How much money does Wiggy have?

Discussion in 'The Howard Stern Show' started by Leopold, Jun 8, 2015.

  1. Leopold

    Leopold Active Member

    Reputations:
    860
    Joined:
    Feb 4, 2014
    Messages:
    51
    Likes Received:
    121
    Wiggy has a lot of money... but he has spent a huge amount too between taxes and the Polish Princess

    Think about it. He made $500 mil from Sirius in contract one, maybe $400 in contract 2. $900 mil is a huge amount.

    His expenses are enormous though:

    - Taxes - half between the feds and NY state - Say $450 million
    - Chimney Manor - $50 mil
    - Palm Beach Manor - $100 mil after renovations...
    - New York bachelor pad with Ralphie Cakes - $50 million
    - Buchwald the agent - 10% - Say another $100
    Just that is consumes $750 of the $900. His other spending probably another $50 mil.
    So Wig probably has $150 million left... or shal we say, Wiggy has $75 mil and Beefus has $75 million
     
    ARM and Mike Huntslooce like this.
  2. crazycreep

    crazycreep Well-Known Member

    Reputations:
    7,424
    Joined:
    Mar 27, 2013
    Messages:
    1,384
    Likes Received:
    1,311
    I think he's close to a billion - he made a ton of dough on snapple too.... Money works for itself when you get into that tier of wealth & amasses
     
    ARM, DuckDong, Captain and 2 others like this.
  3. Calloused Shins

    Calloused Shins Well-Known Member

    Reputations:
    68,953
    Joined:
    Oct 17, 2014
    Messages:
    4,882
    Likes Received:
    8,184
    Enough...
     
    ARM likes this.
  4. Leopold

    Leopold Active Member

    Reputations:
    860
    Joined:
    Feb 4, 2014
    Messages:
    51
    Likes Received:
    121
    My point is that Wiggy might have been paid a lot... he has also blown through a shitload of his money
     
  5. JameGumb

    JameGumb We're all out of toner!

    Reputations:
    227,685
    Joined:
    Dec 29, 2013
    Messages:
    35,504
    Likes Received:
    26,807

    You're not taking into account of all the wealth he had before Sirius. Stock options in companies including SXM. His gong show money. And remember the houses and apartments are still liquidable assets. So he's easily still in the 3 quarter of a billionaire range.
     
    ARM, Mack29, floplop and 1 other person like this.
  6. RumBalls

    RumBalls The original RumBalls, est. Jan 16, 2012

    Reputations:
    10,136
    Joined:
    Jan 16, 2012
    Messages:
    2,622
    Likes Received:
    2,086
    He's got way more than that imo

    When you have that amount of $$ the returns you can get on just conservative investments alone would be huge.

    If Howard has his money working for him he's probably making huge $$ yearly just off of investments
     
    ARM, DuckDong, Ta Ta Toothy and 2 others like this.
  7. BethSucks

    BethSucks Well-Known Member Staff Member

    Reputations:
    422,939
    Joined:
    Jan 15, 2012
    Messages:
    23,895
    Likes Received:
    46,377
    The properties remain an asset, except for Florida they are all worth far more than he paid for them, they are far better earners than Beth. The 1% have a million ways to reduce their tax burdens and the money to pay financial managers to carry it out. Howard was making $20+ million per year at WXRK and has presumably been investing extra cash for decades. Depending on the success of those those investments he could have anywhere from $500 to $900 million.
     
    JameGumb, ARM, Captain and 2 others like this.
  8. EvolvedMarbles

    EvolvedMarbles Well-Known Member

    Reputations:
    11,518
    Joined:
    Feb 22, 2014
    Messages:
    1,610
    Likes Received:
    2,805
    He has got to have multiple accountants working with a business manager to shuffle, defer, etc. his earnings through any number of legal hoops to drive down his effective tax rate a bunch.

    Spend a million a year to save ten million? ...let's see Robin, one goes into ten how many times? Ten. So take one from ten...well five from ten is FIVE Robin, so... :)
     
    SlowAdam, ARM and John Coktoaston like this.
  9. lovetalkradio

    lovetalkradio Well-Known Member

    Reputations:
    108,858
    Joined:
    Feb 1, 2014
    Messages:
    7,045
    Likes Received:
    6,144
    HATE this conversation. Why? Because the amount is HIGHLY inaccurate. Even before Sirius money. Yes, he did hit the big payday on contract number one, but that's about it.
    Sirius was NOT about to pay him anywhere near the first one esp. since he works half a week. (Imagine, Wiggy telling the TRUTH about something!) Yes, he has 100mil
    in property that he paid cash for, but prob. not that much more after that. Read between the lines: when Robin kept pressing him about signing again to do AGT, he finally
    broke down and said "I need/I could use the money." Sounds like someone who has hundreds of mil's or hit the bil mark? Don't think so.
     
  10. Rupert Pupkin

    Rupert Pupkin That Ass is Attached to Daniela Lopez Gold

    Reputations:
    84,190
    Joined:
    Mar 12, 2012
    Messages:
    8,486
    Likes Received:
    15,941
    Howie has this much money.

    [​IMG]
     
  11. The Booey

    The Booey Well-Known Member

    Reputations:
    112,586
    Joined:
    Jan 16, 2012
    Messages:
    11,176
    Likes Received:
    21,202
  12. lovetalkradio

    lovetalkradio Well-Known Member

    Reputations:
    108,858
    Joined:
    Feb 1, 2014
    Messages:
    7,045
    Likes Received:
    6,144
  13. PelicanWig

    PelicanWig Beautiful Soup

    Reputations:
    54,302
    Joined:
    May 24, 2013
    Messages:
    7,208
    Likes Received:
    8,674
    The BethBlog always hints that he is cash strapped. :dontknow:
     
    Divorce Chicken likes this.
  14. R.P. McMurphy

    R.P. McMurphy Well-Known Member

    Reputations:
    199,092
    Joined:
    Jan 22, 2012
    Messages:
    41,581
    Likes Received:
    40,972
    ...ive always felt this is closer to the truth. his first divorce cost him plenty and for all we know may still be costing him depending on the agreement plus it looks like he spends a lot of money on shit he doesnt need like ronnie the limo driver, tony the wig stylist, beth the female impersonator, and his "long time friend and styilist ralph cirella". i honestly think he took the agt gig because he needed the influx of cash. that being said it is true that well invested money does work for itself. id love to see him go broke and owe the irs a ton of money.
     
    ARM, check1, Ta Ta Toothy and 2 others like this.
  15. A. Genius

    A. Genius Well-Known Member Banned User

    Reputations:
    5,015
    Joined:
    Feb 3, 2015
    Messages:
    649
    Likes Received:
    910
    He's a Jew. Probably still hasn't cashed in his 10 grand in bar mitzvah bonds. Jews take care of their own. He has Jew accountants, managers, agents, whatever. They take care of their own. Even when they sue each other, all the Jew lawyers probably figure out ways to pay off lawsuits with non Jew dough. That's the only thing good about being a Jew. But of course, celeb Jews love to say how atheist they are so they are Jew in name only. JINO's, if you will. Just because I said Jew so many times doesn't mean I hate them as a group necessarily, I'm just making a point. Think I'll adopt JINO from now on. End rant.
     
    ARM, EmperorsNewCaps, Tyrus and 3 others like this.
  16. BethSucks

    BethSucks Well-Known Member Staff Member

    Reputations:
    422,939
    Joined:
    Jan 15, 2012
    Messages:
    23,895
    Likes Received:
    46,377
    He has the first nickel he ever made, he has always been a cautious investor who has had access to the best advice and opportunities, he's been saving millions a year for over a generation, that doubles probably every 7-8 years. Having $125 million in paid for trophy properties in some of the most in demand spots on Earth doesn't hurt either.

    The first Sirius contract also included over $200 million in bonuses and the $25 million merger bonus both of which have been documented in his lawsuit vs SiriusXM
     
    PelicanWig likes this.
  17. Kool

    Kool Well-Known Member

    Reputations:
    32,141
    Joined:
    Mar 12, 2012
    Messages:
    8,612
    Likes Received:
    8,812
    [​IMG]
     
    ARM, Tyrus, SouthernListen and 2 others like this.
  18. njguy8

    njguy8 Well-Known Member VIP

    Reputations:
    134,975
    Joined:
    May 30, 2012
    Messages:
    6,079
    Likes Received:
    10,727
    Very tough to say..... and we'll certainly never find out through him. Don't forget he dropped out of the race for NY mayor because he didn't want to disclose what he made.

    What would be funny is if Howard doesn't tell us so we would think he's still a "regular" guy - which we all knew he blew years and years ago.

    I would guess a couple of corrections to what's posted here.

    First, I'd bet he was a multi-millionaire before ever signing with Sirius. He could of put more than a hundred million in the bank while he was on FM - and before meeting the vapid spending bitch.

    Also, there's no mention of the 15 million from AGT - which you could say goes directly to the vapid bitches shoes and jewelry.

    He's spending a fortune - mostly in real estate, which is usually a smart investment - but considering that he's paying top, top dollar for his places, he may not even break even when he sells them.

    All in all, I don't think he's a billionaire, but certainly has a few hundred million put away.

    All of that will change when he divorces the vapid bitch.

    If there's anything to karma, he'll live has last years completely broke and destitute. That would be fair considering what he's done to us, his fans.
     
    ARM, PelicanWig, Mr Fantastic and 4 others like this.
  19. A. Genius

    A. Genius Well-Known Member Banned User

    Reputations:
    5,015
    Joined:
    Feb 3, 2015
    Messages:
    649
    Likes Received:
    910
    @Kool Funny useful idiot.
     
  20. BethSucks

    BethSucks Well-Known Member Staff Member

    Reputations:
    422,939
    Joined:
    Jan 15, 2012
    Messages:
    23,895
    Likes Received:
    46,377
    One of the unknowns is what he got in syndication fees from CBS in the last decade he was on free radio, in the CBS lawsuit the contract spelled out a $15-20 million base salary, the syndication fees were not assigned a cash value as they varied from year to year but it's possible they were very large, something that has some merit because Jackie was incensed at not getting a piece of that pie.
     
    ARM, John Coktoaston and njguy8 like this.