No is not a word, it is a complete sentence, which inferences with the faulty wealth management system of a celebrity. Sites like celebritynetworth.wiki provides information related to the quantifiable net worth of a celebrity. But what makes a celebrity infinitely controllable to control what can reach infinity? It is his efficient management of wealth.
The need of the hour: Smart decisions
A star says to a manager, “Hey I want to buy a Mini Cooper”, which might be worth more than his assets. A seductive mainstream peeps may be wanting to say “yes” to everything what a star says or desires for, there has to be individuals, or persons, or even agencies who or which can aim to limit the spending of a celebrity.
A smart answer to the above question by his or her client would be, “You are a Hollywood dude who needs to stay in and in out, driving in the busy streets of Florida. You should buy a Mercedes instead.” See what the manager did here. He outwitted his client and gave him an actual logic, besides stating “no”.
Managers as the low profile catalysts behind celebrity net worth
Scott Feinstein is a business manager, who’s had experiences managing popular TV stars, has stated that episodes in a show range at an average 20 to 25 in number in a calendar year. To match with their names, they claim desire in front of their managers, willing to buy multi-million dollar houses. But faulty decisions tend to drastically diminishing a celebrity’s net worth, hampering his public image and many celebs such as Nicolas Cage had to engage in lawsuits against their managers, attaining unnecessary hassles and a hampered status that a star expects to maintain.
Therefore, be it a celebrity or a guy like you and me, net worth proportionate business, creating assets and reducing liabilities.