Hollywood A-listers spend £37m per year on living expenses
The annual cost of living for a Hollywood A-list star was today put at 52 million dollars (£37.1m).
Stars who splash out on personal aircraft, prestigious Hollywood addresses, personal chefs and round-the-clock nannies can expect to burn through the cash in a year, showbusiness newspaper Variety calculated in a special issue devoted to money.
The biggest expense for the Hollywood A-list is a personal jet, with Harrison Ford, John Travolta, Tom Cruise and Jim Carrey all members of the jet-owning club.
Cruise is said to have splashed out 28 million dollars (£20m) on his Gulfstream IV, which boasts three cabins, seating for 10, a cinema and a jacuzzi, but was easily topped by Carrey, whose Gulfstream V was reported to have cost 41 million dollars (£29.2m).
And after the cost of the plane, next on the list of expenses for the stars is a house.
Courtney Cox and David Arquette paid 10 million dollars (£7.1m) for their Malibu mansion, while Friends co-star David Schwimmer paid 5.5 dollars million (£3.9m for his seven-bedroom home near Los Angeles.
Furnishing a home is also an expensive business for showbiz’s biggest names, such as Adam Sandler, who spent 650,000 dollars (£464,000) on furniture and art alone for his three-bedroom home in Malibu.
Second, third and even fourth homes are all on the list of costs - as is domestic help.
Hollywood parents can expect to pay 400 dollars (£285) a day for 24-hour nanny cover, and splash out at least 1,500 dollars (£1,071) each week to send their offspring to prestigious summer camps.
And no A-list household is complete without a personal chef, at a cost of up to 120,000 dollars (£86,000) and a butler, who is likely to be paid 80,000 dollars (£57,000).
An estate manager comes in at 150,000 dollars (£105,000) a year, while a personal assistant starts at 50,000 dollars (£35,700) - and one assistant is only a start.
Getting away from it all is no bargain either.
Beverly Hills’ residents’ favourite hotels, where they head while the builders are in or a split with their partner means finding new lodgings, are not cheap.
Bungalow 5A at the Beverly Hills’ Hotel, where Elizabeth Taylor spent six honeymoons, costs 4,070 dollars a night (£2,907) a night for its four bedrooms and jacuzzi - but is often booked up years in advance.
The second choice is the presidential suite at the Four Seasons, where Cruise reportedly headed when he split from Nicole Kidman, which boasts three bedrooms, an extra guest bedroom, living and dining rooms and its own lift, all for 4,300 dollars (£3,071) a night.
And Barbra Streisand’s favourite spa, Escondido’s Golden Door, starts at 5,725 dollars (£4,089) for the standard package of therapies, making Alicia Silverstone and Kate Winslet’s choice of Rancho La Puerta in Mexico a bargain at 1,500 dollars (£1,071) for the basic day’s treatment.
In all, the total cost of the high-spending lifestyle comes in at 52 million dollars (£37.1m), Variety calculated.
For Tom Cruise, that kind of lifestyle means his £300m fortune would last just 10 years unless he keeps working at 20 million dollars (£14.2m) for each film.
But for Oprah Winfrey, who splashed out 50 million dollars (£35.7m) for a new California seaside estate, there is plenty to salt away for a rainy day.
Her estimated earnings for last year were 150 million dollars (£107m).
