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Which celebrities are living beyond their means?

There must be quite a few celebs who have the houses, the cars, the fabulous clothes, the lifestyle, etc. to maintain an image of glamour and success but don't have the income to back it all up.

by Anonymousreply 166May 8, 2020 3:04 AM

Lindsay Lohan for 1st prize.

by Anonymousreply 1January 17, 2017 7:36 AM

Unless she's moved into a studio apartment and catches the bus these days, Angie Voight.

by Anonymousreply 2January 17, 2017 7:38 AM

Tyga.

by Anonymousreply 3January 17, 2017 7:45 AM

Not me! I mean, what does "means" actually MEAN in this context?

by Anonymousreply 4January 17, 2017 9:24 AM

Oprah. She spent ALL of her money on junk food, Rolaids and stretchy pants years ago.

by Anonymousreply 5January 17, 2017 10:06 AM

[post redacted because linking to dailymail.co.uk clearly indicates that the poster is either a troll or an idiot (probably both, honestly.) Our advice is that you just ignore this poster but whatever you do, don't click on any link to this putrid rag.]

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by Anonymousreply 6January 17, 2017 10:27 AM

A possibility?

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by Anonymousreply 7January 17, 2017 10:33 AM

I'm guessing a lot, if not most, of celeb wealth is just smoke and mirrors. It's all about image.

by Anonymousreply 8January 17, 2017 11:17 AM

[quote]Lindsay Lohan for 1st prize.

R1 what about us???

by Anonymousreply 9January 17, 2017 11:18 AM

I thought Nic Cage owned and closed this thread

by Anonymousreply 10January 17, 2017 11:21 AM

Grace Jones

by Anonymousreply 11January 17, 2017 12:09 PM

Olivia Newton-John

by Anonymousreply 12January 17, 2017 12:16 PM

13th Reply - DONALD TRUMP

by Anonymousreply 13January 17, 2017 12:47 PM

why olivia? she made a lot of $.

by Anonymousreply 14January 17, 2017 12:48 PM

Dianne Wiest

by Anonymousreply 15January 17, 2017 12:50 PM

Kardashians

by Anonymousreply 16January 17, 2017 12:53 PM

I don't understand how anyone can get 6 and 7 figure checks and not invest in any sort of passive income that can sustain them once all of the big work slows down. A lot of older rappers are trying to tell the younger ones to atleast buy franchises or rental property. Rick Ross bought some Checkers. Side note: out of all the places, why that disgusting dump?

by Anonymousreply 17January 17, 2017 12:53 PM

Because they trust family over financial toads, R17. A star is viewed as a cash cow by the entire family and punished if he/she doesn't share the wealth.

You need a soulless ginger financial wiz when you make short-term megamoney.

by Anonymousreply 18January 17, 2017 12:59 PM

The Jolie Pitt family

by Anonymousreply 19January 17, 2017 1:07 PM

Johnny Depp is obviously going broke. He's like Nic Cage level decadent and when he broke up with Vanessa Paradis he gave her a huge settlement. Last year he was selling off art and now its come out that he is suing his money managers.

by Anonymousreply 20January 17, 2017 1:12 PM

Lawyers and healthcare clinics cost a fortune.

by Anonymousreply 21January 17, 2017 1:15 PM

Depp didn't actually give Vanessa all that's reported in cash on one lump sum. I believe he structured a settlement which calls for timed payments. Payments which are still depemdent on his future earning power or selling assets. Her willingness to protect his image was expected.

by Anonymousreply 22January 17, 2017 1:21 PM

I don't think that Pete Burns ever made much money. A couple of hit singles in the 1980's isn't going to support you into your old age. He wasn't even that well paid (compared to others) for his reality show appearances.

Even his £450,000 settlement for botched surgery wouldn't buy a cupboard in central London and would quickly go in rent.

by Anonymousreply 23January 17, 2017 1:28 PM

It's a shame that Amanda Byrnes squandered her Nickelodeon and movie money during her breakdown. I think it was reported that she was down to her last million when the parents got a hold of her.

by Anonymousreply 24January 17, 2017 1:30 PM

That's depressing R24.

by Anonymousreply 25January 17, 2017 1:34 PM

Making millions and spending it all is just plain irresponsible! Idem for non-famous people. I saw The Company Men the other day. Not sure how dramatized it all was, but how can one be broke after 6 months after losing a job of 160,000/year ??!!

by Anonymousreply 26January 17, 2017 1:37 PM

Every newly minted sports star with seven and eight figure salary contracts.

by Anonymousreply 27January 17, 2017 1:38 PM

Johnny Manziell

Tori Spelling & her tribe

Lindsay Lohan (unless she really is hooking on the side)

Gerard Butler...in WEHT territory

Lauryn Hill, Toni Braxton

by Anonymousreply 28January 17, 2017 2:03 PM

Tori Spelling. For sure.

by Anonymousreply 29January 17, 2017 2:04 PM

Tori spelling should have inherited more when her father died. If you have been brought up in a life of limitless funds and then your mother cuts it off suddenly it would be impossible to adjust.

Aaron should have set up a trust to benefit all of the members of his family within reason, not just Candi.

by Anonymousreply 30January 17, 2017 2:24 PM

Olivia's [italic]Grease[/italic] royalty checks these days must be less than the paper they're printed on.

by Anonymousreply 31January 17, 2017 2:26 PM

There was a blind item about Beyoncé and Jay-Z being broke. Not sure how accurate that is, but it is plausible.

by Anonymousreply 32January 17, 2017 2:29 PM

Is it R32??

by Anonymousreply 33January 17, 2017 2:32 PM

[quote]There was a blind item about Beyoncé and Jay-Z being broke. Not sure how accurate that is, but it is plausible.

Karma.

by Anonymousreply 34January 17, 2017 2:32 PM

Kate Hudson. Is she some high price old hooker?

by Anonymousreply 35January 17, 2017 2:36 PM

[quote] R17: I don't understand how anyone can get 6 and 7 figure checks and not invest in any sort of passive income that can sustain them once all of the big work slows down

It goes like this:

Blingy-Blue, Rapper, to his Accountant: "Abe, I'm all out I need some money, I'm going to Rio for the Olympics"

Abe Rothstein, CPA: "Blingy-Blue, you're all out, all you have left is that great investment property on the main drag in Palm Springs I got you for a song."

Blingy-Blue: "Sell it! I'm Rio bound. Tell them to fire-up the private jet and get the posse together!

Abe: "But the Olympics were last year!"

by Anonymousreply 36January 17, 2017 2:40 PM

R36 I think Kate made plenty from all those crappy rom coms shes been in. And now she has her own line of workout wear called Fabletics or something. Ive seen the ads on TV. I think shes doing well.

FYI, theres a story out today that shes dating Brad Pitt

by Anonymousreply 37January 17, 2017 2:43 PM

I'd be very surprised if Beyonce and Jay Z are broke. They don't seem that stupid and she's still hugely popular.

To answer above, the way these people screw up is they imagine the money's always going to be rolling in. If you're someone like Tori Spelling making $40K an episode for all of the 1990s, you don't imagine you're not going to get that forever. I can't imagine she's paid ANYWHERE near her 90210 salary for those crappy reality shows.

by Anonymousreply 38January 17, 2017 2:47 PM

[post redacted because linking to dailymail.co.uk clearly indicates that the poster is either a troll or an idiot (probably both, honestly.) Our advice is that you just ignore this poster but whatever you do, don't click on any link to this putrid rag.]

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by Anonymousreply 39January 17, 2017 2:48 PM

Anyone who gets paid way too much too soon is in trouble. Easy come, easy go. Just look at lottery winners who blow throw millions and end up poor again. I don't feel sorry for stars who fall on hard times because they were overpaid.

by Anonymousreply 40January 17, 2017 2:50 PM

Not anyone. I'm not extremely successful and make around 120k a year. Have property investments which give me around 35k a year. I'm not a big spender. I have a partner (no income) and one child. Neither of us have inherited anything and we have savings of nearly 1.2 million, excluding the real estate. We are in our mid-40s. It's called hard work and sensible spending !!

by Anonymousreply 41January 17, 2017 3:17 PM

I'm consistently surprised how much debt banks and credit card companies allow Tori Spelling to get into.

by Anonymousreply 42January 17, 2017 3:19 PM

J-zee and Beyonce are losing a shit load of money over that Tidal thing.

by Anonymousreply 43January 17, 2017 3:21 PM

Lol you wish that Jay Z and Beyoncé were even close to being broke. Your hate is so intense that you've become blind to reality.

by Anonymousreply 44January 17, 2017 3:21 PM

Jay-Z deserves to be broke. He's a hypocrite. In 2008 he made a track called "Death of Autotune," the co-produced [italic]Shitty Little Annie[/italic] in which everyone was autotuned.

by Anonymousreply 45January 17, 2017 3:24 PM

The = then

by Anonymousreply 46January 17, 2017 3:24 PM

He will never be broke, sorry.

by Anonymousreply 47January 17, 2017 3:25 PM

He's already broke artistically like all hip-hop and all forms of noise that take air time away from actual music.

by Anonymousreply 48January 17, 2017 3:26 PM

R48, okay grandpa. Don't worry. You'll be long dead before he's done with his career.

by Anonymousreply 49January 17, 2017 3:27 PM

R49, you're the bigoted one with that ageist slur. There are a lot of people under 40 who actively avoid rap, rock and country because it's mind-numbingly awful shit. I'm 33 and I only listen to classical, Jazz, showtunes: the music smart people listen to exclusively.

by Anonymousreply 50January 17, 2017 3:30 PM

showtunes? Bwahaha. Please.

by Anonymousreply 51January 17, 2017 3:32 PM

[quote]Olivia's Grease royalty checks these days must be less than the paper they're printed on.

She doesn't have to rely on movie money. Jesus: even for just writing a couple of songs for her, one Australian guy raked in millions. So imagine how much she made over the years.

by Anonymousreply 52January 17, 2017 3:34 PM

A grown man bragging about listening to showtunes. Gotta love Datalounge.

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by Anonymousreply 53January 17, 2017 3:53 PM

Oh I do think Beyonce and Jay Z overspend like crazy and they have a HUGE entourage. It does not mean they are broke, but it does not mean they will have Paul McCartney money either when they are old

by Anonymousreply 54January 17, 2017 3:58 PM

Actually R53, a grown man using gifs of shirley Temple is far worse than listening to showtunes.

by Anonymousreply 55January 17, 2017 4:04 PM

[quote] showtunes: the music smart people listen to exclusively

Oh, it feels so good to laugh again during such a crappy week!!

by Anonymousreply 56January 17, 2017 4:10 PM

Liberacej

by Anonymousreply 57January 17, 2017 4:24 PM

R28, Manziel has family oil money. Back when he was a freshman at A&M, many reliable reports said he, his siblings, their children and great-grandchildren could not spend all the wealth the family earned.

Must have been a YUUUGE fucking oil well.

by Anonymousreply 58January 17, 2017 4:28 PM

I think I'd probably lend Tori Spelling money if I were a bank, eventually she's gonna inherit big bucks.

The Queen Mother had a multi-million pound overdraft for the last 20 years of her life (she overspent her £300,000 annual income many times over), the banks knew that The Queen would repay it upon her death.

by Anonymousreply 59January 17, 2017 4:50 PM

Not Demi Moore, she was once the highest paid actress in Hollywood you know

by Anonymousreply 60January 17, 2017 4:53 PM

Lmfao R60

by Anonymousreply 61January 17, 2017 4:56 PM

Minor leaguers-Be Gone All of you!

I leave in a stretch Limo from Bancruptcy Court- it takes me to my Private Jet ✈️ which lands me at my Mansion!

by Anonymousreply 62January 17, 2017 5:06 PM

millennials think olivia only did grease. stupid fuckers.

by Anonymousreply 63January 17, 2017 7:27 PM

r58 this article makes it sound like the Manziel's people are the Ewings when the number show low 8 figures at best. I guess most of the money is held up in trusts protected from the public.

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by Anonymousreply 64January 17, 2017 7:40 PM

Donald Trump

by Anonymousreply 65January 17, 2017 8:29 PM

Lana Del Rey

by Anonymousreply 66January 17, 2017 8:30 PM

Gwen Stefani

by Anonymousreply 67January 17, 2017 8:31 PM

Alec Baldwin

by Anonymousreply 68January 17, 2017 8:31 PM

Mrs. Bill Cosby

by Anonymousreply 69January 17, 2017 8:32 PM

uma thurman, winona ryder, gwyneth paltrow,

by Anonymousreply 70January 17, 2017 8:34 PM

The Jacksons

by Anonymousreply 71January 17, 2017 8:35 PM

Tina Louise

by Anonymousreply 72January 17, 2017 8:35 PM

That story about Fergie is from well over a year ago.

by Anonymousreply 73January 17, 2017 8:36 PM

50% of contemporary art gallerists

by Anonymousreply 74January 17, 2017 8:36 PM

Donald Trump's two sons

by Anonymousreply 75January 17, 2017 8:36 PM

Lena Dunham

by Anonymousreply 76January 17, 2017 8:38 PM

Colton Haynes big time. Unless he has a sugar daddy. All the clothes, shoes, tacky diamond jewelry and endless holidays. He isn't working enough to be spending the way he is.

by Anonymousreply 77January 17, 2017 8:38 PM

Susan Sarandon's hideous cunty daughter (ok not much of a celebrity but)

by Anonymousreply 78January 17, 2017 8:39 PM

Angelyne - looks like hell, but keeps the car going.

by Anonymousreply 79January 17, 2017 8:40 PM

Al Sharpton

by Anonymousreply 80January 17, 2017 8:41 PM

Martin Luther King family

by Anonymousreply 81January 17, 2017 8:42 PM

Kim Jong-un

by Anonymousreply 82January 17, 2017 8:42 PM

Tori Spelling OWNS this thread. No guarantees she gets anything from mum

by Anonymousreply 83January 17, 2017 8:46 PM

R73 Pretty certain we'd have heard if Sarah Ferguson had won the lottery in the past year?

She was flogging Tea Pots in Australia in February.

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by Anonymousreply 84January 17, 2017 8:48 PM

[quote]Alec Baldwin

No, he probably manages his money well. His brother Stephen was the one broke and facing foreclosure a few years back.

by Anonymousreply 85January 17, 2017 9:56 PM

Bill and Hillary **rolling my eyes as I type**

by Anonymousreply 86January 17, 2017 10:00 PM

Hello, Georgia!

by Anonymousreply 87January 17, 2017 11:33 PM

Athletes win. 60% of NBA players are broke after retirement. 78% of NFL players are broke after retirement. These are guys earning millions of dollars a year. They also buy too many houses, cars, and have entourages of grifters hanging around.

by Anonymousreply 88January 18, 2017 2:20 AM

It's a shame. They are usually from families who have never had anything and are then plucked from high school and focus on nothing but sports for the duration of their adulthood. During the college years they're starving students while putting education on the back burner to keep up with the schedule of a college level athlete. Schools make millions off of them each year and they have no money left after dorms, tuition, and books. Once they get into the NBA everyone has a hand in their pocket. They're immature because they've never done anything adults have had to do. Eat, sleep, shit basketball.

by Anonymousreply 89January 18, 2017 2:33 AM

r89 the ones you describe are far from the starving students. No they can't go out to the Cheesecake Factory every week, but they get a very generous meal plan. Housing would also be taken care of unless they become to good for the dorm and try moving off campus. The rest seems about right.

by Anonymousreply 90January 18, 2017 3:50 AM

When I say starving student I didn't mean literally starving, I just meant no income. The top athletes do not have time for part-time jobs and it's illegal to take funds, even though the coach at my unversity routinely bought things like underwear and other essentials for some players. I was an athlete until the end of my freshman year, but I never had any intent on going pro. I also went to school in state so I always had left over funds after tuition costs.

by Anonymousreply 91January 18, 2017 4:11 AM

R35 - Kate Hudson has admitted she just as frugal as her mom Goldie, who did not believe in having a ridiculous wardrobe. She doesn't buy designer clothes and borrows all her red carpet dresses. Thanks to Fabletics and being financially conservative, she's actually worth close to $40 million. So not too shabby.

by Anonymousreply 92January 18, 2017 4:31 AM

Dionne Warwick, who has said that if she likes it she buys it. She has now filed for bankruptcy twice.

by Anonymousreply 93January 18, 2017 5:03 AM

r14

From what having a hit 35 years ago?

by Anonymousreply 94January 18, 2017 5:16 AM

Living beyond one's means doesn't mean poor, as Nell Carter said,

"Sure I was making $20,000 a week but I was spending $25,000 a week on coke."

by Anonymousreply 95January 18, 2017 5:17 AM

The Orange Colossus

by Anonymousreply 96January 18, 2017 9:28 AM

Frugal celebrities are even more interesting. For instance, while Rihanna buys a dilapidated mansion for $10 million...Nicki Minaj still lives in a condo that she bought years and years ago!

by Anonymousreply 97January 18, 2017 9:32 AM

Most former child TV and especially Disney stars (who don't go to college and miss out on that period of little income coming in) cannot adjust their expectations when their producers and agents no longer fork out for stylists and car service. The fortunate ones manage to luck into a movie franchise, some Oscar bait or get another series in early adulthood and can recalibrate their careers.

Social media whores like Bella Thorne and Zendaya should save for a rainy day lest they become another ill, broke and ripped-off by their stage mom former fashionista like Mischa Barton or have to work the yachts like Lindsay Lohan.

by Anonymousreply 98January 18, 2017 9:44 AM

Grabby-Elect

by Anonymousreply 99January 18, 2017 9:58 AM

[quote]millennials think olivia only did grease.

If only that's all she did, R63.

by Anonymousreply 100January 18, 2017 11:33 AM

There are all sorts of stories about Kanye West running out of money. Ridiculous spending, buying mansions and wasting money on decorating and selling without ever living there, that ridiculous fashion line that never made a sale, no recent hits and the last tour cancelled, etc. Hence all the rumors about him being behind Kim's jewels being stolen, her momma wouldn't be stupid enough to let Kanye have access to Kim's money.

And didn't Kanye's nemesis Jay-Z lose a shit ton of money on that music download service?

by Anonymousreply 101January 18, 2017 11:33 AM

[quote]they can't go out to the Cheesecake Factory every week

Well isn't that a fate worse than death.

by Anonymousreply 102January 18, 2017 11:36 AM

Jay Z won't lose any of his personal money from Tidal. He's just going to sell out to Apple.

by Anonymousreply 103January 18, 2017 11:36 AM

Apple aren't biting.

by Anonymousreply 104January 18, 2017 11:40 AM

millennials are soo stupid and shitty.

by Anonymousreply 105January 18, 2017 11:44 AM

Beyonce is touring like a motherfucker, even between albums. A tour grosses $200 million but how much does she see of that, after tax, staff wages and her expenses? Maybe 20-30?

She started managing herself when she cut off her father which is a huge sea-change, she and Jay-Z are spending BIG to promote their brand, they have been selling off their properties and she's made tech investments that have failed.

She and Jay have Fuck Off money but I can well believe they are more extravagant than they can handle.

by Anonymousreply 106January 18, 2017 11:48 AM

Frugal = Kylie Minouge, Deborah Harry, Bette Midler.

Spendthrifts = John Travolta (spends like a billionaire), Robbie Williams (only so much money to be made in "here comes the 90's!" evenings and singing for fat Russian billionaire's daughters)

by Anonymousreply 107January 18, 2017 12:12 PM

robbie williams is/was a huge - huge star in europe. many hit songs, albums and tours under his sweet belt.

by Anonymousreply 108January 18, 2017 12:18 PM

Michelle Obama is going to need to adjust unless she writes a book or ten.

by Anonymousreply 109January 18, 2017 12:23 PM

In the mid 90's Farrah Fawcett having been one of THE biggest stars of the 80's had to tighten her belt after 15-20 years of being one of the most extravagant spenders in Hollywood, supposedly the stress of becoming broke was a factor of her becoming ill.

by Anonymousreply 110January 18, 2017 12:28 PM

R106, you're trying hard to start this narrative of Jay Z and Beyoncé being broke. Get back to reality.

by Anonymousreply 111January 18, 2017 12:48 PM

99% of rappers

by Anonymousreply 112January 18, 2017 12:48 PM

I've heard stories that Kelly Rippa really strives for a lifestyle of someone making much more money. If she ever loses her morning job, there will have to be big cutbacks.

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by Anonymousreply 113January 18, 2017 2:45 PM

She earns $20 million a year plus whatever other income she has. I think she can afford it.

by Anonymousreply 114January 18, 2017 9:35 PM

r114 I used to love her show, but now I wish they could drop her snotty ass. She showed her true colors with that Michael Sam crap. I refuse to watch her show anymore.

by Anonymousreply 115January 18, 2017 9:48 PM

I feel the same way. There are moments when I feel that she's sharp and funny and other times when I find her insufferable. I never stop on her show when I'm channel surfing.

by Anonymousreply 116January 18, 2017 9:50 PM

R89 Where I'm from in the south the top student athletes are treated like royalty. They're given cars and all kinds of stuff. It's sick in a way.

I think Angelina Jolie lives well above her means. Unless if she's a secret stock market wiz or has real estate holdings she doesn't mention, that is.

by Anonymousreply 117January 18, 2017 11:36 PM

R117, that's a NCAA violation and a huge scandal when it comes out. Anything like that has to happen in top secrecy.

by Anonymousreply 118January 18, 2017 11:46 PM

If you've ever seen "The Queen of Versaille" about the Siegel family (he made his fortune in Las Vegas and Florida timeshares), with the housing crash he almost went broke. He was raking in millions, but spending like a drunken sailor, building huge homes for himself he could never re-sell, paying huge staff, and he was addicted to cheap loans to expand his business. Nowhere in there did he set up passive income.

A relative married into a wealthy family but the truth is nobody knows the actual personal net worth of the in-laws, because their money comes from an extremely successful business and who knows if there's a real line of demarcation between what the business is worth and personal worth. She and her husband want to divorce, but his only income is a "stipend" from a trust fund. It's low six figures, but it's not even the income from the trust fund, it's a stipend from it. He gambles and does drugs and spends money on strippers. In their preliminary talks about separating, it's considered that she'll stay in their house (which neither owns - it's owned by the "trust") and he'll move elsewhere. Another wrinkle - he's coming into seven figures soon. She told me she is wary about staying in the house (they have a child) because she thinks he'll blow through those seven figures and *have* to move back in. I said - are you kidding me - why doesn't he set up passive income to supplement his trust stipend? He'll be in great shape. She said - nope, he'll spend it until it's gone. And she's probably right.

I don't get it either. Me at any opportunity to generate enough passive income so I was set for life no matter how un-lavish the lifestyle, I'd jump on it. People don't. People who win the lottery in the seven figures blow through the money. I heard a story from a guy whose daughter's boyfriend won the lottery. This guy is a security guard. The boyfriend gave his girlfriend 100k, even though they broke up shortly afterwards. What did the daughter do but buy thousand dollar purses and take lavish vacations. The dad was just shaking his head, but the daughter was all, "live for today, I deserve this." I dont get it at all.

by Anonymousreply 119January 19, 2017 12:38 AM

I bet the security guard doesn't know that when you give a gift over $14,000*, the giver, meaning "he", owes "gift taxes" on it.

*the limit changes every year. It's about $14,000 now.

I can't imagine what the tax is. It's not small.

by Anonymousreply 120January 19, 2017 12:49 AM

Lana Wood said her sister Natalie was extremely wealthy at her death, having invested in lucrative properties like shopping centers. I think Natalie Wood's biggest extravagance was clothes, which, at her level, is not doing too badly. When she died I think her husband still had Hart to Hart. Even that yacht, Splendour, that they were on when she died doesn't look like a Hollywood yacht, but sort of a regular "We like boating" yacht.

I would bet Yoko Ono is in great shape. She's never moved from the Dakota and has never been known to spend up a storm.

I think Britney Spears' family stepping in and having the court set up a conservatorship when they did saved all of her assets. Her father still worked as a chef, but received "only" $2,500 a week as conservator, which considering the size of her interests and that he was on call 24/7, is a bargain arrangement. They gave her just enough rope. She could go into a store and drop 10k on clothes on impulse and that was ok, but she couldn't buy an island or yacht on impulse. Despite what some people think, I believe she likes to perform even though maybe she shouldn't, so when deals like X-Factor or Vegas came along, it was ok for her to sign up for it. It would produce income and give her an ego boost and something to do, and when she burned out on it or tired, no damage was done. I think her family did/does a good job.

by Anonymousreply 121January 19, 2017 12:52 AM

I'm self made.

by Anonymousreply 122January 19, 2017 12:56 AM

R120, I wasn't clear. The dad was the security guard. He has a daughter. I don't know what the boyfriend did before he won the lottery. The security guard told the story of his kid getting 100k from the boyfriend, and as soon as she had it, she was just spending, spending, spending. He was appalled. Her attitude was she was entitled to these things, would never have an opportunity to get them, and she deserved it. There was no need to say anything to the security guard because he already knew.

by Anonymousreply 123January 19, 2017 12:57 AM

My nephew is a minor celebrity and a doofus. I am sorry that I cannot name him because I do love him and won't do that. You might recognize the story, though, as I believe he publicly talked about it like it was a big joke, which it was not.

He won $300,000 gambling. He has a gambling problem. Then he gambled the money away. He failed to get evidence of the loss, so he owed income taxes on the $300,000; and lacked the write-off that would have erased the income tax as it would have reduced the income to $0. It took a long time before his Mom worked with the IRS to make it go away. I feel so bad for my sister, it must make her very sad that he is so incapable of living in society according to its rules and is do dependent on her.

He skipped his Grandfather's funeral and his 10 year-old cousin's funeral the following week. Later we learned he had travelled from hours away where he lived, to the nearby casino, during one (or both) of the funerals. He was 40 minutes away, at most, and didn't bother to stop by.

He never does anything for anyone, but (only occasionally) asks for favors, and then feels ashamed about being unaccomplished. I think he's a sociopath. I still love him, but know not to expect any kind of love or attention of any kind from him. I'm his favorite Uncle, too. I think he likes that I'm Gay and Out. But still, he's addicted to drama and a soul-sink.

by Anonymousreply 124January 19, 2017 1:10 AM

Celebrity or not, many people are genetically wired to live beyond their means. I'm a mortgage underwriter for a major lender in a division that does not do sub-prime loans. The number of people with incomes of $50,000 a month or more who have credit scores too low to lend on is astounding. On the other hand you see the couple who are fruit packers in rural Oregon who make less than that in two years who somehow manage to maintain A+ credit for decades.

by Anonymousreply 125January 19, 2017 1:12 AM

This guy is the king of living beyond your means. He makes the "Queen of Versailles" family look normal

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by Anonymousreply 126January 19, 2017 1:31 AM

I've never understood how RIchard Burton and Elizabeth Taylor sustained the lifestyle they had when they got together. Elizabeth's record-setting salary for Cleopatra was one million. I don't think Richard Burton got paid that much ever. The Hope Diamond he purchased for her was supposedly much more than a million.

How did he keep her in yachts and diamonds when all of their joint movies flopped, and neither had a hit after they got together? Suppose they had inflated salaries for a couple of films each. There's the boat. The homes. The jewelry. The kids! She had four. He had two (overlapping one of hers, Liza). Jessica, his disabled daughter, was somebody he made financially independent when she needed lifetime care.

During the peak of Elizabeth Taylor's career - not her fame - her career - she was under studio contract. I don't believe she had a percentage of the box office.

Anyhow, a lot of kids, a lot of expenses, and for both, failing movie careers. How did they keep it afloat?

by Anonymousreply 127January 19, 2017 4:28 AM

Well Burton did tons of bad movies in his later years r127. It seemed like he needed to do a lot of stuff for the money. (Exorcist II supposedly nearly killed him he was drinking so much during it.)

Taylor had her perfumes and stuff which probably brought her in a lot of money. "These have always brought me luck comrade!!!!"

by Anonymousreply 128January 19, 2017 5:20 AM

During her later years, LA society knew that the way to meet the legendary Liz Taylor was to buy her some new diamond jewelry. And not just some little thing from Kay's, or even the choicest brooch from Harry Winston, but ideally have a top jeweler send over a tray of fabulous things and let her pick out what she liked at your expense. A few hundred thou worth of exquisite jewels, and she was your best pal!

I have to admit, that's the single best retirement financial plan I've ever heard of.

by Anonymousreply 129January 19, 2017 7:35 AM

Angelina Jolie hasn't earned much in recent years, she hasn't done many films and few of them have been successful. And now she's paying an army of lawyers and publicists to fuck over her ex-husband, so she's got to be spending more than she earns at the moment.

However, getting child support payments for six minor children of a very wealthy man has got to be worth a fortune, and if she didn't sign a prenup then her share of the Jolie-Pitt community property would be impressive. Pitt's starred in successful films and produced others while they've been married, she's entitled to community property shares of that she'll be able to keep herself in lawyers until all six kids are grandparents.

by Anonymousreply 130January 19, 2017 7:40 AM

What about actors who have say, one popular tv show that runs for a couple of seasons. How do they get by after the show ends? How long do the residuals last, can they renegotiate their contract if the show becomes a hit.

by Anonymousreply 131January 19, 2017 9:09 AM

I remember Jason Alexander talking about the salary he and the rest of the cast of Seinfeld were earning. He said "This is it. This is the window. Most actors don't get a hit show, most don't have another one before or after their hit show." Based on that, I'm presuming he invested his Seinfeld money. Surely he also gets residuals, although I don't know what the percentage would be.

I don't think Alec Baldwin is living above his means. He has a home in the Hamptons and an apartment in Manhattan. He had three kids very quickly with his yoga teacher spouse. She's a publicity whore but she's not a big spender. She doesn't go around the city buying up a storm. She doesn't spend a lot on clothes or jewelry. I think his family probably has had its hand out a lot over the years. He also has a voiceover career.

Rappers. I'm a Cesar Millan fan, and I was always curious how come for so long his dog Daddy (now deceased) was described as being co-owned by rapper Redman. Redman was on the radio talking about it, saw it on youtube. He got Daddy as a puppy sort of impulsively, and then parked the dog with Cesar when he was too busy. I thought 'touring' but Redman was very vague about what he was too busy doing all those years. Then it seems to me that as his career sort of waned and Millan's profile went up and he got a TV show, Redman kept the dog figuring he could extract a lot of $$$ from Cesar Millan for full ownership of the dog. Redman went on and on about how Daddy "made" Cesar Millan, how the dog was the reason Cesar Millan got famous, and how one day Cesar's people went to Redman with documents and said "it's time to sign over the dog." Redman did it because if he insisted he was still the owner, he'd owe Cesar Millan a ton of money for Daddy's vet bills, boarding and other care. He hadn't paid a dime in years. He sounded a little begrudging about it all, still thinking Cesar Millan should have given him money for all Daddy did for Cesar Millan's career. but I guess Millan finally called his bluff.

Liz Taylor - even with her habit of extorting jewelry from her neighbors, in the 1960s the Burtons had a yacht. She was dripping with jewelry. They went around with an entourage of animals, children, and staff.

I really doubt Angelina Jolie lacks a pre-nup. I suspect they got married in order to get a divorce, and Pitt wasn't going to leave his entire income vulnerable to her. But the two of them with two nannies per kid, private jets everywhere. Over the years staff members have spilled stuff about them, such as Brad Pitt buying so much art he just stashes it in closets sometimes. I'd imagine the kids each have a trust fund set up - or they should. When people like the two of them are riding high it appears that the money could sustain entire countries, but I guess when you spend like that it runs out.

by Anonymousreply 132January 19, 2017 2:00 PM

Donald Trump: he's got to be living far beyond his means considering he only has the income from franchising his image and name.

by Anonymousreply 133January 19, 2017 4:37 PM

R132, thanks for the story on Redman and Milan. I would've never guessed that they had a connection. Redman had to have made more money than Milan at that time. He must've gone broke if he was worried about that. There were tons of endorsement deals, movies, tv, music. Sad(Donald voice).

by Anonymousreply 134January 19, 2017 8:04 PM

Joan Collins has seemed to have lived a pretty thrifty existence, despite all the glamour and prestige. She had some pretty lean times in the 70's and seemed consciousness that the money from Dynasty would not last forever unless she diversified. She had a fondness for costume jewelry even when she could afford the real thing, claiming she could never tell the difference anyway (of course she wore the real thing as well). Joan was such a penny pincher she was even reluctant to turn on her air conditioning or heating unless she really felt she had to.

by Anonymousreply 135January 20, 2017 12:10 AM

I suspect almost all of them do, and have for centuries. Actors' memoirs from 100 years ago or more told how they'd go out in a fur coats looking like a million bucks even if they lived in an unheated closet, because they had to keep up a "front", to look as impressive as possible if they wanted to dork. Nobody would hire them if they looked failing or desperate, and I suspect it's the same.today.

Performers going out in rented Maseratis that are five payments behind, and hoping the paparazzi see them before the REO man does, that sort of thing.

by Anonymousreply 136January 20, 2017 1:10 AM

Repo man!!!

Fucking autocorrect.

by Anonymousreply 137January 20, 2017 1:10 AM

It's Hammer Time!

Offsite Link
by Anonymousreply 138January 20, 2017 1:39 AM

I think JLo is.

She's doing her Vegas show nonstop, the TV show, was hosting.

by Anonymousreply 139January 20, 2017 1:44 AM

R139 I don't think working a lot is a sign she's living beyond he means. Those are all fairly prestigious gigs. She has to keep working to stay relevant. She likes being famous.

by Anonymousreply 140January 20, 2017 1:51 AM

I don't understand why she did the procedural on CBS. It won't last.

by Anonymousreply 141January 20, 2017 2:02 AM

Actually, there were rumors that J-Lo was in financial trouble, before she started doing these TV gigs.

Because if there was ever a performer who'd spend her last dime on looking good, in the belief that living and looking like a celebrity is what brings in the next offer, it'd be Jennifer Lopez.

by Anonymousreply 142January 20, 2017 8:13 AM

R138, MC Hammer is the poster child for extravagant rappers. He had a whole host of people on his payroll; including his entire family, friends, and people from his neighborhood.

by Anonymousreply 143January 20, 2017 8:32 AM

R79 Lol. I just saw Angelyne's pink car parked in my neighbourhood. She was selling it last year for an exorbitant amount, then she crashed it. The back end is STILL effed up and there's some shoddy bodywork that's spray painted over in that hideous pink.

by Anonymousreply 144January 20, 2017 9:50 AM

Kanye, for sure.

by Anonymousreply 145January 20, 2017 10:27 AM

How about Hillary Clinton? Then when the bills add up dipping into the Clinton foundation money!!!

by Anonymousreply 146January 20, 2017 11:22 AM

R146, they make 200 thou a speech so shut the fuck up.

by Anonymousreply 147January 20, 2017 8:47 PM

r147

Hillary is down to a mere hundred thousand per speech now.

by Anonymousreply 148January 20, 2017 9:25 PM

r52

She hasn't had a hit in over 30 years and her royalties must be nothing by now

by Anonymousreply 149January 20, 2017 9:30 PM

Didn't Liz Taylor inherit Mike Todd's multi million dollar estate in the late 1950's? I doubt she ever needed to work again after his death, which was why she always asked for outrageous fees whenever she did?.

I doubt Richard Burton's money would have paid the pet food bill?

by Anonymousreply 150January 20, 2017 9:34 PM

ALL OF THE KARDASHIANS and MISS Bruce Jenner!

by Anonymousreply 151January 20, 2017 9:44 PM

Donald Trump. And he's refused a salary too, so how is going to live?

by Anonymousreply 152January 20, 2017 9:54 PM

Gotta wonder about the Kardashians, because their lifestyle IS their brand they couldn't possibly cut corners.

They've lied about how much they're being paid for the TV shows, and are probably lying about how much they get for all their social media shit and merchandising as well.

by Anonymousreply 153January 20, 2017 10:16 PM

Olivia Newton-John done some major downsizing in recent years and has/had a residency show in Vegas and regularly tours the casino circuit. She didn't write her music and her last top 10 hit was in early 1984. She sold her home in Palm Beach and moved into a relatively modest condo on Juniper Island. She's not broke by any means, but between a few bad business ventures, a divorce, and supporting a high maintenance adult daughter she doesn't have the fortune that people think she has. Plus the fiancee that faked his death may have fleeced her for quite a bit of money.

A lot of older performers that are on the casino/smaller venue circuit have to work to support/keep up with their lifestyle, as well as supporting first, second and sometimes third families.

by Anonymousreply 154January 21, 2017 1:07 AM

[quote]I don't think Alec Baldwin is living above his means. He has a home in the Hamptons and an apartment in Manhattan. He had three kids very quickly with his yoga teacher spouse. She's a publicity whore but she's not a big spender. She doesn't go around the city buying up a storm. She doesn't spend a lot on clothes or jewelry. I think his family probably has had its hand out a lot over the years. He also has a voiceover career.

I wonder if Alec ever had to bail out Stephen or he told him fuck off and deal with his own financial problems. I have a feeling that there will be major scandal for "good Christian" Stephen.

by Anonymousreply 155January 21, 2017 2:09 AM

Go fuck yourself R147. They're both corrupt money grasping cunts.

by Anonymousreply 156January 21, 2017 5:21 AM

Go fuck yourself R156. Tuff shit if you don't like it.

by Anonymousreply 157January 21, 2017 5:24 AM

I live beyond my means

by Anonymousreply 158January 21, 2017 5:45 AM

R131, actors don't get to negotiate until after season 4, and as we know, most shows don't make it that far. About a decade ago, an entry level salary for a full time cast member on a network show was around 20k-30k/episode. Once you take off taxes and agent and etc, it's good money, but not retirement money. There was a good article recently that discussed how, particularly with streaming services, salaries have been dropping unless you're already a huge name.

I think of somebody like Rachel Bloom who is ridiculously creative, and is shooting her entire creative wad on Crazy Ex Girlfriend, but it probably only bring in 30k an episode. Over 13 episodes, that ain't much.

by Anonymousreply 159January 21, 2017 7:31 AM

r158

And you've never been to yourself. I wonder which is worse?

by Anonymousreply 160November 27, 2019 7:55 AM

Alec Baldwin and Kim Basinger we’re married when she stupidly bought a town that drained some serious money. That had to put a dent.

by Anonymousreply 161November 27, 2019 9:02 AM
by Anonymousreply 162February 27, 2020 7:46 PM

Did anyone mention Harry and Meghan?

by Anonymousreply 163February 27, 2020 7:56 PM

R150, Elizabeth Taylor did indeed inherit the license from Mike Todd’s company Todd-AO, until she sold it.

Offsite Link
by Anonymousreply 164February 28, 2020 1:37 AM

Surprised that no one mentioned Michael Jackson. “When he died, Jackson was between $400 million and $500 million in debt.“

His death has helped him pay off debt after death

Offsite Link
by Anonymousreply 165February 28, 2020 2:17 AM

Benna Flick

by Anonymousreply 166May 8, 2020 3:04 AM
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