We tend to think that all celebrities swim in cash, don’t we? And while most of them do, others are not as loaded as we may assume. For ages, there have been talks of the widening gap between the rich and the poor, but it’s time we also looked at the gap between the rich and the super-rich.
Considering that the rich are referred to as the 1%, what then do we call those who are way over the top? Probably the 0.01%. People who’ve made a name for themselves in the entertainment industry are already household names, but very few of them are actually billionaires.
They may lead flashy lifestyles, but some of the choices they make are what eats into their net worth. Talk of divorce, alimony, and child support (and you may find an entertainer who has been divorced multiple times), numerous scandals, unwarranted purchases, name them.
If you were asked to estimate how much Abigail Disney is worth, what would be your guess? She is granddaughter to the cofounder of the eponymous company named after the family, and most people in the online community seem to think that she is worth at least half a billion dollars.
She admitted as much to the Financial Times, but went ahead to set the record straight. Disney is worth $120 million, a number that is far smaller than what Bob Iger, Walt Disney’s current CEO is worth. Disney has in the past complained that the company overpays its CEO, contributing to his hefty $690 million net worth.
According to Forbes, Tiger Woods has earned over $1.5 billion since he went pro back in 1996. However, is he a billionaire? Not quite there yet. The magazine puts his net worth at $800 million, blaming his numerous scandals for his lack of billionaire status.
Thanks to his not-so-outstanding exploits, most of the athlete’s sponsors dropped him, and he also had to pay $100 million to his ex-wife in divorce settlement.
Taylor Swift is one of the best entertainers in the United States, don’t you agree? And given her impressive real estate portfolio, owning homes all across the country, you’d be forgiven to think that she’s worth much more than she actually is.
As Forbes reports, the Blank Space singer is worth $360 million. With the recent controversy about the sale of her masters to Scooter Braun, she probably couldn’t have afforded them herself.
With Kris Jenner playing the role of both mom and manager, you’d assume that she’s as wealthy as her daughters, right? Unfortunately, this isn’t the case.
According to Business Insider, momager Kris is worth $90 million. That hardly comes close to Kylie’s $1 billion net worth, and it is also less than Kim Kardashian’s $370 million.
Billionaires of Facebook
Mark Zuckerberg’s $69 billion net worth makes him incredibly wealthy, and you’d be tempted to think that all other Facebook founders are just as monied.
They’re not doing bad for themselves either, it’s just that they’re nowhere near Zuckerberg. Moskovitz and Saverin are both billionaires worth $11.5 and $10.5 billion respectively, but what about Chris Hughes?
Unfortunately for him, billionaire status is light-years away. As Forbes reports, the man is worth $400 million, making you wonder what went wrong for him in comparison to his counterparts.