The Wall Street legend's mother, Diana Dill, divorced the actor's dad, Kirk Douglas, in 1951 and went on to marry Bill Darrid.
He became a strong father figure for Michael as a teenager - and the 66 year old is sure his mother's newfound love renewed his belief in marriage.
Douglas tells Britain's The Guardian, "I was really blessed that my mother remarried a great, great guy. Step-parents never get enough credit. You know, it's always the wicked stepmother or stepfather but the truth is, there are so many more step-parents who have assumed the responsibility of raising kids that are not theirs and I was really lucky.
"He was my surrogate father from when I was 12 up until adulthood. Kirk would be the first one to acknowledge that. He was a great listener, which is a tough thing to find, and I got to watch a lovely marriage - so it reaffirmed and reassured me that marriages can work."
Darrid died in 1992 and Dill went on to remarry in 2002.
The veteran actor was 27 years old when he and then-wife Diana Dill welcomed Michael in 1944 and Kirk's film career kicked off shortly afterwards.
And Michael admits he was overwhelmed seeing his father working on such massive movies.
He tells Britain's The Guardian, "Kirk's career was constant, overwhelming - the guy didn't stop. Back then they were doing five movies a year. My father did 90-plus films. He was Spartacus!
"I always admired his tenacity and stamina but he was intimidating to me as a child. Like a lot of actors, he was consumed with ambition and his career."
Veteran movie icon Douglas will be present to hand the accolade to Ford at a black-tie gala on 19 November (10).
He says, "I’m delighted to give this award to Harrison Ford. It’s always a pleasure to honour these young actors who do so well."
The organisers will be hoping Ford can show up for his big moment after he was forced to pull out of an Operation Smile charity dinner held in his honour on Friday (24Sep10) - his new bride Calista Flockhart stepped in and accepted the award on his behalf.
The veteran star has been undergoing intensive chemotherapy and radiation treatment for throat cancer following his diagnosis revelation last month (Aug10) and it had been feared he would be too weak to attend the big unveiling.
Last week (ends17Sep10), his publicist Allen Burry insisted Douglas would make every effort to attend the event, but would evaluate the situation on a "day-to-day" basis.
However, the defiant actor refused to let fans down and stepped out for the Big Apple premiere on Monday, joined by his wife Catherine Zeta-Jones.
He smiled and waved as he strolled down the red carpet but refused to talk to the press due to the strain the cancer treatment has had on his vocal cords.
And Stone was full of praise for Douglas for taking the time to attend, likening him to his father, Hollywood legend Kirk Douglas.
He says, "It's an amazing act of control, he's courageous. He reminds me of his dad, who I know. Got that strength in character. I'm very disappointed (about the cancer). It's a very hard time for him."
Douglas reprises his role as ruthless bank boss Gordon Gekko in the sequel to the original 1987 film, alongside Shia LaBeouf, Josh Brolin and Carey Mulligan.
The Wall Street star was diagnosed with stage four throat cancer earlier this year (10) and is currently undergoing intensive treatment in a bid to beat the killer disease.
His father has since spoken of his pride in Michael's spirit as he fights the illness, writing on his MySpace blog, "I admire my son, he's quite a guy."
And now the veteran actor, 93, and his wife Anne have relocated from their home in Los Angeles to a temporary residence in the Big Apple to support Michael during his treatment, according to Britain's Daily Mail newspaper.
Douglas was diagnosed with stage four throat cancer earlier this year (10) and is currently undergoing intensive treatment in a bid to beat the killer disease.
He revealed the extent of his illness during a recent candid TV chat with U.S. host David Letterman - and Kirk was left in awe of his son's determination to recover.
Taking to his MySpace.com blog, Kirk Douglas writes, "I want to thank all of you for your kind thoughts and comments... The other night he (Michael) appeared on The Late Show with David Letterman to talk about the sequel to Wall Street: Money Never Sleeps. I think it will be even better than the first.
"He also talked with dignity and humor (sic) about his bout with cancer. I admire my son, he's quite a guy."
The Hollywood legend has waded into the debate over the controversial proposal, insisting it would be "painful" for the families of the 2,700 people who died in the World Trade Center attack.
But he also admits it's unfair to punish all Muslims for the actions of a slim minority - and is urging more followers of Islam to speak out against terrorist atrocities.
Taking to his MySpace.com page, Douglas writes, "I must write how I feel: A blistering argument is taking place about building a mosque near Ground Zero. My son Peter argues that a free country should allow the mosque to be built. I have argued that it could be painful to the families of the many victims who died there. But I am confused because I have had several Muslim friends for many years. They are kind, generous, caring people - I value their friendship.
"But, a part of me says, the people who brought about such horrific destruction on the World Trade Center were Muslims that attended a mosque and who believed that America should die. Of course, I wish more Muslims, like my friends, would speak out and condemn those actions. I am confused."
Muslim activist Feisal Abdul Rauf is behind plans to build a $100 million (£67 million) mosque just a few blocks from the site of the World Trade Center.
The Fatal Attraction star was the guest of honour at the Film Society of Lincoln Center event in New York, where he was presented with the 2010 Chaplin Award by his father, acting icon Kirk Douglas.
But his Hollywood achievements weren't the sole focus of the ceremony - Douglas' friends and family also championed him for his personal attributes.
Actress Zeta-Jones told the audience, "The role that I'm so proud of, and there have been many... is the role of father.
"He has shown our children a love, a commitment... and he has love for them that is extraordinary."
Pal Brooke Shields added, "I think it's great that he's being honoured for his work, but he's a really amazing man. As a dad and as a husband, that's the part that makes you fall in love with him."
Douglas shares two children with Zeta-Jones, son Dylan, nine, and daughter Carys, seven, while 31-year-old Cameron is his only child from his first marriage to Diandra Luker.
Cameron Douglas was recently convicted on drug charges and sentenced to five years behind bars.
Source: The Hollywood Reporter
After new Disney topper Rich Ross started sending projects into turnaround, pundits began wondering what his new direction for the Mouse House would be. Though punting McG from 20,000 Leagues Under The Sea was a good idea, the film itself represented a wonderful opportunity to make a classic relevant (and profitable) once again. Luckily, with David Fincher at the helm it looks like we'll be voyaging with Captain Nemo after all.
The Hollywood Reporter scoops that the Fight Club and Benjamin Button director will take over as navigator of the $150 million production, which will be scripted by Scott Z. Burns (The Informant!, The Bourne Ultimatum). Jules Verne's time honored tale about a group of men who encounter a vengeful scientific genius and his warlike submarine was previously adapted by Disney in 1954 with Kirk Douglas starring.
Fincher, who is in post-production on The Social Network for Sony, will likely direct another film before boarding Disney's big-budget redo. The move marks a change of pace for the filmmaker, who is known for dark subject matter a la Zodiac and Se7en and is a refreshing choice for such an important and potentially lucrative piece of work. Perhaps now, 20,000 Leagues will have some gravitas to go along with it's dazzling action sequences.
The 31 year old faced a mandatory minimum sentence of 10 years behind bars after he pleaded guilty to one count of methamphetamine possession with intent to distribute a controlled substance and one count of possession of cocaine in January (10).
Douglas, along with his wife Catherine Zeta-Jones and his father Kirk, wrote letters to Federal Judge Richard Berman, urging him to be lenient.
Their pleas appeared to have been answered when Cameron was handed a five-year sentence last month (Apr10), and Douglas is convinced Judge Berman made the right decision.
He tells America's Today show, "Well, I think any person can understand writing letters for leniency. Everybody does it. I think the court recognised his drug addiction as well as the crime that he committed. It's an adequate, I think, amount of time for anybody to spend in jail."