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Jeffrey Katzenberg Takes $7 Million Pay Cut

But the real loser here may actually be Hilary Clinton.

Premiere Of Twentieth Century Fox And DreamWorks Animation's "Mr. Peabody & Sherman" - Red Carpet

Poor Jeffrey Katzenberg. His salary dropped by more than $7 million last year. How ever will the powerful producer be able to make ends meet?

Katzenberg’s salary fell by 53% from $13.5 million to $6.4 million. This was attributed to the continuing problems faced by his DreamWorks Animation which recently was forced to lay off many of its workers and sell properties due to a number of box office flops. While getting $6 million in additional incentive pay in 2013, Katzenberg received no such bonuses in 2014.

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This news comes after it was recently reported that he was forced to cut the asking price on his Utah ski getaway by $5 million. Poor Jeffrey Katzenberg. Maybe some of his DreamWorks pals like Steven Spielberg can help him out with a loan.

But the real loser here may actually be Hilary Clinton. Katzenberg is a known supporter of the former First Lady and once again presidential candidate. Hollywood money is ever increasingly influential in the world of politics and since its people are all liberals Democratic candidates flock there to raise funding for their campaigns.

While still having an estimated net worth of as much as $1 billion, the DreamWorks CEO may be too afraid now too risk much of it on political campaign donations.



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