The Last Tycoon | Through the Shattered Lens

When fans of Hong Kong cinema think of high-quality film craftsmanship, the name Wong Jing doesn’t immediately come to mind. Sure, he directed one of my all-time favorite films, GOD OF GAMBLERS (1989), and he’s had his share of box office success over the years, but he’s also churned out a lot of crap. His name is not often the stamp of quality on a film production, but there’s something about working with Chow Yun-Fat that will sometimes bring out his best.

THE LAST TYCOON tells the story of Shanghai crime boss Cheng Daqi, portrayed here in two separate timelines by actor Huang Xiaoming in his younger years, and by the legendary Chow Yun-Fat in his older years. When we meet young Cheng, he seems like an awfully nice guy and then fate places him in a jail cell with the shady Mao Zai (Francis Ng). To escape and save his own life, and with a little help from Mao, Cheng commits his first murder. Forced to flee, Cheng aligns himself with a gang led by Hong Shouting (Sammo Hung). A natural leader, and as badass as it gets, Cheng rises rapidly in the ranks. The narrative isn’t as straight forward as this sounds so far, because it leaps frequently back and forth between younger Cheng and older Cheng. When the film finally settles in with Chow Yun-Fat for its latter half, we have seen how Cheng rose to become one of the most powerful men in Shanghai. We also understand how he has found himself in an extremely difficult wartime position with the Japanese that will test his loyalty to his country, as well as to the people he loves.

Right out of the gate, I want to give kudos to Wong Jing for putting together a highly entertaining film, set against an incredible 30-year backdrop of historical Shanghai! I don’t mention it in the summary above, but THE LAST TYCOON finds time to feature an abundance of romance between Cheng and the two loves of his life. We’re talking about grand melodrama done right, offset periodically with awesome action sequences, whether they be hand-to-blade street brawls, heroic bloodshed shoot-outs, or explosive wartime bombing raids. The emotions and the blood flow very strongly in this one!

The role of Cheng Daqi fits Chow Yun-Fat like a glove. He emotes early and often, and when he takes a break from that, it’s usually to pick up a pistol that he’s able to wield with maximum precision and efficiency. For a long-time fan like me, it’s high-quality fan service that fits seamlessly into the pulpiness of the story. As the younger version of Cheng, Huang Xiaoming does a fine job with the romance and the action. It seems perfectly natural that he’d eventually turn into the legend. Huang gets a lot of screentime, and without his solid portrayal, I don’t think the film would have worked nearly as well.

I did want to mention some of the notable supporting performances in THE LAST TYCOON. Veteran Francis Ng is as reliable as ever as we see his character go from a mystery lifesaver at the beginning to an evil villain by the end. The role may be underdeveloped, but Ng makes it work. I’m going to be looking for more from actor Gao Hu, who’s a total badass in his role as Cheng’s loyal soldier Lin Huai. Present over the entire 30-year timeline of the film, the man’s expert switchblade skills and gun-handling abilities are crucial to Cheng’s safety! Yolanda Yuan and Monica Mok are very good as the two women in Cheng’s life. They are very different, but it’s easy to see why he loves them both, and I think the movie ultimately gets the ending right where the romance is concerned. Finally, I did want to mention that I was somewhat disappointed in the character of Hong Shouting, played by the legendary Sammo Hung. Even though he was a powerful boss, I don’t think he comes across very strongly in the film. For someone of his stature, I see this as one of the few missteps from writer / director Wong Jing.

Small quibbles aside, I recommend THE LAST TYCOON without any reservations. Fans of Chow Yun-Fat and Hong Kong cinema can’t go wrong!

THE LAST TYCOON is currently available for streaming on Amazon Prime, Tubi, PlutoTV, and Plex.

Based on the final (and unfinished) novel by F. Scott Fitzgerald, 1976’s The Last Tycoon tells the story of Monroe Stahr (Robert De Niro).

Monroe Stahr is the head of production at a film studio during the early days of Hollywood. Stahr is an unemotional and seemingly repressed man who only shows enthusiasm when he’s talking about movies. He may not be able to deal with real people but he instinctively knows what they want to see on the big screen. Stahr is a genius but he’s working himself to death, ignoring his health concerns while trying to create the perfect world through film. He’s haunted by a lost love and when he meets Kathleen Moore (Ingrid Boulting, giving a remarkably dull performance), he tries to find love with her but, naturally, he doesn’t succeed. Meanwhile, he has to deal with his boss (Robert Mitchum), his boss’s daughter (Theresa Russell), a neurotic screenwriter (Donald Pleasence), an impotent actor (Tony Curtis), and a lowdown dirty communist labor organizer (Jack Nicholson)! Sadly, for Stahr, McCarthyism is still a few decades away.

There’s a lot of talented people in The Last Tycoon and it’s undeniably interesting to see old school stars — like Mitchum, Curtis, Dana Andrews, Ray Milland — acting opposite a Method-driven, 30-something Robert De Niro. This is one of those films where even the minor roles are filled with name actors. John Carradine plays a tour guide. Jeff Corey plays a doctor. This is a film about Golden Age Hollywood that is full of Golden Age survivors. It’s a shame that most of them don’t get much to do. The Last Tycoon is a very episodic film as Stahr goes from one crisis to another. Characters show up and then just kind of disappear and we’re never quite sure how Stahr feels about any of them or how their existence really shapes Stahr’s worldview. Robert De Niro may be a great actor but, as portrayed in this film, Monroe Stahr is a boring character and De Niro’s trademark tight-lipped intensity just makes Stahr seem like someone who doesn’t have much to offer beyond employment. This is one of De Niro’s least interesting performances, mostly because he’s playing a not-particularly interesting person. Mitchum, Pleasence, and the old guard all make an impression because they’re willing to coast by on their bigger-than-life personalities. De Niro is trapped by the Method and a total lack of chemistry with co-star Ingrid Boulting.

Still, this is the only film to feature both De Niro and Jack Nicholson. (The Departed was originally conceived as a chance to bring De Niro and Nicholson together, with De Niro being the original choice for the role eventually played by Martin Sheen.) Nicholson’s role is small and he doesn’t show up until the film is nearly over. He and De Niro have an intense table tennis match. Nicholson doesn’t really dig deep into Brimmer’s character. Instead, he flashes his grin and let’s the natural sarcasm of his voice carry the scene. It’s nowhere close to being as emotionally satisfying as the De Niro/Pacino meeting in Heat. That said, Jack Nicholson at least appears to be enjoying himself. His natural charisma makes his role seem bigger than it actually is.

Why was The Last Tycoon such a disappointment? Though unfinished, the book still featured some of Fitzgerald’s best work and there’s a huge amount of talent involved in this film. The blame mostly falls on Elia Kazan, who came out of retirement to direct the film after original director Mike Nichols left the project. (Nichols reportedly objected to casting De Niro as Stahr. While it’s tempting to think that Nichols realized that De Niro’s intense style wouldn’t be right for the role, it actually appears that Nichols and De Niro sincerely disliked each other as Nichols also abandoned the next film he was hired to direct when he was told that De Niro wanted the lead role. Nichols choice for Monroe Stahr was Dustin Hoffman, which actually would have worked. If nothing else, it would have provided a Graduate reunion.) Kazan later said that he did the film solely for the money and it’s obvious that he didn’t really care much about the film’s story. The film has some good scenes but, overall, it feels disjointed and uneven. Kazan doesn’t really seem to care about Monroe Stahr and, as a result, the entire film falls flat.

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