Celebrities are generally both rich and famous. However, many acquired some of their fortunes outside of the activities that made them famous. Check out these cases of celebrities who made money on side gigs and some tips for learning from them.
Tobey Maguire
Tobey Maguire is well known for his role as our beloved New York City-based superhero, Spiderman. Though he earned some fame a bit earlier for his roles in Wonderboys and Seabiscuit, it is difficult to top a role as legendary as that of Spiderman.
While this actor has made tons of dough starring in blockbuster films, he has also been able to rake it in with his side hustles. Tobey Maguire is apparently a very talented and skilled poker player.
Over a few years between 2006 and 2011, Maguire reportedly made roughly $40 million high stakes poker games. He then faced a lawsuit from the other losing player who claimed that because the games were unlicensed, the loser should not have to pay.
Robert De Niro
Robert De Niro is one of the world’s most respected actors. Having won two Oscars for his roles in Godfather II and Raging Bull, this is a name that we associate with the very best in the art of acting. On six additional occasions, he was nominated for Best Actor at the Oscars. These accolades span more than four decades of acting success.
What you might not know about De Niro us that he has also made money by investing in high-end restaurants throughout the country of Japan. The famous Japanese chef Nobu Matsuhisa and De Niro have teamed up to found Nobu. It is a worldwide brand, worth more than $500 million. That would pad anyone’s wallets.
Want to Follow in Their Footsteps?
Celebrities inspire us in many ways. Whether it is their artistic talent, their lifestyle, or their charitable activities, we all have idols that we look up to. We can also learn from them when we want to shore up our personal finances. Here are a few tips to making sure you do this in the right way, as we combine risk and reward in the smartest way possible.
Take Necessary Precautions
When imitating big-name celebrities, we can sometimes get carried away. This is why it is a good idea to listen to experts and take necessary precautions before throwing ourselves into the mix.
If you want to imitate Tobey Maguire’s poker wins, you should get advice on safe and fair online casinos. For example, this guide to the best Arabic online casinos in 2022 is a good place to start. They choose safe sites and show you how to make deposits using virtual private networks. Their help does not stop there! They also show you how to make the most out of available casino bonuses and live dealers.
Similarly, if you are more inspired by the story of Robert De Niro, with the culinary expertise of a famously delicious nation, then you will have quite a bit of important research to do there as well.
You should research how investing practices work, along with your various options. Then, get to know the sector into which you are investing. Here, it helps if you follow your passion, thus saving you quite a bit of time and making the whole thing more fun.
Whether you are following in the footsteps of Maguire or De Niro, it is a good idea to do the necessary research, so that you can see your bottom line going up, up, and away!
Know Your Limits
While we can be inspired by celebrities, we should also know our limitations. While the sky is the limit when we dream and fantasize about the future, there is nothing we can do about the past. For celebrities that were born into wealth, well, it is difficult to try to emulate that for the rest of us.
This does not mean that we have to cut down on our dreams. With luck, hard work, and determination, one can reach truly surprising heights. Rather, it means that we should be realistic with our personal finance goals and understand that if we want to reach them, we have to go on the full journey. There are no shortcuts here!
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