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America’s Wealthiest Celebrities 2017: The Top 10 By Net Worth

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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?'”

READ MORE: Oprah Keeping The Promise Made To Mandela

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.

READ MORE: The 25 Highest-Paid Athletes Of All Time

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

  1. George Lucas ($5.5 billion)
  2. Steven Spielberg ($3.6 billion)
  3. Oprah Winfrey ($2.8 billion)
  4. Michael Jordan ($1.4 billion)
  5. David Copperfield ($875 million)
  6. Diddy ($820 million)
  7. Jay-Z ($810 million)
  8. Tiger Woods ($750 million)
  9. Dr. Dre ($740 million)
  10. James Patterson ($730 million)

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Conscious Fashion: ‘So Much More You Can Do With Discarded Clothes’

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Fashion is about creating beauty, but its ugly side is the carbon emissions. Designers are now looking to play it safe, even if it means going to dangerous lengths for the sake of greener fashion.


In South Africa, the fashion industry is now starting to do its bit to negate the effects of climate change, with some designers going green, in interesting, creative and even lucrative ways.

Ayanda Nhlapo, a stylist and entrepreneur, is one of them.

She hosted and co-produced her own TV fashion show, Ayanda’s Fashion House, where she explored the work of some of South Africa’s most prolific designers and creatives in the fashion industry. The fashion aesthete says the influence of the industry is far-reaching, and therefore, must be more responsible about the environment and preservation of resources.

READ MORE: No Christmas cheer for fashion firms in never-ending sales

“I’ve always had a knack for creating, whether I’m creating from scratch or recreating something that already exists,” says Nhlapo. So, upcycling, or repurposing, is what she is into.

“However, recreating or upcycling has always given me much more excitement and a deeper sense of purpose.

“Upcycling can be challenging but rewarding in the sense that it’s not just about the creativity but it’s more so about contributing to solving the effects of fast fashion on the environment and the economy. It is very important that we preserve our culture, identity and resources,” she says.

READ MORE: IN PICTURES| The Business Of African Fashion: Nigeria Takes A Slice Of The Pie

Fascinated about culture as well as traditional wear, some of her design ideas are fairly unconventional, such as Zulu sandals made of tyres. Besides clothes, she also designs accessories, such as earrings and key-holders. One of her designs is earrings shaped like water droplets to highlight the importance of saving water, whilst also bringing forth the beauty and importance of recycling and upcycling.

Her market is largely young women, but the brand is also for those who love and consume fashion consciously. Nhlapo uses fashion as a tool to influence people and encourage them to think carefully about how they use it.

“Fortunately, through traditional media and social media, I am able to reach thousands and thousands of people, not just in South Africa but across the world. If we consume fashion correctly and consciously, we have the power to reverse certain cycles and change the direction of our future,” says Nhlapo.

 She goes on to say that the fashion industry is among the highest polluters  in the world, however, thankfully, it is gradually moving towards a more responsible way of operating.

“In fact, green fashion is the next big thing. Designers and consumers are finally becoming more and more aware of the damages and negative, rippling effects of fashion and are now beginning to take such issues seriously. We are starting to see more sustainable fabrics on the runway and more eco-friendly brands launching into the market, while well-established brands are also moving in the direction of going green. Before we know it, green fashion will be the only thing we know.”

READ MORE: Fashion, Fame and Finances With SA Designer, David Tlale

South African designer JJ Schoeman elaborates on ‘fast fashion’ and ‘green fashion’.

“I think we need to still go on a robust campaign on the implications of fast fashion, where we create more awareness around its consumption, as I feel that most consumers are still a little blasé about their purchase.

“There was a call for green fashion, because of the wasteful nature of production lines within our industry. This call was made to encourage designers like myself to use environmentally-friendly fabrics and methods in the production line.”

One of the ways he implements this in his production line is to cut material in a way there is less wastage.

“Over and above this, I also found ways in which to ‘get rid’ of the waste we accumulated over a season – these included donating to the trade, for reuse. I also try my absolute best to use fabrics that are more environment-friendly, but of course, I always need to take into consideration what the client wants.”

Schoeman opines the green fashion trend is growing.

“Absolutely, if we just take into consideration the amount of international names that have agreed to not using real fur in their collections. Recently, I read about the #G7Biarritz movement, which saw the Prada Group, Ralph Lauren and 30 other fashion industry brands sign the pact. The Fashion Pact is going to change the game in sustainable fashion all over the world.”

Yet another trend is ‘thrifting fashion’ that has become the cornerstone of shopping trends popular among the youth.

Vathiswa Yiba is an employee at a vintage thrift store in the lively Braamfontein area of Johannesburg. She has immersed herself in the culture of thrifting.

The store is one of several thrift stores in the city, and among the popular ones at the thrift market not far from Africa’s largest railway station, the Johannesburg Park Station.

“Thrifting is buying clothes that people think are not good enough anymore and those that they have discarded,” says 22-year-old Yiba.

“It’s interesting with thrifting because the most dangerous places are where you find the nicer things”

– Vathiswa Yiba

The lower prices also offer financial reprieve and more options for the buyer.

Yiba has been thrifting since her high school days when she started with her own clothes. 

“I don’t step into retail stores unless I am buying shoes,” she says.

“My first thrift was buying from people who sold from their bags, then from their car boots, then I leveled up and started going to the biggest market in the  Johannesburg Central Business District; MTN Taxi Rank, known for its pavement crimes, despite the danger in that part of town, they have the best clothes.”

The street-savvy Yiba offers advice to those who are novices in the industry. 

“It’s interesting with thrifting because the most dangerous places are where you find the nicer things, and here is a tip when you are going thrifting – make sure you have loose change and put it in safe pockets, away from pick-pocketers. That way you will be able to shop safely. However, you can find good-looking items but it’s not in your size; which is where the community comes in.

“We have tailors to alter the garments for you and it will be exclusive because it’s thrifted, no one has the same clothes. There is so much more you can do with discarded clothes. With the littlest things, you can make an amazing thing and you’ll be the only one who has it.”

Of course, there is a tinge of stigma associated with thrifting. Yiba says people think the clothes could also have belonged to those who have passed away, but she’s of the view that thrifting creates other opportunities.

“The [thrift clothing] may look messy and seem dusty, but once cleaned or altered, they will look retail. So it’s not just the connotations, it can be something perfect and the next person wouldn’t even know.”

These are sentiments also echoed by Leago Nhlapo, a content creator for fashion brands like Adidas, Sportscene and Skechers, who began his journey as thrifter.

“It started with thrifting because it makes you unique; there is no similar garment, every single garment is different from the next. So, I jumped from really cheap clothes [recycled clothes] to really expensive clothes,” he says.

However, Leago encourages green fashion because he says the fast fashion industry is the second-highest contributor to carbon emissions. 

“The more people buy clothes, the more we contribute to global warming and we all know the global crisis, so if we recycle clothes, there will not be a need to make clothes, there are enough clothes for everyone existing. I am proof that second-hand clothes are cool and look better than people paying tons of cash.”

Seventy kilometers south of Johannesburg’s Central Business District is Nokwakha Qobo, who was born in the squatter camps of Phuma Zibethane in Sharpeville. And in the garbage dumps of these camps, the fashion designer in her emerged.

Qobo currently has a clothing line with an international reach. She fashions garments out of wastepaper she collects from rubbish dumps. 

“I’m a self-taught designer from a dump in Vanderbijlpark, that’s where I learned everything

– Nokwakha Qobo

As a young girl, Qobo had to walk to school, and through the course of her journey home, she would pass a garbage site where old fashion magazines and newspapers were discarded.

It is often said that ‘one man’s trash is another man’s treasure’. This adage was not lost on her because she took inspiration from the articles in those magazines and now creates pieces that are sought after.

“That’s where I learned about fashion trends, that’s where I learned about different colors for different seasons, that’s where I learned about the body structure of a woman, actually, I’m a self-taught designer from a dump in Vanderbijlpark, that’s where I learned everything,” she says.

Inadvertently, she too is contributing towards a shift in culture based on conscious consumption.

Perhaps, with the benefit of time, green fashion will be the norm as many believe we already have all we need.

Motlabana Monnakgotla

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HUGO BOSS Partners With Porsche To Bring Action-Packed Racing Experience Through Formula E

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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.


Alejandro Agag (Formula E CEO) and Mark Langer (HUGO BOSS CEO)

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.


Porsche x BOSS: introducing a new collaboration | BOSS

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.


Hugo Boss x Porsche  

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.”

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Taking A Bite Out Of Africa

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Hungry in London with a stomach dreaming of home? From the smoky to the sensory, the city offers distinct African culinary encounters.

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