Personal finance: How to save, spend, and think rationally about money
Whether you have a lot of money or a lot of debt, it matters how you handle your personal finances. A crucial step when it comes to saving is to reassess your relationship with money and to learn to adopt a broader, more logical point of view. In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money. It all starts with education and understanding. The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 List Price: $13.49 New From: $9.44 in Stock Used From: $6.00 in Stock
2026-09-02T14:44:13Z
The music legends who turned fame into fortunes
For a select group of music legends, extraordinary talent has translated into extraordinary wealth. Some artists have built billion-dollar fortunes while still at the height of their careers, using smart business ventures, valuable catalogs, and global brands to turn fame into lasting empires. Others left behind estates that continued to grow long after their deaths, with music rights, publishing deals, and carefully managed assets generating millions for decades. From Dr. Dre and Jay-Z to Taylor Swift and Rihanna, and from David Bowie and Elvis Presley to Michael Jackson, these are the artists whose music and business moves have created some of the biggest fortunes in the industry. Becoming a billionaire in the music industry is incredibly rare, but a select group of artists have managed to use their fame to amass massive fortunes. Dr. Dre is the latest name to be added to the list: The hip-hop icon, born Andre Young, recently joined the Forbes Billionaires list, cementing his place alongside industry giants. Young went from being a founding member of the hip-hop group NWA to producing legends like Eminem and 50 Cent, laying the foundation for his success, although it was his business moves that truly changed the game. Co-founding Beats Electronics and later selling it to Apple for $3 billion proved to be a turning point. He even once proudly told Forbes, “I don’t chase money, I try to make the money chase me.” Dre now joins Jay-Z as only the second hip-hop billionaire on Forbes’ list. Jay-Z built a $2.5 billion empire through ventures like Roc Nation, luxury champagne, and investments in companies like Uber. Then there’s Rihanna, whose fortune largely stems from her Fenty Beauty brand, which she launched in 2017. The brand is widely credited with reshaping the beauty industry by setting a new standard for inclusivity, offering an unprecedented 40 foundation shades at launch and pushing competitors to expand their ranges while embracing more authentic representation. Others have taken different paths. Taylor Swift became a billionaire largely through music itself, driven by the massive success of her record-breaking Eras Tour, which generated over $2 billion in ticket sales worldwide. On top of that, in May 2025, she announced she had repurchased her recordings from Shamrock Capital, the private equity firm that had acquired them from Scooter Braun in 2020. Iconic artists never really leave us. Through their music and the business built around it, their legacies keep growing long after they’re gone. From smart financial moves to carefully managed brands, these are the biggest artist estates of all time… David Bowie was thinking ahead long before most artists even considered it. At the time of his death, his estate was already structured for longevity, thanks in part to the creation of Bowie Bonds. By selling future royalties for an upfront $55 million, he regained control of his work and set the stage for long-term value. In 2022, his estate made another landmark move, selling his entire publishing catalog, which spans 26 studio albums, to Warner Chappell Music for an estimated $250 million. Today, his catalog remains a major asset and continues to generate significant income. Elvis Presley turned fame into an empire that never really slowed down. Decades after his death at just 42-years-old, his estate still brings in tens of millions each year. Between steady album sales, a long list of film appearances, and the enduring pull of his home, Graceland, his presence has remained constant in pop culture. John Lennon represents a different kind of legacy, one shaped as much by careful stewardship as by cultural impact. With The Beatles’ staggering global sales as a solid foundation, his estate has continued to grow through a mix of music rights and smart investments. Under his wife, Yoko Ono's direction, it evolved into a steady, diversified business that still generates over $12 million annually. Topping the list, the king of pop, Michael Jackson, remains unmatched. Despite being declared bankrupt at the time of his death, his estate was transformed into a powerhouse. Major record deals, high-value publishing rights, and continued releases have kept his name generating enormous revenue year after year. In 2024, the estate took a major step by selling half of its music catalog, including publishing and recorded masters, to Sony Music Group for roughly $600 million. The deal values Jackson’s total music catalog at over $1.2 billion, securing his place as the most profitable artist estate of all time. Freddie Mercury remains at the center of one of the most valuable music legacies ever assembled. In 2024, Sony Music reportedly acquired Queen’s catalog and related rights for around 1.27 billion dóllars, in a deal covering recorded music, publishing, merchandise and other commercial opportunities.
2026-09-07T15:42:06Z