California Governor Arnold Schwarzenegger holds a Google phone displaying a podcast of German Chancellor Angela Merkel
IN PHOTO: California Governor Arnold Schwarzenegger holds a Google phone displaying a podcast of German Chancellor Angela Merkel, at the booth of Vodafone during the opening tour of the CeBIT computer fair in Hanover March 3, 2009. REUTERS/Hannibal Hanschke

Patrick, Arnold Schwarzenegger’s son, has got his first movie role in “Midnight Sun.” Arnold has given his son some advice related to money.

Patrick studied at USC and he studied business. However, he is trying his hands in acting and Arnold feels that the two things are related to each other.

“This whole idea of him going to USC to study business and economics is because he wanted to be an entrepreneur,” Arnold said to ET Online. He added that his son Patrick knew that his dad has taken care of his own money in the Hollywood business. He stated that he never had a business manager to handle his funds.

“I've never had a business manager and I'm the only one in entertainment that never lost any money. He wants to make sure he's falling in the same category of 'let's worry about how much money we make and also how much money we keep.” Arnold said that he is proud of Patrick and he is doing great. He also stated that he is proud of his daughters too. The veteran actor added that his children are hardworking and passionate about things they are into.

Meanwhile, Arnold talked to Howard Stern on his radio show about his divorce from Maria Shriver in 2011. He stated that his divorce was his life’s worst period.

Arnold shared that he had setbacks, but this was the “biggest failure” and “biggest setback.” During the interview, Arnold stated that Shriver asked her to go for therapy, but it didn’t work out for him.

He called the therapy as the “biggest mistake” he ever made. For the actor, it was counterproductive.

Meanwhile, Arnold said that his children are “a straight 10.” He mentioned that he is proud of them and in love with them.

Arnold will be seen in “Terminator Genisys” that is set to open on July 1.

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