Date: 29th May 2003

Keanu Reeves to donate £50 million from Matrix

Keanu Reeves is planning to give away 50 million in profits from the two Matrix sequels.

The actor will donate most of his pay to effects and costume designers who worked on the movies.

He has negotiated a contract which gives him 15% of box office takings for The Matrix Reloaded and its follow-up The Matrix Revolutions.

The two films are expected to pull in about 450 million worldwide - netting Reeves nearly 70 million.

He said: "Money is the last thing I think about. I could live on what I've already made for the next few centuries."

Keanu, who doesn't own a home and lives in hotels, is well-known for his generosity.

While filming the sequels in Australia, he surprised 12 stuntmen by giving them Harley-Davidson motorbikes.

Source: Press Release