Nathanial Mayweather
Gay For Pay
Registered: 08/30/07
Posts: 1045
Loc: Putting the POW in powerbottom...
Quote: Luke Ford posts: "Lori (Michaels) left 3.7 million to her three little nieces and one nephew."
How many pornstars actually manage to become millionaires? How do they accomplish that?
First of all, until somebody like Luke Ford, Mike South, or AVN verify with the alleged lawyer that this chick is actually dead I would call any alleged "wealth" suspect at best. But the figure given isn't all that surprising. Investing in land is a no brainier and "millionaire" isn't that esteemed of a status in todays world. The fact is that their are more "millionaires" in the United Stated today than ever before.
My grand parents owned a Farm/Ranch of 600 acres and retired in 1980. At the time he had about 500,000 in the bank and sold his land for 300,000. My grand father passed along 15 years ago and My grandmother lives comfortably on what ever she has in her bank. She still owns 100 acres of land and somebody offered her mill or that. (all my Aunts and uncles seemed keen on her keeping it) Further more, just last year VERIZON offered to lease the 3 acres her house is on so they could put up a Wireless tower for 20 years there. They offered her 200k. If Lori were in fact dead she would only have had to buy ANY type of real estate to have accumulated a nice nest egg.
It should actually be an easy task for A named Porn star. Putting it on contemporary Terms. Established Performers Like Jenna Haze, Gina Lynn, and others on that level should come across substantial incomes with their Scenes, public appearances, feature club dancing, and various other net sources(ESCORTING>>>WINK>>>WINK).
How many of today's stars that are considered hot( Amy Reid, Bree Olson,)can reach that same level?
I remember a few yeas ago when Asia Carrera was all the rage for her "investing strategy" but that was the day of the "day trader tech stock luck boxes". They were "TRADERS" not "INVESTORS". When her hubby kicked the bucket recently she was all a muss about her pending financial demise and was BEGGING FOR DONATIONS ON HER SITE. It was only some "forgotten" life insurance policy that saved her from becoming a homeless waif(Nahh..she would have made a "comeback" and rented out her panache for Bella Models or something)
Lets face it, the phenomena that WAS Jenna Jameson is just not likely to happen EVER AGAIN. Today's market more than ever is flooded with fly by night "talents" that get sucked dry and have their bones picked clean by the industry in just weeks. So if a "smart" person like Asia Carrera could so poorly manage her income then to days girl like Mia Rose shouldn't have a prayer.