Wealth Management – Prestige Online – HongKong https://www.prestigeonline.com/hk Sat, 27 Jan 2024 13:55:36 +0000 en-GB hourly 1 https://wordpress.org/?v=5.8.4 https://images.prestigeonline.com/wp-content/uploads/sites/3/2022/09/28175929/cropped-favicon-1-32x32.png Wealth Management – Prestige Online – HongKong https://www.prestigeonline.com/hk 32 32 Park Min-young’s Net Worth: Inside The Korean Drama Actress’s Massive Fortune https://www.prestigeonline.com/hk/people/park-min-young-net-worth/ Mon, 29 Jan 2024 03:00:08 +0000 https://www.prestigeonline.com/hk/?p=300475

Lauded for her impressive K-drama roles in hit TV shows like What’s Wrong with Secretary Kim, Park Min-young, with a successful career and exponential net worth, has solidified her status as one of the most sought-after stars in the Korean entertainment industry. Ever wondered how the K-drama actor spends her wealth and what are some of the most expensive things she owns? Here’s a closer look at Park Min-young’s net worth.

Dubbed “rom-com goddess” for her leading roles in multiple hit romance K-dramas like Healer (2014) and Her Private Life (2019), actor Park Min-young has been consistently delivering some of the best shows to come out of South Korea, in the last few years. These include City Hunter (2011), Glory Jane (2011), Remember (2015), Queen for Seven Days (2017), When the Weather Is Fine (2020), Forecasting Love and Weather (2022) and Marry My Husband (2024).

Talking about her profession and career in an interview with K-dramadiary, Park said, “I have no fear of failure. If there’s down, there’s up. Even if I hesitate for a while, I have a belief that I can go up again if I can work hard.”

All details about Park Min-young: Career, net worth and other earnings

Park Min-young’s net worth

park min-young net worth
Image: Courtesy Park Min-young/Instagram

As one of the Korean superstars, it is no surprise that Park is the owner of a massive fortune.

According to several K-media sources, Park Min-young enjoys a staggering net worth of around USD 5-10 million, as of January 2024.

While it is difficult to quote an exact figure, it goes without saying that a huge chunk of her income comes from her acting stints, commercials and high-end brand endorsements and collaborations.

Career and filmography

Park Min-young with co-star Park Seo-joon in the K-drama What’s Wrong with Secretary Kim; Image: Courtesy Netflix

Park’s first tryst with the camera was when she starred in a 2005 SK Telecom commercial. The South Korean actress made her acting debut the following year with a minor role in the hit sitcom High Kick, alongside veteran Lee Soon-jae. A situational comedy revolving around the life of a dysfunctional family, High Kick has a solid 8.4 rating on IMDb. The success of the K-drama led to the release of High Kick Through the Roof (2009–2010) and High Kick: Revenge of the Short Legged (2011–2012). While Park didn’t feature in the sequels, she remains a memorable High Kick series character.

Following this, Park Min-young landed several leading roles in TV shows like I Am Sam (2007), Ja Myung Go (2009) and Running, Gu (2010). The K-drama star also gained nationwide recognition after featuring in the music video for BigBang’s hit 2008 track “Haru Haru”.

Her big break came in 2010, with the hit Kim Won-seok directorial Sungkyunkwan Scandal — a coming-of-age drama about an intelligent young woman Kim Yun-hee, who disguises herself as a boy to enrol at the most prestigious learning institution in Joseon. The TV show recorded an average nationwide rating of 10.1 per cent, according to Nielsen Korea. Not to forget, the original soundtrack of the show, which featured Korean-American singer Park Yoo-chun’s band JYJ, sold over 110,000 copies in just a few weeks after the release of the K-drama.

Park’s popularity continued to soar with the Lee Min-ho starrer City Hunter (2011), a K-drama adaptation of the Japanese manga series of the same name, written and illustrated by Tsukasa Hojo. An instant commercial success, the series garnered around USD 10.45 million from television advertising in South Korea. Furthermore, Park’s impressive performance in the show earned her Best Actress nominations at prestigious Korean award ceremonies, including the 4th Korea Drama Awards and the 48th Baeksang Arts Awards.

After her success on Korean television, Park Min-young made her big screen debut in 2011, with a horror flick titled The Cat. One of the most successful Korean films to release that year, The Cat grossed around USD2.05 million in South Korea on its opening weekend. Overall, it collected a total of USD4.5 million in South Korea and USD4.6 million in the foreign markets, according to Box Office Mojo.

Park-Min-young-in-Marry-My-Husband
Park Min-young in ‘Marry My Husband’.

The Korean star further showcased her versatility in K-dramas like Dr. Jin (2012), A New Leaf (2014), Healer (2014), Remember (2015) and Queen for Seven Days (2017).

In 2018, Park landed her career-best TV show What’s Wrong with Secretary Kim, alongside K-drama heartthrob and her then-rumoured boyfriend Park Seo-joon. Based on the famous 2013 novel of the same title by Jung Kyung-yoon, the office romance K-drama scored a finale viewership rating of 8.6 per cent, according to Nielsen Korea.

Additionally, romantic comedies like Her Private Life (2019), When the Weather Is Fine (2020) and Forecasting Love and Weather (2022) earned Park Min-young the title of “rom-com goddess”.

Park is currently basking in the success of her 2024 Korean drama Marry My Husband. According to Nielsen Korea, the show based on revenge achieved its highest nationwide viewership rating of over 7.8 per cent in the first week of its release.

Following the success of Marry My Husband, Park Min-young seized the #1 spot in actor rankings in Korea, surpassing Song Kang of My Demon.

Luxury brand endorsements

park min-young net worth
Image: Courtesy Park Min-young/Instagram

Besides her acting projects, endorsements and brand collaborations play another key point in the ever-growing net worth of Park Min-young. She has been the face of multiple luxury brands like the Chinese apparel brand ONE BOY, the Korean furniture brand Klug, the K-cosmetic brand Sooryehan, the Japanese brand Egoist and the jewellery brand J.ESTINA.

Image credit: Tod’s

In 2020, Italian luxury fashion house Tod’s announced Park Min-young as the brand ambassador for its Korean outlet. As a part of the collaboration, Park attended the brand’s Fall/Winter Women’s Collection show in Milan Fashion Week, the same year.

In November 2022, Park was chosen as the spokesperson of the high-end Chinese clothing brand ONE BOY. Talking about the collaboration with ELLE Taiwan, the actor revealed, “I feel very honoured to be the first foreign spokesperson of ONE BOY.”

With over 11 million followers as of January 2024, Park is also one of the most-followed Korean actors on Instagram. The Dr. Jin actor, who often shares her magazine photoshoots and sponsored posts on social media, reportedly earns around USD 10,000 to USD 100,000 per post on Instagram. The South Korean star also owns a successful YouTube channel. Park, who has been handling her channel Just Parkminyoung since 2020, has over 1 million subscribers as of January 2024.

Expensive things owned by Park Min-young

Image: Courtesy Park Min-young/Instagram

According to K-media sources, Park has been living in a USD 4.4 million plush residence located in Cheongdam-dong, Seoul, Korea. Her residence overlooks the Han River and is situated near Korean celebrities Cha Eun-woo and Park Seo-joon.

Furthermore, Park loves investing her wealth in luxury cars. In her vlogs, the actor is mostly seen driving a chic Bentley Continental GT, approximately worth USD 119,777.

The K-drama star is also a proud dog parent of a Bichon Frisé, named Leon. While Leon’s resemblance to Park Seo-Joon’s dog Simba leaves fans amazed, they love seeing Leon’s cameos in Park Min-young’s YouTube vlogs. The celebrity pet is also shooting commercials and accompanying the actor on her schedule.

Personal life

Park min-young net worth salary cfs
Image credit: @rachel_mypark/Instagram

Born on 4 March 1986 in Seoul, South Korea, Park Min-young, aka Rachel Park, dreamt of becoming an actor since elementary school. While a 14-year-old Park followed her older sister to Pennsylvania for high school, she returned to Korea after three years and graduated from Dongguk University in Seoul with a degree in Theatre.

On the relationship front, Korean news outlet Dispatch revealed in 2022 that Park was dating Kang Jong-hyun, CEO of Bithumb, the largest cryptocurrency trading platform in the country. However, the couple broke up soon after. There are no reports about her current relationship.

(Hero and featured image credit: @rachel_mypark/Instagram

This story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– Why is Park Min-young called Rachel?

Rachel Park is the English name of South Korean actress Park Min-young.

– Is Park Seo-joon married to Park Min-young?

No, Park Seo-joon is reportedly dating Korean YouTuber xooos, aka, Hong Soo-yeon.

– When did Park Min-young start acting?

Park Min-young made her acting debut in 2007, with a minor role in the hit sitcom High Kick.

– Who is the most famous South Korean celebrity?

Some of the most famous Korean celebrities are BTS, BLACKPINK, South Korean model Jung Ho-yeon, singer Bae Suzy and actor Song Kang.

The post Park Min-young’s Net Worth: Inside The Korean Drama Actress’s Massive Fortune appeared first on Prestige Online - HongKong.

]]>

Lauded for her impressive K-drama roles in hit TV shows like What’s Wrong with Secretary Kim, Park Min-young, with a successful career and exponential net worth, has solidified her status as one of the most sought-after stars in the Korean entertainment industry. Ever wondered how the K-drama actor spends her wealth and what are some of the most expensive things she owns? Here’s a closer look at Park Min-young’s net worth.

Dubbed “rom-com goddess” for her leading roles in multiple hit romance K-dramas like Healer (2014) and Her Private Life (2019), actor Park Min-young has been consistently delivering some of the best shows to come out of South Korea, in the last few years. These include City Hunter (2011), Glory Jane (2011), Remember (2015), Queen for Seven Days (2017), When the Weather Is Fine (2020), Forecasting Love and Weather (2022) and Marry My Husband (2024).

Talking about her profession and career in an interview with K-dramadiary, Park said, “I have no fear of failure. If there’s down, there’s up. Even if I hesitate for a while, I have a belief that I can go up again if I can work hard.”

All details about Park Min-young: Career, net worth and other earnings

Park Min-young’s net worth

park min-young net worth
Image: Courtesy Park Min-young/Instagram

As one of the Korean superstars, it is no surprise that Park is the owner of a massive fortune.

According to several K-media sources, Park Min-young enjoys a staggering net worth of around USD 5-10 million, as of January 2024.

While it is difficult to quote an exact figure, it goes without saying that a huge chunk of her income comes from her acting stints, commercials and high-end brand endorsements and collaborations.

Career and filmography

Park Min-young with co-star Park Seo-joon in the K-drama What’s Wrong with Secretary Kim; Image: Courtesy Netflix

Park’s first tryst with the camera was when she starred in a 2005 SK Telecom commercial. The South Korean actress made her acting debut the following year with a minor role in the hit sitcom High Kick, alongside veteran Lee Soon-jae. A situational comedy revolving around the life of a dysfunctional family, High Kick has a solid 8.4 rating on IMDb. The success of the K-drama led to the release of High Kick Through the Roof (2009–2010) and High Kick: Revenge of the Short Legged (2011–2012). While Park didn’t feature in the sequels, she remains a memorable High Kick series character.

Following this, Park Min-young landed several leading roles in TV shows like I Am Sam (2007), Ja Myung Go (2009) and Running, Gu (2010). The K-drama star also gained nationwide recognition after featuring in the music video for BigBang’s hit 2008 track “Haru Haru”.

Her big break came in 2010, with the hit Kim Won-seok directorial Sungkyunkwan Scandal — a coming-of-age drama about an intelligent young woman Kim Yun-hee, who disguises herself as a boy to enrol at the most prestigious learning institution in Joseon. The TV show recorded an average nationwide rating of 10.1 per cent, according to Nielsen Korea. Not to forget, the original soundtrack of the show, which featured Korean-American singer Park Yoo-chun’s band JYJ, sold over 110,000 copies in just a few weeks after the release of the K-drama.

Park’s popularity continued to soar with the Lee Min-ho starrer City Hunter (2011), a K-drama adaptation of the Japanese manga series of the same name, written and illustrated by Tsukasa Hojo. An instant commercial success, the series garnered around USD 10.45 million from television advertising in South Korea. Furthermore, Park’s impressive performance in the show earned her Best Actress nominations at prestigious Korean award ceremonies, including the 4th Korea Drama Awards and the 48th Baeksang Arts Awards.

After her success on Korean television, Park Min-young made her big screen debut in 2011, with a horror flick titled The Cat. One of the most successful Korean films to release that year, The Cat grossed around USD2.05 million in South Korea on its opening weekend. Overall, it collected a total of USD4.5 million in South Korea and USD4.6 million in the foreign markets, according to Box Office Mojo.

Park-Min-young-in-Marry-My-Husband
Park Min-young in ‘Marry My Husband’.

The Korean star further showcased her versatility in K-dramas like Dr. Jin (2012), A New Leaf (2014), Healer (2014), Remember (2015) and Queen for Seven Days (2017).

In 2018, Park landed her career-best TV show What’s Wrong with Secretary Kim, alongside K-drama heartthrob and her then-rumoured boyfriend Park Seo-joon. Based on the famous 2013 novel of the same title by Jung Kyung-yoon, the office romance K-drama scored a finale viewership rating of 8.6 per cent, according to Nielsen Korea.

Additionally, romantic comedies like Her Private Life (2019), When the Weather Is Fine (2020) and Forecasting Love and Weather (2022) earned Park Min-young the title of “rom-com goddess”.

Park is currently basking in the success of her 2024 Korean drama Marry My Husband. According to Nielsen Korea, the show based on revenge achieved its highest nationwide viewership rating of over 7.8 per cent in the first week of its release.

Following the success of Marry My Husband, Park Min-young seized the #1 spot in actor rankings in Korea, surpassing Song Kang of My Demon.

Luxury brand endorsements

park min-young net worth
Image: Courtesy Park Min-young/Instagram

Besides her acting projects, endorsements and brand collaborations play another key point in the ever-growing net worth of Park Min-young. She has been the face of multiple luxury brands like the Chinese apparel brand ONE BOY, the Korean furniture brand Klug, the K-cosmetic brand Sooryehan, the Japanese brand Egoist and the jewellery brand J.ESTINA.

Image credit: Tod’s

In 2020, Italian luxury fashion house Tod’s announced Park Min-young as the brand ambassador for its Korean outlet. As a part of the collaboration, Park attended the brand’s Fall/Winter Women’s Collection show in Milan Fashion Week, the same year.

In November 2022, Park was chosen as the spokesperson of the high-end Chinese clothing brand ONE BOY. Talking about the collaboration with ELLE Taiwan, the actor revealed, “I feel very honoured to be the first foreign spokesperson of ONE BOY.”

With over 11 million followers as of January 2024, Park is also one of the most-followed Korean actors on Instagram. The Dr. Jin actor, who often shares her magazine photoshoots and sponsored posts on social media, reportedly earns around USD 10,000 to USD 100,000 per post on Instagram. The South Korean star also owns a successful YouTube channel. Park, who has been handling her channel Just Parkminyoung since 2020, has over 1 million subscribers as of January 2024.

Expensive things owned by Park Min-young

Image: Courtesy Park Min-young/Instagram

According to K-media sources, Park has been living in a USD 4.4 million plush residence located in Cheongdam-dong, Seoul, Korea. Her residence overlooks the Han River and is situated near Korean celebrities Cha Eun-woo and Park Seo-joon.

Furthermore, Park loves investing her wealth in luxury cars. In her vlogs, the actor is mostly seen driving a chic Bentley Continental GT, approximately worth USD 119,777.

The K-drama star is also a proud dog parent of a Bichon Frisé, named Leon. While Leon’s resemblance to Park Seo-Joon’s dog Simba leaves fans amazed, they love seeing Leon’s cameos in Park Min-young’s YouTube vlogs. The celebrity pet is also shooting commercials and accompanying the actor on her schedule.

Personal life

Park min-young net worth salary cfs
Image credit: @rachel_mypark/Instagram

Born on 4 March 1986 in Seoul, South Korea, Park Min-young, aka Rachel Park, dreamt of becoming an actor since elementary school. While a 14-year-old Park followed her older sister to Pennsylvania for high school, she returned to Korea after three years and graduated from Dongguk University in Seoul with a degree in Theatre.

On the relationship front, Korean news outlet Dispatch revealed in 2022 that Park was dating Kang Jong-hyun, CEO of Bithumb, the largest cryptocurrency trading platform in the country. However, the couple broke up soon after. There are no reports about her current relationship.

(Hero and featured image credit: @rachel_mypark/Instagram

This story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– Why is Park Min-young called Rachel?

Rachel Park is the English name of South Korean actress Park Min-young.

– Is Park Seo-joon married to Park Min-young?

No, Park Seo-joon is reportedly dating Korean YouTuber xooos, aka, Hong Soo-yeon.

– When did Park Min-young start acting?

Park Min-young made her acting debut in 2007, with a minor role in the hit sitcom High Kick.

– Who is the most famous South Korean celebrity?

Some of the most famous Korean celebrities are BTS, BLACKPINK, South Korean model Jung Ho-yeon, singer Bae Suzy and actor Song Kang.

The post Park Min-young’s Net Worth: Inside The Korean Drama Actress’s Massive Fortune appeared first on Prestige Online - HongKong.

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Crowning Glory: Discovering Kate Middleton’s Most Expensive Outfits https://www.prestigeonline.com/hk/lifestyle/wealth-management/kate-middleton-most-expensive-outfits/ Tue, 09 Jan 2024 06:00:00 +0000 https://www.prestigeonline.com/hk/?p=297610

In the ever-watchful gaze of global fashion enthusiasts, few captivate as effortlessly as the Princess of Wales, Kate Middleton. Whenever she steps into the limelight, whether toting a wallet-friendly clutch or shimmering in a Hollywood-worthy Jenny Packham gown, the world collectively sighs in admiration at her impeccable style. Yet, amid the delicate dance between high-end sophistication and high-street chic, there exists a dedicated section for Kate Middleton’s most expensive outfits — a collection reserved for her most sophisticated royal engagements.

From the early days when Kate first graced the British press alongside Prince William, her wardrobe has been a subject of unwavering fascination. The allure of her iconic bouncy blowout to her carefully curated clothes — from her famous lace wedding dress to her premiere night outfit for Top Gun: Maverick — Kate’s sartorial choices have consistently sparked conversations.

Embodying a preference for classic, simple, and professional attire, Kate seems to gravitate toward timeless styles. However, behind the veneer of understated elegance lies a penchant for donning some of the fashion world’s most coveted and, inevitably, priciest designer items. With a nod to stalwarts like Alexander McQueen, Monica Vinader, Jenny Packham, and Jimmy Choo, the Duchess of Cambridge seamlessly marries sophistication with luxury, reminding us that true style knows no budgetary bounds.

While the King is known to cover the costs of Kate’s wardrobes for ‘work-related’ engagements through the official household budget, the mysteries surrounding the princess’ shopping habits linger. Whether Kate consistently pays full price for these couture creations or enjoys the occasional imperial discount remains a topic of intrigue for fashion-savvy royal enthusiasts. Although, most of her everyday looks fall in the range of £500 to £1,000, there are several ensembles that steal the limelight with their designer tags. As we decode Kate Middleton’s most expensive outfits, the tales of elegance and expenditure intersect with those of royalty and haute couture. Ahead of her birthday on January 9, we find out more.

Kate Middleton’s most expensive outfits

1. Her wedding dress

On April 29, 2011, Kate Middleton’s wedding to Prince William was a moment of regal splendour, with the focal point being her exquisite Alexander McQueen wedding dress. Designed by Sarah Burton, the then-creative director of the renowned fashion house, the gown was a masterpiece that seamlessly blended tradition with modernity, encapsulating the essence of a 21st-century princess.

The dress, adorned with intricate lace detailing, served as a testament to the impeccable craftsmanship of Alexander McQueen. The bodice featured hand-cut English lace and French Chantilly lace, reflecting a level of artistry exuding the couture excellence of the brand. Each delicate lace appliqué whispered of the rich history and traditions embedded in the fabric, creating a gown steeped in regal significance. The bride’s train, appliquéd using Ireland’s 19th century Carrickmacross lace-making technique, stretched almost nine feet in length.

The silhouette, boasting a narrow waist and a flowing skirt, echoed the grace of iconic royal gowns, notably reminiscent of Grace Kelly’s timeless wedding attire. Kate’s veil, crafted from layers of soft, ivory silk tulle, was secured by a Cartier ‘Halo’ tiara, graciously lent by Queen Elizabeth II.

As Kate Middleton’s most expensive outfit, this Alexander McQueen wedding dress holds a special place in history. While the exact cost remains undisclosed, estimates suggest a price tag in the range of £250,000 to £300,000, adding a touch of luxury to the narrative of this unforgettable union.

2. Wearing a Phillipa Lepley gown

In the grand finale of their Caribbean sojourn in March 2022, Kate, alongside Prince William, orchestrated sartorial history with their coordinated outfits. Kate, a vision in a floor-length blue silk gown crafted by British designer Phillipa Lepley, stole the limelight with its Cinderella-esque silhouette. The £6,500 gown, with its plunging neckline, crossover bodice, bow-adorned thick straps, and gracefully pleated skirt, spoke volumes of her minimalist-chic style. Prince William, ever the consort, harmonised with a midnight blue velvet suit.

Every detail of Kate’s ensemble reflected a meticulous coordination. Her USD 17,000 mother-of-pearl jewels from Van Cleef & Arpels, matched with a satin clutch from Lulu Guinness, provided a sublime canvas for her engagement ring—a poignant heirloom worn by the late Princess Diana. Kate stuck to her signature sleek hairstyle, a middle part with hair tucked behind her ears. Stepping into Swarovski-covered pumps from Gianvito Rossi, Kate wove a modern Cinderella tale, gracefully executing her royal duties and earning accolades for her meaningful interactions with the citizens of the once United Kingdom–controlled territory.

3. At the premiere of Top Gun: Maverick



Forget Maverick and Goose — the Duchess of Cambridge had the ultimate wingman at the London premiere of Top Gun: Maverick in the form of her Roland Mouret gown. The royal stole the show at the UK premiere of the blockbuster sequel, trading in her girl-next-door wardrobe of jeans, Barbour jackets, and flat Penelope Chilvers boots for a svelte off-the-shoulder piece. Like any seasoned royal, Kate understood the assignment and paired the look with Prada pumps, an Alexander McQueen clutch, and earrings by Robinson Pelham. While the jewellery totalled a whopping £10,560, it’s the £2,700 monochrome number that saw a massive surge in online searches. Befittingly, the Duke of Cambridge wore a classic black tuxedo to match his leading lady.

5. At her sister Pippa Middleton’s wedding

Kate Middleton's most expensive outfits
(Image credit: Getty Images)

Selecting the perfect outfit for your sister’s wedding can be challenging, especially when you’re the future queen of England and the event is one of the most anticipated of the year. In 2011, amidst the fervour surrounding Kate Middleton’s royal wedding dress, the Duchess of Cambridge expertly navigated the fashion landscape for her sister Pippa’s big day. Wearing a bespoke blush-pink Alexander McQueen dress by Sarah Burton, the same designer behind her iconic wedding gown, Kate struck the ideal balance between casual chic and subtle elegance, avoiding any unintentional upstaging of her sister on her significant day.

The midi-length dress showcased some of Kate’s signature elements, including a gentle peplum and figure-flattering draped pleat work, creating a timeless look. Coordinated with the dusty rose hue that matched Princess Charlotte’s waist ribbon, the outfit demonstrated Kate’s meticulous attention to detail. With a matching fascinator by milliner Jane Taylor and morganite earrings by Kiki McDonough, Kate’s ensemble radiated understated sophistication. The price of this meticulously crafted outfit, a testament to Kate’s enduring style, is estimated to be in the range of £10,000 to £15,000.

6. In Paris

Kate Middleton's most expensive outfits
(Image credit: Samir Hussain/Getty Images)

On her final day in Paris back in 2017, Kate Middleton embraced French elegance by donning a chic ensemble from the luxury fashion house Chanel. Accompanied by Prince William on a picturesque sightseeing tour that included iconic landmarks like the Hôtel des Invalides and the Musée d’Orsay, Kate showcased a departure from her traditional English off-duty Duchess style in favour of a sophisticated Parisian look.

The multicoloured tweed fit-and-flare dress, while embodying the essence of French design, maintained a silhouette reminiscent of Kate’s favoured day dresses. Though textured, the fabric echoed her penchant for classic elegance. Accentuating her outfit with a leather belt adorned with the house’s trademark interlocking C’s, Kate completed the look with a burgundy Chanel micro-lady bag.

In the accessories department, Kate kept it minimal yet impactful. She slipped into Cartier’s Trinity collection earrings and necklace, coupled with a Ballon Bleu watch, providing a perfect counterbalance to her iconic Garrard sapphire and diamond engagement ring. The estimated cost of this Parisian-inspired ensemble is indicative of Kate’s ability to effortlessly blend high fashion with timeless sophistication, ranging between £5,000 and £8,000.

7. In Belize


In March 2022, the Duke and Duchess of Cambridge commenced their Caribbean tour, representing Queen Elizabeth during her Platinum Jubilee year. Kate made a memorable entrance in Belize, stepping off the plane adorned in a stunning blue lace Jenny Packham skirt suit, estimated at £4,000. The jacket’s peplum silhouette highlighted her slender waist, paired perfectly with a form-fitting pencil skirt. Kate’s choice of Emmy London Rebecca heels, priced at £415, and an exquisite Anya Hindmarch clutch completed the ensemble. Her overall look, complemented by simple yet elegant jewellery, symbolised the effortless grace she consistently brings to royal appearances and catapulted the look to become one of Kate Middleton’s most expensive outfits of the year.

8. At the South African State Banquet


The Princess of Wales exuded timeless elegance at Buckingham Palace during a State Banquet hosted by King Charles III in honour of President Cyril Ramaphosa’s visit to the UK. Her choice for the evening was a white caped gown by Jenny Packham, priced at £4,300, adorned with shimmering beading and a boat neckline. The dress, a demure yet high-fashion masterpiece, perfectly complemented the regal ambiance of the event.

Adorning her head was the Lover’s Knot Tiara, a cherished piece with profound historical significance, commissioned for Queen Mary in 1913. Crafted from diamonds and 19 hanging pearls set in silver and gold, the tiara holds a special place in royal heritage. Adding a sentimental touch, Middleton wore a pearl bracelet that once belonged to the late Queen.

Embellishing her gilded ensemble were two badges. The Royal Victorian Order badge, a white enamel Maltese cross with a Tudor crown, symbolised her services to the sovereign. The yellow Royal Family Order of Queen Elizabeth II, bestowed on female members of the British monarchy, further accentuated her royal regalia. This appearance at the state dinner stands as one of Kate Middleton’s most glamorous royal moments in recent years, showcasing her ability to seamlessly blend tradition, fashion, and homage to her predecessors.

Which of Kate Middleton’s most expensive outfits did you love the most?

(Main image: Ben Stanstall/Getty Images; Featured image: Chris Jackson/Getty Images) 

Frequently Asked Questions

– What is Kate Middleton’s last name now?
The future queen stopped using the surname “Middleton” back in 2011 when she became the Duchess of Cambridge. Her official title now is Catherine, Princess of Wales.

– Is Kate Middleton a commoner?
Princess Kate was a commoner before ascending the ranks of the royal family to become future queen consort of England. The Duchess of Cambridge met Prince William in college, and they got married in 2011 after dating for almost a decade.

– How rich are the Middletons?
Kate Middleton’s net worth is an estimated USD 10 million, according to Celebrity Net Worth.

The post Crowning Glory: Discovering Kate Middleton’s Most Expensive Outfits appeared first on Prestige Online - HongKong.

]]>

In the ever-watchful gaze of global fashion enthusiasts, few captivate as effortlessly as the Princess of Wales, Kate Middleton. Whenever she steps into the limelight, whether toting a wallet-friendly clutch or shimmering in a Hollywood-worthy Jenny Packham gown, the world collectively sighs in admiration at her impeccable style. Yet, amid the delicate dance between high-end sophistication and high-street chic, there exists a dedicated section for Kate Middleton’s most expensive outfits — a collection reserved for her most sophisticated royal engagements.

From the early days when Kate first graced the British press alongside Prince William, her wardrobe has been a subject of unwavering fascination. The allure of her iconic bouncy blowout to her carefully curated clothes — from her famous lace wedding dress to her premiere night outfit for Top Gun: Maverick — Kate’s sartorial choices have consistently sparked conversations.

Embodying a preference for classic, simple, and professional attire, Kate seems to gravitate toward timeless styles. However, behind the veneer of understated elegance lies a penchant for donning some of the fashion world’s most coveted and, inevitably, priciest designer items. With a nod to stalwarts like Alexander McQueen, Monica Vinader, Jenny Packham, and Jimmy Choo, the Duchess of Cambridge seamlessly marries sophistication with luxury, reminding us that true style knows no budgetary bounds.

While the King is known to cover the costs of Kate’s wardrobes for ‘work-related’ engagements through the official household budget, the mysteries surrounding the princess’ shopping habits linger. Whether Kate consistently pays full price for these couture creations or enjoys the occasional imperial discount remains a topic of intrigue for fashion-savvy royal enthusiasts. Although, most of her everyday looks fall in the range of £500 to £1,000, there are several ensembles that steal the limelight with their designer tags. As we decode Kate Middleton’s most expensive outfits, the tales of elegance and expenditure intersect with those of royalty and haute couture. Ahead of her birthday on January 9, we find out more.

Kate Middleton’s most expensive outfits

1. Her wedding dress

On April 29, 2011, Kate Middleton’s wedding to Prince William was a moment of regal splendour, with the focal point being her exquisite Alexander McQueen wedding dress. Designed by Sarah Burton, the then-creative director of the renowned fashion house, the gown was a masterpiece that seamlessly blended tradition with modernity, encapsulating the essence of a 21st-century princess.

The dress, adorned with intricate lace detailing, served as a testament to the impeccable craftsmanship of Alexander McQueen. The bodice featured hand-cut English lace and French Chantilly lace, reflecting a level of artistry exuding the couture excellence of the brand. Each delicate lace appliqué whispered of the rich history and traditions embedded in the fabric, creating a gown steeped in regal significance. The bride’s train, appliquéd using Ireland’s 19th century Carrickmacross lace-making technique, stretched almost nine feet in length.

The silhouette, boasting a narrow waist and a flowing skirt, echoed the grace of iconic royal gowns, notably reminiscent of Grace Kelly’s timeless wedding attire. Kate’s veil, crafted from layers of soft, ivory silk tulle, was secured by a Cartier ‘Halo’ tiara, graciously lent by Queen Elizabeth II.

As Kate Middleton’s most expensive outfit, this Alexander McQueen wedding dress holds a special place in history. While the exact cost remains undisclosed, estimates suggest a price tag in the range of £250,000 to £300,000, adding a touch of luxury to the narrative of this unforgettable union.

2. Wearing a Phillipa Lepley gown

In the grand finale of their Caribbean sojourn in March 2022, Kate, alongside Prince William, orchestrated sartorial history with their coordinated outfits. Kate, a vision in a floor-length blue silk gown crafted by British designer Phillipa Lepley, stole the limelight with its Cinderella-esque silhouette. The £6,500 gown, with its plunging neckline, crossover bodice, bow-adorned thick straps, and gracefully pleated skirt, spoke volumes of her minimalist-chic style. Prince William, ever the consort, harmonised with a midnight blue velvet suit.

Every detail of Kate’s ensemble reflected a meticulous coordination. Her USD 17,000 mother-of-pearl jewels from Van Cleef & Arpels, matched with a satin clutch from Lulu Guinness, provided a sublime canvas for her engagement ring—a poignant heirloom worn by the late Princess Diana. Kate stuck to her signature sleek hairstyle, a middle part with hair tucked behind her ears. Stepping into Swarovski-covered pumps from Gianvito Rossi, Kate wove a modern Cinderella tale, gracefully executing her royal duties and earning accolades for her meaningful interactions with the citizens of the once United Kingdom–controlled territory.

3. At the premiere of Top Gun: Maverick

Forget Maverick and Goose — the Duchess of Cambridge had the ultimate wingman at the London premiere of Top Gun: Maverick in the form of her Roland Mouret gown. The royal stole the show at the UK premiere of the blockbuster sequel, trading in her girl-next-door wardrobe of jeans, Barbour jackets, and flat Penelope Chilvers boots for a svelte off-the-shoulder piece. Like any seasoned royal, Kate understood the assignment and paired the look with Prada pumps, an Alexander McQueen clutch, and earrings by Robinson Pelham. While the jewellery totalled a whopping £10,560, it’s the £2,700 monochrome number that saw a massive surge in online searches. Befittingly, the Duke of Cambridge wore a classic black tuxedo to match his leading lady.

5. At her sister Pippa Middleton’s wedding

Kate Middleton's most expensive outfits
(Image credit: Getty Images)

Selecting the perfect outfit for your sister’s wedding can be challenging, especially when you’re the future queen of England and the event is one of the most anticipated of the year. In 2011, amidst the fervour surrounding Kate Middleton’s royal wedding dress, the Duchess of Cambridge expertly navigated the fashion landscape for her sister Pippa’s big day. Wearing a bespoke blush-pink Alexander McQueen dress by Sarah Burton, the same designer behind her iconic wedding gown, Kate struck the ideal balance between casual chic and subtle elegance, avoiding any unintentional upstaging of her sister on her significant day.

The midi-length dress showcased some of Kate’s signature elements, including a gentle peplum and figure-flattering draped pleat work, creating a timeless look. Coordinated with the dusty rose hue that matched Princess Charlotte’s waist ribbon, the outfit demonstrated Kate’s meticulous attention to detail. With a matching fascinator by milliner Jane Taylor and morganite earrings by Kiki McDonough, Kate’s ensemble radiated understated sophistication. The price of this meticulously crafted outfit, a testament to Kate’s enduring style, is estimated to be in the range of £10,000 to £15,000.

6. In Paris

Kate Middleton's most expensive outfits
(Image credit: Samir Hussain/Getty Images)

On her final day in Paris back in 2017, Kate Middleton embraced French elegance by donning a chic ensemble from the luxury fashion house Chanel. Accompanied by Prince William on a picturesque sightseeing tour that included iconic landmarks like the Hôtel des Invalides and the Musée d’Orsay, Kate showcased a departure from her traditional English off-duty Duchess style in favour of a sophisticated Parisian look.

The multicoloured tweed fit-and-flare dress, while embodying the essence of French design, maintained a silhouette reminiscent of Kate’s favoured day dresses. Though textured, the fabric echoed her penchant for classic elegance. Accentuating her outfit with a leather belt adorned with the house’s trademark interlocking C’s, Kate completed the look with a burgundy Chanel micro-lady bag.

In the accessories department, Kate kept it minimal yet impactful. She slipped into Cartier’s Trinity collection earrings and necklace, coupled with a Ballon Bleu watch, providing a perfect counterbalance to her iconic Garrard sapphire and diamond engagement ring. The estimated cost of this Parisian-inspired ensemble is indicative of Kate’s ability to effortlessly blend high fashion with timeless sophistication, ranging between £5,000 and £8,000.

7. In Belize

In March 2022, the Duke and Duchess of Cambridge commenced their Caribbean tour, representing Queen Elizabeth during her Platinum Jubilee year. Kate made a memorable entrance in Belize, stepping off the plane adorned in a stunning blue lace Jenny Packham skirt suit, estimated at £4,000. The jacket’s peplum silhouette highlighted her slender waist, paired perfectly with a form-fitting pencil skirt. Kate’s choice of Emmy London Rebecca heels, priced at £415, and an exquisite Anya Hindmarch clutch completed the ensemble. Her overall look, complemented by simple yet elegant jewellery, symbolised the effortless grace she consistently brings to royal appearances and catapulted the look to become one of Kate Middleton’s most expensive outfits of the year.

8. At the South African State Banquet

The Princess of Wales exuded timeless elegance at Buckingham Palace during a State Banquet hosted by King Charles III in honour of President Cyril Ramaphosa’s visit to the UK. Her choice for the evening was a white caped gown by Jenny Packham, priced at £4,300, adorned with shimmering beading and a boat neckline. The dress, a demure yet high-fashion masterpiece, perfectly complemented the regal ambiance of the event.

Adorning her head was the Lover’s Knot Tiara, a cherished piece with profound historical significance, commissioned for Queen Mary in 1913. Crafted from diamonds and 19 hanging pearls set in silver and gold, the tiara holds a special place in royal heritage. Adding a sentimental touch, Middleton wore a pearl bracelet that once belonged to the late Queen.

Embellishing her gilded ensemble were two badges. The Royal Victorian Order badge, a white enamel Maltese cross with a Tudor crown, symbolised her services to the sovereign. The yellow Royal Family Order of Queen Elizabeth II, bestowed on female members of the British monarchy, further accentuated her royal regalia. This appearance at the state dinner stands as one of Kate Middleton’s most glamorous royal moments in recent years, showcasing her ability to seamlessly blend tradition, fashion, and homage to her predecessors.

Which of Kate Middleton’s most expensive outfits did you love the most?

(Main image: Ben Stanstall/Getty Images; Featured image: Chris Jackson/Getty Images) 

Frequently Asked Questions

– What is Kate Middleton’s last name now?
The future queen stopped using the surname “Middleton” back in 2011 when she became the Duchess of Cambridge. Her official title now is Catherine, Princess of Wales.

– Is Kate Middleton a commoner?
Princess Kate was a commoner before ascending the ranks of the royal family to become future queen consort of England. The Duchess of Cambridge met Prince William in college, and they got married in 2011 after dating for almost a decade.

– How rich are the Middletons?
Kate Middleton’s net worth is an estimated USD 10 million, according to Celebrity Net Worth.

The post Crowning Glory: Discovering Kate Middleton’s Most Expensive Outfits appeared first on Prestige Online - HongKong.

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Prince Abdul Mateen of Brunei: Net Worth, Luxurious Lifestyle And His Role As A Royal https://www.prestigeonline.com/hk/people/prince-abdul-mateen-of-brunei-net-worth-career-expensive-things-he-owns/ Fri, 05 Jan 2024 08:00:36 +0000 https://www.prestigeonline.com/hk/?p=297510

Prince Abdul Mateen of Brunei is the 10th child of Sultan Hassanal Bolkiah, one of the world’s richest royals. But how much exactly is the net worth of Prince Abdul Mateen?

The Brunei prince is among Asia’s most eligible bachelors. However, he will shed that tag when he marries Dayang Anisha Rosnah Adam, the granddaughter of one of the Sultan of Brunei’s special advisors, Pehin Dato Isa.

The royal Brunei wedding will be a 10-day event, which will begin on 7 January 2024. The marriage will be solemnised on 11 January, followed by a procession through the capital, Bandar Seri Begawan. It will conclude on 16 January after a banquet dinner.

On 1 January, Prince Mateen shared a picture with his 2.4 million followers on Instagram, showing a beaming Anisha Rosnah next to the dapper royal.

Prince Abdul Mateen
Prince Mateen with Anisha Rosnah in a New Year photo released by the prince on Instagram. (Image credit: Mateen/@tmski/Instagram)

Prince Mateen is fifth in line to the throne. As the son of the Sultan, Prince Abdul Mateen has been undertaking important royal duties on behalf of his father for some time and is expected to continue to fulfil the responsibilities.

He is also a serving officer in the Royal Brunei Air Force and an accomplished polo player, the latter of which is one of the reasons behind his immense popularity among the masses both in Brunei and across Southeast Asia.

All about Prince Abdul Mateen, his life as a royal and his net worth

Early life and education

Prince Pengiran Muda ‘Abdul Mateen Bolkiah was born on 10 August 1991 as the fourth son of Sultan Hassanal Bolkiah. His mother is the Sultan’s second wife, Puan Hajah Mariam binti Haji Abdul Aziz, whom the monarch divorced in 2003.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

The prince completed his schooling in Brunei, first studying at St. Andrew’s School in the capital,  Bandar Seri Begawan, followed by higher education at Paduka Seri Begawan Sultan Science College and Jerudong International School.

In 2014, Prince Abdul Mateen graduated from King’s College London with a Bachelor of Arts degree in international politics. Two years later, he completed his Master of Arts in International Studies and Diplomacy at the School of Oriental and African Studies, University of London.

Prince Abdul Mateen is a helicopter pilot

The prince began his military training as an officer cadet at the Royal Military Academy Sandhurst in England in 2010, graduating a year later as Second Lieutenant.

He was promoted to Substantive Lieutenant in 2012 and Acting Captain in 2016. The Sultan promoted Prince Mateen to Substantive Captain (Udara) in 2017.

His promotion to Substantive Captain (Udara) came around a month after he completed a seven-month Elementary Flying Training at Royal Air Force (RAF) Cranwell, England.

Prince Mateen continued training as a helicopter pilot. In 2018, he graduated along with 26 other officers from the Defence Helicopter Flying School at the RAF station in Shawbury. The graduation ceremony was attended by the Sultan of Brunei as a special guest. The Sultan presented the aviator badge, also known as ‘wings,’ earned by pilot officers, to the graduates, including his son.

Sultan Hassanal Bolkiah
Sultan Hassanal Bolkiah presenting the aviator badge to Prince Abdul Mateen. (Image credit: Mateen/@tmski/Instagram)

The badge also made Prince Mateen only the second Brunei royal, after his father, to become a licensed pilot.

During his time at Shawbury, the prince trained on the Eurocopter AS350 Écureuil (also known as Squirrel). It was reported at the time that the prince would subsequently take up training to qualify as a Sikorsky UH-60 Black Hawk helicopter pilot.

Pilot Mateen
Prince Mateen in flying overalls with a helicopter in the background. (Image credit: Mateen/@tmski/Instagram)

In 2021, he was promoted to Major in the Royal Brunei Air Force (RBAF) — a rank he currently holds. Later the same year, he underwent the All Arms Commando Course (AACC) at the Royal Marine Commando Training Centre (CTCRM) in Lympstone, England.

He is a celebrated polo player

Sports and fitness are perhaps two of his most passionate interests. His Instagram shows him engaging in boxing, football, golf, martial arts, rowing and several other sports. But while the rest may be his ‘interests,’ polo is certainly where Prince Abdul Mateen has his heart. In fact, he has distinguished himself as well as his country in the sport.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

Prince Mateen has played polo for the Brunei national polo team and represented the country at the Southeast Asian Games (SEA Games) on two occasions. He has reportedly said that he enjoys the complexities of the sport, along with the dexterity, multitasking and control that are required.

Prince Abdul Mateen
Prince Mateen shows the Bronze medal he won as part of Bahrain’s polo team at the 2019 SEA Games. (Image credit: Mateen/@tmski/Instagram)

In 2017, he was part of the team that won the Bronze medal, defeating Singapore at the Equestrian Park Putrajaya in the 29th edition of the games in Kuala Lumpur. His sister, Princess Azemah Ni’matul Bolkiah, was also part of the team. Their father, the Sultan, was present during the match, which made the win more special for Brunei and the royals.

Prince Mateen repeated the Bronze medal, winning the feat two years later at the 30th edition of the games in the Philippines.

The diplomatic life of Prince Abdul Mateen

Prince Abdul Mateen net worth
The Bahrain royal greeting Saudi Arabia’s Crown Prince Mohammed bin Salman. (Image credit: Mateen/@tmski/Instagram)

One of the most important duties of any senior royal family member is representing the monarch at significant diplomatic events. Prince Mateen, too, undertakes a similar role in the Brunei royal family.

While his older half-brother, Crown Prince Al-Muhtadee Billah, will be the next Sultan of Brunei, Prince Mateen has increasingly been seen accompanying Sultan Hassanal Bolkiah or acting as his representative at several significant diplomatic events and engagements over the past few years.

He accompanied his father to Jordan in 2018 for a meeting with King Abdullah ll. He was with the Sultan when the latter arrived at 10 Downing Street in London for a bilateral meeting with then-British Prime Minister Boris Johnson in February 2020. He met US President Joe Biden at the US-ASEAN Special Summit alongside his father in May 2022.

In September 2022, Prince Mateen attended the funeral service of Queen Elizabeth II. He was also among the guests at the coronation of King Charles III along with his father the following year.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

Through the rest of 2022 and 2023, he attended multiple ASEAN meetings across Southeast Asia, visited Bangladesh and met Prime Minister Sheikh Hasina, visited Saudi Arabia and met Crown Prince Mohammed Bin Salman, met leaders of Bahrain, attended the wedding of Crown Prince Hussein of Jordan and Princess Rajwa, and visited France and met President Emmanuel Macron.

He ended 2023 with a visit to Japan with the Sultan for the commemorative summit for the 50th Year of ASEAN-Japan Friendship and Cooperation. On the occasion, he joined his father in a meeting with Emperor Naruhito at the Imperial Palace and later met Prime Minister Fumio Kishida.

Mateen in Tokyo
Sultan Hassanal Bolkiah and Prince Mateen in a conversation with Japan’s Emperor Naruhito at the Imperial Palace in Tokyo. (Image credit: Mateen/@tmski/Instagram)

In September 2023, he visited Singapore as a Lee Kuan Yew Exchange Fellow. Underlining the significance of his time in the Lion City, he said, “Brunei and Singapore share a special and unique relationship and it is my aim to continue to maintain that relationship for future generations. It has been a great week of visiting many of Singapore’s successful institutions, as well as catching up with old friends.”

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

What does Prince Abdul Mateen own?

The Brunei royal has never shied away from flaunting his wealth with his millions of followers on Instagram. Everything — from classic Ferrari to expensive watches and luxury vacations on yachts to his official duties as a royal — Prince Mateen has practically offered more than just a glimpse into his personal life.

There is at least one Land Rover Defender 90 that can be seen in multiple Instagram posts by the prince in 2018.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

He has exotic house pets and in 2017, he shared a picture of a white tiger cub on his social media, writing that the beautiful beast was his “buddy.” In fact, he reportedly calls himself the “father of tigers.”

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

The Vietnam Times said in a report that he is a regular at the Formula 1 night race in Singapore and called him “a frequent patron of the tailor shops along the famed street in west London.”

Prince Abdul Mateen
The prince is praised for his debonaire style. (Image credit: Mateen/@tmski/Instagram)

“If a shining silver armour is the outfit of choice for the princes of yore, then a sharp, three-piece, Savile Row suit is exactly what Prince Mateen will save the day in; in today’s age of Instagram,” the report said about the prince’s style.

According to Vietnam Times, he “owns an enviable wardrobe of quality British tailoring, and is often spotted looking dapper in them”.

It is believed that Prince Mateen resides in Istana Nurul Izzah, a palace located on the outskirts of Bandar Seri Begawan near Jerudong. The royal palace has a series of landscaped gardens, offering private spaces to the residents. It has several public function rooms, including a throne room, and multiple private royal suites. The Sultan resides at Istana Nurul Iman in the capital, which is both the residence of the monarch and the seat of the Government of Brunei.

Even though the high-net-worth lifestyle of Prince Mateen is easily discernible via his Instagram posts, there is no concrete information about the exact assets he owns. On the contrary, an estimate of his father’s fortune may give a hint of the luxurious life that the prince and his siblings have been leading from birth.

Sultan Hassanal Bolkiah has a net worth of USD 28 to USD 30 billion, which makes him one of the richest persons in the world. He lives the most luxurious life for any royal. Reports suggest that he owns around 7,000 cars, which include around 600 Rolls-Royces, over 400 Ferraris and more than 350 Bentleys. One of his Rolls-Royces is believed to be coated in gold and one of his Ferrari cars, a 456 GT Venice, is just one of seven ever made.

The Sultan also reportedly owns his own Boeing 747-400, Boeing 767-200 and Airbus A340-200 jets. The Boeing 747-400 is also believed to be embellished in gold on the inside and cost around USD 400 million.

The palace in which he lives has 1,700 rooms and is hailed as one of the largest royal residences in the world.

What is the net worth of Prince Abdul Mateen?

Prince Mateen Net worth
Prince Mateen poses next to a classic Ferrari convertible. (Image credit: Mateen/@tmski/Instagram)

Based on what is known about the Brunei royal, it is not possible to peg the exact net worth of Prince Abdul Mateen. A country profile by BBC says that Brunei has one of the world’s highest standards of living due to its oil and gas reserves. It adds that members of the royal family have “huge private fortunes.”

Since the country is an absolute monarchy and, according to the BBC, the press is “owned or controlled by the royal family,” there is a lack of information about the exact wealth of royal family members and the sources of their fortune.

This is unlike the system in constitutional monarchies, such as those of the United Kingdom and Denmark, where certain information regarding the income of the royal household and their finances are publicly announced. Moreover, the British monarch receives a Sovereign Grant which is a part of the income from the Crown Estate that the British government gives to the monarch to fund the latter’s official duties.

Nevertheless, Prince Abdul Mateen is likely a multi-millionaire by net worth. One of his sources of income could be the salary he might be drawing as a pilot officer of the RBAF, quite like Prince Harry used to when he served in the British Army Air Corps.

His fiancée, Anisha Rosnah, too, comes from wealth. According to The Independent, she owns a fashion brand named Silk Collective and is the co-owner of a tourism enterprise named Authentirary.

(Hero and Featured images: Mateen/@tmski/Instagram)

Frequently Asked Questions (FAQs)

– Who will be the next Brunei king?

Al-Muhtadee Billah ibni Hassanal Bolkiah, the eldest son of Sultan Hassanal Bolkiah and his wife Queen Saleha, will succeed his father as the next Sultan of Brunei.

– Why is Brunei so rich?

Brunei is rich because of its plentiful oil and gas reserves.

– Who rules Brunei now?

Sultan Hassanal Bolkiah is the current ruler of Brunei.

– What is the religion of Brunei?

According to the government, Islam is the official religion of Brunei Darussalam and has been since the 14th century. About 66 per cent of the population are Muslim, according to the government. Other faiths, such as Christianity and Buddhism, are also practised in the State.

The post Prince Abdul Mateen of Brunei: Net Worth, Luxurious Lifestyle And His Role As A Royal appeared first on Prestige Online - HongKong.

]]>

Prince Abdul Mateen of Brunei is the 10th child of Sultan Hassanal Bolkiah, one of the world’s richest royals. But how much exactly is the net worth of Prince Abdul Mateen?

The Brunei prince is among Asia’s most eligible bachelors. However, he will shed that tag when he marries Dayang Anisha Rosnah Adam, the granddaughter of one of the Sultan of Brunei’s special advisors, Pehin Dato Isa.

The royal Brunei wedding will be a 10-day event, which will begin on 7 January 2024. The marriage will be solemnised on 11 January, followed by a procession through the capital, Bandar Seri Begawan. It will conclude on 16 January after a banquet dinner.

On 1 January, Prince Mateen shared a picture with his 2.4 million followers on Instagram, showing a beaming Anisha Rosnah next to the dapper royal.

Prince Abdul Mateen
Prince Mateen with Anisha Rosnah in a New Year photo released by the prince on Instagram. (Image credit: Mateen/@tmski/Instagram)

Prince Mateen is fifth in line to the throne. As the son of the Sultan, Prince Abdul Mateen has been undertaking important royal duties on behalf of his father for some time and is expected to continue to fulfil the responsibilities.

He is also a serving officer in the Royal Brunei Air Force and an accomplished polo player, the latter of which is one of the reasons behind his immense popularity among the masses both in Brunei and across Southeast Asia.

All about Prince Abdul Mateen, his life as a royal and his net worth

Early life and education

Prince Pengiran Muda ‘Abdul Mateen Bolkiah was born on 10 August 1991 as the fourth son of Sultan Hassanal Bolkiah. His mother is the Sultan’s second wife, Puan Hajah Mariam binti Haji Abdul Aziz, whom the monarch divorced in 2003.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

The prince completed his schooling in Brunei, first studying at St. Andrew’s School in the capital,  Bandar Seri Begawan, followed by higher education at Paduka Seri Begawan Sultan Science College and Jerudong International School.

In 2014, Prince Abdul Mateen graduated from King’s College London with a Bachelor of Arts degree in international politics. Two years later, he completed his Master of Arts in International Studies and Diplomacy at the School of Oriental and African Studies, University of London.

Prince Abdul Mateen is a helicopter pilot

The prince began his military training as an officer cadet at the Royal Military Academy Sandhurst in England in 2010, graduating a year later as Second Lieutenant.

He was promoted to Substantive Lieutenant in 2012 and Acting Captain in 2016. The Sultan promoted Prince Mateen to Substantive Captain (Udara) in 2017.

His promotion to Substantive Captain (Udara) came around a month after he completed a seven-month Elementary Flying Training at Royal Air Force (RAF) Cranwell, England.

Prince Mateen continued training as a helicopter pilot. In 2018, he graduated along with 26 other officers from the Defence Helicopter Flying School at the RAF station in Shawbury. The graduation ceremony was attended by the Sultan of Brunei as a special guest. The Sultan presented the aviator badge, also known as ‘wings,’ earned by pilot officers, to the graduates, including his son.

Sultan Hassanal Bolkiah
Sultan Hassanal Bolkiah presenting the aviator badge to Prince Abdul Mateen. (Image credit: Mateen/@tmski/Instagram)

The badge also made Prince Mateen only the second Brunei royal, after his father, to become a licensed pilot.

During his time at Shawbury, the prince trained on the Eurocopter AS350 Écureuil (also known as Squirrel). It was reported at the time that the prince would subsequently take up training to qualify as a Sikorsky UH-60 Black Hawk helicopter pilot.

Pilot Mateen
Prince Mateen in flying overalls with a helicopter in the background. (Image credit: Mateen/@tmski/Instagram)

In 2021, he was promoted to Major in the Royal Brunei Air Force (RBAF) — a rank he currently holds. Later the same year, he underwent the All Arms Commando Course (AACC) at the Royal Marine Commando Training Centre (CTCRM) in Lympstone, England.

He is a celebrated polo player

Sports and fitness are perhaps two of his most passionate interests. His Instagram shows him engaging in boxing, football, golf, martial arts, rowing and several other sports. But while the rest may be his ‘interests,’ polo is certainly where Prince Abdul Mateen has his heart. In fact, he has distinguished himself as well as his country in the sport.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

Prince Mateen has played polo for the Brunei national polo team and represented the country at the Southeast Asian Games (SEA Games) on two occasions. He has reportedly said that he enjoys the complexities of the sport, along with the dexterity, multitasking and control that are required.

Prince Abdul Mateen
Prince Mateen shows the Bronze medal he won as part of Bahrain’s polo team at the 2019 SEA Games. (Image credit: Mateen/@tmski/Instagram)

In 2017, he was part of the team that won the Bronze medal, defeating Singapore at the Equestrian Park Putrajaya in the 29th edition of the games in Kuala Lumpur. His sister, Princess Azemah Ni’matul Bolkiah, was also part of the team. Their father, the Sultan, was present during the match, which made the win more special for Brunei and the royals.

Prince Mateen repeated the Bronze medal, winning the feat two years later at the 30th edition of the games in the Philippines.

The diplomatic life of Prince Abdul Mateen

Prince Abdul Mateen net worth
The Bahrain royal greeting Saudi Arabia’s Crown Prince Mohammed bin Salman. (Image credit: Mateen/@tmski/Instagram)

One of the most important duties of any senior royal family member is representing the monarch at significant diplomatic events. Prince Mateen, too, undertakes a similar role in the Brunei royal family.

While his older half-brother, Crown Prince Al-Muhtadee Billah, will be the next Sultan of Brunei, Prince Mateen has increasingly been seen accompanying Sultan Hassanal Bolkiah or acting as his representative at several significant diplomatic events and engagements over the past few years.

He accompanied his father to Jordan in 2018 for a meeting with King Abdullah ll. He was with the Sultan when the latter arrived at 10 Downing Street in London for a bilateral meeting with then-British Prime Minister Boris Johnson in February 2020. He met US President Joe Biden at the US-ASEAN Special Summit alongside his father in May 2022.

In September 2022, Prince Mateen attended the funeral service of Queen Elizabeth II. He was also among the guests at the coronation of King Charles III along with his father the following year.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

Through the rest of 2022 and 2023, he attended multiple ASEAN meetings across Southeast Asia, visited Bangladesh and met Prime Minister Sheikh Hasina, visited Saudi Arabia and met Crown Prince Mohammed Bin Salman, met leaders of Bahrain, attended the wedding of Crown Prince Hussein of Jordan and Princess Rajwa, and visited France and met President Emmanuel Macron.

He ended 2023 with a visit to Japan with the Sultan for the commemorative summit for the 50th Year of ASEAN-Japan Friendship and Cooperation. On the occasion, he joined his father in a meeting with Emperor Naruhito at the Imperial Palace and later met Prime Minister Fumio Kishida.

Mateen in Tokyo
Sultan Hassanal Bolkiah and Prince Mateen in a conversation with Japan’s Emperor Naruhito at the Imperial Palace in Tokyo. (Image credit: Mateen/@tmski/Instagram)

In September 2023, he visited Singapore as a Lee Kuan Yew Exchange Fellow. Underlining the significance of his time in the Lion City, he said, “Brunei and Singapore share a special and unique relationship and it is my aim to continue to maintain that relationship for future generations. It has been a great week of visiting many of Singapore’s successful institutions, as well as catching up with old friends.”

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

What does Prince Abdul Mateen own?

The Brunei royal has never shied away from flaunting his wealth with his millions of followers on Instagram. Everything — from classic Ferrari to expensive watches and luxury vacations on yachts to his official duties as a royal — Prince Mateen has practically offered more than just a glimpse into his personal life.

There is at least one Land Rover Defender 90 that can be seen in multiple Instagram posts by the prince in 2018.

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

He has exotic house pets and in 2017, he shared a picture of a white tiger cub on his social media, writing that the beautiful beast was his “buddy.” In fact, he reportedly calls himself the “father of tigers.”

 

View this post on Instagram

 

A post shared by Mateen (@tmski)

The Vietnam Times said in a report that he is a regular at the Formula 1 night race in Singapore and called him “a frequent patron of the tailor shops along the famed street in west London.”

Prince Abdul Mateen
The prince is praised for his debonaire style. (Image credit: Mateen/@tmski/Instagram)

“If a shining silver armour is the outfit of choice for the princes of yore, then a sharp, three-piece, Savile Row suit is exactly what Prince Mateen will save the day in; in today’s age of Instagram,” the report said about the prince’s style.

According to Vietnam Times, he “owns an enviable wardrobe of quality British tailoring, and is often spotted looking dapper in them”.

It is believed that Prince Mateen resides in Istana Nurul Izzah, a palace located on the outskirts of Bandar Seri Begawan near Jerudong. The royal palace has a series of landscaped gardens, offering private spaces to the residents. It has several public function rooms, including a throne room, and multiple private royal suites. The Sultan resides at Istana Nurul Iman in the capital, which is both the residence of the monarch and the seat of the Government of Brunei.

Even though the high-net-worth lifestyle of Prince Mateen is easily discernible via his Instagram posts, there is no concrete information about the exact assets he owns. On the contrary, an estimate of his father’s fortune may give a hint of the luxurious life that the prince and his siblings have been leading from birth.

Sultan Hassanal Bolkiah has a net worth of USD 28 to USD 30 billion, which makes him one of the richest persons in the world. He lives the most luxurious life for any royal. Reports suggest that he owns around 7,000 cars, which include around 600 Rolls-Royces, over 400 Ferraris and more than 350 Bentleys. One of his Rolls-Royces is believed to be coated in gold and one of his Ferrari cars, a 456 GT Venice, is just one of seven ever made.

The Sultan also reportedly owns his own Boeing 747-400, Boeing 767-200 and Airbus A340-200 jets. The Boeing 747-400 is also believed to be embellished in gold on the inside and cost around USD 400 million.

The palace in which he lives has 1,700 rooms and is hailed as one of the largest royal residences in the world.

What is the net worth of Prince Abdul Mateen?

Prince Mateen Net worth
Prince Mateen poses next to a classic Ferrari convertible. (Image credit: Mateen/@tmski/Instagram)

Based on what is known about the Brunei royal, it is not possible to peg the exact net worth of Prince Abdul Mateen. A country profile by BBC says that Brunei has one of the world’s highest standards of living due to its oil and gas reserves. It adds that members of the royal family have “huge private fortunes.”

Since the country is an absolute monarchy and, according to the BBC, the press is “owned or controlled by the royal family,” there is a lack of information about the exact wealth of royal family members and the sources of their fortune.

This is unlike the system in constitutional monarchies, such as those of the United Kingdom and Denmark, where certain information regarding the income of the royal household and their finances are publicly announced. Moreover, the British monarch receives a Sovereign Grant which is a part of the income from the Crown Estate that the British government gives to the monarch to fund the latter’s official duties.

Nevertheless, Prince Abdul Mateen is likely a multi-millionaire by net worth. One of his sources of income could be the salary he might be drawing as a pilot officer of the RBAF, quite like Prince Harry used to when he served in the British Army Air Corps.

His fiancée, Anisha Rosnah, too, comes from wealth. According to The Independent, she owns a fashion brand named Silk Collective and is the co-owner of a tourism enterprise named Authentirary.

(Hero and Featured images: Mateen/@tmski/Instagram)

Frequently Asked Questions (FAQs)

– Who will be the next Brunei king?

Al-Muhtadee Billah ibni Hassanal Bolkiah, the eldest son of Sultan Hassanal Bolkiah and his wife Queen Saleha, will succeed his father as the next Sultan of Brunei.

– Why is Brunei so rich?

Brunei is rich because of its plentiful oil and gas reserves.

– Who rules Brunei now?

Sultan Hassanal Bolkiah is the current ruler of Brunei.

– What is the religion of Brunei?

According to the government, Islam is the official religion of Brunei Darussalam and has been since the 14th century. About 66 per cent of the population are Muslim, according to the government. Other faiths, such as Christianity and Buddhism, are also practised in the State.

The post Prince Abdul Mateen of Brunei: Net Worth, Luxurious Lifestyle And His Role As A Royal appeared first on Prestige Online - HongKong.

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Here Are the World’s Highest-Paid Golfers https://www.prestigeonline.com/hk/leisure/golf/highest-paid-golfers-in-the-world/ Wed, 03 Jan 2024 08:00:26 +0000 https://www.prestigeonline.com/hk/?p=297257 highest paid golfers

Elite athletes come with a price tag and it’s not without reason. The road to the top is hard and lonely, and in golf less than 1% of the aspirants make the professional ranks. Making the money rounds isn’t enough here, the key is to keep the cash registers ringing regularly. Which is why the list of the world’s highest-paid golfers and their net worth continues to grow, year after year.

Golf is a fickle sport but the top pros have cracked the code of making the weekend rounds count regularly. Proof lies in Forbes’ list of the top-10 richest athletes in 2023, which featured Dustin Johnson and Phil Mickelson.

The talk of the season though was Jon Rahm, LIV Golf’s biggest signing since Johnson and Mickelson joined the Saudi-backed enterprise. The World No 3 Spaniard signed a deal of around USD 500 to USD 600 million, which is more than the PGA Tour’s total prize money in 2023.

These mind-boggling numbers are good for the sport and its exponents, but they also are a source of inspiration for the wide-eyed to step up and emulate their idols. Read on for our list of the highest paid golfers of the 2023 season.

Presenting the highest-paid golfers in the world, as of 2023

Jon Rahm

Array
Jon Rahm, who is the highest paid golfer as of 2023, holds aloft the Masters championship trophy at Augusta National Golf Club. (Image credit: Logan Whitton/Augusta National)

Age: 29
On-Course Value: $329 Million
Off-Course Value: $25 Million

The Spaniard is the top-ranked athlete on our list of the highest paid golfers in 2023. Jon Rahm had a solid year in 2023, earning some serious money. Rahm concluded the year third on the Official World Golf Ranking, trailing Scottie Scheffler and Rory McIlroy. He started the year on a high note, winning the Sentry Tournament of Champions and American Express. Two top-ten performances at the Farmers Insurance Open and WM Phoenix Open set him up for an incredible victory at the Genesis Invitational. His winnings from the Masters Tournament and his second-place performance at the Open Championship also brought in a substantial sum of money.

Although Rahm amassed enormous wealth in 2023, it paled in comparison to the sum LIV Golf offered him to become a part of the lucrative tour. It is widely reported that Rahm’s compensation for leaving the PGA Tour is estimated to have been between $400 million and $600 million; the Telegraph has the most accurate figure at $566 million, of which $302 million was paid upfront.

Dustin Johnson

 

View this post on Instagram

 

A post shared by Dustin Johnson (@dustinjohnsongolf)

Age: 39
On-Course Value: $106 Million
Off-Course Value: $5 Million

Known fondly as “DJ,” Dustin Johnson has a fortune to his name. Since turning pro in 2007, the South Carolina golfer has won numerous tournaments all around the world. Johnson, with an estimated $106 million in earnings, is the second highest-paid golfer in 2023. He moved to the LIV Golf League, where he now leads 4Aces GC and has a lucrative deal. Johnson’s earnings this year have also been significantly increased by endeavours off the golf course. His other major sources of income outside golf come from his different endorsements, including Adidas, BodyArmor, Hublot, RBC, NetJets, Perfect Practice, and TaylorMade.

Phil Mickelson

 

View this post on Instagram

 

A post shared by Phil Mickelson (@philmickelson)

Age: 53
On-Course Value: $105 Million
Off-Course Value: $2 Million

This season, Phil Mickelson has made solid earnings from LIV Golf. Being on the list of highest paid golfers in 2023, he has participated in 13 Saudi circuit competitions, with a best result of 10th at the Bedminster tournament. At the Mayakoba tournament, Mickelson finished 27th to kick off the LIV Golf season. He also makes handsome sums from his several sponsorship deals. Amgen, Titleist, Grayhawk, Intrepid Financial Partners, and Coffee of Wellness are a few of the sponsors. In addition, he owns the thriving Phil Mickelson Golf Club.

Rory Mcllroy

 

View this post on Instagram

 

A post shared by RORY (@rorymcilroy)

Age: 34
On-Course Value: $40 Million
Off-Course Value: $40 Million

The Northern Irishman began 2023 on the winning side of the DP World Tour, winning the Hero Dubai Desert Classic. At the PGA Tour’s WM Phoenix Open, he finished 32nd and earned $109K in prize money. Following that, he won $134K by finishing T29 at the Genesis Invitational, and then won $1.7 million at the 2023 Arnold Palmer Invitational by finishing T2. Following his T7 performance at the PGA Championship, Rory McIlroy earned $555,000. At the Genesis Scottish Open, he also took home a $1.5 million prize as winner. A successful investor off the course, he has developed a business around Whoop, a health tracking device; LetsGetChecked, a healthcare app; and TMRW Sports, which he co-founded with Tiger Woods.

Brooks Koepka

 

View this post on Instagram

 

A post shared by Brooks Koepka (@bkoepka)

Age: 33
On-Course Value: $71 Million
Off-Course Value: $6 Million

With a victory at the Jeddah Invitational, Brooks Koepka concluded the 2023 LIV Golf regular season. A popular figure among the highest paid golfers, Koepka defeated Talor Gooch in a playoff match to successfully defend his title after the two had tied for first place at Royal Greens Golf and Country Club. He moved up to third place in the season-long individual standings and in addition to his winnings in Jeddah, he received a $4,000,000 bonus payout. Koepka won the PGA Championship for the third time, making it five Major victories in six years. As the first player from LIV Golf to win a Major title, Koepka made history when he won the 2023 PGA Championship at Oak Hill Country Club. With earnings both on and off the course, Koepka amassed almost $77 million in 2023.

Cameron Smith

 

View this post on Instagram

 

A post shared by Cameron Smith (@cameronsmithgolf)

Age: 30
On-Course Value: $70 Million
Off-Course Value: $6 Million

Cameron Smith reportedly received $30,731,916 from LIV Golf until July. He also received a hefty bonus for his performance, placing him second in the LIV Golf points list behind Talor Gooch. The 29-year-old also emerged victorious in two LIV Golf events. At LIV Golf Bedminster, Smith turned up in classic athletic form and dominated the leaderboard the entire way. He ultimately defeated Anirban Lahiri by a seven-stroke margin. With the addition of $4 million in prize money, he had one of the most fruitful seasons on LIV Golf. His endorsement agreements with Titleist and Original Penguin provide for a sizeable portion of his off-course income.

Tiger Woods

Array
(Image: Instagram/@Tiger Woods)

Age: 47
On-Course Value: $15 Million
Off-Course Value: $60 Million

Recovering from injury, Tiger Woods participated in only two PGA Tour events in 2023. He made the majority of his 2023 on-course value through the PGA Tour Player Impact Program despite spending time off the golf course. After placing second on the list, he received $12 million from the bonus purse. Woods made his comeback at the Hero World Challenge in the Bahamas in late November. He could have made a lot more money this year, but he turned down a reported $800 million offer to join LIV Golf. Woods also has several endorsements, including TaylorMade, Hero Motocorp, Bridgestone, GolfTV, Monster Energy, and others, contributing to his off-course earnings.

Bryson DeChambeau

 

View this post on Instagram

 

A post shared by Bryson DeChambeau (@brysondechambeau)

Age: 30
On-Course Value: $70 Million
Off-Course Value: $1 Million

One of the well-known golfers to participate in the inaugural season of LIV Golf, the long-hitting Bryson DeChambeau was in high demand on the Tour straight away. The American had a fantastic season in 2023, brought out by his incredible victory at LIV Greenbrier, where he shot a record-tying 58 on the last day to take home the $4 million winner’s prize, and followed with another title at Chicago. Nicknamed “The Scientist” for his methodical approach to the game, Dechambeau has already won over $12 million in prize money in the first two LIV Golf seasons. The main man of LIV’s Crushers GC, DeChambeau, earned $71 million in 2023 both on and off the course, mostly thanks to the signing bonus he received when he joined the golf league.

Patrick Reed

 

View this post on Instagram

 

A post shared by Patrick Reed (@preedgolf)

Age: 33
On-Course Value: $50 Million
Off-Course Value: $3 Million

Nicknamed “Captain America” for his Ryder Cup heroics, Patrick Reed has nine victories, including one Major championship and two World Golf Championships. After joining LIV Golf, Reed reportedly made over $1.5 million at every event, totaling almost $12 million in a single season. Reed received $1,275,000 for finishing T3 in the Orlando event. Reed returned to Augusta to compete at The Masters, earning $744,000. With significant brands like EasyPost, Grindworks, Titlelist, Nike, Hublot, BioSteel, and others, Reed has numerous endorsement and sponsorship deals.

Scottie Scheffler

Age: 27
On-Course Value: $35 Million
Off-Course Value: $15 Million

Scottie Scheffler’s estimated on-course earnings are about $35 million, which includes revenue from official events, unofficial tournaments, and 2023 Player Impact Program payout. After suffering a devastating loss in the FedEx Cup the previous year, Scheffler had a tremendous season in 2023, winning both the Phoenix Open and the Players Championship. Scheffler’s career earnings are significantly boosted by his multiple brand deals as well. While Nike is Scheffler’s primary sponsor, he also has endorsements from a number of other well-known companies, including TaylorMade Golf. In addition, he has endorsement contracts with notable businesses, including NetJets, Vertex, Rolex, and Titleist.

(Main images: Rory McIlroy, Tiger Woods, Scottie Scheffler, Instagram; Featured image: Rory McIlroy/ Instagram)

Frequently Asked Questions (FAQs)

– Who was the richest golfer in 2023?

Tiger Woods, widely recognised as one of the greatest golfers of all time and one of the most well-known athletes in modern history, is the world’s richest golfer as of 2023, with a net worth of more than one billion dollars.

– How much did Jon Rahm earn in 2023?

Jon Rahm had a fantastic 2023, and among other earnings, he reportedly received between $400 and $600 million for quitting the PGA Tour to join LIV Golf.

– Who has the most career earnings on the PGA Tour?

Tiger Woods has earned the most money on the PGA Tour as of 2023, with lifetime earnings totalling roughly $121 million.

– How much prize money has Rickie Fowler earned?

Since turning professional in 2009, Rickie Fowler has total career earnings of over $52 million.

The post Here Are the World’s Highest-Paid Golfers appeared first on Prestige Online - HongKong.

]]>
highest paid golfers

Elite athletes come with a price tag and it’s not without reason. The road to the top is hard and lonely, and in golf less than 1% of the aspirants make the professional ranks. Making the money rounds isn’t enough here, the key is to keep the cash registers ringing regularly. Which is why the list of the world’s highest-paid golfers and their net worth continues to grow, year after year.

Golf is a fickle sport but the top pros have cracked the code of making the weekend rounds count regularly. Proof lies in Forbes’ list of the top-10 richest athletes in 2023, which featured Dustin Johnson and Phil Mickelson.

The talk of the season though was Jon Rahm, LIV Golf’s biggest signing since Johnson and Mickelson joined the Saudi-backed enterprise. The World No 3 Spaniard signed a deal of around USD 500 to USD 600 million, which is more than the PGA Tour’s total prize money in 2023.

These mind-boggling numbers are good for the sport and its exponents, but they also are a source of inspiration for the wide-eyed to step up and emulate their idols. Read on for our list of the highest paid golfers of the 2023 season.

Presenting the highest-paid golfers in the world, as of 2023

Jon Rahm

Array
Jon Rahm, who is the highest paid golfer as of 2023, holds aloft the Masters championship trophy at Augusta National Golf Club. (Image credit: Logan Whitton/Augusta National)

Age: 29
On-Course Value: $329 Million
Off-Course Value: $25 Million

The Spaniard is the top-ranked athlete on our list of the highest paid golfers in 2023. Jon Rahm had a solid year in 2023, earning some serious money. Rahm concluded the year third on the Official World Golf Ranking, trailing Scottie Scheffler and Rory McIlroy. He started the year on a high note, winning the Sentry Tournament of Champions and American Express. Two top-ten performances at the Farmers Insurance Open and WM Phoenix Open set him up for an incredible victory at the Genesis Invitational. His winnings from the Masters Tournament and his second-place performance at the Open Championship also brought in a substantial sum of money.

Although Rahm amassed enormous wealth in 2023, it paled in comparison to the sum LIV Golf offered him to become a part of the lucrative tour. It is widely reported that Rahm’s compensation for leaving the PGA Tour is estimated to have been between $400 million and $600 million; the Telegraph has the most accurate figure at $566 million, of which $302 million was paid upfront.

Dustin Johnson

 

View this post on Instagram

 

A post shared by Dustin Johnson (@dustinjohnsongolf)

Age: 39
On-Course Value: $106 Million
Off-Course Value: $5 Million

Known fondly as “DJ,” Dustin Johnson has a fortune to his name. Since turning pro in 2007, the South Carolina golfer has won numerous tournaments all around the world. Johnson, with an estimated $106 million in earnings, is the second highest-paid golfer in 2023. He moved to the LIV Golf League, where he now leads 4Aces GC and has a lucrative deal. Johnson’s earnings this year have also been significantly increased by endeavours off the golf course. His other major sources of income outside golf come from his different endorsements, including Adidas, BodyArmor, Hublot, RBC, NetJets, Perfect Practice, and TaylorMade.

Phil Mickelson

 

View this post on Instagram

 

A post shared by Phil Mickelson (@philmickelson)

Age: 53
On-Course Value: $105 Million
Off-Course Value: $2 Million

This season, Phil Mickelson has made solid earnings from LIV Golf. Being on the list of highest paid golfers in 2023, he has participated in 13 Saudi circuit competitions, with a best result of 10th at the Bedminster tournament. At the Mayakoba tournament, Mickelson finished 27th to kick off the LIV Golf season. He also makes handsome sums from his several sponsorship deals. Amgen, Titleist, Grayhawk, Intrepid Financial Partners, and Coffee of Wellness are a few of the sponsors. In addition, he owns the thriving Phil Mickelson Golf Club.

Rory Mcllroy

 

View this post on Instagram

 

A post shared by RORY (@rorymcilroy)

Age: 34
On-Course Value: $40 Million
Off-Course Value: $40 Million

The Northern Irishman began 2023 on the winning side of the DP World Tour, winning the Hero Dubai Desert Classic. At the PGA Tour’s WM Phoenix Open, he finished 32nd and earned $109K in prize money. Following that, he won $134K by finishing T29 at the Genesis Invitational, and then won $1.7 million at the 2023 Arnold Palmer Invitational by finishing T2. Following his T7 performance at the PGA Championship, Rory McIlroy earned $555,000. At the Genesis Scottish Open, he also took home a $1.5 million prize as winner. A successful investor off the course, he has developed a business around Whoop, a health tracking device; LetsGetChecked, a healthcare app; and TMRW Sports, which he co-founded with Tiger Woods.

Brooks Koepka

 

View this post on Instagram

 

A post shared by Brooks Koepka (@bkoepka)

Age: 33
On-Course Value: $71 Million
Off-Course Value: $6 Million

With a victory at the Jeddah Invitational, Brooks Koepka concluded the 2023 LIV Golf regular season. A popular figure among the highest paid golfers, Koepka defeated Talor Gooch in a playoff match to successfully defend his title after the two had tied for first place at Royal Greens Golf and Country Club. He moved up to third place in the season-long individual standings and in addition to his winnings in Jeddah, he received a $4,000,000 bonus payout. Koepka won the PGA Championship for the third time, making it five Major victories in six years. As the first player from LIV Golf to win a Major title, Koepka made history when he won the 2023 PGA Championship at Oak Hill Country Club. With earnings both on and off the course, Koepka amassed almost $77 million in 2023.

Cameron Smith

 

View this post on Instagram

 

A post shared by Cameron Smith (@cameronsmithgolf)

Age: 30
On-Course Value: $70 Million
Off-Course Value: $6 Million

Cameron Smith reportedly received $30,731,916 from LIV Golf until July. He also received a hefty bonus for his performance, placing him second in the LIV Golf points list behind Talor Gooch. The 29-year-old also emerged victorious in two LIV Golf events. At LIV Golf Bedminster, Smith turned up in classic athletic form and dominated the leaderboard the entire way. He ultimately defeated Anirban Lahiri by a seven-stroke margin. With the addition of $4 million in prize money, he had one of the most fruitful seasons on LIV Golf. His endorsement agreements with Titleist and Original Penguin provide for a sizeable portion of his off-course income.

Tiger Woods

Array
(Image: Instagram/@Tiger Woods)

Age: 47
On-Course Value: $15 Million
Off-Course Value: $60 Million

Recovering from injury, Tiger Woods participated in only two PGA Tour events in 2023. He made the majority of his 2023 on-course value through the PGA Tour Player Impact Program despite spending time off the golf course. After placing second on the list, he received $12 million from the bonus purse. Woods made his comeback at the Hero World Challenge in the Bahamas in late November. He could have made a lot more money this year, but he turned down a reported $800 million offer to join LIV Golf. Woods also has several endorsements, including TaylorMade, Hero Motocorp, Bridgestone, GolfTV, Monster Energy, and others, contributing to his off-course earnings.

Bryson DeChambeau

 

View this post on Instagram

 

A post shared by Bryson DeChambeau (@brysondechambeau)

Age: 30
On-Course Value: $70 Million
Off-Course Value: $1 Million

One of the well-known golfers to participate in the inaugural season of LIV Golf, the long-hitting Bryson DeChambeau was in high demand on the Tour straight away. The American had a fantastic season in 2023, brought out by his incredible victory at LIV Greenbrier, where he shot a record-tying 58 on the last day to take home the $4 million winner’s prize, and followed with another title at Chicago. Nicknamed “The Scientist” for his methodical approach to the game, Dechambeau has already won over $12 million in prize money in the first two LIV Golf seasons. The main man of LIV’s Crushers GC, DeChambeau, earned $71 million in 2023 both on and off the course, mostly thanks to the signing bonus he received when he joined the golf league.

Patrick Reed

 

View this post on Instagram

 

A post shared by Patrick Reed (@preedgolf)

Age: 33
On-Course Value: $50 Million
Off-Course Value: $3 Million

Nicknamed “Captain America” for his Ryder Cup heroics, Patrick Reed has nine victories, including one Major championship and two World Golf Championships. After joining LIV Golf, Reed reportedly made over $1.5 million at every event, totaling almost $12 million in a single season. Reed received $1,275,000 for finishing T3 in the Orlando event. Reed returned to Augusta to compete at The Masters, earning $744,000. With significant brands like EasyPost, Grindworks, Titlelist, Nike, Hublot, BioSteel, and others, Reed has numerous endorsement and sponsorship deals.

Scottie Scheffler

Age: 27
On-Course Value: $35 Million
Off-Course Value: $15 Million

Scottie Scheffler’s estimated on-course earnings are about $35 million, which includes revenue from official events, unofficial tournaments, and 2023 Player Impact Program payout. After suffering a devastating loss in the FedEx Cup the previous year, Scheffler had a tremendous season in 2023, winning both the Phoenix Open and the Players Championship. Scheffler’s career earnings are significantly boosted by his multiple brand deals as well. While Nike is Scheffler’s primary sponsor, he also has endorsements from a number of other well-known companies, including TaylorMade Golf. In addition, he has endorsement contracts with notable businesses, including NetJets, Vertex, Rolex, and Titleist.

(Main images: Rory McIlroy, Tiger Woods, Scottie Scheffler, Instagram; Featured image: Rory McIlroy/ Instagram)

Frequently Asked Questions (FAQs)

– Who was the richest golfer in 2023?

Tiger Woods, widely recognised as one of the greatest golfers of all time and one of the most well-known athletes in modern history, is the world’s richest golfer as of 2023, with a net worth of more than one billion dollars.

– How much did Jon Rahm earn in 2023?

Jon Rahm had a fantastic 2023, and among other earnings, he reportedly received between $400 and $600 million for quitting the PGA Tour to join LIV Golf.

– Who has the most career earnings on the PGA Tour?

Tiger Woods has earned the most money on the PGA Tour as of 2023, with lifetime earnings totalling roughly $121 million.

– How much prize money has Rickie Fowler earned?

Since turning professional in 2009, Rickie Fowler has total career earnings of over $52 million.

The post Here Are the World’s Highest-Paid Golfers appeared first on Prestige Online - HongKong.

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7 Top Female Philanthropists Who Put Their Billions To Good Use https://www.prestigeonline.com/hk/lifestyle/wealth-management/7-top-female-philanthropists-who-put-their-billions-to-good-use/ Wed, 03 Jan 2024 00:00:00 +0000 https://www.prestigeonline.com/hk/?p=297063

For as long as humans have existed, so too has charity and the charitable acts it entails. While the notion that philanthropy is best left to the rich should be dispensed with, it is an inevitable fact: the rich simply have more to share. To give is to love, and these famous female philanthropists have shown us just how billions can be put to good use in uplifting the voices of those in need.

Just who is the modern day philanthropist and what are their endowments capable of doing? While the average lay person like you and I may contribute what we can to causes of our choosing, larger donations from the ultra-high net worth set can change the course of a charity for the greater good. History has more than proven this; more than one institution of higher education was funded by the good graces of the wealthy elite. And that’s not all.

Who are some philanthropists and what have they contributed?

In the early days of the pandemic, Dolly Parton famously donated USD 1 million to fund Coronavirus research. The Elton John AIDS Foundation raises funds to support HIV-related programs on a global scale. The Streisand Foundation, founded by Barbara Streisand, has donated over USD 25 million to some 800 organisations in support of women’s issues, environmental preservation, and more. And who can hold a conversation about charity without discussing the Oprah Winfrey Foundation, which has donated over USD 40 million in aid of women and children globally?

On a smaller scale is actor Michael Sheen, renowned for playing one half of Neil Gaiman’s ‘ineffable husbands’ duo on the Good Omens series, which has enjoyed the love of a devoted cult following. In an interview with The Big Issue, the actor shared, “I’ve essentially turned myself into a social enterprise, a not-for-profit actor.”

While it’s prudent to acknowledge that we’re a long way from utopia, these acts of generosity and kindness deserve to be celebrated. With that, we’re looking at some top female philanthropists who are doing their part in uplifting the voices of the needy – whilst also putting their billions to good use.

7 top female philanthropists who are uplifting the underserved with hefty contributions

Melinda French Gates

uplifting famous modern day top female philanthropist
(Image: Melinda French Gates/@melindafrenchgates/Instagram)

With a current net worth of USD 10.6 billion, Melinda French Gates sits firmly among the world’s top female philanthropists, uplifting underserved communities through donations made via The Bill & Melinda Gates Foundation. The foundation, which she founded alongside her ex-husband, Microsoft founder and billionaire Bill Gates, is the second largest philanthropic organisation in the world. With an endowment of nearly USD 70 billion, it operates in over 130 countries in support of healthcare enhancement, the eradication of poverty, the expansion of educational opportunities, and more. Since its founding and as of the fourth quarter of 2022, the foundation has paid out USD 71.4 billion in grants.

On a personal level, Melinda’s personal causes include maternal and child health, access to contraception, and gender equality; to date, her philanthropic contributions have been valued at over USD 39 billion.

MacKenzie Scott

(Image: Greg Doherty/Patrick McMullan via Getty Images)

Coming in 9th in 2023’s list of richest female billionaires is novelist MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos with a net worth of USD 41.1 billion. Upon finalising her high-profile divorce in April of 2019, Scott received USD 38.3 billion in Amazon stock as well as a 4% stake in the online retailer. However, this top female philanthropist has since committed to giving away her fortune, publicly pledging to keep at it ‘until the safe is empty’. Scott’s page on The Giving Pledge provides insight into her personal mission; she writes, “We each come by the gifts we have to offer by an infinite series of influences and lucky breaks we can never fully understand. In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait.”

Scott’s methods for disbursement frequently go under the radar, with many early recipients dismissing her team’s efforts at reaching out for spam. Despite having given away USD 2.1 billion in gifts in 2023 alone, Scott prefers to maintain a low profile and rarely gives out interviews. In 2022, Scott set up Yield Giving, a charitable organisation and website that details her financial gifts. According to the website, to date, her network of staff and advisors have yielded over USD 16,500,000,000 to 1900+ non-profit teams and organisations to ‘use as they see fit for the benefit of others’. These gifts are spread out across a multitude of causes from Economic Security and Opportunity and Education to Environment, Equity, and Justice.

Melanie Perkins

(Image: David Fitzgerald/Sportsfile for Web Summit via Getty Images)

CEO and co-founder of Canva and top female philanthropist Melanie Perkins totes a net worth of USD 3.6 billion – and she’s putting it to good use. Along with her co-founder and husband Cliff Obrecht, Perkins is of the belief that they are ‘purely custodians’ of their company’s earnings, adding that it has never felt like her personal money. The story of the tech design start-up is a true rags-to-riches epic; once rejected by 100 venture capitalists, it eventually took off to great aplomb, earning its highest ever valuation at USD 40 billion in 2021. Though its current valuation sits at a tidy USD 25.6 billion, a USD 14 billion markdown, there’s still a lot of wealth to give away.

To this end, the dynamic duo set up the Canva Foundation in 2020, pledging to commit their 30 percent equity in the company to philanthropic endeavours across the world. To date, the foundation has provided grants totalling up to USD 14,989,295, fueling charities dedicated to fighting against homelessness, food insecurity, illiteracy, housing insecurity, and more. Perkins herself feels strongly about giving, a sentiment echoed by the company she has built. The end goal: be one of the most valuable companies in the world and do the most amount of good possible.

Rihanna

With a net worth of USD 1.4 billion as of 2023, Rihanna is the epitome of a self-made woman, a powerful force of nature that has earned her success in more ways than one. As one of the most recognisable singers, actresses, and business owners of our era, she is known for her creative work, as well as for her iconic, inclusive cosmetics brand Fenty Beauty. But that’s not all – she’s also an activist, advocate, and all-rounded top female philanthropist with a long history of uplifting the underserved.

The global superstar’s dance with charity began at the tender age of 18, when she founded the Believe Foundation in aid of terminally ill children. Since then, her spirit of giving has only grown, evident in the philanthropic work that marks her life of hard-won fame and success. In 2017, she was named Harvard’s Humanitarian of the year; in 2018, she was named ambassador of education for the country of Barbados, from which she hails. Harbouring a deep passion for education in young people, she has clearly flourished in this role. She founded her own charity in 2012 – the Clara Lionel Foundation, named for her grandparents. Since 2016, she has invested USD 5 million in support of accessible education; she also continues to raise funds for her foundation through her annual Diamond Ball, where high entrance fees and a live auction amongst high-profile celebrity attendees serve to fuel the change we all want to see in the world. As ambassador for the Global Partnership for Education, Rihanna has also helped to secure USD 2.3 billion to provide education in developing countries.

RiRi’s personal causes are varied as she is generous; other notable donations include USD 5 million to COVID-19 response relief, as well as USD 2.1 million to support victims of domestic abuse during lockdown. She is also a passionate advocate, speaking up for the Black Lives Matter movement and championing inclusivity and representation through her cosmetics and fashion businesses: Fenty Beauty and Savage X Fenty.

Taylor Swift

(Image: Taylor Swift/@taylorswift/Instagram)

Newly minted billionaire and Time’s Person of the Year Taylor Swift is an indomitable storm of success with no signs of stopping, and we absolutely love to see it. Having recently hit a net worth of USD 1.1 billion, the singer is known for her generosity among her staunch followers, for whom she’s famously doled out her hard-earned wealth, paying off college tuition fees, rent, and medical bills alike. She’s also noted for being generous with her time and has famously surprised unsuspecting fans by popping up unannounced to weddings, bridal showers, and even hospital visits. While Swift’s critics have been quick to point out her lack of ‘notable’ charitable contributions, the impact of her contributions have been personal and genuine, reflecting the deep bond she shares with her fans.

That’s not to say the global superstar hasn’t donated a hefty chunk of her wealth. Having raked in an estimated USD 1 billion for her highly successful Eras Tour, Swift is no stranger to managing her wealth. While unconventional, her methods for giving very often hit home, and extend beyond simply giving money. In 2012, Swift wrote and performed Ronan at the nationally televised Stand Up 2 Cancer event, honouring a little boy’s battle with fatal neuroblastoma and pledging all proceeds to cancer charities. To this day, Swift maintains a relationship with Ronan’s mother Maya, and the Ronan Foundation has since raised USD 1 million in funding for clinical trials, in the hopes of finding more effective treatments. A lover of cats (both big and small), Swift also gave the proceeds from her Wildest Dreams music video to the African Parks Foundation of America (APFA), with a focus on eradicating poaching, conserving nature, engaging the community, and developing sustainable tourism. Other notable donations include USD 1 million to the flood victims of Louisiana in 2016, and USD 1 million to Nashville tornado relief efforts in 2020.

Priscilla Chan

(Image: Priscilla Chan/@priscillachan/Instagram)

Alongside her husband Mark Zuckerberg of Meta Platforms, doctor, former pediatrician, Harvard alumni, and top female philanthropist Priscilla Chan has long pledged money and support for uplifting medical advancements. With an estimated net worth of USD 50 billion, Chan prefers to keep a low profile; however, the couple’s steps towards charity are well documented through their philanthropic trio of organisations. Formed in 2015, the Chan-Zuckerberg Initiative is the couple’s philanthropic limited liability company, through which grants towards improvements in education, advancement of science, and social justice and immigration are made. Over their lifetimes, the couple have pledged to donate 99 percent of their Facebook stocks, which, as of December 2020, are valued at close to USD 100 billion. Since its inception, the Chan-Zuckerberg Initiative has committed over USD 4.9 billion in grants.

Alongside the Chan-Zuckerberg Initiative, the couple also formed its charitable arm, the Chan-Zuckerberg Foundation, as well as its political arm, the Chan-Zuckerberg Advocacy. Since 2018, the Chan-Zuckerberg Foundation has given 68 grants that range from USD 50,000 to USD 60 million, the latter of which was pledged to the Gates Philanthropy Partners between 2018 to 2022 for the development of treatments for heart disease and stroke in low- and middle-income nations. Displaying true commitment to the improvement of education for low-income Americans, the foundation awarded USD 45 million to NewSchools Venture Fund. Today, the couple continues to fund research on Artificial Intelligence, harnessing breakthroughs to bolster scientific and medical advancements.

Beyonce Knowles-Carter

Despite not having formally made her first billion, Queen Bey is well on the way. Following the widespread success of her Renaissance World Tour, which grossed USD 579 million worldwide, financial experts believe she is on a smooth track to billionaire status. To date, she boasts a hefty USD 800 million net worth, and she puts it all to good use in her work as a top female philanthropist intent on uplifting communities. In 2013, she founded Chime for Change with actress Salma Hayek, and together, they raised funds and awareness for improving education, health, and justice for young girls and women. Alongside her husband Jay-Z, Beyonce is a passionate advocate for equality; in 2016, the couple donated USD 1.5 million to the Black Lives Matter movement. She also established the Black-Owned Small Business Impact Fund in 2020, which awards grants of USD 10,000 to black-owned small businesses in need. It was to this fund that the singer donated the proceeds from her single, Black Parade. As of December 2020, she has helped the fund to raise over USD 7.15 million for Black-owned small businesses – no small feat indeed.

In 2013, Beyonce founded the BeyGOOD Foundation, with the sole purpose of aiding people with economic disparities. The goal is to ‘support non-profit organisations that serve marginalised and under-resourced communities’, providing scholarships, internships, and fellowship advocacy so as to improve job placements. The foundation also supports entrepreneurialism, which it believes to be a key driver for sustainable equity. Through her foundation, Beyonce has provided scholarships for historically Black universities, used her voice to advocate for clean water in Flint, Michigan, and provided hurricane relief for Florida in 2022. Most notably during the Covid-19 pandemic, the foundation donated USD 6 million to community-based organisations, providing access to medical resources and mental health services for under-resourced communities in Houston, New York, Detroit, and New Orleans.

(Main and featured image: John Shearer/Getty Images)

The post 7 Top Female Philanthropists Who Put Their Billions To Good Use appeared first on Prestige Online - HongKong.

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For as long as humans have existed, so too has charity and the charitable acts it entails. While the notion that philanthropy is best left to the rich should be dispensed with, it is an inevitable fact: the rich simply have more to share. To give is to love, and these famous female philanthropists have shown us just how billions can be put to good use in uplifting the voices of those in need.

Just who is the modern day philanthropist and what are their endowments capable of doing? While the average lay person like you and I may contribute what we can to causes of our choosing, larger donations from the ultra-high net worth set can change the course of a charity for the greater good. History has more than proven this; more than one institution of higher education was funded by the good graces of the wealthy elite. And that’s not all.

Who are some philanthropists and what have they contributed?

In the early days of the pandemic, Dolly Parton famously donated USD 1 million to fund Coronavirus research. The Elton John AIDS Foundation raises funds to support HIV-related programs on a global scale. The Streisand Foundation, founded by Barbara Streisand, has donated over USD 25 million to some 800 organisations in support of women’s issues, environmental preservation, and more. And who can hold a conversation about charity without discussing the Oprah Winfrey Foundation, which has donated over USD 40 million in aid of women and children globally?

On a smaller scale is actor Michael Sheen, renowned for playing one half of Neil Gaiman’s ‘ineffable husbands’ duo on the Good Omens series, which has enjoyed the love of a devoted cult following. In an interview with The Big Issue, the actor shared, “I’ve essentially turned myself into a social enterprise, a not-for-profit actor.”

While it’s prudent to acknowledge that we’re a long way from utopia, these acts of generosity and kindness deserve to be celebrated. With that, we’re looking at some top female philanthropists who are doing their part in uplifting the voices of the needy – whilst also putting their billions to good use.

7 top female philanthropists who are uplifting the underserved with hefty contributions

Melinda French Gates

uplifting famous modern day top female philanthropist
(Image: Melinda French Gates/@melindafrenchgates/Instagram)

With a current net worth of USD 10.6 billion, Melinda French Gates sits firmly among the world’s top female philanthropists, uplifting underserved communities through donations made via The Bill & Melinda Gates Foundation. The foundation, which she founded alongside her ex-husband, Microsoft founder and billionaire Bill Gates, is the second largest philanthropic organisation in the world. With an endowment of nearly USD 70 billion, it operates in over 130 countries in support of healthcare enhancement, the eradication of poverty, the expansion of educational opportunities, and more. Since its founding and as of the fourth quarter of 2022, the foundation has paid out USD 71.4 billion in grants.

On a personal level, Melinda’s personal causes include maternal and child health, access to contraception, and gender equality; to date, her philanthropic contributions have been valued at over USD 39 billion.

MacKenzie Scott

(Image: Greg Doherty/Patrick McMullan via Getty Images)

Coming in 9th in 2023’s list of richest female billionaires is novelist MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos with a net worth of USD 41.1 billion. Upon finalising her high-profile divorce in April of 2019, Scott received USD 38.3 billion in Amazon stock as well as a 4% stake in the online retailer. However, this top female philanthropist has since committed to giving away her fortune, publicly pledging to keep at it ‘until the safe is empty’. Scott’s page on The Giving Pledge provides insight into her personal mission; she writes, “We each come by the gifts we have to offer by an infinite series of influences and lucky breaks we can never fully understand. In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait.”

Scott’s methods for disbursement frequently go under the radar, with many early recipients dismissing her team’s efforts at reaching out for spam. Despite having given away USD 2.1 billion in gifts in 2023 alone, Scott prefers to maintain a low profile and rarely gives out interviews. In 2022, Scott set up Yield Giving, a charitable organisation and website that details her financial gifts. According to the website, to date, her network of staff and advisors have yielded over USD 16,500,000,000 to 1900+ non-profit teams and organisations to ‘use as they see fit for the benefit of others’. These gifts are spread out across a multitude of causes from Economic Security and Opportunity and Education to Environment, Equity, and Justice.

Melanie Perkins

(Image: David Fitzgerald/Sportsfile for Web Summit via Getty Images)

CEO and co-founder of Canva and top female philanthropist Melanie Perkins totes a net worth of USD 3.6 billion – and she’s putting it to good use. Along with her co-founder and husband Cliff Obrecht, Perkins is of the belief that they are ‘purely custodians’ of their company’s earnings, adding that it has never felt like her personal money. The story of the tech design start-up is a true rags-to-riches epic; once rejected by 100 venture capitalists, it eventually took off to great aplomb, earning its highest ever valuation at USD 40 billion in 2021. Though its current valuation sits at a tidy USD 25.6 billion, a USD 14 billion markdown, there’s still a lot of wealth to give away.

To this end, the dynamic duo set up the Canva Foundation in 2020, pledging to commit their 30 percent equity in the company to philanthropic endeavours across the world. To date, the foundation has provided grants totalling up to USD 14,989,295, fueling charities dedicated to fighting against homelessness, food insecurity, illiteracy, housing insecurity, and more. Perkins herself feels strongly about giving, a sentiment echoed by the company she has built. The end goal: be one of the most valuable companies in the world and do the most amount of good possible.

Rihanna

With a net worth of USD 1.4 billion as of 2023, Rihanna is the epitome of a self-made woman, a powerful force of nature that has earned her success in more ways than one. As one of the most recognisable singers, actresses, and business owners of our era, she is known for her creative work, as well as for her iconic, inclusive cosmetics brand Fenty Beauty. But that’s not all – she’s also an activist, advocate, and all-rounded top female philanthropist with a long history of uplifting the underserved.

The global superstar’s dance with charity began at the tender age of 18, when she founded the Believe Foundation in aid of terminally ill children. Since then, her spirit of giving has only grown, evident in the philanthropic work that marks her life of hard-won fame and success. In 2017, she was named Harvard’s Humanitarian of the year; in 2018, she was named ambassador of education for the country of Barbados, from which she hails. Harbouring a deep passion for education in young people, she has clearly flourished in this role. She founded her own charity in 2012 – the Clara Lionel Foundation, named for her grandparents. Since 2016, she has invested USD 5 million in support of accessible education; she also continues to raise funds for her foundation through her annual Diamond Ball, where high entrance fees and a live auction amongst high-profile celebrity attendees serve to fuel the change we all want to see in the world. As ambassador for the Global Partnership for Education, Rihanna has also helped to secure USD 2.3 billion to provide education in developing countries.

RiRi’s personal causes are varied as she is generous; other notable donations include USD 5 million to COVID-19 response relief, as well as USD 2.1 million to support victims of domestic abuse during lockdown. She is also a passionate advocate, speaking up for the Black Lives Matter movement and championing inclusivity and representation through her cosmetics and fashion businesses: Fenty Beauty and Savage X Fenty.

Taylor Swift

(Image: Taylor Swift/@taylorswift/Instagram)

Newly minted billionaire and Time’s Person of the Year Taylor Swift is an indomitable storm of success with no signs of stopping, and we absolutely love to see it. Having recently hit a net worth of USD 1.1 billion, the singer is known for her generosity among her staunch followers, for whom she’s famously doled out her hard-earned wealth, paying off college tuition fees, rent, and medical bills alike. She’s also noted for being generous with her time and has famously surprised unsuspecting fans by popping up unannounced to weddings, bridal showers, and even hospital visits. While Swift’s critics have been quick to point out her lack of ‘notable’ charitable contributions, the impact of her contributions have been personal and genuine, reflecting the deep bond she shares with her fans.

That’s not to say the global superstar hasn’t donated a hefty chunk of her wealth. Having raked in an estimated USD 1 billion for her highly successful Eras Tour, Swift is no stranger to managing her wealth. While unconventional, her methods for giving very often hit home, and extend beyond simply giving money. In 2012, Swift wrote and performed Ronan at the nationally televised Stand Up 2 Cancer event, honouring a little boy’s battle with fatal neuroblastoma and pledging all proceeds to cancer charities. To this day, Swift maintains a relationship with Ronan’s mother Maya, and the Ronan Foundation has since raised USD 1 million in funding for clinical trials, in the hopes of finding more effective treatments. A lover of cats (both big and small), Swift also gave the proceeds from her Wildest Dreams music video to the African Parks Foundation of America (APFA), with a focus on eradicating poaching, conserving nature, engaging the community, and developing sustainable tourism. Other notable donations include USD 1 million to the flood victims of Louisiana in 2016, and USD 1 million to Nashville tornado relief efforts in 2020.

Priscilla Chan

(Image: Priscilla Chan/@priscillachan/Instagram)

Alongside her husband Mark Zuckerberg of Meta Platforms, doctor, former pediatrician, Harvard alumni, and top female philanthropist Priscilla Chan has long pledged money and support for uplifting medical advancements. With an estimated net worth of USD 50 billion, Chan prefers to keep a low profile; however, the couple’s steps towards charity are well documented through their philanthropic trio of organisations. Formed in 2015, the Chan-Zuckerberg Initiative is the couple’s philanthropic limited liability company, through which grants towards improvements in education, advancement of science, and social justice and immigration are made. Over their lifetimes, the couple have pledged to donate 99 percent of their Facebook stocks, which, as of December 2020, are valued at close to USD 100 billion. Since its inception, the Chan-Zuckerberg Initiative has committed over USD 4.9 billion in grants.

Alongside the Chan-Zuckerberg Initiative, the couple also formed its charitable arm, the Chan-Zuckerberg Foundation, as well as its political arm, the Chan-Zuckerberg Advocacy. Since 2018, the Chan-Zuckerberg Foundation has given 68 grants that range from USD 50,000 to USD 60 million, the latter of which was pledged to the Gates Philanthropy Partners between 2018 to 2022 for the development of treatments for heart disease and stroke in low- and middle-income nations. Displaying true commitment to the improvement of education for low-income Americans, the foundation awarded USD 45 million to NewSchools Venture Fund. Today, the couple continues to fund research on Artificial Intelligence, harnessing breakthroughs to bolster scientific and medical advancements.

Beyonce Knowles-Carter

Despite not having formally made her first billion, Queen Bey is well on the way. Following the widespread success of her Renaissance World Tour, which grossed USD 579 million worldwide, financial experts believe she is on a smooth track to billionaire status. To date, she boasts a hefty USD 800 million net worth, and she puts it all to good use in her work as a top female philanthropist intent on uplifting communities. In 2013, she founded Chime for Change with actress Salma Hayek, and together, they raised funds and awareness for improving education, health, and justice for young girls and women. Alongside her husband Jay-Z, Beyonce is a passionate advocate for equality; in 2016, the couple donated USD 1.5 million to the Black Lives Matter movement. She also established the Black-Owned Small Business Impact Fund in 2020, which awards grants of USD 10,000 to black-owned small businesses in need. It was to this fund that the singer donated the proceeds from her single, Black Parade. As of December 2020, she has helped the fund to raise over USD 7.15 million for Black-owned small businesses – no small feat indeed.

In 2013, Beyonce founded the BeyGOOD Foundation, with the sole purpose of aiding people with economic disparities. The goal is to ‘support non-profit organisations that serve marginalised and under-resourced communities’, providing scholarships, internships, and fellowship advocacy so as to improve job placements. The foundation also supports entrepreneurialism, which it believes to be a key driver for sustainable equity. Through her foundation, Beyonce has provided scholarships for historically Black universities, used her voice to advocate for clean water in Flint, Michigan, and provided hurricane relief for Florida in 2022. Most notably during the Covid-19 pandemic, the foundation donated USD 6 million to community-based organisations, providing access to medical resources and mental health services for under-resourced communities in Houston, New York, Detroit, and New Orleans.

(Main and featured image: John Shearer/Getty Images)

The post 7 Top Female Philanthropists Who Put Their Billions To Good Use appeared first on Prestige Online - HongKong.

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Exceptional Ivy Leaguers: 13 Of The Most Expensive Universities And Colleges In The World https://www.prestigeonline.com/hk/lifestyle/wealth-management/exceptional-ivy-leaguers-13-of-the-most-expensive-universities-and-colleges-in-the-world/ Tue, 02 Jan 2024 08:00:00 +0000 https://www.prestigeonline.com/hk/?p=297012

Once upon a time, education was reserved for only the wealthy elite and upper classes — yes, like the Gilmores and the Huntzbergers of old. Today, tertiary education has become more accessible to the general populace — at a price. These are thirteen of the most expensive universities in the world, where academics can seek out education at the highest level.

If one thing has remained a constant in the ever-shifting landscape of our world, it is this: that humanity has lived in the pursuit of knowledge and wisdom from the very beginning. Little has changed between then and the founding of the world’s first university, the University of Al Quaraouiyine in 859; if anything, our desire to learn has only grown.

The most expensive universities in the world: are they worth it?

Tertiary education has long been viewed as an investment, most notably for the resultant certifications and degrees one receives upon graduation. While these certifications and degrees most certainly open doors to future professional growth, students who hail from Ivy League universities are afforded even greater perks: the connections they make throughout their years spent in pursuit of tertiary education. If history and its corresponding television depictions are to be believed, the elite and the influential tend to run in the same circles — from social clubs and holiday destinations to places of employment, and you’ve guessed it: institutions of higher education.

Where the wealthy gain wisdom

It makes perfect sense that the creme de la creme of society find themselves concentrated within the same circles. A 2021 article by Forbes reported that more than a quarter of America’s wealthiest pursued higher education in one of twelve Ivy League colleges. Among the list are some of the world’s most expensive universities: Yale, Cornell, Princeton, Columbia, and Dartmouth, to name a mere few. And they’re well deserving of their hefty price tags.

After all, institutions of higher learning with longstanding reputations for fostering success simply attract better professors, and thus, more students. Case in point: Harvard University, The University of Pennsylvania, and Stanford University have each produced 28 billionaires apiece, including the likes of former President Donald Trump, Tesla CEO Elon Musk, former Goldman Sachs CEO Lloyd Blankfein, and Yahoo cofounder Jerry Yang.

Alongside the exceptional quality of education provided by these institutions, the public success of their famous alma maters also contributes to an influx of student applications. This in turn reinforces the reputation and standing of these universities in the eyes of the world, increasing the value of an acceptance letter that much more. After all, higher quality leads to higher demand, and that ultimately leads to increased tuition fees.

Beyond tuition fees: other costs of attending the most expensive universities in the world

While tuition fees themselves do tend to go up from year to year, there are other costs that come with attending any one of the world’s most expensive universities. For one, students are expected to account for additional costs. In addition to first-time registration fees, the cost of attending university must also include accommodation, commuting and food costs, schooling supplies and textbooks, and other miscellaneous necessities. The location of the university is also an important factor to consider, with major cities like New York and Chicago inundated with higher costs of living.

Considering the disparity in tuition fees for public and private institutions, most students in the United States pay between USD 26,027 to USD 55,840 per year. In contrast, the most expensive universities in the world charge tuition fees of over USD 60,000 per year. Read on to see which ones made the list.

13 most expensive universities in the world

1 /13

Duke University

With a longstanding history that dates back to 1838, Duke University was initially founded by Methodists and Quakers in the present-day town of Trinity. It has undergone several iterations and name changes since then — as Brown School (1838–1841), Union Institute (1841–1851), Normal College (1851–1859), and Trinity College (1859–1924). In the early 1890s following the upheaval of the Civil War, Trinity College found itself in financial turmoil, the dire reality of which was further exacerbated by difficulties faced attracting faculty members and students.

The college eventually received the patronage of industrialist Washington Duke, who promised USD 100,000 to the institution with the condition that women be admitted as residential students – thus affording them equal opportunities as their male counterparts. The Duke family’s generous financial aid saw the survival and eventual flourishing of the university in 1892; that same year, the university moved to Durham, enrolling four female day students with a women’s dormitory opening on-campus four years later. Duke’s sons Benjamin and James Buchanan would go on to continue their father’s patronage of Trinity College. In 1924, James Buchanan would spearhead the college’s transformation into the makings of the Duke University we know today.

Duke University occupies 8,600 acres of land in Durham, and also operates a marine lab in Beaufort. It has one of the most competitive admissions in the United States, with an acceptance rate of about 6% as of 2023/2024. A student-faculty ratio of 5:1 ensures quality education for students, while popular majors include Computer Science, Biological Sciences, Computer Engineering, Neurosciences, Mechanical Engineering, Bioengineering and Biomedical Engineering, Political Science, and Experimental Pyschology. Notable graduates of the university include President Richard Nixon, as well as Ken Jeong and Melinda Gates; to date, the university has produced 14 living billionaires. With an estimated USD 63,450 annual tuition fee, it is one of the most expensive universities in the world.

Founded: 1924, by James Buchanan Duke

Annual tuition fees: USD 63,450 (Annual cost of attendance: Approx. USD 83,263.25)

Quacquarelli Symonds (QS) rank: 57

Times Higher Education (THE) rank: 26

(Image: Duke University/Instagram)

Address
Duke University, Durham, NC 27708, United States
Website
Phone
+1 919-684-8111

2 /13

Dartmouth College

Founded in 1769 by Eleazar Wheelock, Dartmouth University holds a significant place in the history of the United States. While it was initially established to provide “the education and instruction of youth of the Indian tribes in this land… English Youth, and any others,” it would take nearly 200 years for the university to realise its founding mission. In the 1970s, the university reaffirmed its commitment to Native American education by establishing one of the first Native American programs in the country. Today, the university is home to200 Indigenous students from diverse tribal backgrounds, and counts 1,200 Native graduates among its alumni. 

While annual tuition fees of about USD 63,684 make it one of the most expensive universities in the world, Dartmouth University proves its worth by emphasising an outstanding education via a celebrated undergraduate liberal arts program and several pioneering professional schools. The Geisel School of Medicine is the nation’s fourth-oldest medical school; likewise, the Thayer School of Engineering counts itself among the nation’s first professional schools of engineering, and the Tuck School of Business is the world’s first graduate school of management. The university also counts itself the first in the world to offer a graduate degree in healthcare delivery science.  

The university’s traditions further define its identity. As a frequent stop in the Presidential trail, Dartmouth has hosted many debates between key presidential candidates, providing students with firsthand exposure to the election process. Events like Dartmouth Night, Homecoming, Winter Carnival, and First-Year Trips unite the community and celebrate the university’s history and natural beauty. With history spanning four decades, the annual Dartmouth Powwow honours Native culture, reflecting Dartmouth’s commitment to its founding purpose. An acceptance rate of 8.79% cements the university as one of top educational institutions in the world, with notable alumni including notable poet Robert Frost, Game of Thrones showrunner David Benioff, Grey’s Anatomy showrunner Shonda Rhimes, and actress Mindy Kaling. As of 2022, Dartmouth has produced 10 billionaires. 

Founded: 3 December 1769, by Eleazar Wheelock 

Annual tuition fees: USD 63,684 (Annual cost of attendance: Approx. USD 87,315) 

Quacquarelli Symonds (QS) rank: 237 

Times Higher Education (THE) rank: 161 

(Image: Dartmouth College)

Address
Dartmouth College, Hanover, NH 03755, United States 
Website
Phone
+1 603-646-2875 

3 /13

Harvey Mudd College

Harvey Mudd College began its educational legacy when it was first chartered in December 1955. Inspired by mining engineer Harvey Seeley Mudd, a key figure in the founding of the college who sadly passed before it could open its doors, the educational institution was established amidst the Space Race’s emphasis on technical education. Friends and family of the esteemed Mudd realised his dreams by bringing the institution to fruition, with the sole aim of providing rigorous scientific and technological education intertwined with humanities and social sciences. To further cement the college’s dedication to education, the nationally recognised Clinic Program was initiated in 1963, thereby allowing student teams to solve problems posed by sponsoring industry, government, and nonprofit organisations. Through the uninhibited fostering undergraduate research, the program contributes to high rates of graduates earning PhDs in science and engineering. 

As the nation’s foremost liberal arts college specialising in engineering, science, and mathematics, Harvey Mudd College offers a distinguished curriculum. The institution boasts various renowned programs including chemistry, mathematics, physics, computer science, biology, and engineering, with interdisciplinary and joint majors available. Its Common Core Curriculum encompasses computer science, engineering, biology, chemistry, physics, mathematics, writing, critical inquiry, and social impact courses. Most notably, popular majors among the graduates of 2022 included Computer Science and Mathematics, Engineering, Computer Science, and Mathematics. 

With annual tuition fees of USD 65,954, the college is notably one of the most expensive tertiary education institutions in the world, with a competitive acceptance rate of 13%. Key alumni members include computer scientist Donald D. Chamberlin and astronaut Stanley G. Love. 

Founded: December 1955, by the friends and family of Harvey Seeley Mudd 

Annual tuition fees: USD 65,954 (Annual cost of attendance: Approx. USD 89,115) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A 

(Image: Bora Architects/Archello)

Address
301 Platt Blvd., Claremont, CA 91711, United States 
Website
Phone
+1 909-621-8000

4 /13

University of Cambridge

Composed of 31 autonomous Colleges, six Schools and over 150 Faculties and Departments, the University of Cambridge is recorded as having existed since 1209, when it was founded by a group of scholars who had once belonged to the University of Oxford. The university’s academic legacy, however, predates its formation; Cambridge and its surrounding areas had already developed a scholarly and ecclesiastical reputation, thanks in part to the intellectual population that included the nearby monks of Ely. Cambridge’s first college Peterhouse was established in 1284 by Bishop Hugh de Balsham; since then, multiple colleges have been founded, with the most recent being Robinson which came to be in the late 1970s. The university also boasts eight cultural and scientific museums, including the prestigious Fitzwilliam Museum and Cambridge University Botanic Garden. Notably, its libraries house approximately 16 million books, with the Cambridge University Library holding around nine million, making it one of the world’s largest academic libraries. 

Cambridge University is renowned for its many programs, spread out over diverse fields — and rightly so. It is revered for its contributions to mathematics and physics, and hosted alumnus Sir Isaac Newton as its second Lucasian Professor of Mathematics between 1669 and 1699. In the year 1687, Newton would publish Principia Mathematica, which served to establish modern physics.  

Despite flourishing in the sciences, scholars at Cambridge would also go on to make their mark in the arts, most notably poets Tennyson, Wordsworth, Lord Byron, and Vladimir Nabokov. Today, the university’s most popular majors encompass mathematics, physics, and computer science, and its prestigious list of alma-maters include Stephen Hawking, Charles Darwin, and Robert Oppenheimer. The students of Cambridge have collectively received 121 Nobel Prizes; the university has also produced 194 Olympic medal-winning athletes. More recently, its hallowed halls have played host to Ian McKellen, Emma Thompson, Hugh Laurie, Tom Hiddleston, and most notably, King Charles III. 

The university’s annual tuition fees differ across programs and disciplines. However, students of medical and veterinary science at Cambridge can expect to pay up to £67,194 (USD 84,898), making it one of the most expensive universities in the world. 

Founded: 1209, by a group of scholars 

Annual tuition fees: Between USD 32,743.17 and USD 84,898 

Quacquarelli Symonds (QS) rank: 2 

Times Higher Education (THE) rank: 5 

(Image: University of Cambridge/Instagram)

Address
University of Cambridge, The Old Schools, Trinity Lane, Cambridge, CB2 1TN, United Kingdom 
Website
Phone
+44 (0)1223 337733

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Northwestern University

Northwestern University was established in 1851, born from a meeting of influential businessmen, Methodist leaders, and attorneys with the singular aim of creating an educational institution for the Northwest Territory. In 1953, Northwestern’s founders established their campus on a 379-acre tract of land on the shore of Lake Michigan, naming the surrounding town Evanston in honour of one of the university’s founders, John Evans. The first classes would commence in 1855, with a mere 2 faculty members and 10 students. While initially affiliated with the Methodist Episcopal Church, Northwestern soon shifted to adapt a non-sectarian approach; by 1900, it had become the third-largest university in the United States after Harvard and the University of Michigan. Comprising eleven diverse schools including the Kellogg School of Management, the Pritzker School of Law, and the Feinberg School of Medicine, Northwestern emphasises a comprehensive educational approach. 

As a private research university with an extremely competitive acceptance rate of 7%, Northwestern University boasts a rich array of programs, and is well-known for its science and business schools. Despite that, it boasts a strong background in journalism, communication, education, and medicine, and most notably served as a pioneering institution in fostering women’s education; its first female students were admitted in 1869, and it saw its first female graduates in 1874. 

It would appear that Northwestern has a penchant for producing late night comedians, boasting both Stephen Colbert and Seth Meyers as esteemed alumni. Other notable graduates include George R. R. Martin of Game of Thrones acclaim, as well as David Scwhimmer and Hugh Hefner. With estimated annual tuition fees of USD 64,887, it is most certainly one of the most expensive universities in the world. 

Founded: 28 January 1851, by Grant Goodrich, John Evans, and Orrington Lunt among others. 

Annual tuition fees: USD 64,887 (Annual cost of attendance: Approx. USD 91,290) 

Quacquarelli Symonds (QS) rank: 47 

Times Higher Education (THE) rank: 28 

(Image: Northwestern University/Instagram)

Address
633 Clark Street, Evanston, IL 60208, United States 
Website
Phone
+1 847-491-3741

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Brown University

First established in 1764 with the extensive efforts of the Brown family, Brown University stands as the seventh-oldest tertiary education institution in the United States. Located in the culturally diverse city of Providence, Rhode Island, the private Ivy League institution prides itself on its role as a leading nonprofit research university renowned for its student-centered learning and deep sense of purpose. With deep roots as a pioneering institution, it is the first United States college to explicitly codify equal admission and instruction for students regardless of religious beliefs. Spanning 235 buildings across 143 acres, the Brown University campus is an integrated part of the historical architectural district, boasting a legacy dating back to the 18th and 19th centuries. 

Boasting a proud history of academic innovation and scholarly achievements, Brown marked a pivotal moment in 1969 by adopting the Open Curriculum. The change would allow its students greater flexibility and personalisation in their courses of study, and thus empower them to discard rigid distribution requirements altogether in favour of intellectual exploration, innovative problem-solving, and service to society. With an incredibly competitive acceptance rate of 5.38%, Brown University is home to the brightest minds. Its celebrated alumni include Nobel Prize winners, Pulitzer Prize recipients, Supreme Court Justices, U.S. Secreteries of State, members of Congress, and Olympic medalists. As with John Fitzgerald Kennedy Jr., it is also alma mater to Hollywood stars Emma Watson and John Krasinski. 

A term at Brown University does not come cheap, with annual tuition fees of USD 65,656 that place it among the most expensive educational institutions in the world. 

Founded: 15 September 1764, by Nicholas, John, Joseph, and Moses Brown 

Annual tuition fees: USD 65,656 (Annual cost of attendance: Approx. USD 87,648) 

Quacquarelli Symonds (QS) rank: 73 

Times Higher Education (THE) rank: 64 

(Image: Brown University/Instagram)

Address
Brown University, Providence RI 02912, United States
Website
Phone
+1 401-863-1000

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Yale University

With a long history spanning over three hundred years, Yale University needs no introduction in the world of Ivy League institutions. Founded in 1701 near Saybrook, Connecticut, it is the third oldest institution of tertiary education in the United States, among nine colonial colleges that were chartered before the American Revolution. However, it first began life as the Collegiate School, conceived by colonial clergymen in the 1640s. In 1716, the school moved to New Haven, Connecticut; two years later, to honour Elihu Yale whose generous contributions shaped the institution’s early years, it was formally renamed to Yale University. It has since come a long way, growing its faculty, expanding its curriculum, and assuming the role of a diverse academic hub emphasising scientific research. Today, no discussion of the world’s greatest or most expensive universities is complete without mention of Yale, its academic distinction, and its influential milestones, and of course, its hefty cost of attendance. 

While the early days of its curriculum emphasised religious studies, it has since grown to provide a comprehensive liberal arts education, bolstered by a faculty at the forefront of intellectual movements like the Great Awakening and the Enlightenment. Among others, Yale’s most popular majors include Economics, Political Science, History, Computer Science, Psychology, Global Affairs, and English. The institution’s commitment to academic excellence is evident in its expansive library system, which comprises over 15 million volumes; it likewise enjoys associations with numerous Nobel laureates, Fields medalists, and Turing Award winners.  

The university’s esteemed alumni roster includes five U.S. presidents: William Howard Taft, Gerald Ford, Bill Clinton, George H.W. Bush, George W. Bush, as well as presidential candidate Hillary Clinton. Other notable figures include celebrities Meryl Streep, Angela Bassett, and Anderson Cooper — as well as 21 billionaires to date. With a competitive acceptance rate of 6.54%, it makes sense that the university has produced an arsenal of bright stars from founding fathers and supreme court justices to academic leaders and other notable figures in business and philanthropy, all of whom have left a lasting impact on society. A year’s tuition at Yale is expected to cost about USD 64,700, making it one of the most expensive universities in the world. 

Founded: 9 October 1701, by Samuel Andrew, Thomas Buckingham, Israel Chauncy, Samuel Mather, Rev. James Noyes II, James Pierpont, Abraham Pierson, Noadiah Russell, Joseph Webb, and Timothy Woodbridge. 

Annual tuition fees: USD 64,700 (Annual cost of attendance: Approx. USD 83,880) 

Quacquarelli Symonds (QS) rank: 16 

Times Higher Education (THE) rank: 10 

(Image: Yale University)

Address
Yale University, New Haven, CT 06520, United States
Website
Phone
+1 203-432-4771

8 /13

Columbia University

In 1754, Columbia University was first established as a colonial college by royal charter under King George II of Great Britain. Then called King’s College, it occupied the grounds of Manhattan’s Trinity Church; following the American Revolution in 1784, it was renamed Columbia College, and three years later, was placed under a private board of trustees including former students Alexander Hamilton (yes, that same one), and John Jay. The college was renamed Columbia University 1896, and in that same year, moved to Morningside Heights where it still sits today — in plum position as the oldest institution of tertiary education in New York City and the fifth-oldest in the United States. 

With its 17 schools and 4 affiliate schools spread out in and around New York City, Columbia University has grown into its role as a foremost global research institution and world-renowned medical centre. Among its offered majors, it is highly rated for Philosophy, Environmental Science, and English. Equally popular majors include Computer Science, Economics, Political Science and Government, Research and Experimental Psychology, Social Sciences, History, and Neurosciences and Neurobiology, with top programs emerging from its Business School, Law School, and its College of Physicians and Surgeons. 

Most notably, students can expect to pay up to USD 68,400 in annual tuition fees to attend the prestigious, expensive university — a fair price, considering its high rank on the world stage. With an acceptance rate of 6.1%, Columbia is considered highly competitive, lending credence to its alumni of the brightest minds — chief among them former president Barack Obama, actress Julia Stiles and Liza Weil, Timothée Chalamet, James Franco, Art Garfunkel, and more. According to Forbes, Columbia has produced 11 billionaires to date. 

Founded: 25 May 1754, by King George II of Great Britain 

Annual tuition fees: USD 68,400 (Annual cost of attendance: Approx. USD 89,587) 

Quacquarelli Symonds (QS) rank: 23 

Times Higher Education (THE) rank: 17

(Image: Columbia University/Instagram)

Address
Columbia University, 116th and Broadway, New York, NY 10027, United States
Website
Phone
+1 212-854-1754

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Colgate University

A private liberal arts institution located in Hamilton, New York, Colgate University is a prestigious establishment that has seen many iterations throughout the years. First established in 1819 as the Baptist Education Society of the State of New York, the institution’s history is one that holds great interest and just a hint of whimsy. As the story goes, in 1817, 13 men came together to birth an experiment in education, together contributing 13 dollars and 13 prayers to fuel the cause. 

Despite Colgate’s lucky number 13 persisting to this very day, the institution’s name was short-lived; in 1823, it was renamed to the Hamilton Theological and Literary Institution (or Hamilton College), and In 1846, it was once again renamed, this time to Madison College. The college would keep this name until 1890, when it received its current name in homage to its longtime patron, trustee, and financial backer, one William Colgate, founder of the Colgate Company — yes, like the toothpaste. 

Today, Colgate University is widely considered to be one of the most selective colleges and universities in the United States, boasting an acceptance rate of 22.6%. It holds a reputation as a Hidden Ivy, as well as one of the Little Ivies, and for good reason. Its stellar reputation precedes it; It is ranked #21 National Liberal Arts College in U.S. News, with popular majors like Econometrics and Quantitative Economics, Political Science and Government, Computer Science, International Relations and Affairs, Neuroscience, and Molecular Biology spanning numerous disciplines and fields. Despite its reputation as one of the most expensive universities in the world, many consider an education at Colgate University to be well worth the financial investment. After all, it counts among its alumni world-renowned names such as Former United States Secretary of State Charles Evans Hughes and journalist Bob Woodruff. 

Founded: 1819, by Jonathan Olmstead, Joel W. Clark, Nathaniel Kendrick, Charles W. Hull, Daniel Hascall, Samuel Payne, Elisha Payne, John Bostwick, Thomas Cox, Samuel Osgood, Amos Kingsley, Peter Philanthropos Roots, and Robert Powell – together forming six clergymen and seven laymen 

Annual tuition fees: USD 66,622 (Annual cost of attendance: Approx. USD 83,814) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A

(Image: Colgate University/Instagram)

Address
Colgate University, 13 Oak Dr E Ext, Hamilton, NY 13346, United States
Website
Phone
+1 315-228-7000

10 /13

University of Chicago

Since its inception in 1890, the University of Chicago has boasted a long and proud history with traditions spanning its many decades in operations. It was mainly funded by American business and oil magnate and philanthropist John Davison Rockefeller Sr – who, by all accounts, is widely considered the wealthiest man in modern history. While it shares its name with a defunct school that was founded in the 1850s and closed in 1886, the University of Chicago is an entirely new institution incorporated by the American Baptist Education Society. Its success is largely credited to a group of early donors including Rockefeller, who gave USD 80 million (Approx. USD 2.33 billion today) for academic operations and long-term endowment, Marshall Field who donated land, and other wealthy Chicago natives like Silas B. Cobb who provided funding for the first building on the Hyde Park campus. With classes officially in session as of 1892, the university soon grew to become a world class institution by 1900. 

Uniquely contrarian in all the best ways, the University of Chicago prides itself on following the path less traveled. In honouring its founding belief, that rigorous academics should be provided to people of all backgrounds, the university encourages the collaboration of students, faculty, and scholars across disciplines and fields to solve complex problems and unearth new knowledge. As of 2024, the university’s acceptance rate stands at a competitive 7.1%, and it boasts excellent rankings for its Business, and Law Schools. Among others, its popular majors include Economics, Computer Science, Mathematics, Biological Sciences, and Political Science. 

With an annual tuition fee of about USD 63,801, it is undeniably one of the most expensive universities in the world, attracting talent from across the globe. Its notable alumni and faculty includes 99 Nobel laureates, 27 Pulitzer prize winners, 29 living billionaire graduates, and 8 Olympic medalists. Most notably, astronomer Carl Sagan, writer Kurt Vonnegut, novelist Paul Goodman, and economist Milton Friedman, and former director of the Federal Bureau of Investigation (FBI) James Comey have all walked its hallowed halls. 

Founded: 1890, by John D. Rockefeller 

Annual tuition fees: USD 63,801 (Annual cost of attendance: Approx. USD 89,040) 

Quacquarelli Symonds (QS) rank: 11 

Times Higher Education (THE) rank: 13 

(Image: University of Chicago/Instagram)

Address
University of Chicago, 5801 S. Ellis Ave. Chicago, IL 60637, United States =
Website
Phone
+1 773-702-1234

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Tufts University

Founded in 1852 by Christian universalists who sought a nonsectarian institution of tertiary education, Tufts University (then Tufts College) gained its name and its land from American businessman and philanthropist Charles Tufts. While it was initially conceived as a small liberal arts college, the 1970s would see its evolution into a large research university, with several doctorates on offer. Drawing inspiration from its motto Pax et Lux (Peace and Light), students and faculty members of Tufts University seek to imbue the spirit of collaboration in their roles as ‘active global citizens’, where much illumination is shared amongst themselves and with the world at large. 

Rife with global appeal, the university boasts four campuses and six libraries housing 1,292,572 volumes; it offers 90 undergraduate and 160 graduate programs spread out across ten schools in the greater Boston area, as well as in Talloires, France. While its largest school is its School of Arts and Sciences, the university also houses the Fletcher School of Law and Diplomacy — the country’s oldest graduate school of international relations. Understandably, the university’s top three majors are Economics, Biology, and International Relations.Understandably, the university’s top three majors are Economics, Biology, and International Relations. 

While the university’s acceptance rate is a modest 15%, its tuition fees do not come cheap, at an annual rate of USD 66,358, placing it among the most expensive universities in the world. 

Founded: 1852, by Charles Tufts 

Annual tuition fees: USD 66,358 (Annual cost of attendance: Approx. USD 81,700) 

Quacquarelli Symonds (QS) rank: 379 

Times Higher Education (THE) rank: 191 

(Image: Tufts University/Instagram)

Address
Tufts University, 419 Boston Ave, Medford, MA 02155, United States 
Website
Phone
+1 617-627-5000

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Vassar College

Founded in 1861 with the noble cause of providing equal education to women, as that afforded to men, Vassar College is a coeducational private liberal arts college located in New York’s Poughkeepsie Town. As the second degree-granting institution of higher education for women in the United States, it is one of the history Seven Sisters — seven institutions that formed the nation’s first women’s colleges. In true dedication to their founding mission of equal education across the sexes, Vassar became the first women’s college in the nation to implement coeducation by opening its doors to men in 1969. 

Today, the college offers BA degrees in more than fifty majors, with the most popular among them being Economics, Research and Experimental Psychology, Computer and Information Sciences, Mathematics, English Language and Literature, History, Biology/Biological Sciences, and Political Science and Government. Its campus occupies over a thousand acres of land, comprising more than a hundred buildings that include a National Historic Place, two National Historic Landmarks, and a designated arboretum. 

Founded: 1861, by Matthew Vassar 

Annual tuition fees: USD 66,870 (Annual cost of attendance: Approx. USD 81,280) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A

(Image: Vassar College/Instagram)

Address
124 Raymond Avenue, Poughkeepsie, New York 12604, United States
Website
Phone
+1 845-437-7000

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Franklin & Marshall College

A private liberal arts college located in Lancaster, Pennsylvania, Franklin and Marshall College assumed its current iteration in 1853, when Franklin College and Marshall College underwent a merger. The former of the college’s predecessors, Franklin College (1787–1853) was named for Benjamin Franklin, who donated £200 to the institution’s founding. Despite initial success, the college soon became inundated with financial woes. In 1853, as a means of securing the fates of both institutions, it underwent a merger with Marshall College, once a Reformed Church academy named for John Marshall, fourth Chief Justice of the United States. Franklin & Marshall College became the first coeducational college in America, enrolling students of both genders. 

Today, the college offers a myriad of majors and minors that span 62 fields of study and ranks #35 in U.S. News’ rankings for best National Liberal Arts Colleges in the nation. Its most popular courses include Political Science and Government as well as Business Administration and Management. To date, it is the seventh highest baccalaureate producer of Fulbright scholars. 

Founded: 1853, through the merging of Franklin College (1787–1853) and Marshall College (1836–1853) 

Annual tuition fees: USD 68,376 (Annual cost of attendance: Approx. USD 84,686) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A 

(Image: Franklin & Marshall College/Instagram)

Address
637 College Ave, Lancaster, PA 17603, United States
Website
Phone
+1 717-358-3911

The post Exceptional Ivy Leaguers: 13 Of The Most Expensive Universities And Colleges In The World appeared first on Prestige Online - HongKong.

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Once upon a time, education was reserved for only the wealthy elite and upper classes — yes, like the Gilmores and the Huntzbergers of old. Today, tertiary education has become more accessible to the general populace — at a price. These are thirteen of the most expensive universities in the world, where academics can seek out education at the highest level.

If one thing has remained a constant in the ever-shifting landscape of our world, it is this: that humanity has lived in the pursuit of knowledge and wisdom from the very beginning. Little has changed between then and the founding of the world’s first university, the University of Al Quaraouiyine in 859; if anything, our desire to learn has only grown.

The most expensive universities in the world: are they worth it?

Tertiary education has long been viewed as an investment, most notably for the resultant certifications and degrees one receives upon graduation. While these certifications and degrees most certainly open doors to future professional growth, students who hail from Ivy League universities are afforded even greater perks: the connections they make throughout their years spent in pursuit of tertiary education. If history and its corresponding television depictions are to be believed, the elite and the influential tend to run in the same circles — from social clubs and holiday destinations to places of employment, and you’ve guessed it: institutions of higher education.

Where the wealthy gain wisdom

It makes perfect sense that the creme de la creme of society find themselves concentrated within the same circles. A 2021 article by Forbes reported that more than a quarter of America’s wealthiest pursued higher education in one of twelve Ivy League colleges. Among the list are some of the world’s most expensive universities: Yale, Cornell, Princeton, Columbia, and Dartmouth, to name a mere few. And they’re well deserving of their hefty price tags.

After all, institutions of higher learning with longstanding reputations for fostering success simply attract better professors, and thus, more students. Case in point: Harvard University, The University of Pennsylvania, and Stanford University have each produced 28 billionaires apiece, including the likes of former President Donald Trump, Tesla CEO Elon Musk, former Goldman Sachs CEO Lloyd Blankfein, and Yahoo cofounder Jerry Yang.

Alongside the exceptional quality of education provided by these institutions, the public success of their famous alma maters also contributes to an influx of student applications. This in turn reinforces the reputation and standing of these universities in the eyes of the world, increasing the value of an acceptance letter that much more. After all, higher quality leads to higher demand, and that ultimately leads to increased tuition fees.

Beyond tuition fees: other costs of attending the most expensive universities in the world

While tuition fees themselves do tend to go up from year to year, there are other costs that come with attending any one of the world’s most expensive universities. For one, students are expected to account for additional costs. In addition to first-time registration fees, the cost of attending university must also include accommodation, commuting and food costs, schooling supplies and textbooks, and other miscellaneous necessities. The location of the university is also an important factor to consider, with major cities like New York and Chicago inundated with higher costs of living.

Considering the disparity in tuition fees for public and private institutions, most students in the United States pay between USD 26,027 to USD 55,840 per year. In contrast, the most expensive universities in the world charge tuition fees of over USD 60,000 per year. Read on to see which ones made the list.

13 most expensive universities in the world

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Duke University

With a longstanding history that dates back to 1838, Duke University was initially founded by Methodists and Quakers in the present-day town of Trinity. It has undergone several iterations and name changes since then — as Brown School (1838–1841), Union Institute (1841–1851), Normal College (1851–1859), and Trinity College (1859–1924). In the early 1890s following the upheaval of the Civil War, Trinity College found itself in financial turmoil, the dire reality of which was further exacerbated by difficulties faced attracting faculty members and students.

The college eventually received the patronage of industrialist Washington Duke, who promised USD 100,000 to the institution with the condition that women be admitted as residential students – thus affording them equal opportunities as their male counterparts. The Duke family’s generous financial aid saw the survival and eventual flourishing of the university in 1892; that same year, the university moved to Durham, enrolling four female day students with a women’s dormitory opening on-campus four years later. Duke’s sons Benjamin and James Buchanan would go on to continue their father’s patronage of Trinity College. In 1924, James Buchanan would spearhead the college’s transformation into the makings of the Duke University we know today.

Duke University occupies 8,600 acres of land in Durham, and also operates a marine lab in Beaufort. It has one of the most competitive admissions in the United States, with an acceptance rate of about 6% as of 2023/2024. A student-faculty ratio of 5:1 ensures quality education for students, while popular majors include Computer Science, Biological Sciences, Computer Engineering, Neurosciences, Mechanical Engineering, Bioengineering and Biomedical Engineering, Political Science, and Experimental Pyschology. Notable graduates of the university include President Richard Nixon, as well as Ken Jeong and Melinda Gates; to date, the university has produced 14 living billionaires. With an estimated USD 63,450 annual tuition fee, it is one of the most expensive universities in the world.

Founded: 1924, by James Buchanan Duke

Annual tuition fees: USD 63,450 (Annual cost of attendance: Approx. USD 83,263.25)

Quacquarelli Symonds (QS) rank: 57

Times Higher Education (THE) rank: 26

(Image: Duke University/Instagram)

Address
Duke University, Durham, NC 27708, United States
Website
Phone
+1 919-684-8111

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Dartmouth College

Founded in 1769 by Eleazar Wheelock, Dartmouth University holds a significant place in the history of the United States. While it was initially established to provide “the education and instruction of youth of the Indian tribes in this land… English Youth, and any others,” it would take nearly 200 years for the university to realise its founding mission. In the 1970s, the university reaffirmed its commitment to Native American education by establishing one of the first Native American programs in the country. Today, the university is home to200 Indigenous students from diverse tribal backgrounds, and counts 1,200 Native graduates among its alumni. 

While annual tuition fees of about USD 63,684 make it one of the most expensive universities in the world, Dartmouth University proves its worth by emphasising an outstanding education via a celebrated undergraduate liberal arts program and several pioneering professional schools. The Geisel School of Medicine is the nation’s fourth-oldest medical school; likewise, the Thayer School of Engineering counts itself among the nation’s first professional schools of engineering, and the Tuck School of Business is the world’s first graduate school of management. The university also counts itself the first in the world to offer a graduate degree in healthcare delivery science.  

The university’s traditions further define its identity. As a frequent stop in the Presidential trail, Dartmouth has hosted many debates between key presidential candidates, providing students with firsthand exposure to the election process. Events like Dartmouth Night, Homecoming, Winter Carnival, and First-Year Trips unite the community and celebrate the university’s history and natural beauty. With history spanning four decades, the annual Dartmouth Powwow honours Native culture, reflecting Dartmouth’s commitment to its founding purpose. An acceptance rate of 8.79% cements the university as one of top educational institutions in the world, with notable alumni including notable poet Robert Frost, Game of Thrones showrunner David Benioff, Grey’s Anatomy showrunner Shonda Rhimes, and actress Mindy Kaling. As of 2022, Dartmouth has produced 10 billionaires. 

Founded: 3 December 1769, by Eleazar Wheelock 

Annual tuition fees: USD 63,684 (Annual cost of attendance: Approx. USD 87,315) 

Quacquarelli Symonds (QS) rank: 237 

Times Higher Education (THE) rank: 161 

(Image: Dartmouth College)

Address
Dartmouth College, Hanover, NH 03755, United States 
Website
Phone
+1 603-646-2875 

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Harvey Mudd College

Harvey Mudd College began its educational legacy when it was first chartered in December 1955. Inspired by mining engineer Harvey Seeley Mudd, a key figure in the founding of the college who sadly passed before it could open its doors, the educational institution was established amidst the Space Race’s emphasis on technical education. Friends and family of the esteemed Mudd realised his dreams by bringing the institution to fruition, with the sole aim of providing rigorous scientific and technological education intertwined with humanities and social sciences. To further cement the college’s dedication to education, the nationally recognised Clinic Program was initiated in 1963, thereby allowing student teams to solve problems posed by sponsoring industry, government, and nonprofit organisations. Through the uninhibited fostering undergraduate research, the program contributes to high rates of graduates earning PhDs in science and engineering. 

As the nation’s foremost liberal arts college specialising in engineering, science, and mathematics, Harvey Mudd College offers a distinguished curriculum. The institution boasts various renowned programs including chemistry, mathematics, physics, computer science, biology, and engineering, with interdisciplinary and joint majors available. Its Common Core Curriculum encompasses computer science, engineering, biology, chemistry, physics, mathematics, writing, critical inquiry, and social impact courses. Most notably, popular majors among the graduates of 2022 included Computer Science and Mathematics, Engineering, Computer Science, and Mathematics. 

With annual tuition fees of USD 65,954, the college is notably one of the most expensive tertiary education institutions in the world, with a competitive acceptance rate of 13%. Key alumni members include computer scientist Donald D. Chamberlin and astronaut Stanley G. Love. 

Founded: December 1955, by the friends and family of Harvey Seeley Mudd 

Annual tuition fees: USD 65,954 (Annual cost of attendance: Approx. USD 89,115) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A 

(Image: Bora Architects/Archello)

Address
301 Platt Blvd., Claremont, CA 91711, United States 
Website
Phone
+1 909-621-8000

4 /13

University of Cambridge

Composed of 31 autonomous Colleges, six Schools and over 150 Faculties and Departments, the University of Cambridge is recorded as having existed since 1209, when it was founded by a group of scholars who had once belonged to the University of Oxford. The university’s academic legacy, however, predates its formation; Cambridge and its surrounding areas had already developed a scholarly and ecclesiastical reputation, thanks in part to the intellectual population that included the nearby monks of Ely. Cambridge’s first college Peterhouse was established in 1284 by Bishop Hugh de Balsham; since then, multiple colleges have been founded, with the most recent being Robinson which came to be in the late 1970s. The university also boasts eight cultural and scientific museums, including the prestigious Fitzwilliam Museum and Cambridge University Botanic Garden. Notably, its libraries house approximately 16 million books, with the Cambridge University Library holding around nine million, making it one of the world’s largest academic libraries. 

Cambridge University is renowned for its many programs, spread out over diverse fields — and rightly so. It is revered for its contributions to mathematics and physics, and hosted alumnus Sir Isaac Newton as its second Lucasian Professor of Mathematics between 1669 and 1699. In the year 1687, Newton would publish Principia Mathematica, which served to establish modern physics.  

Despite flourishing in the sciences, scholars at Cambridge would also go on to make their mark in the arts, most notably poets Tennyson, Wordsworth, Lord Byron, and Vladimir Nabokov. Today, the university’s most popular majors encompass mathematics, physics, and computer science, and its prestigious list of alma-maters include Stephen Hawking, Charles Darwin, and Robert Oppenheimer. The students of Cambridge have collectively received 121 Nobel Prizes; the university has also produced 194 Olympic medal-winning athletes. More recently, its hallowed halls have played host to Ian McKellen, Emma Thompson, Hugh Laurie, Tom Hiddleston, and most notably, King Charles III. 

The university’s annual tuition fees differ across programs and disciplines. However, students of medical and veterinary science at Cambridge can expect to pay up to £67,194 (USD 84,898), making it one of the most expensive universities in the world. 

Founded: 1209, by a group of scholars 

Annual tuition fees: Between USD 32,743.17 and USD 84,898 

Quacquarelli Symonds (QS) rank: 2 

Times Higher Education (THE) rank: 5 

(Image: University of Cambridge/Instagram)

Address
University of Cambridge, The Old Schools, Trinity Lane, Cambridge, CB2 1TN, United Kingdom 
Website
Phone
+44 (0)1223 337733

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Northwestern University

Northwestern University was established in 1851, born from a meeting of influential businessmen, Methodist leaders, and attorneys with the singular aim of creating an educational institution for the Northwest Territory. In 1953, Northwestern’s founders established their campus on a 379-acre tract of land on the shore of Lake Michigan, naming the surrounding town Evanston in honour of one of the university’s founders, John Evans. The first classes would commence in 1855, with a mere 2 faculty members and 10 students. While initially affiliated with the Methodist Episcopal Church, Northwestern soon shifted to adapt a non-sectarian approach; by 1900, it had become the third-largest university in the United States after Harvard and the University of Michigan. Comprising eleven diverse schools including the Kellogg School of Management, the Pritzker School of Law, and the Feinberg School of Medicine, Northwestern emphasises a comprehensive educational approach. 

As a private research university with an extremely competitive acceptance rate of 7%, Northwestern University boasts a rich array of programs, and is well-known for its science and business schools. Despite that, it boasts a strong background in journalism, communication, education, and medicine, and most notably served as a pioneering institution in fostering women’s education; its first female students were admitted in 1869, and it saw its first female graduates in 1874. 

It would appear that Northwestern has a penchant for producing late night comedians, boasting both Stephen Colbert and Seth Meyers as esteemed alumni. Other notable graduates include George R. R. Martin of Game of Thrones acclaim, as well as David Scwhimmer and Hugh Hefner. With estimated annual tuition fees of USD 64,887, it is most certainly one of the most expensive universities in the world. 

Founded: 28 January 1851, by Grant Goodrich, John Evans, and Orrington Lunt among others. 

Annual tuition fees: USD 64,887 (Annual cost of attendance: Approx. USD 91,290) 

Quacquarelli Symonds (QS) rank: 47 

Times Higher Education (THE) rank: 28 

(Image: Northwestern University/Instagram)

Address
633 Clark Street, Evanston, IL 60208, United States 
Website
Phone
+1 847-491-3741

6 /13

Brown University

First established in 1764 with the extensive efforts of the Brown family, Brown University stands as the seventh-oldest tertiary education institution in the United States. Located in the culturally diverse city of Providence, Rhode Island, the private Ivy League institution prides itself on its role as a leading nonprofit research university renowned for its student-centered learning and deep sense of purpose. With deep roots as a pioneering institution, it is the first United States college to explicitly codify equal admission and instruction for students regardless of religious beliefs. Spanning 235 buildings across 143 acres, the Brown University campus is an integrated part of the historical architectural district, boasting a legacy dating back to the 18th and 19th centuries. 

Boasting a proud history of academic innovation and scholarly achievements, Brown marked a pivotal moment in 1969 by adopting the Open Curriculum. The change would allow its students greater flexibility and personalisation in their courses of study, and thus empower them to discard rigid distribution requirements altogether in favour of intellectual exploration, innovative problem-solving, and service to society. With an incredibly competitive acceptance rate of 5.38%, Brown University is home to the brightest minds. Its celebrated alumni include Nobel Prize winners, Pulitzer Prize recipients, Supreme Court Justices, U.S. Secreteries of State, members of Congress, and Olympic medalists. As with John Fitzgerald Kennedy Jr., it is also alma mater to Hollywood stars Emma Watson and John Krasinski. 

A term at Brown University does not come cheap, with annual tuition fees of USD 65,656 that place it among the most expensive educational institutions in the world. 

Founded: 15 September 1764, by Nicholas, John, Joseph, and Moses Brown 

Annual tuition fees: USD 65,656 (Annual cost of attendance: Approx. USD 87,648) 

Quacquarelli Symonds (QS) rank: 73 

Times Higher Education (THE) rank: 64 

(Image: Brown University/Instagram)

Address
Brown University, Providence RI 02912, United States
Website
Phone
+1 401-863-1000

7 /13

Yale University

With a long history spanning over three hundred years, Yale University needs no introduction in the world of Ivy League institutions. Founded in 1701 near Saybrook, Connecticut, it is the third oldest institution of tertiary education in the United States, among nine colonial colleges that were chartered before the American Revolution. However, it first began life as the Collegiate School, conceived by colonial clergymen in the 1640s. In 1716, the school moved to New Haven, Connecticut; two years later, to honour Elihu Yale whose generous contributions shaped the institution’s early years, it was formally renamed to Yale University. It has since come a long way, growing its faculty, expanding its curriculum, and assuming the role of a diverse academic hub emphasising scientific research. Today, no discussion of the world’s greatest or most expensive universities is complete without mention of Yale, its academic distinction, and its influential milestones, and of course, its hefty cost of attendance. 

While the early days of its curriculum emphasised religious studies, it has since grown to provide a comprehensive liberal arts education, bolstered by a faculty at the forefront of intellectual movements like the Great Awakening and the Enlightenment. Among others, Yale’s most popular majors include Economics, Political Science, History, Computer Science, Psychology, Global Affairs, and English. The institution’s commitment to academic excellence is evident in its expansive library system, which comprises over 15 million volumes; it likewise enjoys associations with numerous Nobel laureates, Fields medalists, and Turing Award winners.  

The university’s esteemed alumni roster includes five U.S. presidents: William Howard Taft, Gerald Ford, Bill Clinton, George H.W. Bush, George W. Bush, as well as presidential candidate Hillary Clinton. Other notable figures include celebrities Meryl Streep, Angela Bassett, and Anderson Cooper — as well as 21 billionaires to date. With a competitive acceptance rate of 6.54%, it makes sense that the university has produced an arsenal of bright stars from founding fathers and supreme court justices to academic leaders and other notable figures in business and philanthropy, all of whom have left a lasting impact on society. A year’s tuition at Yale is expected to cost about USD 64,700, making it one of the most expensive universities in the world. 

Founded: 9 October 1701, by Samuel Andrew, Thomas Buckingham, Israel Chauncy, Samuel Mather, Rev. James Noyes II, James Pierpont, Abraham Pierson, Noadiah Russell, Joseph Webb, and Timothy Woodbridge. 

Annual tuition fees: USD 64,700 (Annual cost of attendance: Approx. USD 83,880) 

Quacquarelli Symonds (QS) rank: 16 

Times Higher Education (THE) rank: 10 

(Image: Yale University)

Address
Yale University, New Haven, CT 06520, United States
Website
Phone
+1 203-432-4771

8 /13

Columbia University

In 1754, Columbia University was first established as a colonial college by royal charter under King George II of Great Britain. Then called King’s College, it occupied the grounds of Manhattan’s Trinity Church; following the American Revolution in 1784, it was renamed Columbia College, and three years later, was placed under a private board of trustees including former students Alexander Hamilton (yes, that same one), and John Jay. The college was renamed Columbia University 1896, and in that same year, moved to Morningside Heights where it still sits today — in plum position as the oldest institution of tertiary education in New York City and the fifth-oldest in the United States. 

With its 17 schools and 4 affiliate schools spread out in and around New York City, Columbia University has grown into its role as a foremost global research institution and world-renowned medical centre. Among its offered majors, it is highly rated for Philosophy, Environmental Science, and English. Equally popular majors include Computer Science, Economics, Political Science and Government, Research and Experimental Psychology, Social Sciences, History, and Neurosciences and Neurobiology, with top programs emerging from its Business School, Law School, and its College of Physicians and Surgeons. 

Most notably, students can expect to pay up to USD 68,400 in annual tuition fees to attend the prestigious, expensive university — a fair price, considering its high rank on the world stage. With an acceptance rate of 6.1%, Columbia is considered highly competitive, lending credence to its alumni of the brightest minds — chief among them former president Barack Obama, actress Julia Stiles and Liza Weil, Timothée Chalamet, James Franco, Art Garfunkel, and more. According to Forbes, Columbia has produced 11 billionaires to date. 

Founded: 25 May 1754, by King George II of Great Britain 

Annual tuition fees: USD 68,400 (Annual cost of attendance: Approx. USD 89,587) 

Quacquarelli Symonds (QS) rank: 23 

Times Higher Education (THE) rank: 17

(Image: Columbia University/Instagram)

Address
Columbia University, 116th and Broadway, New York, NY 10027, United States
Website
Phone
+1 212-854-1754

9 /13

Colgate University

A private liberal arts institution located in Hamilton, New York, Colgate University is a prestigious establishment that has seen many iterations throughout the years. First established in 1819 as the Baptist Education Society of the State of New York, the institution’s history is one that holds great interest and just a hint of whimsy. As the story goes, in 1817, 13 men came together to birth an experiment in education, together contributing 13 dollars and 13 prayers to fuel the cause. 

Despite Colgate’s lucky number 13 persisting to this very day, the institution’s name was short-lived; in 1823, it was renamed to the Hamilton Theological and Literary Institution (or Hamilton College), and In 1846, it was once again renamed, this time to Madison College. The college would keep this name until 1890, when it received its current name in homage to its longtime patron, trustee, and financial backer, one William Colgate, founder of the Colgate Company — yes, like the toothpaste. 

Today, Colgate University is widely considered to be one of the most selective colleges and universities in the United States, boasting an acceptance rate of 22.6%. It holds a reputation as a Hidden Ivy, as well as one of the Little Ivies, and for good reason. Its stellar reputation precedes it; It is ranked #21 National Liberal Arts College in U.S. News, with popular majors like Econometrics and Quantitative Economics, Political Science and Government, Computer Science, International Relations and Affairs, Neuroscience, and Molecular Biology spanning numerous disciplines and fields. Despite its reputation as one of the most expensive universities in the world, many consider an education at Colgate University to be well worth the financial investment. After all, it counts among its alumni world-renowned names such as Former United States Secretary of State Charles Evans Hughes and journalist Bob Woodruff. 

Founded: 1819, by Jonathan Olmstead, Joel W. Clark, Nathaniel Kendrick, Charles W. Hull, Daniel Hascall, Samuel Payne, Elisha Payne, John Bostwick, Thomas Cox, Samuel Osgood, Amos Kingsley, Peter Philanthropos Roots, and Robert Powell – together forming six clergymen and seven laymen 

Annual tuition fees: USD 66,622 (Annual cost of attendance: Approx. USD 83,814) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A

(Image: Colgate University/Instagram)

Address
Colgate University, 13 Oak Dr E Ext, Hamilton, NY 13346, United States
Website
Phone
+1 315-228-7000

10 /13

University of Chicago

Since its inception in 1890, the University of Chicago has boasted a long and proud history with traditions spanning its many decades in operations. It was mainly funded by American business and oil magnate and philanthropist John Davison Rockefeller Sr – who, by all accounts, is widely considered the wealthiest man in modern history. While it shares its name with a defunct school that was founded in the 1850s and closed in 1886, the University of Chicago is an entirely new institution incorporated by the American Baptist Education Society. Its success is largely credited to a group of early donors including Rockefeller, who gave USD 80 million (Approx. USD 2.33 billion today) for academic operations and long-term endowment, Marshall Field who donated land, and other wealthy Chicago natives like Silas B. Cobb who provided funding for the first building on the Hyde Park campus. With classes officially in session as of 1892, the university soon grew to become a world class institution by 1900. 

Uniquely contrarian in all the best ways, the University of Chicago prides itself on following the path less traveled. In honouring its founding belief, that rigorous academics should be provided to people of all backgrounds, the university encourages the collaboration of students, faculty, and scholars across disciplines and fields to solve complex problems and unearth new knowledge. As of 2024, the university’s acceptance rate stands at a competitive 7.1%, and it boasts excellent rankings for its Business, and Law Schools. Among others, its popular majors include Economics, Computer Science, Mathematics, Biological Sciences, and Political Science. 

With an annual tuition fee of about USD 63,801, it is undeniably one of the most expensive universities in the world, attracting talent from across the globe. Its notable alumni and faculty includes 99 Nobel laureates, 27 Pulitzer prize winners, 29 living billionaire graduates, and 8 Olympic medalists. Most notably, astronomer Carl Sagan, writer Kurt Vonnegut, novelist Paul Goodman, and economist Milton Friedman, and former director of the Federal Bureau of Investigation (FBI) James Comey have all walked its hallowed halls. 

Founded: 1890, by John D. Rockefeller 

Annual tuition fees: USD 63,801 (Annual cost of attendance: Approx. USD 89,040) 

Quacquarelli Symonds (QS) rank: 11 

Times Higher Education (THE) rank: 13 

(Image: University of Chicago/Instagram)

Address
University of Chicago, 5801 S. Ellis Ave. Chicago, IL 60637, United States =
Website
Phone
+1 773-702-1234

11 /13

Tufts University

Founded in 1852 by Christian universalists who sought a nonsectarian institution of tertiary education, Tufts University (then Tufts College) gained its name and its land from American businessman and philanthropist Charles Tufts. While it was initially conceived as a small liberal arts college, the 1970s would see its evolution into a large research university, with several doctorates on offer. Drawing inspiration from its motto Pax et Lux (Peace and Light), students and faculty members of Tufts University seek to imbue the spirit of collaboration in their roles as ‘active global citizens’, where much illumination is shared amongst themselves and with the world at large. 

Rife with global appeal, the university boasts four campuses and six libraries housing 1,292,572 volumes; it offers 90 undergraduate and 160 graduate programs spread out across ten schools in the greater Boston area, as well as in Talloires, France. While its largest school is its School of Arts and Sciences, the university also houses the Fletcher School of Law and Diplomacy — the country’s oldest graduate school of international relations. Understandably, the university’s top three majors are Economics, Biology, and International Relations.Understandably, the university’s top three majors are Economics, Biology, and International Relations. 

While the university’s acceptance rate is a modest 15%, its tuition fees do not come cheap, at an annual rate of USD 66,358, placing it among the most expensive universities in the world. 

Founded: 1852, by Charles Tufts 

Annual tuition fees: USD 66,358 (Annual cost of attendance: Approx. USD 81,700) 

Quacquarelli Symonds (QS) rank: 379 

Times Higher Education (THE) rank: 191 

(Image: Tufts University/Instagram)

Address
Tufts University, 419 Boston Ave, Medford, MA 02155, United States 
Website
Phone
+1 617-627-5000

12 /13

Vassar College

Founded in 1861 with the noble cause of providing equal education to women, as that afforded to men, Vassar College is a coeducational private liberal arts college located in New York’s Poughkeepsie Town. As the second degree-granting institution of higher education for women in the United States, it is one of the history Seven Sisters — seven institutions that formed the nation’s first women’s colleges. In true dedication to their founding mission of equal education across the sexes, Vassar became the first women’s college in the nation to implement coeducation by opening its doors to men in 1969. 

Today, the college offers BA degrees in more than fifty majors, with the most popular among them being Economics, Research and Experimental Psychology, Computer and Information Sciences, Mathematics, English Language and Literature, History, Biology/Biological Sciences, and Political Science and Government. Its campus occupies over a thousand acres of land, comprising more than a hundred buildings that include a National Historic Place, two National Historic Landmarks, and a designated arboretum. 

Founded: 1861, by Matthew Vassar 

Annual tuition fees: USD 66,870 (Annual cost of attendance: Approx. USD 81,280) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A

(Image: Vassar College/Instagram)

Address
124 Raymond Avenue, Poughkeepsie, New York 12604, United States
Website
Phone
+1 845-437-7000

13 /13

Franklin & Marshall College

A private liberal arts college located in Lancaster, Pennsylvania, Franklin and Marshall College assumed its current iteration in 1853, when Franklin College and Marshall College underwent a merger. The former of the college’s predecessors, Franklin College (1787–1853) was named for Benjamin Franklin, who donated £200 to the institution’s founding. Despite initial success, the college soon became inundated with financial woes. In 1853, as a means of securing the fates of both institutions, it underwent a merger with Marshall College, once a Reformed Church academy named for John Marshall, fourth Chief Justice of the United States. Franklin & Marshall College became the first coeducational college in America, enrolling students of both genders. 

Today, the college offers a myriad of majors and minors that span 62 fields of study and ranks #35 in U.S. News’ rankings for best National Liberal Arts Colleges in the nation. Its most popular courses include Political Science and Government as well as Business Administration and Management. To date, it is the seventh highest baccalaureate producer of Fulbright scholars. 

Founded: 1853, through the merging of Franklin College (1787–1853) and Marshall College (1836–1853) 

Annual tuition fees: USD 68,376 (Annual cost of attendance: Approx. USD 84,686) 

Quacquarelli Symonds (QS) rank: N/A 

Times Higher Education (THE) rank: N/A 

(Image: Franklin & Marshall College/Instagram)

Address
637 College Ave, Lancaster, PA 17603, United States
Website
Phone
+1 717-358-3911

The post Exceptional Ivy Leaguers: 13 Of The Most Expensive Universities And Colleges In The World appeared first on Prestige Online - HongKong.

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Song Kang’s Net Worth: Here’s What Contributes to The My Demon Star’s Fortune https://www.prestigeonline.com/hk/lifestyle/wealth-management/song-kang-net-worth-career-expensive-things-my-demon-star-owns/ Mon, 01 Jan 2024 12:00:30 +0000 https://www.prestigeonline.com/hk/?p=296943

One of the most successful actors in the Korean entertainment world, Song Kang is a success story to tell. The K-drama sensation is not just capturing widespread attention for playing the suave Jeong Gu-won in My Demon but also for his ever-growing net worth. Curious to know how the superstar spends his fortune and what some of the most expensive things he owns are? Here’s a look.

Dubbed ‘son of Netflix’ by fans for his leading roles in multiple Netflix original K-dramas, such as Sweet Home (2020) and Nevertheless (2021), actor Song Kang has been consistent in delivering some of the most successful Korean movies and TV shows in the last few years. These include hit titles like Love Alarm (2019–21), When the Devil Calls Your Name (2019), Navillera (2021), Forecasting Love and Weather (2022) and My Demon (2023).

All the details about Song Kang: Net worth, career and other earnings

Song Kang’s net worth

Song Kang net worth
Image: Courtesy Song Kang/Instagram

As of 2023, Song’s net worth stands at around USD 5 million, according to multiple Korean media sources.

While it is difficult to quote an exact figure, it goes without saying that Song, who has had an array of leading roles to his credit over the years, earns quite handsomely from his active acting projects, ads and luxury brand endorsements.

Career and filmography

Song Kang net worth
Image: Courtesy Song Kang/Instagram

Actor, host, model and entertainer, Song made his acting debut in 2017 with the tvN drama series The Liar and His Lover. Following this, he appeared in the family drama, Man in the Kitchen. The same year, he also featured in music videos for South Korean duo group The Ade’s song “Sweet Summer Night” as well as K-pop singer Suran’s song “Love Story”.

The actor’s variety show endeavours include the SBS music programme Inkigayo, which Song hosted from February to October 2018 along with Seventeen’s Mingyu and DIA’s Jung Chae-yeon. He was also seen as a cast member on Village Survival, the Eight. Both shows earned Song the Rookie Award at the 2018 SBS Entertainment Awards.

Song made his big screen debut with the fantasy film Beautiful Vampire, co-starring model Jung Yeon-joo, in October 2018. The film enjoyed a special premiere at the 2018 Bucheon International Fantastic Film Festival in the category of Korean Fantastic: Features and grossed over USD 258 million at the box office, according to the Korean Film Council. However, it was only after the 2019 hit Netflix series Love Alarm that Song Kang became a household name in Korea.

During the audition for the K-drama, Song outperformed 900 other people to play the leading role of the popular high school student Sun Oh. Additionally, the drama’s director, Lee Eung-bok, impressed by Song’s exceptional performance urged him to audition for the horror thriller Sweet Home.

In 2020, Song signed Sweet Home — Netflix’s most expensive K-drama production to date. While his role as the suicidal high school boy Cha Hyun-soo put a lot of pressure on him, the success of the K-drama put Song in the international limelight. Adapted from the Korean webtoon of the same name written by Kim Carnby and illustrated by Hwang Young-chan, Sweet Home was viewed by over 22 million subscribers worldwide in the first four weeks of its release, reported Variety. The apocalyptic horror drama appeared in the Netflix top 10 in more than 70 countries and earned Song a nomination for Best New Actor Television at the 57th Baeksang Arts Awards.

The year 2021 marked the return of Love Alarm, with Song Kang reprising his lead role in the second season of the romantic Korean drama. The actor also showcased his versatility as a ballet dancer in the tvN series Navillera. While Love Alarm season 2 entered the top 10 of daily popular content on the Netflix platform in 56 countries after its release, the final episode of Navillera recorded average nationwide ratings of 3.679 per cent, according to Nielsen Korea.

Song further showcased his talent in the JTBC romantic K-dramas Nevertheless (2021) and Forecasting Love and Weather (2022).

In 2023, the South Korean actor is riding high with the success of the Netflix supernatural fantasy K-drama My Demon. The show is seen winning the hearts of audiences and critics alike, with its captivating love tale between Demon Jeong Gu-won (played by Song) and a mortal chaebol Do Do-hee (played by Kim Yoo-jung).

Song Kang will be seen reprising his role of Cha Hyun-soo in the final season of Sweet Home, which is set to premiere in the summer of 2024.

Luxury brand endorsements

Song Kang net worth
Image: Courtesy Song Kang/Instagram

Besides the entertainment, the My Demon fame actor has made a mark in the fashion and beauty industries.

Song Kang is the face of multiple high-end brands, including the French luxury brand Cartier, the Philippines clothing brand Penshoppe and the Korean skin-care brand Deoproce.

In 2020, Song was selected as a brand ambassador for South Korean cosmetics brand Banila Co. Meanwhile, he has been the global ambassador for the Italian luxury fashion label Prada since 2021. As the face of the brand, Song attended its September 2023 event Prada Mode Seoul along with celebrities Lee Jaeuk and Woohee Chun.

 

View this post on Instagram

 

A post shared by 송강 (@songkang_b)

In 2022, Song became the brand ambassador for Bobbi Brown Cosmetics in the Asia-Pacific region. As its face, the actor models for the brand’s hydrating Intensive Serum Foundation and features in its campaigns that are focused on gender-less makeup essentials.

With over 18.6 million followers, Song is also one of the most popular Korean celebrities on Instagram. The Love Alarm actor, who often shares his magazine cover shoots and sponsored ad posts on social media, reportedly earns around USD 10,000 to USD 100,000 per post on Instagram.

Expensive things owned by Song Kang: Cars, bags and more

Image: Courtesy Song Kang/Instagram

While Song Kang believes in keeping his personal life under wraps, according to K-media, the actor loves spending his wealth on luxury cars.

After the success of his dramas Sweet Home and Nevertheless, Song reportedly bought a USD 192,809 Mercedes-Benz G-Class — the longest-running model in the SUV lineup of Mercedes-Benz.

He is also often seen sporting various high-end fashion pieces from luxury brands, including a USD 2,535 Prada Brique Re-nylon and Saffiano leather bag, a USD 4,200 Prada Double-Breasted Wool Jacket and a USD 1,137 Valentino Men’s Tweed Fringe Button Jacket.

Personal life

Image: Courtesy Song Kang/Instagram

Born on 23 April 1994, Song was a studious kid and wanted to become an architect during his childhood days in Suwon, Gyeonggi, South Korea. However, he soon became enamoured by the entertainment industry. This eventually led Song to pursue his studies in the Department of Film Arts at Seoul’s Konkuk University and finally join acting in 2017.

The Nevertheless actor will be joining the mandatory South Korean military services in the first half of 2024. Sharing his thoughts about his upcoming enlistment during the Sweet Home season 2 press conference, Song said, “It is my natural duty, so once I finish up promotion schedules for ‘Sweet Home 2’, I will fulfill my [mandatory] duties and return in good health.”

(Hero and featured image credit: @songkang_b/Instagram)

The story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– What does Song Kang do for a living?

Song Kang is a popular South Korean actor.

– Who is known as the ‘son of Netflix’?

Song Kang is renowned as the ‘son of Netflix’ because most of his acting endeavours have been for Netflix.

– What dramas has Song Kang acted in?

Some of the most famous K-dramas featuring Song Kang are Love Alarm, Sweet Home, When the Devil Calls Your Name, Navillera, Nevertheless, Forecasting Love and Weather and My Demon.

– What is Song Kang’s favourite food?

One of Song Kang’s favourite foods is Tonkatsu, a Japanese dish consisting of a breaded and deep-fried pork cutlet.

– Who is the richest Korean actor?

Some of the richest Korean actors are Kim Soo-hyun, Ji Chang-wook, Song Joong-ki, Lee Jong-suk, Lee Min-ho, Song Kang, Hwang Sun-oh, Song Hye-kyo, Son Ye-jin, Bae Suzy, Hyun Bin and Lee Seung-gi.

The post Song Kang’s Net Worth: Here’s What Contributes to The <i>My Demon</i> Star’s Fortune appeared first on Prestige Online - HongKong.

]]>

One of the most successful actors in the Korean entertainment world, Song Kang is a success story to tell. The K-drama sensation is not just capturing widespread attention for playing the suave Jeong Gu-won in My Demon but also for his ever-growing net worth. Curious to know how the superstar spends his fortune and what some of the most expensive things he owns are? Here’s a look.

Dubbed ‘son of Netflix’ by fans for his leading roles in multiple Netflix original K-dramas, such as Sweet Home (2020) and Nevertheless (2021), actor Song Kang has been consistent in delivering some of the most successful Korean movies and TV shows in the last few years. These include hit titles like Love Alarm (2019–21), When the Devil Calls Your Name (2019), Navillera (2021), Forecasting Love and Weather (2022) and My Demon (2023).

All the details about Song Kang: Net worth, career and other earnings

Song Kang’s net worth

Song Kang net worth
Image: Courtesy Song Kang/Instagram

As of 2023, Song’s net worth stands at around USD 5 million, according to multiple Korean media sources.

While it is difficult to quote an exact figure, it goes without saying that Song, who has had an array of leading roles to his credit over the years, earns quite handsomely from his active acting projects, ads and luxury brand endorsements.

Career and filmography

Song Kang net worth
Image: Courtesy Song Kang/Instagram

Actor, host, model and entertainer, Song made his acting debut in 2017 with the tvN drama series The Liar and His Lover. Following this, he appeared in the family drama, Man in the Kitchen. The same year, he also featured in music videos for South Korean duo group The Ade’s song “Sweet Summer Night” as well as K-pop singer Suran’s song “Love Story”.

The actor’s variety show endeavours include the SBS music programme Inkigayo, which Song hosted from February to October 2018 along with Seventeen’s Mingyu and DIA’s Jung Chae-yeon. He was also seen as a cast member on Village Survival, the Eight. Both shows earned Song the Rookie Award at the 2018 SBS Entertainment Awards.

Song made his big screen debut with the fantasy film Beautiful Vampire, co-starring model Jung Yeon-joo, in October 2018. The film enjoyed a special premiere at the 2018 Bucheon International Fantastic Film Festival in the category of Korean Fantastic: Features and grossed over USD 258 million at the box office, according to the Korean Film Council. However, it was only after the 2019 hit Netflix series Love Alarm that Song Kang became a household name in Korea.

During the audition for the K-drama, Song outperformed 900 other people to play the leading role of the popular high school student Sun Oh. Additionally, the drama’s director, Lee Eung-bok, impressed by Song’s exceptional performance urged him to audition for the horror thriller Sweet Home.

In 2020, Song signed Sweet Home — Netflix’s most expensive K-drama production to date. While his role as the suicidal high school boy Cha Hyun-soo put a lot of pressure on him, the success of the K-drama put Song in the international limelight. Adapted from the Korean webtoon of the same name written by Kim Carnby and illustrated by Hwang Young-chan, Sweet Home was viewed by over 22 million subscribers worldwide in the first four weeks of its release, reported Variety. The apocalyptic horror drama appeared in the Netflix top 10 in more than 70 countries and earned Song a nomination for Best New Actor Television at the 57th Baeksang Arts Awards.

The year 2021 marked the return of Love Alarm, with Song Kang reprising his lead role in the second season of the romantic Korean drama. The actor also showcased his versatility as a ballet dancer in the tvN series Navillera. While Love Alarm season 2 entered the top 10 of daily popular content on the Netflix platform in 56 countries after its release, the final episode of Navillera recorded average nationwide ratings of 3.679 per cent, according to Nielsen Korea.

Song further showcased his talent in the JTBC romantic K-dramas Nevertheless (2021) and Forecasting Love and Weather (2022).

In 2023, the South Korean actor is riding high with the success of the Netflix supernatural fantasy K-drama My Demon. The show is seen winning the hearts of audiences and critics alike, with its captivating love tale between Demon Jeong Gu-won (played by Song) and a mortal chaebol Do Do-hee (played by Kim Yoo-jung).

Song Kang will be seen reprising his role of Cha Hyun-soo in the final season of Sweet Home, which is set to premiere in the summer of 2024.

Luxury brand endorsements

Song Kang net worth
Image: Courtesy Song Kang/Instagram

Besides the entertainment, the My Demon fame actor has made a mark in the fashion and beauty industries.

Song Kang is the face of multiple high-end brands, including the French luxury brand Cartier, the Philippines clothing brand Penshoppe and the Korean skin-care brand Deoproce.

In 2020, Song was selected as a brand ambassador for South Korean cosmetics brand Banila Co. Meanwhile, he has been the global ambassador for the Italian luxury fashion label Prada since 2021. As the face of the brand, Song attended its September 2023 event Prada Mode Seoul along with celebrities Lee Jaeuk and Woohee Chun.

 

View this post on Instagram

 

A post shared by 송강 (@songkang_b)

In 2022, Song became the brand ambassador for Bobbi Brown Cosmetics in the Asia-Pacific region. As its face, the actor models for the brand’s hydrating Intensive Serum Foundation and features in its campaigns that are focused on gender-less makeup essentials.

With over 18.6 million followers, Song is also one of the most popular Korean celebrities on Instagram. The Love Alarm actor, who often shares his magazine cover shoots and sponsored ad posts on social media, reportedly earns around USD 10,000 to USD 100,000 per post on Instagram.

Expensive things owned by Song Kang: Cars, bags and more

Image: Courtesy Song Kang/Instagram

While Song Kang believes in keeping his personal life under wraps, according to K-media, the actor loves spending his wealth on luxury cars.

After the success of his dramas Sweet Home and Nevertheless, Song reportedly bought a USD 192,809 Mercedes-Benz G-Class — the longest-running model in the SUV lineup of Mercedes-Benz.

He is also often seen sporting various high-end fashion pieces from luxury brands, including a USD 2,535 Prada Brique Re-nylon and Saffiano leather bag, a USD 4,200 Prada Double-Breasted Wool Jacket and a USD 1,137 Valentino Men’s Tweed Fringe Button Jacket.

Personal life

Image: Courtesy Song Kang/Instagram

Born on 23 April 1994, Song was a studious kid and wanted to become an architect during his childhood days in Suwon, Gyeonggi, South Korea. However, he soon became enamoured by the entertainment industry. This eventually led Song to pursue his studies in the Department of Film Arts at Seoul’s Konkuk University and finally join acting in 2017.

The Nevertheless actor will be joining the mandatory South Korean military services in the first half of 2024. Sharing his thoughts about his upcoming enlistment during the Sweet Home season 2 press conference, Song said, “It is my natural duty, so once I finish up promotion schedules for ‘Sweet Home 2’, I will fulfill my [mandatory] duties and return in good health.”

(Hero and featured image credit: @songkang_b/Instagram)

The story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– What does Song Kang do for a living?

Song Kang is a popular South Korean actor.

– Who is known as the ‘son of Netflix’?

Song Kang is renowned as the ‘son of Netflix’ because most of his acting endeavours have been for Netflix.

– What dramas has Song Kang acted in?

Some of the most famous K-dramas featuring Song Kang are Love Alarm, Sweet Home, When the Devil Calls Your Name, Navillera, Nevertheless, Forecasting Love and Weather and My Demon.

– What is Song Kang’s favourite food?

One of Song Kang’s favourite foods is Tonkatsu, a Japanese dish consisting of a breaded and deep-fried pork cutlet.

– Who is the richest Korean actor?

Some of the richest Korean actors are Kim Soo-hyun, Ji Chang-wook, Song Joong-ki, Lee Jong-suk, Lee Min-ho, Song Kang, Hwang Sun-oh, Song Hye-kyo, Son Ye-jin, Bae Suzy, Hyun Bin and Lee Seung-gi.

The post Song Kang’s Net Worth: Here’s What Contributes to The <i>My Demon</i> Star’s Fortune appeared first on Prestige Online - HongKong.

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Banking On Creativity: Meet UOB’s Christine Ip, Deana Ku and Marietta Li https://www.prestigeonline.com/hk/people/banking-on-creativity-meet-uobs-christine-ip-deana-ku-and-marietta-li/ Fri, 29 Dec 2023 03:45:00 +0000 https://www.prestigeonline.com/hk/?p=297156

After more than 30 years in banking, Christine Ip, UOB’s CEO for Greater China, finds inspiration in art, sustainability and wellness.

Filling the CEO role of UOB’s Greater China region sounds like an overwhelming responsibility, one shrouded in spreadsheets and numbers – which it probably is – but for Christine Ip the role is about more than just banking. The industry stalwart also has a passion for the arts and wellness, and is at the forefront of UOB’s sustainability efforts.

“Banking is the only career I’ve had,” she says. “I feel blessed because I’ve been able to work in different lines of businesses within banking. It’s given me the chance to work in different continents and countries as a result, so I’ve had the chance to meet and learn from a lot of people.”

Ip is well aware of the responsibilities on her shoulders and attempts to use her power for good. “I think banking is somewhat the mother of all economies and industries. This industry allowed me to be able to help customers to fulfill their dreams and help them weather difficult times,” she says with pride.

Despite her years abroad and constant travelling, Ip says Hong Kong will always be home to her, and has brought her many opportunities over the years. “In my experience,” she adds, “most employers see Hong Kongers as hardworking, with a high sense of integrity. We’re very committed, and the quality of our output is good and consistent. I feel deeply proud when other people see us like this.”

Surprisingly, banking was never meant to be on the cards for Ip. In fact, she never studied anything related to banking at all. “When I applied to be management trainee, the head of HR subsequently told me that they didn’t think I was a typical banker – all my occupational tests were geared towards [being] an artist. So they actually took a chance on me. And they weren’t too sure whether I’d succeed.”

UOB’s CEO for Greater China, Christine Ip

Fortunately, she did – and thrived, becoming one of the most successful female leaders in the Asian banking sector. Ip believes the most important quality in a good leader is to be honourable, which is reflected in UOB’s four core values, of being honourable, enterprising, united and committed. And while some values can
be learned, honorability is instinctive. “Being united and committed can easily be done, and creativity sometimes can be nurtured,” says Ip, “but being honorable is whether you have the courage to speak up, and to change things when you see them happen. ”

In the process, Ip has been able to use her artistic strengths and creative qualities in different ways. “I’m not a typical banker. Instead, I tend to be a very creative person,” she explains. “I was the one who brought the bank’s automated teller machines into Hong Kong that you see these days. I transformed the way people were doing banking – not to just rely on branches, but to create brand new products and services. She adds, “In those days, it was completely new and unheard of. I’ve found my artistic creativity has certainly helped me in my banking career.”

Ip is not only creative banker: she’s also one who cares, especially about climate change and sustainability, which is a core focus at UOB. “Being a leading bank in Asia, we’re seeing a lot of developing economies that are undergoing transition,” she says. “So to help to build a brighter future for the next generation and our clients, sustainability and ESG (environmental, social and governance) are initiatives that have become imperative in various industries with the threat of climate change and climate risk. That’s why we really need to all embark on.”

Of course, ESG is a framework that helps stakeholders understand how an organisation is managing risks and opportunities related to environmental, social, and governance factors. ESG takes the holistic view that sustainability extends far beyond just environmental issues.

UOB is at the forefront of such sustainability efforts, and was one of the first Asian banks to appoint a Chief Sustainability Officer. “We have very clear credit facilities, guidelines, principles and target assignments – on everything from electronic cars and renewable energy to how to do waste management, we proactively provide training to our staff and clients,” says Ip. As a result, all UOB’s key markets, including Hong Kong, have a Sustainability Officer in charge to ensure targets are met.

UOB’s Christine Ip, Deana Ku and Marietta Li

Helping UOB clients be more environmentally friendly is a key part of the team’s mission, and there’s an increasing demand for their assistance in Hong Kong. “A lot of the local clients – and in particular, the smaller ones – understand the importance of sustainability,” says Ip. “They’ve heard about it, but they don’t know how to do it. And that’s where we come in to help.”

When she’s not running a bank and attempting to save the planet, Ip takes her mental and physical wellness seriously, no matter how busy she is. Asked what she does to unwind, she instantly lists a variety of physical activities, instead of the leisurely ones we’d expect from such a busy banking professional. “I do yoga, Tai Chi and pilates – and I run and I swim,” she says proudly.

“Even though I do a lot of business travel,” she adds, “I always take my swimming suit with me wherever I go. I get up at 6am and I go swimming almost every day. It helps clear my mind. Afterwards, I feel clarity, because helps me think and reflect.”

After more than three decades in the banking industry (and clearly a lot of reflection), Ip says she still manages to find inspiration in her role by helping others. “These days, I’m at my happiest when I’m able to help someone emerge again out of hard times,” she says. “It can be my colleagues or my clients. When I can see people through a difficult time, especially these last few years, it makes my role even more meaningful.”

MEET CHRISTINE’S RIGHT-HAND WOMEN

UOB’s Deana Ku

DEANA KU

Head of Human Resources, Greater Bay Area

Tell us about what you do.

I have more than 20 years of working experience in the HR domain. My particular focus is HR business partnering, as well as talent development. Aside from the banking industry, I’ve worked in retail and also telecoms. Simply put, I love connecting with people.

What challenges do women face in their careers?

I’m lucky enough not have faced many challenges myself as a woman. Since I joined the banking industry around 13 years ago, I’ve been lucky that an organisation like UOB advocates gender diversity and inclusion. That’s why we encourage bringing in people and professionals from different cultures and different perspectives. We’ve tried to create a culture in which both female and male colleagues can enjoy the same opportunities.

How do you bring art and creativity into the banking world?

Besides UOB’s CSR initiatives, we host art therapy and workshops for our staff, which creates a positive impact on mental health and wellness. It definitely works for many of us, relieving stress and creating positive emotions, as well as increasing the feeling of social connectedness. It translates into better performance in the workplace too.

UOB’s Marietta Li

MARIETTA LI

Head of Strategic Communications, Brand and Customer Insights, Hong Kong and Taiwan.
Head of Network Partnerships and Strategic Marketing, Foreign Direct Investment Advisory, Hong Kong

Tell us about what you do.

I’m responsible for the strategy and development of brand management, communications, customer insights and CSR initiatives for UOB Hong Kong and Taiwan, as well as network partnerships and strategic marketing of the foreign direct investment business in Hong Kong. I previously worked largely in retail banking.

How has art impacted your work at UOB?

Personally, I’m really into fashion, so it’s been a perfect match for me, because I love fashion as wearable art. Since we started the UOB Art Academy – our signature programme launched in 2015 – I can definitely see the power of art. I can see how art can connect people, how it can bring people a sense of belonging and provide a shared platform for people to unleash their potential and shine.

What advice do you have for future female leaders?

As a career woman, first you need to accept who you are. You don’t need to behave like a man and compete with the other gender. You just need to understand yourself, be who you are and focus on what you need in order to grow.

The post Banking On Creativity: Meet UOB’s Christine Ip, Deana Ku and Marietta Li appeared first on Prestige Online - HongKong.

]]>

After more than 30 years in banking, Christine Ip, UOB’s CEO for Greater China, finds inspiration in art, sustainability and wellness.

Filling the CEO role of UOB’s Greater China region sounds like an overwhelming responsibility, one shrouded in spreadsheets and numbers – which it probably is – but for Christine Ip the role is about more than just banking. The industry stalwart also has a passion for the arts and wellness, and is at the forefront of UOB’s sustainability efforts.

“Banking is the only career I’ve had,” she says. “I feel blessed because I’ve been able to work in different lines of businesses within banking. It’s given me the chance to work in different continents and countries as a result, so I’ve had the chance to meet and learn from a lot of people.”

Ip is well aware of the responsibilities on her shoulders and attempts to use her power for good. “I think banking is somewhat the mother of all economies and industries. This industry allowed me to be able to help customers to fulfill their dreams and help them weather difficult times,” she says with pride.

Despite her years abroad and constant travelling, Ip says Hong Kong will always be home to her, and has brought her many opportunities over the years. “In my experience,” she adds, “most employers see Hong Kongers as hardworking, with a high sense of integrity. We’re very committed, and the quality of our output is good and consistent. I feel deeply proud when other people see us like this.”

Surprisingly, banking was never meant to be on the cards for Ip. In fact, she never studied anything related to banking at all. “When I applied to be management trainee, the head of HR subsequently told me that they didn’t think I was a typical banker – all my occupational tests were geared towards [being] an artist. So they actually took a chance on me. And they weren’t too sure whether I’d succeed.”

UOB’s CEO for Greater China, Christine Ip

Fortunately, she did – and thrived, becoming one of the most successful female leaders in the Asian banking sector. Ip believes the most important quality in a good leader is to be honourable, which is reflected in UOB’s four core values, of being honourable, enterprising, united and committed. And while some values can
be learned, honorability is instinctive. “Being united and committed can easily be done, and creativity sometimes can be nurtured,” says Ip, “but being honorable is whether you have the courage to speak up, and to change things when you see them happen. ”

In the process, Ip has been able to use her artistic strengths and creative qualities in different ways. “I’m not a typical banker. Instead, I tend to be a very creative person,” she explains. “I was the one who brought the bank’s automated teller machines into Hong Kong that you see these days. I transformed the way people were doing banking – not to just rely on branches, but to create brand new products and services. She adds, “In those days, it was completely new and unheard of. I’ve found my artistic creativity has certainly helped me in my banking career.”

Ip is not only creative banker: she’s also one who cares, especially about climate change and sustainability, which is a core focus at UOB. “Being a leading bank in Asia, we’re seeing a lot of developing economies that are undergoing transition,” she says. “So to help to build a brighter future for the next generation and our clients, sustainability and ESG (environmental, social and governance) are initiatives that have become imperative in various industries with the threat of climate change and climate risk. That’s why we really need to all embark on.”

Of course, ESG is a framework that helps stakeholders understand how an organisation is managing risks and opportunities related to environmental, social, and governance factors. ESG takes the holistic view that sustainability extends far beyond just environmental issues.

UOB is at the forefront of such sustainability efforts, and was one of the first Asian banks to appoint a Chief Sustainability Officer. “We have very clear credit facilities, guidelines, principles and target assignments – on everything from electronic cars and renewable energy to how to do waste management, we proactively provide training to our staff and clients,” says Ip. As a result, all UOB’s key markets, including Hong Kong, have a Sustainability Officer in charge to ensure targets are met.

UOB’s Christine Ip, Deana Ku and Marietta Li

Helping UOB clients be more environmentally friendly is a key part of the team’s mission, and there’s an increasing demand for their assistance in Hong Kong. “A lot of the local clients – and in particular, the smaller ones – understand the importance of sustainability,” says Ip. “They’ve heard about it, but they don’t know how to do it. And that’s where we come in to help.”

When she’s not running a bank and attempting to save the planet, Ip takes her mental and physical wellness seriously, no matter how busy she is. Asked what she does to unwind, she instantly lists a variety of physical activities, instead of the leisurely ones we’d expect from such a busy banking professional. “I do yoga, Tai Chi and pilates – and I run and I swim,” she says proudly.

“Even though I do a lot of business travel,” she adds, “I always take my swimming suit with me wherever I go. I get up at 6am and I go swimming almost every day. It helps clear my mind. Afterwards, I feel clarity, because helps me think and reflect.”

After more than three decades in the banking industry (and clearly a lot of reflection), Ip says she still manages to find inspiration in her role by helping others. “These days, I’m at my happiest when I’m able to help someone emerge again out of hard times,” she says. “It can be my colleagues or my clients. When I can see people through a difficult time, especially these last few years, it makes my role even more meaningful.”

MEET CHRISTINE’S RIGHT-HAND WOMEN

UOB’s Deana Ku

DEANA KU

Head of Human Resources, Greater Bay Area

Tell us about what you do.

I have more than 20 years of working experience in the HR domain. My particular focus is HR business partnering, as well as talent development. Aside from the banking industry, I’ve worked in retail and also telecoms. Simply put, I love connecting with people.

What challenges do women face in their careers?

I’m lucky enough not have faced many challenges myself as a woman. Since I joined the banking industry around 13 years ago, I’ve been lucky that an organisation like UOB advocates gender diversity and inclusion. That’s why we encourage bringing in people and professionals from different cultures and different perspectives. We’ve tried to create a culture in which both female and male colleagues can enjoy the same opportunities.

How do you bring art and creativity into the banking world?

Besides UOB’s CSR initiatives, we host art therapy and workshops for our staff, which creates a positive impact on mental health and wellness. It definitely works for many of us, relieving stress and creating positive emotions, as well as increasing the feeling of social connectedness. It translates into better performance in the workplace too.

UOB’s Marietta Li

MARIETTA LI

Head of Strategic Communications, Brand and Customer Insights, Hong Kong and Taiwan.
Head of Network Partnerships and Strategic Marketing, Foreign Direct Investment Advisory, Hong Kong

Tell us about what you do.

I’m responsible for the strategy and development of brand management, communications, customer insights and CSR initiatives for UOB Hong Kong and Taiwan, as well as network partnerships and strategic marketing of the foreign direct investment business in Hong Kong. I previously worked largely in retail banking.

How has art impacted your work at UOB?

Personally, I’m really into fashion, so it’s been a perfect match for me, because I love fashion as wearable art. Since we started the UOB Art Academy – our signature programme launched in 2015 – I can definitely see the power of art. I can see how art can connect people, how it can bring people a sense of belonging and provide a shared platform for people to unleash their potential and shine.

What advice do you have for future female leaders?

As a career woman, first you need to accept who you are. You don’t need to behave like a man and compete with the other gender. You just need to understand yourself, be who you are and focus on what you need in order to grow.

The post Banking On Creativity: Meet UOB’s Christine Ip, Deana Ku and Marietta Li appeared first on Prestige Online - HongKong.

]]>
Job Hunting? Here Are The Highest Paying Internships And Industries Of 2023 https://www.prestigeonline.com/hk/lifestyle/wealth-management/highest-paid-internships/ Fri, 22 Dec 2023 12:00:00 +0000 https://www.prestigeonline.com/hk/?p=294230

2022 was a tumultuous year for the technology sector, with reports of full-time job slashes happening across multiple industry giants. Despite that, business is booming for interns seeking to get one foot in these companies, and with a competitive salary to boot. The highest paid internships all say the same thing: tech and finance are where it’s at. 

In the unstable economic climate of our post-pandemic world, employers are learning more and more that workers simply cannot afford to work for free. While still prevalent across certain creative industries, unpaid internships are fast becoming a thing of the past.  

A report from Glassdoor showed a steady incline in intern salaries, from an average of USD 22.17 per hour in 2021 to an average of USD 24.63 per hour in 2022. The report, comprising data from companies with the highest average monthly base pay for internships as reported by either current or former interns based in the United States, shed some light on the industries offering the highest paid internships. The highest bidders? Tech and finance giants. 

This news may come as a bit of a surprise. After all, devastating reports of mass cuts have surfaced in recent months; to date, more than 183,648 workers have been laid off from their US-based tech companies. It seems counter-intuitive considering renewed interest in technology-based businesses in early 2023, with generative artificial intelligence research and application leading the charge to greater efficiency. In addition to that, interest in green technology continues as businesses and governments work to lower their carbon footprint.  

Technology corporation Microsoft laid off 10,000 employees earlier this year in anticipation of slower revenue growth. In March, Amazon laid off 9,000 employees in a bid to streamline costs in the face of an uncertain economy. The e-commerce giant had previously laid off 18,000 employees between November 2022 and January of this year. Across the board, tech giants found themselves facing financial constraints – some of which were directly impacted by the collapse of the Silicon Valley bank. Startups were likewise impacted, with many failing to clear the hurdle to continued survival.  

Which begs the question: Why are interns hot property right now? 

highest paid internships, best paying internships hero
Artificial intelligence is one of the key touchpoints of a progressive tech industry. (Image: Tara Winstead/Pexels)

Why are companies paying their interns more? 

Understandably, the tech companies that underwent massive layoffs inevitably ended up with more work than their employees could handle. While this likely contributes to the continued hiring of interns, with interns providing reasonable work for a fraction of the cost of senior employees, these companies also use their internship programs as part of their long-term hiring strategy, targeting talent at its most nascent stages.  

The goal is to woo interns with a salary reflecting what they would earn as starting salaries, and thus entice them to stick around in the long run. Lauren Thomas, an economist and data scientist at Glassdoor, believes high paying internships are crucial to employee retention in a market currently undergoing a workforce-wide war for talent, saying, “We’re in “a historically tight job market for employers – which means employees have more choice than usual.” 

Why tech and finance? 

In specialised industries such as technology and finance, it is imperative that top talent is retained. Both industries have seen layoffs across multiple mega corporations – Amazon, Microsoft, Meta, X, and Roblox in tech and Citigroup, Goldman Sachs, and Bank of America in finance. However, a report by Deloitte posits that the lines between both industries will continue to blur in 2024, with brand new technological advancements fueling the shifting landscapes of the finance industry. The high level of investment in interns is indicative of these companies’ outlooks – and perhaps a sign that they are gearing up for the future. 

So, what are the highest paid internships of 2023? 

While not definitive in any sense, Glassdoor’s report does in fact show a leading trend for highest paid internships within the tech sector, closely followed by finance. 

1. Stripe, Fintech – Median Monthly Pay: USD 9,064 

2. Roblox, Tech – Median Monthly Pay: USD 9,017 

3. NVIDIA, Tech – Median Monthly Pay: USD 8,280 

4. Coinbase, Fintech – Median Monthly Pay: USD 8,206 

5. Meta, Tech – Median Monthly Pay: USD 8,160 

6. Capital One, Finance – Median Monthly Pay: USD 8,050 

7. Credit Suisse, Finance – Median Monthly Pay: USD 7,947 

8. Bain & Company, Consultancy – Median Monthly Pay: USD 7,873 

9. Amazon, Tech – Median Monthly Pay: USD 7,809 

10. EY-Parthenon, Consultancy – Median Monthly Pay: USD 7,651 

11. TikTok, Tech – Median Monthly Pay: USD 7,619 

12. Adobe, Tech – Median Monthly Pay: USD 7,568 

13. Snap, Tech – Median Monthly Pay: USD 7,520 

14. HubSpot, Tech – Median Monthly Pay: USD 7,477 

15. Splunk, Tech – Median Monthly Pay: USD 7,375 

16. LinkedIn, Tech – Median Monthly Pay: USD 7,360 

17. X (formerly Twitter), Tech – Median Monthly Pay: USD 7,290 

18. BlackRock, Finance – Median Monthly Pay: USD 7,270 

19. J.P. Morgan, Finance – Median Monthly Pay: USD 7,188 

20. McKinsey & Company, Consultancy – Median Monthly Pay: USD 7,170 

21. Uber, Tech – Median Monthly Pay: USD 7,090 

22. Citi, Finance – Median Monthly Pay: USD 7,025 

23. ServiceNow, Tech – Median Monthly Pay: USD 6,989 

24. Rivian, Automotive – Median Monthly Pay: USD 6,988 

25. Microsoft, Tech – Median Monthly Pay: USD 6,934 

Frequently Asked Questions (FAQs) 

What internship pays the highest? 

The current highest paying internships include Stripe, which pays interns a median monthly salary of USD 9,064, and follow-ups Roblox, NVIDIA, Coinbase, and Meta. 

Which company pays the highest intern salary? 

According to Glassdoor, fintech company Stripe currently tops the list of highest paying internships in the world with a median monthly salary of USD 9,064. 

How much do Google interns get paid? 

According to Glassdoor, interns at Google get paid an average of USD 7,684 per month. 

Which bank pays interns the most? 

Topping the list is New York-based quantitative trading firm Hudson River City with an average monthly salary of USD 22,817, followed by Jane Street and Citadel. 

(Main and featured images: Thirdman/Pexels)

The post Job Hunting? Here Are The Highest Paying Internships And Industries Of 2023 appeared first on Prestige Online - HongKong.

]]>

2022 was a tumultuous year for the technology sector, with reports of full-time job slashes happening across multiple industry giants. Despite that, business is booming for interns seeking to get one foot in these companies, and with a competitive salary to boot. The highest paid internships all say the same thing: tech and finance are where it’s at. 

In the unstable economic climate of our post-pandemic world, employers are learning more and more that workers simply cannot afford to work for free. While still prevalent across certain creative industries, unpaid internships are fast becoming a thing of the past.  

A report from Glassdoor showed a steady incline in intern salaries, from an average of USD 22.17 per hour in 2021 to an average of USD 24.63 per hour in 2022. The report, comprising data from companies with the highest average monthly base pay for internships as reported by either current or former interns based in the United States, shed some light on the industries offering the highest paid internships. The highest bidders? Tech and finance giants. 

This news may come as a bit of a surprise. After all, devastating reports of mass cuts have surfaced in recent months; to date, more than 183,648 workers have been laid off from their US-based tech companies. It seems counter-intuitive considering renewed interest in technology-based businesses in early 2023, with generative artificial intelligence research and application leading the charge to greater efficiency. In addition to that, interest in green technology continues as businesses and governments work to lower their carbon footprint.  

Technology corporation Microsoft laid off 10,000 employees earlier this year in anticipation of slower revenue growth. In March, Amazon laid off 9,000 employees in a bid to streamline costs in the face of an uncertain economy. The e-commerce giant had previously laid off 18,000 employees between November 2022 and January of this year. Across the board, tech giants found themselves facing financial constraints – some of which were directly impacted by the collapse of the Silicon Valley bank. Startups were likewise impacted, with many failing to clear the hurdle to continued survival.  

Which begs the question: Why are interns hot property right now? 

highest paid internships, best paying internships hero
Artificial intelligence is one of the key touchpoints of a progressive tech industry. (Image: Tara Winstead/Pexels)

Why are companies paying their interns more? 

Understandably, the tech companies that underwent massive layoffs inevitably ended up with more work than their employees could handle. While this likely contributes to the continued hiring of interns, with interns providing reasonable work for a fraction of the cost of senior employees, these companies also use their internship programs as part of their long-term hiring strategy, targeting talent at its most nascent stages.  

The goal is to woo interns with a salary reflecting what they would earn as starting salaries, and thus entice them to stick around in the long run. Lauren Thomas, an economist and data scientist at Glassdoor, believes high paying internships are crucial to employee retention in a market currently undergoing a workforce-wide war for talent, saying, “We’re in “a historically tight job market for employers – which means employees have more choice than usual.” 

Why tech and finance? 

In specialised industries such as technology and finance, it is imperative that top talent is retained. Both industries have seen layoffs across multiple mega corporations – Amazon, Microsoft, Meta, X, and Roblox in tech and Citigroup, Goldman Sachs, and Bank of America in finance. However, a report by Deloitte posits that the lines between both industries will continue to blur in 2024, with brand new technological advancements fueling the shifting landscapes of the finance industry. The high level of investment in interns is indicative of these companies’ outlooks – and perhaps a sign that they are gearing up for the future. 

So, what are the highest paid internships of 2023? 

While not definitive in any sense, Glassdoor’s report does in fact show a leading trend for highest paid internships within the tech sector, closely followed by finance. 

1. Stripe, Fintech – Median Monthly Pay: USD 9,064 

2. Roblox, Tech – Median Monthly Pay: USD 9,017 

3. NVIDIA, Tech – Median Monthly Pay: USD 8,280 

4. Coinbase, Fintech – Median Monthly Pay: USD 8,206 

5. Meta, Tech – Median Monthly Pay: USD 8,160 

6. Capital One, Finance – Median Monthly Pay: USD 8,050 

7. Credit Suisse, Finance – Median Monthly Pay: USD 7,947 

8. Bain & Company, Consultancy – Median Monthly Pay: USD 7,873 

9. Amazon, Tech – Median Monthly Pay: USD 7,809 

10. EY-Parthenon, Consultancy – Median Monthly Pay: USD 7,651 

11. TikTok, Tech – Median Monthly Pay: USD 7,619 

12. Adobe, Tech – Median Monthly Pay: USD 7,568 

13. Snap, Tech – Median Monthly Pay: USD 7,520 

14. HubSpot, Tech – Median Monthly Pay: USD 7,477 

15. Splunk, Tech – Median Monthly Pay: USD 7,375 

16. LinkedIn, Tech – Median Monthly Pay: USD 7,360 

17. X (formerly Twitter), Tech – Median Monthly Pay: USD 7,290 

18. BlackRock, Finance – Median Monthly Pay: USD 7,270 

19. J.P. Morgan, Finance – Median Monthly Pay: USD 7,188 

20. McKinsey & Company, Consultancy – Median Monthly Pay: USD 7,170 

21. Uber, Tech – Median Monthly Pay: USD 7,090 

22. Citi, Finance – Median Monthly Pay: USD 7,025 

23. ServiceNow, Tech – Median Monthly Pay: USD 6,989 

24. Rivian, Automotive – Median Monthly Pay: USD 6,988 

25. Microsoft, Tech – Median Monthly Pay: USD 6,934 

Frequently Asked Questions (FAQs) 

What internship pays the highest? 

The current highest paying internships include Stripe, which pays interns a median monthly salary of USD 9,064, and follow-ups Roblox, NVIDIA, Coinbase, and Meta. 

Which company pays the highest intern salary? 

According to Glassdoor, fintech company Stripe currently tops the list of highest paying internships in the world with a median monthly salary of USD 9,064. 

How much do Google interns get paid? 

According to Glassdoor, interns at Google get paid an average of USD 7,684 per month. 

Which bank pays interns the most? 

Topping the list is New York-based quantitative trading firm Hudson River City with an average monthly salary of USD 22,817, followed by Jane Street and Citadel. 

(Main and featured images: Thirdman/Pexels)

The post Job Hunting? Here Are The Highest Paying Internships And Industries Of 2023 appeared first on Prestige Online - HongKong.

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Inside Lee Jong-Suk’s Net Worth, One of Korea’s Best-Paid Actors https://www.prestigeonline.com/hk/lifestyle/wealth-management/lee-jong-suk-net-worth-korean-drama-actor/ Mon, 18 Dec 2023 05:17:02 +0000 https://www.prestigeonline.com/hk/?p=295614

By helming hits like Pinocchio and W and bagging big-brand commercials by the dozen — amongst other factors — K-drama dreamboat Lee Jong-suk has amassed a jaw-dropping net worth. Needless to say, his lifestyle spells luxury.

At 15, Lee Jong-suk was crowned the youngest male model to ever walk the runway at Seoul Fashion Week. Several years and a short stint as an idol singer later, he’d risen to recognition with the romantic comedy Prosecutor Princess. The rest — as the adage goes — is history. Most recently, the actor made headlines for his relationship with K-pop singer IU — one of the entertainment industry’s most popular celebrities. His filmography is exciting, with titles exploring a range of genres. This, combined with his reputation for being good looking, charming, and philanthropic has accorded him the distinction of a Hallyu heartthrob.

On his part, the star remains determined to make the most of it all, “I plan to consume my image and my acting as much as I can. After I’ve shown so much of myself, I might be driven to find new aspects of myself. Or I might slowly stop getting offers. People might stop being curious about me. Then, I might just disappear (from the acting scene),” he told the Korea Herald. This approach has translated into hard work and hit shows. The latter, in turn, brought several brand endorsements to his doorstep. Today, he’s one of the best-paid actors in the industry — with his lifestyle being marked by luxurious investments. Here’s a look at Lee Jong-suk’s net worth.

Lee Jong-suk’s net worth

Most recently, reports by the Economic Times and Free Press Journal placed Lee Jong-suk’s net worth at USD 32 million. This is likely courtesy of his large fee, endorsements, and successful movies and shows. Several other media outlets have speculated what his wealth would be if he were to get married to his current girlfriend IU — who happens to be one of the industry’s best-paid personalities herself. Sportskeeda places the estimate of their combined fortunes at about USD 78.7 million.

Fees per episode

 

View this post on Instagram

 

A post shared by 이종석 (@jongsuk0206)

A 2010 report by South China Morning Post states that at a pay of USD 50,000 (INR 41 lakh approx.) per episode, Lee Jong-suk rubs shoulders with the likes of K-drama kings Song Joong-Ki and Ji Chang Wook. It also notes that for the popular drama Romance Is A Bonus Book alone he earned USD 800,000 (INR 6 crore approx.).

Big brand endorsements

Lee Jong Suk net worth

At over 26.3 million followers — Lee Jong-suk is one of the most recognisable faces of entertainment, not just in South Korea but the world. Naturally, brands see incredible value in working with him. Some of the biggest include luxury fashion names Prada and Burberry — both of whom he’s a brand ambassador for. In 2019, a report by the Korea Joongang Daily noted that he’d be representing CJ ENM’s fashion brand Ce& — adding that the brand saw his ‘soft and elegant’ look fit their image.

Meanwhile, Soompi quotes Chinese lifestyle brand Semir — of which he’s a brand ambassador — saying, “Lee Jong Suk, who can pull off a classy and fashionable look in just a simple white button-up, fits our image well. We predict an improvement to our brand image with Lee Jong-suk as our model, him having both great acting skill and looks, and we look forward to the positive effect he will bring to our company.” While his fee per endorsement hasn’t been revealed, it’s safe to assume that it’s quite high.

Real-estate investments

Lee Jong Suk net worth

Like most of his peers, Lee Jong-suk has made several real estate investments. The Manila Bulletin notes that he owns three properties in the wealthy Hannam-dong neighbourhood in Yongsan. This includes a unit at the luxurious Nine One Hannam which was priced at USD 4.53 million in 2021. Reportedly, BigBang’s G-Dragon has a penthouse to his name here.

Lee Jong-suk also has space at La Terrasse Hannam — a luxurious 244.33 sq ft. villa in the upscale UN Village — which is currently priced at USD 5.44 million. This aside, he bought a building in Hannam in 2018 at a total area of 154.88 sq. m — complete with a basement and two upset floors — whose market price was about USD 3.62 million in 2021. Current prices are expected to be much higher.

Besides these, Lee Jong-suk also made news for his investments when he paid about USD 3.4 million for an abandoned building. This he later converted into a chic cafe-restaurant called 89Mansion — helping sales by visiting often before the pandemic caused them to dwindle. He sold the building in 2020 at USD 5.1 million, making a tidy profit in the process, South China Morning Post reports.

Philanthropy

Lee Jong Suk net worth

Besides luxurious investments, Lee Jong-suk spends his money by advocating against violence for children — donating about USD 93,000 to aid organisation Good Neighbours in 2018 and USD 165,000  to UNICEF Korea.

(All images: @jongsuk0206/instagram)

The story first appeared on Lifestyle Asia Singapore

The post Inside Lee Jong-Suk’s Net Worth, One of Korea’s Best-Paid Actors appeared first on Prestige Online - HongKong.

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By helming hits like Pinocchio and W and bagging big-brand commercials by the dozen — amongst other factors — K-drama dreamboat Lee Jong-suk has amassed a jaw-dropping net worth. Needless to say, his lifestyle spells luxury.

At 15, Lee Jong-suk was crowned the youngest male model to ever walk the runway at Seoul Fashion Week. Several years and a short stint as an idol singer later, he’d risen to recognition with the romantic comedy Prosecutor Princess. The rest — as the adage goes — is history. Most recently, the actor made headlines for his relationship with K-pop singer IU — one of the entertainment industry’s most popular celebrities. His filmography is exciting, with titles exploring a range of genres. This, combined with his reputation for being good looking, charming, and philanthropic has accorded him the distinction of a Hallyu heartthrob.

On his part, the star remains determined to make the most of it all, “I plan to consume my image and my acting as much as I can. After I’ve shown so much of myself, I might be driven to find new aspects of myself. Or I might slowly stop getting offers. People might stop being curious about me. Then, I might just disappear (from the acting scene),” he told the Korea Herald. This approach has translated into hard work and hit shows. The latter, in turn, brought several brand endorsements to his doorstep. Today, he’s one of the best-paid actors in the industry — with his lifestyle being marked by luxurious investments. Here’s a look at Lee Jong-suk’s net worth.

Lee Jong-suk’s net worth

Most recently, reports by the Economic Times and Free Press Journal placed Lee Jong-suk’s net worth at USD 32 million. This is likely courtesy of his large fee, endorsements, and successful movies and shows. Several other media outlets have speculated what his wealth would be if he were to get married to his current girlfriend IU — who happens to be one of the industry’s best-paid personalities herself. Sportskeeda places the estimate of their combined fortunes at about USD 78.7 million.

Fees per episode

 

View this post on Instagram

 

A post shared by 이종석 (@jongsuk0206)

A 2010 report by South China Morning Post states that at a pay of USD 50,000 (INR 41 lakh approx.) per episode, Lee Jong-suk rubs shoulders with the likes of K-drama kings Song Joong-Ki and Ji Chang Wook. It also notes that for the popular drama Romance Is A Bonus Book alone he earned USD 800,000 (INR 6 crore approx.).

Big brand endorsements

Lee Jong Suk net worth

At over 26.3 million followers — Lee Jong-suk is one of the most recognisable faces of entertainment, not just in South Korea but the world. Naturally, brands see incredible value in working with him. Some of the biggest include luxury fashion names Prada and Burberry — both of whom he’s a brand ambassador for. In 2019, a report by the Korea Joongang Daily noted that he’d be representing CJ ENM’s fashion brand Ce& — adding that the brand saw his ‘soft and elegant’ look fit their image.

Meanwhile, Soompi quotes Chinese lifestyle brand Semir — of which he’s a brand ambassador — saying, “Lee Jong Suk, who can pull off a classy and fashionable look in just a simple white button-up, fits our image well. We predict an improvement to our brand image with Lee Jong-suk as our model, him having both great acting skill and looks, and we look forward to the positive effect he will bring to our company.” While his fee per endorsement hasn’t been revealed, it’s safe to assume that it’s quite high.

Real-estate investments

Lee Jong Suk net worth

Like most of his peers, Lee Jong-suk has made several real estate investments. The Manila Bulletin notes that he owns three properties in the wealthy Hannam-dong neighbourhood in Yongsan. This includes a unit at the luxurious Nine One Hannam which was priced at USD 4.53 million in 2021. Reportedly, BigBang’s G-Dragon has a penthouse to his name here.

Lee Jong-suk also has space at La Terrasse Hannam — a luxurious 244.33 sq ft. villa in the upscale UN Village — which is currently priced at USD 5.44 million. This aside, he bought a building in Hannam in 2018 at a total area of 154.88 sq. m — complete with a basement and two upset floors — whose market price was about USD 3.62 million in 2021. Current prices are expected to be much higher.

Besides these, Lee Jong-suk also made news for his investments when he paid about USD 3.4 million for an abandoned building. This he later converted into a chic cafe-restaurant called 89Mansion — helping sales by visiting often before the pandemic caused them to dwindle. He sold the building in 2020 at USD 5.1 million, making a tidy profit in the process, South China Morning Post reports.

Philanthropy

Lee Jong Suk net worth

Besides luxurious investments, Lee Jong-suk spends his money by advocating against violence for children — donating about USD 93,000 to aid organisation Good Neighbours in 2018 and USD 165,000  to UNICEF Korea.

(All images: @jongsuk0206/instagram)

The story first appeared on Lifestyle Asia Singapore

The post Inside Lee Jong-Suk’s Net Worth, One of Korea’s Best-Paid Actors appeared first on Prestige Online - HongKong.

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Shakira Net Worth: Music, Tours And Assets of The ‘Waka Waka’ Hitmaker https://www.prestigeonline.com/hk/lifestyle/wealth-management/shakira-net-worth-music-tours-and-assets-she-owns/ Tue, 05 Dec 2023 06:00:36 +0000 https://www.prestigeonline.com/hk/?p=293434

Shakira Isabel Mebarak Ripoll, famously known by her mononym Shakira, is a Colombian singer, songwriter, dancer, record producer, choreographer and philanthropist. Her fame in music has helped Shakira build a net worth of several million dollars, making her one of the richest names in the world of entertainment.

She has sold over 95 million records worldwide. The earnings from her electrifying live concerts and music videos, which are particularly noted for her dancing and her captivating stage presence, are primarily behind her fortune.

How Shakira made a name with her music

Personal life and recent accolades

Shakira Award
Image credit: Shakira/@shakira/Instagram

Born and raised in Barranquilla, Colombia, Shakira started performing at an early age by participating in local talent shows and festivals. Her first record deal was signed in 1990, connecting her to Sony Corp. She is today a three-time Grammy Award and 14-time Latin Grammy Award winner. As such, she is seen as one of the most successful Latin American recording artists in history, with mainstream fame in both Spanish- and English-speaking markets.

In April 2023, she became Billboard’s first-ever ‘Latin Woman of the Year.’

“Shakira is the ultimate Woman in Music. Thanks to her, Latin women all over the world have been empowered to write and perform deeply personal music. She created a movement all on her own, and continues to be more relevant than ever today, with grace, a deep tradition of giving back, and enormous talent. She is the definition of a Woman in Music,” Leila Cobo, Billboard’s chief content officer for Latin/Español, said at the time.

The honour came on the heels of a stupendous 2022 for Shakira, who delivered her biggest Spanish-language debut of the year with “Monotonía” featuring Ozuna.

She followed it up in January 2023 with the song “Shakira: BZRP Music Sessions #53.” It debuted at No.9 on Billboard’s Hot 100 chart, making Shakira the first woman to reach the top 10 on the chart with a song in Spanish. The song broke 14 Guinness World Records on its way to becoming the most-streamed Latin track in 24 hours in Spotify history and the most-viewed Latin track on YouTube in 24 hours at the time of its release.

Shakira has never been married but has been in long-term relationships twice. Her first relationship was with Argentinian attorney Antonio de la Rua from 2000 to 2011. Her second relationship was with Spanish footballer Gerard Piqué. Their relationship began in 2011 and continued until 2022, during which they became parents to two sons.

Music career and chart-toppers

Shakira’s first two albums, Magia (1991) and Peligro (1993), were moderately successful. After a brief acting stint in a Latin soap opera, she returned to music with her third album Pies Descalzos (1995). It was a phenomenal hit, with celebrated songs such as “Estoy Aquí,” “Pienso en ti” and “Un Poco de Amor.”

Three years later, she released Dónde Están los Ladrones? which fetched her the Latin Grammy Award for Best Female Pop Vocal Performance (for “Ojos Así”) and for Best Rock Vocal Performance (for “Octavo Día”).

It was after the release of this album that Shakira began concentrating on the American market. Her first English-language album was Laundry Service, which was released in 2001. Earlier the same year, she had won the Grammy Award for Best Latin Pop Album for her 2000 hit MTV Unplugged (2000).

With back-to-back successes in Latin and English markets, Shakira secured her place among the biggest names in entertainment in the early half of the 2000s. In June 2005, she released the Spanish-language Fijación Oral, Vol. 1 and followed it up with the English-language Oral Fixation, Vol. 2 in November. Both albums entered the top 10 of the Billboard 200.

 

View this post on Instagram

 

A post shared by Shakira (@shakira)

Oral Fixation, Vol. 2 is also known for the song “Hips Don’t Lie,” which Shakira performed with Wyclef Jean. To date, it is her only song to top the Billboard Hot 100 and the greatest international hit she has ever delivered as it topped charts around the world in 2006.

She won song-of-the-year and record-of-the-year awards for the single “La Tortura.” Fijación Oral, Vol. 1 earned her the Album of the Year and Best Female Pop Vocal Album awards. The album also won the Grammy Award for Best Latin Rock/Alternative Album.

Her second major international hit came with the song “Waka Waka (This Time for Africa).” It was the official song of the 2010 FIFA World Cup, which was held in South Africa and won by Spain. The song was released in English and Spanish. Shakira performed it at both the opening and closing ceremonies. The song was later featured in her album Sale el Sol (2010). The album earned her another Latin Grammy for Best Female Pop Vocal Album and is her fourth album to enter the top 10 of Billboard 200. By this time, Shakira continued her success in the English market with the album She Wolf (2009).

Her last two albums released to date are Shakira (2014) and El Dorado (2017). The former peaked on Billboard 200 at No.2, becoming the highest-charting album by Shakira in the US. Its lead single, “Can’t Remember to Forget You,” was performed with billionaire pop icon Rihanna.

El Dorado, on the other hand, won the Grammy Award for Best Latin Pop Album and the Latin Grammy for Best Contemporary Pop Vocal Album. Its single, “La Bicicleta,” which was performed with Carlos Vives, won Latin Grammy awards for Record of the Year and Song of the Year.

On 17 November 2023, she won three more Latin Grammy Awards to bring her total to 14.

One of them was the award for Best Pop Song for “Shakira: Bzrp Music Sessions, Vol. 53,” with Argentine DJ Bizarrap. The other two were Best Urban Fusion/Performance for “TQG,” in which Shakira featured for Colombian singer-songwriter Karol G’s fourth studio album, Mañana Será Bonito, Song of the Year for Acróstico from Shakira’s upcoming 12th studio album.

She dedicated her latest awards to her children, saying: “I have promised them I will be happy.”

What is Shakira’s net worth?

Shakira Billboard
Image credit: Shakira/@shakira/Twitter

There is no clarity on the net worth of Shakira. Based on multiple reports, it can be concluded that her fortune is somewhere between USD 300 million and USD 400 million.

There are, however, some details about her earnings over the years. She has been counted among the 10 highest-paid women in music by Forbes at least twice — in 2008 and 2018.

She was the fourth-highest-earner in 2008 with USD 38 million. In the 2018 list, which was topped by Taylor Swift, Shakira came 10th with USD 35 million. She was also mentioned as having “made double-digit millions” for the 2013 list by Forbes but was not among the top 10.

In 2008, Shakira left Sony’s Epic label to sign a 10-year deal with Live Nation — one of the biggest live concert promoters in the world. The deal was believed to be between USD 70 million and USD 100 million.

The net worth of Shakira also includes the millions she earned from her concerts, which she has been holding since the 1990s. Although details of her first two tours, Pies Descalzos Tour (1995-1997) and Tour Anfibio (2000) are not clear, her third tour, Tour of the Mongoose (2002-2003), reportedly earned her over USD 70 million.

 

View this post on Instagram

 

A post shared by Shakira (@shakira)

She has since gone on only three concert toursOral Fixation World Tour (2006-2007), The Sun Comes Out World Tour (2010-2011) and El Dorado World Tour (2018). Their exact earnings are unclear, but each made her richer by many millions of dollars.

An August 2023 report by Billboard states that Shakira is the 16th top-grossing Latin artist of all time by tour earnings. The report adds that she made USD 108.1 million from 120 shows in her career. Her biggest reported show was at Foro Sol in Mexico City, Mexico, on 14-15 February 2003, which grossed USD 4.1 million.

In February 2021, Shakira sold her publishing rights to her 145-song music catalogue to London-based music royalties investment firm Hipgnosis. The worth of the deal was not disclosed, but some reports suggest that it could be around USD 100 million.

Shakira has also made a name for herself as a judge on the music reality show The Voice for two seasons in 2013 and 2014. Reports suggest that she was paid USD 12 million per season.

Real estate

Net worth of Shakira
Image credit: Shakira/@shakira/Twitter

The net worth of Shakira includes real estate investments. However, their value is not as high as those of celebrities such as Arnold Schwarzenegger. She is believed to own properties in Miami, Barcelona and the Bahamas.

The Miami mansion is her most notable property. She purchased it in 2010 for USD 12.7 million. The approximately 847.7-square-metre house sits on an around 1,925.5-square-metre waterfront property. It has six bedrooms and seven-and-a-half baths. It also has approximately 30.8 metres of access to Biscayne Bay.

She listed the mansion for sale in 2018 for USD 11.6 million, but it was not sold. She listed it once again in 2021, this time for USD 15.9 million. But after her split from Piqué in 2022, Shakira returned to her Miami house with her sons.

Media reports reveal that Shakira and Piqué would sell the properties they own in Barcelona. One of these is a grand mansion measuring around 379.9 square metres and was put up for sale for USD 16 million.

(Hero and Featured images: Shakira/@shakira/Instagram)

The story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– What is Shakira’s net worth in 2023?

Shakira’s net worth in 2023 sits somewhere between USD 300 to USD 400 million, based on multiple media reports.

– Is Shakira a billionaire?

No, Shakira is not a billionaire.

– What is Shakira most famous for?

Shakira is famous for songs in Latin, but internationally more renowned for the songs “Hips Don’t Lie” and “Waka Waka.”

The post Shakira Net Worth: Music, Tours And Assets of The ‘Waka Waka’ Hitmaker appeared first on Prestige Online - HongKong.

]]>

Shakira Isabel Mebarak Ripoll, famously known by her mononym Shakira, is a Colombian singer, songwriter, dancer, record producer, choreographer and philanthropist. Her fame in music has helped Shakira build a net worth of several million dollars, making her one of the richest names in the world of entertainment.

She has sold over 95 million records worldwide. The earnings from her electrifying live concerts and music videos, which are particularly noted for her dancing and her captivating stage presence, are primarily behind her fortune.

How Shakira made a name with her music

Personal life and recent accolades

Shakira Award
Image credit: Shakira/@shakira/Instagram

Born and raised in Barranquilla, Colombia, Shakira started performing at an early age by participating in local talent shows and festivals. Her first record deal was signed in 1990, connecting her to Sony Corp. She is today a three-time Grammy Award and 14-time Latin Grammy Award winner. As such, she is seen as one of the most successful Latin American recording artists in history, with mainstream fame in both Spanish- and English-speaking markets.

In April 2023, she became Billboard’s first-ever ‘Latin Woman of the Year.’

“Shakira is the ultimate Woman in Music. Thanks to her, Latin women all over the world have been empowered to write and perform deeply personal music. She created a movement all on her own, and continues to be more relevant than ever today, with grace, a deep tradition of giving back, and enormous talent. She is the definition of a Woman in Music,” Leila Cobo, Billboard’s chief content officer for Latin/Español, said at the time.

The honour came on the heels of a stupendous 2022 for Shakira, who delivered her biggest Spanish-language debut of the year with “Monotonía” featuring Ozuna.

She followed it up in January 2023 with the song “Shakira: BZRP Music Sessions #53.” It debuted at No.9 on Billboard’s Hot 100 chart, making Shakira the first woman to reach the top 10 on the chart with a song in Spanish. The song broke 14 Guinness World Records on its way to becoming the most-streamed Latin track in 24 hours in Spotify history and the most-viewed Latin track on YouTube in 24 hours at the time of its release.

Shakira has never been married but has been in long-term relationships twice. Her first relationship was with Argentinian attorney Antonio de la Rua from 2000 to 2011. Her second relationship was with Spanish footballer Gerard Piqué. Their relationship began in 2011 and continued until 2022, during which they became parents to two sons.

Music career and chart-toppers

Shakira’s first two albums, Magia (1991) and Peligro (1993), were moderately successful. After a brief acting stint in a Latin soap opera, she returned to music with her third album Pies Descalzos (1995). It was a phenomenal hit, with celebrated songs such as “Estoy Aquí,” “Pienso en ti” and “Un Poco de Amor.”

Three years later, she released Dónde Están los Ladrones? which fetched her the Latin Grammy Award for Best Female Pop Vocal Performance (for “Ojos Así”) and for Best Rock Vocal Performance (for “Octavo Día”).

It was after the release of this album that Shakira began concentrating on the American market. Her first English-language album was Laundry Service, which was released in 2001. Earlier the same year, she had won the Grammy Award for Best Latin Pop Album for her 2000 hit MTV Unplugged (2000).

With back-to-back successes in Latin and English markets, Shakira secured her place among the biggest names in entertainment in the early half of the 2000s. In June 2005, she released the Spanish-language Fijación Oral, Vol. 1 and followed it up with the English-language Oral Fixation, Vol. 2 in November. Both albums entered the top 10 of the Billboard 200.

 

View this post on Instagram

 

A post shared by Shakira (@shakira)

Oral Fixation, Vol. 2 is also known for the song “Hips Don’t Lie,” which Shakira performed with Wyclef Jean. To date, it is her only song to top the Billboard Hot 100 and the greatest international hit she has ever delivered as it topped charts around the world in 2006.

She won song-of-the-year and record-of-the-year awards for the single “La Tortura.” Fijación Oral, Vol. 1 earned her the Album of the Year and Best Female Pop Vocal Album awards. The album also won the Grammy Award for Best Latin Rock/Alternative Album.

Her second major international hit came with the song “Waka Waka (This Time for Africa).” It was the official song of the 2010 FIFA World Cup, which was held in South Africa and won by Spain. The song was released in English and Spanish. Shakira performed it at both the opening and closing ceremonies. The song was later featured in her album Sale el Sol (2010). The album earned her another Latin Grammy for Best Female Pop Vocal Album and is her fourth album to enter the top 10 of Billboard 200. By this time, Shakira continued her success in the English market with the album She Wolf (2009).

Her last two albums released to date are Shakira (2014) and El Dorado (2017). The former peaked on Billboard 200 at No.2, becoming the highest-charting album by Shakira in the US. Its lead single, “Can’t Remember to Forget You,” was performed with billionaire pop icon Rihanna.

El Dorado, on the other hand, won the Grammy Award for Best Latin Pop Album and the Latin Grammy for Best Contemporary Pop Vocal Album. Its single, “La Bicicleta,” which was performed with Carlos Vives, won Latin Grammy awards for Record of the Year and Song of the Year.

On 17 November 2023, she won three more Latin Grammy Awards to bring her total to 14.

One of them was the award for Best Pop Song for “Shakira: Bzrp Music Sessions, Vol. 53,” with Argentine DJ Bizarrap. The other two were Best Urban Fusion/Performance for “TQG,” in which Shakira featured for Colombian singer-songwriter Karol G’s fourth studio album, Mañana Será Bonito, Song of the Year for Acróstico from Shakira’s upcoming 12th studio album.

She dedicated her latest awards to her children, saying: “I have promised them I will be happy.”

What is Shakira’s net worth?

Shakira Billboard
Image credit: Shakira/@shakira/Twitter

There is no clarity on the net worth of Shakira. Based on multiple reports, it can be concluded that her fortune is somewhere between USD 300 million and USD 400 million.

There are, however, some details about her earnings over the years. She has been counted among the 10 highest-paid women in music by Forbes at least twice — in 2008 and 2018.

She was the fourth-highest-earner in 2008 with USD 38 million. In the 2018 list, which was topped by Taylor Swift, Shakira came 10th with USD 35 million. She was also mentioned as having “made double-digit millions” for the 2013 list by Forbes but was not among the top 10.

In 2008, Shakira left Sony’s Epic label to sign a 10-year deal with Live Nation — one of the biggest live concert promoters in the world. The deal was believed to be between USD 70 million and USD 100 million.

The net worth of Shakira also includes the millions she earned from her concerts, which she has been holding since the 1990s. Although details of her first two tours, Pies Descalzos Tour (1995-1997) and Tour Anfibio (2000) are not clear, her third tour, Tour of the Mongoose (2002-2003), reportedly earned her over USD 70 million.

 

View this post on Instagram

 

A post shared by Shakira (@shakira)

She has since gone on only three concert toursOral Fixation World Tour (2006-2007), The Sun Comes Out World Tour (2010-2011) and El Dorado World Tour (2018). Their exact earnings are unclear, but each made her richer by many millions of dollars.

An August 2023 report by Billboard states that Shakira is the 16th top-grossing Latin artist of all time by tour earnings. The report adds that she made USD 108.1 million from 120 shows in her career. Her biggest reported show was at Foro Sol in Mexico City, Mexico, on 14-15 February 2003, which grossed USD 4.1 million.

In February 2021, Shakira sold her publishing rights to her 145-song music catalogue to London-based music royalties investment firm Hipgnosis. The worth of the deal was not disclosed, but some reports suggest that it could be around USD 100 million.

Shakira has also made a name for herself as a judge on the music reality show The Voice for two seasons in 2013 and 2014. Reports suggest that she was paid USD 12 million per season.

Real estate

Net worth of Shakira
Image credit: Shakira/@shakira/Twitter

The net worth of Shakira includes real estate investments. However, their value is not as high as those of celebrities such as Arnold Schwarzenegger. She is believed to own properties in Miami, Barcelona and the Bahamas.

The Miami mansion is her most notable property. She purchased it in 2010 for USD 12.7 million. The approximately 847.7-square-metre house sits on an around 1,925.5-square-metre waterfront property. It has six bedrooms and seven-and-a-half baths. It also has approximately 30.8 metres of access to Biscayne Bay.

She listed the mansion for sale in 2018 for USD 11.6 million, but it was not sold. She listed it once again in 2021, this time for USD 15.9 million. But after her split from Piqué in 2022, Shakira returned to her Miami house with her sons.

Media reports reveal that Shakira and Piqué would sell the properties they own in Barcelona. One of these is a grand mansion measuring around 379.9 square metres and was put up for sale for USD 16 million.

(Hero and Featured images: Shakira/@shakira/Instagram)

The story first appeared on Lifestyle Asia Singapore

Frequently Asked Questions (FAQs)

– What is Shakira’s net worth in 2023?

Shakira’s net worth in 2023 sits somewhere between USD 300 to USD 400 million, based on multiple media reports.

– Is Shakira a billionaire?

No, Shakira is not a billionaire.

– What is Shakira most famous for?

Shakira is famous for songs in Latin, but internationally more renowned for the songs “Hips Don’t Lie” and “Waka Waka.”

The post Shakira Net Worth: Music, Tours And Assets of The ‘Waka Waka’ Hitmaker appeared first on Prestige Online - HongKong.

]]>
Park Jin-Young’s Net Worth: The Success Story of the JYP Entertainment Founder https://www.prestigeonline.com/hk/lifestyle/culture-plus-entertainment/jyp-entertainment-founder-park-jin-young-net-worth-and-things-he-owns/ Tue, 28 Nov 2023 06:10:33 +0000 https://www.prestigeonline.com/hk/?p=288170 Park Jin-young net worth

The South Korean entertainment industry has revolutionised the global pop scene and while the audience stans well-known K-pop idols, few know about the faces behind the largest talent companies establishing them. One of the pioneers of the industry, Park Jin-young is a noteworthy name and his colossal net worth and business empire are a testament to that.

Park, who goes by the stage name Jin Young Park and is better known as JY Park or JYP, is one of the richest K-pop celebrities. However, he is more famous as the founder of JYP Entertainment, one of the biggest talent management organisations in South Korea behind the success of ITZY, Wonder Girls, 2 AM, Suzy Bae of Miss A, Stray Kids, TWICE, GOT7 and the newly formed Japanese girl group NiziU.

JYP recently set social media ablaze after his performance at the 43rd Blue Dragon Film Awards ceremony on November 24, where he delivered a medley of songs including Eurythmics’ “Sweet Dreams” and A-Ha’s “Take On Me”. Sporting smoky eye makeup, he took the stage dressed in a white dress, which he later shed to reveal a purple lace jumpsuit before segueing into dramatic dance choreography.

The video quickly went viral online, thanks to the shocked and amused expressions on the audience’s faces. It also spawned TikTok clips of particularly hilarious moments in his performance.

@reallykwan well he never fails to shock us #jyp #kpop #exo #exol #nct #nctzen #txt #carat ♬ original sound – seunct

While some netizens mocked his flamboyant moves and occasionally off-key singing, many others applauded his confidence and unconventional style. His fellow celebrities have also weighed in on his performance, with some playfully joking about the audience reactions.

@sunghanbinna JYP IS A MEME I CANT TAKE HIM SERIOUSLY 😭😭😭 #jyp #parkjinyoung #awardshow #funny #reaction ‎⁦‪#BlueDragonFilmAwards2023‬⁩ #suzy #baesuzy #fyp #fypシ #kpop #kpopfyp #kpopfunny #kdramafyp #kdrama #meme #foryou #foryoupage #bluedragonawards #sunghanbin ♬ the psycho intro gone wrong ㅠㅠ – Arielle

Evidently, JYP knows what gets people talking. Dominating the music arena and giving a platform to rising artists — both Park Jin-young and JYP Entertainment have emerged as irrefutable brands. Naturally, his net worth, solo career and passion for creating his own music are awe-inspiring.

As Park Jin-young embarks on a new journey with NiziU introducing its new members ahead of a grand debut in South Korea, let us take a look at his net worth.

What is the net worth of Park Jin-young?

According to IMDb, the Korean pop singer-songwriter, actor and entrepreneur was born on 13 January 1972 in Seoul and reportedly attended Yonsei University. While Park started his career in a boy band, he soon ventured out as a solo artist and eventually climbed the ladders of the industry amid rivals like Big Hit Entertainment (now HYBE), SM Entertainment and YG Entertainment.

According to various media reports, JY Park has a net worth of around USD 250 million, as of 2022.

Park Jin-young: Career highlights, JYP Entertainment earnings and more

Park Jin-young started as a popular K-pop star

Park Jin-young net worth - music
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Before discovering famous musicians, who would go on to become international artists, Park Jin-young made waves on the stage. He began his music career in 1992 as part of the K-pop group Park Jin Young and the New Generation in South Korea. However, the three-member band did not attain much commercial success.

According to International Business Times, his solo debut album Blue City was released in 1994 and featured iconic tracks like “Don’t Leave Me”, “I Want To Ask You” and “My Girl”. The following year, he released his second studio album, Tantara, which was followed by Summer Jingle Bell in 1996. Post this, Park formed his entertainment company in 1997 and the rest is history.

However, the “I Am” singer did not lose his musical touch and continued to release albums — Even After 10 Years (1998), Kiss Me (1998), Game (2001) and Back To Stage (2007).

Throughout the 2000s and 2010s, JY Park produced music, which included mini albums, digital singles, and track collaborations. From Sad Freedom (2009) and Spring (2012) to his later records like “When We Disco” (2020), a duet with Sunmi, and “Groove Missing” (2022), featuring Gaeko, he knows how to own the space.

Park is known for his unique and star-studded social media challenges to promote his singles. Korea JoongAng Daily quotes a statement by JYP Entertainment that says although “Groove Missing” started as a TikTok song, which he released in October 2022, for his “Groove Back” challenge, it evolved into a full-length track after many people expressed their love for the music.

Additionally, Park’s fans continue to shower love and praise on him with the “Groove Back” video receiving over 6.6 million views on YouTube. He has successfully written and produced music for Will Smith, Mase and Cassie and is the first Asian producer to accomplish this feat, states an All Kpop report.

While the earnings from these albums and performances are not known, considering his influence and the kind of fame Park gained, it can be deduced that they helped propel his career and entrepreneurial journey, paving the way for a soaring net worth.

JYP Entertainment contributes heavily to Park Jin-young’s net worth

 

View this post on Instagram

 

A post shared by JYPnation (@jypentertainment)

Proudly calling itself a leader in entertainment, JYP Entertainment has gone beyond being just a record label and is a renowned talent-hunting and management agency in South Korea and beyond.

Having influenced the industry in its home ground since 1997, the company spread its wings and opened international subsidies — JYP USA, JYP Japan and JYP China. JYP Three Sixty is another JYP Entertainment venture which aims at expanding “the IP business to the platform business,” mentions its website.

According to a report by All Kpop, JYP Entertainment has a market capitalisation of around KRW 2.6 trillion or around USD 2.1 billion. With a shareholding of 15.22 per cent, Park is its highest shareholder and is followed by the National Pension Service with a 7.25 per cent holding.

In 2019, the Yonhap News Agency mentioned the overwhelming success of TWICE resulted in a brilliant outcome for JYP Entertainment. It made Park Jin-young the wealthiest person in South Korea, dethroning the owner of SM Entertainment, Lee Soo-man. The report stated the value of Park’s 17.8 per cent shares reached KRW 192.2 billion (around USD 169 million). It marked an increase of KRW 1.9 billion from the 2018 figures. Hence, there is no doubt that JYP Entertainment adds immensely to the net worth of Park Jin-young.

As its founder and co-CEO, Park is very much involved with the careers and reputation of its stars, who form the whole galaxy of JYP Nation. He attends K-pop auditions and even hosts shows to scout fresh talent.

 

View this post on Instagram

 

A post shared by Stray Kids (@realstraykids)

For instance, according to IBT, Stray Kids was created via a reality show collaboration between JYP Entertainment and Mnet. Park pre-selected a group of nine trainees, in a “trainees versus JYP” survival show concept. They performed self-made songs, and in the end, debuted as a full-fledged new boy group with two eliminated members being brought back. A similar process, called Sixteen, was followed during the creation of TWICE. Around half of the 16 trainees were eliminated and the final group of nine members became the famous K-pop girl band.

Park Jin-young is also known for maintaining a great work ethic and policies within the company, which makes him such a revered personality. In a 2019 video, while giving a tour of the new office building, the JYP boss revealed the company spends around KRW 2 billion on food.

“It’s not just the agency’s employees that eat here, but also our celebrities and, most importantly, our trainees,” he said.

He is also an actor

Park Jin-young net worth- actor
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Besides being a prolific K-pop artist and entrepreneurial star, Park Jin-young has also dipped his toes into the acting and producing segment. According to IMDb, Park made his acting debut with the television series Dream High (2011-2012). It also starred Doona! (2023) actress Bae Suzy and My Love From Another Star (2013-2014) actor Kim Soo–hyun.

He also appeared in The Producers (2015), Dream Knight (2015-2016), Queen of the Night (2013) and A Millionaire on the Run (2012). Park has worked on the soundtrack of Penguins of Madagascar (2014).

Such movies and acting titles have added to Park’s net worth and have made him relevant as not just a business mogul but also a creative head.

Personal life and autobiography

 

View this post on Instagram

 

A post shared by J.Y. Park (@asiansoul_jyp)

Although not much is known about his personal life, according to a report by Naver, Park married a non-celebrity in 2013 and is the father of two daughters. They often feature in his social media posts, which show the doting dad he is.

In 2020, Park spoke with Forbes about his plans for penning an autobiography. He said, “At first, I was thinking about having a writer write it so I sat down and did a bunch of interviews.”

“But I was shocked when I got it back because it didn’t feel like I even spoke in it…Being in front of a camera for 26 years, my fans even know how I talk. I erased everything and I typed every single letter in this book,” he added. On 11 August 2020, he released his book Live for What? detailing his journey, vision and aspirations.

Park Jin Young stays in a lavish home in Achiul

Park Jin-young net worth- house
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Located in the east of Seoul, Guri city’s Achiul town is known for its serenity and peaceful surroundings devoid of tall buildings. A small token of Park Jin-young’s net worth was spent on the luxurious house that he owns here. Estimated to be worth USD 450,000, it has a gym and a basketball court adjacent to it.

In a recent Instagram post, the Korean pop artist shared an image of the stunning wooden exterior with apricot trees in full bloom. However, not much is known about other details of the house, as Park likes to keep his private life out of the spotlight.

(Main and featured images: J.Y. Park/ @asiansoul_jyp/ Instagram)

Frequently Asked Questions (FAQs)

– How much is JYP Entertainment worth?

According to recent data by All Kpop, JYP Entertainment has a market capitalisation of KRW 2.6 trillion or about USD 2.1 billion.

– Who is Park Jin-Young’s wife?
Although details of his personal life are scant, JYP Entertainment founder Park Jin-young married his girlfriend, who is nine years younger than him in 2013. She is a non-celebrity.

– Who are the richest K-pop idols?
Some of the richest K-pop idols include Park Jin-young, PSY, G-Dragon, Rain, Taeyang, BTS’ V and Jin.

– Which Korean entertainment company is the richest?
According to All Kpop, HYBE is the richest entertainment company in South Korea with a market capitalisation of KRW 8.2 trillion or around USD 6.5 billion.

– What are the three biggest K-pop companies?
The top three biggest K-pop companies include HYBE, JYP Entertainment and SM Entertainment.

The post Park Jin-Young’s Net Worth: The Success Story of the JYP Entertainment Founder appeared first on Prestige Online - HongKong.

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Park Jin-young net worth

The South Korean entertainment industry has revolutionised the global pop scene and while the audience stans well-known K-pop idols, few know about the faces behind the largest talent companies establishing them. One of the pioneers of the industry, Park Jin-young is a noteworthy name and his colossal net worth and business empire are a testament to that.

Park, who goes by the stage name Jin Young Park and is better known as JY Park or JYP, is one of the richest K-pop celebrities. However, he is more famous as the founder of JYP Entertainment, one of the biggest talent management organisations in South Korea behind the success of ITZY, Wonder Girls, 2 AM, Suzy Bae of Miss A, Stray Kids, TWICE, GOT7 and the newly formed Japanese girl group NiziU.

JYP recently set social media ablaze after his performance at the 43rd Blue Dragon Film Awards ceremony on November 24, where he delivered a medley of songs including Eurythmics’ “Sweet Dreams” and A-Ha’s “Take On Me”. Sporting smoky eye makeup, he took the stage dressed in a white dress, which he later shed to reveal a purple lace jumpsuit before segueing into dramatic dance choreography.

The video quickly went viral online, thanks to the shocked and amused expressions on the audience’s faces. It also spawned TikTok clips of particularly hilarious moments in his performance.

@reallykwan well he never fails to shock us #jyp #kpop #exo #exol #nct #nctzen #txt #carat ♬ original sound – seunct

While some netizens mocked his flamboyant moves and occasionally off-key singing, many others applauded his confidence and unconventional style. His fellow celebrities have also weighed in on his performance, with some playfully joking about the audience reactions.

@sunghanbinna JYP IS A MEME I CANT TAKE HIM SERIOUSLY 😭😭😭 #jyp #parkjinyoung #awardshow #funny #reaction ‎⁦‪#BlueDragonFilmAwards2023‬⁩ #suzy #baesuzy #fyp #fypシ #kpop #kpopfyp #kpopfunny #kdramafyp #kdrama #meme #foryou #foryoupage #bluedragonawards #sunghanbin ♬ the psycho intro gone wrong ㅠㅠ – Arielle

Evidently, JYP knows what gets people talking. Dominating the music arena and giving a platform to rising artists — both Park Jin-young and JYP Entertainment have emerged as irrefutable brands. Naturally, his net worth, solo career and passion for creating his own music are awe-inspiring.

As Park Jin-young embarks on a new journey with NiziU introducing its new members ahead of a grand debut in South Korea, let us take a look at his net worth.

What is the net worth of Park Jin-young?

According to IMDb, the Korean pop singer-songwriter, actor and entrepreneur was born on 13 January 1972 in Seoul and reportedly attended Yonsei University. While Park started his career in a boy band, he soon ventured out as a solo artist and eventually climbed the ladders of the industry amid rivals like Big Hit Entertainment (now HYBE), SM Entertainment and YG Entertainment.

According to various media reports, JY Park has a net worth of around USD 250 million, as of 2022.

Park Jin-young: Career highlights, JYP Entertainment earnings and more

Park Jin-young started as a popular K-pop star

Park Jin-young net worth - music
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Before discovering famous musicians, who would go on to become international artists, Park Jin-young made waves on the stage. He began his music career in 1992 as part of the K-pop group Park Jin Young and the New Generation in South Korea. However, the three-member band did not attain much commercial success.

According to International Business Times, his solo debut album Blue City was released in 1994 and featured iconic tracks like “Don’t Leave Me”, “I Want To Ask You” and “My Girl”. The following year, he released his second studio album, Tantara, which was followed by Summer Jingle Bell in 1996. Post this, Park formed his entertainment company in 1997 and the rest is history.

However, the “I Am” singer did not lose his musical touch and continued to release albums — Even After 10 Years (1998), Kiss Me (1998), Game (2001) and Back To Stage (2007).

Throughout the 2000s and 2010s, JY Park produced music, which included mini albums, digital singles, and track collaborations. From Sad Freedom (2009) and Spring (2012) to his later records like “When We Disco” (2020), a duet with Sunmi, and “Groove Missing” (2022), featuring Gaeko, he knows how to own the space.

Park is known for his unique and star-studded social media challenges to promote his singles. Korea JoongAng Daily quotes a statement by JYP Entertainment that says although “Groove Missing” started as a TikTok song, which he released in October 2022, for his “Groove Back” challenge, it evolved into a full-length track after many people expressed their love for the music.

Additionally, Park’s fans continue to shower love and praise on him with the “Groove Back” video receiving over 6.6 million views on YouTube. He has successfully written and produced music for Will Smith, Mase and Cassie and is the first Asian producer to accomplish this feat, states an All Kpop report.

While the earnings from these albums and performances are not known, considering his influence and the kind of fame Park gained, it can be deduced that they helped propel his career and entrepreneurial journey, paving the way for a soaring net worth.

JYP Entertainment contributes heavily to Park Jin-young’s net worth

 

View this post on Instagram

 

A post shared by JYPnation (@jypentertainment)

Proudly calling itself a leader in entertainment, JYP Entertainment has gone beyond being just a record label and is a renowned talent-hunting and management agency in South Korea and beyond.

Having influenced the industry in its home ground since 1997, the company spread its wings and opened international subsidies — JYP USA, JYP Japan and JYP China. JYP Three Sixty is another JYP Entertainment venture which aims at expanding “the IP business to the platform business,” mentions its website.

According to a report by All Kpop, JYP Entertainment has a market capitalisation of around KRW 2.6 trillion or around USD 2.1 billion. With a shareholding of 15.22 per cent, Park is its highest shareholder and is followed by the National Pension Service with a 7.25 per cent holding.

In 2019, the Yonhap News Agency mentioned the overwhelming success of TWICE resulted in a brilliant outcome for JYP Entertainment. It made Park Jin-young the wealthiest person in South Korea, dethroning the owner of SM Entertainment, Lee Soo-man. The report stated the value of Park’s 17.8 per cent shares reached KRW 192.2 billion (around USD 169 million). It marked an increase of KRW 1.9 billion from the 2018 figures. Hence, there is no doubt that JYP Entertainment adds immensely to the net worth of Park Jin-young.

As its founder and co-CEO, Park is very much involved with the careers and reputation of its stars, who form the whole galaxy of JYP Nation. He attends K-pop auditions and even hosts shows to scout fresh talent.

 

View this post on Instagram

 

A post shared by Stray Kids (@realstraykids)

For instance, according to IBT, Stray Kids was created via a reality show collaboration between JYP Entertainment and Mnet. Park pre-selected a group of nine trainees, in a “trainees versus JYP” survival show concept. They performed self-made songs, and in the end, debuted as a full-fledged new boy group with two eliminated members being brought back. A similar process, called Sixteen, was followed during the creation of TWICE. Around half of the 16 trainees were eliminated and the final group of nine members became the famous K-pop girl band.

Park Jin-young is also known for maintaining a great work ethic and policies within the company, which makes him such a revered personality. In a 2019 video, while giving a tour of the new office building, the JYP boss revealed the company spends around KRW 2 billion on food.

“It’s not just the agency’s employees that eat here, but also our celebrities and, most importantly, our trainees,” he said.

He is also an actor

Park Jin-young net worth- actor
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Besides being a prolific K-pop artist and entrepreneurial star, Park Jin-young has also dipped his toes into the acting and producing segment. According to IMDb, Park made his acting debut with the television series Dream High (2011-2012). It also starred Doona! (2023) actress Bae Suzy and My Love From Another Star (2013-2014) actor Kim Soo–hyun.

He also appeared in The Producers (2015), Dream Knight (2015-2016), Queen of the Night (2013) and A Millionaire on the Run (2012). Park has worked on the soundtrack of Penguins of Madagascar (2014).

Such movies and acting titles have added to Park’s net worth and have made him relevant as not just a business mogul but also a creative head.

Personal life and autobiography

 

View this post on Instagram

 

A post shared by J.Y. Park (@asiansoul_jyp)

Although not much is known about his personal life, according to a report by Naver, Park married a non-celebrity in 2013 and is the father of two daughters. They often feature in his social media posts, which show the doting dad he is.

In 2020, Park spoke with Forbes about his plans for penning an autobiography. He said, “At first, I was thinking about having a writer write it so I sat down and did a bunch of interviews.”

“But I was shocked when I got it back because it didn’t feel like I even spoke in it…Being in front of a camera for 26 years, my fans even know how I talk. I erased everything and I typed every single letter in this book,” he added. On 11 August 2020, he released his book Live for What? detailing his journey, vision and aspirations.

Park Jin Young stays in a lavish home in Achiul

Park Jin-young net worth- house
Image credit: J.Y. Park/ @asiansoul_jyp/ Instagram

Located in the east of Seoul, Guri city’s Achiul town is known for its serenity and peaceful surroundings devoid of tall buildings. A small token of Park Jin-young’s net worth was spent on the luxurious house that he owns here. Estimated to be worth USD 450,000, it has a gym and a basketball court adjacent to it.

In a recent Instagram post, the Korean pop artist shared an image of the stunning wooden exterior with apricot trees in full bloom. However, not much is known about other details of the house, as Park likes to keep his private life out of the spotlight.

(Main and featured images: J.Y. Park/ @asiansoul_jyp/ Instagram)

Frequently Asked Questions (FAQs)

– How much is JYP Entertainment worth?

According to recent data by All Kpop, JYP Entertainment has a market capitalisation of KRW 2.6 trillion or about USD 2.1 billion.

– Who is Park Jin-Young’s wife?
Although details of his personal life are scant, JYP Entertainment founder Park Jin-young married his girlfriend, who is nine years younger than him in 2013. She is a non-celebrity.

– Who are the richest K-pop idols?
Some of the richest K-pop idols include Park Jin-young, PSY, G-Dragon, Rain, Taeyang, BTS’ V and Jin.

– Which Korean entertainment company is the richest?
According to All Kpop, HYBE is the richest entertainment company in South Korea with a market capitalisation of KRW 8.2 trillion or around USD 6.5 billion.

– What are the three biggest K-pop companies?
The top three biggest K-pop companies include HYBE, JYP Entertainment and SM Entertainment.

The post Park Jin-Young’s Net Worth: The Success Story of the JYP Entertainment Founder appeared first on Prestige Online - HongKong.

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Hong Kong’s Top Private Clubs and How to Register for a Membership https://www.prestigeonline.com/hk/lifestyle/wealth-management/coveted-memberships-to-have-in-hong-kong/ Sat, 18 Nov 2023 08:30:17 +0000 https://www.prestigeonline.com/hk/?p=291632

Picture yourself relaxing with a cocktail in hand at one of Hong Kong’s most exclusive clubs on a slow Wednesday afternoon. Doesn’t that sound like the perfect midweek break? This is how you can spend your time with these most sought-after private club memberships available in Hong Kong.

In the specific context of Hong Kong, there’s most likely nothing more luxurious than a coveted membership at the city’s most prestigious establishments. After all, this is a city that revels at the mention of anything exclusive or limited and basically anything reserved for only those in the know. It’s the enviable inner circle. On top of the VIP treatment and world-class facilities, these private clubs serve as a socialised space for like-minded connections and industry experts to gather. Some cater to guests belonging to a particular team or sport, and one is even dedicated to providing rejuvenating retreats for healing.

Whether you’re into sports, arts, a jet setter, or simply enjoy the finest things in life, a private club membership sounds about right. Luckily, Hong Kong has its fair share of options. Read on for our top picks of the best private clubs in Hong Kong.

These are the must-have private club memberships in Hong Kong

There’s glitz. There’s glamour. There’s opulence. Carlyle & Co., sits above Rosewood Hong Kong and takes inspiration from The Carlyle, a hotel under the Rosewood Hotel Group portfolio located in New York City. Here at the Victoria Dockside post, the vivacious energy of the East Coast establishment is infused into a sprawling 25,000 square-foot space that spans across three floors and 50 storeys above ground. The view of the ocean is unparalleled Eespecially from the Mediterranean-inspired outdoor terrace, which is one of the largest in the city.

A vibrant space designed for discovery and connection, each of the beautifully mid-century furnished rooms is a spot of inspiration. Spend afternoons in the library, stacked with over 2000 books or the music room fitted with 1000 vinyl records. Take a gander around the gallery of contemporary artwork hung across the expansive space or a stroll through the eight private suites, each designed to the style of a notable figure from The Carlyle’s past, including interior designer Dorothy Draper. It’s the home to the second chapter of Café Carlyle too, which is an exciting venue for live performances, including musical showcases and lively cabarets. It’s the place to be.

Address
Rosewood Hong Kong, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Hong Kong
Phone
+852 3891 8910
Opening hours
8 am to 11 pm (Sunday to Wednesday), 8 am to 12 am (Thursday to Saturday)
Membership fee
One-off joining fee of HKD 118,000 for regular membership, followed by monthly fees.

A place for the who’s who in town, particularly those in creative spaces, Soho House, and its impressive 24 locations on the international roster, is the ultimate members club to be spotted in. The 28-storey tower sits on an unglamorous stretch on Des Voeux Road West and is responsible for many of the city’s exclusive events, not to mention renowned for its dazzling décor that matches the young, effervescent energy of which the club recruits. Hidden amongst the decorative cracks are details that also reference the chapter’s Hong Kong home; including films and works of notable director Wong Kar-Wai and curated art pieces of home-grown names both established and emerging. 

One of the largest Soho House yet, and marking its first foray into Asia, the 120,000 square feet of space comes with a stunning wraparound view of Hong Kong Island, Victoria Harbour and Victoria Peak. Lots to see and much to do; hit your fitness goals at the Soho Active, three floors of gym space including a sauna and steam room before making your way down to Soho Works, nine floors worth of co-working spaces. An afternoon at the 1970s-inspired Pool Room fitted with rattan furniture, day beds and towering palm leaves.

Address
33 Des Voeux Road West, Sheung Wan, Hong Kong
Phone
+852 5803 8888
Opening hours
8 am to 12 am (Sunday to Thursday), 9 am to 2 am (Friday and Saturday)
Membership fee
One-off introduction fee of HKD 4,940 and monthly cost of HKD about 1,590.

3 /8

It’s all about wellness and rejuvenation at the Asaya, a wellness oasis hidden within Rosewood Hong Kong. It may not be of the same exclusive calibre as the others featured in this list, but it’s a destination centred around the same call for discovery, connection and community. The 40,000 square-foot space is a retreat of verdant greenery within the city, lit up with glass lanterns on winding stone paths and backed by the soothing soundtrack of trickling water displays.

It’s home to the Asaya Lodges, two standalone villas with customisable programs (in the private treatment room within) from yoga sessions to guided meditation. There’s a 25-metre outdoor swimming pool overlooking the iconic Victoria Harbour view; a 24-hour fitness centre; and an extensive range of regenerative programs with skin therapy to genetic assessments and workshops with resident specialists from expressive arts therapy, bodywork and nutritionists.

Address
6/F, 18 Salisbury Road, Victoria Dockside, Tsim Sha Tsui, Hong Kong
Phone
+852 3891 8588
Opening hours
11 am to 10 pm daily
Membership fee
Fitness-focused memberships are available for 3 months (HKD 18,000), 6 months (HKD 33,000) and 12 months (HKD 60,000). Other membership fees are available by request.

The one that started it all, what a luxury it would be to even be associated with The Hong Kong Club, or as frequenters endearingly refer to as “The Club”. An exclusive luxury in itself, really. The 1846-founded private members’ club is the place where the city’s most influential rub shoulders and the elite discuss business over perfectly chilled flutes of notable vintages. A towering 25-storey colonial-style building — think deep oaks, red-carpeted spiral staircases, Chesterfield sofas and luxurious leather-backed armchairs — houses an extensive range of sports and leisure facilities from a library with over 5,000 books, a ladies lounge, a card room for light daytime games with a cup of tea? Along with squash courts and a billiards room. Prim, proper and all kinds of fancy. Leave your top hat and tulle-lined millinery at the door before entering, please.

Address
1 Jackson Road, Central, Hong Kong
Phone
+852 2978 9500
Opening hours
7 am to 12 am daily
Membership fee
It’s a secret! But you’re able to enquire directly if you’re interested in joining.

There’s no need to chatter about the Jockey Club. It’s known, loved and favourited. A choice club for many of the city’s urbanites. It’s more than just race bets and good box seats looking over the course here. Between the three different locations and two racecourses across the city, there’s lots to enjoy and experience. 

The unveiling of the new extension of the Happy Valley chapter, The Hilltop in the Valley, has given much for this long-standing club to talk — and be talked — about. Adding on to the monument structure, the freshly built 12-story building spans across over 500,000 square feet of space and is home to a brand new rota of restaurants, a range of sports facilities including a rooftop tennis course and a six-lane swimming pool, a bowling alley, a performance arena, along with horse stables for guided lessons.

Address
Various locations across Hong Kong including Happy Valley and Sha Tin
Opening hours
Varies per location
Membership fee
Interested parties can apply to be a member but corporate invitation is by invitation only. The racing membership fee is HKD 150,000 with monthly fees of HKD 850. Full membership costs HKD 850,000 and a monthly fee of HKD 2,550.

There are clubs you talk about and hear about often. Then there are those you see and read about. The China Club is most probably not one of them, their lack of a social presence notwithstanding. Established by its just-as-elusive late founder, David Tang, the intimate space of just three floors is tucked amongst towering skyscrapers at the heart of Central in the Old Bank of China building. It’s a photogenic snapshot of a 1930s-inspired old Shanghainese tea house, steeped in historic elegance with an unmistakable air of old-world sophistication.

There’s a striking art deco staircase that winds down towards the main foyer, a Bosendorfer grand piano statued in the corner of the dining room, a converted library room and black and white photographs that collage the crown-moulded walls. It may not be a long list of new-and-newer amenities that impress here, but rather honest Cantonese fare and thoughtfully attentive details like original art and heritage antiques that preserve the graceful ambience.

Image credit: The-China-Club/Facebook

Address
13-14/F, Old Bank of China Building, Bank Street, Central, Hong Kong
Phone
+852 2521 8888
Opening hours
7:30 am to 12 am daily, closed on Sundays
Membership fee
Ranges from HKD 120,000 to 150,000

Because The Aberdeen Marina Club is managed by the Shangri-La group, you’ll be able to find a similar vibe and atmosphere as that of a five-star hotel. We can’t emphasise enough on how it’s a truly well-equipped club. It is home to seven restaurants, indoor and outdoor swimming pools, a bowling alley, a fitness centre, a beauty salon, and even an ice rink and… so many more that we can’t possibly list them all. One of the club’s highlights though is its fully serviced marina to park your yacht—if you happen to own one! The club covers an area of more than 550,000 square feet and has almost 4,000 members. For the ultimate exclusivity, the club is only open to members by invitation only.

Address
8 Shum Wan Road, Wong Chuk Hang, Hong Kong
Phone
+852 2555 8321
Opening hours
7 am to 10 pm daily
Membership fee
Individual membership fees range from 2,000,000 to 5,000,000 with a monthly fee of about HKD 2,990 to HKD 3,000.

Whale Club is the place to be for those seeking the finer things in life with a particular taste. It’s the ultimate playground for connoisseurs of wine and cigars. Right from its discreet entrance, the private club already shows its colours: sophisticated, moody, and playful. Members will love the aesthetics, from its stunning staircase to spacious wine cellar, and bronze-finish wallcoverings. There are three VIP rooms, each with lounge areas. The highlight is the Cigar Tasting Room, perfect for those with a distinct affinity for cigars. The secluded cigar room features private cigar lockers for members only, complete with thermostatic and humidity control. Members also get access to exclusive art viewings and culinary tastings. Food, wine, cigars, art… what more can you ask for?

Address
G/F, 1/F, 29 Lyndhurst Terrace, Central, Hong Kong
Phone
+852 6020 8873
Opening hours
2:30 pm to 12 am (Monday and Tuesday), 12 pm to 12 am (Wednesday to Friday), 2:30 pm to 2 am (Saturday), closed on Sundays
Membership fee
Get in touch directly with the Whale Club.

The post Hong Kong’s Top Private Clubs and How to Register for a Membership appeared first on Prestige Online - HongKong.

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Picture yourself relaxing with a cocktail in hand at one of Hong Kong’s most exclusive clubs on a slow Wednesday afternoon. Doesn’t that sound like the perfect midweek break? This is how you can spend your time with these most sought-after private club memberships available in Hong Kong.

In the specific context of Hong Kong, there’s most likely nothing more luxurious than a coveted membership at the city’s most prestigious establishments. After all, this is a city that revels at the mention of anything exclusive or limited and basically anything reserved for only those in the know. It’s the enviable inner circle. On top of the VIP treatment and world-class facilities, these private clubs serve as a socialised space for like-minded connections and industry experts to gather. Some cater to guests belonging to a particular team or sport, and one is even dedicated to providing rejuvenating retreats for healing.

Whether you’re into sports, arts, a jet setter, or simply enjoy the finest things in life, a private club membership sounds about right. Luckily, Hong Kong has its fair share of options. Read on for our top picks of the best private clubs in Hong Kong.

These are the must-have private club memberships in Hong Kong

There’s glitz. There’s glamour. There’s opulence. Carlyle & Co., sits above Rosewood Hong Kong and takes inspiration from The Carlyle, a hotel under the Rosewood Hotel Group portfolio located in New York City. Here at the Victoria Dockside post, the vivacious energy of the East Coast establishment is infused into a sprawling 25,000 square-foot space that spans across three floors and 50 storeys above ground. The view of the ocean is unparalleled Eespecially from the Mediterranean-inspired outdoor terrace, which is one of the largest in the city.

A vibrant space designed for discovery and connection, each of the beautifully mid-century furnished rooms is a spot of inspiration. Spend afternoons in the library, stacked with over 2000 books or the music room fitted with 1000 vinyl records. Take a gander around the gallery of contemporary artwork hung across the expansive space or a stroll through the eight private suites, each designed to the style of a notable figure from The Carlyle’s past, including interior designer Dorothy Draper. It’s the home to the second chapter of Café Carlyle too, which is an exciting venue for live performances, including musical showcases and lively cabarets. It’s the place to be.

Address
Rosewood Hong Kong, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Hong Kong
Phone
+852 3891 8910
Opening hours
8 am to 11 pm (Sunday to Wednesday), 8 am to 12 am (Thursday to Saturday)
Membership fee
One-off joining fee of HKD 118,000 for regular membership, followed by monthly fees.

2 /8

A place for the who’s who in town, particularly those in creative spaces, Soho House, and its impressive 24 locations on the international roster, is the ultimate members club to be spotted in. The 28-storey tower sits on an unglamorous stretch on Des Voeux Road West and is responsible for many of the city’s exclusive events, not to mention renowned for its dazzling décor that matches the young, effervescent energy of which the club recruits. Hidden amongst the decorative cracks are details that also reference the chapter’s Hong Kong home; including films and works of notable director Wong Kar-Wai and curated art pieces of home-grown names both established and emerging. 

One of the largest Soho House yet, and marking its first foray into Asia, the 120,000 square feet of space comes with a stunning wraparound view of Hong Kong Island, Victoria Harbour and Victoria Peak. Lots to see and much to do; hit your fitness goals at the Soho Active, three floors of gym space including a sauna and steam room before making your way down to Soho Works, nine floors worth of co-working spaces. An afternoon at the 1970s-inspired Pool Room fitted with rattan furniture, day beds and towering palm leaves.

Address
33 Des Voeux Road West, Sheung Wan, Hong Kong
Phone
+852 5803 8888
Opening hours
8 am to 12 am (Sunday to Thursday), 9 am to 2 am (Friday and Saturday)
Membership fee
One-off introduction fee of HKD 4,940 and monthly cost of HKD about 1,590.

3 /8

It’s all about wellness and rejuvenation at the Asaya, a wellness oasis hidden within Rosewood Hong Kong. It may not be of the same exclusive calibre as the others featured in this list, but it’s a destination centred around the same call for discovery, connection and community. The 40,000 square-foot space is a retreat of verdant greenery within the city, lit up with glass lanterns on winding stone paths and backed by the soothing soundtrack of trickling water displays.

It’s home to the Asaya Lodges, two standalone villas with customisable programs (in the private treatment room within) from yoga sessions to guided meditation. There’s a 25-metre outdoor swimming pool overlooking the iconic Victoria Harbour view; a 24-hour fitness centre; and an extensive range of regenerative programs with skin therapy to genetic assessments and workshops with resident specialists from expressive arts therapy, bodywork and nutritionists.

Address
6/F, 18 Salisbury Road, Victoria Dockside, Tsim Sha Tsui, Hong Kong
Phone
+852 3891 8588
Opening hours
11 am to 10 pm daily
Membership fee
Fitness-focused memberships are available for 3 months (HKD 18,000), 6 months (HKD 33,000) and 12 months (HKD 60,000). Other membership fees are available by request.

The one that started it all, what a luxury it would be to even be associated with The Hong Kong Club, or as frequenters endearingly refer to as “The Club”. An exclusive luxury in itself, really. The 1846-founded private members’ club is the place where the city’s most influential rub shoulders and the elite discuss business over perfectly chilled flutes of notable vintages. A towering 25-storey colonial-style building — think deep oaks, red-carpeted spiral staircases, Chesterfield sofas and luxurious leather-backed armchairs — houses an extensive range of sports and leisure facilities from a library with over 5,000 books, a ladies lounge, a card room for light daytime games with a cup of tea? Along with squash courts and a billiards room. Prim, proper and all kinds of fancy. Leave your top hat and tulle-lined millinery at the door before entering, please.

Address
1 Jackson Road, Central, Hong Kong
Phone
+852 2978 9500
Opening hours
7 am to 12 am daily
Membership fee
It’s a secret! But you’re able to enquire directly if you’re interested in joining.

There’s no need to chatter about the Jockey Club. It’s known, loved and favourited. A choice club for many of the city’s urbanites. It’s more than just race bets and good box seats looking over the course here. Between the three different locations and two racecourses across the city, there’s lots to enjoy and experience. 

The unveiling of the new extension of the Happy Valley chapter, The Hilltop in the Valley, has given much for this long-standing club to talk — and be talked — about. Adding on to the monument structure, the freshly built 12-story building spans across over 500,000 square feet of space and is home to a brand new rota of restaurants, a range of sports facilities including a rooftop tennis course and a six-lane swimming pool, a bowling alley, a performance arena, along with horse stables for guided lessons.

Address
Various locations across Hong Kong including Happy Valley and Sha Tin
Opening hours
Varies per location
Membership fee
Interested parties can apply to be a member but corporate invitation is by invitation only. The racing membership fee is HKD 150,000 with monthly fees of HKD 850. Full membership costs HKD 850,000 and a monthly fee of HKD 2,550.

There are clubs you talk about and hear about often. Then there are those you see and read about. The China Club is most probably not one of them, their lack of a social presence notwithstanding. Established by its just-as-elusive late founder, David Tang, the intimate space of just three floors is tucked amongst towering skyscrapers at the heart of Central in the Old Bank of China building. It’s a photogenic snapshot of a 1930s-inspired old Shanghainese tea house, steeped in historic elegance with an unmistakable air of old-world sophistication.

There’s a striking art deco staircase that winds down towards the main foyer, a Bosendorfer grand piano statued in the corner of the dining room, a converted library room and black and white photographs that collage the crown-moulded walls. It may not be a long list of new-and-newer amenities that impress here, but rather honest Cantonese fare and thoughtfully attentive details like original art and heritage antiques that preserve the graceful ambience.

Image credit: The-China-Club/Facebook

Address
13-14/F, Old Bank of China Building, Bank Street, Central, Hong Kong
Phone
+852 2521 8888
Opening hours
7:30 am to 12 am daily, closed on Sundays
Membership fee
Ranges from HKD 120,000 to 150,000

Because The Aberdeen Marina Club is managed by the Shangri-La group, you’ll be able to find a similar vibe and atmosphere as that of a five-star hotel. We can’t emphasise enough on how it’s a truly well-equipped club. It is home to seven restaurants, indoor and outdoor swimming pools, a bowling alley, a fitness centre, a beauty salon, and even an ice rink and… so many more that we can’t possibly list them all. One of the club’s highlights though is its fully serviced marina to park your yacht—if you happen to own one! The club covers an area of more than 550,000 square feet and has almost 4,000 members. For the ultimate exclusivity, the club is only open to members by invitation only.

Address
8 Shum Wan Road, Wong Chuk Hang, Hong Kong
Phone
+852 2555 8321
Opening hours
7 am to 10 pm daily
Membership fee
Individual membership fees range from 2,000,000 to 5,000,000 with a monthly fee of about HKD 2,990 to HKD 3,000.

8 /8

Whale Club is the place to be for those seeking the finer things in life with a particular taste. It’s the ultimate playground for connoisseurs of wine and cigars. Right from its discreet entrance, the private club already shows its colours: sophisticated, moody, and playful. Members will love the aesthetics, from its stunning staircase to spacious wine cellar, and bronze-finish wallcoverings. There are three VIP rooms, each with lounge areas. The highlight is the Cigar Tasting Room, perfect for those with a distinct affinity for cigars. The secluded cigar room features private cigar lockers for members only, complete with thermostatic and humidity control. Members also get access to exclusive art viewings and culinary tastings. Food, wine, cigars, art… what more can you ask for?

Address
G/F, 1/F, 29 Lyndhurst Terrace, Central, Hong Kong
Phone
+852 6020 8873
Opening hours
2:30 pm to 12 am (Monday and Tuesday), 12 pm to 12 am (Wednesday to Friday), 2:30 pm to 2 am (Saturday), closed on Sundays
Membership fee
Get in touch directly with the Whale Club.

The post Hong Kong’s Top Private Clubs and How to Register for a Membership appeared first on Prestige Online - HongKong.

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Jean Arnault: Net Worth and Other Things to Know About the LVMH Scion https://www.prestigeonline.com/hk/people/profiles/jean-arnault-net-worth-and-other-things-to-know-about-the-lvmh-scion/ Thu, 09 Nov 2023 08:00:01 +0000 https://www.prestigeonline.com/hk/?p=290681 Jean Arnault

In the world of luxury fashion and high-end brands, only a few names shine as brightly as LVMH (Louis Vuitton Moët Hennessy). The conglomerate, led by the charismatic Bernard Arnault, boasts a portfolio of prestigious labels that have graced the runways of Paris, adorned the wardrobes of the well-heeled, and symbolised the epitome of elegance for decades. Now, in 2023, a new star is rising within the LVMH constellation, and his name is Jean Arnault.

Introducing the Arnault family

Jean Arnault
The Arnault family, led by patriarch Bernard Arnault, is the driving force behind the renowned LVMH conglomerate, shaping the world of luxury fashion and lifestyle. (Image credit: @f_arnault/X)

Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy (LVMH) and the world’s second-richest person, has seen his wealth soar beyond the USD 173 billion mark. His journey began in the 1980s when he co-founded LVMH, positioning it as a global powerhouse in luxury goods.

Under his leadership, LVMH has acquired an impressive portfolio of renowned brands, ranging from fashion and perfume to jewellery, watches, and alcohol. With his vision and business acumen, Bernard Arnault has played a pivotal role in shaping the modern luxe landscape, making him one of the wealthiest individuals in the world and an iconic figure in the industry. While his financial success is well-known, what’s equally fascinating is how his family members have become integral parts of his empire.

Bernard Arnault
Bernard Arnault. the visionary behind the massive luxury French conglomerate LVMH. (Image credit: Wikipedia)

Bernard Arnault’s influence extends beyond his role as LVMH’s CEO and chairman. In 1991, he wed Hélène Mercier, a Canadian concert pianist. Together, they have three sons: Alexandre, Frédéric, and Jean Arnault. All five of their children hold official roles in brands overseen by Arnault. Delphine assumed the role of CEO at Dior in February ‘23, while his son Frédéric, who’s only 25, was named CEO of Tag Heuer earlier in 2020.

Meet Jean Arnault: The Youngest Arnault Leading Louis Vuitton Watches

Jean Arnault
Jean Arnault, the youngest son of Bernard Arnault, leads Louis Vuitton’s watch division and is ushering in significant industry changes. (Image credit: LVMH)

Among Bernard Arnault’s five children, Jean Arnault stands out as the youngest, and he has embraced a key role under the LVMH umbrella. Jean joined LVMH right after completing his education and brings a unique blend of qualifications to the table. He holds master’s degrees in financial mathematics from the Massachusetts Institute of Technology (MIT) and mechanical engineering from Imperial College London.

Jean Arnault’s journey to his current position was not solely influenced by his family’s status. As a student, he gained valuable experience through internships at prestigious institutions like Morgan Stanley and McLaren Racing. He even worked briefly at a Louis Vuitton retail store in Paris, indicating his desire to learn the business from the ground up.

At the age of 23, Jean became the marketing and development director of Louis Vuitton’s watch division just months after graduating. This position allowed him to work closely with Louis Vuitton’s watchmaking team and immerse himself in the world of horology. Today, he holds the distinguished title of the brand’s watches director, overseeing Louis Vuitton’s watch offerings.

LVMH’S Jean Arnault is merely 24, and he’s already experiencing a remarkable, noteworthy journey. Having grown up amidst opulence, he witnessed the inner workings of the fashion world from an early age. His education, however, was no easy ride on his father’s coattails. Jean studied finance and management at a prestigious university, gaining the knowledge and skills necessary to take on a substantial role within the LVMH conglomerate. While it’s easy to assume that a scion of one of the world’s most influential fashion empires would rest on his laurels, Jean Arnault is proving himself to be an independent and driven force in the fashion industry.

Jean’s vision for LVMH extends beyond the established brands and into the digital realm, where he is spearheading innovative approaches to marketing and e-commerce. Under his watchful eye, brands like Fenty, Givenchy, and Dior have continued to flourish, pushing the boundaries of haute couture and ready-to-wear fashion.

Curious about how this 24-year-old scion spends his downtime when not immersed in the world of entrepreneurship? Don’t let the media’s portrayal of him as a pampered nepo kid fool you. LVMH’s Jean Arnault can be found sharing snapshots of his life on Instagram. There, he showcases his affection for his girlfriend, Zita d’Hauteville, whose father, Eric d’Hauteville, is both a French count and a watch brand owner. Beyond that, Jean reveals his love for animals, evident from his furry little companion that often graces his feed.

Jean Arnault: A New-Age Decision Maker Rewriting the Rules

In just a year since Jean Arnault took the helm as Louis Vuitton’s watch director, he has made a significant impact through daring moves and bold decisions. Notably, he’s breathed new life into two revered independent watch brands, Gerald Genta and Daniel Roth. He has also orchestrated a major shake-up of Louis Vuitton’s timepiece collection, with plans to discontinue a staggering 80% of the product lineup.

Additionally, Jean has established the Louis Vuitton Watch Prize, an initiative designed to foster the growth of emerging independent watchmakers. This fund serves as a testament to his dedication to nurturing talent within the watchmaking industry, emphasising his commitment to the next generation of horological artisans.

 

What truly sets the 25-year-old apart is his ambitious, unconventional approach to the industry. Consider his handling of Louis Vuitton’s high-profile Tambour watch. It’s a flawless blend of sports and luxury, earning praise from horological experts worldwide. Yet, the lesser-known detail is that each Tambour is meticulously assembled by a single watchmaker, a practice typically reserved for haute horlogerie pieces. Arnault’s vision extends this artisanal approach to all timepieces bearing the Louis Vuitton name, marking him as the new-age Arnault who is unafraid to take risks and rewrite the rules.

Jean Arnault’s interest in watchmaking was not merely a result of his family’s involvement in the luxury industry. He attributes his passion for horology to his older brother, Frédéric, who was already making waves as the CEO of Tag Heuer. Inspired by his brother’s work, Jean decided to dive into the world of timepieces.

Bernard and Jean Arnault’s Dazzling Net Worth

In the dynamic world of wealth rankings, Bernard Arnault achieved a remarkable feat by becoming the world’s wealthiest person, a distinction he claimed in late 2022. This ascent to the top of the financial ladder came as he surpassed the tech magnate Elon Musk during a period of turbulence in the tech stock market, characterised by concerns about inflation. While his reign as the world’s richest person was relatively brief, he remained in the top two positions without dipping lower than second place since October 2022.

As the global economy experiences fluctuations and shifts, the wealth of individuals tied to luxury industries often mirrors these trends. In October 2023, Bernard Arnault faced a temporary decline in his financial standing, as a selloff in luxury stocks took a toll on his net worth. This dip led to his slip from the second-richest person globally, a position he had held for quite some time. His net worth witnessed a decrease of USD 6.8 billion, resulting in his wealth resting at USD 155.1 billion. This placed him just below the esteemed Jeff Bezos, the founder of Amazon.com Inc., whose net worth stood at USD 156.3 billion, according to the Bloomberg Billionaires Index.

As of September 2023, Bernard Arnault’s net worth reportedly makes him one of the richest people in Europe, with a fortune of approximately USD 186 billion. The French luxury conglomerate LVMH boasts ownership of numerous prestigious brands in various sectors, including fashion, perfume, jewellery, watches, and alcohol. Some of the notable names in the LVMH portfolio include Marc Jacobs, Givenchy, Moët & Chandon, Fenty Beauty, Tiffany & Co., Dior, and many more.

Jean Arnault’s financial acumen is remarkable. As one of the heirs to the LVMH empire, his personal net worth remains unconfirmed, but it has consistently increased over the years, primarily due to the outstanding performance of LVMH’s brand portfolio. With LVMH’s vast array of brands, Jean’s contributions have played a pivotal role in the ongoing financial success of the conglomerate. His profound expertise in financial strategies and a deep understanding of market trends have firmly established him as a key figure within the LVMH group.

The cornerstone of the Arnault family’s wealth is their controlling stake in LVMH Moët Hennessy – Louis Vuitton. They possess an impressive 48.4% ownership of the company’s shares. This controlling interest is held through a range of entities, including Christian Dior, Tiffany & Co, and Férinel. While their control of LVMH is not absolute, the Arnault family wields significant influence over the company’s direction. Their sizeable stake allows them to shape key decisions, such as mergers and acquisitions, crucial in steering the world’s largest luxury goods conglomerate.

Christian Dior: A Fashion Powerhouse

The Arnault family’s relationship with Christian Dior is profound. Through their holding company, Groupe Familial Arnault, they maintain a controlling stake of 97.5% in Christian Dior, the prestigious luxury fashion house. Furthermore, Christian Dior holds a 41.4% stake in LVMH, amplifying the Arnault family’s indirect ownership of 17.4% of LVMH.

This intricate web of ownership enables the Arnault family to play a pivotal role in the fashion and luxury world. Bernard Arnault’s acquisition of Christian Dior’s various divisions in 2017 paved the way for exceptional growth, resulting in record sales of €42.6 billion in 2017, a remarkable 13% increase over the previous year. In the same year, the net profit soared by 29%. As of March 2023, the Arnault family’s stake in Christian Dior is estimated at a staggering USD 130 billion, solidifying their position as one of the largest shareholders in LVMH.

Férinel: Construction and Luxury Synergy

The Arnault family also holds a 50.01% stake in the French construction company Férinel. Established in 1965 by Bernard Arnault’s father, Jean Léon Arnault, Férinel specialises in providing construction services for the luxury goods industry. With a strong presence in France, Belgium, the Netherlands, and the United States, the company counts industry giants like LVMH, Christian Dior, and Hermès among its clients. Férinel’s notable track record of growth and profitability is evident through its 2022 financials, where it achieved a revenue of €1.5 billion and a net profit of €100 million. The Arnault family’s stake in Férinel holds an estimated value of approximately €750 million.

Tiffany & Co.: A Strategic Luxury Addition

In 2019, the Arnault family made a strategic move by acquiring a 9% stake in the American luxury goods company Tiffany & Co., valued at USD 16.2 billion. This acquisition was executed through their holding company, LVMH Moët Hennessy – Louis Vuitton, reflecting their expansion into the iconic American luxury market. Tiffany & Co., renowned for its presence in the United States and Asia, offers the Arnault family a valuable foothold in these lucrative regions. This move aligns with their ambition to expand their luxury goods portfolio and further solidify their influence in the global luxury industry.

Jean Arnault: Fashioning a Legacy

As LVMH’s Jean Arnault continues to ascend the ranks of the fashion and luxury industry, the expectations for his future contributions are high. His ability to navigate the evolving landscape of luxury brands while preserving the heritage of the conglomerate is a testament to his skill and vision. The story of Jean is not merely one of wealth, but a tale of a scion who is defining his own destiny and shaping the future of an iconic empire.

Under the leadership of the Arnault name, LVMH continues to shine as a symbol of creativity, innovation, and elegance in the fashion world. Jean Arnault is undeniably a rising star in this realm. As we eagerly anticipate the next chapter in this fashion saga, it’s abundantly clear that the future holds great promise for both Jean Arnault and the LVMH dynasty.

(Main and featured images: Louis Vuitton and Rindoff Petroff/Hekimian, via Getty Images)

The post Jean Arnault: Net Worth and Other Things to Know About the LVMH Scion appeared first on Prestige Online - HongKong.

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Jean Arnault

In the world of luxury fashion and high-end brands, only a few names shine as brightly as LVMH (Louis Vuitton Moët Hennessy). The conglomerate, led by the charismatic Bernard Arnault, boasts a portfolio of prestigious labels that have graced the runways of Paris, adorned the wardrobes of the well-heeled, and symbolised the epitome of elegance for decades. Now, in 2023, a new star is rising within the LVMH constellation, and his name is Jean Arnault.

Introducing the Arnault family

Jean Arnault
The Arnault family, led by patriarch Bernard Arnault, is the driving force behind the renowned LVMH conglomerate, shaping the world of luxury fashion and lifestyle. (Image credit: @f_arnault/X)

Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy (LVMH) and the world’s second-richest person, has seen his wealth soar beyond the USD 173 billion mark. His journey began in the 1980s when he co-founded LVMH, positioning it as a global powerhouse in luxury goods.

Under his leadership, LVMH has acquired an impressive portfolio of renowned brands, ranging from fashion and perfume to jewellery, watches, and alcohol. With his vision and business acumen, Bernard Arnault has played a pivotal role in shaping the modern luxe landscape, making him one of the wealthiest individuals in the world and an iconic figure in the industry. While his financial success is well-known, what’s equally fascinating is how his family members have become integral parts of his empire.

Bernard Arnault
Bernard Arnault. the visionary behind the massive luxury French conglomerate LVMH. (Image credit: Wikipedia)

Bernard Arnault’s influence extends beyond his role as LVMH’s CEO and chairman. In 1991, he wed Hélène Mercier, a Canadian concert pianist. Together, they have three sons: Alexandre, Frédéric, and Jean Arnault. All five of their children hold official roles in brands overseen by Arnault. Delphine assumed the role of CEO at Dior in February ‘23, while his son Frédéric, who’s only 25, was named CEO of Tag Heuer earlier in 2020.

Meet Jean Arnault: The Youngest Arnault Leading Louis Vuitton Watches

Jean Arnault
Jean Arnault, the youngest son of Bernard Arnault, leads Louis Vuitton’s watch division and is ushering in significant industry changes. (Image credit: LVMH)

Among Bernard Arnault’s five children, Jean Arnault stands out as the youngest, and he has embraced a key role under the LVMH umbrella. Jean joined LVMH right after completing his education and brings a unique blend of qualifications to the table. He holds master’s degrees in financial mathematics from the Massachusetts Institute of Technology (MIT) and mechanical engineering from Imperial College London.

Jean Arnault’s journey to his current position was not solely influenced by his family’s status. As a student, he gained valuable experience through internships at prestigious institutions like Morgan Stanley and McLaren Racing. He even worked briefly at a Louis Vuitton retail store in Paris, indicating his desire to learn the business from the ground up.

At the age of 23, Jean became the marketing and development director of Louis Vuitton’s watch division just months after graduating. This position allowed him to work closely with Louis Vuitton’s watchmaking team and immerse himself in the world of horology. Today, he holds the distinguished title of the brand’s watches director, overseeing Louis Vuitton’s watch offerings.

LVMH’S Jean Arnault is merely 24, and he’s already experiencing a remarkable, noteworthy journey. Having grown up amidst opulence, he witnessed the inner workings of the fashion world from an early age. His education, however, was no easy ride on his father’s coattails. Jean studied finance and management at a prestigious university, gaining the knowledge and skills necessary to take on a substantial role within the LVMH conglomerate. While it’s easy to assume that a scion of one of the world’s most influential fashion empires would rest on his laurels, Jean Arnault is proving himself to be an independent and driven force in the fashion industry.

Jean’s vision for LVMH extends beyond the established brands and into the digital realm, where he is spearheading innovative approaches to marketing and e-commerce. Under his watchful eye, brands like Fenty, Givenchy, and Dior have continued to flourish, pushing the boundaries of haute couture and ready-to-wear fashion.

Curious about how this 24-year-old scion spends his downtime when not immersed in the world of entrepreneurship? Don’t let the media’s portrayal of him as a pampered nepo kid fool you. LVMH’s Jean Arnault can be found sharing snapshots of his life on Instagram. There, he showcases his affection for his girlfriend, Zita d’Hauteville, whose father, Eric d’Hauteville, is both a French count and a watch brand owner. Beyond that, Jean reveals his love for animals, evident from his furry little companion that often graces his feed.

Jean Arnault: A New-Age Decision Maker Rewriting the Rules

In just a year since Jean Arnault took the helm as Louis Vuitton’s watch director, he has made a significant impact through daring moves and bold decisions. Notably, he’s breathed new life into two revered independent watch brands, Gerald Genta and Daniel Roth. He has also orchestrated a major shake-up of Louis Vuitton’s timepiece collection, with plans to discontinue a staggering 80% of the product lineup.

Additionally, Jean has established the Louis Vuitton Watch Prize, an initiative designed to foster the growth of emerging independent watchmakers. This fund serves as a testament to his dedication to nurturing talent within the watchmaking industry, emphasising his commitment to the next generation of horological artisans.

 

What truly sets the 25-year-old apart is his ambitious, unconventional approach to the industry. Consider his handling of Louis Vuitton’s high-profile Tambour watch. It’s a flawless blend of sports and luxury, earning praise from horological experts worldwide. Yet, the lesser-known detail is that each Tambour is meticulously assembled by a single watchmaker, a practice typically reserved for haute horlogerie pieces. Arnault’s vision extends this artisanal approach to all timepieces bearing the Louis Vuitton name, marking him as the new-age Arnault who is unafraid to take risks and rewrite the rules.

Jean Arnault’s interest in watchmaking was not merely a result of his family’s involvement in the luxury industry. He attributes his passion for horology to his older brother, Frédéric, who was already making waves as the CEO of Tag Heuer. Inspired by his brother’s work, Jean decided to dive into the world of timepieces.

Bernard and Jean Arnault’s Dazzling Net Worth

In the dynamic world of wealth rankings, Bernard Arnault achieved a remarkable feat by becoming the world’s wealthiest person, a distinction he claimed in late 2022. This ascent to the top of the financial ladder came as he surpassed the tech magnate Elon Musk during a period of turbulence in the tech stock market, characterised by concerns about inflation. While his reign as the world’s richest person was relatively brief, he remained in the top two positions without dipping lower than second place since October 2022.

As the global economy experiences fluctuations and shifts, the wealth of individuals tied to luxury industries often mirrors these trends. In October 2023, Bernard Arnault faced a temporary decline in his financial standing, as a selloff in luxury stocks took a toll on his net worth. This dip led to his slip from the second-richest person globally, a position he had held for quite some time. His net worth witnessed a decrease of USD 6.8 billion, resulting in his wealth resting at USD 155.1 billion. This placed him just below the esteemed Jeff Bezos, the founder of Amazon.com Inc., whose net worth stood at USD 156.3 billion, according to the Bloomberg Billionaires Index.

As of September 2023, Bernard Arnault’s net worth reportedly makes him one of the richest people in Europe, with a fortune of approximately USD 186 billion. The French luxury conglomerate LVMH boasts ownership of numerous prestigious brands in various sectors, including fashion, perfume, jewellery, watches, and alcohol. Some of the notable names in the LVMH portfolio include Marc Jacobs, Givenchy, Moët & Chandon, Fenty Beauty, Tiffany & Co., Dior, and many more.

Jean Arnault’s financial acumen is remarkable. As one of the heirs to the LVMH empire, his personal net worth remains unconfirmed, but it has consistently increased over the years, primarily due to the outstanding performance of LVMH’s brand portfolio. With LVMH’s vast array of brands, Jean’s contributions have played a pivotal role in the ongoing financial success of the conglomerate. His profound expertise in financial strategies and a deep understanding of market trends have firmly established him as a key figure within the LVMH group.

The cornerstone of the Arnault family’s wealth is their controlling stake in LVMH Moët Hennessy – Louis Vuitton. They possess an impressive 48.4% ownership of the company’s shares. This controlling interest is held through a range of entities, including Christian Dior, Tiffany & Co, and Férinel. While their control of LVMH is not absolute, the Arnault family wields significant influence over the company’s direction. Their sizeable stake allows them to shape key decisions, such as mergers and acquisitions, crucial in steering the world’s largest luxury goods conglomerate.

Christian Dior: A Fashion Powerhouse

The Arnault family’s relationship with Christian Dior is profound. Through their holding company, Groupe Familial Arnault, they maintain a controlling stake of 97.5% in Christian Dior, the prestigious luxury fashion house. Furthermore, Christian Dior holds a 41.4% stake in LVMH, amplifying the Arnault family’s indirect ownership of 17.4% of LVMH.

This intricate web of ownership enables the Arnault family to play a pivotal role in the fashion and luxury world. Bernard Arnault’s acquisition of Christian Dior’s various divisions in 2017 paved the way for exceptional growth, resulting in record sales of €42.6 billion in 2017, a remarkable 13% increase over the previous year. In the same year, the net profit soared by 29%. As of March 2023, the Arnault family’s stake in Christian Dior is estimated at a staggering USD 130 billion, solidifying their position as one of the largest shareholders in LVMH.

Férinel: Construction and Luxury Synergy

The Arnault family also holds a 50.01% stake in the French construction company Férinel. Established in 1965 by Bernard Arnault’s father, Jean Léon Arnault, Férinel specialises in providing construction services for the luxury goods industry. With a strong presence in France, Belgium, the Netherlands, and the United States, the company counts industry giants like LVMH, Christian Dior, and Hermès among its clients. Férinel’s notable track record of growth and profitability is evident through its 2022 financials, where it achieved a revenue of €1.5 billion and a net profit of €100 million. The Arnault family’s stake in Férinel holds an estimated value of approximately €750 million.

Tiffany & Co.: A Strategic Luxury Addition

In 2019, the Arnault family made a strategic move by acquiring a 9% stake in the American luxury goods company Tiffany & Co., valued at USD 16.2 billion. This acquisition was executed through their holding company, LVMH Moët Hennessy – Louis Vuitton, reflecting their expansion into the iconic American luxury market. Tiffany & Co., renowned for its presence in the United States and Asia, offers the Arnault family a valuable foothold in these lucrative regions. This move aligns with their ambition to expand their luxury goods portfolio and further solidify their influence in the global luxury industry.

Jean Arnault: Fashioning a Legacy

As LVMH’s Jean Arnault continues to ascend the ranks of the fashion and luxury industry, the expectations for his future contributions are high. His ability to navigate the evolving landscape of luxury brands while preserving the heritage of the conglomerate is a testament to his skill and vision. The story of Jean is not merely one of wealth, but a tale of a scion who is defining his own destiny and shaping the future of an iconic empire.

Under the leadership of the Arnault name, LVMH continues to shine as a symbol of creativity, innovation, and elegance in the fashion world. Jean Arnault is undeniably a rising star in this realm. As we eagerly anticipate the next chapter in this fashion saga, it’s abundantly clear that the future holds great promise for both Jean Arnault and the LVMH dynasty.

(Main and featured images: Louis Vuitton and Rindoff Petroff/Hekimian, via Getty Images)

The post Jean Arnault: Net Worth and Other Things to Know About the LVMH Scion appeared first on Prestige Online - HongKong.

]]>
Most Expensive Things Owned by Taylor Swift and Her Net worth https://www.prestigeonline.com/hk/lifestyle/wealth-management/taylor-swift-net-worth-and-expensive-things-she-owns/ Fri, 27 Oct 2023 00:30:30 +0000 https://www.prestigeonline.com/hk/?p=244394 Taylor Swift net worth

Taylor Swift has ushered in a new era of music with her ongoing tour. The Eras Tour is nothing short of a worldwide event and has hosted several sold-out stadium shows across the US with new dates added for Europe and Asian legs. The soaring craze among Swifties has made each stop a roaring success, adding to Taylor Swift’s net worth in such a way that she is now officially a self-made billionaire.

After 12 Grammy Awards and countless chart-topping hits, Swift’s music continues to garner the same kind of love from all over the world. With the impetus from The Eras Tour, Bloomberg noted on 27 October 2023 that the “Karma” singer’s net worth is now USD 1.1 billion.

According to the report, she is “one of the few entertainers to reach that status based on music and performing alone.”

In its breakdown of her net worth, Bloomberg said that ticket sales and merchandise along with the estimated value of the remastered versions of her previous albums released by her since 2019 make up the largest chunk of her net worth.

The music catalogue was valued at USD 400 million at the lower band while ticket sales and merchandise were estimated at USD 370 million. The other components of her net worth include USD 120 million in Spotify and YouTube earnings, USD 110 million worth of five personal properties, and USD 80 million as royalties from music sales. Bloomberg underlined that the music catalogue’s value on a more bullish estimate could be around USD 1 billion when all of her music is included.

With such a staggering net worth, it is no surprise that the country-pop icon already owns several expensive assets. Brand endorsements, stunning Beverly Hills properties, a private jet, expensive cat breeds and more make up some of her lucrative incomes and grandest possessions.

Check out some of the most expensive things that Taylor Swift owns

The Eras Tour records and earnings

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Bloomberg said that The Eras Tour has earned over USD 700 million in ticket sales for shows performed to date at an average ticket price of USD 254. The report said that her 53 US concerts in 2023 added USD 4.3 billion to the American gross domestic product (GDP). Her personal pre-tax profit from The Eras Tour concert shows held so far was estimated at USD 225 million. There are 89 more shows to go.

Citing survey data from August done by research firm QuestionPro, CNN reported on 26 October 2023 that The Eras Tour could gross USD 2.2 billion in North American ticket sales alone. This means that the net worth of Taylor Swift will increase even more once the tour is over.

According to a July 2023 report by Forbes, The Eras Tour already surpassed the likes of Bruce Springsteen’s 2023 tour, Bruce Springsteen & the E Street Band, Harry Styles’ Love On Tour and Elton John’s Goodbye Yellow Brick Road tour.

Successful music albums, concerts and films

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

After keeping her fans guessing for a long time, Swift released her latest full-length album Midnights in October 2022, causing an uproar in the global music arena yet again. No stranger to the top Billboard chart positions, she created history by being the first artist to claim all top 10 spots.

On 7 July 2023, Swift released Speak Now (Taylor’s Version). It is the third of the six rerecorded versions of her albums that she is releasing after a dispute with her recording label. Originally created in 2010, it comes while she is on tour with Eras and is being received enthusiastically by Swifties all over.

Her 2017 album Reputation broke and created several records and continues to be one of the highest-selling music albums of all time. Selling nearly two million copies, the Reputation tour also broke the record to become the highest-grossing world tour of the time after garnering around USD 345 million.

In 2014, her album 1989 sold over 3.7 million units and bagged the title of the bestselling album of the year. The same year she also removed her music from the streaming giant Spotify on account of royalty payment issues. It continued in 2015 when Swift published an open letter against Apple Music saying she would not stream 1989 on the platform due to royalty rates.

Several of her albums have become platinum and her genius is proven by the 12 Grammys that she has won. After the previous complicated royalty issues, Swift’s new contract with Republic Records and Universal Music Group lays down the monetary rules quite clearly.

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Besides a prolific music career, Swift has also appeared in a number of movies. She has her own Netflix documentary titled Miss Americana: Taylor Swift, released in 2020, and has featured in several hit films such as Cats (2019), The Giver (2014) and gave her voice to Audrey in The Lorax (2012).

On 13 October 2023, Taylor Swift: The Eras Tour, a concert film of her ongoing tour, was released in theatres. It earned over USD 160 million worldwide by its second weekend of release and was rated 99 per cent on Rotten Tomatoes.

Extravagant properties

Taylor Swift home
Image credit: Taylor Swift/ Instagram

Swift has made a significant mark in the real estate segment and has quite an impressive portfolio of eight properties, the value of which is reportedly around USD 84 million.

She seems to share a deep connection with New York City as the “Cardigan” star owns a lavish duplex penthouse in Manhattan’s most posh neighbourhood of Tribeca. Valued at USD 20 million, Swift reportedly renovated the apartment for USD 535,000. In fact, such is her love for the Big Apple that she also owns a four-storey townhouse in the city. Converted into a single house, it consists of three homes — the first bought in 2015 for a reported amount of USD19.95 million, the second in 2017, reportedly for USD 12.5 million and a year later came the third one at an estimated cost of USD 9.75 million.

Swift’s Los Angeles portfolio is equally majestic. In 2015, she splurged around USD 25 million on a Beverly Hills mansion, formerly owned by film producer Samuel Goldwyn. It was restored to the 1934 aesthetics and has received LA’s historic landmark accreditation, implying it cannot be demolished or significantly altered. Throughout her music career, the singer and prolific songwriter has owned several other properties at Beverly Hills which were later sold off.

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Additionally, Swift has heavily invested in the property scene in her hometown Nashville. At the very beginning of her career, a 20-year-old Taylor had purchased a 301 sq m apartment for almost USD 2 million. In 2011, she bought a 465 sq m Greek Revival-style mansion for her parents in the upstate neighbourhood of Forest Hills for a reported amount of USD 2.5 million.

The “Wildest Dreams” icon stunned fans with her Rhode Island mansion. In 2013, Swift purchased the beachfront residence in cash for a reported sum of USD 17.75 million which has seen many of her star-studded parties.

Private jet

Taylor Swift private jet
Image credit: Dassault Aviation

Taylor Swift is among the league of celebrities who have their own private jets. And why not? With innumerable shows and concerts across the globe, it only makes sense to have a jet at your disposal. But, the “Enchanted” singer went a step further and owned two private jets — Dassault-Breguet Mystere Falcon 900 and a Dassault Falcon 50. The 12-seater aircrafts have amazing high-performing specs and can easily accommodate most of her staff. Swift considers the digit 13 to be lucky, and reportedly she even got it painted on the jets. According to media reports, she paid somewhere between USD 40 to 45 million for each jet.

As per various reports, eight years after buying it in 2012, she sold the latter in 2020, in a bid to cut down on the number of private jets she owns. However, Swift reportedly continues to own the former and has received backlash for being airborne for 170 flights and emitting nearly 800 tonnes of carbon.

Expensive cat breeds

Taylor Swift cats
Image credit: Taylor Swift/ Instagram

Swift is a pet parent and has three feline furballs who are not only gorgeous but also incredibly expensive. The “Delicate” singer owns two Scottish fold cats named Meredith Grey and Olivia Benson after her favourite characters from Grey’s Anatomy and Law & Order: SVU. The third feline is a ragdoll cat named Benjamin Button, named after Brad Pitt’s famous 2008 character.

Talor Swift cats
Image credit: Taylor Swift/ Instagram

Both Olivia Benson and Meredith Grey appear in Swift’s “Me” music video, and “Gorgeous” from the 2017 album Reputation also bears a special mention to these cute paw-some pets when she sings “I guess I’ll just go on home to my cats.”

These are some of the most expensive breeds and can cost somewhere between USD 1,000 and USD 3,000 each. Such pets require a regal travel kit, and in her 2020 Netflix documentary Taylor Swift: Miss Americana it was revealed that the three travel the world in style in their own personalised backpacks.

Designer clothes and accessories

Taylor Swift dress
Image credit: Taylor Swift/ Instagram

With global popularity and fan following such as Taylor Swift’s, it is quite natural for the musician to own a vast designer wardrobe and accessories. An array of expensive haute couture outfits paired with exquisite jewellery and accessories for every music video, red carpet appearance and award show, often sets the internet in a whirlwind and Swifties are fast to take cues.

In 2020, she wore several soft laced dresses for the music video of “Willow.” One of them was a white Zimmerman piece with a reported price tag of USD 2,650. It was paired with stunning pearl earrings which apparently cost USD 8,950 and a floral tiara which is reportedly priced at USD 1,225.

In another instance, Swift teamed up with her long-time friend and associate Stella McCartney for a warm wintry look. The designer created an orange and black plaid wool coat for the album cover of Evermore in 2020, and according to a Good Housekeeping report, the coat cost USD 2,875 and was an instant sell-out.

Speaking of award shows, Swift chose a dazzling green sequined number by Julien MacDonald for the 2019 American Music Awards. According to WWD, the designer’s average outfits cost between USD 10,000 and USD 40,000.

Reports also suggest that she has a custom Christian Louboutin backpack tagged at USD 1,237. The “All Too Well” star also loves designers such as Elie Saab, Versace and J Mendell.

Brand Endorsement deals

Other than her music career and highest-grossing albums, Swift’s brand endorsements and social media posts also contribute heavily to her enormous wealth. From Keds and Diet Coke to Apple, Papa John’s, American Express and others, these renowned brands and companies invest heavily in her and the deals add substantially to her growing net worth.

Philanthropic work

Philanthropic Work
Image credit: Taylor Swift/ Instagram

Despite being such a successful global icon and owning unimaginably expensive things, Swift is also known to patronise and donate to charitable causes quite regularly and extend a helping hand to those in need.

In 2012, she gave USD 4 million to the Country Music Hall of Fame and Museum and opened the Taylor Swift Education Center in Nashville. It is a fun and interactive space to help people of all ages come together, learn and connect to the museum’s content. Art installations, video labs, educational tours for schools and more make the Taylor Swift Education Center a vibrant learning arena.

Additionally, the singer also actively supports the musical scene and on the occasion of her 24th birthday, Swift donated USD 100,000 to Nashville Symphony in 2013, to help the orchestra grow and diversify.

Extending relief to the victims of a devastating tornado, Swift raised a massive USD 750,000 through her 2010 Speak Now benefit concert as well as donated another USD 50,000 to the Nashville Flood Relief.

Going beyond natural calamities, Swift is extremely vocal about issues that plague society and showing her stance, she donated USD 113,000 to a pro LGBTQ+ community advocacy group — Tennessee Equality Project.

(Main and featured image credit: Taylor Swift/ Instagram)

The post Most Expensive Things Owned by Taylor Swift and Her Net worth appeared first on Prestige Online - HongKong.

]]>
Taylor Swift net worth

Taylor Swift has ushered in a new era of music with her ongoing tour. The Eras Tour is nothing short of a worldwide event and has hosted several sold-out stadium shows across the US with new dates added for Europe and Asian legs. The soaring craze among Swifties has made each stop a roaring success, adding to Taylor Swift’s net worth in such a way that she is now officially a self-made billionaire.

After 12 Grammy Awards and countless chart-topping hits, Swift’s music continues to garner the same kind of love from all over the world. With the impetus from The Eras Tour, Bloomberg noted on 27 October 2023 that the “Karma” singer’s net worth is now USD 1.1 billion.

According to the report, she is “one of the few entertainers to reach that status based on music and performing alone.”

In its breakdown of her net worth, Bloomberg said that ticket sales and merchandise along with the estimated value of the remastered versions of her previous albums released by her since 2019 make up the largest chunk of her net worth.

The music catalogue was valued at USD 400 million at the lower band while ticket sales and merchandise were estimated at USD 370 million. The other components of her net worth include USD 120 million in Spotify and YouTube earnings, USD 110 million worth of five personal properties, and USD 80 million as royalties from music sales. Bloomberg underlined that the music catalogue’s value on a more bullish estimate could be around USD 1 billion when all of her music is included.

With such a staggering net worth, it is no surprise that the country-pop icon already owns several expensive assets. Brand endorsements, stunning Beverly Hills properties, a private jet, expensive cat breeds and more make up some of her lucrative incomes and grandest possessions.

Check out some of the most expensive things that Taylor Swift owns

The Eras Tour records and earnings

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Bloomberg said that The Eras Tour has earned over USD 700 million in ticket sales for shows performed to date at an average ticket price of USD 254. The report said that her 53 US concerts in 2023 added USD 4.3 billion to the American gross domestic product (GDP). Her personal pre-tax profit from The Eras Tour concert shows held so far was estimated at USD 225 million. There are 89 more shows to go.

Citing survey data from August done by research firm QuestionPro, CNN reported on 26 October 2023 that The Eras Tour could gross USD 2.2 billion in North American ticket sales alone. This means that the net worth of Taylor Swift will increase even more once the tour is over.

According to a July 2023 report by Forbes, The Eras Tour already surpassed the likes of Bruce Springsteen’s 2023 tour, Bruce Springsteen & the E Street Band, Harry Styles’ Love On Tour and Elton John’s Goodbye Yellow Brick Road tour.

Successful music albums, concerts and films

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

After keeping her fans guessing for a long time, Swift released her latest full-length album Midnights in October 2022, causing an uproar in the global music arena yet again. No stranger to the top Billboard chart positions, she created history by being the first artist to claim all top 10 spots.

On 7 July 2023, Swift released Speak Now (Taylor’s Version). It is the third of the six rerecorded versions of her albums that she is releasing after a dispute with her recording label. Originally created in 2010, it comes while she is on tour with Eras and is being received enthusiastically by Swifties all over.

Her 2017 album Reputation broke and created several records and continues to be one of the highest-selling music albums of all time. Selling nearly two million copies, the Reputation tour also broke the record to become the highest-grossing world tour of the time after garnering around USD 345 million.

In 2014, her album 1989 sold over 3.7 million units and bagged the title of the bestselling album of the year. The same year she also removed her music from the streaming giant Spotify on account of royalty payment issues. It continued in 2015 when Swift published an open letter against Apple Music saying she would not stream 1989 on the platform due to royalty rates.

Several of her albums have become platinum and her genius is proven by the 12 Grammys that she has won. After the previous complicated royalty issues, Swift’s new contract with Republic Records and Universal Music Group lays down the monetary rules quite clearly.

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Besides a prolific music career, Swift has also appeared in a number of movies. She has her own Netflix documentary titled Miss Americana: Taylor Swift, released in 2020, and has featured in several hit films such as Cats (2019), The Giver (2014) and gave her voice to Audrey in The Lorax (2012).

On 13 October 2023, Taylor Swift: The Eras Tour, a concert film of her ongoing tour, was released in theatres. It earned over USD 160 million worldwide by its second weekend of release and was rated 99 per cent on Rotten Tomatoes.

Extravagant properties

Taylor Swift home
Image credit: Taylor Swift/ Instagram

Swift has made a significant mark in the real estate segment and has quite an impressive portfolio of eight properties, the value of which is reportedly around USD 84 million.

She seems to share a deep connection with New York City as the “Cardigan” star owns a lavish duplex penthouse in Manhattan’s most posh neighbourhood of Tribeca. Valued at USD 20 million, Swift reportedly renovated the apartment for USD 535,000. In fact, such is her love for the Big Apple that she also owns a four-storey townhouse in the city. Converted into a single house, it consists of three homes — the first bought in 2015 for a reported amount of USD19.95 million, the second in 2017, reportedly for USD 12.5 million and a year later came the third one at an estimated cost of USD 9.75 million.

Swift’s Los Angeles portfolio is equally majestic. In 2015, she splurged around USD 25 million on a Beverly Hills mansion, formerly owned by film producer Samuel Goldwyn. It was restored to the 1934 aesthetics and has received LA’s historic landmark accreditation, implying it cannot be demolished or significantly altered. Throughout her music career, the singer and prolific songwriter has owned several other properties at Beverly Hills which were later sold off.

 

View this post on Instagram

 

A post shared by Taylor Swift (@taylorswift)

Additionally, Swift has heavily invested in the property scene in her hometown Nashville. At the very beginning of her career, a 20-year-old Taylor had purchased a 301 sq m apartment for almost USD 2 million. In 2011, she bought a 465 sq m Greek Revival-style mansion for her parents in the upstate neighbourhood of Forest Hills for a reported amount of USD 2.5 million.

The “Wildest Dreams” icon stunned fans with her Rhode Island mansion. In 2013, Swift purchased the beachfront residence in cash for a reported sum of USD 17.75 million which has seen many of her star-studded parties.

Private jet

Taylor Swift private jet
Image credit: Dassault Aviation

Taylor Swift is among the league of celebrities who have their own private jets. And why not? With innumerable shows and concerts across the globe, it only makes sense to have a jet at your disposal. But, the “Enchanted” singer went a step further and owned two private jets — Dassault-Breguet Mystere Falcon 900 and a Dassault Falcon 50. The 12-seater aircrafts have amazing high-performing specs and can easily accommodate most of her staff. Swift considers the digit 13 to be lucky, and reportedly she even got it painted on the jets. According to media reports, she paid somewhere between USD 40 to 45 million for each jet.

As per various reports, eight years after buying it in 2012, she sold the latter in 2020, in a bid to cut down on the number of private jets she owns. However, Swift reportedly continues to own the former and has received backlash for being airborne for 170 flights and emitting nearly 800 tonnes of carbon.

Expensive cat breeds

Taylor Swift cats
Image credit: Taylor Swift/ Instagram

Swift is a pet parent and has three feline furballs who are not only gorgeous but also incredibly expensive. The “Delicate” singer owns two Scottish fold cats named Meredith Grey and Olivia Benson after her favourite characters from Grey’s Anatomy and Law & Order: SVU. The third feline is a ragdoll cat named Benjamin Button, named after Brad Pitt’s famous 2008 character.

Talor Swift cats
Image credit: Taylor Swift/ Instagram

Both Olivia Benson and Meredith Grey appear in Swift’s “Me” music video, and “Gorgeous” from the 2017 album Reputation also bears a special mention to these cute paw-some pets when she sings “I guess I’ll just go on home to my cats.”

These are some of the most expensive breeds and can cost somewhere between USD 1,000 and USD 3,000 each. Such pets require a regal travel kit, and in her 2020 Netflix documentary Taylor Swift: Miss Americana it was revealed that the three travel the world in style in their own personalised backpacks.

Designer clothes and accessories

Taylor Swift dress
Image credit: Taylor Swift/ Instagram

With global popularity and fan following such as Taylor Swift’s, it is quite natural for the musician to own a vast designer wardrobe and accessories. An array of expensive haute couture outfits paired with exquisite jewellery and accessories for every music video, red carpet appearance and award show, often sets the internet in a whirlwind and Swifties are fast to take cues.

In 2020, she wore several soft laced dresses for the music video of “Willow.” One of them was a white Zimmerman piece with a reported price tag of USD 2,650. It was paired with stunning pearl earrings which apparently cost USD 8,950 and a floral tiara which is reportedly priced at USD 1,225.

In another instance, Swift teamed up with her long-time friend and associate Stella McCartney for a warm wintry look. The designer created an orange and black plaid wool coat for the album cover of Evermore in 2020, and according to a Good Housekeeping report, the coat cost USD 2,875 and was an instant sell-out.

Speaking of award shows, Swift chose a dazzling green sequined number by Julien MacDonald for the 2019 American Music Awards. According to WWD, the designer’s average outfits cost between USD 10,000 and USD 40,000.

Reports also suggest that she has a custom Christian Louboutin backpack tagged at USD 1,237. The “All Too Well” star also loves designers such as Elie Saab, Versace and J Mendell.

Brand Endorsement deals

Other than her music career and highest-grossing albums, Swift’s brand endorsements and social media posts also contribute heavily to her enormous wealth. From Keds and Diet Coke to Apple, Papa John’s, American Express and others, these renowned brands and companies invest heavily in her and the deals add substantially to her growing net worth.

Philanthropic work

Philanthropic Work
Image credit: Taylor Swift/ Instagram

Despite being such a successful global icon and owning unimaginably expensive things, Swift is also known to patronise and donate to charitable causes quite regularly and extend a helping hand to those in need.

In 2012, she gave USD 4 million to the Country Music Hall of Fame and Museum and opened the Taylor Swift Education Center in Nashville. It is a fun and interactive space to help people of all ages come together, learn and connect to the museum’s content. Art installations, video labs, educational tours for schools and more make the Taylor Swift Education Center a vibrant learning arena.

Additionally, the singer also actively supports the musical scene and on the occasion of her 24th birthday, Swift donated USD 100,000 to Nashville Symphony in 2013, to help the orchestra grow and diversify.

Extending relief to the victims of a devastating tornado, Swift raised a massive USD 750,000 through her 2010 Speak Now benefit concert as well as donated another USD 50,000 to the Nashville Flood Relief.

Going beyond natural calamities, Swift is extremely vocal about issues that plague society and showing her stance, she donated USD 113,000 to a pro LGBTQ+ community advocacy group — Tennessee Equality Project.

(Main and featured image credit: Taylor Swift/ Instagram)

The post Most Expensive Things Owned by Taylor Swift and Her Net worth appeared first on Prestige Online - HongKong.

]]>
Will Smith’s Net Worth In 2023: A Glimpse Into The Actor’s Impressive Salary, Lavish Properties And More https://www.prestigeonline.com/hk/lifestyle/wealth-management/will-smith-net-worth-in-2023-his-career-earnings-luxury-properties-fancy-cars/ Mon, 23 Oct 2023 06:00:58 +0000 https://www.prestigeonline.com/hk/?p=289013

Will Smith, the multi-faceted American actor, rapper and film producer, has been captivating audiences around the globe for more than three decades. Beyond the unmatched charisma that he channels on-screen, Smith has led an intriguing life, one imbued with many accomplishments and pursuits. 

The 55-year-old actor is also a family man at heart, a dad extraordinaire to three incredible children and a dedicated husband to wife Jada Pinkett, even after seven years of living separately.

 

View this post on Instagram

 

A post shared by Will Smith (@willsmith)

Today, Will Smith is celebrated more for his contributions to the film and television industry than his early music career. However, he has worn many hats in Hollywood, from acting to producing, leaving his indelible mark on numerous blockbuster projects.

With such an illustrious career, it’s only natural to wonder about the size of Will Smith’s net worth. So, just how much is the Fresh Prince of Bel-Air worth? Let’s find out! 

Will Smith’s net worth: Unveiling his financial success

Picture Credits: Instagram/Will Smith

Before we delve into the specifics of Will Smith’s net worth, let’s take a step back to explore his early life and introduction to the world of showbiz.

Will Smith’s early life and claim to fame 

will smith net worth 2023
Picture Credits: Instagram/Will Smith

Hailing from the vibrant city of Philadelphia, Will Smith discovered his passion for music and entertainment at a young age. His extraordinary talent led him to prominence, initially as a rapper. Together with his childhood friend, he formed the iconic hip-hop duo DJ Jazzy Jeff & The Fresh Prince.

By 1986, they had secured a record deal with Def Jam Records, marking the beginning of a remarkable musical journey. Their 1987 debut album Rock the House and 1988 follow-up He’s the DJ, I’m the Rapper both soared to the top of the charts.

Notably, their single Parents Just Don’t Understand earned them their first-ever Grammy Award for Best Rap Performance in 1989.

Being broke and landing ‘Fresh Prince of Bel-Air’

While Will Smith’s portrayal of the beloved character in the hit NBC sitcom Fresh Prince of Bel-Air is undoubtedly one of his most iconic roles, it might surprise you to learn that it didn’t earn him as much revenue as one might assume. This unexpected financial twist stems from Smith’s early struggles with the IRS (Internal Revenue Service) in the 1980s, a time when he found himself facing a staggering tax debt ranging from USD 2.8 million to USD 6 million after his music career began to take off.

In fact, Smith took on the role of the Fresh Prince with a clear mission in mind: to settle his mounting debts. He openly admitted that he was effectively “broke” during his time on the show. The IRS was claiming 70% of the actor’s paychecks, and only after the third year did Smith manage to get back some financial stability. 

The irony here is that his hit sitcom did more than just help Will Smith escape the clutches of debt. It acted as a launchpad for his career, propelling him into a plethora of blockbuster movies. From his memorable performance in The Pursuit of Happyness in 2006 to his roles in the Men in Black and Bad Boys franchises, the series kickstarted a career that would make Smith a household name around the world.

Will Smith’s earnings from the early 90s till 2023

Picture Credits: IMDb/Pursuit of Happyness

Will Smith’s seamless transition from television to the silver screen showcases his remarkable versatility as an actor. Throughout his illustrious career, he has left an indelible mark in a variety of genres, from action-packed blockbusters like Bad Boys and Independence Day to serious dramas such as The Pursuit of Happyness and Ali, where he portrayed the legendary boxer Muhammad Ali. His performances in both The Pursuit of Happyness and Ali also earned him Academy Award nominations. 

In 2023, Will Smith’s annual income is estimated to range from anywhere between USD 40 million to USD 80 million, primarily stemming from his film projects and complemented by his brand endorsements and advertisements. 

However, it was the early 2000s that marked the zenith of his Hollywood career, with earnings averaging around USD 20 to USD 30 million per movie.

Between 1993 and 2013, Will Smith reportedly amassed approximately USD 200 million from his movie earnings, encompassing salaries and bonuses. Notably, in 2012, he secured a substantial upfront salary of USD 20 million for his role in Men in Black 3, along with a remarkable USD 80 million bonus.

Smith’s impressive paychecks also include USD 25 million for I Am Legend in 2007, USD 28 million for I, Robot, USD 20 million for Netflix’s Bright in 2018 and USD 35 million for its sequel, Bright 2

In November 2021, his role in King Richard came with a USD 20 million upfront payment and, perhaps more significantly, fetched him an Academy Award. However, the night was unfortunately overshadowed by the incident where Smith slapped comedian Chris Rock on stage. 

Furthermore, for King Richard, Warner Brothers compensated him with a USD 40 million bonus as the film streamed on HBO Max due to the pandemic, making his total salary for the project a staggering USD 60 million. 

Also in 2021, Forbes reported that Smith had earned nearly USD 45 million in 2020, even though he had no new film releases. His content on social media platforms, including Instagram, YouTube, Snapchat, and TikTok, enabled him to amass millions from the comfort of his own home.

Later in 2022, Smith charged USD 35 million for his role in Emancipation.

Will Smith’s impressive net worth in 2023

Picture Credits: Instagram/Will Smith

In 2023, the pinnacle of Will Smith’s remarkable career and versatile contributions to the entertainment industry is reflected in his substantial net worth. According to Celebrity Net Worth, Will Smith’s net worth is estimated at a …wait for it…whopping USD 350 million.

This impressive figure is the result of a career that spans over three decades, encompassing his early days as a rapper as well as his multifaceted roles as an actor and behind-the-scenes producer.

Smith’s knack for selecting major blockbuster franchises has consistently paid off. Beyond his thriving acting career, Smith has also displayed his entrepreneurial acumen through ventures in music and film production. Simply put, his diversified investments and business ventures have played a substantial role in augmenting his impressive net worth.

Will Smith’s luxurious lifestyle and astounding assets

will smith net worth 2023
Picture Credits: Instagram/Will Smith

With a storied career spanning over three decades, Will Smith has not only earned a plethora of awards and the adoration of his fans but has also built a truly opulent lifestyle for himself and his family. 

Will Smith’s real estate investments worth USD 100 million 

Over the years, Smith has invested extensively and wisely in real estate.

Among his portfolio of impressive properties, the one that shines brightest is his mansion nestled near Malibu Creek. This lavish abode sprawls over 2,300 square metres and offers an array of luxurious amenities, including riding and equestrian trails, a private lake, basketball, tennis and volleyball courts, multiple stables, a captivating swimming pool, a tranquil meditation room and a personal recording studio. Beyond this Malibu gem, Smith boasts multiple real estate holdings in Hawaii, Utah and his hometown of Philadelphia.

Together with his wife Jada Pinkett Smith, the couple owns approximately ten prime properties in the United States. These include a 20,000-square-foot residence in Calabasas that’s worth USD 7.5 million, a 9,000-square-foot house and a 10,400-square-foot residence (worth USD 11 million) in Hidden Hills, California, and a 9,200 square-foot ski chalet in Park City, Utah.

In 2023, Will Smith’s real estate holdings are valued at an impressive USD 100 million.

In 2017, he sold off a 7-acre oceanfront property in Kauai for approximately USD 12 million. He acquired this property in 2015 for USD 10 million. The couple also sold another oceanfront Hawaiian property for USD 20 million to Ekaterina Rybolovlev, daughter of Dmitry Rybolovlev.

Will Smith’s prized car collection

 

View this post on Instagram

 

A post shared by Will Smith (@willsmith)

Will Smith and Jada Pinkett Smith are known for their fascination with luxury cars. Their collection includes a Bentley Azure, a Maybach 57s, a 1965 Ford Mustang, a Cadillac Escalade, a Mercedes Benz GL450 and a Ford Taurus, among other impressive vehicles.

Notably, Smith is also the owner of a luxury private jet, underscoring his penchant for flying in style. A telling incident in 2011 highlighted this preference when, instead of flying business class for a flight from Dublin to Manchester, Smith chose to rent a private plane, paying an estimated USD 12,000 for a swift 50-minute journey.

His charitable spirit

Beneath all of the glitz and glamour, however, Smith is also a samaritan and philanthropist at heart. To that effect, Will and Jada Pinkett Smith’s charitable foundation – The Will and Jada Smith Family Foundation – has made a remarkable impact by donating over USD 1 million to various charitable causes and organisations worldwide.

The story first appeared on Augustman Singapore

Frequently Asked Questions (FAQs)

– How much is Will Smith’s net worth in 2023?
Will Smith’s net worth in 2023 is estimated to be USD 350 million.

– How much is Will Smith and Jada Pinkett Smith’s combined net worth?
As of 2023, Will Smith’s estimated net worth is USD 350 million, while Jada Pinkett Smith’s net worth is estimated to be USD 50 million. Their combined net worth is a whopping USD 400 million.

– How many cars does Will Smith own?
Will Smith owns several luxury cars including a Bentley Azure, a Maybach 57s, a 1965 Ford Mustang, a Cadillac Escalade, a Mercedes Benz GL450 and a Ford Taurus, among others.

– How much does Will Smith’s house cost?
The cost of Will Smith’s house in Malibu Creek is estimated to be around USD 70 million. He also owns multiple real estate properties in other locations including Hawaii, Utah and Philadelphia.

(Header and feature image courtesy: Credits: Instagram/Will Smith)

The post Will Smith’s Net Worth In 2023: A Glimpse Into The Actor’s Impressive Salary, Lavish Properties And More appeared first on Prestige Online - HongKong.

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Will Smith, the multi-faceted American actor, rapper and film producer, has been captivating audiences around the globe for more than three decades. Beyond the unmatched charisma that he channels on-screen, Smith has led an intriguing life, one imbued with many accomplishments and pursuits. 

The 55-year-old actor is also a family man at heart, a dad extraordinaire to three incredible children and a dedicated husband to wife Jada Pinkett, even after seven years of living separately.

 

View this post on Instagram

 

A post shared by Will Smith (@willsmith)

Today, Will Smith is celebrated more for his contributions to the film and television industry than his early music career. However, he has worn many hats in Hollywood, from acting to producing, leaving his indelible mark on numerous blockbuster projects.

With such an illustrious career, it’s only natural to wonder about the size of Will Smith’s net worth. So, just how much is the Fresh Prince of Bel-Air worth? Let’s find out! 

Will Smith’s net worth: Unveiling his financial success

Picture Credits: Instagram/Will Smith

Before we delve into the specifics of Will Smith’s net worth, let’s take a step back to explore his early life and introduction to the world of showbiz.

Will Smith’s early life and claim to fame 

will smith net worth 2023
Picture Credits: Instagram/Will Smith

Hailing from the vibrant city of Philadelphia, Will Smith discovered his passion for music and entertainment at a young age. His extraordinary talent led him to prominence, initially as a rapper. Together with his childhood friend, he formed the iconic hip-hop duo DJ Jazzy Jeff & The Fresh Prince.

By 1986, they had secured a record deal with Def Jam Records, marking the beginning of a remarkable musical journey. Their 1987 debut album Rock the House and 1988 follow-up He’s the DJ, I’m the Rapper both soared to the top of the charts.

Notably, their single Parents Just Don’t Understand earned them their first-ever Grammy Award for Best Rap Performance in 1989.

Being broke and landing ‘Fresh Prince of Bel-Air’

While Will Smith’s portrayal of the beloved character in the hit NBC sitcom Fresh Prince of Bel-Air is undoubtedly one of his most iconic roles, it might surprise you to learn that it didn’t earn him as much revenue as one might assume. This unexpected financial twist stems from Smith’s early struggles with the IRS (Internal Revenue Service) in the 1980s, a time when he found himself facing a staggering tax debt ranging from USD 2.8 million to USD 6 million after his music career began to take off.

In fact, Smith took on the role of the Fresh Prince with a clear mission in mind: to settle his mounting debts. He openly admitted that he was effectively “broke” during his time on the show. The IRS was claiming 70% of the actor’s paychecks, and only after the third year did Smith manage to get back some financial stability. 

The irony here is that his hit sitcom did more than just help Will Smith escape the clutches of debt. It acted as a launchpad for his career, propelling him into a plethora of blockbuster movies. From his memorable performance in The Pursuit of Happyness in 2006 to his roles in the Men in Black and Bad Boys franchises, the series kickstarted a career that would make Smith a household name around the world.

Will Smith’s earnings from the early 90s till 2023

Picture Credits: IMDb/Pursuit of Happyness

Will Smith’s seamless transition from television to the silver screen showcases his remarkable versatility as an actor. Throughout his illustrious career, he has left an indelible mark in a variety of genres, from action-packed blockbusters like Bad Boys and Independence Day to serious dramas such as The Pursuit of Happyness and Ali, where he portrayed the legendary boxer Muhammad Ali. His performances in both The Pursuit of Happyness and Ali also earned him Academy Award nominations. 

In 2023, Will Smith’s annual income is estimated to range from anywhere between USD 40 million to USD 80 million, primarily stemming from his film projects and complemented by his brand endorsements and advertisements. 

However, it was the early 2000s that marked the zenith of his Hollywood career, with earnings averaging around USD 20 to USD 30 million per movie.

Between 1993 and 2013, Will Smith reportedly amassed approximately USD 200 million from his movie earnings, encompassing salaries and bonuses. Notably, in 2012, he secured a substantial upfront salary of USD 20 million for his role in Men in Black 3, along with a remarkable USD 80 million bonus.

Smith’s impressive paychecks also include USD 25 million for I Am Legend in 2007, USD 28 million for I, Robot, USD 20 million for Netflix’s Bright in 2018 and USD 35 million for its sequel, Bright 2

In November 2021, his role in King Richard came with a USD 20 million upfront payment and, perhaps more significantly, fetched him an Academy Award. However, the night was unfortunately overshadowed by the incident where Smith slapped comedian Chris Rock on stage. 

Furthermore, for King Richard, Warner Brothers compensated him with a USD 40 million bonus as the film streamed on HBO Max due to the pandemic, making his total salary for the project a staggering USD 60 million. 

Also in 2021, Forbes reported that Smith had earned nearly USD 45 million in 2020, even though he had no new film releases. His content on social media platforms, including Instagram, YouTube, Snapchat, and TikTok, enabled him to amass millions from the comfort of his own home.

Later in 2022, Smith charged USD 35 million for his role in Emancipation.

Will Smith’s impressive net worth in 2023

Picture Credits: Instagram/Will Smith

In 2023, the pinnacle of Will Smith’s remarkable career and versatile contributions to the entertainment industry is reflected in his substantial net worth. According to Celebrity Net Worth, Will Smith’s net worth is estimated at a …wait for it…whopping USD 350 million.

This impressive figure is the result of a career that spans over three decades, encompassing his early days as a rapper as well as his multifaceted roles as an actor and behind-the-scenes producer.

Smith’s knack for selecting major blockbuster franchises has consistently paid off. Beyond his thriving acting career, Smith has also displayed his entrepreneurial acumen through ventures in music and film production. Simply put, his diversified investments and business ventures have played a substantial role in augmenting his impressive net worth.

Will Smith’s luxurious lifestyle and astounding assets

will smith net worth 2023
Picture Credits: Instagram/Will Smith

With a storied career spanning over three decades, Will Smith has not only earned a plethora of awards and the adoration of his fans but has also built a truly opulent lifestyle for himself and his family. 

Will Smith’s real estate investments worth USD 100 million 

Over the years, Smith has invested extensively and wisely in real estate.

Among his portfolio of impressive properties, the one that shines brightest is his mansion nestled near Malibu Creek. This lavish abode sprawls over 2,300 square metres and offers an array of luxurious amenities, including riding and equestrian trails, a private lake, basketball, tennis and volleyball courts, multiple stables, a captivating swimming pool, a tranquil meditation room and a personal recording studio. Beyond this Malibu gem, Smith boasts multiple real estate holdings in Hawaii, Utah and his hometown of Philadelphia.

Together with his wife Jada Pinkett Smith, the couple owns approximately ten prime properties in the United States. These include a 20,000-square-foot residence in Calabasas that’s worth USD 7.5 million, a 9,000-square-foot house and a 10,400-square-foot residence (worth USD 11 million) in Hidden Hills, California, and a 9,200 square-foot ski chalet in Park City, Utah.

In 2023, Will Smith’s real estate holdings are valued at an impressive USD 100 million.

In 2017, he sold off a 7-acre oceanfront property in Kauai for approximately USD 12 million. He acquired this property in 2015 for USD 10 million. The couple also sold another oceanfront Hawaiian property for USD 20 million to Ekaterina Rybolovlev, daughter of Dmitry Rybolovlev.

Will Smith’s prized car collection

 

View this post on Instagram

 

A post shared by Will Smith (@willsmith)

Will Smith and Jada Pinkett Smith are known for their fascination with luxury cars. Their collection includes a Bentley Azure, a Maybach 57s, a 1965 Ford Mustang, a Cadillac Escalade, a Mercedes Benz GL450 and a Ford Taurus, among other impressive vehicles.

Notably, Smith is also the owner of a luxury private jet, underscoring his penchant for flying in style. A telling incident in 2011 highlighted this preference when, instead of flying business class for a flight from Dublin to Manchester, Smith chose to rent a private plane, paying an estimated USD 12,000 for a swift 50-minute journey.

His charitable spirit

Beneath all of the glitz and glamour, however, Smith is also a samaritan and philanthropist at heart. To that effect, Will and Jada Pinkett Smith’s charitable foundation – The Will and Jada Smith Family Foundation – has made a remarkable impact by donating over USD 1 million to various charitable causes and organisations worldwide.

The story first appeared on Augustman Singapore

Frequently Asked Questions (FAQs)

– How much is Will Smith’s net worth in 2023?
Will Smith’s net worth in 2023 is estimated to be USD 350 million.

– How much is Will Smith and Jada Pinkett Smith’s combined net worth?
As of 2023, Will Smith’s estimated net worth is USD 350 million, while Jada Pinkett Smith’s net worth is estimated to be USD 50 million. Their combined net worth is a whopping USD 400 million.

– How many cars does Will Smith own?
Will Smith owns several luxury cars including a Bentley Azure, a Maybach 57s, a 1965 Ford Mustang, a Cadillac Escalade, a Mercedes Benz GL450 and a Ford Taurus, among others.

– How much does Will Smith’s house cost?
The cost of Will Smith’s house in Malibu Creek is estimated to be around USD 70 million. He also owns multiple real estate properties in other locations including Hawaii, Utah and Philadelphia.

(Header and feature image courtesy: Credits: Instagram/Will Smith)

The post Will Smith’s Net Worth In 2023: A Glimpse Into The Actor’s Impressive Salary, Lavish Properties And More appeared first on Prestige Online - HongKong.

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Selling a Dream: A Look at the Combined Net Worth of Jason and Brett Oppenheim https://www.prestigeonline.com/hk/people/combined-net-worth-of-jason-and-brett-oppenheim-selling-sunset/ Fri, 20 Oct 2023 03:00:46 +0000 https://www.prestigeonline.com/hk/?p=288661

Jason and Brett Oppenheim are no strangers to the world of real estate and reality TV. Commanding attention, not just for their dapper suits and discerning eye for luxury properties, these twins have hijacked headlines for their impressive combined wealth. With Netflix’s Selling Sunset and Selling The OC introducing the world to the head honchos of the Oppenheim Group — the real estate brokerage at the crux of drama — even a life of stardom seems to be a part of the package deal. Read on as we dive into the astounding net worth of Jason and Brett Oppenheim, and find out more about their remarkable journey.

Before the Oppenheim brothers were kings of California’s real estate market, they honed their skills in a courtroom rather than within the boundary walls of their spacious mansions. Both twins started as lawyers — battling it out in the legal arena before transitioning into the equally cutthroat world of Los Angeles real estate. If the Selling Sunset season 7 trailer and the cast’s net worth are to be considered, these brothers are one of reality TV’s biggest success stories.

However, the spotlight truly shines on the Oppenheim twins in season two of Selling The OC. With their sights set on expanding their real estate empire, they jet off to Cabo, Mexico, to open their fourth brokerage. This business venture is more than just another reality TV deal in the making — it’s a lucrative partnership with a developer, featuring a jaw-dropping USD 2 billion deal. Hold on to your sombrero folks, Jason and Brett Oppenheim are making waves and cashing in on both sides of the border — and their combined net worth only looks set to grow even more.

How did Jason and Brett Oppenheim start their careers?

 

View this post on Instagram

 

A post shared by Jason Oppenheim (@jasonoppenheim)

Jason and Brett Oppenheim’s journey from courtroom to the world of high-end real estate is every bit worth the reality tv spin-off you’d expect. While Jason initially pursued a legal career at the Los Angeles branch of O’Melveny & Myers after graduating from UC Berkeley, his clientele included major corporations in high-stakes trials. Notably, he was involved in the Enron Trial, a case argued before the US Supreme Court. Despite a lucrative salary of USD 250,000, Jason’s legal career left him yearning for more.

Embarking on 80-city-strong globe-trotting adventure for three and a half years was his weapon of choice to overcome the monotony. He might’ve returned with enough memories to last a lifetime but he also raked up a hefty debt of USD 40,000. With a family legacy steeped in real estate (his family’s property tradition began in 1889 when his great-great-grandfather started one of the LA’s first real estate companies.), he decided to follow suit, joining Coldwell Banker, where he initially earned under USD 50,000 annually. However, his determination paid off as he eventually founded The O Group in 2013. In 2019, Jason’s success was further solidified when he was named one of the Best Real Estate Agents in America by the Wall Street Journal, and the No. 1 Agent in the Hollywood Hills/Sunset Strip area, according to Celebrity Net Worth.

Brett, like Jason, embarked on a legal career after law school and worked as a securities litigation attorney at two different firms. However, it didn’t take long for him to realise that the 9-to-5 corporate world was not his calling. Following a path similar to his twin, Brett too, hopped around the world for a bit. However, his travels came without a side of debt. Eventually, he found his true passion in real estate and joined Jason at the O Group. Today, both Brett and Jason Oppenheimer have amassed an impressive net worth thanks to this endeavour.

Their earnings from The O Group

 

View this post on Instagram

 

A post shared by Jason Oppenheim (@jasonoppenheim)

The brothers have certainly made their mark in the real estate world — amassing substantial earnings from their brokerage. The figures are nothing short of jealousy-inducing, with the pair collectively generating billions of dollars in revenue through property sales and commissions from agents under their banner. According to Jason’s profile on the company’s website, he has successfully closed an eye-watering USD 3 billion in sales and presently manages an impressive portfolio of USD 300 million worth of active listings. Some of his elite clientele includes household names like Orlando Bloom, Kris Humphries, and Chlöe Grace Moretz.

Jason’s foray into the real estate market extends beyond mere listings and sales. In 2016, he invested his own capital to acquire a four-bed, four-bath Los Angeles home, originally built in 2008 by Avengers star Jeremy Renner, for USD 2.7 million. Since then, he’s listed the property for nearly USD 8 million multiple times, most recently in 2021. The property even held a leasing price of USD 65,000 a month in 2021. As Jason aptly put it, “I’m always looking for special properties, and when I saw this house, I just fell in love with it.”

Brett, on the other hand, left fans confused after leaving The O Group in 2020 to establish his own brokerage, Oppenheim Real Estate. Till then he had sold a USD 15 million renovated Beverly Hills home, a USD 15 million development in Santa Monica, and a USD 25 million residence in the Hollywood Hills. However, Brett couldn’t stay away from the cameras for too long as he returned to The O Group with Selling The OC season 2 where he spearheaded the establishment of their new office in Cabo San Lucas, Mexico.

How much have the Oppenheim brothers made from Selling Sunset and Selling The OC?

While Selling Sunset and Selling The OC revolve around their real estate empire, the specifics of the Oppenheim brothers’ earnings from these TV ventures remain closely guarded. With Jason holding the title of executive producer on Selling The OC, it’s safe to assume they are handsomely compensated, but precise figures remain undisclosed.

In the real estate world, commissions are often structured as a 5 percent share, with the split typically being 2.5 percent each for the seller’s representative and the buyer’s agent, revealed former Selling Sunset cast member Maya Vander to Metro Co UK. The remaining 50 percent is allocated to the agent. Jason, as the broker with added liability, typically takes a 30 percent cut, leaving room for speculation on how the brothers divide the rest. Could it be a tidy 50/50? We’re not sure but we are certain: the money remains within the family.

What properties do Jason and Brett Oppenheim own?







Jason’s real estate portfolio is as impressive as his business acumen. In 2020, he secured a USD 5.1 million estate nestled in the Hollywood Hills — a 4,874-square-foot gem boasting four bedrooms, four bathrooms, and expansive 180-degree views of the city. This off-market deal was, in Jason’s words, a property that “ticked all the right boxes.”

A year later, he ventured further — acquiring a 13,000-square-foot USD 7 million mansion in Newport Beach, a USD 4.6 million Hollywood Hills residence, and a USD 2.8 million property in Newport Beach. When you tally it up, you get a jaw-dropping real estate investment worth just under USD 20 million. As for Brett, his real estate holdings remain a well-kept secret, but if he’s anything like his brother, he likely has a property or two tucked away somewhere in California.

So, what is the net worth of Selling Sunset‘s Jason and Brett Oppenheim?

Jason and Brett Oppenheim of Selling Sunset are worth USD 50 million each, per Celebrity Net Worth and South China Morning Post, making the real estate moguls’ combined net worth USD 100 million. Now, that’s what we call a successful career switch!

(Main and featured images: Jason Oppenheim/Instagram) 

This article was first published in PrestigeOnline Singapore. 


Watch Selling Sunset here


Watch Selling The OC here

The post Selling a Dream: A Look at the Combined Net Worth of Jason and Brett Oppenheim appeared first on Prestige Online - HongKong.

]]>

Jason and Brett Oppenheim are no strangers to the world of real estate and reality TV. Commanding attention, not just for their dapper suits and discerning eye for luxury properties, these twins have hijacked headlines for their impressive combined wealth. With Netflix’s Selling Sunset and Selling The OC introducing the world to the head honchos of the Oppenheim Group — the real estate brokerage at the crux of drama — even a life of stardom seems to be a part of the package deal. Read on as we dive into the astounding net worth of Jason and Brett Oppenheim, and find out more about their remarkable journey.

Before the Oppenheim brothers were kings of California’s real estate market, they honed their skills in a courtroom rather than within the boundary walls of their spacious mansions. Both twins started as lawyers — battling it out in the legal arena before transitioning into the equally cutthroat world of Los Angeles real estate. If the Selling Sunset season 7 trailer and the cast’s net worth are to be considered, these brothers are one of reality TV’s biggest success stories.

However, the spotlight truly shines on the Oppenheim twins in season two of Selling The OC. With their sights set on expanding their real estate empire, they jet off to Cabo, Mexico, to open their fourth brokerage. This business venture is more than just another reality TV deal in the making — it’s a lucrative partnership with a developer, featuring a jaw-dropping USD 2 billion deal. Hold on to your sombrero folks, Jason and Brett Oppenheim are making waves and cashing in on both sides of the border — and their combined net worth only looks set to grow even more.

How did Jason and Brett Oppenheim start their careers?

 

View this post on Instagram

 

A post shared by Jason Oppenheim (@jasonoppenheim)

Jason and Brett Oppenheim’s journey from courtroom to the world of high-end real estate is every bit worth the reality tv spin-off you’d expect. While Jason initially pursued a legal career at the Los Angeles branch of O’Melveny & Myers after graduating from UC Berkeley, his clientele included major corporations in high-stakes trials. Notably, he was involved in the Enron Trial, a case argued before the US Supreme Court. Despite a lucrative salary of USD 250,000, Jason’s legal career left him yearning for more.

Embarking on 80-city-strong globe-trotting adventure for three and a half years was his weapon of choice to overcome the monotony. He might’ve returned with enough memories to last a lifetime but he also raked up a hefty debt of USD 40,000. With a family legacy steeped in real estate (his family’s property tradition began in 1889 when his great-great-grandfather started one of the LA’s first real estate companies.), he decided to follow suit, joining Coldwell Banker, where he initially earned under USD 50,000 annually. However, his determination paid off as he eventually founded The O Group in 2013. In 2019, Jason’s success was further solidified when he was named one of the Best Real Estate Agents in America by the Wall Street Journal, and the No. 1 Agent in the Hollywood Hills/Sunset Strip area, according to Celebrity Net Worth.

Brett, like Jason, embarked on a legal career after law school and worked as a securities litigation attorney at two different firms. However, it didn’t take long for him to realise that the 9-to-5 corporate world was not his calling. Following a path similar to his twin, Brett too, hopped around the world for a bit. However, his travels came without a side of debt. Eventually, he found his true passion in real estate and joined Jason at the O Group. Today, both Brett and Jason Oppenheimer have amassed an impressive net worth thanks to this endeavour.

Their earnings from The O Group

 

View this post on Instagram

 

A post shared by Jason Oppenheim (@jasonoppenheim)

The brothers have certainly made their mark in the real estate world — amassing substantial earnings from their brokerage. The figures are nothing short of jealousy-inducing, with the pair collectively generating billions of dollars in revenue through property sales and commissions from agents under their banner. According to Jason’s profile on the company’s website, he has successfully closed an eye-watering USD 3 billion in sales and presently manages an impressive portfolio of USD 300 million worth of active listings. Some of his elite clientele includes household names like Orlando Bloom, Kris Humphries, and Chlöe Grace Moretz.

Jason’s foray into the real estate market extends beyond mere listings and sales. In 2016, he invested his own capital to acquire a four-bed, four-bath Los Angeles home, originally built in 2008 by Avengers star Jeremy Renner, for USD 2.7 million. Since then, he’s listed the property for nearly USD 8 million multiple times, most recently in 2021. The property even held a leasing price of USD 65,000 a month in 2021. As Jason aptly put it, “I’m always looking for special properties, and when I saw this house, I just fell in love with it.”

Brett, on the other hand, left fans confused after leaving The O Group in 2020 to establish his own brokerage, Oppenheim Real Estate. Till then he had sold a USD 15 million renovated Beverly Hills home, a USD 15 million development in Santa Monica, and a USD 25 million residence in the Hollywood Hills. However, Brett couldn’t stay away from the cameras for too long as he returned to The O Group with Selling The OC season 2 where he spearheaded the establishment of their new office in Cabo San Lucas, Mexico.

How much have the Oppenheim brothers made from Selling Sunset and Selling The OC?

While Selling Sunset and Selling The OC revolve around their real estate empire, the specifics of the Oppenheim brothers’ earnings from these TV ventures remain closely guarded. With Jason holding the title of executive producer on Selling The OC, it’s safe to assume they are handsomely compensated, but precise figures remain undisclosed.

In the real estate world, commissions are often structured as a 5 percent share, with the split typically being 2.5 percent each for the seller’s representative and the buyer’s agent, revealed former Selling Sunset cast member Maya Vander to Metro Co UK. The remaining 50 percent is allocated to the agent. Jason, as the broker with added liability, typically takes a 30 percent cut, leaving room for speculation on how the brothers divide the rest. Could it be a tidy 50/50? We’re not sure but we are certain: the money remains within the family.

What properties do Jason and Brett Oppenheim own?

Jason’s real estate portfolio is as impressive as his business acumen. In 2020, he secured a USD 5.1 million estate nestled in the Hollywood Hills — a 4,874-square-foot gem boasting four bedrooms, four bathrooms, and expansive 180-degree views of the city. This off-market deal was, in Jason’s words, a property that “ticked all the right boxes.”

A year later, he ventured further — acquiring a 13,000-square-foot USD 7 million mansion in Newport Beach, a USD 4.6 million Hollywood Hills residence, and a USD 2.8 million property in Newport Beach. When you tally it up, you get a jaw-dropping real estate investment worth just under USD 20 million. As for Brett, his real estate holdings remain a well-kept secret, but if he’s anything like his brother, he likely has a property or two tucked away somewhere in California.

So, what is the net worth of Selling Sunset‘s Jason and Brett Oppenheim?

Jason and Brett Oppenheim of Selling Sunset are worth USD 50 million each, per Celebrity Net Worth and South China Morning Post, making the real estate moguls’ combined net worth USD 100 million. Now, that’s what we call a successful career switch!

(Main and featured images: Jason Oppenheim/Instagram) 

This article was first published in PrestigeOnline Singapore. 

Watch Selling Sunset here

Watch Selling The OC here

The post Selling a Dream: A Look at the Combined Net Worth of Jason and Brett Oppenheim appeared first on Prestige Online - HongKong.

]]>
We Examine Love Is Blind Hosts Nick and Vanessa Lachey’s Impressive Joint Net Worth https://www.prestigeonline.com/hk/lifestyle/culture-plus-entertainment/nick-and-vanessa-lachey-net-worth-love-is-blind/ Thu, 19 Oct 2023 03:00:33 +0000 https://www.prestigeonline.com/hk/?p=288629

Nick and Vanessa Lachey’s net worth is a testament to the incredible journey this TV couple has shared for over two decades. At the time when their lives intersected in 2003, Nick Lachey was a boyband wonder with 98 Degrees and Vanessa Minnillo was hosting MTV’s Total Request Live. The duo may have been intertwined with other life commitments then— Nick being married to singer Jessica Simpson, but it was only after his divorce in 2006, that the dating floodgates finally opened for the two. The couple, who are the hosts of reality TV show Love Is Blind, officially married in an intimate ceremony in 2011.

Over the years, they’ve ventured into diverse avenues, from music and modelling to successful business projects, enriching their individual fortunes. However, it’s their joint collaborations — whether hosting Netflix’s beloved reality dating show Love Is Blind or The Ultimatum, that have truly catapulted Nick and Vanessa Lachey’s net worth to remarkable heights. As we delve into their inspiring financial journey, we uncover the fascinating story of this power couple who found love, family, and success against the glittering backdrop of Hollywood.

Love Is Blind hosts Nick and Vanessa Lachey’s net worth decoded

Before we delve into the combined net worth of Nick and Vanessa Lachey, let’s take a quick look at how they met.

Nick Lachey and Vanessa Minnillo’s relationship timeline

Nick and Vanessa Lachey net worth love is blind hosts
The Lacheys enjoying an NBA game in 2007. Nick and Vanessa Lachey are currently the hosts of reality TV show Love Is Blind. (Image credit: James Devaney/Getty Images)

The couple first met while filming for the same MTV show in New York in 2003. Vanessa, who was known as Vanessa Minnillo at the time, was working as a presenter for Total Request Live (TRL). Speaking to Billboard magazine in 2017, Nick explained more about how he first met Vanessa. “I wouldn’t necessarily say TRL brought us together,” he said, “But that was definitely part of our time together — me being a musician and her being on-air talent. I saw her multiple times throughout the years when she was on TRL.”

Following the then-32-year-old’s divorce from his wife Jessica Simpson, Vanessa starred in one of the singer’s music videos in February 2006. The NCIS actress played Nick’s love interest in the video for ‘What’s Left of Me’, and later revealed to Billboard in 2017 that their irresistible chemistry paved the way for the couple to begin dating. Despite dating for two years, in June 2009, the couple split and decided to see other people.  However, this bump in their relationship didn’t last for long, and by October, Nick and Vanessa were back together.

The couple tied the knot on July 15, 2011, in the presence of 35 of their closest friends. The television personalities have three children together: Camden, eleven, Brooklyn, eight, and six-year-old Phoenix.

How does Nick Lachey make his money?

1. Music career

 

View this post on Instagram

 

A post shared by Nick Lachey (@nicklachey)

Nick Lachey’s journey to financial success is intrinsically linked to his early career as a musician. He first gained prominence as the lead vocalist of the boy band, 98 Degrees, during the late ’90s and early 2000s. The group achieved substantial commercial success, securing multiple chart-topping hits on the Billboard 200 and the Hot 100 lists. Over the years, 98 Degrees sold over 7.5 million albums and 2.5 million singles in the United States alone, underscoring their impact on the music industry.

After a brief hiatus in 2002, Nick embarked on a solo career, releasing four full-length albums, two of which charted on the Billboard 200. His second solo album, ‘What’s Left of Me,’ was particularly successful, peaking at No. 2. This album spawned two solo hits on the Hot 100: ‘What’s Left of Me’ (No. 6) and ‘I Can’t Hate You Anymore’ (No. 87). Additionally, Nick’s collaboration with his then-wife Jessica Simpson on ‘Where You Are’ further added to his musical accomplishments. Notably, his album achieved gold certification, signifying its sale of over half a million units in the United States.

While Nick Lachey’s contributions as a songwriter are evident in his own work and certain 98 Degrees tracks, many of the group’s hit singles were penned by other talented writers. Beyond music, Nick’s journey has also included extensive global tours both as part of 98 Degrees and as a solo artist, further contributing to his multifaceted income streams and financial success, although specific details remain private.

2. TV and films

In the early stages of his film and TV career, Nick primarily pursued an acting path rather than assuming his later role as a reality TV host. He secured guest appearances and recurring roles on popular programs, including American Dreams, Charmed, Hope & Faith, I’m With Her, and Hawaii Five-0. Additionally, he ventured into the world of cinema — featuring in movies such as Bewitched, The Hard Easy, and Rise: Blood Hunter.

Transitioning into a second career phase, Nick embraced roles as a judge and host on various reality shows. Notable among these gigs are series like Alter Ego, Big Morning Buzz Live, and The Sing-Off. The exact financial details of his earnings from hosting, judging, and acting endeavours remain undisclosed to the public but it can be assumed to be a sizeable portion of the couple’s financial assets.

3. Sports franchise

Nick, a self-professed sports enthusiast, has made multiple forays into the world of sporting franchises. In 2006, he joined a consort of celebrities to establish a fresh team within the American Basketball Association — aptly christened the Hollywood Fame. However, it’s worth noting that by 2023, the team had been dissolved and ceased to exist.

He was also a part-owner of the baseball team the Tacoma Rainiers, an AAA affiliate of the Seattle Mariners. He spoke to ESPN about his role in the organisation back in, saying, “It’s difficult for me not being a local owner, with living out of state and being busy. I don’t make it around as much as I’d like to. I’ve just tried to be a supportive voice for this team, and hopefully, we’ve brought some good publicity to the area.”

4. Divorce settlement

Nick Lachey and Jessica Simpson. Lachey is the host of Love Is Blind
Nick Lachey and his ex-wife Jessica Simpson in 1999. (Image credit: Jim Smeal/Ron Galella Collection via Getty Images)

One of the most sizeable additions to Nick’s net worth comes from his divorce settlement with Jessica Simpson. When the couple ended their marriage in 2005, there wasn’t a prenuptial agreement in place, and in the end, she had to pay him a reported USD 12 million. Even after legal fees, it’s likely Lachey still took home a decent amount of money.

5. Other advertisements

Nick has always boasted a diverse endorsement portfolio over the years, allowing him to earn money as a result of lending his name, face, and influence. Throughout the two decades as a celebrity, he has worked with companies like Axe, Bud Light, Cincinnati Bell, Hornblower Cruises, Subway, and Twix.

Today, Lachey has a total follower count of just a few thousand short of the 1 million mark on Instagram. Through his platform, the 49-year-old frequently promotes products and experiences — all of which add a significant amount to his overall net worth.

How does Vanessa Lachey make her money?

1. TV and modelling career

 

View this post on Instagram

 

A post shared by Nick Lachey (@nicklachey)

Prior to marrying Nick, Vanessa excelled both as an actor and a host. Her acting credits include memorable roles in acclaimed shows like The Bold and the Beautiful, Dads, Truth Be Told, BH90210, Call Me Kat, and her latest endeavor, NCIS: Hawai’i, where she’s a lead character. Vanessa has also made appearances in well-loved series such as 30 Rock, How I Met Your Mother, CSI: NY, Psych, and American Housewife, among numerous other projects. As a judge and host, she has been featured on shows like Beat Seekers, Entertainment Tonight, Top Chef Junior, The Talk, Wipeout, True Beauty, and various Miss USA pageant editions. While Vanessa’s earnings from her television work remain private, it’s evident that it played a pivotal role in her financial success.

Vanessa also embarked on a modelling journey, gracing magazine covers and representing brands in the initial stages of her career. Notably, in 2007, she was chosen as the face of Bongo Jeans. Her television air-time also allowed her to collaborate with several brands, participate in promotions, and diversify her advertisement profile. Her brand affiliations extend to companies such as Rice Krispies and Pampers.

2. Other ventures

In 2007, Vanessa launched a cosmetics line called Flirt! which was at one time sold in Kohl’s stores across the US, though that company is no longer in business. In 2021, Vanessa released her first book, “Life from Scratch: Family Traditions That Start with You.” The TV star promoted the title heavily, but sales numbers aren’t available.

How do Nick and Vanessa Lachey make money together?

1. OTT gigs

A big chunk of Nick and Vanessa Lachey’s net worth comes from their joint OTT careers. Since 2020, Nick and Vanessa Lachey have assumed hosting duties for Netflix’s immensely popular reality dating series, Love Is Blind. Their involvement began with the first season, which rapidly climbed the ranks to become one of the streaming giant’s top 10 most-watched shows. Within a month of its premiere, Love Is Blind secured a renewal for two additional seasons. Following the launch of Season 2 in February 2022, Netflix once again extended the show’s run, assuring its continuation. Love is Blind season 5 premiered in September 2023 and concluded on October 15.

In April 2022, the Lacheys embarked on another joint venture with Netflix, co-hosting The Ultimatum. This unique series challenges couples to either commit to marriage or part ways, all while living with potential alternative matches. Netflix’s swift decision to greenlight a second season featuring an all-queer cast underscored the show’s appeal. With each project, the Lacheys’ financial portfolio continues to flourish, further bolstering their growing net worth.

2. Real estate

Over the course of their relationship, the Lacheys have ventured into the world of real estate, purchasing and selling multiple properties and potentially amassing significant profits. However, the exact figures regarding their earnings from these transactions remain undisclosed to the public.

In 2011, the couple acquired a residence in Encino, California, for USD 2.85 million, later selling it for USD 4 million just five years later. They procured another property in the same neighbourhood for USD 4.15 million, eventually parting with it in 2019 for USD 6.6 million. Their real estate portfolio also encompassed another California property, originally valued at USD 4.8 million, which was bought by tennis player Naomi Osaka in February 2022. When examining their collective real estate dealings, the Lacheys’ potential earnings from property transactions might amount to USD 3.5 million.

The combined net worth of Nick and Vanessa Lachey of Love Is Blind

The two stars have a combined net worth of USD 25 million, according to Celebrity Net Worth. Between their Netflix reality shows like Love Is Blind and their lucrative real estate investments, the Lacheys continue to be couple goals with their wise business decisions and list of assets.


Watch Love Is Blind

(Main and Featured image: Nick Lachey/Instagram)

This article was first published in PrestigeOnline Malaysia.

Frequently Asked Questions

Is there a Love Is Blind season 6? 

While Netflix hasn’t officially renewed Love Is Blind for a sixth season, production company Kinetic Content Casting has previously posted open casting calls for singles in multiple cities that have yet to be featured on the unscripted dating show — indicating its potential return for a new season.

Are Nick and Vanessa still together? 

Yes, Nick and Vanessa Lachey are still together and married.

How many kids do Nick and Vanessa Lachey have? 

Nick and Vanessa Lachey have three kids, Camden John Lachey, 11, Brooklyn Elisabeth Lachey, 8, and Phoenix Robert Lachey, 6.

How long were Nick and Jessica Simpson married? 

Nick Lachey and Jessica Simpson were married from 2002 to 2006 and starred in two seasons of Newlyweds while they were wed.

When did Nick and Vanessa Lachey take a break? 

After three years of dating at the time, Nick and Vanessa took time off from their relationship in the months between June and October, 2009.

The post We Examine <i>Love Is Blind</i> Hosts Nick and Vanessa Lachey’s Impressive Joint Net Worth appeared first on Prestige Online - HongKong.

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Nick and Vanessa Lachey’s net worth is a testament to the incredible journey this TV couple has shared for over two decades. At the time when their lives intersected in 2003, Nick Lachey was a boyband wonder with 98 Degrees and Vanessa Minnillo was hosting MTV’s Total Request Live. The duo may have been intertwined with other life commitments then— Nick being married to singer Jessica Simpson, but it was only after his divorce in 2006, that the dating floodgates finally opened for the two. The couple, who are the hosts of reality TV show Love Is Blind, officially married in an intimate ceremony in 2011.

Over the years, they’ve ventured into diverse avenues, from music and modelling to successful business projects, enriching their individual fortunes. However, it’s their joint collaborations — whether hosting Netflix’s beloved reality dating show Love Is Blind or The Ultimatum, that have truly catapulted Nick and Vanessa Lachey’s net worth to remarkable heights. As we delve into their inspiring financial journey, we uncover the fascinating story of this power couple who found love, family, and success against the glittering backdrop of Hollywood.

Love Is Blind hosts Nick and Vanessa Lachey’s net worth decoded

Before we delve into the combined net worth of Nick and Vanessa Lachey, let’s take a quick look at how they met.

Nick Lachey and Vanessa Minnillo’s relationship timeline

Nick and Vanessa Lachey net worth love is blind hosts
The Lacheys enjoying an NBA game in 2007. Nick and Vanessa Lachey are currently the hosts of reality TV show Love Is Blind. (Image credit: James Devaney/Getty Images)

The couple first met while filming for the same MTV show in New York in 2003. Vanessa, who was known as Vanessa Minnillo at the time, was working as a presenter for Total Request Live (TRL). Speaking to Billboard magazine in 2017, Nick explained more about how he first met Vanessa. “I wouldn’t necessarily say TRL brought us together,” he said, “But that was definitely part of our time together — me being a musician and her being on-air talent. I saw her multiple times throughout the years when she was on TRL.”

Following the then-32-year-old’s divorce from his wife Jessica Simpson, Vanessa starred in one of the singer’s music videos in February 2006. The NCIS actress played Nick’s love interest in the video for ‘What’s Left of Me’, and later revealed to Billboard in 2017 that their irresistible chemistry paved the way for the couple to begin dating. Despite dating for two years, in June 2009, the couple split and decided to see other people.  However, this bump in their relationship didn’t last for long, and by October, Nick and Vanessa were back together.

The couple tied the knot on July 15, 2011, in the presence of 35 of their closest friends. The television personalities have three children together: Camden, eleven, Brooklyn, eight, and six-year-old Phoenix.

How does Nick Lachey make his money?

1. Music career

 

View this post on Instagram

 

A post shared by Nick Lachey (@nicklachey)

Nick Lachey’s journey to financial success is intrinsically linked to his early career as a musician. He first gained prominence as the lead vocalist of the boy band, 98 Degrees, during the late ’90s and early 2000s. The group achieved substantial commercial success, securing multiple chart-topping hits on the Billboard 200 and the Hot 100 lists. Over the years, 98 Degrees sold over 7.5 million albums and 2.5 million singles in the United States alone, underscoring their impact on the music industry.

After a brief hiatus in 2002, Nick embarked on a solo career, releasing four full-length albums, two of which charted on the Billboard 200. His second solo album, ‘What’s Left of Me,’ was particularly successful, peaking at No. 2. This album spawned two solo hits on the Hot 100: ‘What’s Left of Me’ (No. 6) and ‘I Can’t Hate You Anymore’ (No. 87). Additionally, Nick’s collaboration with his then-wife Jessica Simpson on ‘Where You Are’ further added to his musical accomplishments. Notably, his album achieved gold certification, signifying its sale of over half a million units in the United States.

While Nick Lachey’s contributions as a songwriter are evident in his own work and certain 98 Degrees tracks, many of the group’s hit singles were penned by other talented writers. Beyond music, Nick’s journey has also included extensive global tours both as part of 98 Degrees and as a solo artist, further contributing to his multifaceted income streams and financial success, although specific details remain private.

2. TV and films

In the early stages of his film and TV career, Nick primarily pursued an acting path rather than assuming his later role as a reality TV host. He secured guest appearances and recurring roles on popular programs, including American Dreams, Charmed, Hope & Faith, I’m With Her, and Hawaii Five-0. Additionally, he ventured into the world of cinema — featuring in movies such as Bewitched, The Hard Easy, and Rise: Blood Hunter.

Transitioning into a second career phase, Nick embraced roles as a judge and host on various reality shows. Notable among these gigs are series like Alter Ego, Big Morning Buzz Live, and The Sing-Off. The exact financial details of his earnings from hosting, judging, and acting endeavours remain undisclosed to the public but it can be assumed to be a sizeable portion of the couple’s financial assets.

3. Sports franchise

Nick, a self-professed sports enthusiast, has made multiple forays into the world of sporting franchises. In 2006, he joined a consort of celebrities to establish a fresh team within the American Basketball Association — aptly christened the Hollywood Fame. However, it’s worth noting that by 2023, the team had been dissolved and ceased to exist.

He was also a part-owner of the baseball team the Tacoma Rainiers, an AAA affiliate of the Seattle Mariners. He spoke to ESPN about his role in the organisation back in, saying, “It’s difficult for me not being a local owner, with living out of state and being busy. I don’t make it around as much as I’d like to. I’ve just tried to be a supportive voice for this team, and hopefully, we’ve brought some good publicity to the area.”

4. Divorce settlement

Nick Lachey and Jessica Simpson. Lachey is the host of Love Is Blind
Nick Lachey and his ex-wife Jessica Simpson in 1999. (Image credit: Jim Smeal/Ron Galella Collection via Getty Images)

One of the most sizeable additions to Nick’s net worth comes from his divorce settlement with Jessica Simpson. When the couple ended their marriage in 2005, there wasn’t a prenuptial agreement in place, and in the end, she had to pay him a reported USD 12 million. Even after legal fees, it’s likely Lachey still took home a decent amount of money.

5. Other advertisements

Nick has always boasted a diverse endorsement portfolio over the years, allowing him to earn money as a result of lending his name, face, and influence. Throughout the two decades as a celebrity, he has worked with companies like Axe, Bud Light, Cincinnati Bell, Hornblower Cruises, Subway, and Twix.

Today, Lachey has a total follower count of just a few thousand short of the 1 million mark on Instagram. Through his platform, the 49-year-old frequently promotes products and experiences — all of which add a significant amount to his overall net worth.

How does Vanessa Lachey make her money?

1. TV and modelling career

 

View this post on Instagram

 

A post shared by Nick Lachey (@nicklachey)

Prior to marrying Nick, Vanessa excelled both as an actor and a host. Her acting credits include memorable roles in acclaimed shows like The Bold and the Beautiful, Dads, Truth Be Told, BH90210, Call Me Kat, and her latest endeavor, NCIS: Hawai’i, where she’s a lead character. Vanessa has also made appearances in well-loved series such as 30 Rock, How I Met Your Mother, CSI: NY, Psych, and American Housewife, among numerous other projects. As a judge and host, she has been featured on shows like Beat Seekers, Entertainment Tonight, Top Chef Junior, The Talk, Wipeout, True Beauty, and various Miss USA pageant editions. While Vanessa’s earnings from her television work remain private, it’s evident that it played a pivotal role in her financial success.

Vanessa also embarked on a modelling journey, gracing magazine covers and representing brands in the initial stages of her career. Notably, in 2007, she was chosen as the face of Bongo Jeans. Her television air-time also allowed her to collaborate with several brands, participate in promotions, and diversify her advertisement profile. Her brand affiliations extend to companies such as Rice Krispies and Pampers.

2. Other ventures

In 2007, Vanessa launched a cosmetics line called Flirt! which was at one time sold in Kohl’s stores across the US, though that company is no longer in business. In 2021, Vanessa released her first book, “Life from Scratch: Family Traditions That Start with You.” The TV star promoted the title heavily, but sales numbers aren’t available.

How do Nick and Vanessa Lachey make money together?

1. OTT gigs

A big chunk of Nick and Vanessa Lachey’s net worth comes from their joint OTT careers. Since 2020, Nick and Vanessa Lachey have assumed hosting duties for Netflix’s immensely popular reality dating series, Love Is Blind. Their involvement began with the first season, which rapidly climbed the ranks to become one of the streaming giant’s top 10 most-watched shows. Within a month of its premiere, Love Is Blind secured a renewal for two additional seasons. Following the launch of Season 2 in February 2022, Netflix once again extended the show’s run, assuring its continuation. Love is Blind season 5 premiered in September 2023 and concluded on October 15.

In April 2022, the Lacheys embarked on another joint venture with Netflix, co-hosting The Ultimatum. This unique series challenges couples to either commit to marriage or part ways, all while living with potential alternative matches. Netflix’s swift decision to greenlight a second season featuring an all-queer cast underscored the show’s appeal. With each project, the Lacheys’ financial portfolio continues to flourish, further bolstering their growing net worth.

2. Real estate

Over the course of their relationship, the Lacheys have ventured into the world of real estate, purchasing and selling multiple properties and potentially amassing significant profits. However, the exact figures regarding their earnings from these transactions remain undisclosed to the public.

In 2011, the couple acquired a residence in Encino, California, for USD 2.85 million, later selling it for USD 4 million just five years later. They procured another property in the same neighbourhood for USD 4.15 million, eventually parting with it in 2019 for USD 6.6 million. Their real estate portfolio also encompassed another California property, originally valued at USD 4.8 million, which was bought by tennis player Naomi Osaka in February 2022. When examining their collective real estate dealings, the Lacheys’ potential earnings from property transactions might amount to USD 3.5 million.

The combined net worth of Nick and Vanessa Lachey of Love Is Blind

The two stars have a combined net worth of USD 25 million, according to Celebrity Net Worth. Between their Netflix reality shows like Love Is Blind and their lucrative real estate investments, the Lacheys continue to be couple goals with their wise business decisions and list of assets.

Watch Love Is Blind

(Main and Featured image: Nick Lachey/Instagram)

This article was first published in PrestigeOnline Malaysia.

Frequently Asked Questions

Is there a Love Is Blind season 6? 

While Netflix hasn’t officially renewed Love Is Blind for a sixth season, production company Kinetic Content Casting has previously posted open casting calls for singles in multiple cities that have yet to be featured on the unscripted dating show — indicating its potential return for a new season.

Are Nick and Vanessa still together? 

Yes, Nick and Vanessa Lachey are still together and married.

How many kids do Nick and Vanessa Lachey have? 

Nick and Vanessa Lachey have three kids, Camden John Lachey, 11, Brooklyn Elisabeth Lachey, 8, and Phoenix Robert Lachey, 6.

How long were Nick and Jessica Simpson married? 

Nick Lachey and Jessica Simpson were married from 2002 to 2006 and starred in two seasons of Newlyweds while they were wed.

When did Nick and Vanessa Lachey take a break? 

After three years of dating at the time, Nick and Vanessa took time off from their relationship in the months between June and October, 2009.

The post We Examine <i>Love Is Blind</i> Hosts Nick and Vanessa Lachey’s Impressive Joint Net Worth appeared first on Prestige Online - HongKong.

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Things to Know About Chess Genius Magnus Carlsen and His Net Worth https://www.prestigeonline.com/hk/lifestyle/culture-plus-entertainment/magnus-carlsen-net-worth-and-things-to-know/ Wed, 18 Oct 2023 03:00:32 +0000 https://www.prestigeonline.com/hk/?p=288474 Magnus Carlsen net worth

Magnus Carlsen is undoubtedly the greatest chess player of all time. His numerous successes in the game from an early age have helped him become one of the highest-earning chess players of all time. But more importantly, his demographic appeal, charismatic personality and genius-level intelligence have contributed to the net worth of Magnus Carlsen in the form of brand endorsements and his corporate push.

Sven Magnus Øen Carlsen was born on 30 November 1990 in Tønsberg, Norway, to Sigrun Øen and Henrik Albert Carlsen. He showed tremendous potential as a genius from an early age. His father taught him to play chess at five.

His exceptional memory helped him quickly compute multiple combinations of moves on the board. As a result, he began playing professional tournaments at the age of eight.

Throughout his career, Carlsen has five World Champion titles, four World Rapid Championships and six World Blitz Championships to his name. These three are the most prominent chess championships and are held by the game’s governing body, Fédération Internationale des Échecs (FIDE), or International Chess Federation.

He is the reigning champion in Rapid and Blitz formats and holds the record for the highest number of championship wins in the two.

TIME magazine named him one of the 100 most influential people in the world in April 2013 and the UK edition of Cosmopolitan included him among its Sexiest Men list the same year.

“I had the opportunity to train Carlsen in 2009, and his intuitive style conserves the mystique of chess at a time when every CPU-enhanced fan thinks the game is easy. Carlsen is as charismatic and independent as he is talented,” wrote Russian chess great Garry Kasparov for Carlsen in the latter’s profile for TIME.

In a prescient observation, Kasparov noted, “If he can rekindle the world’s fascination with the royal game, we will soon be living in the Carlsen Era.”

Magnus Carlsen: The style of his play

Carlsen 1
Image credit: Magnus Carlsen/@MagnusCarlsen/Twitter

Magnus Carlsen’s playing style has been compared to that of some of the greatest chess players of all time, such as Karpov, Kasparov and the late American chess great Bobby Fischer. He is also a unique player in his own right and has a combination of strengths that makes him one of the most difficult players to beat in the world.

While his playing style is particularly characterised by its versatility and adaptability, it also includes flexibility. Carlsen can adapt his play to suit his opponent and his position on the board. He is not afraid to change his plans, if necessary, and is always looking for new and creative ways to win.

Chess technically has three phases: opening, middle-game and endgame. Carlsen is comfortable in all three phases and can play each in various ways.

In the opening, Carlsen is known for his wide and varied repertoire. He avoids specialising in any particular opening, as this would make it easier for his opponents to prepare against him. Instead, he prefers to mix things up and keep his opponents guessing.

One of Carlsen’s strengths in the opening is his ability to get good positions out of bad openings. He can calculate long and complicated variations while looking for new and creative ways to open the game. It has been observed that if he makes a mistake in the opening, he usually finds a way to recover and get back in a playable — sometimes stronger — position.

 

View this post on Instagram

 

A post shared by Magnus Carlsen (@magnus_carlsen)

Carlsen is a master of positional play in middle-game. He can create small advantages over his opponents and gradually convert them into wins. He is also a skilled tactician and is always on the lookout for opportunities to attack his opponents’ weaknesses.

What distinguishes Carlsen from other grandmasters is how he executes the endgame. In fact, the Norwegian is known for being one of the greatest chess players in history when it comes to his endgame. He has an in-depth understanding of endgame theory and can convert even the most difficult of endings into wins. His opponents are often left dumbstruck by the blitzkrieg tactics he deploys during the endgame with a precision that demolishes the opposing strategy on the board. This is most visible in the blitz games he plays, which require exceptional endgame expertise.

One of the most notable aspects of Carlsen’s playing style is his composure under pressure. He can maintain his focus and concentration even in the most tense and difficult of situations. This is one of the things that makes him so difficult to beat.

The ‘Carlsen Era’

Magnus Carlsen’s rise to global fame began with his first tournament victory in January 2004 at Wijk aan Zee in the Netherlands. It led American chess player Lubomir Kavalek to dub him the “Mozart of chess.”

Two months later, he defeated former world champion, the Russian legend Anatoly Karpov, at a blitz tournament in Reykjavík, Iceland. He also drew a game against Kasparov.

After finishing in second place at the Dubai Open Chess Championship in April 2004, he was named Grandmaster. At the time, Carlsen was 13 years old.

World Championship reign

Magnus Carlsen plays chess
Image credit: Magnus Carlsen/@magnus_carlsen/Instagram

Magnus Carlsen won his first FIDE World Championship in 2013, defeating the then-reigning champion Viswanathan Anand, the legendary Indian grandmaster, in a 12-game match held in Chennai, India. He was only 22 years old at the time, and therefore, was the second-youngest world champion (after Kasparov).

His first defence of the title came the following year when he met Anand in a rematch at the 2014 World Championship in Sochi, Russia. Carlsen again displayed his formidable arsenal of moves to win with a score of 6.5-4.5.

At the 2016 World Championship, held in New York City, Carlsen met Russian grandmaster Sergey Karjakin for his third title defence. The game was closely contested and Carlsen managed to win with a tiebreaker in rapid chess games, securing a 9-7 victory.

His most challenging opponent at the top level to date has been American grandmaster Fabiano Caruana. The two met at the 2018 World Championship in London. They played 12 classical games, but it led to a tie of 6-6. This warranted a series of rapid and blitz tiebreakers, which Carlsen won 3-0 to retain his title.

Carlsen went up against Russian grandmaster Ian Nepomniachtchi at the 2020 World Championship, which was played in 2021 because of the pandemic delay. The two met in Dubai where Carlsen easily dispatched his opponent with a score of 7.5-3.5.

In 2022, Carlsen announced he would not compete in the World Championships in the future.

“I feel I don’t have a lot to gain, I don’t particularly like [the championship matches], and although I’m sure a match would be interesting for historical reasons and all of that, I don’t have any inclination to play and I will simply not play the match,” he said on The Magnus Effect, the podcast of his sponsor, in July 2022.

Following his public announcement, FIDE President Arkady Dvorkovich said in a statement that the governing body had tried to convince Carlsen and address his concerns earlier in May but could not “change his mind.”

“His decision not to defend his title is undoubtedly a disappointment for the fans, and bad news for the spectacle. It leaves a big void. But chess is now stronger than ever – in part, thanks to Magnus – and the World Championship Match, one of the longest and most respected traditions in the world of sports, will go on,” Dvorkovich added.

The decision led to the abdication of his title, meaning that he went out unbeaten.

In his absence, the title was up for grabs in the 2023 edition in Astana, Kazakhstan. World No. 2 Ian Nepomniachtchi and World No. 3 Ding Liren competed, with the latter winning it to become the 17th world champion and the first Chinese male chess player to do so.

Yet, it was anyone’s observation that the competition was of little significance without Carlsen. One of the most prominent names who openly said it was Kasparov, who, ahead of the event in an interview with the Saint Louis Chess Club in March, downplayed the significance of the match between Nepomniachtchi and Ding, saying, “It’s a pity Magnus is not there and, naturally, the match between Nepo and Ding is a great show anyway, but it’s not a World Championship match.”

FIDE World Rapid & Blitz titles held by Magnus Carlsen

FIDE has been holding a combined World Rapid & Blitz Championships since 2012, after organising both tournaments separately for years prior. As such, players can compete in both tournaments at the same time in the same host city.

Rapid is 15 minutes per player for the entire game, plus a 10 seconds per move increment. Blitz, on the other hand, is three minutes per player per game with a two seconds per move increment.

Magnus Carlsen won his first FIDE World Blitz Championship in 2009 in Moscow, before the tournament was held in conjunction with the World Rapid event. He won the event with 31.0 points from 42 games in the round-robin format. His points were three more than World Champion Viswanathan Anand, who came second, and six points ahead of third-placed Sergey Karjakin. At the time, Carlsen was only 18 years old.

Carlsen made history in 2014, two years after the two events were combined by FIDE when he won both the World Rapid and World Blitz championships in Dubai. Since he was the reigning World Champion in the regular format, it made him the first player to hold the three major FIDE world titles at the same time.

He repeated the triple crown feat two times more, once in 2019 with his win in both World Rapid and World Blitz in Moscow and again in 2022 in Almaty. Carlsen is the only player in chess history to hold all three titles at the same time, and he did that three times over.

Besides the triple crown victories, he also won the World Rapid title in Berlin in 2015. He won the World Blitz Championship in Riyadh in 2017 and in Saint Petersburg in 2018. His consecutive three victories in the World Blitz championships between 2017 and 2019 make him the only player with three consecutive wins in the tournament.

Since he will continue to participate in the FIDE World Rapid & Blitz Championships, he is the reigning champion in both.

Magnus Carlsen finally wins the Chess World Cup

Pragg Carlsen
Image credit: Maria Emelianova via International Chess Federation/@FIDE_chess/Twitter

Until August 2023, the only major chess tournament missing from Magnus Carlsen’s illustrious cabinet of victories was the World Cup of chess.

Officially known as the FIDE World Cup, Carlsen finally won it in Baku, Azerbaijan, when he defeated Indian grandmaster Rameshbabu Praggnanandhaa in an epic encounter that made headlines around the world for the intelligent tactics deployed by both players throughout the tournament.

Praggnanandhaa has turned out to be one of Carlsen’s most formidable younger opponents in recent years. The two players have had 21 face-offs, with Carlsen leading Praggnanandhaa 8 to 5. The rest ended in draws.

The first two games, played in the classical format, in the finals of the 2023 FIDE World Cup between Carlsen and Praggnanandhaa ended in draws. It was after this that Carlsen showed his remarkable composure under pressure in the rapid game to defeat Praggnanandhaa and lift his maiden World Cup.

Carlsen had previously tried to win the World Cup multiple times. In fact, he played in two tournaments before he became a world champion. The first was in 2005 at Khanty-Mansiysk in Russia, where he finished 10th. The second was in 2007 in the same city. He was only 17 years old at the time and finished in third place after losing to the eventual winner, Soviet-bon American grandmaster Gata Kamsky, in the semi-finals.

Carlsen had also attempted to win the World Cup in the years after becoming the World Champion, but the closest he could come before eventually winning it was in 2021 when he again finished third place after losing to Duda.

FIDE World No.1 and Elo rating record

In the five years after becoming a grandmaster in 2004, Carlsen amassed numerous tournament victories and kept climbing through the FIDE ranks. The governing body announced in January 2010 that Carlsen was the new World No.1. At the time, he was 19 years old and, therefore, the youngest player to reach the top rank.

The rank kept shuttling between Carlsen and Anand till July 2011, when the Norwegian regained it. Carlsen has since remained the FIDE World No.1 and currently holds the second-longest streak at the top spot after Kasparov.

He is also a record holder in the Elo rating system, a metric named after Hungarian-American physics professor Arpad Elo, which calculates the relative skill levels of players in zero-sum games.

 

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Elo ratings keep changing for every player throughout their career depending on their performance and are different across the three main formats of chess: standard (classical), rapid and blitz, the last two of which are time-controlled games.

Carlsen reached his peak Elo rating of 2882 twice, in May 2014 and then in August 2019. No other chess player in history has ever reached Carlsen’s Elo rating, which is over 31 points more than that of second-placed Kasparov’s peak Elo rating of 2851.

As of October 2023, his Elo rating is 2839 in the standard game, 2818 in rapid, and 2887 in blitz.

Longest undefeated streak and overall win-loss record

Magnus Carlsen holds the Guinness World Record for the longest undefeated streak in chess.

From 2018 to 2020, the Norwegian genius did not lose 125 consecutive games that he played across tournaments. Of them, 42 were wins and 83 were draws.

No chess player in history has ever gone anywhere close to his streak, which, in the eyes of some observers, technically means that Carlsen is the greatest chess player of all time.

The streak ended in October 2020 when he was defeated by Polish grandmaster Jan-Krzysztof Duda in round five of the Norway Chess tournament. At the time, Duda was world No.15.

FIDE data shows that he has won 799, lost 200 and drawn 847 games in his career. The data reveals that he has a higher percentage of wins when playing with white. Across the three formats, he has the highest percentage of wins in blitz (proof of his endgame expertise), whether playing with white or black, and the lowest in classical when playing with black.

Net worth of Magnus Carlsen and his earnings

There is no confirmation on how much exactly is the net worth of Magnus Carlsen. Some reports put that figure at USD 25 million, others estimate it to be around USD 50 million. Whatever his net worth, Carlsen’s wealth has three primary sources: his company Play Magnus AS (or Play Magnus Group), his brand endorsements and his earnings from chess.

Play Magnus Group and Offerspill Sjakklubb

Magnus Carlsen net worth
Image credit: European Chess Union/@ECUonline/Twitter

In October 2013, Carlsen co-founded the Play Magnus AS with his manager Anders Brandt and investor Espen Adgestein. According to Forbes, he invested just USD 13,000 for a 60 per cent stake in the company.

In 2020, the company was listed on the Merkur Market of the Oslo Stock Exchange with a valuation that settled at USD 100 million. This, according to Forbes, made Carlsen’s share worth USD 12 million at the time.

According to a November 2021 report by The New York Times (NYT), the market capitalisation of the company was USD 115 million at the time. The report also threw more light on Carlsen’s stake in it. It said that the chess great’s parents, Henrik and Sigrun, founded a company named Magnus Chess in 2016 to help their son become financially independent by the age of 25 in case he decided to stop playing.

Magnus Chess held about 9.5 per cent of Play Magnus Group. Carlsen’s share in Magnus Chess was about 85 per cent, which means that his equity stake was around USD 9 million in Play Magnus Group as of November 2021.

Play Magnus is behind the gaming app suite of the same name which as of October 2023 has over 5 million downloads across platforms for four different games.

Prominent brands that are part of Play Magnus Group include Chessable, Magnus Chess Academy, Chess24 and Champions Chess Tour.

In August 2022, it was announced that Play Magnus Group agreed to a takeover bid by Chess Growthco — the parent company of Chess.com — for around USD 83 million.

“It has been amazing to experience the growth of Play Magnus Group since 2013, and I would like to take the opportunity to thank the whole team for their efforts in developing the company and positively impacting the chess world,” Carlsen said in a statement at the time.

“Now we are entering a new era, and the combination of these two companies creates opportunities for the game of chess that no one has imagined before. I have great respect and admiration for Chess.com and what they have achieved. I look forward to begin working with the Chess.com team to create the best future for chess,” he added.

Following the deal, which was finalised in December 2022, Play Magnus Group became part of Chess.com. Carlsen became the brand ambassador of Chess.com in an agreement with the latter. As such, he is contracted to play in Chess.com events such as the Speed Chess Championship.

Carlsen founded Offerspill Sjakklubb (Offerspill Chess Club) in Norway in 2019.

The club has some of the world’s best chess players as members, including Carlsen, Praggnanandhaa, Raunak Sadhwani, Teja Vidic, Aryan Tari, Pranav Venkatesh, Eric Hansen, Christiansen Johan-Sebastian, Frode Olav Olsen Urkedal and Haldorsen Benjamin.

Praggnanandhaa’s coach, RB Ramesh, is the head coach at Carlsen’s club. Offerspill Chess Club won the 38th European Chess Club Cup in Durres, Albania, in October 2023.

Brand endorsements by Magnus Carlsen

Magnus Carlsen brands
Image credit: Magnus Carlsen/@magnus_carlsen/Instagram

Magnus Carlsen is credited with having made chess a far more popular sport than it ever was. The fact that no one before him created such a brand value around chess has been acknowledged by several mainstream media houses, sports observers and market watchers. He is active on social media, where he often shares posts showcasing his highly active lifestyle and interest in fitness, football and other arenas that might come across as the very opposite of the perception around chess players.

 

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Carlsen modelled for G-Star Raw’s Fall/Winter 2010 advertising campaign with Hollywood star Liv Tyler.

According to the NYT report, Carlsen has “several private sponsorship agreements, including with Unibet, a sports betting site; Isklar, a Norwegian water company; and Simonsen Vogt Wiig, a Norwegian law firm.”

Mastercard named him the global brand ambassador in September 2021. German sportswear brand Puma made its foray into the world of chess with a long-term partnership with Carlsen in February 2022.

Puma Carlsen
Image credit: Magnus Carlsen/@MagnusCarlsen/Twitter

In April 2022, Unibet’s parent, Kindred Group, signed a two-year extension of its partnership with Carlsen as well as its sponsorship of his club, Offerspill.

Prize money from the sport is the third major source of the overall net worth of Magnus Carlsen.

According to a January 2023 Chess.com report, Carlsen has earned the most in the form of prize money among all players in history.

He earned around USD 560,000 in major tournament prizes through 2022 alone. Chess.com revealed that including Champions Chess Tour (CCT), Norway Chess and both the FIDE World Rapid & Blitz Championships, Carlsen played just seven tournaments in 2022. By comparison, Filipino-American Grandmaster Wesley So, who was the second-highest earner of the year, made USD 541,632 from 14 tournaments.

At the time, the report placed Carlsen behind Vishwanathan Anand on the list of the highest earners in prize money in their career. Anand’s career total was around USD 9.46 million, which gave him the top spot, while Carlsen was at USD 9.43 million at the end of 2022.

When the Norwegian won the 2023 FIDE World Cup, he took home the prize money of USD 110,000. Thus, it can be concluded that Carlsen now officially leads the list of the highest-earning chess players in prize money in career.

A September 2021 report by Forbes revealed that Carlsen was the highest-earning e-sports player in the world in 2020. Playing under the username DrNykterstein on Chess24, Carlsen earned USD 510,587 throughout the year on the platform.

(Main image: Dean Mouhtaropoulos/ Getty Images; Featured image: Magnus Carlsen/@magnus_carlsen/Instagram)

Frequently Asked Questions (FAQs)

– Who is the richest chess player?

The richest chess player in the world is Magnus Carlsen.

– Who is the richest grandmaster in chess?

The richest grandmaster in chess is Magnus Carlsen.

– Is Magnus Carlsen the best chess player of all time?

Experts around the world hold Magnus Carlsen as the greatest chess player of all time.

The post Things to Know About Chess Genius Magnus Carlsen and His Net Worth appeared first on Prestige Online - HongKong.

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Magnus Carlsen net worth

Magnus Carlsen is undoubtedly the greatest chess player of all time. His numerous successes in the game from an early age have helped him become one of the highest-earning chess players of all time. But more importantly, his demographic appeal, charismatic personality and genius-level intelligence have contributed to the net worth of Magnus Carlsen in the form of brand endorsements and his corporate push.

Sven Magnus Øen Carlsen was born on 30 November 1990 in Tønsberg, Norway, to Sigrun Øen and Henrik Albert Carlsen. He showed tremendous potential as a genius from an early age. His father taught him to play chess at five.

His exceptional memory helped him quickly compute multiple combinations of moves on the board. As a result, he began playing professional tournaments at the age of eight.

Throughout his career, Carlsen has five World Champion titles, four World Rapid Championships and six World Blitz Championships to his name. These three are the most prominent chess championships and are held by the game’s governing body, Fédération Internationale des Échecs (FIDE), or International Chess Federation.

He is the reigning champion in Rapid and Blitz formats and holds the record for the highest number of championship wins in the two.

TIME magazine named him one of the 100 most influential people in the world in April 2013 and the UK edition of Cosmopolitan included him among its Sexiest Men list the same year.

“I had the opportunity to train Carlsen in 2009, and his intuitive style conserves the mystique of chess at a time when every CPU-enhanced fan thinks the game is easy. Carlsen is as charismatic and independent as he is talented,” wrote Russian chess great Garry Kasparov for Carlsen in the latter’s profile for TIME.

In a prescient observation, Kasparov noted, “If he can rekindle the world’s fascination with the royal game, we will soon be living in the Carlsen Era.”

Magnus Carlsen: The style of his play

Carlsen 1
Image credit: Magnus Carlsen/@MagnusCarlsen/Twitter

Magnus Carlsen’s playing style has been compared to that of some of the greatest chess players of all time, such as Karpov, Kasparov and the late American chess great Bobby Fischer. He is also a unique player in his own right and has a combination of strengths that makes him one of the most difficult players to beat in the world.

While his playing style is particularly characterised by its versatility and adaptability, it also includes flexibility. Carlsen can adapt his play to suit his opponent and his position on the board. He is not afraid to change his plans, if necessary, and is always looking for new and creative ways to win.

Chess technically has three phases: opening, middle-game and endgame. Carlsen is comfortable in all three phases and can play each in various ways.

In the opening, Carlsen is known for his wide and varied repertoire. He avoids specialising in any particular opening, as this would make it easier for his opponents to prepare against him. Instead, he prefers to mix things up and keep his opponents guessing.

One of Carlsen’s strengths in the opening is his ability to get good positions out of bad openings. He can calculate long and complicated variations while looking for new and creative ways to open the game. It has been observed that if he makes a mistake in the opening, he usually finds a way to recover and get back in a playable — sometimes stronger — position.

 

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Carlsen is a master of positional play in middle-game. He can create small advantages over his opponents and gradually convert them into wins. He is also a skilled tactician and is always on the lookout for opportunities to attack his opponents’ weaknesses.

What distinguishes Carlsen from other grandmasters is how he executes the endgame. In fact, the Norwegian is known for being one of the greatest chess players in history when it comes to his endgame. He has an in-depth understanding of endgame theory and can convert even the most difficult of endings into wins. His opponents are often left dumbstruck by the blitzkrieg tactics he deploys during the endgame with a precision that demolishes the opposing strategy on the board. This is most visible in the blitz games he plays, which require exceptional endgame expertise.

One of the most notable aspects of Carlsen’s playing style is his composure under pressure. He can maintain his focus and concentration even in the most tense and difficult of situations. This is one of the things that makes him so difficult to beat.

The ‘Carlsen Era’

Magnus Carlsen’s rise to global fame began with his first tournament victory in January 2004 at Wijk aan Zee in the Netherlands. It led American chess player Lubomir Kavalek to dub him the “Mozart of chess.”

Two months later, he defeated former world champion, the Russian legend Anatoly Karpov, at a blitz tournament in Reykjavík, Iceland. He also drew a game against Kasparov.

After finishing in second place at the Dubai Open Chess Championship in April 2004, he was named Grandmaster. At the time, Carlsen was 13 years old.

World Championship reign

Magnus Carlsen plays chess
Image credit: Magnus Carlsen/@magnus_carlsen/Instagram

Magnus Carlsen won his first FIDE World Championship in 2013, defeating the then-reigning champion Viswanathan Anand, the legendary Indian grandmaster, in a 12-game match held in Chennai, India. He was only 22 years old at the time, and therefore, was the second-youngest world champion (after Kasparov).

His first defence of the title came the following year when he met Anand in a rematch at the 2014 World Championship in Sochi, Russia. Carlsen again displayed his formidable arsenal of moves to win with a score of 6.5-4.5.

At the 2016 World Championship, held in New York City, Carlsen met Russian grandmaster Sergey Karjakin for his third title defence. The game was closely contested and Carlsen managed to win with a tiebreaker in rapid chess games, securing a 9-7 victory.

His most challenging opponent at the top level to date has been American grandmaster Fabiano Caruana. The two met at the 2018 World Championship in London. They played 12 classical games, but it led to a tie of 6-6. This warranted a series of rapid and blitz tiebreakers, which Carlsen won 3-0 to retain his title.

Carlsen went up against Russian grandmaster Ian Nepomniachtchi at the 2020 World Championship, which was played in 2021 because of the pandemic delay. The two met in Dubai where Carlsen easily dispatched his opponent with a score of 7.5-3.5.

In 2022, Carlsen announced he would not compete in the World Championships in the future.

“I feel I don’t have a lot to gain, I don’t particularly like [the championship matches], and although I’m sure a match would be interesting for historical reasons and all of that, I don’t have any inclination to play and I will simply not play the match,” he said on The Magnus Effect, the podcast of his sponsor, in July 2022.

Following his public announcement, FIDE President Arkady Dvorkovich said in a statement that the governing body had tried to convince Carlsen and address his concerns earlier in May but could not “change his mind.”

“His decision not to defend his title is undoubtedly a disappointment for the fans, and bad news for the spectacle. It leaves a big void. But chess is now stronger than ever – in part, thanks to Magnus – and the World Championship Match, one of the longest and most respected traditions in the world of sports, will go on,” Dvorkovich added.

The decision led to the abdication of his title, meaning that he went out unbeaten.

In his absence, the title was up for grabs in the 2023 edition in Astana, Kazakhstan. World No. 2 Ian Nepomniachtchi and World No. 3 Ding Liren competed, with the latter winning it to become the 17th world champion and the first Chinese male chess player to do so.

Yet, it was anyone’s observation that the competition was of little significance without Carlsen. One of the most prominent names who openly said it was Kasparov, who, ahead of the event in an interview with the Saint Louis Chess Club in March, downplayed the significance of the match between Nepomniachtchi and Ding, saying, “It’s a pity Magnus is not there and, naturally, the match between Nepo and Ding is a great show anyway, but it’s not a World Championship match.”

FIDE World Rapid & Blitz titles held by Magnus Carlsen

FIDE has been holding a combined World Rapid & Blitz Championships since 2012, after organising both tournaments separately for years prior. As such, players can compete in both tournaments at the same time in the same host city.

Rapid is 15 minutes per player for the entire game, plus a 10 seconds per move increment. Blitz, on the other hand, is three minutes per player per game with a two seconds per move increment.

Magnus Carlsen won his first FIDE World Blitz Championship in 2009 in Moscow, before the tournament was held in conjunction with the World Rapid event. He won the event with 31.0 points from 42 games in the round-robin format. His points were three more than World Champion Viswanathan Anand, who came second, and six points ahead of third-placed Sergey Karjakin. At the time, Carlsen was only 18 years old.

Carlsen made history in 2014, two years after the two events were combined by FIDE when he won both the World Rapid and World Blitz championships in Dubai. Since he was the reigning World Champion in the regular format, it made him the first player to hold the three major FIDE world titles at the same time.

He repeated the triple crown feat two times more, once in 2019 with his win in both World Rapid and World Blitz in Moscow and again in 2022 in Almaty. Carlsen is the only player in chess history to hold all three titles at the same time, and he did that three times over.

Besides the triple crown victories, he also won the World Rapid title in Berlin in 2015. He won the World Blitz Championship in Riyadh in 2017 and in Saint Petersburg in 2018. His consecutive three victories in the World Blitz championships between 2017 and 2019 make him the only player with three consecutive wins in the tournament.

Since he will continue to participate in the FIDE World Rapid & Blitz Championships, he is the reigning champion in both.

Magnus Carlsen finally wins the Chess World Cup

Pragg Carlsen
Image credit: Maria Emelianova via International Chess Federation/@FIDE_chess/Twitter

Until August 2023, the only major chess tournament missing from Magnus Carlsen’s illustrious cabinet of victories was the World Cup of chess.

Officially known as the FIDE World Cup, Carlsen finally won it in Baku, Azerbaijan, when he defeated Indian grandmaster Rameshbabu Praggnanandhaa in an epic encounter that made headlines around the world for the intelligent tactics deployed by both players throughout the tournament.

Praggnanandhaa has turned out to be one of Carlsen’s most formidable younger opponents in recent years. The two players have had 21 face-offs, with Carlsen leading Praggnanandhaa 8 to 5. The rest ended in draws.

The first two games, played in the classical format, in the finals of the 2023 FIDE World Cup between Carlsen and Praggnanandhaa ended in draws. It was after this that Carlsen showed his remarkable composure under pressure in the rapid game to defeat Praggnanandhaa and lift his maiden World Cup.

Carlsen had previously tried to win the World Cup multiple times. In fact, he played in two tournaments before he became a world champion. The first was in 2005 at Khanty-Mansiysk in Russia, where he finished 10th. The second was in 2007 in the same city. He was only 17 years old at the time and finished in third place after losing to the eventual winner, Soviet-bon American grandmaster Gata Kamsky, in the semi-finals.

Carlsen had also attempted to win the World Cup in the years after becoming the World Champion, but the closest he could come before eventually winning it was in 2021 when he again finished third place after losing to Duda.

FIDE World No.1 and Elo rating record

In the five years after becoming a grandmaster in 2004, Carlsen amassed numerous tournament victories and kept climbing through the FIDE ranks. The governing body announced in January 2010 that Carlsen was the new World No.1. At the time, he was 19 years old and, therefore, the youngest player to reach the top rank.

The rank kept shuttling between Carlsen and Anand till July 2011, when the Norwegian regained it. Carlsen has since remained the FIDE World No.1 and currently holds the second-longest streak at the top spot after Kasparov.

He is also a record holder in the Elo rating system, a metric named after Hungarian-American physics professor Arpad Elo, which calculates the relative skill levels of players in zero-sum games.

 

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Elo ratings keep changing for every player throughout their career depending on their performance and are different across the three main formats of chess: standard (classical), rapid and blitz, the last two of which are time-controlled games.

Carlsen reached his peak Elo rating of 2882 twice, in May 2014 and then in August 2019. No other chess player in history has ever reached Carlsen’s Elo rating, which is over 31 points more than that of second-placed Kasparov’s peak Elo rating of 2851.

As of October 2023, his Elo rating is 2839 in the standard game, 2818 in rapid, and 2887 in blitz.

Longest undefeated streak and overall win-loss record

Magnus Carlsen holds the Guinness World Record for the longest undefeated streak in chess.

From 2018 to 2020, the Norwegian genius did not lose 125 consecutive games that he played across tournaments. Of them, 42 were wins and 83 were draws.

No chess player in history has ever gone anywhere close to his streak, which, in the eyes of some observers, technically means that Carlsen is the greatest chess player of all time.

The streak ended in October 2020 when he was defeated by Polish grandmaster Jan-Krzysztof Duda in round five of the Norway Chess tournament. At the time, Duda was world No.15.

FIDE data shows that he has won 799, lost 200 and drawn 847 games in his career. The data reveals that he has a higher percentage of wins when playing with white. Across the three formats, he has the highest percentage of wins in blitz (proof of his endgame expertise), whether playing with white or black, and the lowest in classical when playing with black.

Net worth of Magnus Carlsen and his earnings

There is no confirmation on how much exactly is the net worth of Magnus Carlsen. Some reports put that figure at USD 25 million, others estimate it to be around USD 50 million. Whatever his net worth, Carlsen’s wealth has three primary sources: his company Play Magnus AS (or Play Magnus Group), his brand endorsements and his earnings from chess.

Play Magnus Group and Offerspill Sjakklubb

Magnus Carlsen net worth
Image credit: European Chess Union/@ECUonline/Twitter

In October 2013, Carlsen co-founded the Play Magnus AS with his manager Anders Brandt and investor Espen Adgestein. According to Forbes, he invested just USD 13,000 for a 60 per cent stake in the company.

In 2020, the company was listed on the Merkur Market of the Oslo Stock Exchange with a valuation that settled at USD 100 million. This, according to Forbes, made Carlsen’s share worth USD 12 million at the time.

According to a November 2021 report by The New York Times (NYT), the market capitalisation of the company was USD 115 million at the time. The report also threw more light on Carlsen’s stake in it. It said that the chess great’s parents, Henrik and Sigrun, founded a company named Magnus Chess in 2016 to help their son become financially independent by the age of 25 in case he decided to stop playing.

Magnus Chess held about 9.5 per cent of Play Magnus Group. Carlsen’s share in Magnus Chess was about 85 per cent, which means that his equity stake was around USD 9 million in Play Magnus Group as of November 2021.

Play Magnus is behind the gaming app suite of the same name which as of October 2023 has over 5 million downloads across platforms for four different games.

Prominent brands that are part of Play Magnus Group include Chessable, Magnus Chess Academy, Chess24 and Champions Chess Tour.

In August 2022, it was announced that Play Magnus Group agreed to a takeover bid by Chess Growthco — the parent company of Chess.com — for around USD 83 million.

“It has been amazing to experience the growth of Play Magnus Group since 2013, and I would like to take the opportunity to thank the whole team for their efforts in developing the company and positively impacting the chess world,” Carlsen said in a statement at the time.

“Now we are entering a new era, and the combination of these two companies creates opportunities for the game of chess that no one has imagined before. I have great respect and admiration for Chess.com and what they have achieved. I look forward to begin working with the Chess.com team to create the best future for chess,” he added.

Following the deal, which was finalised in December 2022, Play Magnus Group became part of Chess.com. Carlsen became the brand ambassador of Chess.com in an agreement with the latter. As such, he is contracted to play in Chess.com events such as the Speed Chess Championship.

Carlsen founded Offerspill Sjakklubb (Offerspill Chess Club) in Norway in 2019.

The club has some of the world’s best chess players as members, including Carlsen, Praggnanandhaa, Raunak Sadhwani, Teja Vidic, Aryan Tari, Pranav Venkatesh, Eric Hansen, Christiansen Johan-Sebastian, Frode Olav Olsen Urkedal and Haldorsen Benjamin.

Praggnanandhaa’s coach, RB Ramesh, is the head coach at Carlsen’s club. Offerspill Chess Club won the 38th European Chess Club Cup in Durres, Albania, in October 2023.

Brand endorsements by Magnus Carlsen

Magnus Carlsen brands
Image credit: Magnus Carlsen/@magnus_carlsen/Instagram

Magnus Carlsen is credited with having made chess a far more popular sport than it ever was. The fact that no one before him created such a brand value around chess has been acknowledged by several mainstream media houses, sports observers and market watchers. He is active on social media, where he often shares posts showcasing his highly active lifestyle and interest in fitness, football and other arenas that might come across as the very opposite of the perception around chess players.

 

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Carlsen modelled for G-Star Raw’s Fall/Winter 2010 advertising campaign with Hollywood star Liv Tyler.

According to the NYT report, Carlsen has “several private sponsorship agreements, including with Unibet, a sports betting site; Isklar, a Norwegian water company; and Simonsen Vogt Wiig, a Norwegian law firm.”

Mastercard named him the global brand ambassador in September 2021. German sportswear brand Puma made its foray into the world of chess with a long-term partnership with Carlsen in February 2022.

Puma Carlsen
Image credit: Magnus Carlsen/@MagnusCarlsen/Twitter

In April 2022, Unibet’s parent, Kindred Group, signed a two-year extension of its partnership with Carlsen as well as its sponsorship of his club, Offerspill.

Prize money from the sport is the third major source of the overall net worth of Magnus Carlsen.

According to a January 2023 Chess.com report, Carlsen has earned the most in the form of prize money among all players in history.

He earned around USD 560,000 in major tournament prizes through 2022 alone. Chess.com revealed that including Champions Chess Tour (CCT), Norway Chess and both the FIDE World Rapid & Blitz Championships, Carlsen played just seven tournaments in 2022. By comparison, Filipino-American Grandmaster Wesley So, who was the second-highest earner of the year, made USD 541,632 from 14 tournaments.

At the time, the report placed Carlsen behind Vishwanathan Anand on the list of the highest earners in prize money in their career. Anand’s career total was around USD 9.46 million, which gave him the top spot, while Carlsen was at USD 9.43 million at the end of 2022.

When the Norwegian won the 2023 FIDE World Cup, he took home the prize money of USD 110,000. Thus, it can be concluded that Carlsen now officially leads the list of the highest-earning chess players in prize money in career.

A September 2021 report by Forbes revealed that Carlsen was the highest-earning e-sports player in the world in 2020. Playing under the username DrNykterstein on Chess24, Carlsen earned USD 510,587 throughout the year on the platform.

(Main image: Dean Mouhtaropoulos/ Getty Images; Featured image: Magnus Carlsen/@magnus_carlsen/Instagram)

Frequently Asked Questions (FAQs)

– Who is the richest chess player?

The richest chess player in the world is Magnus Carlsen.

– Who is the richest grandmaster in chess?

The richest grandmaster in chess is Magnus Carlsen.

– Is Magnus Carlsen the best chess player of all time?

Experts around the world hold Magnus Carlsen as the greatest chess player of all time.

The post Things to Know About Chess Genius Magnus Carlsen and His Net Worth appeared first on Prestige Online - HongKong.

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Victoria Beckham Net Worth: How The Former Spice Girl Earns And Spends Her Fortune https://www.prestigeonline.com/hk/lifestyle/wealth-management/victoria-beckham-net-worth-and-expensive-things/ Mon, 09 Oct 2023 00:00:59 +0000 https://www.prestigeonline.com/hk/?p=287514 Victoria Beckham net worth

Victoria Caroline Adams Beckham is an English singer and fashion designer, who is best known for creating chart-topping music as a part of the iconic band, Spice Girls in the mid to late 1990s. Victoria is also the wife of English football legend David Beckham and their cumulative net worth makes the couple one of the richest in the world.

Much of her wealth has come from the success of her music career as a member of the all-girl pop group. The band consisted of Melanie Brown aka Mel B, Melanie Chisholm aka Mel C, Emma Bunton, Geri Halliwell and Victoria.

The media gave each of them a moniker. Thus, Mel B came to be called Scary Spice, Mel C was known as Sporty Spice, Emma as Baby Spice, Geri as Ginger Spice and Victoria as Posh Spice. The quintet sold 100 million records in their career — a feat that made them the best-selling female group in history.

Victoria has also made a name for herself as a fashion icon. For her services to the fashion industry and charity work, she was made an Officer of the Order of the British Empire (OBE) in 2017.

On the personal front, Victoria is the mother of four children with David — sons Brooklyn, Romeo and Cruz, and daughter Harper.

Victoria Beckham: A look at her career

Spice Debut
Victoria (C) in a promotional picture from Spice Girls’ debut album Spice. (Image: Courtesy of Spice Girls/@spicegirls/Twitter)

Victoria Beckham’s career began with the English band, which released its first album, Spice, in 1996. Selling more than 20 million copies worldwide, the debut turned Spice Girls into a major pop culture phenomenon.

“Wannabe”, a single from the album, earned them their first Billboard No.1 when it spent four weeks at the top of the Hot 100 list. Spice, too, ended up as No.1 on Billboard 200.

Their second album, Spiceworld, was released in 1997. It paved the way for their commercially successful musical film, Spice World, the same year. Their debut concert tour, Spiceworld Tour, of 1998, brought more fame to the group. It grossed USD 17.8 million worldwide and made Spice Girls the highest-earning female group at concerts at the time.

In 2000, they released their third album, Forever. It failed to match the success of their previous releases and the group disbanded the following year.

Meanwhile, Victoria Beckham had started her solo career with the single “Out of Your Mind” in 2000, while still a member of Spice Girls. This was followed by another single, “Not Such An Innocent Girl,” and, eventually, her eponymous debut (and only) studio album, Victoria Beckham, in 2001.

 

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Victoria’s success as a solo artist was not as great as her achievements as a member of Spice Girls. Four of her solo songs and her album charted among the top 10 of the Official Charts in the UK. By contrast, she had nine No.1 singles and two No.1 albums as part of the band on the same charts.

Apart from music, she has appeared in television documentaries such as Being Victoria Beckham (2002) and the six-episode Victoria Beckham: Coming to America (2007) among others. All the documentaries focus on her life, both as an individual and as part of her family.

She also appears in Beckham, the Netflix documentary on David Beckham, which premiered on 4 October 2023.

Net worth and earnings of Victoria Beckham

Victoria and David
Victoria poses with David Beckham, wearing a design from her VBPSS24 collection and her signature Chain Pouch with shield sunglasses. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

The love story of the musician-turned-fashion mogul and the former footballer started in 1997. Following the birth of their first child, Brooklyn in 1999, the two got married. Today, they are known as one of the most powerful couples straddling both entertainment and sports.

The Sunday Times Rich List of 2023 pegs the total net worth of Victoria and David Beckham at USD 514 million. The same list in 2022 had placed their net worth at USD 462 million, which indicates the couple became richer by more than USD 50 million in a single year. By comparison, their net worth in 2021, according to The Sunday Times, was around USD 450 million.

It is believed that the fortune of David Beckham is larger than Victoria’s. Several reports suggest that the English footballer’s net worth is around USD 450 million, which means that there is a possibility that the collective worth of the couple could be more than USD 514 million.

A 2011 estimate by Forbes revealed the Beckhams earned around USD 45 million per year. A lot has changed since then. David is no longer an active footballer but the owner of a football team valued at USD 1 billion since the arrival of Argentine legend, Lionel Messi.

Even though the exact net worth of Victoria Beckham is unclear, she is certainly a multi-millionaire, thanks to her long and successful career in music as well as her equally successful second calling as a businesswoman.

Her solo career and her time as a member of the Spice Girls continues to reap dividends.

When Geri Halliwell aka Ginger Spice exited the band in 1998, a Rolling Stones report revealed that the girl group had earned up to USD 75 million from ticket sales, merchandise, a movie, and albums.

The report added that Halliwell amassed a fortune of USD 30 million in just two years. However, her departure meant forfeiting USD 10 million of her share from a USD 60 million scheduled tour.

Assuming that each member had an equal share, the report, therefore, gives a hint of the high earnings of Posh from her iconic music career in the 1990s.

She joined the four other members for The Return of the Spice Girls Tour, which was held from December 2007 to February 2008 across North America and Europe. There were a total of 47 shows, 17 of which were performed at London’s O2 Arena.

 

View this post on Instagram

 

A post shared by Spice Girls (@spicegirls)

The total collection from the tour was USD 70.1 million, out of 581,066 tickets sold from 45 of the shows. Of this, USD 33 million came from the O2 Arena shows alone.

Life after the Spice Girls

Victoria has not been performing with the Spice Girls since. Thus, when the group came together again in 2019, for the Spice World – 2019 Tour, she was absent. The 2019 tour was held mostly in the UK and Ireland for just 13 dates. But it was a bigger hit than their 2007-08 tour. Citing Boxscore data, Billboard reported that the 2019 tour grossed USD 78.2 million from 697,357 tickets.

It is believed that the Spice Girls will reunite at Glastonbury in 2024 to celebrate their 30th anniversary. Citing a source, the Daily Mail reported that Victoria will not be part of it due to her extremely busy schedule as a fashion designer.

“Glastonbury is possibly the coolest gig on the planet but Victoria won’t be doing it next year. She has carved herself a career as a fashion designer that she has put blood, sweat and tears into, so singing is something she has to carefully consider,” the source told the publication.

But whether or not she performs, Victoria continues to make money from her career as Posh Spice. According to a 2022 report by The Sun, she earned around USD 516,000 from the back catalogue of Spice Girls in 2020. The report made its estimation based on the USD Corporation Tax filed by her music company Moody Productions Ltd., which amounted to around USD 103,000.

The report also revealed that she earned around USD 1.2 million in 2019, as her share of the Spice World – 2019 Tour despite not being part of it as she was entitled to receive a cut in endorsements, licensing deals and merchandising part of the performances.

Another part of her earnings also comes from Instagram, where she has a follower count of around 32 million. A report by Gloucester Live suggests that both Victoria and David Beckham can earn as much as USD 375,000 per Instagram post.

She has also made a fortune from the multiple endorsement deals she struck over the decades. The pecuniary details of most are unclear. However, she earned around USD 2 million for appearing in a Christmas Tesco campaign in 2007 with her Spice Girls bandmates and signed a USD 18 million deal with Armani in 2009.

Her other past collaborations include RocaWear and Estée Lauder, the latter of which led to two successful collections.

 

View this post on Instagram

 

A post shared by Victoria Beckham (@victoriabeckham)

She is also a best-selling author of two books. The first, Learning to Fly, is an autobiography, which was released in 2001. According to the BBC, she was paid around USD 1.4 million just for the preview rights to the book, which was secured jointly by Hello! magazine, the Daily Mail and the Mail on Sunday.

She released her second book, That Extra Half an Inch: Hair, Heels and Everything in Between, in 2006. The book contains her tips on fashion, beauty and lifestyle.

Victoria Beckham launched her eponymous fashion and beauty brands in 2008 and 2019 respectively.

 

View this post on Instagram

 

A post shared by Victoria Beckham (@victoriabeckham)

The fashion label has been very popular among designers and fashion enthusiasts but has not been profitable as a business. The report by The Sun revealed that Victoria’s fashion business, which comes under Victoria Beckham Holdings, is not financially profitable, having incurred losses of over USD 67 million with six consecutive years of zero profits since its first filing in 2016.

The company lost USD 20 million in 2019 and USD 10 million in 2020.

By contrast, the beauty brand has been growing. This has helped offset the losses of Victoria Beckham Holdings significantly. According to some reports, the business posted a growth of 13 per cent in revenue for the financial year ending 2021.

The assets that Victoria Beckham owns

Real estate

Victoria Beckham
Victoria poses for a shot wearing sunglasses from Victoria Beckham Eyewear. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

Whether Victoria Beckham is a joint owner of the family’s extensive luxury property portfolio remains uncertain as their exact ownership status is unclear.

The property collection of the Beckhams is estimated at around USD 92 million. One particular residence makes up almost half of the total worth of the properties — a townhouse in London’s Holland Park. After buying the seven-bedroom property, the Beckhams spent around USD 10 million on renovations.

They own a Grade II-listed farmhouse in the picturesque Cotswold. Worth around USD 8 million when it was purchased in 2016, the place was their refuge during the pandemic-era lockdown. The property is large enough to have its own football ground.

According to Hello! magazine, the Beckhams own two more properties in Dubai, United Arab Emirates (UAE). One of them is a luxury apartment in Burj Khalifa and the other is a villa in Palm Jumeirah. The apartment cost them around USD 5 million. The villa, which is currently valued at more than USD 10 million, was worth USD 1.5 million when bought in 2002.

The family also own a penthouse in the One Hundred Museum building in Miami, the city where David Beckham’s Inter Miami FC is based. The beachside penthouse cost them around USD 24 million.

Cars

Harper Beckham
Victoria with her daughter, Harper, in London. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

Victoria Beckham apparently has a close working relationship with Range Rover. The British luxury car maker signed her up as a celebrity creative director in 2011. The next year, the company launched 200 limited edition Range Rover Evoque models designed by Victoria.

The finishing of each car was done by hand. It came with a hand-sewn leather wallet for the owner’s manual and a matching four-piece luggage set.

Unlike David’s fleet, the cars that Victoria personally owns aren’t public knowledge. She has been seen in his cars ever since they started their relationship, including in a 1997 Porsche 911 Carrera, which was auctioned off in 2008.

Land Rover is, however, one of the brands that the Beckhams love. The couple were seen out shopping in 2015 in a grey Land Rover Defender 110. During the lockdown in Cotswolds, the entire family was spotted in the neighbourhood of their residence in a black Land Rover Defender.

It is believed that Victoria has a Range Rover Vogue and Range Rover SV Autobiography, both of which may be her own. Some reports suggest that she might also possess a Mercedes GLS and Mercedes-Benz G63 AMG.

Art collection

Victoria Beckham owns a collection of expensive artworks worth around USD 44 million jointly with David. A 2010 report by the Daily Mirror says the celeb couple collected “love-themed” artworks by the likes of Banksy, Damien Hirst, Jake and Dinos Chapman, Sam Taylor Wood, and Tracey Emin in eight years.

“One of the works is a Hirst bull’s heart enshrined in silver with scalpels exploding from it. Another, given from David to Victoria for Christmas, is an Emin-designed strip of neon lights spelt to read ‘Forever yours’,” a source told Daily Mirror.

Artnet reports Victoria commissioned British artist Eddie Peake to sculpt an installation for her store at Dover Street in 2015. A year before, David paid USD 780,000 for a commissioned painting titled Daddy’s Girl to celebrate Harper’s birthday.

(Hero image: Courtesy of Daniel Leal/AFP; Featured image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

The story first appeared on Lifestyle Asia India

Frequently Asked Questions (FAQs)

Who is richer, David Beckham or Victoria?

David Beckham is richer than Victoria, according to multiple estimates of their net worth. Reports suggest that his personal fortune is around USD 450 million.

How much is the Beckham family worth?

Put together, Victoria and David Beckham have a net worth of around USD 600 million.

How much does Victoria Beckham earn?

Victoria Beckham earns millions every year from her fashion and beauty brands as well as proceeds from the music sales of Spice Girls.

How did Victoria Beckham become wealthy?

Victoria Beckham became wealthy from her highly successful career as a member of Spice Girls and her now iconic status in the world of fashion.

The post Victoria Beckham Net Worth: How The Former Spice Girl Earns And Spends Her Fortune appeared first on Prestige Online - HongKong.

]]>
Victoria Beckham net worth

Victoria Caroline Adams Beckham is an English singer and fashion designer, who is best known for creating chart-topping music as a part of the iconic band, Spice Girls in the mid to late 1990s. Victoria is also the wife of English football legend David Beckham and their cumulative net worth makes the couple one of the richest in the world.

Much of her wealth has come from the success of her music career as a member of the all-girl pop group. The band consisted of Melanie Brown aka Mel B, Melanie Chisholm aka Mel C, Emma Bunton, Geri Halliwell and Victoria.

The media gave each of them a moniker. Thus, Mel B came to be called Scary Spice, Mel C was known as Sporty Spice, Emma as Baby Spice, Geri as Ginger Spice and Victoria as Posh Spice. The quintet sold 100 million records in their career — a feat that made them the best-selling female group in history.

Victoria has also made a name for herself as a fashion icon. For her services to the fashion industry and charity work, she was made an Officer of the Order of the British Empire (OBE) in 2017.

On the personal front, Victoria is the mother of four children with David — sons Brooklyn, Romeo and Cruz, and daughter Harper.

Victoria Beckham: A look at her career

Spice Debut
Victoria (C) in a promotional picture from Spice Girls’ debut album Spice. (Image: Courtesy of Spice Girls/@spicegirls/Twitter)

Victoria Beckham’s career began with the English band, which released its first album, Spice, in 1996. Selling more than 20 million copies worldwide, the debut turned Spice Girls into a major pop culture phenomenon.

“Wannabe”, a single from the album, earned them their first Billboard No.1 when it spent four weeks at the top of the Hot 100 list. Spice, too, ended up as No.1 on Billboard 200.

Their second album, Spiceworld, was released in 1997. It paved the way for their commercially successful musical film, Spice World, the same year. Their debut concert tour, Spiceworld Tour, of 1998, brought more fame to the group. It grossed USD 17.8 million worldwide and made Spice Girls the highest-earning female group at concerts at the time.

In 2000, they released their third album, Forever. It failed to match the success of their previous releases and the group disbanded the following year.

Meanwhile, Victoria Beckham had started her solo career with the single “Out of Your Mind” in 2000, while still a member of Spice Girls. This was followed by another single, “Not Such An Innocent Girl,” and, eventually, her eponymous debut (and only) studio album, Victoria Beckham, in 2001.

 

View this post on Instagram

 

A post shared by Spice Girls (@spicegirls)

Victoria’s success as a solo artist was not as great as her achievements as a member of Spice Girls. Four of her solo songs and her album charted among the top 10 of the Official Charts in the UK. By contrast, she had nine No.1 singles and two No.1 albums as part of the band on the same charts.

Apart from music, she has appeared in television documentaries such as Being Victoria Beckham (2002) and the six-episode Victoria Beckham: Coming to America (2007) among others. All the documentaries focus on her life, both as an individual and as part of her family.

She also appears in Beckham, the Netflix documentary on David Beckham, which premiered on 4 October 2023.

Net worth and earnings of Victoria Beckham

Victoria and David
Victoria poses with David Beckham, wearing a design from her VBPSS24 collection and her signature Chain Pouch with shield sunglasses. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

The love story of the musician-turned-fashion mogul and the former footballer started in 1997. Following the birth of their first child, Brooklyn in 1999, the two got married. Today, they are known as one of the most powerful couples straddling both entertainment and sports.

The Sunday Times Rich List of 2023 pegs the total net worth of Victoria and David Beckham at USD 514 million. The same list in 2022 had placed their net worth at USD 462 million, which indicates the couple became richer by more than USD 50 million in a single year. By comparison, their net worth in 2021, according to The Sunday Times, was around USD 450 million.

It is believed that the fortune of David Beckham is larger than Victoria’s. Several reports suggest that the English footballer’s net worth is around USD 450 million, which means that there is a possibility that the collective worth of the couple could be more than USD 514 million.

A 2011 estimate by Forbes revealed the Beckhams earned around USD 45 million per year. A lot has changed since then. David is no longer an active footballer but the owner of a football team valued at USD 1 billion since the arrival of Argentine legend, Lionel Messi.

Even though the exact net worth of Victoria Beckham is unclear, she is certainly a multi-millionaire, thanks to her long and successful career in music as well as her equally successful second calling as a businesswoman.

Her solo career and her time as a member of the Spice Girls continues to reap dividends.

When Geri Halliwell aka Ginger Spice exited the band in 1998, a Rolling Stones report revealed that the girl group had earned up to USD 75 million from ticket sales, merchandise, a movie, and albums.

The report added that Halliwell amassed a fortune of USD 30 million in just two years. However, her departure meant forfeiting USD 10 million of her share from a USD 60 million scheduled tour.

Assuming that each member had an equal share, the report, therefore, gives a hint of the high earnings of Posh from her iconic music career in the 1990s.

She joined the four other members for The Return of the Spice Girls Tour, which was held from December 2007 to February 2008 across North America and Europe. There were a total of 47 shows, 17 of which were performed at London’s O2 Arena.

 

View this post on Instagram

 

A post shared by Spice Girls (@spicegirls)

The total collection from the tour was USD 70.1 million, out of 581,066 tickets sold from 45 of the shows. Of this, USD 33 million came from the O2 Arena shows alone.

Life after the Spice Girls

Victoria has not been performing with the Spice Girls since. Thus, when the group came together again in 2019, for the Spice World – 2019 Tour, she was absent. The 2019 tour was held mostly in the UK and Ireland for just 13 dates. But it was a bigger hit than their 2007-08 tour. Citing Boxscore data, Billboard reported that the 2019 tour grossed USD 78.2 million from 697,357 tickets.

It is believed that the Spice Girls will reunite at Glastonbury in 2024 to celebrate their 30th anniversary. Citing a source, the Daily Mail reported that Victoria will not be part of it due to her extremely busy schedule as a fashion designer.

“Glastonbury is possibly the coolest gig on the planet but Victoria won’t be doing it next year. She has carved herself a career as a fashion designer that she has put blood, sweat and tears into, so singing is something she has to carefully consider,” the source told the publication.

But whether or not she performs, Victoria continues to make money from her career as Posh Spice. According to a 2022 report by The Sun, she earned around USD 516,000 from the back catalogue of Spice Girls in 2020. The report made its estimation based on the USD Corporation Tax filed by her music company Moody Productions Ltd., which amounted to around USD 103,000.

The report also revealed that she earned around USD 1.2 million in 2019, as her share of the Spice World – 2019 Tour despite not being part of it as she was entitled to receive a cut in endorsements, licensing deals and merchandising part of the performances.

Another part of her earnings also comes from Instagram, where she has a follower count of around 32 million. A report by Gloucester Live suggests that both Victoria and David Beckham can earn as much as USD 375,000 per Instagram post.

She has also made a fortune from the multiple endorsement deals she struck over the decades. The pecuniary details of most are unclear. However, she earned around USD 2 million for appearing in a Christmas Tesco campaign in 2007 with her Spice Girls bandmates and signed a USD 18 million deal with Armani in 2009.

Her other past collaborations include RocaWear and Estée Lauder, the latter of which led to two successful collections.

 

View this post on Instagram

 

A post shared by Victoria Beckham (@victoriabeckham)

She is also a best-selling author of two books. The first, Learning to Fly, is an autobiography, which was released in 2001. According to the BBC, she was paid around USD 1.4 million just for the preview rights to the book, which was secured jointly by Hello! magazine, the Daily Mail and the Mail on Sunday.

She released her second book, That Extra Half an Inch: Hair, Heels and Everything in Between, in 2006. The book contains her tips on fashion, beauty and lifestyle.

Victoria Beckham launched her eponymous fashion and beauty brands in 2008 and 2019 respectively.

 

View this post on Instagram

 

A post shared by Victoria Beckham (@victoriabeckham)

The fashion label has been very popular among designers and fashion enthusiasts but has not been profitable as a business. The report by The Sun revealed that Victoria’s fashion business, which comes under Victoria Beckham Holdings, is not financially profitable, having incurred losses of over USD 67 million with six consecutive years of zero profits since its first filing in 2016.

The company lost USD 20 million in 2019 and USD 10 million in 2020.

By contrast, the beauty brand has been growing. This has helped offset the losses of Victoria Beckham Holdings significantly. According to some reports, the business posted a growth of 13 per cent in revenue for the financial year ending 2021.

The assets that Victoria Beckham owns

Real estate

Victoria Beckham
Victoria poses for a shot wearing sunglasses from Victoria Beckham Eyewear. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

Whether Victoria Beckham is a joint owner of the family’s extensive luxury property portfolio remains uncertain as their exact ownership status is unclear.

The property collection of the Beckhams is estimated at around USD 92 million. One particular residence makes up almost half of the total worth of the properties — a townhouse in London’s Holland Park. After buying the seven-bedroom property, the Beckhams spent around USD 10 million on renovations.

They own a Grade II-listed farmhouse in the picturesque Cotswold. Worth around USD 8 million when it was purchased in 2016, the place was their refuge during the pandemic-era lockdown. The property is large enough to have its own football ground.

According to Hello! magazine, the Beckhams own two more properties in Dubai, United Arab Emirates (UAE). One of them is a luxury apartment in Burj Khalifa and the other is a villa in Palm Jumeirah. The apartment cost them around USD 5 million. The villa, which is currently valued at more than USD 10 million, was worth USD 1.5 million when bought in 2002.

The family also own a penthouse in the One Hundred Museum building in Miami, the city where David Beckham’s Inter Miami FC is based. The beachside penthouse cost them around USD 24 million.

Cars

Harper Beckham
Victoria with her daughter, Harper, in London. (Image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

Victoria Beckham apparently has a close working relationship with Range Rover. The British luxury car maker signed her up as a celebrity creative director in 2011. The next year, the company launched 200 limited edition Range Rover Evoque models designed by Victoria.

The finishing of each car was done by hand. It came with a hand-sewn leather wallet for the owner’s manual and a matching four-piece luggage set.

Unlike David’s fleet, the cars that Victoria personally owns aren’t public knowledge. She has been seen in his cars ever since they started their relationship, including in a 1997 Porsche 911 Carrera, which was auctioned off in 2008.

Land Rover is, however, one of the brands that the Beckhams love. The couple were seen out shopping in 2015 in a grey Land Rover Defender 110. During the lockdown in Cotswolds, the entire family was spotted in the neighbourhood of their residence in a black Land Rover Defender.

It is believed that Victoria has a Range Rover Vogue and Range Rover SV Autobiography, both of which may be her own. Some reports suggest that she might also possess a Mercedes GLS and Mercedes-Benz G63 AMG.

Art collection

Victoria Beckham owns a collection of expensive artworks worth around USD 44 million jointly with David. A 2010 report by the Daily Mirror says the celeb couple collected “love-themed” artworks by the likes of Banksy, Damien Hirst, Jake and Dinos Chapman, Sam Taylor Wood, and Tracey Emin in eight years.

“One of the works is a Hirst bull’s heart enshrined in silver with scalpels exploding from it. Another, given from David to Victoria for Christmas, is an Emin-designed strip of neon lights spelt to read ‘Forever yours’,” a source told Daily Mirror.

Artnet reports Victoria commissioned British artist Eddie Peake to sculpt an installation for her store at Dover Street in 2015. A year before, David paid USD 780,000 for a commissioned painting titled Daddy’s Girl to celebrate Harper’s birthday.

(Hero image: Courtesy of Daniel Leal/AFP; Featured image: Courtesy of Victoria Beckham/@victoriabeckham/Instagram)

The story first appeared on Lifestyle Asia India

Frequently Asked Questions (FAQs)

Who is richer, David Beckham or Victoria?

David Beckham is richer than Victoria, according to multiple estimates of their net worth. Reports suggest that his personal fortune is around USD 450 million.

How much is the Beckham family worth?

Put together, Victoria and David Beckham have a net worth of around USD 600 million.

How much does Victoria Beckham earn?

Victoria Beckham earns millions every year from her fashion and beauty brands as well as proceeds from the music sales of Spice Girls.

How did Victoria Beckham become wealthy?

Victoria Beckham became wealthy from her highly successful career as a member of Spice Girls and her now iconic status in the world of fashion.

The post Victoria Beckham Net Worth: How The Former Spice Girl Earns And Spends Her Fortune appeared first on Prestige Online - HongKong.

]]>
Decentralised Horizon: Solarr CEO Alex Lee on the Future of Cryptocurrencies in Hong Kong https://www.prestigeonline.com/hk/lifestyle/wealth-management/decentralised-horizon-solarr-ceo-alex-lee-on-the-future-of-cryptocurrencies-in-hong-kong/ Thu, 05 Oct 2023 08:50:05 +0000 https://www.prestigeonline.com/hk/?p=287166

Founder and CEO of the virtual asset infrastructure solutions firm Solarr, Alex Lee discusses the place of cryptocurrencies in Hong Kong’s economy and explains why a financial revolution is on its way.

With executive-level tenures at both OSL and HashKey – the only two government-licensed cryptocurrency exchanges in Hong Kong – Alex Lee has become a seasoned veteran within the Web 3.0 space, despite the technology’s relative youth. Indeed, as the great grandson of one of the founders of the Bank of East Asia, Lee’s entrepreneurial spirit has long guided him through the world of finance, and he set up the Web 3.0 company Solarr only last year. Tapping into his expertise, Lee walks us through how the advent of cryptocurrencies and blockchain technology have revolutionised the financial landscape, the latest developments in digital assets in Hong Kong, and where our city stands on the global stage regarding Web 3.0 adoption.

How have cryptocurrencies changed the world of finance?

There’s been a massive impact. You can see various monetary authorities embrace it, some as early as 2016. Governments in countries like Japan and Malta were the first to issue licenses for crypto exchanges, back in 2017. In Japan alone, they extended licenses to more than 10 exchanges in just that first year, so I think cryptocurrencies are definitely here to stay. And for the public to familiarise itself with crypto? To be honest, it’s already part of our daily lives. Crypto is a type of virtual asset, but we’ve been using many other virtual assets for years. We even have them on our phones, from our Octopus card and Asia Miles and Marco Polo points to Marriott Bonvoy points or even YUU. These are all virtual assets that we already own. They just don’t have the same infrastructure behind them to fully utilise their value, like blockchain does for cryptocurrencies.

What are some key things to keep in mind when entering the crypto markets?

There are tons of nuances, but the conventional wisdom to all investing is to do your homework thoroughly. Another important point is licensing, which is key. For example, in Hong Kong, the licensing regime is very mature, and it’s modelled after the Securities and Futures Ordinance. It’s the only lens the Securities and Futures Commission (SFC) would use to review licenses, and the standard is extremely high, especially since we’re one of the three largest financial markets in the world. So, look for licensed exchanges. Lastly, never take cybersecurity too lightly. Hacking and corporate theft do happen, so always make sure your login details are secure and that you have a backup of your details and digital wallet.

The SFC has just opened crypto trading to retail investors. What impact will this have on Hong Kong’s economy, its position as a leading financial hub and retail investors here?

They’ve opened the floodgates, and it’s a monumental moment for crypto development here. It’s important, because they’re finally executing the network effect that the blockchain technology was meant for. With retail investing, it also means you’re opening up for both merchants and payment gateways, so all those networks and systems can finally be upgraded from Web 2.0 to Web 3.0. In terms of the economy, a recent study by Visa indicates that one in three people in Hong Kong are familiar with, own, or have owned cryptocurrencies. This is a huge market to tap into. What we’re just missing now is financial inclusion: the banks need to play catch-up, so investors can settle payments with their digital assets or convert them back into fiat currencies.

Where does Hong Kong sit among other financial hubs in Asia in terms of crypto?

In the short term, it’ll look like Hong Kong is lagging behind, because we had a late start, especially when you compare us to Tokyo. Three years ago, there were already around 70,000 to 80,000 points of sales in Japan that accepted Bitcoin as payment, so we have a long way to go to catch up. As for Singapore, a closed-loop virtual asset system has been running for a few years now, and the banks have infrastructures built. Currently in Hong Kong, we only have two licensed exchanges that have been trading at a level much lower than Tokyo and Singapore, and both those cities also have payment gateways integrated with Web 2.0, a feature we have yet to build.

But if we look at the long run, we’ll eventually be more advanced than Tokyo and Singapore. It’ll take a bit of time but, after all, we can’t forget that Hong Kong is one of the three largest financial markets in the world alongside New York and London, and to hold that title is no easy feat. People often underestimate the amount of consideration the Monetary Authority or SFC puts into building these regulatory frameworks, but we have all the right infrastructure in place for the crypto market to thrive. We might have had a slow start, but it’ll pick up its pace significantly, and eventually we’ll overtake the other hubs in Asia.

What effect will Hong Kong’s approval of retail trading have on mainland China, where cryptocurrencies are banned? Will there be any spillover effects?

It’s a complex issue and, quite frankly, most of us don’t really have an answer to that. Historically, as a global financial hub, Hong Kong has held great importance for China, and I suspect we’ll continue to be an intermediary – like a centralised yet decentralised system. I also think that eventually the mainland won’t enforce an outright ban on cryptocurrencies, but its first digital currency will definitely be a virtual version of the RMB. The second? Maybe Bitcoin. At the end of the day, the regulators here can embrace cryptocurrencies because they got a green light from up north, so we’ll just have to see.

What impact will Hong Kong’s new Web 3.0 Task Force have on the future of crypto development in the city?

I think this task force is a must for Hong Kong to further its economic development, but it also depends on who it’s initiated by. Often, if it’s initiated by a group of policymakers and academics, it becomes a sort of think tank. Of course, sometimes we need think tanks, but we need practitioners to be part of them too. Web 3.0 is unique, because there are really two worlds within it: one is where the community thrives, and the other is where the creators and developers build out the technology. You need these two worlds to come together along with the policymakers to really make the task force effective, so in my view if you proceed with this task force but the community’s voice isn’t included, it’s not really Web 3.0. That said, this is a great start for the Hong Kong government.

The post Decentralised Horizon: Solarr CEO Alex Lee on the Future of Cryptocurrencies in Hong Kong appeared first on Prestige Online - HongKong.

]]>

Founder and CEO of the virtual asset infrastructure solutions firm Solarr, Alex Lee discusses the place of cryptocurrencies in Hong Kong’s economy and explains why a financial revolution is on its way.

With executive-level tenures at both OSL and HashKey – the only two government-licensed cryptocurrency exchanges in Hong Kong – Alex Lee has become a seasoned veteran within the Web 3.0 space, despite the technology’s relative youth. Indeed, as the great grandson of one of the founders of the Bank of East Asia, Lee’s entrepreneurial spirit has long guided him through the world of finance, and he set up the Web 3.0 company Solarr only last year. Tapping into his expertise, Lee walks us through how the advent of cryptocurrencies and blockchain technology have revolutionised the financial landscape, the latest developments in digital assets in Hong Kong, and where our city stands on the global stage regarding Web 3.0 adoption.

How have cryptocurrencies changed the world of finance?

There’s been a massive impact. You can see various monetary authorities embrace it, some as early as 2016. Governments in countries like Japan and Malta were the first to issue licenses for crypto exchanges, back in 2017. In Japan alone, they extended licenses to more than 10 exchanges in just that first year, so I think cryptocurrencies are definitely here to stay. And for the public to familiarise itself with crypto? To be honest, it’s already part of our daily lives. Crypto is a type of virtual asset, but we’ve been using many other virtual assets for years. We even have them on our phones, from our Octopus card and Asia Miles and Marco Polo points to Marriott Bonvoy points or even YUU. These are all virtual assets that we already own. They just don’t have the same infrastructure behind them to fully utilise their value, like blockchain does for cryptocurrencies.

What are some key things to keep in mind when entering the crypto markets?

There are tons of nuances, but the conventional wisdom to all investing is to do your homework thoroughly. Another important point is licensing, which is key. For example, in Hong Kong, the licensing regime is very mature, and it’s modelled after the Securities and Futures Ordinance. It’s the only lens the Securities and Futures Commission (SFC) would use to review licenses, and the standard is extremely high, especially since we’re one of the three largest financial markets in the world. So, look for licensed exchanges. Lastly, never take cybersecurity too lightly. Hacking and corporate theft do happen, so always make sure your login details are secure and that you have a backup of your details and digital wallet.

The SFC has just opened crypto trading to retail investors. What impact will this have on Hong Kong’s economy, its position as a leading financial hub and retail investors here?

They’ve opened the floodgates, and it’s a monumental moment for crypto development here. It’s important, because they’re finally executing the network effect that the blockchain technology was meant for. With retail investing, it also means you’re opening up for both merchants and payment gateways, so all those networks and systems can finally be upgraded from Web 2.0 to Web 3.0. In terms of the economy, a recent study by Visa indicates that one in three people in Hong Kong are familiar with, own, or have owned cryptocurrencies. This is a huge market to tap into. What we’re just missing now is financial inclusion: the banks need to play catch-up, so investors can settle payments with their digital assets or convert them back into fiat currencies.

Where does Hong Kong sit among other financial hubs in Asia in terms of crypto?

In the short term, it’ll look like Hong Kong is lagging behind, because we had a late start, especially when you compare us to Tokyo. Three years ago, there were already around 70,000 to 80,000 points of sales in Japan that accepted Bitcoin as payment, so we have a long way to go to catch up. As for Singapore, a closed-loop virtual asset system has been running for a few years now, and the banks have infrastructures built. Currently in Hong Kong, we only have two licensed exchanges that have been trading at a level much lower than Tokyo and Singapore, and both those cities also have payment gateways integrated with Web 2.0, a feature we have yet to build.

But if we look at the long run, we’ll eventually be more advanced than Tokyo and Singapore. It’ll take a bit of time but, after all, we can’t forget that Hong Kong is one of the three largest financial markets in the world alongside New York and London, and to hold that title is no easy feat. People often underestimate the amount of consideration the Monetary Authority or SFC puts into building these regulatory frameworks, but we have all the right infrastructure in place for the crypto market to thrive. We might have had a slow start, but it’ll pick up its pace significantly, and eventually we’ll overtake the other hubs in Asia.

What effect will Hong Kong’s approval of retail trading have on mainland China, where cryptocurrencies are banned? Will there be any spillover effects?

It’s a complex issue and, quite frankly, most of us don’t really have an answer to that. Historically, as a global financial hub, Hong Kong has held great importance for China, and I suspect we’ll continue to be an intermediary – like a centralised yet decentralised system. I also think that eventually the mainland won’t enforce an outright ban on cryptocurrencies, but its first digital currency will definitely be a virtual version of the RMB. The second? Maybe Bitcoin. At the end of the day, the regulators here can embrace cryptocurrencies because they got a green light from up north, so we’ll just have to see.

What impact will Hong Kong’s new Web 3.0 Task Force have on the future of crypto development in the city?

I think this task force is a must for Hong Kong to further its economic development, but it also depends on who it’s initiated by. Often, if it’s initiated by a group of policymakers and academics, it becomes a sort of think tank. Of course, sometimes we need think tanks, but we need practitioners to be part of them too. Web 3.0 is unique, because there are really two worlds within it: one is where the community thrives, and the other is where the creators and developers build out the technology. You need these two worlds to come together along with the policymakers to really make the task force effective, so in my view if you proceed with this task force but the community’s voice isn’t included, it’s not really Web 3.0. That said, this is a great start for the Hong Kong government.

The post Decentralised Horizon: Solarr CEO Alex Lee on the Future of Cryptocurrencies in Hong Kong appeared first on Prestige Online - HongKong.

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Red Velvet’s Net Worth: Find Out Who’s The Richest Member of The K-pop Girl Group! https://www.prestigeonline.com/hk/lifestyle/wealth-management/red-velvet-net-worth-earnings-and-investments/ Tue, 03 Oct 2023 00:00:30 +0000 https://www.prestigeonline.com/hk/?p=286766

Red Velvet has been sitting atop K-pop charts with their infectious music for years now, and aren’t ready to give up their throne yet! The SM quintet, comprising Irene, Seulgi, Wendy, Joy and Yeri, have dabbled between their predominantly pop and cutesy style in songs like Dumb Dumb and flaunted their more mature, funky style in powerful ballads like Psycho – treating fans to innovative pop sounds that even K-pop prodigies like BTS and BLACKPINK haven’t delivered yet. Being one of the most popular K-pop girl groups in the world is no easy feat and the girls have clocked in mad hours to build a legacy and earn those envious paycheques! Whether it’s from their group outings, solo activities, sold-out concerts or lucrative brand deals – Red Velvet members have amassed massive wealth and boast an impressive net worth!

Ever since their 2014 debut with Happiness, the group has released two studio albums and around 10 EPs, many of which bagged top awards and recognitions in South Korea. They’ve appeared in the Forbes Korea Power Celebrity list multiple times, have been named one of the most popular K-pop groups by Time and Billboard and even stand as one of the most streamed K-pop artists worldwide on Spotify. Given that Red Velvet has built its own empire in less than a decade, it will be interesting to see what’s their net worth and who’s the wealthiest member of the girl gang. Keep reading!

What is the net worth of Red Velvet?

As of 2022, Red Velvet’s combined net worth stands at USD 8.06 million, according to KBIZoom (via Networthspot).

The group has broken several musical records over the years, starting with becoming the first K-pop girl group to chart a debut single on the Billboard World Digital Songs with their debut single Happiness. In April 2018, Red Velvet became the first-ever K-pop group to perform in North Korea since 2003, as part of a special concert. If that’s not enough, they’re also the first K-pop girl group to top the ‘World Albums’ chart four times, thanks to their tracks The RedRookieThe Red Summer, and Perfect Velvet.

In 2017, the girls also got their own reality TV show,  Level Up Project, which showcases the BTS footage of the members as they visit different parts of the world in between promotions. The Korean variety show has been filmed across locations like Pattaya, Slovania, Seoul and Jeju.

Coming to their brand collaboration deals, each member has racked up deal after deal with luxury maisons. These include Prada, Miu Miu, Ferragamo, Damiani and Hogan. Their luxury portfolio is only expanding with time, adding to their whopping net worth. Their global brand power is even reflected in their inclusion in various celebrity power lists. In 2019, Billboard crowned Red Velvet as ‘the best idol group alive’. The South Korean government has also credited the group for largely promoting K-pop around the world.

Red Velvet members: Earnings, endorsements and more

All five members have also branched out of group activities and cemented their credibility as soloists, worked with notable brands and made impressive investments – all of which have added to their individual net worths. Let’s take a look:

1. Irene’s net worth

 

View this post on Instagram

 

A post shared by IRENE (@renebaebae)

The charismatic leader of Red Velvet, Irene has branched out as a television host and actress apart from partaking in the group’s activities. She’s hailed as the ‘CF queen’ given her massive brand power and numerous endowment deals ranging from cosmetics, apparel and even basic commodities.

Irene was announced as the brand ambassador of Prada in 2020 alongside EXO‘s Chanyeol. The idol/actress heavily promoted Prada’s fashion looks on her Instagram handle, treating all fashion aficionados with the brand’s exquisite apparel.

Before Irene’s Prada deal was her partnership with Miu Miu. Following her brand ambassadorship announcement, the artist even attended their show at the Paris Fashion Week in 2019. Irene was decked head to toe in their Spring/Summer 2019 collection, wearing their fitted black blazer worth USD 1,900 and a stunning gold dress.

irene red velvet
Image credit: @rubysrenes/ Twitter

If you thought that was all, hold on! Irene has also the legendary luxury jewellery brand Damiani in her brand portfolio. Did you know that Irene’s the first Asian to represent the brand as a muse? Additionally, Irene has been the brand ambassador for Clinique and was also the face of  Hyundai Motors, HiteJinro Chamisul soju brand and more.

Coming to her filmography, Irene has been a part of movies like SMTown: The Stage and Double Patty. She also released the OST for Double Patty, which marked her first solo music. Moreover, she had a cameo role in one of the most famous Korean shows, Descendants of the Sun

Given her expansive work portfolio, Irene has a net worth of USD 4 million in 2023, according to Kpop Starz.

2. Seulgi’s net worth

 

View this post on Instagram

 

A post shared by 슬기 Seulgi (@hi_sseulgi)

Not only is Seulgi a part of the Red Velvet quintet, but also its sub-unit Red Velvet (alongside Irene) and the supergroup Got The Beat (alongside bandmate Wendy). Even before debuting with the girl group in 2004, Seulgi featured in Canadian singer Henry Lau’s songs Butterfly and Fantastic.

Apart from collaborating with various musicians throughout her stint with Red Velvet, Seulgi debuted as a soloist with the release of her first EP,  28 Reasons, in 2022.

Just like her bandmate Irene, Seulgi is also one of the most sought-after K-pop stars. She started off by modelling for Nike Korea”s collection for the South Korean national football team in 2018. In the same year, Seulgi became the first female brand ambassador of Converse Korea and started out by fronting their ‘One Star’ campaign which was a massive hit. Further on, she was also announced as the face of Coca-Cola’s 2020 campaign ‘Little Big Moments’ alongside actor Park Bo Gum.  That’s not all! Seulgi has also worked with  L’Occitane as well as Volkswagen.

Seulgi tasted her first major luxury brand deal with Italian luxury brand Salvatore Ferragamo in 2021. The collaboration kicked off with the brand’s shoe capsule collection campaign, Let’s Dance. Since then, she has actively promoted the brand and even made stunning appearances at their fashion pop-ups.

 

View this post on Instagram

 

A post shared by FERRAGAMO (@ferragamo)

A famous television personality, Seulgi has starred in a number of shows like Off to School, Law of the Jungle in Mexico, Battle Trip, Cool Kids and more, She also made a cameo appearance in Descendents of the Sun.

Looking at this portfolio, Popular Networth and other sources claimed that Seulgi’s net worth also touched USD 4 million in 2023.

3.  Wendy’s net worth

 

View this post on Instagram

 

A post shared by Wendy (@todayis_wendy)

A member of both Red Velvet and Got The Beat, Wendy’s is a gifted vocalist who has also successfully built a flourishing career as a soloist and television personality. She made her solo debut with the 2021 EP Like Water, which contained a total of five songs. Wendy has also lent her voice to various drama soundtracks, including those for Uncontrollably Fond, The Beauty Inside, Touch Your Heart and The King: Eternal Monarch.

Talking about her television appearances, Wendy has starred in more than 10 shows in the capacity of a host, panellist and contestant. Not to miss her cameo avatar in Descendents of the Sun.

As for brand endorsements, Wendy hasn’t landed any major luxury partnerships yet. She became a presenter of Dongwon Yangban Rice Porridge alongside Irene in 2018, while also joining the L’Occitane Korea family as a muse for their 2020 ‘Be Happy, Smile Again’ campaign.  In 2021, Wendy became the presenter of cosmetic brand Pond’s and has filmed various campaigns for consumers in Korea, Thailand and Indonesia.

All of these ventures have brought her net worth to nearly USD 4 million in 2023, Kbizoom reports.

4. Yeri’s net worth

 

View this post on Instagram

 

A post shared by Yeri (@yerimiese)

Kim Ye-rim aka Yeri was introduced as the fifth and final member of Red Velvet in 2015, during the promotion of their first EP, Ice Cream Cake. Following her revelation as a Red Velvet member, Yeri joined labelmate Minho from SHINee and N from VIXX as a host for MBC’s music show, Show! Music Core. Apart from partaking in the group’s activities, Yeri continued with her solo ventures and collaborations with other musicians. Finally, in 2019, the music video of Yeri’s first self-composed solo project, Dear Diary, was released.

Yeri also bagged her first solo show, Yeri’s Room, where she was also the main host. Not only this, Yeri starred in tvN’s one-act drama Drama Stage and was selected as the female lead in web series like Blue Birthday and Bitch X Rich. She also made a cameo appearance in Descendents of the Sun just like her bandmates.

Talking about brand collaborations, Yeri partnered with make-up brand Notre Colette to launch her own lipstick collection in 2020. She also modelled for the Korean cosmetic brand, AprilSkin, in the same year.

Taking into account all these alongside her earnings from Red Velvet’s activities, Yeri’s net worth amounts to USD 2 million in 2023, according to Kbizoom.

5. Joy’s net worth

 

View this post on Instagram

 

A post shared by Joy (@_imyour_joy)

It’s safe to say that Joy is the most popular Red Velvet member and one of the most celebrated K-pop idols. Besides her flourishing career as a musician, Joy branched out as an actress with the fourth season of the variety show, We Got Married. Since then, she has gained popularity for her roles in TV dramas like The Liar and His Lover,  TemptedThe One and Only, and Once Upon a Small Town.

She officially debuted as a soloist in 2021, with the mini-album Hello, led by the title track of the same name. The title track topped the iTunes Top Album Charts in 26 countries. Meanwhile, all the other songs in the album made it to the Gaon Digital Chart, with Joy bagging the top spot on the MelOn Female Solo Artist Chart.

Joy has also scored a number of solo CFs, which add massively to her net worth portfolio. In 2018, she became the model and endorser for Lotte’s liquor drink Fitz alongside BTOB’s Yook Sungjae. She was also the official muse for Amore Pacific’s make-up and skincare brand, eSpoir.

Additionally, she has been the face of Aveda South Korea, Estee Lauder’s subsidiary company. In the following years, Calvin Klein picked her up as the face of one of their 2021 campaigns in Korea, and in 2023, she was chosen as the new global brand ambassador for Fresh Beauty, under LVMH. Lastly, she became the South Korean ambassador of Tod’s Italian luxury brand, Hogan, in 2021.

These, paired with her Red Velvet activities, make Joy the wealthiest member of the group. Multiple outlets reported that Joy’s net worth in 2023 amounts to USD 5 million.

Who’s your favourite Red Velvet member?

(Hero and feature image credit: redvelvet.smtown/ Instagram)

Frequently Asked Questions (FAQs)

  • What is Red Velvet’s net worth?

According to multiple reports, Red Velvet’s combined net worth stood at USD 8.06 million in 2022.

  • Which is the richest K-pop girl group?

BLACKPINK is the richest K-pop girl group.

  • Which is the richest K-pop company?

HYBE Corporation is the richest K-pop company.

The story first appeared on Lifestyle Asia Hong Kong

The post Red Velvet’s Net Worth: Find Out Who’s The Richest Member of The K-pop Girl Group! appeared first on Prestige Online - HongKong.

]]>

Red Velvet has been sitting atop K-pop charts with their infectious music for years now, and aren’t ready to give up their throne yet! The SM quintet, comprising Irene, Seulgi, Wendy, Joy and Yeri, have dabbled between their predominantly pop and cutesy style in songs like Dumb Dumb and flaunted their more mature, funky style in powerful ballads like Psycho – treating fans to innovative pop sounds that even K-pop prodigies like BTS and BLACKPINK haven’t delivered yet. Being one of the most popular K-pop girl groups in the world is no easy feat and the girls have clocked in mad hours to build a legacy and earn those envious paycheques! Whether it’s from their group outings, solo activities, sold-out concerts or lucrative brand deals – Red Velvet members have amassed massive wealth and boast an impressive net worth!

Ever since their 2014 debut with Happiness, the group has released two studio albums and around 10 EPs, many of which bagged top awards and recognitions in South Korea. They’ve appeared in the Forbes Korea Power Celebrity list multiple times, have been named one of the most popular K-pop groups by Time and Billboard and even stand as one of the most streamed K-pop artists worldwide on Spotify. Given that Red Velvet has built its own empire in less than a decade, it will be interesting to see what’s their net worth and who’s the wealthiest member of the girl gang. Keep reading!

What is the net worth of Red Velvet?

As of 2022, Red Velvet’s combined net worth stands at USD 8.06 million, according to KBIZoom (via Networthspot).

The group has broken several musical records over the years, starting with becoming the first K-pop girl group to chart a debut single on the Billboard World Digital Songs with their debut single Happiness. In April 2018, Red Velvet became the first-ever K-pop group to perform in North Korea since 2003, as part of a special concert. If that’s not enough, they’re also the first K-pop girl group to top the ‘World Albums’ chart four times, thanks to their tracks The RedRookieThe Red Summer, and Perfect Velvet.

In 2017, the girls also got their own reality TV show,  Level Up Project, which showcases the BTS footage of the members as they visit different parts of the world in between promotions. The Korean variety show has been filmed across locations like Pattaya, Slovania, Seoul and Jeju.

Coming to their brand collaboration deals, each member has racked up deal after deal with luxury maisons. These include Prada, Miu Miu, Ferragamo, Damiani and Hogan. Their luxury portfolio is only expanding with time, adding to their whopping net worth. Their global brand power is even reflected in their inclusion in various celebrity power lists. In 2019, Billboard crowned Red Velvet as ‘the best idol group alive’. The South Korean government has also credited the group for largely promoting K-pop around the world.

Red Velvet members: Earnings, endorsements and more

All five members have also branched out of group activities and cemented their credibility as soloists, worked with notable brands and made impressive investments – all of which have added to their individual net worths. Let’s take a look:

1. Irene’s net worth

 

View this post on Instagram

 

A post shared by IRENE (@renebaebae)

The charismatic leader of Red Velvet, Irene has branched out as a television host and actress apart from partaking in the group’s activities. She’s hailed as the ‘CF queen’ given her massive brand power and numerous endowment deals ranging from cosmetics, apparel and even basic commodities.

Irene was announced as the brand ambassador of Prada in 2020 alongside EXO‘s Chanyeol. The idol/actress heavily promoted Prada’s fashion looks on her Instagram handle, treating all fashion aficionados with the brand’s exquisite apparel.

Before Irene’s Prada deal was her partnership with Miu Miu. Following her brand ambassadorship announcement, the artist even attended their show at the Paris Fashion Week in 2019. Irene was decked head to toe in their Spring/Summer 2019 collection, wearing their fitted black blazer worth USD 1,900 and a stunning gold dress.

irene red velvet
Image credit: @rubysrenes/ Twitter

If you thought that was all, hold on! Irene has also the legendary luxury jewellery brand Damiani in her brand portfolio. Did you know that Irene’s the first Asian to represent the brand as a muse? Additionally, Irene has been the brand ambassador for Clinique and was also the face of  Hyundai Motors, HiteJinro Chamisul soju brand and more.

Coming to her filmography, Irene has been a part of movies like SMTown: The Stage and Double Patty. She also released the OST for Double Patty, which marked her first solo music. Moreover, she had a cameo role in one of the most famous Korean shows, Descendants of the Sun

Given her expansive work portfolio, Irene has a net worth of USD 4 million in 2023, according to Kpop Starz.

2. Seulgi’s net worth

 

View this post on Instagram

 

A post shared by 슬기 Seulgi (@hi_sseulgi)

Not only is Seulgi a part of the Red Velvet quintet, but also its sub-unit Red Velvet (alongside Irene) and the supergroup Got The Beat (alongside bandmate Wendy). Even before debuting with the girl group in 2004, Seulgi featured in Canadian singer Henry Lau’s songs Butterfly and Fantastic.

Apart from collaborating with various musicians throughout her stint with Red Velvet, Seulgi debuted as a soloist with the release of her first EP,  28 Reasons, in 2022.

Just like her bandmate Irene, Seulgi is also one of the most sought-after K-pop stars. She started off by modelling for Nike Korea”s collection for the South Korean national football team in 2018. In the same year, Seulgi became the first female brand ambassador of Converse Korea and started out by fronting their ‘One Star’ campaign which was a massive hit. Further on, she was also announced as the face of Coca-Cola’s 2020 campaign ‘Little Big Moments’ alongside actor Park Bo Gum.  That’s not all! Seulgi has also worked with  L’Occitane as well as Volkswagen.

Seulgi tasted her first major luxury brand deal with Italian luxury brand Salvatore Ferragamo in 2021. The collaboration kicked off with the brand’s shoe capsule collection campaign, Let’s Dance. Since then, she has actively promoted the brand and even made stunning appearances at their fashion pop-ups.

 

View this post on Instagram

 

A post shared by FERRAGAMO (@ferragamo)

A famous television personality, Seulgi has starred in a number of shows like Off to School, Law of the Jungle in Mexico, Battle Trip, Cool Kids and more, She also made a cameo appearance in Descendents of the Sun.

Looking at this portfolio, Popular Networth and other sources claimed that Seulgi’s net worth also touched USD 4 million in 2023.

3.  Wendy’s net worth

 

View this post on Instagram

 

A post shared by Wendy (@todayis_wendy)

A member of both Red Velvet and Got The Beat, Wendy’s is a gifted vocalist who has also successfully built a flourishing career as a soloist and television personality. She made her solo debut with the 2021 EP Like Water, which contained a total of five songs. Wendy has also lent her voice to various drama soundtracks, including those for Uncontrollably Fond, The Beauty Inside, Touch Your Heart and The King: Eternal Monarch.

Talking about her television appearances, Wendy has starred in more than 10 shows in the capacity of a host, panellist and contestant. Not to miss her cameo avatar in Descendents of the Sun.

As for brand endorsements, Wendy hasn’t landed any major luxury partnerships yet. She became a presenter of Dongwon Yangban Rice Porridge alongside Irene in 2018, while also joining the L’Occitane Korea family as a muse for their 2020 ‘Be Happy, Smile Again’ campaign.  In 2021, Wendy became the presenter of cosmetic brand Pond’s and has filmed various campaigns for consumers in Korea, Thailand and Indonesia.

All of these ventures have brought her net worth to nearly USD 4 million in 2023, Kbizoom reports.

4. Yeri’s net worth

 

View this post on Instagram

 

A post shared by Yeri (@yerimiese)

Kim Ye-rim aka Yeri was introduced as the fifth and final member of Red Velvet in 2015, during the promotion of their first EP, Ice Cream Cake. Following her revelation as a Red Velvet member, Yeri joined labelmate Minho from SHINee and N from VIXX as a host for MBC’s music show, Show! Music Core. Apart from partaking in the group’s activities, Yeri continued with her solo ventures and collaborations with other musicians. Finally, in 2019, the music video of Yeri’s first self-composed solo project, Dear Diary, was released.

Yeri also bagged her first solo show, Yeri’s Room, where she was also the main host. Not only this, Yeri starred in tvN’s one-act drama Drama Stage and was selected as the female lead in web series like Blue Birthday and Bitch X Rich. She also made a cameo appearance in Descendents of the Sun just like her bandmates.

Talking about brand collaborations, Yeri partnered with make-up brand Notre Colette to launch her own lipstick collection in 2020. She also modelled for the Korean cosmetic brand, AprilSkin, in the same year.

Taking into account all these alongside her earnings from Red Velvet’s activities, Yeri’s net worth amounts to USD 2 million in 2023, according to Kbizoom.

5. Joy’s net worth

 

View this post on Instagram

 

A post shared by Joy (@_imyour_joy)

It’s safe to say that Joy is the most popular Red Velvet member and one of the most celebrated K-pop idols. Besides her flourishing career as a musician, Joy branched out as an actress with the fourth season of the variety show, We Got Married. Since then, she has gained popularity for her roles in TV dramas like The Liar and His Lover,  TemptedThe One and Only, and Once Upon a Small Town.

She officially debuted as a soloist in 2021, with the mini-album Hello, led by the title track of the same name. The title track topped the iTunes Top Album Charts in 26 countries. Meanwhile, all the other songs in the album made it to the Gaon Digital Chart, with Joy bagging the top spot on the MelOn Female Solo Artist Chart.

Joy has also scored a number of solo CFs, which add massively to her net worth portfolio. In 2018, she became the model and endorser for Lotte’s liquor drink Fitz alongside BTOB’s Yook Sungjae. She was also the official muse for Amore Pacific’s make-up and skincare brand, eSpoir.

Additionally, she has been the face of Aveda South Korea, Estee Lauder’s subsidiary company. In the following years, Calvin Klein picked her up as the face of one of their 2021 campaigns in Korea, and in 2023, she was chosen as the new global brand ambassador for Fresh Beauty, under LVMH. Lastly, she became the South Korean ambassador of Tod’s Italian luxury brand, Hogan, in 2021.

These, paired with her Red Velvet activities, make Joy the wealthiest member of the group. Multiple outlets reported that Joy’s net worth in 2023 amounts to USD 5 million.

Who’s your favourite Red Velvet member?

(Hero and feature image credit: redvelvet.smtown/ Instagram)

Frequently Asked Questions (FAQs)

  • What is Red Velvet’s net worth?

According to multiple reports, Red Velvet’s combined net worth stood at USD 8.06 million in 2022.

  • Which is the richest K-pop girl group?

BLACKPINK is the richest K-pop girl group.

  • Which is the richest K-pop company?

HYBE Corporation is the richest K-pop company.

The story first appeared on Lifestyle Asia Hong Kong

The post Red Velvet’s Net Worth: Find Out Who’s The Richest Member of The K-pop Girl Group! appeared first on Prestige Online - HongKong.

]]>
Everything About Lachlan Murdoch: Business Empire, Net Worth, Houses And Yachts https://www.prestigeonline.com/hk/lifestyle/wealth-management/lachlan-murdoch-business-empire-net-worth-houses-yachts/ Fri, 29 Sep 2023 10:53:08 +0000 https://www.prestigeonline.com/hk/?p=286602 Lachlan Murdoch net worth

On 21 September 2023, media titan Rupert Murdoch announced that his son, Lachlan Murdoch, would now head the empire he built. As such, the younger Murdoch became the new chairman of News Corporation (News Corp.) while serving his current roles as executive chairman and chief executive officer of the sister company Fox Corporation (Fox Corp.). Of course, the change at the top ensures that Lachlan Murdoch might see a rise in his net worth as a media mogul.

Rupert Murdoch, who is 92 years old, will also step aside from the board and serve as chairman emeritus of both companies. The formal decision to crown Lachlan ends a long succession drama, which, reportedly, inspired HBO’s acclaimed TV show Succession (2018–2023).

Lachlan Murdoch is the third child and eldest son of Rupert Murdoch. Lachlan’s siblings include older half-sister Prudence, older sister Elisabeth, younger brother James and younger half-sisters Grace and Chloe.

Lachlan was born in England on 8 September 1971. He was educated at private schools in the US and graduated with a bachelor’s degree in philosophy from Princeton University in 1994. He is married to British-Australian model and TV presenter Sarah O’Hare since 1999 and has three children.

Although Lachlan Murdoch was the chosen successor, conflicts in the family, especially a bitter relationship between Lachlan and his brother James, were apparent. Lachlan himself left his father’s side in 2005 to chart his own path before returning in 2014.

“It’s like the royal family,” Alan Knight, professor of journalism at the University of Technology in Sydney, told Reuters in 2014 when Lachlan came back into the Murdoch fold.

“Murdoch senior has always treated News Corp as a family business and this guy [Lachlan] is just basically accepting his inheritance,” he added.

All about Lachlan Murdoch, the empire and his net worth

Rupert Murdoch’s companies that Lachlan now heads

News Corp Fox Corp
The 1211 Avenue of the Americas building in New York City. Both News Corp. and Fox Corp. are headquartered here. (Image credit: Coolcaesar/CC BY-SA 3.0/Wikimedia Commons)

At the age of 22, Rupert Murdoch began building his media empire in 1952 when he inherited a small Australian newspaper, The News, upon the death of his father, Sir Keith Murdoch. By 2023, the senior Murdoch sat at the helm of some of the world’s most important newspapers, broadcast networks, publishing houses and other media entities in Australia, New Zealand, the UK and the US.

According to Forbes, the net worth of Rupert Murdoch and his family is around USD 17 billion, as of 29 September 2023. Bloomberg Billionaires Index estimates that Murdoch’s personal net worth is around USD 8 billion.

Rupert Murdoch created the original News Corp. in 1980 as the holding company of all the media entities he owned. It was headquartered in Adelaide, Australia until it was moved to the US in 2004.

The original News Corp. was split into 21st Century Fox and the current News Corp. in 2013.

In 2019, Disney acquired 21st Century Fox and some other key assets of the Fox brand of entertainment businesses for USD 71.3 billion. The deal led to the departure of several Fox-owned entertainment entities, such as the Marvel characters Deadpool, X-Men, and Fantastic Four as well as the animated sitcom Simpsons.

It also led to the formation of Fox Corp., with assets mainly in television broadcast, news and sports broadcasting.

The News Corp. currently owns The Sun, The Times, The Australian, Herald Sun, The Daily Telegraph, Page Six, REA, Realtor.com, several businesses under News Corp Australia, and book publisher HarperCollins among several other major or minor publications and sites through various companies. It also owns Dow Jones & Company, which publishes the stock market index Dow Jones and the prestigious financial newspaper The Wall Street Journal.

Fox Corp. owns Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, and the national operations of Fox Sports and Tubi Media Group.

Lachlan Murdoch’s businesses in Australia

Lachlan Murdoch joined his father’s empire and served in a number of senior executive roles from 1994 to 2005. In 2000, he was made the deputy chief operating officer (COO) of the then News Corp.

Within this role, he became the chairman of Fox Television Stations (FTS) and publisher of the New York Post — both of which witnessed tremendous growth under his leadership. He served as deputy COO till 2005 when he abruptly parted ways with his father’s empire to go on his own.

He had already been involved in acquisitions and creations of media entities in Australia while working to increase his father’s empire. However, Lachlan Murdoch established a firmer footing Down Under after stepping down from News Corp.

In 2005, he founded the successful private investment company Illyria in Australia and, through it, initially acquired 50 per cent of the radio station network DMG Radio for around USD 86 million.

DMG Radio was subsequently renamed NOVA Entertainment. The remaining 50 per cent was fully acquired by Illyria in 2012. Murdoch serves as the executive chairman of NOVA Entertainment and, under him, the business has become Australia’s No.1 network of FM stations.

He also bought a 9 per cent stake in regional free-to-air television company Prime Media Group Ltd in 2009. Three years later, he sold his stake for a profit of USD 10 million.

In 2010, he purchased a 9 per cent stake from billionaire James Packer to gain a foothold in Ten Network Holdings. When he returned to the US to become the non-executive co-chairman of entertainment company 21st Century Fox and publishing operation News Corp. in 2014, Murdoch relinquished his position as non-executive chairman of Ten to avoid conflict of interest.

But he also suffered some setbacks. Chief of these was a failed bid for pay-TV company Consolidated Media Holdings. He wanted to buy a stake in the business for USD 3 billion in a deal with Packer, who was then the chairman of the group.

Four years before his post-2005 attempt at setting himself firmly in Australia, Murdoch had lost around half a billion US dollars with the collapse of telecommunications company One.Tel, which he had co-founded with Packer. 

Lachlan back in his father’s business

Once back in the US, Lachlan Murdoch was immediately seen as his father’s successor.

When he became the non-executive co-chairman of the business in 2014,  Rupert Murdoch said in a statement, “This appointment is a sign of confidence in the growth potential of News Corp and a recognition of Lachlan’s entrepreneurial leadership and passion for news, digital media and sport. In this elevated role, Lachlan will help us lead News Corp forward as we expand our reach and invest in new technologies and markets around the world.”

A year later, Lachlan Murdoch was named the executive chairman at 21st Century Fox. Following Disney’s acquisition of 21st Century Fox, Murdoch began serving as the executive chair and CEO of Fox Corp.

What is the net worth of Lachlan Murdoch?

Lachlan Murdoch is a billionaire by net worth. In 2023, the Australian Financial Review (AFR), a major media house not part of Rupert Murdoch’s empire, estimated that Lachlan Murdoch had a net worth of AUD 3.35 billion (around USD 2.2 billion). He was placed 33rd on AFR’s rich list, with a year-on-year change in the negative of -15.3 per cent.

The junior Murdoch was certainly born into wealth and has helped increase his father’s fortune as well as his own over the years, particularly in Australia. He played a key role in News Corp’s stake in REA Group, student loans business Credible and streaming business Tubi.

According to the Bloomberg Billionaires Index, Fox Corp. recorded a revenue of USD 14.9 billion in the year up to 30 June 2023.

In 2007, the Murdoch family trust announced that each of Rupert Murdoch’s six children was getting USD 100 million of News Corp stock and an additional USD 50 mn in cash.

The Murdoch family trust, according to Reuters, is what would likely create another succession battle in the future.

According to a report by Australian Broadcasting Corporation (ABC), when Rupert Murdoch divorced his second wife, Anna Torv — the mother of Elisabeth, Lachlan, and James — in 1999, she requested that only her three children and Prudence would have control over the trust upon the death of Rupert Murdoch.

The trust allows the senior Murdoch to control News Corp. and Fox Corp. through around 40 per cent stake in voting shares of each company. These voting rights will be transferred to his four children upon his death. According to Reuters, this means that if three of the children agree, the fourth can be voted out.

Since only the four children have the rights to his empire, Rupert Murdoch distributed his USD 12 billion share from the Disney acquisition of 21st Century Fox equally between them. As such Lachlan received USD 2 billion in Disney stock.

Details about the exact annual income of the younger Murdoch are not clear. Fox Corp’s public filings with the US Securities and Exchange Commission (SEC) show that he received a base salary of USD 3 million for fiscal year 2022. Business Insider, citing the filing, said that his total compensation came to around USD 21.7 million.

Assets owned by Lachlan Murdoch

Bel-Air mansion

Chartwell Lachlan
An aerial view of Chartwell mansion, which is owned by Lachlan Murdoch. (Image credit: Jade Mills)

The most famous of all properties owned by Lachlan Murdoch is a mansion in the Bel-Air neighbourhood of Los Angeles, California. The mansion’s formal name is Chartwell, but it also got the nickname ‘The Beverly Hillbillies’ after its appearance as the Clampett family home in the credits of the sitcom The Beverly Hillbillies (1962–1971).

Murdoch purchased the property in 2019 when he was the co-chairman of News Corp., paying USD 150 million for it. At the time, it was the most expensive property sold in California’s history.

Measuring 40,470 sq metres in total area the property has a 26-room French neoclassical-style main mansion of 2,322 sq metres sitting amid expansive, manicured gardens. The main building, which looks like a European royal residence, was commissioned by civil engineer Lynn Atkinson in the 1930s and designed by the legendary American architect Sumner Spaulding.

It was acquired by Chicago and Los Angeles hotelier Arnold Kirkeby for USD 200,000 in the 1940s. Andrew Jerrold Perenchio, the chairman and CEO of Univision, bought the property in 1986 for USD 14 million. He not only renovated the entire mansion with the help of French interior designer Henri Samuel but also added three adjacent parcels of land over the next few years leading to the size of the current plot.

All three plots originally had buildings, two of which Perenchio demolished and one of which he converted into a 530-square-metre guest house. One of the plots became a mega driveway that can hold 40 cars. The other was converted into a grass-covered helipad.

Perenchio also acquired the neighbouring property which served as a residence of former US President Ronald Reagan and First Lady Nancy Reagan in 2016. Perenchio died in 2017, sometime after which the entire estate, including the Reagan home, was put up for sale for a listed price of USD 350 million before it went for far below, to Murdoch.

The main residence, which has a limestone facade, has 11 bedrooms and 18 bathrooms. The rooms were renovated in the late 1980s by French interior designer Henri Samuel. There is a ballroom with a grand piano, an 18-seat formal dining room, with mid-1700s panelled walls imported from Europe, scaled formal rooms, and a vaulted foyer. The climate-controlled wine vault has space for 12,000 bottles.

The most unique feature of the residence is its network of tunnels at the subterranean level below the main building. One of the tunnels leads to the estate’s massive swimming pool and the pool house. The other opens to the gardens and ponds. The estate also has a private redwood grove, in other words, a small forest.

The massive estate also attracts one of the highest annual tax bills in the Los Angeles area, with the owner having to pay USD 1.3 million.

Ranch and lodge in Aspen, Colorado

Aspen main
Mudoch’s home in Aspen, Colorado. (Image credit: Realtor)

In 2017, Murdoch purchased a luxury ranch worth USD 29 million in the world-famous ski resort town of Aspen nestled in the Rocky Mountains of Colorado.

Spread over an area of 182,110 sq metres, the ranch has a luxury lodge measuring 1254 sq metres. According to Daily Mail, The entrance to the mega property has a 3.3-metre-tall glass front door. The house has six bedrooms, with six-and-half baths. The rooms are decorated with custom chandeliers.

Aspen property
Aspen property
Lachlan Murdoch net worth

Most of the rooms and even the bathrooms have floor-to-ceiling windows which were constructed from the thickened glass that are used in skyscrapers. The floors are made of wide-plank walnut wood and the ceiling of cedar wood. The kitchen has Italian marble countertops. There is a fitness room, home theatre and den in the house.

Outside the living room is a wrap-around terrace, offering Murdoch’s family and their guests magnificent views of Red Mountain, Mt. Sopris, and the Continental Divide. The views of the mountains can also be enjoyed from the comfort of the soaking tubs in the spa-esque bathrooms.

Boat Shed in Point Piper

Murdoch added to his properties in Australia when he bought a boat shed in Sydney’s Point Piper for USD 30 million. The boat shed is spread over a land area of 1,973 sq metres and a waterfront measuring 40 metres.

The cost of the boat shed was high because it sat on the deep water side of Point Piper, making it perfect for the berthing of large-size luxury yachts. What makes Murdoch’s boat shed special is that it is one of the largest privately owned marina facilities in the area attached to a residence.

That residence is an attractive two-storey building covered in green shingles. It has a wood workshop where boats can be stored and repaired if needed and two boat docks with four moorings.

Its living space has hardwood floors, vaulted ceilings and picture windows. The house follows an open concept with two bedrooms, one bathroom, a living room, a dining area and a kitchen. There is space large enough to park seven cars. The waterfront yard has a swimming pool and spa surrounded by lawn.

Murdoch and Sarah also owned another property at Point Piper, which he sold for around USD 14.55 million in 2005. They quickly invested USD 5.7 million to buy a waterfront residence at Bronte Beach, which they sold nine years later for USD 9 million.

Bronte
A view from the Bronte Beach property. (Image credit: Realestate.com.au)

Bellevue Hill Estate

Australian media reported in November 2009 that Murdoch bought a Bellevue Hill Estate called Le Manoir for around USD 18 million. The building used to house the French trade commissioner in Sydney and is located in close proximity to Point Piper. Murdoch won it in a closely contested auction, which had a bevvy of famous names bidding for the property. Among them were Oscar winners Nicole Kidman and Russell Crowe. Interestingly, Crowe had purchased Murdoch and Sarah’s Elizabeth Bay house named Berthong in 2003.

Le Manoir is a 4,000-square-metre Georgian-style house with six bedrooms. It is located on Victoria Road, from where the views of the Sydney Harbour to the Pacific Ocean are simply breathtaking. Inside the house are two study rooms, five bathrooms, a guest room, and a large reception hall among other living areas. Outside are a tennis court, a swimming pool and a three-car garage accessible via a long, private driveway. For security, it has 3-metre-tall fences and an electric steel gate.

Murdoch spent around USD 8 million more on the renovation of the property after buying it. AFR reported in 2018 that he spent around USD 3 million more to buy a neighbouring property along with its authority-approved plans to prevent its owners from blocking his mansion’s view. The purchase added 588 square metres to his original property and was originally done in 2016 via a proxy. The transfer of the property was made in Murdoch and Sarah’s name in 2017.

Yachts

In 2022, Murdoch purchased a motor yacht named Istros for USD 22.5 million in Europe and had it delivered to Australia. The yacht is 43 metres long and has been spotted at his dock in a boat shed in Point Piper. It was originally built in 1954 and was extensively refurbished years later.

According to The Sydney Morning Herald (SMH), the yacht won the grand prize for the best-restored vessel at Monaco’s Classic Yacht Show in 2001. It fell into disuse. Dutch superyacht maker Van Geest Design then gave a complete makeover to the yacht before its eventual sale.

Istros has five staterooms which can accommodate up to 10 guests. It has a fully stocked private bar and lounge area on the top deck. There is also state-of-the-art satellite TV technology for the entertainment of the owners and guests. It has a maximum cruise speed of 13.5 knots (25 km/h) and a range of 6,297 km. 

Lachlan Murdoch net worth yacht
Murdoch’s motor yacht Istros. (Image credit: Feadship)

Istros is not the only yacht that Murdoch has. He also owns a 60-metre sloop which, according to another SMH report is named Sarissa, which was delivered to him in mid-2023 by the Dutch shipyard Royal Huisman. He took the yacht out in July on a family vacation at Positano off the Amalfi Coast in Italy, accompanied by his family, his father, his siblings and their families except James.

Sarissa is a luxury sailing vessel that cost Murdoch around USD 150 million. It is the largest carbon fibre yacht ever built in Holland and was known by its code name ‘Project 404′ or ‘MM597’ throughout its construction. The vessel can accommodate 12 guests and 10 crew. Its architect is Malcolm McKeon and its interiors have been done by French minimalist interior designer Studio Liaigre, which is known for working on the boats of the ultra-rich.

Interestingly, Murdoch owned another yacht named Sarissa. It measured around 42.6 metres and had a floating resort with a kids’ pool along with a rock climbing wall. It was on this yacht on which his father suffered a severe back injury while holidaying in the Caribbean in 2018, triggering the first succession crisis in the family.

AFR reports that the yacht is now known as Sharlou, which indicates that it may not be with Murdoch anymore.

Private Jet

Gulfstream G550
The interiors of a Gulfstream G550. (Image credit: Konstantin von Wedelstaedt/GFDL 1.2/Wikimedia Commons)

A report by AFR hints that Lachlan Murdoch reportedly has one private jet, a USD 90 million pre-owned Gulfstream G550. The jet is technically owned by News Corp. but is used by Murdoch for his frequent flights between Sydney and Los Angeles.

The Gulfstream G550 is one of the most famous business jets in the world. It is believed that billionaire entrepreneur Elon Musk also has one in his collection. The jet, which is also part of several militaries around the world, has an ultra-long flight range of 12,501 km and a maximum speed of 1086 km/h, backed on the power of two Rolls-Royce BR710 engines. The aircraft comes with an integrated glass flight deck. It can seat up to 19 passengers in four customisable living areas.

Cars

The junior Murdoch is a fan of luxury four-wheelers that come with the promise of speed. But unlike the more robust information about his other assets, there is no clarity on the number or type of cars he owns.

It is believed that he has multiple Rolls-Royce, Lamborghini, Ferrari and Bugatti in his garages. Yet there is one car brand to which he has been most closely connected — Porsche.

In 2010, some media houses reported that he had placed an order for two Porsche Panamera Gran Turismo cars. The news was firmly rejected by his team and Porsche also issued an apology due to a communication mix-up at its Panamera V6 launch in Germany which led to the media reports.

“It is correct that Mr Murdoch has driven a Panamera, and that he has also driven other Porsches in the past, but it is incorrect that Mr Murdoch has ordered one, indeed two, Panameras,” the company said in a statement.

(Hero and Featured images: Robyn Beck/AFP)

Frequently Asked Questions (FAQs)

Who is the richest Murdoch?

The richest Murdoch is Rupert Murdoch, the creator of the family’s media empire. His personal net worth is estimated at around USD 8 billion. With the family’s fortune taken together, his net worth, according to Forbes, comes to around USD 17 billion.

Who is Rupert Murdoch’s son?

Rupert Murdoch has two sons: Lachlan and James.

The post Everything About Lachlan Murdoch: Business Empire, Net Worth, Houses And Yachts appeared first on Prestige Online - HongKong.

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Lachlan Murdoch net worth

On 21 September 2023, media titan Rupert Murdoch announced that his son, Lachlan Murdoch, would now head the empire he built. As such, the younger Murdoch became the new chairman of News Corporation (News Corp.) while serving his current roles as executive chairman and chief executive officer of the sister company Fox Corporation (Fox Corp.). Of course, the change at the top ensures that Lachlan Murdoch might see a rise in his net worth as a media mogul.

Rupert Murdoch, who is 92 years old, will also step aside from the board and serve as chairman emeritus of both companies. The formal decision to crown Lachlan ends a long succession drama, which, reportedly, inspired HBO’s acclaimed TV show Succession (2018–2023).

Lachlan Murdoch is the third child and eldest son of Rupert Murdoch. Lachlan’s siblings include older half-sister Prudence, older sister Elisabeth, younger brother James and younger half-sisters Grace and Chloe.

Lachlan was born in England on 8 September 1971. He was educated at private schools in the US and graduated with a bachelor’s degree in philosophy from Princeton University in 1994. He is married to British-Australian model and TV presenter Sarah O’Hare since 1999 and has three children.

Although Lachlan Murdoch was the chosen successor, conflicts in the family, especially a bitter relationship between Lachlan and his brother James, were apparent. Lachlan himself left his father’s side in 2005 to chart his own path before returning in 2014.

“It’s like the royal family,” Alan Knight, professor of journalism at the University of Technology in Sydney, told Reuters in 2014 when Lachlan came back into the Murdoch fold.

“Murdoch senior has always treated News Corp as a family business and this guy [Lachlan] is just basically accepting his inheritance,” he added.

All about Lachlan Murdoch, the empire and his net worth

Rupert Murdoch’s companies that Lachlan now heads

News Corp Fox Corp
The 1211 Avenue of the Americas building in New York City. Both News Corp. and Fox Corp. are headquartered here. (Image credit: Coolcaesar/CC BY-SA 3.0/Wikimedia Commons)

At the age of 22, Rupert Murdoch began building his media empire in 1952 when he inherited a small Australian newspaper, The News, upon the death of his father, Sir Keith Murdoch. By 2023, the senior Murdoch sat at the helm of some of the world’s most important newspapers, broadcast networks, publishing houses and other media entities in Australia, New Zealand, the UK and the US.

According to Forbes, the net worth of Rupert Murdoch and his family is around USD 17 billion, as of 29 September 2023. Bloomberg Billionaires Index estimates that Murdoch’s personal net worth is around USD 8 billion.

Rupert Murdoch created the original News Corp. in 1980 as the holding company of all the media entities he owned. It was headquartered in Adelaide, Australia until it was moved to the US in 2004.

The original News Corp. was split into 21st Century Fox and the current News Corp. in 2013.

In 2019, Disney acquired 21st Century Fox and some other key assets of the Fox brand of entertainment businesses for USD 71.3 billion. The deal led to the departure of several Fox-owned entertainment entities, such as the Marvel characters Deadpool, X-Men, and Fantastic Four as well as the animated sitcom Simpsons.

It also led to the formation of Fox Corp., with assets mainly in television broadcast, news and sports broadcasting.

The News Corp. currently owns The Sun, The Times, The Australian, Herald Sun, The Daily Telegraph, Page Six, REA, Realtor.com, several businesses under News Corp Australia, and book publisher HarperCollins among several other major or minor publications and sites through various companies. It also owns Dow Jones & Company, which publishes the stock market index Dow Jones and the prestigious financial newspaper The Wall Street Journal.

Fox Corp. owns Fox Broadcasting Company, Fox Television Stations, Fox News, Fox Business, and the national operations of Fox Sports and Tubi Media Group.

Lachlan Murdoch’s businesses in Australia

Lachlan Murdoch joined his father’s empire and served in a number of senior executive roles from 1994 to 2005. In 2000, he was made the deputy chief operating officer (COO) of the then News Corp.

Within this role, he became the chairman of Fox Television Stations (FTS) and publisher of the New York Post — both of which witnessed tremendous growth under his leadership. He served as deputy COO till 2005 when he abruptly parted ways with his father’s empire to go on his own.

He had already been involved in acquisitions and creations of media entities in Australia while working to increase his father’s empire. However, Lachlan Murdoch established a firmer footing Down Under after stepping down from News Corp.

In 2005, he founded the successful private investment company Illyria in Australia and, through it, initially acquired 50 per cent of the radio station network DMG Radio for around USD 86 million.

DMG Radio was subsequently renamed NOVA Entertainment. The remaining 50 per cent was fully acquired by Illyria in 2012. Murdoch serves as the executive chairman of NOVA Entertainment and, under him, the business has become Australia’s No.1 network of FM stations.

He also bought a 9 per cent stake in regional free-to-air television company Prime Media Group Ltd in 2009. Three years later, he sold his stake for a profit of USD 10 million.

In 2010, he purchased a 9 per cent stake from billionaire James Packer to gain a foothold in Ten Network Holdings. When he returned to the US to become the non-executive co-chairman of entertainment company 21st Century Fox and publishing operation News Corp. in 2014, Murdoch relinquished his position as non-executive chairman of Ten to avoid conflict of interest.

But he also suffered some setbacks. Chief of these was a failed bid for pay-TV company Consolidated Media Holdings. He wanted to buy a stake in the business for USD 3 billion in a deal with Packer, who was then the chairman of the group.

Four years before his post-2005 attempt at setting himself firmly in Australia, Murdoch had lost around half a billion US dollars with the collapse of telecommunications company One.Tel, which he had co-founded with Packer. 

Lachlan back in his father’s business

Once back in the US, Lachlan Murdoch was immediately seen as his father’s successor.

When he became the non-executive co-chairman of the business in 2014,  Rupert Murdoch said in a statement, “This appointment is a sign of confidence in the growth potential of News Corp and a recognition of Lachlan’s entrepreneurial leadership and passion for news, digital media and sport. In this elevated role, Lachlan will help us lead News Corp forward as we expand our reach and invest in new technologies and markets around the world.”

A year later, Lachlan Murdoch was named the executive chairman at 21st Century Fox. Following Disney’s acquisition of 21st Century Fox, Murdoch began serving as the executive chair and CEO of Fox Corp.

What is the net worth of Lachlan Murdoch?

Lachlan Murdoch is a billionaire by net worth. In 2023, the Australian Financial Review (AFR), a major media house not part of Rupert Murdoch’s empire, estimated that Lachlan Murdoch had a net worth of AUD 3.35 billion (around USD 2.2 billion). He was placed 33rd on AFR’s rich list, with a year-on-year change in the negative of -15.3 per cent.

The junior Murdoch was certainly born into wealth and has helped increase his father’s fortune as well as his own over the years, particularly in Australia. He played a key role in News Corp’s stake in REA Group, student loans business Credible and streaming business Tubi.

According to the Bloomberg Billionaires Index, Fox Corp. recorded a revenue of USD 14.9 billion in the year up to 30 June 2023.

In 2007, the Murdoch family trust announced that each of Rupert Murdoch’s six children was getting USD 100 million of News Corp stock and an additional USD 50 mn in cash.

The Murdoch family trust, according to Reuters, is what would likely create another succession battle in the future.

According to a report by Australian Broadcasting Corporation (ABC), when Rupert Murdoch divorced his second wife, Anna Torv — the mother of Elisabeth, Lachlan, and James — in 1999, she requested that only her three children and Prudence would have control over the trust upon the death of Rupert Murdoch.

The trust allows the senior Murdoch to control News Corp. and Fox Corp. through around 40 per cent stake in voting shares of each company. These voting rights will be transferred to his four children upon his death. According to Reuters, this means that if three of the children agree, the fourth can be voted out.

Since only the four children have the rights to his empire, Rupert Murdoch distributed his USD 12 billion share from the Disney acquisition of 21st Century Fox equally between them. As such Lachlan received USD 2 billion in Disney stock.

Details about the exact annual income of the younger Murdoch are not clear. Fox Corp’s public filings with the US Securities and Exchange Commission (SEC) show that he received a base salary of USD 3 million for fiscal year 2022. Business Insider, citing the filing, said that his total compensation came to around USD 21.7 million.

Assets owned by Lachlan Murdoch

Bel-Air mansion

Chartwell Lachlan
An aerial view of Chartwell mansion, which is owned by Lachlan Murdoch. (Image credit: Jade Mills)

The most famous of all properties owned by Lachlan Murdoch is a mansion in the Bel-Air neighbourhood of Los Angeles, California. The mansion’s formal name is Chartwell, but it also got the nickname ‘The Beverly Hillbillies’ after its appearance as the Clampett family home in the credits of the sitcom The Beverly Hillbillies (1962–1971).

Murdoch purchased the property in 2019 when he was the co-chairman of News Corp., paying USD 150 million for it. At the time, it was the most expensive property sold in California’s history.

Measuring 40,470 sq metres in total area the property has a 26-room French neoclassical-style main mansion of 2,322 sq metres sitting amid expansive, manicured gardens. The main building, which looks like a European royal residence, was commissioned by civil engineer Lynn Atkinson in the 1930s and designed by the legendary American architect Sumner Spaulding.

It was acquired by Chicago and Los Angeles hotelier Arnold Kirkeby for USD 200,000 in the 1940s. Andrew Jerrold Perenchio, the chairman and CEO of Univision, bought the property in 1986 for USD 14 million. He not only renovated the entire mansion with the help of French interior designer Henri Samuel but also added three adjacent parcels of land over the next few years leading to the size of the current plot.

All three plots originally had buildings, two of which Perenchio demolished and one of which he converted into a 530-square-metre guest house. One of the plots became a mega driveway that can hold 40 cars. The other was converted into a grass-covered helipad.

Perenchio also acquired the neighbouring property which served as a residence of former US President Ronald Reagan and First Lady Nancy Reagan in 2016. Perenchio died in 2017, sometime after which the entire estate, including the Reagan home, was put up for sale for a listed price of USD 350 million before it went for far below, to Murdoch.

The main residence, which has a limestone facade, has 11 bedrooms and 18 bathrooms. The rooms were renovated in the late 1980s by French interior designer Henri Samuel. There is a ballroom with a grand piano, an 18-seat formal dining room, with mid-1700s panelled walls imported from Europe, scaled formal rooms, and a vaulted foyer. The climate-controlled wine vault has space for 12,000 bottles.

The most unique feature of the residence is its network of tunnels at the subterranean level below the main building. One of the tunnels leads to the estate’s massive swimming pool and the pool house. The other opens to the gardens and ponds. The estate also has a private redwood grove, in other words, a small forest.

The massive estate also attracts one of the highest annual tax bills in the Los Angeles area, with the owner having to pay USD 1.3 million.

Ranch and lodge in Aspen, Colorado

Aspen main
Mudoch’s home in Aspen, Colorado. (Image credit: Realtor)

In 2017, Murdoch purchased a luxury ranch worth USD 29 million in the world-famous ski resort town of Aspen nestled in the Rocky Mountains of Colorado.

Spread over an area of 182,110 sq metres, the ranch has a luxury lodge measuring 1254 sq metres. According to Daily Mail, The entrance to the mega property has a 3.3-metre-tall glass front door. The house has six bedrooms, with six-and-half baths. The rooms are decorated with custom chandeliers.

Aspen property Aspen property Lachlan Murdoch net worth

Most of the rooms and even the bathrooms have floor-to-ceiling windows which were constructed from the thickened glass that are used in skyscrapers. The floors are made of wide-plank walnut wood and the ceiling of cedar wood. The kitchen has Italian marble countertops. There is a fitness room, home theatre and den in the house.

Outside the living room is a wrap-around terrace, offering Murdoch’s family and their guests magnificent views of Red Mountain, Mt. Sopris, and the Continental Divide. The views of the mountains can also be enjoyed from the comfort of the soaking tubs in the spa-esque bathrooms.

Boat Shed in Point Piper

Murdoch added to his properties in Australia when he bought a boat shed in Sydney’s Point Piper for USD 30 million. The boat shed is spread over a land area of 1,973 sq metres and a waterfront measuring 40 metres.

The cost of the boat shed was high because it sat on the deep water side of Point Piper, making it perfect for the berthing of large-size luxury yachts. What makes Murdoch’s boat shed special is that it is one of the largest privately owned marina facilities in the area attached to a residence.

That residence is an attractive two-storey building covered in green shingles. It has a wood workshop where boats can be stored and repaired if needed and two boat docks with four moorings.

Its living space has hardwood floors, vaulted ceilings and picture windows. The house follows an open concept with two bedrooms, one bathroom, a living room, a dining area and a kitchen. There is space large enough to park seven cars. The waterfront yard has a swimming pool and spa surrounded by lawn.

Murdoch and Sarah also owned another property at Point Piper, which he sold for around USD 14.55 million in 2005. They quickly invested USD 5.7 million to buy a waterfront residence at Bronte Beach, which they sold nine years later for USD 9 million.

Bronte
A view from the Bronte Beach property. (Image credit: Realestate.com.au)

Bellevue Hill Estate

Australian media reported in November 2009 that Murdoch bought a Bellevue Hill Estate called Le Manoir for around USD 18 million. The building used to house the French trade commissioner in Sydney and is located in close proximity to Point Piper. Murdoch won it in a closely contested auction, which had a bevvy of famous names bidding for the property. Among them were Oscar winners Nicole Kidman and Russell Crowe. Interestingly, Crowe had purchased Murdoch and Sarah’s Elizabeth Bay house named Berthong in 2003.

Le Manoir is a 4,000-square-metre Georgian-style house with six bedrooms. It is located on Victoria Road, from where the views of the Sydney Harbour to the Pacific Ocean are simply breathtaking. Inside the house are two study rooms, five bathrooms, a guest room, and a large reception hall among other living areas. Outside are a tennis court, a swimming pool and a three-car garage accessible via a long, private driveway. For security, it has 3-metre-tall fences and an electric steel gate.

Murdoch spent around USD 8 million more on the renovation of the property after buying it. AFR reported in 2018 that he spent around USD 3 million more to buy a neighbouring property along with its authority-approved plans to prevent its owners from blocking his mansion’s view. The purchase added 588 square metres to his original property and was originally done in 2016 via a proxy. The transfer of the property was made in Murdoch and Sarah’s name in 2017.

Yachts

In 2022, Murdoch purchased a motor yacht named Istros for USD 22.5 million in Europe and had it delivered to Australia. The yacht is 43 metres long and has been spotted at his dock in a boat shed in Point Piper. It was originally built in 1954 and was extensively refurbished years later.

According to The Sydney Morning Herald (SMH), the yacht won the grand prize for the best-restored vessel at Monaco’s Classic Yacht Show in 2001. It fell into disuse. Dutch superyacht maker Van Geest Design then gave a complete makeover to the yacht before its eventual sale.

Istros has five staterooms which can accommodate up to 10 guests. It has a fully stocked private bar and lounge area on the top deck. There is also state-of-the-art satellite TV technology for the entertainment of the owners and guests. It has a maximum cruise speed of 13.5 knots (25 km/h) and a range of 6,297 km. 

Lachlan Murdoch net worth yacht
Murdoch’s motor yacht Istros. (Image credit: Feadship)

Istros is not the only yacht that Murdoch has. He also owns a 60-metre sloop which, according to another SMH report is named Sarissa, which was delivered to him in mid-2023 by the Dutch shipyard Royal Huisman. He took the yacht out in July on a family vacation at Positano off the Amalfi Coast in Italy, accompanied by his family, his father, his siblings and their families except James.

Sarissa is a luxury sailing vessel that cost Murdoch around USD 150 million. It is the largest carbon fibre yacht ever built in Holland and was known by its code name ‘Project 404′ or ‘MM597’ throughout its construction. The vessel can accommodate 12 guests and 10 crew. Its architect is Malcolm McKeon and its interiors have been done by French minimalist interior designer Studio Liaigre, which is known for working on the boats of the ultra-rich.

Interestingly, Murdoch owned another yacht named Sarissa. It measured around 42.6 metres and had a floating resort with a kids’ pool along with a rock climbing wall. It was on this yacht on which his father suffered a severe back injury while holidaying in the Caribbean in 2018, triggering the first succession crisis in the family.

AFR reports that the yacht is now known as Sharlou, which indicates that it may not be with Murdoch anymore.

Private Jet

Gulfstream G550
The interiors of a Gulfstream G550. (Image credit: Konstantin von Wedelstaedt/GFDL 1.2/Wikimedia Commons)

A report by AFR hints that Lachlan Murdoch reportedly has one private jet, a USD 90 million pre-owned Gulfstream G550. The jet is technically owned by News Corp. but is used by Murdoch for his frequent flights between Sydney and Los Angeles.

The Gulfstream G550 is one of the most famous business jets in the world. It is believed that billionaire entrepreneur Elon Musk also has one in his collection. The jet, which is also part of several militaries around the world, has an ultra-long flight range of 12,501 km and a maximum speed of 1086 km/h, backed on the power of two Rolls-Royce BR710 engines. The aircraft comes with an integrated glass flight deck. It can seat up to 19 passengers in four customisable living areas.

Cars

The junior Murdoch is a fan of luxury four-wheelers that come with the promise of speed. But unlike the more robust information about his other assets, there is no clarity on the number or type of cars he owns.

It is believed that he has multiple Rolls-Royce, Lamborghini, Ferrari and Bugatti in his garages. Yet there is one car brand to which he has been most closely connected — Porsche.

In 2010, some media houses reported that he had placed an order for two Porsche Panamera Gran Turismo cars. The news was firmly rejected by his team and Porsche also issued an apology due to a communication mix-up at its Panamera V6 launch in Germany which led to the media reports.

“It is correct that Mr Murdoch has driven a Panamera, and that he has also driven other Porsches in the past, but it is incorrect that Mr Murdoch has ordered one, indeed two, Panameras,” the company said in a statement.

(Hero and Featured images: Robyn Beck/AFP)

Frequently Asked Questions (FAQs)

Who is the richest Murdoch?

The richest Murdoch is Rupert Murdoch, the creator of the family’s media empire. His personal net worth is estimated at around USD 8 billion. With the family’s fortune taken together, his net worth, according to Forbes, comes to around USD 17 billion.

Who is Rupert Murdoch’s son?

Rupert Murdoch has two sons: Lachlan and James.

The post Everything About Lachlan Murdoch: Business Empire, Net Worth, Houses And Yachts appeared first on Prestige Online - HongKong.

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Inside the World’s Most Exclusive and Expensive Preschools https://www.prestigeonline.com/hk/lifestyle/wealth-management/most-expensive-preschools/ Wed, 27 Sep 2023 06:00:22 +0000 https://www.prestigeonline.com/hk/?p=286194

So you want to give your little one the best start in life? We’re talking serious bragging rights at the private members’ club and networking opportunities that’ll make Ivy League admissions look like a breeze. If money is no object, the world’s most elite and expensive preschools offer state-of-the-art amenities that make the average daycare look little more than a cardboard box.

We’re talking chef-made organic meals, sprawling campuses, and field trips to the Galapagos. Admission is highly competitive, often requiring interviews, assessments, and six-figure donations. For the one percent of the one percent, these exclusive early education experiences are less about ABCs and 123s and more about the connections and privilege. Curious to see how the other half learns? Here’s an inside look at the 10 most expensive preschools in the world.

The crème de la crème of preschooling

From the UK’s Willcocks Nursery School attended by British royals Prince George and Princess Charlotte, to the Buckley School in New York — which caters to the offspring of celebrities and business moguls — these upscale preschools are designed for holistic development amid luxury. There, children aged three to eight can enjoy art lessons, ballet classes, and learn languages. They can focus on their creativity, hone their emotional intelligence, and make some of the most influential connections needed for that quick start in life.

Over in Hong Kong, the preschool programme at Yew Chung International School, Kowloon Tong charges fees ranging from HKD 140,679 to HKD 239,569 (SGD 24,560 to SGD 41,820/ USD 18,000 to USD 30,631) a year, taking the crown as one of the region’s most expensive kindergartens. Its violin programme starts for children as young as age four. Talk about cultivating prodigies!

From learning new languages to developing essential life skills, these exclusive preschools provide children with unique opportunities in unparalleled surroundings. While the fees may be astronomical to the average joe — for those able to afford them, the long-term benefits of such a prestigious early education are priceless. If the past presents any metric of their success, one can only expect these toddlers to grow up to to rule countries, innovate industries, and shape our world.

Here are the most expensive preschools in the world

1. Willcocks Nursery School in London- USD 14,000-19,000 per year

Inside the Willcocks Nursery School in London. (Image: Zak Hussein/Newscom)

Here’s a preschool with the royal stamp of approval. Prince William and Kate Middleton’s youngest son Prince Louis enrolled in the Willcocks Nursery School in 2021 —a few miles from his Kensington Palace address at the Holy Trinity Church in London. His elder sister, Princess Charlotte had also attended the female-run institution. Deemed as the preschool that teaches royals how to walk and talk, Willcocks’ curriculum features developmentally-inclined classes that are befitting of its status.

Facilities and curriculum

Founded in 1964, the nursery school “strives to maintain its ethos for high standards, excellence, and good manners,” according to the school’s website. The students follow a course designed for the “Early Years Foundation Stage,” which focuses on a child’s social and emotional development, physical development, communication, and language. The morning school is available for children ages two to five years and activities like free play, singing, poetry, acting, show and tell, and snack time. The structure also incorporates afternoon school which caters to younger children and includes activities like sports, cooking, painting, and playing with musical instruments. The lunch club is another special course which allows lessons in cooking, painting, and drama. From professionals teaching these advanced classes to local educational outings, there are only exceptional resources packed into its course design.

Admission

For parents to get their children into the school, they must register them and pay a nonrefundable £125 (USD 167) fee. Parents can register their children starting at birth if they choose to. If their children are selected, the school sends an email with a formalised offer. Parents will then pay a £2,000 (USD 2,472) deposit.

Once accepted, parents can sign their toddlers up for morning classes which come at a cost of £3975 (USD 4914.81) per term, afternoon classes at £2400 (USD 2967.43), and lunch club for anywhere between £525 (USD 649.13) per term for one day per week,  to £2100 (USD 2596.50) for all four days. The nursery operates for three terms per school year starting in January, April, and September.

Find out more here.

Address: Holy Trinity Church, Prince Consort Road, Kensington, London SW7 2BA

2. Le Jardin Academy in Hawaii – USD 25,000 Per Year

most expensive preschools in the world
The children enjoy a day outside the classroom in Le Jardin. (Image: Le Hardin Academy)

Le Jardin Academy is one of the world’s most expensive preschools, with an annual tuition of USD 25,000. This private school located on the Hawaiian island of Oahu focuses on developing confident, caring, and well-rounded students through innovative programmes and small class sizes.

Facilities

The curriculum at Le Jardin emphasises creative thinking and problem-solving. Students as young as three years old learn computer coding and robotics. They also study Hawaiian culture, language, and hula dancing. Small class sizes of just 12 students ensure each child receives individualised attention. As part of the enrolment, iPads and e-books are handed out to seamlessly and safely introduce kids to the digital world.

Le Jardin provides a wide range of extracurricular activities to develop students’ talents and passions outside the classroom — one of the key focus areas of the preparatory course. Options include gymnastics, tennis, chess, yoga, and various musical ensembles. The school also has a strong focus on community service, with students participating in beach cleanups, fundraisers, and other events to help people in need.

Admission

Admission to Le Jardin is extremely competitive. The application process begins when children are just 2 years old, and families go through interviews, school visits, and testing to determine if they’ll be accepted. Only about one in five applicants are successful. Once enrolled, students enjoy state-of-the-art facilities including an indoor swimming pool, libraries, playgrounds, and spacious classrooms.

While the tuition at Le Jardin Academy is undoubtedly steep, families find the school’s nurturing environment, high academic standards, and lifelong benefits to be well worth the investment. For those able to afford it, Le Jardin offers an unparalleled start on the pathway to excellence.

Find out more here.

Address: 1004 Kailua Road, Kailua, Hawaii (HI) 96734

3. The Hong Kong Academy in Hong Kong – HKD 195300 Per Year (USD 13,000 – USD 26,000)

With a multicultural backdrop like Hong Kong, its schools and kindergartens naturally gravitate towards a global programme. The Hong Kong Academy, founded in 2000, prides itself as a non-profit, IB World School committed to providing an inclusive educational experience for students from pre-K until Grade 12.

Facilities and curriculum

The playgroup and pre-K classrooms offer environments that are interactive, and fun for every child. Teachers have developed a play-based curriculum that inspires curiosity, collaboration, and enthusiasm. Young learners are encouraged to express themselves through movement, art, music, language, and literacy. The Early Years learning environment is sensory-rich and visually appealing, inviting children to take the lead and drive their own exploration through the use of a range of materials. There is also an incorporation of Mandarin into the programme to encourage bilingualism. Community service is seen as an important learning area and is exercised through organic farming and outdoor playscapes that offer developmentally appropriate challenges. The outcome is to enhance the student’s physical, social, and cognitive learning skills.

In terms of facilities, the school boasts a sleek, glass-panelled building. HKA’s campus was built on sustainable principles and comes lots of with natural light and a space of 23,700 square metre. There are seasonal programs, extra-curricular clubs and after-school classes that help in bringing out the best in any kid.

Admission

Hong Kong Academy has rolling admissions and accepts applications all year round, placing new students throughout the year as spaces become available. Apart from completing the standard application form, the process includes a visit with 30 minutes in one of the school’s pre-K classrooms and increases to 40 minutes for the primary school entrants.

Find out more here.

Address: 33 Wai Man Road, Sai Kung, New Territories, Hong Kong SAR

4. The Co-Op School in New York – USD 28,000 Per Year

the most expensive preschools in the world
Kids enjoy a hands-on class of arts and crafts. (Image: The Co-op school)

The Co-Op School in New York City is one of the most prestigious preschools in the world, with an annual tuition of USD 28,000 per student. To even be considered for admission, children must be at least 2 years and 9 months of age by the start of the school year. The application process is highly competitive, with only about 7% of applicants gaining acceptance.

Facilities and curriculum

The Co-Op School’s facilities are state-of-the-art, with each classroom equipped with the latest gadgets. The curriculum focuses on learning through play and exploration. Core classes include arts and crafts, music and movement, math, science, and literacy. Students also take part in yoga, swimming, and foreign language lessons. The low student-teacher ratio of 5 to 1 ensures each child receives individualised attention and support. Guided by the Reggio Emilia approach which states that “students of all ages are capable, competent, curious people full of potential and knowledge who have preferences, interests, and opinions,” the school allows students from the Pre-K routine to experiment with special classes in categories of science, creative making, music, and movement.

The students can also participate in a variety of after-school programs like dance, gymnastics, tennis, and coding. The school also frequently takes students on exciting field trips to museums, theatres, and cultural events around the Big Apple. These activities and outings aim to expose children to new interests and help them discover their passions early on.

Parental involvement

As a Co-op school, parental involvement is an important part of the experience. Parents are required to volunteer in the classroom, assist on field trips, and help organise school events. While the tuition and time commitment may seem demanding, some parents find that the opportunities for their children and the whole family are well worth the investment. The tight-knit community and life-long friendships formed at the school make it a life-changing experience.

Attending an elite preschool like the Co-op School provides children with advantages that can shape their development and open up opportunities for years to come. For those able to afford the high costs of admission, the Co-op School offers an unparalleled early education and community that money simply can’t buy elsewhere.

Find out more here.

Address: 644 Gates Avenue, Brooklyn, NY 11221

5. Yew Chung International School in Hong Kong – From HKD 239,569 (USD 30,600) Per Year

Yew Chung International School (YCIS) looks at education through a local yet global lens, implementing bilingual and co-cultural learning through a co-principal and co-teaching model. Some of the notable alumni from the school include fencer Chu Ka Mong, singer and actor William Chan, and professional footballer Jared Sean Gallagher. Its Shanghai branch is popular among Taiwanese and Hong Kong celebrities the likes of Wu Chun, Ada Choi, Yumiko Cheng, and Jordan Chan and Cherrie Ying — all of whom have all sent their kids there. 

Facilities and curriculum

YCIS provides high-quality, bilingual learning and through-train education to students with the school’s philosophy focusing on providing a fully rounded and balanced education for each child. Teachers emphasise on dual language acquisition to produce confident, balanced, and socially responsible individuals. YCIS courses are offered in both English and Mandarin from early childhood, through primary and secondary classes. The institution also has schools in Shanghai, Beijing, Chongqing, Qingdao in China, and Silicon Valley in the United States.

YCIS Kow Loon is equipped with flexible learning spaces, including a Global Learning Centre and Learning Communities. It also has an auditorium, a gymnasium, an indoor swimming pool, computer labs, music rooms, art and design studios, an exercise room, a basketball court, a cafeteria, and outdoor playgrounds.

Admissions

For kids, the grades are marked Early Childhood Education for 6 months to 4 years, and Lower Primary from ages 5 to 7. Admissions require hopefuls to register online on the school’s portal, followed by a placement test or interview, application review, and decision notification. For the infant and toddler programme, 4 full days of learning per week is matched with an annual price tag of HKD 239,569 (USD 30,622.69). To move on to primary school, a one-time deposit of HKD 1,000 (USD 127.82) is required, proceeded by ten instalments amounting to HKD 251,420 annually. (USD 32,137.54)

Find out more here.

Address: 3 To Fuk Road, Kowloon Tong, Hong Kong

6. EtonHouse in Sentosa, Singapore – From SGD 38,534 (USD 28,180) Per Year

The toddlers of Singapore are not going to be left behind, especially the little ones graduating from the prestigious EtonHouse in Sentosa. The state-of-the-art school gives kids the best infrastructure needed for being ahead of their peers.

Facilities and curriculum

The Reggio Emilia-inspired programme offers a range of specially-curated hands-on experiences to support the development of children aged between 12 to 18 months. The curriculum encourages developing critical and creative thinking skills, social competence, and bilingual skills apart from competencies around literacy and numeracy. The course is designed to bring out collaborative understanding and build life skills through physical, social, and sensory encounters. For later years, the child-focused curriculum turns to a bilingual environment with a focus on dialogue, singing, movement, drawing, painting, designing and constructing, collage, dramatic play and music.

Admissions

For preschool applications, EtonHouse Sentosa Pre-School requires parents to pay a one-time, non-refundable registration fee of SGD 2,600 ( USD 1907.23, excluding GST). A refundable preschool deposit (SGD 5,559 i.e. USD 4077.80 for Step-Up to Year 1) is also charged. An assortment of documents needs to be furnished by the parents which include all of the ward’s information including immunisation, and learning records among others. The admission is competitive, and if selected, a formal Letter of Offer is issued. For those parents looking to admit their child to this exclusive preschool, termly charges run somewhere in the late eight-grand bracket. If you’re looking for pre-nursery i.e. 18 months to 2 years old, the 5-day charge comes to about SGD 9,633.42 per term( USD 7066.60).

Find out more here.

Address: 33 Allanbrooke Road, Sentosa, Singapore 099981 (5 mins from Sentosa Cove and Harbourfront)

7. The Australian International School in Singapore – From SGD 39,567 (USD 29,000) Per Year

AIS’s truly global education begins with the International Baccalaureate Primary Years Program (IB PYP) from preschool to year 5. With a tuition fee of over USD 25,00o per year for their early year education programme, rest assured you’re doing the best for your child.

Faculty and curriculum

The only school in Singapore which provides a mix of Australian and international curricula, AIS students entering the first few years of education are neatly categorised based on infant care schedules and those of ages 18 months to 5 years. For infants, the qualified and experienced educators create an ambiance of caregiving that focuses on one-on-one time, observing and understanding the infant’s communications and their needs. For later years, the course takes the form of an inquiry-based curriculum that encourages children to explore concepts rather than themes, weaving in skills and knowledge from many disciplines, including early numeracy and literacy skills, science, technology, engineering, or art. The understanding is to create partnerships with the pupils that stimulate the most creative and scientific corners of their minds.

Admissions

With quality education comes quality waiting time. For Singaporeans looking to enroll their kids, the standard documentation process applies. This would require them to hand in forms like the latest NAPLAN test, references, and other important visa and immunisation records. For the 2-year Nursery Program and the 3-year preschool session, applicants have to be two and three years old respectively while joining school in January. Priority is given to siblings of existing students.

For the Early Years programs catering to children aged 2 months to 5 years, a one-time enrollment fee of SGD 3,897 is levied. For 5 full days in the nursery, each term costs around SGD 13,354, whereas the school year comprises two terms, adjusting the annual tuition to approximately SGD 26,708. For the preschool structure with 5 full days of school, the costs escalate to SGD 17, 835 per term.

Find out more here.

Address: 1 Lorong Chuan Singapore 556 818

8. The Avenues School in New York – USD 40,000 – 65,000 Per Year

This New York institution will set you back a cool USD 65,00 per year in tuition for their five-full-day preschool programme. The luxurious and expensive preschool is located in the Chelsea neighbourhood of Manhattan and is one of the most sought-after in the city. If the steep fee has you seeing dollar signs, The Avenues does offer some need-based financial aid for families who qualify.

Facilities and curriculum

The Avenues World School’s preschool program focuses on developing creativity, critical thinking, and global awareness in young children. Their inquiry-based curriculum teaches kids through hands-on exploration of topics like world cultures, sciences, and the arts. The school has state-of-the-art facilities, including a rooftop playground, art studios, a theatre, and a culinary space for cooking classes. The curriculum focuses on developing skills like creative problem-solving, critical thinking, and cross-cultural communication that will prepare students for an increasingly connected world. Added to the curriculum is the focus on bilingual education — their goal being for students from nursery to 5th grade to spend 50% of their time learning in English and 50% learning in a second language: one day in English, one day in Mandarin or Spanish.

Admissions

Getting into The Avenues is an extremely competitive process. Admission is based on an application, interview, and assessment of each child to evaluate developmental readiness. The school looks for intellectually curious kids with strong social-emotional skills who will thrive in their nurturing yet academically rigorous environment. The preschool programme is for children 2 to 5 years old. Class sizes are small, with a 6:1 student-teacher ratio, so each child can get personalised attention to meet their needs.

Find out more here.

Address: 11 Madison Square North, 16th floor, New York 10010-1420

9. The Riverdale School in New York – USD 54,000 Per Year

Children enjoy a gardening class on campus. (Image: The Riverdale School)

Considered one of the most expensive preschools in the world with annual tuition fees upward of USD 50,000 per year, The Riverdale School in NYC is the best money can buy. To even be considered for admission, children must be between the ages of 2 and 5, and you’ll need to submit an application during the admission period, usually September through November for the following school year.

Facilities and curriculum

The school encourages hands-on learning right from the start. Riverdale’s eight-acre campus encourages independence and active learning. Field trips are also an important part of the experience. Students visit museums, parks, theatres, and businesses around New York City. The school aims to spark children’s natural curiosity about the world around them.

The facilities are state-of-the-art. Classrooms are filled with the latest educational toys, books, and technology to support interactive learning. Security is also a top priority, with a guard at the entrance, security cameras, and an ID check for all visitors. The school provides a safe, nurturing environment for young children to learn and grow into independent thinkers.

Admission Process

The admission process is highly competitive. You’ll need to schedule a school visit and classroom observation, and your child will be evaluated. There are only 16 openings in pre-K and 44 in kindergarten, so the school looks for children who seem socially, emotionally, and intellectually ready for their program. They consider your child’s maturity level, ability to participate in group activities, communication skills, and enthusiasm for learning. Schools look for students who will thrive in a rigorous environment, so demonstrating your child’s talents, skills, and interests is key. Having a sibling already enrolled or being a legacy family can help.

Find out more here.

Address: 1 Spaulding Lane, Bronx, NY 10471

10. The Buckley School in Manhattan, New York – USD 58,000 Per Year

 

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An independent, K-9 day school for boys located on the Upper East Side of New York’s bougie Manhattan district, the Buckley School is the proud alma mater for an incredible number of world leaders, industrialists and artists alike. A few members of the Rockefeller family, and kids of former US Presidents Franklin Roosevelt and Donald Trump, are all graduates of this institution. Such is the clout associated with Buckley that even Succession characters Kendall Roy and Stewy Hosseini are portrayed as alumni.

Facilities and curriculum

Founded in 1913, this boys’ elementary school was established with the aim of offering a classical curriculum — a more traditional route that focuses on liberal arts, natural sciences, classical literature, the fine arts, and the history of civilisation. As the school expanded to higher classes, so did the amenities provided to its students. From an early age, kids are exposed to Spanish and French as part of their course. Over time, they decide which language they want to study more intensively and develop the skills for a bilingual education. Buckley also offers a wide range of athletic activities which include football, soccer, basketball, gymnastics, strength training, wrestling, baseball, gymnastics, lacrosse, and track. However, the tougher sports options are available for older kids.

Admissions

The Buckley School website reveals that tuition for all grades in the 2023-2024 academic year is USD 58,500. This includes lunch, books and supplies, activities, student accident insurance, and athletic uniforms for inter-scholastic sports. For the admission process, parents and guardians first need to register on the school’s portal, followed by an open house where they’d meet and interact with the Head of School, Director of Lower School, faculty, students, and other alumni. After the tour, parents are called in for an interview, succeeded by the child’s school visit. Siblings of current or former batches are given preference in this process.

Find out more here.

Address: 113 East 73rd St, New York, NY 10021

Frequently asked questions (FAQs): 

What age is best for preschool?
Ages 3 to 5 are considered preschool age. The age range for preschool differs slightly around the world. In Singapore, some preschools offer playgroup classes, which start from 18 months old. Most preschools in Singapore admit students up to six years old, before they begin Primary 1.

How to choose a preschool?
It is important to keep in mind certain factors like helpful teachers, supportive staff, a learning environment, and ample play space among others.

What is the most expensive private school in the world?
The Institut Le Rosey in Switzerland is considered the most expensive private school in the world with an annual fee of USD 157,000.

Which country has the best preschools?
France, Denmark, Sweden, and Norway are all examples of countries with high-quality public early childhood education programs that are open to all children.

(Main and featured images: Le Jardin Academy)  

The post Inside the World’s Most Exclusive and Expensive Preschools appeared first on Prestige Online - HongKong.

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So you want to give your little one the best start in life? We’re talking serious bragging rights at the private members’ club and networking opportunities that’ll make Ivy League admissions look like a breeze. If money is no object, the world’s most elite and expensive preschools offer state-of-the-art amenities that make the average daycare look little more than a cardboard box.

We’re talking chef-made organic meals, sprawling campuses, and field trips to the Galapagos. Admission is highly competitive, often requiring interviews, assessments, and six-figure donations. For the one percent of the one percent, these exclusive early education experiences are less about ABCs and 123s and more about the connections and privilege. Curious to see how the other half learns? Here’s an inside look at the 10 most expensive preschools in the world.

The crème de la crème of preschooling

From the UK’s Willcocks Nursery School attended by British royals Prince George and Princess Charlotte, to the Buckley School in New York — which caters to the offspring of celebrities and business moguls — these upscale preschools are designed for holistic development amid luxury. There, children aged three to eight can enjoy art lessons, ballet classes, and learn languages. They can focus on their creativity, hone their emotional intelligence, and make some of the most influential connections needed for that quick start in life.

Over in Hong Kong, the preschool programme at Yew Chung International School, Kowloon Tong charges fees ranging from HKD 140,679 to HKD 239,569 (SGD 24,560 to SGD 41,820/ USD 18,000 to USD 30,631) a year, taking the crown as one of the region’s most expensive kindergartens. Its violin programme starts for children as young as age four. Talk about cultivating prodigies!

From learning new languages to developing essential life skills, these exclusive preschools provide children with unique opportunities in unparalleled surroundings. While the fees may be astronomical to the average joe — for those able to afford them, the long-term benefits of such a prestigious early education are priceless. If the past presents any metric of their success, one can only expect these toddlers to grow up to to rule countries, innovate industries, and shape our world.

Here are the most expensive preschools in the world

1. Willcocks Nursery School in London- USD 14,000-19,000 per year

Inside the Willcocks Nursery School in London. (Image: Zak Hussein/Newscom)

Here’s a preschool with the royal stamp of approval. Prince William and Kate Middleton’s youngest son Prince Louis enrolled in the Willcocks Nursery School in 2021 —a few miles from his Kensington Palace address at the Holy Trinity Church in London. His elder sister, Princess Charlotte had also attended the female-run institution. Deemed as the preschool that teaches royals how to walk and talk, Willcocks’ curriculum features developmentally-inclined classes that are befitting of its status.

Facilities and curriculum

Founded in 1964, the nursery school “strives to maintain its ethos for high standards, excellence, and good manners,” according to the school’s website. The students follow a course designed for the “Early Years Foundation Stage,” which focuses on a child’s social and emotional development, physical development, communication, and language. The morning school is available for children ages two to five years and activities like free play, singing, poetry, acting, show and tell, and snack time. The structure also incorporates afternoon school which caters to younger children and includes activities like sports, cooking, painting, and playing with musical instruments. The lunch club is another special course which allows lessons in cooking, painting, and drama. From professionals teaching these advanced classes to local educational outings, there are only exceptional resources packed into its course design.

Admission

For parents to get their children into the school, they must register them and pay a nonrefundable £125 (USD 167) fee. Parents can register their children starting at birth if they choose to. If their children are selected, the school sends an email with a formalised offer. Parents will then pay a £2,000 (USD 2,472) deposit.

Once accepted, parents can sign their toddlers up for morning classes which come at a cost of £3975 (USD 4914.81) per term, afternoon classes at £2400 (USD 2967.43), and lunch club for anywhere between £525 (USD 649.13) per term for one day per week,  to £2100 (USD 2596.50) for all four days. The nursery operates for three terms per school year starting in January, April, and September.

Find out more here.

Address: Holy Trinity Church, Prince Consort Road, Kensington, London SW7 2BA

2. Le Jardin Academy in Hawaii – USD 25,000 Per Year

most expensive preschools in the world
The children enjoy a day outside the classroom in Le Jardin. (Image: Le Hardin Academy)

Le Jardin Academy is one of the world’s most expensive preschools, with an annual tuition of USD 25,000. This private school located on the Hawaiian island of Oahu focuses on developing confident, caring, and well-rounded students through innovative programmes and small class sizes.

Facilities

The curriculum at Le Jardin emphasises creative thinking and problem-solving. Students as young as three years old learn computer coding and robotics. They also study Hawaiian culture, language, and hula dancing. Small class sizes of just 12 students ensure each child receives individualised attention. As part of the enrolment, iPads and e-books are handed out to seamlessly and safely introduce kids to the digital world.

Le Jardin provides a wide range of extracurricular activities to develop students’ talents and passions outside the classroom — one of the key focus areas of the preparatory course. Options include gymnastics, tennis, chess, yoga, and various musical ensembles. The school also has a strong focus on community service, with students participating in beach cleanups, fundraisers, and other events to help people in need.

Admission

Admission to Le Jardin is extremely competitive. The application process begins when children are just 2 years old, and families go through interviews, school visits, and testing to determine if they’ll be accepted. Only about one in five applicants are successful. Once enrolled, students enjoy state-of-the-art facilities including an indoor swimming pool, libraries, playgrounds, and spacious classrooms.

While the tuition at Le Jardin Academy is undoubtedly steep, families find the school’s nurturing environment, high academic standards, and lifelong benefits to be well worth the investment. For those able to afford it, Le Jardin offers an unparalleled start on the pathway to excellence.

Find out more here.

Address: 1004 Kailua Road, Kailua, Hawaii (HI) 96734

3. The Hong Kong Academy in Hong Kong – HKD 195300 Per Year (USD 13,000 – USD 26,000)

With a multicultural backdrop like Hong Kong, its schools and kindergartens naturally gravitate towards a global programme. The Hong Kong Academy, founded in 2000, prides itself as a non-profit, IB World School committed to providing an inclusive educational experience for students from pre-K until Grade 12.

Facilities and curriculum

The playgroup and pre-K classrooms offer environments that are interactive, and fun for every child. Teachers have developed a play-based curriculum that inspires curiosity, collaboration, and enthusiasm. Young learners are encouraged to express themselves through movement, art, music, language, and literacy. The Early Years learning environment is sensory-rich and visually appealing, inviting children to take the lead and drive their own exploration through the use of a range of materials. There is also an incorporation of Mandarin into the programme to encourage bilingualism. Community service is seen as an important learning area and is exercised through organic farming and outdoor playscapes that offer developmentally appropriate challenges. The outcome is to enhance the student’s physical, social, and cognitive learning skills.

In terms of facilities, the school boasts a sleek, glass-panelled building. HKA’s campus was built on sustainable principles and comes lots of with natural light and a space of 23,700 square metre. There are seasonal programs, extra-curricular clubs and after-school classes that help in bringing out the best in any kid.

Admission

Hong Kong Academy has rolling admissions and accepts applications all year round, placing new students throughout the year as spaces become available. Apart from completing the standard application form, the process includes a visit with 30 minutes in one of the school’s pre-K classrooms and increases to 40 minutes for the primary school entrants.

Find out more here.

Address: 33 Wai Man Road, Sai Kung, New Territories, Hong Kong SAR

4. The Co-Op School in New York – USD 28,000 Per Year

the most expensive preschools in the world
Kids enjoy a hands-on class of arts and crafts. (Image: The Co-op school)

The Co-Op School in New York City is one of the most prestigious preschools in the world, with an annual tuition of USD 28,000 per student. To even be considered for admission, children must be at least 2 years and 9 months of age by the start of the school year. The application process is highly competitive, with only about 7% of applicants gaining acceptance.

Facilities and curriculum

The Co-Op School’s facilities are state-of-the-art, with each classroom equipped with the latest gadgets. The curriculum focuses on learning through play and exploration. Core classes include arts and crafts, music and movement, math, science, and literacy. Students also take part in yoga, swimming, and foreign language lessons. The low student-teacher ratio of 5 to 1 ensures each child receives individualised attention and support. Guided by the Reggio Emilia approach which states that “students of all ages are capable, competent, curious people full of potential and knowledge who have preferences, interests, and opinions,” the school allows students from the Pre-K routine to experiment with special classes in categories of science, creative making, music, and movement.

The students can also participate in a variety of after-school programs like dance, gymnastics, tennis, and coding. The school also frequently takes students on exciting field trips to museums, theatres, and cultural events around the Big Apple. These activities and outings aim to expose children to new interests and help them discover their passions early on.

Parental involvement

As a Co-op school, parental involvement is an important part of the experience. Parents are required to volunteer in the classroom, assist on field trips, and help organise school events. While the tuition and time commitment may seem demanding, some parents find that the opportunities for their children and the whole family are well worth the investment. The tight-knit community and life-long friendships formed at the school make it a life-changing experience.

Attending an elite preschool like the Co-op School provides children with advantages that can shape their development and open up opportunities for years to come. For those able to afford the high costs of admission, the Co-op School offers an unparalleled early education and community that money simply can’t buy elsewhere.

Find out more here.

Address: 644 Gates Avenue, Brooklyn, NY 11221

5. Yew Chung International School in Hong Kong – From HKD 239,569 (USD 30,600) Per Year

Yew Chung International School (YCIS) looks at education through a local yet global lens, implementing bilingual and co-cultural learning through a co-principal and co-teaching model. Some of the notable alumni from the school include fencer Chu Ka Mong, singer and actor William Chan, and professional footballer Jared Sean Gallagher. Its Shanghai branch is popular among Taiwanese and Hong Kong celebrities the likes of Wu Chun, Ada Choi, Yumiko Cheng, and Jordan Chan and Cherrie Ying — all of whom have all sent their kids there. 

Facilities and curriculum

YCIS provides high-quality, bilingual learning and through-train education to students with the school’s philosophy focusing on providing a fully rounded and balanced education for each child. Teachers emphasise on dual language acquisition to produce confident, balanced, and socially responsible individuals. YCIS courses are offered in both English and Mandarin from early childhood, through primary and secondary classes. The institution also has schools in Shanghai, Beijing, Chongqing, Qingdao in China, and Silicon Valley in the United States.

YCIS Kow Loon is equipped with flexible learning spaces, including a Global Learning Centre and Learning Communities. It also has an auditorium, a gymnasium, an indoor swimming pool, computer labs, music rooms, art and design studios, an exercise room, a basketball court, a cafeteria, and outdoor playgrounds.

Admissions

For kids, the grades are marked Early Childhood Education for 6 months to 4 years, and Lower Primary from ages 5 to 7. Admissions require hopefuls to register online on the school’s portal, followed by a placement test or interview, application review, and decision notification. For the infant and toddler programme, 4 full days of learning per week is matched with an annual price tag of HKD 239,569 (USD 30,622.69). To move on to primary school, a one-time deposit of HKD 1,000 (USD 127.82) is required, proceeded by ten instalments amounting to HKD 251,420 annually. (USD 32,137.54)

Find out more here.

Address: 3 To Fuk Road, Kowloon Tong, Hong Kong

6. EtonHouse in Sentosa, Singapore – From SGD 38,534 (USD 28,180) Per Year

The toddlers of Singapore are not going to be left behind, especially the little ones graduating from the prestigious EtonHouse in Sentosa. The state-of-the-art school gives kids the best infrastructure needed for being ahead of their peers.

Facilities and curriculum

The Reggio Emilia-inspired programme offers a range of specially-curated hands-on experiences to support the development of children aged between 12 to 18 months. The curriculum encourages developing critical and creative thinking skills, social competence, and bilingual skills apart from competencies around literacy and numeracy. The course is designed to bring out collaborative understanding and build life skills through physical, social, and sensory encounters. For later years, the child-focused curriculum turns to a bilingual environment with a focus on dialogue, singing, movement, drawing, painting, designing and constructing, collage, dramatic play and music.

Admissions

For preschool applications, EtonHouse Sentosa Pre-School requires parents to pay a one-time, non-refundable registration fee of SGD 2,600 ( USD 1907.23, excluding GST). A refundable preschool deposit (SGD 5,559 i.e. USD 4077.80 for Step-Up to Year 1) is also charged. An assortment of documents needs to be furnished by the parents which include all of the ward’s information including immunisation, and learning records among others. The admission is competitive, and if selected, a formal Letter of Offer is issued. For those parents looking to admit their child to this exclusive preschool, termly charges run somewhere in the late eight-grand bracket. If you’re looking for pre-nursery i.e. 18 months to 2 years old, the 5-day charge comes to about SGD 9,633.42 per term( USD 7066.60).

Find out more here.

Address: 33 Allanbrooke Road, Sentosa, Singapore 099981 (5 mins from Sentosa Cove and Harbourfront)

7. The Australian International School in Singapore – From SGD 39,567 (USD 29,000) Per Year

AIS’s truly global education begins with the International Baccalaureate Primary Years Program (IB PYP) from preschool to year 5. With a tuition fee of over USD 25,00o per year for their early year education programme, rest assured you’re doing the best for your child.

Faculty and curriculum

The only school in Singapore which provides a mix of Australian and international curricula, AIS students entering the first few years of education are neatly categorised based on infant care schedules and those of ages 18 months to 5 years. For infants, the qualified and experienced educators create an ambiance of caregiving that focuses on one-on-one time, observing and understanding the infant’s communications and their needs. For later years, the course takes the form of an inquiry-based curriculum that encourages children to explore concepts rather than themes, weaving in skills and knowledge from many disciplines, including early numeracy and literacy skills, science, technology, engineering, or art. The understanding is to create partnerships with the pupils that stimulate the most creative and scientific corners of their minds.

Admissions

With quality education comes quality waiting time. For Singaporeans looking to enroll their kids, the standard documentation process applies. This would require them to hand in forms like the latest NAPLAN test, references, and other important visa and immunisation records. For the 2-year Nursery Program and the 3-year preschool session, applicants have to be two and three years old respectively while joining school in January. Priority is given to siblings of existing students.

For the Early Years programs catering to children aged 2 months to 5 years, a one-time enrollment fee of SGD 3,897 is levied. For 5 full days in the nursery, each term costs around SGD 13,354, whereas the school year comprises two terms, adjusting the annual tuition to approximately SGD 26,708. For the preschool structure with 5 full days of school, the costs escalate to SGD 17, 835 per term.

Find out more here.

Address: 1 Lorong Chuan Singapore 556 818

8. The Avenues School in New York – USD 40,000 – 65,000 Per Year

This New York institution will set you back a cool USD 65,00 per year in tuition for their five-full-day preschool programme. The luxurious and expensive preschool is located in the Chelsea neighbourhood of Manhattan and is one of the most sought-after in the city. If the steep fee has you seeing dollar signs, The Avenues does offer some need-based financial aid for families who qualify.

Facilities and curriculum

The Avenues World School’s preschool program focuses on developing creativity, critical thinking, and global awareness in young children. Their inquiry-based curriculum teaches kids through hands-on exploration of topics like world cultures, sciences, and the arts. The school has state-of-the-art facilities, including a rooftop playground, art studios, a theatre, and a culinary space for cooking classes. The curriculum focuses on developing skills like creative problem-solving, critical thinking, and cross-cultural communication that will prepare students for an increasingly connected world. Added to the curriculum is the focus on bilingual education — their goal being for students from nursery to 5th grade to spend 50% of their time learning in English and 50% learning in a second language: one day in English, one day in Mandarin or Spanish.

Admissions

Getting into The Avenues is an extremely competitive process. Admission is based on an application, interview, and assessment of each child to evaluate developmental readiness. The school looks for intellectually curious kids with strong social-emotional skills who will thrive in their nurturing yet academically rigorous environment. The preschool programme is for children 2 to 5 years old. Class sizes are small, with a 6:1 student-teacher ratio, so each child can get personalised attention to meet their needs.

Find out more here.

Address: 11 Madison Square North, 16th floor, New York 10010-1420

9. The Riverdale School in New York – USD 54,000 Per Year

Children enjoy a gardening class on campus. (Image: The Riverdale School)

Considered one of the most expensive preschools in the world with annual tuition fees upward of USD 50,000 per year, The Riverdale School in NYC is the best money can buy. To even be considered for admission, children must be between the ages of 2 and 5, and you’ll need to submit an application during the admission period, usually September through November for the following school year.

Facilities and curriculum

The school encourages hands-on learning right from the start. Riverdale’s eight-acre campus encourages independence and active learning. Field trips are also an important part of the experience. Students visit museums, parks, theatres, and businesses around New York City. The school aims to spark children’s natural curiosity about the world around them.

The facilities are state-of-the-art. Classrooms are filled with the latest educational toys, books, and technology to support interactive learning. Security is also a top priority, with a guard at the entrance, security cameras, and an ID check for all visitors. The school provides a safe, nurturing environment for young children to learn and grow into independent thinkers.

Admission Process

The admission process is highly competitive. You’ll need to schedule a school visit and classroom observation, and your child will be evaluated. There are only 16 openings in pre-K and 44 in kindergarten, so the school looks for children who seem socially, emotionally, and intellectually ready for their program. They consider your child’s maturity level, ability to participate in group activities, communication skills, and enthusiasm for learning. Schools look for students who will thrive in a rigorous environment, so demonstrating your child’s talents, skills, and interests is key. Having a sibling already enrolled or being a legacy family can help.

Find out more here.

Address: 1 Spaulding Lane, Bronx, NY 10471

10. The Buckley School in Manhattan, New York – USD 58,000 Per Year

 

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An independent, K-9 day school for boys located on the Upper East Side of New York’s bougie Manhattan district, the Buckley School is the proud alma mater for an incredible number of world leaders, industrialists and artists alike. A few members of the Rockefeller family, and kids of former US Presidents Franklin Roosevelt and Donald Trump, are all graduates of this institution. Such is the clout associated with Buckley that even Succession characters Kendall Roy and Stewy Hosseini are portrayed as alumni.

Facilities and curriculum

Founded in 1913, this boys’ elementary school was established with the aim of offering a classical curriculum — a more traditional route that focuses on liberal arts, natural sciences, classical literature, the fine arts, and the history of civilisation. As the school expanded to higher classes, so did the amenities provided to its students. From an early age, kids are exposed to Spanish and French as part of their course. Over time, they decide which language they want to study more intensively and develop the skills for a bilingual education. Buckley also offers a wide range of athletic activities which include football, soccer, basketball, gymnastics, strength training, wrestling, baseball, gymnastics, lacrosse, and track. However, the tougher sports options are available for older kids.

Admissions

The Buckley School website reveals that tuition for all grades in the 2023-2024 academic year is USD 58,500. This includes lunch, books and supplies, activities, student accident insurance, and athletic uniforms for inter-scholastic sports. For the admission process, parents and guardians first need to register on the school’s portal, followed by an open house where they’d meet and interact with the Head of School, Director of Lower School, faculty, students, and other alumni. After the tour, parents are called in for an interview, succeeded by the child’s school visit. Siblings of current or former batches are given preference in this process.

Find out more here.

Address: 113 East 73rd St, New York, NY 10021

Frequently asked questions (FAQs): 

What age is best for preschool?
Ages 3 to 5 are considered preschool age. The age range for preschool differs slightly around the world. In Singapore, some preschools offer playgroup classes, which start from 18 months old. Most preschools in Singapore admit students up to six years old, before they begin Primary 1.

How to choose a preschool?
It is important to keep in mind certain factors like helpful teachers, supportive staff, a learning environment, and ample play space among others.

What is the most expensive private school in the world?
The Institut Le Rosey in Switzerland is considered the most expensive private school in the world with an annual fee of USD 157,000.

Which country has the best preschools?
France, Denmark, Sweden, and Norway are all examples of countries with high-quality public early childhood education programs that are open to all children.

(Main and featured images: Le Jardin Academy)  

The post Inside the World’s Most Exclusive and Expensive Preschools appeared first on Prestige Online - HongKong.

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Jimmy Fallon’s Net Worth: Facts About Him and The Expensive Things He Owns https://www.prestigeonline.com/hk/lifestyle/wealth-management/jimmy-fallon-net-worth-and-expensive-things-he-owns/ Tue, 26 Sep 2023 03:00:38 +0000 https://www.prestigeonline.com/hk/?p=285974

As a renowned host of late-night talk shows for over a decade, Jimmy Fallon has become one of the richest celebrities by net worth.

Besides his regular role as host of the network TV programme The Tonight Show Starring Jimmy Fallon (2014–present) on NBC, he is also a stand-up comedian, actor, singer and musician. He has written and produced most of his works as well.

His ability to impersonate a wide range of celebrities, his affable personality, cherubic enthusiasm and infectious energy have rendered Fallon legions of fans and hundreds of celebrity guests from almost every field, ranging from politics to sports, over the years.

A study reveals that as of 30 April 2018, Fallon had interviewed 598 guests on average every season over the previous five seasons on his show, behind only Stephen Colbert’s 616.

Jimmy Fallon: A look at his career

Fallon Sadie
Fallon interviews Sadie Sink of Stranger Things fame on The Tonight Show. (Image credit: IMDb)

Fallon has had a long and successful career in television as a popular host. He started very early, in his teens, doing comedy and showcasing his talent in music at local-level shows.

As his career as a stand-up comedian in the early 1990s took off, Fallon decided to join NBC’s popular sketch comedy show Saturday Night Live (SNL). In fact, SNL was Fallon’s only goal at that point in time — a fact that he has shared in multiple interviews since.

He cracked the audition on his second attempt and became part of SNL in its 24th season in September 1998. He was known as an innovative sketch artist, crack impersonator and the sarcastic co-host of SNL‘s faux news segment, Weekend Update. Fallon remained part of SNL until 2004, during which he became one of the most popular names on TV.

In March 2009, he replaced talk-show host Conan O’Brien as the face of NBC’s Late Night franchise brand. The talk show, Late Night with Jimmy Fallon, was a massive success. It aired till February 2014 when Fallon succeeded Jay Leno as the host of The Tonight Show, which Fallon continues to host.

Outside of his regular TV programme, Fallon has acted in movies and hosted award shows such as the Golden Globe Awards (2010, 2011, and 2017) and the Tony Awards (2010 and 2011) as well.

He tried exploring a career in cinema after leaving SNL and before returning to TV with Late Night with Jimmy Fallon. During this period, he starred in movies such as Taxi (2004) with Queen Latifah, Factory Girl (2006) with Sienna Miller, The Year of Getting to Know Us (2008) with Lucy Liu and Sharon Stone, and Drew Barrymore’s directorial debut Whip It (2009), in addition to lending his voice to characters in animated movies.

He also played Detective Kenneth Bluntley in one episode of the miniseries The Spoils Before Dying (2015). He has appeared as himself in blockbuster movies such as Jurassic World (2015) and musical comedy Spirited (2022), besides the critically acclaimed TV series Only Murders in the Building (2021).

Fallon is also known for his skills as a musician. He has released studio albums The Bathroom Wall (2002) and Blow Your Pants Off (2012) along with a number of singles between 2002 and 2022. The latter fetched him a Grammy Award for Best Comedy Album.

He has also won the Primetime Emmy Awards four times in different categories for both Late Night and The Tonight Show.

On the personal front, Fallon has been married to film producer Nancy Juvonen since 2007. The couple have two daughters, Winnie Rose and Frances Cole.

Fallon and the work culture at The Tonight Show

On 7 September 2023, Rolling Stone published a story by Krystie Lee Yandoli, revealing the “toxic workplace” culture at The Tonight Show caused by Jimmy Fallon’s “erratic behaviour”.

Two current and 14 former staffers told the magazine that Fallon berated employees, behaved erratically and gave passive-aggressive feedback to at least one former staffer on the show.

Yandoli wrote that staffers alleged that “it was common knowledge behind the scenes that there are ‘good Jimmy days’ — where Fallon’s wit and charm and creativity are on full display — and ‘bad Jimmy days’.”

Fallon subsequently apologised to his staffers in an all-hands Zoom call the same day Rolling Stone published the story.

According to media reports, he said, “It’s embarrassing and I feel so bad. Sorry if I embarrassed you and your family and friends. I feel so bad I can’t even tell you.”

“I want this show to be fun,” Fallon reportedly said. “It should be inclusive for everybody.”

NBC, too, issued a statement, addressing the matter but didn’t name Fallon.

“We are incredibly proud of The Tonight Show, and providing a respectful working environment is a top priority. As in any workplace, we have had employees raise issues; those have been investigated and action has been taken where appropriate. As is always the case, we encourage employees who feel they have experienced or observed behavior inconsistent with our policies to report their concerns so that we may address them accordingly,” the statement, which was issued to multiple media houses, including Rolling Stone, read.

The net worth of Jimmy Fallon, how he makes and spends his wealth

Salary and other earnings

Taxi movie
Queen Latifah and Jimmy Fallon in a scene from Taxi (2004). (Image credit: © 2004 Twentieth Century Fox. All rights reserved./IMDb)

Several reports suggest that Jimmy Fallon has a net worth of at least USD 60 million. A large part of this is made up of the seven-figure salary he has been earning since he started hosting The Tonight Show.

Details about his salary primarily come from a 2017 report by Variety. Fallon received an estimated annual salary of USD 16 million as the host of The Tonight Show, according to the report. He was, at the time, among the 10 highest-paid reality or news show hosts, a category topped by Ellen DeGeneres at USD 50 million for The Ellen DeGeneres Show.

Stephen Colbert of The Late Show and Jimmy Kimmel of ABC’s Jimmy Kimmel Live were behind Fallon at USD 15 million annual salary each.

The salary information is from a time before the renewal of Fallon’s contract with NBC, which happened in 2020. As per the new contract, Fallon will be the host of the show through 2026. However, the financial part of the deal remains undisclosed.

There is, of course, a likelihood that his salary is more than what he reportedly received before the contract extension. This is because, at the time when Fallon succeeded Leno in the job, Daily Mail reported in 2013 that he would be paid USD 12 million, which was USD 3 million less than what Leno was paid back then.

The figure is backed by Forbes’ profile on Fallon, which confirms that his earning as of 30 June 2014 was USD 12 million. His profile on Forbes has not been updated since.

In August 2015 — just 18 months after Fallon started hosting The Tonight ShowNBC extended his original contract for an additional three-and-half years till the end of 2021. Variety’s information on his salary comes two years into the extended contract, which indicates that the 2015 contract may have led to a rise in Fallon’s pay.

According to the 2013 Daily Mail report, his salary at Late Night with Jimmy Fallon was USD 5 million. This means that Fallon’s pay more than doubled the moment he left CBS for NBC.

His earnings from movies are not known. Fallon has almost always appeared as himself in whatever movies and TV shows he has been seen in ever since he started with the Late Night franchise. As for his two prominent movies before that, Taxi and Fever Pitch, they could neither do well at the box office nor please critics.

Endorsements by Jimmy Fallon

Jimmy Fallon net worth
Fallon holding packets of Cheetos and Lays, brands owned by PepsiCo. (Image credit: Jimmy Fallon/@jimmyfallon/Twitter)

Jimmy Fallon has endorsed several brands in his career, earnings from which have added to his net worth over the years.

He has often appeared in the marketing campaigns of brands such as luxury car maker Mercedes-Benz, American auto giant Ford, beverage corporation PepsiCo, Big Tech behemoth Microsoft, bank holding company Capital One and American telecom major Xfinity.

In late 2021, Fallon appeared in a special Holiday season ad for snacks producer and PepsiCo subsidiary Frito-Lay’s “Share More Joy” campaign with his wife, Nancy, and their daughters.

 

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Fallon told PEOPLE that he was sceptical about letting his daughters appear on screen, but Nancy convinced him to turn the concept into a whole family affair.

In September 2014, Fallon appeared in a commercial for Apple iPhone 6 and 6 Plus with singer-songwriter Justin Timberlake. The ad was introduced by Apple CEO Tim Cook at the Apple event in Cupertino. The smartly created commercial does not show its two stars and features only their voices as they play around with the two phones.

Although how much of the endorsements contribute to his net worth is not known, estimates suggest that the A-list stature of Jimmy Fallon would guarantee him a pay that goes into millions.

Fallon has also invested in non-fungible tokens (NFTs). He revealed that he had bought a Bored Ape Yacht Club (BAYC) token during an interview with digital artist Mike Winkelmann aka Beeple, who set the world of NFT rolling with the sale of his artwork Everydays: The First 5,000 Days for USD 69 million in March 2021.

According to reports, Fallon probably owns the Bored Ape #599. The NFT features an ape with cream fur, a sea captain’s cap, a navy-striped tee and heart sunglasses. He said that he bought his token through the crypto payments solution company Moonpay.

Reports suggest that Fallon may have paid around USD 220,000 to acquire it.

Houses owned by Jimmy Fallon

Similar to any other celebrity, real estate is part of Jimmy Fallon’s net worth as well. However, unlike those, for instance, icon and SNL alum Adam Sandler’s wealth, whose real estate constitutes luxury properties across the US, Fallon apparently owns only one property.

The Hamptons mansion

The property where Fallon and his family reside is in the village of Sagaponack in the Hamptons, a posh area which is part of the East End of Long Island north of New York City. Sagaponack has easy access to Gibson Beach and Town Line Beach.

The Hamptons is a prominent celebrity address; Gwyneth Paltrow owns a mansion and Rihanna once rented a waterfront home in the area.

Fallon bought the property in 2011. It has a massive main house, measuring 325 square metres, with six bedrooms and 5.5 bathrooms. The property includes two separate cottages, two barns and an apple orchard.

The entire area of the property measures 8,093 square metres. It was originally a farmhouse, which was built in the 1800s.

When the pandemic struck, Fallon, like others, had to remain indoors with his family in their Hamptons residence. It was during this period when he gave his fans a peek into what the house looked like from the inside while filming The Tonight Show.

In one episode, it was revealed that the house has a red-coloured slide to get from one floor to the other. Fallon was seen sitting at a desk beneath the slide in another episode. Over the next few days, fans got to see more of the house.

Viewers saw wooden panelling on the wall in a room designed both as a living space and a games area. The room had a piano alongside a retro counter-style desk and two green armchairs. There is also an exclusive games room, possibly for his kids, where a vintage popcorn machine, a drum kit and a foosball table could be seen. His daughter was seen honing her skills in art at the family’s arts-and-crafts workshop in the house.

Fallon also posted pictures of his personal gym and was seen playing on the ground on a trampoline fitted with a basketball hoop within the net.

Gramercy Park

Fallon once owned another property in Gramercy Park, an affluent neighbourhood in central New York City. He first bought an apartment in the building located at 34 Gramercy Park East for around USD 850,000 in 2002, which was very early on in his career. The neighbourhood gets its name from the park which is at its centre. It is one of the two private parks in New York City and is open only to those who reside in the neighbourhood.

With his wife Nancy, he bought four more units in the same building for around USD 5.8 million over the decade. All the units were located between the seventh floor and the top floor of the building. Fallon combined his units across the floors to make a triplex measuring 460 square metres, consisting of at least six bedrooms besides a studio, which came with a skylight, and an office.

The apartment was tastefully redesigned by the Fallons, with every room looking like colourful paintings. The walls of the wet bar in the salon room have custom stained glass. Vintage wallpaper from the 1940s adorned the wood panels on the first-floor lounge area.

Jimmy Fallon house
An inside view of one of the rooms in Jimmy Fallon’s Gramercy Park residence at the time when he owned it. (Image credit: Sotheby’s International Realty – New York City/@sir.nyc/Instagram)

The dining space was carved into an eat-in kitchen, with magnificent views of Gramercy Park. The Fallons also built two playrooms for their children. The entry to one of the playrooms is hidden behind a bookshelf, which is beneath a custom wooden staircase connecting the floors.

In March 2021, the Fallons listed the property for sale for USD 15 million. In mid-2022, it was revealed that actor Cara Delevingne bought it for USD 10.8 million.

Cars owned by Jimmy Fallon

Fallon loves cars and has been seen enjoying rides with other famous personalities. Back in 2014, he joined Jerry Seinfeld in the latter’s personal 1956 Chevy Corvette convertible for a ride that was filmed as part of Seinfeld’s TV show Comedians in Cars Getting Coffee.

In August 2022, Fallon accompanied Ford CEO Jim Farley for a visit to the automobile maker’s Rouge Electric Vehicle Center in Dearborn, Michigan, to see the all-electric F-150 Lightning pickup truck. In December of the same year, he test-drove the Ford Mustang Supercar with Jim.

Ford F-150

Ford F-150 Raptor Jimmy Fallon net worth
A Ford F-150 Raptor in a promotional still. (Image credit: Ford)

During a paid promotion for Ford F-150 Lightning all-electric truck in May 2021, Fallon said on The Tonight Show that he owns a Ford F-150. During the show, Fallon joked that his F-150 is bigger than his “first studio apartment.”

Ford has been producing the F-series of its light-duty trucks since 1948. The F-150 is the most popular version in the series and is currently in its 14th generation, of which the F-150 Lightning is part.

It is not clear if Fallon actually owns an F-150 Lightning or a non-electric F-150. Nevertheless, a six-seater 2023 F-150 starts at USD 33,835 for the base model and can go up to USD 76,775 for the highest model known as F-150 Raptor.

The Raptor model has a third-generation twin-turbo 3.5-litre EcoBoost engine. It can also be fitted with a High-Output 5.2L Supercharged V8 engine.

The 2023 F-150 Lightning, on the other hand, starts at USD 49,995 for the base model and goes up to a starting price of USD 91,995 for the top version known as F-150 Lightning Platinum. The top model has a range of 482 km on a full charge.

Mini Cooper Convertible

Mini Cooper
A Mini Cooper Convertible John Cooper Works version. (Image credit: MINI/@mini/Instagram)

Reports suggest that Fallon owns at least two luxury cars. One of them is a Mini Cooper Convertible. He used to drive his white Mini Cooper Convertible in and around Los Angeles, reports state. While a 2007 base model of the car would have cost USD 23,900, the 2024 model starts at USD 35,700 at the base and can begin at USD 44,900 for the higher version known as John Cooper Works.

The latest Mini Cooper Convertible of the John Cooper Works version comes with a TwinPower Turbo, 2.0-litre, inline 4-cylinder direct-injection engine with double VANOS which can take the car from 0-96 km/h in 6.3 seconds.

Land Rover Range Rover

Land Rover Range Rover
A Land Rover Range Rover in a promotional still. (Image credit: Land Rover India/@landroverindia/Twitter)

Land Rover is one of the world’s most famous SUV makers. The cars made by the British automobile giant, which is owned by India’s Tata Motors, are seen as symbols of power and luxury combined.

The Range Rover is a marquee by Land Rover and is seen as one of the most famous celebrity cars. A  2023 Range Rover SV — the finest version — has a 3.0-litre 6-cylinder Ingenium petrol engine with a 294 kW motor, delivering a combined power of 404.5 kW. The car has an acceleration of 0-96 km/h at 4.3 seconds, and a top speed of 260 km/h.

Its heightened luxury features include 24-way heated and cooled, hot stone massage electric front seats with Executive Class Comfort Plus rear seats, SV Semi-Aniline leather seats with SV Bespoke leather headlining and Gloss White ceramic controls. The car also has a head-up display among several other technological features.

The standard wheelbase model of the car starts at USD 209,000. The long-wheelbase version of the same car has a starting price of USD 234,000.

It is believed that Fallon owns a 2010 model of the Range Rover. Though the exact type that he owns is not clear, a Range Rover from that year will typically have a 5.0-litre V8 engine, packing around 375hp inside the hood.

(Hero and Featured images: Jimmy Fallon/@jimmyfallon/Twitter)

Frequently Asked Questions (FAQs)

– What is Jimmy Fallon’s salary for The Tonight Show?

Jimmy Fallon’s annual salary for The Tonight Show was USD 16 million in 2017.

– Is Jimmy Fallon a millionaire?

Yes, Jimmy Fallon is a millionaire.

– What is Jimmy Fallon’s net worth in 2023?

Reports suggest that his net worth in 2023 is around USD 60 million.

– Who is richer: Jimmy Kimmel vs. Jimmy Fallon?

Some reports suggest that Jimmy Fallon may be richer by net worth than Jimmy Kimmel since the former has a higher annual salary.

The post Jimmy Fallon’s Net Worth: Facts About Him and The Expensive Things He Owns appeared first on Prestige Online - HongKong.

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As a renowned host of late-night talk shows for over a decade, Jimmy Fallon has become one of the richest celebrities by net worth.

Besides his regular role as host of the network TV programme The Tonight Show Starring Jimmy Fallon (2014–present) on NBC, he is also a stand-up comedian, actor, singer and musician. He has written and produced most of his works as well.

His ability to impersonate a wide range of celebrities, his affable personality, cherubic enthusiasm and infectious energy have rendered Fallon legions of fans and hundreds of celebrity guests from almost every field, ranging from politics to sports, over the years.

A study reveals that as of 30 April 2018, Fallon had interviewed 598 guests on average every season over the previous five seasons on his show, behind only Stephen Colbert’s 616.

Jimmy Fallon: A look at his career

Fallon Sadie
Fallon interviews Sadie Sink of Stranger Things fame on The Tonight Show. (Image credit: IMDb)

Fallon has had a long and successful career in television as a popular host. He started very early, in his teens, doing comedy and showcasing his talent in music at local-level shows.

As his career as a stand-up comedian in the early 1990s took off, Fallon decided to join NBC’s popular sketch comedy show Saturday Night Live (SNL). In fact, SNL was Fallon’s only goal at that point in time — a fact that he has shared in multiple interviews since.

He cracked the audition on his second attempt and became part of SNL in its 24th season in September 1998. He was known as an innovative sketch artist, crack impersonator and the sarcastic co-host of SNL‘s faux news segment, Weekend Update. Fallon remained part of SNL until 2004, during which he became one of the most popular names on TV.

In March 2009, he replaced talk-show host Conan O’Brien as the face of NBC’s Late Night franchise brand. The talk show, Late Night with Jimmy Fallon, was a massive success. It aired till February 2014 when Fallon succeeded Jay Leno as the host of The Tonight Show, which Fallon continues to host.

Outside of his regular TV programme, Fallon has acted in movies and hosted award shows such as the Golden Globe Awards (2010, 2011, and 2017) and the Tony Awards (2010 and 2011) as well.

He tried exploring a career in cinema after leaving SNL and before returning to TV with Late Night with Jimmy Fallon. During this period, he starred in movies such as Taxi (2004) with Queen Latifah, Factory Girl (2006) with Sienna Miller, The Year of Getting to Know Us (2008) with Lucy Liu and Sharon Stone, and Drew Barrymore’s directorial debut Whip It (2009), in addition to lending his voice to characters in animated movies.

He also played Detective Kenneth Bluntley in one episode of the miniseries The Spoils Before Dying (2015). He has appeared as himself in blockbuster movies such as Jurassic World (2015) and musical comedy Spirited (2022), besides the critically acclaimed TV series Only Murders in the Building (2021).

Fallon is also known for his skills as a musician. He has released studio albums The Bathroom Wall (2002) and Blow Your Pants Off (2012) along with a number of singles between 2002 and 2022. The latter fetched him a Grammy Award for Best Comedy Album.

He has also won the Primetime Emmy Awards four times in different categories for both Late Night and The Tonight Show.

On the personal front, Fallon has been married to film producer Nancy Juvonen since 2007. The couple have two daughters, Winnie Rose and Frances Cole.

Fallon and the work culture at The Tonight Show

On 7 September 2023, Rolling Stone published a story by Krystie Lee Yandoli, revealing the “toxic workplace” culture at The Tonight Show caused by Jimmy Fallon’s “erratic behaviour”.

Two current and 14 former staffers told the magazine that Fallon berated employees, behaved erratically and gave passive-aggressive feedback to at least one former staffer on the show.

Yandoli wrote that staffers alleged that “it was common knowledge behind the scenes that there are ‘good Jimmy days’ — where Fallon’s wit and charm and creativity are on full display — and ‘bad Jimmy days’.”

Fallon subsequently apologised to his staffers in an all-hands Zoom call the same day Rolling Stone published the story.

According to media reports, he said, “It’s embarrassing and I feel so bad. Sorry if I embarrassed you and your family and friends. I feel so bad I can’t even tell you.”

“I want this show to be fun,” Fallon reportedly said. “It should be inclusive for everybody.”

NBC, too, issued a statement, addressing the matter but didn’t name Fallon.

“We are incredibly proud of The Tonight Show, and providing a respectful working environment is a top priority. As in any workplace, we have had employees raise issues; those have been investigated and action has been taken where appropriate. As is always the case, we encourage employees who feel they have experienced or observed behavior inconsistent with our policies to report their concerns so that we may address them accordingly,” the statement, which was issued to multiple media houses, including Rolling Stone, read.

The net worth of Jimmy Fallon, how he makes and spends his wealth

Salary and other earnings

Taxi movie
Queen Latifah and Jimmy Fallon in a scene from Taxi (2004). (Image credit: © 2004 Twentieth Century Fox. All rights reserved./IMDb)

Several reports suggest that Jimmy Fallon has a net worth of at least USD 60 million. A large part of this is made up of the seven-figure salary he has been earning since he started hosting The Tonight Show.

Details about his salary primarily come from a 2017 report by Variety. Fallon received an estimated annual salary of USD 16 million as the host of The Tonight Show, according to the report. He was, at the time, among the 10 highest-paid reality or news show hosts, a category topped by Ellen DeGeneres at USD 50 million for The Ellen DeGeneres Show.

Stephen Colbert of The Late Show and Jimmy Kimmel of ABC’s Jimmy Kimmel Live were behind Fallon at USD 15 million annual salary each.

The salary information is from a time before the renewal of Fallon’s contract with NBC, which happened in 2020. As per the new contract, Fallon will be the host of the show through 2026. However, the financial part of the deal remains undisclosed.

There is, of course, a likelihood that his salary is more than what he reportedly received before the contract extension. This is because, at the time when Fallon succeeded Leno in the job, Daily Mail reported in 2013 that he would be paid USD 12 million, which was USD 3 million less than what Leno was paid back then.

The figure is backed by Forbes’ profile on Fallon, which confirms that his earning as of 30 June 2014 was USD 12 million. His profile on Forbes has not been updated since.

In August 2015 — just 18 months after Fallon started hosting The Tonight ShowNBC extended his original contract for an additional three-and-half years till the end of 2021. Variety’s information on his salary comes two years into the extended contract, which indicates that the 2015 contract may have led to a rise in Fallon’s pay.

According to the 2013 Daily Mail report, his salary at Late Night with Jimmy Fallon was USD 5 million. This means that Fallon’s pay more than doubled the moment he left CBS for NBC.

His earnings from movies are not known. Fallon has almost always appeared as himself in whatever movies and TV shows he has been seen in ever since he started with the Late Night franchise. As for his two prominent movies before that, Taxi and Fever Pitch, they could neither do well at the box office nor please critics.

Endorsements by Jimmy Fallon

Jimmy Fallon net worth
Fallon holding packets of Cheetos and Lays, brands owned by PepsiCo. (Image credit: Jimmy Fallon/@jimmyfallon/Twitter)

Jimmy Fallon has endorsed several brands in his career, earnings from which have added to his net worth over the years.

He has often appeared in the marketing campaigns of brands such as luxury car maker Mercedes-Benz, American auto giant Ford, beverage corporation PepsiCo, Big Tech behemoth Microsoft, bank holding company Capital One and American telecom major Xfinity.

In late 2021, Fallon appeared in a special Holiday season ad for snacks producer and PepsiCo subsidiary Frito-Lay’s “Share More Joy” campaign with his wife, Nancy, and their daughters.

 

View this post on Instagram

 

A post shared by Jimmy Fallon (@jimmyfallon)

Fallon told PEOPLE that he was sceptical about letting his daughters appear on screen, but Nancy convinced him to turn the concept into a whole family affair.

In September 2014, Fallon appeared in a commercial for Apple iPhone 6 and 6 Plus with singer-songwriter Justin Timberlake. The ad was introduced by Apple CEO Tim Cook at the Apple event in Cupertino. The smartly created commercial does not show its two stars and features only their voices as they play around with the two phones.

Although how much of the endorsements contribute to his net worth is not known, estimates suggest that the A-list stature of Jimmy Fallon would guarantee him a pay that goes into millions.

Fallon has also invested in non-fungible tokens (NFTs). He revealed that he had bought a Bored Ape Yacht Club (BAYC) token during an interview with digital artist Mike Winkelmann aka Beeple, who set the world of NFT rolling with the sale of his artwork Everydays: The First 5,000 Days for USD 69 million in March 2021.

According to reports, Fallon probably owns the Bored Ape #599. The NFT features an ape with cream fur, a sea captain’s cap, a navy-striped tee and heart sunglasses. He said that he bought his token through the crypto payments solution company Moonpay.

Reports suggest that Fallon may have paid around USD 220,000 to acquire it.

Houses owned by Jimmy Fallon

Similar to any other celebrity, real estate is part of Jimmy Fallon’s net worth as well. However, unlike those, for instance, icon and SNL alum Adam Sandler’s wealth, whose real estate constitutes luxury properties across the US, Fallon apparently owns only one property.

The Hamptons mansion

The property where Fallon and his family reside is in the village of Sagaponack in the Hamptons, a posh area which is part of the East End of Long Island north of New York City. Sagaponack has easy access to Gibson Beach and Town Line Beach.

The Hamptons is a prominent celebrity address; Gwyneth Paltrow owns a mansion and Rihanna once rented a waterfront home in the area.

Fallon bought the property in 2011. It has a massive main house, measuring 325 square metres, with six bedrooms and 5.5 bathrooms. The property includes two separate cottages, two barns and an apple orchard.

The entire area of the property measures 8,093 square metres. It was originally a farmhouse, which was built in the 1800s.

When the pandemic struck, Fallon, like others, had to remain indoors with his family in their Hamptons residence. It was during this period when he gave his fans a peek into what the house looked like from the inside while filming The Tonight Show.

In one episode, it was revealed that the house has a red-coloured slide to get from one floor to the other. Fallon was seen sitting at a desk beneath the slide in another episode. Over the next few days, fans got to see more of the house.

Viewers saw wooden panelling on the wall in a room designed both as a living space and a games area. The room had a piano alongside a retro counter-style desk and two green armchairs. There is also an exclusive games room, possibly for his kids, where a vintage popcorn machine, a drum kit and a foosball table could be seen. His daughter was seen honing her skills in art at the family’s arts-and-crafts workshop in the house.

Fallon also posted pictures of his personal gym and was seen playing on the ground on a trampoline fitted with a basketball hoop within the net.

Gramercy Park

Fallon once owned another property in Gramercy Park, an affluent neighbourhood in central New York City. He first bought an apartment in the building located at 34 Gramercy Park East for around USD 850,000 in 2002, which was very early on in his career. The neighbourhood gets its name from the park which is at its centre. It is one of the two private parks in New York City and is open only to those who reside in the neighbourhood.

With his wife Nancy, he bought four more units in the same building for around USD 5.8 million over the decade. All the units were located between the seventh floor and the top floor of the building. Fallon combined his units across the floors to make a triplex measuring 460 square metres, consisting of at least six bedrooms besides a studio, which came with a skylight, and an office.

The apartment was tastefully redesigned by the Fallons, with every room looking like colourful paintings. The walls of the wet bar in the salon room have custom stained glass. Vintage wallpaper from the 1940s adorned the wood panels on the first-floor lounge area.

Jimmy Fallon house
An inside view of one of the rooms in Jimmy Fallon’s Gramercy Park residence at the time when he owned it. (Image credit: Sotheby’s International Realty – New York City/@sir.nyc/Instagram)

The dining space was carved into an eat-in kitchen, with magnificent views of Gramercy Park. The Fallons also built two playrooms for their children. The entry to one of the playrooms is hidden behind a bookshelf, which is beneath a custom wooden staircase connecting the floors.

In March 2021, the Fallons listed the property for sale for USD 15 million. In mid-2022, it was revealed that actor Cara Delevingne bought it for USD 10.8 million.

Cars owned by Jimmy Fallon

Fallon loves cars and has been seen enjoying rides with other famous personalities. Back in 2014, he joined Jerry Seinfeld in the latter’s personal 1956 Chevy Corvette convertible for a ride that was filmed as part of Seinfeld’s TV show Comedians in Cars Getting Coffee.

In August 2022, Fallon accompanied Ford CEO Jim Farley for a visit to the automobile maker’s Rouge Electric Vehicle Center in Dearborn, Michigan, to see the all-electric F-150 Lightning pickup truck. In December of the same year, he test-drove the Ford Mustang Supercar with Jim.

Ford F-150

Ford F-150 Raptor Jimmy Fallon net worth
A Ford F-150 Raptor in a promotional still. (Image credit: Ford)

During a paid promotion for Ford F-150 Lightning all-electric truck in May 2021, Fallon said on The Tonight Show that he owns a Ford F-150. During the show, Fallon joked that his F-150 is bigger than his “first studio apartment.”

Ford has been producing the F-series of its light-duty trucks since 1948. The F-150 is the most popular version in the series and is currently in its 14th generation, of which the F-150 Lightning is part.

It is not clear if Fallon actually owns an F-150 Lightning or a non-electric F-150. Nevertheless, a six-seater 2023 F-150 starts at USD 33,835 for the base model and can go up to USD 76,775 for the highest model known as F-150 Raptor.

The Raptor model has a third-generation twin-turbo 3.5-litre EcoBoost engine. It can also be fitted with a High-Output 5.2L Supercharged V8 engine.

The 2023 F-150 Lightning, on the other hand, starts at USD 49,995 for the base model and goes up to a starting price of USD 91,995 for the top version known as F-150 Lightning Platinum. The top model has a range of 482 km on a full charge.

Mini Cooper Convertible

Mini Cooper
A Mini Cooper Convertible John Cooper Works version. (Image credit: MINI/@mini/Instagram)

Reports suggest that Fallon owns at least two luxury cars. One of them is a Mini Cooper Convertible. He used to drive his white Mini Cooper Convertible in and around Los Angeles, reports state. While a 2007 base model of the car would have cost USD 23,900, the 2024 model starts at USD 35,700 at the base and can begin at USD 44,900 for the higher version known as John Cooper Works.

The latest Mini Cooper Convertible of the John Cooper Works version comes with a TwinPower Turbo, 2.0-litre, inline 4-cylinder direct-injection engine with double VANOS which can take the car from 0-96 km/h in 6.3 seconds.

Land Rover Range Rover

Land Rover Range Rover
A Land Rover Range Rover in a promotional still. (Image credit: Land Rover India/@landroverindia/Twitter)

Land Rover is one of the world’s most famous SUV makers. The cars made by the British automobile giant, which is owned by India’s Tata Motors, are seen as symbols of power and luxury combined.

The Range Rover is a marquee by Land Rover and is seen as one of the most famous celebrity cars. A  2023 Range Rover SV — the finest version — has a 3.0-litre 6-cylinder Ingenium petrol engine with a 294 kW motor, delivering a combined power of 404.5 kW. The car has an acceleration of 0-96 km/h at 4.3 seconds, and a top speed of 260 km/h.

Its heightened luxury features include 24-way heated and cooled, hot stone massage electric front seats with Executive Class Comfort Plus rear seats, SV Semi-Aniline leather seats with SV Bespoke leather headlining and Gloss White ceramic controls. The car also has a head-up display among several other technological features.

The standard wheelbase model of the car starts at USD 209,000. The long-wheelbase version of the same car has a starting price of USD 234,000.

It is believed that Fallon owns a 2010 model of the Range Rover. Though the exact type that he owns is not clear, a Range Rover from that year will typically have a 5.0-litre V8 engine, packing around 375hp inside the hood.

(Hero and Featured images: Jimmy Fallon/@jimmyfallon/Twitter)

Frequently Asked Questions (FAQs)

– What is Jimmy Fallon’s salary for The Tonight Show?

Jimmy Fallon’s annual salary for The Tonight Show was USD 16 million in 2017.

– Is Jimmy Fallon a millionaire?

Yes, Jimmy Fallon is a millionaire.

– What is Jimmy Fallon’s net worth in 2023?

Reports suggest that his net worth in 2023 is around USD 60 million.

– Who is richer: Jimmy Kimmel vs. Jimmy Fallon?

Some reports suggest that Jimmy Fallon may be richer by net worth than Jimmy Kimmel since the former has a higher annual salary.

The post Jimmy Fallon’s Net Worth: Facts About Him and The Expensive Things He Owns appeared first on Prestige Online - HongKong.

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Prince William, Kate Middleton Want a CEO With ‘Low Ego’ to Manage Kensington Palace https://www.prestigeonline.com/hk/people/low-ego-ceo-for-prince-william-kate-middleton-kensington-palace/ Thu, 21 Sep 2023 10:39:40 +0000 https://www.prestigeonline.com/hk/?p=285769

Prince William and Kate Middleton, the Prince and Princess of Wales, are looking for a Chief Executive Officer (CEO) to run Kensington Palace — their royal residence and office. But there is a specific requirement: the applicant should have a “low ego.”

The newly created role was announced by Odgers Berndtson, the UK’s largest executive recruitment firm. The job listing described the position as “the most senior and accountable leader for the Household” who would be “responsible for the development and implementation of TRH’s long-term strategy and continuing to strengthen a professional and collaborative Household culture.”

The successful candidate will have to manage Kensington Palace’s workforce of around 60 members. The CEO would be reporting directly to Prince William and Kate and will also have to work closely with the team of King Charles and Queen Camilla.

More about the Kensington Palace CEO role

Attributes that Prince William and Kate are looking for

Prince William and Kate
Image credit: The Prince and Princess of Wales/@KensingtonRoyal/Twitter

The listing, which runs into four pages, specifies certain ‘skills and attributes’ that the future King and Queen of the UK expect the CEO to have.

One of them specifically says that the candidate should be “emotionally intelligent, with ‘low ego’, and strong self-awareness and understanding of their impact on others.”

Another noteworthy attribute that the CEO to the senior royals should have is the “foresight and ability to anticipate potential issues that maybe faced by TRHs and the Household.”

The listing also says that the holder of the office should be “able to deal with difficult situations sensitively and with integrity” and “flex and adjust their working style to accommodate different situations and people.”

It says that the applicant should be “able to operate as a ‘servant’ leader” and, in particular, coordinate with the two respective Private Secretaries to the Prince and the Princess of Wales.

Salary and work hours

The listing does not mention the salary for the role. It, however, specifies that the work hours will be 37.5 hours per week from Monday to Friday, “and such other hours that are necessary for the proper fulfilment of duties, or to meet unexpected or urgent demands.”

The CEO will be based at Kensington Palace and will have to travel to Windsor Castle regularly. The holder of the position may also be required to travel overnight within the UK and internationally.

Those eager to take up the role have till 2 October 2023 to apply.

‘Revolutionary move’

Fortune reported that the management of a senior royal family member’s office is traditionally done by someone with a military background in the capacity of the “master of the household.”

According to Daily Mail, the decision shows that Prince William and Kate Middleton are “already making clear that they plan to do things very differently from their predecessors.”

“This is a revolutionary move. They are overthrowing the traditional, hierarchical structure in which staff answer to private secretaries. It has really set the cat among the pigeons. Will the King and Queen have to follow their lead?” a source told Daily Mail.

(Hero image: Shisha-Tom/CC BY-SA 3.0/Wikimedia Commons; Featured image: The Prince and Princess of Wales/@KensingtonRoyal/Twitter)

The post Prince William, Kate Middleton Want a CEO With ‘Low Ego’ to Manage Kensington Palace appeared first on Prestige Online - HongKong.

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Prince William and Kate Middleton, the Prince and Princess of Wales, are looking for a Chief Executive Officer (CEO) to run Kensington Palace — their royal residence and office. But there is a specific requirement: the applicant should have a “low ego.”

The newly created role was announced by Odgers Berndtson, the UK’s largest executive recruitment firm. The job listing described the position as “the most senior and accountable leader for the Household” who would be “responsible for the development and implementation of TRH’s long-term strategy and continuing to strengthen a professional and collaborative Household culture.”

The successful candidate will have to manage Kensington Palace’s workforce of around 60 members. The CEO would be reporting directly to Prince William and Kate and will also have to work closely with the team of King Charles and Queen Camilla.

More about the Kensington Palace CEO role

Attributes that Prince William and Kate are looking for

Prince William and Kate
Image credit: The Prince and Princess of Wales/@KensingtonRoyal/Twitter

The listing, which runs into four pages, specifies certain ‘skills and attributes’ that the future King and Queen of the UK expect the CEO to have.

One of them specifically says that the candidate should be “emotionally intelligent, with ‘low ego’, and strong self-awareness and understanding of their impact on others.”

Another noteworthy attribute that the CEO to the senior royals should have is the “foresight and ability to anticipate potential issues that maybe faced by TRHs and the Household.”

The listing also says that the holder of the office should be “able to deal with difficult situations sensitively and with integrity” and “flex and adjust their working style to accommodate different situations and people.”

It says that the applicant should be “able to operate as a ‘servant’ leader” and, in particular, coordinate with the two respective Private Secretaries to the Prince and the Princess of Wales.

Salary and work hours

The listing does not mention the salary for the role. It, however, specifies that the work hours will be 37.5 hours per week from Monday to Friday, “and such other hours that are necessary for the proper fulfilment of duties, or to meet unexpected or urgent demands.”

The CEO will be based at Kensington Palace and will have to travel to Windsor Castle regularly. The holder of the position may also be required to travel overnight within the UK and internationally.

Those eager to take up the role have till 2 October 2023 to apply.

‘Revolutionary move’

Fortune reported that the management of a senior royal family member’s office is traditionally done by someone with a military background in the capacity of the “master of the household.”

According to Daily Mail, the decision shows that Prince William and Kate Middleton are “already making clear that they plan to do things very differently from their predecessors.”

“This is a revolutionary move. They are overthrowing the traditional, hierarchical structure in which staff answer to private secretaries. It has really set the cat among the pigeons. Will the King and Queen have to follow their lead?” a source told Daily Mail.

(Hero image: Shisha-Tom/CC BY-SA 3.0/Wikimedia Commons; Featured image: The Prince and Princess of Wales/@KensingtonRoyal/Twitter)

The post Prince William, Kate Middleton Want a CEO With ‘Low Ego’ to Manage Kensington Palace appeared first on Prestige Online - HongKong.

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A Rookie Guide to Digital Assets with Angelina Kwan https://www.prestigeonline.com/hk/lifestyle/wealth-management/digital-assets-with-angelina-kwan/ Thu, 21 Sep 2023 04:00:00 +0000 https://www.prestigeonline.com/hk/?p=285745

Prestige Woman of Power and CEO of consultancy Stratford Finance Angelina Kwan believes digital assets, such as Bitcoin and NFTs, will soon transform the private wealth landscape and urges investors to keep an eye out on current and forthcoming financial regulations.

What are digital assets?

The Web3 platform Chainlink is tearing apart what used to be kept in Google or Meta, creating decentralised networks, a type of blockchain. And the virtual assets that come out of these networks are rewards or tokens awarded to people after they invest in these projects. Now, if you had a piece of property in Central, you could either use the old-fashioned paper or, if people had agreed on a protocol, instead of an overwhelming stack of documents, you’d get one token, which designates the ownership right. There’s so much interest in tokenisation and trade of tokens, so much so that the Securities and Futures Commission (SFC) will issue a final guidance paper in about two months on the tokenisation of assets.

In 2008, Satoshi Nakamoto created a peer-to-peer version of electronic cash that enabled payments to be sent back and forth through a network that didn’t require a bank. The people behind the pseudonym even created a schematic of how to build it. The network timestamps transactions by hashing them into an ongoing chain of hash space- based proof of work, forming a record that can’t be changed without redoing the proof of work. Banks, for example, can still negate and hide things, but that’s not the case here. It requires minimal structure and rewards you with tokens through a process called mining. Then, there’s a chain of computers that approve and reject submitted transactions. So, when you plug in your PC, the blockchain recognises you and allows you to continue mining, so you get your little tokens (Bitcoins) in your wallet each day based on how much time you work on it. These tokens can be used for checking balances, transferring and so on. If you were a bank, you could put this in place and quickly replace your clunky systems. But, of course, none of the banks can do that because the regulators don’t allow them to.

If you think about it, the initial coin offerings came out suddenly and collapsed – it was a pump and dump, and there was no documentation for many of these deals. They’d say they wanted to put $100,000 in to tokenise gold. Yet, there was no proof. This was why people didn’t trust tokens, because there was no regulatory body that could intervene.

Getty Images

What’s the relationship between physical currency and Bitcoin?

A Bitcoin has no intrinsic value. There are only 21 million of them, so if you think it’s worth something, you’ll assign to it a value based on scarcity. If you think it’s worth US$25,000, which is what it’s currently trading at now, then you might buy it. When it goes up to 30, you’ll think you made a smart decision. But if it goes down, you’re going to be bummed. Securities tokens can start as traditional assets. So, if you have a house on the Peak, it’ll probably be a couple of hundred million dollars. But if you divide it by a million tokens, you’ll know that each coin will be worth $500.

Is there a synthetic scarcity of Bitcoin?

Everybody involved with Bitcoin at that time knew there would only be 21 million coins. It was decided by the founder – whoever Satoshi Nakamoto is. But what happens when the 21 million are already issued? You go into fractions. So, you may be selling a small portion, which might appreciate. You can’t do that with the US dollar, because it keeps getting printed. The founders wanted a finite amount of Bitcoin, so people would know exactly what they were getting. Nakamoto never thought of it as an investment – it was a reward for keeping up the system. So, why Bitcoin? It’s a tamper-proof digital record that’s efficient and cryptographic. And it’s important for financial services. For other coins, like Ethereum, its value goes up based on its popularity. It’s used in games on the blockchain. Because more users get into that blockchain, its value has become thousands of dollars now. These developments are why Web3 and the new things coming out from it are a matter of mankind moving faster in terms of discoveries, computer power, and creativity.

Angelina Kwan

How about NFTs?

They can store data, be used as tickets and be monitored. For example, there’s a company using blockchain to tag cows, tracking their locations and growth. The technology is immutable, so you can’t change the tag unless the cow dies. And once the SFC issues the anticipated tokenisation paper, you will see people tokenising crap assets and selling them. I believe if the asset was crap, it’d be crap when they sell it. But, if you have good assets, it’s a good way of getting asset classes out to more people, because instead of using a listing document that you still must fill out, you can register with your wallet on blockchain.

Why is licensing so important?

It provides recognition that for anything sold to an investor, there’d better be agreed-upon documentation. So, if there are specific things about the digital asset, there must be a document explaining what it is. It brings up the fact that digital assets will be sold like securities through licenced brokers. That’s why we’re putting together licencing examinations, so that people selling them possess the general knowledge and skills to explain the product. Furthermore, before someone invests for the first time, they’ll have to take a quick exam to ensure they understand what they just learned about this asset class.

What’s a digital-assets investment strategy?

If someone came to me (and I’m not giving investment advice) and said they wanted to build a portfolio, I’d suggest buying a little bit of the major coins: Ethereum and Bitcoin. Track them and start studying. Then you’ll see what other coins are coming out. Only trade through a licensed exchange or company to ensure you’re getting the real thing. Venture funds that manage digital assets are another way to get exposure: let a professional do it for you. You’re going to see more projects like this soon enough. Those haven’t yet been licensed though, so you take your own risk.

The post A Rookie Guide to Digital Assets with Angelina Kwan appeared first on Prestige Online - HongKong.

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Prestige Woman of Power and CEO of consultancy Stratford Finance Angelina Kwan believes digital assets, such as Bitcoin and NFTs, will soon transform the private wealth landscape and urges investors to keep an eye out on current and forthcoming financial regulations.

What are digital assets?

The Web3 platform Chainlink is tearing apart what used to be kept in Google or Meta, creating decentralised networks, a type of blockchain. And the virtual assets that come out of these networks are rewards or tokens awarded to people after they invest in these projects. Now, if you had a piece of property in Central, you could either use the old-fashioned paper or, if people had agreed on a protocol, instead of an overwhelming stack of documents, you’d get one token, which designates the ownership right. There’s so much interest in tokenisation and trade of tokens, so much so that the Securities and Futures Commission (SFC) will issue a final guidance paper in about two months on the tokenisation of assets.

In 2008, Satoshi Nakamoto created a peer-to-peer version of electronic cash that enabled payments to be sent back and forth through a network that didn’t require a bank. The people behind the pseudonym even created a schematic of how to build it. The network timestamps transactions by hashing them into an ongoing chain of hash space- based proof of work, forming a record that can’t be changed without redoing the proof of work. Banks, for example, can still negate and hide things, but that’s not the case here. It requires minimal structure and rewards you with tokens through a process called mining. Then, there’s a chain of computers that approve and reject submitted transactions. So, when you plug in your PC, the blockchain recognises you and allows you to continue mining, so you get your little tokens (Bitcoins) in your wallet each day based on how much time you work on it. These tokens can be used for checking balances, transferring and so on. If you were a bank, you could put this in place and quickly replace your clunky systems. But, of course, none of the banks can do that because the regulators don’t allow them to.

If you think about it, the initial coin offerings came out suddenly and collapsed – it was a pump and dump, and there was no documentation for many of these deals. They’d say they wanted to put $100,000 in to tokenise gold. Yet, there was no proof. This was why people didn’t trust tokens, because there was no regulatory body that could intervene.

Getty Images

What’s the relationship between physical currency and Bitcoin?

A Bitcoin has no intrinsic value. There are only 21 million of them, so if you think it’s worth something, you’ll assign to it a value based on scarcity. If you think it’s worth US$25,000, which is what it’s currently trading at now, then you might buy it. When it goes up to 30, you’ll think you made a smart decision. But if it goes down, you’re going to be bummed. Securities tokens can start as traditional assets. So, if you have a house on the Peak, it’ll probably be a couple of hundred million dollars. But if you divide it by a million tokens, you’ll know that each coin will be worth $500.

Is there a synthetic scarcity of Bitcoin?

Everybody involved with Bitcoin at that time knew there would only be 21 million coins. It was decided by the founder – whoever Satoshi Nakamoto is. But what happens when the 21 million are already issued? You go into fractions. So, you may be selling a small portion, which might appreciate. You can’t do that with the US dollar, because it keeps getting printed. The founders wanted a finite amount of Bitcoin, so people would know exactly what they were getting. Nakamoto never thought of it as an investment – it was a reward for keeping up the system. So, why Bitcoin? It’s a tamper-proof digital record that’s efficient and cryptographic. And it’s important for financial services. For other coins, like Ethereum, its value goes up based on its popularity. It’s used in games on the blockchain. Because more users get into that blockchain, its value has become thousands of dollars now. These developments are why Web3 and the new things coming out from it are a matter of mankind moving faster in terms of discoveries, computer power, and creativity.

Angelina Kwan

How about NFTs?

They can store data, be used as tickets and be monitored. For example, there’s a company using blockchain to tag cows, tracking their locations and growth. The technology is immutable, so you can’t change the tag unless the cow dies. And once the SFC issues the anticipated tokenisation paper, you will see people tokenising crap assets and selling them. I believe if the asset was crap, it’d be crap when they sell it. But, if you have good assets, it’s a good way of getting asset classes out to more people, because instead of using a listing document that you still must fill out, you can register with your wallet on blockchain.

Why is licensing so important?

It provides recognition that for anything sold to an investor, there’d better be agreed-upon documentation. So, if there are specific things about the digital asset, there must be a document explaining what it is. It brings up the fact that digital assets will be sold like securities through licenced brokers. That’s why we’re putting together licencing examinations, so that people selling them possess the general knowledge and skills to explain the product. Furthermore, before someone invests for the first time, they’ll have to take a quick exam to ensure they understand what they just learned about this asset class.

What’s a digital-assets investment strategy?

If someone came to me (and I’m not giving investment advice) and said they wanted to build a portfolio, I’d suggest buying a little bit of the major coins: Ethereum and Bitcoin. Track them and start studying. Then you’ll see what other coins are coming out. Only trade through a licensed exchange or company to ensure you’re getting the real thing. Venture funds that manage digital assets are another way to get exposure: let a professional do it for you. You’re going to see more projects like this soon enough. Those haven’t yet been licensed though, so you take your own risk.

The post A Rookie Guide to Digital Assets with Angelina Kwan appeared first on Prestige Online - HongKong.

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6 Niche Investment Ideas to Diversify Your Portfolio https://www.prestigeonline.com/hk/lifestyle/wealth-management/6-niche-investment-ideas-to-diversify-your-portfolio/ Wed, 20 Sep 2023 09:00:00 +0000 https://www.prestigeonline.com/hk/?p=285608

Everyone’s familiar with stocks and bonds, but if you’re looking to truly diversify your portfolio, you’re going to look beyond conventional financial instruments. To give you some inspiration, here are six niche fields to invest in with bustling resale markets.

Niche Investment Ideas

NOT JUST FOR KIDS

Front and back look of Kenner’s Star Wars rocket-firing Boba Fett, 3.75-inch prototype

Millennials have transformed what was once considered a dying toy industry into a market projected to reach US$239.6 billion by 2028. The wave of nostalgia has caused collectable toys to surge in value, with one study finding that investing in Lego could be more profitable than stocks, bonds, art, wine or even gold, seeing average returns of 11 percent. If you’re not already impressed, just look at Kenner’s Star Wars rocket-firing Boba Fett – a rare 3.75-inch prototype sold for US$185,850 at auction in 2019.

SUPERHERO FORMULA

Issue cover of Amazing Fantasy that has the first appearance of Spider-Man

The success of the Marvel Cinematic Universe and the DC Extended Universe has brought around a tidal wave of change to how narratives are told across mega-franchises, but aside from making the likes of Disney and Warner Bros billions of dollars, it’s also turned a few lucky comic-book collectors into millionaires, especially those with vintage collections. In 2021, an issue of Amazing Fantasy – credited as the first appearance of Spider-Man – sold for a record-breaking US$3.6 million, dethroning a copy of the first issue of Action Comics featuring the debut of Superman, which sold for US$3.25 million.

MOVIE MAGIC

Actress Marilyn Monroe tries to hold down her dress as the wind from a subway grate blows it upward during the filming of The Seven Year Itch motion picture in Manhattan.

Whether you’re a classic romantic or sci-fi fan, at some point you’ll have been enthralled by stories told on the silver screen. It’s no surprise, then, that some of the original props used in those cinematic epics are now auctioning for staggering sums. In 2022, Han Solo’s blaster from Star Wars used by Harrison Ford sold for US$ 1 million, while the piano in Casablanca went for US$3.4 million in 2014. Even more incredible is Marilyn Monroe’s famous white dress from The Seven Year Itch, which fetched US$5.6 million in 2021.

TURNING PAGES

Often regarded as one of society’s most important assets, books have long conveyed the wisdom enabling civilisation to flourish but, more than just education and knowledge, the right book can also be extremely financially rewarding. Rare historic tomes such as the Codex Sassoon – the oldest known Hebrew Bible – sold for US$38.1 million in May, but modern novels can also rake in a decent amount: in 2021, a first edition of Harry Potter and the Philosopher’s Stone auctioned for US$471,000.

DECKED OUT

One-of-a-kind Magic: The Gathering – Lord of the Rings card purchased by Post Malone

Sports cards – especially baseball cards – have been in the spotlight for decades, but trading card games have recently caught their second wind, just like collectable toys. In this fantastical realm, singer Post Malone recently bought a one-of-a-kind Magic: The Gathering – Lord of the Rings card for US$2 million, and it’s not his first time either. Last year, the musician bought a Black Lotus card from the same series for US$800,000, making it one of the most expensive Magic: The Gathering cards sold at the time. In a similar fashion, Youtuber Logan Paul purchased the world’s most expensive Pokémon card last year for US$5.275 million.

KICKS GALORE

“The Last Dance”, A Black and red Air Jordan 13 Michael Jordan wore that brought Bulls victory during Game 2 of his final NBA championship in 1998.

The sneaker craze has been going on for years, but it’s not too late to enter the market, as long as you know what to look for. According to research in the UK in 2021, models such as the Air Yeezy 2 Red October (2014) and the Jordan 5 Retro Tokyo T23 (2011) have increased in value by 2,162 percent and

1,703 percent respectively. Silhouettes related to the legendary basketball player are particularly coveted. Just earlier this year, a pair worn by Michael Jordan himself during the 1998 NBA Finals auctioned for US$2.238 million at Sotheby’s.

The post 6 Niche Investment Ideas to Diversify Your Portfolio appeared first on Prestige Online - HongKong.

]]>

Everyone’s familiar with stocks and bonds, but if you’re looking to truly diversify your portfolio, you’re going to look beyond conventional financial instruments. To give you some inspiration, here are six niche fields to invest in with bustling resale markets.

Niche Investment Ideas

NOT JUST FOR KIDS

Front and back look of Kenner’s Star Wars rocket-firing Boba Fett, 3.75-inch prototype

Millennials have transformed what was once considered a dying toy industry into a market projected to reach US$239.6 billion by 2028. The wave of nostalgia has caused collectable toys to surge in value, with one study finding that investing in Lego could be more profitable than stocks, bonds, art, wine or even gold, seeing average returns of 11 percent. If you’re not already impressed, just look at Kenner’s Star Wars rocket-firing Boba Fett – a rare 3.75-inch prototype sold for US$185,850 at auction in 2019.

SUPERHERO FORMULA

Issue cover of Amazing Fantasy that has the first appearance of Spider-Man

The success of the Marvel Cinematic Universe and the DC Extended Universe has brought around a tidal wave of change to how narratives are told across mega-franchises, but aside from making the likes of Disney and Warner Bros billions of dollars, it’s also turned a few lucky comic-book collectors into millionaires, especially those with vintage collections. In 2021, an issue of Amazing Fantasy – credited as the first appearance of Spider-Man – sold for a record-breaking US$3.6 million, dethroning a copy of the first issue of Action Comics featuring the debut of Superman, which sold for US$3.25 million.

MOVIE MAGIC

Actress Marilyn Monroe tries to hold down her dress as the wind from a subway grate blows it upward during the filming of The Seven Year Itch motion picture in Manhattan.

Whether you’re a classic romantic or sci-fi fan, at some point you’ll have been enthralled by stories told on the silver screen. It’s no surprise, then, that some of the original props used in those cinematic epics are now auctioning for staggering sums. In 2022, Han Solo’s blaster from Star Wars used by Harrison Ford sold for US$ 1 million, while the piano in Casablanca went for US$3.4 million in 2014. Even more incredible is Marilyn Monroe’s famous white dress from The Seven Year Itch, which fetched US$5.6 million in 2021.

TURNING PAGES

Often regarded as one of society’s most important assets, books have long conveyed the wisdom enabling civilisation to flourish but, more than just education and knowledge, the right book can also be extremely financially rewarding. Rare historic tomes such as the Codex Sassoon – the oldest known Hebrew Bible – sold for US$38.1 million in May, but modern novels can also rake in a decent amount: in 2021, a first edition of Harry Potter and the Philosopher’s Stone auctioned for US$471,000.

DECKED OUT

One-of-a-kind Magic: The Gathering – Lord of the Rings card purchased by Post Malone

Sports cards – especially baseball cards – have been in the spotlight for decades, but trading card games have recently caught their second wind, just like collectable toys. In this fantastical realm, singer Post Malone recently bought a one-of-a-kind Magic: The Gathering – Lord of the Rings card for US$2 million, and it’s not his first time either. Last year, the musician bought a Black Lotus card from the same series for US$800,000, making it one of the most expensive Magic: The Gathering cards sold at the time. In a similar fashion, Youtuber Logan Paul purchased the world’s most expensive Pokémon card last year for US$5.275 million.

KICKS GALORE

“The Last Dance”, A Black and red Air Jordan 13 Michael Jordan wore that brought Bulls victory during Game 2 of his final NBA championship in 1998.

The sneaker craze has been going on for years, but it’s not too late to enter the market, as long as you know what to look for. According to research in the UK in 2021, models such as the Air Yeezy 2 Red October (2014) and the Jordan 5 Retro Tokyo T23 (2011) have increased in value by 2,162 percent and

1,703 percent respectively. Silhouettes related to the legendary basketball player are particularly coveted. Just earlier this year, a pair worn by Michael Jordan himself during the 1998 NBA Finals auctioned for US$2.238 million at Sotheby’s.

The post 6 Niche Investment Ideas to Diversify Your Portfolio appeared first on Prestige Online - HongKong.

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TXT Members’ Net Worth: Who’s The Richest Artist of The K-Pop Group? https://www.prestigeonline.com/hk/lifestyle/wealth-management/txt-members-net-worth-brand-endorsements-and-more/ Tue, 19 Sep 2023 06:00:34 +0000 https://www.prestigeonline.com/hk/?p=285369

TOMORROW X TOGETHER aka TXT have made major breakthrough in the K-pop space in just three years since its debut. Their unique catalogue of songs has resonated with the masses, with the band witnessing sold-out tour stops, top Billboard rankings and collaborations with a slew of notable brands. In lieu of these successes, TXT’s net worth has risen manifold and all five members including Yeonjun, Soobin, Beomgyu, Taehyun, and HueningKai, have also minted impressive sums.

Their solid position in the global music scene has led labels across Japan, South Korea and more to collaborate with them. Another testament to TXT‘s massive fandom is their phenomenally successful 2022 world tour ‘Act: Lovesick’ as well as their upcoming ‘Act: Sweet Mirage’ tour (whose tickets are being snapped up at the earliest).

This brings us to the buzzing question about the group’s fortune. Here’s everything we know about the net worth, earnings, and collaborations of the “It boys” of K-pop’s fourth generation.

TXT’s net worth: Everything we know!

From personal care to beauty brands, TXT has a diverse portfolio when it comes to brand collaborations. The boys represent the Japanese beauty brand, ‘Manyo Factory’ as well as the Korean beauty brand, ‘4OIN FOREUL’.  The Korean company picked TXT in 2021, crediting their ‘colourful charms’ and ‘positive energy’ for the association.

More recently, the K-pop group was appointed as the first global ambassador for the premium personal care brand ‘Kundal’. For their collaboration with TXT, the eco-friendly brand plans to introduce a natural hair care product line that will include shampoo, serum, treatment and more.

The group has also recently broken several records, cementing its credibility further. TOMORROW X TOGETHER became the first Korean act to perform at Lollapalooza with their stint in July 2022. TXT is the first K-pop group to bag the Hero of the Year accolade at the United Kingdom’s NME Awards, previously given to influential personalities like Barack Obama and Beyoncé.

All of this, in addition to the group’s chart-topping tracks and albums, has fuelled their earnings. According to Channel Korea (via Sportskeeda), the net worth of TXT is estimated to be US $10 million.

 

View this post on Instagram

 

A post shared by 쿤달(KUNDAL) (@kundal.official)

TXT members: Earnings, endorsements and more

All five members have also branched out of the group’s activities to gather individual deals. Let’s go through each member’s brand associations and other stints that have added to their net worth.

Yeonjun

The group’s eldest member Yeonjun is hailed by fashion enthusiasts for his quirky attire and experimental looks. Multiple fashion brands have associated with him for his iconic image. Clothing brand Privé Alliance appointed the artist as its fashion ambassador in 2022. He also acted as the guest creative director for the brand’s limited capsule collection which dropped in 2022 as well.

Yeonjun made a dazzling runway appearance at the New York Fashion Week in 2021 in collaboration with ul:kin, Korea’s most popular sustainable brand. The K-pop idol continues to model for the brand to date and you’ll find him flaunting their exclusive pieces on social media.

Speculations are rife that Yeonjun will collaborate with the luxury powerhouse Burberry soon, considering his recent appearances at their pop-up events, sponsored Instagram posts with the brand as well as outings in Burberry apparel. According to a 2021 report in Kpop Starz, Yeonjun’s net worth was US $1.2 million.

 

View this post on Instagram

 

A post shared by YEONJUN (@yawnzzn)

Beomgyu

Apart from his share in TXT’s album sales and concerts, Beomgyu reportedly earns a royalty for curating some of the band’s tracks. He has been credited as a songwriter, composer as well as producer of Thursday’s Child Has Far To Go, the track which came as a part of their fourth Korean EP Minisode 2: Thursday’s Child.

The artist also graced Chanel’s Parfumeur Masterclass event in Seoul in January 2023, exuding grace in a black suit with a white shirt. We’re all rooting for Beomgyu x Chanel to land soon.

All of this shot up his net worth to US $3 million in 2022, as per Channel Korea (via Sportskeeda). This figure also makes him the richest TXT member.

TXT member Beomgyu
Image credit: Reddit

Taehyun

The 21-year-old singer-songwriter is known for his impeccable fashion taste in addition to his musical talent. Long before debuting with TXT, Taehyun was a model and an actor. Apart from his releases with TXT, the K-pop idol and his fellow band member Yeonjun have collaborated with notable American singer-songwriter, Salem Ilese on his 2022 track PS5.

He also reportedly has multiple writing and composing credits with TXT. The activities have added to Taehyun’s net worth. However, his estimated net worth is still unknown.

Soobin

TXT leader Choi Soobin’s earnings come majorly from the band’s releases, endorsement deals, fan events and concerts. He has also been a part of KBS’ music program Music Bank as an MC alongside Oh My Girl’s Arin. He hosted the weekly music show for over a year before parting ways in October 2021 when TXT became more active with their Korean and Japanese comebacks. According to K-pop Starz, Soobin’s net worth is US $1.5 million as of February 2022.

Huening Kai

The Korean American singer-songwriter belongs to an affluent family and his father was a celebrity in China. Huening hasn’t gotten involved much in solo outings and his net worth is based on the group’s album sales and more. Channel Korea (via K-pop Starz) reported that the artist’s net worth is US $2 million. 


 Hero and feature image: Courtesy TXT_bighit/ Twitter

(All USD conversions done at the time of writing)

The post TXT Members’ Net Worth: Who’s The Richest Artist of The K-Pop Group? appeared first on Prestige Online - HongKong.

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TOMORROW X TOGETHER aka TXT have made major breakthrough in the K-pop space in just three years since its debut. Their unique catalogue of songs has resonated with the masses, with the band witnessing sold-out tour stops, top Billboard rankings and collaborations with a slew of notable brands. In lieu of these successes, TXT’s net worth has risen manifold and all five members including Yeonjun, Soobin, Beomgyu, Taehyun, and HueningKai, have also minted impressive sums.

Their solid position in the global music scene has led labels across Japan, South Korea and more to collaborate with them. Another testament to TXT‘s massive fandom is their phenomenally successful 2022 world tour ‘Act: Lovesick’ as well as their upcoming ‘Act: Sweet Mirage’ tour (whose tickets are being snapped up at the earliest).

This brings us to the buzzing question about the group’s fortune. Here’s everything we know about the net worth, earnings, and collaborations of the “It boys” of K-pop’s fourth generation.

TXT’s net worth: Everything we know!

From personal care to beauty brands, TXT has a diverse portfolio when it comes to brand collaborations. The boys represent the Japanese beauty brand, ‘Manyo Factory’ as well as the Korean beauty brand, ‘4OIN FOREUL’.  The Korean company picked TXT in 2021, crediting their ‘colourful charms’ and ‘positive energy’ for the association.

More recently, the K-pop group was appointed as the first global ambassador for the premium personal care brand ‘Kundal’. For their collaboration with TXT, the eco-friendly brand plans to introduce a natural hair care product line that will include shampoo, serum, treatment and more.

The group has also recently broken several records, cementing its credibility further. TOMORROW X TOGETHER became the first Korean act to perform at Lollapalooza with their stint in July 2022. TXT is the first K-pop group to bag the Hero of the Year accolade at the United Kingdom’s NME Awards, previously given to influential personalities like Barack Obama and Beyoncé.

All of this, in addition to the group’s chart-topping tracks and albums, has fuelled their earnings. According to Channel Korea (via Sportskeeda), the net worth of TXT is estimated to be US $10 million.

 

View this post on Instagram

 

A post shared by 쿤달(KUNDAL) (@kundal.official)

TXT members: Earnings, endorsements and more

All five members have also branched out of the group’s activities to gather individual deals. Let’s go through each member’s brand associations and other stints that have added to their net worth.

Yeonjun

The group’s eldest member Yeonjun is hailed by fashion enthusiasts for his quirky attire and experimental looks. Multiple fashion brands have associated with him for his iconic image. Clothing brand Privé Alliance appointed the artist as its fashion ambassador in 2022. He also acted as the guest creative director for the brand’s limited capsule collection which dropped in 2022 as well.

Yeonjun made a dazzling runway appearance at the New York Fashion Week in 2021 in collaboration with ul:kin, Korea’s most popular sustainable brand. The K-pop idol continues to model for the brand to date and you’ll find him flaunting their exclusive pieces on social media.

Speculations are rife that Yeonjun will collaborate with the luxury powerhouse Burberry soon, considering his recent appearances at their pop-up events, sponsored Instagram posts with the brand as well as outings in Burberry apparel. According to a 2021 report in Kpop Starz, Yeonjun’s net worth was US $1.2 million.

 

View this post on Instagram

 

A post shared by YEONJUN (@yawnzzn)

Beomgyu

Apart from his share in TXT’s album sales and concerts, Beomgyu reportedly earns a royalty for curating some of the band’s tracks. He has been credited as a songwriter, composer as well as producer of Thursday’s Child Has Far To Go, the track which came as a part of their fourth Korean EP Minisode 2: Thursday’s Child.

The artist also graced Chanel’s Parfumeur Masterclass event in Seoul in January 2023, exuding grace in a black suit with a white shirt. We’re all rooting for Beomgyu x Chanel to land soon.

All of this shot up his net worth to US $3 million in 2022, as per Channel Korea (via Sportskeeda). This figure also makes him the richest TXT member.

TXT member Beomgyu
Image credit: Reddit

Taehyun

The 21-year-old singer-songwriter is known for his impeccable fashion taste in addition to his musical talent. Long before debuting with TXT, Taehyun was a model and an actor. Apart from his releases with TXT, the K-pop idol and his fellow band member Yeonjun have collaborated with notable American singer-songwriter, Salem Ilese on his 2022 track PS5.

He also reportedly has multiple writing and composing credits with TXT. The activities have added to Taehyun’s net worth. However, his estimated net worth is still unknown.

Soobin

TXT leader Choi Soobin’s earnings come majorly from the band’s releases, endorsement deals, fan events and concerts. He has also been a part of KBS’ music program Music Bank as an MC alongside Oh My Girl’s Arin. He hosted the weekly music show for over a year before parting ways in October 2021 when TXT became more active with their Korean and Japanese comebacks. According to K-pop Starz, Soobin’s net worth is US $1.5 million as of February 2022.

Huening Kai

The Korean American singer-songwriter belongs to an affluent family and his father was a celebrity in China. Huening hasn’t gotten involved much in solo outings and his net worth is based on the group’s album sales and more. Channel Korea (via K-pop Starz) reported that the artist’s net worth is US $2 million. 


 Hero and feature image: Courtesy TXT_bighit/ Twitter

(All USD conversions done at the time of writing)

The post TXT Members’ Net Worth: Who’s The Richest Artist of The K-Pop Group? appeared first on Prestige Online - HongKong.

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Chris Evans’ Net Worth: His Career Highlights, Earnings, Expensive Assets And More https://www.prestigeonline.com/hk/lifestyle/wealth-management/chris-evans-net-worth-salary-and-career-highlights/ Mon, 18 Sep 2023 00:00:42 +0000 https://www.prestigeonline.com/hk/?p=285105

Chris Evans is Hollywood royalty. He’s a part of that rare breed of A-listers who’ve conquered the world with their superhero prowess on the silver screen. 

But here’s the kicker – he wasn’t born with a golden spoon in his mouth and has earned every bit of his fortune. From taking up dorky and quirky characters at the beginning of his career to donning the iconic Captain America suit in the Marvel Cinematic Universe, he’s carved his path to stardom with grit and gumption. The result? A massive fan following, global domination and a jaw-dropping net worth. Not to mention, the actor entered marital bliss recently by tying the knot with Portuguese actress Alba Baptista. 

So, as our favourite Captain America kickstarts a brand new chapter in his life, we take an extensive look at Chris Evans’ net worth, his rise to fame, unforgettable career highlights, heartwarming humanitarian efforts and the indelible mark he’s left on both the big screen and beyond.

Chris Evan’s early life and humble beginnings 

chris evans net worth
Picture Credits: Contrafilm Regency Enterprises

Chris Evans was born and raised in the lively city of Boston, Massachusetts. His father, a dentist, and mother, a theatre enthusiast, gave birth to kids who naturally took up theatre from a young age. Even as a child, Evans had a taste for the limelight and even attended an acting camp to sharpen his skills. He secured a summer internship at a casting company in New York right after high school. It was a pivotal moment in his career, setting the stage for his future endeavours. 

In 1999, his journey in Hollywood began with small roles, including in the short-lived 2000 television comedy-drama Opposite Sex and the 2000 film The Newcomers. These may have been humble beginnings, but they marked the first phase of a remarkable ascent toward stardom. 

Chris Evans’ net worth: Looking at his career highlights

With a Hollywood career spanning almost 23 years, Chris Evans has, time and again, shown his versatility as an actor, effortlessly switching from one genre to another. From charming us in romantic comedies like What’s Your Number? to giving us the chills in serious dramas like Snowpiercer and Gifted, he’s proven he can rock any role with ease. 

What’s more, he’s not just a superstar in front of the camera, he’s got skills behind it too! In 2014, Chris decided to try his hand at directing, making his directorial debut with Before We Go. He has also produced a couple of projects like the 2023 movie Ghosted and the 2020 Apple TV series Defending Jacob.

Chris Evans’ Hollywood breakthrough

chris evans net worth
Picture Credits: Marvel Cinematic Universe

Even at the beginning of his career, Chris was no stranger to playing a superhero. He had essayed the role of Johnny Storm aka The Human Torch in 2005’s Fantastic Four as well as its 2017 sequel. Unfortunately, those movies received mixed reviews from fans and critics and the franchise was eventually cancelled. Chris, however, wasn’t done being a superhero.

In 2011, Evans made an indelible mark in Hollywood after securing the role of Steve Rogers aka Captain America in the Marvel Cinematic Universe. This pivotal role was nothing short of a game-changer for Evans, catapulting him to the highest ranks in the business.

His portrayal of the iconic superhero garnered universal acclaim, creating a dedicated fan base and cementing his status as a household name. Chris breathed life into Captain America, infusing the character with depth and sincerity that resonated with audiences worldwide.

Yet, his talent doesn’t end with his superhero persona. He further showcased his versatility in 2017’s Gifted and 2019’s critically acclaimed Knives Out. With these performances, Chris demonstrated his impressive acting range and sent a clear message that he doesn’t want to be typecast. 

Chris has also been duly recognised by the industry, bagging an impressive array of awards and accolades, including honours from the Kid’s Choice Awards, MTV Movie & TV Awards and the People’s Choice Awards. His talent has not only captured our hearts but also earned him the respect of his peers and the industry at large.

His upcoming films

Chris evans net worth
Picture Credits: Netflix

Looking ahead, 2023 promises to be an exciting year for Chris thanks to a series of intriguing projects. First on the list is Red One, a much-anticipated release from Amazon Studios. In this film, Evans will share screen space with none other than Dwayne ‘The Rock’ Johnson, setting the stage for an epic cinematic showdown.

There’s also Pain Hustlers on Netflix, scheduled for release next month. Chris Evans takes centre stage in this upcoming film opposite British actress Emily Blunt.

There’s more! Rumour has it that an undisclosed Marvel project is in the works, adding an element of mystery to Even’s future films. While the details remain under wraps, fans of the MCU can undoubtedly look forward to yet another thrilling chapter in Chris Evans’ storied career.

What is Chris Evans’ net worth in 2023?

 

View this post on Instagram

 

A post shared by Chris Evans (@teamcevans)

As an A-list Hollywood celebrity, it shouldn’t surprise anyone that Chris Evans boasts an impressive net worth. As per Celebrity Net Worth, Chris Evans’ net worth, as of September 2023, is a whopping USD 110 million, placing him among the industry’s top earners.

The main share of his wealth stems from his roles in big-budget blockbuster films, solidifying his status as one of Hollywood’s highest-paid actors. During his time as the iconic Captain America in the Marvel Cinematic Universe, Chris consistently earned more than USD 30 million annually. 

When it comes to his film projects, Chris, in the recent past, has commanded a salary ranging from USD 10 to 15 million per project, depending on the film’s nature and his role. For instance, in 2015 when he did Age of Ultron, his salary reached a handsome USD 15 million. For 2018’s Infinity War, Evans retained his USD 15 million salary. However, when he did Avengers: Endgame in 2019, he further upgraded his fee to a jaw-dropping USD 20 million.

As it happens, Chris Evans isn’t just cashing in his paychecks from appearances on the silver screen. He’s also raking in substantial earnings from his stellar brand deals and endorsements. He’s been the face of Gucci’s Guilty fragrance since 2010, and in 2021, became the brand ambassador for Smart Communications, a Philippines-based company. He’s also the global brand ambassador for the smartphone brand TECNO.

Chris Evans’ luxurious home and car collection 

Beyond the glitz and glamour of Hollywood, Evans also appreciates the finer things in life. As such, it shouldn’t surprise anyone to know that he owns multiple properties across the United States. Among his notable acquisitions are a beautiful residence in Beverly Hills and an apartment in NYC. Additionally, he possesses a charming home in Massachusetts, offering a slice of tranquillity away from the bustling entertainment industry.

However, Evans’ most stunning real estate deal is his acquisition of one of Laurel Canyon’s most opulent estates in 2013. He bought this property shortly after his remarkable success in the MCU as Captain America, a role that propelled him to stardom. The price tag for this luxurious estate? A stunning USD 3.52 million.

Apart from his investments in real estate, Chris is also an avid sports car enthusiast, finding immense joy in his mean machines. His collection includes coveted names like Maserati, Rolls Royce, Mercedes AMG GT-R and the iconic Ford Mustang. 

Evans is also a connoisseur of timepieces. As an ambassador for IWC Schaffhausen, the esteemed Swiss luxury watchmaker, Chris has a deep appreciation for premium watches. Among his cherished collection is the IWC Portugieser Chronograph priced at USD 19,200, a masterpiece featuring a black-coloured dial nestled within an 18-carat gold case. 

What about his personal life? 

Picture Credits: Twitter/Chris Evans

Chris Evans, who was crowned 2022’s Sexiest Man Alive by People magazine, has ventured into a new chapter of his life at the age of 42 by embracing marital bliss.

Earlier in September, he made the choice of settling down with his longtime sweetheart, Alba Baptista, a talented Portuguese actress. In a beautifully intimate ceremony, the couple exchanged vows in a top-secret wedding, surrounded by the scenic beauty of Cape Cod, Massachusetts. This private celebration marked a significant milestone in Chris Evans’ personal life, further bringing focus to the depth and richness of his life beyond the silver screen.

A humanitarian at heart

 

View this post on Instagram

 

A post shared by Chris Evans (@teamcevans)

Beyond the superhero cape, Evans is a multifaceted individual with a deep commitment to making a positive impact on the world.

First and foremost, he’s a staunch advocate for mental health, recognising the importance of addressing this often-overlooked aspect of well-being. His passion also extends to being a devoted pet enthusiast, sharing his life with furry companions who bring him joy. Even in the realm of politics, Chris is no mere bystander. He’s a discerning voice in a world filled with clamour, using his platform to advocate for causes close to his heart.

His life off the screen is clearly adorned with tales of genuine kindness. Chris’s philanthropic efforts are equally commendable, emphasising children’s welfare, healthcare and social justice. His support extends to organisations such as Christopher’s Haven, a charity providing shelter to families affected by cancer. He’s also been a steadfast supporter of initiatives like Feeding America, Meals on Wheels, World Central Kitchen and No Kid Hungry.

Clearly, this humanitarian, a leading figure in Hollywood and now also a family man, is leaving an indelible mark on pop culture and the world at large, continuing to explore new horizons in the entertainment business.

Frequently Asked Questions (FAQs)

– How much is Chris Evans’s net worth in 2023?
Chris Evans’ net worth in 2023 is an impressive USD 110 million.

– How much is Chris Evans’s income?
Chris Evans’ income varies from year to year and project to project. While working on Marvel films, he typically earned more than USD 30 million annually. His income per film can range from USD 10 to USD 20 million, depending on factors such as the film’s popularity and his role in it. 

(Header and feature image courtesy: Grade A Entertainment and Marvel Cinematic Universe)

The story first appeared on Lifestyle Asia Malaysia

The post Chris Evans’ Net Worth: His Career Highlights, Earnings, Expensive Assets And More appeared first on Prestige Online - HongKong.

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Chris Evans is Hollywood royalty. He’s a part of that rare breed of A-listers who’ve conquered the world with their superhero prowess on the silver screen. 

But here’s the kicker – he wasn’t born with a golden spoon in his mouth and has earned every bit of his fortune. From taking up dorky and quirky characters at the beginning of his career to donning the iconic Captain America suit in the Marvel Cinematic Universe, he’s carved his path to stardom with grit and gumption. The result? A massive fan following, global domination and a jaw-dropping net worth. Not to mention, the actor entered marital bliss recently by tying the knot with Portuguese actress Alba Baptista. 

So, as our favourite Captain America kickstarts a brand new chapter in his life, we take an extensive look at Chris Evans’ net worth, his rise to fame, unforgettable career highlights, heartwarming humanitarian efforts and the indelible mark he’s left on both the big screen and beyond.

Chris Evan’s early life and humble beginnings 

chris evans net worth
Picture Credits: Contrafilm Regency Enterprises

Chris Evans was born and raised in the lively city of Boston, Massachusetts. His father, a dentist, and mother, a theatre enthusiast, gave birth to kids who naturally took up theatre from a young age. Even as a child, Evans had a taste for the limelight and even attended an acting camp to sharpen his skills. He secured a summer internship at a casting company in New York right after high school. It was a pivotal moment in his career, setting the stage for his future endeavours. 

In 1999, his journey in Hollywood began with small roles, including in the short-lived 2000 television comedy-drama Opposite Sex and the 2000 film The Newcomers. These may have been humble beginnings, but they marked the first phase of a remarkable ascent toward stardom. 

Chris Evans’ net worth: Looking at his career highlights

With a Hollywood career spanning almost 23 years, Chris Evans has, time and again, shown his versatility as an actor, effortlessly switching from one genre to another. From charming us in romantic comedies like What’s Your Number? to giving us the chills in serious dramas like Snowpiercer and Gifted, he’s proven he can rock any role with ease. 

What’s more, he’s not just a superstar in front of the camera, he’s got skills behind it too! In 2014, Chris decided to try his hand at directing, making his directorial debut with Before We Go. He has also produced a couple of projects like the 2023 movie Ghosted and the 2020 Apple TV series Defending Jacob.

Chris Evans’ Hollywood breakthrough

chris evans net worth
Picture Credits: Marvel Cinematic Universe

Even at the beginning of his career, Chris was no stranger to playing a superhero. He had essayed the role of Johnny Storm aka The Human Torch in 2005’s Fantastic Four as well as its 2017 sequel. Unfortunately, those movies received mixed reviews from fans and critics and the franchise was eventually cancelled. Chris, however, wasn’t done being a superhero.

In 2011, Evans made an indelible mark in Hollywood after securing the role of Steve Rogers aka Captain America in the Marvel Cinematic Universe. This pivotal role was nothing short of a game-changer for Evans, catapulting him to the highest ranks in the business.

His portrayal of the iconic superhero garnered universal acclaim, creating a dedicated fan base and cementing his status as a household name. Chris breathed life into Captain America, infusing the character with depth and sincerity that resonated with audiences worldwide.

Yet, his talent doesn’t end with his superhero persona. He further showcased his versatility in 2017’s Gifted and 2019’s critically acclaimed Knives Out. With these performances, Chris demonstrated his impressive acting range and sent a clear message that he doesn’t want to be typecast. 

Chris has also been duly recognised by the industry, bagging an impressive array of awards and accolades, including honours from the Kid’s Choice Awards, MTV Movie & TV Awards and the People’s Choice Awards. His talent has not only captured our hearts but also earned him the respect of his peers and the industry at large.

His upcoming films

Chris evans net worth
Picture Credits: Netflix

Looking ahead, 2023 promises to be an exciting year for Chris thanks to a series of intriguing projects. First on the list is Red One, a much-anticipated release from Amazon Studios. In this film, Evans will share screen space with none other than Dwayne ‘The Rock’ Johnson, setting the stage for an epic cinematic showdown.

There’s also Pain Hustlers on Netflix, scheduled for release next month. Chris Evans takes centre stage in this upcoming film opposite British actress Emily Blunt.

There’s more! Rumour has it that an undisclosed Marvel project is in the works, adding an element of mystery to Even’s future films. While the details remain under wraps, fans of the MCU can undoubtedly look forward to yet another thrilling chapter in Chris Evans’ storied career.

What is Chris Evans’ net worth in 2023?

 

View this post on Instagram

 

A post shared by Chris Evans (@teamcevans)

As an A-list Hollywood celebrity, it shouldn’t surprise anyone that Chris Evans boasts an impressive net worth. As per Celebrity Net Worth, Chris Evans’ net worth, as of September 2023, is a whopping USD 110 million, placing him among the industry’s top earners.

The main share of his wealth stems from his roles in big-budget blockbuster films, solidifying his status as one of Hollywood’s highest-paid actors. During his time as the iconic Captain America in the Marvel Cinematic Universe, Chris consistently earned more than USD 30 million annually. 

When it comes to his film projects, Chris, in the recent past, has commanded a salary ranging from USD 10 to 15 million per project, depending on the film’s nature and his role. For instance, in 2015 when he did Age of Ultron, his salary reached a handsome USD 15 million. For 2018’s Infinity War, Evans retained his USD 15 million salary. However, when he did Avengers: Endgame in 2019, he further upgraded his fee to a jaw-dropping USD 20 million.

As it happens, Chris Evans isn’t just cashing in his paychecks from appearances on the silver screen. He’s also raking in substantial earnings from his stellar brand deals and endorsements. He’s been the face of Gucci’s Guilty fragrance since 2010, and in 2021, became the brand ambassador for Smart Communications, a Philippines-based company. He’s also the global brand ambassador for the smartphone brand TECNO.

Chris Evans’ luxurious home and car collection 

Beyond the glitz and glamour of Hollywood, Evans also appreciates the finer things in life. As such, it shouldn’t surprise anyone to know that he owns multiple properties across the United States. Among his notable acquisitions are a beautiful residence in Beverly Hills and an apartment in NYC. Additionally, he possesses a charming home in Massachusetts, offering a slice of tranquillity away from the bustling entertainment industry.

However, Evans’ most stunning real estate deal is his acquisition of one of Laurel Canyon’s most opulent estates in 2013. He bought this property shortly after his remarkable success in the MCU as Captain America, a role that propelled him to stardom. The price tag for this luxurious estate? A stunning USD 3.52 million.

Apart from his investments in real estate, Chris is also an avid sports car enthusiast, finding immense joy in his mean machines. His collection includes coveted names like Maserati, Rolls Royce, Mercedes AMG GT-R and the iconic Ford Mustang. 

Evans is also a connoisseur of timepieces. As an ambassador for IWC Schaffhausen, the esteemed Swiss luxury watchmaker, Chris has a deep appreciation for premium watches. Among his cherished collection is the IWC Portugieser Chronograph priced at USD 19,200, a masterpiece featuring a black-coloured dial nestled within an 18-carat gold case. 

What about his personal life? 

Picture Credits: Twitter/Chris Evans

Chris Evans, who was crowned 2022’s Sexiest Man Alive by People magazine, has ventured into a new chapter of his life at the age of 42 by embracing marital bliss.

Earlier in September, he made the choice of settling down with his longtime sweetheart, Alba Baptista, a talented Portuguese actress. In a beautifully intimate ceremony, the couple exchanged vows in a top-secret wedding, surrounded by the scenic beauty of Cape Cod, Massachusetts. This private celebration marked a significant milestone in Chris Evans’ personal life, further bringing focus to the depth and richness of his life beyond the silver screen.

A humanitarian at heart

 

View this post on Instagram

 

A post shared by Chris Evans (@teamcevans)

Beyond the superhero cape, Evans is a multifaceted individual with a deep commitment to making a positive impact on the world.

First and foremost, he’s a staunch advocate for mental health, recognising the importance of addressing this often-overlooked aspect of well-being. His passion also extends to being a devoted pet enthusiast, sharing his life with furry companions who bring him joy. Even in the realm of politics, Chris is no mere bystander. He’s a discerning voice in a world filled with clamour, using his platform to advocate for causes close to his heart.

His life off the screen is clearly adorned with tales of genuine kindness. Chris’s philanthropic efforts are equally commendable, emphasising children’s welfare, healthcare and social justice. His support extends to organisations such as Christopher’s Haven, a charity providing shelter to families affected by cancer. He’s also been a steadfast supporter of initiatives like Feeding America, Meals on Wheels, World Central Kitchen and No Kid Hungry.

Clearly, this humanitarian, a leading figure in Hollywood and now also a family man, is leaving an indelible mark on pop culture and the world at large, continuing to explore new horizons in the entertainment business.

Frequently Asked Questions (FAQs)

– How much is Chris Evans’s net worth in 2023?
Chris Evans’ net worth in 2023 is an impressive USD 110 million.

– How much is Chris Evans’s income?
Chris Evans’ income varies from year to year and project to project. While working on Marvel films, he typically earned more than USD 30 million annually. His income per film can range from USD 10 to USD 20 million, depending on factors such as the film’s popularity and his role in it. 

(Header and feature image courtesy: Grade A Entertainment and Marvel Cinematic Universe)

The story first appeared on Lifestyle Asia Malaysia

The post Chris Evans’ Net Worth: His Career Highlights, Earnings, Expensive Assets And More appeared first on Prestige Online - HongKong.

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Looking At Formula 1 Legend Lewis Hamilton’s Net Worth, Salary and All the Luxury Assets He Owns https://www.prestigeonline.com/hk/people/profiles/lewis-hamilton-net-worth-salary-fancy-cars-and-brand-deals/ Fri, 15 Sep 2023 00:00:57 +0000 https://www.prestigeonline.com/hk/?p=284796

The world of Formula 1, at present, is standing witness to the rise of several young drivers, with Red Bull Racing’s Max Verstappen and Sergio Perez leading the pack. The former has taken the motorsport world by storm in the past couple of years. However, the age-old saying ‘Class is permanent’ never gets old, and by the looks of it, neither does Lewis Hamilton, who has been the greatest ambassador of the F1 fraternity in the modern era.

Widely regarded as one of the greatest F1 drivers of all time, if not the greatest, Lewis Hamilton is the owner of several records in the motorsport world. The Briton’s most significant record will, undoubtedly, be the one he shares with former F1 driver Michael Schumacher for the highest number of World Drivers’ Championship titles. Other noteworthy records of the 38-year-old driver include the most career wins (103 races), most pole positions (104 races) and most podium finishes (195 races), among others.

Lewis Hamilton’s contribution to the world of motorsport is unparalleled. He is often considered responsible for furthering the global fan following of F1 by virtue of his exorbitant lifestyle as well as his environmental work and social activism. Time magazine named him in its list of 100 most influential people globally in 2020, and he was knighted in 2021 as a mark of tribute to his achievements both on and off the race track.

As he is currently in what can only be considered the twilight of his illustrious career, we take a look at Lewis Hamilton’s impeccable net worth, salary, all the expensive luxury assets he owns, his brand deals and more.

Deep diving into Lewis Hamilton’s net worth and salary in 2023

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

While there is no prize money on offer for winning individual Grand Prix races, F1 drivers are known to amass great wealth and make a fortune by virtue of their contracts with their respective constructor teams, making F1 one of the highest-paying sports in the world. Sure enough, the fact that a driver of Lewis Hamilton’s calibre ranks among the wealthiest sports personalities in the world comes as no surprise.

According to the latest report by Celebrity Net Worth, Lewis Hamilton, in 2023, enjoys an estimated net worth of a whopping USD 285 million. While a majority of his wealth comes from his contract with the England-based Mercedes-AMG Petronas F1 team, his varied investments and sponsorships have widely contributed to boosting his overall net worth.

What is Lewis Hamilton’s salary in 2023?

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

According to a report by Forbes, Lewis Hamilton earns USD 55 million from his current contract with Mercedes-AMG Petronas F1 team. He is second only to Max Verstappen on the list of highest-paid F1 drivers of all time. For context, Verstappen earns a jaw-dropping USD 60 million from his contract with the Red Bull Racing team.

Forbes also named Hamilton in its list of The World’s Highest-Paid Athletes in 2023, where he sits in the 21st spot. Previously in 2020, Forbes had included the Briton in its list of The World’s Highest-Paid Celebrities (Hamilton was ranked 40th on that list).

Lews Hamilton’s new worth: A look at his luxury assets

Lewis Hamilton is known for his luxury lifestyle that reeks of posterity and his glorious portfolio in terms of assets is just a reflection of the same. Here is a closer look at all the expensive luxury assets that the British F1 drivers own.

Lewis Hamilton’s real-estate properties

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

According to several reports, the Briton is the proud owner of at least four luxurious homes, ranging from a penthouse to a mansion.

Lewis Hamilton’s primary residence is considered to be his apartment in Monte Carlo, Monaco. Like many F1 drivers, Hamilton too purchased a property in Monaco in 2010. Although not officially confirmed, it is largely believed that he resides in the exclusive Fontvieille district. If speculation is to be believed, the apartment in concern is a four-bedroom duplex with a view of the Mediterranean Sea in Fontvieille’s Seaside Plaza. The apartment is rumoured to be spread over 2,000 square feet and, according to reports, cost Hamilton around USD 37.5 million back in the day.

The British driver also has an affinity towards the United States of America, particularly the east coast. To date, Lewis Hamilton has owned two properties in New York. In 2019, he spent a mammoth USD 40 million to acquire a penthouse in Manhattan which is a part of a condo project partly owned by National Football League legend Tom Brady and his wife Gisele Bundchen. The property is spread around 6,540 square feet and houses a swimming pool, a fitness centre, a squash court, a library and a wine cellar. It also offers a magnificent view of the Hudson River. His neighbours here include Academy-award-winning actress Jennifer Lawrence.

Notably, Lewis Hamilton also owned a penthouse in New York in the Tribeca Building which is home to several other celebrities including Justin Timberlake, Meg Ryan, Jake Gyllenhaal and Bella Hadid. Even though he bought the 8,900-square-foot penthouse in 2017 for a massive USD 43.9 million, Hamilton never lived in the house which had five bedrooms, six bathrooms and its own swimming pool. In December 2021, Lewis Hamilton reportedly sold his Tribeca Building property for around USD 50 million.

Despite owning multi-million-dollar properties across the globe, Lewis Hamilton found enough wealth and time to go back to his roots in England. In 2017, the Briton bought a unique six-bedroom detached villa in West London from the chief designer of Burberry, Christopher Bailey, and his husband Simon Woods. The property, which has four storeys and a garden spread over 200 feet, was built as early as 1860 by Samuel Johns. In addition, the house also has four reception rooms and two huge bathrooms. According to reports, Lewis Hamilton acquired the property for a sum of around USD 22.5 million. At present, the house’s estimated worth stands at USD 25 million.

Does Lewis Hamilton own a private jet?

Lewis Hamilton net worth
Picture Credits: Courtesy Facebook/@Lewis Hamilton

Being able to afford a private jet is not everyone’s cup of tea. However, if you are one of the wealthiest sports personalities in the world, you easily afford that luxury. Such was the case with Lewis Hamilton, who bought a Bombardier Challenger 605 in 2013 for a sum of USD 25 million.

The aircraft was capable of accommodating up to ten passengers and three crew members. Keeping in tandem with his luxury lifestyle, Hamilton ensured he had the greatest comfort on board. To that effect, the aircraft was equipped with a bathroom, a fully functional kitchen, a king-sized bed and high-speed Wi-Fi. The British driver used to travel to Grand Prix races on this aircraft.

However, in 2019, Lewis Hamilton parted with the iconic red aircraft for a meagre USD 8.9 million, as the Briton aimed to change his lifestyle to reduce his carbon footprint.

A peek into Lewis Hamilton’s garage: All the luxury cars he owns

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

Like several other motorsports drivers, Lewis Hamilton is known for being a motorhead. He has several exclusive cars in his garage, the most notable of which is a McLaren P1 which the F1 driver received exclusively from the manufacturer. The automobile is worth USD 1.2 million.

Hamilton also owns a 1967 Ford Mustang Shelby GT500, which he bought for around USD 1.3 million, and a 1966 Shelby Cobra 427, which he acquired for approximately USD 4.8 million.

In addition, Lewis Hamilton has a Mercedes-AMG Project One car in his collection worth USD 2.4 million. The Briton also sports a couple of Ferrari LaFerraris and a Mini Cooper in his car collection, among other vehicles.

Some of Lewis Hamilton’s other investments

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

Besides being a multi-millionaire, Lewis Hamilton has turned into an able entrepreneur over the course of his career. Time and again, he has ensured that his wealth is invested in meaningful ways.

Of late, the F1 driver has bought a stake in the National Football League (NFL) team Denver Broncos. He is now a part-owner of the Broncos and, according to rumours, has plans to increase his presence in several sporting leagues akin to the NFL.

Additionally, Lewis Hamilton owns a meat-free burger startup called Neat Burger. Keeping in line with the Briton’s vegan food habits, the joint specialises in vegan burgers. Hamilton also invested in a British drinks company called Green Drink alongside model Cindy Crawford.

Furthermore, Lewis Hamilton, alongside American singer Justin Timberlake, has invested in a vertical farming application called Bowery. The British F1 driver has also invested in a grocery delivery application named Zapp and has taken to his social media accounts time and again to promote the brand.

Lewis Hamilton’s Net Worth: Which brands does he endorse?

Being one of the most successful F1 drivers of all time, Lewis Hamilton acts like a magnet (a rather powerful one at that) when it comes to brand endorsements. Here’s a look at some of the major brands in his endorsement portfolio.

Mercedes-Benz

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

After his contract with the McLaren construction team ended in 2012, Lewis Hamilton joined forces with Mercedes-Benz for a contract worth USD 40 million. Besides being a driver for their motorsport team, the contract also sees the Briton act as a brand ambassador for the German manufacturer’s car models. According to a report on Formula One’s official website, Lewis Hamilton’s contract was extended in 2023 for a couple of years, ensuring that the driver gets to take home USD 147 million annually for staying with Mercedes-Benz.

Tommy Hilfiger

Lewis Hamilton signed a deal with American apparel manufacturer Tommy Hilfiger in 2018 worth USD 5.2 million. The multi-year deal sees Hamilton sport the brand’s logo on his clothes when he participates in F1 races. In addition, the Briton partnered with Tommy Hilfiger to launch his own clothing line named TOMMYXLEWIS during the New York Fashion Week in 2018 alongside models Winnie Harlow and Hailey Baldwin.

Puma

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

German athletic apparel and footwear manufacturer Puma signed a multi-year deal with Mercedes-Benz and Lewis Hamilton in 2019 worth USD 2.6 million. According to the terms of the contract, the F1 driver acts as a brand ambassador for the company and promotes its clothes.

Qualcomm

American multinational company Qualcomm, renowned for manufacturing semiconductors, software and services related to wireless technology, signed an endorsement deal with Mercedes-Benz and Lewis Hamilton in 2016 for a fee of around USD 9.8 million. Besides Hamilton acting as its brand ambassador, Qualcomm also assists Mercedes-Benz’s race engineers in analysing data.

Lewis Hamilton previously had an endorsement deal with American audio equipment manufacturing company Bose Corporation which was worth USD 3.2 million dollars. Unfortunately, the contract ran out in 2022 and was not extended thereafter.

Is Lewis Hamilton involved with works of charity?

 

View this post on Instagram

 

A post shared by Lewis Hamilton (@lewishamilton)

In addition to being a multi-millionaire, Lewis Hamilton is known to be an ardent philanthropist. All of his charitable efforts have consolidated into a single entity known as the Mission 44 Foundation. A non-profit organisation, the aim of the foundation is to offer grants and donations for various causes, such as treating physical and mental disabilities, advancements in healthcare and eradicating poverty.

Frequently Asked Questions (FAQs)

– How much is Lewis Hamilton’s net worth in 2023? 
According to reports, Lewis Hamilton’s net worth, in 2023, stands at an estimated USD 285 million.

– How much does Lewis Hamilton earn annually? 
According to a report by Forbes, Lewis Hamilton earns USD 55 million annually from his contract with the Mercedes-AMG Petronas F1 team, and another USD 10 million annually from his endorsement deals.

– What is Lewis Hamilton’s F1 ranking? 
As of September 2023, Lewis Hamilton is ranked fourth on the list of Drivers’ Rankings.

(Main and Featured Images Credits: Courtesy Instagram/@Lewis Hamilton)

This article first appeared on Augustman.

The post Looking At Formula 1 Legend Lewis Hamilton’s Net Worth, Salary and All the Luxury Assets He Owns appeared first on Prestige Online - HongKong.

]]>

The world of Formula 1, at present, is standing witness to the rise of several young drivers, with Red Bull Racing’s Max Verstappen and Sergio Perez leading the pack. The former has taken the motorsport world by storm in the past couple of years. However, the age-old saying ‘Class is permanent’ never gets old, and by the looks of it, neither does Lewis Hamilton, who has been the greatest ambassador of the F1 fraternity in the modern era.

Widely regarded as one of the greatest F1 drivers of all time, if not the greatest, Lewis Hamilton is the owner of several records in the motorsport world. The Briton’s most significant record will, undoubtedly, be the one he shares with former F1 driver Michael Schumacher for the highest number of World Drivers’ Championship titles. Other noteworthy records of the 38-year-old driver include the most career wins (103 races), most pole positions (104 races) and most podium finishes (195 races), among others.

Lewis Hamilton’s contribution to the world of motorsport is unparalleled. He is often considered responsible for furthering the global fan following of F1 by virtue of his exorbitant lifestyle as well as his environmental work and social activism. Time magazine named him in its list of 100 most influential people globally in 2020, and he was knighted in 2021 as a mark of tribute to his achievements both on and off the race track.

As he is currently in what can only be considered the twilight of his illustrious career, we take a look at Lewis Hamilton’s impeccable net worth, salary, all the expensive luxury assets he owns, his brand deals and more.

Deep diving into Lewis Hamilton’s net worth and salary in 2023

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

While there is no prize money on offer for winning individual Grand Prix races, F1 drivers are known to amass great wealth and make a fortune by virtue of their contracts with their respective constructor teams, making F1 one of the highest-paying sports in the world. Sure enough, the fact that a driver of Lewis Hamilton’s calibre ranks among the wealthiest sports personalities in the world comes as no surprise.

According to the latest report by Celebrity Net Worth, Lewis Hamilton, in 2023, enjoys an estimated net worth of a whopping USD 285 million. While a majority of his wealth comes from his contract with the England-based Mercedes-AMG Petronas F1 team, his varied investments and sponsorships have widely contributed to boosting his overall net worth.

What is Lewis Hamilton’s salary in 2023?

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

According to a report by Forbes, Lewis Hamilton earns USD 55 million from his current contract with Mercedes-AMG Petronas F1 team. He is second only to Max Verstappen on the list of highest-paid F1 drivers of all time. For context, Verstappen earns a jaw-dropping USD 60 million from his contract with the Red Bull Racing team.

Forbes also named Hamilton in its list of The World’s Highest-Paid Athletes in 2023, where he sits in the 21st spot. Previously in 2020, Forbes had included the Briton in its list of The World’s Highest-Paid Celebrities (Hamilton was ranked 40th on that list).

Lews Hamilton’s new worth: A look at his luxury assets

Lewis Hamilton is known for his luxury lifestyle that reeks of posterity and his glorious portfolio in terms of assets is just a reflection of the same. Here is a closer look at all the expensive luxury assets that the British F1 drivers own.

Lewis Hamilton’s real-estate properties

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

According to several reports, the Briton is the proud owner of at least four luxurious homes, ranging from a penthouse to a mansion.

Lewis Hamilton’s primary residence is considered to be his apartment in Monte Carlo, Monaco. Like many F1 drivers, Hamilton too purchased a property in Monaco in 2010. Although not officially confirmed, it is largely believed that he resides in the exclusive Fontvieille district. If speculation is to be believed, the apartment in concern is a four-bedroom duplex with a view of the Mediterranean Sea in Fontvieille’s Seaside Plaza. The apartment is rumoured to be spread over 2,000 square feet and, according to reports, cost Hamilton around USD 37.5 million back in the day.

The British driver also has an affinity towards the United States of America, particularly the east coast. To date, Lewis Hamilton has owned two properties in New York. In 2019, he spent a mammoth USD 40 million to acquire a penthouse in Manhattan which is a part of a condo project partly owned by National Football League legend Tom Brady and his wife Gisele Bundchen. The property is spread around 6,540 square feet and houses a swimming pool, a fitness centre, a squash court, a library and a wine cellar. It also offers a magnificent view of the Hudson River. His neighbours here include Academy-award-winning actress Jennifer Lawrence.

Notably, Lewis Hamilton also owned a penthouse in New York in the Tribeca Building which is home to several other celebrities including Justin Timberlake, Meg Ryan, Jake Gyllenhaal and Bella Hadid. Even though he bought the 8,900-square-foot penthouse in 2017 for a massive USD 43.9 million, Hamilton never lived in the house which had five bedrooms, six bathrooms and its own swimming pool. In December 2021, Lewis Hamilton reportedly sold his Tribeca Building property for around USD 50 million.

Despite owning multi-million-dollar properties across the globe, Lewis Hamilton found enough wealth and time to go back to his roots in England. In 2017, the Briton bought a unique six-bedroom detached villa in West London from the chief designer of Burberry, Christopher Bailey, and his husband Simon Woods. The property, which has four storeys and a garden spread over 200 feet, was built as early as 1860 by Samuel Johns. In addition, the house also has four reception rooms and two huge bathrooms. According to reports, Lewis Hamilton acquired the property for a sum of around USD 22.5 million. At present, the house’s estimated worth stands at USD 25 million.

Does Lewis Hamilton own a private jet?

Lewis Hamilton net worth
Picture Credits: Courtesy Facebook/@Lewis Hamilton

Being able to afford a private jet is not everyone’s cup of tea. However, if you are one of the wealthiest sports personalities in the world, you easily afford that luxury. Such was the case with Lewis Hamilton, who bought a Bombardier Challenger 605 in 2013 for a sum of USD 25 million.

The aircraft was capable of accommodating up to ten passengers and three crew members. Keeping in tandem with his luxury lifestyle, Hamilton ensured he had the greatest comfort on board. To that effect, the aircraft was equipped with a bathroom, a fully functional kitchen, a king-sized bed and high-speed Wi-Fi. The British driver used to travel to Grand Prix races on this aircraft.

However, in 2019, Lewis Hamilton parted with the iconic red aircraft for a meagre USD 8.9 million, as the Briton aimed to change his lifestyle to reduce his carbon footprint.

A peek into Lewis Hamilton’s garage: All the luxury cars he owns

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

Like several other motorsports drivers, Lewis Hamilton is known for being a motorhead. He has several exclusive cars in his garage, the most notable of which is a McLaren P1 which the F1 driver received exclusively from the manufacturer. The automobile is worth USD 1.2 million.

Hamilton also owns a 1967 Ford Mustang Shelby GT500, which he bought for around USD 1.3 million, and a 1966 Shelby Cobra 427, which he acquired for approximately USD 4.8 million.

In addition, Lewis Hamilton has a Mercedes-AMG Project One car in his collection worth USD 2.4 million. The Briton also sports a couple of Ferrari LaFerraris and a Mini Cooper in his car collection, among other vehicles.

Some of Lewis Hamilton’s other investments

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

Besides being a multi-millionaire, Lewis Hamilton has turned into an able entrepreneur over the course of his career. Time and again, he has ensured that his wealth is invested in meaningful ways.

Of late, the F1 driver has bought a stake in the National Football League (NFL) team Denver Broncos. He is now a part-owner of the Broncos and, according to rumours, has plans to increase his presence in several sporting leagues akin to the NFL.

Additionally, Lewis Hamilton owns a meat-free burger startup called Neat Burger. Keeping in line with the Briton’s vegan food habits, the joint specialises in vegan burgers. Hamilton also invested in a British drinks company called Green Drink alongside model Cindy Crawford.

Furthermore, Lewis Hamilton, alongside American singer Justin Timberlake, has invested in a vertical farming application called Bowery. The British F1 driver has also invested in a grocery delivery application named Zapp and has taken to his social media accounts time and again to promote the brand.

Lewis Hamilton’s Net Worth: Which brands does he endorse?

Being one of the most successful F1 drivers of all time, Lewis Hamilton acts like a magnet (a rather powerful one at that) when it comes to brand endorsements. Here’s a look at some of the major brands in his endorsement portfolio.

Mercedes-Benz

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

After his contract with the McLaren construction team ended in 2012, Lewis Hamilton joined forces with Mercedes-Benz for a contract worth USD 40 million. Besides being a driver for their motorsport team, the contract also sees the Briton act as a brand ambassador for the German manufacturer’s car models. According to a report on Formula One’s official website, Lewis Hamilton’s contract was extended in 2023 for a couple of years, ensuring that the driver gets to take home USD 147 million annually for staying with Mercedes-Benz.

Tommy Hilfiger

Lewis Hamilton signed a deal with American apparel manufacturer Tommy Hilfiger in 2018 worth USD 5.2 million. The multi-year deal sees Hamilton sport the brand’s logo on his clothes when he participates in F1 races. In addition, the Briton partnered with Tommy Hilfiger to launch his own clothing line named TOMMYXLEWIS during the New York Fashion Week in 2018 alongside models Winnie Harlow and Hailey Baldwin.

Puma

Lewis Hamilton net worth
Picture Credits: Courtesy Instagram/@Lewis Hamilton

German athletic apparel and footwear manufacturer Puma signed a multi-year deal with Mercedes-Benz and Lewis Hamilton in 2019 worth USD 2.6 million. According to the terms of the contract, the F1 driver acts as a brand ambassador for the company and promotes its clothes.

Qualcomm

American multinational company Qualcomm, renowned for manufacturing semiconductors, software and services related to wireless technology, signed an endorsement deal with Mercedes-Benz and Lewis Hamilton in 2016 for a fee of around USD 9.8 million. Besides Hamilton acting as its brand ambassador, Qualcomm also assists Mercedes-Benz’s race engineers in analysing data.

Lewis Hamilton previously had an endorsement deal with American audio equipment manufacturing company Bose Corporation which was worth USD 3.2 million dollars. Unfortunately, the contract ran out in 2022 and was not extended thereafter.

Is Lewis Hamilton involved with works of charity?

 

View this post on Instagram

 

A post shared by Lewis Hamilton (@lewishamilton)

In addition to being a multi-millionaire, Lewis Hamilton is known to be an ardent philanthropist. All of his charitable efforts have consolidated into a single entity known as the Mission 44 Foundation. A non-profit organisation, the aim of the foundation is to offer grants and donations for various causes, such as treating physical and mental disabilities, advancements in healthcare and eradicating poverty.

Frequently Asked Questions (FAQs)

– How much is Lewis Hamilton’s net worth in 2023? 
According to reports, Lewis Hamilton’s net worth, in 2023, stands at an estimated USD 285 million.

– How much does Lewis Hamilton earn annually? 
According to a report by Forbes, Lewis Hamilton earns USD 55 million annually from his contract with the Mercedes-AMG Petronas F1 team, and another USD 10 million annually from his endorsement deals.

– What is Lewis Hamilton’s F1 ranking? 
As of September 2023, Lewis Hamilton is ranked fourth on the list of Drivers’ Rankings.

(Main and Featured Images Credits: Courtesy Instagram/@Lewis Hamilton)

This article first appeared on Augustman.

The post Looking At Formula 1 Legend Lewis Hamilton’s Net Worth, Salary and All the Luxury Assets He Owns appeared first on Prestige Online - HongKong.

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Connectivity, Personalisation, Sustainability: UOB’s Chew Mun Yew and Christine Ip Shed Light on Bank’s Refreshed Purpose https://www.prestigeonline.com/hk/lifestyle/connectivity-personalisation-sustainability-uobs-chew-mun-yew-and-christine-ip-shed-light-on-banks-refreshed-purpose/ Thu, 14 Sep 2023 10:04:05 +0000 https://www.prestigeonline.com/hk/?p=283917

UOB’s Head of Private Wealth Chew Mun Yew and CEO – Greater China Christine Ip weigh in on what the bank’s refreshed purpose and branding mean for individual customers, businesses and the community at large.

With a strong foothold across Greater China and ASEAN, UOB is the trusted financial partner and confidante for individuals, intergenerational families and businesses big and small alike in the region. With an absolute dedication to its clients, the recent UOB Private Bank’s brand refresh is a commitment and reflection of the sharpened purpose and ambition of playing a key role in the stewardship of Asian wealth and generational success. This strategic move comes as Asia’s next-generation entrepreneurs, rising personal wealth and investments flows continue to drive demand for wealth services in Greater China and ASEAN

The strategy is, put simply, to do right by its stakeholders – encompassing not only its customers, but also colleagues and the community at large. It plans to do so with a focus on three strategic areas: connectivity, personalisation and sustainability.

Connectivity

UOB’s approach to connectivity comprises breadth and depth in equal measure. One of the initiatives, is supporting its customers to seize fruitful regional opportunities. “As companies reconfigure their supply chains to re-shore and to onshore their businesses, UOB, with our extensive regional footprint, is well-placed to help link them to opportunities in Greater China and ASEAN,” says Christine Ip, CEO – Greater China.

“We’ve seen an increase in regional business activities, with our wholesale banking teams supporting many clients. On a more specific note, thanks to our sector specialisation and ground expertise, we’ve been able to support customers in making green transitions, with the global trend towards sustainability across the supply chain. We’ve also invested in ways to support clients doing cross-border business, and expanding into new markets, and are seeing the fruits of those labours come to life: our cross-border income rose 12 percent in 2022, accounting for a third of our wholesale banking income. And our transaction banking business has expanded significantly, contributing 35 percent to wholesale banking income.”

Alongside this facilitation of growth, UOB also helps to foster a different kind of connectivity for its clients. “Providing customers with digital solutions to grow is of paramount importance,” says Ip. “The long-drawn-out pandemic has accelerated digital adoption for everyone, from big corporates to individuals. Our approach to digitalisation has always been anchored by our omni-channel strategy. Customers can access banking anytime, anywhere through our digital platforms.

Ip adds, “Driven by the young generation, the rise in the middle class and rapid digitalisation in the region, we anticipate the need for more advanced digital solutions to support our clients. Coupled with the accelerated use of AI technology and data, clients are also looking for more personalised interactions and engagements, customised to their unique lifestyle needs and preferences, and life stages.”

Personalisation

Enter the second strategic focus: personalisation, which is a 360-degree approach that encompasses not only the in-person interaction that’s both necessary and appreciated in a banking relationship, but also an analytical and data-driven aspect which hones and colours the precise advice given to each individual and organisation.

“Harnessing the power of AI or drawing insights from data will be the future of investment advisory as it allows the business to better understand the client’s investment behaviour and risk appetite,” says Chew Mun Yew, UOB’s Head of Private Wealth. “This will augment the advisor’s capabilities and know-hows, enabling them to be more personalised and effective in client engagement.”

Chew also highlights the bank’s move to combine its private bank and privilege reserve businesses at the end of 2021. “This gives UOB Private Bank heightened scale and resources to accelerate product and solution innovation and rollout. Our bench strength had around 200 bankers in 2021 and is expected to reach more than 350 by the end of 2023.”

UOB clients have benefitted from personalised advice from dedicated relationship managers (RMs), who work closely with clients to understand their expectations and develop customised investment strategies that meet their financial goals and needs. In 2022, UOB implemented a proprietary analytics model, which considers factors including customers’ personal preferences and personality traits, such as investment and language preferences, to identify the most suitable relationship manager for each customer.

“We also have onshore presence in most of the markets we operate in, which took years of extensive business building and is now an advantage that many other players envy. This provides our clients quick access and more personal face-to-face interactions with our RMs, which is particularly crucial especially for the high-value and sensitive wealth management conversations.”

UOB Head of Private Wealth Chew Mun Yew

Sustainability

These conversations often dovetail with the bank’s third strategic prong: sustainability, interpreted once again through a multi-faceted lens. Intergenerational wealth transfer is one of the region’s most pressing topics, with “no fixed destination or timeframe,” notes Chew. “It’s a long and continuous journey where proactiveness and partnering with a trusted wealth manager like UOB Private Bank will go a long way.

UOB Private Bank has been advising ultra-high-net-worth (UHNW) Asian families for generations.  With a strong Asian presence and dedicated team of wealth planning and investment specialists, coupled with expertise in retail, wholesale, investment, and foreign direct investment advisory and solutions, we are able to tailor a wealth transfer plan that is fit-for-purpose for Asian UHNW families.

“As a third generation owned and managed bank, we understand the spirit of entrepreneurship and the importance of wealth preservation and growth for the long term: Seeing beyond the immediate, with a vision to move forward,” Chew says.

Sustainability, naturally, also covers advisory on environmental, social and governance (ESG) matters. Ip notes “these [matters have] become more important for investors. Many investors are now looking for companies that prioritise sustainability factors, believing these will be better positioned to weather future crises.

“Our Private Bank’s investment and research processes also incorporate ESG considerations into stock, bond, fund and ETF recommendations. We maintain a list of ESG ratings and considerations for all our asset classes and products, enabling customers to construct ESG focused portfolios. As part of our Discretionary Portfolio Management (DPM) solution, we also offer customised ESG portfolios for customers. We also work closely with our clients to help their businesses advance responsibly and positively impact the environment and foster social inclusiveness alongside economic progress.”

With its reinforcement on its commitment to the community and the world, UOB has laid out a comprehensive roadmap for the Bank
to reach net zero carbon emissions by 2050. “As a start, our plans cover six sectors: power, automotive, oil and gas, real estate, construction and steel, which make up 60 percent of our corporate lending portfolio. We want to be a responsible financial steward to help individuals, companies and communities build the future
of ASEAN: for the people and businesses within, and connecting with, ASEAN,” says Chew.

UOB’s net-zero commitment forms an important part of the Bank’s sharpened purpose. In the pursuit of decarbonisation, UOB has to be mindful that the economies across the region are diverse, each with their own economic, social and cultural needs. Adopting a “One Bank” approach, UOB helps its customers and communities to transition in a just and orderly manner so that lives and livelihoods can continue to improve.

The post Connectivity, Personalisation, Sustainability: UOB’s Chew Mun Yew and Christine Ip Shed Light on Bank’s Refreshed Purpose appeared first on Prestige Online - HongKong.

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UOB’s Head of Private Wealth Chew Mun Yew and CEO – Greater China Christine Ip weigh in on what the bank’s refreshed purpose and branding mean for individual customers, businesses and the community at large.

With a strong foothold across Greater China and ASEAN, UOB is the trusted financial partner and confidante for individuals, intergenerational families and businesses big and small alike in the region. With an absolute dedication to its clients, the recent UOB Private Bank’s brand refresh is a commitment and reflection of the sharpened purpose and ambition of playing a key role in the stewardship of Asian wealth and generational success. This strategic move comes as Asia’s next-generation entrepreneurs, rising personal wealth and investments flows continue to drive demand for wealth services in Greater China and ASEAN

The strategy is, put simply, to do right by its stakeholders – encompassing not only its customers, but also colleagues and the community at large. It plans to do so with a focus on three strategic areas: connectivity, personalisation and sustainability.

Connectivity

UOB’s approach to connectivity comprises breadth and depth in equal measure. One of the initiatives, is supporting its customers to seize fruitful regional opportunities. “As companies reconfigure their supply chains to re-shore and to onshore their businesses, UOB, with our extensive regional footprint, is well-placed to help link them to opportunities in Greater China and ASEAN,” says Christine Ip, CEO – Greater China.

“We’ve seen an increase in regional business activities, with our wholesale banking teams supporting many clients. On a more specific note, thanks to our sector specialisation and ground expertise, we’ve been able to support customers in making green transitions, with the global trend towards sustainability across the supply chain. We’ve also invested in ways to support clients doing cross-border business, and expanding into new markets, and are seeing the fruits of those labours come to life: our cross-border income rose 12 percent in 2022, accounting for a third of our wholesale banking income. And our transaction banking business has expanded significantly, contributing 35 percent to wholesale banking income.”

Alongside this facilitation of growth, UOB also helps to foster a different kind of connectivity for its clients. “Providing customers with digital solutions to grow is of paramount importance,” says Ip. “The long-drawn-out pandemic has accelerated digital adoption for everyone, from big corporates to individuals. Our approach to digitalisation has always been anchored by our omni-channel strategy. Customers can access banking anytime, anywhere through our digital platforms.

Ip adds, “Driven by the young generation, the rise in the middle class and rapid digitalisation in the region, we anticipate the need for more advanced digital solutions to support our clients. Coupled with the accelerated use of AI technology and data, clients are also looking for more personalised interactions and engagements, customised to their unique lifestyle needs and preferences, and life stages.”

Personalisation

Enter the second strategic focus: personalisation, which is a 360-degree approach that encompasses not only the in-person interaction that’s both necessary and appreciated in a banking relationship, but also an analytical and data-driven aspect which hones and colours the precise advice given to each individual and organisation.

“Harnessing the power of AI or drawing insights from data will be the future of investment advisory as it allows the business to better understand the client’s investment behaviour and risk appetite,” says Chew Mun Yew, UOB’s Head of Private Wealth. “This will augment the advisor’s capabilities and know-hows, enabling them to be more personalised and effective in client engagement.”

Chew also highlights the bank’s move to combine its private bank and privilege reserve businesses at the end of 2021. “This gives UOB Private Bank heightened scale and resources to accelerate product and solution innovation and rollout. Our bench strength had around 200 bankers in 2021 and is expected to reach more than 350 by the end of 2023.”

UOB clients have benefitted from personalised advice from dedicated relationship managers (RMs), who work closely with clients to understand their expectations and develop customised investment strategies that meet their financial goals and needs. In 2022, UOB implemented a proprietary analytics model, which considers factors including customers’ personal preferences and personality traits, such as investment and language preferences, to identify the most suitable relationship manager for each customer.

“We also have onshore presence in most of the markets we operate in, which took years of extensive business building and is now an advantage that many other players envy. This provides our clients quick access and more personal face-to-face interactions with our RMs, which is particularly crucial especially for the high-value and sensitive wealth management conversations.”

UOB Head of Private Wealth Chew Mun Yew

Sustainability

These conversations often dovetail with the bank’s third strategic prong: sustainability, interpreted once again through a multi-faceted lens. Intergenerational wealth transfer is one of the region’s most pressing topics, with “no fixed destination or timeframe,” notes Chew. “It’s a long and continuous journey where proactiveness and partnering with a trusted wealth manager like UOB Private Bank will go a long way.

UOB Private Bank has been advising ultra-high-net-worth (UHNW) Asian families for generations.  With a strong Asian presence and dedicated team of wealth planning and investment specialists, coupled with expertise in retail, wholesale, investment, and foreign direct investment advisory and solutions, we are able to tailor a wealth transfer plan that is fit-for-purpose for Asian UHNW families.

“As a third generation owned and managed bank, we understand the spirit of entrepreneurship and the importance of wealth preservation and growth for the long term: Seeing beyond the immediate, with a vision to move forward,” Chew says.

Sustainability, naturally, also covers advisory on environmental, social and governance (ESG) matters. Ip notes “these [matters have] become more important for investors. Many investors are now looking for companies that prioritise sustainability factors, believing these will be better positioned to weather future crises.

“Our Private Bank’s investment and research processes also incorporate ESG considerations into stock, bond, fund and ETF recommendations. We maintain a list of ESG ratings and considerations for all our asset classes and products, enabling customers to construct ESG focused portfolios. As part of our Discretionary Portfolio Management (DPM) solution, we also offer customised ESG portfolios for customers. We also work closely with our clients to help their businesses advance responsibly and positively impact the environment and foster social inclusiveness alongside economic progress.”

With its reinforcement on its commitment to the community and the world, UOB has laid out a comprehensive roadmap for the Bank
to reach net zero carbon emissions by 2050. “As a start, our plans cover six sectors: power, automotive, oil and gas, real estate, construction and steel, which make up 60 percent of our corporate lending portfolio. We want to be a responsible financial steward to help individuals, companies and communities build the future
of ASEAN: for the people and businesses within, and connecting with, ASEAN,” says Chew.

UOB’s net-zero commitment forms an important part of the Bank’s sharpened purpose. In the pursuit of decarbonisation, UOB has to be mindful that the economies across the region are diverse, each with their own economic, social and cultural needs. Adopting a “One Bank” approach, UOB helps its customers and communities to transition in a just and orderly manner so that lives and livelihoods can continue to improve.

The post Connectivity, Personalisation, Sustainability: UOB’s Chew Mun Yew and Christine Ip Shed Light on Bank’s Refreshed Purpose appeared first on Prestige Online - HongKong.

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Michael Jordan Is Now Officially the Wealthiest NBA Player in the World https://www.prestigeonline.com/hk/lifestyle/wealth-management/michael-jordan-is-the-richest-basketball-player-in-the-world/ Sun, 10 Sep 2023 00:23:00 +0000 https://www.prestigeonline.com/hk/?p=283697

Widely-accepted as the greatest NBA player of all time, Michael Jordan is now also the wealthiest. The athlete has an estimated net worth of $3.5 billion, making him the wealthiest basketball player of all time.

At 60 years old, Michael Jordan now boasts a greater fortune than when he was an active player of the American National Basketball Association (NBA). The recent increase in his net worth comes as he sold the majority of his stake in the Charlotte Hornets team, keeping only less than 5% stake from the 65% he held onto since 2010.

michael jordan wealthiest player
Image credit: NBA

Another prominent source of income for Michael Jordan is his partnership with Nike. With some models ranked as some of the most expensive sneakers in the world, Air Jordans had $5.1 billion in revenue in 2022, which accounts for almost 11% of Nike’s total sales. There’s no official statement as to how much Jordan makes from these sales, but Bloomberg estimates it to be about 5% for the royalty.

Image credit: Nike

While those two are the main sources of income in his current days, the legendary hooper also made a huge fortune during his NBA days. Jordan’s career with the Chicago Bulls and Washington Wizards earned him more than $90 million. The New York Times once reported in 1991 that the figure brought in $15-$20 million annually from all of his endorsements.

Altogether, the star is now worth $3.5 billion and is the wealthiest basketball player in the world.

[Hero and featured image credit: NBA]

This story first appeared in Prestige Online Singapore.

The post Michael Jordan Is Now Officially the Wealthiest NBA Player in the World appeared first on Prestige Online - HongKong.

]]>

Widely-accepted as the greatest NBA player of all time, Michael Jordan is now also the wealthiest. The athlete has an estimated net worth of $3.5 billion, making him the wealthiest basketball player of all time.

At 60 years old, Michael Jordan now boasts a greater fortune than when he was an active player of the American National Basketball Association (NBA). The recent increase in his net worth comes as he sold the majority of his stake in the Charlotte Hornets team, keeping only less than 5% stake from the 65% he held onto since 2010.

michael jordan wealthiest player
Image credit: NBA

Another prominent source of income for Michael Jordan is his partnership with Nike. With some models ranked as some of the most expensive sneakers in the world, Air Jordans had $5.1 billion in revenue in 2022, which accounts for almost 11% of Nike’s total sales. There’s no official statement as to how much Jordan makes from these sales, but Bloomberg estimates it to be about 5% for the royalty.

Image credit: Nike

While those two are the main sources of income in his current days, the legendary hooper also made a huge fortune during his NBA days. Jordan’s career with the Chicago Bulls and Washington Wizards earned him more than $90 million. The New York Times once reported in 1991 that the figure brought in $15-$20 million annually from all of his endorsements.

Altogether, the star is now worth $3.5 billion and is the wealthiest basketball player in the world.

[Hero and featured image credit: NBA]

This story first appeared in Prestige Online Singapore.

The post Michael Jordan Is Now Officially the Wealthiest NBA Player in the World appeared first on Prestige Online - HongKong.

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Meta Co-Founder Eduardo Saverin is Now Singapore’s Richest Person, According to Forbes https://www.prestigeonline.com/hk/lifestyle/wealth-management/forbes-singapore-richest-people-eduardo-saverin-tops-list/ Fri, 08 Sep 2023 04:22:36 +0000 https://www.prestigeonline.com/hk/?p=284019

Forbes unveiled its 2023 list of Singapore’s top 50 richest people on September 7, and Meta Platforms co-founder Eduardo Saverin leads the pack with a staggering net worth of USD 16 billion.

The Brazilian tycoon, who became a Singapore resident over a decade ago, is also the biggest gainer this year with an increase of $6.4 billion — thanks to a surge of almost 70 percent in Meta‘s shares. In 2022, he ranked fourth on the Singapore’s 50 Richest list.

forbes eduardo saverin
Eduardo Saverin is now the richest man in Singapore. (Image: Eduardo Saverin/ Facebook)

2023 Forbes Singapore’s 50 Richest list: Apart from Eduardo Saverin, which other billionaires made the cut?

Saverin’s ascent to the top has unseated last year’s No. 1, Li Xiting, chairman of Shenzhen Mindray Bio-Medical Electronics, who is now in third place. The latter’s decline in wealth — from $15.6 billion to $14 billion — has been attributed to China’s implementation of anti-corruption measures against the pharma sector, which adversely affected healthcare stocks.

Coming in second are brothers Robert and Philip Ng of Far East Organization with $14.8 billion — a slight drop from their net worth of $15.2 billion last year. Ranking fourth is Nippon Paint billionaire Goh Cheng Liang (whose assets decreased from $13 billion to $12.3 billion), while real estate magnate Kwek Leng Beng rounds off the top five with a net worth of $11 billion — up 18 percent from $9.3 billion in 2022. Kwek’s listed City Developments is reportedly on the lookout for global acquisitions and recently purchased St Katharine Docks in central London for $500 million in March.

forbes singapore eduardo saverin
From left to right: Li Xiting (No. 3), Goh Cheng Liang (No. 4) and Kwek Leng Beng (No. 5) are in the top five of the 2023 Forbes list of Singapore’s 50 richest people. (Images: Chen Wen/ China News Service via Getty Images; Prestige Online; Mike Pont/ WireImage)

Tycoons’ total wealth climbs to USD 177 billion

According to Forbes, the combined fortune of the billionaires on its Singapore’s 50 Richest list now comes up to $177 billion, an increase of 8 percent from last year’s $164 billion. The net worth of more than half of the people on the list has grown this year, with six of them seeing a boost of more than $1 billion each.

Among this group are the Lee family (No. 11) of OCBC and the Lien family (No. 15), a stakeholder in United Overseas Bank. Both families have been identified as the biggest gainers in terms of percentage — the Lees’ net worth more than doubled to $5.1 billion from their previous $2.2 billion, and the Liens’ assets shot up to $2.8 billion from $1.55 billion.

New entries and exclusions on the Singapore’s 50 Richest list by Forbes

There are three newcomers on Forbes list of Singapore’s 50 Richest people for 2023, two of whom are China-born entrepreneurs. Liang Xinjun, the co-founder of Chinese multinational conglomerate Fosun International and head honcho of his family office XIN Family, joins the coveted ranks at No. 22 with $2.15 billion; while David Xueling Li, co-founder and chairman of Nasdaq-listed and Singapore-headquartered live streaming platform JOYY, stands at 47th place with $880 million. Singaporean Lim Kaling, an early investor in gaming firm Razer, debuts at No. 48 with a wealth of $875 million.

Three names have been left out on this year’s list. These include David Chen, co-founder of gaming and e-commerce company Sea, whose shares took a hit with unsatisfactory second-quarter results.

Singapore’s 50 richest on Forbes 2023 list

1) Eduardo Saverin — USD 16 billion
2) Robert & Philip Ng — USD 14.8 billion
3) Li Xiting — USD 14 billion
4) Goh Cheng Liang — USD 12.3 billion
5) Kwek Leng Beng — USD 11 billion
6) Zhang Yong & Shu Ping — USD 9.7 billion
7) Khoo family — USD 8.5 billion
8) Wee Cho Yaw — USD 7.1 billion
9) Leo Koguan — USD 6.5 billion
10) Kwee brothers — USD 6.3 billion
11) Lee family — USD 5.1 billion
12) Kuok Khoon Hong — USD 4 billion
13) Raj Kumar & Kishin RK — USD 3 billion
14) Richard Chandler — USD 2.9 billion
15) Lien family — USD 2.8 billion
16) Robert Friedland — USD 2.7 billion
17) Choo Chong Ngen — USD 2.6 billion
18) Forrest Li — USD 2.4 billion
19) Sam Goi — USD 2.35 billion
20) Arvind Tiku — USD 2.3 billion
21) Ho family — USD 2.2 billion
22) Liang Xinjun — USD 2.15 billion
23) Peter Lim — USD 2 billion
24) Oei Hong Leong — USD 1.9 billion
25) Gang Ye — USD 1.8 billion
26) Ong Beng Seng & Christina Ong — USD 1.7 billion
27) Asok Kumar Hiranandani — USD 1.65 billion
28) Koh Wee Meng — USD 1.6 billion
29) Ron Sim — USD 1.55 billion
30) Tay family — USD 1.5 billion
31) Binny Bansal — USD 1.45 billion
32) Tang Wee Kit — USD 1.4 billion
33) Chew Gek Khim — USD 1.35 billion
34) Lim Hock Chee — USD 1.33 billion
35) Wong brothers — USD 1.3 billion
36) Min-Liang Tan — USD 1.25 billion
37) Chua Thian Poh — USD 1.2 billion
38) Peter Fu Chong Cheng — USD 1.18 billion
39) Yao Hsiao Tung — USD 1.15 billion
40) Zhong Sheng Jian — USD 1.13 billion
41) Muhammed Aziz Khan — USD 1.12 billion
42) John Lim — USD 1.1 billion
43) Michael Kum — USD 1.05 billion
44) Loo Choon Yong  — USD 1 billion
45) Lim Chap Huat — USD 995 million
46) Saurabh Mittal — USD 900 million
47) David Xueling Li — USD 880 million
48) Lim Kaling — USD 875 million
49) Gordon & Celine Tang — USD 790 million
50) Laurent Junique — USD 750 million

More details here

(Main image: Roslan Rahman/ AFP; Featured image: Eduardo Saverin/ Facebook)

The post Meta Co-Founder Eduardo Saverin is Now Singapore’s Richest Person, According to Forbes appeared first on Prestige Online - HongKong.

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Forbes unveiled its 2023 list of Singapore’s top 50 richest people on September 7, and Meta Platforms co-founder Eduardo Saverin leads the pack with a staggering net worth of USD 16 billion.

The Brazilian tycoon, who became a Singapore resident over a decade ago, is also the biggest gainer this year with an increase of $6.4 billion — thanks to a surge of almost 70 percent in Meta‘s shares. In 2022, he ranked fourth on the Singapore’s 50 Richest list.

forbes eduardo saverin
Eduardo Saverin is now the richest man in Singapore. (Image: Eduardo Saverin/ Facebook)

2023 Forbes Singapore’s 50 Richest list: Apart from Eduardo Saverin, which other billionaires made the cut?

Saverin’s ascent to the top has unseated last year’s No. 1, Li Xiting, chairman of Shenzhen Mindray Bio-Medical Electronics, who is now in third place. The latter’s decline in wealth — from $15.6 billion to $14 billion — has been attributed to China’s implementation of anti-corruption measures against the pharma sector, which adversely affected healthcare stocks.

Coming in second are brothers Robert and Philip Ng of Far East Organization with $14.8 billion — a slight drop from their net worth of $15.2 billion last year. Ranking fourth is Nippon Paint billionaire Goh Cheng Liang (whose assets decreased from $13 billion to $12.3 billion), while real estate magnate Kwek Leng Beng rounds off the top five with a net worth of $11 billion — up 18 percent from $9.3 billion in 2022. Kwek’s listed City Developments is reportedly on the lookout for global acquisitions and recently purchased St Katharine Docks in central London for $500 million in March.

forbes singapore eduardo saverin
From left to right: Li Xiting (No. 3), Goh Cheng Liang (No. 4) and Kwek Leng Beng (No. 5) are in the top five of the 2023 Forbes list of Singapore’s 50 richest people. (Images: Chen Wen/ China News Service via Getty Images; Prestige Online; Mike Pont/ WireImage)

Tycoons’ total wealth climbs to USD 177 billion

According to Forbes, the combined fortune of the billionaires on its Singapore’s 50 Richest list now comes up to $177 billion, an increase of 8 percent from last year’s $164 billion. The net worth of more than half of the people on the list has grown this year, with six of them seeing a boost of more than $1 billion each.

Among this group are the Lee family (No. 11) of OCBC and the Lien family (No. 15), a stakeholder in United Overseas Bank. Both families have been identified as the biggest gainers in terms of percentage — the Lees’ net worth more than doubled to $5.1 billion from their previous $2.2 billion, and the Liens’ assets shot up to $2.8 billion from $1.55 billion.

New entries and exclusions on the Singapore’s 50 Richest list by Forbes

There are three newcomers on Forbes list of Singapore’s 50 Richest people for 2023, two of whom are China-born entrepreneurs. Liang Xinjun, the co-founder of Chinese multinational conglomerate Fosun International and head honcho of his family office XIN Family, joins the coveted ranks at No. 22 with $2.15 billion; while David Xueling Li, co-founder and chairman of Nasdaq-listed and Singapore-headquartered live streaming platform JOYY, stands at 47th place with $880 million. Singaporean Lim Kaling, an early investor in gaming firm Razer, debuts at No. 48 with a wealth of $875 million.

Three names have been left out on this year’s list. These include David Chen, co-founder of gaming and e-commerce company Sea, whose shares took a hit with unsatisfactory second-quarter results.

Singapore’s 50 richest on Forbes 2023 list

1) Eduardo Saverin — USD 16 billion
2) Robert & Philip Ng — USD 14.8 billion
3) Li Xiting — USD 14 billion
4) Goh Cheng Liang — USD 12.3 billion
5) Kwek Leng Beng — USD 11 billion
6) Zhang Yong & Shu Ping — USD 9.7 billion
7) Khoo family — USD 8.5 billion
8) Wee Cho Yaw — USD 7.1 billion
9) Leo Koguan — USD 6.5 billion
10) Kwee brothers — USD 6.3 billion
11) Lee family — USD 5.1 billion
12) Kuok Khoon Hong — USD 4 billion
13) Raj Kumar & Kishin RK — USD 3 billion
14) Richard Chandler — USD 2.9 billion
15) Lien family — USD 2.8 billion
16) Robert Friedland — USD 2.7 billion
17) Choo Chong Ngen — USD 2.6 billion
18) Forrest Li — USD 2.4 billion
19) Sam Goi — USD 2.35 billion
20) Arvind Tiku — USD 2.3 billion
21) Ho family — USD 2.2 billion
22) Liang Xinjun — USD 2.15 billion
23) Peter Lim — USD 2 billion
24) Oei Hong Leong — USD 1.9 billion
25) Gang Ye — USD 1.8 billion
26) Ong Beng Seng & Christina Ong — USD 1.7 billion
27) Asok Kumar Hiranandani — USD 1.65 billion
28) Koh Wee Meng — USD 1.6 billion
29) Ron Sim — USD 1.55 billion
30) Tay family — USD 1.5 billion
31) Binny Bansal — USD 1.45 billion
32) Tang Wee Kit — USD 1.4 billion
33) Chew Gek Khim — USD 1.35 billion
34) Lim Hock Chee — USD 1.33 billion
35) Wong brothers — USD 1.3 billion
36) Min-Liang Tan — USD 1.25 billion
37) Chua Thian Poh — USD 1.2 billion
38) Peter Fu Chong Cheng — USD 1.18 billion
39) Yao Hsiao Tung — USD 1.15 billion
40) Zhong Sheng Jian — USD 1.13 billion
41) Muhammed Aziz Khan — USD 1.12 billion
42) John Lim — USD 1.1 billion
43) Michael Kum — USD 1.05 billion
44) Loo Choon Yong  — USD 1 billion
45) Lim Chap Huat — USD 995 million
46) Saurabh Mittal — USD 900 million
47) David Xueling Li — USD 880 million
48) Lim Kaling — USD 875 million
49) Gordon & Celine Tang — USD 790 million
50) Laurent Junique — USD 750 million

More details here

(Main image: Roslan Rahman/ AFP; Featured image: Eduardo Saverin/ Facebook)

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These Most Expensive Dollhouses are What Barbie’s Dreams are Made of https://www.prestigeonline.com/hk/lifestyle/wealth-management/most-expensive-dollhouses-barbies-dreams-are-made-of/ Sat, 19 Aug 2023 03:17:40 +0000 https://www.prestigeonline.com/hk/?p=280880

While many may assume that dollhouses are only made for children, these expensive dollhouses in their most original forms require high attention to detail and come at a staggering price.

Barbie houses are not what you will see here. The original dollhouses came into existence in the 1500s, used as representations of royal courts, palaces, and manors. They’re built and decorated with valuable materials and precise design. Far from being just toys for children, these most expensive dollhouses are representative pieces of wealth.

Some of the Most Expensive Dollhouses in the World

Japanese Dollhouse

Huguette Clark, daughter of an American senator and industrialist William A. Clark, commissioned craftsmen for this expensive dollhouse in the early 1900s. Among the valuable toys and dolls she owned, this special Japanese dollhouse had to gain permission from the Japanese government to use the imperial-building-grade cedar in this model.

Price: $80,000

English Gothic House

Peter Riches, owner of a construction company, took 15 years to complete this Victorian-style mansion. After years of delicately building it piece by piece, the artwork was finally completed with 23 rooms, a servant quarter, game room, a grand piano, a pool table, and a library room. The house was later sold to a Canadian dollhouse enthusiast.

Price: $82,000

Titania’s Palace

Image credit: Egeskov Castle

It is said that Sir Nevile Wilkinson designed Titania’s Palace for his daughter, Guendolen, who wanted to give fairies a home. The dollhouse is more like a palace, comprising of 18 rooms and over 3,000 miniature works. It was bought by Legoland in Denmark in 1978 and is now placed at Egeskov Castle.

Price: $256,500

Chicago’s Fairy Castle

Image credit: Museum of Science and Industry Chicago

Chicago’s Fairy Castle is an iconic dollhouse that took seven years and over 700 craftsmen to complete. One of the participants is Walt Disney, who took part in painting the murals on the wall. Antique Chinese royal jade and quartz, as well as gold and diamond chandeliers, decorate the house. There are paintings of fairy tale scenes from Cinderella and Snow White & the Dwarfs all around. These days, Chicago’s Fairy Castle is on show at the Museum of Science and Industry in Chicago.

Price: $500,000

The Stettheimer Dollhouse

Image credit: Museum of the City of New York

The Stettheimer Dollhouse was created by one of the Stettheimer sisters, Carrie, over the course of 25 years. The sisters were friends with some of the well-known artists in the Jazz Age, like Louis Bouché, Gaston Lachaise, and William Zorach, who contributed by adding small details to the house. It was a reflection of the Stettheimers’ fashionable apartment, now on show at the Museum of the City of New York.

Price: $1 Million

The Astolat Dollhouse

Image credit: The Astolat Dollhouse

The Astolat Dollhouse is considered by some as the most expensive dollhouse in the world. It was built by Elaine Diehl between 1974-1987, consisting of over 100,000 handcrafted pieces. The dollhouse has a very realistic look, given that the artist used a 1:1 scale. Inside, it is filled with gold chandeliers, oil paintings, a library, a wine cellar, a fireplace, and a lighting system to light up the whole house. The house is now owned by Dr. Michael Freeman and his wife Lois, now on show at Nassau County Museum of Art in Long Island, New York.

Price: $1.1 Million

Queen Mary’s Dollhouse

Image credit: Royal Collection Trust

Princess Marie Louise and Sir Edwin Lutyens gifted this dollhouse to Queen Mary for her dedication in World War I. It was a portrayal of how the aristocratic homes must have been like at that time. The details include copies from famous companies, like Coleman’s Mustard, Cadbury chocolates, a Cartier clock, Rolls-Royce cars, a bottle of Chateau Lafitte 1875, famous paintings, and more. The dollhouse is now on show at Windsor Castle in England.

Price: invaluable

[Hero image credit: The Astolat Dollhouse; featured image credit: Royal Collection Trust]

This story first appeared in Prestige Online Thailand.

 

 

The post These Most Expensive Dollhouses are What Barbie’s Dreams are Made of appeared first on Prestige Online - HongKong.

]]>

While many may assume that dollhouses are only made for children, these expensive dollhouses in their most original forms require high attention to detail and come at a staggering price.

Barbie houses are not what you will see here. The original dollhouses came into existence in the 1500s, used as representations of royal courts, palaces, and manors. They’re built and decorated with valuable materials and precise design. Far from being just toys for children, these most expensive dollhouses are representative pieces of wealth.

Some of the Most Expensive Dollhouses in the World

Japanese Dollhouse

Huguette Clark, daughter of an American senator and industrialist William A. Clark, commissioned craftsmen for this expensive dollhouse in the early 1900s. Among the valuable toys and dolls she owned, this special Japanese dollhouse had to gain permission from the Japanese government to use the imperial-building-grade cedar in this model.

Price: $80,000

English Gothic House

Peter Riches, owner of a construction company, took 15 years to complete this Victorian-style mansion. After years of delicately building it piece by piece, the artwork was finally completed with 23 rooms, a servant quarter, game room, a grand piano, a pool table, and a library room. The house was later sold to a Canadian dollhouse enthusiast.

Price: $82,000

Titania’s Palace

Image credit: Egeskov Castle

It is said that Sir Nevile Wilkinson designed Titania’s Palace for his daughter, Guendolen, who wanted to give fairies a home. The dollhouse is more like a palace, comprising of 18 rooms and over 3,000 miniature works. It was bought by Legoland in Denmark in 1978 and is now placed at Egeskov Castle.

Price: $256,500

Chicago’s Fairy Castle

Image credit: Museum of Science and Industry Chicago

Chicago’s Fairy Castle is an iconic dollhouse that took seven years and over 700 craftsmen to complete. One of the participants is Walt Disney, who took part in painting the murals on the wall. Antique Chinese royal jade and quartz, as well as gold and diamond chandeliers, decorate the house. There are paintings of fairy tale scenes from Cinderella and Snow White & the Dwarfs all around. These days, Chicago’s Fairy Castle is on show at the Museum of Science and Industry in Chicago.

Price: $500,000

The Stettheimer Dollhouse

Image credit: Museum of the City of New York

The Stettheimer Dollhouse was created by one of the Stettheimer sisters, Carrie, over the course of 25 years. The sisters were friends with some of the well-known artists in the Jazz Age, like Louis Bouché, Gaston Lachaise, and William Zorach, who contributed by adding small details to the house. It was a reflection of the Stettheimers’ fashionable apartment, now on show at the Museum of the City of New York.

Price: $1 Million

The Astolat Dollhouse

Image credit: The Astolat Dollhouse

The Astolat Dollhouse is considered by some as the most expensive dollhouse in the world. It was built by Elaine Diehl between 1974-1987, consisting of over 100,000 handcrafted pieces. The dollhouse has a very realistic look, given that the artist used a 1:1 scale. Inside, it is filled with gold chandeliers, oil paintings, a library, a wine cellar, a fireplace, and a lighting system to light up the whole house. The house is now owned by Dr. Michael Freeman and his wife Lois, now on show at Nassau County Museum of Art in Long Island, New York.

Price: $1.1 Million

Queen Mary’s Dollhouse

Image credit: Royal Collection Trust

Princess Marie Louise and Sir Edwin Lutyens gifted this dollhouse to Queen Mary for her dedication in World War I. It was a portrayal of how the aristocratic homes must have been like at that time. The details include copies from famous companies, like Coleman’s Mustard, Cadbury chocolates, a Cartier clock, Rolls-Royce cars, a bottle of Chateau Lafitte 1875, famous paintings, and more. The dollhouse is now on show at Windsor Castle in England.

Price: invaluable

[Hero image credit: The Astolat Dollhouse; featured image credit: Royal Collection Trust]

This story first appeared in Prestige Online Thailand.

 

 

The post These Most Expensive Dollhouses are What Barbie’s Dreams are Made of appeared first on Prestige Online - HongKong.

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Countries With the Highest Number of Billionaires in 2023 https://www.prestigeonline.com/hk/lifestyle/wealth-management/billionaires-by-country-and-net-worth/ Fri, 11 Aug 2023 00:05:10 +0000 https://www.prestigeonline.com/hk/?p=279697

A total of 2,640 billionaires from 77 countries and territories found a place on Forbes’ list of the world’s wealthiest people by net worth in 2023. The United States, as has always been the case, recorded the highest number of billionaires at 735 followed by mainland China at 495.

Of the top 10 billionaires in the world, eight are Americans. The only two non-Americans among the top 10 are Bernard Arnault of France and Carlos Slim Helú of Mexico.

Arnault, the founder, chairman and CEO of LVMH Moët Hennessy Louis Vuitton, is in direct competition with SpaceX founder and Tesla CEO Elon Musk for the title of the richest person in the world. For the last few months, it has either been Arnault or Musk taking the top spot.

On the other hand, Carlos Slim Helú was once the richest person in the world. His fortune comes from his conglomerate Grupo Carso, which owns telecom giant Telmex — the company that has been sponsoring Mexican Formula 1 driver and Grand Prix winner Sergio Pérez almost since the beginning of the latter’s racing career.

The total number of billionaires in Forbes’ 2023 list is 75 more than it was in 2022, of which 43 are from Russia, Italy and Singapore combined.

But neither have all countries increased their billionaire count nor have they improved the overall billionaire wealth. Despite having the most billionaires by country, the US, for instance, failed to add a single billionaire in 2023. Moreover, the total net worth of all its billionaires, at USD 4.5 trillion in 2023, is down by USD 200 billion from the previous year.

China, too, saw a decline in billionaires. While it had 539 billionaires in 2022, the country’s count fell to 495 with a total net worth of USD 1.67 trillion.

The most number of billionaires in the world by country

United States

Number of billionaires: 735

Elon Musk richest man
Elon Musk at a Neuralink presentation. (Image: Courtesy of Steve Jurvetson/CC BY 2.0/Wikimedia Commons)

The US has the highest number of billionaires in the world. The figure is more than the combined number of billionaires of the following two countries on Forbes’ list.

It is understandable given that the US has long been at the forefront of innovation, invention and entrepreneurship. There are fewer bottlenecks and red tape than in many other economies, which grants greater freedom for doing business. Moreover, the world’s oldest democracy, where power has oscillated between just two parties for over 150 years, practically guarantees a highly stable political climate.

These factors have played a key role in attracting some of the brightest minds from the world over, especially since around the time of World War II. This is the reason behind all the world’s top five Big Tech companies – Amazon, Microsoft, Meta (as Facebook), Alphabet (as Google), and Apple – were created and are located in the US. Indeed, 10 of the 15 US billionaires in the top 20 are involved and have made their fortune in the tech industry.

But the sheer number of billionaires in the US point to the fact that the country effectively has a strong hold on almost all walks of life. Thus, not only tech or other commonly known entrepreneurial arenas, but the US also boasts billionaires in its vibrant entertainment and sports industries, such as pop icon Rihanna, media personality Kim Kardashian, rapper Jay-Z, golfer Tiger Woods and basketball star LeBron James.

Top five billionaires and their net worth

Elon Musk: USD 237.2 billion

Jeff Bezos: USD 154.3 billion

Larry Ellison: USD 147.9 billion

Bill Gates: USD 119.3 billion

Warren Buffet: USD 117.7 billion

China

Number of billionaires: 495

Tencent Beijing Billionaires by country
The Beijing office of Tencent, which is owned by billionaire Ma Huateng. (Image: Courtesy of N509FZ/CC BY-SA 4.0/Wikimedia Commons)

China’s phenomenal economic growth through the late 20th century and into the 21st can be attributed to just one individual — Deng Xiaoping.

In 1978, Deng, who was then the leader of the Chinese Communist Party (CCP), made a historic decision to open the country’s economy to foreign investment. It was a landmark move, given that China was deeply rooted in Communism and was still recovering from Mao Zedong’s disastrous Cultural Revolution.

Deng’s decision positively affected every aspect of life in China — from agriculture to industry. Today, China’s USD 19 trillion economy constitutes around 18 per cent of the global economy and is the world’s second-largest after the US.

Unlike the US, China’s strength lies in manufacturing. Nearly every major manufacturer in the world, including tech giants such as Tesla (the Shanghai Gigafactory) and Apple (via Taiwanese company Foxconn), has a manufacturing arm in China. Chinese billionaires, therefore, are involved in a wide range of manufacturing and production businesses, including those that are outside the realm of technology, such as beverages, automobiles, batteries and mining.

For instance, Zhong Shanshan, the richest Chinese businessperson, is the founder of the bottled water company Nongfu Spring. Only two names — Zhang Yiming of TikTok and Ma Huateng of Tencent — are among the Chinese businesspersons in the top five who made their fortune in the tech industry.

Top five billionaires and their net worth 

Zhong Shanshan: USD 66.3 billion

Zhang Yiming: USD 45 billion

Ma Huateng: USD 37.6 billion

William Lei Ding: USD 34.5 billion

Colin Zheng Huang: USD 31.7 billion

India

Number of billionaires: 169

Gautam Adani
Gautam Adani, once the richest Asian saw a major fall in his net worth in early January 2023. (Image: Courtesy of Sam Panthaky/AFP)

In September 2022, India became the world’s fifth-largest economy by overtaking the United Kingdom. It marked a phenomenal achievement for a country whose GDP, according to the World Economic Forum (WEF), was the 11th largest just a decade prior.

According to the International Monetary Fund (IMF), India will be the world’s fourth-largest GDP by 2027. The country’s growing economy has resulted in a rise in the number of its billionaires, adding three billionaires to its 2022 tally of 166. At USD 675 billion, their total net worth of 2023 is USD 75 billion less than the previous year, largely because of the massive fall in the net worth of Adani Group chairman Gautam Adani.

Like China, India’s wealthiest names are engaged in a wide range of businesses, not related to technology. Mukesh Ambani, the richest Indian with a net worth of USD 94.5 billion, is the chairman and managing director of Reliance Industries, a multinational conglomerate which is into everything from energy to natural gas and retail to telecommunications.

Although large business families such as Ambanis, Tatas and Birlas have been shaping India’s economy for several decades, the country’s economic growth got a major boost only in 1991. Largely due to the decades of Fabian socialist policies that successive governments followed, India was in a deep economic crisis at the time. The then Prime Minister PV Narasimha Rao and his Finance Minister Manmohan Singh (who would later become Prime Minister) ushered in a wave of reforms with the historic liberalisation of the Indian economy on 24 July 1991.

The decision brought in foreign investment and opened India’s economy to the outside world. It ended the notorious Licence Raj, a system present since India’s independence in 1947 under which a business would have to secure the approval of as many as 80 government agencies to be able to operate. The end of the system encouraged Indian entrepreneurs to set up their businesses with ease.

But even though India has made tremendous progress since liberalisation, inequality in the distribution of wealth exists. A 2023 report by the British charitable confederation Oxfam revealed that the top 1 per cent owned more than 40.5 per cent of its total wealth created between 2012 and 2021, while the bottom 50 per cent received only 3 per cent of it.

 Top five billionaires and their net worth

Mukesh Ambani: USD 89.7 billion

Gautam Adani: USD 54.5 billion

Cyrus Poonawalla: USD 31.1 billion

Shiv Nadar: USD 25.9 billion

Savitri Jindal & Family: USD 20.4 billion

Germany

Number of billionaires: 126

Susanne Klatten
Susanne Klatten of BMW, one of the richest women in the world, in a conversation at an event. (Image: Courtesy of Olaf Kosinsky/CC BY-SA 3.0 de/Wikimedia Commons)

Germany has long been Europe’s economic nerve centre. According to World Bank data, its current GDP in 2022 was USD 4.07 trillion — 25 per cent more than that of the second-placed UK. Germany has been the richest European country by GDP for a long time and is the fourth-largest economy in the world.

No wonder the country has a high share of billionaires. Dieter Schwarz, the richest person in Germany, is the owner of the discounted supermarket giant Schwarz Group. The retailer’s annual sales are more than USD 140 billion. He is followed by logistics magnate Klaus-Michael Kühne, the honorary chairman of Switzerland-headquartered Kuehne + Nagel International AG. In 2022, he became the largest single investor in the world-famous German airline carrier Lufthansa.

Among the top five richest people in Germany is the brother-sister duo of Stefan Quandt and Susanne Klatten. It is one of the rarest instances where two siblings are billionaires with almost equal net worth. They hold a total of 42.7 per cent in German multinational automaker Bayerische Motoren Werke AG, or BMW as it is famously known.

According to Forbes, the siblings are on BMW’s supervisory board with Quandt serving as deputy chairman. Klatten, whose share in BMW is 19.1 per cent, is among the 10 richest women in the world.

Top five billionaires and their net worth 

Dieter Schwarz: USD 48 billion

Klaus-Michael Kühne: USD 36.6 billion

Reinhold Würth & family: USD 31.7 billion

Stefan Quandt: USD 26.2 billion

Susanne Klatten: USD 25.1 billion

Russia

Number of billionaires: 105

billionaires by country
Leonid Mikhelson, chairman and CEO of Russian gas company Novatek, speaks at a meeting. (Image: Courtesy of Krassotkin/CC0/Wikimedia Commons)

Forbes notes that Russia has produced more billionaires through 2022 than it did in 2021, despite the Western sanctions that came in the wake of the country’s invasion of Ukraine. It had 83 billionaires on the 2022 list, which jumped by 22 over the course of the year. As of 2023, their combined net worth stands at USD 474 billion.

“A global upswing in commodities prices–driven in large part by the invasion and subsequent Western sanctions–have bolstered revenues for some Russian firms,” Forbes reports.

The rise in prices has helped some businesses in Russia, most notably fertiliser tycoon Andrey Melnichenko of EuroChem Group. Melnichenko more than doubled his income in just one year from USD 11.1 billion to USD 25.2 billion to become the richest Russian in the world.

Most of the others among the top five Russian billionaires are also those whose fortunes rose despite sanctions, including steel magnate Alexey Mordashov, whose net worth rose by USD 7.7 billion, and Vladimir Potanin of Norilsk Nickel (Nornickel), who saw a rise of USD 6.4 billion in his wealth, according to Forbes.

Most of the Russian billionaires, famously known as oligarchs because of their control over the country and close proximity to the Russian president, emerged after the fall of the Soviet Union. The rather small coterie has private ownership of some of the biggest metal and oil companies in the world. But while the oligarchs continued to become richer, the lives of many ordinary Russians didn’t improve. As a result, Russia has a stark income inequality with the top 1 per cent of Russia’s richest households earning over 20 per cent of the national income as of 2021.

Top five billionaires and their net worth

Andrey Melnichenko & family: USD 24.7 billion

Vladimir Potanin: USD 23.7 billion

Vladimir Lisin: USD 22.1 billion

Leonid Mikhelson & family: USD 21.6 billion

Alexey Mordashov & family: USD 20.7 billion

Hong Kong

Number of billionaires: 66

Li Ka Shing
Li Ka-shing gestures during a visit to EdTech Stanford University School of Medicine. (Image: Courtesy of  EdTech Stanford University School of Medicine/CC BY 2.0/Wikimedia Commons)

Hong Kong Special Administrative Region (SAR) has long been one of the best business destinations in Asia. It is seen as a great success story of economic prosperity in the world, despite its relatively small land area.

Even though it was left in ruins during the Japanese occupation, which ended in 1945, Hong Kong witnessed a tremendous entrepreneurial leap to become the most prosperous British-controlled territory in the Far East within 10 years.

But its real economic boom happened between the years 1962 and 1970 when Hong Kong grew at a frenetic pace with real-estate and engineering marvels such as massive highways, tunnels, reservoirs, and high-rises covering its landscape. Electronics, optical and financial companies, such as banks, propel the Asian economy to new heights, leading to the rise in the number of extremely rich business leaders in Hong Kong.

Indeed, many of Hong Kong’s current crop of billionaires can trace their rise to the boom period. Most prominent among them are infrastructure titans Li Ka-shing, Lee Shau Kee and Lui Che Woo, all three of whom are nonagenarians.

Top five billionaires and their net worth

Li Ka-shing: USD 38.4 billion

Robin Zeng: USD 33.9 billion

Lee Shau Kee: USD 27.8 billion

Peter Woo: USD 15.6 billion

Lui Che Woo: USD 15.2 billion

Italy

Number of billionaires: 64

Georgio Armani
Giorgio Armani poses with models after a menswear fashion show by Emporio Armani. (Image: Courtesy of Armani/@armani/Twitter)

Like Germany, Italy, too, has long been an economic powerhouse of Europe with a GDP of USD 2.01 trillion in 2022. Though the country’s economy has been going down since 2008, Forbes’ report suggests that its billionaire count has risen by 12 over the past year.

Engineering and metallurgy are the strong sectors of the Italian economy. But the country is particularly known for automobiles and fashion. It doesn’t, therefore, come as a surprise that two of its top five billionaires — Giorgio Armani and Piero Ferrari — belong to these industries.

Neither Armani nor Ferrari needs an introduction. They are counted among the greatest in their respective worlds. While 89-year-old Armani is the founder of his namesake fashion brand, Piero is the son of Ferrari founder Enzo Ferrari and the vice-chairman of the company of which he owns 10 per cent.

On the other hand, Giovanni Ferrero, the richest Italian, is the head of Ferrero Group, which is the world’s second-largest chocolate maker. Its brands include Nutella, Kinder and Tic Tac. The company is owned by several members of the Ferrero family and recorded sales of around USD 15 billion in 2022. Giovanni serves as the company’s executive chairman

A closer look at the net worth of the five richest Italians reveals that Italy is the only country among the top 10 where the richest person is almost seven times wealthier than the fifth-richest person.

Top five billionaires and their net worth

Giovanni Ferrero: USD 39.9 billion

Giorgio Armani: USD 12.4 billion

Sergio Stevanato & family: USD 7.9 billion

Massimiliana Landini Aleotti & family: USD 7.3 billion

Piero Ferrari: USD 6.6 billion

Canada

Number of billionaires: 63

Thomson Reuters
The Thomson Reuters building in Scarborough on Kennedy Road, Toronto, Canada. David Thomson is the chairman of the company. (Image: Courtesy of Jason Zhang/CC BY-SA 3.0/Wikimedia Commons)

There are only a handful of billionaires among the top 100 in the world who are also nobles. David Thomson is one of them. The 3rd Baron Thomson of Fleet is a Canadian-British hereditary peer whose family controls Thomson Reuters, one of the world’s biggest media houses.

David Thomson is the chairman of Thomson Reuters. He also chairs the Thomson family investment company Woodbridge as well as Canadian media company The Globe and Mail. A look at Forbes’ data shows that his net worth has increased by almost 42 per cent since 2020, making him the 22nd richest billionaire in the world in 2023. It is a significant position, given that the second-richest Canadian, David Cheriton, is not even among the world’s 200 richest. In fact, Thomson’s net worth is about 50 per cent more than the combined net worth of the following four Canadian billionaires.

Among Canada’s notable billionaires is Changpeng Zhao. The China-born Canadian is the founder and CEO of Binance, the world’s largest cryptocurrency exchange. His fortune is built on the success of cryptocurrency. Interestingly, however, his net worth has seen a sharp rise and a sharp decline over two years. His net worth climbed 32 times from USD 1.9 billion in 2021 to USD 65 billion in 2022. As cryptocurrency tanked through 2022, his net worth followed suit and fell by almost six times to just over USD 10 billion.

Top five billionaires and their net worth

David Thomson & family: USD 57.9 billion

David Cheriton: USD 11.3 billion

Anthony von Mandl: USD 10.5 billion

Changpeng Zhao: USD 10.2 billion

Jim Pattison: USD 10.1 billion

United Kingdom

Number of billionaires: 52

James Dyson
James Dyson, inventor and founder of consumer electronics giant Dyson. (Image: Courtesy of Royal Society uploader/CC BY-SA 4.0/Wikimedia Commons)

With a long and illustrious history of industrialisation, the UK was once the richest nation in the world. Though that status is long gone, it still is one of the world’s most prominent economies producing everything from paper to aircraft.

Today, its wealthiest people own companies that are into finance, chemicals, consumer goods and even gambling. James Ratcliffe, the richest Briton, and John Reece, the fifth-richest, are connected to the chemicals conglomerate INEOS Group. Ratcliffe, a chemical engineer, founded the group in 1998, which Reece, a chartered accountant, joined in 2000.

Michael Platt is the co-founder and CEO of BlueCrest Capital Management, one of the world’s largest hedge fund firms. Denise Coates, the richest British woman billionaire, is the co-CEO of Bet365, one of the world’s largest online gambling companies. Bet365 facilitates bets worth USD 65 billion every year, according to Forbes.

James Dyson is particularly famous as an inventor. Despite being a qualified designer and not an engineer, he created the world’s first bagless vacuum cleaner based on a system popular in sawmills in the mid-1980s. He founded his namesake company in the early 1990s. Headquartered in Singapore, Dyson is today a renowned name in the world of consumer electronics.

Top five billionaires and their net worth

James Ratcliffe: USD 23 billion

Michael Platt: USD 16.0 billion

James Dyson: USD 9.8 billion

Denise Coates: USD 7.8 billion

John Reece: USD 7.7 billion

Taiwan

Number of billionaires: 52

Zhang
Zhang Congyuan, the second-richest person in Taiwan. (Image: Courtesy of 全景網/CC BY-SA 4.0/Wikimedia Commons)

While the number of billionaires in Taiwan in 2023 is the same as that of the UK, the total net worth of the Taiwanese billionaires fell by USD 15 billion to USD 136 billion. By comparison, the UK billionaires added USD 2 billion to their wealth for a combined total of USD 202 billion.

Taiwan is one of the most developed countries in Asia. Its economy relies heavily on the service sector, but manufacturing, especially of semiconductors, electronics and computers, is also a key contributor to the growth of the picturesque island nation.

The industries of some of the richest billionaires in Taiwan indicate a greater diversity and almost equal level of wealth. For instance, while Tsai Eng-meng is the chairman of Chinese-style snacks and drinks company Want Want China, Zhang Congyuan, the second-richest, is the founder of shoemaker Huali Industrial, whose factories produce shoes for Nike, Puma, UGG and Vans.

Barry Lam, the richest Taiwanese, is the chairman of Quanta Computer, the world’s largest manufacturer of notebook computers. Nearly all the world’s most famous computer brands, including Apple, Dell, Hewlett-Packard, Sony, Lenovo and Alienware, have their notebooks manufactured by Quanta. The company is also one of the key manufacturers of the Apple Watch.

Apple is also connected to Hon Hai Precision, the world’s largest electronics contract manufacturer. Founded by Terry Gou, the company is better known as Foxconn. It has also owned Japanese electronics giant Sharp and the mobile phone business of Nokia since 2016.

Lin Shu-hong, on the other hand, is the co-founder and former chairman of Chang Chun Group, which is one of Asia’s largest petrochemical companies.

Top five billionaires and their net worth

Barry Lam: USD 10.4 billion

Zhang Congyuan: USD 8.3 billion

Terry Gou: USD 7.4 billion

Lin Shu-hong: USD 7.1 billion

Tsai Eng-meng: USD 6.4 billion

(The net worth of the top five billionaires from each country as on 2 August 2023.)

(Hero and Featured image credits: Courtesy of Patrick Pleul/POOL/AFP)

This story first appeared on Lifestyle Asia Singapore.

The post Countries With the Highest Number of Billionaires in 2023 appeared first on Prestige Online - HongKong.

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A total of 2,640 billionaires from 77 countries and territories found a place on Forbes’ list of the world’s wealthiest people by net worth in 2023. The United States, as has always been the case, recorded the highest number of billionaires at 735 followed by mainland China at 495.

Of the top 10 billionaires in the world, eight are Americans. The only two non-Americans among the top 10 are Bernard Arnault of France and Carlos Slim Helú of Mexico.

Arnault, the founder, chairman and CEO of LVMH Moët Hennessy Louis Vuitton, is in direct competition with SpaceX founder and Tesla CEO Elon Musk for the title of the richest person in the world. For the last few months, it has either been Arnault or Musk taking the top spot.

On the other hand, Carlos Slim Helú was once the richest person in the world. His fortune comes from his conglomerate Grupo Carso, which owns telecom giant Telmex — the company that has been sponsoring Mexican Formula 1 driver and Grand Prix winner Sergio Pérez almost since the beginning of the latter’s racing career.

The total number of billionaires in Forbes’ 2023 list is 75 more than it was in 2022, of which 43 are from Russia, Italy and Singapore combined.

But neither have all countries increased their billionaire count nor have they improved the overall billionaire wealth. Despite having the most billionaires by country, the US, for instance, failed to add a single billionaire in 2023. Moreover, the total net worth of all its billionaires, at USD 4.5 trillion in 2023, is down by USD 200 billion from the previous year.

China, too, saw a decline in billionaires. While it had 539 billionaires in 2022, the country’s count fell to 495 with a total net worth of USD 1.67 trillion.

The most number of billionaires in the world by country

United States

Number of billionaires: 735

Elon Musk richest man
Elon Musk at a Neuralink presentation. (Image: Courtesy of Steve Jurvetson/CC BY 2.0/Wikimedia Commons)

The US has the highest number of billionaires in the world. The figure is more than the combined number of billionaires of the following two countries on Forbes’ list.

It is understandable given that the US has long been at the forefront of innovation, invention and entrepreneurship. There are fewer bottlenecks and red tape than in many other economies, which grants greater freedom for doing business. Moreover, the world’s oldest democracy, where power has oscillated between just two parties for over 150 years, practically guarantees a highly stable political climate.

These factors have played a key role in attracting some of the brightest minds from the world over, especially since around the time of World War II. This is the reason behind all the world’s top five Big Tech companies – Amazon, Microsoft, Meta (as Facebook), Alphabet (as Google), and Apple – were created and are located in the US. Indeed, 10 of the 15 US billionaires in the top 20 are involved and have made their fortune in the tech industry.

But the sheer number of billionaires in the US point to the fact that the country effectively has a strong hold on almost all walks of life. Thus, not only tech or other commonly known entrepreneurial arenas, but the US also boasts billionaires in its vibrant entertainment and sports industries, such as pop icon Rihanna, media personality Kim Kardashian, rapper Jay-Z, golfer Tiger Woods and basketball star LeBron James.

Top five billionaires and their net worth

Elon Musk: USD 237.2 billion

Jeff Bezos: USD 154.3 billion

Larry Ellison: USD 147.9 billion

Bill Gates: USD 119.3 billion

Warren Buffet: USD 117.7 billion

China

Number of billionaires: 495

Tencent Beijing Billionaires by country
The Beijing office of Tencent, which is owned by billionaire Ma Huateng. (Image: Courtesy of N509FZ/CC BY-SA 4.0/Wikimedia Commons)

China’s phenomenal economic growth through the late 20th century and into the 21st can be attributed to just one individual — Deng Xiaoping.

In 1978, Deng, who was then the leader of the Chinese Communist Party (CCP), made a historic decision to open the country’s economy to foreign investment. It was a landmark move, given that China was deeply rooted in Communism and was still recovering from Mao Zedong’s disastrous Cultural Revolution.

Deng’s decision positively affected every aspect of life in China — from agriculture to industry. Today, China’s USD 19 trillion economy constitutes around 18 per cent of the global economy and is the world’s second-largest after the US.

Unlike the US, China’s strength lies in manufacturing. Nearly every major manufacturer in the world, including tech giants such as Tesla (the Shanghai Gigafactory) and Apple (via Taiwanese company Foxconn), has a manufacturing arm in China. Chinese billionaires, therefore, are involved in a wide range of manufacturing and production businesses, including those that are outside the realm of technology, such as beverages, automobiles, batteries and mining.

For instance, Zhong Shanshan, the richest Chinese businessperson, is the founder of the bottled water company Nongfu Spring. Only two names — Zhang Yiming of TikTok and Ma Huateng of Tencent — are among the Chinese businesspersons in the top five who made their fortune in the tech industry.

Top five billionaires and their net worth 

Zhong Shanshan: USD 66.3 billion

Zhang Yiming: USD 45 billion

Ma Huateng: USD 37.6 billion

William Lei Ding: USD 34.5 billion

Colin Zheng Huang: USD 31.7 billion

India

Number of billionaires: 169

Gautam Adani
Gautam Adani, once the richest Asian saw a major fall in his net worth in early January 2023. (Image: Courtesy of Sam Panthaky/AFP)

In September 2022, India became the world’s fifth-largest economy by overtaking the United Kingdom. It marked a phenomenal achievement for a country whose GDP, according to the World Economic Forum (WEF), was the 11th largest just a decade prior.

According to the International Monetary Fund (IMF), India will be the world’s fourth-largest GDP by 2027. The country’s growing economy has resulted in a rise in the number of its billionaires, adding three billionaires to its 2022 tally of 166. At USD 675 billion, their total net worth of 2023 is USD 75 billion less than the previous year, largely because of the massive fall in the net worth of Adani Group chairman Gautam Adani.

Like China, India’s wealthiest names are engaged in a wide range of businesses, not related to technology. Mukesh Ambani, the richest Indian with a net worth of USD 94.5 billion, is the chairman and managing director of Reliance Industries, a multinational conglomerate which is into everything from energy to natural gas and retail to telecommunications.

Although large business families such as Ambanis, Tatas and Birlas have been shaping India’s economy for several decades, the country’s economic growth got a major boost only in 1991. Largely due to the decades of Fabian socialist policies that successive governments followed, India was in a deep economic crisis at the time. The then Prime Minister PV Narasimha Rao and his Finance Minister Manmohan Singh (who would later become Prime Minister) ushered in a wave of reforms with the historic liberalisation of the Indian economy on 24 July 1991.

The decision brought in foreign investment and opened India’s economy to the outside world. It ended the notorious Licence Raj, a system present since India’s independence in 1947 under which a business would have to secure the approval of as many as 80 government agencies to be able to operate. The end of the system encouraged Indian entrepreneurs to set up their businesses with ease.

But even though India has made tremendous progress since liberalisation, inequality in the distribution of wealth exists. A 2023 report by the British charitable confederation Oxfam revealed that the top 1 per cent owned more than 40.5 per cent of its total wealth created between 2012 and 2021, while the bottom 50 per cent received only 3 per cent of it.

 Top five billionaires and their net worth

Mukesh Ambani: USD 89.7 billion

Gautam Adani: USD 54.5 billion

Cyrus Poonawalla: USD 31.1 billion

Shiv Nadar: USD 25.9 billion

Savitri Jindal & Family: USD 20.4 billion

Germany

Number of billionaires: 126

Susanne Klatten
Susanne Klatten of BMW, one of the richest women in the world, in a conversation at an event. (Image: Courtesy of Olaf Kosinsky/CC BY-SA 3.0 de/Wikimedia Commons)

Germany has long been Europe’s economic nerve centre. According to World Bank data, its current GDP in 2022 was USD 4.07 trillion — 25 per cent more than that of the second-placed UK. Germany has been the richest European country by GDP for a long time and is the fourth-largest economy in the world.

No wonder the country has a high share of billionaires. Dieter Schwarz, the richest person in Germany, is the owner of the discounted supermarket giant Schwarz Group. The retailer’s annual sales are more than USD 140 billion. He is followed by logistics magnate Klaus-Michael Kühne, the honorary chairman of Switzerland-headquartered Kuehne + Nagel International AG. In 2022, he became the largest single investor in the world-famous German airline carrier Lufthansa.

Among the top five richest people in Germany is the brother-sister duo of Stefan Quandt and Susanne Klatten. It is one of the rarest instances where two siblings are billionaires with almost equal net worth. They hold a total of 42.7 per cent in German multinational automaker Bayerische Motoren Werke AG, or BMW as it is famously known.

According to Forbes, the siblings are on BMW’s supervisory board with Quandt serving as deputy chairman. Klatten, whose share in BMW is 19.1 per cent, is among the 10 richest women in the world.

Top five billionaires and their net worth 

Dieter Schwarz: USD 48 billion

Klaus-Michael Kühne: USD 36.6 billion

Reinhold Würth & family: USD 31.7 billion

Stefan Quandt: USD 26.2 billion

Susanne Klatten: USD 25.1 billion

Russia

Number of billionaires: 105

billionaires by country
Leonid Mikhelson, chairman and CEO of Russian gas company Novatek, speaks at a meeting. (Image: Courtesy of Krassotkin/CC0/Wikimedia Commons)

Forbes notes that Russia has produced more billionaires through 2022 than it did in 2021, despite the Western sanctions that came in the wake of the country’s invasion of Ukraine. It had 83 billionaires on the 2022 list, which jumped by 22 over the course of the year. As of 2023, their combined net worth stands at USD 474 billion.

“A global upswing in commodities prices–driven in large part by the invasion and subsequent Western sanctions–have bolstered revenues for some Russian firms,” Forbes reports.

The rise in prices has helped some businesses in Russia, most notably fertiliser tycoon Andrey Melnichenko of EuroChem Group. Melnichenko more than doubled his income in just one year from USD 11.1 billion to USD 25.2 billion to become the richest Russian in the world.

Most of the others among the top five Russian billionaires are also those whose fortunes rose despite sanctions, including steel magnate Alexey Mordashov, whose net worth rose by USD 7.7 billion, and Vladimir Potanin of Norilsk Nickel (Nornickel), who saw a rise of USD 6.4 billion in his wealth, according to Forbes.

Most of the Russian billionaires, famously known as oligarchs because of their control over the country and close proximity to the Russian president, emerged after the fall of the Soviet Union. The rather small coterie has private ownership of some of the biggest metal and oil companies in the world. But while the oligarchs continued to become richer, the lives of many ordinary Russians didn’t improve. As a result, Russia has a stark income inequality with the top 1 per cent of Russia’s richest households earning over 20 per cent of the national income as of 2021.

Top five billionaires and their net worth

Andrey Melnichenko & family: USD 24.7 billion

Vladimir Potanin: USD 23.7 billion

Vladimir Lisin: USD 22.1 billion

Leonid Mikhelson & family: USD 21.6 billion

Alexey Mordashov & family: USD 20.7 billion

Hong Kong

Number of billionaires: 66

Li Ka Shing
Li Ka-shing gestures during a visit to EdTech Stanford University School of Medicine. (Image: Courtesy of  EdTech Stanford University School of Medicine/CC BY 2.0/Wikimedia Commons)

Hong Kong Special Administrative Region (SAR) has long been one of the best business destinations in Asia. It is seen as a great success story of economic prosperity in the world, despite its relatively small land area.

Even though it was left in ruins during the Japanese occupation, which ended in 1945, Hong Kong witnessed a tremendous entrepreneurial leap to become the most prosperous British-controlled territory in the Far East within 10 years.

But its real economic boom happened between the years 1962 and 1970 when Hong Kong grew at a frenetic pace with real-estate and engineering marvels such as massive highways, tunnels, reservoirs, and high-rises covering its landscape. Electronics, optical and financial companies, such as banks, propel the Asian economy to new heights, leading to the rise in the number of extremely rich business leaders in Hong Kong.

Indeed, many of Hong Kong’s current crop of billionaires can trace their rise to the boom period. Most prominent among them are infrastructure titans Li Ka-shing, Lee Shau Kee and Lui Che Woo, all three of whom are nonagenarians.

Top five billionaires and their net worth

Li Ka-shing: USD 38.4 billion

Robin Zeng: USD 33.9 billion

Lee Shau Kee: USD 27.8 billion

Peter Woo: USD 15.6 billion

Lui Che Woo: USD 15.2 billion

Italy

Number of billionaires: 64

Georgio Armani
Giorgio Armani poses with models after a menswear fashion show by Emporio Armani. (Image: Courtesy of Armani/@armani/Twitter)

Like Germany, Italy, too, has long been an economic powerhouse of Europe with a GDP of USD 2.01 trillion in 2022. Though the country’s economy has been going down since 2008, Forbes’ report suggests that its billionaire count has risen by 12 over the past year.

Engineering and metallurgy are the strong sectors of the Italian economy. But the country is particularly known for automobiles and fashion. It doesn’t, therefore, come as a surprise that two of its top five billionaires — Giorgio Armani and Piero Ferrari — belong to these industries.

Neither Armani nor Ferrari needs an introduction. They are counted among the greatest in their respective worlds. While 89-year-old Armani is the founder of his namesake fashion brand, Piero is the son of Ferrari founder Enzo Ferrari and the vice-chairman of the company of which he owns 10 per cent.

On the other hand, Giovanni Ferrero, the richest Italian, is the head of Ferrero Group, which is the world’s second-largest chocolate maker. Its brands include Nutella, Kinder and Tic Tac. The company is owned by several members of the Ferrero family and recorded sales of around USD 15 billion in 2022. Giovanni serves as the company’s executive chairman

A closer look at the net worth of the five richest Italians reveals that Italy is the only country among the top 10 where the richest person is almost seven times wealthier than the fifth-richest person.

Top five billionaires and their net worth

Giovanni Ferrero: USD 39.9 billion

Giorgio Armani: USD 12.4 billion

Sergio Stevanato & family: USD 7.9 billion

Massimiliana Landini Aleotti & family: USD 7.3 billion

Piero Ferrari: USD 6.6 billion

Canada

Number of billionaires: 63

Thomson Reuters
The Thomson Reuters building in Scarborough on Kennedy Road, Toronto, Canada. David Thomson is the chairman of the company. (Image: Courtesy of Jason Zhang/CC BY-SA 3.0/Wikimedia Commons)

There are only a handful of billionaires among the top 100 in the world who are also nobles. David Thomson is one of them. The 3rd Baron Thomson of Fleet is a Canadian-British hereditary peer whose family controls Thomson Reuters, one of the world’s biggest media houses.

David Thomson is the chairman of Thomson Reuters. He also chairs the Thomson family investment company Woodbridge as well as Canadian media company The Globe and Mail. A look at Forbes’ data shows that his net worth has increased by almost 42 per cent since 2020, making him the 22nd richest billionaire in the world in 2023. It is a significant position, given that the second-richest Canadian, David Cheriton, is not even among the world’s 200 richest. In fact, Thomson’s net worth is about 50 per cent more than the combined net worth of the following four Canadian billionaires.

Among Canada’s notable billionaires is Changpeng Zhao. The China-born Canadian is the founder and CEO of Binance, the world’s largest cryptocurrency exchange. His fortune is built on the success of cryptocurrency. Interestingly, however, his net worth has seen a sharp rise and a sharp decline over two years. His net worth climbed 32 times from USD 1.9 billion in 2021 to USD 65 billion in 2022. As cryptocurrency tanked through 2022, his net worth followed suit and fell by almost six times to just over USD 10 billion.

Top five billionaires and their net worth

David Thomson & family: USD 57.9 billion

David Cheriton: USD 11.3 billion

Anthony von Mandl: USD 10.5 billion

Changpeng Zhao: USD 10.2 billion

Jim Pattison: USD 10.1 billion

United Kingdom

Number of billionaires: 52

James Dyson
James Dyson, inventor and founder of consumer electronics giant Dyson. (Image: Courtesy of Royal Society uploader/CC BY-SA 4.0/Wikimedia Commons)

With a long and illustrious history of industrialisation, the UK was once the richest nation in the world. Though that status is long gone, it still is one of the world’s most prominent economies producing everything from paper to aircraft.

Today, its wealthiest people own companies that are into finance, chemicals, consumer goods and even gambling. James Ratcliffe, the richest Briton, and John Reece, the fifth-richest, are connected to the chemicals conglomerate INEOS Group. Ratcliffe, a chemical engineer, founded the group in 1998, which Reece, a chartered accountant, joined in 2000.

Michael Platt is the co-founder and CEO of BlueCrest Capital Management, one of the world’s largest hedge fund firms. Denise Coates, the richest British woman billionaire, is the co-CEO of Bet365, one of the world’s largest online gambling companies. Bet365 facilitates bets worth USD 65 billion every year, according to Forbes.

James Dyson is particularly famous as an inventor. Despite being a qualified designer and not an engineer, he created the world’s first bagless vacuum cleaner based on a system popular in sawmills in the mid-1980s. He founded his namesake company in the early 1990s. Headquartered in Singapore, Dyson is today a renowned name in the world of consumer electronics.

Top five billionaires and their net worth

James Ratcliffe: USD 23 billion

Michael Platt: USD 16.0 billion

James Dyson: USD 9.8 billion

Denise Coates: USD 7.8 billion

John Reece: USD 7.7 billion

Taiwan

Number of billionaires: 52

Zhang
Zhang Congyuan, the second-richest person in Taiwan. (Image: Courtesy of 全景網/CC BY-SA 4.0/Wikimedia Commons)

While the number of billionaires in Taiwan in 2023 is the same as that of the UK, the total net worth of the Taiwanese billionaires fell by USD 15 billion to USD 136 billion. By comparison, the UK billionaires added USD 2 billion to their wealth for a combined total of USD 202 billion.

Taiwan is one of the most developed countries in Asia. Its economy relies heavily on the service sector, but manufacturing, especially of semiconductors, electronics and computers, is also a key contributor to the growth of the picturesque island nation.

The industries of some of the richest billionaires in Taiwan indicate a greater diversity and almost equal level of wealth. For instance, while Tsai Eng-meng is the chairman of Chinese-style snacks and drinks company Want Want China, Zhang Congyuan, the second-richest, is the founder of shoemaker Huali Industrial, whose factories produce shoes for Nike, Puma, UGG and Vans.

Barry Lam, the richest Taiwanese, is the chairman of Quanta Computer, the world’s largest manufacturer of notebook computers. Nearly all the world’s most famous computer brands, including Apple, Dell, Hewlett-Packard, Sony, Lenovo and Alienware, have their notebooks manufactured by Quanta. The company is also one of the key manufacturers of the Apple Watch.

Apple is also connected to Hon Hai Precision, the world’s largest electronics contract manufacturer. Founded by Terry Gou, the company is better known as Foxconn. It has also owned Japanese electronics giant Sharp and the mobile phone business of Nokia since 2016.

Lin Shu-hong, on the other hand, is the co-founder and former chairman of Chang Chun Group, which is one of Asia’s largest petrochemical companies.

Top five billionaires and their net worth

Barry Lam: USD 10.4 billion

Zhang Congyuan: USD 8.3 billion

Terry Gou: USD 7.4 billion

Lin Shu-hong: USD 7.1 billion

Tsai Eng-meng: USD 6.4 billion

(The net worth of the top five billionaires from each country as on 2 August 2023.)

(Hero and Featured image credits: Courtesy of Patrick Pleul/POOL/AFP)

This story first appeared on Lifestyle Asia Singapore.

The post Countries With the Highest Number of Billionaires in 2023 appeared first on Prestige Online - HongKong.

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15 of the Most Extravagant and Expensive Weddings in the World https://www.prestigeonline.com/hk/people/the-most-expensive-weddings-in-the-world/ Tue, 08 Aug 2023 06:00:30 +0000 https://www.prestigeonline.com/hk/?p=279030

What are weddings if not the most expensive occasion in a couple’s life? As an opening act to married life, weddings have transformed into an event where no fantasy is wild enough to execute, especially if the budget is non-existent. For the rich and famous, “I do’s” are embellished with private island destinations, endless rounds of the best champagne, and couture outfits handmade by the best designers the world has to offer. From royalty to entertainment personalities, we take a look at the 15 most expensive weddings in the world. For centuries, weddings have been a socially-accepted expenditure, with the affluent going to great lengths to impress their guests. Industrialists, celebrities, and members of royalty have emerged as the top players in this segment— with several nuptials running into millions for their lavish, one-of-a-kind features. While some grooms opt for the classic helicopter arrival, others have gone the extra mile by creating specialised locations to accommodate their illustrious attendees. Arranging for an exclusive performance by Beyonce, or flying in Italy’s best florist for your decor are add-ons that might not come cheap but for the world’s 1%, it’s just spare change.

Why are weddings becoming more expensive?

Whether you’re someone who’s had wedding lust their entire life or prefer smaller, more intimate ceremonies, there’s no denying that they’re becoming pricier than ever. A study published in The Asean Post indicates that wedding costs in Southeast Asia are witnessing a sharp rise. Looking at Hong Kong more exclusively, the average cost of getting married in the city rose by 10 percent in 2022 to HKD 360,577 (approximately USD 45,982), according to online lifestyle media and e-business company ESDlife. Spending on each wedding item witnessed double-digit growth after two years of post-pandemic lag –from pre-wedding photography, and engagement rings to honeymoon packages. Rising inflation rates as well as exposure to social media trends can also be attributed as reasons for the rising cost of tying the knot in today’s day and age. To understand why couples are choosing to spend the extra dough we must look at the consumption environment in the post-pandemic world. While products and services for any event can become expensive, especially with grander versions, wedding expenses stand out for being disproportionately high. According to WeddingWire’s 2018 report on the modern matrimonial experience, some traditions (such as sharing a first dance) have stood the test of time, while new trends are emerging simultaneously. Couples are getting more creative when it comes to making their special day feel undoubtedly “them.” The study outlines a few of the main avenues of spending:

  • 40 percent have unique musical choices during the ceremony (e.g. bagpipes).
  • 21 percent add local elements based on the city where the couple met or grew up (e.g. food or decor).
  • 18 percent include ceremonial customs related to their ethnicity/religion (e.g. jumping the broom).
  • 17 percent hire special or out-of-the-box entertainment for guests (e.g. fortune tellers, caricature artists).

How do expensive celebrity weddings influence trends?

When it comes to the most expensive weddings in the world, pioneering trends are often born as a result of them. Take Bollywood stars Alia Bhatt, Deepika Padukone, and Sonam Kapoor. When the three actresses decided to swap the traditional red palette for a more timeless shade of white, Indian brides-to-be followed suit. “White is already the go-to bridal colour in several Indian states like Kerala, Assam, and Gujarat. But there is a considerable change in the mainstream colour palette too now. More brides are opting for white, ivory, and off-white to match their contemporary vision for their big day,” explained designer Ridhi Mehra to Mint Lounge, adding that her white lehengas were particularly popular for day-time weddings. So, which of the world’s wealthiest people feature on the list of the most expensive weddings? We take a look.

The most expensive weddings in the world

1. Priya Sachdev to Vikram Chatwal – USD 20 million

most expensive weddings in the world
Vikram Chatwal with Priya Sachdev during their 2006 wedding. (Image: Amit Bhargava for The New York Times)

Spread over 10 days and three cities with 600 guests flown in privately from 26 countries  — globe-trotting hotelier Vikram Chatwal, and former investment banker-turned-model Priya Sachdev’s wedding was far from a simple affair. Chartered flights were the only mode of transport for this multimillion-dollar nuptial. “So we started in Bombay, which is called the gateway to India, and then we moved to Udaipur and then on to Delhi,” Mr. Chatwal told New York Times in the months after his 2006 wedding. “A lot of my friends had never been there so I really wanted to show them the country,” he added. Apart from the influential attendees, American heavyweights like Bill Clinton, model Patricia Velasquez, and Naomi Campbell, a coterie of Indian dignitaries like India’s then-Prime Minister Manmohan Singh, spiritual guru Deepak Chopra, the HRH Prince Nikolaos of Greece, and industrialist Lakshmi Mittal, were just some of the few starry names on the guest list. This multi-city extravaganza was estimated to cost a whopping USD 20 million and saw a traditional Sikh ceremony, a Mughal-court-inspired white party, a pool party set against the landscape of a 1760 fort as well as Chatwal leading the customary half-mile procession atop a white horse. “It’s the biggest wedding I’ve ever done,” said New Delhi–based wedding planner Vandana Mohan to New York Mag. Her duties included overseeing 14 special hospitality desks set up at each hotel and a fleet of 70 private cars for the three-city caravan. Fifty thousand kilos of flowers were shipped in from Holland, Bangkok, and Calcutta; a total of 3,000 candles were burned, and the crew went through 65,000 metres of fabric for the decor. Despite executing one of the most expensive weddings in the world, the couple parted ways just five years later in 2011.

2. Prince Felipe of Spain and Letizia Ortiz Rocasolano – Between USD 28-54 million

Marrying into royalty is one dream we’re all guilty of harbouring but it was Spanish-born Letizia Ortiz who turned it into a reality in 2004. Elevating her status from anchorwoman to nobility, Ortiz married Spain’s then-heir, Prince Felipe in a lavish wedding that kept 25 million viewers enraptured in its dreamy commoner-to-queen fantasy. Nothing about their union was run of the mill. Had the television journalist not been sent to cover a 2002 story of a major oil tank disaster, which her prince presided over, the couple would’ve never crossed paths. Naturally, Prince Felipe proposed with a one-of-a-kind ring featuring 16 diamonds and crafted by Suárez Jewellery, a Spanish brand established in 1943. The Express reported it’s worth USD 25, 495. Swapping her flashier diamond engagement ring for a minimal gold band, Felipe and Ortiz’s wedding was nothing short of spectacular. After all, it was the first royal nuptials the country had seen in close to a century. More than 1,200 guests attended the grand function, which included princely elites like Prince Albert of Monaco, Charles, Prince of Wales, the Crown Princess Victoria of Sweden, and other representatives from 36 royal houses and heads of state. Culminating at Madrid’s Almeduna Cathedral, the wedding saw the would-be-queen arriving at the location in a chauffeured Rolls-Royce Phantom IV while flaunting her sublime USD 8 million dress designed by Manuel Pertegaz.

most expensive weddings in the world
Prince Felipe and Letizia Ortiz Rocasolano after their nuptials in Madrid. (Image: Ramon Espinosa/ AP)

Although Ortiz’s lineage might’ve been more ordinary, her bridal outfit reflected her impending elevation with heirloom pieces picked out from ancestral wardrobes. The spotlight accessory took the form of the historical Prussian tiara, crafted by the German court jeweler, Koch, in 1913. A loan from her mother-in-law, Queen Sofia of Spain, who inherited it from her mother, Queen Friederike of the Hellenes, this exquisite sparkler featured a pear-shaped double diamond cluster pendant in the centre. Apart from the bridal tapestry, delectable fare the likes of breaded scallops, croquettes, and chocolate serpentine cake flowed in abundance as the world’s royal elite welcomed their newest member. It was later revealed that the joint forces of the government at the time and the Royal House dished out somewhere between USD 28 to 54 million for the celebrations.

3. Huang Xiaoming and Angela Yeung Wing – USD 31 million

 

 
 
 
 
 
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What do you get when an influencer decides she’s ready to get hitched? One of the most expensive weddings in the world, obviously! Actress, singer, and model Angela Yeung — better known as “Angelababy” — tied the knot with actor Huang Xiaoming in October 2015, in a flashy ceremony that inevitably incited jealousy. The cavernous Shanghai Conventional Centre was the venue selected for the affair, with its screen-lined interiors displaying the couple’s Parisian pre-wedding film— Angelababy flaunting her Elie Saab gowns for the extended screentime.

most expensive weddings in the world
Angelbaby’s diamond ring by Chaumet was one of the highlights of her nuptials, which was among the most expensive weddings in the world. (Image: Angela Yeung Wing via Instagram)

If the ambience wasn’t elaborate enough, chances are you’re going to need to sit down when you see the ring. Crafted by Parisian designer Chaumet, the USD 1.5 million accessory featured a five-carat pear-shaped diamond with another half-carat of diamonds embellishing it. For the ceremony, Angelababy wore a custom Christian Dior gown. which according to Forbes, took five months to create. Additional details revealed the couture ensemble featured “115 feet of ivory satin organza and 165 feet of tulle…a 10-foot-long train and nearly 100 hand-cut rose bouquets made of Chantilly lace.” A total of 2,000 guests, including Hong Kong’s biggest celebrities, made their appearances at this live-streamed event as a 10-foot-tall wedding cake kept them company. Even the carousel-shaped dessert wasn’t a simple decision considering the chefs took a month to create it. Architectural installations like a holographic castle, stained-glass window lights, and a giant wall of flowers adorned the location as guests were treated to elaborate gift bags containing cell phones and other “essentials”. Despite their success in hand-crafting a viral wedding, the couple eventually parted ways in 2022.

4. Kate Middleton to Prince William – USD 33 million

most expensive weddings in the world
most expensive weddings in the world
most expensive weddings in the world

In the months leading up to April 2011, all the world could fixate on was the upcoming British royal wedding. Kate Middleton, “commoner” by origin, was all set to join the imperial machinery after saying yes to her university boyfriend of nine years, Prince William of England. As close to 1,900 hand-picked guests made their way to the three-event ceremony – the wedding, out of which, was held at the landmark Westminster Abbey – over 160 million viewers from 188 countries watched alongside. Not only did Britain observe a national holiday for the monarchial matrimony, but celebratory events were also held in Canada and other Commonwealth nations. Despite the USD 800,000 price tag on the flowers or the USD 434,000 Sarah Burton-designed Alexander McQueen gown, the most significant expenditure in Kate and William’s wedding was security – accounting for USD 32 million of the total cost. If the logistics were an expensive affair, the couple ensured their guests were treated with nothing but the best. The reception menu boasted of fresh crabs sourced from Lyme Bay, Hebridean langoustines, North Highland organic lamb from Prince Charles‘s organic farm and a heavenly eight-tier fruit cake created by Fiona Cairns. Singer Ellie Goulding was asked to perform for William’s intimate dinner party. Even the decor at Westminster Abbey was reminiscent of a fairytale – six English Field Maple trees and two Hornbeam trees, all of which were 20 feet high, were incorporated into the church’s architecture as a long red carpet ran the length of the aisle from double the doors to the altar. With 72 million streams worldwide, the wedding was featured in the 2012 Guinness Book of World Records for the “Most Live Streams for a Single Event”, beating Michael Jackson’s memorial service in 2009.

5. Madelaine Brockway and Jacob Lagrone – USD 59 million

 
 
 
 
 
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Emerging from the depths of the internet, Madelaine and Jacob’s USD 59 million nuptials left TikTok users in a state of awe. Netizens combined their detective skills to uncover Madelaine’s background — only to discover she’s the heiress of car dealership tycoon, Robert “Bob” Brockway, who serves as the Chairman and CEO of Bill Ussery Motors. The extravagant Parisian wedding had to be the only way to celebrate the couple’s big day.

Madelaine Brockway and Jacob Lagrone‘s choice of location — Chateau de Villette astonished onlookers and social media users with its unprecedented decor. Madelaine, resplendent in a custom Dior haute couture gown adorned with Lily of the Valley – her favoured bloom, glided down the aisle, framed by the Chateau’s symmetry. The aisle led to a floating platform in the fountain where vows were exchanged, creating an epic tableau with the most Instagrammable backdrop.

Two meticulously constructed greenhouses, symmetrical to the Chateau, flanked the aisle. Dinner, hosted in a bespoke white greenhouse by Lecoperture, mirrored the couple’s commitment to a light aesthetic, with Lily of the Valley delicately embroidered on every table accessory — from napkins to the menus. The greenhouse was transformed into a vibrant nightclub for the after-party, featuring a sunken marble dance floor where the couple shared a first dance to Maroon 5’s “She Will Be Loved.” Of course, it was a live performance with Adam Levine in attendance!

Collaborating seamlessly with the couple, the wedding unfolded as a detailed and breathtaking spectacle, embracing Madelaine’s affection for the intricately designed staircases at Opera de Paris. Tablescapes, adorned with carefully chosen pastels and hand-painted porcelain by Marie Daâge, paid homage to centuries-old French artistry.

While TikTok labelled it the “wedding of the century”, the intense social media glare proved to be counterproductive as the news of Jacob being convicted of criminal charges began to circulate. In March, LaGrone was indicted for firing a gun at police officers, reported The Washington Post. If convicted, he could face between fewer than five years in prison to a life sentence. Since the news broke, Madelaine has made her social media accounts private.

6. Prince Harry and Meghan Markle – USD 63 million

Perhaps the beginning of the end, Prince Harry and Meghan Markle’s 2018 wedding can easily be considered the turning point for modern British politics. An American actress by profession, Meghan’s biracial outsider status promised a departure from imperial traditions and the birth of a new mixed bloodline unseen within British royalty. The world watched with renewed hope as the couple made their way to St George’s Chapel in Windsor alongside a hand-selected roster of 600 guests. Two thousand others waited for them in the royal gardens with millions more tuning in globally for the historic event. Politicians, members of royalty, and Hollywood stars like George and Amal Clooney, Idris Elba, Tom Hardy, James Corden, Sir Elton John, and countless others showed up. Some figures even estimated that the wedding generated USD 1.27 billion for the British economy, including an additional USD 382 million brought in by foreign tourists and USD 63.74 million spent on merchandise and souvenirs. To mark her last televised appearance as Miss Markle, Meghan chose a pristine silk organza gown designed by Clare Waight Keller under the aegis of the fashion house Givenchy. Cartier took care of the accessories department, dressing the would-be bride in their white gold and diamond earrings and bracelet while Dior’s make-up artist Daniel Martin did Markle’s look for the occasion. Apart from the bridal costs, orders for the cake, the florist, and the catering had been estimated by the BBC to cost £50,000, £110,000, and £286,000 respectively, all of which would be footed by the British royal family. ( USD 63,740, USD 140230, and USD 364,590 approximately) Two choirs, one orchestra, the chapel organ played by Luke Bond, and fanfare trumpeters were hired and provided the much-needed music for the event.

7. Vanisha Mittal to Amit Bhattia – USD 65 million


Apart from inheriting a USD 16.6 billion fortune, Vanisha knew her last name carried the weight of her industrialist lineage. After all, being the only daughter of steel tycoon Lakshmi Mittal translates to some perks like featuring on the list of the world’s most expensive weddings. Apart from turning a number of France’s iconic locations like the Palace of Versailles, Vaux-le-Vicomte, and Jardin de Tuileries into Indian dreamscapes, the six-day event in 2004 saw the popstar Kylie Minogue fill in the role of wedding performer. Her USD 254,600 fees was just one of the many bills settled by Mittal for the wedding – an event which saw 1,000 guests flown in from all over the world. Upon accepting the 20-page silver-plated invitation, invitees received flight tickets and 5-star accommodations at the Intercontinental Paris – Le Grand in exchange for their precious time. Father Mittal even rented out 12 Boeing jets to ferry his globetrotting guests, as well as the 35 Mumbai-based craftsmen responsible for erecting a massive mandap in the estate’s sprawling gardens. To execute the quintessential big fat Indian wedding, Bollywood forms an integral ingredient. Since with money comes power and with power comes influential friends, superstars like Shah Rukh Khan, Aishwarya Rai, Akshay Kumar, Rani Mukherji, Juhi Chawla and Saif Ali Khan were obvious features on the glitzy guest list. Fireworks at the Eiffel Tower, over 100 dishes prepared by top Indian chefs and a wine bill reaching up to USD 2 million only go onto testify the massive wealth Mittal had amassed in his 28 year career. Indian couture designers Tarun Tahiliani, Suneet Varma and the duo Abu Jani-Sandeep Khosla were helmed the outfit department as guests feasted on 100+ delicacies perfected by chef, Munna Maharaj. While the festivities earned Vanisha and Amit the title of “most expensive wedding” in the Guiness Book of World Records, the Mittal-Bhatia marriage ended in divorce in 2014.

8. Rajeev Reddy and Brahmani Janardhana Reddy – USD 74 million



As common folk queued outside ATMs in the wake of the BJP-backed decision to demonitise certain Indian currencies, the swanky wedding of Brahmani Reddy – daughter of mining baron G. Janardhan Reddy – attracted widespread criticism. Held at Bangalore’s Palace Grounds with a monumental guest list of 50,000 attendees, the Reddy nuptials saw several of the country’s aristocrats, politicians and celebrities flock to the venue. If the timing of the wedding appeared tone-deaf to netizens, it was the flashy LCD-screen invites that had created a storm earlier. Giant helium balloons with pictures of the family bobbed overhead at the venue while majestic replicas of Hampi’s Purandara temple, Lotus Mahal, Mahanavami Dibba and the Vijaya Vittala Temple welcomed the guests. At the ceremony itself, Brahmani took her pheras in a red and gold Kanjeevaram sari worth around USD 2.3 million. Her enviable jewellery pieces amounting for another USD 12 million. A task force of 3,000 security men and 500 bouncers in black suits surveilled the place. Almost every luxury hotel within a five-km radius of the venue was booked for guests. 500 dancers were also hand-picked from troupes in Chennai and Hyderabad. Even the two mechanical elephants flanking the entrance of the venue came with a rental cost of USD 850 per day, reported NDTV. 

9. Isha Ambani and Anand Piramal –USD 100 million

Born with a last name that needs no introduction, Isha Ambani’s multi-city, multi-event union with industrialist Anand Piramal in 2018 altered the existing landscape of celebrity weddings. The modern-day heiress with the very profitable Relaince Industries chalked into her inheritance began her bridal journey with a roka ceremony at her family’s multimillion-dollar Mumbai home, Antilia. “The wedding went off beautifully. Like any other bride, I had my share of bridal jitters but getting married at home made it very special and I had the time of my life celebrating my most memorable moments with all the people I love,” Isha revealed to Vogue India at the time. The real party began in Italy’s Lake Como a couple of weeks, where the couple celebrated their engagement with a luxurious daytime event. Out came Isha’s Dolce & Gabbana gown as performances by Indian favourites Shaan and Pritam, as well as award-winning singer-songwriter John Legend, entertained the celebrity guests. Perhaps the most indulgent expense from the pre-wedding ceremonies came in the form of a private performance by Beyoncé — the first of its kind for the musical legend. High-profile attendees like Hillary Clinton, Arianna Huffington, Nick Jonas, and Priyanka Chopra as a bevy of Bollywood big whigs like Shah Rukh Khan, members of the Kapoor clan, and other A-listers arrived in their best wedding wear. The date for the holy matrimony was finalised for December 12, 2018– giving production crews a generous seven months to pull of one of the world’s most expensive weddings.  Gold-encrusted invitations amounting to nearly USD 4,000 were sent out to the guests. On the day of the wedding, not only was the Ambani residence was decked with fresh blooms, even the street leading up to the venue was dotted with yellow and orange marigolds. Isha put designer duo Abu Jani and Sandeep Khosla in-charge of her finale outfit – a 16-panel lehenga-choli, which reportedly came with a price tag of USD 12 million.

10. Lady Diana Spencer to Prince Charles – USD 115 million

Held at London’s St Paul’s Cathedral, Lady Diana and Prince Charles‘ July wedding in 1981 was widely billed as a “fairytale”. At a time when the world was still two decades away from the internet, this British royal wedding amassed a staggering broadcast viewership of 750 million people worldwide. A total of 3,500 guests were invited to the stately affair, as two more million spectators lined the route of Diana’s procession. Three choirs and three orchestras played their tunes as the newest royal member walked the aisle in a USD 46,785-worth ivory silk taffeta dress, decorated with lace, hand embroidery, sequins, and 10,000 pearls. The designers credited for the exquisite design were British duo, Elizabeth and David Emanuel. Governors-generals of the Commonwealth nations, as well as many of the reigning European monarchs at the time, made their way to the English capital. Fireworks displays above Hyde Park and 100 beacons were lit up across the country to commemorate the royal wedding. Interestingly, the event saw a grand total of 27 cakes being presented to the couple. The cost of the wedding was later estimated to be USD 48 million in total (between USD 70 million and USD 110 million when adjusted for inflation), with USD 600,000 being spent on security alone.

11. Chandni Toor to Seemanto Roy and Richa Roy to Sushanto Roy – USD 123 million

most expensive weddings in the world
The Roy family pictured with star-studded guests at the event, one of the most expensive weddings in the world. (Image: AFP)

Before it all went downhill for the Sahara head honcho, Subroto Roy enjoyed the status of pulling off the world’s most expensive wedding for his two sons, Seemanto and Sushanto. Dishing out a whopping USD 75 million in 2004, the double nuptials descended to Lucknow’s Sahara India township with an 11,000-strong guestlist. Naturally, the entire town underwent a major revamp to reflect the family’s love for contemporary aesthetics. The six-day extravaganza saw no stone left unturned– gold napkins welcoming guests upon arrival, a fleet of 200 Mercedes cars for inter-city transport, and chartering 27 of his company jets. For entertainment, there was live music by the British Symphony Orchestra while famous Indian choreographer Shiamak Davar took centre stage with a band of world-class dancers. A scrumptious array of over 100 different cuisines were prepared by the chefs at Taj Group of Hotels. While designers Rohit Bal and Sabyasachi designed for the families, Bollywood icons Amitabh Bachchan and Aishwarya Rai mingled with the guests. In addition to the elaborate celebrations, Roy’s philanthropic offerings were extended to 150,000 homeless people. The family reportedly sponsored the marriages of 101 underprivileged girls as part of the festivities.

12. Sheikha Hind Bint bin Maktoum to Sheikh Mohammed bin Rashid Al Maktoum – USD 137 million

Taking the crown for the most expensive wedding in the world is Emirati royal Bin Rashid who married his first cousin, Princess Sheikha. Costing an eye-watering sum of USD 45 million in 1979, this week-long extravaganza was accompanied by a five-day nationwide holiday. When the prince first decided to wed, not many locations in Dubai could hold a gathering of over 20,000 guests. Unfazed, the family built the venue from the ground up and adorned it with traditional musicians, and dancers. A fleet of 20 camels embellished with jewels were utilised for delivering gifts to the bride. To arrange for similar fanfare today, the estimated cost would be close to USD 137 million.


The royal wedding was the first occasion in which Dubai’s Police Air Wing performed a public flying display. Five Macchi Jet Fighters flew in formation over Zabeel Palace whilst performing aerobatics. As the Grand Finale act, one of the fighter jets encircled the Dubai Trade Centre Building above as horseback riders trotted into formation below. The official inside photos of this upscale wedding were never released to the public.

Other honourable mentions

Akash Ambani and Shloka Mehta (2019) – undisclosed

most expensive weddings in the world
Akash Ambani and Shloka Mehta during their wedding ceremony. (Image: Viral Bhayani)

In only a few months after his younger sister, Isha’s wedding, the eldest Ambani son decided it was his turn to tie the knot. While there has been considerable debate about the cost of this Mumbai-St.Moritz-hopping spectacle, there is unanimity in the view that several millions of dollars were spent. Features included a 300-strong pre-wedding bash in the Swiss Alps with musical performances by Coldplay’s Chris Martin and The Chainsmokers, private jets to ferry the prolific guests, 5-star accommodation, and an ostentatious display of couture ensembles– all culminating to a Mumbai-based ceremony that saw global leaders like former British PM Tony Blair, Google CEO Sundar Pichai and almost every other Bollywood star in attendance.

Michael Jordan and Yvette Prieto (2013) – USD 10 million

most expensive weddings in the world
Michael Jordan with his wife Yvette Prieto during their 2013 nuptials, which ranks among the most expensive weddings in the world. (Image: Michael Jordan/Instagram)

The basketball legend’s second wedding to model Yvette Prieto in April 2013 reportedly cost USD 10 million dollars – barely a dent when you consider Jordan’s massive USD 2 billion net worth. The 300-guest event, held at Bear’s Club in Florida, was the hotspot for the night for celebs like Tiger Woods, Spike Lee, and live performances from Usher, K’Jon, and Robin Thicke. The model chose a custom J’Aton Couture wedding dress, decked out in Swarovski crystals for her big night.

Lolita Osmanova and Gaspar Avdolyan- USD 10 million

 

 
 
 
 
 
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Bringing that big Russian energy to LA, Lolita Osmanova — the 22-year-old daughter of energy oligarch Eldar Osmanav, married 29-year-old Gaspar Avdolyan, son of telecoms millionaire Albert Avdolyan, at the Dolby Theatre in 2017. Yes, the venue that hosts the Oscars! As violinists and performers serenaded guests, the capacious venue was transformed into a contemporary art installation complete with ornate floral decorations and a gold aisle. For the headlining acts, Jason Derulo and Lady Gaga lent their vocal talents to the newlyweds, which reportedly cost USD 2 million alone. (Main and featured image: Getty Images, Isha Ambani via Instagram)

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What are weddings if not the most expensive occasion in a couple’s life? As an opening act to married life, weddings have transformed into an event where no fantasy is wild enough to execute, especially if the budget is non-existent. For the rich and famous, “I do’s” are embellished with private island destinations, endless rounds of the best champagne, and couture outfits handmade by the best designers the world has to offer. From royalty to entertainment personalities, we take a look at the 15 most expensive weddings in the world. For centuries, weddings have been a socially-accepted expenditure, with the affluent going to great lengths to impress their guests. Industrialists, celebrities, and members of royalty have emerged as the top players in this segment— with several nuptials running into millions for their lavish, one-of-a-kind features. While some grooms opt for the classic helicopter arrival, others have gone the extra mile by creating specialised locations to accommodate their illustrious attendees. Arranging for an exclusive performance by Beyonce, or flying in Italy’s best florist for your decor are add-ons that might not come cheap but for the world’s 1%, it’s just spare change.

Why are weddings becoming more expensive?

Whether you’re someone who’s had wedding lust their entire life or prefer smaller, more intimate ceremonies, there’s no denying that they’re becoming pricier than ever. A study published in The Asean Post indicates that wedding costs in Southeast Asia are witnessing a sharp rise. Looking at Hong Kong more exclusively, the average cost of getting married in the city rose by 10 percent in 2022 to HKD 360,577 (approximately USD 45,982), according to online lifestyle media and e-business company ESDlife. Spending on each wedding item witnessed double-digit growth after two years of post-pandemic lag –from pre-wedding photography, and engagement rings to honeymoon packages. Rising inflation rates as well as exposure to social media trends can also be attributed as reasons for the rising cost of tying the knot in today’s day and age. To understand why couples are choosing to spend the extra dough we must look at the consumption environment in the post-pandemic world. While products and services for any event can become expensive, especially with grander versions, wedding expenses stand out for being disproportionately high. According to WeddingWire’s 2018 report on the modern matrimonial experience, some traditions (such as sharing a first dance) have stood the test of time, while new trends are emerging simultaneously. Couples are getting more creative when it comes to making their special day feel undoubtedly “them.” The study outlines a few of the main avenues of spending:

  • 40 percent have unique musical choices during the ceremony (e.g. bagpipes).
  • 21 percent add local elements based on the city where the couple met or grew up (e.g. food or decor).
  • 18 percent include ceremonial customs related to their ethnicity/religion (e.g. jumping the broom).
  • 17 percent hire special or out-of-the-box entertainment for guests (e.g. fortune tellers, caricature artists).

How do expensive celebrity weddings influence trends?

When it comes to the most expensive weddings in the world, pioneering trends are often born as a result of them. Take Bollywood stars Alia Bhatt, Deepika Padukone, and Sonam Kapoor. When the three actresses decided to swap the traditional red palette for a more timeless shade of white, Indian brides-to-be followed suit. “White is already the go-to bridal colour in several Indian states like Kerala, Assam, and Gujarat. But there is a considerable change in the mainstream colour palette too now. More brides are opting for white, ivory, and off-white to match their contemporary vision for their big day,” explained designer Ridhi Mehra to Mint Lounge, adding that her white lehengas were particularly popular for day-time weddings. So, which of the world’s wealthiest people feature on the list of the most expensive weddings? We take a look.

The most expensive weddings in the world

1. Priya Sachdev to Vikram Chatwal – USD 20 million

most expensive weddings in the world
Vikram Chatwal with Priya Sachdev during their 2006 wedding. (Image: Amit Bhargava for The New York Times)

Spread over 10 days and three cities with 600 guests flown in privately from 26 countries  — globe-trotting hotelier Vikram Chatwal, and former investment banker-turned-model Priya Sachdev’s wedding was far from a simple affair. Chartered flights were the only mode of transport for this multimillion-dollar nuptial. “So we started in Bombay, which is called the gateway to India, and then we moved to Udaipur and then on to Delhi,” Mr. Chatwal told New York Times in the months after his 2006 wedding. “A lot of my friends had never been there so I really wanted to show them the country,” he added. Apart from the influential attendees, American heavyweights like Bill Clinton, model Patricia Velasquez, and Naomi Campbell, a coterie of Indian dignitaries like India’s then-Prime Minister Manmohan Singh, spiritual guru Deepak Chopra, the HRH Prince Nikolaos of Greece, and industrialist Lakshmi Mittal, were just some of the few starry names on the guest list. This multi-city extravaganza was estimated to cost a whopping USD 20 million and saw a traditional Sikh ceremony, a Mughal-court-inspired white party, a pool party set against the landscape of a 1760 fort as well as Chatwal leading the customary half-mile procession atop a white horse. “It’s the biggest wedding I’ve ever done,” said New Delhi–based wedding planner Vandana Mohan to New York Mag. Her duties included overseeing 14 special hospitality desks set up at each hotel and a fleet of 70 private cars for the three-city caravan. Fifty thousand kilos of flowers were shipped in from Holland, Bangkok, and Calcutta; a total of 3,000 candles were burned, and the crew went through 65,000 metres of fabric for the decor. Despite executing one of the most expensive weddings in the world, the couple parted ways just five years later in 2011.

2. Prince Felipe of Spain and Letizia Ortiz Rocasolano – Between USD 28-54 million

Marrying into royalty is one dream we’re all guilty of harbouring but it was Spanish-born Letizia Ortiz who turned it into a reality in 2004. Elevating her status from anchorwoman to nobility, Ortiz married Spain’s then-heir, Prince Felipe in a lavish wedding that kept 25 million viewers enraptured in its dreamy commoner-to-queen fantasy. Nothing about their union was run of the mill. Had the television journalist not been sent to cover a 2002 story of a major oil tank disaster, which her prince presided over, the couple would’ve never crossed paths. Naturally, Prince Felipe proposed with a one-of-a-kind ring featuring 16 diamonds and crafted by Suárez Jewellery, a Spanish brand established in 1943. The Express reported it’s worth USD 25, 495. Swapping her flashier diamond engagement ring for a minimal gold band, Felipe and Ortiz’s wedding was nothing short of spectacular. After all, it was the first royal nuptials the country had seen in close to a century. More than 1,200 guests attended the grand function, which included princely elites like Prince Albert of Monaco, Charles, Prince of Wales, the Crown Princess Victoria of Sweden, and other representatives from 36 royal houses and heads of state. Culminating at Madrid’s Almeduna Cathedral, the wedding saw the would-be-queen arriving at the location in a chauffeured Rolls-Royce Phantom IV while flaunting her sublime USD 8 million dress designed by Manuel Pertegaz.

most expensive weddings in the world
Prince Felipe and Letizia Ortiz Rocasolano after their nuptials in Madrid. (Image: Ramon Espinosa/ AP)

Although Ortiz’s lineage might’ve been more ordinary, her bridal outfit reflected her impending elevation with heirloom pieces picked out from ancestral wardrobes. The spotlight accessory took the form of the historical Prussian tiara, crafted by the German court jeweler, Koch, in 1913. A loan from her mother-in-law, Queen Sofia of Spain, who inherited it from her mother, Queen Friederike of the Hellenes, this exquisite sparkler featured a pear-shaped double diamond cluster pendant in the centre. Apart from the bridal tapestry, delectable fare the likes of breaded scallops, croquettes, and chocolate serpentine cake flowed in abundance as the world’s royal elite welcomed their newest member. It was later revealed that the joint forces of the government at the time and the Royal House dished out somewhere between USD 28 to 54 million for the celebrations.

3. Huang Xiaoming and Angela Yeung Wing – USD 31 million

 
 
 
 
 
 
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What do you get when an influencer decides she’s ready to get hitched? One of the most expensive weddings in the world, obviously! Actress, singer, and model Angela Yeung — better known as “Angelababy” — tied the knot with actor Huang Xiaoming in October 2015, in a flashy ceremony that inevitably incited jealousy. The cavernous Shanghai Conventional Centre was the venue selected for the affair, with its screen-lined interiors displaying the couple’s Parisian pre-wedding film— Angelababy flaunting her Elie Saab gowns for the extended screentime.

most expensive weddings in the world
Angelbaby’s diamond ring by Chaumet was one of the highlights of her nuptials, which was among the most expensive weddings in the world. (Image: Angela Yeung Wing via Instagram)

If the ambience wasn’t elaborate enough, chances are you’re going to need to sit down when you see the ring. Crafted by Parisian designer Chaumet, the USD 1.5 million accessory featured a five-carat pear-shaped diamond with another half-carat of diamonds embellishing it. For the ceremony, Angelababy wore a custom Christian Dior gown. which according to Forbes, took five months to create. Additional details revealed the couture ensemble featured “115 feet of ivory satin organza and 165 feet of tulle…a 10-foot-long train and nearly 100 hand-cut rose bouquets made of Chantilly lace.” A total of 2,000 guests, including Hong Kong’s biggest celebrities, made their appearances at this live-streamed event as a 10-foot-tall wedding cake kept them company. Even the carousel-shaped dessert wasn’t a simple decision considering the chefs took a month to create it. Architectural installations like a holographic castle, stained-glass window lights, and a giant wall of flowers adorned the location as guests were treated to elaborate gift bags containing cell phones and other “essentials”. Despite their success in hand-crafting a viral wedding, the couple eventually parted ways in 2022.

4. Kate Middleton to Prince William – USD 33 million

most expensive weddings in the world most expensive weddings in the world most expensive weddings in the world

In the months leading up to April 2011, all the world could fixate on was the upcoming British royal wedding. Kate Middleton, “commoner” by origin, was all set to join the imperial machinery after saying yes to her university boyfriend of nine years, Prince William of England. As close to 1,900 hand-picked guests made their way to the three-event ceremony – the wedding, out of which, was held at the landmark Westminster Abbey – over 160 million viewers from 188 countries watched alongside. Not only did Britain observe a national holiday for the monarchial matrimony, but celebratory events were also held in Canada and other Commonwealth nations. Despite the USD 800,000 price tag on the flowers or the USD 434,000 Sarah Burton-designed Alexander McQueen gown, the most significant expenditure in Kate and William’s wedding was security – accounting for USD 32 million of the total cost. If the logistics were an expensive affair, the couple ensured their guests were treated with nothing but the best. The reception menu boasted of fresh crabs sourced from Lyme Bay, Hebridean langoustines, North Highland organic lamb from Prince Charles‘s organic farm and a heavenly eight-tier fruit cake created by Fiona Cairns. Singer Ellie Goulding was asked to perform for William’s intimate dinner party. Even the decor at Westminster Abbey was reminiscent of a fairytale – six English Field Maple trees and two Hornbeam trees, all of which were 20 feet high, were incorporated into the church’s architecture as a long red carpet ran the length of the aisle from double the doors to the altar. With 72 million streams worldwide, the wedding was featured in the 2012 Guinness Book of World Records for the “Most Live Streams for a Single Event”, beating Michael Jackson’s memorial service in 2009.

5. Madelaine Brockway and Jacob Lagrone – USD 59 million

 
 
 
 
 
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Emerging from the depths of the internet, Madelaine and Jacob’s USD 59 million nuptials left TikTok users in a state of awe. Netizens combined their detective skills to uncover Madelaine’s background — only to discover she’s the heiress of car dealership tycoon, Robert “Bob” Brockway, who serves as the Chairman and CEO of Bill Ussery Motors. The extravagant Parisian wedding had to be the only way to celebrate the couple’s big day.

Madelaine Brockway and Jacob Lagrone‘s choice of location — Chateau de Villette astonished onlookers and social media users with its unprecedented decor. Madelaine, resplendent in a custom Dior haute couture gown adorned with Lily of the Valley – her favoured bloom, glided down the aisle, framed by the Chateau’s symmetry. The aisle led to a floating platform in the fountain where vows were exchanged, creating an epic tableau with the most Instagrammable backdrop.

Two meticulously constructed greenhouses, symmetrical to the Chateau, flanked the aisle. Dinner, hosted in a bespoke white greenhouse by Lecoperture, mirrored the couple’s commitment to a light aesthetic, with Lily of the Valley delicately embroidered on every table accessory — from napkins to the menus. The greenhouse was transformed into a vibrant nightclub for the after-party, featuring a sunken marble dance floor where the couple shared a first dance to Maroon 5’s “She Will Be Loved.” Of course, it was a live performance with Adam Levine in attendance!

Collaborating seamlessly with the couple, the wedding unfolded as a detailed and breathtaking spectacle, embracing Madelaine’s affection for the intricately designed staircases at Opera de Paris. Tablescapes, adorned with carefully chosen pastels and hand-painted porcelain by Marie Daâge, paid homage to centuries-old French artistry.

While TikTok labelled it the “wedding of the century”, the intense social media glare proved to be counterproductive as the news of Jacob being convicted of criminal charges began to circulate. In March, LaGrone was indicted for firing a gun at police officers, reported The Washington Post. If convicted, he could face between fewer than five years in prison to a life sentence. Since the news broke, Madelaine has made her social media accounts private.

6. Prince Harry and Meghan Markle – USD 63 million

Perhaps the beginning of the end, Prince Harry and Meghan Markle’s 2018 wedding can easily be considered the turning point for modern British politics. An American actress by profession, Meghan’s biracial outsider status promised a departure from imperial traditions and the birth of a new mixed bloodline unseen within British royalty. The world watched with renewed hope as the couple made their way to St George’s Chapel in Windsor alongside a hand-selected roster of 600 guests. Two thousand others waited for them in the royal gardens with millions more tuning in globally for the historic event. Politicians, members of royalty, and Hollywood stars like George and Amal Clooney, Idris Elba, Tom Hardy, James Corden, Sir Elton John, and countless others showed up. Some figures even estimated that the wedding generated USD 1.27 billion for the British economy, including an additional USD 382 million brought in by foreign tourists and USD 63.74 million spent on merchandise and souvenirs. To mark her last televised appearance as Miss Markle, Meghan chose a pristine silk organza gown designed by Clare Waight Keller under the aegis of the fashion house Givenchy. Cartier took care of the accessories department, dressing the would-be bride in their white gold and diamond earrings and bracelet while Dior’s make-up artist Daniel Martin did Markle’s look for the occasion. Apart from the bridal costs, orders for the cake, the florist, and the catering had been estimated by the BBC to cost £50,000, £110,000, and £286,000 respectively, all of which would be footed by the British royal family. ( USD 63,740, USD 140230, and USD 364,590 approximately) Two choirs, one orchestra, the chapel organ played by Luke Bond, and fanfare trumpeters were hired and provided the much-needed music for the event.

7. Vanisha Mittal to Amit Bhattia – USD 65 million

Apart from inheriting a USD 16.6 billion fortune, Vanisha knew her last name carried the weight of her industrialist lineage. After all, being the only daughter of steel tycoon Lakshmi Mittal translates to some perks like featuring on the list of the world’s most expensive weddings. Apart from turning a number of France’s iconic locations like the Palace of Versailles, Vaux-le-Vicomte, and Jardin de Tuileries into Indian dreamscapes, the six-day event in 2004 saw the popstar Kylie Minogue fill in the role of wedding performer. Her USD 254,600 fees was just one of the many bills settled by Mittal for the wedding – an event which saw 1,000 guests flown in from all over the world. Upon accepting the 20-page silver-plated invitation, invitees received flight tickets and 5-star accommodations at the Intercontinental Paris – Le Grand in exchange for their precious time. Father Mittal even rented out 12 Boeing jets to ferry his globetrotting guests, as well as the 35 Mumbai-based craftsmen responsible for erecting a massive mandap in the estate’s sprawling gardens. To execute the quintessential big fat Indian wedding, Bollywood forms an integral ingredient. Since with money comes power and with power comes influential friends, superstars like Shah Rukh Khan, Aishwarya Rai, Akshay Kumar, Rani Mukherji, Juhi Chawla and Saif Ali Khan were obvious features on the glitzy guest list. Fireworks at the Eiffel Tower, over 100 dishes prepared by top Indian chefs and a wine bill reaching up to USD 2 million only go onto testify the massive wealth Mittal had amassed in his 28 year career. Indian couture designers Tarun Tahiliani, Suneet Varma and the duo Abu Jani-Sandeep Khosla were helmed the outfit department as guests feasted on 100+ delicacies perfected by chef, Munna Maharaj. While the festivities earned Vanisha and Amit the title of “most expensive wedding” in the Guiness Book of World Records, the Mittal-Bhatia marriage ended in divorce in 2014.

8. Rajeev Reddy and Brahmani Janardhana Reddy – USD 74 million

As common folk queued outside ATMs in the wake of the BJP-backed decision to demonitise certain Indian currencies, the swanky wedding of Brahmani Reddy – daughter of mining baron G. Janardhan Reddy – attracted widespread criticism. Held at Bangalore’s Palace Grounds with a monumental guest list of 50,000 attendees, the Reddy nuptials saw several of the country’s aristocrats, politicians and celebrities flock to the venue. If the timing of the wedding appeared tone-deaf to netizens, it was the flashy LCD-screen invites that had created a storm earlier. Giant helium balloons with pictures of the family bobbed overhead at the venue while majestic replicas of Hampi’s Purandara temple, Lotus Mahal, Mahanavami Dibba and the Vijaya Vittala Temple welcomed the guests. At the ceremony itself, Brahmani took her pheras in a red and gold Kanjeevaram sari worth around USD 2.3 million. Her enviable jewellery pieces amounting for another USD 12 million. A task force of 3,000 security men and 500 bouncers in black suits surveilled the place. Almost every luxury hotel within a five-km radius of the venue was booked for guests. 500 dancers were also hand-picked from troupes in Chennai and Hyderabad. Even the two mechanical elephants flanking the entrance of the venue came with a rental cost of USD 850 per day, reported NDTV. 

9. Isha Ambani and Anand Piramal –USD 100 million

Born with a last name that needs no introduction, Isha Ambani’s multi-city, multi-event union with industrialist Anand Piramal in 2018 altered the existing landscape of celebrity weddings. The modern-day heiress with the very profitable Relaince Industries chalked into her inheritance began her bridal journey with a roka ceremony at her family’s multimillion-dollar Mumbai home, Antilia. “The wedding went off beautifully. Like any other bride, I had my share of bridal jitters but getting married at home made it very special and I had the time of my life celebrating my most memorable moments with all the people I love,” Isha revealed to Vogue India at the time. The real party began in Italy’s Lake Como a couple of weeks, where the couple celebrated their engagement with a luxurious daytime event. Out came Isha’s Dolce & Gabbana gown as performances by Indian favourites Shaan and Pritam, as well as award-winning singer-songwriter John Legend, entertained the celebrity guests. Perhaps the most indulgent expense from the pre-wedding ceremonies came in the form of a private performance by Beyoncé — the first of its kind for the musical legend. High-profile attendees like Hillary Clinton, Arianna Huffington, Nick Jonas, and Priyanka Chopra as a bevy of Bollywood big whigs like Shah Rukh Khan, members of the Kapoor clan, and other A-listers arrived in their best wedding wear. The date for the holy matrimony was finalised for December 12, 2018– giving production crews a generous seven months to pull of one of the world’s most expensive weddings.  Gold-encrusted invitations amounting to nearly USD 4,000 were sent out to the guests. On the day of the wedding, not only was the Ambani residence was decked with fresh blooms, even the street leading up to the venue was dotted with yellow and orange marigolds. Isha put designer duo Abu Jani and Sandeep Khosla in-charge of her finale outfit – a 16-panel lehenga-choli, which reportedly came with a price tag of USD 12 million.

10. Lady Diana Spencer to Prince Charles – USD 115 million

Held at London’s St Paul’s Cathedral, Lady Diana and Prince Charles‘ July wedding in 1981 was widely billed as a “fairytale”. At a time when the world was still two decades away from the internet, this British royal wedding amassed a staggering broadcast viewership of 750 million people worldwide. A total of 3,500 guests were invited to the stately affair, as two more million spectators lined the route of Diana’s procession. Three choirs and three orchestras played their tunes as the newest royal member walked the aisle in a USD 46,785-worth ivory silk taffeta dress, decorated with lace, hand embroidery, sequins, and 10,000 pearls. The designers credited for the exquisite design were British duo, Elizabeth and David Emanuel. Governors-generals of the Commonwealth nations, as well as many of the reigning European monarchs at the time, made their way to the English capital. Fireworks displays above Hyde Park and 100 beacons were lit up across the country to commemorate the royal wedding. Interestingly, the event saw a grand total of 27 cakes being presented to the couple. The cost of the wedding was later estimated to be USD 48 million in total (between USD 70 million and USD 110 million when adjusted for inflation), with USD 600,000 being spent on security alone.

11. Chandni Toor to Seemanto Roy and Richa Roy to Sushanto Roy – USD 123 million

most expensive weddings in the world
The Roy family pictured with star-studded guests at the event, one of the most expensive weddings in the world. (Image: AFP)

Before it all went downhill for the Sahara head honcho, Subroto Roy enjoyed the status of pulling off the world’s most expensive wedding for his two sons, Seemanto and Sushanto. Dishing out a whopping USD 75 million in 2004, the double nuptials descended to Lucknow’s Sahara India township with an 11,000-strong guestlist. Naturally, the entire town underwent a major revamp to reflect the family’s love for contemporary aesthetics. The six-day extravaganza saw no stone left unturned– gold napkins welcoming guests upon arrival, a fleet of 200 Mercedes cars for inter-city transport, and chartering 27 of his company jets. For entertainment, there was live music by the British Symphony Orchestra while famous Indian choreographer Shiamak Davar took centre stage with a band of world-class dancers. A scrumptious array of over 100 different cuisines were prepared by the chefs at Taj Group of Hotels. While designers Rohit Bal and Sabyasachi designed for the families, Bollywood icons Amitabh Bachchan and Aishwarya Rai mingled with the guests. In addition to the elaborate celebrations, Roy’s philanthropic offerings were extended to 150,000 homeless people. The family reportedly sponsored the marriages of 101 underprivileged girls as part of the festivities.

12. Sheikha Hind Bint bin Maktoum to Sheikh Mohammed bin Rashid Al Maktoum – USD 137 million

Taking the crown for the most expensive wedding in the world is Emirati royal Bin Rashid who married his first cousin, Princess Sheikha. Costing an eye-watering sum of USD 45 million in 1979, this week-long extravaganza was accompanied by a five-day nationwide holiday. When the prince first decided to wed, not many locations in Dubai could hold a gathering of over 20,000 guests. Unfazed, the family built the venue from the ground up and adorned it with traditional musicians, and dancers. A fleet of 20 camels embellished with jewels were utilised for delivering gifts to the bride. To arrange for similar fanfare today, the estimated cost would be close to USD 137 million.

The royal wedding was the first occasion in which Dubai’s Police Air Wing performed a public flying display. Five Macchi Jet Fighters flew in formation over Zabeel Palace whilst performing aerobatics. As the Grand Finale act, one of the fighter jets encircled the Dubai Trade Centre Building above as horseback riders trotted into formation below. The official inside photos of this upscale wedding were never released to the public.

Other honourable mentions

Akash Ambani and Shloka Mehta (2019) – undisclosed

most expensive weddings in the world
Akash Ambani and Shloka Mehta during their wedding ceremony. (Image: Viral Bhayani)

In only a few months after his younger sister, Isha’s wedding, the eldest Ambani son decided it was his turn to tie the knot. While there has been considerable debate about the cost of this Mumbai-St.Moritz-hopping spectacle, there is unanimity in the view that several millions of dollars were spent. Features included a 300-strong pre-wedding bash in the Swiss Alps with musical performances by Coldplay’s Chris Martin and The Chainsmokers, private jets to ferry the prolific guests, 5-star accommodation, and an ostentatious display of couture ensembles– all culminating to a Mumbai-based ceremony that saw global leaders like former British PM Tony Blair, Google CEO Sundar Pichai and almost every other Bollywood star in attendance.

Michael Jordan and Yvette Prieto (2013) – USD 10 million

most expensive weddings in the world
Michael Jordan with his wife Yvette Prieto during their 2013 nuptials, which ranks among the most expensive weddings in the world. (Image: Michael Jordan/Instagram)

The basketball legend’s second wedding to model Yvette Prieto in April 2013 reportedly cost USD 10 million dollars – barely a dent when you consider Jordan’s massive USD 2 billion net worth. The 300-guest event, held at Bear’s Club in Florida, was the hotspot for the night for celebs like Tiger Woods, Spike Lee, and live performances from Usher, K’Jon, and Robin Thicke. The model chose a custom J’Aton Couture wedding dress, decked out in Swarovski crystals for her big night.

Lolita Osmanova and Gaspar Avdolyan- USD 10 million

 
 
 
 
 
 
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Bringing that big Russian energy to LA, Lolita Osmanova — the 22-year-old daughter of energy oligarch Eldar Osmanav, married 29-year-old Gaspar Avdolyan, son of telecoms millionaire Albert Avdolyan, at the Dolby Theatre in 2017. Yes, the venue that hosts the Oscars! As violinists and performers serenaded guests, the capacious venue was transformed into a contemporary art installation complete with ornate floral decorations and a gold aisle. For the headlining acts, Jason Derulo and Lady Gaga lent their vocal talents to the newlyweds, which reportedly cost USD 2 million alone. (Main and featured image: Getty Images, Isha Ambani via Instagram)

The post 15 of the Most Extravagant and Expensive Weddings in the World appeared first on Prestige Online - HongKong.

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Fernando Alonso’s Net Worth, Career Highlights and Brand Endorsements https://www.prestigeonline.com/hk/lifestyle/wealth-management/fernando-alonso-net-worth-and-brand-deals/ Sun, 06 Aug 2023 08:14:34 +0000 https://www.prestigeonline.com/hk/?p=278715

After dominating the F1 circuits, it seems like Fernando Alonso now wants to take over the world of fashion. After all, Boss has just named the Aston Martin racer as its latest brand ambassador. This news isn’t all that surprising though, given the fashion label’s collaborations with Aston Martin after officially becoming their fashion partner in June 2022.

To help Alonso fulfil his duties as a brand ambassador, Boss will be responsible for dressing the F1 racer during official events away from the racetrack including interviews and major red-carpet occasions. Furthermore, the Formula 1 driver will actively assist the Italian fashion brand in their ongoing promotional endeavours, brand events and social media campaigns.

For the uninitiated, this is not the first time that the F1 driver has dipped his toes in the world of fashion. He has previously been part of multiple brand promotions and campaigns. So, if you’re in the mood to know more about the new face of Boss, we take a look at Fernando Alonso’s net worth, career highlights, brand endorsements and charity initiatives.

Fernando Alonso’s net worth

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

According to Celebrity Net Worth, Fernando Alonso’s net worth stands at USD 260 million, as of 2023. Every year, he makes USD 40 million from his earnings and brand endorsements.

Due to his substantial endorsement deals and impressive Formula 1 salary, the racer has consistently been recognised as one of the world’s highest-paid athletes by Forbes, securing a spot on their prestigious list every year from 2012 to 2018. The magazine even named him as the motorsport’s highest-earning driver from June 2012 to June 2013. In 2016, he was among the top-earning international athletes, and in 2017, he was listed as one of the highest-paid international and European celebrities. His fame and earnings have also earned him a place on the Forbes Celebrity 100 list on two occasions – in 2008 and 2017.

Fernando Alonso’s F1 career highlights

Born on July 29, 1981, in Spain, Alonso is regarded as one of the most talented and successful Formula 1 drivers of his generation. He began his motorsport career at an early age and quickly rose through the ranks to compete at the highest levels of professional racing.

Alonso’s most successful years in F1 were with the Renault team with whom he won consecutive World Drivers’ Championships in 2005 and 2006, making him the youngest back-to-back champion at the time. He then joined McLaren in 2007 but had a difficult season alongside teammate Lewis Hamilton. After a brief return to Renault, Alonso moved to Ferrari in 2010 and continued to be a strong contender for the championship.

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

After the conclusion of the 2018 Formula One World Championship, Alonso decided to take a break from F1 and competed in other racing categories. By the time of his initial retirement, the champion had secured 32 Formula One victories and achieved 22 pole positions.

During his F1 sabbatical, Alonso had quite a successful stint. He enjoyed consecutive victories at the 24 Hours of Le Mans and the FIA World Endurance Championship in 2018-2019, enhancing his already impressive motorsport legacy. Alonso then made his return to F1 in 2021, joining the Alpine team and competing for two seasons, finishing in 10th and 9th place, respectively.

He is currently experiencing a remarkable comeback in the 2023 F1 World Championship after joining Aston Martin and, once again, showcasing his top-notch performance.

Throughout his career, Alonso has demonstrated exceptional driving skills, consistency and racing techniques, and is, undoubtedly, one of the best racers in F1 history.

Fernando Alonso’s net worth: His brand endorsements and fancy cars

Image credit: Instagram/Fernando Alonso

Besides his recent collaboration with Boss, Alonso also has other brand endorsements under his belt. These include prominent brands such as Banco Santander, Cajastur, TAG Heuer, Europcar, Silestone, Liberbank, ING, Chandon, Adidas and Bang & Olufsen.

These partnerships allowed him to be associated with different industries and extend his reach beyond motorsports. Case in point, Alonso is not only a brand ambassador but also the founder of the fashion brand Kimoa, showcasing his entrepreneurial spirit and involvement in the fashion industry. Additionally, he had plans to establish the Fernando Alonso Cycling Team in 2015 to compete in UCI events. Unfortunately, the project did not go through.

Like other athletes, especially F1 drivers, Alonso loves his fancy cars as well. His impressive car collection includes notable models such as the McLaren P1, Ferrari 458 Italia, Nissan GT-R and Honda NSX.

His awards and achievements

Image credit: Instagram/Fernando Alonso

To nobody’s surprise, Alonso’s accomplishments have earned him numerous prestigious awards.

In 2003, he received the Autosport Gregor Grant Award for his victory in the Hungarian Grand Prix. The same year, he was honoured with the Princess Cristina National Sports Award as a promising newcomer. In April 2005, he was the recipient of the Lorenzo Bandini Trophy. He also received multiple awards for his outstanding performance at the 2005 F1 World Championship including the Prince of Asturias Award for Sports, the Premios Nacionales del Deporte Sportsman of the Year award and the Gold Medal of the Royal Order of Sports Merit.

In 2017, Alonso’s remarkable Formula 1 achievements resulted in his induction into the FIA Hall of Fame as an F1 World Champion. Later in 2019, his win as an FIA World Endurance Champion earned him a second induction into the FIA Hall of Fame, making him the first driver to receive the honour twice.

His charity initiatives

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

Apart from his successful racing career, Alonso is well-known for his charity and philanthropic initiatives. He established the Fundación Fernando Alonso (Fernando Alonso Foundation). Its primary objective is to promote motor racing and educate people about road safety.

In February 2005, the UNICEF Spanish Committee appointed Alonso as a UNICEF Goodwill Ambassador with the aim of advocating for children’s rights and raising awareness about their initiatives. In 2011, he promoted India’s efforts to eradicate polio, and in 2012, he focused on encouraging proper handwashing with soap among children in schools. Additionally, in November 2017, he lent his support to UNICEF’s campaign against cyberbullying.

Fernando Alonso’s personal life

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

Alonso was married to Raquel del Rosario, the lead singer of the Spanish pop band El Sueno de Morfeo, till December 2011. He was then engaged to Spanish television presenter Lara Alvarez from 2015 to 2016 and dated Italian model Linda Morselli from 2016 to 2021. Apart from racing, he is also a huge football fan, especially of Real Madrid and Real Oviedo.

(Main and feature image credit: Courtesy Instagram/ Fernando Alonso)

This story first appeared here.

The post Fernando Alonso’s Net Worth, Career Highlights and Brand Endorsements appeared first on Prestige Online - HongKong.

]]>

After dominating the F1 circuits, it seems like Fernando Alonso now wants to take over the world of fashion. After all, Boss has just named the Aston Martin racer as its latest brand ambassador. This news isn’t all that surprising though, given the fashion label’s collaborations with Aston Martin after officially becoming their fashion partner in June 2022.

To help Alonso fulfil his duties as a brand ambassador, Boss will be responsible for dressing the F1 racer during official events away from the racetrack including interviews and major red-carpet occasions. Furthermore, the Formula 1 driver will actively assist the Italian fashion brand in their ongoing promotional endeavours, brand events and social media campaigns.

For the uninitiated, this is not the first time that the F1 driver has dipped his toes in the world of fashion. He has previously been part of multiple brand promotions and campaigns. So, if you’re in the mood to know more about the new face of Boss, we take a look at Fernando Alonso’s net worth, career highlights, brand endorsements and charity initiatives.

Fernando Alonso’s net worth

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

According to Celebrity Net Worth, Fernando Alonso’s net worth stands at USD 260 million, as of 2023. Every year, he makes USD 40 million from his earnings and brand endorsements.

Due to his substantial endorsement deals and impressive Formula 1 salary, the racer has consistently been recognised as one of the world’s highest-paid athletes by Forbes, securing a spot on their prestigious list every year from 2012 to 2018. The magazine even named him as the motorsport’s highest-earning driver from June 2012 to June 2013. In 2016, he was among the top-earning international athletes, and in 2017, he was listed as one of the highest-paid international and European celebrities. His fame and earnings have also earned him a place on the Forbes Celebrity 100 list on two occasions – in 2008 and 2017.

Fernando Alonso’s F1 career highlights

Born on July 29, 1981, in Spain, Alonso is regarded as one of the most talented and successful Formula 1 drivers of his generation. He began his motorsport career at an early age and quickly rose through the ranks to compete at the highest levels of professional racing.

Alonso’s most successful years in F1 were with the Renault team with whom he won consecutive World Drivers’ Championships in 2005 and 2006, making him the youngest back-to-back champion at the time. He then joined McLaren in 2007 but had a difficult season alongside teammate Lewis Hamilton. After a brief return to Renault, Alonso moved to Ferrari in 2010 and continued to be a strong contender for the championship.

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

After the conclusion of the 2018 Formula One World Championship, Alonso decided to take a break from F1 and competed in other racing categories. By the time of his initial retirement, the champion had secured 32 Formula One victories and achieved 22 pole positions.

During his F1 sabbatical, Alonso had quite a successful stint. He enjoyed consecutive victories at the 24 Hours of Le Mans and the FIA World Endurance Championship in 2018-2019, enhancing his already impressive motorsport legacy. Alonso then made his return to F1 in 2021, joining the Alpine team and competing for two seasons, finishing in 10th and 9th place, respectively.

He is currently experiencing a remarkable comeback in the 2023 F1 World Championship after joining Aston Martin and, once again, showcasing his top-notch performance.

Throughout his career, Alonso has demonstrated exceptional driving skills, consistency and racing techniques, and is, undoubtedly, one of the best racers in F1 history.

Fernando Alonso’s net worth: His brand endorsements and fancy cars

Image credit: Instagram/Fernando Alonso

Besides his recent collaboration with Boss, Alonso also has other brand endorsements under his belt. These include prominent brands such as Banco Santander, Cajastur, TAG Heuer, Europcar, Silestone, Liberbank, ING, Chandon, Adidas and Bang & Olufsen.

These partnerships allowed him to be associated with different industries and extend his reach beyond motorsports. Case in point, Alonso is not only a brand ambassador but also the founder of the fashion brand Kimoa, showcasing his entrepreneurial spirit and involvement in the fashion industry. Additionally, he had plans to establish the Fernando Alonso Cycling Team in 2015 to compete in UCI events. Unfortunately, the project did not go through.

Like other athletes, especially F1 drivers, Alonso loves his fancy cars as well. His impressive car collection includes notable models such as the McLaren P1, Ferrari 458 Italia, Nissan GT-R and Honda NSX.

His awards and achievements

Image credit: Instagram/Fernando Alonso

To nobody’s surprise, Alonso’s accomplishments have earned him numerous prestigious awards.

In 2003, he received the Autosport Gregor Grant Award for his victory in the Hungarian Grand Prix. The same year, he was honoured with the Princess Cristina National Sports Award as a promising newcomer. In April 2005, he was the recipient of the Lorenzo Bandini Trophy. He also received multiple awards for his outstanding performance at the 2005 F1 World Championship including the Prince of Asturias Award for Sports, the Premios Nacionales del Deporte Sportsman of the Year award and the Gold Medal of the Royal Order of Sports Merit.

In 2017, Alonso’s remarkable Formula 1 achievements resulted in his induction into the FIA Hall of Fame as an F1 World Champion. Later in 2019, his win as an FIA World Endurance Champion earned him a second induction into the FIA Hall of Fame, making him the first driver to receive the honour twice.

His charity initiatives

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

Apart from his successful racing career, Alonso is well-known for his charity and philanthropic initiatives. He established the Fundación Fernando Alonso (Fernando Alonso Foundation). Its primary objective is to promote motor racing and educate people about road safety.

In February 2005, the UNICEF Spanish Committee appointed Alonso as a UNICEF Goodwill Ambassador with the aim of advocating for children’s rights and raising awareness about their initiatives. In 2011, he promoted India’s efforts to eradicate polio, and in 2012, he focused on encouraging proper handwashing with soap among children in schools. Additionally, in November 2017, he lent his support to UNICEF’s campaign against cyberbullying.

Fernando Alonso’s personal life

Fernando Alonso Net Worth
Image credit: Instagram/Fernando Alonso

Alonso was married to Raquel del Rosario, the lead singer of the Spanish pop band El Sueno de Morfeo, till December 2011. He was then engaged to Spanish television presenter Lara Alvarez from 2015 to 2016 and dated Italian model Linda Morselli from 2016 to 2021. Apart from racing, he is also a huge football fan, especially of Real Madrid and Real Oviedo.

(Main and feature image credit: Courtesy Instagram/ Fernando Alonso)

This story first appeared here.

The post Fernando Alonso’s Net Worth, Career Highlights and Brand Endorsements appeared first on Prestige Online - HongKong.

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Adele’s Net Worth: Album Earnings, Music Tours and the Expensive Things She Owns https://www.prestigeonline.com/hk/lifestyle/wealth-management/adele-net-worth-album-earnings-and-expensive-things-she-owns/ Mon, 31 Jul 2023 03:00:40 +0000 https://www.prestigeonline.com/hk/?p=277834

Wowing the audience with hypnotic music and poignant lyrics, Adele has been a consistent chart-topper across countries. The famed British singer has sold over 100 million album copies, received several accolades, hosted sold-out concerts and even eschewed the limelight for six years. However, the growth in Adele’s net worth has shown no sign of slowing down.

Known worldwide by the mononym stage name Adele, the “Chasing Pavements” singer was born Adele Laurie Blue Adkins on 5 May 1988 in London. She was raised by her mother Penny Adkins, as her father left them when Adele was just two. In 2006, after graduating from the BRIT School for Performing Arts & Technology in Croydon, Adele posted a three-song demo on Myspace which went insanely viral and paved the way for an iconic musical journey.

What is Adele’s net worth?

Since Adele released her debut studio album 19 in 2008, her net worth has only been on the rise. According to Marca, the “Rolling in the Deep” singer had a fortune of USD 20 million by 2011. It reached USD 50 million in the following two years.

In 2017, Forbes stated Adele’s net worth to be USD 69 million and ranked her 18th on the list of the highest-paid celebrities in the world. Six years later, Celebrity Net Worth quotes her estimated net worth to have reached a staggering USD 220 million.

Here’s more about how Adele makes and spends her millions

Adele’s earnings from music

Adele net worth- muisc career
Image credit: Adele/ Instagram

Adele’s career in music has seen an enormous 100 million record sales. Her debut album opened to a spectacular response and reached the number one spot in the UK as well as soared to number four on the US Billboard Top 200 albums chart. The album also earned Adele her first Grammy Award.

In 2011, Adele released her sophomore album 21 for which she bagged six Grammy Awards, and it added significantly to her net worth. According to the Hello! magazine, Adele made a handsome USD 15 million around the same time. Considered to have propelled Adele to become one of the world’s biggest celebrities, 21 has an impressive chart record and is her best-selling album of all time.

It hit number one on the US Billboard Top 200 chart and the Billboard Top 200 charts in Europe, Canada and Australia. 21 held onto the chart for seven years and clinched a place in the Top 35 for the first two years. Selling over 30 million copies, it pooled a cool USD 67 million in profits, states Rolling Stone. Although her share is unknown, it is safe to deduce the amount to be hefty.

Adele net worth- albums
Image credit: Adele/ Instagram

In 2015, the “One And Only” singer dropped her third studio album, 25. It topped the Billboard Top 200 chart in the US, Europe, Canada and Australia and sold 3.6 million copies in the first week in the US alone. The earnings may not be publicly known, but it is assumed that Adele’s net worth would have risen significantly even after she shared the profits with her record label.

 

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A post shared by Adele (@adele)

Cementing her position with some of the world’s best-selling albums of the time, Adele took a gap of six years and returned to the shelves with 30 in 2021. The album consists of some of her biggest hit tracks such as “Strangers By Nature”, “Easy On Me” and “Wild Wild West.” Besides topping charts across Europe, Canada and Australia, it was also the first album of 2021 to cross the one million mark in album sales in the USA.

Reports suggest, combining the figures of all four studio albums, Adele has netted a staggering USD 31 million from album sales and USD 34 million in digital sales.

Earnings from concert tours

Adele net worth- tours
Image credit: Adele/ Instagram

Besides album sales, extensive concert tours, too, have contributed to Adele’s net worth. Forbes even mentioned “consistent touring” in 2017, while stating her USD 69 million fortune. She started with the An Evening With Adele tour in North America in 2008-2009 and collected over USD 775,000.

The “Someone Like You” star doubled it to a jaw-dropping USD 2 million with her 2016-2017 tour Adele Live. However, it was her last tour Adele Live 2016, in support of 25, that raked in a massive USD 252 million in ticket and merch sales.

According to The Sun, Remedy Touring, the company which manages Adele’s concerts and where she serves as the only director, pocketed USD 128 million in profits. It left the chanteur with a solid USD 74 million. Hence, Adele’s net worth soared and placed her on par with the likes of Madonna, Bruce Springsteen and George Waters.

A glittering Las Vegas Residency

 

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A post shared by Adele (@adele)

Adele’s ongoing Las Vegas residency shows, Weekends With Adele, are massive crowd-pullers plumping up her net worth. It was initially announced that two shows would be hosted every weekend at the Colosseum at Caesars Palace from January to April 2022. Although the COVID-19 pandemic and technical hiccups derailed the concerts, it was back on track in November 2022.

The New York Post states that once the 34 new dates were added to the shows, the “Hello” singer would be expected to clock in USD 2 million a night, after all the expenses. Over the 60-show run in Sin City, of which the first 26 concerts ended in April 2023, she will make USD 105 million.

The second leg of the Las Vegas residency began in June 2023 and is expected to continue through November.

Awards and movie credits

According to Parade, Adele has 135 awards for albums and a James Bond movie credit to her name. The English singer has won 16 Grammy Awards, including Best Pop Vocal Album in 2012 and 2017, and Best Pop Solo Performance in 2012, 2013, 2017 and 2023.

In 2013, Adele won a Golden Globe Award and an Academy Award for the theme song for Skyfall (2012). Parade also states that the year the film rolled out, Adele added over USD 19 million to her net worth, though it is unclear how much of it was solely from the film.

Her shelves carry five American Music Awards and seven Brit Awards as well.

Divorce settlement

Adele’s personal life has also majorly affected her fortune. After dating for five years and welcoming their son Angelo in 2012, Adele and Simon Konecki got hitched in 2016. However, the two called it quits in 2019.

Although the details of the divorce settlement are not revealed, media reports suggest both spousal and business supports are off the table, but the two continue to co-parent their son. Speaking to Oprah Winfrey in 2021, the singer said, “I take marriage very seriously. It seems like—I don’t know, almost like I disrespected it by getting married and divorced so quickly. I’m just embarrassed that I didn’t make my marriage work… I’m still not fully over it; me choosing to dismantle my child’s life for my own makes me very uncomfortable.”

Things started brewing between the “Love In The Dark” singer and her sports agent boyfriend Rich Paul, with whom she shares lavish properties, too.

Adele’s real estate portfolio

 

View this post on Instagram

 

A post shared by Adele (@adele)

 

Reportedly, among her first real estate investments was a USD 3.4 million Sussex mansion. Purchased in 2012 and named the Lock House, it had 10 bedrooms, five reception rooms, two studies and even a helipad.

Her real estate investments in London included a gorgeous Art Deco house on the beachfront in Hove, outside of Brighton. Hello! reports the singer sold it in 2012 for GBP 2.85 million (over USD 3.6 million).

She owns properties in Kensington as well. According to a 2021 Hello! report, the “Set Fire To The Rain” star shelled out a colossal GBP 11 million (over USD 14 million) for two adjacent houses, and GBP 2 million (around USD 3 million) on renovation combined the two.

In 2016, she expanded into the US market and lapped up a Beverly Hills home for USD 9.5 million. The stunning mansion makes her neighbours with Hollywood A-listers like Penelope Cruz, Zoe Saldana, Jennifer Lawrence and Nicole Richie. According to Dirt, the mansion belonged to 13-time Emmy-winning producer Don Mischer and features four bedrooms, six bathrooms, fireplaces, a library loft, a gazebo, a swimming pool and a tree house.

Her Beverly Hills streak doesn’t end here. Adele bought another house right next to her ex-husband’s in the upscale neighbourhood worth USD 10.65 million to co-parent their son. In 2022, she made another luxury purchase by buying Sylvester Stallone’s mansion for a smooth USD 58 million with Paul. TMZ reports the property has six bedrooms, nine bathrooms, a gym, a sauna and steam, an infinity pool, a cigar room, a screening room, a custom bar, an art studio and a two-storey guest house.

Adele’s cars

The singer’s garage is lined with a number of classic luxury cars that reflect her colossal net worth. It might be difficult to say exactly how many such machines she owns as the singer is seldom spotted cruising around town in them or talking about them.

Adele net worth- cars
Image credit: Porsche

Reports suggest there she owns a 2021 Porsche Macan S. The high-speed SUV has a starting price of USD 72,000. It is reportedly equipped with a 3.0-litre V6 twin-turbo engine that yields a power of 370 hp. The mighty beast can reach a speed of 96 km/h in just 6.2 seconds.

A 2020 Cadillac Escalade, worth around USD 88,000, is also reported to be a part of her lavish fleet. The car boasts a 420 hp V8 motor that can accelerate to a speed of 96 km/h in 6.7 seconds. Given its bulky size, this powerful SUV can tow over 3,700 kg.

Reports also suggest Adele owns some celebrity staples such as a Mercedes Maybach, a Range Rover Vogue and a Bentley Continental GT.

Designer fashion items

 

View this post on Instagram

 

A post shared by Adele (@adele)

The “Love In The Dark” singer has often flaunted a number of designer garments and accessories on many occasions. Besides her concert costumes and red-carpet outfits, Adele has a wardrobe full of luxe fashion items.

Linda Farrow sunglasses, worth around USD 500, Christian Louboutin heels costing about USD 700 and expensive bags from Chanel and Burberry, which can cost around USD 4,000, are commonly seen on her. Adele also has celebrity stylists Gaelle Paul and Lino Carbosiero on her trusted team for any makeover.

The latter was responsible for Adele’s unique 2014 look and reportedly charges USD 200 for a trim.

(Main and featured image: Adele/ Instagram)

This story first appeared here.

The post Adele’s Net Worth: Album Earnings, Music Tours and the Expensive Things She Owns appeared first on Prestige Online - HongKong.

]]>

Wowing the audience with hypnotic music and poignant lyrics, Adele has been a consistent chart-topper across countries. The famed British singer has sold over 100 million album copies, received several accolades, hosted sold-out concerts and even eschewed the limelight for six years. However, the growth in Adele’s net worth has shown no sign of slowing down.

Known worldwide by the mononym stage name Adele, the “Chasing Pavements” singer was born Adele Laurie Blue Adkins on 5 May 1988 in London. She was raised by her mother Penny Adkins, as her father left them when Adele was just two. In 2006, after graduating from the BRIT School for Performing Arts & Technology in Croydon, Adele posted a three-song demo on Myspace which went insanely viral and paved the way for an iconic musical journey.

What is Adele’s net worth?

Since Adele released her debut studio album 19 in 2008, her net worth has only been on the rise. According to Marca, the “Rolling in the Deep” singer had a fortune of USD 20 million by 2011. It reached USD 50 million in the following two years.

In 2017, Forbes stated Adele’s net worth to be USD 69 million and ranked her 18th on the list of the highest-paid celebrities in the world. Six years later, Celebrity Net Worth quotes her estimated net worth to have reached a staggering USD 220 million.

Here’s more about how Adele makes and spends her millions

Adele’s earnings from music

Adele net worth- muisc career
Image credit: Adele/ Instagram

Adele’s career in music has seen an enormous 100 million record sales. Her debut album opened to a spectacular response and reached the number one spot in the UK as well as soared to number four on the US Billboard Top 200 albums chart. The album also earned Adele her first Grammy Award.

In 2011, Adele released her sophomore album 21 for which she bagged six Grammy Awards, and it added significantly to her net worth. According to the Hello! magazine, Adele made a handsome USD 15 million around the same time. Considered to have propelled Adele to become one of the world’s biggest celebrities, 21 has an impressive chart record and is her best-selling album of all time.

It hit number one on the US Billboard Top 200 chart and the Billboard Top 200 charts in Europe, Canada and Australia. 21 held onto the chart for seven years and clinched a place in the Top 35 for the first two years. Selling over 30 million copies, it pooled a cool USD 67 million in profits, states Rolling Stone. Although her share is unknown, it is safe to deduce the amount to be hefty.

Adele net worth- albums
Image credit: Adele/ Instagram

In 2015, the “One And Only” singer dropped her third studio album, 25. It topped the Billboard Top 200 chart in the US, Europe, Canada and Australia and sold 3.6 million copies in the first week in the US alone. The earnings may not be publicly known, but it is assumed that Adele’s net worth would have risen significantly even after she shared the profits with her record label.

 

View this post on Instagram

 

A post shared by Adele (@adele)

Cementing her position with some of the world’s best-selling albums of the time, Adele took a gap of six years and returned to the shelves with 30 in 2021. The album consists of some of her biggest hit tracks such as “Strangers By Nature”, “Easy On Me” and “Wild Wild West.” Besides topping charts across Europe, Canada and Australia, it was also the first album of 2021 to cross the one million mark in album sales in the USA.

Reports suggest, combining the figures of all four studio albums, Adele has netted a staggering USD 31 million from album sales and USD 34 million in digital sales.

Earnings from concert tours

Adele net worth- tours
Image credit: Adele/ Instagram

Besides album sales, extensive concert tours, too, have contributed to Adele’s net worth. Forbes even mentioned “consistent touring” in 2017, while stating her USD 69 million fortune. She started with the An Evening With Adele tour in North America in 2008-2009 and collected over USD 775,000.

The “Someone Like You” star doubled it to a jaw-dropping USD 2 million with her 2016-2017 tour Adele Live. However, it was her last tour Adele Live 2016, in support of 25, that raked in a massive USD 252 million in ticket and merch sales.

According to The Sun, Remedy Touring, the company which manages Adele’s concerts and where she serves as the only director, pocketed USD 128 million in profits. It left the chanteur with a solid USD 74 million. Hence, Adele’s net worth soared and placed her on par with the likes of Madonna, Bruce Springsteen and George Waters.

A glittering Las Vegas Residency

 

View this post on Instagram

 

A post shared by Adele (@adele)

Adele’s ongoing Las Vegas residency shows, Weekends With Adele, are massive crowd-pullers plumping up her net worth. It was initially announced that two shows would be hosted every weekend at the Colosseum at Caesars Palace from January to April 2022. Although the COVID-19 pandemic and technical hiccups derailed the concerts, it was back on track in November 2022.

The New York Post states that once the 34 new dates were added to the shows, the “Hello” singer would be expected to clock in USD 2 million a night, after all the expenses. Over the 60-show run in Sin City, of which the first 26 concerts ended in April 2023, she will make USD 105 million.

The second leg of the Las Vegas residency began in June 2023 and is expected to continue through November.

Awards and movie credits

According to Parade, Adele has 135 awards for albums and a James Bond movie credit to her name. The English singer has won 16 Grammy Awards, including Best Pop Vocal Album in 2012 and 2017, and Best Pop Solo Performance in 2012, 2013, 2017 and 2023.

In 2013, Adele won a Golden Globe Award and an Academy Award for the theme song for Skyfall (2012). Parade also states that the year the film rolled out, Adele added over USD 19 million to her net worth, though it is unclear how much of it was solely from the film.

Her shelves carry five American Music Awards and seven Brit Awards as well.

Divorce settlement

Adele’s personal life has also majorly affected her fortune. After dating for five years and welcoming their son Angelo in 2012, Adele and Simon Konecki got hitched in 2016. However, the two called it quits in 2019.

Although the details of the divorce settlement are not revealed, media reports suggest both spousal and business supports are off the table, but the two continue to co-parent their son. Speaking to Oprah Winfrey in 2021, the singer said, “I take marriage very seriously. It seems like—I don’t know, almost like I disrespected it by getting married and divorced so quickly. I’m just embarrassed that I didn’t make my marriage work… I’m still not fully over it; me choosing to dismantle my child’s life for my own makes me very uncomfortable.”

Things started brewing between the “Love In The Dark” singer and her sports agent boyfriend Rich Paul, with whom she shares lavish properties, too.

Adele’s real estate portfolio

 

View this post on Instagram

 

A post shared by Adele (@adele)

 

Reportedly, among her first real estate investments was a USD 3.4 million Sussex mansion. Purchased in 2012 and named the Lock House, it had 10 bedrooms, five reception rooms, two studies and even a helipad.

Her real estate investments in London included a gorgeous Art Deco house on the beachfront in Hove, outside of Brighton. Hello! reports the singer sold it in 2012 for GBP 2.85 million (over USD 3.6 million).

She owns properties in Kensington as well. According to a 2021 Hello! report, the “Set Fire To The Rain” star shelled out a colossal GBP 11 million (over USD 14 million) for two adjacent houses, and GBP 2 million (around USD 3 million) on renovation combined the two.

In 2016, she expanded into the US market and lapped up a Beverly Hills home for USD 9.5 million. The stunning mansion makes her neighbours with Hollywood A-listers like Penelope Cruz, Zoe Saldana, Jennifer Lawrence and Nicole Richie. According to Dirt, the mansion belonged to 13-time Emmy-winning producer Don Mischer and features four bedrooms, six bathrooms, fireplaces, a library loft, a gazebo, a swimming pool and a tree house.

Her Beverly Hills streak doesn’t end here. Adele bought another house right next to her ex-husband’s in the upscale neighbourhood worth USD 10.65 million to co-parent their son. In 2022, she made another luxury purchase by buying Sylvester Stallone’s mansion for a smooth USD 58 million with Paul. TMZ reports the property has six bedrooms, nine bathrooms, a gym, a sauna and steam, an infinity pool, a cigar room, a screening room, a custom bar, an art studio and a two-storey guest house.

Adele’s cars

The singer’s garage is lined with a number of classic luxury cars that reflect her colossal net worth. It might be difficult to say exactly how many such machines she owns as the singer is seldom spotted cruising around town in them or talking about them.

Adele net worth- cars
Image credit: Porsche

Reports suggest there she owns a 2021 Porsche Macan S. The high-speed SUV has a starting price of USD 72,000. It is reportedly equipped with a 3.0-litre V6 twin-turbo engine that yields a power of 370 hp. The mighty beast can reach a speed of 96 km/h in just 6.2 seconds.

A 2020 Cadillac Escalade, worth around USD 88,000, is also reported to be a part of her lavish fleet. The car boasts a 420 hp V8 motor that can accelerate to a speed of 96 km/h in 6.7 seconds. Given its bulky size, this powerful SUV can tow over 3,700 kg.

Reports also suggest Adele owns some celebrity staples such as a Mercedes Maybach, a Range Rover Vogue and a Bentley Continental GT.

Designer fashion items

 

View this post on Instagram

 

A post shared by Adele (@adele)

The “Love In The Dark” singer has often flaunted a number of designer garments and accessories on many occasions. Besides her concert costumes and red-carpet outfits, Adele has a wardrobe full of luxe fashion items.

Linda Farrow sunglasses, worth around USD 500, Christian Louboutin heels costing about USD 700 and expensive bags from Chanel and Burberry, which can cost around USD 4,000, are commonly seen on her. Adele also has celebrity stylists Gaelle Paul and Lino Carbosiero on her trusted team for any makeover.

The latter was responsible for Adele’s unique 2014 look and reportedly charges USD 200 for a trim.

(Main and featured image: Adele/ Instagram)

This story first appeared here.

The post Adele’s Net Worth: Album Earnings, Music Tours and the Expensive Things She Owns appeared first on Prestige Online - HongKong.

]]>
Ryan Gosling’s Net Worth, ‘Barbie’ Salary and Expensive Things He Owns https://www.prestigeonline.com/hk/lifestyle/wealth-management/ryan-gosling-net-worth-barbie-salary-expensive-things/ Mon, 24 Jul 2023 05:58:25 +0000 https://www.prestigeonline.com/hk/?p=276818

From becoming a household name with his role in The Notebook (2004) to turning into one of Hollywood’s biggest actors with movies like Half Nelson (2006), La La Land (2016), and most recently Barbie (2023), Ryan Gosling’s net worth has seen a steady rise over the years.

Having started as a child actor, Gosling cemented his position in the industry within a short span of time. In 2017, Forbes ranked him 14th among the world’s top 20 actors with a net worth of USD 29 million. Despite a four-year hiatus from 2018 to 2022, his comeback projects like The Gray Man (2022) pushed his net worth to a whopping USD 70 million as of July 2023, reports Celebrity Net Worth.

Although in his latest venture, Gosling’s Ken is seen struggling in Barbieland, the actor’s sky-high salary for the Greta Gerwig directorial has sent his value soaring in the real world.

More about Ryan Gosling’s net worth, brand endorsements and luxury purchases

Ryan Gosling: A look at his early career and earnings

Ryan Gosling net worth- mickey mouse
Image: Courtesy The All New Mickey Mouse Club/ © Walt Disney Co./Courtesy Everett Collection/ IMDb

As a child actor, Gosling bagged a spot in The All New Mickey Mouse Club (1989-1995) TV series in 1995 and continued to appear in it for two years. A reboot of the classic 1950 The Mickey Mouse Club series, the show had a cast of young promising stars comprising Britney Spears, Justin Timberlake and Christina Aguilera. Media reports state, the Mouseketeers were paid a flat USD 185 per week for nearly 13 weeks.

Without any prior formal training in acting, Gosling then went on to star in television shows such as Breaker High (1997) and Young Hercules (1998), along with films like Remember the Titans (2000), The Slaughter Rule (2002) and Murder by Numbers (2002). While the earnings from these are not known, they paved the way for a growing net worth.

Ryan Gosling’s The Notebook success

Ryan Gosling net worth- the notebook
Image: Courtesy The Notebook/ Photo by Melissa Moseley – © 2004 New Line Cinema. All rights reserved./ IMDb

The year 2004 was a major turning point for the then-22-year-old actor. He was cast as Noah Calhoun in The Notebook — a film that became a massive success and thrust Gosling under the spotlight.

Based on Nicholas Sparks’s bestselling novel of the same name, the movie also stars Rachel McAdams and had a budget of USD 29 million according to Box Office Mojo. Although his exact salary is not officially known, Parade says, Gosling made around USD 1 million.

La La Land, The Gray Man Nice Guys and other milestones

Ryan Gosling net worth- La La Land
Image: Courtesy La La Land/ Photo by Dale Robinette/ IMDb

The last decade saw some of Gosling’s most incredible performances that earned him both box office and critical acclaim. In 2016, he played the lead role in La La Land opposite Emma Stone. Not only did the musical become a global hit, but Gosling also won a Golden Globe Award and earned his second Oscar nomination after Half Nelson.

Although his earnings are not known, given the mammoth figure Forbes mentioned in 2017, it can be deduced that a big part of the pie came from Gosling’s La La Land earnings.

Another landmark movie in his career was The Gray Man, for which Gosling netted USD 20 million according to Variety. It put him in the same league as Sandra Bullock for The Los City of D, Chris Hemsworth for Thor: Love and Thunder and Brad Pitt for Bullet Train.

His other notable paychecks include the USD 7 million salary he earned from The Nice Guys (2016), according to The Hollywood Reporter. Additionally, The Things mentions he pocketed USD 10 million for Blade Runner 2049 (2017) starring Harrison Ford, and Variety states Gosling made USD 6.5 million for First Man (2018). It was his last project before the actor took a break for some family time.

Such outstanding revenue collections and globally appreciated films have significantly contributed to Ryan Gosling’s net worth, making him one of the highest-paid actors.

Ryan Gosling’s mammoth Barbie salary

Ryan Gosling net worth- Barbie
Image: Courtesy Barbie/ Photo by Courtesy Warner Bros. Pictures/Courtesy Warner Bros. Pictures – © 2023 Warner Bros. Entertainment Inc. All Rights Reserved/ IMDb

Releasing on 21 July 2023, the first live-action Barbie film stars Margot Robbie as the titular Mattel doll and Ryan Gosling as her love interest, Ken. Other cast members include Will Ferrell, America Ferrera, Kate McKinnon, Emma Mackey, Simu Liu, Issa Rae and Michael Cera.

Barbie comes as a major boost to Gosling’s net worth, too. It is revealed that both the lead actors are taking home equal paychecks and Variety reports the amount to be a whopping USD 12.5 million.

With fabulous pre-release marketing and collaborations, an engaging trailer and exciting behind-the-scene images, it is one of the most highly anticipated movies of 2023.

He owns a production house

Ryan Gosling net worth- production house
A still from The Favourite. (Image: Courtesy The Favourite/IMDb)

The actor also has notable offscreen earnings as a producer, which plumps his net worth. As of 2022, Gosling has produced eight films including Blue Valentine (2010), Wolfman (2010) and Lost River (2014).

In 2017, Gosling teamed up with The Nice Guys and Song To Song (2017) producer Ken Kao and opened his production house called Arcana. The Olivia Colman and Emma Stone-starrer, The Favourite (2018), was the banner’s first project.

The film became a big hit and earned USD 95,918,706, reports Box Office Mojo.

Ryan Gosling’s brand endorsement deals also pool in hefty bills

 

View this post on Instagram

 

A post shared by TAG Heuer (@tagheuer)

Considering his stardom and fan following, Gosling bagging lucrative brand deals come as no surprise. In 2021, Swiss luxury watch brand Tag Heuer roped him as a brand ambassador for its horological pieces. The actor’s lively enthusiasm, bold energy and confidence appealed to the brand.

He is seen sporting a Tag Heuer Carrera watch in many photoshoots.

Ryan Gosling net worth- Gucci
Image: Courtesy Gucci

In 2022, Gosling starred in a campaign for Gucci, highlighting their ‘Valigeria travel selection’. The campaign features the maison’s double ‘G’ monogram on a range of bags, trolleys, suitcases, hat boxes and more. Created by Alessandro Michele, the range is an ode to the origin of the Italian fashion house, as founder Guccio Gucci worked as a porter at London’s Savoy Hotel in his early days.

While the exact figure is not known, such luxury brand endorsement deals leave no room for doubt that the Crazy, Stupid, Love (2011) star made a fortune.

Ryan Gosling also strummed his own music

Whenever you read “Ryan Gosling” and “music” in one sentence, chances are it is about La La Land. But little do people know that he is also a trained musician.

Gosling was one half of the rock outfit Dead Man’s Bones with Zack Shields. Active since 2007, the duo released one self-titled album in 2009. W Magazine says, the Halloween album garnered a decent 7.1 score on Pitchfork. The band also went on a 12-city tour where they were opened for by local choirs.

While Gosling’s earning from his musical career is not known, the fact that one of the group’s singles featured in The Conjuring (2013), proves he earned handsomely.

Ryan Gosling’s real estate matters

real estate
Image: Eva Mendes/ Instagram

Gosling, a Canadian native, has been living with his partner Eva Mendes and their two daughters is in Los Angeles for their work. However, recent reports show they are making moves in the real estate market.

The actor couple is making their way away from the bustle of Hollywood to raise their children someplace quiet. In 2021, they sold their Los Feliz home for USD 5 million. Since the property was never listed on the market, hardly any information is available.

Acquired by Mendes in 2008 for USD 3.2 million, it was a beautiful 1926-built Mediterranean Revival-style mansion occupying a corner plot. According to Dirt, the tall hedge and bamboo shoot-lined house had a garage for three cars, a guest studio, patios, terraces and an outdoor swimming pool. It covered an area of about 363 sq m and had four bedrooms and four bathrooms.

Gosling also owned another LA property but predominantly resided at the Los Feliz address. The bachelor pad was also sold in an off-market deal to Hollywood designer Mark Avery for an undisclosed amount.

The couple have been on the lookout for a new place. However, they were outbid on a San Marino, California estate in 2018. While their current address may not be known publicly, the Gosling-Mendes family has been known to spend time in a quaint getaway to the north of LA.

His fleet of luxury cars

With such a massive net worth, it is natural to invest in some automobile beasts and Ryan Gosling has an impressive garage to boast. A black Toyota Prius (starting at USD 17,500) and a 1973 Chevelle Malibu are part of his car collection. The latter also appeared in his 2011 movie Drive.

Gosling reportedly owns a BMW Z8 as well. Priced at USD 250,000, it comes with a 5-speed manual transmission, which takes the driving experience notches higher. A 4.8L V8 engine, helps the car reach a top speed of nearly 230 kmh.

A Ford Mustang, priced at USD 36,000, is also part of Gosling’s luxury fleet. It is equipped with a 5.0L V8 which generates 460 horsepower and 515 Nm of torque and can reach a top speed of about 250 km/h.

His other automobiles reportedly include a Range Rover Vogue and Porsche 911.

Ryan Gosling, the restaurateur

Another interesting fact about Gosling that many may not know is that he is also an entrepreneur. The actor is a co-owner of a Moroccan restaurant, Tagine, in Beverley Hills. A US Magazine report says he joined hands with Morocco-born chef Abdessamad Benameur after sampling his food at a party.

He invested in Tagine in 2004 and as of 2019, has been its part owner. The restaurant has a stellar celebrity clientele which includes Chrissy Teigen, Mike Tyson, Meryl Streep and Keanu Reeves.

(Hero and feature image: Courtesy La La Land/ IMDb)

This story first appeared here

The post Ryan Gosling’s Net Worth, ‘Barbie’ Salary and Expensive Things He Owns appeared first on Prestige Online - HongKong.

]]>

From becoming a household name with his role in The Notebook (2004) to turning into one of Hollywood’s biggest actors with movies like Half Nelson (2006), La La Land (2016), and most recently Barbie (2023), Ryan Gosling’s net worth has seen a steady rise over the years.

Having started as a child actor, Gosling cemented his position in the industry within a short span of time. In 2017, Forbes ranked him 14th among the world’s top 20 actors with a net worth of USD 29 million. Despite a four-year hiatus from 2018 to 2022, his comeback projects like The Gray Man (2022) pushed his net worth to a whopping USD 70 million as of July 2023, reports Celebrity Net Worth.

Although in his latest venture, Gosling’s Ken is seen struggling in Barbieland, the actor’s sky-high salary for the Greta Gerwig directorial has sent his value soaring in the real world.

More about Ryan Gosling’s net worth, brand endorsements and luxury purchases

Ryan Gosling: A look at his early career and earnings

Ryan Gosling net worth- mickey mouse
Image: Courtesy The All New Mickey Mouse Club/ © Walt Disney Co./Courtesy Everett Collection/ IMDb

As a child actor, Gosling bagged a spot in The All New Mickey Mouse Club (1989-1995) TV series in 1995 and continued to appear in it for two years. A reboot of the classic 1950 The Mickey Mouse Club series, the show had a cast of young promising stars comprising Britney Spears, Justin Timberlake and Christina Aguilera. Media reports state, the Mouseketeers were paid a flat USD 185 per week for nearly 13 weeks.

Without any prior formal training in acting, Gosling then went on to star in television shows such as Breaker High (1997) and Young Hercules (1998), along with films like Remember the Titans (2000), The Slaughter Rule (2002) and Murder by Numbers (2002). While the earnings from these are not known, they paved the way for a growing net worth.

Ryan Gosling’s The Notebook success

Ryan Gosling net worth- the notebook
Image: Courtesy The Notebook/ Photo by Melissa Moseley – © 2004 New Line Cinema. All rights reserved./ IMDb

The year 2004 was a major turning point for the then-22-year-old actor. He was cast as Noah Calhoun in The Notebook — a film that became a massive success and thrust Gosling under the spotlight.

Based on Nicholas Sparks’s bestselling novel of the same name, the movie also stars Rachel McAdams and had a budget of USD 29 million according to Box Office Mojo. Although his exact salary is not officially known, Parade says, Gosling made around USD 1 million.

La La Land, The Gray Man Nice Guys and other milestones

Ryan Gosling net worth- La La Land
Image: Courtesy La La Land/ Photo by Dale Robinette/ IMDb

The last decade saw some of Gosling’s most incredible performances that earned him both box office and critical acclaim. In 2016, he played the lead role in La La Land opposite Emma Stone. Not only did the musical become a global hit, but Gosling also won a Golden Globe Award and earned his second Oscar nomination after Half Nelson.

Although his earnings are not known, given the mammoth figure Forbes mentioned in 2017, it can be deduced that a big part of the pie came from Gosling’s La La Land earnings.

Another landmark movie in his career was The Gray Man, for which Gosling netted USD 20 million according to Variety. It put him in the same league as Sandra Bullock for The Los City of D, Chris Hemsworth for Thor: Love and Thunder and Brad Pitt for Bullet Train.

His other notable paychecks include the USD 7 million salary he earned from The Nice Guys (2016), according to The Hollywood Reporter. Additionally, The Things mentions he pocketed USD 10 million for Blade Runner 2049 (2017) starring Harrison Ford, and Variety states Gosling made USD 6.5 million for First Man (2018). It was his last project before the actor took a break for some family time.

Such outstanding revenue collections and globally appreciated films have significantly contributed to Ryan Gosling’s net worth, making him one of the highest-paid actors.

Ryan Gosling’s mammoth Barbie salary

Ryan Gosling net worth- Barbie
Image: Courtesy Barbie/ Photo by Courtesy Warner Bros. Pictures/Courtesy Warner Bros. Pictures – © 2023 Warner Bros. Entertainment Inc. All Rights Reserved/ IMDb

Releasing on 21 July 2023, the first live-action Barbie film stars Margot Robbie as the titular Mattel doll and Ryan Gosling as her love interest, Ken. Other cast members include Will Ferrell, America Ferrera, Kate McKinnon, Emma Mackey, Simu Liu, Issa Rae and Michael Cera.

Barbie comes as a major boost to Gosling’s net worth, too. It is revealed that both the lead actors are taking home equal paychecks and Variety reports the amount to be a whopping USD 12.5 million.

With fabulous pre-release marketing and collaborations, an engaging trailer and exciting behind-the-scene images, it is one of the most highly anticipated movies of 2023.

He owns a production house

Ryan Gosling net worth- production house
A still from The Favourite. (Image: Courtesy The Favourite/IMDb)

The actor also has notable offscreen earnings as a producer, which plumps his net worth. As of 2022, Gosling has produced eight films including Blue Valentine (2010), Wolfman (2010) and Lost River (2014).

In 2017, Gosling teamed up with The Nice Guys and Song To Song (2017) producer Ken Kao and opened his production house called Arcana. The Olivia Colman and Emma Stone-starrer, The Favourite (2018), was the banner’s first project.

The film became a big hit and earned USD 95,918,706, reports Box Office Mojo.

Ryan Gosling’s brand endorsement deals also pool in hefty bills

 

View this post on Instagram

 

A post shared by TAG Heuer (@tagheuer)

Considering his stardom and fan following, Gosling bagging lucrative brand deals come as no surprise. In 2021, Swiss luxury watch brand Tag Heuer roped him as a brand ambassador for its horological pieces. The actor’s lively enthusiasm, bold energy and confidence appealed to the brand.

He is seen sporting a Tag Heuer Carrera watch in many photoshoots.

Ryan Gosling net worth- Gucci
Image: Courtesy Gucci

In 2022, Gosling starred in a campaign for Gucci, highlighting their ‘Valigeria travel selection’. The campaign features the maison’s double ‘G’ monogram on a range of bags, trolleys, suitcases, hat boxes and more. Created by Alessandro Michele, the range is an ode to the origin of the Italian fashion house, as founder Guccio Gucci worked as a porter at London’s Savoy Hotel in his early days.

While the exact figure is not known, such luxury brand endorsement deals leave no room for doubt that the Crazy, Stupid, Love (2011) star made a fortune.

Ryan Gosling also strummed his own music

Whenever you read “Ryan Gosling” and “music” in one sentence, chances are it is about La La Land. But little do people know that he is also a trained musician.

Gosling was one half of the rock outfit Dead Man’s Bones with Zack Shields. Active since 2007, the duo released one self-titled album in 2009. W Magazine says, the Halloween album garnered a decent 7.1 score on Pitchfork. The band also went on a 12-city tour where they were opened for by local choirs.

While Gosling’s earning from his musical career is not known, the fact that one of the group’s singles featured in The Conjuring (2013), proves he earned handsomely.

Ryan Gosling’s real estate matters

real estate
Image: Eva Mendes/ Instagram

Gosling, a Canadian native, has been living with his partner Eva Mendes and their two daughters is in Los Angeles for their work. However, recent reports show they are making moves in the real estate market.

The actor couple is making their way away from the bustle of Hollywood to raise their children someplace quiet. In 2021, they sold their Los Feliz home for USD 5 million. Since the property was never listed on the market, hardly any information is available.

Acquired by Mendes in 2008 for USD 3.2 million, it was a beautiful 1926-built Mediterranean Revival-style mansion occupying a corner plot. According to Dirt, the tall hedge and bamboo shoot-lined house had a garage for three cars, a guest studio, patios, terraces and an outdoor swimming pool. It covered an area of about 363 sq m and had four bedrooms and four bathrooms.

Gosling also owned another LA property but predominantly resided at the Los Feliz address. The bachelor pad was also sold in an off-market deal to Hollywood designer Mark Avery for an undisclosed amount.

The couple have been on the lookout for a new place. However, they were outbid on a San Marino, California estate in 2018. While their current address may not be known publicly, the Gosling-Mendes family has been known to spend time in a quaint getaway to the north of LA.

His fleet of luxury cars

With such a massive net worth, it is natural to invest in some automobile beasts and Ryan Gosling has an impressive garage to boast. A black Toyota Prius (starting at USD 17,500) and a 1973 Chevelle Malibu are part of his car collection. The latter also appeared in his 2011 movie Drive.

Gosling reportedly owns a BMW Z8 as well. Priced at USD 250,000, it comes with a 5-speed manual transmission, which takes the driving experience notches higher. A 4.8L V8 engine, helps the car reach a top speed of nearly 230 kmh.

A Ford Mustang, priced at USD 36,000, is also part of Gosling’s luxury fleet. It is equipped with a 5.0L V8 which generates 460 horsepower and 515 Nm of torque and can reach a top speed of about 250 km/h.

His other automobiles reportedly include a Range Rover Vogue and Porsche 911.

Ryan Gosling, the restaurateur

Another interesting fact about Gosling that many may not know is that he is also an entrepreneur. The actor is a co-owner of a Moroccan restaurant, Tagine, in Beverley Hills. A US Magazine report says he joined hands with Morocco-born chef Abdessamad Benameur after sampling his food at a party.

He invested in Tagine in 2004 and as of 2019, has been its part owner. The restaurant has a stellar celebrity clientele which includes Chrissy Teigen, Mike Tyson, Meryl Streep and Keanu Reeves.

(Hero and feature image: Courtesy La La Land/ IMDb)

This story first appeared here

The post Ryan Gosling’s Net Worth, ‘Barbie’ Salary and Expensive Things He Owns appeared first on Prestige Online - HongKong.

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Harrods Is Opening Its First-Ever Private Members’ Club in Shanghai https://www.prestigeonline.com/hk/lifestyle/living/harrods-first-private-members-club-shanghai-for-the-rich/ Wed, 19 Jul 2023 07:23:35 +0000 https://www.prestigeonline.com/hk/?p=276059

London department store Harrods is launching a new private members’ club in Shanghai. Targeting China’s ultra-rich, it will be the first of its kind outside of the UK.

The new club will bear the name, The Residence, and is scheduled to open at the end of the year. It will be located on the second floor of Cha House, a heritage building in the middle of Shanghai.

Harrod’s first private members’ club outside of the UK

The private members’ club will be home to a bar, a lounge, private dining rooms, and terraces. It will also have an exclusive Gordon Ramsay restaurant, offering “elevated British dining.” Upon its opening, the restaurant will be Ramsay’s first in the city. The Harrods Tea Room and Piano Bar are already open to the public in the same building.

Michael Ward, the managing director of Harrods, mentioned in a statement that The Residence will “serve a curated community of discerning members”. In an interview with Bloomberg, Ward added that Chinese consumers contributed 16 per cent to Harrod’s sales in 2022. “We want to have a base to maintain that relationship as we have great customers in China,” he said.

harrods private club
Image credit: Harrod’s

Membership comes with ultra-exclusive benefits

Only 250 memberships will be available upon opening. Additional memberships can be considered based on peer nominations. Moreover, memberships come in three tiers starting from 150,000 Chinese yuan with numerous benefits. One of them is sampling the rare bottles of alcohol thanks to Harrod’s partnership with Edrington Group, a Scottish whisky company.

In addition, members can also access Harrod’s global concierge services. They will also get automatic access to Black Tier status using Harrods Rewards. These services include Harrods Aviation, Harrods Interiors, Harrods Estates, and many others. Founded in 1849, Harrod’s has over 3000 brands and 20 high-end restaurants under its wing. Its global membership network is a mix of high earners aged 30 to 50 from different fields.

(All image credits: Harrods)

This story first appeared here.

The post Harrods Is Opening Its First-Ever Private Members’ Club in Shanghai appeared first on Prestige Online - HongKong.

]]>

London department store Harrods is launching a new private members’ club in Shanghai. Targeting China’s ultra-rich, it will be the first of its kind outside of the UK.

The new club will bear the name, The Residence, and is scheduled to open at the end of the year. It will be located on the second floor of Cha House, a heritage building in the middle of Shanghai.

Harrod’s first private members’ club outside of the UK

The private members’ club will be home to a bar, a lounge, private dining rooms, and terraces. It will also have an exclusive Gordon Ramsay restaurant, offering “elevated British dining.” Upon its opening, the restaurant will be Ramsay’s first in the city. The Harrods Tea Room and Piano Bar are already open to the public in the same building.

Michael Ward, the managing director of Harrods, mentioned in a statement that The Residence will “serve a curated community of discerning members”. In an interview with Bloomberg, Ward added that Chinese consumers contributed 16 per cent to Harrod’s sales in 2022. “We want to have a base to maintain that relationship as we have great customers in China,” he said.

harrods private club
Image credit: Harrod’s

Membership comes with ultra-exclusive benefits

Only 250 memberships will be available upon opening. Additional memberships can be considered based on peer nominations. Moreover, memberships come in three tiers starting from 150,000 Chinese yuan with numerous benefits. One of them is sampling the rare bottles of alcohol thanks to Harrod’s partnership with Edrington Group, a Scottish whisky company.

In addition, members can also access Harrod’s global concierge services. They will also get automatic access to Black Tier status using Harrods Rewards. These services include Harrods Aviation, Harrods Interiors, Harrods Estates, and many others. Founded in 1849, Harrod’s has over 3000 brands and 20 high-end restaurants under its wing. Its global membership network is a mix of high earners aged 30 to 50 from different fields.

(All image credits: Harrods)

This story first appeared here.

The post Harrods Is Opening Its First-Ever Private Members’ Club in Shanghai appeared first on Prestige Online - HongKong.

]]>
Henry Cavill’s Net Worth and the Expensive Things He Owns https://www.prestigeonline.com/hk/lifestyle/wealth-management/henry-cavill-net-worth-superman-the-witcher-earnings-expensive-things-he-owns/ Mon, 17 Jul 2023 09:03:32 +0000 https://www.prestigeonline.com/hk/?p=275523

One of the world’s most famous faces, Henry Cavill owes his popularity to primarily his appearance as Superman in the DC Extended Universe (DCEU) films and his terrific portrayal of Geralt of Rivia in The Witcher series. As such, the Hollywood star commands a high net worth.

Cavill was born in Saint Helier on the island of Jersey, which is part of the Channel Islands and geographically located closer to France than to England. So, Cavill did part of his schooling at St. Michael’s Preparatory School in Saint Saviour, France, before moving to complete his secondary education in Buckinghamshire, England.

He made his debut at the age of 18 years in 2001 in the movie Laguna and has since established himself as an actor of mettle over a two-decade-long career.

Primarily because of acting in films that have earned millions at the box office and the phenomenal success of The Witcher, it is estimated that Cavill has a net worth of USD 40 million.

Earnings from films and TV shows

Ma of Steel Superman
Image: Courtesy of Clay Enos – © 2013 Warner Bros. Entertainment Inc. and Legendary Pictures Funding, LLC Â/IMDb

The Count of Monte Cristo (2002) gave a fillip to the acting career of Henry Cavill. A series of movies followed, including Tristan & Isolde (2006) and Stardust (2007), but the English actor gained fame with the TV series The Tudors (2007–2010). His role as Charles Brandon, 1st Duke of Suffolk was loved by fans and critics alike.

Such was the fame and attention Cavill gained that Entertainment Weekly named him the “Most Dashing Duke” in 2009 in the magazine.

The success of the series thrust Cavill into the spotlight. He played the lead role of Greek hero Theseus in Tarsem Singh’s Immortals (2011). The film received mixed reviews, but Cavill’s performance in the action sequences was noted.

The year 2013 was when Cavill starred in his most famous role — Superman, in Zack Snyder’s Man Of Steel.

Produced by Christopher Nolan, the first film in the DCEU, was a major box office success. It grossed over USD 668 million worldwide, becoming the highest-grossing Superman film ever until Batman v Superman: Dawn of Justice broke the record in 2016.

Reports suggest that Cavill was paid an upfront salary of USD 300,000 for Man of Steel. But the film’s overwhelming box office success led to incentives that took the actor’s pay to around USD 14 million.

Following this, Cavill is believed to have signed similar profit-sharing deals for his subsequent appearances as Superman in the movies. In December 2022, he announced that he will not be playing the universally famous comic book superhero in subsequent DC films, following the franchise’s revamp by James Gunn.

 

View this post on Instagram

 

A post shared by Henry Cavill (@henrycavill)

Besides Superman, Cavill has played the role of American spy Napoleon Solo in The Man from U.N.C.L.E. (2015), the main antagonist August Walker/John Lark opposite Tom Cruise in Mission: Impossible – Fallout (2018) and Sherlock Holmes with Millie Bobby Brown in Enola Holmes (2020) and its sequel Enola Holmes 2 (2022).

In 2019, he appeared in the titular role of the Witcher Geralt of Rivia in Netflix’s The Witcher. The series has been a critical and commercial success, with fans of the books and the games on which the show is based showering praise on Cavill’s performance and appearance.

Reports suggest that the series brought greater fame to Cavill, which is not an exaggeration given that there were vocal protests online after Netflix announced he will be replaced with actor Liam Hemsworth after season 3.

It is estimated that Cavill was paid USD 400,000 per episode of the series in the first season. Since the season has eight episodes, Cavill is believed to have earned around USD 3.2 million.

The Witcher
Image: Courtesy of Netflix – © Netflix/IMDb

His exact pay in season 2 and season 3 is unclear, but a November 2021 report by The Hollywood Reporter suggests that he signed a deal of USD 1 million per episode at the time when season 2 was set to air. This means that he might have made USD 8 million for the second season and is expected to earn the same amount for his final appearance on the acclaimed show.

Even though he is no longer part of The Witcher franchise, the actor has his work bag full. He is set to play lead roles in Guy Ritchie’s World War II-era film The Ministry of Ungentlemanly Warfare and Matthew Vaughn’s spy movie Argylle, both of which are set for release in 2024.

In December 2022, it was announced that he will star in and executive produce an Amazon series based on the world’s most popular miniature wargame, Warhammer 40,000.

Brands that Henry Cavill is associated with

Henry Cavill is a brand ambassador of at least three major brands.

He is the spokesperson for the botanical drinks brand No.1 Botanicals. The fizzy drink brand was founded in 2017 by entrepreneur David Spencer-Percival. Two years later, Cavill became an investor in the brand’s No.1 Rosemary Water drink.

 

View this post on Instagram

 

A post shared by Henry Cavill (@henrycavill)

In 2018, Cavill became the global face of luxury eyewear brand Boss Eyewear for its glasses and sunglasses range and appeared in its #SharpenYourFocus campaign.

Boss Eyewear Cavill
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

His third major brand association is with nutritional brand MuscleTech, which signed the actor as their chief creative director, global brand ambassador and spokesperson in August 2021.

“He personifies MuscleTech, not only in terms of his intense training regimen and science background, but also with his commitment to well-being, involvement in the community, and philosophy on life,” said Jarrod Jordan, chief marketing officer at MuscleTech’s parent company, Iovate Health Sciences International Inc., about the deal.

Cavill has since appeared in MuscleTech advertisements, showcasing his fitness regimen and his Greek-god physique.

Henry Cavill net worth
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Apart from his known brand endorsements, Cavill has also helped launch major products. Perhaps the most notable of these is the twin turbo-charged V8 McLaren MP4-12C Spider.

In 2012, he was seen driving a white version of the high-speed car on the grounds of Windsor Castle as part of a promotional strategy by McLaren for the European launch of the car. The 2012 model of the car has a top speed of 333 km/h and an acceleration of 0-100 km/h in 3.3 seconds.

Cavill’s production house

Henry Cavill launched Promethean Productions with his brother, Charlie Cavill, and London-based producer Rex Glensy. According to company information available on the UK government website, the production house was incorporated in November 2013.

The first film released by the production company was Stratton (2015), a spy movie based on the John Stratton character created by Duncan Falconer in a series of novels. The film was made along with Amber Entertainment and GFM Films.

At the time of the film’s announcement in 2014, Cavill said, “Having the opportunity to expand my horizons into filmmaking is incredibly exciting. Getting to work so closely with my brother in this venture is equally so.”

But he left the project five days before filming was to start, citing “creative differences.” It is unclear if Cavill is still associated with the production house he co-founded, though it remains in business.

How Henry Cavill spends his wealth

Houses Henry Cavill owns

Henry Cavill House
Image: Courtesy of Henry Cavill/@henrycavill/Instagram

Hello! magazine reported in December 2021 that Henry Cavill lives in a small accommodation in South Kensington in London.

Speaking on The Rich Eisen Show, Cavill said that his London home was in fact an erstwhile mews or a converted stable.

“What’s your gaming man cave look like?” quizzed Rich and to that Henry replied:

“I don’t have a man cave. I have a small Mews house in London. What a Mews is, is an old stable that’s been converted into houses over the years. It’s not huge. My computer desk is in my very small living room.”

He further clarified that they don’t look like stables with sawdust and horses, but proper houses that were made out of what once were stables.

 

Cavill had in May 2021 posted a picture on his Instagram, showing him with his girlfriend Natalie Viscuso. They appear to be on the grounds of a large mansion, the front of which is seen in the picture. The same mansion is seen in an earlier post by Cavill in which snow can be seen all around. However, there is no clarity on whether the mansion belongs to the Superman star.

 

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A post shared by Henry Cavill (@henrycavill)

But his house in the US is the opposite of his London home. The American property is located in a secluded area of Lake Sherwood, around 20 minutes drive from Hollywood.

He bought the property for around USD 5.5 million in 2013. To date, the house is his only known address in the US.

What makes the US property grand is both its location and design. It is perched atop a cliff and has a futuristic appearance, giving the impression of being straight out of a sci-fi movie. The media has dubbed it Cavill’s own ‘Fortress of Solitude,’ after the fictional fortress of the same name in Superman comic books.

The property has five bedrooms and six bathrooms. There are floor-to-ceiling windows in most of the main rooms. It has a movie room, a boat deck and an outdoor pool. The property is large enough to boast its own guest quarters.

He also owned a massive family property in his native place Jersey in the Channel Islands in the UK. The property, a mansion named L’Ecluse, overlooking a picturesque valley named Vallee des Vaux, was where he spent his childhood. It was sold in 2016 for approximately USD 5 million.

Spread over approximately 12,140 square metres, the property was originally created in the late 19th century as a farm. During World War II, German forces seized the house on the property and used it as staff quarters.

The seven-bedroom house has granite and marble-topped surfaces as well as luxurious furnishings such as Mark Wilkinson’s New England island kitchen, authentic original 1920 parquet flooring on the second floor and a decked terrace.

Cars and bikes that Henry Cavill rides

Bentley Continental GT V8S

Henry Cavill Car
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

A British actor would obviously have a soft spot for British wheels. And Henry Cavill is no exception. In his garage is a Bentley Continental V8S, from the iconic British luxury automaker.

In September 2017, Cavill shared a selfie from inside his car and words of praise for it on social media.

“I love the way this beast feels….it’s powerful, it’s fast, it looks good and it looks different. Moustaches aside though, this Bentley makes me feel exactly the same way,” he wrote about his magnificent machine.

Henry Cavill net worth
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Cavill’s Bentley Continental GT V8S is blue and has plush soft-cream upholstery in the interiors. The headrests are marked with the Bentley logo.

A new Bentley Continental GT V8S comes with a 4.0-litre V8 engine, delivering 542 bhp. It can go from 0 to 100 km/h in 4.1 seconds and has a top speed of 318 km/h.

Depending on the exact specifications and the numerous customisations the carmaker offers, a Bentley Continental GT V8S coupé — the kind that Cavill owns — starts at USD 252,000.

Bentley Bentayga

Cavill surely is a big fan of Bentley cars. He was spotted driving around in a Bentley Bentayga in New Jersey in June 2018, where he was attending the Durrell Challenge run for wildlife conservation on his home island of Jersey.

But the car isn’t owned by him; it was lent to him for a week by Bentley.

“The other reason im looking so chuffed is because Bentley lent me that car for the weekend so I could ride around in style when I wasn’t running around in short shorts!” Cavill remarked as he shared a post of himself posing next to the car.

 

View this post on Instagram

 

A post shared by Henry Cavill (@henrycavill)

The Bentley Bentagya is a luxury SUV whose line has three different engine types: a 4.0-litre V8 petrol engine, a 6.0-litre W12 petrol engine and a 3.0-litre hybrid. The exact model that Cavill was lent is unclear, but a base model Bentagya has a top speed of 290 km/h on a petrol engine and 254 km/h on a hybrid engine.

Depending on the model, specifications, customisations and engine type, a 2023 Bentley Bentagya can cost anywhere between USD 167,000 and USD 263,000.

Audi Q8 e-tron

geralt Audi e Tron
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

In March 2019, Cavill posed next to his Audi Q8 e-tron car while he was in Jersey for the year’s Durrell Challenge run.

“The event being all about conservation and protecting our planet, I decided it was time to start taking the next step in my own journey to being a better man for the planet and going electric when I can. This was a great opportunity to try out the new e-tron from Audi!” he wrote in a post on social media.

The electric Audi Q8 e-tron (formerly known as Audi e-tron) is a crossover SUV whose production version was launched in 2018. The latest models — of which there are two, a classic SUV and a Sportback — can go up to a range of 600 kilometres. It has the fastest possible acceleration of 0-100 km/h in 4.5 seconds and a top speed of up to 210 km/h. The car starts at around USD 80,000.

A second Audi car

Actor Superman
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Some reports say that Cavill owns an Audi e-tron GT, citing a January 2019 photo in which he is seen posing next to an Audi car with a snow-capped Hungarian landscape in the backdrop.

At the time, he was shooting for the first season of The Witcher at two studios close to the Hungarian capital of Budapest.

“It’s a solid snow day here in Hungary and I live at the top of a 2km hill, but it’s also leg day so I will have to trust in this lovely steed from Audi to get me to the gym in one piece!” he wrote in the caption of his Instagram post in which he shared the picture.

Though it is clear that he has a second Audi, the car is not likely an e-tron GT because the car went on sale in Europe early in 2021. The electric car has two variants — e-tron GT quattro and RS e-tron GT.

Other cars

Cavill is believed to also own an Aston Martin DBS, a Ferrari 458 Spider, a Peugeot 306 GTI and a Cadillac XTS.

In a promotional campaign around his spy movie The Man from U.N.C.L.E. in 2015, Cavill posed with a private aircraft and a red-and-white Rolls-Royce Wraith. It led to speculations that he owns both the jet and the classic automobile which is seen as one of the most defining symbols of status, power, wealth and luxury on four wheels.

The Rolls-Royce Wraith is one of the world’s costliest cars. The 2020 model has a starting price of USD 330,000. The car has a 6.6-litre turbo-charged V12 engine, delivering 623 horsepower.

Ducati XDiavel S

Henry Cavill Ducati 2
Image: Courtesy of Henry Cavill/@henrycavill/Instagram

Cavill also has a passion for bikes. In March 2018, he shared on social media his joy at having bought a Ducati XDiavel S after passing his bike-riding test.

“Another little event in my life that I’ve kept under my hat for a bit. After I passed my test I gifted myself 158 horses, alllll contained in this here steel horse!” he wrote in the caption of the post.

“For those of you out there who may panic and say that it’s too big a bike, worry not. There are 3 riding modes…all the way from I’m ready, I can handle this to Beyonce’s Jelly. It’s been locked away for a bit due to the wintery-ness that we’ve been experiencing in the UK but i will take full advantage of the sunshine when it comes back!” he added.

Made by legendary Italian bike maker Ducati, the XDiavel S is a cruiser powered by a 1262cc liquid-cooled, 8v L-twin engine. It has a top speed of 233 km/h and is meant for experienced bikers. In 2018, the bike came with a price tag of around USD 24,500.

Ducati Panigale V4S

Ducati
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

If Bentley is his favourite car maker, Ducati sure is his favourite bike brand. In August 2019, he raved about a new Ducati that the Italian bike company let him “borrow.”

“Ughhhhh. I love this bike!! The folks at Ducati let me borrow it to try it out and it has definitely placed as my new #1! Thank you Ducati,” he wrote on Instagram, posing on a Ducati Panigale V4S.

The bike is a variant of the Ducati Panigale V4 line, which went into production in 2018. Priced at somewhere around USD 35,000, a new S variant has an approximate top speed of 299 km/h on a 1103cc 90-degree V4 Desmo engine.

Philanthropic works by Henry Cavill

Henry Cavill is also known for his contribution to wildlife conservation through his association with the Durrell Wildlife Conservation Trust on his home island of Jersey.

He has been a regular participant in its annual charity run to help raise funds and spread awareness about wildlife protection and the environment. Even during the pandemic, Cavill participated in the run virtually to ensure that the trust is able to raise money for their important charitable cause.

Durrell Run
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Besides Durrell Wildlife Conservation Trust, Cavill is also an ambassador of the Royal Marines — the special operations commando component of the Royal Navy.

Cavill is the longest-serving ambassador of the force, according to the Royal Marines charity website. He also has a family connection to the commando wing as his brother, Colonel Nik Cavill, is a senior serving Royal Marine.

As an ambassador, he has participated in the Gibraltar Rock Run and taken the Royal Marines Commando Challenge.

In fact, so famous is Cavill’s image that Paramount Pictures decided to do charity on their own using nothing but the actor’s famous moustache from Mission: Impossible — Fallout (2018) as an inspiration.

On 19 November 2018, the studio announced that it has donated to Movember in support of their men’s health initiatives “in memory of Henry Cavill’s #KingStache.”

The story first appeared on Lifestyle Asia India

(Hero image: Courtesy of Daniel Smith – © 2013 Warner Bros. Entertainment Inc./IMDb; Featured image: Courtesy of Henry Cavill/@henrycavill/Facebook)

The post Henry Cavill’s Net Worth and the Expensive Things He Owns appeared first on Prestige Online - HongKong.

]]>

One of the world’s most famous faces, Henry Cavill owes his popularity to primarily his appearance as Superman in the DC Extended Universe (DCEU) films and his terrific portrayal of Geralt of Rivia in The Witcher series. As such, the Hollywood star commands a high net worth.

Cavill was born in Saint Helier on the island of Jersey, which is part of the Channel Islands and geographically located closer to France than to England. So, Cavill did part of his schooling at St. Michael’s Preparatory School in Saint Saviour, France, before moving to complete his secondary education in Buckinghamshire, England.

He made his debut at the age of 18 years in 2001 in the movie Laguna and has since established himself as an actor of mettle over a two-decade-long career.

Primarily because of acting in films that have earned millions at the box office and the phenomenal success of The Witcher, it is estimated that Cavill has a net worth of USD 40 million.

Earnings from films and TV shows

Ma of Steel Superman
Image: Courtesy of Clay Enos – © 2013 Warner Bros. Entertainment Inc. and Legendary Pictures Funding, LLC Â/IMDb

The Count of Monte Cristo (2002) gave a fillip to the acting career of Henry Cavill. A series of movies followed, including Tristan & Isolde (2006) and Stardust (2007), but the English actor gained fame with the TV series The Tudors (2007–2010). His role as Charles Brandon, 1st Duke of Suffolk was loved by fans and critics alike.

Such was the fame and attention Cavill gained that Entertainment Weekly named him the “Most Dashing Duke” in 2009 in the magazine.

The success of the series thrust Cavill into the spotlight. He played the lead role of Greek hero Theseus in Tarsem Singh’s Immortals (2011). The film received mixed reviews, but Cavill’s performance in the action sequences was noted.

The year 2013 was when Cavill starred in his most famous role — Superman, in Zack Snyder’s Man Of Steel.

Produced by Christopher Nolan, the first film in the DCEU, was a major box office success. It grossed over USD 668 million worldwide, becoming the highest-grossing Superman film ever until Batman v Superman: Dawn of Justice broke the record in 2016.

Reports suggest that Cavill was paid an upfront salary of USD 300,000 for Man of Steel. But the film’s overwhelming box office success led to incentives that took the actor’s pay to around USD 14 million.

Following this, Cavill is believed to have signed similar profit-sharing deals for his subsequent appearances as Superman in the movies. In December 2022, he announced that he will not be playing the universally famous comic book superhero in subsequent DC films, following the franchise’s revamp by James Gunn.

 

View this post on Instagram

 

A post shared by Henry Cavill (@henrycavill)

Besides Superman, Cavill has played the role of American spy Napoleon Solo in The Man from U.N.C.L.E. (2015), the main antagonist August Walker/John Lark opposite Tom Cruise in Mission: Impossible – Fallout (2018) and Sherlock Holmes with Millie Bobby Brown in Enola Holmes (2020) and its sequel Enola Holmes 2 (2022).

In 2019, he appeared in the titular role of the Witcher Geralt of Rivia in Netflix’s The Witcher. The series has been a critical and commercial success, with fans of the books and the games on which the show is based showering praise on Cavill’s performance and appearance.

Reports suggest that the series brought greater fame to Cavill, which is not an exaggeration given that there were vocal protests online after Netflix announced he will be replaced with actor Liam Hemsworth after season 3.

It is estimated that Cavill was paid USD 400,000 per episode of the series in the first season. Since the season has eight episodes, Cavill is believed to have earned around USD 3.2 million.

The Witcher
Image: Courtesy of Netflix – © Netflix/IMDb

His exact pay in season 2 and season 3 is unclear, but a November 2021 report by The Hollywood Reporter suggests that he signed a deal of USD 1 million per episode at the time when season 2 was set to air. This means that he might have made USD 8 million for the second season and is expected to earn the same amount for his final appearance on the acclaimed show.

Even though he is no longer part of The Witcher franchise, the actor has his work bag full. He is set to play lead roles in Guy Ritchie’s World War II-era film The Ministry of Ungentlemanly Warfare and Matthew Vaughn’s spy movie Argylle, both of which are set for release in 2024.

In December 2022, it was announced that he will star in and executive produce an Amazon series based on the world’s most popular miniature wargame, Warhammer 40,000.

Brands that Henry Cavill is associated with

Henry Cavill is a brand ambassador of at least three major brands.

He is the spokesperson for the botanical drinks brand No.1 Botanicals. The fizzy drink brand was founded in 2017 by entrepreneur David Spencer-Percival. Two years later, Cavill became an investor in the brand’s No.1 Rosemary Water drink.

 

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A post shared by Henry Cavill (@henrycavill)

In 2018, Cavill became the global face of luxury eyewear brand Boss Eyewear for its glasses and sunglasses range and appeared in its #SharpenYourFocus campaign.

Boss Eyewear Cavill
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

His third major brand association is with nutritional brand MuscleTech, which signed the actor as their chief creative director, global brand ambassador and spokesperson in August 2021.

“He personifies MuscleTech, not only in terms of his intense training regimen and science background, but also with his commitment to well-being, involvement in the community, and philosophy on life,” said Jarrod Jordan, chief marketing officer at MuscleTech’s parent company, Iovate Health Sciences International Inc., about the deal.

Cavill has since appeared in MuscleTech advertisements, showcasing his fitness regimen and his Greek-god physique.

Henry Cavill net worth
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Apart from his known brand endorsements, Cavill has also helped launch major products. Perhaps the most notable of these is the twin turbo-charged V8 McLaren MP4-12C Spider.

In 2012, he was seen driving a white version of the high-speed car on the grounds of Windsor Castle as part of a promotional strategy by McLaren for the European launch of the car. The 2012 model of the car has a top speed of 333 km/h and an acceleration of 0-100 km/h in 3.3 seconds.

Cavill’s production house

Henry Cavill launched Promethean Productions with his brother, Charlie Cavill, and London-based producer Rex Glensy. According to company information available on the UK government website, the production house was incorporated in November 2013.

The first film released by the production company was Stratton (2015), a spy movie based on the John Stratton character created by Duncan Falconer in a series of novels. The film was made along with Amber Entertainment and GFM Films.

At the time of the film’s announcement in 2014, Cavill said, “Having the opportunity to expand my horizons into filmmaking is incredibly exciting. Getting to work so closely with my brother in this venture is equally so.”

But he left the project five days before filming was to start, citing “creative differences.” It is unclear if Cavill is still associated with the production house he co-founded, though it remains in business.

How Henry Cavill spends his wealth

Houses Henry Cavill owns

Henry Cavill House
Image: Courtesy of Henry Cavill/@henrycavill/Instagram

Hello! magazine reported in December 2021 that Henry Cavill lives in a small accommodation in South Kensington in London.

Speaking on The Rich Eisen Show, Cavill said that his London home was in fact an erstwhile mews or a converted stable.

“What’s your gaming man cave look like?” quizzed Rich and to that Henry replied:

“I don’t have a man cave. I have a small Mews house in London. What a Mews is, is an old stable that’s been converted into houses over the years. It’s not huge. My computer desk is in my very small living room.”

He further clarified that they don’t look like stables with sawdust and horses, but proper houses that were made out of what once were stables.

 

Cavill had in May 2021 posted a picture on his Instagram, showing him with his girlfriend Natalie Viscuso. They appear to be on the grounds of a large mansion, the front of which is seen in the picture. The same mansion is seen in an earlier post by Cavill in which snow can be seen all around. However, there is no clarity on whether the mansion belongs to the Superman star.

 

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But his house in the US is the opposite of his London home. The American property is located in a secluded area of Lake Sherwood, around 20 minutes drive from Hollywood.

He bought the property for around USD 5.5 million in 2013. To date, the house is his only known address in the US.

What makes the US property grand is both its location and design. It is perched atop a cliff and has a futuristic appearance, giving the impression of being straight out of a sci-fi movie. The media has dubbed it Cavill’s own ‘Fortress of Solitude,’ after the fictional fortress of the same name in Superman comic books.

The property has five bedrooms and six bathrooms. There are floor-to-ceiling windows in most of the main rooms. It has a movie room, a boat deck and an outdoor pool. The property is large enough to boast its own guest quarters.

He also owned a massive family property in his native place Jersey in the Channel Islands in the UK. The property, a mansion named L’Ecluse, overlooking a picturesque valley named Vallee des Vaux, was where he spent his childhood. It was sold in 2016 for approximately USD 5 million.

Spread over approximately 12,140 square metres, the property was originally created in the late 19th century as a farm. During World War II, German forces seized the house on the property and used it as staff quarters.

The seven-bedroom house has granite and marble-topped surfaces as well as luxurious furnishings such as Mark Wilkinson’s New England island kitchen, authentic original 1920 parquet flooring on the second floor and a decked terrace.

Cars and bikes that Henry Cavill rides

Bentley Continental GT V8S

Henry Cavill Car
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

A British actor would obviously have a soft spot for British wheels. And Henry Cavill is no exception. In his garage is a Bentley Continental V8S, from the iconic British luxury automaker.

In September 2017, Cavill shared a selfie from inside his car and words of praise for it on social media.

“I love the way this beast feels….it’s powerful, it’s fast, it looks good and it looks different. Moustaches aside though, this Bentley makes me feel exactly the same way,” he wrote about his magnificent machine.

Henry Cavill net worth
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Cavill’s Bentley Continental GT V8S is blue and has plush soft-cream upholstery in the interiors. The headrests are marked with the Bentley logo.

A new Bentley Continental GT V8S comes with a 4.0-litre V8 engine, delivering 542 bhp. It can go from 0 to 100 km/h in 4.1 seconds and has a top speed of 318 km/h.

Depending on the exact specifications and the numerous customisations the carmaker offers, a Bentley Continental GT V8S coupé — the kind that Cavill owns — starts at USD 252,000.

Bentley Bentayga

Cavill surely is a big fan of Bentley cars. He was spotted driving around in a Bentley Bentayga in New Jersey in June 2018, where he was attending the Durrell Challenge run for wildlife conservation on his home island of Jersey.

But the car isn’t owned by him; it was lent to him for a week by Bentley.

“The other reason im looking so chuffed is because Bentley lent me that car for the weekend so I could ride around in style when I wasn’t running around in short shorts!” Cavill remarked as he shared a post of himself posing next to the car.

 

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The Bentley Bentagya is a luxury SUV whose line has three different engine types: a 4.0-litre V8 petrol engine, a 6.0-litre W12 petrol engine and a 3.0-litre hybrid. The exact model that Cavill was lent is unclear, but a base model Bentagya has a top speed of 290 km/h on a petrol engine and 254 km/h on a hybrid engine.

Depending on the model, specifications, customisations and engine type, a 2023 Bentley Bentagya can cost anywhere between USD 167,000 and USD 263,000.

Audi Q8 e-tron

geralt Audi e Tron
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

In March 2019, Cavill posed next to his Audi Q8 e-tron car while he was in Jersey for the year’s Durrell Challenge run.

“The event being all about conservation and protecting our planet, I decided it was time to start taking the next step in my own journey to being a better man for the planet and going electric when I can. This was a great opportunity to try out the new e-tron from Audi!” he wrote in a post on social media.

The electric Audi Q8 e-tron (formerly known as Audi e-tron) is a crossover SUV whose production version was launched in 2018. The latest models — of which there are two, a classic SUV and a Sportback — can go up to a range of 600 kilometres. It has the fastest possible acceleration of 0-100 km/h in 4.5 seconds and a top speed of up to 210 km/h. The car starts at around USD 80,000.

A second Audi car

Actor Superman
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Some reports say that Cavill owns an Audi e-tron GT, citing a January 2019 photo in which he is seen posing next to an Audi car with a snow-capped Hungarian landscape in the backdrop.

At the time, he was shooting for the first season of The Witcher at two studios close to the Hungarian capital of Budapest.

“It’s a solid snow day here in Hungary and I live at the top of a 2km hill, but it’s also leg day so I will have to trust in this lovely steed from Audi to get me to the gym in one piece!” he wrote in the caption of his Instagram post in which he shared the picture.

Though it is clear that he has a second Audi, the car is not likely an e-tron GT because the car went on sale in Europe early in 2021. The electric car has two variants — e-tron GT quattro and RS e-tron GT.

Other cars

Cavill is believed to also own an Aston Martin DBS, a Ferrari 458 Spider, a Peugeot 306 GTI and a Cadillac XTS.

In a promotional campaign around his spy movie The Man from U.N.C.L.E. in 2015, Cavill posed with a private aircraft and a red-and-white Rolls-Royce Wraith. It led to speculations that he owns both the jet and the classic automobile which is seen as one of the most defining symbols of status, power, wealth and luxury on four wheels.

The Rolls-Royce Wraith is one of the world’s costliest cars. The 2020 model has a starting price of USD 330,000. The car has a 6.6-litre turbo-charged V12 engine, delivering 623 horsepower.

Ducati XDiavel S

Henry Cavill Ducati 2
Image: Courtesy of Henry Cavill/@henrycavill/Instagram

Cavill also has a passion for bikes. In March 2018, he shared on social media his joy at having bought a Ducati XDiavel S after passing his bike-riding test.

“Another little event in my life that I’ve kept under my hat for a bit. After I passed my test I gifted myself 158 horses, alllll contained in this here steel horse!” he wrote in the caption of the post.

“For those of you out there who may panic and say that it’s too big a bike, worry not. There are 3 riding modes…all the way from I’m ready, I can handle this to Beyonce’s Jelly. It’s been locked away for a bit due to the wintery-ness that we’ve been experiencing in the UK but i will take full advantage of the sunshine when it comes back!” he added.

Made by legendary Italian bike maker Ducati, the XDiavel S is a cruiser powered by a 1262cc liquid-cooled, 8v L-twin engine. It has a top speed of 233 km/h and is meant for experienced bikers. In 2018, the bike came with a price tag of around USD 24,500.

Ducati Panigale V4S

Ducati
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

If Bentley is his favourite car maker, Ducati sure is his favourite bike brand. In August 2019, he raved about a new Ducati that the Italian bike company let him “borrow.”

“Ughhhhh. I love this bike!! The folks at Ducati let me borrow it to try it out and it has definitely placed as my new #1! Thank you Ducati,” he wrote on Instagram, posing on a Ducati Panigale V4S.

The bike is a variant of the Ducati Panigale V4 line, which went into production in 2018. Priced at somewhere around USD 35,000, a new S variant has an approximate top speed of 299 km/h on a 1103cc 90-degree V4 Desmo engine.

Philanthropic works by Henry Cavill

Henry Cavill is also known for his contribution to wildlife conservation through his association with the Durrell Wildlife Conservation Trust on his home island of Jersey.

He has been a regular participant in its annual charity run to help raise funds and spread awareness about wildlife protection and the environment. Even during the pandemic, Cavill participated in the run virtually to ensure that the trust is able to raise money for their important charitable cause.

Durrell Run
Image: Courtesy of Henry Cavill/@henrycavill/Facebook

Besides Durrell Wildlife Conservation Trust, Cavill is also an ambassador of the Royal Marines — the special operations commando component of the Royal Navy.

Cavill is the longest-serving ambassador of the force, according to the Royal Marines charity website. He also has a family connection to the commando wing as his brother, Colonel Nik Cavill, is a senior serving Royal Marine.

As an ambassador, he has participated in the Gibraltar Rock Run and taken the Royal Marines Commando Challenge.

In fact, so famous is Cavill’s image that Paramount Pictures decided to do charity on their own using nothing but the actor’s famous moustache from Mission: Impossible — Fallout (2018) as an inspiration.

On 19 November 2018, the studio announced that it has donated to Movember in support of their men’s health initiatives “in memory of Henry Cavill’s #KingStache.”

The story first appeared on Lifestyle Asia India

(Hero image: Courtesy of Daniel Smith – © 2013 Warner Bros. Entertainment Inc./IMDb; Featured image: Courtesy of Henry Cavill/@henrycavill/Facebook)

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Net Worth of ‘Barbie’ Star Margot Robbie and How She Spends Her Fortune https://www.prestigeonline.com/hk/lifestyle/wealth-management/margot-robbie-net-worth-and-the-expensive-things-she-owns/ Fri, 14 Jul 2023 03:08:09 +0000 https://www.prestigeonline.com/hk/?p=275046 Margot Robbie Net Worth

Margot Robbie is an Australian actor hailed as one of the biggest names in Hollywood. She owes her success to the brilliant characters she portrays in movies, which majorly contribute to her high net worth.

Robbie was born in Dalby, Queensland, and started her acting career in Australia before moving to the US sometime in the early 2010s.

In just a decade, she has cemented her name as one of the most bankable stars in the industry. Her outstanding performances in films, such as I, Tonya (2017) and Bombshell (2019), and big-budget franchise movies of DC Extended Universe (DCEU) have turned Robbie into an instantly recognisable worldwide name from Japan to the American west coast.

She has also successfully added the tag of producer to her name as well as that of a businessperson, partnering with her husband, British filmmaker Tom Ackerley, on several acclaimed movies.

Interestingly, Robbie is known for being an extremely private person. She is not on social media, having apparently deactivated her Instagram account sometime after announcing a break from social platforms in 2021. Her Facebook account has only a handful of posts, and most of them are related to her films, with the last post being from March 2018.

Margot Robbie: A look at her career

Margot Robbie film
Margot Robbie in a still from The Wolf of Wall Street. (Image credit: Mary Cybulski – © 2013 Paramount Pictures. All Rights Reserved./IMDb)

Margot Robbie started her acting career with the Australian TV series Neighbours (2008–2011, 2022). Her breakthrough role came with The Wolf of Wall Street (2013), and she has since gone on to lead major critically and commercially successful films, such as Z for Zachariah (2015), I, Tonya, Mary Queen of Scots (2018), Bombshell, Once Upon a Time in Hollywood (2019) and Asteroid City (2023).

Her portrayal of Harley Quinn in three DCEU films — Suicide Squad (2016), Birds of Prey (2020) and The Suicide Squad (2021) — has been hailed universally by fans of the iconic DC comic book character.

She has garnered two Academy Award nominations, four Golden Globe nominations and five BAFTA nominations so far. She has also been recognised by Time magazine as one of the 100 most influential people in the world in 2017.

How much does Margot Robbie earn from films?

Birds of Prey
Robbie as Harley Quin in Birds of Prey. (Image credit: IMDb)

Celebrity wealth tracker Celebrity Net Worth estimates Margot Robbie may have a net worth of USD 40 million.

Much of this is obviously because of her film career. But it is not clear how much she may have made from the movies she has been a part of as an actor or producer in the earlier years.

Commenting about her stint in Neighbours, she told Vanity Fair in 2014 that she “saved up enough to get me through three years unemployed.” Some reports suggest that she was paid somewhere around USD 350,000 for The Wolf of Wall Street and almost double that figure two years later for Z for Zachariah.

But by 2019, she was listed by Forbes as one of the highest-paid actresses in the world with total earnings of USD 23.5 million. The publication noted that a prime reason behind her income was the eight-figure upfront earnings from Birds of Prey of which she was also a producer.

Her income in recent years is better known, especially for Greta Gerwig’s Barbie — one of the most-anticipated films of 2023.

Robbie plays the titular character, who is based on the world-famous Mattel doll, and stars alongside Ryan Gosling, who plays Ken. The film also has a larger A-list star cast, including Dua Lipa, Emma Mackey, Simu Liu, Ncuti Gatwa and John Cena, playing different versions of Barbie and Ken. The film also stars America Ferrera, Kate McKinnon, Issa Rae, Rhea Perlman, and Will Ferrell.

According to multiple reports both Robbie and Gosling have been paid USD 12.5 million each for Barbie. It is not clear if Robbie or any of the other actors have a share in the profits of the film, similar to how some A-list stars, such as Tom Cruise, the star of Mission: Impossible – Dead Reckoning Part One (2023), do in their cases.

Nevertheless, Robbie serves as one of the producers of the film. This means her overall paycheck from Barbie will be much higher than her acting fees of USD 12.5 million.

Margot Robbie’s endorsements and businesses

The face of Calvin Klein and Chanel

Robbie Calvin Klein net worth
A promotional picture showing Robbie in a campaign for Calvin Klein’s Deep Euphoria fragrance. (Image credit: calvinklein/@CalvinKlein/Twitter)

Robbie became the face of Calvin Klein’s Deep Euphoria fragrance in 2016. The scent has cascalone and mandarin leaf as its top notes; black rose and geranium, among others, as middle tones; and patchouli and musk as base notes.

She became a brand ambassador of Chanel in 2018 and since then has worn the brand’s dresses for most of her public appearances. However, it is unclear if she continues to be the brand ambassador of the luxury fashion brand, as Robbie has been seen wearing a series of Bottega Veneta creations in November 2022.

Margot Robbie in chanel
Robbie wears Chanel at two different ceremonies. (Image credit: CHANEL/@CHANEL/Twitter)

Though she picked a Chanel for her 2023 Golden Globes appearance, she was seen in a Valentino at the London premiere of her film Babylon and wore Bottega Veneta in January 2023.

Be it Calvin Klein, Chanel or Bottega Veneta, details of the deal in each of them are not known.

Nissan electric’s ambassador

Robbie was named Nissan’s first electric vehicle ambassador by the Japanese auto giant in February 2017. As part of the promotional event, which was held in Monaco, Robbie went behind the wheels of a Nissan BladeGilder concept car and raced it down the streets.

In her role as Nissan Electric Vehicle Ambassador, Robbie said, “Our lives are literally turning electric, but the sad fact is that so many people around the world still don’t have access to a reliable source of electricity at all.”

Some months later, a 2018 Daily Mail report cited a publicist saying that Robbie would be paid around USD 1 million over a period of two years as part of her ambassadorship.

Margot Robbie’s production company

Boston Stragler
A still from LuckyChap Entertainment’s movie Boston Strangler shows Kiera Knightley as Loretta McLaughlin. (Image credit: 20th Century Studios/20th Century Studios – © 2022 20th Century Studios. All Rights Reserved./IMDb)

Margot Robbie co-founded the production company LuckyChap Entertainment with Tom Ackerley and some of their friends in 2014.

The production house has since released critically and commercially successful movies such as I, Tonya (2017), Promising Young Woman (2020) and Boston Strangler (2023), headlined by Robbie, Carey Mulligan and Keira Knightley, respectively.

Through her company, Robbie is also the producer of Barbie whose total production budget is an estimated USD 100 million.

Papa Salt gin

Papa Salt
A bottle of Papa Salt gin at a production facility. (Image credit: Papa Salt/@papasaltgin/Instagram)

Along with Tom Ackerley and industry friends, Charlie Maas, Josey McNamara and Regan Riskas, Margot Robbie used her net worth to co-found a new line of gin, Papa Salt, in May 2023.

Made in Byron Bay — a coastal town in New South Wales, Australia — the gin is reportedly inspired by the east coast of Australia. The brand’s website calls it an “easy-drinking gin that celebrates the subtle taste of native Australian botanicals.”

The official site also reveals that the founders experimented with 59 recipes before coming to the right combination for Papa Gin. It has notes of zesty wax flower, hibiscus and citrus peel as well as nutty wattleseed, pink peppercorn and a hint of oyster shell.

Expensive things Margot Robbie owns

Car collection

Unlike most other celebrities, it is difficult to find out the exact cars that Margot Robbie owns. While several reports say that she owns a Mercedes-Benz CLA, a Ford Explorer, a Mercedes G63 AMG and an Audi A6, among other cars, little can be ascertained about them.

Robbie has hardly ever been seen in them and, unlike Henry Cavill who posts pictures of his rides on social media, she never talked about four-wheelers while she was active.

However, older pictures show that she has at least owned a Hyundai Excel, a predecessor of the Hyundai Accent. During its production run from 1985 to 1999, the Hyundai Excel was one of the most affordable cars but had features that were found in more expensive cars of its kind. Pictures suggest that Robbie drove a green Hyundai Excel. It is not clear if she still owns it.

The other car that she has been seen in is a Cadillac Escalade. Made by American automaker General Motors, the Cadillac Escalade is a full-size SUV, a favourite among celebrities. A 2023 model of the car starts at around USD 81,000 and can go up to USD 151,000. Depending on the variant, it can either have a 6.2L V8 engine or a 6.2L Supercharged V8 engine. It has a top speed of just over 200 km/h.

Cadillac Escalade
A 2023 Cadillac Escalade. Robbie is believed to own one such machine. (Image credit: Cadillac)

Some reports indicate that she also owns a Nissan LEAF electric vehicle, which might make sense since she is a brand ambassador of the car brand. In fact, the Daily Mail report from December 2018 says that a publicist revealed she would likely be gifted a car by Nissan when she signed up to be their face.

A 2023 Nissan LEAF goes up to 340 km on a full charge on the back of its 40 kWh battery, which can be increased to 60 kWh. The starting price of the electric car is USD 28,000.

Real estate

In a short span of time, Margot Robbie strengthened her net worth on the back of smart investments in a real estate portfolio that helps her live comfortably in both the US and her home country of Australia.

One of Robbie’s best-known homes is located in the Venice Beach neighbourhood of Los Angeles. It was bought by the actor in around October 2019 for USD 5 million, shortly after she was named by Forbes as one of the world’s highest-paid female actors.

The property has three separate structures on a double-wide lot, the exact size of which is unknown. It is built like a fortress and has its own gate, alarm systems and CCTV cameras. Besides the main building, it has a two-bedroom separate structure and a cottage-style third structure. There is a three-car garage on the property as well.

In mid-2021, when parts of the property were still under construction, TMZ reported that its total worth will be an estimated USD 15 million.

Besides her US address, Robbie is believed to own a home in Byron Bay. It was bought by her in 2018 for around USD 3 million. Australian media reports from the time suggest that she indeed had a look at the property located in Linnaeus Estate, which was a private gated beachfront estate, between Byron Bay and Lennox Head.

The timber-lined property is situated next to a beach. It has an all-white interior, large kitchen and designer bathroom, as well as a treehouse-like alfresco deck that extends out of the main building into the greenery-covered ground of the property.

In May 2023, Robbie and Ackerley reportedly took a look at another Byron Bay property. Reports say that the property, named Cedar Hill, is described as one of the ‘most beautiful homes’ in the country. It is situated around 10 km south of Byron Bay in a secluded place called Newrybar.

 

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It was last sold in 2019 for around USD 1.6 million, but records indicate that another USD 2 million was spent on its redevelopment.

The barn-style main building sits on 20,000 square metres. It has eight bedrooms and as many bathrooms, along with an open-style kitchen, living and dining areas. It comes with custom-designed furniture, such as a 16-chair dining table and sofas covered in bohemian textiles. The house has an infinity pool, too. Glass, concrete, recycled timber and natural stone among other materials have been used in its construction.

In 2019, Robbie spent around USD 2 million on two adjoining homes on Gold Coast in Southport, Queensland. They were bought for her mother, Sarie Kessler, and older sister, Anya Robbie. Each property has two bedrooms, three bathrooms and a garage.

Five years before the dual purchase, she had also paid off her mother’s mortgage on their family home on Gold Coast. The family home was originally bought in 2007 by Sarie for around USD 300,000. It had four bedrooms, three bathrooms and a backyard pool. Some years after its mortgage was paid off, the Robbie family sold off the house.

Among her previous accommodations is a 312.5-square-metre home in a 603-square-metre plot in Hancock Park, a suburb of Los Angeles in California. It was one of the first major properties that the actor added to her portfolio. Robbie bought it in 2017, shortly after her marriage to Ackerley and their move to the US from London.

The two-floor home, built in 2016, is quite modest. It has four bedrooms, all decked in white walls and five-and-half bathrooms. A huge black chandelier hangs over a blue round sofa in the family room, which also has a fireplace. Just outside the huge floor-to-ceiling glass window of the room is the property’s outdoor pool, which has a low, yellow diving board.

In the kitchen is a Carrara marble sink and a six-seat counter. On the second floor is the master bedroom with a private balcony. The property also has a boutique wine cellar, spa, patio with a bar and pool bath, and an open-air cabana.

Robbie paid around USD 2.7 million for the property when she bought it. In May 2021, she sold the property for around USD 3.5 million.

 

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In 2018, Robbie paid USD 950,000 to buy a house owned by Milk (2008) director Dustin Lance Black in Hollywood Heights in Los Angeles. Robbie bought the property as an investment and is, therefore, believed to have never lived in it. Originally built in the 1950s, the actual size of the two-bedroom and one-bath home is 88 square metres.

Robbie commissioned a restoration work on the property, following which the walls and the furnishings were given new colours and fittings. Right behind the property are two terraces that are built into a hillside and have enough space for seating. The uppermost terrace overlooks the house and gives a fantastic view of the neighbourhood.

Reports suggest that the house was immediately put on rent for USD 5,000 per month after Robbie bought it. In December 2020, she put it up for sale for USD 1.2 million.

(Hero image: IMDb; Featured image: Courtesy Warner Bros. Pictures/Courtesy Warner Bros. Pictures – © 2023 Warner Bros. Entertainment Inc. All Rights Reserved./IMDb)

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Margot Robbie Net Worth

Margot Robbie is an Australian actor hailed as one of the biggest names in Hollywood. She owes her success to the brilliant characters she portrays in movies, which majorly contribute to her high net worth.

Robbie was born in Dalby, Queensland, and started her acting career in Australia before moving to the US sometime in the early 2010s.

In just a decade, she has cemented her name as one of the most bankable stars in the industry. Her outstanding performances in films, such as I, Tonya (2017) and Bombshell (2019), and big-budget franchise movies of DC Extended Universe (DCEU) have turned Robbie into an instantly recognisable worldwide name from Japan to the American west coast.

She has also successfully added the tag of producer to her name as well as that of a businessperson, partnering with her husband, British filmmaker Tom Ackerley, on several acclaimed movies.

Interestingly, Robbie is known for being an extremely private person. She is not on social media, having apparently deactivated her Instagram account sometime after announcing a break from social platforms in 2021. Her Facebook account has only a handful of posts, and most of them are related to her films, with the last post being from March 2018.

Margot Robbie: A look at her career

Margot Robbie film
Margot Robbie in a still from The Wolf of Wall Street. (Image credit: Mary Cybulski – © 2013 Paramount Pictures. All Rights Reserved./IMDb)

Margot Robbie started her acting career with the Australian TV series Neighbours (2008–2011, 2022). Her breakthrough role came with The Wolf of Wall Street (2013), and she has since gone on to lead major critically and commercially successful films, such as Z for Zachariah (2015), I, Tonya, Mary Queen of Scots (2018), Bombshell, Once Upon a Time in Hollywood (2019) and Asteroid City (2023).

Her portrayal of Harley Quinn in three DCEU films — Suicide Squad (2016), Birds of Prey (2020) and The Suicide Squad (2021) — has been hailed universally by fans of the iconic DC comic book character.

She has garnered two Academy Award nominations, four Golden Globe nominations and five BAFTA nominations so far. She has also been recognised by Time magazine as one of the 100 most influential people in the world in 2017.

How much does Margot Robbie earn from films?

Birds of Prey
Robbie as Harley Quin in Birds of Prey. (Image credit: IMDb)

Celebrity wealth tracker Celebrity Net Worth estimates Margot Robbie may have a net worth of USD 40 million.

Much of this is obviously because of her film career. But it is not clear how much she may have made from the movies she has been a part of as an actor or producer in the earlier years.

Commenting about her stint in Neighbours, she told Vanity Fair in 2014 that she “saved up enough to get me through three years unemployed.” Some reports suggest that she was paid somewhere around USD 350,000 for The Wolf of Wall Street and almost double that figure two years later for Z for Zachariah.

But by 2019, she was listed by Forbes as one of the highest-paid actresses in the world with total earnings of USD 23.5 million. The publication noted that a prime reason behind her income was the eight-figure upfront earnings from Birds of Prey of which she was also a producer.

Her income in recent years is better known, especially for Greta Gerwig’s Barbie — one of the most-anticipated films of 2023.

Robbie plays the titular character, who is based on the world-famous Mattel doll, and stars alongside Ryan Gosling, who plays Ken. The film also has a larger A-list star cast, including Dua Lipa, Emma Mackey, Simu Liu, Ncuti Gatwa and John Cena, playing different versions of Barbie and Ken. The film also stars America Ferrera, Kate McKinnon, Issa Rae, Rhea Perlman, and Will Ferrell.

According to multiple reports both Robbie and Gosling have been paid USD 12.5 million each for Barbie. It is not clear if Robbie or any of the other actors have a share in the profits of the film, similar to how some A-list stars, such as Tom Cruise, the star of Mission: Impossible – Dead Reckoning Part One (2023), do in their cases.

Nevertheless, Robbie serves as one of the producers of the film. This means her overall paycheck from Barbie will be much higher than her acting fees of USD 12.5 million.

Margot Robbie’s endorsements and businesses

The face of Calvin Klein and Chanel

Robbie Calvin Klein net worth
A promotional picture showing Robbie in a campaign for Calvin Klein’s Deep Euphoria fragrance. (Image credit: calvinklein/@CalvinKlein/Twitter)

Robbie became the face of Calvin Klein’s Deep Euphoria fragrance in 2016. The scent has cascalone and mandarin leaf as its top notes; black rose and geranium, among others, as middle tones; and patchouli and musk as base notes.

She became a brand ambassador of Chanel in 2018 and since then has worn the brand’s dresses for most of her public appearances. However, it is unclear if she continues to be the brand ambassador of the luxury fashion brand, as Robbie has been seen wearing a series of Bottega Veneta creations in November 2022.

Margot Robbie in chanel
Robbie wears Chanel at two different ceremonies. (Image credit: CHANEL/@CHANEL/Twitter)

Though she picked a Chanel for her 2023 Golden Globes appearance, she was seen in a Valentino at the London premiere of her film Babylon and wore Bottega Veneta in January 2023.

Be it Calvin Klein, Chanel or Bottega Veneta, details of the deal in each of them are not known.

Nissan electric’s ambassador

Robbie was named Nissan’s first electric vehicle ambassador by the Japanese auto giant in February 2017. As part of the promotional event, which was held in Monaco, Robbie went behind the wheels of a Nissan BladeGilder concept car and raced it down the streets.

In her role as Nissan Electric Vehicle Ambassador, Robbie said, “Our lives are literally turning electric, but the sad fact is that so many people around the world still don’t have access to a reliable source of electricity at all.”

Some months later, a 2018 Daily Mail report cited a publicist saying that Robbie would be paid around USD 1 million over a period of two years as part of her ambassadorship.

Margot Robbie’s production company

Boston Stragler
A still from LuckyChap Entertainment’s movie Boston Strangler shows Kiera Knightley as Loretta McLaughlin. (Image credit: 20th Century Studios/20th Century Studios – © 2022 20th Century Studios. All Rights Reserved./IMDb)

Margot Robbie co-founded the production company LuckyChap Entertainment with Tom Ackerley and some of their friends in 2014.

The production house has since released critically and commercially successful movies such as I, Tonya (2017), Promising Young Woman (2020) and Boston Strangler (2023), headlined by Robbie, Carey Mulligan and Keira Knightley, respectively.

Through her company, Robbie is also the producer of Barbie whose total production budget is an estimated USD 100 million.

Papa Salt gin

Papa Salt
A bottle of Papa Salt gin at a production facility. (Image credit: Papa Salt/@papasaltgin/Instagram)

Along with Tom Ackerley and industry friends, Charlie Maas, Josey McNamara and Regan Riskas, Margot Robbie used her net worth to co-found a new line of gin, Papa Salt, in May 2023.

Made in Byron Bay — a coastal town in New South Wales, Australia — the gin is reportedly inspired by the east coast of Australia. The brand’s website calls it an “easy-drinking gin that celebrates the subtle taste of native Australian botanicals.”

The official site also reveals that the founders experimented with 59 recipes before coming to the right combination for Papa Gin. It has notes of zesty wax flower, hibiscus and citrus peel as well as nutty wattleseed, pink peppercorn and a hint of oyster shell.

Expensive things Margot Robbie owns

Car collection

Unlike most other celebrities, it is difficult to find out the exact cars that Margot Robbie owns. While several reports say that she owns a Mercedes-Benz CLA, a Ford Explorer, a Mercedes G63 AMG and an Audi A6, among other cars, little can be ascertained about them.

Robbie has hardly ever been seen in them and, unlike Henry Cavill who posts pictures of his rides on social media, she never talked about four-wheelers while she was active.

However, older pictures show that she has at least owned a Hyundai Excel, a predecessor of the Hyundai Accent. During its production run from 1985 to 1999, the Hyundai Excel was one of the most affordable cars but had features that were found in more expensive cars of its kind. Pictures suggest that Robbie drove a green Hyundai Excel. It is not clear if she still owns it.

The other car that she has been seen in is a Cadillac Escalade. Made by American automaker General Motors, the Cadillac Escalade is a full-size SUV, a favourite among celebrities. A 2023 model of the car starts at around USD 81,000 and can go up to USD 151,000. Depending on the variant, it can either have a 6.2L V8 engine or a 6.2L Supercharged V8 engine. It has a top speed of just over 200 km/h.

Cadillac Escalade
A 2023 Cadillac Escalade. Robbie is believed to own one such machine. (Image credit: Cadillac)

Some reports indicate that she also owns a Nissan LEAF electric vehicle, which might make sense since she is a brand ambassador of the car brand. In fact, the Daily Mail report from December 2018 says that a publicist revealed she would likely be gifted a car by Nissan when she signed up to be their face.

A 2023 Nissan LEAF goes up to 340 km on a full charge on the back of its 40 kWh battery, which can be increased to 60 kWh. The starting price of the electric car is USD 28,000.

Real estate

In a short span of time, Margot Robbie strengthened her net worth on the back of smart investments in a real estate portfolio that helps her live comfortably in both the US and her home country of Australia.

One of Robbie’s best-known homes is located in the Venice Beach neighbourhood of Los Angeles. It was bought by the actor in around October 2019 for USD 5 million, shortly after she was named by Forbes as one of the world’s highest-paid female actors.

The property has three separate structures on a double-wide lot, the exact size of which is unknown. It is built like a fortress and has its own gate, alarm systems and CCTV cameras. Besides the main building, it has a two-bedroom separate structure and a cottage-style third structure. There is a three-car garage on the property as well.

In mid-2021, when parts of the property were still under construction, TMZ reported that its total worth will be an estimated USD 15 million.

Besides her US address, Robbie is believed to own a home in Byron Bay. It was bought by her in 2018 for around USD 3 million. Australian media reports from the time suggest that she indeed had a look at the property located in Linnaeus Estate, which was a private gated beachfront estate, between Byron Bay and Lennox Head.

The timber-lined property is situated next to a beach. It has an all-white interior, large kitchen and designer bathroom, as well as a treehouse-like alfresco deck that extends out of the main building into the greenery-covered ground of the property.

In May 2023, Robbie and Ackerley reportedly took a look at another Byron Bay property. Reports say that the property, named Cedar Hill, is described as one of the ‘most beautiful homes’ in the country. It is situated around 10 km south of Byron Bay in a secluded place called Newrybar.

 

View this post on Instagram

 

A post shared by Amir Prestige (@amirprestigegroup)

It was last sold in 2019 for around USD 1.6 million, but records indicate that another USD 2 million was spent on its redevelopment.

The barn-style main building sits on 20,000 square metres. It has eight bedrooms and as many bathrooms, along with an open-style kitchen, living and dining areas. It comes with custom-designed furniture, such as a 16-chair dining table and sofas covered in bohemian textiles. The house has an infinity pool, too. Glass, concrete, recycled timber and natural stone among other materials have been used in its construction.

In 2019, Robbie spent around USD 2 million on two adjoining homes on Gold Coast in Southport, Queensland. They were bought for her mother, Sarie Kessler, and older sister, Anya Robbie. Each property has two bedrooms, three bathrooms and a garage.

Five years before the dual purchase, she had also paid off her mother’s mortgage on their family home on Gold Coast. The family home was originally bought in 2007 by Sarie for around USD 300,000. It had four bedrooms, three bathrooms and a backyard pool. Some years after its mortgage was paid off, the Robbie family sold off the house.

Among her previous accommodations is a 312.5-square-metre home in a 603-square-metre plot in Hancock Park, a suburb of Los Angeles in California. It was one of the first major properties that the actor added to her portfolio. Robbie bought it in 2017, shortly after her marriage to Ackerley and their move to the US from London.

The two-floor home, built in 2016, is quite modest. It has four bedrooms, all decked in white walls and five-and-half bathrooms. A huge black chandelier hangs over a blue round sofa in the family room, which also has a fireplace. Just outside the huge floor-to-ceiling glass window of the room is the property’s outdoor pool, which has a low, yellow diving board.

In the kitchen is a Carrara marble sink and a six-seat counter. On the second floor is the master bedroom with a private balcony. The property also has a boutique wine cellar, spa, patio with a bar and pool bath, and an open-air cabana.

Robbie paid around USD 2.7 million for the property when she bought it. In May 2021, she sold the property for around USD 3.5 million.

 

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A post shared by Luxury Real Estate (@cleverestates)

In 2018, Robbie paid USD 950,000 to buy a house owned by Milk (2008) director Dustin Lance Black in Hollywood Heights in Los Angeles. Robbie bought the property as an investment and is, therefore, believed to have never lived in it. Originally built in the 1950s, the actual size of the two-bedroom and one-bath home is 88 square metres.

Robbie commissioned a restoration work on the property, following which the walls and the furnishings were given new colours and fittings. Right behind the property are two terraces that are built into a hillside and have enough space for seating. The uppermost terrace overlooks the house and gives a fantastic view of the neighbourhood.

Reports suggest that the house was immediately put on rent for USD 5,000 per month after Robbie bought it. In December 2020, she put it up for sale for USD 1.2 million.

(Hero image: IMDb; Featured image: Courtesy Warner Bros. Pictures/Courtesy Warner Bros. Pictures – © 2023 Warner Bros. Entertainment Inc. All Rights Reserved./IMDb)

This story first appeared here

The post Net Worth of ‘Barbie’ Star Margot Robbie and How She Spends Her Fortune appeared first on Prestige Online - HongKong.

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Daniel Ricciardo’s Net Worth and Career Highlights https://www.prestigeonline.com/hk/lifestyle/wealth-management/daniel-ricciardo-net-worth-and-career-highlights/ Thu, 13 Jul 2023 04:52:04 +0000 https://www.prestigeonline.com/hk/?p=274802

The Hungarian Grand Prix, taking place on July 23 2023, will see Formula 1 driver Daniel Ricciardo making his shocking comeback to front-line racing. For the uninitiated, the 34-year-old Australian driver has replaced Nyck De Vries in constructor side Red Bull Racing’s secondary team, Scuderia AlphaTauri, for the remainder of the 2023 season.

AlphaTauri, currently at the bottom of the constructors’ rankings, will be hoping to climb up the ladder and achieve a higher finish on the table. As such, the signing of Daniel Ricciardo will bolster their team with an experienced driver, while also improving their chances of a podium finish in the latter half of 2023.

The Dutch driver Nyck De Vries has had rather dismal performances so far in his first full-time Formula 1 season. He is yet to score his first point after competing in ten races in 2023. Hence, the decision to sign Daniel Ricciardo, a driver with eight Grand Prixes to his name, is justified.

As the Australian driver is raring to make his comeback in Formula 1 front-line racing with AlphaTauri, we take a look at Daniel Ricciardo’s career highlights, stats, net worth, salary and more.

A quick look at Daniel Ricciardo’s career highlights

Daniel Ricciardo
Picture Credits: Courtesy Instagram/@Daniel Ricciardo

Daniel Ricciardo made his Formula 1 track debut with constructor team Red Bull Racing at the Young Drivers Test in Spain’s Circuito de Jerez on December 1, 2009. However, he did not make his race debut in Formula 1 till 2011, when he was contracted to racing team Hispania Racing by Red Bull Racing. The Australian competed in a Formula 1 race for the first time in the British Grand Prix 2011 at the Silverstone Circuit.

After spending the next two seasons with the Scuderia Toro Rosso team, Daniel Ricciardo joined the Red Bull Racing team as a driver in 2014, replacing fellow countryman Mark Webber. Ricciardo would have finished second at the 2014 Australian Grand Prix had he not been disqualified because of his car exceeding the mandated hourly fuel flow rate.

However, the Australian Formula 1 driver did not have to wait for long to win his first Grand Prix. By winning the 2014 Canadian Grand Prix, Daniel Ricciardo became the fourth Australian driver in the motorsport’s history to win a Grand Prix, joining the likes of Jack Brabham, Alan Jones and Mark Webber. Later in 2017, Ricciardo won the Hungarian Grand Prix and the Belgian Grand Prix, becoming the only non-Mercedes driver to have won a Grand Prix that year.

By this time, Daniel Ricciardo had caught the attention of the motorsport fraternity by virtue of his impressive performances that brought him out of the shadows of his teammate and four-time Formula 1 World Champion Sebastian Vettel. The Australian driver was also conferred with the Laureus World Sports Award for Breakthrough of the Year in April 2015.

While 2015 was a rather forgettable year in his career, Daniel Ricciardo put up a tough fight against Formula 1 legend and veteran driver Lewis Hamilton in 2016, securing multiple podium finishes. He eventually won the Malaysian Grand Prix, defeating his teammate Max Verstappen for the title. Ricciardo’s famous ‘shoey’ celebration, in which he drank champagne out of his shoe, also became viral during this time. He performed this celebration for the first time at the podium of the 2016 German Grand Prix after finishing second in the race.

Daniel Ricciardo departed from the Red Bull Racing team in 2019, having won seven Grand Prixes with the constructors. He spent two years with the Renault Formula 1 racing team before joining Formula 1 juggernauts McLaren Racing in 2021. However, his time with McLaren was plagued by the COVID-19 pandemic, and his performances were also irregular. In two years with the McLaren Formula 1 team, Daniel Ricciardo won a solitary Grand Prix – the 2021 Italian Grand Prix.

In 2023, Daniel Ricciardo once again partnered up with Red Bull Racing, this time in the capacity of a third driver without actively taking part in races. However, in the upcoming Hungarian Grand Prix 2023, the Australian with eight Grand Prix wins and 32 podium finishes is set to make a comeback to Formula 1 racing.

Daniel Ricciardo’s net worth in 2023

Daniel Ricciardo
Picture Credits: Courtesy Instagram/@Daniel Ricciardo

According to a report by CAknowledge, the net worth of Daniel Ricciardo, as of 2023, stands at around USD 96 million. Most of this is courtesy of his earnings as a Formula 1 driver.

What is Daniel Ricciardo’s salary?

According to CAknowledge, the last-known salary of Daniel Ricciardo with the McLaren Racing team was estimated to be around USD 15 million per season.

In 2020, Forbes named Ricciardo the 48th highest-paid athlete in the world in its annual list. He was also a part of the Forbes’ 30 Under 30 – Asia – Hollywood & Entertainment list in 2016.

Which cars does Daniel Ricciardo own?

Daniel Ricciardo owns a myriad of sports cars. The assortment includes a Porsche Panamera, a Ferrari 812, a Mercedes-Benz AMG GT and a McLaren 720S, among others.

Which brands does Daniel Ricciardo endorse?

 

View this post on Instagram

 

A post shared by Daniel Ricciardo (@danielricciardo)

Daniel Ricciardo makes a fair share of his wealth from his brand endorsements. A few of them are as follows:

GoPro

The Australian driver signed an endorsement deal with American action camera manufacturer GoPro in 2018. Under the terms of the contract, Ricciardo has uploaded several GoPro videos of himself on social media. These videos show him partaking in activities like cycling, trekking and driving under challenging conditions.

Amazon

Daniel Ricciardo also has an endorsement deal with e-commerce platform Amazon. According to the terms of the deal, exclusive merchandise of the Formula 1 driver is sold under a specially customised page for Daniel Ricciardo.

Beats by Dr Dre

The American audio products manufacturer also has an endorsement deal with Daniel Ricciardo. The driver can be seen sporting headphones made by Beats on matchdays.

(Main and Featured Images Credits: Courtesy Instagram/@Daniel Ricciardo)

This story first appeared here.

The post Daniel Ricciardo’s Net Worth and Career Highlights appeared first on Prestige Online - HongKong.

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The Hungarian Grand Prix, taking place on July 23 2023, will see Formula 1 driver Daniel Ricciardo making his shocking comeback to front-line racing. For the uninitiated, the 34-year-old Australian driver has replaced Nyck De Vries in constructor side Red Bull Racing’s secondary team, Scuderia AlphaTauri, for the remainder of the 2023 season.

AlphaTauri, currently at the bottom of the constructors’ rankings, will be hoping to climb up the ladder and achieve a higher finish on the table. As such, the signing of Daniel Ricciardo will bolster their team with an experienced driver, while also improving their chances of a podium finish in the latter half of 2023.

The Dutch driver Nyck De Vries has had rather dismal performances so far in his first full-time Formula 1 season. He is yet to score his first point after competing in ten races in 2023. Hence, the decision to sign Daniel Ricciardo, a driver with eight Grand Prixes to his name, is justified.

As the Australian driver is raring to make his comeback in Formula 1 front-line racing with AlphaTauri, we take a look at Daniel Ricciardo’s career highlights, stats, net worth, salary and more.

A quick look at Daniel Ricciardo’s career highlights

Daniel Ricciardo
Picture Credits: Courtesy Instagram/@Daniel Ricciardo

Daniel Ricciardo made his Formula 1 track debut with constructor team Red Bull Racing at the Young Drivers Test in Spain’s Circuito de Jerez on December 1, 2009. However, he did not make his race debut in Formula 1 till 2011, when he was contracted to racing team Hispania Racing by Red Bull Racing. The Australian competed in a Formula 1 race for the first time in the British Grand Prix 2011 at the Silverstone Circuit.

After spending the next two seasons with the Scuderia Toro Rosso team, Daniel Ricciardo joined the Red Bull Racing team as a driver in 2014, replacing fellow countryman Mark Webber. Ricciardo would have finished second at the 2014 Australian Grand Prix had he not been disqualified because of his car exceeding the mandated hourly fuel flow rate.

However, the Australian Formula 1 driver did not have to wait for long to win his first Grand Prix. By winning the 2014 Canadian Grand Prix, Daniel Ricciardo became the fourth Australian driver in the motorsport’s history to win a Grand Prix, joining the likes of Jack Brabham, Alan Jones and Mark Webber. Later in 2017, Ricciardo won the Hungarian Grand Prix and the Belgian Grand Prix, becoming the only non-Mercedes driver to have won a Grand Prix that year.

By this time, Daniel Ricciardo had caught the attention of the motorsport fraternity by virtue of his impressive performances that brought him out of the shadows of his teammate and four-time Formula 1 World Champion Sebastian Vettel. The Australian driver was also conferred with the Laureus World Sports Award for Breakthrough of the Year in April 2015.

While 2015 was a rather forgettable year in his career, Daniel Ricciardo put up a tough fight against Formula 1 legend and veteran driver Lewis Hamilton in 2016, securing multiple podium finishes. He eventually won the Malaysian Grand Prix, defeating his teammate Max Verstappen for the title. Ricciardo’s famous ‘shoey’ celebration, in which he drank champagne out of his shoe, also became viral during this time. He performed this celebration for the first time at the podium of the 2016 German Grand Prix after finishing second in the race.

Daniel Ricciardo departed from the Red Bull Racing team in 2019, having won seven Grand Prixes with the constructors. He spent two years with the Renault Formula 1 racing team before joining Formula 1 juggernauts McLaren Racing in 2021. However, his time with McLaren was plagued by the COVID-19 pandemic, and his performances were also irregular. In two years with the McLaren Formula 1 team, Daniel Ricciardo won a solitary Grand Prix – the 2021 Italian Grand Prix.

In 2023, Daniel Ricciardo once again partnered up with Red Bull Racing, this time in the capacity of a third driver without actively taking part in races. However, in the upcoming Hungarian Grand Prix 2023, the Australian with eight Grand Prix wins and 32 podium finishes is set to make a comeback to Formula 1 racing.

Daniel Ricciardo’s net worth in 2023

Daniel Ricciardo
Picture Credits: Courtesy Instagram/@Daniel Ricciardo

According to a report by CAknowledge, the net worth of Daniel Ricciardo, as of 2023, stands at around USD 96 million. Most of this is courtesy of his earnings as a Formula 1 driver.

What is Daniel Ricciardo’s salary?

According to CAknowledge, the last-known salary of Daniel Ricciardo with the McLaren Racing team was estimated to be around USD 15 million per season.

In 2020, Forbes named Ricciardo the 48th highest-paid athlete in the world in its annual list. He was also a part of the Forbes’ 30 Under 30 – Asia – Hollywood & Entertainment list in 2016.

Which cars does Daniel Ricciardo own?

Daniel Ricciardo owns a myriad of sports cars. The assortment includes a Porsche Panamera, a Ferrari 812, a Mercedes-Benz AMG GT and a McLaren 720S, among others.

Which brands does Daniel Ricciardo endorse?

 

View this post on Instagram

 

A post shared by Daniel Ricciardo (@danielricciardo)

Daniel Ricciardo makes a fair share of his wealth from his brand endorsements. A few of them are as follows:

GoPro

The Australian driver signed an endorsement deal with American action camera manufacturer GoPro in 2018. Under the terms of the contract, Ricciardo has uploaded several GoPro videos of himself on social media. These videos show him partaking in activities like cycling, trekking and driving under challenging conditions.

Amazon

Daniel Ricciardo also has an endorsement deal with e-commerce platform Amazon. According to the terms of the deal, exclusive merchandise of the Formula 1 driver is sold under a specially customised page for Daniel Ricciardo.

Beats by Dr Dre

The American audio products manufacturer also has an endorsement deal with Daniel Ricciardo. The driver can be seen sporting headphones made by Beats on matchdays.

(Main and Featured Images Credits: Courtesy Instagram/@Daniel Ricciardo)

This story first appeared here.

The post Daniel Ricciardo’s Net Worth and Career Highlights appeared first on Prestige Online - HongKong.

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Wimbledon 2023 Prize Money: How Much Is At Stake For the Winners? https://www.prestigeonline.com/hk/lifestyle/wealth-management/wimbledon-2023-prize-money/ Wed, 12 Jul 2023 12:10:56 +0000 https://www.prestigeonline.com/hk/?p=274622

One of the four Grand Slams in the world of tennis, and the oldest of them all, is the Wimbledon Open. Arguably the most anticipated tennis championship of the year, the tournament takes place at the iconic All England Lawn Tennis and Croquet Club.

The tournament, which started in 1877, is the only Grand Slam to be played on an outdoor grass court. Another unique tradition that sets it apart from other tennis championships is the strict all-white dress code for all the competitors.

However, it is not these traditions that come to our minds when we think of Wimbledon, it’s a name, one which has become synonymous with the tournament – Roger Federer. One of the greatest legends of the game, the former Swiss tennis player has won the championship a record eight times. He is also revered as the ‘King of Grass Court’ by many. In recent times, Novak Djokovic has ruled over the grass court, winning the last four editions of the tournament, taking his total tally of Wimbledon championships to seven. Many might argue that the Serbian tennis player, with a record 23 Grand Slam wins in his career, is a greater Wimbledon legend than the Swiss maestro, considering he has gotten the better of Federer all three times they faced each other during a Wimbledon final.

If Djokovic manages to win the Wimbledon Open 2023, he might settle that debate once and for all. He will also receive a handsome prize money pool this year. Just how much is that prize money pool? Well, scroll on as we explore what’s at stake for the winners this year.

What is the 2023 Wimbledon Open prize money? 

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

According to reports, the total prize money on offer at Wimbledon 2023, across all the categories, is a record USD 57.29 million. The amount has been increased by 11.2% from what was offered in 2022. Ian Hewitt, the chairman of the All England Lawn Tennis and Croquet Club, said in a statement that “The goal is to return the singles champions and runners-up prize money to the levels in 2019 prior to the (COVID-19) pandemic whilst, alongside, providing deserved support for players in the early rounds of the event.”

Wimbledon Open 2023: How much will the men’s and women’s singles division players earn?

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

To ensure parity, both the men’s and women’s singles players will receive the same amount for their performances at Wimbledon Open 2023. Players getting eliminated in the first round will receive around USD 70,000. Those who get knocked out from the second round will get a little over USD 108,300, while those shown the exit door in the third round will earn nearly USD 167,000.

The players who make it to the Round of 16 will receive approximately USD 263,800, and those who head home after the quarter-finals will make around USD 433,300. The two semi-finalists in both of the categories will get over USD 764,600.

The runners-up in both the men’s and women’s categories will be rewarded with nearly USD 1.5 million, while the men’s and women’s singles winners will take home around USD 3 million along with the silverware.

For context, Novak Djokovic and Elena Rybakina, winners of the 2022 Wimbledon Open men’s and women’s singles titles, received a little over USD 2.5 million each.

What is the Wimbledon prize money for winners in other categories?

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

The winners of the men’s and women’s doubles categories at the Wimbledon Open 2023 will each be rewarded with a little over USD 764,600, while the runners-up in both categories will each receive USD 382,300 (approximately).

Winners of the mixed doubles category in Wimbledon Open 2023 will get around USD 163,000, while the runners-up will earn nearly USD 81,500.

(Main and Featured Image Credits: Courtesy Instagram/@Wimbledon)

This story first appeared in Augustman Hong Kong.

The post Wimbledon 2023 Prize Money: How Much Is At Stake For the Winners? appeared first on Prestige Online - HongKong.

]]>

One of the four Grand Slams in the world of tennis, and the oldest of them all, is the Wimbledon Open. Arguably the most anticipated tennis championship of the year, the tournament takes place at the iconic All England Lawn Tennis and Croquet Club.

The tournament, which started in 1877, is the only Grand Slam to be played on an outdoor grass court. Another unique tradition that sets it apart from other tennis championships is the strict all-white dress code for all the competitors.

However, it is not these traditions that come to our minds when we think of Wimbledon, it’s a name, one which has become synonymous with the tournament – Roger Federer. One of the greatest legends of the game, the former Swiss tennis player has won the championship a record eight times. He is also revered as the ‘King of Grass Court’ by many. In recent times, Novak Djokovic has ruled over the grass court, winning the last four editions of the tournament, taking his total tally of Wimbledon championships to seven. Many might argue that the Serbian tennis player, with a record 23 Grand Slam wins in his career, is a greater Wimbledon legend than the Swiss maestro, considering he has gotten the better of Federer all three times they faced each other during a Wimbledon final.

If Djokovic manages to win the Wimbledon Open 2023, he might settle that debate once and for all. He will also receive a handsome prize money pool this year. Just how much is that prize money pool? Well, scroll on as we explore what’s at stake for the winners this year.

What is the 2023 Wimbledon Open prize money? 

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

According to reports, the total prize money on offer at Wimbledon 2023, across all the categories, is a record USD 57.29 million. The amount has been increased by 11.2% from what was offered in 2022. Ian Hewitt, the chairman of the All England Lawn Tennis and Croquet Club, said in a statement that “The goal is to return the singles champions and runners-up prize money to the levels in 2019 prior to the (COVID-19) pandemic whilst, alongside, providing deserved support for players in the early rounds of the event.”

Wimbledon Open 2023: How much will the men’s and women’s singles division players earn?

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

To ensure parity, both the men’s and women’s singles players will receive the same amount for their performances at Wimbledon Open 2023. Players getting eliminated in the first round will receive around USD 70,000. Those who get knocked out from the second round will get a little over USD 108,300, while those shown the exit door in the third round will earn nearly USD 167,000.

The players who make it to the Round of 16 will receive approximately USD 263,800, and those who head home after the quarter-finals will make around USD 433,300. The two semi-finalists in both of the categories will get over USD 764,600.

The runners-up in both the men’s and women’s categories will be rewarded with nearly USD 1.5 million, while the men’s and women’s singles winners will take home around USD 3 million along with the silverware.

For context, Novak Djokovic and Elena Rybakina, winners of the 2022 Wimbledon Open men’s and women’s singles titles, received a little over USD 2.5 million each.

What is the Wimbledon prize money for winners in other categories?

Wimbledon Prize Money
Picture Credits: Courtesy Instagram/@Wimbledon

The winners of the men’s and women’s doubles categories at the Wimbledon Open 2023 will each be rewarded with a little over USD 764,600, while the runners-up in both categories will each receive USD 382,300 (approximately).

Winners of the mixed doubles category in Wimbledon Open 2023 will get around USD 163,000, while the runners-up will earn nearly USD 81,500.

(Main and Featured Image Credits: Courtesy Instagram/@Wimbledon)

This story first appeared in Augustman Hong Kong.

The post Wimbledon 2023 Prize Money: How Much Is At Stake For the Winners? appeared first on Prestige Online - HongKong.

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Andy Murray’s Net Worth: A Look at His Career Earnings, Assets and More https://www.prestigeonline.com/hk/lifestyle/wealth-management/andy-murray-net-worth-salary/ Tue, 11 Jul 2023 05:01:54 +0000 https://www.prestigeonline.com/hk/?p=274224

For years, the world of tennis has been ruled by the likes of Roger Federer and Rafael Nadal. The past decade also saw the meteoric rise of ace Serbian tennis player Novak Djokovic. At the age of 36, the veteran player holds the record for the most Grand Slam wins with 23 titles to his name. Amidst these legends of the game, one might overlook a certain Andy Murray, but tennis fans across the globe cannot forget his name.

Competing alongside some of the fiercest players in the history of the game, Andy Murray might not have been successful in winning several Grand Slam titles. However, in no way does that demean his quality as a star player. He was a part of the tennis world’s hallowed quartet alongside Federer, Nadal and Djokovic in the 2010s. Widely regarded as one of the greatest British tennis players in the world, any tournament in which Murray competes has him as one of the favourites to lift the title.

Even though his last win (and appearance in a final) at a Grand Slam came seven years back at the 2016 Wimbledon Open, Andy Murray is still a formidable force to be reckoned with. The 2023 Wimbledon Open also witnessed the resurgence of the British veteran tennis player as he put up an impressive performance to come from behind and take a lead against current world number 5 Stefanos Tsitsipas before the match was brought to a halt by the 11 PM curfew rule. Unfortunately, Murray went down in a five-set thriller when the match resumed at the All England Lawn Tennis and Croquet Club on July 7. Nevertheless, the 2023 Wimbledon Open reminded us just how talented the British player is.

So, as the world celebrates the rise of Andy Murray from the ashes, akin to a phoenix, we take a look at the ace tennis player’s career highlights, net worth in 2023, salary, the brands he endorses and more.

A quick look at Andy Murray’s career highlights

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

Andy Murray made his professional debut in 2005 and became the youngest British player to feature in the Davis Cup. He was quick to climb up the ladder of professional tennis, earning a wild card entry to the Wimbledon Open in his debut professional season. Murray became the first Scottish player in the Open Era to reach the third round of the men’s singles event at Wimbledon.

In 2006, Andy Murray achieved the impressive feat of being one of the only two players, alongside Rafael Nadal, to win against Roger Federer. He defeated the Swiss maestro at the 2006 Cincinnati Open, breaking Federer’s streak of 55 wins on hard courts. The following year, Murray broke into the top 10 of the ATP Men’s Singles rankings for the first time in his career.

Murray made his first appearance in a Grand Slam final in 2008 at the US Open, where he eventually lost to Roger Federer. In the next few years, Andy Murray made it to the top two of the ATP men’s singles rankings and played in a few Grand Slam finals as well. However, it was not until 2012 that he won his first major title. At the 2012 London Olympics, Andy Murray defeated Roger Federer in the final of the men’s singles event to win the gold medal, becoming the first British man to achieve this feat since Josiah Ritchie in 1908. He also won the silver medal in the mixed doubles category along with Laura Robson, becoming only the seventh man in the Open Era to win two medals at the same Olympic games.

The same year, Andy Murray won his first Grand Slam title at the US Open, defeating Novak Djokovic in the final which involved the longest tiebreak in the history of the Grand Slam. He became the first British player to win a Grand Slam final since Fred Perry in 1936, and the first Scottish-born player to win a Grand Slam final since Harold Mahony in 1896. Murray also held the record of becoming the first man in history to win an Olympic gold medal and the US Open in the same year.

In 2013, Andy Murray had his redemption at the Wimbledon Open as he defeated Novak Djokovic to lift the trophy which eluded him the previous year when he lost the title to Roger Federer. Murray became the first British player to win the Wimbledon Open men’s singles title since Fred Perry in 1936, and the first Scottish-born player to win a Wimbledon singles title since Harold Mahony in 1896.

After a few rough years, Andy Murray reclaimed his throne at the 2016 Wimbledon Open where he defeated Milos Raonic in the final to win his second Wimbledon title, and his third Grand Slam trophy overall. Murray went on to become the first player, male or female, to win two consecutive Olympic gold medals in tennis singles events when he defeated Juan Martin Del Porto in the final of the 2016 Rio Olympics men’s singles event. Later in 2016, Murray also reached the summit of the ATP men’s singles rankings for the first time in his career. He ended 2016 at the top of the rankings and achieved the impressive feat of becoming the first player in history to win a Grand Slam, the ATP World Tour Finals, an Olympic gold medal at the men’s singles event and a Masters 1000 title in the same calendar year. The International Tennis Federation declared Andy Murray to be their ITF Men’s World Champion for 2016.

As of July 2023, Andy Murray holds the 40th position in the ATP men’s singles rankings.

Andy Murray’s net worth and salary in 2023

What is Andy Murray’s net worth in 2023?

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

According to a report by CAknowledge, Andy Murray’s net worth, as of 2023, stands at around USD 105 million. A majority of his earnings have come from his salary and tournament wins.

Murray was featured in Forbes’ list of The World’s Highest-Paid Athletes in 2017, where he acquired the 40th spot. Forbes also featured him in their ‘30 Under 30 – Europe – Hollywood & Entertainment’ list in 2016, and in the ’30 Under 30 – Sports’ list in 2014.

Andy Murray’s salary and career earnings

Various reports suggest that Andy Murray’s salary in 2023 is over USD 10 million per year. It is estimated that Murray has earned over USD 170 million in his career, out of which USD 62.9 million comes from his earnings in professional tennis. Only Roger Federer, Novak Djokovic and Rafael Nadal have earned more than him in terms of winnings in the history of men’s tennis events.

A sneak peek into Andy Murray’s luxurious assets

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

At present, Andy Murray resides in Oxshott, Surrey. According to reports, his house is worth nearly USD 6.4 million. Murray also owns a 28-acre estate that fashions five bedrooms, a swimming pool, a massage room, a personal gym and a tennis court, among other luxury facilities. The estate also has a courtyard-style garage to accommodate the tennis star’s fleet of cars.

Andy Murray is also the owner of the Cromlix Hotel, a five-star luxury hotel in Kinbuck, Scotland.

Which brands does Andy Murray endorse?

 

View this post on Instagram

 

A post shared by Andy Murray (@andymurray)

Being one of the most famous tennis players of all time, it comes as no shock that Andy Murray has made a fortune from his earnings outside the tennis court, particularly through his brand endorsement deals. In his career, Murray has made over USD 50 million from the brands he endorses.

Clothes manufacturing brand Fred Perry, named after its founder and former Wimbledon Open champion, was one of Andy Murray’s earliest sponsors. He later signed an endorsement deal with German athletic apparel and footwear manufacturer Adidas which sponsored his clothes and shoes.

At present, Andy Murray has a partnership with American sportswear corporation Under Armour, which sponsors the Briton’s footwear. The endorsement deal, according to reports, is worth USD 25 million. Since 2019, he’s also had an endorsement deal with British sportswear manufacturer Castore which makes his sporting apparel.

Andy Murray also has an endorsement deal with Head, a tennis equipment manufacturer. Ever since he sustained a wrist injury in 2007, Murray uses customised lightweight racquets, which Head makes for him.

Beyond sporting gear and equipment, Andy Murray is a brand ambassador for Swiss watchmaker Rado and British luxury car manufacturer Jaguar. The veteran tennis player has also launched Jaguar’s electric cars.

Is Andy Murray involved with works of charity?

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

Andy Murray is a founding member of the Malaria No More UK Leadership Council, a charity aimed at combating malaria in the continent of Africa. He launched the charity alongside David Beckham in 2009 at the iconic Wembley Stadium.

Other than working for his charity, Andy Murray has actively participated in other charity exhibition tennis matches and various government fundraisers. Murray has been the recipient of the Arthur Ashe Humanitarian of the Year award twice in his career― once in 2014 and then in 2022 – for donating all his season’s prize money towards a war-ravaged Ukraine.

(Main and Featured Image Credits: Courtesy Instagram/@Andy Murray)

This story first appeared here

The post Andy Murray’s Net Worth: A Look at His Career Earnings, Assets and More appeared first on Prestige Online - HongKong.

]]>

For years, the world of tennis has been ruled by the likes of Roger Federer and Rafael Nadal. The past decade also saw the meteoric rise of ace Serbian tennis player Novak Djokovic. At the age of 36, the veteran player holds the record for the most Grand Slam wins with 23 titles to his name. Amidst these legends of the game, one might overlook a certain Andy Murray, but tennis fans across the globe cannot forget his name.

Competing alongside some of the fiercest players in the history of the game, Andy Murray might not have been successful in winning several Grand Slam titles. However, in no way does that demean his quality as a star player. He was a part of the tennis world’s hallowed quartet alongside Federer, Nadal and Djokovic in the 2010s. Widely regarded as one of the greatest British tennis players in the world, any tournament in which Murray competes has him as one of the favourites to lift the title.

Even though his last win (and appearance in a final) at a Grand Slam came seven years back at the 2016 Wimbledon Open, Andy Murray is still a formidable force to be reckoned with. The 2023 Wimbledon Open also witnessed the resurgence of the British veteran tennis player as he put up an impressive performance to come from behind and take a lead against current world number 5 Stefanos Tsitsipas before the match was brought to a halt by the 11 PM curfew rule. Unfortunately, Murray went down in a five-set thriller when the match resumed at the All England Lawn Tennis and Croquet Club on July 7. Nevertheless, the 2023 Wimbledon Open reminded us just how talented the British player is.

So, as the world celebrates the rise of Andy Murray from the ashes, akin to a phoenix, we take a look at the ace tennis player’s career highlights, net worth in 2023, salary, the brands he endorses and more.

A quick look at Andy Murray’s career highlights

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

Andy Murray made his professional debut in 2005 and became the youngest British player to feature in the Davis Cup. He was quick to climb up the ladder of professional tennis, earning a wild card entry to the Wimbledon Open in his debut professional season. Murray became the first Scottish player in the Open Era to reach the third round of the men’s singles event at Wimbledon.

In 2006, Andy Murray achieved the impressive feat of being one of the only two players, alongside Rafael Nadal, to win against Roger Federer. He defeated the Swiss maestro at the 2006 Cincinnati Open, breaking Federer’s streak of 55 wins on hard courts. The following year, Murray broke into the top 10 of the ATP Men’s Singles rankings for the first time in his career.

Murray made his first appearance in a Grand Slam final in 2008 at the US Open, where he eventually lost to Roger Federer. In the next few years, Andy Murray made it to the top two of the ATP men’s singles rankings and played in a few Grand Slam finals as well. However, it was not until 2012 that he won his first major title. At the 2012 London Olympics, Andy Murray defeated Roger Federer in the final of the men’s singles event to win the gold medal, becoming the first British man to achieve this feat since Josiah Ritchie in 1908. He also won the silver medal in the mixed doubles category along with Laura Robson, becoming only the seventh man in the Open Era to win two medals at the same Olympic games.

The same year, Andy Murray won his first Grand Slam title at the US Open, defeating Novak Djokovic in the final which involved the longest tiebreak in the history of the Grand Slam. He became the first British player to win a Grand Slam final since Fred Perry in 1936, and the first Scottish-born player to win a Grand Slam final since Harold Mahony in 1896. Murray also held the record of becoming the first man in history to win an Olympic gold medal and the US Open in the same year.

In 2013, Andy Murray had his redemption at the Wimbledon Open as he defeated Novak Djokovic to lift the trophy which eluded him the previous year when he lost the title to Roger Federer. Murray became the first British player to win the Wimbledon Open men’s singles title since Fred Perry in 1936, and the first Scottish-born player to win a Wimbledon singles title since Harold Mahony in 1896.

After a few rough years, Andy Murray reclaimed his throne at the 2016 Wimbledon Open where he defeated Milos Raonic in the final to win his second Wimbledon title, and his third Grand Slam trophy overall. Murray went on to become the first player, male or female, to win two consecutive Olympic gold medals in tennis singles events when he defeated Juan Martin Del Porto in the final of the 2016 Rio Olympics men’s singles event. Later in 2016, Murray also reached the summit of the ATP men’s singles rankings for the first time in his career. He ended 2016 at the top of the rankings and achieved the impressive feat of becoming the first player in history to win a Grand Slam, the ATP World Tour Finals, an Olympic gold medal at the men’s singles event and a Masters 1000 title in the same calendar year. The International Tennis Federation declared Andy Murray to be their ITF Men’s World Champion for 2016.

As of July 2023, Andy Murray holds the 40th position in the ATP men’s singles rankings.

Andy Murray’s net worth and salary in 2023

What is Andy Murray’s net worth in 2023?

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

According to a report by CAknowledge, Andy Murray’s net worth, as of 2023, stands at around USD 105 million. A majority of his earnings have come from his salary and tournament wins.

Murray was featured in Forbes’ list of The World’s Highest-Paid Athletes in 2017, where he acquired the 40th spot. Forbes also featured him in their ‘30 Under 30 – Europe – Hollywood & Entertainment’ list in 2016, and in the ’30 Under 30 – Sports’ list in 2014.

Andy Murray’s salary and career earnings

Various reports suggest that Andy Murray’s salary in 2023 is over USD 10 million per year. It is estimated that Murray has earned over USD 170 million in his career, out of which USD 62.9 million comes from his earnings in professional tennis. Only Roger Federer, Novak Djokovic and Rafael Nadal have earned more than him in terms of winnings in the history of men’s tennis events.

A sneak peek into Andy Murray’s luxurious assets

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

At present, Andy Murray resides in Oxshott, Surrey. According to reports, his house is worth nearly USD 6.4 million. Murray also owns a 28-acre estate that fashions five bedrooms, a swimming pool, a massage room, a personal gym and a tennis court, among other luxury facilities. The estate also has a courtyard-style garage to accommodate the tennis star’s fleet of cars.

Andy Murray is also the owner of the Cromlix Hotel, a five-star luxury hotel in Kinbuck, Scotland.

Which brands does Andy Murray endorse?

 

View this post on Instagram

 

A post shared by Andy Murray (@andymurray)

Being one of the most famous tennis players of all time, it comes as no shock that Andy Murray has made a fortune from his earnings outside the tennis court, particularly through his brand endorsement deals. In his career, Murray has made over USD 50 million from the brands he endorses.

Clothes manufacturing brand Fred Perry, named after its founder and former Wimbledon Open champion, was one of Andy Murray’s earliest sponsors. He later signed an endorsement deal with German athletic apparel and footwear manufacturer Adidas which sponsored his clothes and shoes.

At present, Andy Murray has a partnership with American sportswear corporation Under Armour, which sponsors the Briton’s footwear. The endorsement deal, according to reports, is worth USD 25 million. Since 2019, he’s also had an endorsement deal with British sportswear manufacturer Castore which makes his sporting apparel.

Andy Murray also has an endorsement deal with Head, a tennis equipment manufacturer. Ever since he sustained a wrist injury in 2007, Murray uses customised lightweight racquets, which Head makes for him.

Beyond sporting gear and equipment, Andy Murray is a brand ambassador for Swiss watchmaker Rado and British luxury car manufacturer Jaguar. The veteran tennis player has also launched Jaguar’s electric cars.

Is Andy Murray involved with works of charity?

Andy Murray net worth
Picture Credits: Courtesy Instagram/@Andy Murray

Andy Murray is a founding member of the Malaria No More UK Leadership Council, a charity aimed at combating malaria in the continent of Africa. He launched the charity alongside David Beckham in 2009 at the iconic Wembley Stadium.

Other than working for his charity, Andy Murray has actively participated in other charity exhibition tennis matches and various government fundraisers. Murray has been the recipient of the Arthur Ashe Humanitarian of the Year award twice in his career― once in 2014 and then in 2022 – for donating all his season’s prize money towards a war-ravaged Ukraine.

(Main and Featured Image Credits: Courtesy Instagram/@Andy Murray)

This story first appeared here

The post Andy Murray’s Net Worth: A Look at His Career Earnings, Assets and More appeared first on Prestige Online - HongKong.

]]>
Net worth of BTS’ RM: Looking at the rapper’s earnings, investments and more https://www.prestigeonline.com/hk/jewellery/jewellery-personality/bts-rm-net-worth-earnings-and-investments/ Sat, 08 Jul 2023 12:07:11 +0000 https://www.prestigeonline.com/hk/?p=273936

BTS leader RM aka Kim Namjoon is one of the wealthiest K-pop idols, boasting an illustrious career that’s nothing short of inspirational. His decade-long stint in showbiz with BTS and even as a soloist proves he’s one of the finest rappers and songwriters of today’s time. Whether it’s earning royalties for over 170 tracks he has penned, representing luxury powerhouses like Bottega Veneta or breaking records with his chart-topping debut album Indigo, RM is on a roll. This long list of achievements is backed by an equally impressive bank balance, which easily runs into millions of dollars. Curious to know more about RM’s net worth? Keep reading!

The BTS rapper’s popularity and net worth have skyrocketed recently, especially after the group’s hiatus as each member focuses on their solo ventures. RM has a pool of luxury assets in his collections, ranging from lavish apartments, fancy automobiles and even million-dollar artworks he so fondly collects. We’re surely intrigued by his riches!

Here’s everything to know about RM’s net worth – his earnings, brand deals, investments and more.

What is the net worth of BTS’ RM?

According to a report in South China Morning Post, RM’s net worth fell between USD 20-22 million in 2021. (According to Celebrity Net Worth, his net worth now stands at USD 30 million). From minting millions via BTS’ albums, tours, and brand deals to successfully building his credibility as a solo performer, RM has done it all seamlessly. Here’s what comprises his net worth portfolio:

RM’s solo album Indigo

The BTS star’s first official solo album and third solo release, Indigo, is undoubtedly his career’s biggest highlight. Chronicling the stories and experiences RM has gone through, Indigo is a testament to the artist’s creative spirit and brilliant mind. The 10-track album was number 1 on Billboard’s ’25 Best K-pop Albums of 2022′ list. It was also certified double platinum by the Korea Music Content Association. Moreover, it’s the highest-charting album by a Korean soloist on the Billboard 200 chart.

Indigo included appearances by notable artists like Erykah Badu, and Anderson. Paak, Kim Sa-wol, Paul Blanco, Mahalia, Colde and more.

Before Indigo, RM released two mixtapes, 2015’s RM and 2018’s mono. The rapper’s debut mixtape was again a personal account wherein he addressed the critics, shed light on his insecurities and doubts and established that he’s going to rise above it all with utmost belief in himself.

His second offering, mono, saw RM laying bare his deepest insecurities in tracks like Tokyo and Seoul, and this mixtape is a therapeutic outlet to light up your gloomy days. The critically acclaimed mixtape helped RM become the first Korean artist to secure the top spot on the Emerging Artists Chart in the United States in 2018.

Besides his solo masterpieces, RM has collaborated with Marvel to release the Korean rendition of the Fantastic Four soundtrack. He also partnered with the musical duo Homme on their single Dilemma, joined American rapper Wale on the track Change and featured on Younha’s track Winter Flower among other things.

In addition to his record producing, songwriting and rapping credits with BTS, these outings have earned the artist impressive sums!

His ambassadorship deal with Bottega Veneta

The BTS leader secured his first major luxury brand deal with Italian frontrunner Bottega Veneta in March 2023. Kim Namjoon’s association with the brand surfaced when he made a front-row appearance at their Fall/Winter 2023 show at Milan Fashion Week, led by the house’s creative director Matthieu Blazy.

Blazy announced their partnership via social media, sharing a glimpse of RM sporting an outfit from Bottega Veneta’s Spring-Summer 2023 Collection with the brand’s stunning Andiamo bag. “Andiamo! Welcome to the family @rkive,” the director mentioned in the caption.

We can’t wait to see what Bottega Venetta x RM has in store.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by Matthieu Blazy (@matthieu_blazy)

The star’s sprawling property in Nine One Hannam

Do you know RM and Jimin are neighbours? Like his fellow BTS member, RM made a big splurge at the exuberant apartment complex called the Nine One Hannam in SeoulAccording to South China Morning Post (via Koreaboo), RM made his big purchase for about USD 5.7 million in March 2021.

Dubbed the ‘Beverly Hills of Korea’, Nine One Hannam boasts splendid views of the Han River and Namsan Mountain. It’s equipped with party rooms, swimming pools, a golf course, a fancy dining lounge where well-known chefs prepare meals, and so on. The celebrity-approved spot is also home to South Korean rappers G-Dragon and Jun Ji-Hyun.

Some reports also mentioned that in 2019, RM bought a flat in Hannam the Hill. However, the artist sold it off years later for a huge profit of USD 800,000. Now that’s a highly profitable sale!

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by Kelita & Co. (@kelita_official)

Kim Namjoon’s prized art collections

For those who don’t know, RM is a big art connoisseur whose remarkable collection of paintings and artwork will have you floored. He often posts a wide range of artwork on social media and is especially fond of modern Korean artists, including Kim Whan-ki, Lee U-fan and Yun Hyong-keun.

A 2020 New York Times article revealed that the artist donated about USD 84,000 to South Korea’s National Museum of Modern and Contemporary Art so that rare and out-of-print art books could be reissued and distributed to libraries. You’ll find the art aficionado making regular visits to museums and galleries despite his hectic schedules.

As a part of his sprawling collection, RM owns a USD 1.2 million sculpture by American multidisciplinary artist Roni Horn and an abstract piece by Yun Hyong-keun. As the value of such paintings mostly increases over time, this also becomes a notable investment of the BTS star.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by RM (@rkive)

RM’s luxury ride: The Audi RS 4

While BTS’ RM doesn’t own a fleet of luxury automobiles, he sure has us impressed with his Audi RS model. It comes as the high-performance variant of the Audi A4 range and is equally great when it comes to functionality. Its athletic design, a twin-turbo V6 engine ensuring rapid performance and a classy silhouette makes it worth the splurge. As per reports, RM purchased the car for USD 80,000.

BTS RM net worth
Image credit: Audi

The BTS rapper’s expensive taste in fashion

RM’s fashion is a great blend of high-end designer pieces and uber-cool streetwear staples that create a unique look. Regarding luxury apparel, the artist owns a slew of expensive Patek Philippe and Rolex watches. One of the elegant timepieces RM has previously flaunted is the Patek Philippe Nautilus 5712R, which costs around USD 50,000.

He also reportedly owns a Rolex Oyster Perpetual Day-Date 40. This is even more expensive, costing somewhere between USD 77,000 and USD 100,000. Even Jin has the same watch in a rose gold version as opposed to RM’s platinum silver model.

Apart from watches, RM’s sneaker collection is what garners massive attention. Some of the statement shoes he has worn in the past include Nike Sacai IDV Waffle Varsity Blue, Nike Air Force 1 ’07, Nike Air Force 1 Low Mini Swoosh “FC Barcelona”, Nike NBA Air Force 1 Low “Statement Game” as well as the limited-edition Nike x Tiffany & Co.

And now, with RM’s ambassadorship deal with Bottega Veneta, fans will see him sporting the brand’s latest launches. We’re in awe of the RM’s Andiamo bag from the brand, which easily costs between USD 4,100 to USD 7,900.

(Hero and feature image credit: rkive/Instagram)

This story first appeared in Lifestyle Asia Hong Kong.

The post Net worth of BTS’ RM: Looking at the rapper’s earnings, investments and more appeared first on Prestige Online - HongKong.

]]>

BTS leader RM aka Kim Namjoon is one of the wealthiest K-pop idols, boasting an illustrious career that’s nothing short of inspirational. His decade-long stint in showbiz with BTS and even as a soloist proves he’s one of the finest rappers and songwriters of today’s time. Whether it’s earning royalties for over 170 tracks he has penned, representing luxury powerhouses like Bottega Veneta or breaking records with his chart-topping debut album Indigo, RM is on a roll. This long list of achievements is backed by an equally impressive bank balance, which easily runs into millions of dollars. Curious to know more about RM’s net worth? Keep reading!

The BTS rapper’s popularity and net worth have skyrocketed recently, especially after the group’s hiatus as each member focuses on their solo ventures. RM has a pool of luxury assets in his collections, ranging from lavish apartments, fancy automobiles and even million-dollar artworks he so fondly collects. We’re surely intrigued by his riches!

Here’s everything to know about RM’s net worth – his earnings, brand deals, investments and more.

What is the net worth of BTS’ RM?

According to a report in South China Morning Post, RM’s net worth fell between USD 20-22 million in 2021. (According to Celebrity Net Worth, his net worth now stands at USD 30 million). From minting millions via BTS’ albums, tours, and brand deals to successfully building his credibility as a solo performer, RM has done it all seamlessly. Here’s what comprises his net worth portfolio:

RM’s solo album Indigo

The BTS star’s first official solo album and third solo release, Indigo, is undoubtedly his career’s biggest highlight. Chronicling the stories and experiences RM has gone through, Indigo is a testament to the artist’s creative spirit and brilliant mind. The 10-track album was number 1 on Billboard’s ’25 Best K-pop Albums of 2022′ list. It was also certified double platinum by the Korea Music Content Association. Moreover, it’s the highest-charting album by a Korean soloist on the Billboard 200 chart.

Indigo included appearances by notable artists like Erykah Badu, and Anderson. Paak, Kim Sa-wol, Paul Blanco, Mahalia, Colde and more.

Before Indigo, RM released two mixtapes, 2015’s RM and 2018’s mono. The rapper’s debut mixtape was again a personal account wherein he addressed the critics, shed light on his insecurities and doubts and established that he’s going to rise above it all with utmost belief in himself.

His second offering, mono, saw RM laying bare his deepest insecurities in tracks like Tokyo and Seoul, and this mixtape is a therapeutic outlet to light up your gloomy days. The critically acclaimed mixtape helped RM become the first Korean artist to secure the top spot on the Emerging Artists Chart in the United States in 2018.

Besides his solo masterpieces, RM has collaborated with Marvel to release the Korean rendition of the Fantastic Four soundtrack. He also partnered with the musical duo Homme on their single Dilemma, joined American rapper Wale on the track Change and featured on Younha’s track Winter Flower among other things.

In addition to his record producing, songwriting and rapping credits with BTS, these outings have earned the artist impressive sums!

His ambassadorship deal with Bottega Veneta

The BTS leader secured his first major luxury brand deal with Italian frontrunner Bottega Veneta in March 2023. Kim Namjoon’s association with the brand surfaced when he made a front-row appearance at their Fall/Winter 2023 show at Milan Fashion Week, led by the house’s creative director Matthieu Blazy.

Blazy announced their partnership via social media, sharing a glimpse of RM sporting an outfit from Bottega Veneta’s Spring-Summer 2023 Collection with the brand’s stunning Andiamo bag. “Andiamo! Welcome to the family @rkive,” the director mentioned in the caption.

We can’t wait to see what Bottega Venetta x RM has in store.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by Matthieu Blazy (@matthieu_blazy)

The star’s sprawling property in Nine One Hannam

Do you know RM and Jimin are neighbours? Like his fellow BTS member, RM made a big splurge at the exuberant apartment complex called the Nine One Hannam in SeoulAccording to South China Morning Post (via Koreaboo), RM made his big purchase for about USD 5.7 million in March 2021.

Dubbed the ‘Beverly Hills of Korea’, Nine One Hannam boasts splendid views of the Han River and Namsan Mountain. It’s equipped with party rooms, swimming pools, a golf course, a fancy dining lounge where well-known chefs prepare meals, and so on. The celebrity-approved spot is also home to South Korean rappers G-Dragon and Jun Ji-Hyun.

Some reports also mentioned that in 2019, RM bought a flat in Hannam the Hill. However, the artist sold it off years later for a huge profit of USD 800,000. Now that’s a highly profitable sale!

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by Kelita & Co. (@kelita_official)

Kim Namjoon’s prized art collections

For those who don’t know, RM is a big art connoisseur whose remarkable collection of paintings and artwork will have you floored. He often posts a wide range of artwork on social media and is especially fond of modern Korean artists, including Kim Whan-ki, Lee U-fan and Yun Hyong-keun.

A 2020 New York Times article revealed that the artist donated about USD 84,000 to South Korea’s National Museum of Modern and Contemporary Art so that rare and out-of-print art books could be reissued and distributed to libraries. You’ll find the art aficionado making regular visits to museums and galleries despite his hectic schedules.

As a part of his sprawling collection, RM owns a USD 1.2 million sculpture by American multidisciplinary artist Roni Horn and an abstract piece by Yun Hyong-keun. As the value of such paintings mostly increases over time, this also becomes a notable investment of the BTS star.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by RM (@rkive)

RM’s luxury ride: The Audi RS 4

While BTS’ RM doesn’t own a fleet of luxury automobiles, he sure has us impressed with his Audi RS model. It comes as the high-performance variant of the Audi A4 range and is equally great when it comes to functionality. Its athletic design, a twin-turbo V6 engine ensuring rapid performance and a classy silhouette makes it worth the splurge. As per reports, RM purchased the car for USD 80,000.

BTS RM net worth
Image credit: Audi

The BTS rapper’s expensive taste in fashion

RM’s fashion is a great blend of high-end designer pieces and uber-cool streetwear staples that create a unique look. Regarding luxury apparel, the artist owns a slew of expensive Patek Philippe and Rolex watches. One of the elegant timepieces RM has previously flaunted is the Patek Philippe Nautilus 5712R, which costs around USD 50,000.

He also reportedly owns a Rolex Oyster Perpetual Day-Date 40. This is even more expensive, costing somewhere between USD 77,000 and USD 100,000. Even Jin has the same watch in a rose gold version as opposed to RM’s platinum silver model.

Apart from watches, RM’s sneaker collection is what garners massive attention. Some of the statement shoes he has worn in the past include Nike Sacai IDV Waffle Varsity Blue, Nike Air Force 1 ’07, Nike Air Force 1 Low Mini Swoosh “FC Barcelona”, Nike NBA Air Force 1 Low “Statement Game” as well as the limited-edition Nike x Tiffany & Co.

And now, with RM’s ambassadorship deal with Bottega Veneta, fans will see him sporting the brand’s latest launches. We’re in awe of the RM’s Andiamo bag from the brand, which easily costs between USD 4,100 to USD 7,900.

(Hero and feature image credit: rkive/Instagram)

This story first appeared in Lifestyle Asia Hong Kong.

The post Net worth of BTS’ RM: Looking at the rapper’s earnings, investments and more appeared first on Prestige Online - HongKong.

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David Beckham’s Net Worth: All the Expensive Things the Football Icon Owns https://www.prestigeonline.com/hk/lifestyle/culture-plus-entertainment/david-beckham-net-worth-and-expensive-things-he-owns/ Sat, 08 Jul 2023 00:10:37 +0000 https://www.prestigeonline.com/hk/?p=273740

Renowned for his long passes and devastating accuracy from free-kicks, English football icon David Beckham built his multi-million dollar net worth on the back of his numerous on-field successes and his off-field image of a highly marketable sportsperson.

Despite having retired from the sport 10 years ago, he continues to be among the richest footballers in the world, thanks to his investments and his co-ownership of Major League Soccer (MLS) club Inter Miami FC.

Along with his exceptional performance as a midfielder, Beckham was renowned for his hairstyles and setting fashion statements throughout his career. He is seen as a British cultural icon and used his immense fame to build a successful career outside of football, through lucrative endorsement deals, wise investments and profitable businesses. He also used his image for notable philanthropic purposes as well as lending his name to causes such as education and the environment.

He is married to Victoria Adams, who was part of the acclaimed all-girl music group Spice Girls and is now a fashion designer in her own right. They have four children together — sons Brooklyn, Romeo and Cruz, and daughter Harper.

Victoria is a global icon and one of the most famous names in both fashion and music. The active involvement of David and Victoria in all things fashion and luxury almost constantly keeps them in the media’s attention. Hence, they are seen as one of the world’s most powerful couples.

A look at David Beckham’s footballing career

Beckham was born in Leytonstone, East London, England. He played for Manchester United’s youth team in his early years and was instrumental in its 1992 national championship win. The same year, he started his senior career with the club, popularly known as Red Devils, and won six English Premier League (EPL) championships, among other notable tournaments over the next 11 years.

He moved to Spain, to join La Liga club Real Madrid in 2003. He was one of the top footballers in the star-studded club, playing alongside football legends such as France’s Zinedine Zidane, Brazil’s Ronaldo and Roberto Carlos, Spain’s Raúl and Iker Casillas, Portugal’s Luís Figo, Italy’s Fabio Cannavaro, and the Netherlands’ Ruud van Nistelrooy. In his final year at the club during the 2006-07 season, Beckham won the La Liga.

 

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He then left Europe to join MLS club LA Galaxy in the US, where he stayed for five years and won the MLS Cup on two occasions — 2011 and 2012. Beckham retired as a football player in 2013 after playing 10 games for the French club Paris Saint-Germain (PSG) and winning the year’s title while with them. The win made him the first English player to win the league title in four countries.

What is David Beckham’s net worth?

Several reports suggest that David Beckham’s total net worth is around USD 450 million. But this is different from what he may have earned in his entire career before paying taxes and other dues.

In 2017, Forbes published its list of the 25 highest-paid athletes of all time. Beckham was tied at the seventh place on the list with a career total earnings of USD 800 million adjusted for inflation. According to Forbes, his career earnings included all of his earnings from football — salaries, bonuses and prize money — endorsements, licensing and fees both before and after his retirement except for investment income.

How David Beckham built his net worth

Earnings from the sport

At the time of his retirement from football as a player, David Beckham was still one of the highest-paid active athletes of the time. But being among the world’s highest-paid athletes list was normal for the English star.

In fact, as far back as 1999, when he was a young player for Manchester United, The Guardian reported, citing France Football magazine, that he was the second-richest footballer in the world with total earnings of around USD 5 million, including his salary of USD 2.5 million, for the season.

Years later, in 2007, Beckham took a massive pay cut to leave Real Madrid, where he was paid around USD 20 million in salary, to join LA Galaxy for a base salary of just USD 6.5 million. But Forbes reported in November 2012 that he still made over USD 250 million in the six years he spent at the MLS club because of his percentage revenue clause that brought his earnings to a total of USD 50 million per year.

Possibly his biggest investment ever has been in MLS itself, where he started his own football club in the league. This was part of a USD 25-million clause he had signed back in 2007, an option that he went for after his retirement when he co-founded Inter Miami FC in 2018 with the Mas brothers — Jorge Mas and Jose Mas. The club started playing in MLS in 2020.

As of June 2023, various estimates suggest that Inter Miami FC is worth USD 600 million. In the same month, it landed one of the biggest coups in the footballing world by bagging Argentine football and 2022 FIFA World Cup champion Lionel Messi from PSG. The arrival of the sporting legend will reportedly skyrocket the club’s valuation to at least USD 1 billion, making it one of the world’s most valuable football clubs.

Inter Miami David
Beckham at his Inter Miami FC club. (Image credit: David Beckham/@davidbeckham/Instagram)

Even though he is long retired, Beckham’s association with football runs so deep that he was made the face of the 2022 FIFA World Cup in Qatar. He signed a 10-year deal with the country’s authorities, which, reports say, is worth somewhere around USD 170 million to USD 277 million.

Endorsements by David Beckham

David Beckham is not just one of the greatest midfielders of his generation, he is also seen as one of the most handsome sportspersons in the world. His dashing looks and fashion sense are imitated by many of his fans, making him a brand magnet.

Even years after his retirement, multi-million dollar brand deals continue to be a major source of revenue for the English football icon.

Over the course of his career and post-retirement, Beckham has been associated with brands such as Adidas, Coty, H&M, Pepsi, Sainsbury’s, Samsung and Breitling. He also has his own line of sunglasses and fragrances.

Beckham wearing a shade by DB Eyewear, his own brand. (Image credit: David Beckham/@davidbeckham/Instagram)

His deal with German footwear and athletic brand Adidas was inked in 2003, which was in the form of a lifetime contract worth USD 160 million. At the time of its signing, it was one of the largest endorsement deals in sports history.

Reports also suggest that Beckham has a USD 50 million stake in the single-grain whiskey brand Haig Club, which he helped create in 2014 with spirits company Diageo.

Beckham has been the face of the Italian luxury car maker Maserati since 2021. He has appeared in some of the major advertising campaigns for the brand, especially for the electric Maserati MC20 which costs over USD 220,000.

And Maserati isn’t the only car brand in his endorsement portfolio. Beckham is also the face of British automaker Jaguar in the China market.

As for luxury timepieces, he is believed to make over USD 300,000 as the ambassador of the Swiss luxury watch company Tudor, with which he signed a deal in 2017.

Beckham Tudor
David Beckham in a campaign for Tudor watches. (Image credit: David Beckham/@davidbeckham/Instagram)

He also starred in Italian luxury fashion brand Armani’s underwear campaign from 2012 to 2014, as part of which he was reportedly paid around USD 25 million.

In 2020, he signed a USD 55-million deal to appear in the EA Sports video game, FIFA 21.

Companies that David Beckham owns

David Beckham owns DB Ventures, an investment company that manages all of his endorsement deals and other related engagements. According to a December 2022 report by Bloomberg, DB Ventures earned a profit after tax of around USD 25 million in 2021, which was up from USD 13.5 million in profit after tax in 2020. This means that his company’s profit rose by almost 85 per cent year on year.

The report also said that Beckham and Victoria were paid around USD 8 million in dividends in 2021 by Beckham Brand Holdings Ltd., the holding company which owns both DB Ventures Limited and Victoria’s fashion business. Around USD 2.3 million was paid out in addition after the reporting period.

In February 2022, retail and entertainment major Authentic Brands Group bought a stake in DB Ventures. Citing a source, CNBC reported that the company acquired a 55 per cent stake for USD 269 million. Beckham, thus, became a shareholder in Authentic Brands, one of whose major investors is National Basketball Association (NBA) icon Shaquille O’Neal.

The company also said that it has become the largest shareholder in Beckham’s production company Studio 99, which he co-founded in 2019.

Beckham also co-owns an e-sports company known as Guild Esports. The footballer is believed to have invested in the company sometime in 2020.

It was reported the same year that he would be paid around USD 20 million over a period of five years and 15 per cent of the proceeds of all the company’s merchandising sales and sponsorship revenues as part of a deal signed months before his investment. The deal was signed between Guild Esports and Footwork Productions, a company owned by Beckham which holds the license to his name and image, for the former to use the footballer’s publicity rights.

The deal was renegotiated a couple of years later, following which Beckham’s guaranteed payments were significantly cut in exchange for a 20 per cent stake in all merchandise and sponsorship revenue made by the company over the next two years.

In February 2023, Guild Esports launched Guild Studios, a production and creative services division for stakeholders in e-sports. One of the major partners of Guild Esports is Samsung, for which Beckham has appeared in commercials of the Galaxy smartphone series wearing the e-sports company’s merchandise.

How David Beckham spends his wealth

Properties

Reports indicate that David Beckham’s property portfolio is shared with his wife, which means they either jointly own them or the ownership details are unclear.

According to Hello!, the Beckham power couple has a real estate empire worth around USD 92 million.

The property that makes up for almost half the worth of all his properties is a USD 40 million townhouse in London’s Holland Park. With seven bedrooms, the house also includes a gym and a wine cellar. The Beckhams spent around USD 10 million on renovations after buying the property.

Their Cotswold property, which is worth around USD 8 million, is well known. This is where they spent time during the COVID-19 lockdown in 2020. The Grade II-listed farmhouse, which they purchased in December 2016, is particularly known for its garden, traditional Estonian sauna and football pitch.

Hello! magazine also reports that the family has two properties in Dubai, United Arab Emirates (UAE). Of course, no prizes for guessing that one of those properties is in Burj Khalifa — the world’s tallest building.

Apart from the Burj Khalifa apartment, which reportedly cost the Beckham family USD 5 million, they also own a villa in Palm Jumeirah, which is one of the richest locations in the UAE. The villa cost them around USD 1.5 million when they purchased it in 2002. They still hold the property, the worth of which, Hello! says, rose to USD 10 million by 2008.

 

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Now that most of Beckham’s time is occupied with his club in Miami, the family would have a permanent place to stay in the beachside Florida city. Their comfort is taken care of in their penthouse in the One Hundred Museum building. It has walk-in wardrobes, a rooftop pool and multiple terraces offering stunning views of Biscayne Bay and the Atlantic Ocean. The cost of this apartment is around USD 24 million.

Cars and bikes

It doesn’t come as a surprise for a stylish footballer to have stunning cars and motorcycles in his garage to back up his image. The English sporting legend knows this quite well. No wonder then that he has owned over 30 beautiful machines in the years since he became a hotshot. The total cost of the wheels, as per a general estimate by The Sun, comes to around USD 4 million.

In 2021, Beckham used his personal fortune to buy a 10 per cent stake in Lunaz, a company that modifies classic four-wheels as well as bin trucks to run on electricity. He even bought a light blue vintage Jaguar XK120, which had been modified by Lunaz, for around USD 500,000 as a wedding gift for Brooklyn on the latter’s marriage to Nicola Peltz in 2022.

Speaking of classic cars, Beckham kept a deep red 1988 Aston Martin V8 Volante in his collection for 15 years before parting with it in 2018. The convertible, one of only 78 ever made, was apparently the footballer’s favourite, as he was often seen driving it around. The same car was displayed at the 2020 London Classic Car Show before the COVID-19 pandemic paused the event that year and was later put up for sale by Aston Martin Works.

His first car was a 1994 Volkswagen Golf, which he sold in 2015 to raise funds for charity.

His first high-speed car was a 1997 Porsche 911 Carrera. He was often seen in this car seen in the company of Victoria, who was then his girlfriend. The car was auctioned off in 2008.

The other gems in Beckham’s collection are a Porsche 911 Turbo and a replica of Hollywood actor Steve McQueen’s 911. His fast cars include a Ferrari 612 Scaglietti, a Ferrari 360 Spider and a Ferrari 550 Maranello, a Lamborghini Gallardo and a silver McLaren 720S with gullwings.

Some of the other prominent cars that he has owned include a Levante SUV, a Jeep Wrangler, a Cadillac Escalade and a Mercedes CLK as well as three BMW cars — M3, 645i and X5 — along with at least four Audi cars, one of which, an Audi RS6, was involved in an accident.

Among quintessential American cars in his collection are a matte black 2011 Chevrolet Camaro and an armour-plated Hummer. His ultimate luxury vehicles include a Bentley and a Rolls-Royce Phantom Drophead Coupe.

Beckham is also the face of Maserati. The company gifted a Maserati MC20 electric car, which he has been seen driving on the streets of London. The car has a maximum speed of over 325 km/h.

David Beckham Net Worth
David Beckham poses for a Maserati FuoriSerie car. (Image credit: David Beckham/@davidbeckham/Instagram)

But being an English icon means that Beckham’s garage is expected to have some classic British cars. In fact, Beckham has been photographed perhaps more in his Land Rovers and Jaguars — iconic British car brands now owned by India’s Tata Motors — than in any other type of car.

Among the Jaguars that Beckham and his family have been seen in are a metallic blue Jaguar XK8 and a Jaguar XJ.

As for the Land Rovers, there are quite a few. In 2015, Beckham and Victoria were seen arriving at a shopping area in a grey Land Rover Defender 110. Years later, during the lockdown, the Beckham family went to a deli while isolating at the Cotswolds property of the footballer in a black Land Rover Defender.

During this period, Beckham was also seen driving around with Harper in a vintage Land Rover Series III, a similar type to which English actor Daniel Craig was seen driving in the James Bond film No Time to Die (2021).

His other Land Rover is a black Range Rover Sport, which was damaged in a car crash he was involved in October 2013.

His bike collection is equally impressive. Beckham has owned a custom Harley-Davidson 93 Knucklehead and a Confederate F131 Hellcat joined by two bikes by Italian motorcycle major Ducati — a Desmosedici RR and a Monster 1100.

David Beckham Net Worth
Beckham getting ready to ride one of his vintage bikes. (Image credit: David Beckham/@davidbeckham/Instagram)

His other bikes include a Triumph Scrambler, a Super Vintage 93 Knuckle and a BMW R80 — all of which are vintage two-wheelers.

Yacht

The Beckham family is known for holidaying in some of the most picturesque locations in the world. In fact, Victoria often posts snaps and videos on her Instagram account, showing the family having fun on islands, beaches or the waves.

It is no wonder then that David Beckham owns a yacht. In December 2021, The Sun reported that he bought a 30-metre-long vessel for around USD 6.5 million.

The daily cited a source, saying that Beckham himself designed the boat. The report further suggested the boat could be a Ferretti yacht since the ace footballer had paid a visit to the headquarters of the shipbuilder in Italy’s Forli.

The vessel was named Seven, in honour of the jersey number that Beckham wore during his career in England’s national team and Manchester United.

Art collection

It is widely believed that a substantial part of David Beckham’s net worth is made up of his massive art collection. Estimates suggest that the collection, which is held by both Beckham and Victoria, is worth around USD 44 million.

Back in 2010, the Daily Mirror reported that the couple bought “love-themed” works of art by the likes of Banksy, Damien Hirst, Jake and Dinos Chapman, Sam Taylor Wood, and Tracey Emin within eight years.

Citing a source, the report said that the footballer is “a huge patron of provocative British art” and purchases art by lesser-known painters alongside those of more famous names.

“One of the works is a Hirst bull’s heart enshrined in silver with scalpels exploding from it. Another, given from David to Victoria for Christmas, is an Emin-designed strip of neon lights spelt to read ‘Forever yours’,” the source told Daily Mirror.

The Beckhams have added more artwork since. According to Artnet, the footballer paid USD 780,000 in 2014 for a commissioned painting titled Daddy’s Girl, to celebrate Harper’s birthday. The following year, Victoria commissioned British artist Eddie Peake to sculpt an installation for her store at Dover Street.

Tattoos

A 2015 report by Daily Mirror revealed that Beckham spent around USD 82.5k on the tattoos that adorn his body. Most of his body, from the neck down, is covered in ink. There are tattoos dedicated to Harper and Victoria, among personal symbolisms.

The Sun’s estimate suggests that each of his tattoos cost an average of USD 400. Some of them, such as a Cupid and Psyche tattoo and the image of Victoria, are believed to have cost him around USD 6,000 each.

Beckham tattoo
Beckham has tattoos covering most of his body, especially his hands and arms. (Image credit: David Beckham/@davidbeckham/Instagram)

Some of his most notable tattoos are numerals and phrases such as “We love you Daddy”, “1975” and “Mum & Dad” as well as symbolisms like the large cross and wings iconography between the names of two of his sons,  Romeo and Cruz, which covers the top half of his back.

In all, Beckham is believed to have over 65 tattoos on his body with some estimates suggesting that could be above 80.

 

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Charity

beckham UNICEF
Beckham appears in a UNICEF campaign. (Image credit: David Beckham/@davidbeckham/Instagram)

David Beckham uses part of his vast net worth for philanthropic purposes. His charitable works are undertaken by his philanthropic foundation 7 Fund.

He has worked with the United Nations International Children’s Fund (UNICEF) as an ambassador for 17 years. Following Russia’s invasion of Ukraine in February 2022, Beckham set up an emergency appeal through his 7 Fund to help children who would be affected by the war.

Together with Victoria, he donated USD 1.2 million immediately to the cause. He also urged his followers on social media to come forward to donate.

“Mothers forced to flee with their children. Families are torn apart. Children are taken from their beds to become refugees overnight. As the conflict in #Ukraine enters its second week, the needs of families are escalating and 7.5m children are now at risk. Today, on International Women’s Day, my 7 Fund for @UNICEF is setting up an Emergency Appeal to help provide immediate aid to support children’s well-being, including medical supplies and safe spaces for families,” he wrote in his appeal.

The Sun reported in March 2022 that Beckham has raised almost USD 60 million for UNICEF over his long association. Citing a source, the report said that he also “quietly gives about a million a year from his own pocket.”

Besides UNICEF, Beckham has been a strong supporter of the Red Cross, Help for Heroes, WildAid, and Save the Children, among other charities.

At the time of his retirement in 2013, he donated his USD 5.3 million salary at PSG to a children’s charity.

(Hero and Featured images: David Beckham/@davidbeckham/Instagram)

This story first appeared in Augustman India.

The post David Beckham’s Net Worth: All the Expensive Things the Football Icon Owns appeared first on Prestige Online - HongKong.

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Renowned for his long passes and devastating accuracy from free-kicks, English football icon David Beckham built his multi-million dollar net worth on the back of his numerous on-field successes and his off-field image of a highly marketable sportsperson.

Despite having retired from the sport 10 years ago, he continues to be among the richest footballers in the world, thanks to his investments and his co-ownership of Major League Soccer (MLS) club Inter Miami FC.

Along with his exceptional performance as a midfielder, Beckham was renowned for his hairstyles and setting fashion statements throughout his career. He is seen as a British cultural icon and used his immense fame to build a successful career outside of football, through lucrative endorsement deals, wise investments and profitable businesses. He also used his image for notable philanthropic purposes as well as lending his name to causes such as education and the environment.

He is married to Victoria Adams, who was part of the acclaimed all-girl music group Spice Girls and is now a fashion designer in her own right. They have four children together — sons Brooklyn, Romeo and Cruz, and daughter Harper.

Victoria is a global icon and one of the most famous names in both fashion and music. The active involvement of David and Victoria in all things fashion and luxury almost constantly keeps them in the media’s attention. Hence, they are seen as one of the world’s most powerful couples.

A look at David Beckham’s footballing career

Beckham was born in Leytonstone, East London, England. He played for Manchester United’s youth team in his early years and was instrumental in its 1992 national championship win. The same year, he started his senior career with the club, popularly known as Red Devils, and won six English Premier League (EPL) championships, among other notable tournaments over the next 11 years.

He moved to Spain, to join La Liga club Real Madrid in 2003. He was one of the top footballers in the star-studded club, playing alongside football legends such as France’s Zinedine Zidane, Brazil’s Ronaldo and Roberto Carlos, Spain’s Raúl and Iker Casillas, Portugal’s Luís Figo, Italy’s Fabio Cannavaro, and the Netherlands’ Ruud van Nistelrooy. In his final year at the club during the 2006-07 season, Beckham won the La Liga.

 

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He then left Europe to join MLS club LA Galaxy in the US, where he stayed for five years and won the MLS Cup on two occasions — 2011 and 2012. Beckham retired as a football player in 2013 after playing 10 games for the French club Paris Saint-Germain (PSG) and winning the year’s title while with them. The win made him the first English player to win the league title in four countries.

What is David Beckham’s net worth?

Several reports suggest that David Beckham’s total net worth is around USD 450 million. But this is different from what he may have earned in his entire career before paying taxes and other dues.

In 2017, Forbes published its list of the 25 highest-paid athletes of all time. Beckham was tied at the seventh place on the list with a career total earnings of USD 800 million adjusted for inflation. According to Forbes, his career earnings included all of his earnings from football — salaries, bonuses and prize money — endorsements, licensing and fees both before and after his retirement except for investment income.

How David Beckham built his net worth

Earnings from the sport

At the time of his retirement from football as a player, David Beckham was still one of the highest-paid active athletes of the time. But being among the world’s highest-paid athletes list was normal for the English star.

In fact, as far back as 1999, when he was a young player for Manchester United, The Guardian reported, citing France Football magazine, that he was the second-richest footballer in the world with total earnings of around USD 5 million, including his salary of USD 2.5 million, for the season.

Years later, in 2007, Beckham took a massive pay cut to leave Real Madrid, where he was paid around USD 20 million in salary, to join LA Galaxy for a base salary of just USD 6.5 million. But Forbes reported in November 2012 that he still made over USD 250 million in the six years he spent at the MLS club because of his percentage revenue clause that brought his earnings to a total of USD 50 million per year.

Possibly his biggest investment ever has been in MLS itself, where he started his own football club in the league. This was part of a USD 25-million clause he had signed back in 2007, an option that he went for after his retirement when he co-founded Inter Miami FC in 2018 with the Mas brothers — Jorge Mas and Jose Mas. The club started playing in MLS in 2020.

As of June 2023, various estimates suggest that Inter Miami FC is worth USD 600 million. In the same month, it landed one of the biggest coups in the footballing world by bagging Argentine football and 2022 FIFA World Cup champion Lionel Messi from PSG. The arrival of the sporting legend will reportedly skyrocket the club’s valuation to at least USD 1 billion, making it one of the world’s most valuable football clubs.

Inter Miami David
Beckham at his Inter Miami FC club. (Image credit: David Beckham/@davidbeckham/Instagram)

Even though he is long retired, Beckham’s association with football runs so deep that he was made the face of the 2022 FIFA World Cup in Qatar. He signed a 10-year deal with the country’s authorities, which, reports say, is worth somewhere around USD 170 million to USD 277 million.

Endorsements by David Beckham

David Beckham is not just one of the greatest midfielders of his generation, he is also seen as one of the most handsome sportspersons in the world. His dashing looks and fashion sense are imitated by many of his fans, making him a brand magnet.

Even years after his retirement, multi-million dollar brand deals continue to be a major source of revenue for the English football icon.

Over the course of his career and post-retirement, Beckham has been associated with brands such as Adidas, Coty, H&M, Pepsi, Sainsbury’s, Samsung and Breitling. He also has his own line of sunglasses and fragrances.

Beckham wearing a shade by DB Eyewear, his own brand. (Image credit: David Beckham/@davidbeckham/Instagram)

His deal with German footwear and athletic brand Adidas was inked in 2003, which was in the form of a lifetime contract worth USD 160 million. At the time of its signing, it was one of the largest endorsement deals in sports history.

Reports also suggest that Beckham has a USD 50 million stake in the single-grain whiskey brand Haig Club, which he helped create in 2014 with spirits company Diageo.

Beckham has been the face of the Italian luxury car maker Maserati since 2021. He has appeared in some of the major advertising campaigns for the brand, especially for the electric Maserati MC20 which costs over USD 220,000.

And Maserati isn’t the only car brand in his endorsement portfolio. Beckham is also the face of British automaker Jaguar in the China market.

As for luxury timepieces, he is believed to make over USD 300,000 as the ambassador of the Swiss luxury watch company Tudor, with which he signed a deal in 2017.

Beckham Tudor
David Beckham in a campaign for Tudor watches. (Image credit: David Beckham/@davidbeckham/Instagram)

He also starred in Italian luxury fashion brand Armani’s underwear campaign from 2012 to 2014, as part of which he was reportedly paid around USD 25 million.

In 2020, he signed a USD 55-million deal to appear in the EA Sports video game, FIFA 21.

Companies that David Beckham owns

David Beckham owns DB Ventures, an investment company that manages all of his endorsement deals and other related engagements. According to a December 2022 report by Bloomberg, DB Ventures earned a profit after tax of around USD 25 million in 2021, which was up from USD 13.5 million in profit after tax in 2020. This means that his company’s profit rose by almost 85 per cent year on year.

The report also said that Beckham and Victoria were paid around USD 8 million in dividends in 2021 by Beckham Brand Holdings Ltd., the holding company which owns both DB Ventures Limited and Victoria’s fashion business. Around USD 2.3 million was paid out in addition after the reporting period.

In February 2022, retail and entertainment major Authentic Brands Group bought a stake in DB Ventures. Citing a source, CNBC reported that the company acquired a 55 per cent stake for USD 269 million. Beckham, thus, became a shareholder in Authentic Brands, one of whose major investors is National Basketball Association (NBA) icon Shaquille O’Neal.

The company also said that it has become the largest shareholder in Beckham’s production company Studio 99, which he co-founded in 2019.

Beckham also co-owns an e-sports company known as Guild Esports. The footballer is believed to have invested in the company sometime in 2020.

It was reported the same year that he would be paid around USD 20 million over a period of five years and 15 per cent of the proceeds of all the company’s merchandising sales and sponsorship revenues as part of a deal signed months before his investment. The deal was signed between Guild Esports and Footwork Productions, a company owned by Beckham which holds the license to his name and image, for the former to use the footballer’s publicity rights.

The deal was renegotiated a couple of years later, following which Beckham’s guaranteed payments were significantly cut in exchange for a 20 per cent stake in all merchandise and sponsorship revenue made by the company over the next two years.

In February 2023, Guild Esports launched Guild Studios, a production and creative services division for stakeholders in e-sports. One of the major partners of Guild Esports is Samsung, for which Beckham has appeared in commercials of the Galaxy smartphone series wearing the e-sports company’s merchandise.

How David Beckham spends his wealth

Properties

Reports indicate that David Beckham’s property portfolio is shared with his wife, which means they either jointly own them or the ownership details are unclear.

According to Hello!, the Beckham power couple has a real estate empire worth around USD 92 million.

The property that makes up for almost half the worth of all his properties is a USD 40 million townhouse in London’s Holland Park. With seven bedrooms, the house also includes a gym and a wine cellar. The Beckhams spent around USD 10 million on renovations after buying the property.

Their Cotswold property, which is worth around USD 8 million, is well known. This is where they spent time during the COVID-19 lockdown in 2020. The Grade II-listed farmhouse, which they purchased in December 2016, is particularly known for its garden, traditional Estonian sauna and football pitch.

Hello! magazine also reports that the family has two properties in Dubai, United Arab Emirates (UAE). Of course, no prizes for guessing that one of those properties is in Burj Khalifa — the world’s tallest building.

Apart from the Burj Khalifa apartment, which reportedly cost the Beckham family USD 5 million, they also own a villa in Palm Jumeirah, which is one of the richest locations in the UAE. The villa cost them around USD 1.5 million when they purchased it in 2002. They still hold the property, the worth of which, Hello! says, rose to USD 10 million by 2008.

 

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Now that most of Beckham’s time is occupied with his club in Miami, the family would have a permanent place to stay in the beachside Florida city. Their comfort is taken care of in their penthouse in the One Hundred Museum building. It has walk-in wardrobes, a rooftop pool and multiple terraces offering stunning views of Biscayne Bay and the Atlantic Ocean. The cost of this apartment is around USD 24 million.

Cars and bikes

It doesn’t come as a surprise for a stylish footballer to have stunning cars and motorcycles in his garage to back up his image. The English sporting legend knows this quite well. No wonder then that he has owned over 30 beautiful machines in the years since he became a hotshot. The total cost of the wheels, as per a general estimate by The Sun, comes to around USD 4 million.

In 2021, Beckham used his personal fortune to buy a 10 per cent stake in Lunaz, a company that modifies classic four-wheels as well as bin trucks to run on electricity. He even bought a light blue vintage Jaguar XK120, which had been modified by Lunaz, for around USD 500,000 as a wedding gift for Brooklyn on the latter’s marriage to Nicola Peltz in 2022.

Speaking of classic cars, Beckham kept a deep red 1988 Aston Martin V8 Volante in his collection for 15 years before parting with it in 2018. The convertible, one of only 78 ever made, was apparently the footballer’s favourite, as he was often seen driving it around. The same car was displayed at the 2020 London Classic Car Show before the COVID-19 pandemic paused the event that year and was later put up for sale by Aston Martin Works.

His first car was a 1994 Volkswagen Golf, which he sold in 2015 to raise funds for charity.

His first high-speed car was a 1997 Porsche 911 Carrera. He was often seen in this car seen in the company of Victoria, who was then his girlfriend. The car was auctioned off in 2008.

The other gems in Beckham’s collection are a Porsche 911 Turbo and a replica of Hollywood actor Steve McQueen’s 911. His fast cars include a Ferrari 612 Scaglietti, a Ferrari 360 Spider and a Ferrari 550 Maranello, a Lamborghini Gallardo and a silver McLaren 720S with gullwings.

Some of the other prominent cars that he has owned include a Levante SUV, a Jeep Wrangler, a Cadillac Escalade and a Mercedes CLK as well as three BMW cars — M3, 645i and X5 — along with at least four Audi cars, one of which, an Audi RS6, was involved in an accident.

Among quintessential American cars in his collection are a matte black 2011 Chevrolet Camaro and an armour-plated Hummer. His ultimate luxury vehicles include a Bentley and a Rolls-Royce Phantom Drophead Coupe.

Beckham is also the face of Maserati. The company gifted a Maserati MC20 electric car, which he has been seen driving on the streets of London. The car has a maximum speed of over 325 km/h.

David Beckham Net Worth
David Beckham poses for a Maserati FuoriSerie car. (Image credit: David Beckham/@davidbeckham/Instagram)

But being an English icon means that Beckham’s garage is expected to have some classic British cars. In fact, Beckham has been photographed perhaps more in his Land Rovers and Jaguars — iconic British car brands now owned by India’s Tata Motors — than in any other type of car.

Among the Jaguars that Beckham and his family have been seen in are a metallic blue Jaguar XK8 and a Jaguar XJ.

As for the Land Rovers, there are quite a few. In 2015, Beckham and Victoria were seen arriving at a shopping area in a grey Land Rover Defender 110. Years later, during the lockdown, the Beckham family went to a deli while isolating at the Cotswolds property of the footballer in a black Land Rover Defender.

During this period, Beckham was also seen driving around with Harper in a vintage Land Rover Series III, a similar type to which English actor Daniel Craig was seen driving in the James Bond film No Time to Die (2021).

His other Land Rover is a black Range Rover Sport, which was damaged in a car crash he was involved in October 2013.

His bike collection is equally impressive. Beckham has owned a custom Harley-Davidson 93 Knucklehead and a Confederate F131 Hellcat joined by two bikes by Italian motorcycle major Ducati — a Desmosedici RR and a Monster 1100.

David Beckham Net Worth
Beckham getting ready to ride one of his vintage bikes. (Image credit: David Beckham/@davidbeckham/Instagram)

His other bikes include a Triumph Scrambler, a Super Vintage 93 Knuckle and a BMW R80 — all of which are vintage two-wheelers.

Yacht

The Beckham family is known for holidaying in some of the most picturesque locations in the world. In fact, Victoria often posts snaps and videos on her Instagram account, showing the family having fun on islands, beaches or the waves.

It is no wonder then that David Beckham owns a yacht. In December 2021, The Sun reported that he bought a 30-metre-long vessel for around USD 6.5 million.

The daily cited a source, saying that Beckham himself designed the boat. The report further suggested the boat could be a Ferretti yacht since the ace footballer had paid a visit to the headquarters of the shipbuilder in Italy’s Forli.

The vessel was named Seven, in honour of the jersey number that Beckham wore during his career in England’s national team and Manchester United.

Art collection

It is widely believed that a substantial part of David Beckham’s net worth is made up of his massive art collection. Estimates suggest that the collection, which is held by both Beckham and Victoria, is worth around USD 44 million.

Back in 2010, the Daily Mirror reported that the couple bought “love-themed” works of art by the likes of Banksy, Damien Hirst, Jake and Dinos Chapman, Sam Taylor Wood, and Tracey Emin within eight years.

Citing a source, the report said that the footballer is “a huge patron of provocative British art” and purchases art by lesser-known painters alongside those of more famous names.

“One of the works is a Hirst bull’s heart enshrined in silver with scalpels exploding from it. Another, given from David to Victoria for Christmas, is an Emin-designed strip of neon lights spelt to read ‘Forever yours’,” the source told Daily Mirror.

The Beckhams have added more artwork since. According to Artnet, the footballer paid USD 780,000 in 2014 for a commissioned painting titled Daddy’s Girl, to celebrate Harper’s birthday. The following year, Victoria commissioned British artist Eddie Peake to sculpt an installation for her store at Dover Street.

Tattoos

A 2015 report by Daily Mirror revealed that Beckham spent around USD 82.5k on the tattoos that adorn his body. Most of his body, from the neck down, is covered in ink. There are tattoos dedicated to Harper and Victoria, among personal symbolisms.

The Sun’s estimate suggests that each of his tattoos cost an average of USD 400. Some of them, such as a Cupid and Psyche tattoo and the image of Victoria, are believed to have cost him around USD 6,000 each.

Beckham tattoo
Beckham has tattoos covering most of his body, especially his hands and arms. (Image credit: David Beckham/@davidbeckham/Instagram)

Some of his most notable tattoos are numerals and phrases such as “We love you Daddy”, “1975” and “Mum & Dad” as well as symbolisms like the large cross and wings iconography between the names of two of his sons,  Romeo and Cruz, which covers the top half of his back.

In all, Beckham is believed to have over 65 tattoos on his body with some estimates suggesting that could be above 80.

 

View this post on Instagram

 

A post shared by David Beckham (@davidbeckham)

Charity

beckham UNICEF
Beckham appears in a UNICEF campaign. (Image credit: David Beckham/@davidbeckham/Instagram)

David Beckham uses part of his vast net worth for philanthropic purposes. His charitable works are undertaken by his philanthropic foundation 7 Fund.

He has worked with the United Nations International Children’s Fund (UNICEF) as an ambassador for 17 years. Following Russia’s invasion of Ukraine in February 2022, Beckham set up an emergency appeal through his 7 Fund to help children who would be affected by the war.

Together with Victoria, he donated USD 1.2 million immediately to the cause. He also urged his followers on social media to come forward to donate.

“Mothers forced to flee with their children. Families are torn apart. Children are taken from their beds to become refugees overnight. As the conflict in #Ukraine enters its second week, the needs of families are escalating and 7.5m children are now at risk. Today, on International Women’s Day, my 7 Fund for @UNICEF is setting up an Emergency Appeal to help provide immediate aid to support children’s well-being, including medical supplies and safe spaces for families,” he wrote in his appeal.

The Sun reported in March 2022 that Beckham has raised almost USD 60 million for UNICEF over his long association. Citing a source, the report said that he also “quietly gives about a million a year from his own pocket.”

Besides UNICEF, Beckham has been a strong supporter of the Red Cross, Help for Heroes, WildAid, and Save the Children, among other charities.

At the time of his retirement in 2013, he donated his USD 5.3 million salary at PSG to a children’s charity.

(Hero and Featured images: David Beckham/@davidbeckham/Instagram)

This story first appeared in Augustman India.

The post David Beckham’s Net Worth: All the Expensive Things the Football Icon Owns appeared first on Prestige Online - HongKong.

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Dua Lipa’s Rising Net Worth and the Expensive Things She Owns https://www.prestigeonline.com/hk/lifestyle/wealth-management/dua-lipa-net-worth-career-and-expensive-things-owned-by-her/ Fri, 07 Jul 2023 16:00:23 +0000 https://www.prestigeonline.com/hk/?p=273707

She has got her fans “levitating” with her songs, hasn’t she? Since her debut album dropped in 2015, Dua Lipa has seen an astronomical rise to stardom with hit tracks, memorable fashion moments, concert tours, several awards and brand endorsements. Now, as she makes her acting debut with the 2023 movie Barbie, starring Margot Robbie and Ryan Gosling, let’s look at Dua Lipa’s net worth and how she spends her millions.

Lipa never fails to stir up the air with her music and fashion choices. Be it turning heads at the 2023 Met Gala as a Chanel bride or helming the Future Nostalgia Tour in 2022, which became one of her highest-grossing tours, her success, indeed, contributes to her wealth.

In 2017, Celebrity Net Worth stated Dua Lipa’s net worth was USD 3 million. Two years later, the figure rose to 6 million. By 2020, it doubled and was estimated to be USD 16 million. It reached USD 25 million the following year and currently stands at USD 35 million.

All about Dua Lipa’s career, brand endorsement deals and the expensive things she owns

Dua Lipa’s personal life and early career

Dua Lipa net worth - family
Image credit: Dua Lipa/ Instagram

Dua Lipa was born on 22 August 1995 in London to Albanian parents. Her parents Dukagjin and Anesa Lipa lived in Kosovo but moved to the UK before she was born. However, the Lipas moved back to Kosovo in 2006.

Before her foray into the music industry, Dua uploaded Pink and Nelly Furtado covers on YouTube. She started as a waiter at Soho’s Mexican restaurant La Bodega Negra. Recalling the experience, she says, “It was awful, not very nice at all.” Along with this, Lipa also did some modelling to save money for her music career.

Dua Lipa’s music career took flight in 2014

Dua Lipa net worth - music career
Image credit: Dua Lipa/ Instagram

It all goes back to 2014 when she signed with Warner Bros. Records UK and released her first single “New Love” in 2015.

Lipa launched her debut eponymous album in 2017 and “went straight in at number five to become the biggest selling week one female solo debut in the UK this [2017] year,” said Warner Music Group. It has reportedly netted over 14 million equivalent album sales (EAS).

The album features some of her hottest songs such as “New Rules,” which reached No. 11 on the Hot 100 and has over 900 million views on YouTube. With this song, Lipa became the first female artist to soar to the apex position in UK and Ireland charts since 2005. It also includes “Kiss And Make Up” (ft BLACKPINK), “Hotter Than Hell” and “Last Dance.”

Dua Lipa’s Future Nostalgia

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

Lipa launched her second studio album Future Nostalgia in 2020, and it made her a star. The album was a major hit with over 10,480,000 EAS from streams by May 2022, according to a Chartmaster report.

The report also mentions Future Nostalgia as the most streamed album from 2020 and the third among female albums of all time. The viral track “Levitating,” from this album, is also the longest-running female song ever on the US Hot 100 chart (77 weeks) and its Top 10 chart (41 weeks).

Future Nostalgia received huge critical acclaim and garnered a score of 88 on Metacritic. “Don’t Start Now,” the album’s lead single, peaked at No. 2 on the Billboard charts, making it her biggest hit in the United States.

While it might be difficult to quote a ballpark figure she pocketed from album sales, such high-ranking streaming stats have added to Dua Lipa’s net worth. As of May 2023, she has reportedly sold nearly 27.53 album units of which Future Nostalgia seems to be bringing in the bigger share and already has grossed nearly 11.5 million EAS.

Future Nostalgia Tour — a roaring success story

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

Dua Lipa embarked on her famous Future Nostalgia Tour in February 2022 in support of her sophomore album. The North American leg of the tour was devised by her touring business company Dua Lipa Live LLP between February and March 2022, which was followed by massive concerts across the UK, Europe, South America, New Zealand and Australia.

In all, she played 82 shows that catapulted her net worth with enormous momentum. An April 2023 report by The Sun says, “Dua, who had EUR 25 million in April 2020, has just filed new accounts to Companies House which show her touring company, Dua Lipa Live LLP, now has assets worth EUR 38.6 million, up EUR 8 million on the previous year. A separate firm, Dua Lipa Ltd, has so far raked in EUR 21.7 million. The earnings in her touring company come from the first two months of her North American Future Nostalgia Tour.

Future Nostalgia Tour amassed over USD 44 million from the first leg itself. Billboard estimates over 394,000 were sold during this time, and the earnings per show were also massive as compared to her first concert for the self-titled album — up by almost 1,500 per cent.

Hence, it comes as no surprise that Dua Lipa was able to double her net worth during this period. Interestingly, although the tour was postponed because of the COVID-19 pandemic, she did manage to encash the delayed time by streaming live shows. One of them, called Studio 2054, held on 27 November 2020, garnered over five million views and USD 2.63 million in revenues.

Dua Lipa’s streaming earnings

Dua Lipa net worth - Streaming earnings
Image credit: Dua Lipa/ Instagram

The singer has shown her prowess in all media and forms of music production — be it dropping her two studio albums, a long list of hit singles or going on concert tours. The “Be The One” singer has considerable dominance over streaming platforms as well.

According to Music Industry How To, Lipa earns a fair share from both YouTube and Spotify which contributes to plumping her net worth. She has over 21.7 million subscribers on her YouTube channel and garners about 3.62 million views daily. Hence, if we are to assume that Lipa makes around USD 3 – 7 per 1,000 views, it would translate to a smooth USD 434,400 per month.

Similarly, Lipa attracts over 59 million monthly listeners on Spotify. According to the report, if she makes about USD 3 per 1,000, she would gross about USD 177,209 every month.

 

View this post on Instagram

 

A post shared by SERVICE95 (@service95)

In addition to songs, Dua Lipa also has her podcast on Spotify, Dua Lipa: At Your Service. It is one of the highest-ranked podcasts where she looks into the different aspects of journalism. While the first two seasons saw interviews with the likes of Elton John, Russell Brand, CL, Megan Thee Stallion and Riz Ahmed, Lipa recently announced its third instalment. She also founded a newsletter platform Service95 to give fans insights into her life, cover fashion and lifestyle, and give updates about the podcast.

Dua Lipa’s awards and other collaborations

Dua Lipa net worth - awards and collaborations
Image credit: Dua Lipa/ Instagram

Lipa’s illustrious music career is decorated with several awards. She has bagged three Grammy Awards, six Brit Awards and two Billboard Music Awards, as of 2023. The “IDGAF” singer also has two Guinness World Records — in 2020, for the most tickets sold for a live-streamed concert by a solo female artist and in 2021 for most monthly listeners on Spotify for a female artist in that year.

Lipa has collaborated with several remarkable artists, but her recently noted partnership comes in 2021 with Elton John’s Lockdown Sessions album. The album has 16 songs, including John x Lipa’s “Cold Heart – PNAU” remix. The album also features Charlie Puth, the late Glenn Campbell, Miley Cyrus, Nicki Minaj, Stevie Nicks and Stevie Wonder.

Earnings from Barbie

Dua Lipa net worth - Barbie
Image credit: Dua Lipa/ Instagram

Lipa is all set to make a splash with Greta Gerwig’s Barbie as a mermaid Barbie. Although her earnings from the film are not known, given the other actors are being paid around USD 12.5 million, it is safe to assume Lipa’s paycheck is staggering as well. She has also contributed to the film’s music album and has created the “Dance The Night” song.

As part of her rising acting career, the pop star is also expected to appear in Matthew Vaughn’s 2024 directorial Argylle, starring Henry Cavill, Ariana DeBose, Samuel L Jackson and Bryan Cranston.

Dua Lipa’s brand endorsements

Dua Lipa net worth - brand endorsement
Image credit: Dua Lipa/ Instagram

Luxury brand collaborations form a major part of Dua Lipa’s earnings. In May 2023, she joined Versace’s creative director Donatella Versace to create her first line of womenswear for a high-fashion label. Her creations for the brand’s La Vacanza line exude beach vibes and showcase pink silhouettes, bags, swimwear, mini skirts, tight dresses and more. Metallic shades, shimmers and polka dots make it a vibrant and chic range.

In 2019, the “UN DIA” star became the face of YSL Beauty’s fragrance line. Taking the relationship forward, she starred in the YSL Libre Eau De Parfum campaign. Her bold, unapologetic attitude and youthful feminine energy make Lipa the perfect face of the perfume line.

Besides these, Lipa’s repertoire of brand endorsements includes Jaguar, Puma, Evian, Mugler and Pepe Jeans.

In 2022, Lipa invested in the London-based cosmetic brand Dizziak. The vegan skin and hair care brand was launched in 2018 and marks the singer’s first private equity investment.

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

With over 88.4 million Instagram followers, there is no doubt, she earns handsomely from such collaborations and Instagram posts which significantly add to her net worth.

Expensive things owned by her

Dua Lipa net worth - expensive things
Image credit: Dua Lipa/ Instagram

With such a whopping net worth, comes a penchant for all things fine and luxe. Dua Lipa’s home in London exudes her plush lifestyle. The mansion features vast open spaces and hedge-lined driveways. Brick and white walls with emerald tiles make up its exterior. Glass sliding doors, quirky designs, luxurious sofas, an aesthetic bathroom with an ivory marble bathtub, a patio and sunbathing spots make it a dream abode.

Dua Lipa’s car portfolio

Her busy schedule demands a fleet of luxury cars at her disposal. A BMW M4, worth about USD 90,000 and a magnificent Audi A6, worth around USD 135,000 are among her prized assets.

Electric cars are also part of her collection, and she owns two Jaguar electric models — Jaguar I-Pace, a sports vehicle worth around USD 80,000 and Jaguar F-Type, which cost approximately USD 100,000. While the former can produce a power of up to 394 horsepower and 512 pound-feet of torque combined from two electric motors, the latter is powered by a 5.0-litre supercharged V8 engine, which can produce 567 horsepower power and 700 NM of torque.

She also reportedly has a mighty Rolls Royce Ghost, a Range Rover Autobiography and a Range Rover Sport.

Love for fashion and beauty

Dua Lipa net worth - fashion
Image credit: Dua Lipa/ Instagram

Besides mega events like the Met Gala, the “Cool” singer also makes heads turn with her casual looks that include wearing baggy trousers and crop tops. However, her clothes do carry heavy price tags.

Other than Chanel and Versace, Lipa’s designer wardrobe has outfits from independent designers as well. She is reportedly fond of the Richard Quinn x Moncler collaboration, whose outfits cost between USD 2,000 and USD 2,700. She also owns trinkets and accessories from Milan-based designer Bea Bongiasca, costing about USD 500 to USD 1,250. On her birthday in 2020, Lipa wore a stunning 28-carat gold tennis bracelet worth USD 138,000.

Wearing such luxury clothes also calls for equally expensive beauty sessions, and her manicures hint at such indulgences. She is a loyal customer of celebrity manicurist Michelle Humphrey and shows her extravagant nail makeovers on Instagram. From gold and diamond studs to Swarovski, they showcase it all.

Charitable endeavours

Despite her global fame, she remains true to her Kosovo roots. In 2018, she donated USD 120,000 to Sun Hill Foundation, which works for the upliftment of poverty-stricken people. The organisation has since expanded with the help of donations from Miley Cyrus and Calvin Harris. Dua and her father Dukagjin launched the annual three-day Sun Hill Festival, and 25 per cent of its ticket sales go towards helping those in need.

(Hero and feature image credit: Dua Lipa/ Instagram)

This story first appeared here

The post Dua Lipa’s Rising Net Worth and the Expensive Things She Owns appeared first on Prestige Online - HongKong.

]]>

She has got her fans “levitating” with her songs, hasn’t she? Since her debut album dropped in 2015, Dua Lipa has seen an astronomical rise to stardom with hit tracks, memorable fashion moments, concert tours, several awards and brand endorsements. Now, as she makes her acting debut with the 2023 movie Barbie, starring Margot Robbie and Ryan Gosling, let’s look at Dua Lipa’s net worth and how she spends her millions.

Lipa never fails to stir up the air with her music and fashion choices. Be it turning heads at the 2023 Met Gala as a Chanel bride or helming the Future Nostalgia Tour in 2022, which became one of her highest-grossing tours, her success, indeed, contributes to her wealth.

In 2017, Celebrity Net Worth stated Dua Lipa’s net worth was USD 3 million. Two years later, the figure rose to 6 million. By 2020, it doubled and was estimated to be USD 16 million. It reached USD 25 million the following year and currently stands at USD 35 million.

All about Dua Lipa’s career, brand endorsement deals and the expensive things she owns

Dua Lipa’s personal life and early career

Dua Lipa net worth - family
Image credit: Dua Lipa/ Instagram

Dua Lipa was born on 22 August 1995 in London to Albanian parents. Her parents Dukagjin and Anesa Lipa lived in Kosovo but moved to the UK before she was born. However, the Lipas moved back to Kosovo in 2006.

Before her foray into the music industry, Dua uploaded Pink and Nelly Furtado covers on YouTube. She started as a waiter at Soho’s Mexican restaurant La Bodega Negra. Recalling the experience, she says, “It was awful, not very nice at all.” Along with this, Lipa also did some modelling to save money for her music career.

Dua Lipa’s music career took flight in 2014

Dua Lipa net worth - music career
Image credit: Dua Lipa/ Instagram

It all goes back to 2014 when she signed with Warner Bros. Records UK and released her first single “New Love” in 2015.

Lipa launched her debut eponymous album in 2017 and “went straight in at number five to become the biggest selling week one female solo debut in the UK this [2017] year,” said Warner Music Group. It has reportedly netted over 14 million equivalent album sales (EAS).

The album features some of her hottest songs such as “New Rules,” which reached No. 11 on the Hot 100 and has over 900 million views on YouTube. With this song, Lipa became the first female artist to soar to the apex position in UK and Ireland charts since 2005. It also includes “Kiss And Make Up” (ft BLACKPINK), “Hotter Than Hell” and “Last Dance.”

Dua Lipa’s Future Nostalgia

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

Lipa launched her second studio album Future Nostalgia in 2020, and it made her a star. The album was a major hit with over 10,480,000 EAS from streams by May 2022, according to a Chartmaster report.

The report also mentions Future Nostalgia as the most streamed album from 2020 and the third among female albums of all time. The viral track “Levitating,” from this album, is also the longest-running female song ever on the US Hot 100 chart (77 weeks) and its Top 10 chart (41 weeks).

Future Nostalgia received huge critical acclaim and garnered a score of 88 on Metacritic. “Don’t Start Now,” the album’s lead single, peaked at No. 2 on the Billboard charts, making it her biggest hit in the United States.

While it might be difficult to quote a ballpark figure she pocketed from album sales, such high-ranking streaming stats have added to Dua Lipa’s net worth. As of May 2023, she has reportedly sold nearly 27.53 album units of which Future Nostalgia seems to be bringing in the bigger share and already has grossed nearly 11.5 million EAS.

Future Nostalgia Tour — a roaring success story

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

Dua Lipa embarked on her famous Future Nostalgia Tour in February 2022 in support of her sophomore album. The North American leg of the tour was devised by her touring business company Dua Lipa Live LLP between February and March 2022, which was followed by massive concerts across the UK, Europe, South America, New Zealand and Australia.

In all, she played 82 shows that catapulted her net worth with enormous momentum. An April 2023 report by The Sun says, “Dua, who had EUR 25 million in April 2020, has just filed new accounts to Companies House which show her touring company, Dua Lipa Live LLP, now has assets worth EUR 38.6 million, up EUR 8 million on the previous year. A separate firm, Dua Lipa Ltd, has so far raked in EUR 21.7 million. The earnings in her touring company come from the first two months of her North American Future Nostalgia Tour.

Future Nostalgia Tour amassed over USD 44 million from the first leg itself. Billboard estimates over 394,000 were sold during this time, and the earnings per show were also massive as compared to her first concert for the self-titled album — up by almost 1,500 per cent.

Hence, it comes as no surprise that Dua Lipa was able to double her net worth during this period. Interestingly, although the tour was postponed because of the COVID-19 pandemic, she did manage to encash the delayed time by streaming live shows. One of them, called Studio 2054, held on 27 November 2020, garnered over five million views and USD 2.63 million in revenues.

Dua Lipa’s streaming earnings

Dua Lipa net worth - Streaming earnings
Image credit: Dua Lipa/ Instagram

The singer has shown her prowess in all media and forms of music production — be it dropping her two studio albums, a long list of hit singles or going on concert tours. The “Be The One” singer has considerable dominance over streaming platforms as well.

According to Music Industry How To, Lipa earns a fair share from both YouTube and Spotify which contributes to plumping her net worth. She has over 21.7 million subscribers on her YouTube channel and garners about 3.62 million views daily. Hence, if we are to assume that Lipa makes around USD 3 – 7 per 1,000 views, it would translate to a smooth USD 434,400 per month.

Similarly, Lipa attracts over 59 million monthly listeners on Spotify. According to the report, if she makes about USD 3 per 1,000, she would gross about USD 177,209 every month.

 

View this post on Instagram

 

A post shared by SERVICE95 (@service95)

In addition to songs, Dua Lipa also has her podcast on Spotify, Dua Lipa: At Your Service. It is one of the highest-ranked podcasts where she looks into the different aspects of journalism. While the first two seasons saw interviews with the likes of Elton John, Russell Brand, CL, Megan Thee Stallion and Riz Ahmed, Lipa recently announced its third instalment. She also founded a newsletter platform Service95 to give fans insights into her life, cover fashion and lifestyle, and give updates about the podcast.

Dua Lipa’s awards and other collaborations

Dua Lipa net worth - awards and collaborations
Image credit: Dua Lipa/ Instagram

Lipa’s illustrious music career is decorated with several awards. She has bagged three Grammy Awards, six Brit Awards and two Billboard Music Awards, as of 2023. The “IDGAF” singer also has two Guinness World Records — in 2020, for the most tickets sold for a live-streamed concert by a solo female artist and in 2021 for most monthly listeners on Spotify for a female artist in that year.

Lipa has collaborated with several remarkable artists, but her recently noted partnership comes in 2021 with Elton John’s Lockdown Sessions album. The album has 16 songs, including John x Lipa’s “Cold Heart – PNAU” remix. The album also features Charlie Puth, the late Glenn Campbell, Miley Cyrus, Nicki Minaj, Stevie Nicks and Stevie Wonder.

Earnings from Barbie

Dua Lipa net worth - Barbie
Image credit: Dua Lipa/ Instagram

Lipa is all set to make a splash with Greta Gerwig’s Barbie as a mermaid Barbie. Although her earnings from the film are not known, given the other actors are being paid around USD 12.5 million, it is safe to assume Lipa’s paycheck is staggering as well. She has also contributed to the film’s music album and has created the “Dance The Night” song.

As part of her rising acting career, the pop star is also expected to appear in Matthew Vaughn’s 2024 directorial Argylle, starring Henry Cavill, Ariana DeBose, Samuel L Jackson and Bryan Cranston.

Dua Lipa’s brand endorsements

Dua Lipa net worth - brand endorsement
Image credit: Dua Lipa/ Instagram

Luxury brand collaborations form a major part of Dua Lipa’s earnings. In May 2023, she joined Versace’s creative director Donatella Versace to create her first line of womenswear for a high-fashion label. Her creations for the brand’s La Vacanza line exude beach vibes and showcase pink silhouettes, bags, swimwear, mini skirts, tight dresses and more. Metallic shades, shimmers and polka dots make it a vibrant and chic range.

In 2019, the “UN DIA” star became the face of YSL Beauty’s fragrance line. Taking the relationship forward, she starred in the YSL Libre Eau De Parfum campaign. Her bold, unapologetic attitude and youthful feminine energy make Lipa the perfect face of the perfume line.

Besides these, Lipa’s repertoire of brand endorsements includes Jaguar, Puma, Evian, Mugler and Pepe Jeans.

In 2022, Lipa invested in the London-based cosmetic brand Dizziak. The vegan skin and hair care brand was launched in 2018 and marks the singer’s first private equity investment.

 

View this post on Instagram

 

A post shared by DUA LIPA (@dualipa)

With over 88.4 million Instagram followers, there is no doubt, she earns handsomely from such collaborations and Instagram posts which significantly add to her net worth.

Expensive things owned by her

Dua Lipa net worth - expensive things
Image credit: Dua Lipa/ Instagram

With such a whopping net worth, comes a penchant for all things fine and luxe. Dua Lipa’s home in London exudes her plush lifestyle. The mansion features vast open spaces and hedge-lined driveways. Brick and white walls with emerald tiles make up its exterior. Glass sliding doors, quirky designs, luxurious sofas, an aesthetic bathroom with an ivory marble bathtub, a patio and sunbathing spots make it a dream abode.

Dua Lipa’s car portfolio

Her busy schedule demands a fleet of luxury cars at her disposal. A BMW M4, worth about USD 90,000 and a magnificent Audi A6, worth around USD 135,000 are among her prized assets.

Electric cars are also part of her collection, and she owns two Jaguar electric models — Jaguar I-Pace, a sports vehicle worth around USD 80,000 and Jaguar F-Type, which cost approximately USD 100,000. While the former can produce a power of up to 394 horsepower and 512 pound-feet of torque combined from two electric motors, the latter is powered by a 5.0-litre supercharged V8 engine, which can produce 567 horsepower power and 700 NM of torque.

She also reportedly has a mighty Rolls Royce Ghost, a Range Rover Autobiography and a Range Rover Sport.

Love for fashion and beauty

Dua Lipa net worth - fashion
Image credit: Dua Lipa/ Instagram

Besides mega events like the Met Gala, the “Cool” singer also makes heads turn with her casual looks that include wearing baggy trousers and crop tops. However, her clothes do carry heavy price tags.

Other than Chanel and Versace, Lipa’s designer wardrobe has outfits from independent designers as well. She is reportedly fond of the Richard Quinn x Moncler collaboration, whose outfits cost between USD 2,000 and USD 2,700. She also owns trinkets and accessories from Milan-based designer Bea Bongiasca, costing about USD 500 to USD 1,250. On her birthday in 2020, Lipa wore a stunning 28-carat gold tennis bracelet worth USD 138,000.

Wearing such luxury clothes also calls for equally expensive beauty sessions, and her manicures hint at such indulgences. She is a loyal customer of celebrity manicurist Michelle Humphrey and shows her extravagant nail makeovers on Instagram. From gold and diamond studs to Swarovski, they showcase it all.

Charitable endeavours

Despite her global fame, she remains true to her Kosovo roots. In 2018, she donated USD 120,000 to Sun Hill Foundation, which works for the upliftment of poverty-stricken people. The organisation has since expanded with the help of donations from Miley Cyrus and Calvin Harris. Dua and her father Dukagjin launched the annual three-day Sun Hill Festival, and 25 per cent of its ticket sales go towards helping those in need.

(Hero and feature image credit: Dua Lipa/ Instagram)

This story first appeared here

The post Dua Lipa’s Rising Net Worth and the Expensive Things She Owns appeared first on Prestige Online - HongKong.

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Khabib Nurmagomedov’s Net Worth: His Career Earnings, Businesses and Cars https://www.prestigeonline.com/hk/lifestyle/wealth-management/khabib-nurmagomedov-net-worth-cars-business-and-ufc-pay/ Fri, 07 Jul 2023 06:42:40 +0000 https://www.prestigeonline.com/hk/?p=273706

Khabib Nurmagomedov is one of the best mixed martial arts (MMA) fighters of the current generation whose net worth mostly comprises his earnings from the combat sport. A Russian from Dagestan, the 34-year-old Nurmagomedov, who is nicknamed ‘The Eagle,’ has now retired from the sport and spends his time promoting his own fighting tournament and his restaurant franchise.

Nurmagomedov started training at the young age of eight under the guidance of his father, the late Abdulmanap Nurmagomedov, who was himself a former wrestler and MMA coach. His father’s unique training regimen helped young Nurmagomedov quickly adapt to a fighting style that used the best of both agility and brute strength in the ring.

This is why Nurmagomedov was devastating as a grappler and could tie up his opponents in holds from which they could not escape. His mental fortitude helped Nurmagomedov overcome sometimes stronger opponents as well.

Though Nurmagomedov started his professional MMA career in 2008, he is best known for his years in the Ultimate Fighting Championship (UFC) from 2012 until his retirement in 2020.

Khabib Nurmagomedov UFC records

Khabib Nurmagomedov Net Worth
Image credit: khabib nurmagomedov/@TeamKhabib/Twitter

The records that Khabib Nurmagomedov holds in the UFC are outstanding. He competed in the lightweight division and won the title in 2018, successfully defending it till his retirement. Nurmagomedov, therefore, remains undefeated in the UFC since he neither lost nor tied any of the 13 matches he competed in.

But that is not all. What perhaps makes Nurmagomedov one of the greatest combat sports personalities of all time is the fact that he has remained undefeated throughout his entire professional career. He has won all 29 of his MMA encounters in multiple promotions he competed in during his career.

Outside of the MMA, he won the gold medal for Russia twice at the WCSF World Championships, or World Sambo Championships, in consecutive years in 2009 and 2010.

Khabib Nurmagomedov’s net worth: How did the UFC icon make his wealth?

MMA salary and total earnings

Reports suggest that Khabib Nurmagomedov’s net worth is around USD 40 million. Like all MMA fighters, Nurmagomedov has made most of his money from his MMA matches. It is noteworthy that he has earned more as winning bonuses in his career as a UFC star.

MMASalaries, a website which tracks the earnings of MMA fighters, reveals that the total money that the Dagestan-born Russian has earned from his fights comes to around USD 21.7 million.

The site lists all 13 of his UFC matches but none of his other 16 professional MMA encounters, payouts from which, thus, remain unknown. This means that his known salary earnings constitute only the money he has made at UFC, and it is this figure which makes up almost half of his net worth.

Nurmagomedov’s biggest payouts came in his last UFC match, which was with Justin Gaethje at UFC 254 in October 2020. The Russian successfully defended his title in the match, and though there was no winning bonus, he still took home USD 6.87 million on the back of his high base salary of USD 6 million.

He made the same amount in his penultimate UFC match, which was against Dustin Poirier at UFC 242 in September 2019.

Interestingly, Nurmagomedov could have actually earned his career-high income in the match against Irish MMA legend Conor McGregor had he not been fined because of a post-match brawl.

The Khabib Nurmagomedov vs Conor McGregor encounter at UFC 229 on 6 October 2018 was held in Las Vegas, Nevada, US. The fight set the record for the biggest-ever MMA pay-per-view in history, with 2.4 million buys.

The payout that Nurmagomedov received from the high pay-per-view amounted to USD 5.1 million. When added to his USD 2 million base salary and USD 40,000 sponsorship, his total payout came to around USD 7.14 million. But both Nurmagomedov and McGregor were fined after their teams clashed following their match. Nurmagomedov had to shell out USD 500,000 and was left with around USD 6.64 million only.

Nevertheless, Nurmagomedov’s performance indeed helped him earn millions in dollars over the course of his time in the UFC. This is evident from the payout he received in his first UFC match, which was against Kamal Shalorus as part of the UFC on FX: Guillard vs Miller matchup in January 2012. Nurmagomedov’s total payout was USD 36,000, including his base salary of USD 8,000.

Endorsements and businesses

Khabib Nurmagomedov’s net worth greatly benefits from his brand endorsements. Reebok, Toyota and Gorilla Energy are the three main internationally renowned brands that are known to be endorsed by Khabib Nurmagomedov. But terms of all of his deals except for Toyota are unknown, which is why it remains unclear as to how much Nurmagomedov makes from his endorsements.

Reebok is the oldest of the three, having signed the MMA icon in 2015. An MMA Junkie report from the time suggests that it was an “individual sponsorship deal.” By the time of the deal, Nurmagomedov had been out of action for over a year because of injuries since winning his sixth UFC match.

In 2019, Nurmagomedov was unveiled as the brand ambassador of Japanese auto giant Toyota in the Russian market.

 

View this post on Instagram

 

A post shared by Toyota Russia (@toyotarussia)

The Toyota deal and his earnings from the sport helped the MMA fighter make at least USD 16.5 million in the 2019-20 period, as per Forbes, making him Russia’s highest-earning celebrity under the age of 40 at the time.

A year later, he added his third major sponsor, Gorilla Energy, to his bag. Nurmagomedov himself revealed the deal on social media in 2021, calling it the “biggest signing in the history of Russian sports.”

Reports suggest that the 2021 deal was a deeper and longer multi-year agreement between the Cyprus-headquartered energy drinks maker and the fighter since they had originally signed a deal in 2018.

The new deal came a year after the Dagestani native purchased Gorilla Fighting Championship, a Russian MMA promotion based out of Dagestan. Nurmagomedov reportedly paid USD 1 million to Gorilla Energy, which ran the promotion. He renamed it Eagle Fighting Championship (EFC), after his nickname.

Khabib Nurmagomedov
@khabib_nurmagomedov/Instagram

Among other collaborations and endorsements, he is part of are GMT Token, Fitroo and Jacob & Co. All of the announcements happened in 2021.

In October, Nurmagomedov revealed that he has become the ambassador of GMT Token, which is a blockchain-based Bitcoin mining token.

The following month, the MMA star released a special wristwatch as part of his partnership with Jacob & Co. The watch, Epic X Chrono Black Khabib, has a green mineral crystal dial set in a 47mm black DLC grade 5 titanium case affixed to a rubber honeycomb strap.

Khabib Watch
Image credit: @khabib_nurmagomedov/Instagram

The same year, sports nutrition brand Fitroo launched a series of products in partnership with Nurmagomedov under the ‘Fitroo by Khabib’ line.

Fitroo by Khabib
Image credit: @khabib_nurmagomedov/Instagram

His most notable business is his restaurant chain M-Eat by Khabib, which he founded in 2019 in Moscow. He later opened a franchise in Kazakhstan’s capital Almaty.

In June 2023, he announced his intention of bringing the restaurant to multiple locations around the world. A post on his Instagram indicated that he is aiming to open in regions and countries as diverse as eastern Russia, Central Asia, India, the UAE, Europe, the US and South America.

Post-retirement coaching

Khabib Nurmagomedov’s expertise, physical and mental toughness, in-ring alertness, and the fact that he retired as an unbeaten champion has made him one of the most sought-after former athletes as a coach and cornerman.

He had already started guiding younger MMA fighters even before his retirement but focused on coaching only after 2020. He has worked with his head coach Javier Mendez to train fighters at American Kickboxing Academy and has appeared as cornerman to some of his protégés, who compete in the UFC as part of Team Khabib.

Khabib Nurmagomedov UFC net worth
Image credit: @khabib_nurmagomedov/Instagram

But in early January 2023, Russian media reported that he may have moved away from coaching and all forms of MMA.

“He informed me about three weeks out that this is what he was gonna do. He wants to spend time with his family and I’m 100 per cent with him on what he wants to do,” Mendez was quoted as saying after news of Nurmagomedov’s decision started doing the rounds.

The following month, he did not appear as cornerman to his protégé, Islam Makhachev, in the latter’s match against Alexander Volkanovski at UFC 284.

Philanthropic work by Khabib Nurmagomedov

Khabib Nurmagomedov was in the news in 2018 when he travelled to Nigeria in Africa on a charity mission to help people gain access to clean drinking water.

According to RT, MMA journalist Ariel Helwani revealed that Nurmagomedov was in Nigeria to “repair water wells and build new medical centres” for local children.

Helwani also shared an Instagram post in which Nurmagomedov can be heard saying in a video that “These people only need water” while taking stock of a broken handpump in an unnamed Nigerian village. Helwani’s post also had a picture of the MMA star posing with village children.

 

View this post on Instagram

 

A post shared by Ariel Helwani (@arielhelwani)

In September 2019, Nurmagomedov helped raise USD 100,000 for his UFC 242 opponent Dustin Poirier’s charity The Good Fight Foundation.

It was a surprise gesture, which Nurmagomedov revealed to the American immediately after their fight. They were seen exchanging T-shirts, with Nurmagomedov promising Poirier that he will sell the T-shirt and donate the entire amount to the latter’s charity.

“I had no clue he was gonna do that. He raised a lot of money. It was the biggest donation we’ve ever had with the foundation,” Poirier said on Helwani’s MMA Show on ESPN, adding, “Yeah, I believe all from the shirt, I don’t know if he auctioned it off or had someone offer him it.”

Khabib Nurmagomedov’s net worth: His assets

Nothing is known about Khabib Nurmagomedov’s immovable assets like his homes. Some reports suggest that he lives in a simple house in Makhachkala, which is Dagestan’s biggest city.

On the contrary, there is some information about the cars he owns. This is partly because of Nurmagomedov’s friendship with fellow Dagestani Hasbulla Magomedov, who is popularly known as ‘Mini Khabib.’ Hasbulla is a well-known figure on social media. He often showcases luxury cars as well as fast machines on his Instagram. Both Hasbulla and Nurmagomedov are seen travelling in private aircraft and meeting celebrities.

Hasbulla suffers from a medical condition known as Growth Hormone Deficiency (GHD), or dwarfism. As such, he cannot drive. Thus, fans believe that some of the cars he showcases might actually belong to Nurmagomedov.

Lada Priora

An ordinary car produced by Russian automaker AvtoVAZ, Lada Priora is believed to be the first four-wheeler that Nurmagomedov owned after getting his driving licence in Dagestan.

The Priora is an affordable car. A new variant would cost around RUB 500,000 (USD 5,500) in Russia.  Nurmagomedov’s car was an older make, which means that it was even cheaper. A report by The Sun suggests that he sold it to finance his early career in MMA.

Mercedes-Benz cars

Nurmagomedov has owned at least two Mercedes cars — a Mercedes-Benz W124 300E and a Mercedes-Benz AMG-GT.

The W124 300E went out of production in 1997, but The Sun reports that he bought it “when he started making money.” Nevertheless, the car met with an accident, and the MMA star was forced to part with it.

The AMG-GT is altogether a different car. Its most basic model, the four-door coupe, is priced at around USD 92,000 in the US. The more powerful Mercedes-AMG GT Black Series, on the other hand, starts at USD 325,000.

Mercedes AMG GT Black Series
Image credit: Mercedes-AMG

Nurmagomedov received it as a gift from a Dagestani oligarch, Ziyavudin Magomedov, after defeating Darrell Horcher in April 2016 in a UFC match. However, the car was soon involved in a minor accident after Nurmagomedov lent it to a friend in Makhachkala.

Following the accident, Abdulmanap Nurmagomedov said that the car can be repaired.

“It’s okay. The car is repairable. One lamp was broken, the hood and bumper are damaged. Even the glass is not broken. There is no problem,” the senior Nurmagomedov reportedly said.

It is not clear which model of the AMG-GT was ‘The Eagle’ gifted, but The Sun reports it has a V8-twin-turbocharged engine and is worth around USD 175,000.

BMW 6 Series cars

Nurmagomedov is believed to own more than one BMW 6 Series car. But the exact models from the line are not known.

The new BMW 6 Series was launched in 2003 and is still in production. It is one of the best-selling lines from the German auto giant.

A BMW 6 Series Gran Turismo 630i M Sport, one of the finest models in the line, has an acceleration of 0-100 km/h in 6.5 seconds and a top speed of 250 km/h.

Ferrari California

This is one car that Nurmagomedov has been seen driving. The Ferrari California is a sleek sports car designed for speed. It costs anywhere between USD 360,000 to USD 414,000 for the 2020 range of convertible models and is another impressive indicator of Khabib Nurmagomedov’s net worth.

It is not clear which Ferrari California model Nurmagomedov has, but Ferrari California T, the latest in the line, is powered by a 3855 V8 engine. It can attain a top speed of 315 km/h and has an acceleration of 0-100 km/h in just 3.6 seconds.

Ferrari Khabib Nurmagomedov
Image credit: Ferrari

Toyota Land Cruiser J200

Since Nurmagomedov is a Toyota ambassador, in all probabilities, he would have a Toyota car in his garage. The one he has is the Land Cruiser J200, which comes at a starting price of around USD 87,000 for the 2021 model.

The Toyota Land Cruiser J200 is an SUV, which is part of the company’s long-running Land Cruiser marquee. It has remained one of the best-known machines of its type from 2007 to 2021.

The 2021 model comes with 4.5-litre twin-turbo diesel V8 engines, and the base variant is priced at USD 92,000. The Toyota Land Cruiser line is known for its ruggedness, so much so that several military and paramilitary forces use older series models in conflict zones.

(Hero and Featured images: khabib nurmagomedov/@TeamKhabib/Twitter)

This story first appeared here

The post Khabib Nurmagomedov’s Net Worth: His Career Earnings, Businesses and Cars appeared first on Prestige Online - HongKong.

]]>

Khabib Nurmagomedov is one of the best mixed martial arts (MMA) fighters of the current generation whose net worth mostly comprises his earnings from the combat sport. A Russian from Dagestan, the 34-year-old Nurmagomedov, who is nicknamed ‘The Eagle,’ has now retired from the sport and spends his time promoting his own fighting tournament and his restaurant franchise.

Nurmagomedov started training at the young age of eight under the guidance of his father, the late Abdulmanap Nurmagomedov, who was himself a former wrestler and MMA coach. His father’s unique training regimen helped young Nurmagomedov quickly adapt to a fighting style that used the best of both agility and brute strength in the ring.

This is why Nurmagomedov was devastating as a grappler and could tie up his opponents in holds from which they could not escape. His mental fortitude helped Nurmagomedov overcome sometimes stronger opponents as well.

Though Nurmagomedov started his professional MMA career in 2008, he is best known for his years in the Ultimate Fighting Championship (UFC) from 2012 until his retirement in 2020.

Khabib Nurmagomedov UFC records

Khabib Nurmagomedov Net Worth
Image credit: khabib nurmagomedov/@TeamKhabib/Twitter

The records that Khabib Nurmagomedov holds in the UFC are outstanding. He competed in the lightweight division and won the title in 2018, successfully defending it till his retirement. Nurmagomedov, therefore, remains undefeated in the UFC since he neither lost nor tied any of the 13 matches he competed in.

But that is not all. What perhaps makes Nurmagomedov one of the greatest combat sports personalities of all time is the fact that he has remained undefeated throughout his entire professional career. He has won all 29 of his MMA encounters in multiple promotions he competed in during his career.

Outside of the MMA, he won the gold medal for Russia twice at the WCSF World Championships, or World Sambo Championships, in consecutive years in 2009 and 2010.

Khabib Nurmagomedov’s net worth: How did the UFC icon make his wealth?

MMA salary and total earnings

Reports suggest that Khabib Nurmagomedov’s net worth is around USD 40 million. Like all MMA fighters, Nurmagomedov has made most of his money from his MMA matches. It is noteworthy that he has earned more as winning bonuses in his career as a UFC star.

MMASalaries, a website which tracks the earnings of MMA fighters, reveals that the total money that the Dagestan-born Russian has earned from his fights comes to around USD 21.7 million.

The site lists all 13 of his UFC matches but none of his other 16 professional MMA encounters, payouts from which, thus, remain unknown. This means that his known salary earnings constitute only the money he has made at UFC, and it is this figure which makes up almost half of his net worth.

Nurmagomedov’s biggest payouts came in his last UFC match, which was with Justin Gaethje at UFC 254 in October 2020. The Russian successfully defended his title in the match, and though there was no winning bonus, he still took home USD 6.87 million on the back of his high base salary of USD 6 million.

He made the same amount in his penultimate UFC match, which was against Dustin Poirier at UFC 242 in September 2019.

Interestingly, Nurmagomedov could have actually earned his career-high income in the match against Irish MMA legend Conor McGregor had he not been fined because of a post-match brawl.

The Khabib Nurmagomedov vs Conor McGregor encounter at UFC 229 on 6 October 2018 was held in Las Vegas, Nevada, US. The fight set the record for the biggest-ever MMA pay-per-view in history, with 2.4 million buys.

The payout that Nurmagomedov received from the high pay-per-view amounted to USD 5.1 million. When added to his USD 2 million base salary and USD 40,000 sponsorship, his total payout came to around USD 7.14 million. But both Nurmagomedov and McGregor were fined after their teams clashed following their match. Nurmagomedov had to shell out USD 500,000 and was left with around USD 6.64 million only.

Nevertheless, Nurmagomedov’s performance indeed helped him earn millions in dollars over the course of his time in the UFC. This is evident from the payout he received in his first UFC match, which was against Kamal Shalorus as part of the UFC on FX: Guillard vs Miller matchup in January 2012. Nurmagomedov’s total payout was USD 36,000, including his base salary of USD 8,000.

Endorsements and businesses

Khabib Nurmagomedov’s net worth greatly benefits from his brand endorsements. Reebok, Toyota and Gorilla Energy are the three main internationally renowned brands that are known to be endorsed by Khabib Nurmagomedov. But terms of all of his deals except for Toyota are unknown, which is why it remains unclear as to how much Nurmagomedov makes from his endorsements.

Reebok is the oldest of the three, having signed the MMA icon in 2015. An MMA Junkie report from the time suggests that it was an “individual sponsorship deal.” By the time of the deal, Nurmagomedov had been out of action for over a year because of injuries since winning his sixth UFC match.

In 2019, Nurmagomedov was unveiled as the brand ambassador of Japanese auto giant Toyota in the Russian market.

 

View this post on Instagram

 

A post shared by Toyota Russia (@toyotarussia)

The Toyota deal and his earnings from the sport helped the MMA fighter make at least USD 16.5 million in the 2019-20 period, as per Forbes, making him Russia’s highest-earning celebrity under the age of 40 at the time.

A year later, he added his third major sponsor, Gorilla Energy, to his bag. Nurmagomedov himself revealed the deal on social media in 2021, calling it the “biggest signing in the history of Russian sports.”

Reports suggest that the 2021 deal was a deeper and longer multi-year agreement between the Cyprus-headquartered energy drinks maker and the fighter since they had originally signed a deal in 2018.

The new deal came a year after the Dagestani native purchased Gorilla Fighting Championship, a Russian MMA promotion based out of Dagestan. Nurmagomedov reportedly paid USD 1 million to Gorilla Energy, which ran the promotion. He renamed it Eagle Fighting Championship (EFC), after his nickname.

Khabib Nurmagomedov
@khabib_nurmagomedov/Instagram

Among other collaborations and endorsements, he is part of are GMT Token, Fitroo and Jacob & Co. All of the announcements happened in 2021.

In October, Nurmagomedov revealed that he has become the ambassador of GMT Token, which is a blockchain-based Bitcoin mining token.

The following month, the MMA star released a special wristwatch as part of his partnership with Jacob & Co. The watch, Epic X Chrono Black Khabib, has a green mineral crystal dial set in a 47mm black DLC grade 5 titanium case affixed to a rubber honeycomb strap.

Khabib Watch
Image credit: @khabib_nurmagomedov/Instagram

The same year, sports nutrition brand Fitroo launched a series of products in partnership with Nurmagomedov under the ‘Fitroo by Khabib’ line.

Fitroo by Khabib
Image credit: @khabib_nurmagomedov/Instagram

His most notable business is his restaurant chain M-Eat by Khabib, which he founded in 2019 in Moscow. He later opened a franchise in Kazakhstan’s capital Almaty.

In June 2023, he announced his intention of bringing the restaurant to multiple locations around the world. A post on his Instagram indicated that he is aiming to open in regions and countries as diverse as eastern Russia, Central Asia, India, the UAE, Europe, the US and South America.

Post-retirement coaching

Khabib Nurmagomedov’s expertise, physical and mental toughness, in-ring alertness, and the fact that he retired as an unbeaten champion has made him one of the most sought-after former athletes as a coach and cornerman.

He had already started guiding younger MMA fighters even before his retirement but focused on coaching only after 2020. He has worked with his head coach Javier Mendez to train fighters at American Kickboxing Academy and has appeared as cornerman to some of his protégés, who compete in the UFC as part of Team Khabib.

Khabib Nurmagomedov UFC net worth
Image credit: @khabib_nurmagomedov/Instagram

But in early January 2023, Russian media reported that he may have moved away from coaching and all forms of MMA.

“He informed me about three weeks out that this is what he was gonna do. He wants to spend time with his family and I’m 100 per cent with him on what he wants to do,” Mendez was quoted as saying after news of Nurmagomedov’s decision started doing the rounds.

The following month, he did not appear as cornerman to his protégé, Islam Makhachev, in the latter’s match against Alexander Volkanovski at UFC 284.

Philanthropic work by Khabib Nurmagomedov

Khabib Nurmagomedov was in the news in 2018 when he travelled to Nigeria in Africa on a charity mission to help people gain access to clean drinking water.

According to RT, MMA journalist Ariel Helwani revealed that Nurmagomedov was in Nigeria to “repair water wells and build new medical centres” for local children.

Helwani also shared an Instagram post in which Nurmagomedov can be heard saying in a video that “These people only need water” while taking stock of a broken handpump in an unnamed Nigerian village. Helwani’s post also had a picture of the MMA star posing with village children.

 

View this post on Instagram

 

A post shared by Ariel Helwani (@arielhelwani)

In September 2019, Nurmagomedov helped raise USD 100,000 for his UFC 242 opponent Dustin Poirier’s charity The Good Fight Foundation.

It was a surprise gesture, which Nurmagomedov revealed to the American immediately after their fight. They were seen exchanging T-shirts, with Nurmagomedov promising Poirier that he will sell the T-shirt and donate the entire amount to the latter’s charity.

“I had no clue he was gonna do that. He raised a lot of money. It was the biggest donation we’ve ever had with the foundation,” Poirier said on Helwani’s MMA Show on ESPN, adding, “Yeah, I believe all from the shirt, I don’t know if he auctioned it off or had someone offer him it.”

Khabib Nurmagomedov’s net worth: His assets

Nothing is known about Khabib Nurmagomedov’s immovable assets like his homes. Some reports suggest that he lives in a simple house in Makhachkala, which is Dagestan’s biggest city.

On the contrary, there is some information about the cars he owns. This is partly because of Nurmagomedov’s friendship with fellow Dagestani Hasbulla Magomedov, who is popularly known as ‘Mini Khabib.’ Hasbulla is a well-known figure on social media. He often showcases luxury cars as well as fast machines on his Instagram. Both Hasbulla and Nurmagomedov are seen travelling in private aircraft and meeting celebrities.

Hasbulla suffers from a medical condition known as Growth Hormone Deficiency (GHD), or dwarfism. As such, he cannot drive. Thus, fans believe that some of the cars he showcases might actually belong to Nurmagomedov.

Lada Priora

An ordinary car produced by Russian automaker AvtoVAZ, Lada Priora is believed to be the first four-wheeler that Nurmagomedov owned after getting his driving licence in Dagestan.

The Priora is an affordable car. A new variant would cost around RUB 500,000 (USD 5,500) in Russia.  Nurmagomedov’s car was an older make, which means that it was even cheaper. A report by The Sun suggests that he sold it to finance his early career in MMA.

Mercedes-Benz cars

Nurmagomedov has owned at least two Mercedes cars — a Mercedes-Benz W124 300E and a Mercedes-Benz AMG-GT.

The W124 300E went out of production in 1997, but The Sun reports that he bought it “when he started making money.” Nevertheless, the car met with an accident, and the MMA star was forced to part with it.

The AMG-GT is altogether a different car. Its most basic model, the four-door coupe, is priced at around USD 92,000 in the US. The more powerful Mercedes-AMG GT Black Series, on the other hand, starts at USD 325,000.

Mercedes AMG GT Black Series
Image credit: Mercedes-AMG

Nurmagomedov received it as a gift from a Dagestani oligarch, Ziyavudin Magomedov, after defeating Darrell Horcher in April 2016 in a UFC match. However, the car was soon involved in a minor accident after Nurmagomedov lent it to a friend in Makhachkala.

Following the accident, Abdulmanap Nurmagomedov said that the car can be repaired.

“It’s okay. The car is repairable. One lamp was broken, the hood and bumper are damaged. Even the glass is not broken. There is no problem,” the senior Nurmagomedov reportedly said.

It is not clear which model of the AMG-GT was ‘The Eagle’ gifted, but The Sun reports it has a V8-twin-turbocharged engine and is worth around USD 175,000.

BMW 6 Series cars

Nurmagomedov is believed to own more than one BMW 6 Series car. But the exact models from the line are not known.

The new BMW 6 Series was launched in 2003 and is still in production. It is one of the best-selling lines from the German auto giant.

A BMW 6 Series Gran Turismo 630i M Sport, one of the finest models in the line, has an acceleration of 0-100 km/h in 6.5 seconds and a top speed of 250 km/h.

Ferrari California

This is one car that Nurmagomedov has been seen driving. The Ferrari California is a sleek sports car designed for speed. It costs anywhere between USD 360,000 to USD 414,000 for the 2020 range of convertible models and is another impressive indicator of Khabib Nurmagomedov’s net worth.

It is not clear which Ferrari California model Nurmagomedov has, but Ferrari California T, the latest in the line, is powered by a 3855 V8 engine. It can attain a top speed of 315 km/h and has an acceleration of 0-100 km/h in just 3.6 seconds.

Ferrari Khabib Nurmagomedov
Image credit: Ferrari

Toyota Land Cruiser J200

Since Nurmagomedov is a Toyota ambassador, in all probabilities, he would have a Toyota car in his garage. The one he has is the Land Cruiser J200, which comes at a starting price of around USD 87,000 for the 2021 model.

The Toyota Land Cruiser J200 is an SUV, which is part of the company’s long-running Land Cruiser marquee. It has remained one of the best-known machines of its type from 2007 to 2021.

The 2021 model comes with 4.5-litre twin-turbo diesel V8 engines, and the base variant is priced at USD 92,000. The Toyota Land Cruiser line is known for its ruggedness, so much so that several military and paramilitary forces use older series models in conflict zones.

(Hero and Featured images: khabib nurmagomedov/@TeamKhabib/Twitter)

This story first appeared here

The post Khabib Nurmagomedov’s Net Worth: His Career Earnings, Businesses and Cars appeared first on Prestige Online - HongKong.

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