How Celebrities Really Spend Their Money
A Hollywood money manager gives the details to 'New York'
By Evann Gastaldo, Newser Staff
Posted Jan 30, 2012 10:25 AM CST
Neither Sophie Marceau nor Monica Bellucci are, presumably, the celebrity whose finances we're discussing.   (AP Photo/Christian Hartman, Pool)

(Newser) – "Very few" superstars live within their means, a Hollywood money manager tells New York. Cash, in particular, can spell bad news: "We had one guy go through $600,000 one year," the manager explains. "We try to get everything on a credit card: It helps track it." He gave the magazine details of one A-list actor's finances. Highlights:

  • Total income: $15,912,000
  • Cash spent: $175,000
  • Fine art: $1,200,000
  • Jewelry: $875,000

  • 'Medical' expenses: $40,000 (Apparently this category can include plastic surgery. "One actress just spent $50,000 on a new set of teeth," the manager explains.)
  • Given to charity: $25,000
  • Mortgage payments for primary LA residence: $486,400
  • Repairs or maintenance on LA house: $110,000 (Some clients spend $500,000 per year in this category, the manager says, "repainting the entire interior, redoing marble floors. Every year.")
  • Gardening of LA home: $80,000
  • Second residence in Miami: $152,000
  • Nanny: $70,000 (with an additional $300,000 in "children's expenses")
  • Taxes: $5,100,460
  • Net income: $4,474,640
Click for New York's full rundown of the expenses (which includes $3,000 for dry cleaning) or a similar one for a big producer.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
How Celebrities Really Spend Their Money is...
Show results without voting
You Might Like
Showing 3 of 18 comments
Jan 31, 2012 1:18 AM CST
The caption on the picture for this article was unintentionally hilarious: "Look, celebrities! Like the kind of people this article is about! No, no, it's just a stock image, the article isn't really about them."
Jan 30, 2012 6:18 PM CST
The irony that nearly all of them are Obama supporters is not lost here. Spenders of a feather....
Jan 30, 2012 4:27 PM CST
maybe it's my fault for actually clicking on this link, but i doubt that many americans want to read this article right now. why rub in the fact that we're struggling and rich people...aren't.