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Friday, July 10, 2020
CON MAN ROBERT DeNIRO - THE CLOWN ALWAYS MOUTHING OFF ABOUT CON MAN DONALD TRUMP
Robert De Niro Claims Coronavirus Hurt His Finances in Divorce Battle with Grace Hightower
Actor Robert De Niro is claiming that the coronavirus pandemic has dealt him a serious financial blow in the latest round of his divorce battle with estranged wife Grace Hightower, according to a report from the New York Post.
Lawyers for the anti-Trump actor reportedly argued during a virtual court hearing Thursday that De Niro cut Hightower’s credit card limit because his restaurant chain Nobu as well as the Greenwich Hotel have been forced to close or partially close due to the virus.
They said Nobu lost $3 million in April and another $1.87 million in May, and that De Niro had to pay investors $500,000, which he borrowed from his business partners “because he doesn’t have the cash.”
It was recently revealed that Robert De Niro’s Nobu restaurants and hotels took 14 coronavirus relief program loans worth $28 million. The Raging Bull actor is believed to be personally worth $500 million.
His lawyers also said the actor is running low on money in part because a movie he was supposed to film this summer in Oklahoma has been put on hold — a likely reference to Martin Scorsese’s Flowers of the Killer Moon.
De Niro “is going to be lucky if he makes $7.5 million this year,” Caroline Krauss, the actor’s lawyer, reportedly said.
Grace Hightower isn’t buying her husband’s coronavirus argument.
“Mr. De Niro has used the COVID pandemic, my words would be, to stick it to his wife financially,” her attorney Kevin McDonough reportedly said.
Hightower, whom De Niro married in 1997, requested that the actor raise her monthly American Express allowance from $50,000 to $100,000. But the Post reported that the New York judge on the case denied her request, ordering De Niro to keep her credit card limit at $50,000 a month and to pay her $75,000 so she can find a summer home for their two children.
De Niro has spoken regularly about his loathing of President Donald Trump. During an appearance on MSNBC’s “The Last Word” in June, the actor said that “I am certainly looking forward to” the president ending up in jail.
The actor said in May on BBC’s “Newsnight” that the president is a “lunatic” who has no regard for how many Americans die of the coronavirus.
Those comments were relatively tame compared to some of the actor’s more heated words for the commander in chief. “I’d like to see a bag of shit right in his face. Hit him right in the face like that, and let the picture go all over the world,” De Niro told filmmaker Michael Moore in his podcast in December.
Kanye West’s clothing-and-sneaker brand Yeezy received a loan of between $2 million and $5 million, according to the data released by Treasury. The company employed 106 people in mid-February before the pandemic struck.
Yeezy, best known for its $250 sneakers, just announced a major deal with Gap that will have the rap superstar designing hoodies and T-shirts to be sold in the chain’s 1,100 stores around the world. (A representative for Yeezy didn't immediately respond to a request for comment.)
Last weekend, West, a notable fan of President Donald Trump, tweeted that he was running for president.
Some other well-known fashion and retail names whose businesses were pummeled by store shutdowns were also approved for loans. The list included high-end designers Oscar de la Renta and Vera Wang and suit maker Hickey Freeman. All their loans were in the $2-million-to-$5 million range.
Robert De Niro’s Nobu Restaurants and Hotels Took 14 Coronavirus Relief Program Loans Worth $28 Million
Nobu, the posh, high-end restaurant and hotel chain — backed by left-wing actor and raging Trump-basher Robert De Niro — took more than a dozen loans from the Trump administration’s Paycheck Protection Program (PPP).
In DeNiro’s eyes, President Trump is a “mean-spirited, soulless, amoral, abusive con-artist son of a bitch.” But that didn’t stop one of the actor’s prime investments from using the Trump administration’s loan program for cash, a loan program meant to help keep small business wrecked by the Chinese coronavirus financially afloat.
The Nobu chain of luxury restaurants and hotels took 14 loans from the U.S. small business relief program for as much as $28 million, which went toward properties across the country, from California, to Texas, to New York, according to a report by CNBC. Nobuyuki “Nobu” Matsuhisa — the celebrity chef and owner of the restaurant chain — has a net worth of $200 million. Meanwhile, Robert De Niro — who co-founded it — is worth an estimated $500 million.
Restaurants were among the biggest recipients of PPP loans, which were part of the government’s response to financial difficulties that businesses faced during the Wuhan coronavirus pandemic. The report added that U.S. Treasury Secretary Steven Mnuchin has said that the program was not meant to go toward companies that could reasonably tap other forms of capital during the pandemic.
The luxury restaurant chain was founded by De Niro, Matsuhisa, and film producer Meir Teper, who combined are estimated to have a net worth of roughly $700 million.
The Nobu group appears to have garnered at least $11 million and as much as $28 million from PPP loans, making it one of the bigger beneficiaries of the program. And the luxury group is not the only well-funded chain to have received government bailouts.
P.F. Chang’s, Five Guys hamburgers. and Bojangles’ Famous Chicken ‘n Biscuits have also received multimillion-dollar loans. Cafe business Bluestone Lane was also given a loan worth between $5 million and $10 million.
The report added that franchisees of both McDonald’s and Wendy’s also appeared on the list and in some cases received loans of more than $150,000.
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