Meryl Streep admitted she was on the verge of retirement when she was offered David Frankel’s seminal workplace dramedy The Devil Wears Prada (2006). But realizing the film wouldn’t be possible without her casting, she decided to negotiate her pay. She went on to prove her worth as the film, made on a budget of $35 million, amassed $326 million globally. One would then imagine that given all the expectations and business prospects riding on the recently released, long-awaited sequel, The Devil Wears Prada 2, Meryl Streep’s pay would be in multiples of what she took home for the first part. However, that wasn’t exactly the case. In fact, Streep’s reported fixed salary for reprising her iconic role of Miranda Priestly in the sequel was just $12.5 million (Rs 118 crore), as per Variety. One would wonder why after Streep, who demanded double the pay and reportedly earned $4 million to $5 million for the first part, would end up settling for only three times of that for the sequel, which released 20 years later.…