Where do celebrities keep their money?
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Talking about celebrity investments, we can take the example of some real-life media personalities to actually find out where celebrities keep their money. Investment in start-ups is one common thing. Take, for instance, Beyonce – the globally popular pop star – her total asset value being worth $400 million. Currently, she has a $ 9 million stake in Uber – the company where she wanted equity holding instead of cash compensation for performing at a corporate event in 2015. We know Justin Bieber has his name etched not only in the global music arena but also in international clothing and fragrance brands. According to Samuel Rad, one of the best financial advisors in Los Angeles, celebrities realize that taking on more risk is the way to go when you want a higher return. Remember the old adage, “There is no free lunch on Wall Street.”
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Ronald Davis
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