February 27th, 2008
Resale value for Oscars won after 1950 are limited because the Academy makes all winning celebrities sign an agreement that if they want to sell they have to first offer the statue back to them for $1.
Based on the current price of the gold if melted down each Oscar is worth about $500.
If sold on the sly (or for pre-1950 Oscars that can be sold in the open) big-name Oscars will easily clear $60,000+, with many hitting 6 figures. Via Luxist & environmentalgraffiti
February 27th, 2008
Zimbabwe is suffering its worst economic crisis since independence, with acute shortages of hard currency, food, gasoline, medicines and essential imports. The meltdown is blamed largely on disruptions to the agriculture-based economy after the often violent seizures of thousands of white-owned commercial farms began in 2000.
Annual inflation is the highest in the world, around 1,600 percent, and bread has all but disappeared from supermarket shelves in the capital Harare.
The economic crisis did not seem to put a damper on Mugabe’s birthday festivities.
President Robert Mugabe has ruled Zimbabwe since the country gained independence from Britain in 1980.
The campaign to raise funds for the birthday celebrations is being run by a youth organisation called the 21 February Movement, which was founded in 1986 in honour of Mr Mugabe.”We are looking to raise 300m Zimbabwe dollars ($1.2m at the official exchange rate; $65,200 at the unofficial rate) that will be used at the birthday celebrations in Gweru,” Emmanuel Fundira, chairman of the movement, told the AFP news agency.
February 22nd, 2008
Jennifer Lopez is reportedly demanding $6 million dollars for the first photos of her twins. $3 million a piece? Those kiddies are already ballers and they haven’t even left her womb yet. Eat your heart out Xtina!
Jenny from the block is expected to fetch anywhere from 4-6 million dollars for exclusive rights to the photos, but you know she’s not gonna settle for less than 6. And I bet she isn’t donating a penny of that to charity like Brangelina would.
February 14th, 2008
Music icon Madonna topped Forbes magazine’s first-ever list for the ‘Cash Queens of Music’. Madge’s earnings of 72 million dollars were 12million USD more than that of second place star Barbara Streisand, with an earning of 60million dollars. Third place on the list went to Celine Dion with 45 million dollars in the bank, reports People magazine.
The top five was rounded of by Colombian superstar Shakira and the ‘Bootylicious’ Beyonce who came in fourth and fifth place with an earning of 38 million dollars and 27 million dollars respectively.
The list for the top 20 ‘Cash Queens of Music’ as per Forbes is:
