Investing
‘Lord of the Rings’ Backer Starts Family Office With Goldman Hire
New Line Cinema founder Bob Shaye is betting on managing his fortune as more entertainment moguls take control of their money.
A poster advertising the film “The Lord of the Rings: The Two Towers.”
Photographer: David G. McIntyre/Black StarThis article is for subscribers only.
Bob Shaye was one of the few Hollywood studio executives to take a chance on Peter Jackson’s idea to turn J. R. R. Tolkien’s The Lord of the Rings trilogy of books into a movie series.
New Line Cinema’s founder now plans to manage his own fortune, joining a growing number of entertainment moguls taking control of their money.