Inflation isn't such a bad thing for some Knoxville-area stars.
Website celebritynetworth.com, which claims to have the inside track on the financial value of celebrities by using many different sources to formulate an estimate, has updated its numbers of several entertainers from our area. And, ho, ho, ho: A few of them have actually almost doubled their net worth in the past two years.
"We have a team of researchers who perform all the celebrity valuations you see on our site," says Brian Warner of the site.
"We pull data from all publicly available information including earnings from live shows, salaries, real estate holdings, divorces, record sales, royalties and endorsements (as provided by Pollstar and the RIAA). The final net worths come from a formula that takes out taxes, manager's fees, agents' fees, and lifestyle.
"We also verifiy our numbers with many sources including promoters, managers, lawyers and some of the artists themselves."
Here's a rundown of a few of the locals who have done quite well:
Net worth: $450 million (now); $225 million (2010)
Parton is now reportedly worth almost a half a billion dollars. Not bad for a girl who grew up dirt poor in Sevier County all those years ago.
In 2010, the website says her net worth was about half of what it is today. Parton acquired most of her wealth through music publishing, including retaining the rights to her signature song "I Will Always Love You."
When Whitney Houston died earlier this year, Houston's interpretation of the tune was revived commercially, even jumping back up the music charts. Undoubtedly renewed interest in the song this year helped bump up Parton's net worth.
$90 million (now); $75 million (2010)
The Knoxville native, who lived here the first couple of years of his life, has one of the year's most anticipated movies coming with "Django Unchained," starring Jamie Foxx and out Christmas day. That movie alone would be a major factor in bumping up his net worth.
His body of cinematic work — including the cult and commercial classic "Pulp Fiction" — would, alone, set up him financially. He also has investments, including a movie theater in Los Angeles.
$75 million (now); $45 million (2010)
According to the site, Knoxville, nee PJ Clapp of South Knoxville, has nearly doubled his net worth in the past two years. Helping pump it up was the release of "Jackass 3D," which earned more than $150 million at the box office. "Jackass" the TV series still plays around the world, and that helps him pay the rent.
His most lucrative boost to his net worth is being part of a production company that makes TV and movies, too.
$40 million (now); $40 million (2010)
The country music star and peerless touring act grew up modestly near Knoxville and, these days, makes a great deal of his money on the road instead of in the studio. For several summers now, he's been among the top touring acts in the country. His 2012 jaunt with Tim McGraw was a sell out in many arenas.
$5 million (now) $5 million (2010)
The Anderson and Roane County native's net worth has gone virtually unchanged in the past two years. Though she's a cover girl and has appeared in the super-successful "Transformers" movies, she has spent the last couple of years concentrating on her personal life — she married actor Brian Austin Green and the two now have a baby.
Terry Morrow may be reached at 865-342-6445 or email@example.com.
© 2012, Knoxville News Sentinel Co.
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