How is Celebrity Net Worth Calculated? Who is The Richest Celebrity?

Ways to calculate a celebrity net worthNet worth of celebrity

In simple term, net worth is defined as the difference between assets and liabilities. It gives us the result of what an entity is worth. For a company, the value of the company is its net worth. But for an individual, the property they own minus their liabilities is their net worth. And celebrity net worth means the net value of the celebrity. Many people want to know which celebrity has the highest net worth in the Hollywood?

Well, George Lucas with a Net worth of $5.1 billion is the richest celebrity in the Hollywood.

There are different ways of calculating the net value. As mentioned above if you deduct all your debts and liabilities from the property you own then you will get your net worth. But for celebrities, they are rich and own plus owe a lot, so here are some tips on how to calculate a celebrity’s Net worth:

Earnings and Salary

The most significant part in a celebrity’s net worth is their salary and earnings. How much does a star earn? What is their salary? Well, if they make more, then they apparently have a high net worth and vice versa. Like for example, Karlie Redd’s net worth is estimated to be $1 million because she earns $50,000 per season from “Love & Hip Hop: Atlanta.” And since she has been there for quite some time now, we can assume that her net worth is $1 million.

calculate net worth of celebrity
The earning and salary of a celebrity is the most significant agent in determining their net worth. Photo Source: Icollector.

The earnings of a musician from the sales of their records, concert tickets is also a good factor which helps in determining a celebrity’s net worth.

Assets

After earnings and salary, a celebrity’s assets is another essential part to calculate their net worth. Assets include all the physical property a celebrity owns. Here are some examples of celebrity’s assets:

Celebrity Mansions
Mansions owned by Celebrities is also an important factor in determining their net worth. Image Source: Homes of the Rich.

Home

Homes include the big mansions, real estates that a celebrity owns. Many stars have got big luxurious houses and villas in exotic places. Since the market value of their property fluctuates, that also bring change in a celebrity’s net worth.

Automobiles and Jewelry

As we all know many celebrities love to travel in luxury cars and other media of transportation. They also own private jets, massive yachts and many more. Like Leon “RoccStar” Youngblood Jr. owns a Ferrari, Rolls Royce, and a Lamborghini and we all know how expensive those cars are. The value of a celebrity’s cars also contributes to their net worth.

Calculate celebrity net worth
The luxurious cars owned by a celebrity also helps us to determine how rich a celebrity is. Photo Source: Auto Express.

Jewelry, ornaments and other expensive stuff that celebrities love to wear and helps to determine their net worth. As Cardi B wore $4 million worth of jewelry on her return to VMAs, that gives us a clear picture of how rich she is.

calculate the Celebrity's net worth
Celebrity’s expensive jewelry also helps us to calculate their net worth. Image Source: Gauk Artifact.

There are other many more factors which help to calculate the net worth of a celebrity. Or you can directly go to Bank Rate and enter your details and know your net worth.

For more News and heavy Entertainment follow eCelebrityMirror.





Leave a Reply

Your email address will not be published.






DMCA.com Protection Status Write for Us | About Us | Contact Us

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2017-2018 Free Articles by ecelebritymirror.com, All rights reserved.