Celebrity Net Worth: Who ended 2022 as the world's richest entertainer?


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Billionaires lost a lot of money in 2022. Whether it was people who count their wealth in the billions or those with significantly fewer dollars to their name, fortunes were hit by a perfect storm of wealth-correcting factors this year.

High inflation and recessionary tendencies were made worse by a rough year for stock markets and trade and energy market contractions on the back of the war in Ukraine.

Overall, the global population of ultra-high net worth (UHNW) individuals — defined as those with a net worth of $30 million and above — dropped 6 per cent in 2022.

At 392,410 individuals, that is a sharp reversal from 2021’s record highs and the first decline since 2018, according to the World Ultra Wealth Report 2022 from information tracker Altrata.

After historic highs in recent years, the combined fortunes of the UHNW population fell by 11 per cent to $41.8 trillion.

Wealth erosion was most visible at the top of the tree, affecting the likes of Bernard Arnault, Jeff Bezos, Elon Musk and Mark Zuckerberg. But as our year-end look at the famous and their fortunes shows, celebrities were not immune to the downturn either.

Whether the trend continues into 2023 will bear watching. For now, here is a look at the richest celebrities at the end of 2022.

US film director Steven Spielberg ends the year as the richest person in entertainment, taking the top spot from friend and former rival George Lucas. AFP
US film director Steven Spielberg ends the year as the richest person in entertainment, taking the top spot from friend and former rival George Lucas. AFP

1. Steven Spielberg

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Although Steven Spielberg lost $850 million in 2022, he ends the year as the richest person in entertainment, taking the top spot from friend and former rival George Lucas.

The Schindler’s List director, 75, now has a net worth of $7.25 billion, according to Bloomberg’s real-time Billionaires Index. That is 10.5 per cent down from last year.

He is the principal partner of the movie production company DreamWorks Studios. His films, including Jaws, Jurassic Park and Saving Private Ryan, have grossed more than $25 billion at the box office.

Last year, his Amblin Partners production company agreed on a multi-year film production deal with Netflix.

Spielberg’s annual income is $150 million, according to wealth tracking website Celebrity Net Worth.

With his wife, actress Kate Capshaw, he has more than $200 million invested in property.

George Lucas, the creator of the Star Wars and Indiana Jones franchises, saw his net worth decline by a nearly a quarter to $6.47 billion at the end of 2022. AP
George Lucas, the creator of the Star Wars and Indiana Jones franchises, saw his net worth decline by a nearly a quarter to $6.47 billion at the end of 2022. AP

2. George Lucas

As in 2021, Lucas is on the list of billionaire celebrities this year. The creator of the Star Wars and Indiana Jones franchises saw his net worth decline by nearly a quarter to $6.47 billion at the end of 2022, Bloomberg data shows. That is down from $8.32 billion last year.

The filmmaker’s fortune stems principally from the $4.1 billion he received in stock and cash for the sale of his Lucasfilm production company to Disney in 2012.

Now largely retired, Lucas, 78, focuses on philanthropy and his family’s charitable foundation has more than $1 billion in assets.

Oprah Winfrey ends the year with a net worth of $2.5 billion, according to Forbes magazine. AFP
Oprah Winfrey ends the year with a net worth of $2.5 billion, according to Forbes magazine. AFP

3. Oprah Winfrey

Also seeing a 10 per cent drop in her total net worth is Oprah Winfrey, one of the world’s richest self-made women.

The media mogul, 68, ends the year with a net worth of $2.5 billion, according to Forbes. Her net worth last year was $2.7 billion.

Her wealth is derived from her media empire, including Harpo Productions and O, The Oprah Magazine.

While she ended her Oprah Winfrey Show in 2011, she continues to do TV interviews, including for Apple TV+.

Michael Jordan is one of the few celebrities to grow his wealth to $1.7 billion, from $1.6 billion at the end of 2021, according to Forbes. AFP
Michael Jordan is one of the few celebrities to grow his wealth to $1.7 billion, from $1.6 billion at the end of 2021, according to Forbes. AFP

4. Michael Jordan

With a net worth of $1.7 billion, Michael Jordan is the richest athlete on our list this year. He is one of the few celebrities to grow his wealth from $1.6 billion at the end of 2021, according to Forbes.

Often called the greatest basketball player in history, Jordan’s salary during his career totalled $90 million.

He has also earned $1.8 billion in pre-tax income from endorsements and partnerships.

Jordan, 59, also owns the Charlotte Hornets basketball team, baseball team Miami Marlins and Nascar team 23XI.

As an investor, he has put money into technology companies, including headphone brand Muzik, projects builder Gigster and eSports company aXiomatic.

Film director Peter Jackson became a billionaire after last year’s sale of his visual effects studio Weta Digital to US video game company Unity Software for $1.62 billion. AFP
Film director Peter Jackson became a billionaire after last year’s sale of his visual effects studio Weta Digital to US video game company Unity Software for $1.62 billion. AFP

5. Peter Jackson

Rounding out this year’s triumvirate of billionaire filmmakers is Peter Jackson.

The Lord of the Rings director became a billionaire after last year’s sale of his visual effects studio Weta Digital to US video game company Unity Software. The deal was worth $1.62 billion.

Jackson’s net worth is estimated at $1.5 billion by Forbes.

The New Zealand national, 61, made $10 million upfront for each of the three Lord of the Rings films, as well as at least another 10 per cent in box office profits, the magazine reports.

The series grossed nearly $3 billion in box office takings.

The Hobbit trio of prequels took in a similar amount at the box office, with Jackson earning an estimated $20 million per film, with 20 per cent of the backend takings, according to media reports.

Rihanna is the richest musician at the end of 2022, with a net worth of $1.4 billion, according to Forbes. EPA
Rihanna is the richest musician at the end of 2022, with a net worth of $1.4 billion, according to Forbes. EPA

6. Rihanna

Rihanna ends 2022 as the world's the richest musician with a net worth of $1.4 billion, according to Forbes. That is down from $1.7 billion at the end of 2021.

The Barbados native, 34, made her name in music but her wealth stems principally from her make-up and fashion empires.

She co-owns Fenty Beauty with French luxury retailer LVMH. The cosmetics company is worth $2.8 billion, Forbes estimates.

Rihanna also owns 30 per cent of the Savage x Fenty lingerie line, which was valued at $1 billion during a fundraising round in 2021.

Although Jay-Z hasn’t had a major release or tour in 2022, sales of his beverage brands have kept his income levels high, according to Forbes. AFP
Although Jay-Z hasn’t had a major release or tour in 2022, sales of his beverage brands have kept his income levels high, according to Forbes. AFP

7. Jay-Z

American rapper Jay-Z’s net worth remained largely steady at $1.3 billion over the past year.

Although he hasn’t had a major release or tour in 2022, sales of his beverage brands have kept his income levels high, according to Forbes.

The world’s first hip-hop billionaire, Jay-Z is also an active investor. His assets include entertainment company Roc Nation, stakes in Uber, rent-to-own start-up Landis Technologies and wellness device company Therabody, as well as a fine art collection and a property portfolio.

A significant portion of his wealth stems from his music career, responsible for an estimated 1 billion streams annually.

8. Cristiano Ronaldo

With a net worth estimated at $1.24 billion, Portuguese forward Cristiano Ronaldo will be one of the world’s richest footballers at the end of 2022.

He is slightly ahead of his Argentinian counterpart Lionel Messi, whose net worth is estimated at $1.15 billion.

Although Ronaldo, 37, parted ways with Manchester United before the Fifa World Cup 2022, he could soon sign a deal reportedly worth €200 million ($210.5 million) a season with Saudi Arabia’s Al Nassr football club.

The five-time Ballon d'Or winner earned $115 million in 2022, according to Forbes.

9. Tiger Woods

Golfer Tiger Woods, 46, teed his way to billionaire status earlier this year, after returning to competitive golf at the Masters in April 2022.

With a net worth of $1.1 billion, he is one of a handful of athletes in the exclusive club.

Forbes magazine puts his career earnings — in salary, endorsements and other income — over a 27-year career at $1.7 billion.

He has a line of golf irons with TaylorMade. The first golf course he designed, Payne’s Valley, opened in 2020.

American actor, director and writer Tyler Perry is estimated to have a net worth of $1 billion, according to Forbes. AFP
American actor, director and writer Tyler Perry is estimated to have a net worth of $1 billion, according to Forbes. AFP

10. Tyler Perry

American actor, director and writer Tyler Perry, 53, is estimated to have a net worth of $1 billion, thanks to the success of his Madea plays and films, according to Forbes.

The franchise has grossed more than $660 million, Hollywood trade paper Variety estimates.

Perry’s wealth stems principally from his income as a producer. He owns 100 per cent of the content he has created.

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
RESULTS

Bantamweight:
Zia Mashwani (PAK) bt Chris Corton (PHI)

Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)

Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)

Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)

Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)

Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)

Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)

Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)

Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)

Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

if you go

The flights Fly Dubai, Air Arabia, Emirates, Etihad, and Royal Jordanian all offer direct, three-and-a-half-hour flights from the UAE to the Jordanian capital Amman. Alternatively, from June Fly Dubai will offer a new direct service from Dubai to Aqaba in the south of the country. See the airlines’ respective sites for varying prices or search on reliable price-comparison site Skyscanner.

The trip 

Jamie Lafferty was a guest of the Jordan Tourist Board. For more information on adventure tourism in Jordan see Visit Jordan. A number of new and established tour companies offer the chance to go caving, rock-climbing, canyoning, and mountaineering in Jordan. Prices vary depending on how many activities you want to do and how many days you plan to stay in the country. Among the leaders are Terhaal, who offer a two-day canyoning trip from Dh845 per person. If you really want to push your limits, contact the Stronger Team. For a more trek-focused trip, KE Adventure offers an eight-day trip from Dh5,300 per person.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Company%20Profile
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Pearls on a Branch: Oral Tales
​​​​​​​Najlaa Khoury, Archipelago Books

'Midnights'
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The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

The specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 849Nm

Range: 456km

Price: from Dh437,900 

On sale: now

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
HEADLINE HERE
  • I would recommend writing out the text in the body 
  • And then copy into this box
  • It can be as long as you link
  • But I recommend you use the bullet point function (see red square)
  • Or try to keep the word count down
  • Be wary of other embeds lengthy fact boxes could crash into 
  • That's about it
'O'
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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Apple's%20Lockdown%20Mode%20at%20a%20glance
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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

UAE currency: the story behind the money in your pockets
Formula%204%20Italian%20Championship%202023%20calendar
%3Cp%3EApril%2021-23%3A%20Imola%3Cbr%3EMay%205-7%3A%20Misano%3Cbr%3EMay%2026-28%3A%20SPA-Francorchamps%3Cbr%3EJune%2023-25%3A%20Monza%3Cbr%3EJuly%2021-23%3A%20Paul%20Ricard%3Cbr%3ESept%2029-Oct%201%3A%20Mugello%3Cbr%3EOct%2013-15%3A%20Vallelunga%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

At Eternity’s Gate

Director: Julian Schnabel

Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen

Three stars

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding

Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.

Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.

Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.

For more details, email openminds@cultures.ae or visit www.cultures.ae

 

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Company%20Profile
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UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

MATCH RESULT

Al Jazira 3 Persepolis 2
Jazira:
Mabkhout (52'), Romarinho (77'), Al Hammadi (90' 6)
Persepolis: Alipour (42'), Mensha (84')

The specs

Price, base: Dh228,000 / Dh232,000 (est)
Engine: 5.7-litre Hemi V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 552Nm
Fuel economy, combined: 12.5L / 100km

The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

HOW DO SIM CARD SCAMS WORK?

Sim swap frauds are a form of identity theft.

They involve criminals conning mobile phone operators into issuing them with replacement Sim cards, often by claiming their phone has been lost or stolen 

They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.

The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.

Kanye%20West
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Updated: May 16, 2023, 11:39 AM