Home Budgeting The Cost Of Living The Celeb Life

The Cost Of Living The Celeb Life

Everyone has their own vice, but when you’re a celebrity, they are usually more expensive…and everyone seems to have an opinion about it!
Some people, while judging celebrities’ expensive lifestyles think it’s absurd and pure ostentation, but until what point is it really?

Put yourself in their places and reflect, if you were a celebrity that makes enough money to cover your vices, wouldn’t you do the same?

Products as Personal Branding

Celebrities also get a lot of products just to be seen wearing it or even get it for modeling the product. Ashley Olsen got the Louis Vuitton Urban Satchel for modeling for the product, and she’s not the only one, there’s plenty of others. A lot of celebrities buy it not only as an impulse buy or because of vice but also as an investment because they understand that they are ‘the product’ and that they HAVE to invest in the product to make more money. And of course, having limited edition products that cost a lot when you purchase means that in the future it’s going to be worth so much more, so it’s a good investment both ways!

How much for the…

Handbags have always been the mother of every girl’s addiction, it’s a must-have item for girls of every age, an item that every girl everywhere when asked, will always tell you that got her first one in their childhood. They are a great way to carry stuff and accessorize your look, so why not love it? Every woman probably has already experienced stars in their eyes when seeing the most beautiful handbag that they have ever seen. At that stage in time, it’s a done deal; if the value is reasonable, the girl will put their time and effort to save money enough to buy it. When the price is completely outrageous, the bag’s worth will grow even more, and before they know it, every conversation will start with “I saw the most beautiful handbag’.

But when you are a celebrity, most of the times the dream become true, even if it is not something you have seen already, it’s just something you have thought or even dreamed about one night, like Lady Gaga‘s Meat Handbag, Emma Watson’s Chanel Classic Diamond Forever Handbag price tagged $261,000 and Victoria Beckham Hermes Birkin Bag that cost $120,000.

It isn’t only female celebrities who spend a lot on their vices, celebrity men have been spending just as much, if not more than women.

Men and their Motorcars

How can we expect that the male celebrities should sit at home and watch the football game while their female counterparts are out on the town spending money on fashion and fois grass? These guys have been working just as hard, and their innate need for anything that speeds, cannot be ignored.

Like Jerry Seinfeld’s sports Car Porsche 959 that costs $7000,000, Nicolas Cage’s Ferrari Enzo price tagged at $670,000 and David Beckham’s Custom Rolls-Royce Phantom Drophead price tagged $407,000.

Party Rockers in the House

Then some habits didn’t come with them since their childhood, these habits and hobbies were born in their teenage year. One of these status symbols is most definitely being the host of one of the biggest parties in Hollywood. As a celebrity host, nothing can be average when it comes to cuisine, champagne, and entertainment. Not all these real estate expenses are just for entertainment and display of wealth, but because these stars live their lives in the public eye, they make purchases focus on privacy as well.

Think in the lines of Private islands and mansions, a hidden place where they can go to escape the high life, the paparazzi, drama and bustle of their lives, but also, it’s an easy way for them to establish themselves as members of the high society.

Rihanna’s Pacific Palisades Mansion with 11,000 square-foot, 7 bedrooms, 9 bathrooms, 14-foot ceilings, a hot tub, swimming pool, sun deck, and a 6,000-sq.ft. Garden is valued at over $12,000,000. Ozzy Osbourne’s Mansion with 10,953 square feet, 6 bedrooms, 10 bathrooms, a swimming pool is worth $10,000,000, and Billy Joel’s Miami Beach Mansion with 303,310 square feet worth $35,000,000.

These are just a few things that celebrities like to spend their time and money on. “Lifestyles of the rich and the famous, their always complaining” as Good Charlotte would say, does not seem to be very far from the truth. One thing is for certain, if this had to be one of our lives, you wouldn’t hear us complaining.

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