Michael Douglas attends the Governors Ball following the 84th Academy Awards ceremony held at Hollywood & Highland on February 26, 2012. Douglas was a presenter at the Oscar show; he handed out the Best Director Oscar to The Artist's Michel Hazanavicius. (Photo: Darren Decker / ©A.M.P.A.S.)
Michael Douglas has been nominated for — and won — two Academy Awards: He and Saul Zaentz co-produced Milos Forman's 1975 Best Picture winner One Flew Over the Cuckoo's Nest; in early 1988, he won a Best Actor Oscar for Oliver Stone's Wall Street, also featuring Charlie Sheen, Darryl Hannah, Sean Young (who had an altercation with a security guard outside this year's Governors Ball), Hal Holbrook, and Terence Stamp. Douglas is one of the relatively few Best Actor winners to have had (to date) only one Oscar nomination in the acting categories.
Douglas' father, Kirk Douglas, was nominated for three Best Actor Oscars: Mark Robson's Champion (1949), with Marilyn Maxwell; Vincente Minnelli's The Bad and the Beautiful (1952), with Lana Turner; and Minnelli's Lust for Life (1956), opposite Best Supporting Actor winner Anthony Quinn.