Goldman grew up in a Jewish family in Highland Park, Illinois, a Chicago suburb, and obtained a BA degree at Oberlin College in 1952 and an MA degree at Columbia University in 1956.His brother was the late James Goldman, author and playwright.

William Goldman had published five novels and had three plays produced on Broadway before he began to write screenplays. Several of his novels he later used as the foundation for his screenplays.

In the 1980s he wrote a series of memoirs looking at his professional life on Broadway and in Hollywood (in one of these he famously remarked that "Nobody knows anything"). He then returned to writing novels. He then adapted his novel The Princess Bride to the screen, which marked his re-entry into screenwriting.

Goldman won two Academy Awards: an Academy Award for Writing Original Screenplay for Butch Cassidy and the Sundance Kid, and an Academy Award for Writing Adapted Screenplay for All the President's Men. He also won two Edgar Awards, from the Mystery Writers of America, for Best Motion Picture Screenplay: for Harper in 1967, and for Magic (adapted from his own 1976 novel) in 1979.

Goldman died in New York City on November 16, 2018, due to complications from colon cancer and pneumonia. He was eighty-seven years old.

What happens when the most beautiful girl in the world marries the handsomest prince of all time and he turns out to be...well...a lot less than the man of her dreams?

As a boy, William Goldman claims, he loved to hear his father read the "S. Morgenstern classic, The Princess Bride. But as a grown-up he discovered that the boring parts were left out of good old Dad's recitation, and only the "good parts" reached his ears.

Now Goldman does Dad one better. He's reconstructed the "Good Parts Version" to delight wise kids and wide-eyed grownups everywhere.

What's it about? Fencing. Fighting. True Love. Strong Hate. Harsh Revenge. A Few Giants. Lots of Bad Men. Lots of Good Men. Five or Six Beautiful Women. Beasties Monstrous and Gentle. Some Swell Escapes and Captures. Death, Lies, Truth, Miracles, and a Little Sex.

In short, it's about everything.

Eventually to be adapted for the silver screen, THE PRINCESS BRIDE was originally a beautifully simple, insightfully comic story of what happens when the most beautiful girl in the world marries the handsomest prince in the world--and he turnsout to be a son of a bitch. Guaranteed to entertain both young and old alike by combining scenes of rowsing fantasy with hilarious reality, THE PRINCESS BRIDE secures Goldman's place as a master storyteller.