FOREX.com identifies the top celebrity investor of the year 2023. While Babyface shows the highest return on net worth at 134.40%, YouTubers emerge as the most successful group, achieving the best return on investments at 13.6%. Despite having the highest average net worth at $905 million, athletes only manage a modest 9.84% return on investments, while social media influencer Bella Poarch leads among females with a 51% return on net worth.
On an average, celebrities allocate about $38 million per investment venture, with a noteworthy one-third boldly investing over $100 million in a single business endeavor. As we approach the final weeks of 2023, FOREX.com embarked on a mission to identify the ultimate celebrity investor of the year.
Employing financial and trading expertise, the analysis delved into celebrity investments spanning luxury properties, business ventures, intellectual property, financial instruments, and collectibles, revealing the diverse landscape where these influential figures strategically deploy their financial resources.
Babyface, the acclaimed singer and songwriter, boasts the highest return on net worth, an impressive 134.40%. In contrast, despite having the highest average net worth at $905 million, athletes exhibit a more modest 9.84% return on their investments. Additionally, YouTubers emerge as the most lucrative, securing the best return on investments at 13.6% net worth, while social media influencer Bella Poarch leads among females with a notable 51% return on net worth.
Top Celebrity Investors of 2023: Unveiling the Financial Wizards
Topping the list is the 90s superstar, Babyface (Kenneth Brian Edmonds), renowned for his illustrious career as a singer and songwriter. With a net worth of $250 million, Babyface boasts an extraordinary 134.40% return, surpassing the average return of 13.51% for singers. His diverse investment portfolio includes over 20 global properties, a $7 million New York residence, a $3 million Paris mansion, and a collection of luxury vehicles, including a Bugatti Chiron worth $3 million.
Securing the second position is the TikTok sensation Chase Hudson, known as Huddy, with a net worth of $11 million and an impressive 68.70% return. His investments in real estate, particularly a $9 million 6-bedroom luxury home in California, and a collection of luxury vehicles, including a $590,000 Ferrari F8, showcase his financial acumen at a young age.
The iconic musician Billy Joel claims the third spot, boasting a net worth of $230 million and a 52.20% return. Beyond his musical achievements, Joel’s investment strategy includes a vast real estate portfolio, featuring a 14,000 square-foot mansion in New York, a Manhattan apartment, and diverse ventures such as his record label, publishing company, stocks, and more.
From real estate to luxury vehicles, NFTs, cryptocurrency, and stocks, these celebrities have strategically diversified their portfolios. Logan Paul, Bella Poarch, and Gordon Ramsay, among others, have carved out niches in various sectors, each contributing to their impressive returns on net worth.
Financial Prowess of YouTubers: A Deep Dive into Celebrity Investment Returns
YouTubers emerge as the financial frontrunners, generating a remarkable average return of 13.60% on their net worth. Despite starting with comparatively lower net worth figures, YouTubers showcase their financial prowess by outperforming other celebrity categories, especially comedians, who exhibit the lowest average return at 6.62%.
The study, encompassing 233 celebrities, underscores the financial acumen of YouTubers, who, despite their initial financial standing, surpass industry averages with a substantial margin. This revelation sheds light on the evolving landscape of wealth generation. In contrast, despite boasting the highest average net worth, athletes fall behind in the realm of investment returns, with a below-average return of just 9.84%.
The data not only positions YouTubers as leaders in the realm of investment returns but also highlights the resilience and adaptability of digital influencers in navigating the complexities of wealth creation. With a combination of entrepreneurial skills, diverse content creation, and strategic financial decisions, YouTubers have carved a niche for themselves, showcasing that success transcends traditional wealth metrics.
Despite the opulence associated with athletes and their towering average net worth figures, the study exposes a nuanced reality—their returns on net worth remain below par. This dichotomy prompts a closer examination of the financial strategies employed by athletes and unveils potential areas for improvement.
HedgeThink.com is the fund industry’s leading news, research and analysis source for individual and institutional accredited investors and professionals