Jul 1, 2015

Forbes List-Highest Paid Celebrities 2015 Goes Global



When Forbes listed the 100 Highest Paid Celebrities 2015, the list is not business as usual. The list still measures money earned in one year, before management fees and taxes are subtracted, but the 2015 list includes candidates from all corners of the globe. The variety on the 2015 list is interesting, from Beyonce (#29 at 54.5 million), Jackie Chan (#38 at $50 million), Russian tennis star Maria Sharapova (#88 at $29.5), to Canadian rapper Drake (#54 at 39.5 million). Thirty-two list members are from outside the U. S. and 15 are from the U.K., including Gordon Ramsey,”the chef who ate the world”, (#21 at $60 million) and singer-songwriter-musician Ed Sheeran (#27 at $57 million). Take a look at the top ten:

1.      Floyd Mayweather $300 million
2.      Manny Pacquiao     $160 million
3.      Katy Perry               $135 million
4.      One Direction          $130 million
5.      Howard Stern          $95 million
6.      Garth Brooks           $90 million
7.      James Patterson       $89 million
8.      Robert Downey Jr.   $80 million
9.      Taylor Swift             $80 million
10.  Cristiano Ronaldo     $79.5 million

 
Katy Perry is part of the burgeoning batch of stars cashing in on an increasingly global entertainment landscape. She used her Super Bowl Globe to showcase her talents to audiences abroad. As part of her Prismatic World Tour, she played 124 shows during our scoring period; 75 of them took place abroad, in 27 different countries. According to her managers, 60% of her income now pours in from foreign markets.

Believe it or not, the Gender Gap applies to both the celebrities on this list as it does to the wider society. Only 16 of the world’s highest paid celebrities are women, including Perry and Taylor Swift among the top 10 list members. Women on the list made a combined total of $809 million dollars, while men made $4.35 billion. The UN estimates it will take 70 years to close the gender gap at the current rate.

One Direction takes the No. 4 spot for similar reasons: The world’s biggest boy band played 74 dates over the past 12 months, averaging seven-figure grosses at every stop, hitting every continent besides Antarctica. Thanks to a strong touring drive—and profound changes in the concert business, spurred by the rise of the global middle class—the group earned more than twice as much as the Rolling Stones.


 
Hollywood is benefiting from this sort of trend as well. Avengers: Age of Ultron grossed $240 million in China, whose monthly box office surpassed the U.S. for the first time this past February. Robert Downey, Jr. (No. 8) earned double-digit millions for playing Iron Man in that film en route to a career-high $80 million payday, tying him with Taylor Swift, whose best-selling album 1989 moved 3.7 million units in 2014.
 
 
Taylor Swift won wide acclaim for slaying a giant. The singer wrote an open letter to Apple Music saying "please don't ask us to provide you with our music for no compensation". Apple bowed and Senior Vice President Eddy Cue tweeted "we hear you @taylorswift13", indicating that Apple Music would pay artists for streaming even during the customer's free trial period. How that for flexing your muscles.
 

Meanwhile, Vin Diesel (No. 43) banked $47 million thanks to a back-end cut on Furious 7, which brought in $1.5 billion worldwide. More than $1 billion of that sum came from abroad, including roughly $400 million in China, where it’s the highest-grossing film of all-time.

 The entertainment market is global and savvy entertainers are finding ways to tap into new sources of wealth.

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