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AFI Fest has set the world premiere of Ridley Scott’s kidnapping dramaAll the Money in the World” as its closing night film on Nov. 16 at the TCL Chinese Theatre.

“All the Money in the World,” the story of the 1973 kidnapping in Italy of John Paul Getty III — the rebellious teenage grandson of oil billionaire John Paul Getty, who was reluctant to pay the $17 million ransom demanded by the kidnappers. Kevin Spacey plays Getty while Michelle Williams plays the part of Gail Harris, the mother of John Paul Getty III, and Mark Wahlberg plays Getty’s adviser.

Harris and the boy’s father eventually convinced the elder Getty to pay a $2.9 million ransom, resulting in the teenager being freed after six months. Scott directed “All the Money in the World” from a David Scarpa script. Sony opens the film on Dec. 8.

Scott will be honored with a tribute prior to the screening with a moderated discussion of his work. Jacqueline Lyanga, AFI Fest director, said, “We’re honored to be celebrating the artistry of a director whose work has had an indelible influence on cinema culture, and the lexicon of visual style.”

Scott is a four-time Academy Award nominee, including best picture for “The Martian” and best director for “Black Hawk Down,” “Gladiator,” and “Thelma & Louise.” Other directing credits include “Blade Runner,” “Alien,” “Kingdom of Heaven,” “American Gangster,” “Robin Hood,” and “Alien: Covenant.”

AFI Fest opens on Nov. 9 with Dee Rees’ “Mudbound” and includes a retrospective of 12 Robert Altman films.