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Tag: net worth
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Rita Ora’s ‘Not Bothered’ By Her Massive Net Worth
Rita Ora Net Worth 2024, New Year’s Rockin Eve Salary, How Much She Makes – StyleCaster
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Ryan Seacrest’s Net Worth Reveals His Massive Salary For Dick Clark’s New Year’s Rockin’ Eve
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If you’ve watched him on your television for the past two decades, you may be wondering about Ryan Seacrest’s net worth and how much he made from American Idol, Live With Kelly and Ryan, Dick Clark’s New Year’s Rockin’ Eve and more hosting jobs.
Seacrest, whose full name is Ryan John Seacrest, was born on December 24, 1974, in Atlanta, Georgia. His broadcast career started when he was 16 years old and won an internship at the radio station 94.1 WSTR in Atlanta, where he would substitute as a DJ when the show’s regular DJs called in sick. Seacrest went on to study journalism at the University of Georgia but left college at 19 to move to Los Angeles to pursue his broadcast career. He went on to host shows like Radical Outdoor Challenge, Gladiators 2000 and Wild Animal Games until his big break in 2002 when he became the host of American Idol.
“For me, one of the most exciting moments was being able to be on the radio as a kid, and get that experience at 16-years-old in Atlanta. You know, just opening up that microphone and realizing there’s some power and exposure in that platform. I found that to be incredibly fascinating,” Seacrest told GQ in 2015. “But the actual ‘break’ I think would have to be American Idol. When it started, we realized it was something significantly special and unique. What it did for me individually, was motivate me to do more. I saw it as an opportunity to expand my businesses because I now had access to get the meeting that I didn’t have before the success of that show.”
Along with American Idol, Seacrest has gone on to host his own radio show, On Air With Ryan Seacrest; a talk show with Kelly Ripa, Live With Kelly and Ryan; and Dick Clark’s New Year’s Rockin’ Eve. That isn’t to mention his work behind the scenes as an executive producer on reality television shows like Keeping Up With the Kardashians and Shahs of Sunset. So what is Ryan Seacrest’s net worth? Read on for what we know about Ryan Seacrest’s net worth and how much he makes on American Idol and more hosting jobs.
How much does Ryan Seacrest make from American Idol?
Image: Eric McCandless/ABC via Getty Images. How much does Ryan Seacrest make from American Idol? Seacrest hosted American Idol for 15 seasons from 2002 to 2016 when it was cancelled by FOX. (He co-hosted season one with comedian Brian Dunkleman.) Seacrest returned as the host of American Idol in 2018 after the show rebooted by ABC.
So…how much does Ryan Seacrest make from American Idol? According to The Hollywood Reporter, Seacrest made $5 million per season for the seasons one through eight of American Idol. In 2009, he signed a $45 million deal to continue to host American Idol for seasons nine through eleven, which paid him $15 million each season. (According Forbes, American Idol was the most profitable show on television in 2011, making $7.11 million each half hour, which was three times as much as the second most profitable show at the time, Two and a Half Men.)
In 2012, Seacrest signed a $30 million deal to continue to host American Idol for seasons 12 and 13, which paid him $15 million each season, according to Celebrity Net Worth. In 2014, he signed a $15 million deal to continue as American Idol‘s host for season 14. He signed the same $15 million deal in 2015 for American Idol‘s 15th and final season on FOX.
How much does Ryan Seacrest make from the American Idol reboot? According to The Hollywood Reporter, Seacrest was offered $5 million to host the American Idol reboot on ABC, which was $10 million less than what he made on FOX. After negotiations, Seacrest signed a deal to host the American Idol reboot for $10 million for the first season of the reboot, which was still $5 million less than what he made on FOX. As for Seacrest’s currently salary for the American Idol reboot, that amount is unclear. Page Six reports that he makes $15 million per season, which is the same as what he made before American Idol was rebooted, while The Wall Street Journal reports that he makes $12 million per season, which is still $3 million less than when American Idol was on FOX.
Seacrest hosts the American Idol reboot with judges Lionel Richie, Luke Bryan and Katy Perry. In comparison, Richie and Bryan each make $7 million per season, while Perry makes $25 million per season, according to Page Six. “ABC was originally going to spend no more than $50 million on talent. They had to expand their budget for Lionel,” a source told Page Six in 2017. “[ABC President] Ben Sherwood blew the budget on Katy without thinking how that would impact other areas of the show budget. He gambled on her because of her appeal to a younger audience and huge social-media following. But Katy is effectively taking money from the other judges, who then had to be paid way less.” The source continued, “The negotiations with Luke and Lionel have been fraught and difficult because of [Katy’s paycheck]. They expected similar deals to Katy, but are, in fact, getting a hell of a lot less. In the end, ABC had to cough up a second round of money to sign the other judges.”
Cecile Frot-Coutaz, CEO of FremantleMedia North America, the production company behind American Idol, defended Perry’s salary in an interview with The Hollywood Reporter at the time. “The show is not more expensive than its competitors in the genre. If other networks can make it work on similar properties, then there’s no reason why ABC couldn’t,” she said. “This notion that the show [costs] a lot more than any other is completely untrue. We know that because we’ve made other shows in other genres. ABC wouldn’t order something that didn’t work for them financially.” She also confirmed that ABC never considered any other hosts for the American Idol reboot aside from Seacrest. “It was always going to happen. It’s hard for Ryan. He’s on the East Coast now and had to figure out how to make it work, but he’s the hardest-working man in show business, so there will be some flying back and forth,” Frot-Coutaz told The Hollywood Reporter. “But, as I said, it was always going to happen. He’s the face of ‘Idol.’”
How much will Ryan Seacrest make from Wheel of Fortune?
Leon Bennett/WireImage Ryan Seacrest is set to replace Pat Sajak on Wheel Of Fortune and is reported to earn about $28 million per season according to Radar Online. “With this game show, it’s such a success and has been for generations,” Seacrest, told People. “You don’t mess with it, just don’t mess with it. Just get out of the way, say ‘Good evening’ and let’s play.”
“I think I have so much adrenaline rushing through my body. Excitement is the word because it’s such a phenomenal show,” he added. “I’ve been a fan. I grew up watching the show. and I can’t wait to take over after the legendary Pat Sajak.”
How much did Ryan Seacrest make from Live With Kelly and Ryan?
Image: Freeform via Getty Images. How much did Ryan Seacrest make from Live With Kelly and Ryan? Seacrest became a co-host on Live With Kelly and Ryan in 2017 after Kelly Ripa’s former co-host, Michael Strahan, left the show after four years in 2016. Seacrest is also an executive producer on the show. “Not only is Kelly Ripa one of the most talented live hosts in broadcast TV, she’s also become a very dear friend to me over the years. It’s consistently been my privilege and pleasure to work alongside Kelly with all her incredible talents, charm and humor – whether hosting the Disney Christmas Day Parade special with her a decade ago or guest co-hosting alongside her on ‘Live,’ it’s always just been easy and fun to share a set with her, and we have a blast,” Seacrest said in a statement at the time. “I’ve been so fortunate in my career to be a part of some incredible TV programs, and I’m excited to join daytime’s top entertainment talk show, and most important, I couldn’t think of anyone I’d rather share this new chapter with than Kelly Ripa – she’s a dream broadcast partner, and I can’t wait to start.”
Ripa added in her own statement, “Ryan is a quintessential broadcaster and at the top of his game,” said Ripa. “I am thrilled to start my mornings with him every day, and we are so fortunate at ‘Live’ to have him join the family. Ryan is a close friend and his star shines as brightly off camera as it does on. His tremendous success is only matched by his impeccable reputation. Plainly said, everyone loves him, and so will our daily viewers.”
So…how much did Ryan Seacrest make from Live With Kelly and Ryan? According to Forbes, Seacrest makes $10 million per year as a co-host on Live With Kelly and Ryan. In comparison, his co-host, Kelly Ripa, who has hosted the talk show since 2001, makes $22 million per year, which is $17 million more than Seacrest’s salary, according to In Touch Weekly.
Seacrest announced in an Instagram post on February 16, 2023, that he was leaving Live With Kelly and Ryan after almost six years as the daytime talk show’s co-host. “I’m going to miss my work wife and all the laughter we share,” he captioned a series of Instagram photos of him and his Live co-host, Kelly Ripa, over the years. “When I signed on to host Live in 2017 it was meant to be for 3 years, but I loved the job and working with Kelly so much that I extended my time and last year I made the decision to stay on for one more final season. I’ve been grateful to be able to share a cup of coffee with our viewers everyday, one of the best parts of the gig.”
In his post, Seacrest explained that he was leaving Live With Kelly and Ryan to focus on his jobs as the host of American Idol; his KIIS-FM radio show On Air with Ryan Seacrest; and Dick Clark’s New Year’s Rockin’ Eve, as well as his charity, Ryan Seacrest Foundation Studios. He also confirmed that Ripa’s husband, Mark Consuelos, was replacing him. “I’ll be transitioning out of Live this Spring to shoot the 21st season of American Idol in LA, continue my radio show on KIIS-FM and Dick Clark’s New Year’s Rockin Eve, and focus my summer on opening three more Ryan Seacrest Foundation Studios in pediatric hospitals across the country,” he wrote. “I’m looking forward to coming back to guest host in the future and Kelly, I promise to forever share my food photos, chicken eggs, and olive oil with you. And congratulations to my brother Mark, feel free to remodel my dressing room!”
Ripa also reacted to Seacrest’s exit news in her own Instagram post. “OK NOW we’re empty nesters. When your friends become work mates become family,” she captioned an Instagram photo of her and Seacrest. “Congratulations @ryanseacrest on surviving six winters in NYC! I’m proud of you and am forever in your corner. And @instasuelos welcome home, or to the contractual obligation phase of our relationship.”
How much does Ryan Seacrest make from Dick Clark’s New Year’s Rockin’ Eve?
Image: Getty Images. How much does Ryan Seacrest make from Dick Clark’s New Year’s Rockin’ Eve? Seacrest started hosting Dick Clark’s New Year’s Rockin Eve in 2005 after the special’s creator and former host, Dick Clark, suffered a stroke in 2004 that resulted in speech impediments. (Clark died of a heart attack on April 18, 2012. He was 82 years old.) After hosting New Year’s Rockin’ Eve as Clark’s replacement in 2005 and 2006, Seacrest was announced as the special’s permanent host in 2007. The special was renamed as Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest in 2009.
So…how much does Ryan Seacrest make from Dick Clark’s New Year’s Rockin’ Eve? According to Forbes, Seacrest makes $1 million each year for the special, which he also executive produces. Though the amount is a lot less than what he makes for American Idol and Live With Kelly and Ryan, Seacrest’s $1 million salary for Dick Clark’s New Year’s Rockin’ Eve comes from just one night of work.
What is Ryan Seacrest’s net worth?
Image: Frazer Harrison/Getty Images. What is Ryan Seacrest’s net worth? Ryan Seacrest’s net worth is $450 million, with $75 million earned each year, according to Celebrity Net Worth. (In comparison, his Live With Kelly and Ryan co-host Kelly Ripa’s net worth is $120 million, according to Celebrity Net Worth.) Along with what he makes from American Idol, Live With Kelly and Ryan and Dick Clark’s New Year’s Rockin’ Eve, Ryan Seacrest’s net worth also includes what he earned from hosting other shows and specials, such as his radio show, On Air With Ryan Seacrest, which he’s hosted since 2004 and also executive produces; E! News, which he hosted from 2006 to 2015; E! Live from the Red Carpet, which he’s hosted since 2006; the Primetime Emmy Awards, which he hosted in 2007 and co-hosted in 2008; and American Idol Rewind, which he hosted from 2007 to 2008.
Ryan Seacrest’s net worth also includes his work as an executive producer on reality television shows like Keeping Up With the Kardashians, Denise Richards: It’s Complicated, Married to Jonas, The Wanted Life, Shahs of Sunset, Rob & Chyna, Life of Kylie, and The Kardashians. He’s also executive-produced scripted shows such as Insatiable on Netflix. Along with his television career, Ryan Seacrest’s net worth also includes his menswear brand, Ryan Seacrest Distinction, which he launched with Macy’s in 2014; as well as his skin care line, Polished, which he launched with dermatologist Harold Lancer in 2017.
In an interview with GQ in 2015, Seacrest explained how he manages his multiple jobs. “I actually don’t know the answer,” Seacrest said when asked how many jobs he has. “I’ve got three radio shows, American Idol, red carpets for E!, the production company, hosting New Year’s Eve, the clothing line, the Ryan Seacrest Foundation, so nine…close to ten.” He continued, “I work pretty fast and efficiently. Consolidation is something I’ve learned. I’ve got a lot of things in the same place. For instance, I’ve got the radio show, but then I can walk across the hall to the TV studio. Another thing that allows me to stay on top of things is that I’ve got a great team. I try to find an expert in each of the places I’m working, and I keep updated through them. It’s a puzzle each day, and at the end of the day I get an email brief of everything that happened in every division.”
He also told GQ the mark he wants to leave on the world after he’s done. “I’ve never thought about it. I think about the people that have motivated me. I think it’s so important for young people to have mentors, and to have people to turn to for advice and study,” he said. “And for me those people were Merv Griffin, and Dick Clark, and Larry King. I think the legacy that I hope to leave is that people think of me as their friend on the radio, their friend on TV, who made it look pretty easy and was a source or a conduit for escapism. I don’t do surgery and it’s not rocket science. And the shows that I’m a part of are versions of escapism.” He continued, “I think my job is to get out of the way. My job is to get things started, get out of the way, and say goodnight. When I’m hosting a show, it’s not about me, it’s about the others that are there, and making them shine, and trying to get the best out of the moments. Whether that means an artist is singing a song on stage or someone is about to perform live on stage in Times Square in front of millions of people around the world. I think the most important trait of hosting is listening and knowing when to get out of the way.”
American Idol is available to stream on Hulu. Here’s how to watch it for free.
Our mission at STYLECASTER is to bring style to the people, and we only feature products we think you’ll love as much as we do. Please note that if you purchase something by clicking on a link within this story, we may receive a small commission of the sale.
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Andy Cohen’s Net Worth Reveals How He’s Richer Than Most of The Real Housewives
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If you’re a Bravoholic, you may have wondered about Andy Cohen’s net worth and how much he makes as the host of The Real Housewives, Watch What Happens Live and other shows.
Cohen, whose full name is Andrew Joseph Cohen, was born on June 2, 1968, in St. Louis, Missouri. His television career started more than three decades ago when he interned at CBS News with Julie Chen. He worked at CBS News for 10 years, serving as a producer for programs like The Early Show, 48 Hours and CBS This Morning, before joining the television network, Trio, in 2000. After Trio was bought by Bravo in 2004, Cohen became the Vice President of Original Programming. He later became the Executive Vice President of Development and Talent at Bravo, which he continued to work as until 2013 when he stepped down to focus his efforts on Bravo’s Real Housewives franchise.
The Real Housewives franchise started in 2006 with the premiere of The Real Housewives of Orange County. The original series—which starred five affluent women from Orange County, California—led to the creation of Housewives shows in nine other cities across the United States and the world: New York City, Atlanta, New Jersey, D.C., Beverly Hills, Miami, Potomac, Dallas, Salt Lake City and Dubai. RHODC and RHOD have since been cancelled. In 2009, Cohen also premiered his late-night talk show, Watch What Happens Live With Andy Cohen. He’s also gone on to host his own SiriusXM radio show, Andy Cohen Live, as well as a New Year’s Eve special, CNN’s New Year’s Eve, with his co-host and friend Anderson Cooper.
“There’s never been a point in my career where I haven’t felt like I made it, because I just felt like getting in the door meant that I made it,” Cohen told Variety in 2022. He continued, “I just feel like it’s a fantasy. I came from St. Louis. My family was in the food business. We had no ties to television, no real connections. And so that made it all the cooler for me to kind of figure it out on my own and work my way up.”
So what is Andy Cohen’s net worth and how much does he make from The Real Housewives? Read on for what we know about Andy Cohen’s net worth and how much he makes from The Real Housewives, Watch What Happens Live and other shows.
How much does Andy Cohen make from The Real Housewives?
Image: Nicole Weingart/Bravo/NBCU Photo Bank via Getty Images. How much does Andy Cohen make from The Real Housewives? Cohen is the executive producer and host for all eleven shows in Bravo’s Real Housewives franchise: The Real Housewives of Orange County; The Real Housewives of New York City; The Real Housewives of Atlanta; The Real Housewives of New Jersey; The Real Housewives of D.C.; The Real Housewives of Beverly Hills; The Real Housewives of Miami; The Real Housewives of Potomac; The Real Housewives of Dallas; The Real Housewives of Salt Lake City; and The Real Housewives of Dubai. (D.C. was cancelled in 2010, while Dallas was cancelled in 2021.)
Along with the Real Housewives franchise, Cohen is also the executive producer and host of Bravo’s Watch What Happens Live, as well as hosts the reunions of other Bravo shows such as Below Deck, Below Deck Mediterranean, Below Deck Sailing Yacht, Married to Medicine, Southern Charm, Vanderpump Rules, Shahs of Sunset and Summer House. Before he became the executive producer of The Real Housewives franchise, Cohen was the Executive Vice President of Development and Talent at Bravo and executive producer for Top Chef. So…how much does Andy Cohen make from The Real Housewives? While what Cohen makes from The Real Housewives franchise hasn’t been confirmed, Celebrity Net Worth reports that his annual salary is $10 million, which includes his salary as the executive producer and host of The Real Housewives franchise, his salary as the host of Watch What Happens Live, his salary as the host of other Bravo shows’ reunions, and what he makes from other business opportunities.
“Andy is a creative multihyphenate dynamo, who through his cheeky charm, fascination and fandom, makes you want to hang out with him — either on the seat next to him or on the screen in front of you,” NBCUniversal Cable Entertainment Lifestyle Networks president Frances Berwick said in a statement in 2017 after news Cohen extended his contract with NBC Universal. “He’s an integral part of the Bravo family and brand, and we can’t wait to see where he takes Watch What Happens Live With Andy Cohen next.” The Hollywood Reporter reported in 2012 that Bravo made between $35.6 million to $162 million in ad revenue in from The Real Housewives franchise, a massive increase from before the franchise premiered. The magazine also reported that the cast of The Real Housewives of New York City made $250,000 each for season 5. According to Radar Online, the highest-paid Housewife is Real Housewives of Atlanta star Kandi Burruss, who makes $2.3 million per season.
In an interview with Forbes in 2022, Cohen opened up about how The Real Housewives franchise has had to “constantly” evolve over the years. “We’re thrown curve balls left and right with our talent, sometimes. Things happen very quickly and fans are very quick to react to things. You have to pivot in those ways. You have to pivot when a show is not working and figure out how to fix it,” he said. He also explained why Bravo went international with the franchise for the first time with The Real Housewives of Dubai in 2022. “It has been pretty good, actually. People seem to be really enjoying the show. Certainly the way it’s produced, I think it’s emblematic of what the next wave of the Housewives will look like and what it can look like and it feels modern and refresh and interesting and exciting,” he said.
Cohen also credited The Real Housewives for his success in an interview with Variety in 2022. “‘The Housewives,’ which will be the thing that I wouldn’t be here without and I wouldn’t be getting this star without, it really is a bull’s eye of everything I love: it’s soap operas, it’s dramatic women and it’s reality,” he said. “You just can’t write it. You can never write it, and that’s why I’m still the No. 1 fan, and I’m still totally engaged. I want to see what happens next and it’s why everyone else does. And it’s all in the casting and it’s all in the women. It’s great storytelling, it’s great editing, but overall these women are the stars and we are just all on the ride with them.”
He also told the magazine about his shift from behind the scenes to in front of the camera with Watch What Happens Live in 2009. “I was really excited to be given the opportunity,” he said. “One of the smartest things that I’ve done in my career was that I didn’t go all in on it too quickly. I did not think that I was valuable to Bravo as a host until I was valuable to Bravo as a host, and that took a while. I was still in charge of programming, and then I dialed back my responsibilities to just being in charge of development. I’ve seen so many people misplay their hands that I just wanted to be very careful. And what I knew was that the reason that I was hired was to be a TV producer and to run programming for them, and I wanted to respect that.” He continued, “I am the voice of the viewer and the face of the viewer, so that if I’m not buying something, I’m going to give a look and the viewer will relate to it or respond to it.”
What is Andy Cohen’s net worth?
Image: Nathan Congleton/NBC/NBCU Photo Bank via Getty Images. What is Andy Cohen’s net worth? Andy Cohen’s net worth is $50 million, according to Celebrity Net Worth. Along with what he makes from The Real Housewives franchise and Bravo, Andy Cohen’s net worth also includes what he makes from other hosting jobs, such as his SiriusXM radio show Andy Cohen Live; his New Year’s Eve special, CNN’s New Year’s Eve, which he co-hosts with friend Anderson Cooper; and FOX’s Love Connection, which ran from 2017 to 2018. Andy Cohen’s net worth also includes his publishing career and what he made from books Most Talkative: Stories from the Front Lines of Pop Culture
, The Andy Cohen Diaries: A Deep Look at a Shallow Year
, Superficial: More Adventures from the Andy Cohen Diaries
, and The Daddy Diaries; as well as his Henry Holt and Company imprint, Andy Cohen books.In an interview with Forbes in 2022, Cohen explained how he balances his multiple jobs. “I prioritize. I just look at what I have to do. I look at what my deadlines are. This morning, I got up, I took my daughter to the doctor, I came home, I screened an episode of Dubai. I took a shower, I taped an episode of Watch What Happens Live, I just took a 10-minute nap. So, on and on and on – I pivot every day,” he said. He also revealed what keeps him motivated in his two-decade-plus-long career in television. “There are just different things that energize me and as [The Real Housewives] shows find their groove, I think Ultimate Girls Trip and Beverly Hills are so hot right now and Atlanta and Dubai, so that gives me the energy to go in there and do Watch What Happens Live and create moments,” he said. “We’ve got BravoCon coming up later this year and we just make teeny little tweaks to our format all the time that excite me. We just added a ‘shotski’ siren to Watch What Happens Live to Wednesday nights and it’s fun. We’re just adding to the cocktail that is our show.”
He also revealed the advice he would give to others looking to pursue a similar career. “I would say always follow your passion and just don’t give up,” he said. “If you think it’s a great idea, don’t give up. I also think you really need to be critical on yourself and figure out Is it a good idea? Is it something totally original? I think there are a lot of people who think you should do a reality show on X, Y, or Z, and a lot of times, it’s either something that has been thought of or it’s just not a good idea. So, I think that people need to be self-critical, but if they really believe in it, then they should go for it.” He continued of what he thinks makes a successful business person, “Someone who can build a team, communicate well, figure out what their goals are and how to manifest them. Know what their brand is and someone who can adapt – moving quickly as things happen.”
Lately, Cohen has been focusing much of his time to his children. His first child Ben, was born in 2019 to a surrogate, while his daughter Lucy was born in 2022. “I am tired, but I’m really tired because of the kids, frankly. I’ve got the jobs that I have covered. It’s the kids that are the right turn,” he told NPR’s Morning Edition. “Everything has changed. My axis has changed. My priorities have changed. The way I live my life every day has changed.”
He further expanded on how his kids changed his lifestyle to Yahoo! “It’s a shift, and I think that’s been the gift of having kids late in life,” he says. “When I had my kids, I was financially in a place where I felt comfortable, but I also got to experience being famous for 10 years without having kids. I used to be the guy that had FOMO about missing parties. I wanted to go to the Vanity Fair party every year, and I loved it. It was so exciting. I would fly out for Oscar weekend to go to parties, and you never knew who you were going to meet. And I’m chill now with all of that.
“There’s a scene in my new book where it’s Lucy’s first night home, and there were two really fun parties that night that I was invited to, one of which was going to have a ton of super-cute guys, and you know I like a party with super-cute guys,” he added. “But I felt so grounded and whole with myself being at home. I was, like, Wow, this is a family. I have a family, and they’re both here — there’s two little kids here sleeping. And it just felt like I was floating on air, you know? And suffice to say, five years before, I may not have been in that place.”
The Real Housewives is available to stream on Peacock. Here’s how to watch it for free.
Image: Andy Cohen Books. For more about Andy Cohen and the Real Housewives, read Dave Quinn’s 2021 book, Not All Diamonds and Rosé: The Inside Story of The Real Housewives from the People Who Lived It. The book, which was published by Andy Cohen Books, is described as a “definitive oral history” of the Real Housewives franchise, from its “unlikely start in the gated communities of Orange County” to how it became a “pop culture behemoth” spanning nine cities, hundreds of cast members and millions of fans. Featuring more than 185 interviews with former and current Housewives, producers, Bravo executives and Real Housewives creator Andy Cohen himself, Not All Diamonds and Rosé is an unfiltered and unvarnished look at how the Real Housewives was made and all the behind-the-scenes drama that didn’t make it on screen. “I like to think of Not All Diamonds and Rosé as the ultimate reunion. I know readers will be surprised, entertained, and even shocked at what’s in store,” says Andy Cohen.
Our mission at STYLECASTER is to bring style to the people, and we only feature products we think you’ll love as much as we do. Please note that if you purchase something by clicking on a link within this story, we may receive a small commission of the sale.
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Anderson Cooper’s Net Worth Is His Own Making—His Mother Told Him ‘There’s No Trust Fund’
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As the son of railroad heiress Gloria Vanderbilt, you’d think Anderson Cooper’s net worth would be bloated with millions upon millions in inheritance. But the beloved news anchor didn’t inherit her estimated $200 million estate.
“My mother’s made clear to me there’s no trust fund,” he told Howard Stern in 2014, prior to his mom’s death in 2019, and he explained why he was grateful there wasn’t. “I don’t believe in inheriting money… I think it’s a curse. From the time I was growing up, if I felt like there was some pot of gold waiting for me, I don’t know if I would have been so motivated.”
Rather, the beloved broadcaster has forged his own path to a massive fortune all his own (of course, there are benefits and privileges that come with being a “nepo baby” outside of financial ones), building a significant net worth thanks to his successful career with CNN as a correspondent, talk show host and political commentator. He’s won 18 Emmy Awards, and two Peabody Awards and was given a National Order of Honour and Merit by the Haitian government for his coverage of the 2010 Haiti earthquake. Read on to find out about Anderson Cooper‘s net worth.
What is Anderson Cooper’s net worth?
Anderson Cooper’s net worth is said to be around $50 million, according to Celebrity Net Worth. He was born in Manhattan, New York, the younger son of author Wyatt Emory Cooper and socialite/artist Gloria Vanderbilt, who was a direct descendent of shipping and railroad magnate Cornelius Vanderbilt and the last to carry his name.
Photo by Susan Wood/Getty Images When Cornelius, Cooper’s great-great-grandfather, died in 1877, he had a net worth of $100 million—$2.7 trillion adjusting for inflation. It was “an insane amount of money today, but in 1877 it boggled the imagination,” Cooper explained on an episode of The Late Show with Stephen Colbert. “One out of every 20 dollars in circulation belonged to Commodore Vanderbilt… He had more money than the US Treasury.”
In his book, Vanderbilt: The Rise and Fall of an American Dynasty
, Cooper examined the history of his family on his mother’s side, chronicling how their massive fortune had dwindled to almost nothing by the time it fell to Cooper’s mother Gloria. Passing away at age 45 due to alcoholism, her father Reginald died in debt and his account held a little over $423,000. Though thanks to a trust fund locked away by her grandfather, Cornelius Vanderbilt II, Gloria inherited $2.5 million (or about $36 million by today’s standards).Growing up, Cooper became more aware of how money affected his upbringing, he told CBS Sunday Morning, “I view the money as kind of a pathology that infected subsequent generations, because I think they all grew up with this idea that there would always be money there, and there was no need for them to actually work.”
He continued after overhearing a conversation from his mother, “She just never had a plan. She just felt like – I once heard, I think I was, like, 14 or 15, I remember I was going upstairs in the house and I heard her on the phone saying to a friend of hers, ‘Well, I’ll always be able to make money.’ And I remember stopping and freezing when I heard that and thinking, ‘We are doomed.’”
And that for me was a huge factor in, I started working as much as I could. I got a job as a child model, ’cause when you’re 13, 14, there’s not a lot you can actually do,” the anchor said. “Work for me has been the thing which has gotten me through everything. Work has always been the one constant in my life from the time I was, you know, working as a child model as a kid. It was something that was reliable, that helped me calm myself, and, you know, know that I was building a foundation for a life.”
Cooper said there was “no trust fund” in his mother’s will but upon her death, age 95, Page Six revealed Vanderbilt’s will, which was filed in Manhattan surrogate court, actually did leave Cooper with almost all of her estate in the form of property. While the sum wasn’t known at the time, it was later discovered to be less than $1.5 million. Cooper will follow in his mother’s footsteps by not leaving much to his sons Wyatt and Sebastian, except paying for their college education. “I don’t believe in passing on huge amounts of money,” the CNN anchor, 54, told Air Mail’s Ashley Baker and Michael Hainey on their Morning Meeting podcast before the birth of his second child. “I’m not that interested in money, but I don’t intend to have some sort of pot of gold for my son. I’ll go with what my parents said … ‘College will be paid for, and then you gotta get on it.’”
Cooper shares sons Wyatt, born in April 2020 and Sebastian, born February 2022, with ex-partner Benjamin Maisani, who were both born via surrogate. While the couple is no longer together (they split in 2018), they remain the best of friends and co-parent their two boys successfully. “It’s awesome. It’s probably an unusual setup, but I knew he would be a great dad, and he is. We’re exes, but we’re family to each other, and we love each other as family and as co-parents,” Cooper told People. “There’s the usual bickering that any two people have when there’s a kid involved, like what time should he go to swimming class, or should he wear the overalls, or whatever,” he admits, adding, “But all silly, minor things. We get along great.”
He also said, “I’ve always believed that if you’ve been with somebody and that ends, in terms of an intimate relationship, if you love somebody, there’s no reason why that love shouldn’t continue.”
In 2023, Cooper revealed that he’s planning to use the same tactic as his parents for their inheritance. “My dad made clear to me there wasn’t a Vanderbilt fortune waiting for me,” he told People. “In retrospect, I’m really glad he did that because from the get-go, it just made it clear that whatever my mom’s past was, it had nothing to do with me from a financial standpoint. That set me out very early on a course of wanting to work and find out what I was passionate about. I want my kids to figure out what drives them, and I want to help them figure that out.”
Photo by Jenny Anderson/WireImage Cooper has a beach house in the coastal Brazilian town of Trancoso and famously renovated an old, 19th-century firehouse in New York’s Greenwich Village, which he paid $4.3 million for in January 2010. The property boasts four floors and over 8,240 square feet. In 2015, the property served as the set for an H&M advertisement starring David Beckham and Kevin Hart.
In 2021, Cooper listed the apartment left to him by his late mother for sale at 30 Beekman Place on the east side of Midtown Manhattan—a classic five on the second floor—for $1.12 million with monthly maintenance setting the owner back $4,311. It was priced modestly, noted the New York Times at the time, saying: “The apartment is on a low floor, has a high maintenance and is in a neighborhood that is slightly off the beaten track. Also, unrenovated since 1997, when Ms. Vanderbilt moved in, it needs a total rehab.” It sold in a mere few months after hitting the market.
“When I was growing up, we moved every four years,” Cooper told the Times, reflecting on his time spent in the apartment. “My mom was always remodeling and redecorating, never quite satisfied with the story the room was telling at the time. Moving would be part of that. She would get restless with a place. For her to stay in this apartment for 23 years, which for my mom is an eternity, it had to change. I think she got tired of all the moving, and she decided to burrow into this place and just work on it.”
What is Anderson Cooper’s CNN salary?
As the host of CNN’s Anderson Cooper 360, Cooper earns a chiefly annual salary of $12 million. Cooper embarked on his journalism career after graduating from Yale with a Bachelor of Arts degree, studying political science and international relations.
He became a correspondent for ABC news in 1995 and was promoted to co-anchor of World News Now in September 1999. He joined CNN in 2001 anchoring alongside Paula Zahn on American Morning and a year later became the weekend prime-time anchor for the network. Cooper was given his own show, Anderson Cooper 360, on September 8, 2003. In 2007, he signed a multi-year deal with CNN that would also allow him to continue to occasionally contribute as a correspondent for 60 Minutes on CBS. He doubled his annual salary from $2 to $4 million.
As mentioned, Cooper has won numerous awards for his coverage of significant world events. In 1997, his reporting on Princess Diana’s funeral won him an Emmy; in 2005 he received a Peabody for covering Hurricane Katrina; and won two Emmys in 2011 for his coverage of the Haiti earthquake.
During the 2016 presidential election, Cooper’s profile was bolstered significantly. He was in the running to become Kelly Ripa’s co-host on ABC’s Live permanently—he was Ripa’s top choice to replace Michael Strahan. But Cooper said staying at CNN was a top priority, per the Hollywood Reporter. He signed a new long-term deal to remain at the news network, although would continue to fill in on the program as well as contribute several pieces for CBS’s 60 Minutes each season.
Cooper has hosted CNN’s New Year’s Eve Live since 2002 and has appeared alongside Andy Cohen since 2017. They’ve become somewhat of an institution for their on-screen antics. “Anderson and I will be the people partying on CNN [though] we will be partying responsibly,” Cohen told Rolling Stone. “My job is to take Anderson out of his comfort zone [and] my job is to be a party ringleader for everyone watching us on New Year’s Eve. And that is what I will continue to do. And as a matter of fact, if the correspondents are not drinking this year, I will be partying even harder on their behalf.”
He continued: “One of the very cool things about doing New Year’s Eve with Anderson is that I don’t have to plan anything, New Year’s Eve is a holiday that stresses people out; it rarely delivers. For me now, this is going to be my sixth year, and it has delivered every year. I absolutely love it.”
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Sophie Hanson
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The ‘Anti-Defeat’ Candidate
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Like many politicians, Representative Dean Phillips likes to look people in the eye. And because he’s a politician, Phillips can glean things, just as President George W. Bush did when he peered into Vladimir Putin’s eyes and saw his soul.
“I’ve looked Benjamin Netanyahu in the eye,” Phillips told a group of students at Dartmouth College, in Hanover, New Hampshire, last week.
And?
“I did not like what I saw,” Phillips said of the Israeli prime minister. “I do not like his government. He’s got to go.”
Philips has also looked into Donald Trump’s eyes. That, too, was ominous. It was a few years ago, and the former president had invited a bunch of new House members to the White House for an introductory visit.
“I looked him in the eye for the better part of an hour,” Phillips told me.
And?
“I saw right through him,” Phillips said. “I know exactly how to handle weaklings like Donald Trump.”
How?
“You’ll see,” he said. “Why would I give away my special sauce?”
Phillips was telling me this while tucked into the back of a minivan, having just set off on a 90-minute ride from Hanover to Manchester. He wore a down vest over a blue dress shirt and looked me straight in the you-know-what as he described the “gravity of this entire circumstance” he was now embarked upon.
He had just concluded one of his early days as an official primary challenger to President Joe Biden, the incumbent he must first dispatch before he can douse Trump with his proprietary Dean Sauce. Phillips is pursuing this mission despite long odds and an unsurprising chorus of how dare yous and not helpfuls from various Democratic gatekeepers. He has already said plenty about why he is doing this—about how Democrats are desperate for a Plan B to Biden, who Phillips says has no business seeking reelection at his age (81 on Monday), with his poll numbers and the catastrophic threat of his likely GOP opponent (yes, him). Phillips agonized over his decision and unburdened himself in multiple forums, including, quite expansively last month, to my colleague Tim Alberta.
I was in New Hampshire because I wanted to see Phillips transition from theoretical to actual challenger. It is one thing to scream warnings about alarming data, and another to segue into the granular doings of a campaign. “This is an all-hands-on-deck initiative,” he told me, his words landing somewhere between hyper-earnest and naive, with occasional tips into grandiose. Phillips, 54, is a figure of uncommonly big plans and weighty burdens, especially given his relatively modest station (he has represented Minnesota’s Third Congressional District since 2019). He seems sincere about what he’s doing, especially compared with the two-faced default of so many elected Democrats who tout Biden’s reelection in public while privately pining for some other candidate, like Gretchen Whitmer, the Rock, or whomever they want instead. In this sense, Phillips’s gambit is noble, even necessary. It can also be lonely and awkward to watch up close.
Since entering the race a month ago, Phillips has held a series of mostly low-key events in New Hampshire and has made a stop in South Carolina. I first encountered him during a heartfelt give-and-take with half a dozen members of the Dartmouth Political Union. “This is a beautiful American moment,” Phillips declared after a dialogue about abortion policy with a polite young Nikki Haley supporter. Later, at a town hall across campus, Phillips described that bridge-building exchange as “one of the most profound hours of engagement” he’s had in a long while and something “I will remember for years to come.”
Phillips told me that his initial campaign forays have only—surprise—reaffirmed the premise of his errand: “Other than some Democratic elected officials, and only a few of them, I’ve not yet encountered a single person who doesn’t feel the same way,” he said, about the need for a Biden alternative. His go-to weapon against the president is public opinion, for which Phillips keeps getting fresh ammunition. “I want to give you some simple data,” he said during a meet and greet with about 50 students, faculty, and community members before the town hall. He mentioned a recent survey of voters in battleground states that had Biden trailing Trump by four points, 48–44. “But then you look at how Trump does against a ‘generic Democrat,’” Phillips said, “and the generic Democrat wins 48–40.” Heads bobbed in the classroom; Phillips shook his in exasperation.
Phillips himself is polling at just 10 percent among likely New Hampshire Democratic-primary voters, according to a CNN survey released last week that had Biden at 65 percent. During our car ride, I suggested to Phillips that maybe he should change his name to “Generic Democrat.”
“I never in my life aspired to be generic,” he replied, chuckling.
Primary challenges to incumbent presidents have historically been associated with signature causes and fiery rhetoric. They tend to be ideologically driven—such as Ted Kennedy’s challenge to President Jimmy Carter from the left in 1980 and Pat Buchanan’s to President George H. W. Bush from the right in 1992. No one will mistake Phillips for a brawling populist. He is affable, well mannered, and extremely rich, with a net worth of about $50 million, some portion of it derived from the gelato-and-sorbet company—Talenti—that he co-owned before it was sold.
Still, Phillips frequently brings up the late Senator Eugene McCarthy, a fellow Minnesota Democrat, whose uprising against President Lyndon B. Johnson in 1968 helped push Johnson to not seek reelection. The comparison is fraught in that Democrats wound up nominating another Minnesotan, Hubert Humphrey, who went on to lose to Richard Nixon. Carter and Bush also lost their general elections. This tends to be the main critique of Phillips: that his project could weaken Biden against Trump.
One student at Dartmouth questioned Phillips about the 1980 example, arguing that Kennedy was the reason that Carter was ultimately blown out by Ronald Reagan. Phillips came back with a lengthy and somewhat defensive response. “Ted Kennedy didn’t cause Carter’s problems any more than I’ve caused Joe Biden’s problems,” he said. The student nodded and thanked the candidate, who in turn thanked the student—and another beautiful American moment was forged.
“I am the anti-defeat candidate,” Phillips said, describing his enterprise to me later. “I am the truth-telling candidate.” “Truth-telling” is of course subjective, in campaigns as in life. Phillips then told me about a visit he’d made to a Hanover restaurant that day. After a series of “wonderful conversations” with random diners, he’d encountered a young woman who “I sensed was not showing any compassion for butchered Israelis”—a reference to the Hamas attacks on October 7. So Phillips, who is Jewish, paused the conversation and asked a question of his own. “I said, ‘Are you telling me that you support Hamas?’” Phillips said. “And she goes, ‘Yes.’” At which point, he’d heard enough.
“I said, ‘Look, I really enjoyed our conversation, but I can’t continue this.’”
“Wait, did you really enjoy that conversation?” I interrupted, questioning his truth-telling.
“I’ll tell you what, that’s a good point,” Phillips acknowledged. “I did not enjoy it.”
In that spirit of engaging with people of different backgrounds and persuasions, Phillips frequently invokes his friendship with Rashida Tlaib, the only Palestinian American in Congress, who was censured by the House this month for her comments about Israel. Phillips refers to Tlaib as “my Palestinian sister” and to himself as “her Jewish brother.”
I pressed Phillips on the state of his relations with Tlaib. “It’s as difficult as ever and more important than ever,” he said. He then raised the stakes even higher. “I believe that as Rashida Tlaib and Dean Phillips go, so will the Middle East,” he said. (A lot of pressure there!)
As our nighttime ride persisted southeast down Interstate 89, the conversation took some quick turns.
“Is Kamala Harris prepared to step in if something happened to Biden?” I asked Phillips.
“I think that Americans have made the decision that she’s not,” he said.
I replied that I was interested in the decision of one specific American, Dean Phillips.
“That is not my opinion,” Phillips clarified. He said that every interaction he’s had with the vice president has been “thoughtful” and that “I’ve enjoyed them.”
“That said …” Phillips paused, and I braced for the vibe shift.
“I hear from others who know her a lot better than I do that many think she’s not well positioned,” he said of Harris. “She is not well prepared, doesn’t have the right disposition and the right competencies to execute that office.” Phillips also noted that Harris’s approval numbers are even worse than Biden’s: “It’s pretty clear that she’s not somebody people have faith in.”
But again, Phillips is not one of those people: “From my personal experiences, I’ve not seen those deficiencies.”
If Phillips had looked me in the eye at that moment—and granted, it was dark in the back of the van—he would have seen a slightly confused expression. Why was he hiding behind these Trumplike “many people are saying” attributions? Similarly, he often speaks in glowing terms about Biden’s performance in office—“his administration has been quite extraordinary”—while leaning heavily on “the opinion of others” or “the data” to make his case that the president himself needs to go. Phillips can seem torn at times as he attempts to hedge his way through somewhat contradictory impulses: to give Biden his proper due while also trying to end his career.
I asked Phillips what would happen if his campaign really takes off—he wins a bunch of primaries—and then Biden tries to placate the insurgents by dumping Harris in favor of their hero, Dean Phillips. Would he agree to serve as Biden’s new understudy?
I anticipated the “I’m not answering hypothetical questions” blow-off that they teach in Candidate School. But Phillips apparently skipped class that day. “That’s a really interesting question,” he said, before letting me down gently.
“President Biden will never replace Vice President Harris on the ticket, ever,” he said.
For the record—bonus nugget—Phillips predicts that Trump will select Robert F. Kennedy Jr. to be his running mate. “And they will be very difficult to beat,” he fears. These are the kinds of empty punditing calories that get passed around during long drives on chilly campaign nights.
As we approached Manchester, Phillips flashed back to reality, or something. “I am the best positioned to defeat Donald Trump,” he said. “All I’m focused on right now is to run a spirited, thoughtful, and energetic campaign.”
“What about ‘vigorous’ and ‘robust’?” I asked.
“Yes, yes,” Phillips said, nodding. It was getting late, and we were both getting a bit punchy.
“And bold,” he added.
Our van pulled into the Manchester DoubleTree just before 10 p.m. Phillips had to wake up in a few hours to catch a 6:15 a.m. flight back to Washington. He looked me in the eye. I’m not sure what he saw, or what I saw, but I wished him luck.
“I’ve enjoyed this,” Phillips said.
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Mark Leibovich
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Priscilla Presley’s Net Worth Includes ‘Millions’ In Daughter Lisa Marie’s Trust Settlement
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As the ex-wife of the King of Rock and Roll, most Elvis fans want to know what Priscilla Presley’s net worth is.
Elvis Presley married Priscilla on May 1, 1967 after several years of courting. The two had a daughter, Lisa Marie born February 1, 1968. The Presleys separated in 1972 after she had an affair with her karate instructor and he had constant affairs with his co-stars. But after the “All Shook Up” singer’s death, Priscilla presided over his estate through their daughter’s inheritance until she was old enough.
Elvis & Me by Priscilla Presley
Elvis & Me by Priscilla Presley
Sofia Coppola adapted the memoir into a biopic film about their marriage in 2023. Priscilla was asked what it was like to see her life portrayed in such a way. “It’s very difficult to sit and watch a film about you, about your life, about your love,” Priscilla said, becoming visibly emotional: “Sofia did an amazing job. She did her homework, we spoke a couple of times and I really put everything out for her that I could.”
“It was very difficult for my parents to understand that Elvis would be so interested in me and why,” she said. “And I really do think because I was more of a listener. Elvis would pour his heart out to me in every way in Germany: his fears, his hopes, the loss of his mother — which he never, ever got over. And I was the person who really, really sat there to listen and to comfort him. That was really our connection. Even though I was 14, I was actually a little bit older in life — n
In January 2023, two weeks after Lisa Marie’s death, Priscilla filed legal documents to dismiss an amendment in Lisa Marie’s trust, according to TMZ. As reported, Priscilla and Elvis’ manager, Barry Siegel, were named trustees of Lisa Marie’s trust after her father’s death in 1977. Between that time and Lisa Marie’s death, there was an amendment in the trust replacing Priscilla and Siegel as trustees and appointing Lisa Marie’s eldest children, Riley and Benjamin, instead. Priscilla claimed in 2023 legal filings that the amendment may be fraudulent as it was never delivered to her. She also contended that the date seemed suspicious, the document misspelled her name, and Lisa Marie’s signature “appears inconsistent with her usual and customary signature.” Priscilla filed for the amendment to be declared invalid.
On May 16, 2023, a settlement between Priscilla Presley and Lisa Marie’s estate was made after months of legal battle. TMZ reported that the settlement was worth several million dollars. “All parties have reached a settlement and the families are happy,” Priscilla’s lawyer, Ronson J. Shamoun, told Entertainment Tonight. “They are very excited for the future.” Riley’s lawyer, Justin Gold, shared the same sentiment, telling the site, “Riley is very happy. She’s a remarkable woman and her future is bright.”
So what is Priscilla Presley’s net worth? Read more to find out.
What is Priscilla Presley’s net worth?
Image: Jon Kopaloff/Getty Images What is Priscilla Presley’s net worth? Priscilla Presley’s net worth is around $50 million according to Celebrity Net Worth. After her divorce from Elvis, she received a $725,000 cash payment, child support, spousal support, 50% of the proceeds from the sale of their home in Beverly Hills, and 5% of the royalties from Elvis’ publishing companies, according to the net worth site. She also opened up a boutique called Bis & Beau that attracted clients like Diana Ross, Barbra Streisand and Cher.
After Elvis’ death, the beneficiaries of Elvis’ trust were Vernon; Lisa Marie; and Elvis’ grandmother, Minnie Mae Presley. Because Lisa Marie was 9 years old at the time of her father’s death, her inheritance was held until her 25th birthday. Vernon was an executor of Elvis’ will while Lisa Marie had a trust for her father’s inheritance. Elvis’ famous residence Graceland was part of the trust, but upkeeping efforts made Lisa Marie’s trust shrink. Priscilla ended up turning the residence into a very successful international tourist attraction as well as becoming president and chairwoman of Elvis Presley Enterprises. The estate reportedly earns $10 million in a typical year.
After Lisa Marie’s death in 2023, Graceland and her trust were inherited by her daughters, Riley Keough and Harper and Finley Lockwood, a representative for Graceland confirmed to People. Lisa Marie shared Riley with her ex-husband, Danny Keough, whom she divorced in 1994. She shared twins Harper and Finley with her ex-husband Michael Lockwood, whom she separated from in 2016 and divorced in 2021. Lisa Marie’s son Benjamin Keough, whom she shared with Danny, died by suicide in 2020. He was 27 years old.
Image: Courtesy of Everett Collection. The matter escalated within the family according to a source via Entertainment Tonight on February 16, 2023. “It has been a very tense and heartbreaking few weeks for both Riley and Priscilla. Riley has been mourning the loss of her mother and is heartbroken to have to deal with a trust dispute with a family member. Priscilla is adamant that she has a valid case and that she will prevail in court. Riley and Priscilla aren’t communicating at this time, but have been in communication through lawyers,” the source shared. The source added that while “they are both gearing up for court, Riley would prefer to settle this dispute privately.”
On how Lisa Marie’s daughter feels about the situation, the source added, “She is heartbroken that this has turned into a public matter and knows her mother would never want this. Riley is very stressed at the moment and has been trying to keep a positive attitude and outlook ahead of her new series coming out,” the source says of Riley’s role in Daisy Jones & The Six. “Her daughter and husband have been keeping her in good spirits.” However, Priscilla feels that she “is right in her heart,” when it comes to her late daughter’s trust. “She is convinced that old documents had been forged,” the source confirmed.
Priscilla revealed a statement about the situation via Entertainment Tonight in January 2023. “I loved Elvis very much as he loved me. Lisa is a result of our love,” Priscilla said. “For anyone to think anything differently would be a travesty of the family legacy and would be disrespectful of what Elvis left behind in his life. There is an individual that bought their way into the family enterprise that is trying to speak on behalf of our family. This person is not a representative of Elvis or our family,” she added, without sharing whom she was referring to. “Please allow us the time we need to work together and sort this out. Please ignore ‘the noise.’ As I have always been there for Elvis’ legacy, our family and the fans, I will continue to forge a pathway forward with respect, honesty, dignity, integrity and love.”
Joel Weinshanker, a Managing Partner at Elvis Presley Enterprises, revealed that he was in favor of Riley maintaining her trustee role after her mother’s death. “When Elvis passed away, he left everything to his little girl. He did so knowing that she would be the one to keep his legacy going,” he said on SiriusXM’s Elvis Radio. “I can tell you that [Lisa Marie] has, without falter, no matter what else was happening in her life, in her career, always been the one to look at what was best for Elvis… regardless of what somebody else was trying to do, regardless of what another family member [was trying to] do.”
“We just want to think about what Lisa would’ve wanted and that’s what’s best for Elvis. She never had a doubt in her mind that that’s Riley,” Joel continued. “There’s no question on anyone’s mind [because] Lisa had spoken [about] it, there’s numerous amounts of written information, she had talked to so many of her friends about it. There was never a question, and anybody who’s speaking differently isn’t looking out for Elvis, isn’t looking out for Lisa, certainly isn’t looking out for Riley.”
After Vernon’s death in 1979, Priscilla was named as one of three trustees in Elvis’ will. The other trustees were the National Bank of Commerce in Memphis and Joseph Hanks, who had been Elvis’ accountant. After Minnie Mae’s death in 1980, Lisa Marie became the only surviving beneficiary. Lisa Marie inherited Elvis’ whole estate on her 25th birthday on February 1, 1993.
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Taylor Swift Just Became 1 Of Just a Handful of Artists To Make 10 Figures
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With more than 10 Grammys, seven number-one hits and hundreds of sold-out concerts, it’s no wonder Taylor Swift‘s net worth has been a hot topic of discussion among Swifties for more than a decade.
Swift came onto the music scene in June 2006 with her first single, “Tim McGraw,” from her debut self-titled album. The album, which peaked at number 5 on the Billboard 100, included country hits like “Teardrops on My Guitar,” “Our Song” and “Should’ve Said No,” but it wasn’t until Swift released her second album, Fearless, in November 2008 that she blew up into the megastar singer-songwriter we know today.
The album, which included hits like “Love Story” and “You Belong With Me,” won Swift her first Grammy for Album of the Year in 2010, making her the youngest artist to take home the award until Billie Eilish in 2020. In 2009, Swift also won her first MTV Video Music Award in the Best Female Video category for “You Belong With Me.” (The moment was also the start of her feud with Kanye West, who crashed her speech to state that Beyoncé deserved the award instead for “Single Ladies.”) After Fearless, Swift went on to release seven more albums—Speak Now, Red, 1989, Reputation, Lover, Folklore and Evermore—and win Album of the Year another time in 2016 for 1989. (She is nominated for Album of the Year again for Folklore at the 2021 Grammys.) In 2021, Swift released her first re-recorded albums, Fearless (Taylor’s Version) and Red (Taylor’s Version)
.The re-recordings came after her former record label, Big Machine Records, and her former manager, Scott Borschetta, sold the rights to her music to music manager Scooter Braun (who works with artists like Justin Bieber and Ariana Grande) and his company, Ithaca Holdings. (More on that later.)
Despite her success, Swifties know that her career has been nothing short of a rollercoaster. Ahead is what we know about Taylor Swift‘s net worth and the many milestones she had to overcome to become the multi-millionaire she is today.
What is Taylor Swift’s drama with Scooter Braun?
In November 2018, Swift left her former record label, Big Machine Records, which she had been with for 12 years, and signed with Universal Music Group in a deal worth a reported $200 million. The deal, which also provided better terms for Universal artists on Spotify, allowed Swift to maintain ownership of the master recordings of any new music she recorded with Universal.
In June 2019, news broke that talent manager Scooter Braun, whose clients include Justin Bieber and Ariana Grande, had acquired the masters of Swift’s first six studio albums from Big Machine Records for $300 million. After the news, Swift slammed Braun as an “incessant, manipulative bully” on her social media, revealing that she had tried to buy her masters from Big Machine Records but couldn’t because of the label’s unfavorable conditions.
“For years I asked, pleaded for a chance to own my work. Instead I was given an opportunity to sign back up to Big Machine Records and ‘earn’ one album back at a time, one for every new one I turned in,” Swift wrote at the time. “I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future. I had to make the excruciating choice to leave behind my past. Music I wrote on my bedroom floor and videos I dreamed up and paid for from the money I earned playing in bars, then clubs, then arenas, then stadiums.”
She ended her statement, “Thankfully, I am now signed to a label that believes I should own anything I create. Thankfully, I left my past in Scott’s hands and not my future. And hopefully, young artists or kids with musical dreams will read this and learn about how to better protect themselves in a negotiation. You deserve to own the art you make.”
A year later, Swift announced her decision to re-record her first six albums—Taylor Swift, Fearless, Speak Now, Red, 1989 and Reputation—after she failed to buy back her masters again. Her first re-recorded album, Fearless (Taylor’s Version), was released April 2021. Her next re-recorded album, Red (Taylor’s Version), debuted in November 2021. Swift released her first album with Universal Music Group, Lover, in 2019. The album was followed by two more releases, Folklore and Evermore, in 2020. “When I think back on the Fearless album and all that you turned it into, a completely involuntary smile creeps across my face,” Swift wrote on her social media after she announced the re-recording of Fearless. “This was the musical era in which so many inside jokes were created between us, so many hugs exchanged and hands touched, so many unbreakable bonds formed. So before I say anything else, let me just say that it was a real honor to get to be a teenager alongside you.”
She released her 10th album, Midnights, in 2022. “We lie awake in love and in fear, in turmoil and in tears. We stare at walls and drink until they speak back. We twist in our self-made cages and pray that we aren’t—right this minute—about to make some fateful life-altering mistake,” she wrote in an Instagram post at the time describing the theme of Midnights. “This is a collection of music written in the middle of the night, a journey through terrors and sweet dreams. The floors we pace and the demons we face. For all of us who have tossed and turned and decided to keep the lanterns lit and go searching—hoping that just maybe, when the clock strikes twelve…we’ll meet ourselves.” She continued, “Midnights, the stories of 13 sleepless nights scattered throughout my life, will be out October 21. Meet me at midnight.”
Image: Courtesy of Republic Records. What is Taylor Swift’s net worth?
The question we all want to know. How much is Taylor Swift’s net worth? According to Bloomberg, Swift’s net worth has catapulted to billionaire status thanks to her 2023/24 Eras Tour, becoming one of the few recording artists to build a 10-figure fortune almost entirely from her music, “the result of work and talent, but also canny marketing and timing,” the research points out.
“In addition to being a generational talent, Taylor Swift is a great economist,” Carolyn Sloane, a labor economist at the University of Chicago, told the news outlet. “Taylor has great ideas, is able to scale her ideas and seems to be pretty risk-seeking.”
The singer’s 53 US concerts in 2023 alone added $4.3 billion to the country’s gross domestic product, according to estimates from Bloomberg Economics. Indeed, the bulk of Swift’s income comes from her tours. Swift’s first concert tour, the Fearless Tour, in 2008 and 2009 brought in $75 million, according to Business Insider.
Her 1989 World Tour in 2015 was named the highest-grossing tour of that year. In 2018, Swift’s Reputation Stadium Tour broke the record for the highest-grossing U.S. stadium tour of all time with $345 million from 38 shows, which equals to about $9 million per show. (The previous record was held by The Rolling Stones, whose “A Bigger Bang Tour” from 2005 to 2007 grossed $245 million across 70 shows.)
Swift’s net worth also includes her massive real estate portfolio. So far, she owns eight properties, including her $29 million estate in Beverly Hills, her $20 million duplex in New York City and her $17 million mansion in Rhode Island. According to Business Insider, she also owns two private jets worth $40 million and $58 million each.
Since her rise to fame, Swift has also been the face of campaigns for brands like CoverGirl, Keds, Diet Coke and Capital One. She also has an album promotion deal with Target, and has worked with brands like AT&T, Walmart, Apple Music and XFinity.
What is Taylor Swift’s cat’s net worth?
What is Taylor Swift’s cat’s net worth? Swift has three cats: two Scottish Folds named Meredith Grey and Olivia Benson after the main characters of Grey’s Anatomy and Law & Order: Special Victims Unit, and a Ragdoll named Benjamin Button after the 2008 movie, The Curious Case of Benjamin Button. According to the 2023 Ultimate Rich Pet List, Olivia Benson is the the third richest pet in the world. “With a whopping $97 million net worth, Olivia has found success outside of the world of Instagram influencing,” the website reports. “The Scottish Fold earned her fortune starring alongside her owner in several music videos, has crafted her own merchandise line, and has had cameos in many big-budget ads, including for the likes of Diet Coke and Ned Sneakers.”
Olivia Benson also made a cameo in the music video for Swift’s 2014 song “Blank Space,” as well as starred in an AT&T commercial alongside her owner. Number one on the Pet Rich List is German shepherd, Gunther VI, who is worth $500million and is owned by the Gunther Corporation. Number two on the list is Nala Cat, a feline who is worth $100 million and has more than four million followers on Instagram at the time of writing this.
What is Taylor Swift’s real estate worth?
What is Taylor Swift’s real estate worth? According to Forbes, Taylor Swift’s real estate is worth around $150 million. Swift brought her first home in Nashville as her first significant real-estate purchase, paying $1.99 million through a trust for a roughly 4,000-square-foot, three-bedroom penthouse at the Adelicia condominium near the iconic Music Row.
Her properties include a coastal mansion at Westerly, Rhode Island worth $30 million where she throws Fourth of July parties.“I got the house when I was in my early twenties as a place for my family to congregate and be together,” Ms. Swift told Entertainment Weekly in 2020, adding that she quickly became fascinated with tales of Ms. Harkness and the home’s history. “Anyone who’s been there before knows that I do ‘The Tour,’ in quotes, where I show everyone through the house. And I tell them different anecdotes about each room, because I’ve done that much research on this house and this woman.” After her residence on the famed Cornelia Street townhouse in New York City, Swift moved into the TriBeCa neighborhood where her apartment is worth $45 million. She also has a residence in Beverly Hills where her house with worth around $70 million.
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Bad Bunny’s Net Worth Reflects All His Record-Breaking Albums & Tours
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After an explosive year filled with many awards and nominations, many Benito fans are wondering: what is Bad Bunny’s net worth?
The Puerto Rican rapper made history when his fourth studio album Un Verano Sin Ti was nominated for Album Of The Year at the 2023 Grammy Awards. It’s the first Spanish-language album to be nominated for the most notable and sought-after music nomination in the world. The “Tití Me Pregunta” artist was also nominated for Best Música Urbana Album and Best Pop Solo Performance for his song “Moscow Mule.”
The awards and glory won’t stop flowing for the “Me Porto Bonito” star. He’s also been nominated for ten Latin Grammy Awards and eight American Music Awards where he was nominated for Artist of the Year. Un Verano Sin Ti is the first-ever album to be nominated for Album of the Year at both the GRAMMYs and the Latin GRAMMYs. Last year, he won four Latin Grammys and took home Grammys for Best Latin Pop Album and Best Musica Urbana for YHLQMDLG and El Último Tour Del Mundo in 2021 and 2022. We expect his net worth to explode following these record-breaking nominations. Read on to find out how much is Bad Bunny‘s net worth.
What is Bad Bunny’s net worth?
What is Bad Bunny’s Net Worth? According to Celebrity Net Worth, Bad Bunny’s net worth is estimated to be around $40 million. A large amount of the revenue came from when he was Spotify’s most-played artist globally in 2020. He set a record-breaking 18.5 billion streams and had the top album of 2020, YHLQMDLG, raking in 3.3 billion streams on its own, In 2023, Un Verano Sin Tí became the most streamed album of all time on Spotify. His latest album Nadie Sabe Lo Que Va a Pasar Mañana’ is 2023’s most-streamed album in a single day on Spotify.
Image: Jon Kopaloff/Getty Images Touring also largely influenced Bad Bunny’s net worth, breaking record after record. “It had such unprecedented success in terms of being one of the fastest and highest selling tours of all time, breaking records left and right,” Bad Bunny’s music agent at United Talent Agency, Jbeau Lewis, told Pollstar. “There were situations where we would sell out one of the arenas, and we would know that there were 200,000 or 300,000 people still waiting in the online queue to try and buy tickets. We were able to extrapolate that data to know how many more tickets we could have sold had they simply been available.”
The combination of his stage presence and his music made him monumental in the music business. “This is something of a phenomenon […] The way he’s on stage is unmatched, and the fan engagement,” Alex Cárdenas, director of touring at Cárdenas Management Network (CMN), told Pollstar. “We knew the shows were going to do well, and we would do multiple dates in various cities where he’s done well in the past. But were we expecting to sell out in a couple of minutes and see Platinum [seats] get to that average? No. I think it took everybody, even the management, by surprise. It’s something we’re probably not going to see [again] in our lifetime.” His World’s Hottest Tour in 2022 grossed $314.1 million and sold 1.9 million tickets, re-setting the record for the biggest Latin tour ever.
Born Benito Antonio Martínez Ocasio in the Almirante Sur barrio of Vega Baja, Puerto Rico, Bad Bunny rose to prominence on SoundCloud when he started making his own mixes. He signed to Hear this Music after gaining popularity on the streaming site. He started appearing on Latin TV more and collaborated with artists like J Balvin, Prince Royce, and Ozuna. His songs “Si Tu Novio Te Deja Sola” with J Balvin and “Sensulidad” climbed the Latin Charts. The song that ultimately launched him into stardom was “I Like It” with Cardi B and J Balvin and it was an instant classic when it topped the Billboard 100 Charts for several weeks. He later signed with Rimas Entertainment to release his debut album X 100pre. Rolling Stone listed it as number 41 on the 100 Best Debuts Albums of All Time list.
In an interview with GQ, he revealed how it felt to suddenly be in the spotlight. “It’s like I was in a coma,” he recalled. “As if, suddenly, two years of my life went by in a week, because of this sudden boom. I still work every day now, but during that time it was really weird. It was as if they had taken an animal from the jungle to the zoo. I was in the zoo for two years doing the same thing I did in the jungle, only I wasn’t in the jungle.”
In an interview with GQ he explains his global audience and the impact they have on his songwriting process. “I never made a song thinking, ‘Man, this is for the world. This is to capture the gringo audience.’ Never,” Bad Bunny said “On the contrary, I make songs as if only Puerto Ricans were going to listen to them. I still think I’m there making music, and it’s for Puerto Ricans. I forget the entire world listens to me.”
He continued working and his feats don’t go unnoticed. In 2020, he made a special appearance at the Super Bowl where Shakira and Jennifer Lopez were headlining. During the same year, he released YHLQMDLG and the album became Spotify‘s most-streamed artist and album of 2020. In 2021, he was listed on Time’s 100 Most Influential People of The Year, with J Balvin praising his peer. “Watching him is like seeing a little brother make his dream come true,” the Colombian singer wrote. “I met him when he was like a little monster, and now he is like Godzilla. He has amazing lyrics, and he understands the importance of creating his brand. If everybody’s going to the right, he’s going to the left. He’s an advocate for self-expression: If you want to go and wear a miniskirt, just go ahead and do it. If you want to use lipstick, go ahead. Do whatever you want to do. That freedom connects with people pretty hard.”
For his “El Último Tour Del Mundo” Tour that supported the album of the same name and the first album of his to reach No. 1 on the Billboard 200 charts, Bad Bunny broke Ticketmaster’s record for the most ticket sales for a tour on its first day of sales since 2018. It didn’t take long before Bad Bunny sold out all 35 shows, amounting to over 500,000 tickets sold altogether. He launched his second tour of 2022, and his first stadium tour, “World’s Hottest Tour” and it was the highest-grossing tour by a Latin artist with a $235.5 million revenue. Benito highlighted his suave stage presence on tour at the 2022 MTV Video Music Awards when they filmed “Tití Me Pregunto” at his second sold-out show Yankee Stadium and was presented VMAs “Artist of the Year” right after the performance.
Benito’s hot repertoire doesn’t stop there. The “Yo No Soy Celoso” artist just starred in the 2022 thriller film Bullet Train with Brad Pitt and Aaron Taylor-Johnson and is slated to star in a Spider-Man spin-off film El Muerto. Did we also mention that he’s a WWE star? Recently, he entered in the ring WWE’s Royal Rumble event at the Dome in St. Louis in January, and he gets paid about $100,000 per appearance.
As well as the Grammys, the “Tití Me Pregunta” singer is slated to headline Coachella in April 2023, making him the first Spanish-speaking artist to be the top bill at the desert festival. He’s expected to receive a hefty sum of money as the New Yorker reported that past headliners like Kendrick Lamar, Radiohead, and Lady Gaga each received between $3 and $4 million for headlining. Though according to Billboard, the “Tití Me Pregunta” singer will be taking a long-deserved break this year after the performance. “I’m taking a break. 2023 is for me, for my physical health, my emotional health to breathe, enjoy my achievements,” he told the publication. “We’re going to celebrate. Let’s go here, let’s go there, let’s go on the boat. I have a couple of sporadic commitments, and I’ll go to the studio, but there’s no pressure. Remember yourself, cabrón. You’ve worked your ass off.”
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How to Calculate Your Net Worth | Entrepreneur
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We see the term “net worth” thrown around all of the time when it comes to reporting on celebrities, sports stars, and business leaders. But what is it exactly?
Entrepreneur’s online encyclopedia defines net worth as the difference between a company’s or person’s total assets and their total liabilities.
In this guide, we’ll focus on personal net worth. Your personal net worth is a number that is just as important — if not more important — than your income. Experts suggest that you should periodically add up your personal assets and liabilities, just as you do with your business, to determine if you are in a good place or need to adjust your spending. A clear picture of your current situation will allow you to grow your net worth through some combination of decreasing liabilities and increasing assets. We’ll explain the specifics of how to do that later on.
Try our online net worth calculator
A huge reason to be thinking about assets is retirement planning. Simply put, the more assets you have, the more comfortable your retirement will be. You may also need a high personal net worth to buy a business, pursue some types of investments, purchase a second home, pay for a child’s college education, or for other purposes.
Over the course of this guide, you will learn all of the ins and outs of net worth calculation and management to secure and improve your financial future.
Related: 8 Success Lessons From the Richest Person on the Planet
Key takeaways
- Why is net worth important?
- How to calculate your net worth on your own
- How to use our online net worth calculator
- What the median net worth is for different age ranges?
- How to increase your net worth
- More resources to manage and grow your personal wealth
Why is net worth important?
The equation for your net worth is fairly simple: Assets – liabilities = net worth.
That means it is the total value of everything you own, minus the debts you have to repay, and your monthly cash flow, which shows your monthly income and spending patterns, writes Nightingale-Conant in The Power of Passive Income.
As basic as that sounds, we’re often reluctant to check in on our financial health. Many fear that their financial situation is not as good as they hoped, which can be stressful. Others avoid facing their personal finances due to a lack of basic understanding — the terminology or concepts seem daunting.
But not taking inventory of your finances is a huge mistake, according to money management experts. As Brian Tracy writes in his book Million-Dollar Habits, understanding your net worth is critical to achieving your financial goals. Do you want to become a self-made millionaire? Tracy explains, “The starting point of achieving financial independence and becoming a self-made millionaire is for you to accept complete responsibility for your financial life. Many people never do this. They instead go through their days, and their money, trusting to luck with the idea that somehow, sometime, someone else will come to the rescue. They buy lottery tickets, gamble, and think about making a killing in the stock market. And they worry about money all the time.”
Related: Your Network Is Your Net Worth: 5 Lessons on Building Stronger Connections
Tracy continues, “The fact is that serious money is long-term money. Most wealthy people organize their financial lives in such a way that their net worth increases by about 8 to 10 percent per year on the amount of money they have working. They do not look for get-rich-quick schemes or easy money. They are patient, persistent, and farsighted. They discipline themselves to save and accumulate money over many years. They do not speculate, take risks, or look for fast ways to make money quickly and easily. Because of these habitual ways of thinking about their money, each year their wealth grows. Eventually, they pass the million-dollar mark and usually keep on going.”
How to calculate your net worth
As we’ve said, to calculate your net worth, you will need to subtract your total liabilities from your total assets. What goes into calculating those total figures? Let’s take a look:
Included in total assets:
- Real estate
- Investments
- Savings
- Cash deposits
- Home equity
- Car equity or other similar assets
Included in total liabilities:
- Mortgages
- Credit card balances
- Student loans
- Car loans
- Recurring bills
- Taxes
Using our online net worth calculator
To use Entrepreneur’s net worth calculator (find it at the bottom of this article) you will need to gather and enter the following information into the defined fields.
- Real estate: The current value of your home (if you own it) and any other properties
- Checking account: The total amount of money you have in your checking account
- Savings account: The total amount of money you have in your savings account
- Retirement account: The total amount of money you have in IRAs, 401Ks and mutual funds
- Autos: Total current market value of your vehicles (cars, trucks, boats)
- Other assets: Any other accounts, the current market value of other sellable assets
- Mortgages: The amount of money owed on your mortgage loan(s).
- Consumer debt: Total credit card balances, unsecured personal loans and payday loans.
- Personal loans: Any money you’ve borrowed from a bank or other financial institution.
- Student loans: The total balance on an outstanding student loan or loans.
- Auto loans: The total balance of your auto loan(s).
- Other debts: Any other balances you are committed to paying off.
How does your net worth compare to others?
Every three years, the Federal Reserve Board issues the Survey of Consumer Finances, which includes information about taxpayers’ incomes, net worth, credit usage and more. The most recent report was released in 2020, pulling together data collected from 2016 to 2019.
Per the report, in the 2016-2019 time period:
- Americans’ average net worth rose 2 percent.
- Families at the top of the income and wealth distributions experienced very little, if any, growth in mean net worth.
- Families near the bottom of the income and wealth distributions generally continued to experience substantial gains.
- About 13 percent of families owned a privately held business. Business ownership increases with income, and nearly 40 percent of families in the top decile of the income distribution owned a business.
- Wealth continued to increase among families with either a high school diploma or some college. But families without a high school diploma saw the largest drops.
Here’s how that all breaks down by age and average. Some of the averages will seem very high. That’s because affluent families bump up that number significantly. Look at the median net worth, which are the midpoint values in the calculations for a more useful comparison point.
- Age of head of household: Less than 35
- Median net worth: $13,900
- Average net worth: $76,300
- Age of head of household: 35-44
- Median net worth: $91,300
- Average net worth: $436,200
- Age of head of household: 45-54
- Median net worth: $168,600
- Average net worth: $833,200
- Age of head of household: 55-64
- Median net worth: $212,500
- Average net worth: $1,175,900
- Age of head of household: 65-74
- Median net worth: $266,400
- Average net worth: $1,217,700
- Age of head of household: 75+
- Median net worth: $254,800
- Average net worth: $977,600
How to increase your net worth
To increase your net worth, you want to decrease your liabilities (debts) while maintaining or increasing your savings. Below are some specific ways to go about that. Yes, some of these suggestions are easier said than done but don’t give up. The prevailing advice from experts is to simply do what you can. Every little bit helps when it comes to building wealth and good financial habits. Remember, this is not a sprint — it’s a marathon that requires discipline and patience. Focus on paying down your debts with the highest interest rates.
As Nightingale-Conant in The Power of Passive Income, “Credit card debt in particular—can paralyze you financially even if you’re totally up to speed in every other way. You can be motivated, intelligent, creative, and everything else, but if you’re having to service debt every month, you’re not going to have the small initial investment capital you need.”
Nightingale-Conant continues, “The first step is a bit of honest self-assessment. Many people feel so badly about their consumer debt that they actually don’t know how much they have. They’d rather not think about it, so they just pay the bills every month and put it out of their thoughts. That’s not the way to make credit card debt go away, however. Start by determining exactly how much you owe. Frightening as that may seem, you’ll actually feel better once you have a dollars-and-cents figure to deal with.”
Increase your retirement savings
Entrepreneur magazine experts recommend that you contribute as much to your 401(k) plan as possible up to the contribution limit. (In 2023, the max total between you and your employer is $66,000.)
The ideal retirement contribution percentage varies depending on your age, the cost of living, and your personal finances. For example, it may be a good idea to contribute between 10% and 15% of all your gross income toward retirement. You can contribute this amount toward a 401(k) or a 401(k) combined with an IRA (individual retirement account) in your 20s and 30s. If you are behind in retirement savings in your 40s or 50s, consider contributing more to your 401(k) account. If you’ve already hit your 401(k) plan limit, look into alternatives like IRAs or Roth IRAs.
Cut back on any unnecessary expenses
“When you develop the habit of thinking more carefully about your income and savings, you will soon find yourself spending less and less on your day-to-day expenses,” writes Brian Tracy in Million-Dollar Habits. “You will begin paying down your debts and not incurring new ones. You will start delaying or deferring expenditures and finally stop buying those items entirely.”
Here are some common areas you can cut back on:
- Unsubscribe from unused content subscriptions
- Cut back or cancel streaming services
- Reduce or cancel your cable TV plan
- Reduce your cell phone plan
- Cancel unused gym memberships
Use auto savings to create an emergency savings fund
Automatic transfers allow you to have a set amount of money transferred into your savings account each month. You can do this through online banking accounts. Most institutions allow you to choose a specific dollar amount or a percentage of each paycheck to transfer into your savings.
Refinance your mortgage
Depending on where rates currently are, refinancing to a lower rate can help lower your monthly payment, save money on interest payments and help pay off your mortgage sooner. You can also change the duration of your mortgage. So if you have 20 years left on your mortgage, you can decide to refinance into a 15-year loan which may increase your monthly payments but save on the overall amount you’ll spend in interest payments.
The following are just a few of the benefits of refinancing your mortgage to help with your savings goals:
- Lower your interest rate to save on monthly payments.
- Put any “extra” money from those monthly payments into savings.
- Shorten the length of your mortgage for a quicker payoff.
- When rates are attractive, change from an adjustable rate to a fixed-rate mortgage to provide more financial stability.
Increase your salary
If you are employed, think about asking for a raise, keeping in mind these tips from Sam McRoberts:
- Learn your worth by checking online resources dedicated to gathering and providing data about salaries throughout the world, including Glassdoor, Salary, and job-hunting sites like Indeed. Spend a few hours examining what people like you in places like yours make per year.
- Make sure you ask for more than you think you can get (but not too much more), arm yourself with facts, be prepared to stand your ground and don’t be afraid to face rejection.
- Think about timing. Don’t ask for a raise immediately after the company gets some bad news, or when you know money is tight, or even when your boss appears to be in a bad mood. Instead, wait until you’ve accomplished something especially significant, or wait until the end of the year, after a glowing performance review.
Set specific financial goals
It’s simple psychology: The more clearly you define your financial goals, the more motivated you’ll be to make wise financial choices.
“The benefit of setting goals is really to help yourself achieve what you want to achieve,” said Elizabeth Koraca, an executive coach and career strategist. “You have to have clarity on what you want and a clear path how to get there.”
Ask yourself what excites you. Is it owning a home? Putting the kids through college? Starting your own business? Once you know what you want, you’ll have the inspiration you need to stick to those goals.
Allison Task, a career and life coach uses SMART goal setting to help people. SMART is an acronym for:
Specific: Goals need to be focused and have exact details.
Measurable: Have a metric for tracking progress.
Attainable: Goals need to be realistic.
Relevant: Your goals should be things you have a genuine passion for.
Time-bound: Set a timeframe for achieving your goal.
“By using this framework, you are more likely to achieve the goal, because you will think through the specifics of what needs to happen for you to do it,” Task said.
Find passive income revenue streams
Nightingale-Conant, in The Power of Passive Income, encourages entrepreneurs to find online side hustles that they can pursue during off hours. And importantly, based on topics that they have a genuine passion for. “One thing that is really exciting about being an online entrepreneur is that often the paths with the lowest barriers to entry center on topics you are already familiar with. Making money online is exciting. Making money online about a topic you love is even better. That’s when your work doesn’t feel like work. For this reason, listing the hobbies, interests, and topics you’re experienced in is really helpful. When you’re evaluating some of these ideas, already being aware of niches and industries that you have some advanced knowledge of will be helpful to you. There is no interest that doesn’t count.”
Here are a few areas to think about:
Hobbies
- Do you have hobbies about which you are passionate? Perhaps you belly dance or sail, or are really into massively multiplayer online role-playing games like Fortnite.
- Do you show dogs?
- Do you run a playgroup for moms?
- Are you an artist?
- Do you play any sports?
- Do you love to travel?
- Are you an avid photographer?
- Do you sew?
- Any area of interest is fair game online.
Education
- Do you have a degree or certification in anything?
- Do you have a psychology degree?
- Are you a certified doula?
- Did you get a certification or training program in something else?
Profession
- Are you or were you at any time a nurse?
- Have you worked as a dental hygienist?
- Did you work in a flower shop and can make wicked flower arrangements?
- Do you have experience ramping up for online success in event planning?
- Have you worked in real estate off and on your whole life?
Everyday life
- Are you a fashionista?
- Do you follow the current music scene?
- Are you interested in politics?
- Are you a parent?
- Are you a corporate executive?
- Are you an extreme couponer?
These are just a few examples to get your juices flowing. If you have something you are passionate about or interested in, there are tons of other people who are, too.
Related: How Networking Can Increase Your Business’ Net Worth
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Entrepreneur Staff
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Nicolas Cage Talks Debt on ‘60 Minutes.’ See His Net Worth Now | Entrepreneur
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Nicolas Cage admitted that his continued interest in acting isn’t just for fun.
The “Face Off” actor revealed on “60 Minutes” that his Hollywood roles have kept him afloat after he fell into $6 million in debt following some bad investments.
“I was overinvested in real estate. … The real estate market crashed, and I couldn’t get out in time,” he said about the years of the housing crisis in the late 2000s.
In 2009, Cage ended up owing the IRS and creditors $14 million, according to ABC News, after he sued his former business manager for allegedly leading him “down a path toward financial ruin,” he told GQ in 2022. Despite reportedly owing $14 million, Cage told “60 Minutes” that he “paid them all back, but it was about $6 million. I never filed for bankruptcy.”
Cage told “60 Minutes” he moved to Las Vegas in the midst of his financial woes in 2006 which is notably tax-free, and started making three to four movies a year.
“It was dark, sure,” he said of his days to get back in good financial standing but said there was “no doubt” that acting helped him in his darkest times.
“Work was always my guardian angel. It may not have been blue chip, but it was still work,” he said. “Even if the movie ultimately is crummy, they know I’m not phoning it in, that I care every time.”
According to CNBC, the actor once owned 15 multi-million-dollar properties around the world. He also purchased a 70-million-year-old dinosaur skull for $276,000, that later had to be returned after it was discovered to have been stolen.
Bustle reported that Cage had once owned 50 cars, including a $450,000 Lamborghini that was custom-made for the Shah of Iran. He also reportedly paid $150,000 for a pet octopus, and he owns a pyramid tomb he hopes to be buried in.
RELATED: Sharon Stone After SVB Collapse: ‘I Just Lost Half My Money to This Banking Thing’
In 2019, Cage told the New York Times his finances play a big role in his continuous work efforts.
“Money is a factor. I’m going to be completely direct about that. There’s no reason not to be,” he said. “There are times when it’s more of a factor than not.”
What Is Nicolas Cage’s Net Worth Today?
Although Nicolas Cage’s fortune was once estimated to be around $100 million, the actor’s net worth is estimated to be around $25 million today, according to CNBC.
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Sam Silverman
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Meet the World’s Richest Dog in Netflix’s ‘Gunther’s Millions’
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From millions in real estate to jet-setting around the globe, the world’s richest dog is rolling in the dough.
Gunther VI is a German Shepard with a net worth of $400 million. It sounds too good to be true, but Gunther is the heir to his grandfather Gunther III’s fortune, also a German Shepard, who was owned by mysterious German countess Karlotta Leibenstein. Before the countess died in 1992, she left her $80 million estate in the paws of the pooch — she didn’t have a living heir after her son’s tragic death.
Although we know German Shepards are among the smartest breeds, it’s unlikely a dog can be trained in finance. So the countess left Gunther’s fortune in the hands of Italian pharmaceutical heir Maurizio Mian — a friend of the countess’ late son.
Now, 30 years later, Mian has built a lucrative and lavish empire for Gunther’s descendants, including a $7.5 million Miami mansion he purchased from Madonna on Gunther’s behalf, which was then sold for a profit at $29 million.
Under Mian’s care, Gunther’s original $80 million inheritance has grown to a whopping $400 million, but not without cost.
Netflix is set to unpack the unbelievable tale and the questionable handling of Gunther’s assets in a new four-part investigative docuseries, Gunther’s Millions, premiering on February 1.
Keep scrolling for more details about Gunther and the new documentary.
Who is Maurizio Mian?
Before Gunther’s bloodline fell into the hands of Mauizio Mian, the Italian entrepreneur was known as the heir to the successful pharmaceutical company Istituto Gentili, which was instrumental in developing a treatment for osteoporosis, according to the Daily Beast.
After going to medical school, Mian became a university professor before assuming the position of Gunther’s handler. Under Mian’s care, the Gunther Trust was established and now owns several businesses and corporations, including The Burgundians, an entertainment group comprised of rotating aspiring models who sing and dance for the lucky dog.
However, The Burgundians fell apart after Mian allegedly conducted “science experiments” to study happiness, according to the outlet. He went on to buy several sports teams including the Pisa Sporting Club and formed another music group, The Magnificent 5, with the purpose of procreating and birthing ideal humans, according to the outlet.
Is the tale of Gunther’s millions real?
Based on a glance at Maurizio Mian’s suspicious resume, the entrepreneur’s credibility is questionable. As it turns out, the story behind Gunther’s riches is a farce that Mian created to avoid Italian tax laws, according to the Daily Beast.
Furthermore, Fox Business notes that there is no evidence that a countess ever existed, and other reports claim that there might be more than one Gunther among us.
Additional reports also show that Mian tended to inflate and change his stories to the press over the years.
Although Gunther’s past might be made up, Gunther IV is very much real and currently lives in Italy.
“He has a very nice life and is very well taken care of,” Emily Dumay, executive producer of Gunther’s Millions, told Fox. “Throughout the years, there were multiple Gunthers. Obviously, Gunther does not necessarily travel or do all the activities — that’s something the caretakers do,” she added. “So, sometimes they will have stand-ins. They will have a stand-in if they feel it’s not appropriate to bring Gunther due to safety reasons. They’re also very protective of him.”
How does Gunther spend his money?
While it’s not exactly clear how Gunther amassed his great fortune, or how he swipes his credit cards with his paws, he definitely isn’t roughing it.
The hound has an entire staff that waits on his needs, including a private chef who presents him with gold-flake-covered steaks, and both a legal and public relations team, per Forbes. He is also protected by a security team and often visits a high-end groomer, Fox Business found.
Additionally, the film’s executive producer told Fox that Gunther’s handlers are always looking to expand his empire, and they are currently discussing “a digital collection” that will allow fans to digitally interact with the pooch.
Furthermore, Gunther is said to own multiple mansions and villas, and he prefers to fly private over commercial flights.
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Sam Silverman
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The Red Flags On FTX We All Seemed To Miss
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As the autopsy of Sam Bankman-Fried’s crypto empire begins, it’s worth saying that there were red flags all over the place. We missed them.
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Meet the teacher and real estate investor who has a net worth of more than $500,000
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The Internet is flooded with stories of people using some type of so-called “passive income” scheme to get rich quick, whether they’re cashing in on easy YouTube ad dollars or investing in the latest meme stock. It’s hard not to get suckered into the promise of earning the big bucks without working a traditional day job.
Many times, these strategies focus on real estate. But most real estate investors will tell you that you can’t make money just putting in minimal effort as the Internet would have you believe. Just ask Tiffanie Vendryes.
Courtesy of Tiffanie Vendryes
Lured by the idea that she could generate income from buying up rental properties, in 2015, Vendryes, now 37, bought three units in Florida that housed up to seven tenants.
But Vendryes quickly learned the hard way that passive income isn’t all it’s cracked up to be sometimes. “I was blinded by how much income [I could earn], and I didn’t realize all of that would go into maintaining the property,” she says candidly.
Vendryes says she chose properties that were older, needed work, and were in low-income areas. Instead of sitting back and raking in the profits, she was overwhelmed dealing with late rent payments, evictions, and expensive repairs, including a leaky roof and replacing the hot water heater and air conditioning units. “I failed, and I lost money,” she admits.
But Vendryes says the experience, while harrowing, taught her important lessons that helped her build up her current net worth of approximately $565,000. Here’s how she bounced back.
Playing the real estate game in Florida
After graduating from Stevens Institute of Technology in 2006, Vendryes had about $25,000 in student loan debt, largely thanks to grants and scholarships. She landed a high-paying job in tech sales—earning between $70,000 and $130,000 over three years—and lived frugally, at times having up to three roommates. Slowly Vendryes was able to start building her wealth, and by the time she turned 25, she says she saved up about $100,000.
But then the 2008 financial crisis hit, and Vendryes was laid off, prompting her to move south and shake up her career. “I moved to Florida and got into education,” she says, adding the shift from tech sales to teaching meant taking a major pay cut from $100,000 to about $40,000.
Yet with her savings, Vendryes was able to buy a house in 2010 in Palm Beach county. Five years later, the value increased by more than 60%—jumping from $118,000 when Vendryes bought it to $190,000 when she sold it.
With part of the proceeds from her home sale, Vendryes got into the real estate game in a big way, buying three investment properties over the course of 2015 and into early 2016. But the luck didn’t hold.
The fixer-uppers were within her budget, but they came with a host of maintenance issues and quickly became money pits. Not to mention the people problems: Vendryes says she had tenants fighting with each other, calling the cops on each other, and calling her about their quarrels—and being a landlord became a massive time suck and an emotional drain.
“I decided that this probably wasn’t the best investment strategy for me,” Vendryes says. Within six months, she unloaded the properties, selling at least one at a loss.
Creating diverse income streams
Although Vendryes struggled to get it right in rental real estate, she never quit her day job in teaching. And having a full-time job helped her stay afloat when this other income stream wasn’t functioning.
That’s one of the biggest takeaways she says: have multiple gigs. Vendryes, now the mother of a two-year-old, got back into the rental property game in 2019, and she opened up her own real estate brokerage. But she also keeps her teaching job.
It turns out that buying the rental properties sparked Vendryes’ interest in being more than an owner. “When I was buying those three properties, I would sometimes feel bad asking my realtor too much or going to see too many things,” Vendryes says, adding she got her own license in 2016. That way, she could go look at all the properties she wanted to before making an offer—guilt free. Not only that, it had the added benefit of saving her money as both a buyer and a seller.
After taking some time to regroup, Vendryes bought a 2-bedroom condo in 2018 situated in a nicer neighborhood with the idea that she’d eventually rent it out. A year later, it started generating income. This time, with stable tenants and minimal drama, she earns about $6,000 in annual rental income. Plus, Vendryes doesn’t touch the majority of the income. Instead, it goes into an account so if there’s some maintenance problem with the condo, the cost isn’t coming out of her everyday budget. She currently has one rental property and a townhouse that she owns and lives in.
Last year, Vendryes also opened her own real estate brokerage, Grace Realty Group. She has one agent working for her. So far this year, they’ve sold $2 million in real estate, which Vendryes says translates into roughly $38,000 in commissions for her.
And thanks to tenure and picking up extra responsibilities, Vendryes has boosted her teaching salary to approximately $79,000 a year as she works as an interim assistant principal and remote high school math teacher.
The early setbacks aside, Vendryes says she really likes real estate and enjoys looking at homes and showing properties. “It’s important to do something that you like so that it doesn’t feel like you’re doing a lot of work,” she says, adding that while her teaching job is flexible, she still relies on her mom for babysitting in order to juggle the real estate business, her teaching, and the responsibilities of a landlord.
All said, Vendryes calculates she’s on track to make about $123,000 this year. With her current home value (she bought a townhouse in 2021 that’s valued at over $400,000), retirement savings, and investments, she’s looking at a net worth north of $500,000. And she doesn’t have any outstanding debt.
But she’s the first to admit it’s been a lot of hard work. “My story has not been one of easy success. I got laid off from my first job. I went into education at less than 50% of what I was making before. I made poor choices in real estate,” she says, noting that through it all, she’s been able to accumulate wealth. “It’s through discipline and it’s hard work and it’s through learning from my mistakes.”
Perhaps the biggest lesson? It takes hustle. “It’s not really passive—everything takes work,” Vendryes says.
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Megan Leonhardt
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