CURRENT AFFAIRS

Detailed explanation-1: -American media personality and reality TV star Kylie Jenner has been crowned the highest-paid celebrity of 2020 by Forbes. As per E! News, the top-earning stars in the world earned a combined of USD 6.1 billion in 2020 with Kylie Jenner and Kanye West at the top of the list.

Detailed explanation-2: -The top earning celebrities were Kylie Jenner and Kanye West, who brought in $590 million and $170 million, respectively. West collected most of his earnings from his Yeezy sneakers deal with Adidas, while Jenner’s payday came from selling a 51% stake in her cosmetics firm to Coty in January.

Detailed explanation-3: -The world’s celebrities may be well known for the media they produce, but the bulk of their earnings are made through business dealings. First on the list is New Zealand director Peter Jackson, best known for directing, producing, and writing the screenplays for the Lord of the Rings and Hobbit trilogies.

Detailed explanation-4: -And so, making nearly 10 times over what he started with, pre-film-release, Cruise’s 2022 earnings accumulate to a whopping US$100 million, making him the highest-paid actor of the year.