I’ve recently found out that Alex Reid is being paid £175,000 to appear on Celebrity Big Brother 2010.  Is this guy really a celebrity for being Jordans boyfriend ?

Dane Bowers who used to date Katie Price is only being paid £35,000.  It seems the more your pictures are splatted about in the media the more you get paid for reality TV shows.

Vinnie Joes is being paid £350,000 to appear on the show, not bad for 3 weeks sitting in a house aye ?  Some of the other contestants dont agree with him being paid that much.  He has apparantly starred in over 50 films, yet i can only think of around 3 films he has been in.

Rapper Lady Sovereign is also being paid £35,000 to appear.  In 2007 it was reported that she had a break down live at a gig in the US at one of her shows.  She was signed to Jay-Z record label Def Jam and recorded 1 albulm which didn’t do too well.

Stephen Baldwin is being paid £150,000 while Ronnie Woods ex girlfriend Ekaterina Ivanova is getting paid £75k and also singer Basshunter and Heidi Fleiss.  Actress Stephanie Beachem who starred in Dynasty is being paid £100k

Page 3 model Nicola T is being paid £50k.  After seeing her on screen she comes accross really terrible especially with that voice and she acts very childish.

I read an interesting article the other day in moneyweek and thought i would share it with you about some interesting money facts.

£90m What footballer Cristiano Ronaldo’s (left) lets have been insured for by Real Madrid.

£16,000 What compensatioin payments to school pupils who slip or trip in school are costing the taxpayer a day.

£30,000 The sum torchwood star John Barrowman is set to earn per week in pantomime this Christmas.

£14.3m How much the photographer Annie Liebovitz owes creditors who may force her to sell her life’s work in order to repay the debt.

£250m What three fraudsters tried to sell the Ritz hotel for despite not owning it.  Patrick Dolan, Conn Farrell, and Anthony Lee have gone on trial for fraud.

£8.60 The amount that a grieving coupld were charged per minute by Milton Keynes council after the funeral for their baby son overran their booked crematorium slot by ten minutes.

$23,148,855,3308,184,500 What a man in America was charged on his debit card statement for a packet of cigarettes after a banking error.  The bank of America apologised and corrected the mistake the following day.

£150,000 The value of camera equipment stolen from BBC Television Centre since April.

£7,524.30 What new speaker John Bercow has claimed on expenses for a sofa suite and window seat cushions.

Article Source: MoneyWeek

Michael Jackson signed his first music deal when he was aged 11 in 1969, as part of the jackson Five.  Reputedly, says The Times, they got a “measly” 2.7% cut of their royalties.  It wasn’t until his solo album Thriller (which is still the best-selling album in history) in 1982, for which he earned $125m, this his earnings went into orbit.  The Bad world tour in 1987 grossed him a further $125m.  Jackson made some savvy investments, the most notable being the $47.5m purchase of ATV Music Publishing in 1985, which included a 250-song Beatles back catalogue.  He sold half of it to Sony/ATV Music Plublishing for $150m in 1995.  At the time of his death his estimated income was $19m a year.

How did he spend his money ?

Extravagantly and quickly.  Described as the millionaire who spent like a billionaire, Jackson died with an estimated debt of $500m with his annual outgoings thought to be $20-$30m more than his income.  He paid out £16.5m and £1.1m on two separate out of court settlements for charges of child abuse.  He also paid ex-wife Debbie Rowe £5m for custody of their two children plus a £750,000 annual payment.  He was an obessive shopper too; in 2003 he spent $4m in a single shopping spree in Las Vegas.  By 2005, he had racked up $300m in debts.

What does his death mean for his planned gigs?

AEG Live, the promoters of Jackson’s 50 planned concerts at the O2 Arena, face a bill of up to £300m for the cancelled concerts.  The firm had to self-insure at least 30 of the concerts as no one was willing to insure the full run.  The group is rumoured to be considering releasing a DVD of Jackson’s last rehearsal – filmed hours before his death – in order to recoup some of the losses.

I’ve put together a list of some of the most successful reality TV starts from the UK that have made good money.

1.) Girls Aloud                     £25m                             Popstairs:The Rivals

2.) Will Young                     £12.5m                          Pop Idol

3.) Leona Lewis                  £10m                              X Factor

4.) Jade Goody                   £8m                                 Big Brother

5.) Myleene Klass              £7.5                                 Popstars

6.) Gareth Gates                 £6.5m                             Pop Idol

7.) Paul Potts                       £5m                                 Britains Got Talent

8.) Craig Philips                  £5m                                 Big Brother

9.) Lemar                               £4m                                Fame Academy

10.) Jane McDonald          £3.5m                            The Cruise

Katie Price aka Jordan was well known for falling out of night clubs drunk but she is well known as a glamour model turned entrepenaur.  Now adays she is a successful author of childrens books and has several lines in jewelry, bed linen and horse accessories.

In 2004 she was earning £20,000 per photo shoot. Not bad for a few hours work in anyones eyes.  Her annual earnings were £250,000 that year just from modelling.  In that year she also did photoshoot for Playboy earning £250,000.

What Else Has Katie Price Earned ?

After her appearance on “Im a celebrity get me out of here” in 2004 she was paid £100,000 by ITV.  Following on from the show she then published her first autobiography earning her £10,000 in advance as well as a percentage of the royalties.  The 2nd book she released named “Jordan A Whole New World” made her £2m.  Following on from the autobiography success she then decided to try writing childrens books and was paid £600,000.

Katie Price also has a lingerie collection which is very popular and earned £2.8m in 2006 and with her jewellery range in Argos made £250,000.  Katie then went on to launch a bed linen range for Matalan and made £150,000.  Katie has a big love for horse riding so decided to profit from her passion and created her own horse accessories and earned £1m.

What could the Divorce From Peter Andre Cost ?

Katie Price is estimated to be worth £30m according to Sunday Times rich list at only the age of 31.  Katie and Peter own several properties together, one property in Surrey worth £2m, a property in Cyprus worth £1.75m.  Even though this divorce may cost Katie money she is already making money from this event by earning £40,000 from the photos of her on holiday after the spilt.  This just goes to show katie can make money from any drama or situation, and knows how to monitise from the media attention she gets.  Not only this she is rumoured to make a six figure sum for her story of their relationship.

The following  individuals are all multi millionaires under the age of 30

1. Arthur Landon – 27  – Inherited £200m
2. Dhani Harrison – 30 – Inherited £140m
3. Fawn and India Rose James – 23 & 17 – Inherited £120m
4. The Earl of Pembroke – 30 – Land owner of £105m
5. Andrew Gower – 30 – Computer Games £99m
6. Richard Walters – 29 – Plant and equipment £90m
7. Jenson Button – 29 – Motor Racing £40m
8. Michael Owen – 29 – Football £40m
9. Andrew Michael – 29 -Internet £35m
10. Thomas O’Donohoe – 29- computers £35m
11. Waye Rooney – 23 – Football £35m