The Last Jedi grossed a staggering $450 million at the worldwide box office its opening weekend, but George Lucas won’t be cashing in—he sold Lucasfilm to Disney in 2012 for $4.1 billion in cash and stock after decades of lofty annual hauls from the Star Wars franchise he created. Yet the force is still strong with his bank account: Lucas’ fortune now stands at $5.5 billion, making him America’s wealthiest celebrity.
Billion-dollar exits and money-spewing assets are part of the territory in the upper reaches of our list. Steven Spielberg (No. 2, $3.6 billion) has been a director for half a century, but saved one of his biggest highlights for last year with the $3.8 billion sale of DreamWorks Animation, the studio he cofounded. Oprah Winfrey (No. 3, $2.8 billion) continues to build her fortune through the OWN network but banked the bulk of her bucks from her years as a talk show host.
“What I learned in all of those thousands of interviews is that there is a common denominator in our human experience,” she once told FORBES. “Everybody wants to know: ‘Did you hear me, and did what I say matter?'”
All in all, America’s 10 wealthiest celebrities boast a combined fortune of $18 billion, up 7.8% from last year’s $16.7 billion. To compile our list, we looked at each candidate’s entire empire. We valued private company stakes by speaking with an array of experts and by considering public competitors; for publicly-traded companies, we used stock prices as of December 15, 2017.
For entertainers without private companies, we based our estimates on net lifetime earnings after taxes. Real estate, art and other assets were also factored in where applicable. Eligibility was limited to American citizens who’ve gotten rich off their fame, rather than become famous for their wealth (sorry, Donald Trump).
This list includes a much more diverse range of names than other wealth rankings like our flagship Forbes 400: though just one of America’s 10 wealthiest celebrities is a woman, six of the figures are people of color. The list members’ areas of expertise range from Hollywood to sports to magic, and all have found ways of monetizing their respective corners of the entertainment business.
Michael Jordan (No. 4, $1.4 billion) earned $94 million on the court during his career, but has made $1.4 billion elsewhere, most notably Nike, which generates some $3 billion annually from his Jordan brand; the superstar’s 90% stake in the Charlotte Hornets has grown fourfold in value since 2010. David Copperfield rounds out the top five with a fortune of $875 million, accumulated by playing upwards of 600 shows in Las Vegas annually; his collection of more than 650,000 magical artifacts is the world’s largest.
Hip-hop is especially well-represented thanks to Diddy (No. 6, $820 million), Jay-Z (No. 7, $810 million) and Dr. Dre ($740 million), all of whom are among the youngest names on the list. Though all three got their start as artists, their empires now revolve around non-musical ventures like Diddy’s Revolt cable channel, Jay-Z’s Armand de Brignac champagne and Dr. Dre’s Beats headphones, sold to Apple for $3 billion in 2014 (for more, check out my upcoming book, 3 Kings).
“They said we couldn’t start businesses outside of hip-hop,” Kendrick Lamar told FORBES earlier this year. “These are the three individuals that showed us [how].”
The 10 Richest Celebrities In America
- George Lucas ($5.5 billion)
- Steven Spielberg ($3.6 billion)
- Oprah Winfrey ($2.8 billion)
- Michael Jordan ($1.4 billion)
- David Copperfield ($875 million)
- Diddy ($820 million)
- Jay-Z ($810 million)
- Tiger Woods ($750 million)
- Dr. Dre ($740 million)
- James Patterson ($730 million)
– Written by ,
HUGO BOSS Partners With Porsche To Bring Action-Packed Racing Experience Through Formula E
Brought to you by Hugo Boss
HUGO BOSS and Porsche have partnered to bring an action-packed racing experience to the streets of the world’s major cities through Formula E.
Formula E is known for its fascinating races globally. The partnership will have a strong focus on the future of motorsport. In doing so the races will host a unique series for the development of electric vehicle technology, refining the design, functionality and sustainability of electric cars while creating an exciting global entertainment brand.
HUGO BOSS which boasts a long tradition of motorsports sponsorship – has been successfully engaged in the electric-powered racing series since the end of 2017.
In this collaboration, HUGO BOSS brings its 35 years of experience and expertise in the motorsport arena to Formula E, as well as the dynamic style the fashion brand is renowned for.
Mark Langer HUGO BOSS, Chief Executive Officer (CEO) says that though they have been working successfully with motorsports over the years, he is exceptionally pleased that as a fashion brand they are taking the cooperation to new heights.
“As a fashion brand, we are always looking at innovative approaches to design and sustainability. When we first encountered Formula E, we immediately saw its potential and we are pleased to be the first apparel partner to support this exciting new motorsport series,” he says.
The fashion group is also the official outfitter to the entire Porsche motorsports team worldwide.
The fascination with perfect design and innovation, along with the Porshe and Hugo Boss shared passion for racing, inspired Hugo Boss to produce the Porsche x Boss capsule collection.
Its standout features include premium leather and wool materials presented in the Porsche and HUGO BOSS colors of silver, black and red.
Since March, a range of menswear styles from the debut capsule collection is available online and at selected BOSS stores. In South Africa the first pieces of the capsule will come as a part of the FW 19 collection.
Alejandro Agag, Founder and CEO of Formula E says he is confident that the racers will put their best foot forward on the racecourse.
“This new partnership will see the team on the ground at each race dressed with a winning mindset and ready to deliver a spectacular event in cities across the world. As the first Official Apparel Partner of the series, we look forward to seeing the dynamic style and innovation on show that BOSS is renowned for,” says Agag.
Oliver Blume CEO of Porsche AG says Formula E is an exceptionally attractive racing series for motorsport vehicles to develop.
“It offers us the perfect environment to strategically evolve our vehicles in terms of efficiency and sustainability. We’re looking forward to being on board in the 2019/2020 season. In this context, the renowned fashion group HUGO BOSS represents the perfect partner to outfit our team.”
Taking A Bite Out Of Africa
Subscribe to Forbes
Why The High Number Of Employees Quitting Reveals A Strong Job Market
No Seat At The Global Table For Indigenous African Cuisine
Xenophobia: Time For Cool Heads To Prevail In Nigeria And South Africa
The Laws Of Impactful Banking
Side Hustles: The Entrepreneur Employees
Arts4 weeks ago
Trevor Noah Is Laughing All The Way To The Bank
Cover Story4 weeks ago
Pioneer For Women In Construction Thandi Ndlovu has died
Travel4 weeks ago
Executive Travel: Reneilwe Letsholonyane’s Manchester
Cover Story2 weeks ago
Mastercard: Diligent About Digital In Africa
Technology3 weeks ago
Africa Takes Quantum Leap In Computing
Brand Voice3 weeks ago
How The Cradle Of Mankind Is Fearlessly Leading By Example
Arts4 weeks ago
Mr Eazi On A Global Campaign To Mentor And Fund African Artists
Arts4 weeks ago
The Highest-Paid Actors 2019: Dwayne Johnson, Bradley Cooper And Chris Hemsworth