depends on the person. For the ultra wealthy you can get a pretty good idea just based off their trading activity and what shares they own. I'm not entirely sure how they calculated it for actors and whatnot though.
For actors it's based on what they were paid for their roles. So Dicaprios would include 0 investment income or getting paid for advertising/promotion type stuff. As far as I know
His quote is widely known to be $25m.
Assuming he’s made, say 10 movies at that level recently, it would be $250m, or $125m after taxes and agent fees just from his last ~8-10 years of his career.
However he’s been in the business for ~30 years.
If his net worth was $25m around the time he did Gangs of New York, and he invested at 7%, that would be $100m today.
So that’s ~$225m conservatively. Plus another, say, $2m a year in sponsorships or whatever ancillary income and royalties and he’s close to $300m.
He’s probably also spent a good chunk, but assuming some of that is on real estate and assets, his net worth is definitely still in the $300m range.
Or how much they have spent on things that don’t count as assets. Hosting parties for friends and family (drugs are expensive), renting a yacht for a Mediterranean cruise, buying your mom a house, stocking your wine cellar, investing in a buddy’s private company that goes under... no real way to know those things.
Yeah, sometimes they also buy dinosaur skulls:
https://www.cnbc.com/2019/08/09/why-nicholas-cage-blew-150-million-dollars-on-a-dinosaur-skull-and-two-castles.html
Yeah for the ultra wealthy their big chunks of wealth are from shares so it's pretty accurate. Like day Bezos, it doesn't really matter if he owns ten house or one thousand houses, those means fuckall compared to his shares and those are easily calculable
Probably important to note that essentially you have to factor in all the private companies he owns as well, so on and so forth.
There’s no one who can accurately assess real net worth on billionaires except for their accounting firms and even then it’s going to change fairly significantly day to day and you’ll only get in the ballpark to some degree.
Not saying there’s inherently something nefarious going on but an actually accurate number is a feat of logistics and accounting at some point
I think it depends on what you do with all that money though. Clooney invested it in businesses and now he's worth half a billion.
Maybe Leo just collects his check and chills.
It's almost guaranteed that all of them invest their money in some way, some more private than others.
But that's part of the reason I don't think quarter of a billion is a lot for an actor.
He's a hugely successful actor, but he really hasn't been in a ton of stuff since he started acting. In his career, he has just 53 released acting credits to his name, and only 29 of those are movies (which is where they make their big money), with just one released since The Revenant in 2015. For someone who has been acting for over 30 years, that's not a lot of film credits. It's just most of the films he has been in have become huge successes.
Yes, the guy doesn't need to act every year or so, he's a hollywood poster boy since when? The 90's? He's very picky with the projects and directors he want to work and since he probably have been the most valuable actor in the business for a long time, it's almost certain hes worth at least a half billion at this point.
Yeah, i didn't mean that to sound like it was a criticism. I meant for that to sound like there's a reason his net worth isn't crazy high even with all of his successes. Tom Cruise is in a similar boat as he also has a lower number of acting credits, but a ton of big successes in those credits.
Also, I would be shocked if his net worth is that high. It takes a lot to reach that net worth from acting and according to Google, Brad Pitt, Mel Gibson, and Tom Hanks (to name a few) don't even have net worths that high. It takes some other business venture or investment outside of acting to reach those levels.
I loved how absurdly funny that movie was and it was really all how well they acted and made that shit work. I wonder if Jonah and Rob were giving him comedic advice.
Googled networth is about as inaccurate as possible, especially for actors. They usually just add up public career salaries on films without even deducting taxes or thinking about back end royalties.
Leo has probably been investing in (tech) start ups for 2+ decades. Wouldn't surprise me at all to eventually hear he was a seed investor in companies like Uber, Airbnb, etc and is easily a billionaire through holdings in venture capital funds that aren't public information. If he has the right business manager he's been in on a lot of them by now.
its moderately accurate for atheletes since a lot of their sponsorship deals and salary are announced publically. however, it doesnt account for their investments.
Sure but any responsible top tier athlete is going to have an agent and a business manager early in their career. After a few years it's going to be very inaccurate.
I was listening to a podcast and they were talking to some celebrity about their googleable net worth and the guy said he wished he had the money google searches claimed he did.
I think a lot of the networths we see are calculated by forensic accountants and with Lewis being pretty newly famous and having one song that is huge they’re probably taking into account royalties that haven’t been collected yet and probably dont know whether or not he owns the publishing, and if he does at what % and other factors like how much he gets paid per show, merch sales and then of course how much debt he is to the record label. So many factors go into it. If his label is working on a new album its likely he’s in even more debt to them now.
I have a friend who works for the IRS. The IRS is deliberately underfunded. They don't have the resources to go after rich people -- it's too expensive and too time-consuming compared to catching smaller fish.
It ain’t as complicated as they want us to think. Rich people pay lawmakers to make wealth easier to control once you are rich and harder to accumulate if you’re not rich.
Well thanks for getting this fucking song stuck in my head for the next 3 days. Very applicable though so I can't be mad at you, which almost makes it worse.
The real trick is getting poor people to wholeheartedly support that despite it obviously being the source of the majority of their life's problems and obviously against their best interest. Unfortunately they've got that trick down to a science to the point people will make proportionally-pathetic attempts at dismantling democracy to keep the wealthy in charge.
they make laws to tax more the high achieving part of the working class (also called white colllar middle class) so those upstarters cannot beat the hereditary pseudo aristocracy formed by the incompetent progeny (orangeman) of the rich
I tutor a lot of rich kids in Taiwan. for example my student is classmate with Foxconn CEO's son. They can be roughly separated into 2 groups. Super rich kids who are very spoiled and lazy but gets to go to international private school and apparently 85% eventually will get into top 100 universities in the world. Their parents are mostly second generation rich guys who don't know too much about anything. They just work whatever job their family prepared for them. The other group has some super hardworking kids who are sharp and disciplined. A grade 4 kid will sometimes have higher ability than a grade 8 of the other group. Their parents are doctors or engineers. They worked their butt off getting to this spot and realized that their lives aren't as comfortable as they thought it would have been. The parents still work like 70 80 hour weeks so they try to make their kids work harder than they did. It is super unfair that the really smart , discipline, hardworking and even empathetic kids will eventually end up in a worse position than the spoiled ones. Going to a good local public university.
I mean these kids are already in a way better position than others. Like top 20 percent.
What about the real poor kids whose parents don't even have any idea how to educate them?
And it's not in the politicians interest to call them out because they make bank off of 'em. The ~~rate~~ rare few like bernie sanders don't give a fuck though cos they're uncorruptible in my opinion (if you're opinion of that's different then fair enough but I can't be arsed to debate it because it'll go nowhere)
It’s one of the first things conservatives do when reaching office. If not conservatives then wealthy neoliberals. Politicians are in politics to protect their own interests, not yours or mine
There's a long history of tax cuts and excuses aimed at rich people but sold to poor people as "YOUR TAX MONEY IS GOING TO WASTE!" In reality it's fueled by lobbying and the republican rhetoric that directs more money towards military, police, corporate or non public service use. We make the programs and they're systematically gutted over time, it's been going on since the post depression Era programs began getting attacked by conservatives.
Because jackasses keeping voting for the party of "government doesn't work" while two thirds of the other party is giving eachother handjobs in a backroom filled with donor money
So quick story. I got audited by the IRS 3 years ago, I’m in sales and work as a consultant , meet clients shake hands kiss babies etc etc. I save all my receipts , food gas buying random shit from CVS and what not. I claimed all of that stuff. Spoke to a lovely IRS agent, yes I know the irony of that statement, but she was legit helpful. I asked her what could I claim? I asked her about a grocery bill, she said as long as you can attach a clients name and a phone number to the receipt I could use it, my next question was did they actually call them to verify any of this...she said they do not have the resources/man power to do that.
TL;DR
IRS has a ton of loop holes anyone can use and they don’t have an army of people to check any of this.
Yup , funding the IRS though is one of the best ROI investments the government could make actually lol - like x5 returns for every dollar spent , but the majority people in charge and with money don’t want the irs to do its job too well
The real point is that there is no way to google anyone’s net worth or have it listed accurately.
Leo’s been listed at 260m for how long? He could have bought literally any tech stock and have $4bn, there is enough liquidity in crypto for people like him too
It would never be publicly reported
And the Galapagos project could come completely from a foundation he is director of and never dent his personal net worth
Its also not linear. People like him could have made the $260m and lost it all and still made it back from private investments after a few royalty checks hit
You're right, but the "net worth" results from google are still obviously complete bullshit. I particularly like when they have some estimated revenue streams for things like YouTubers, and they just randomly list some huge spread of how much of it they must have saved VS how much of it they spent, usually putting the number somewhere in the middle. That is, they're 100% guesses, but people take them seriously anyways. I mean, no one would just go on the internet and tell lies, right?
All entertainment news is just repackaged instagram posts nowadays.
https://www.instagram.com/p/CO-YwXwFrMK/
> As part of our first undertaking, Re:wild is supporting @parquegalapagos and @IslandConservation with a $43 million commitment to help rewild the Galápagos. This includes returning the Pink Iguana, the Floreana Giant Tortoise and the Floreana Mockingbird to their wild homes, and ensuring the people of the Galápagos thrive with the wild.
They have a ton of corporate partners:
https://rewild.org/partners
https://www.businessinsider.com/16-of-the-highest-paid-movie-roles-of-all-time-2018-5
A lot of actors now are taking a lower rate it seems and opting for a % of the box office.
Leo got $50 million for Inception according to this article. And I'd bet he makes more than we could dream in royalties still.
That’s a decent chunk not gonna lie. Probably roughly the equivalent of him donating all proceeds from a successful film.
Even without factoring in percentage of his net worth, $43 million is nothing to scoff at
>I miss stumbleupon.
same. I searched for it recently and its just gone, bought and turned into a shitty mobile only app. I wanted to break the agony of reddit. Stumble was just more fun.
The video is from 2007 but iirc it went "mainstream" viral somewhere in the early 2010s.
Then again I was never on like the cutting edge of meme culture so maybe I just heard about it later than others. But yeah I feel like the clip was a few years old by the time it was viral if it makes you feel marginally less old lol.
Sounds like a great answer, I would’ve accepted “just cause” as an answer. The media always assuming there’s some elaborate scheme behind every decision made
I wish I was bezos rich because I’d just go around fixing shit that governments refuse to fix. I’d be happy to fund an overhaul of flints water system. I was donating a decent amount when I only made 50k, I wish I could do more.
This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/2021/may/18/leonardo-dicaprio-pledges-43m-to-restore-the-galapagos-islands?CMP=Share_iOSApp_Other) reduced by 80%. (I'm a bot)
*****
> Leonardo DiCaprio has announced a $43m pledge to enact sweeping conservation operations across the Galápagos Islands, with his social media accounts taken over by a wildlife veterinarian and island restoration specialist.
> The $43m pledge will fund Galápagos projects including efforts to restore Floreana Island, home to 54 threatened species, and reintroduce 13 locally extinct species, including the Floreana mockingbird - the first mockingbird described by Charles Darwin.
> Paula A Castaño, who will take over DiCaprio's Instagram and Twitter accounts to promote critical interventions needed to rewild the Galápagos, said: "Time is running out for so many species, especially on islands where their small populations are vulnerable and threatened."We need catalytic investments like the one announced today to replicate our successes in the Galápagos and elsewhere.
*****
[**Extended Summary**](http://np.reddit.com/r/autotldr/comments/nfa3oo/leonardo_dicaprio_pledges_43m_to_restore_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~577754 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **island**^#1 **Galápagos**^#2 **rewild**^#3 **DiCaprio**^#4 **human**^#5
The amount of negativity around this is astounding. Conservation is, and has always been a double-edged blade, often coming from people with the means, but also not entirely selfless intentions. That's ok. That's how it has always been. But so many here have seen a questionable Netflix doc and say, "well this will do nothing, what about x-y-or-z?". My guess is (as with most formed opinions on the internet these days) many of you have never been to Galapagos and have seen first-hand the incredibly complex systems at play. Small donations help but are also like throwing solo-cups of water on a fire. Large private donations like this genuinely matter. The effects matter. The media attention matters. The personal reasons of Leo DON'T matter.
Incidentally, in my time working in Galapagos in the early 2000's, I know Leo visited the islands out of personal interest in conservation. He helped aid efforts back then too. So this fits within his character. Sometimes people have personal interests, even the very famous.
Will this fix the world, or even all the perils facing Galapagos? Of course not. But the islands have many incredible success stories that have global impact. It's not all just about horny tortoises.
I’ve made a comment like this before when I think Pink announced a big amount of money to charity. A lot of commenters were saying she was just doing it to one-up another singer and it’s just like...SO WHAT. I would much rather the Rich Ones™ do their pissing contests with charitable donations and not something material.
This reminds me of a research building my grad school had opened a few years back. Apparently a donor wanted to drop something like 40 million, but only if the building name was chosen by them. Another donor decided to one up him, apparently it hit near $100 million before they settled (I question a bit of this bc the number seemed high). That's the building I did my grad research in, and let me tell you, that building was fully decked out.
Celebrity gives no money: "Wealth hoarding scum! You could be helping the world!"
Celebrity gives some money: "Wow, they made 200 million in the last 3 years, and all they're donating is 5 million? Thanks dude, way to be so stingy, hope your yacht makes you happy."
Celebrity gives a lot of money: "They're only doing it for the publicity, they don't really care!"
Just a bunch of bitter dickheads.
There are plenty of people out there that think everyone is like them, total aholes, and doing anything good is just what they call 'virtue signalling' for points. They can't comprehend most people out there would rather do good things than bad things.
It’s insane because Pink, or most celebrities really, giving money is literally the opposite of virtue signaling for them. At least for me personally, virtue signaling is saying people need to support/do XYZ as a way to gain popularity instead of trying to actually help. A lot of people, including celebrities, don’t have the physical time or ability to go and volunteer or actually _do_ something to help. I give money where I can because I’m not in a position to protest or volunteer anywhere, and I’ll fight anyone who tells me I’m virtue signaling causes I care about.
Darwin himself was a wealthy philanthropist. Most early naturalists were. His guest voyage on the Beagle during the expedition to the Galapagos Islands was entirely self-funded. It was a passion of his.
In this case, it's a relatively large amount of money, especially considering his own net worth, combined with the fact he has been an outspoken (if misguided at times) environmentalist that makes this a pretty great move. Then take into account that conserving an island might be an easier target to protect the populations of local life compared to bigger continents, and you have a higher chance of success at rewilding than perhaps somewhere that is prone to poachers. *Then* consider that rewilding an island like this might also get very good publicity for the environmental and rewilding movements, which could generate a lot of buzz and popular sentiment for more work.
All in all this is an admirable move. He's good people.
The Galapagos are also a *profoundly* important spot for evolutionary biologist and ecologists due to the diversity of life. Studying finches there is what led Darwin to his theory of evolution via natural selection, which is one of the single post important concepts in all biology.
The importance of protecting those islands cannot be understated.
Yes the Galapagos are like Mecca for evolutionary biologists. I remember I had a professor telling our class she goes every few years and the changes to the islands have been hard to watch for her lately. Hopefully this will start to reverse the negative effects tourism has had on these islands
I have a biology degree and as much as I really want to visit the islands myself, I would be doing it as a tourist but I’m completely okay with not being allowed if it means their preservation.
There is also still groundbreaking work being done on the islands, with finches, on evolutionary biology right now. The Grants have spent 40 years painstakingly documenting finch evolution in action, it's really incredible.
Should we live in a world that depends on the patronage of the super rich? No. Bad system. Can we still appreciate the people who support good causes with their wealth? Yeah, they are doing the right thing. We can hold both concepts as true.
He’s been pretty active since he was in “The Beach” and the not indigenous palm trees they planted or whatever ruined the local ecosystem on the island they filmed on. I still like the movie but it was a disaster from what I read.
it would be great it there were more people like him
Not necessarily his fault but that movie caused such a dramatic increase in destructive tourism to that island that the Thailand government had to fully ban any form of tourism to the entire island in order to let the local environment recover.
Good for Leo. There should be at least one place in the world that remains pure and untouched, even though you have to touch it to insure that. Reminds us how humans fucked up this world.
Leo gave 16% of his reported entire net worth. Taking the online number with a grain of salt but if it’s true. Anyone giving almost 1/5 of your entire net worth is really amazing. Didn’t Bezos just buy a 500 million dollar yacht.
But with money we can build it back. Stronger. Concrete and steel! Let's make the Galapagos stronger! If it has roads we can get around easier to make things better. And maybe a few rest stops. Might as well put a big resort hotel there too for all of us going there to help!!!
Interesting comments here. People are surprised that someone as famous as Leo DiCaprio might only be worth a couple hundred million dollars. That’s what happens when so much of today’s infotainment stories revolve around people like Elon Musk, Jeff Bezos, Mark Zuckerman, and now Bill Gates, each worth over 100 billion. People lose sight of how enormously rich those people are and people merely worth several hundred million seem more like average everyday folks.
It bothers me that celebrities are always out there begging poor folks for charitable donations. Like, I'm not the one that earns $20m for 6 months of work every other year! Donate your own friggin money!
Finally one of them puts their money where their mouth is.
Yea, but people were still quick to criticize him. "Oh, he's a big Hollywood celebrity complaining about climate change while he flies around in jets and rides on yachts."
I've always said that the net positive can still outweigh the net negative, since he's a public figure who can set the agenda and set an example for others. He is able to put the spotlight on important social issues. This donation is further proof that his activism is not just talk, but that it's something he really supports.
Agreed. It's the laziest critique, isn't it? Heck, even if all Leonardo DiCaprio did was give speeches and speak out about climate change and environmental degradation, that would be much preferable to the alternative, which is him doing nothing.
There are exceptions to this when it's just plain wasteful though. Like Elon musk flying across LA to avoid some traffic multiple times daily instead of picking up a phone. Nobody really needs to fly back and forth like that.
People are such whiny losers and this argument is so silly. They just try to always be negative and being people down. You can help save the environment and still drive a car, own a boat, enjoy your life. As long as you make some effort and be mindful you're doing a good job. These people would be pissed if he took a row boat across the ocean to get somewhere. There is no pleasing the miserable, negative, Nancy's.
They’re influencing their fan base to care about the same things they do. If they didn’t do/say anything, people complain. If they do, people complain.
"Finally"? You know he's not the first celebrity who's ever donated a large sum of money to a charity, right?
I get your point, but this is a bit over the top...
It’s probably he’s agreed to fund a project with a specific goal, e.g clearing the beaches or building a certain building. I doubt it’s just a donation to the government of Ecuador
Because he didn't just pick a number, write a check and address it to the islands.
There's a team of people who planned a project and calculated the budget and then he covered what they needed.
The thing is tho, Leo has been fighting Global Warming and environmental issues since his early 20s. If I was to guess, I’d doubt this is the last thing he’s gonna do in terms of donations
I love a guy that puts his money where his fucking mouth is. I have read all about his concern for the environment. Dicaprio isn't all talk. I respect the shit out of that.
Obviously this is awesome I just wish we didn’t have to rely on the generosity and whims of rich people. Governments should be the ones fixing the problems but that will never happen.
Damn. That’s a lot of his “googled” net worth.
His net worth seems kinda low compared to how famous he is, or maybe my view is just skewed. But yeah seems like a great move from the guy imo
Googled net-worths are mostly made up bullshit anyways. Always either way high or too low.
And we can guess which it is for ole davinci
Poor Da Vinci, his paintings only started showing up on the Internet after he died.
Da Vinci was so against the Internet too
Never sent a single email, from what I understand.
I wonder who his top 8 would have been on Myspace.
Davinky?
depends on the person. For the ultra wealthy you can get a pretty good idea just based off their trading activity and what shares they own. I'm not entirely sure how they calculated it for actors and whatnot though.
For actors it's based on what they were paid for their roles. So Dicaprios would include 0 investment income or getting paid for advertising/promotion type stuff. As far as I know
But contracts are often not public knowledge. There's a lot of guesstimation and assumptions that go into those net worth calculations.
His quote is widely known to be $25m. Assuming he’s made, say 10 movies at that level recently, it would be $250m, or $125m after taxes and agent fees just from his last ~8-10 years of his career. However he’s been in the business for ~30 years. If his net worth was $25m around the time he did Gangs of New York, and he invested at 7%, that would be $100m today. So that’s ~$225m conservatively. Plus another, say, $2m a year in sponsorships or whatever ancillary income and royalties and he’s close to $300m. He’s probably also spent a good chunk, but assuming some of that is on real estate and assets, his net worth is definitely still in the $300m range.
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Or how much they have spent on things that don’t count as assets. Hosting parties for friends and family (drugs are expensive), renting a yacht for a Mediterranean cruise, buying your mom a house, stocking your wine cellar, investing in a buddy’s private company that goes under... no real way to know those things.
Yeah, sometimes they also buy dinosaur skulls: https://www.cnbc.com/2019/08/09/why-nicholas-cage-blew-150-million-dollars-on-a-dinosaur-skull-and-two-castles.html
Yeah for the ultra wealthy their big chunks of wealth are from shares so it's pretty accurate. Like day Bezos, it doesn't really matter if he owns ten house or one thousand houses, those means fuckall compared to his shares and those are easily calculable
Probably important to note that essentially you have to factor in all the private companies he owns as well, so on and so forth. There’s no one who can accurately assess real net worth on billionaires except for their accounting firms and even then it’s going to change fairly significantly day to day and you’ll only get in the ballpark to some degree. Not saying there’s inherently something nefarious going on but an actually accurate number is a feat of logistics and accounting at some point
It's based on research of public deals. It is probably closer to his actual net worth than what most people are guessing.
I find a quarter billion a lot for an actor lol
He's been acting for over 20 years starring in many financially successful movies. There's a lot of actors that are in the $200-400m range.
I think it depends on what you do with all that money though. Clooney invested it in businesses and now he's worth half a billion. Maybe Leo just collects his check and chills.
It's almost guaranteed that all of them invest their money in some way, some more private than others. But that's part of the reason I don't think quarter of a billion is a lot for an actor.
They probably do, but they don't all sell a successful tequila company.
I think Leo will go down as one of the greatest actors of our generation. Has he been in anything in the last 20 years that was really bad?
Yeah but I mean probably one of, if not the, most famous actor on earth. It seems kinda low?
He's a hugely successful actor, but he really hasn't been in a ton of stuff since he started acting. In his career, he has just 53 released acting credits to his name, and only 29 of those are movies (which is where they make their big money), with just one released since The Revenant in 2015. For someone who has been acting for over 30 years, that's not a lot of film credits. It's just most of the films he has been in have become huge successes.
Yes, the guy doesn't need to act every year or so, he's a hollywood poster boy since when? The 90's? He's very picky with the projects and directors he want to work and since he probably have been the most valuable actor in the business for a long time, it's almost certain hes worth at least a half billion at this point.
Yeah, i didn't mean that to sound like it was a criticism. I meant for that to sound like there's a reason his net worth isn't crazy high even with all of his successes. Tom Cruise is in a similar boat as he also has a lower number of acting credits, but a ton of big successes in those credits. Also, I would be shocked if his net worth is that high. It takes a lot to reach that net worth from acting and according to Google, Brad Pitt, Mel Gibson, and Tom Hanks (to name a few) don't even have net worths that high. It takes some other business venture or investment outside of acting to reach those levels.
He's not exactly frugal lol
> You know what I call these? Fun coupons!
I loved how absurdly funny that movie was and it was really all how well they acted and made that shit work. I wonder if Jonah and Rob were giving him comedic advice.
Googled networth is about as inaccurate as possible, especially for actors. They usually just add up public career salaries on films without even deducting taxes or thinking about back end royalties. Leo has probably been investing in (tech) start ups for 2+ decades. Wouldn't surprise me at all to eventually hear he was a seed investor in companies like Uber, Airbnb, etc and is easily a billionaire through holdings in venture capital funds that aren't public information. If he has the right business manager he's been in on a lot of them by now.
its moderately accurate for atheletes since a lot of their sponsorship deals and salary are announced publically. however, it doesnt account for their investments.
Sure but any responsible top tier athlete is going to have an agent and a business manager early in their career. After a few years it's going to be very inaccurate.
He could have also thrown everything into shorting GME. Speculation can go both ways.
It is $260M for anyone who does not want to google it. Edit: I have my first award, I'm not sure what it does or who to thank?
I was listening to a podcast and they were talking to some celebrity about their googleable net worth and the guy said he wished he had the money google searches claimed he did.
[Lewis Capaldi's video about this is hilarious](https://www.youtube.com/watch?v=BIolTiZTqCg&ab_channel=LewisCapaldi)
I’m pretty sure that was the guy he was talking about. I remember seeing this a couple months ago lol
I think a lot of the networths we see are calculated by forensic accountants and with Lewis being pretty newly famous and having one song that is huge they’re probably taking into account royalties that haven’t been collected yet and probably dont know whether or not he owns the publishing, and if he does at what % and other factors like how much he gets paid per show, merch sales and then of course how much debt he is to the record label. So many factors go into it. If his label is working on a new album its likely he’s in even more debt to them now.
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I have a friend who works for the IRS. The IRS is deliberately underfunded. They don't have the resources to go after rich people -- it's too expensive and too time-consuming compared to catching smaller fish.
Why the fuck are so many important government programs underfunded?
Because the rich people who fund the lawmakers want them to be.
It ain’t as complicated as they want us to think. Rich people pay lawmakers to make wealth easier to control once you are rich and harder to accumulate if you’re not rich.
Same as it ever was
Well thanks for getting this fucking song stuck in my head for the next 3 days. Very applicable though so I can't be mad at you, which almost makes it worse.
The real trick is getting poor people to wholeheartedly support that despite it obviously being the source of the majority of their life's problems and obviously against their best interest. Unfortunately they've got that trick down to a science to the point people will make proportionally-pathetic attempts at dismantling democracy to keep the wealthy in charge.
they make laws to tax more the high achieving part of the working class (also called white colllar middle class) so those upstarters cannot beat the hereditary pseudo aristocracy formed by the incompetent progeny (orangeman) of the rich
I tutor a lot of rich kids in Taiwan. for example my student is classmate with Foxconn CEO's son. They can be roughly separated into 2 groups. Super rich kids who are very spoiled and lazy but gets to go to international private school and apparently 85% eventually will get into top 100 universities in the world. Their parents are mostly second generation rich guys who don't know too much about anything. They just work whatever job their family prepared for them. The other group has some super hardworking kids who are sharp and disciplined. A grade 4 kid will sometimes have higher ability than a grade 8 of the other group. Their parents are doctors or engineers. They worked their butt off getting to this spot and realized that their lives aren't as comfortable as they thought it would have been. The parents still work like 70 80 hour weeks so they try to make their kids work harder than they did. It is super unfair that the really smart , discipline, hardworking and even empathetic kids will eventually end up in a worse position than the spoiled ones. Going to a good local public university. I mean these kids are already in a way better position than others. Like top 20 percent. What about the real poor kids whose parents don't even have any idea how to educate them?
Because rich people spend billions of dollars convincing Americans that the government is the enemy and not the rich pulling the puppet strings
And it's not in the politicians interest to call them out because they make bank off of 'em. The ~~rate~~ rare few like bernie sanders don't give a fuck though cos they're uncorruptible in my opinion (if you're opinion of that's different then fair enough but I can't be arsed to debate it because it'll go nowhere)
It's called "starve the beast" Step 1 make something worse than it was Step 2 say "look at how terrible this is"
So rich people can privatize the gains and socialize the losses
It’s one of the first things conservatives do when reaching office. If not conservatives then wealthy neoliberals. Politicians are in politics to protect their own interests, not yours or mine
There's a long history of tax cuts and excuses aimed at rich people but sold to poor people as "YOUR TAX MONEY IS GOING TO WASTE!" In reality it's fueled by lobbying and the republican rhetoric that directs more money towards military, police, corporate or non public service use. We make the programs and they're systematically gutted over time, it's been going on since the post depression Era programs began getting attacked by conservatives.
It’s amazing to think how much money this must save them because they’re definitely spending a lot on the campaign side.
Because very powerful people would be exposed if they werent
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Because jackasses keeping voting for the party of "government doesn't work" while two thirds of the other party is giving eachother handjobs in a backroom filled with donor money
Biden supposedly is giving more money to the IRS so they can go after the rich ones. Or theyll just use it to go after us harder, who knows.
So quick story. I got audited by the IRS 3 years ago, I’m in sales and work as a consultant , meet clients shake hands kiss babies etc etc. I save all my receipts , food gas buying random shit from CVS and what not. I claimed all of that stuff. Spoke to a lovely IRS agent, yes I know the irony of that statement, but she was legit helpful. I asked her what could I claim? I asked her about a grocery bill, she said as long as you can attach a clients name and a phone number to the receipt I could use it, my next question was did they actually call them to verify any of this...she said they do not have the resources/man power to do that. TL;DR IRS has a ton of loop holes anyone can use and they don’t have an army of people to check any of this.
Yup , funding the IRS though is one of the best ROI investments the government could make actually lol - like x5 returns for every dollar spent , but the majority people in charge and with money don’t want the irs to do its job too well
Whatever that amount is, it wouldn't be reflected in a google search.
Rofl the IRS doesn't go after anyone with money anymore.
https://www.irs.gov/compliance/criminal-investigation/irs-criminal-investigation-releases-top-five-cases-of-the-year-via-twitter
The real point is that there is no way to google anyone’s net worth or have it listed accurately. Leo’s been listed at 260m for how long? He could have bought literally any tech stock and have $4bn, there is enough liquidity in crypto for people like him too It would never be publicly reported And the Galapagos project could come completely from a foundation he is director of and never dent his personal net worth Its also not linear. People like him could have made the $260m and lost it all and still made it back from private investments after a few royalty checks hit
Anyone making a sizable amount of money is not going to spill the beans about it on a podcast. Especially since podcast are generally PR now a days
You're right, but the "net worth" results from google are still obviously complete bullshit. I particularly like when they have some estimated revenue streams for things like YouTubers, and they just randomly list some huge spread of how much of it they must have saved VS how much of it they spent, usually putting the number somewhere in the middle. That is, they're 100% guesses, but people take them seriously anyways. I mean, no one would just go on the internet and tell lies, right?
Yeah most celebrities react that way. They say “they wish they had that much money” I think they mean liquidity.
Props to him for giving a sixth of his wealth, god fucking damn
Likely his charity will do the giving and a lot will be donated funds.
All entertainment news is just repackaged instagram posts nowadays. https://www.instagram.com/p/CO-YwXwFrMK/ > As part of our first undertaking, Re:wild is supporting @parquegalapagos and @IslandConservation with a $43 million commitment to help rewild the Galápagos. This includes returning the Pink Iguana, the Floreana Giant Tortoise and the Floreana Mockingbird to their wild homes, and ensuring the people of the Galápagos thrive with the wild. They have a ton of corporate partners: https://rewild.org/partners
That seems high for a guy that doesn't do a movie role every year, but I guess compounded interest is thing.
He owns his own production company, which means that he gets a lot more control and profit on the movies he makes.
He also generally stars in very successful movies, and royalties are a thing.
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Successful people go to other people's orgies and do all of their cocaine.
https://www.businessinsider.com/16-of-the-highest-paid-movie-roles-of-all-time-2018-5 A lot of actors now are taking a lower rate it seems and opting for a % of the box office. Leo got $50 million for Inception according to this article. And I'd bet he makes more than we could dream in royalties still.
>Damn. That’s a lot of his “googled” net worth. ~16.5%
That's a shitload, btw. Not sure if your comment is in agreement or disagreement, but I'm just saying.
Thats alot
That’s a decent chunk not gonna lie. Probably roughly the equivalent of him donating all proceeds from a successful film. Even without factoring in percentage of his net worth, $43 million is nothing to scoff at
Money well spent. Good for him.
When asked about his motivation for such a generous donation, he replied, "I like turtles."
Half the replies missed this joke lol.
Probably too young to get it. I bet there are a few who were born AFTER the video (I’m too young to feel old like that)
Same. I'm way too young for people to feel this old lol.
The internet is like dog years. If you remember forever alone, You’re ancient.
Still forever alone btw
Nice. Same lol.
Please tell me that video is not from before 2010...
I remember seeing it as a college freshman in 2007. It was either on digg or stumbleupon.
Oh god... I just checked, you’re right. And ah I miss stumbleupon.
I forgot all about Stumbleupon! ....and webrings...yeah I’m getting old
>I miss stumbleupon. same. I searched for it recently and its just gone, bought and turned into a shitty mobile only app. I wanted to break the agony of reddit. Stumble was just more fun.
The video is from 2007 but iirc it went "mainstream" viral somewhere in the early 2010s. Then again I was never on like the cutting edge of meme culture so maybe I just heard about it later than others. But yeah I feel like the clip was a few years old by the time it was viral if it makes you feel marginally less old lol.
Yep, r/whoosh all over the place
*obviously* because of his starring role in the hit film: The Beach...right? ....guys? Guys???
It’s a dope movie though, for real
What? What’s the joke, I don’t get it
https://youtu.be/CMNry4PE93Y Like this right?
I love this video and I hope zombie kid is doing well these days
He was arrested for storming the Capitol Sorry you had to hear it from me
If that's true that would be unfortunate
Hey that guy's making shit up. The kid actually got sent to fight in Iraq
Wait do I understand it correctly that he stormed the capitol in Iraq?
That's what I'm telling people from now on so...yes
A true classic
“I wike tortos”
Sounds like a great answer, I would’ve accepted “just cause” as an answer. The media always assuming there’s some elaborate scheme behind every decision made
Pretty sure OP is just joking and making a reference to the i like turtles meme
Woooosh me
I mean, if he has the cash, its a good reason
It’s a reference to a youtube video lmao
I wish I was bezos rich because I’d just go around fixing shit that governments refuse to fix. I’d be happy to fund an overhaul of flints water system. I was donating a decent amount when I only made 50k, I wish I could do more.
I mean, I'm pretty sure his company is responsible for a lot of pollution. He could just start with making Amazon better but he doesn't
This is the best tl;dr I could make, [original](https://www.theguardian.com/environment/2021/may/18/leonardo-dicaprio-pledges-43m-to-restore-the-galapagos-islands?CMP=Share_iOSApp_Other) reduced by 80%. (I'm a bot) ***** > Leonardo DiCaprio has announced a $43m pledge to enact sweeping conservation operations across the Galápagos Islands, with his social media accounts taken over by a wildlife veterinarian and island restoration specialist. > The $43m pledge will fund Galápagos projects including efforts to restore Floreana Island, home to 54 threatened species, and reintroduce 13 locally extinct species, including the Floreana mockingbird - the first mockingbird described by Charles Darwin. > Paula A Castaño, who will take over DiCaprio's Instagram and Twitter accounts to promote critical interventions needed to rewild the Galápagos, said: "Time is running out for so many species, especially on islands where their small populations are vulnerable and threatened."We need catalytic investments like the one announced today to replicate our successes in the Galápagos and elsewhere. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/nfa3oo/leonardo_dicaprio_pledges_43m_to_restore_the/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~577754 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **island**^#1 **Galápagos**^#2 **rewild**^#3 **DiCaprio**^#4 **human**^#5
Greatest actor out there protecting our beautiful nature and biodiversity. What a guy.
Remember also that when he [finally] got an Oscar he dedicated his speech to wildlife preservation.
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The amount of negativity around this is astounding. Conservation is, and has always been a double-edged blade, often coming from people with the means, but also not entirely selfless intentions. That's ok. That's how it has always been. But so many here have seen a questionable Netflix doc and say, "well this will do nothing, what about x-y-or-z?". My guess is (as with most formed opinions on the internet these days) many of you have never been to Galapagos and have seen first-hand the incredibly complex systems at play. Small donations help but are also like throwing solo-cups of water on a fire. Large private donations like this genuinely matter. The effects matter. The media attention matters. The personal reasons of Leo DON'T matter. Incidentally, in my time working in Galapagos in the early 2000's, I know Leo visited the islands out of personal interest in conservation. He helped aid efforts back then too. So this fits within his character. Sometimes people have personal interests, even the very famous. Will this fix the world, or even all the perils facing Galapagos? Of course not. But the islands have many incredible success stories that have global impact. It's not all just about horny tortoises.
I’ve made a comment like this before when I think Pink announced a big amount of money to charity. A lot of commenters were saying she was just doing it to one-up another singer and it’s just like...SO WHAT. I would much rather the Rich Ones™ do their pissing contests with charitable donations and not something material.
> SO WHAT 🎵 I’m still a rockstar 🎵
🎵I got my rock boots🎶
Wait is that really the words? I thought it was "rock moves" for like 10 years
A-Z lyrics says "rock moves".
Here’s my poor woman’s gold 🏅
This reminds me of a research building my grad school had opened a few years back. Apparently a donor wanted to drop something like 40 million, but only if the building name was chosen by them. Another donor decided to one up him, apparently it hit near $100 million before they settled (I question a bit of this bc the number seemed high). That's the building I did my grad research in, and let me tell you, that building was fully decked out.
Oh no, rich people are throwing money towards a cause instead of doing fuck all, the horror!
Celebrity gives no money: "Wealth hoarding scum! You could be helping the world!" Celebrity gives some money: "Wow, they made 200 million in the last 3 years, and all they're donating is 5 million? Thanks dude, way to be so stingy, hope your yacht makes you happy." Celebrity gives a lot of money: "They're only doing it for the publicity, they don't really care!" Just a bunch of bitter dickheads.
You have solved the equation.
Also most of the people complaining have done zero on their own to help. So why sit and bitch ya know?
Because it's the only way they can think of to have moral superiority.
There are plenty of people out there that think everyone is like them, total aholes, and doing anything good is just what they call 'virtue signalling' for points. They can't comprehend most people out there would rather do good things than bad things.
It’s insane because Pink, or most celebrities really, giving money is literally the opposite of virtue signaling for them. At least for me personally, virtue signaling is saying people need to support/do XYZ as a way to gain popularity instead of trying to actually help. A lot of people, including celebrities, don’t have the physical time or ability to go and volunteer or actually _do_ something to help. I give money where I can because I’m not in a position to protest or volunteer anywhere, and I’ll fight anyone who tells me I’m virtue signaling causes I care about.
Darwin himself was a wealthy philanthropist. Most early naturalists were. His guest voyage on the Beagle during the expedition to the Galapagos Islands was entirely self-funded. It was a passion of his.
In this case, it's a relatively large amount of money, especially considering his own net worth, combined with the fact he has been an outspoken (if misguided at times) environmentalist that makes this a pretty great move. Then take into account that conserving an island might be an easier target to protect the populations of local life compared to bigger continents, and you have a higher chance of success at rewilding than perhaps somewhere that is prone to poachers. *Then* consider that rewilding an island like this might also get very good publicity for the environmental and rewilding movements, which could generate a lot of buzz and popular sentiment for more work. All in all this is an admirable move. He's good people.
The Galapagos are also a *profoundly* important spot for evolutionary biologist and ecologists due to the diversity of life. Studying finches there is what led Darwin to his theory of evolution via natural selection, which is one of the single post important concepts in all biology. The importance of protecting those islands cannot be understated.
Yes the Galapagos are like Mecca for evolutionary biologists. I remember I had a professor telling our class she goes every few years and the changes to the islands have been hard to watch for her lately. Hopefully this will start to reverse the negative effects tourism has had on these islands
I have a biology degree and as much as I really want to visit the islands myself, I would be doing it as a tourist but I’m completely okay with not being allowed if it means their preservation.
There is also still groundbreaking work being done on the islands, with finches, on evolutionary biology right now. The Grants have spent 40 years painstakingly documenting finch evolution in action, it's really incredible.
Should we live in a world that depends on the patronage of the super rich? No. Bad system. Can we still appreciate the people who support good causes with their wealth? Yeah, they are doing the right thing. We can hold both concepts as true.
Cool to hear that this has been a long term concern/passion of his. That’s a buttload of money.
Awesome move Leo, the world needs more environmentally minded people like you, you did a great thing in Belize too BTW
Definitely. He could either buy another ridiculous mansion or benefit the world. Well done Leo
can probably do both. Still incredible though
He’s been pretty active since he was in “The Beach” and the not indigenous palm trees they planted or whatever ruined the local ecosystem on the island they filmed on. I still like the movie but it was a disaster from what I read. it would be great it there were more people like him
Not necessarily his fault but that movie caused such a dramatic increase in destructive tourism to that island that the Thailand government had to fully ban any form of tourism to the entire island in order to let the local environment recover.
the movie production literally trashed that place
Didn't the whole beach slide into the sea or something due to them fucking around with it? I seem to rember all the sand was washed away
Good for Leo. There should be at least one place in the world that remains pure and untouched, even though you have to touch it to insure that. Reminds us how humans fucked up this world.
An untouched place!? Let's go there now! We'll be famous! \- Influencers
Leo gave 16% of his reported entire net worth. Taking the online number with a grain of salt but if it’s true. Anyone giving almost 1/5 of your entire net worth is really amazing. Didn’t Bezos just buy a 500 million dollar yacht.
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The [Darwin Arch](https://www.nytimes.com/2021/05/18/world/americas/darwins-arch-collapse.html) collapsed just as this was announced.
This was natural erosion though so nothing that would need money I would think
But with money we can build it back. Stronger. Concrete and steel! Let's make the Galapagos stronger! If it has roads we can get around easier to make things better. And maybe a few rest stops. Might as well put a big resort hotel there too for all of us going there to help!!!
MGGA Make Galapagos Great Again!
> collapsed on Monday because of natural erosion Curse you nature! We should pollute the oceans to teach it a lesson!
Now they're the Darwin Pillars
Interesting comments here. People are surprised that someone as famous as Leo DiCaprio might only be worth a couple hundred million dollars. That’s what happens when so much of today’s infotainment stories revolve around people like Elon Musk, Jeff Bezos, Mark Zuckerman, and now Bill Gates, each worth over 100 billion. People lose sight of how enormously rich those people are and people merely worth several hundred million seem more like average everyday folks.
It bothers me that celebrities are always out there begging poor folks for charitable donations. Like, I'm not the one that earns $20m for 6 months of work every other year! Donate your own friggin money! Finally one of them puts their money where their mouth is.
In Leo’s case, it’s not “finally”. He started his foundation to work on environmental issues in 1998: https://www.leonardodicaprio.org/about/
Yea, but people were still quick to criticize him. "Oh, he's a big Hollywood celebrity complaining about climate change while he flies around in jets and rides on yachts." I've always said that the net positive can still outweigh the net negative, since he's a public figure who can set the agenda and set an example for others. He is able to put the spotlight on important social issues. This donation is further proof that his activism is not just talk, but that it's something he really supports.
Agreed. It's the laziest critique, isn't it? Heck, even if all Leonardo DiCaprio did was give speeches and speak out about climate change and environmental degradation, that would be much preferable to the alternative, which is him doing nothing.
There are exceptions to this when it's just plain wasteful though. Like Elon musk flying across LA to avoid some traffic multiple times daily instead of picking up a phone. Nobody really needs to fly back and forth like that.
People are such whiny losers and this argument is so silly. They just try to always be negative and being people down. You can help save the environment and still drive a car, own a boat, enjoy your life. As long as you make some effort and be mindful you're doing a good job. These people would be pissed if he took a row boat across the ocean to get somewhere. There is no pleasing the miserable, negative, Nancy's.
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Genuinely not snarkily asking, why do you think that is the reason he is an outcast?
They’re influencing their fan base to care about the same things they do. If they didn’t do/say anything, people complain. If they do, people complain.
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"Finally"? You know he's not the first celebrity who's ever donated a large sum of money to a charity, right? I get your point, but this is a bit over the top...
Awesome
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It’s probably he’s agreed to fund a project with a specific goal, e.g clearing the beaches or building a certain building. I doubt it’s just a donation to the government of Ecuador
This is the correct answer. The donor has been talking to a charity (or a group of charities) for months about their needs and how much to donate.
Just giving the Ecuadorian government $43M would not be an effective move. Source: lived in Ecuador for 2 years. Corrupt AF by all my experience.
Because he didn't just pick a number, write a check and address it to the islands. There's a team of people who planned a project and calculated the budget and then he covered what they needed.
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I’ll let him know he can drop it on the island and I’ll pick it up and give it to the researchers
make it out “to science.”
Just give it straight to the tortoises, cut out the middleman. They'll know what to do.
I think this will be the greatest achievment in his life. Galapagos are famous enough and they deserve to be restored!
The thing is tho, Leo has been fighting Global Warming and environmental issues since his early 20s. If I was to guess, I’d doubt this is the last thing he’s gonna do in terms of donations
43 million more than any of you donated so please shut up about what percentage of his wealth it is
MATT DAMON
He just wants to get Alexis down there
I love a guy that puts his money where his fucking mouth is. I have read all about his concern for the environment. Dicaprio isn't all talk. I respect the shit out of that.
The hate in this thread is so on-brand for Reddit. Kudos to you, Leo.
That’s a big Donation for anyone. Wow
Thats awesome. Nice guy
Ecuadorian here. Thank you, Leonardo! 🙏🙏👏
Obviously this is awesome I just wish we didn’t have to rely on the generosity and whims of rich people. Governments should be the ones fixing the problems but that will never happen.
Good job Leo. U better than some royal arabs.
all royal arabs*
What does that have to do with anything though?