This Forbes story is probably more therapeutic than anything else – the gist of it is that celebrities make colossal business mistakes. One thing I have always wondered about, where is the anger towards celebrity pay? I hear of the anger regarding CEO compensation, but never so much as a whisper of discontent regarding celebrity compensation. At any rate, I had completely forgotten about this stunning blunder: The award for biggest entrepreneurial swing-and-miss might go to actress Kim Basinger. Smoldering in films such as 9 1/2 Weeks, Batman, L.A. Confidential and I Dreamed Of Africa, Basinger bombed on a grand scale in 1990 when she sunk $20 million into buying… Read More
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