4.8 • 3.6K Ratings
🗓️ 31 January 2025
⏱️ 7 minutes
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0:00.0 | So there are countless stories about celebrities or anyone who comes into money quickly |
0:09.4 | about squandering their wealth, right, and they're having to start over from scratch. |
0:13.5 | And we see those train wrecks at times, but then also we do see some people that actually |
0:19.4 | do really well with their money as celebrities. |
0:22.4 | You know, these public figures, though, when it comes to personal finance, it's very fascinating |
0:25.9 | lessons that we can learn from them. |
0:28.1 | So today, I'm going to react to a few lessons from your favorite and my favorite celebrities |
0:32.1 | and stay tuned till the end because I'll share my number one tip for building wealth, regardless |
0:36.7 | if you're a celebrity or not. And before we get started, make sure to subscribe and share this episode with a friend |
0:42.8 | who loves pop culture. All right, first up, let's start with LeBron James. So his net worth, |
0:48.6 | are you ready for this, $1.2 billion. But what he's done with his money is pretty incredible. He founded a school. |
0:55.9 | He has started multiple businesses and he signed a lifetime Nike contract. And he said his first |
1:01.9 | money lesson that he learned was very important. And that was the lesson of saving money. |
1:07.6 | His uncle would give him a dollar and tell him to save 65 cents of it. And he still owes his |
1:13.4 | wealth to learning that habit early on when it comes to saving. I mean, well done, LeBron. Well done. |
1:19.0 | Next up, it's our girl Kylie Jenner. So her net worth is $700 million. And she was born, you know, |
1:26.7 | into a very well-to-do family, the Jenners. But then she |
1:30.1 | really created this fortune on her own. She used social media, thank you free marketing, |
1:34.9 | to launch Kylie Cosmetics in 2014 when she was only 17 years old. And a few years later, |
1:41.3 | she sold a 51% stake for $600 million. And one lesson from |
1:48.0 | Kylie is that, you know, you can use influence, you can use networking. And if you have a skill |
1:54.7 | or an expertise in a certain area, lean into that, right? Now, her celebrity factor obviously |
... |
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