Actor Michael Douglas will receive the Honorary Palme d'Or at the Cannes Film Festival. The award will be presented during the opening ceremony that will take place on May 16.
This award has been granted on previous occasions to film personalities such as Forest Whitaker, Agnès Varda, Jean-Pierre Léaud, Jodie Foster or Manoel de Oliveira. Michael Douglas won the Oscar for Best Actor for his portrayal of Gordon Gekko in 'Wall Street'