On the performance side of things, streaming led the way, with actors Ryan Reynolds and Dwayne Johnson making big money through Netflix. Jenner sold 51 per cent of Kylie Cosmetics to publicly traded Coty, Inc. Documents later revealed that the business was much smaller than the family claimed for years, but it mattered little. Aside from that, Jenner made bulk cash through endorsements and royalties from the hit series. The Fed-Express earned much of his massive salary through his incredible endorsement deals, which has become a common theme among the highest-paid athletes for , with little to no sports on offer.
However, the chiselled champion made a bulk amount of dought through endorsement deals, which is what happens when you are the most followed athlete on social media. Veteran shock jock Howard Stern continues to make ridiculous money. Johnson also made a massive amount of money from his successful Under Armour line, Project Rock. There are athletes, actors, musicians and reality stars aplenty. According to Forbes' annual review, Kylie Jenner was the highest-paid celebrity in , thanks to her lucrative deals and cosmetic business.
For the second year running, Dwayne Johnson was named as the highest-paid actor in Swiss tennis dynamo Roger Federer was named the highest-paid athlete in Prior to working at Man of Many, Nick spent two years as a journalist with Inside Franchise Business, focusing on small business, finance and legal reporting.
With an extensive background in the media industry, Nick specialises in feature writing, fashion, lifestyle and entertainment content. Who was the highest-paid celebrity in ? Who was the highest-paid actor in ? Who was the highest-paid athlete in ? Read more about Nick About Man of Many. While he might not have the same level of Instagram following as Cristiano Ronaldo, Neymar Jr is still making absolute bank from the social media platform.
Arguably the best football player in the world, Lionel Messi falls just short of his perennial competitors Cristiano Ronaldo and Neymar Jr in the Instagram stakes. J-Lo is a celebrity that has her fingers in a lot of pies. From music and film to skincare and design, Jennifer Lopez is a money-making machine, in real-life and on Instagram. At one stage, Kendall Jenner had the most liked photo on the entire Instagram platform. She may have lost that crown, but the Kardashian member is still one of the most follower and highest-paid Instagramers on the planet.
Football star Cristiano Ronaldo is the most followed person on Instagram. The Juventus player has a whopping million followers. Prior to working at Man of Many, Nick spent two years as a journalist with Inside Franchise Business, focusing on small business, finance and legal reporting. With an extensive background in the media industry, Nick specialises in feature writing, fashion, lifestyle and entertainment content.
Who is the highest paid celebrity on Instagram? How much does Kylie Jenner make on Instagram? Who is the most follower person on Instagram? Celebrities , Instagram , Money. Read more about Nick About Man of Many. Instagram Image.
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Personal Finance. Hillary Hoffower and Shayanne Gal. Some of America's richest people make more money in one hour than others would ever see in their lifetime. We calculated how much 16 of the richest billionaires and celebrities make an hour, and the results were illuminating. When it comes to money, some people are just in a league of their own. Hillary Hoffower. Hillary reports on the intersection of youth culture and wealth, looking at the business, lifestyle, and financial behaviors of millennials.
She covers trends in how high-net-worth millennials are living and spending, profiles millennial entrepreneurs , and examines how the economic environment millennials grew up in shaped them and their money habits. She also dives into the luxury landscape. Angie Hobbs, professor of the public understanding of philosophy at the University of Sheffield, says our contemporary attitudes towards who deserves what pose serious moral concerns. Professor Hobbs warns that lower-paid professionals, like teachers, nurses and social care workers, may subscribe to these limiting beliefs, too.
For example, Dr Ferracioli says the low wages of childcare workers actually degrades the quality of early education. These workers can play an important role in their moral education, in the development of important social skills and excitement about learning.
For Dr Ferracioli there's another fundamental flaw in our current economic system: it's unfair for some people to reap profits and others to scrape by because, ultimately, every role matters.
Dr Ferracioli says, whether we realise it or not, we're able to do our jobs because of the "army of people" who clean the streets, make the train run, care for our children and perform other "less valued" tasks. If you're not a CEO, HR person or manager, the wealth gap might seem like someone else's problem, but according to our experts, we all play a part. Get our newsletter for the best of ABC Everyday each week. Through following celebrities' social media accounts or buying the products they endorse, we're contributing to the enormous wealth of the elite.
Social media scrolling can be a passive activity, but it's worth considering 'Do I want to support this person or this ideology? But economic inequality won't be resolved by simply following a bunch of nurses and childcare workers on Instagram — so what can we actually do to help? Ms Phelan says we can support those workers in lower-paid professions when they ask for higher wages or better conditions. Our current economic system isn't going anywhere anytime soon.
It's unlikely we'll see some kind of mass redistribution of wealth from rich celebrities and billionaires to the working class, but that doesn't mean we have to just throw our hands up in the air and support the status quo.
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