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Louis Tomlinson Net Worth

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Louis Tomlinson net worth: Louis Tomlinson is an English singer who has a net worth of $70 million dollars. He first became famous as a member of the singing group One Direction.

Early Life: Louis Tomlinson, also known as Louis Troy Austin, was born in Doncaster, South Yorkshire, England, on December 24, 1990, to Johannah Poulston and Troy Austin. They split when Louis was just a toddler and he is still estranged from his father. He later took on his stepfather Mark Tomlinson’s last name. He has six half siblings. He attended Hall Cross School and Hayfield School and struggled, failing his first year of A levels at the Hayfield School and having to start over again. He worked a number of odd jobs throughout his teenage years, including at Vue cinema and at a football stadium as a waiter.

Early Career and One Direction: He began performing in musicals as a young teen, and also appeared in small roles on such television shows as “Fat Friends”, “If I Had You”, and “Waterloo Road”. He attended an acting school in Barnsley, England, and kept performing at musicals and in small parts on TV.

He ultimately decided to audition for “The X Factor” in the UK, inspired after he played the lead role of Danny Zuko in the musician production of “Grease.” He did not make it to the judges’ houses as a competitor in the Boys’ Division. However, he was invited to join a group with fellow boys’ competitors, Niall Horan, Zayn Malik, Liam Payne and Harry Styles. The five singers spent two weeks preparing for the final round of auditions, and gave themselves the name One Direction.

One Direction went on to become one of the most popular acts to ever be produced by a reality series. Since forming in 2010, the group has sold more than 20 million albums worldwide. As of this writing, the group has released five commercially successful studio albums. Between June 2013 and June 2014, the group generated $75 million in revenue. Between June 2014 and 2015, the group generated $130 million in revenue. Their “Where We Are” Tour generated $282 million, which is the second highest gross for a vocal group in history. Their band is owned by a corporation called 1D Media that was formed in 2010 and is owned equally by the five members.

Band member Zayn Malik departed the group in 2015. One Direction is often described as the “new British Invasion” in the United States, selling over 35 million records worldwide. Their achievements include seven BRIT Awards, seven American Music Awards, and four MTV Video Music Awards.

The band went on a planned hiatus in January 2016 and each member has subsequently pursued solo careers that have been surprisingly successful. All five members of One Direction have released solo songs that have charted in the Top 40 in the United States. They are one of the few examples of a group act where the individual artists found success outside of the group.

(Photo by Christopher Polk/Getty Images)

Solo Career: Tomlinson released the single “Back to You” featuring Bebe Rexha and Digital Farm Animals in July 2017. It peaked at No. 8 on the UK singles Chart and No. 40 on the Billboard Hot 100 Chart. It was then announced that he had signed a record deal with Epic records. In October 2017 he released a promotional single, “Just Like You,” which peaked at No. 99 on the UK Charts. His second solo single was “Miss You,” which peaked at No. 39. It was announced in July 2018 that Tomlinson would appear alongside Simon Cowell, Robbie Williams, and Ayda Field to judge season 15 of “The X Factor.” He was matched to mentor Dalton Harris, who went on to win the show, rendering Tomlinson the first former contestant to secure a victory as the winning mentor.

Tomlinson announced in February 2019 that he had partnered with Arista Records. His first release under the label was “Two of Us,” released on March 7, 2019. He announced his second single under the label, “Kill my Mind,” in September 2019. The next month, he released “We Made It” and announced he would be embarking on a world tour set to span over five months and 20 different countries. In November 2019, he released his fourth single from his debut album, “Don’t Let It Break Your Heart.”

On January 17, 2020, he released his fifth and final single from the album, “Walls,” and two weeks later, his debut solo album “Walls” was finally released. It debuted at No. 4 on the UK Albums Chart and No. 9 on the Billboard 200 chart, making it the first new album for Arista Records in nine years to hit the top 10 charts. He was set to tour for nearly all of 2020, but was forced to postpone every day due to the COVID-19 pandemic. He announced rescheduled dates for 2021, and that he had begun writing his next album.

Personal Life: Tomlinson began dating then-student Eleanor Calder in November 2011. The pair broke up in March 2015 but reunited in early 2017. In July 2015, rumors hit the media that Tomlinson was expecting a baby with stylist Briana Jungwirth. A month later, on an episode of Good Morning America, the reports were confirmed. They welcomed a son, Freddie Reign, in January 2016. Tomlinson was in a relationship with actress Danielle Campbell from November 2015-December 2016.

Tragedy touched Tomlinson’s personal life when his mother died of Leukemia in December 2016, and again in March 2019 when his younger sister Félicité Tomlinson died of an accidental overdose.

In March 2017, Tomlinson was involved in an altercation at Los Angeles International Airport when he clashed with a paparazzo and aggressive fans who had been waiting for him. He was detained by airport security and was initially charged with a misdemeanor, posting bail soon after. The matter was resolved by April 2017 and the charges against him were dropped, citing the footage of the events captured by another paparazzo had surfaced and that Tomlinson was innocent. It was reported that the paparazzi had provoked him and caused the altercation at the airport.

Real Estate: In October 2016, Louis paid $7.3 million for an impressive mansion in the Hollywood Hills. Almost exactly four years later to the day, in October 2020, he sold the home for $6.4 million, a $900,000 loss. Outside of the US, he owns a home in the London suburbs.

Source: Celebrity Net Worth

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One Day After LeBron Signed A New Deal, Anthony Davis Agrees To A Max Contract

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Looks like the Los Angeles Lakers will be among the title favorites for the next few years. Just one day after the team and LeBron James agreed to a two-year, $85 million deal, the reigning champs announced they’re signing Anthony Davis to a maximum contract.

According to ESPN’s Adrian Wojnarowski, Davis and the Lakers are finalizing a five-year, $190 million deal. The contract also includes an early termination option before the fifth year.

It’s crazy to think a $190 million contract could be a “bargain,” but it might play out that way. Davis turned 27 this year and could have reasonably signed a similar deal to James, who will become a free agent in the 2022 offseason.

At that point, Davis would be 29 and could sign a max salary that started at 35% of the salary cap. Instead, he’s signing for 30% of the salary cap. In essence, he’s taking a pay cut for additional job security. 

Chris Graythen/Getty Images

Had he done a two-year deal, Davis could have re-signed with a starting salary of more than $40.5 million for the 2022-23 season. He’ll make just under $38 million that season in this five-year deal. That’s still plenty of money, but Davis is likely leaving an additional $10 to $15 million on the table from 2022 to 2025. There’s also no guarantee he’ll find a max deal when this contract is up. By then, he’ll be 32 years old. If his productivity drops a fair amount, he may not receive as extravagant of an offer.

Here’s a look at how much Davis will make in each season:

2020-21: $32,742,000

2021-22: $35,361,360

2022-23: $37,980,720

2023-24: $40,600,080

2024-25 (with an early termination option): $43,219,440

The Lakers also gave themselves a bit of a cushion, too. Having Davis around for the long haul could help James or other free agents sign in the next couple of years. 

Now, Davis will work on bringing more titles to L.A. — and adding to his legacy in the process.

Source: Celebrity Net Worth

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Billie Lourd Welcomes Son, Undertakes Massive Home Renovation Of Carrie Fisher And Debbie Reynolds’ Houses

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Billie Lourd, daughter of Carrie Fisher and granddaughter of Debbie Reynolds had a lot to deal with back in December 2016, when her mother and grandmother passed away within a day of each other. She is Hollywood royalty by way of her family and inherited her mom and grandma’s houses in Beverly Hills, which are located next door to each other. The side-by-side estates were put up for sale in 2017 as a single 3.5-acre estate. Now it’s been revealed that the 28-year-old actress and star of “American Horror Story” did not only not sell the estate but she’s decided to renovate it to make room for her family. Oh, by the way, Lourd surprised the world this fall when she announced the birth of her first child, a son named Kingston. She had not announced her pregnancy. Her fiancé Austen Rydell is the father of Kingston.

Lourd has not revealed her exact plans for the estate beyond the fact that the bohemian, iconic features of her mother’s home, where Lourd grew up, will in all likelihood be preserved. It is believed that she is updating the properties to turn them into one enormous estate for herself, Rydell, and Kingston. Fisher’s house is decorated in a very eclectic, bohemian manner and includes a large stained glass window depicting Billie as a saint. Fisher’s aviary and an old water fountain in the gardens will also be preserved.

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The estates are absolutely covered with trees and greenery and have a tennis court and pool. The homes also have a long and storied history beyond Lourd’s family. The home was built by actor Robert Armstrong in 1919. He played the captain who delivered the line “It was beauty that killed the beast” in “King Kong.” Bette Davis lived in the home for a bit. Then it was purchased by famed costume designer Edith Head in 1933 and she renovated and rebuilt the home. Carrie Fisher purchased the home in 1993 for $13.75 million. In 2000, Reynolds moved into the three-bedroom house next door. She bought it for $1 million.

Fisher had a number of eclectic decorations, including a Christmas tree with a Darth Vader ornament that Fisher kept up all year. A number of Fisher’s belongings were auctioned off in the fall of 2017. However, Lourd posted a video in 2018 as a tribute to her mom that featured the Christmas tree still up and in the house.

Lourd has her hands full between the renovation, planning her wedding, and caring for her newborn son Kingston. Rydell and Lourd have been engaged since June 2020. Kingston was born in September. Lourd announced his birth with an Instagram post featuring her son in a “Star Wars” inspired outfit.

Source: Celebrity Net Worth

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The Biggest Financial Winners and Losers From The NBA Draft

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Typically, the NBA Draft happens less than a month after the playoffs finish. After that, we have a long summer that includes free agency, the NBA Summer League for rookies and other young players, and training camps as teams head into the pre-season. 

This year, due to the COVID-19 pandemic, the NBA Draft did happen soon after the conclusion of the NBA Finals. However, all of those other summer activities are being compacted into five weeks, with the season set to start on December 22.

As the rookies get acclimated to their new teams, let’s take a look at the biggest winners and losers, strictly from a financial perspective.     

Winners

Anthony Edwards

The number one pick in a draft always comes with lofty expectations, but it also comes with the biggest paycheck. Anthony Edwards was never a sure bet for the top spot, but the Minnesota Timberwolves thought he was the best fit in the draft.

Rookie salaries are set on a sliding scale. Here’s how it typically looks for first-round picks: The first three years steadily increase and are tied to a percentage of the salary cap and are impacted by where the player is drafted. The fourth year option is a percentage increase over the third season, and then teams have a qualifying offer for a fifth season. That fifth year is a certain percentage increase over the fourth year.

Players can also sign for up to 120% or for as little as 80% of the sliding scale. Every contract can look different, but most lottery picks (and many first-rounders) often sign for 120% so teams and players can get off on the right foot.

In Edwards’ case, his fourth-year option and qualifying offers are actually the smallest in terms of percentage increase. But he’s making more than anyone else, so the percentage difference isn’t as big a deal.

Assuming he signs for 120% of the sliding scale, in his first four seasons, Edwards will make $43.3 million. For comparison, LeBron James signed a four-year deal in 2003 with the Cleveland Cavaliers for less than half of that, at just $18 million. James has done okay for himself since then, so don’t feel too badly. 

Patrick Williams

Patrick Williams averaged just 9.2 points and 4.0 rebounds in college, coming off the bench for the Florida State Seminoles. Those aren’t typical numbers of a star, but at the No. 4 spot of the draft, the Chicago Bulls were going for potential.

If Williams can improve his shooting (he connected on 32% of his threes in college), he projects to be a solid 3-and-D player. He’s also the youngest player in the entire draft, so he theoretically has the most time to blossom. Along the way, he’ll earn $32.1 million during his first four seasons. 

Top overall pick Anthony Edwards (Carmen Mandato/Getty Images)

Cole Anthony

Coming into the year, Anthony was regarded as one of the top college players. However, thanks to injuries and a down season for North Carolina, Anthony’s stock slid throughout the year. The Orlando Magic took him with the 15th pick, which is perhaps still a bit higher than some of the mock drafts had him, so he got a bump in salary that way.

But the other reason Anthony is a financial winner? The fact that Florida doesn’t have any state income tax. Anthony’s rookie deal will likely be for $15.9 million over four seasons. Compare his situation with Aaron Nesmith, who was taken one spot above Anthony by the Boston Celtics. They’ll each pay 37 percent in federal tax, as well as accompanying “jock taxes” and other agent fees. But Nesmith will also lose 5%, about $520,000, of his income in state taxes. That’s a significant chunk of change that Anthony will get to hold onto.

Plus, as far as we know, Anthony is the only player that got to party with Spike Lee on draft night. Hanging out with Lee is a cool bonus.

Josh Green

Arizona’s Josh Green was generally considered a top 25 prospect in this year’s draft, but the Dallas Mavericks took him at No. 18. He’ll make $13.6 million in his rookie deal, though he’ll also benefit from the same situation as Anthony.

Texas also doesn’t have state income tax, so Green won’t have to pay that additional money in taxes. The league is also looking at a possibly weighted schedule for the upcoming season, which will only be 72 games. The Mavericks could end up playing their division foes, the Spurs and Rockets, more than four times. That weighted schedule would mean a smaller jock tax for Green, as well.

Losers

James Wiseman

Wiseman isn’t here because he went No. 2 when he could have potentially been selected No. 1. Rather, it’s the team he ended up on. The Golden State Warriors moved from Oakland to San Francisco, but they’re still in California. That means Wiseman will pay 13.3% in state income tax. Combined with his federal tax, he’ll lose more than half of his $39.6 million contract to taxes.

On top of that, the Warriors share a division with the Kings, Clippers, and Lakers. That’s an extra six California games at minimum, and potentially more, depending on how the schedule shakes out. And that means a higher luxury tax for Wiseman.

Malachi Flynn

The former San Diego State guard is already 22 years old, which made some teams hesitant to take him. As a result, a top 20 talent fell to the bottom of the first round, where the Toronto Raptors snagged Flynn at No. 29.

Had he been taken with the 20th pick, Flynn would project to make $12.5 million his first four seasons in the league. Instead, he’ll make $10 million over four years.

What’s more, he ended up in Toronto, which has the highest state income tax in the entire league. The highest tax bracket in Canada pays 33%, and the highest tax bracket for Ontario residents pays an additional 20.53%. Flynn will only take home about $4.6 million from his rookie contract. 

There’s good news for Flynn, though. He’s in a solid situation — he’ll almost always have a solid backcourt mate in Kyle Lowry or Fred VanVleet, and the timing works out that he could replace Lowry after his rookie deal ends. That would likely include a big payday for Flynn.

Golden State Warriors

The same day of the NBA Draft, Klay Thompson suffered a season-ending Achilles injury. It’s a devastating injury for anyone, but especially for someone that cuts and moves around the court as much as Thompson does.

Instead of trading their pick or using it to take a shooter (which would have been a reach at the No. 2 spot), the Warriors selected a big man in Wiseman. As a result, they spent a trade exception to acquire Kelly Oubre Jr. Thanks to the luxury tax, an NBA rule that forces teams to spend additional money for every dollar above the salary cap, the Warriors will pay $82 million simply to roster Oubre Jr. next season.

It’s not an ideal situation at all, but the timing of the injury was so close to the draft the Warriors likely didn’t have time to adjust. And it’ll cost them a ton of money.

Source: Celebrity Net Worth

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