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Ben Affleck & Matt Damon blew all their Good Will Hunting money in 6 months on a party house and Jeeps

The longtime friends and collaborators shared a bank account during their early years as working actors

Newsroom April 24 01:12

Ben Affleck and Matt Damon managed to blow through $600,000 in six months. How do you like them apples?

Before sharing a Best Original Screenplay Oscar win, the longtime pals and collaborators shared a bank account, but once the struggling young actors and writers deposited their check for selling the script for Good Will Hunting, it wasn’t long before they maxed out their joint savings.

“When we sold Good Will Hunting I was like, ‘We are now rich for life. My needs are over. I will never have to work again,'” Affleck said during an appearance on The Drew Barrymore Show this week.

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Then he broke down just how quickly that turned out not to be the case: “We sold it for $600,000, we split that, $300,000 each, and then the agents got $30,000. So we had $270,000, and we paid about $160,000 in taxes, so we had $110,000, each bought $55,000 Jeep Cherokees, and then had $55,000 left, which naturally we decided to rent a $5,000-a-month party house on Glencoe Way by the Hollywood Bowl, and we were broke in six months.”

Read more: EW

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