Largest cash moments of 2020 up to now | Gallery

October 19, 2020

By Wonderwall.com Editors
5:01am PDT, Aug 13, 2020

Stars are consistently making main cash strikes — and as we have confirmed repeatedly, they’re really nothing like us in relation to their paychecks, lavish life, outrageous spending habits and deep generosity! Wonderwall.com is rounding up the largest superstar cash moments of 2020… beginning with the information that The Rock was the highest incomes actor of 2020. On Aug. 11, Forbes printed its listing of the best paid actors of the yr, revealing that Dwayne Johnson was No. 1 for the second yr in a row. The enterprise journal reported that he made $87.5 million — and that $23.5 million of it got here from Netflix for his upcoming motion film “Purple Discover.” His profitable Underneath Armour line, Undertaking Rock, can also be liable for a giant a part of his 2020 earnings. Maintain studying for extra headline-making superstar cash tales of 2020…

RELATED: The business of being The Rock: A guide to his fortune

Kim Kardashian West inches nearer to billionaire standing

In late June, Kanye West publicly congratulated spouse Kim Kardashian West for reaching billionaire standing after Coty paid $200 million to amass a 20% stake in her KKW Magnificence model. Nevertheless, Forbes quickly clarified that although Kim was certainly very, very wealthy, she’s not a billionaire fairly but. Although the deal places KKW Beaty’s worth at $1 billion, Kim solely has a 72% stake within the firm whereas momager Kris Jenner has 8%, in response to Forbes. So, as soon as all her different earnings are taken into consideration, that places Kim’s price at about $900 million — which is only a tad above sister Kylie Jenner’s web price of what Forbes estimated in Might at “just below $900 million.”

Kurt Cobain’s “MTV Unplugged” guitar sale worth breaks public sale file

On June 20, the guitar that Kurt Cobain performed throughout Nirvana’s famed 1993 “MTV Unplugged” session, which was taped only a few months earlier than his dying at 27, sold for a record-breaking $6 million. The 1959 Martin D-18E was bought by Peter Freedman, who owns Røde Microphones, at a Music Icons public sale run by Julien’s Auctions in Beverly Hills. Deadline reported that the sale worth was 50% increased than every other guitar ever offered at public sale.

Kylie Jenner is stripped of billionaire standing by Forbes

Demotion! Information that actuality TV star and wonder mogul Kylie Jenner is now not thought-about a billionaire emerged at the beginning of the summer season. Whereas Forbes reported in April that she was the world’s youngest self-made billionaire for the second yr in a row, the journal retracted that title a month later. In Might, the publication claimed that Kylie’s staff — together with momager Kris Jenner — had falsified earnings data and tax figures that had been proven to Forbes reporters. All of it got here to mild after magnificence conglomerate Coty bought a 51% stake in Kylie Cosmetics a number of months earlier for $600 million, a transfer that required the submitting of public monetary disclosures Forbes mentioned painted a really completely different profitability image that its employees had been led to imagine. Kylie hit again on social media on Might 29, tweeting, “all i see are quite a few inaccurate statements and unproven assumptions lol. I’ve by no means requested for any title or tried to lie my approach there EVER. Interval.” Based on Forbes, Kylie remains to be very wealthy, simply not a billionaire: It revised her web price to simply underneath $900 million.

Drake reveals his custom-built 50,000-square-foot mansion valued at $100 million

Within the April problem of Architectural Digest, Drake unveiled his lavish, 50,000-square-foot mansion dubbed The Embassy. The fashionable Artwork Deco-style residence — which options an NBA-regulation-sized basketball courtroom, a 4,000-pound black marble bathtub, a 3,200-square-foot main bedroom suite and 1,100-square-feet of terraces — is valued at a whopping $100 million. The luxurious property is situated within the rapper’s hometown of Toronto. “As a result of I used to be constructing it in my hometown, I wished the construction to face agency for 100 years. I wished it to have a monumental scale and really feel,” the rapper defined. “It is going to be one of many issues I go away behind, so it needed to be timeless and powerful.” Full with a Bösendorfer grand piano designed by Takashi Murakami and a reproduction of Lobmeyr’s chandelier that was designed for the Metropolitan Opera in 1963, the “Really feel No Method” rapper’s Canadian manor is, as he describes it, “overwhelming excessive luxurious.” “I believe the home reveals that I’ve true religion in myself to tackle this activity after I was simply 27 and see it by,” mentioned the now 33-year-old famous person. “I additionally suppose the home says that I’ll ceaselessly stay stable within the place I used to be born.”

Marie Osmond pronounces plans to donate her fortune to charity when she dies

It is by no means too early to plan forward, proper? In February, singer-actress and “The Speak” co-host Marie Osmond revealed on her present that she plans to donate her fortune to charity when she dies. “My husband and I made a decision, I believe you do an incredible disservice to your youngsters to simply hand them a fortune since you take away the one most essential present you can provide your youngsters and that is the flexibility to work,” she defined. “You see it lots in wealthy households, the place the youngsters, they do not know what to do and they also get in bother. Allow them to be happy with what they make and I will give mine to my charity.” Marie’s co-hosts had been fast to disagree along with her choice, with Sheryl Underwood asserting {that a} youngster who grows up in a rich household has a “wholesome respect for cash” and Sharon Osbourne stating that she believes her fortune with husband Ozzy Osbourne ought to stay throughout the household.

Kanye West, John Cena, BTS, Jordan Peele, Jennifer Aniston and Brad Pitt make enormous BLM donations

In late Might and early June — within the wake of African American man George Floyd’s May 25 death at the hands of white police officers and nationwide protests in opposition to police brutality geared toward black People — celebrities had been fast to indicate solidarity. Kanye West was among the many stars who supplied monetary help when he donated $2 million to the family members and authorized groups combating for justice for George, Ahmaud Arbery and Breonna Taylor. Included within the “Jesus Is King” rapper’s donation was a university fund arrange for George’s 6-year-old daughter, Gianna. (Barbra Streisand, in the meantime, gifted Gianna with an unknown variety of Disney shares, which had been buying and selling at $115 a share on the time.) Different celebrities additionally donated giant sums to organizations in help of racial justice, amongst them John Cena and Okay-pop group BTS, who every gave $1 million to Black Lives Matter. Filmmaker and comedy star Jordan Peele donated $1 million throughout 5 organizations together with Black Emotional and Psychological Well being Collective. Jennifer Aniston donated $1 million to Colour of Change — a move that was matched by ex-husband Brad Pitt, the Mirror reported on June 13.

Harry Kinds is making a London mega-mansion valued at $37 million

Drake wasn’t the one music star who shelled out an particularly giant sum to create an epic residing house this yr! In March, the Mail on Sunday reported that Harry Kinds had bought two 18th century houses subsequent door to one another in North London — one for about $11.Three million and the opposite for about $5 million — with the intention of turning them into one gigantic mansion that, as soon as renovated, will likely be price round $37 million! With the assistance of inside designer Vicky Charles — who’s reportedly designed tasks for the Duke and Duchess of Sussex, the Beckhams and the Clooneys — the “Adore You” singer’s English haven will encompass a luxuriously appointed 10 bedrooms and embrace a recreation room, movie show and extra.

Chrissy Teigen and John Legend donate $200,000 in bail-out funds for George Floyd and Black Lives Matter protesters

Chrissy Teigen was one other superstar who donated huge to a racial justice group within the wake of George Floyd’s dying. In Might, the mannequin and cookbook writer took to Twitter to disclose her choice to provide a big sum to the protection funds liable for serving to bail out protesters. First, she pledged $100Okay. However when a Twitter person replied and informed her she was supporting “rioters and criminals,” Chrissy doubled her donation. “Ooo they may want extra money then. Make it $200,000,” she responded. Husband John Legend tweeted in help of his spouse. “People have the primary modification proper to peacefully protest oppression and injustice,” he started. “Chrissy and I will likely be donating to those Three organizations that are organizing, supporting and defending these marching for justice: @Mvmnt4BlkLives @nlgnews @bailproject.”

“Pals” stars negotiate cope with $2.5 million every for HBO Max reunion particular

Followers had been delighted when information broke revealing that our favourite group of New Yorkers could be returning to tv! In February, Variety reported that all the “Pals” forged — Jennifer Aniston, Courteney Cox, Lisa Kudrow, David Schwimmer, Matthew Perry and Matt LeBlanc — would seem for an “unique untitled unscripted particular” that might be accessible to stream on HBO Max, which launched in Might. Based on the commerce journal’s sources, the celebs — who famously made $1 million an episode on the finish of their sitcom’s run — negotiated a hefty payday for his or her participation: no less than $2.5 million every! Nevertheless, followers will likely be ready longer than anticipated to see them collectively once more because the extremely anticipated reunion particular has been placed on maintain on account of the coronavirus pandemic.

Kirk Douglas leaves $50 million of his fortune to charity upon his dying

Based on The Mirror, Kirk Douglas left $50 million of his $61 million fortune to not his household however to his charity, the Douglas Basis, when he handed away in February. The charity advantages Youngsters’s Hospital Los Angeles, The Kirk and Anne Douglas Childhood Heart, a St. Lawrence College scholarship and different teams. Following his father’s dying at 103, actor Michael Douglas publicly counseled him for his philanthropic work: “Kirk’s life was effectively lived, and he leaves a legacy in movie that can endure for generations to come back, and a historical past as a famend philanthropist who labored to help the general public.”

Barbara Corcoran scammed out of virtually $400,000 — then will get it again

In February, monetary thieves almost made off with $400,000 of “Shark Tank” investor Barbara Corcoran’s funds, TMZ reported. The scammers had been capable of provoke a wire switch for a $388,700.11 fee to a German firm by sending the star’s bookkeeper a funds request by way of an e-mail that appeared to come back from Barbara’s government assistant — however one letter within the handle was modified. The bookkeeper accepted it and the cash was despatched — however fortunately, the Berlin-based financial institution dealing with the transaction caught wind of the rip-off and froze the account before the funds could be distributed. Phew!

Oprah Winfrey donates $10 million to coronavirus reduction efforts

Whereas many celebrities got here collectively this yr to help fund relief efforts amid the coronavirus pandemic, Oprah Winfrey is one star who made an particularly beneficiant donation. In April, the media mogul took to Instagram to share that she was giving $10 million to worthy causes. Of that quantity, $1 million (in partnership with Apple) went to America’s Meals Fund, which was co-created by Leonardo DiCaprio. “I’m donating $10 million total to assist People throughout this pandemic in cities throughout the nation and in areas the place I grew up,” Oprah mentioned.

Kanye West feuds with Forbes about his billionaire standing

2020 appears to have been a yr stuffed with quarrels between Forbes and the Kardashian clan! In late April, the cash journal reported that Kanye West had formally turn out to be hip hop’s second billionaire (JAY-Z did it first) with an estimated web price of round $1.Three billion. A powerful quantity, proper? Nicely, the “Jesus Is King” rapper thought in any other case. Kanye claimed the journal printed a quantity that was considerably decrease than his true price: He insisted it is actually $3.Three billion. Based on Forbes author Zack O’Malley Greenburg, Kanye texted him personally to accuse the enterprise journal of “toying” with him. “It is 3.Three billion since nobody at Forbes is aware of methods to depend,” Kanye asserted. Nevertheless, regardless of Kanye’s pushback, Forbes stood agency with its calculation of his web price. “Welcome to the 10-digit membership, Kanye. Chances are you’ll not like our quantity, however in that regard, you have joined the best firm,” Zack wrote in a follow-up article. Kanye made headlines for his fortune once more over the summer season…

Forbes releases 2020 Celeb 100 listing

In June, Forbes launched the 2020 version of its annual Celebrity 100 list, which featured Kanye West at No. 2 — simply behind sister-in-law Kylie Jenner (who earned $590 million the earlier yr) at No. 1. Nevertheless, the rapper-fashion designer got here out on prime on Forbes’ listing of wealthy musicians, because it declared him the world’s highest paid music star for 2020 with earnings of $170 million (principally due to his Yeezy sneaker cope with Adidas) for the earlier yr. The remainder of the highest 5 names on the Celeb 100 listing? Athletes Roger Federer (No. 3), Cristiano Ronaldo (No. 4) and Lionel Messi (No. 5). Three leisure stars — Tyler Perry (No. 6), Howard Stern (No. 8) and Dwayne Johnson (No. 10) — did, nevertheless, crack the highest 10.

“Teen Mother OG” stars Catelynn Lowell and Tyler Baltierra owe greater than $850,000 to the IRS

“Teen Mother OG” couple Catelynn Lowell and Tyler Baltierra discovered themselves within the midst of a monetary mess this yr. In April, Us Weekly reported that the fact stars owed upwards of $850,000 in taxes to the Inner Income Service. Authorized paperwork obtained by the information outlet revealed the couple was hit with a tax lien in November 2019 for $535,010 for 2016 and 2017, and that one other tax lien of $321,789 was issued for the 2018 tax yr.

John Cena reportedly gifted $40,000 to late wrestler Shad Gaspard’s household

Following the tragic drowning dying of former WWE wrestler Shad Gaspard in Might at a seashore in Venice, California — he died making an attempt to avoid wasting his son from a riptide — followers speculated that John Cena anonymously gave $40,000 to Shad’s household. After Shad’s dying was confirmed, his household created a GoFundMe web page to assist fund funeral prices. WWE wrestlers together with Chris Jericho, Cody Rhodes and Tony Khan donated to the marketing campaign and an nameless donor gave the household $40,000 with an accompanying message that learn “CTC RIP” — which followers mentioned was a clue that it was from John. Throughout their WWE days, John, Shad and JTG (actual identify: Jayson Anthony Paul) wrestled because the group Cryme Tyme Cenation, which was also called CTC.

Jeff Bezos units actual property file in Los Angeles space with $165 million residence buy

Depart it to Jeff Bezos, the richest man on the earth, to set an outrageous actual property file. In February, People journal confirmed that the Amazon CEO, who has an estimated web price of $145.Four billion, bought the Beverly Hills residence of studio government David Geffen for $165 million — making it the most costly residence sale within the Los Angeles space ever. In 1992, Architectural Digest printed a bit concerning the 9-acre state, describing its most important constructing as a “13,600-square-foot, Georgian-style mansion.” However Jeff did not cease there: He additionally purchased 120 acres of land on the property belonging to late Microsoft co-founder Paul Allen for $90 million. That property will likely be used for Amazon-related ventures.

In 2020, Kylie Jenner expanded her already spectacular actual property portfolio but once more. As reported by TMZ in Might, this spring, the fact TV star-turned-beauty mogul spent $15 million on a 5-acre lot in Hidden Hills, California — a file actual property deal for that space. (The vacant lot additionally has a celeb historical past: it was beforehand owned by Miley Cyrus, who purchased the land in 2015 as a spot to deal with her horses.) Kylie did not cease there, although — in April, she additionally bought a 15,350-square-foot residence in Holmby Hills for $36.5 million. The sprawling single-story property features a guardhouse, a chef’s kitchen, a house theater, an outside projector display a resort-style pool and never one however two visitor flats!

Ed Sheeran named Britain’s richest musician underneath 30 for second yr in a row

At simply 29, Ed Sheeran was named the U.Okay.’s richest musician underneath 30 for the second yr in a row! Based on a Might report from the Sunday Instances Wealthy Checklist, the singer-songwriter had an estimated web price of about $244 million when it bestowed the distinction — a determine that grew by about $50 million from the earlier yr. His “Divide” world tour set data that helped him get there: Between March 2017 and August 2019, Ed offered 8.9 million tickets to 255 reveals, grossing $776.2 million.

“RHONJ” star Teresa Giudice reveals she paid $1 million of estranged husband’s money owed

In March, “The Actual Housewives of New Jersey” star Teresa Giudice informed Bravo host Andy Cohen on the “The Actual Housewives of New Jersey” season 10 reunion particular that she’d spent greater than $1 million paying estranged husband Joe’s authorized charges and again taxes ensuing from his monetary fraud and deportation circumstances. On the identical reunion present, Teresa’s family and friends members urged her to finalize her divorce from Joe sooner slightly than later — they break up in late 2019 after 20 years of marriage after he received out of jail and moved to his native Italy — in order that he would not attempt to get extra money from her. Her brother, Joe Gorga, mentioned he believed his former brother-in-law would gun for extra funds, although Teresa insisted he was “not that sort” and “[wouldn’t] come after something.” Co-star Dolores Catania agreed with Gorga: “Say you meet the right man tomorrow and issues go all and also you need to transfer on together with your life. He’ll get offended. That’ll set off it,” she mentioned.

Taylor Swift donated $1 million to fund twister reduction efforts in Tennessee

After a twister hit Nashville in March, Taylor Swift took to Instagram to supply her help for her residence state. “Nashville is my residence and the truth that so many individuals have misplaced their houses and a lot extra in Center Tennessee is devastating to me,” she wrote. “I’ve made a donation to the Center Tennessee Emergency Response Fund.” What she did not reveal is simply how main that donation was: Studies confirmed it was for a whopping $1 million.

Chris Hemsworth and extra celebrities donate huge sums to Australian bushfire reduction efforts

Over the course of 2020, celebrities have generously come collectively to finance reduction efforts throughout international crises. In January, varied stars introduced they’d be making donations to assist battle the Australian bushfires that devastated the nation. Chris Hemsworth and his household, together with actor Liam Hemsworth, gave $1 million, whereas Elton John and Kylie Jenner pledged $1 million apiece. Leonardo DiCaprio’s group, Earth Alliance, pledged $Three million and Nicole Kidman and Keith City pledged $500,000 whereas Jeff Bezos donated $690,000.

Seth MacFarlane inks $200 million total cope with NBCUniversal

Discuss earning profits strikes! Seth MacFarlane, the inventive thoughts behind “Household Man,” “American Dad!” and extra, began 2020 off by signing a five-year total cope with NBCUniversal Content material Studios valued at almost $200 million. Seth and his Fuzzy Door Productions firm are set to develop tasks for NBCUniversal’s streaming service, Peacock, together with inner and exterior networks.

Jeff Bezos donates $10 billion to fight local weather change

Along with shelling out hefty sums for sprawling estates, Jeff Bezos additionally made a big donation to fight local weather change in 2020. In February, the world’s richest man took to Instagram to announce the launch of his Bezos Earth Fund, which is dedicated to funding activists, scientists and non-government organizations. “Local weather change is the largest menace to our planet. I need to work alongside others each to amplify identified methods and to discover new methods of combating the devastating affect of local weather change on this planet all of us share,” he mentioned. “I am committing $10 billion to start out and can start issuing grants this summer season. Earth is the one factor all of us have in widespread — let’s shield it, collectively.”

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