Celebs & Money
The Net Worth of 'Linsanity': Businesses Look to Score Profits from Lin Mania
Filed under: Celebs & Money
By Ross Kenneth UrkenWith Jeremy Lin's standout performances bringing a sudden shine to the otherwise lackluster New York Knicks, a number of companies have hitched their wagons to his star to buff up their brands. And with the financial gains of such an association easy to see, why wouldn't they?
Over the seven-game winning streak that gave birth to Linsanity -- from Feb. 4 until the Knicks lost to the New Orleans Hornets on Feb. 17 -- stock in team owner MSG Inc. (MSG) reached a high of $33.49, up 12%. According to USA Today, MSG Network has seen ratings increase by 70% since the beginning of the Lin phenomenon. Ratings for the Knicks-Hornets game were 130% higher than for the same game last year -- and ratings drive advertising revenue. According to TiqIQ.com, the average ticket price for a Knicks game on the secondary market catapulted up 33%, from $229 to $304.
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Career Lessons Learned from Five Oscar-Nominated Films
Filed under: Celebs & Money, Employment & Careers, Entrepreneurship, Health, Weird & Wonderful
Whether we acknowledge it or not, many parts of our lives are influenced by Hollywood, including what we wear, what we say and where we travel.But dig a bit deeper and the movies can offer us some more substantial insights, including work and career lessons. With the Oscar's upon us (February 26th), here are some tips from a few of this year's contenders on how to make your work life more meaningful.
Click on the image below for Oscar-worthy career lessons:
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The Artist, directed by Michel Hazanavicius
Nominated for: Best Picture, Best Director and Best Original Screenplay (among others)
Plot synopsis: This black and white film follows french actor Jean Dujardin (nominated for Best Actor) as Hollywood silent picture star George Valentin who resists moving into the era of the talkies and endures hardship as a result.
Lesson Learned: There are second acts. If you're not finding fulfillment in your current role, leverage your strongest skills and pursue a job that might suit you better. It may take re-training and will likely be humbling but will be well worth it. (SPOILER ALERT!) It took great inner courage (and a deflated ego) for Valentin to accept he had to change with the times, but when he did he found a new niche built on his old skills.
From the Red Carpet to the Water Cooler: Your Style at Work
Filed under: Celebs & Money, Budgeting & Planning, Employment & Careers, Economizer, Saving, Sex Sells , Shopping, Weird & Wonderful
You are what you wear, the old saying goes. While, of course, that's not exactly true, how you dress conveys an important message about yourself. That message is particularly important at work where not it's not just your memos and your bright ideas that are being judged. With the Grammy's behind us and the Oscar's almost here (February 26th), it's a perfect opportunity to appreciate the important role style plays in conveying one's brand. As hard as it may be to believe, the red carpet is actually the celebrity's workplace and they don't spend tens of thousands of dollars on stylists and designers for nothing. Here are some celebrity examples of how style can reinforce one's personal and professional brand.
To view the gallery, click on the pictures below. Story continues below.
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Lady Gaga -- Confident
You know you're great -- maybe even better than all of your colleagues combined. Take some cues from Lady Gaga and you'll be booking squash courts with the boss in no time (where you'll crush her or him). Always daring, at the Grammy's Lady Gaga wore a custom Chanel ensemble, her face covered in fishnet. Although not many jobs call for fishnet, you could add some splash to your wardrobe by donning tights with interesting detail or a bright hooded scarf for on your way to work which at the office could then be worn around your neck. Don't go too far though lest you be known as the office weirdo.
Where to get the look for less: Betsey Johnson often has great deals (check the sales rack) on unique pieces you could get away with at the office. Also, the sales racks at Holt Renfrew are full of shirts, skirts and scarves only a diva could wear. (Be sure it fits in with your office "code" though and isn't something you'll only wear in the change room).
To view the gallery, click on the pictures below. Story continues below.
%Gallery-148136%
Lady Gaga -- Confident
You know you're great -- maybe even better than all of your colleagues combined. Take some cues from Lady Gaga and you'll be booking squash courts with the boss in no time (where you'll crush her or him). Always daring, at the Grammy's Lady Gaga wore a custom Chanel ensemble, her face covered in fishnet. Although not many jobs call for fishnet, you could add some splash to your wardrobe by donning tights with interesting detail or a bright hooded scarf for on your way to work which at the office could then be worn around your neck. Don't go too far though lest you be known as the office weirdo.
Where to get the look for less: Betsey Johnson often has great deals (check the sales rack) on unique pieces you could get away with at the office. Also, the sales racks at Holt Renfrew are full of shirts, skirts and scarves only a diva could wear. (Be sure it fits in with your office "code" though and isn't something you'll only wear in the change room).
Broke Stars: 11 Celebrities Who Went Bankrupt
Filed under: Celebs & Money, Budgeting & Planning, Debt
By Eamon Murphy, Daily FinanceCelebrities routinely make vast amounts of money, but a certain subset of stars is practically defined by their inability (for whatever reasons) to live within those enormous means.
The latest famous person to join the ranks of the officially insolvent is Gary Busey, who filed for Chapter 7 bankruptcy last week.
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In Whitney Houston We Trust
Filed under: Celebs & Money, Budgeting & Planning, Taxes
Eighteen-year-old Bobbi Kristina Brown's troubled life took a turn for the worst last Saturday when her mother, Whitney Houston, died tragically in a Beverly Hills hotel room. With her dear and talented mother gone, let's hope that a trust fund was left behind as part of the songstress' legacy.
Some people might automatically assume that Bobbi Kristina will be a trust fund baby because of the wealth of both her famous parents. To date it's hard to put a figure on Whitney Houston's financial worth, however, at one point she sold over 200,000 million albums and singles. For a time she was one of America's wealthiest women, in fact, she was listed third, just after Oprah Winfrey and Barbara Streisand. That's no surprise considering the extraordinary singer had signed a $100 million record deal in 2001. Alas, that was a long time ago.
In the Wake of Whitney: The Literal Cost of Drug Addiction
Filed under: Buyer Beware, Celebs & Money, Debt, Family Finances, Health, Insurance
Anna Nicole Smith, Heath Ledger, Michael Jackson, Jeff Conaway, Greg Giraldo, Mike Starr, Amy Winehouse and now, Whitney Houston and that's just a partial list of the celebrities taken by drugs in the last couple of years. It doesn't even cover all the famous people who died of a drug overdose over the course of time or those who are still struggling with addiction and dying in silence without the attention of the 24 hour news cycle.Thanks to shows like Intervention, the emotional, relational and physical costs of drug addiction have been well established, but removing all that from the equation, still leaves the financial cost. So, how much money does it really cost to support a drug addiction, especially if you never made "Whitney Money?"
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Facebook: An Insider Shares Mark Zuckerberg's 6 Secrets for Success
Filed under: Celebs & Money, Employment & Careers, Entrepreneurship, Technology, New Year New Start
Facebook's initial public offering has focused yet another spotlight on the social networking site and on Mark Zuckerberg, its iconic leader. But beyond the hoopla surrounding the IPO, there's another, quieter story to be found in the wunderkind CEO: The lessons about life, personal finance and career that can be gleaned from his choices.
David Kirkpatrick, author of The Facebook Effect: The Inside Story of the Company That is Connecting the World -- the only book about the site written with Zuckerberg's full cooperation -- offers an insider's view of what we can learn from the 27-year-old billionaire, while challenging some of the conventional
wisdom on the inscrutable entrepreneur.Here, according to Kirkpatrick, are the key ingredients in Zuckerberg's recipe for success.
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Nicki Minaj's Crazy Backstage Must-Haves
Filed under: Celebs & Money, Weird & Wonderful
Celebrity riders are lists of demands and items performers insist are provided backstage before every concert. Make sure it's all there, or the contract could be voided and the venue ends up paying the musician anyway.Rapper Nicki Minaj, who just recently joined Madonna for the Super Bowl Halftime Show, is currently on tour, and her rider is a whopper.
So what's on her list, anyway?
A few interesting items include:
- 3 packs of gum in 3 different flavors
- One gallon of Simply Lemonade
- 12 cans of Red Bull (6 room temp, 6 iced)
- 3 twelve piece buckets of fried chicken spicy - no thighs, lots of wings
- contact lens case and solution
Read Nicki's complete list of demands at The Daily Mail. And click through our gallery below for the most egregious examples of celebrity riders we could find.
Money-Saving Tips for Winter Hair and Skin Care
Filed under: Celebs & Money, Health, Saving, New Year New Start
You don't have to go broke to be beautiful.True, caring for your hair and skin in the winter can be a challenge, and you'll probably spend more money on beauty essentials during the colder months.
Very often hair of all types becomes frizzy, dull, and unruly. Exposure to extreme temperatures is the culprit. Moreover, heat from blow dryers, flat irons and curlers don't help either. So what can you do about it?
First, don't go on a spending spree winter-proofing your beauty routine.
The truth is expensive hair care products are not always better for the health of your hair. In fact, there's no reason to spend more than eight dollars on hair care products. Nevertheless, your stylist may tell you that the drugstore brands are inferior. The next time you're in the beauty aisle, pick up a high-end brand and a cheaper brand, and compare the ingredient list.
Notice that the list is similar? The price won't tell you the value of the product on your hair. The truth is both expensive and inexpensive hair care products have more in common than you think. What's the difference? Price. Do you want to know more money-saving tips for beating the winter hair and skin care blues? Here are some great tips!
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World's Top Tax Havens
Filed under: Celebs & Money, Investing, Taxes
The Mitt Romneys of the world not only pay less tax than the rest of us, (he paid about 17% on his millions according to reports this week), but their savvy extends to tax havens where they can save even more. Tax-free zones from the Caymans to lesser known spots like the Cook Islands, attract wealthy individuals like bees to honey.
Click on the photo below to find out where the 'one percenters' salt it all away.
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