Robert De Niro says he’s running out of dinero.
The coronavirus dealt a massive blow to the actor’s finances, he revealed in court, as his estranged wife asked for an emergency order to raise her monthly American Express card credit limit from $50,000 to $100,000.
The “The Irishman” actor appeared on a Skype call in his Manhattan divorce case with Grace Hightower as her lawyer told a judge that De Niro unfairly cut her monthly AmEx allowance from $100,000 to $50,000 and said she and their children had been banned from an upstate compound where De Niro is staying during the pandemic.
But lawyers for De Niro said he cut Hightower’s credit card limit because he’s taken a huge financial hit as the restaurant chain Nobu and Greenwich Hotel, both of which he has stakes in, have been closed or partially closed for months with barely any business.
De Niro’s lawyer, Caroline Krauss, told the judge that Nobu lost $3 million in April and another $1.87 million in May. And he had to pay investors $500,000 on a capital call, which he borrowed money from his business partners to make, “because he doesn’t have the cash,” Krauss said.
Krauss also explained that under the terms of their 2004 prenuptial agreement, De Niro is only required to pay Hightower $1 million a year as long as he’s making $15 million or more in income, and if his income declines, his payments to her proportionally do too