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1.31.2012

The Celebrity Economy

Nymag has a great series of analyses on "The Celebrity Economy." It's a combination of my two favorite things: statistics and pop culture. My favorite is on the cost of celebrities' kids:

Expenses:
$70K–$130KFor each nanny­­—many stars double up. They pay more for English accents and graduate degrees. And discretion will cost you, too.
$95KTutor for Gwyneth Paltrow and Chris Martin’s 5-year-old in Latin, Greek, sailing, and philosophy.
$600KPart of the pampering arms race: a solid-gold rocking horse for BeyoncĂ© and Jay-Z’s Blue Ivy.
$100KAnnual cost of a 6-year-old’s stylist. After all, the kid’s look complements the star’s.
Gains:
$11M
For baby pictures (if you’re Brad and Angelina, anyway).
$8M
The net worth of child star Jaden Smith. Shouldn’t a celebrity’s kid learn to foot some bills?

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2 comments:

  1. How did Jaden Smith make any money? That little fucker should be fined billions for ruining The Karate Kid. Ok, to be fair Hillary Swank ruined it first, but still..

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  2. To be fair, Ralph Machio should also take some blame, and I think there might be a little left over in my "blame bag" for Pat Morita for sticking around to do a third film.

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