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Hollywood’s Last Bad Boy


Written by Siobhan on July 09 2026

The 25-year-old Transformers star has thrown as many punches as he has parties, he has a rap sheet as long as his filmography, and when he’s not pissing off studio heads, he’s messing around with another guy’s girlfriend. But Shia LaBeouf may also be the most honest—and complex—actor alive. More than meets the eye? Damn right.

The way Shia LaBeouf tells it, he was just stepping out for a smoke. “I’m at a bar, trying to be with my friends,” he begins, still a little peeved several months after the night in question, “and a dude comes up to me and says he wants a photograph, and I say no.” The actor is folded into a bronze vinyl booth at the Brite Spot Family Restaurant, a kitschy diner on West Sunset, talking about the widely reported incident at Mad Bull’s Tavern in Sherman Oaks in February that ended with one of Hollywood’s most bankable stars chilling on the curb in handcuffs.

“Then he comes up with his girlfriend and says it’s for her, and I say, ‘Actually, I’m a little topsy-turvy, man. Can I not?'”

LaBeouf wishes he could handle such situations with more finesse. But then again, he doesn’t. “I would like to be George Clooney diplomatic,” the 25-year-old star concedes. “I just don’t have the wherewithal yet or the inner serenity. My bullshit meter is tuned very sensitive. The minute it starts kicking up, I get back to truth, and sometimes that involves, you know, ‘I don’t want to take a picture.’ And if that’s the case, am I an asshole for being honest? Or am I an asshole for being dishonest, smiling in your picture and I fucking hate being there? Which one is worse? These are the questions I ask myself that George Clooney doesn’t ask.”

Apparently, the guy in the bar wasn’t the type to ponder such issues either. He just wanted the photograph. “Then you go out to have a cigarette, and somebody comes at you,” LaBeouf says. “Hey, I’m a human being also.” That’s his problem right there. LaBeouf’s humanness, and his pigheaded if touching determination to hang on to it—no matter how insane the scene they throw up on the green screen behind him, or how outlandishly beautiful the women they pair him with, or how many zeros they cram onto his paychecks (see Transformers: Dark of the Moon, in theaters June 29)—keep getting him into trouble. That and the moonshine.

“I was actually researching,” he says of his hooch-drinking session several hours before the bar fight, as the waitress places a cheeseburger before him. “As crazy as that sounds, to blame it on the acting thing, I was getting ready to make a movie about dudes who live on moonshine every single day.”

Reaching for his iPhone, LaBeouf loads the 12-minute “sizzle reel” of footage from The Wettest County in the World, which was sold to the Weinstein Company after a hard-fought bidding war the previous day at Cannes. Directed by John Hillcoat from a screenplay by the rocker-poet Nick Cave, the film stars Tom Hardy, Jason Clarke, and LaBeouf as bootlegging brothers in Prohibition-era Appalachia.

Anyway, LaBeouf and his costars had been drinking moonshine at dinner after their table reading. “I went to this bar, and I don’t know. You sort of root for certain behavior.” He’s wearing a T-shirt with a teddy bear on it, black jeans, and hiking boots. He’s bulked up considerably since he first achieved notoriety as the dandelion-headed wisenheimer Louis Stevens on the Disney Channel series Even Stevens—though he’s not quite as jacked up as he was when he was working out twice a day and gulping down creatine and protein shakes to prepare for Wettest County. “Dude, I was 185 and ripped,” he says.

LaBeouf is good company, garrulous and intense, with an appealing touch of the angry young man about him. He spits constantly when he’s outside (“I have a wet mouth”) and is given to reciting poetry, reading me Charles Bukowski’s “Bluebird” and “B as in Bullshit” off his iPhone. He drives an enormous black Silverado pickup and a Thruxton Triumph 900 motorcycle, carries a folding Kershaw knife, and displays a Holden Caulfield-esque allergy to phoniness that makes one wonder how he can stand Hollywood at all.

LaBeouf knows he engenders hostility in certain quarters, a sense that he could stand to be taken down a peg. “This is not to be comparing myself to DiCaprio, but I remember the hatred for him when every girl I liked wanted to . . .” He pauses. “It’s not extraordinary envy, like Robert Pattinson fan-worship shit, but I do feel animosity from men. They feel like they want to challenge me. ‘I just fucked up Shia LaBeouf!’ It’s a story you can tell, and I guess you’re cool for it.”

 

The classic Hollywood myth begins with a young innocent, full of hope, arriving with visions of fame. Act 2 finds the naïf successful but exploited, before falling prey to temptation and winding up disgraced and penniless in the final reel. It’s not strictly a myth, either: The celebrity weeklies are packed with case studies. What’s not always well understood when LaBeouf douses a paparazzo in coffee or gets cited for failure to appear is that he’s actually playing the myth in reverse. Hollywood hasn’t been his downfall but his salvation. “I’m usually a cynical fuck,” he says, “but I’m always hopeful when it comes to movies.”

“We lived in this pink apartment building right over there,” LaBeouf says as he slips on a pair of Wayfarers, steps out onto Sunset, and points at a nearby hill. It’s a gorgeous afternoon, and we amble toward Echo Park, northwest of downtown Los Angeles. We slide by the Angelus church, where LaBeouf was baptized (he also had a bar mitzvah). He singles out the block of Glendale Boulevard where he was conceived—in a parked van in 1985–and we walk the looping path in the park where he and his parents made rent by dressing up as clowns and selling cups of shaved ice. The area has changed. “It wasn’t this SoHo-y, gentrified hipster shit,” he says, spitting on the ground.

Echo Park was mostly poor then, black and Latino. LaBeouf’s mom, Shayna, was Jewish, a dancer from New York City who made and sold handicrafts. His father, Jeffrey, was a Cajun Vietnam vet with a longstanding drug problem, a collection of lowlife biker buddies, and some unusual moneymaking schemes, including growing pot along the 110 Freeway and selling it around the neighborhood. His parents were together only intermittently, and the clown-family routine remains one of LaBeouf’s happiest childhood memories. “It was the one time they would always stop fighting,” he says. “Who wants to buy a snow cone from some fighting clown family?”

Still, under the greasepaint and floppy hat, LaBeouf was a mess. His dad often disappeared and spent years in a VA hospital trying to kick heroin. “I fucking hated him for it–choosing the hospital over me,” LaBeouf says. One of the few white kids in his neighborhood, he felt isolated and strange. “I felt like shit about myself,” he remembers, sitting on a bench and firing up a cigarette. “I was basically alone. That does something to you.” After one therapist suggested that he take out his anger on a stuffed animal, he chose a big teddy bear and throttled it in a rage every day after school.

Not surprisingly, LaBeouf soon “got kicked out of every school I ever went to” for fighting. “You weren’t fighting because you were a tough guy,” he explains. “You were fighting because a dude comes up and punches you in the chest—so either you hit him back or not only is he going to punch you every day but all his friends are going to beat the shit out of you. You fight out of fucking survival.” He drops his cigarette and mashes it out. “I still have that in me, which gets me into trouble.”

What followed was a series of stints in various reformatories, behavioral academies, and religious retreats, including one Christian camp where he was required to wash the feet of his fellow campers after a strenuous hike, just like the apostles.

Gradually, LaBeouf developed another survival mechanism: a sense of humor. He was a funny kid, practicing comedy routines and hitting open-mic nights at local clubs. LaBeouf knew he had to “make a move,” he says, if he was going to have a decent future. He began calling casting agents, posing as a talent manager and suggesting that they take a look at his brilliant young “client.” No doubt they were wise to the hustle, but at least one was intrigued enough to get the 13-year-old smartass an audition with the Disney Channel. LaBeouf arrived with a prepared monologue–a Lenny Bruce routine–and left with a starring role. “They didn’t hire me because I was a good-looking dude,” he says. “They hired me because I had no fear, no respect for authority, and no respect for boundaries.”

On Even Stevens, LaBeouf’s performances were mostly improvised and aimed more at amusing the crew than at entertaining the kids at home. The gig provided him with a ready-made family as well as a way to reconnect with his estranged dad: The law requires that child actors have an adult guardian on set, a job LaBeouf was suddenly in a position to pay his father to do. “I basically rented my dad back. We developed a relationship based on this commerce.”

Jeffrey LaBeouf was still dealing drugs, and the two of them lived in a cheap motel. An actress on the show accused Jeffrey of sexual harassment; another time, he attacked a high-level Disney executive, who was gay, after the man gave Shia a congratulatory hug. Jeffrey, who has always been homophobic, Shia says, grabbed the man by the lapels and practically put him through a wall. “He goes, ‘Are you trying to talk to my boy, you chicken hawk?'” recalls LaBeouf, who makes it clear he doesn’t share his father’s prejudice. “You can’t do that to the executives.”

If there’s one thing that Shia LaBeouf shares with his father, it’s a propensity for stirring up trouble. There was that time he rolled his truck while “philandering around,” as he says, with his Transformers: Revenge of the Fallen costar Isabel Lucas (then in a relationship with Entourage’s Adrien Grenier). “It was sort of disastrous,” LaBeouf says. “Neither one of us, I think, were in love. Just sort of experimenting or whatever.” Technically the accident—in which LaBeouf’s car flipped three times, pinning his arm and leaving his hand mangled—was the other driver’s fault. But LaBeouf admits he’d had “three or four” beers a few hours before getting behind the wheel.

Then there was the time he pulled his knife on a guy who’d gotten into a traffic beef with his mom, and the well-documented altercation with a security guard in a Chicago Walgreens. The misadventures that didn’t make the papers, he says, are legion—including the day a few years back when he and Megan Fox were at a Taco Bell and the cashier made a rude comment to her and LaBeouf wound up going behind the register and whaling on the guy.

As L.A.’s paparazzi have found in recent years, stalking LaBeouf should carry hazard pay. When one photographer aimed a long lens at the window of LaBeouf’s house, the actor burst outside, grabbed several thousand dollars’ worth of equipment from the shooter’s car, and held on to it until the cops showed up. “I’m a little territorial and defensive,” he says. “I don’t like having my space invaded. I’m a fucking human being who pays his taxes. And I don’t respond in a really sweetheart way. I mean, maybe I should develop that, but even as I say that, I have this cheerleader in the back of my head that’s like, ‘No, man, don’t conform!'”

LaBeouf doesn’t want to change simply to protect his image. He’s discussed this at length with Harrison Ford, Gary Oldman, and John Malkovich, not to mention his father. “You should hear how they were living at 24. Everybody’s got stories. I don’t want to not have stories.” Plus, there’s an upside to posing for the occasional mug shot. “I’ve noticed that since this ‘wild child’ shit has been posted on my head,” he says, “people seem a little more respectful.”

El Compadre, the “Home of the Flaming Margaritas,” is a Mexican cantina on Sunset with big Diego Rivera—style murals on the walls and plastic papel picado banners strung from the ceiling. It’s late afternoon, and over a few Dos Equis, LaBeouf proceeds to offer up so many noteworthy yarns—his near blinding when a spike punctured his eye socket while he was filming Transformers: Revenge of the Fallen (after 20 stitches, he returned to the set and “they shot from the other side,” he says); his ill-fated sushi dinner with Hilary Duff (“probably the worst date either of us has ever had”); his backstage throwdown with Tom Hardy after a joke gone awry (“He never did that roughhouse stuff with me again”)—that I suggest he write a book.

He laughs. “Nah, dude. People write books about important shit.”

LaBeouf places a premium on honesty, which is why when he’s asked about a movie he’s appeared in, or his place in the business, or whether he’s hooked up with Megan Fox (i.e., traveled to the Hottest County in the World), he tends to offer a forthright reply.

“He will say what he feels, almost too much so,” notes Wettest County director Hillcoat. “He wears his heart on his sleeve, and it can sometimes blow back. But it’s the same thing that also lets him access the truth of his emotions.”

Such truth telling hasn’t always amused his colleagues. After being anointed by Steven Spielberg, LaBeouf gave a lukewarm review to Indiana Jones and the Crystal Skull, blaming himself as well as the legendary filmmaker for its failings (“When you drop the ball, you drop the ball,” he said at the time). “I got lambasted for that, and understandably so,” he says, smiling. “Because you can’t be an actor and be honest—that’s crazy!” Although LaBeouf tells me that Harrison Ford privately applauded his outspokenness, Ford recalls the conversation differently. “I think I told him he was a fucking idiot,” the famously reticent star says. “As an actor, I think it’s my obligation to support the film without making a complete ass of myself. Shia is ambitious, attentive, and talented–and he’s learning how to deal with a situation which is very unique and difficult.”

LaBeouf is also critical of last year’s Wall Street: Money Never Sleeps. While effusively praising the performances, story line, and cinematography, he says the problem was Oliver Stone’s sentimentality. “He’s trying to play nice. But for a movie like Wall Street that had so much bite the first time around to come out without fangs and preach a message of hope wasn’t what people were looking for.”

He also gave an emphatic thumbs-down to Transformers: Revenge of the Fallen. “We were flying by the seat of our pants, with an unlimited budget,” he says now, noting that they’d begun shooting without a finished script. “None of us had any clue what we were doing.”

Worse, the franchise’s coanchor, Megan Fox, had undergone something of a feminist awakening. Embodying the Eye Candy of the Apocalypse no longer felt like a worthy endeavor. “She felt like a prostitute,” LaBeouf says. Fox quit her role in May 2010 after a dustup with the director, Michael Bay, and was replaced by the lingerie model Rosie Huntington-Whiteley for the third movie.

Asked if he hooked up with Fox, LaBeouf nods affirmatively. “Look, you’re on the set for six months, with someone who’s rooting to be attracted to you, and you’re rooting to be attracted to them,” he explains. “I never understood the separation of work and life in that situation. But the time I spent with Megan was our own thing, and I think you can see the chemistry onscreen.” When I inquire about Fox’s status at the time with her longtime boyfriend, Brian Austin Green, LaBeouf replies, “I don’t know, man. I don’t know. I don’t know. I don’t know. . . .”—repeating the phrase exactly 12 times with various intonations, as if trying to get it just right. Finally, he says, “It was what it was.”

Whatever audiences think of Dark of the Moon—which LaBeouf swears is by far the best of the three Transformers films—the actor is plainly relieved to have fulfilled his commitment. Not that it isn’t a comfortable existence, being one of the most reliable earners in Hollywood—last year he topped Forbes’ “Best Actors for the Buck” list, which means his asking price of $15 million per film is considered a bargain. But LaBeouf, who also starred in Disturbia and Eagle Eye, isn’t in it for the money. After a number of well-compensated roles that did little to showcase his talent, he is aware that he still has plenty to prove. “I am trying to impress myself,” LaBeouf says. “I have yet to do it.”

As a result, he’s gotten choosy. He says he’s done with the action genre. Not only did he walk away while in talks for The Bourne Legacy and Rise of the Planet of the Apes, he says he lost interest during negotiations to appear in Oscar bait like 127 Hours and The Social Network. While they were all fine movies, he says, “I’m looking for Warren Beatty—type game changers.”

The independently financed Wettest County just might be one. “Shia was always first on the set, and he treated the crew with incredible respect,” Hillcoat recalls. “It can be hard to keep your bearings, especially at that age with that kind of access to money, but he’s remained very decent.” As an actor, Hillcoat adds, LaBeouf reminds him of a young De Niro. “He has amazing depths of emotion and heart and curiosity. There’s a real masculine power to him, but he can play vulnerable, warmer, emotional aspects of himself.”

With that film wrapped, LaBeouf is considering a number of projects but hasn’t committed to any. All of them have one thing in common: They won’t pay him anything close to $15 million. I ask him what his agent, CAA president Richard Lovett, thinks of his leaving all those chips on the table. “Oh, I’m the villain now, for sure,” LaBeouf says. “But I mean, I don’t give a fuck. At this point I have enough money to live 25 lifetimes. You couldn’t spend the money I’ve accrued now. I have no interest in the materialistic bullshit money can buy.”

Having grown up poor, LaBeouf says he feels “real shame” about the wealth he’s acquired. He has no assistant, no driver. He bought his house, in a low-key part of town, for about $1 million. LaBeouf remembers his Wettest County costars Clarke and Hardy discussing sports cars. “They’re talking about Ferraris and shit, like it’s a cool car. If Clarke pulled up in a Ferrari right now, my idea wouldn’t be, ‘What a cool fucking guy!’ It would be, ‘Look at this clown.’ I think the fact that I despise that stuff keeps me safe,” he adds with a smile. “I hang on to my dirt. I like my dirt.”

Given his rocky childhood, perhaps it’s not all that surprising that LaBeouf seeks stability in his romantic life–albeit with a few high-profile exceptions. He calls himself a “serial monogamist” and says he’s never had any interest in bedding movie extras or fans, despite the array of opportunities afforded an A-list star. It’s “below my dignity,” he says. “It’s not me. I’d feel disgusted with myself. It takes a certain mentality to be able to pay a hooker and stay hard, if you know what I mean.”

LaBeouf and Carey Mulligan, his Wall Street: Money Never Sleeps costar, dated for more than a year before mutually ending their relationship last October. “I still love her,” he says. “I think she’s a fucking awesome person and an incredible actress. We’re still pals. I wouldn’t take any of it back, and I don’t think she would either. It just ran its course.”

He met his current girlfriend, Karolyn Pho, a student and stylist, at a restaurant. Though he made a careful study of Neil Strauss’ pick-up-artist bible The Game and can recite several “approaches” from memory, he says he never really uses that sort of technique. Instead, true to form, he favors a strategy of brutal honesty. “I just saw her, thought she was attractive, and told her so. Just straight. I put it on the table, and either it works or it doesn’t.”

They’ve been together for seven months. The two of them do a lot of cocooning. They see Groundlings and Second City shows, hit the museums, cook, watch movies, and hang out with LaBeouf’s one-eyed English bulldog, Brando. “It’s a pretty mundane, domestic, docile, lame, sort of not-that-exciting existence,” he says. It suits him fine.

For the first time in a while, he has nothing concrete lined up and a lot of blank days on his calendar. “That’s the new, very hard challenge, man,” he says. “I’m a call-sheet junkie. I love being on set. So the hardest thing for me is dealing with all this idle time. That’s when I get into trouble.” Sounds like it could get ugly, I tell him. LaBeouf drains his beer and stands to leave. “Or beautiful,” he says with a smile.

 

 

Landing in Hollywood


Written by Siobhan on June 23 2026

What drew Shia LaBeouf to acting, at age 10, was a hatred of school and a yen for … designer sneakers. His Tupac-loving friends dissed his Disney Channel debut, but now, at 21, he’s being talked about as the next Tom Hanks. As LaBeouf follows his spring hit, Disturbia, with this month’s science-fiction blockbuster, Transformers, he dishes about his first love (the producer’s daughter!), going to A.A. with his dad, and snagging the ultimate action role, in the fourth installment of Indiana Jones.

The giant letters on the hills in this part of town don’t spell holly­wood; they spell think blue, the slogan of the Los Angeles Dodgers. “I grew up running around these hills,” says Shia LaBeouf, squinting from under the brim of his blue Dodgers cap in the stadium’s parking lot. “There’s a police academy, if you go over that one. You can watch them take rifle practice, which is bad­ass.” He turns toward the entrance to the field-level boxes. “Come on.”

Inside, LaBeouf points in the direction of the left-field bleachers. “That’s where my dad had season tickets,” he says. “They cost $250 for the whole year.” LaBeouf used to live about a mile from here. When he was a small boy, he and his parents would dress up like clowns and sell hot dogs in the park across the street from their apartment.

Now LaBeouf has season tickets behind home plate, three rows back from the owners’ box. “I used to look at these seats from over there and go, ‘That’s crazy, bro.’ It didn’t seem realistic to go from there to here. These people looked like aliens.” I ask if anybody recognizes him when he comes to the games now. “No, never,” he says. “They just think I’m a character.”

But as I follow LaBeouf into the Dugout Club, where elite ticket holders get to eat steak dinners and maybe even drink beer with the players after the game, I catch three or four people doing double takes. One attractive young brunette in a white hoodie is doing everything in her power to catch his eye. She probably saw him in Disturbia, the teen take on Alfred Hitchcock’s Rear Window, which spent three weeks in the No. 1 box-office spot this spring. Or maybe it was on Saturday Night Live, which he hosted in April. Or the trailer to Transformers, or a pro­mo for Surf’s Up, the animated penguin movie. She may even have read that he’s been cast in the fourth installment of Steven Spielberg’s Indiana Jones franchise.

Before the game, a Dodgers representative seeks out LaBeouf and presents him with a signed jersey from his favorite player, 24-year-old catcher Russell Martin. It’s an early birthday gift for LaBeouf, who will turn 21 on June 11 but says he won’t celebrate with the customary booze-a-thon. “I won’t have a sip until after Indy,” he vows. “People say, ‘What are you doing for your 21st birthday, Shia?,’ and I’m like, ‘I’m making an Indiana Jones movie.’ What’s better than that?”

The girl in the hoodie keeps eyeing him, but LaBeouf isn’t interested. He comes here to watch baseball and forget about movies for a night. “Down in front!” he shouts at two fans who are blocking his view of Martin, who is relatively unknown outside of L.A. despite leading the league’s catchers in runs, hits, stolen bases, and runs batted in. “Look at that,” LaBeouf says as the statistics flash on the screen. “This guy’s a star.”

So is LaBeouf, who soon finds himself signing autographs for three fans and having his picture taken with a fourth. When that one leaves, he slumps down in his seat. “It’s changing, man,” he says, “and it’s fucking with my head.”

Ever since Disturbia paid for itself with a $22 million opening weekend, there’s been talk that Shia LaBeouf might just be the next big thing. (The name’s pro­nounced shy-a La-buff.) His charisma helped the movie survive the inevitable Hitchcock comparisons, which is how director D. J. Caruso planned it: “I basically said, ‘I want John Cusack. Girls will like him because he’s smart and witty and gets cuter the more you watch him, and also guys like him because he’s cool and he can be dangerous.’ Shia was perfect.”

Caruso sent LaBeouf’s audition tape to his friend Steven Spielberg, one of the film’s executive producers. “Steven loved it,” Caruso says, enough so that he had LaBeouf read for another DreamWorks picture: Trans­formers, the $145 million summer blockbuster from director Michael Bay. Again, he nailed the leading role—this time as Sam Witwicky, who teams up with an 18-wheeler named Optimus Prime to save the earth from invading Decepticons. “The girls in my office were like, ‘He’s not that cute. Don’t hire him,’ ” says Bay. “They just wanted a hunk in the movie. And I said, ‘Ladies, watch the audition tape.’ They saw the tape and instantly went, ‘Oh my God, he’s great. He’s so funny.’ And that’s what it is. It’s just charm.” If Transformers, which opens this month, performs as expected, it will be LaBeouf’s second No. 1 movie this year.

After Disturbia and Transformers, Spielberg was ready to add LaBeouf to his all-star team. Based on an idea by George Lucas and starring Harrison Ford, the Indiana Jones trilogy—beginning with 1981’s Raiders of the Lost Ark and ending, or so it seemed, with 1989’s Indiana Jones and the Last Crusade—is one of Spielberg’s signature creations, on a par with Jaws and E.T. Last winter, he finalized his plan for a new sequel, featuring LaBeouf. “I think what Steven really likes about Shia is his endearing quality,” Caruso says. “He calls it a Tom Hanks quality, where he’s this great actor and you want to root for him.”

LaBeouf shrugs this off, saying he gets compared to “any dark-haired actor who wasn’t an Adonis, basically: Tom Hanks, John Cusack, Dustin Hoffman. It has nothing to do with performance; it’s just a visual categorization.” But Jon Voight, who has acted with LaBeouf in the 2003 Disney hit Holes and in Transformers, thinks the analogy fits: “There’s never another one of these unique guys, but he’s a unique guy that is going to have a long career. Why do people say Tom Hanks? Because Tom is not a standard leading man, or doesn’t seem to be. He has great charm, great humor, and he’s a real actor. And all those things would describe Shia as well.”

O.K., but there are thousands of talented actors in L.A., many of them a lot handsomer than LaBeouf. Why has DreamWorks made him, as Caruso puts it, “their Mickey Mouse”? The answer may lie in his unique upbringing. “His dad basically was a grifter,” Caruso says. “His mom is this really cool hippie. This is a guy who from a very young age was basically the father figure in his own life and took care of his mother. He was an old soul at age 19.”

On the inside of his left wrist, LaBeouf has a tattoo that reads, “1986–2004.” Those are the years of his childhood, until he turned 18. “It’s a reminder,” he says. “A lot of people who were on shows when they were younger say, ‘Oh, man, I worked my whole life. I forgot my childhood.’ ”

He grew up in Echo Park, a mostly Latino neighborhood near downtown L.A., living with his parents and a rotating cast of lodgers in a first-floor apartment on Glendale Boulevard. His French Cajun father, Jeffrey LaBeouf, was a clown from San Francisco who had spent time in France studying commedia dell’arte. “This was before Cirque du Soleil came here,” says Shia, “so there was still the pop clown—like the Britney Spears of clowns—and then there was the Mötley Crüe of clowns. My dad was that. He opened for the Doobie Brothers. He trained a chicken to jump through a hoop of fire. He was a stand-up comic for a while, and a rodeo clown.”

He was also a drug trafficker, according to his son. “He had friends from the military who had helicopters, and they’d be in Hawaii cropping [marijuana] in areas that were uncharted,” says LaBeouf. “And in L.A. he did the same thing, but he did it on the sides of freeways. He’d pull up in his Camaro, collect the weed, and put it in the trunk. That was a day with my dad.”

Shia’s mother, Shayna, was a former ballet dancer from New York who had studied with Martha Graham and once ran a head shop across the street from Tompkins Square Park. Her father—Shia’s namesake—had escaped from the Nazis in Poland and moved to the Lower East Side, where he was a barber and did stand-up comedy on the side. “My mom is the backbone not just of my family but of many families,” LaBeouf says. “She’s extraordinarily spiritual. She’s the woman in the tribe that people go to when shit’s fucked up, because she’s dealt with so many wild things in her life and been so stable.” One of those things was her husband’s spiraling drug habit. “It wasn’t that he was a bad father, because he was a great father,” LaBeouf says. “I couldn’t have wished for a better father, especially for what I’m doing now. But at the time, the party never stopped for him.”

LaBeouf continues, “He took a hotel cart—you know, what they put the soaps and stuff on—and he built a snow-cone machine, and he made this portable circus. It had snow cones and hot dogs and popcorn and cotton candy. He would dress up like a clown, and he’d have all of us dress up as clowns, and we’d go into Echo Park and sell hot dogs.”

If that sounds a little like child abuse, it’s no worse than what happened to Buster Keaton, whose vaudevillian parents used to toss him around the stage by a suitcase handle attached to his back. “There’s a lot of actors like that,” LaBeouf says. “The best don’t come from the suburbs. The best come from the street, the bottom of the barrel. At least my favorites do. It’s something you can draw on.”

If the family didn’t sell the day’s hot dogs, guess what was for dinner. “I can’t tell you how many hot dogs I’ve eaten in my life,” he says. “We had these inventive ways of making them. It looked like Wolfgang Puck, but it was two hot dogs.”

When Shia was five, the family moved to Tujunga, in the Crescenta Valley, which he describes as “a biker town, a town you pass on your way to someplace else.” His father checked into a veterans’ hospital, where he spent a year and a half kicking his addictions. “He was drinking heavily and probably doing other stuff,” LaBeouf remembers. “He wouldn’t do it around me back then. He would smoke weed in the house, and my mom would smoke weed, too, but people who smoke weed never turn into monsters. It’s when you start doing coke and heroin—that’ll change your personality.” Around that time, Jeffrey and Shayna split up.

On a teacher’s recommendation, Shayna arranged to have Shia bused to the 32nd Street school, a magnet school for the performing arts near U.S.C. To gain the respect of his classmates, the half-Jewish, half-Cajun boy with the funny name used his wits. “I was the comedic guy, the dude who would talk constantly and rap and make fun of people,” he says. “If you could rap, people were cool with you.”

“There was one chair in our house,” says LaBeouf’s mother. “I would sit there, and Shia would perform for me, and he would see how happy he’d make me. And I’d say, ‘You just wait, baby. One day you’re going to meet Spielberg, and he is going to love you.’ ”

Shia didn’t see much of his father in the years following his parents’ breakup, but Jeffrey did help the 10-year-old hone a stand-up routine that he says he performed in comedy clubs, including the Ice House, in Pasadena, and the Baked Potato, in Studio City. “I had to be as disgusting and vulgar as possible, with a bowl cut and suspenders. That was the shtick,” LaBeouf says. “Because you’re going into a realm where they don’t want to hear a kid tell jokes. Knock-knock is not going to work with this crowd, who’s going to see Robin Williams in the next 30 minutes.”

The idea of acting on TV came to LaBeouf after he and his mother were invited to a Fourth of July picnic in Malibu. There, he met a boy who had all the designer surfing gear he wanted. “I was 10, and my first question wasn’t ‘What do your parents do?’ My first question was ‘What do you do?’ ” he recalls. It turned out the boy was Shawn Toovey, an actor on the CBS series Dr. Quinn, Medicine Woman. When Toovey mentioned that he attended school only three hours a day, LaBeouf was hooked. “I’m going, ‘Three hours a day? That’s it? Oh my God, this is what I have to do,’ ” he says. “It wasn’t about acting. It was about: I hated school and I wanted Filas.”

LaBeouf’s mother said fine, he could be an actor, but she wasn’t going to “pimp” him. “If she was my manager and my parent, we’d have a weird relationship—half business, half family—and business always takes over every conversation. So she wouldn’t help me with it,” he says. “She wouldn’t even make calls. I was furious, because this was the only thing I wanted to do.”

LaBeouf decided to call agents himself. To get them to take him seriously, he pretended to be a middle-aged talent manager, from England. “I had this fake résumé and all this garbage material,” he recalls. “It was such a ridiculous phone call, and they knew it was a kid. I hadn’t gone through puberty. But they were interested in me because they’d never received a phone call like that.”

A cousin drove him to the offices of the Beverly Hecht Agency, where LaBeouf claims he won over agent Teresa Dahlquist with an X-rated comedy routine. Actually, Dahlquist says, he read a scene from The Adventures of Tom Sawyer. “Let me tell you about Shia,” says Dahlquist, who signed him that day and still represents him. “I absolutely adore him, [but he] never let the truth get in the way of a good story.”

In short order, LaBeouf got a part in a commercial for Kellogg’s cereal, only to find out that he couldn’t apply for a work permit, because his grades were too low. “So I started cheating,” he says. “Before that I had never even thought about cheating, because I didn’t care about school.” He also signed up for a tap class at Cal State–Northridge, where he got cast as an extra in a student film. “Now I had work,” he says. “Now I had a résumé. And then it all started happening. I started getting ER and The X-Files, and I had a work permit.”

Spivey’s Kid Brother was going to be a show about a kid who’s a stand-up comic, and the casting director, Joey Paul Jensen, knew LaBeouf from a youth program called Standing Tall Comedy Kids. “When Disney asked me to do my first list, his was the first name on that list,” Jensen says. To get him the role, however, Jensen had to test 2,600 other boys and put LaBeouf through eight auditions. By then, the title and the concept had shifted, and LaBeouf became Louis Stevens, the troublemaking youngest member of the Even Stevens clan. “All my friends thought I was a shithead, because 13-year-olds, at least where I came from, didn’t watch the Disney Channel,” he says. “You weren’t listening to Tupac’s album and then watching the Raven-Symoné show. So I was always a little bit ashamed of it. But it was my entrance, and it got me out of school, and my family didn’t have to sell hot dogs.”

Because he was a minor, LaBeouf had to have a parent on set, and Jeffrey took the job. “We stayed in a motel together,” LaBeouf says. “That’s where we became best friends. I went to A.A. meetings with him all the time.” (The experience of paying his father to take care of him was bizarre enough that Shia later worked it into a treatment for a series called Rent a Dad, which is now in development at Disney.)

“We did the show for three years, and, again, at 12, 13, what do you want to be doing in life? Having food fights, throwing pies in people’s faces, jumping in vats of chili. And I was getting to do it,” says LaBeouf, who won a Daytime Emmy in 2003. “When the show ended, I was heartbroken. My parents weren’t working, so there’s pressure now. Now you’re the workhorse. But I lucked out. My first movie wasn’t Cody Banks, it was Holes.

Based on the best-selling book by Louis Sachar, Holes stars LaBeouf as Stanley Yelnats (get it?), a congenitally unlucky adolescent who gets sent to a hellish camp for delinquents after being falsely convicted of stealing a pair of cleats. The camp’s menacing overseer is played by Jon Voight, who started feeding LaBeouf useful books to read. “That’s where the acting thing really started,” says LaBeouf. “Before that, it was a profession, a career. After I met Jon it became an art. I was 14, and he just went, ‘Let me tell you how this works, kid.’ And it still is that way. He’s my mentor.”

It’s tempting to conclude that LaBeouf was looking for a father figure and that Voight, who has long been estranged from daughter Angelina Jolie, was looking for someone to nurture. But Voight says that’s not so: “First, I’m a good father. And Shia’s not looking for a father. He has a father. He knows that he’s being placed in the category of leading man, so he’s looking to all the guys ahead of him to see what they do.” Voight adds that, when they met, LaBeouf had already developed the improvisational style that makes him a director’s dream and a screenwriter’s nightmare. “He’s an advanced performer,” says Voight.

One of the attractions of Transformers for LaBeouf, who got paid a bit less than $500,000, was the opportunity to work again with Voight. Together with co-star John Turturro, they spent their downtime discussing everything from Method acting to the Middle East. “It was one of the coolest experiences of my life, because it was so contradictory,” LaBeouf says. “One minute you’d be talking about Lee Strasberg, the next minute a car’s exploding and Mike [Bay] is screaming at you. It was great.”

After Holes came small roles in Dumb and Dumberer: When Harry Met Lloyd and Charlie’s Angels: Full Throttle. “I was going through puberty on that set—heavy,” LaBeouf says of the latter. “I spent a lot of time in my trailer.” He also got the lead in The Battle of Shaker Heights, the making of which was minutely documented on the HBO reality series Project Greenlight. Maybe it was the editing, but LaBeouf often came across to viewers as the only person on set who wasn’t a total jerk. “That’s what got Shia accepted by everyone in the industry,” says his manager, John Crosby. “We knew that if he got that show and exposed this wonderful personality to the industry it would work.”

What followed, however, was a pair of second-tier action films, I, Robot and Constantine. “The reason I did I, Robot,” says LaBeouf, “was completely for Will Smith,” who co-produced the film and played the lead. “He called my cell phone, and you can’t say no. But I was stuck on the set for eight months doing three scenes, and the character wasn’t interesting to me.” His role in Constantine wasn’t much better. “It just felt very awkward, especially because it was so similar, and there wasn’t much for me to do.”

Then LaBeouf had a run-in with tabloid infamy. By February 2005, he and his mother had moved to an apartment complex in Studio City. That month, according to The National Enquirer, the young actor was arrested after ramming a neighbor’s vehicle with a car and threatening him with a knife.

“I wasn’t even in the car that day,” LaBeouf tells me. He says his mother was pulling into their one-lane driveway when she dropped her cell phone on the floor. Honking impatiently in the car behind her was a neighbor who, LaBeouf says, “hit my mom’s bumper. Then he pushed her and threatened her.” (LaBeouf’s mother does not remember being pushed and says her memory of the incident is “fuzzy.”)

LaBeouf says the neighbor then saw him in the hallway and threatened him. “Knowing that he hit my mother, my mind just flipped out. So I grabbed a knife and went over to his house.” For backup, he took his friend and fellow actor Lorenzo Eduardo. According to LaBeouf, the neighbor opened the door and punched him, then closed the door again, presumably to call some friends who lived in the same complex; they came racing around the corner and knocked La­Beouf to the floor. “As they’re kicking me, Lorenzo runs back to my house to call the police, and when the police came I was on the floor getting jumped by six guys with a knife right next to me, and I just fessed up.” He was arrested but never charged with any crime. “It was all rage,” LaBeouf says. “I’m ashamed of it. But, you know, if your mother’s attacked…”

The Disney Channel goofball was growing up. On the set of his next movie, he met his first serious girlfriend. “God, he starts going out with the producer’s daughter,” says Bill Paxton, who directed The Greatest Game Ever Played. “I’m like, ‘Buddy, you don’t ride the working stock!’ ”

China Brezner was the daughter of Larry Brezner, and she spent two weeks on the set before starting school in Massachusetts. “Everybody knew about it,” LaBeouf admits. “Everyone, I thought, except Larry. I was trying to hide it from him.” One day LaBeouf and Elias Koteas, who played his dad, were eating lunch with the cast and crew and making sick jokes. “So Larry comes up and sees that we’re talking about having sex with cousins and how it’s not right—we’re just joking around—and he says, ‘You know, there’s two people you can’t have sex with in this world.’ And he’s saying this loud. He says, ‘You can’t have sex with cousins and you can’t have sex with producers’ daughters.’ And the whole crew is laughing. But he was cool about it, and we just fell in love.”

Eventually, China transferred to Loyola Marymount University, in Los Angeles. “We were inseparable,” LaBeouf says. “She was my best friend and my love. And then timing just started going crazy, and all the explosions started happening, and my focus became so work-related that I couldn’t devote any time to a relationship. It was unfair to her.” The films were coming fast: Dito Montiel’s A Guide to Recognizing Your Saints; Emilio Estevez’s Bobby; Disturbia; Surf’s Up; Transformers; Indiana Jones. This past spring, after three years together, LaBeouf and Brezner split up.

LaBeouf has been cast opposite some seriously beautiful women—from Amy Smart, who gave him his first big-screen kiss when he was 16, to Megan Fox, his co-star in Transformers, who calls LaBeouf “a phenomenal actor” and “the funniest person I’ve ever known.” But he says he’s never hooked up with any of them. “It’s really easy to fall for somebody on set, but in the end you know it’s a representative and it’s not really them.”

He prefers to meet girls through his friends. “There have been real innocent dates,” he says. “They haven’t been, like, ‘Come to my house and I’ll make you some food and we’ll caress and put on some D’Angelo.’ I’m not that smooth.” He’s also nowhere near being over his breakup with Brezner. “She was my first everything,” he says. “We’re both trying to rebuild. It’s like rebuilding after a tornado comes through and rips your whole shit apart.”

Does being the son of divorced parents affect his interactions with women? “That’s a good question,” he says. “I think I’m prone to not being a good guy in relationships. I’m just selfish. I have to be for what I do.”

With the windfall from his acting career, LaBeouf has set his parents up for life, enabling them to shine on like the crazy diamonds they are. “It’s satisfying to me that they don’t have to change,” he says. “I love that my dad could have lived anywhere he wants and he decided to go buy some land in Montana and build a tepee.” LaBeouf’s mother lives in Tujunga, where she makes art and manages her son’s corporation.

LaBeouf himself lives the life of a suburban middle manager, with his black Nissan Maxima, his two-bedroom house in Glendale, and his English bulldog, Brando. “I don’t like going to clubs,” he says. “If I’m gonna party, I’ll do it at my house. And to say that I’ve never had a drink or smoked weed—coming from my family—is insane. But also, I know what it does if you get out of control. I know how hard it was to get my life to where it is. There’s so much riding that those small little joys of the high are not interesting to me.”

For now, LaBeouf is pouring all his energy into Indiana Jones. When the call came from Spielberg, he had no idea what it was about. “It was just ‘Steven wants to meet you in his office at 4:30 on Thursday.’ So you got a whole week to think, Oh, fuck, what did I do now?” A half-hour into the meeting, Spielberg got to the point. “When he mentioned Indiana Jones, I was about to have a heart attack. I couldn’t breathe. And then he told me not to tell anyone. It’s like winning the Super Bowl but you can’t tell anyone you won the Super Bowl for three months!”

LaBeouf spends hours each day working with Ford and Spielberg. “Harrison is a man’s man, flying in on his helicopter,” he says. “I remember saying, ‘I’m the least likely person to be here,’ and Steven said, ‘You and me both. I never wanted to make another one of these. We ended the series perfectly.’ That scares me, as a fan and as the actor who’s doing it. But Steven said he wouldn’t have made this movie if the script wasn’t right.”

Details of that script are about as accessible as the Ark of the Covenant. But according to Internet rumors, LaBeouf will play the hero’s son in the film, said to be called Indiana Jones and the City of the Gods, and Cate Blanchett will play the villain.

The reaction to LaBeouf’s involvement was decidedly mixed on the Internet. “Even Dakota Fanning looks more manly and tough than this kid,” one commenter wrote on Ain’t It Cool News. That hurt, but LaBeouf says the skepticism could work to his advantage. “The reason Disturbia did so well is that nobody expected anything,” he says. “I think it’s even better when they expect so little, or are so energetic in their belief that you’re shit. It’s great, because now you’re starting off at a place where you can’t really get worse than they believe. The only thing you can do is get better. It fuels you.”

Driving back from the Dodgers game, LaBeouf restlessly changes the CDs on his Maxima’s sound system and talks about his plans for the future. He wants to study theater at CalArts, in Valencia, and he wants to make a movie about his friend Cage Kennylz, a white rapper whose tortured past included time spent as a test subject for Prozac.

“I want to do something really dark after Indy, and that seems dark enough, like a Raging Bull of hip-hop,” he says. “You can’t get bigger than Indy—it’s impossible. So the only thing you can do is a character piece after that.”

But first he needs to come through for Spielberg, who is said to be developing another project for him already. It’s a lot of pressure, LaBeouf says, “but that’s the way I want it, man. I prayed for this pressure. This is willed.”

He’s So Money


Written by Siobhan on June 23 2026

Action-hero wonder boy Shia LaBeouf has put aside childish things—the late-night car wrecks, the weaving around Hollywood nightspots for the pleasure of TMZ—and gotten serious about his career. You might even say a little obsessive. Hence, his intense turn as a stock-possessed trader in this month’s Wall Street sequel. And what should a guy like that wear? Clean, trim suits like these that no one would ever mistake for Gordon Gekko’s

When Shia LaBeouf flipped his Ford F-150 at the intersection of La Brea and Fountain, the last thing on his mind was the price of soybeans. That was in 2008, before he discovered soybean futures and the redemptive powers of free-market capitalism, when Shia LaBeouf was just your regular 22-year-old Spielberg-anointed former child actor who graduated from prepubescent Disney Channel comedies to blowing up robots and making out with Megan Fox for a living. Then he wrecked his truck—at 3 A.M., with someone else’s girlfriend in the passenger seat—and nearly screwed it all up. The cops smelled alcohol on his breath, and the snickering blogs smelled fresh-faced Hollywood flameout. It’s all so familiar, as pat and predictable as anything this town is capable of churning out. So you can be forgiven for not giving a shit about that old Shia LaBeouf, because the old Shia LaBeouf didn’t really give a shit about himself, either. “I don’t know that I respected myself then,” he says of life before the crash. “I wasn’t really appreciating things.”

The standard rich-and-famous contract comes with many fine provisions—power, money, girls—but not much in the way of perspective. After the accident, Shia was in a dark lonely place. He was spotted wandering around his neighborhood wearing a paper bag over his head and a plastic bag wrapped around the hand he’d mangled in the wreck. “Until recently, time off has been a very dangerous period for me,” he says. “Because it’s like, my God, I can have anything? Really?”

What he has now is a chili-cheese dog and a story to tell. We’re somewhere in Sherman Oaks, in the Valley, sitting on wooden bleachers outside a hot-dog shack called the Infield. He’s dressed to go unnoticed, in a denim jacket, T-shirt, and Transformers cap pulled low over sleepy eyes.

“I’m not some AA angel preaching bullshit,” he says, “but I have changed.”

When he regained consciousness the morning after the crash, Shia found his father and Jon Voight (whom he’d grown close to on the set of his first movie, Holes) sitting by his hospital bed. “You’re hooked up onto this heroin bag,” he says, “and you’ve got Jon Voight _Coming Home_ing it in the room, arguing about John McCain with your father, who’s tripping out. I had two weeks before I had to get back to work on Transformers 2. Two weeks of sitting in that hospital room thinking: Fuck. I’d be watching the news, and they’d play my car crash, and every once in a while Kim Kardashian’s sister would jump on TV and preach to me from the red carpet about how to live my fucking life. And I’m so upset, man. I’m so angry. Because this accident was not caused by me. I got hit. I had a green. This fucker ran a red light. And he flipped my truck, and he shoveled it on my hand. And my fingers are in the street…”

Your fingers are in the—?

“They’re in the street, they’re off, they’re under the truck door, man. This is fake, dude,” he says, lifting his newly reconstructed hand. “This is hip bone and the skin that was left over. Let me show you.”

He peels off a bandage that looks like a beer cozy made for a fake finger and bangs it hard against the bench. His middle finger looks and feels like a bent twig wrapped in tight rubber, and it sounds like a pencil drummed against a school desk. Shia’s ring finger has a long dark scar running down the length of it.

“The thing is, all the bad things that have happened to me have been self-inflicted,” Shia says. He drops some French fries, retrieves them from the filthy hot-dog-stand floor, eats them, continues to talk.

“Nobody’s caused me harm. It’s always been me in destruction-derby mode. Yes, I was drinking, and yes, I said no to the Breathalyzer—though I never got charged with drunk driving. Bad luck, bad thinking, bad actions, bad situation. But it’s something that had to happen to me.”

Unlike his hand, his Ford couldn’t be salvaged, but he held on to the truck’s door that had crushed his fingers. It’s now mounted at his dad’s house as a memento mori.

He says it stands as a reminder. “It’s the wow-how-quick-it-disappears door. It’s the wake-up door.”

But wake up and do…what exactly?

For a while he was at loose ends, lost, and losing his mind little by little. He’d been a working actor for more than a decade. He’d survived his what-does-it-all-mean brush with mortality. What he needed now was something to care about. So when Oliver Stone called, Shia figured he’d found not just a challenging role but a lifeline.

“I knew the meeting had to be about Wall Street,” Shia explains. “So I go down to the Schwab office in Encino. I can’t drive, so I walk three miles down that way—” He uses a chili-cheese dog, his second, to point west on Ventura. He showed up without an appointment, told the receptionist he needed to prepare himself for the Wall Street sequel, and asked to see someone who could teach him everything he needed to know about finance—which was everything—and as soon as possible, please.

They sent him to financial consultant Osman Khan. “Brilliant guy,” Shia says. Some time later, Shia got his hands on a prep handbook for the Series 7 exam that, he says, “became my bible.”

That afternoon, he gave Khan twenty grand to open an account, and he’s been trading ever since. “It’s still my favorite hobby,” Shia says. “I trade in my bors now. I’m up early for the markets. I’m real-time all day long.” He loves the game and the thrill and the nerves of the market; and the market, it seems, loves him right back. As of the morning of our lunch, Shia says his online Schwab Active Trading account had grown to close to $450,000.*

Shia’s call to capitalism came just when he was looking for something to throw himself into. He didn’t need a job. Jobs he’d had since age 11, when he started doing stand-up in comedy clubs to burn energy and earn a little cash. At 14 he landed a gig on the Disney show Even Stevens and was supporting his family before he was shaving. He charmed his way through such disparate stuff as Will Smith’s I, Robot and the Project Greenlight-incubated The Battle of Shaker Heights. Then Steven Spielberg bestowed on him career-making roles in DreamWorks’ Disturbia and Michael Bay’s billion-dollar Transformers franchise, and finally the part of sidekick/son of Indiana Jones himself. Somehow Shia had glided over the awkward years and made that rare smooth transition from likable dork to bankable Everydude. In Oliver Stone, he found a director who could take him on, engage him psychologically, and push him to the place he felt he needed to go.

To inhabit the role of Jake Moore, the hedge-fund trader engaged to Gordon Gekko’s daughter and the upstart at the center of Wall Street: Money Never Sleeps, Shia moved to New York with his Series 7 textbook in his backpack. “I cleared my life to make this movie,” he says now. “My past life did not follow me to New York. I created a whole new existence.” He shaved, bought a suit, embedded himself on trading floors, and talked to everyone he could. His tutors in this new world were power players like James Chanos, the billionaire short-seller who called the Enron collapse; John Paulson, who made billions on the subprime-mortgage crash; and Nouriel Roubini, the NYU economist affectionately known as Dr. Doom. Much has changed since the Wall Street of the first movie. The stakes, as the world has been so rudely reminded, are exponentially higher now. There’s a new breed of greed, representing far more money than Gordon Gekko ever dreamed of wringing out of poor BlueStar Airlines.

The Street, or what was left of it, was ready for its sequel.

John Thomas financial is a brokerage firm you’ve probably never heard of. Tommy Belesis, the company’s dapper and gregarious CEO, looks like Lex Luthor in pinstripes and runs a high-energy ship of 300 traders. There’s a life-imitating-the-’80s quality to Belesis’s work environment. “We have 43,000 square feet,” he says. “You walk in here, and there are guys in three-piece suits, no-facial-hair policy, everyone looking professional, on the phones from six in the morning until ten at night—a real trading floor similar to what it was when they did the first Wall Street.” Belesis figures he has hired and trained close to a thousand traders over the years. He claims that Shia is a natural. “I’d absolutely hire him and seat him right next to me,” he says. “He’d be a top trader. ”

Shia knew that learning the business was the only way to make himself credible. “The most important thing with these guys is confidence,” he says. “And as an actor, when you’re going heads-up with the biggest dudes around, then the only way for me to get that self-confidence was to become more astute than anybody else on-set.”

“He went beyond the pale, so to speak,” Stone says of his star’s will to learn. “Most actors sort of let it go after they start shooting, but even on his off days he would go back to the trading firms. It was a treat to have that young energy there, that hunger to make movies.”

“I’d never seen anything like this shit,” Shia says of the trading floors, the money, the personalities involved. “I thought my life was pretty wild. I’m Richie Rich. I land in New York, secretly thinking I’m like the coolest guy in the world. I’ve been on the cover of GQ! But then I met these guys, and it’s humbling. It’s the most sex-drugs-and-rock-‘n’-roll atmosphere that exists on the planet. I was hanging out with some wild human beings.” At some of the firms where he did research, he found himself remarkably close to the action. “I was sitting right next to guys on a Tuesday, trading a million dollars, and on Friday they got arrested for wild things.”

If there are trading desks in lower Manhattan manned by aging dudes who modeled their careers after Wall Street, then for three months of shooting last summer the same territory was occupied by a troupe of seasoned actors trying to will themselves into the hearts and minds of actual Wall Street players. Between takes Shia and Oliver debated the value of gold. Shia and Josh Brolin, who plays sinister hedge-fund manager Bretton James, traded tips and insults and daily PL reports. “Every night on top of rehearsals and script work, on top of my personal trading, I’ve got Brolin talking mad trash via text, psychological shit. We’d pop off at each other all the time. He would say, ‘What the fuck do you know? You were in Transformers.’ ”

The goal wasn’t to turn actors into day traders but to bypass easy stereotypes—the cutthroat capitalists, the greed-is-good Gekkos—and, by close examination, create a fuller, more compelling portrait of a broken system. For all his reputation as a stoker of controversy, over the years Oliver Stone has shown extraordinary skill in putting a granular, emotional, human face on charged moments of history. Which helps explain why Shia hasn’t fallen in line with the current vogue for populist rage against the financial sector and its excesses. “It’s easy to villainize these guys with the big paychecks,” he says. “But they’re not all bad. I’m a pretty left-wing character, and I come from whatever collar is lower than blue. But meeting these guys really opened my mind a lot. I’ve never seen people with more drive and determination in my life.”

“He is a doctor of human manipulation,” Shia says of Oliver Stone. He means it as a compliment.

What’s required of an actor on an Oliver Stone set isn’t quite acting, at least not as it’s commonly understood. Rather, the point is to let Oliver Stone push and shape and needle you by whatever means necessary so that he can capture on-camera the emotions, the human show, he’s looking for.

“One of the first things you do with Oliver,” Shia says, “is you start talking about your personal life. You give it all to him at the beginning, and then he has these strings with which he can fuck with you. He regurgitates this stuff at inopportune moments. He will just come up and whisper a phrase in your ear, sing a song, mention something about your dad, and—pow!—it puts you in a different world.”

“We’d be on the street, and Oliver would just say, ‘Go to that bar, get fucked-up, and come back.’ I’d walk over, get smashed, and go back to work. He would really fuck with me when I was smashed. I get aggressive when I’m smashed, and he’d film that. He would just open you up completely, make you fucking naked—and then call, ‘Action.’ ”

Michael Douglas arrived on-set already opened up by real-life trauma. His firstborn son, Cameron, had been arrested for trafficking cocaine and crystal meth and faces a long prison term. “Michael Douglas was an open wound on the set,” Shia says. “That dude is in pain. He was emotional putty on the set. A struggling man. We filmed a struggling man.”

This time around, Douglas’s character, Gekko, finds himself less a master of the universe than a stranger, fresh from prison and shunned by his daughter, Winnie, played by the British actress Carey Mulligan, whom Shia is now dating.

Stone and Douglas wrestled all the time on-set, says Shia. “That is their process. They fucking go at it like rams, all day long, every day. They know that they feed off each other in a way that they don’t get with anybody else they work with, but they fucking hate each other.”

The reason it all works, Shia figures, what allows these people to operate together at this collectively heightened, emotionally raw state for such a period of time, is the confidence that the director is not going home until he gets his version of the truth. “That does something to your mind,” Shia says. “I’ve never been so confident in my life, coming out of the darkest moment in my life. I’ve experienced things I’ve never seen on a set before. Finishing a scene and having the entire crew clap. We were making Godfather II out there. That takes a director with unwavering discipline, the balls and the wherewithal to shut everybody the fuck up and go after a vision. To micromanage everybody’s insanity to accomplish one goal.”

“Did you talk to Oliver?” Shia asks, almost shyly. “What did he say?”

He said you had a “nuclear energy,” I tell him.

“You feel that nuclear energy right now?” He squints at me with a halfhearted, goofy hard-guy look. “Shia’s in that tender, beautiful moment,” Stone told me, “where he’s growing out of the home and into his own life. He’s a complicated individual. There’s a lot of clay there to work with. He’s not simple. You pay a price if you go to work at 13. There are things you can use that are just rich, including sadness and pain.”

Back in Sherman Oaks, Shia is debating the wisdom of a fourth hot dog but decides against it. “When the oil starts to seep out of the cheese,” he explains, “I’m out.”

We walk across the street to the Up in Smoke Hookah Lounge, mostly because it is there and empty. Shia is training for a marathon and prepping for the physical stress of a third Transformers, which will begin shooting in a couple of months. He’s up to fifteen miles and has given up cigarettes, but some grape-plum hookah smoke doesn’t strike him as a problem. I ask him if he and Stone hit it off from the start.

“There’s a testing period,” Shia says.

What’s he looking for?

“A man.”

For Shia the question now is where to point that electric energy next, what to do with his postcrash wisdom. Though he’s careful to avoid saying anything disparaging about the prospect of filming another Transformers, it’s clear that it’s something of a comedown after the all-in psychological engagement of Wall Street.

Transformers is my last corporate obligation,” he says. The experience of filming the two movies could hardly be more different. “With Mike [Transformers director Michael Bay] it’s like a Groundlings improv ercise in the middle of a volcano.” He’s looking forward to it, but he’s apprehensive about returning to a role that he says is more athlete than actor. After that—who knows? “I’m not going to work for money, because I’m rich, so there’s no point. Now I just get to have fun. I get to make movies that I’m really hungry to make.”

One project he was hungry to do—one that he thought was set but then fell apart—is The Promised Land, which was reportedly to star Shia and Ryan Gosling and was to be directed by The Road director John Hillcoat. Nick Cave wrote the script, which, as Shia puts it, “is about a bunch of drunks and illicit liquor dealing—GoodFellas in the woods.”

Shia’s disappointment over the unraveling of the project led to a break with his agents at William Morris Endeavor, and for a while he announced he’d go agentless. He eventually came in from the cold and signed on with CAA. Still, he says, he refuses to make the rounds of studio meetings where shit scripts are peddled as gold and good ones go unmade. He recalls a pitch meeting at Paramount. “I’m there with my manager and the head of the studio, the head of production, heads of marketing. It’s a business meeting, and the proposed idea is something called Fuck Buddies. You could lose your mind.”

He goes to fewer pitch meetings these days. Instead, he and Emile Hirsch are reading plays in Emile’s living room, looking for a theater project to try. He’s happier and feeling saner than he was a year ago, and this is due in part to his comfortable relationship with Carey Mulligan, though he’d prefer not to talk about it if he can. “I never really had anything in my life that was off-limits,” he says, visibly trying to control his natural inclination to share, to think out loud, to let his voice run free. “But with this, just out of respect, I just don’t want to fuck around. She’s an unbelievably thought-provoking actress, the most talented actress I’ve ever met in my life, by leaps and bounds. Neither one of us are fame whores. It works out. It’s not like we’re the premiere couple; we’re not the red-carpet king and queen.”

The hookah guy refills the pipe and leans in to mention that there’s a black BMW SUV parked across the street, inside of which is a guy taking pictures of the back of Shia’s head.

Part of Shia’s new trouble-avoidance plan means breaking ties with the old anti-Hollywood crew he used to run with. “My war stories are crazy, man,” Shia says. “We’d just go to house parties and get in brawls. That was my crowd, this Valley Armenian gang-ridden Toonerville-Mexican-Mafia thing. But there’s no way I could hang out with the same people and sustain this path. I’m not willing to trade in feeding my family for fuck-around time with Joey the head case.”

Not that he’s gone soft. I mention that the photographer is still parked across the street, lurking, snapping photos. “Should we go over and do the rest of the interview in his car?” Shia suggests.

So we do; we run across traffic on Ventura, and before the photographer can pull away we slip into the backseat of the BMW. He’s a lumpy, awkward man with gigantic camera lenses filling the car. He works for a British outfit called Splash and admits that he’d been following Carey Mulligan all day. “Your girlfriend went to the gym this morning, and I was hoping she’d show up here.” So much for the sanctity of their private lives.

“You ever feel like a weirdo?” Shia asks, riled but doing his best to stay calm, like someone struggling to remember his mantra.

Shia says he needed something drastic, the violent shake-up of a car accident, to deliver him to a mellower place.

“I don’t think I would have got here otherwise,” he says of the wreck and the work that followed. “You have to be a genius to learn from other people’s mistakes, and I’m not one of those guys. I’m just not one of those guys.”

*Naturally, we were skeptical of this, but we’re far too principled to ask Osman Khan to fax us Shia’s account statement. Still, the anecdotal evidence is compelling. When I mentioned to a casting-agent friend in New York that I was profiling Shia for the magazine, she announced, unprompted: “I’ve never met him, but I love Shia. His manager is a friend of mine and called me to tell me Shia was hot on a stock and we had to buy it now. Then he called back when Shia said to sell. I made $10,000 on that stock. I love that kid.” Here are a few of Shia’s recommendations: Buy Apple before it splits, and grow some balls and short gold at 120. After our interview, he texted me: “Oil will rally rest of year. Look at IOC. IOC’s momentum is major, and it will surprise to the upside.”

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