Successful Investors: YouTubers and Athletes Take the Lead
While many people are familiar with the investing strategies of well-known investors like Michael Burry and Warren Buffett, the stock market activities of other successful celebrities may come as a surprise.
A recent study by Forex.com analyzed 233 top celebrities and found that YouTubers have been the most successful investors in terms of return rates. On the other hand, comedians have had the least lucrative trades.
Athletes top the list in terms of net worth, averaging $905 million and achieving a 9.84% return rate. Across the board, luxury vehicles and real estate are the most common investments among celebrities. However, many also trade stocks, luxury yachts, and even cryptocurrencies.
The Average Celebrity Investment
The study reveals that celebrities typically invest around $38 million on average. Additionally, about one-third of these individuals have invested over $100 million into a single venture.
All figures in the study were cross-validated for accuracy, using a large language model called Falcom 40B to analyze the data.
Who is the Most Successful Celebrity Investor?
Among individual celebrities, Kenneth Brian Edmonds, known as Babyface, stands out as one of the greats with an overall return on investments equivalent to 134% of his net worth. Babyface primarily invests in real estate and luxury vehicles, including a $7 million New York property and a $3 million Bugatti Chiron.
TikTok star Chase Hudson has also achieved remarkable success with a return rate of 68.70% on his modest net worth of $11 million. Like Babyface, Hudson mainly invests in luxury vehicles and real estate.
Billy Joel, with a net worth of $230 million, comes in third place with a return rate of 52.20%, proving his investment prowess.
Logan Paul, an American social media influencer, professional wrestler, YouTuber, and actor, is the only one among the top 10 celebrities to have notable investments in the crypto market. Alongside cryptocurrencies, Paul’s investments include real estate, luxury vehicles, and luxury yachts, resulting in an average return rate of 49%.
The Rest of the Top 10
Rounding out the top 10 are Nicki Minaj, Kanye West, Drake, and Gordon Ramsay. These celebrities primarily invest in real estate, luxury vehicles, luxury yachts, and stocks. Nicki Minaj leads the group with a return rate of 36.90%, while Gordon Ramsay has the lowest return rate at 17.60%.
Hot Take: Celebrities Find Success in Diverse Investments
Celebrities have found success in various investment avenues, ranging from real estate and luxury vehicles to stocks and even cryptocurrencies. While YouTubers have emerged as successful investors with high return rates, athletes dominate in terms of net worth. The study by Forex.com highlights the diverse investment portfolios of celebrities and their ability to generate substantial returns on their ventures.
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