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Parade: Celebrities Earn 115 Times More Than You

Posted by K.C. Morgan Categories: Movies, Music, Rumors,

Cash

Parade magazine will soon release a “What People Earn” issue which details the income earned by Hollywood’s elite for the fiscal year of 2008, a year which was extremely rough on the finances of many average Americans.

The issue reports that Jennifer Aniston earned a hefty $27 million, which trumps the paltry $2.25 mill raked in during 2008. Taylor Swift out-earned Brit with $5.5 million, which still pales when compared to Beyonce’s stunning $80 million in earnings.

So who’s the biggest star of them all, the top earner for the year 2008? Is it , Will Smith, Donald Trump? The winner, earning the most in the last calendar year, is Mattel with a whopping $3.3 billion. Barbie - still hot after all these years. Now, that’s star power.

According to the issue, celebrity salaries trump the average American’s yearly earnings by an extreme amount: the stars earn around 115 times more money than you do. Too bad about the recession - Barbie might’ve made it up to 4 billion on the year.

Read More | Parade

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Britney Spears Helps the Economy

Posted by Veronica Santiago Categories: Music,

Britney Spears, StarbucksWhile works on ways to stimulate much-needed spending, we’re learning about our favorite troubled pop star’s role in the economy.  As much as we would like her to just stay home and out of the limelight, there are many who depend on ’ mere presence - and her drama.

According to Portfolio Magazine, its estimated the celebrity (directly and indirectly) helps put out anywhere between $110-$120 million annually.  This amount does not factor in the $9 million she rakes in yearly, nor does it take into account the amount she personally spends on Starbucks, Taco Bell, hotels, assistants, gas stations or legal fees.  The $120 million figure is based off the money grossed by tabloids, photographers, promoters, sponsors…and even K-Fed.

So the next time you hear about a small town feeling the pinch when a company pulls up shop, think to yourself—what would happen if Britney did too?

Read More |

Portfolio Magazine


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