Dustin Hoffman says he was 'basically broke' after making iconic comedy

EntertainmentMovie
11 Nov 2026 • 8:28 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Dustin Hoffman says he was 'basically broke' after making iconic comedy

Dustin Hoffman has revealed he walked away with only $3,000 from The Graduate, the film that made him a global star.

The 89-year-old actor said the four-figure sum was what remained once his expenses had been taken off.

While the 1967 movie transformed him into a global star, he was "basically broke".

In his new memoir Look At Me, he wrote: "I only took home $3,000 from The Graduate, after I paid all my expenses, believe it or not. (I had to pay my own way to LA for the shoot.)

"When that money ran out, I went on unemployment. I couldn’t go out in the street without people coming up to touch me and ask for my autograph, but I was still basically broke."

At the time, Life magazine published a picture of him at an unemployment agency, leaving him "embarrassed". However, his time on unemployment benefits did not last long.

He added: "I could never go back in there again."I was embarrassed by the dirty looks from other people standing in line who needed the money and assumed I didn’t."

Dustin Hoffman and Anne Bancroft in ‘The Graduate’ (United Artists)

The Rain Man actor also recalled another tough time in his life, when he was held at gunpoint by the husband of a woman he was having an affair with.

Appearing on the Conan O'Brien Needs A Friend podcast, he said: “I was having an affair with a married woman."

“She thought that once her husband went to sleep that he stayed asleep. I was invited to come over after he went to sleep.”

Dustin revealed he and the mystery woman were having a "festival of sorts" when her husband "walked in with a gun" and ordered him out of their home.

He added: “When you have a gun pointed at you - first of all, that hole is much bigger than the actual hole - you realise how, any second, he’s gonna pull that trigger.“His finger is on the trigger and you think, any second. You realise, that’s it. I’m gonna die. You will do anything to avoid getting killed.”

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