Posted: Monday, June 26, 2017. 4:39 p.m. CST.
By BBN Staff: Forbes Magazine, the American business and finance focused publication, in its latest list of the world’s highest paid celebrities estimated that the top 100 celebrities on the list raked in more than the combined GDP of Belize, Liberia and Gambia.
According to Forbes, the celebrities who made the list pulled in a staggering US$5.15 billion! Bad Boy budiness mogul Diddy topped this year’s list collecting a career-best $130 million followed by Beyonce and J.K. Rowling, raking in $105 million and $95 million respectively.
Though Diddy’s payday mostly came from the sale of a large chunk of Sean John clothing equity and his ongoing partnership with Diageo’s Ciroc vodka, many of the names on the list are profiting from the emergence of the new entertainment economy, Forbes said. According to the publication, streaming platforms like Spotify and Netflix are directly enriching stars in a manner that once seemed a distant dream–indirectly fueling lucrative live shows for the likes of The Weeknd and other popular acts.
Drake, Cristiano Ronaldo, The Weeknd, Howard Stern, Coldplay, James Patterson and Lebron James rounded out Forbes’ top 10.
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