This article appeared on Forbes.com
In October 2023, Taylor Swift she achieved a feat that no other musician had ever done before: she became a billionaire thanks to the earnings obtained from her music and her performances. Three months later, Forbes he also named the television mogul a billionaire Dick Wolfthanks to its earnings of an estimated $1.9 billion (before taxes) from producing shows like Law & Order And FBI.
The billionaires of show business
The two figures join the list of the world’s billionaires, which has seen an explosion of celebrities in recent years. Ten of the top 14 names on the list have become billionaires in the last four years thanks to capitalizing on their brand and fame.
Most of the people on this list have managed to make money through entrepreneurship and ventures beyond their fame. The pop star Rihannafor example, has built his fortune mainly thanks to participation in two billion-dollar companies, the make-up brand Fenty Beauty, a joint venture with the luxury giant LVMH, and the lingerie manufacturer Savage X Fenty.
Jay-Z he became hip hop’s first billionaire thanks to two alcohol companies, D’Usse Cognac and Armand de Brignac Champagne. He sold a 50% stake in the latter to LVMH, as well as stakes in Uber and Block, among other investments.
Michael Jordan He earned less than $100 million from his basketball career, but pocketed large sums from Nike. The champion pulled off his biggest coup in August, when he sold his majority stake in the Charlotte Hornets at a sky-high valuation of $3 billion.
Celebrities who turned their fame into a fortune
1. George Lucas
Net assets: 5.5 billion dollars
Age: 79
Citizenship: United States
2. Steven Spielberg
Net assets: 4.8 billion dollars
Age: 77
Citizenship: United States
3. Michael Jordan
Net assets: 3.2 billion dollars
Age: 61
Citizenship: United States
4. Oprah Winfrey
Net assets: 2.8 billion dollars
Age: 70
Citizenship: United States
5. Jay-Z
Net assets: 2.5 billion dollars
Age:54
Citizenship: United States
6. Kim Kardashian
Net assets: 1.7 billion dollars
Age: 43
Citizenship: United States
7. Peter Jackson
Net assets: 1.5 billion dollars
Age: 62
Citizenship: New Zealand
8. Tyler Perry
Net assets: 1.4 billion dollars
Age: 54
Citizenship: United States
8. Rihanna
Net assets: 1.4 billion dollars
Age: 36
Citizenship: Barbados
10. Tiger Woods
Net assets: 1.3 billion dollars
Age: 48
Citizenship: United States
11. LeBron James
Net assets: 1.2 billion dollars
Age: 39
Citizenship: United States
11. Magic Johnson
Net assets: 1.2 billion dollars
Age: 64
Citizenship: United States
11. Dick Wolf
Net assets: 1.2 billion dollars
Age: 77
Citizenship: United States
14. Taylor Swift
Net assets: 1.1 billion dollars
Age: 34
Citizenship: United States
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