Billionaire American filmmaker Steven Spielberg is one of Hollywood's most well-known and celebrated figures. During his more than 50-year film career, Spielberg, 72, has directed and produced more than 100 feature films that have made more than US$25 billion at the box office. He is the co-founder and principal partner of the film production company, DreamWorks Studios. His net worth is estimated at between US$3.7 billion and US$6.08 billion. 7 Hong Kong homes for modern millionaires He has been married for 27 years, has seven children, and has owned property in California, New York, and the Hamptons in the state of New York. Check out what Spielberg's life is really like. Spielberg co-founded DreamWorks Studios in 1994 with Jeffrey Katzenberg and David Geffen. Forbes magazine estimates Spielberg's net worth to be US$3.7 billion, while Bloomberg's Billionaires Index puts it at US$6.08 billion. Most of Spielberg's wealth has come from his films, but he is also a consultant for Universal theme parks. He also profited from the sale of DreamWorks Animation to the mass media company NBCUniversal for US$3.8 billion in 2016, Forbes reported. Spielberg was interested in film from an early age. Born in Cincinnati, Ohio, on December 18, 1946, he started making eight-millimetre films with his friends as a teenager. Millionaires’ spending habits have created two distinct luxury worlds He sometimes made horror films with his younger sisters. Spielberg's first feature film was Firelight , which was released in 1964. The film and television online database, IMDb.com, describes the storyline as “menacing flying saucers attack the citizens of a town”. Spielberg attended the California State University, Long Beach after twice being rejected by the University of Southern California School of Cinema Arts. Who wants to be a millionaire? 3 easy ways you can build wealth He later dropped out of university after he was offered a job at Universal Studios, but came back and finished his bachelor’s degree in film production and electronic arts in 2002. Spielberg became a prominent figure in Hollywood after the release of his 1975 film, Jaws , which is considered the first “summer blockbuster”. It made US$60 million within the first month that it was released in cinemas. Spielberg went on to direct mega-hits including E.T. The Extra-Terrestrial , about a gentle alien who becomes stranded on Earth, as well as Jurassic Park and Schindler's List. Is New York's the XI worth the hype? In 1998, Saving Private Ryan , starring Tom Hanks, won Spielberg that year's Academy Award for best director. In 1981, Spielberg released Indiana Jones: Raiders of the Lost Ark , starring Harrison Ford, which was the year's highest grossing film. On the set of the sequel, the 1984 film, Indiana Jones and the Temple of Doom , Spielberg met and grew close to actress Kate Capshaw. In the film, Capshaw played cabaret singer Willie Scott, the female lead, alongside Ford. Spielberg and Capshaw married in 1991 and have been together for more than 27 years. The director was previously married to actress Amy Irving. The couple’s son, Max, is also in the acting business. How billionaire rapper Jay-Z made and spends his fortune Spielberg and Capshaw share six children, including two from a previous marriage and two who were adopted. Theo Spielberg, who was adopted, and Jessica Capshaw are Kate Capshaw's children from a previous marriage. A look at Oracle billionaire Larry Ellison’s real estate portfolio Capshaw and Spielberg share four more children: Sasha Spielberg, Sawyer Spielberg, and Destry Allyn Spielberg, and adopted daughter, Mikaela. Several of the Spielberg children are involved in creative industries. Theo and Sasha formed an indie folk rock band called Wardell in 2012 and have since toured with Ryan Adams and opened for Vampire Weekend, Grimes and Haim. Spielberg's daughter, Destry, dropped her surname to pursue acting, and now goes by the stage name Destry Allyn. “I grew up around [the film industry], so I was like, ‘I’m going to stay away’, but I ended up falling in love with it,” she told Town and Country magazine in 2018. Some of Spielberg's children have had small roles in his films, such as Sawyer, who played a “plaza protester”, and Sasha, who played a “woman with package”, in the 2017 film The Post . Spielberg is the stepfather of actress Jessica Capshaw, his wife's daughter from her previous marriage. Jessica Capshaw is best known for her role as Arizona Robbins in the medical television drama Grey's Anatomy. Spielberg is also the godfather of two Hollywood superstar actresses: Drew Barrymore and Gwyneth Paltrow. Where do the world’s wealthiest live? Top 15 places with the most billionaires Barrymore acted in Spielberg's E.T. The Extra-Terrestrial when she was just seven years old. Spielberg became her godparent when she was a teenager. Paltrow had a small role in Spielberg’s 1991 film Hook, starring Robin Williams. Spielberg and his wife live in Pacific Palisades, an upmarket Los Angeles residential neighbourhood with ocean views and hiking trails. Their home is a tile-roofed stucco mansion, which they bought in the late 1990s. It sits on a three-acre (1.2-hectare) hillside plot and counts Gone with the Wind producer David O. Selznick and actor Cary Grant among its former owners. Spielberg and his wife have accumulated a sizeable property portfolio across the United States. In 1989, they bought a property in Malibu and later bought an adjacent property in 2000 for a total of US$6.57 million. They sold the properties for US$26 million in 2015. The Spielbergs also own a holiday home in Georgica Pond, a coveted area of the Hamptons. Their Hamptons neighbours reportedly include singer Beyoncé and her husband, rapper Jay-Z, and billionaire banker Ronald Perelman. Who are social media’s selfie-made beauty billionaires? In the late 1990s, then-US President Bill Clinton and First Lady Hillary Clinton spent at least two weekends at the Spielbergs’ Hamptons home. Spielberg has also owned property in New York City. At one point, Spielberg owned a condominium in the trendy Tribeca neighbourhood, in Manhattan, New York, in a building that has counted Taylor Swift, Orlando Bloom, and Peter Jackson among its celebrity residents. Spielberg has been known to cruise the world on his yacht, stopping at locations including Portofino, Italy, Shanghai, in China, and Hawaii. The director bought a yacht called The Seven Seas for US$184 million, but in 2015 he put the 282-foot (86-metre) vessel up for sale – because it was not big enough, Britain’s Daily Mail reported. Spielberg has been seen driving around Los Angeles in a Tesla Model S ... ... and he is reportedly an avid player of video games in his spare time. Over the years, Spielberg's films have earned him more than 190 awards and more than 200 nominations. 5 things to know about billionaire Forrest Li's shooter game Free Fire He won his first Oscars for 1993's Schindler's List , which won both best picture and best director at the 1994 Academy Awards. He went on to win another Oscar for Saving Private Ryan , as well as nominations for War Horse , Lincoln , and The Post . He was awarded a star on the Hollywood Walk of Fame in 2003. What’s it like to stay at Four Seasons Lanai in Hawaii In 2015, Spielberg was awarded the Presidential Medal of Freedom by US President Barack Obama. Spielberg is Jewish and has spoken publicly about how he was bullied because of his religion as a child, which is partially what led him to found the USC Shoah Foundation in 1994 to videotape and preserve interviews with Holocaust survivors and witnesses. The foundation has collected 115,000 hours of video testimony. Why MacKenzie Bezos deserves more of billionaire Jeff Bezos’ fortune Want more stories like this? Sign up here . Follow STYLE on Facebook , Instagram , YouTube and Twitter This article originally appeared on Business Insider .