Home Celebrity News Oscars 2020: Do Celebrities Make Money for Winning?

Oscars 2020: Do Celebrities Make Money for Winning?

by Jennifer
Oscars 2020: Do celebrities make money for winning

Hollywood means a lot of cash, as several celebrities leave with numerous bucks in their pockets for their playing in a movie.

While financial success is a concern for the movie sector, there’s an additional reward they continuously chase after the Oscar.

An Academy Award is the leading reward within the movie sector, acknowledging the best of the best throughout numerous classifications: acting, directing, composing, outfit style, and also much more.

While entrusting to such a respected reward is unique per se, do the champions make anything else– particularly cash– for their success?

Lady Gaga, pictured in 2019, holds her Oscar for best original song for 'Shallow' from 'A Star Is Born.'

According to Yahoo, winners do not straight get any added cash after winning an Oscar.

However, only in 2014, Forbes reported that every one of the candidates in the acting and also directing classifications were likewise gifted a boodle bag with a worth of $140,000 by an outside product advertising and marketing business called Distinctive Assets. Among the awards provided to the candidates were health spa journeys, fashion jewelry, and also also a deluxe cruise ship.

That being claimed, there is even more to acquire on Oscars evening than only a slightly gold sculpture and also pricey trips.

In 2015, Money reported that Hollywood representatives approximate that entertainers see their pay boost by around 20 percent after they win an Academy Award.

The outlet likewise claimed there is usually a sex wage space, as male stars make approximately $ 3.9 million more, while their women equivalents might see just about $500,000 more.

There’s still an additional vital point that winners make with an Oscar: profession increases.

Lupita Nyong'o has starred in several high-profile films since winning an Oscar. (Photo by Kevin Winter/Getty Images)

While celebrities like Meryl Streep or Tom Hanks have gathered virtually as much status as any star can, beginners can see their professions blow up after an Oscar win.

Take Lupita Nyong’o as an example, who won an Oscar in 2014 for her role in “12 Years a Slave,” which was her initially significant character after entering the business, according to IMDb. After her win, Nyong’o, currently 36, was cast in “Star Wars,” Marvel’s “Black Panther,” and also a handful of various other top-level and even extremely high-earning movies…

Similarly, Matt Damon and also Ben Affleck saw their professions fly after their portrayal in “Good Will Hunting” won 2 Oscars. The couple won for their movie script, and also ever since, Damon, 49, has gained three even more nominations (along with an acting nom for “Good Will Hunting”). Affleck, 47, likewise won an additional Oscar in 2013.

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