These Celebrity Millionaires and Billionaires are Infamous for Their Lavish Spending Habits
The uber-rich are well known for their extravagant taste. It’s not surprising to see millionaires and billionaires splurging crazy amounts of money for even crazier purchases.
Celebrities are no exception. But while most wealthy people spend their hard-earned cash on the usual fare of designer goods, lavish mansions, and fancy cars, these following stars take things to a whole new level.
Once upon a time, ex-pro boxer Mike Tyson’s wealth amounted to a whopping $300 million. Except for $3 million, almost all of that’s gone now though and it’s all thanks to the heavyweight champion’s taste for the exotic and flashy.
He’s known for being the owner of not one, but three Bengal tigers that reportedly cost $70,000 each. Tyson also splurges an extra $125,000 a year to hire a trainer for his pets.
These days, Nicolas Cage is as well known for his prolific acting filmography as for his constant financial issues. You see, despite earning millions from his blockbuster films, the ‘National Treasure’ actor seems to have trouble keeping up with his eccentric spending habits.
According to reports, the 56-year-old star managed to blow through his $150 million fortune from 1996 to 2011. Cage spent his millions on purchases like a $276,000 dinosaur skull, a $150,000 pet octopus, and $150,000 on a comic book.
His spending has been so out of control that his net worth dwindled down to just $25 million.
Singing diva Mariah Carey has been in the game for around three decades now and she has her impressive $520 million fortune to show for it.
The 50-year-old hitmaker has become accustomed to a certain kind of lifestyle and even her pets are lucky enough to enjoy it with her. According to Page Six, Carey spends $45,000 a year to get her dogs spa treatments.
Another celeb who drops the big bucks on their pets is socialite Paris Hilton. Her pups even have their own custom-built doggy mansion in the star’s backyard.
The two-story residence comes complete with air conditioning, designer furniture, and heating. It reportedly cost $325,000 to make.
Hilton has an estimated net worth of $300 million.
Although he has no problem treating himself to gold bling, rapper Kanye West seems to love giving his loved ones extravagant gifts more.
The billionaire once gave fellow rapper Jay-Z a $34,000 golden skull and a $62,000 diamond-encrusted tiara for his eldest daughter North.
More in Rich & Famous
Some Financial Moves Every Salaried Millennial Needs To Make
If you are reading this title and wondering what a millennial is, do not worry. Millennials are people who are born...July 30, 2022
Putin’s War On Ukraine Crushes The Long-Awaited Russian Dream
If we look back at Russia before Vladimir Putin, Moscow was on its way to becoming a financial hub for international...July 23, 2022
IMF Considers Cutting Global Growth Outlook Significantly In The Next Review
The world’s economic situation is evident to all global citizens and it is not a good sight. From inflation to price...July 23, 2022
3 Personal Finance Advice From Billionaires
Money management is the number one stress all over America. Although there is no shortage of financial support, who would ignore...July 17, 2022
Most Executives Think They Made Wise Leadership Decisions During The Pandemic
During the pandemic, employers thought they were doing a good job supporting their employees. However, workers had contradictory opinions. According to...July 12, 2022
Shutterstock Acquires Splash Celebrity News Agency
Shutterstock has acquired paparazzi content agency Splash News, which adds 27 million editorial images to the archive, throwing down the gauntlet...July 12, 2022
Russian Prankster Duo Disguise As President Zelenesky To Make A ‘Distasteful’ Prank About J.K. Rowling
“Harry Potter” series writer and popular activist J.K. Rowling has recently become a victim of the Russian notorious prankster duo: Vovan...July 5, 2022
Queen Elizabeth Looks Elegant In Her New Hair Makeover
Queen Elizabeth has always looked fabulous in her signature short hair! Since the 2022 year was an important one for Her...July 5, 2022
Here Is The Key Strategy For Buying Bitcoin And Ethereum For Bull Markets
Investing in cryptocurrency is not a walk in the park! It’s just like any other investment that you make as it...June 27, 2022