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Kevin Costner | Source: Getty Images
Kevin Costner | Source: Getty Images

The One Thing Kevin Costner Risked His Fortune, Family Home, and Marriage For

Junie Sihlangu
Nov 11, 2024
09:30 A.M.

Kevin Costner is an actor, producer, and writer who deeply cares about his craft. He approaches each project with unwavering dedication, putting in the effort to ensure every detail is just right. His passion has now driven him to give his all behind the scenes. But the question arises: how far is he willing to go to bring his creative vision to life?

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In recent years, Kevin Costner has fully dedicated himself to the "Horizon: American Saga," a Western film series divided into four parts. This series delves into the expansion of the American West during the period surrounding the Civil War.

Kevin Costner at the Pre-Grammy Gala & Grammy Salute To Industry Icons Honoring Julie Greenwald & Craig Kallman on February 4, 2023, in Beverly Hills, California | Source: Getty Images

Kevin Costner at the Pre-Grammy Gala & Grammy Salute To Industry Icons Honoring Julie Greenwald & Craig Kallman on February 4, 2023, in Beverly Hills, California | Source: Getty Images

The narrative explores the tensions between the Native American populations, whose lands were increasingly encroached upon, and the settlers who were determined to establish themselves there. Through this, a significant chapter of American history is portrayed.

To put his fans at ease about another project he's become synonymous with, in June 2024, the star revealed in a short clip that he wasn't going to reprise his role for "Yellowstone" season 5. He explained that after working on "Horizon" for a year and a half, he wouldn't be able to continue with the series he loves.

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Speaking about "Yellowstone," he confessed, "It was something that really changed me. I loved it. And I know you loved it." He continued, "And I just wanted to let you know that I won't be returning and I love the relationship we've been able to develop and I'll see you at the movies."

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While Costner's focus has shifted to "Horizon," securing investors for this project has proven challenging for him. He admitted that there was a lack of confidence from others in his ambitious vision, leading him to personally finance the production to ensure it was brought to life.

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The award-winning actor provided the backstory of how he conceived the film project during an interview in May 2023. "I commissioned this story in 1988. Single movie, two-hander. A conventional Western with a beginning, middle, and end. I couldn’t get anybody to make it," he divulged.

After the success of his other western movie, "Open Range," he realized he had an opportunity to work again with Disney. However, a $5 million difference in budget negotiations prevented the project from moving forward, despite the studio's financial gains from the previous film.

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Undeterred, eight years later, Costner revisited the idea, began writing with a partner, and eventually developed it into four screenplays. By reverse-engineering the concept back to 1988, he believed the story was strong.

Recognizing that bringing the project to life would be a significant challenge, the actor understood that a drastic decision was necessary. As a result, he made a considerable sacrifice, much to the frustration of his accountant.

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"I've mortgaged 10 acres on the water in Santa Barbara where I was going to build my last house. But I did it without a thought. It has thrown my accountant into a [...] conniption fit. But it's my life," Costner revealed.

The "Yellowstone" alum further expressed his unwavering belief in the project, emphasizing that his determination to see it come to fruition never faltered. When asked if he believed in the project so much to gamble with his property, he had the perfect response.

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"At the end of the day, I'm a storyteller, and I went ahead and put my own money into it. [...] I don't know why, but I have not let go of this one," Costner said. He also mentioned that, on three occasions in his career, he had "pushed it into the middle of the table." This marks the fourth time he has done so.

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The movie star shared that he is on track to spend $98 million on the first three films of his Western series, with the fourth installment pushing the total investment beyond $100 million.

During a press conference at the Cannes Film Festival in May 2024, just one day after the first installment of "Horizon" premiered in the city, the Oscar-winning actor elaborated on his decision to bet on his vision by using personal assets.

Kevin Costner at the "Horizon: An American Saga" press conference at the 77th annual Cannes Film Festival on May 20, 2024, in Cannes, France. | Source: Getty Images

Kevin Costner at the "Horizon: An American Saga" press conference at the 77th annual Cannes Film Festival on May 20, 2024, in Cannes, France. | Source: Getty Images

"I've acquired some things [...] I don't need four homes. I'll risk those homes to make my movies. [...] I want to leave them to my children, but my children will have to live their own lives," said the father of seven of his sacrifice to make the film.

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Costner conveyed his confusion regarding those who failed to grasp his vision for the film he aimed to create. He remains confident that other movies are not superior to his own. "I made it for people," said the Hollywood veteran.

For this project, the lead character is named Hayes. He explained that the name became a significant part of his journey in bringing the movie to life.

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Despite the challenges he faced in securing financing for the project since 1988, his attachment to the name never faded. Years later, it became his son's name. Hayes also happens to feature in his famous father's film.

By investing his own money and deferring all his fees for "Horizon," Costner has shown just how dedicated he is. The project has become more than just work for him, it's turned into his obsession.

The actor recognized that some might perceive his actions as a gamble, but he clarified that he doesn't view it that way. "I'm not a gambler. [...] I gamble on the love of story. I'm gambling on people, in a sense," he said.

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He admitted that he can't force audiences to visit the theater, but once they're there, his goal is to provide them with the best experience possible. That's what he relies on.

Costner often faces difficulty gaining support for the films he envisions despite his confidence in the quality of his work. He consistently finds that the movies he wants to create, such as "Dances With Wolves," "Bull Durham," "Field of Dreams," and "Open Range," are more challenging to bring to realization.

Kevin Costner and Gaby Hoffmann on the set of "Field of Dreams," 1989 | Source: Getty Images

Kevin Costner and Gaby Hoffmann on the set of "Field of Dreams," 1989 | Source: Getty Images

The star is known for his unwavering commitment to the projects he believes in, even if they take years to develop. He expressed his desire to return to Cannes in the future with the third installment of the "Horizon" series.

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The actor has already completed a few days of shooting for part three and is actively seeking additional funding. In Cannes, where the first film garnered an 11-minute, 40-second standing ovation during its world premiere, he made a point of asking potential investors to contribute financially, emphasizing the need for support to continue the project.

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"Horizon: An American Saga" Chapter 1 was released in theaters in June 2024 through Warner Bros. However, after it underperformed at the box office, the premiere of the second chapter was pushed from August to September 2024. Costner also disclosed that production of "Chapter 3" began in May 2024 and hinted that Chapter 4 will prominently feature Native Americans in the storyline.

Kevin Costner at the "Horizon: An American Saga" red carpet event at the 77th annual Cannes Film Festival on May 19, 2024, in Cannes, France. | Source: Getty Images

Kevin Costner at the "Horizon: An American Saga" red carpet event at the 77th annual Cannes Film Festival on May 19, 2024, in Cannes, France. | Source: Getty Images

Alongside risking his wealth and family home for his cherished movie project, the celebrity has also faced the challenges of a failed marriage.

The End of Costner's Second Marriage

His now ex-wife, Christine Baumgartner, filed for divorce in May 2023 following 18 years of marriage. She cited irreconcilable differences and listed their date of separation as April 11, 2023.

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An insider revealed that Costner wasn't entirely blindsided by Baumgartner's divorce filing. Although he found the filing to be an "unpleasant surprise," he wasn't completely shocked by it, said the source.

According to the insider, the actor didn't want a divorce even though he knew she was unhappy. As for Baumgartner, she had hoped for more family time at their Santa Barbara home, but during filming, her ex-husband's frequent absences made that difficult.

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The source noted that her husband's absence had been challenging for her. Moreover, she wasn't pleased about his ongoing obsession with the "Horizon" project, which had consumed him since the previous year.

The separation resulted in a legal battle between the estranged spouses, who married in September 2004 and welcomed three children: sons Cayden and Hayes and daughter Grace.

Cayden, Kevin, and Hayes Costner, Christine Baumgartner, and Grace Costner at the world premiere of "McFarland, USA," 2015

Cayden, Kevin, and Hayes Costner, Christine Baumgartner, and Grace Costner at the world premiere of "McFarland, USA," 2015

The verdict ruled in Costner's favor. The judge explained the reasoning behind his decision after both exes took the stand, discussing co-parenting their children and the next steps in their separation.

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The court also revealed its decision on child support. Costner was ordered to pay Baumgartner $63,209 per month, significantly less than the $161,592 she had requested.

Judge Thomas P. Anderle noted that "both sides made strong closing arguments." Regarding the ruling, Anderle stated that the "reasonable needs of the children are fully met by this child support order." He remarked that any amount "greater than $63,209 per month" would essentially be "disguised spousal support."

Costner's Other House

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Costner faced significant challenges before production started on "Horizon: An American Saga - Chapter 1" in 2022. In 2021, he experienced the loss of both parents and soon after encountered difficulties with the shooting schedule for "Yellowstone."

These issues escalated into a contract dispute and a publicized conflict with the show's co-creator, Taylor Sheridan, and the production companies. Despite these setbacks, Costner managed to complete not one but two "Horizon" films during this tumultuous period.

Reflecting on the challenges he's faced, Costner described a moment of introspection, imagining himself in a dark theater, urging himself to rise and push through the difficulties. He motivated himself to find joy in watching his kids play while working hard to complete his project.

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Even though he took a mortgage on his oceanfront plot to finance his movie, it's not the only property he owns. Costner owns another in Aspen. His decision to mortgage his beachfront property was one he said his then-wife once joked about as she remarked, "One more and we're out of business."

An overview of Kevin Costner's estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

An overview of Kevin Costner's estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

When asked about this comment, Costner clarified that his ex-wife hadn't actually said it; instead, it was his way of being self-deprecating, using the line as a lighthearted way to acknowledge that his actions might seem a bit crazy.

Kevin Costner's living room at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

Kevin Costner's living room at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

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When questioned about whether his divorce and his former spouse's dissatisfaction with the movie project were connected, Costner responded, "No, they're not related."

Kevin Costner's main bedroom at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

Kevin Costner's main bedroom at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

After investing heavily in the project and taking significant financial risks to secure funding, Costner faced disappointing results. The first film grossed just over $11 million at the domestic box office the weekend it debuted.

Kevin Costner's jacuzzi at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

Kevin Costner's jacuzzi at his estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

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The movie earned slightly over $34 million worldwide during its theatrical run, which concluded in August 2024. Internationally, "Chapter 1" earned over $5.2 million with domestic earnings reaching a total of $29 million.

Kevin Costner's estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

Kevin Costner's estate in Aspen, Colorado | Source: YouTube/CNBCMakeIt

Kevin Costner reportedly confirmed that he invested $38 million of his own money to produce the first installment of the planned four-part film series. Hopefully, the upcoming installments will bring more profit and pay off his hard work.

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