James Cameron Finally Apologizes For Controversial Oscar Speech  

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James Cameron's "Avatar: The Way of Water" could become one of the highest-grossing films ever.  

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The director is known for visually stunning, culturally impactful movies.  

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His films are known for excellent visual effects, and "Titanic" was a major hit.  

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1997's "Titanic," starring Leonardo DiCaprio and Kate Winslet, won an Oscar.  

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When accepting, Cameron proclaimed himself "the king of the world."  

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He later said he was expressing excitement but admitted the quote may have been arrogant.  

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Quoting one's own film during an Academy acceptance speech is generally seen as taboo.  

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"Avatar: The Way of Water" has already reached the top 10 highest-grossing films list.  

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Cameron plans to make more "Avatar" sequels.  

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