Morgan Freeman grew up in Mississippi where folks are wretchedly poor. That's why he really was smart about saving & investing his income. While everybody is trying to outdo the Jones,Morgan Freeman has outdone the failing economy. For too many celebrities,the shit is hitting the fan at a rapid pace. Almost monthly now, you hear about some rapper auctioning off their jewelry or a singer losing her home. Even though he may have to pay $100 million to his wife in a divorce settlement,the real story is how major Freeman's cash flow is. I don't think anybody had any idea that he was sitting on that kind of dough.Here's more from the Chicago Sun-Times:
"Though there's no comment from either party in this breakup, Freeman's wife of 24 years stands to rake in more than $100 million in a potential settlement.
Original estimates put the actor's net worth in the $75 million to $90 million range, but now it is being reported he may be worth as much as three to four times that amount.
Among assets contributing to the actor's bounty are a very valuable gold coin collection, a rare stamp collection, a $7 million home in the Virgin Islands, real estate in Freeman's native Mississippi worth nearly $30 million (including a $5 million personal home), a $10 million New York apartment and a $15 million Los Angeles estate.
"Morgan has always remembered what it was like to be a poor, struggling actor, and as a result he has always been very careful with his money. Morgan isn't cheap, but he has always been pretty frugal" a longtime associate told me Tuesday."(END OF EXCERPT) Read the whole article here:http://www.suntimes.com/entertainment/zwecker/1313336,CST-FTR-zp04.article
Showing posts with label morgan freeman is rich. Show all posts
Showing posts with label morgan freeman is rich. Show all posts
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