After 50 years of acting, famous actor Peter O’Toole announced his retirement from the show business on Tuesday afternoon. According to the Associated Press, the “Lawrence of Arabia” star feels he no longer has the heart to be a part of the film industry, so he decided to make his retirement official.

Peter O’Toole was one of the most endeared actors of the 60s. He began his acting career with the part of T. E. Lawrence in the movie “Lawrence of Arabia” being highly appreciated and honored for this role, as well at the subsequent ones. He was nominated for eight Academy Awards, but never received one; thus, setting the record for the most acting nominations without a win. Even though he did not receive a trophy from the Academy, O’Toole won four Golden Globes, a BAFTA and an Emmy award throughout his career. In 2003, he received an Honorary Award from the Academy due to the wonderful achievements he has made in his entire career.

Peter O’Toole will turn 80 on August 2nd and the actor thinks it is time for him to retire from the business industry. He told the press that he lacks the strength to take part in the production of other movies, so he will “chuck in the sponge”. The actor further added that he obtained many emotional and financial achievements with the help of his career. Moreover, he had the opportunity of staying in company of fine people throughout the whole time.

The 79-year-old actor didn’t feel story for retiring. As a matter of fact, he stated that every person should be free to decide when to put an end to a certain activity. This is the reason why he chose to “bid the profession a dry-eyed and profoundly grateful farewell”.

Peter O’Toole acted in memorable movies, such as, “Caligula”, “Man of La Mancha” and “Goodbye Mr. Chips”. More recently, he was elected to play the Pope in “The Tudors”.