In this current society, various personalities can earn more financial resources than many political people. In this essay, I will show out some reasons for this pattern.
The first reason for this tendency is that myriad renowned individuals possess a wide range of fans not only in these people’s nations but also all over the world which can facilitate many well-known people to earn plenty of money based on numerous domestic and international advertising contracts for luxury brands. As an illustration, many K-pop bands such as Black Pink and BTS can earn a huge amount of money based on many advertising videos for Gucci or Chanel. Meanwhile, many politicians only earn money through taxation which partially depends on the revenue of the nation. Furthermore, many popular persons can earn lots of financial resources through music videos released on many social platforms such as youtube, facebook, and Spotify, which are possessing billions of users. For instance, Taylor Swift can earn millions of dollars just through one song named “you belong with me” which were released on social media.
This tendency can be a positive development. The overall economic growth of the nation can be boosted, attributed to the rise of revenue of different celebrities. For example, the GDP of many nations worldwide has risen since the popularity of many music bands, singers, actors, and actresses including Korea, the UK and the US. In addition, many personalities can provide a small amount of money they earned to many benevolent organizations and non-profit groups which can help the needy, particularly the abandoned and poor children have a chance to gain access to necessities such as education, entertainment and food, subsequently leading to the life quality enhancement of citizens.
In a nutshell, the trend that many celebrities earn more money than political persons is attributed to several reasons. This trend is considered a positive enhancement due to the contribution of many renowned persons to society.