Celebs & Money
50 Cent smacks down Taco Bell for stealing his image
Filed under: Celebs & Money
Pity clueless musicians who spend more time on their music than their image. If they want to be rich, really rich, they should follow the model of one of rap's richest stars, Curtis James Jackson III, a.k.a. 50 Cent. He may have gained his fame at the microphone or by receiving nine non-fatal gunshots, but his $400 million-plus fortune comes from another source: endorsements. Taco Bell, which attempted to use his image without paying him for it, has found just how jealously he guards his money-maker image.In 2008, Taco Bell publicly asked 50 Cent to consider changing his name to 79 or 89 or 99 Cent, to promote the chain's "79-89-99-Cent Why Pay More?" campaign. The company even sent copies of the request letter to news outlets, as well as the artist.
"Blade" files appeal in Atlanta
Filed under: Tax, Celebs & Money
The Wesley Snipes show was back in federal court in Atlanta, Georgia. The actor, however, was noticeably absent as his attorneys did the talking.Snipes, who was sentenced to a maximum three years in federal prison for his convictions on tax evasion charges in April 2008, had vowed to appeal and on November 20 his attorneys made oral arguments in appellate court. The appeal focused on two issues: that the three year sentence was "unreasonable" and that the actor should have been granted a pre-trial hearing to decide whether his trial should have been in New York instead of Florida.
Oprah retiring? Not likely
Filed under: Extracurriculars, Wealth, Celebs & Money
The Queen of daytime talk shows has announced she is calling it quits after 2010. Oprah says, "ending the show feels right in my bones." She goes on to further explain how next season, the 25th, will be bigger and better than ever as she says goodbye to her fans.What Oprah has "right to the bone" is an entrepreneurial talent to know how to maximize the bucks. She is able to get tons of publicity and interest by announcing the end of the show, thus guaranteeing good ratings and exposure for the Oprah brand. Oprah has amassed a large fortune with her company Harpo Productions, (Oprah spelled backwards), and is one of the richest people in the world, with a rating of 234 on Forbes Billionaire List.
Oprah took a fledgling local show and launched The Oprah Winfrey Show in 1986. Her show is now seen in 144 countries and brings in 44 million US viewers each week. Her production company, Harpo produces Dr. Phil, Rachael Ray, and is adding a show hosted by frequent guest Dr. Oz. She partnered the Oprah Winfrey Network with Discovery with a launch set for late 2009 or early 2010. And Harpo Films just inked a cable deal with HBO after 15 years at ABC.
On board the new Oasis of the Seas: Is it worth the money?
Filed under: Bargains, Extracurriculars, Transportation, Travel, Celebs & Money, Economizer
So here I am, writing this from off the coast of Florida as part of the first two-day preview cruise of the magnificent Oasis of the Seas. Royal Caribbean has launched the largest cruise ship in the world, a towering dagwood of action-packed decks and over-the top superlatives: longest cruise ship, widest cruise ship, tallest cruise ship, heaviest cruise ship.And as of today, the coolest cruise ship. Rihanna was on here yesterday, and I'm told Richard Branson has come and gone, too. By now, most of America has seen the particulars of this gargantuan, billion-dollar chunk of devil-be-damned engineering. Here on board, one of the stateroom TV channels plays, on a loop, the segments of yesterday's Good Morning America in which Sam Champion and his crew romped around the Aqua Theatre, the Solarium, the cocktail bar that rises and falls between three decks (pictured above), the huge Central Park and Boardwalk atriums (atria?) that carve an airy middle into the ship.
The ship is, simply put, astounding. I have never seen anything like it in my years of cruising. It took me about six hours to explore fully from Deck 3 (the Studio B ice rink) to Deck 17 (the stunning, and ridiculously expensive, duplex loft suites with two-story sea views). There's nearly no way to take in the enormity of the endeavor. If you could pack a small shopping mall together with a 2,400-room resort and send it off to sea, you might start coming close (one cynic described it as "a hotel on a barge," which omits the considerable frills and dazzle), but you'd still have trouble wrapping your head around it all.
It is so big as to be humbling, and sometimes, that makes it a little frightening. As we left Port Everglades in Fort Lauderdale, a police boat rushed a smaller craft that was approaching us and warned its captain to back off, as it was entering "restricted waters." Something this big and this audacious would be an obvious target, and local police are clearly taking no chances.
Royal Caribbean, ever adept at cleverly harnessing social media (remember that unfortunate recent case in which it was nabbed giving freebies to people likely to populate user-review boards with praise?), has invited large numbers of journalists, travel agents, and VIPs to take part on two, back-to-back, two-night cruises. Attending for WalletPop, I'm on the first one. For this run only, alcohol is free.
There were some early reports this week that the line would be, in effect, bribing the press for good stories by plying them with booze and by giving them stuff that will actually cost passengers on "real" sailings. Although alcohol is free, I can't say I've seen this accusation to be the case, and the crowd is a lot less drunk than it was for a paid sailing on the Carnival Dream a week ago. Not everything is handed out: I've had to pay for things such as a $2.50 coffee on the Royal Promenade or $2.50 for a hyper-sweet cupcake from its on-board cupcake shop. Whenever anything is offered to us, I ask what the price will be for paying customers.
Again and again, the answer I get tells me that many of the things we're getting are included in the fare anyway. That includes midnight pizza at Sorrento's, afternoon burgers at Johnny Rocket's, and twilight doughnuts on the Boardwalk (where there's a working carousel), and even rides on one of the twin FlowRider sheet wave machines, provided you can score a time slot. So although Royal Caribbean is pioneering obnoxious fees such as surcharges for late-night room service and hefty upcharges for the privilege of eating better food than its main dining regularly serves, I can't say it's using the launch of the Oasis to foist a lot of new ones on us.
There are some issues, of course. The first is lines. Royal Caribbean was wise enough to only pack this ship about half-full, which means we're all likely to get into the shows we want to see and we won't write reviews complaining about crowds. When it's full of paying guests, though, you'll have to make many of your reservations online or in a queue, adding another layer of hassle to what's supposed to be your break from it all. I also suspect the main pool area, on Deck 15, will not be able accommodate everyone who wants to swim. On balance, though, this is a pretty dazzling achievement, and diversion is around every corner.
When I see a ship as marvelously bloated as this one, I have to separate my sense of travel snobbery from my admiration for what Royal Caribbean has done here. I can't deny that passengers who immerse themselves in this floating circus might as well not be at sea at all. It's less a ship than a floating resort, and most of the passengers seem to be hanging out below decks than enjoying the sun and the sea.
Today, while I was having lunch in the Windjammer Marketplace buffet on Deck 16, I looked down at the smooth blue water to see dolphins playing alongside the ship. While I was admiring that sight, the couple behind me was engaged in a lively debate about the quality of this buffet compared to those on other ships. They were oblivious to their surroundings. It's typical of the attitude on board the Oasis, which is so loathe to share any glory with the oceans than most of its vantage points over the seas are sheathed in glass.
That's all right. This ship is a product, and whether you're a theatre reviewer or a travel writer, you have to remember the audience for whom you're reviewing the product. This audience is agog. I myself can't help but be impressed. For the next year or so, until its sister ship the Allure of the Seas matches her feats, this will be the ship to book, and rates are likely to be at around $150 a night or more (I wrote about upcoming deals to be had that were even better). I can't say that if I paid that price, high for the industry right now, that I would ever find that I was feeling ripped off.
Now that I've seen this ship, though, I might consider any other vessel that dared to charge me so much would be a rip. In this way alone, the Oasis may have changed the industry: It will be difficult for less exuberant ships to charge the same price, and if they do, they'll have to find some other hook, be it a boast about smaller crowds, better food (Royal Caribbean's food is not widely considered its strong point), Mickey Mouse appearances, or larger cabins. The sheer magnitude of the Oasis, its biggest selling point, will also be the very thing that convinces some customers to choose a sailing with more modesty.
And more importantly, remember that traveling is not always the same thing as vacationing. Not everyone wants to engage with other cultures; for many people, the floating fishtank of a cruise ship is all the exploration they need. The Oasis is a fabulous vacation machine, but it's about the universe it has created for itself, not about its place in the outside world. In that, it's a home run.
More video to come! We're bringing you a second video shot all over the Oasis of the Seas, this time discussing lots of the extra charges you'll face every time you book a cruise. Check back for that!










IRS still not done with Girls Gone Wild founder Joe Francis
Filed under: Sex Sells, Tax, Celebs & Money
Earlier this month, Girls Gone Wild promoter Joe Francis plea-bargained his way out of a possible prison sentence for charges related to filing false tax returns. By pleading guilty to filing false tax returns and bribing Nevada jail workers, Mr. Francis was sentenced to time served and one year of probation, according to the Los Angeles Times. Initially accused of taking $20 million in fraudulent tax deductions, Francis ended up pleading guilty to a misdemeanor, the newspaper reported.
"It took us seven months, but in the end we demonstrated that the felony tax charges never should have been brought in the first place," Brad Brian, Francis' lead trial attorney, said in a statement.
But now the IRS is back for more.
Sarah Palin's stylist speaks out
Filed under: Shopping, Celebs & Money
In case you've been living under an enormous, soundproof rock this week: Sarah Palin is back. And she's everywhere you turn, promoting her tell-all biography, "Going Rogue," and addressing the hot-button subjects of Levi Johnston, Katie Couric and the infamous hundred-thousand-dollar wardrobe.Concerning that last subject, the New York Times turns to a voice that we actually haven't heard before: the fashion stylist who engineered Palin's campaign trail wardrobe. In a fascinating sitdown, Lisa Kline explains away some of the bills.
Rod Stewart gets served
Filed under: Celebs & Money
It's a good thing Rod Stewart appears to be ageless. If a prominent entertainment law firm has its way, Stewart -- who can't seem to avoid lawsuits -- is going to need to keep on rockin' for several years in order to pay off a lawsuit.Tuesday, the firm Glaser, Weil, Fink, Jacobs, Howard & Shapiro filed a $3.3 million lawsuit against the British crooner, claiming he owes them for work on three cases.
One of the cases involved Stewart's cancellation of a December 2000 show in Las Vegas. If that case's outcome is any indication of Stewart's luck in court, he better be prepared to whip out his checkbook. A federal jury decided in favor of the Rio hotel-casino, awarding a $2 million settlement for the canceled show.
The phrase "you've been served" is a familiar one in the Stewart family. In 2007, Stewart's son Sean was sued for "shock, horror, fright, worry, grief, shame, embarrassment, anger, chagrin and nausea" experienced by Toluabus and Ericka Stein. Sean Stewart also did a stint in the slammer in 2002 for drug and assault charges.
Nelson George on "Good Hair" and BlackAtlas.com
Filed under: Travel, Celebs & Money
Nelson George, executive producer of Chris Rock's controversial documentary now out in theaters, "Good Hair," talks about how the film exposes the global business and religious resources behind popular black hairstyles. Watch the video interview with George, an esteemed cultural critic, to find out why Beyonce has a religious ceremony in India to thank for her hair extensions.George is also busy launching BlackAtlas.com, a new site funded by American Airlines that provides tips and personal insight about touring the world, from an African-American perspective. BlackAtlas highlights the hottest destinations in the world, pointing out stores, hangouts, beauty salons (for the good hair) that black tourists should be aware of in planning their trips.
Design simply! It costs less and lasts longer, says Michael Moloney
Filed under: Home, Celebs & Money, Video
Michael Moloney, the prolific Extreme Makeover: Home Edition designer, recently contacted WalletPop by Skype to divulge a few choice tips for renovating your home on a budget. One of his essential suggestions: When you've got no money to transform your surroundings, you can achieve a dramatic effect by simply painting them.Moloney's ideas were so good that this week, in advance of Sunday's episode on ABC featuring country music ditz Kellie Pickler, WalletPop's Jason Cochran wanted to talk with Moloney again to get more. Today, Moloney has a few words for all the people who pester him on the street to ask him to work his magic on their own houses.
Nicolas Cage owes IRS $6 million
Filed under: Real Estate, Bankruptcy, Celebs & Money
A funny thing happens when checks stop rolling in. You don't have any money. That scenario is becoming reality for yet another Hollywood A-lister, Oscar winner, Nicolas Cage, whose movies have failed to produce box-office hits. Or a lot of royalty dough.
But Cage, who owes a reported $6.3 million to the IRS, isn't blaming his professional choices (or acting ability) for his cash crunch. Instead, he's suing his financial adviser, citing he's to blame for the actor's money woes.
On Oct. 16, Cage filed a lawsuit claiming his longtime business manager Samuel J. Levin "lined his [own} pockets with several million in business management fees while sending Cage down a path toward financial ruin." Cage claims he didn't realize he was in such a deep financial hole until earlier this year, when the sell-off began.
Rapper 50 Cent has recession advice for Obama: Don't buy too many diamonds
Filed under: Budgets, Shopping, Celebs & Money
Last week it was Pamela Anderson. Now, there's news that the recession has affected another one of the entertainment world's shiniest stars. Rapper Curtis Jackson, a.k.a. 50 Cent, has confessed he's lost "a few million" of his estimated $442 million estate.
A move that's prompted his sharing some financial tips.
Stay in school? Slumdog stars risk losing trust fund, apartment, more
Filed under: Kids and Money, Celebs & Money
Sweet, saucy, and from the slums, Rubina Ali and Azharuddin Mohammed Ismail both went from wretched poverty to international fame after starring in the 2009 Academy Award winner for Best Picture and Best Director, Slumdog Millionaire. But they just won't go to school, even though the movie's producer and director got the young stars placed in a Mumbai school and paid their tuition until they turn 18... and even though they've set up a trust that's dependent on the children attending school for the next seven or eight years.
Ali, 10, and Ismail, 11, have average attendance of about one in three days, and though Slumdog producer Christian Colson and director Danny Boyle have urged their parents to accept their offer of apartments outside of the slums, only Ismail's mother has taken the moviemakers up on their offer.
Levi Johnston cashes in on fame by stripping for Playgirl
Filed under: Sex Sells, Celebs & Money
Looks like Levi Johnston is grabbing headlines once again. The teen famous for fathering Sarah Palin's grandson is spending hours in the gym beefing up for his Playgirl photo shoot.
Men do it, too.
What do Marilyn Monroe, Anna Nicole Smith and Holly Madison all have in common? They've all used their sensuality and sexuality to make money. And in doing so, they've all - at one time or another - been dubbed "bimbos" and "cheap".
But these babes, and women in general, haven't cornered the market on selling their sex-appeal.
Guys are also famous for baring it all and cashing in on their sexuality. Men have cast gazing glances and "made love to the camera" for decades. Errol Flynn and Rudolph Valentino weren't shamed by their sex appeal. They weren't called "bimbos" either.
David Spade apologizes, sort of, for exploiting his dead buddy
Filed under: Charity, Relationships, Consumer Complaints, Celebs & Money, Ad Rant
When David Spade's tasteless DirecTV ad went out in late October, it was immediately hit with a hail of criticism.Writers, including our own Jami Bernard, were quick to point out that the commercial, which used footage from 1995's Tommy Boy, essentially came off as a cruel and shameless exploitation of deceased actor Chris Farley.
Although Spade has repeatedly stated that he considered the commercial a tribute to Farley, he recently told People magazine that "The movie is important to me, and I would hate to offend [anyone] because that's one of my favorite things I've ever done. So I would apologize to someone who took it that way." He went on to state that "I wouldn't want anyone to get a whiff that I'm trying to get something off Chris."
As Bernard pointed out on WalletPop, the Farley estate was complicit in the ad. Farley's brothers have already received $25,000 for a billboard bearing his likeness; presumably, they accepted a lot more cash for this ad.
Extreme Makeover's Michael Moloney: If you can't afford to renovate, then edit
Filed under: Home, Saving Money, Simplification, Celebs & Money, Video, Economizer
Taking off from the show's episode this Sunday, in which a family's plans to build their dream home are derailed by a freak accident, Moloney calls in to WalletPop's studios to talk with Jason Cochran about the things you can do if you find you can't afford that dream makeover anymore.
You can whittle down the things you already own. You can freshen things up by moving your stuff all around the house to new locations. Or, if you have $14 left in your pocket by the 31st, you can give any room a dramatic new look with one simple solution.
Watch our conversation with the design whiz below. You can also watch our conversation with music star Xzibit, who is making his second appearance on the show this weekend as he pitches in to help another needy family.


