The effect of social media on celebrities and their relevance

Celebrity asset acquisition is not merely the art of purchasing properties or material things to display their wealth but it is becoming a thing of competition and rivalry. Largely due to the huge amount celebrities such as; Footballers, Basketballers, Musicians, Boxers to mention a few get as pay from performances, matches, bout, endorsements, image rights and many more, it is anybody’s guess what this celebrity net worth is. This is one of the main reasons why they acquire luxury and live exotic lives. The showbiz has given them huge pay cheque that the way they live their daily lives is every ones’ envy. The pay ratio still varies from industry to industry in the entertainment world, due to the timeframe and risk involved sports tends to have a huge pay out especially from an early age in as much as the player can display his or her talent and prove his or her worth to the team.

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