Recession? What recession?
Spend a day in the life of a super star celebrity and you might not believe that the country has hit upon hard economic times.
Are you having a tough time selling your home or are you trying to make your 1,200-square-foot abode work for your family of seven? Then you might not want to hear that Sting just plunked down $26.5 million for a plush apartment in New York.
According to city records, the wealthy rocker just bought his brand new pad in a luxury high rise with cold hard cash. The Police frontman’s new digs feature marble countertops and heated bathroom floors in addition to incredible views of the New York skyline.
For 26 mil it better.
Interestingly, $26 million is exactly the amount of money Forbes magazine is reporting that Harry Potter star Daniel Radcliffe earned last year alone.
According to the magazine, the 18-year-old has $8 million in cash in the bank, another $14 million in investments and is owed $4 million in outstanding payments.
The actor’s assets have reportedly risen $6 million since 2007 and do not include the $16 million he made from Harry Potter and the Order of the Phoenix.
No word on how the star plans to spend his mountains of money, but U2 lead singer Bono is not making it a secret as to how he plans to spend some of his fortune.
According to the New York Post, the world-famous rocker is planning to spend a staggering $237.2 million turning the hotel he owns in his native Dublin, Ireland into a massive city resort.
The U2 frontman and bandmate The Edge bought the Dublin’s 156-year-old Clarence Hotel in 1992 and recently hired award-winning architect Sir Norman Foster to design plans to overhaul the 49-room hotel. Sources close to the project tell the paper that the plans currently call for a glass atrium in the shape of a Viking boat to become the resort’s main focus.
I wonder how much it will cost a penny-pinching budget conscious traveler like me to stay there once the multi-million dollar project is complete?
And if you think the cash that’s being thrown around by celebs says something about the spending habits of the world’s wealthy consider that an anonymous movie fan just dropped nearly $350,000 for an oversized poster for the 1933 film classic “King Kong.”
It’s not $26 million, but it certainly is enough for a nice pad in the suburbs.