John Travolta Spends His Money Very Differently Than Other Celebrities, Here's Why

Posted by Zora Stowers on Wednesday, May 1, 2024

Highlights

  • John Travolta's missteps in his career have hindered his luck, however his roles in classic motion pictures be certain he'll proceed to work in Hollywood.
  • Travolta has amassed a web price of $250 million and spends his money on flying, lavish properties, luxurious watches, and dear holidays.
  • Unlike other Hollywood stars, Travolta is risk-averse in the case of spending his money and avoids dangerous investments, who prefer to maintain his fortune.

When other people look back on the legacy John Travolta leaves in the back of after he passes away expectantly years from now, he likely shall be remembered as a captivating figure. After all, there are not many legendary actors who've starred in as many notorious box-office flops as Travolta has.

While Travolta has said he doesn't regret starring in one of the worst movies ever made, there's no doubt that his many missteps have hindered his occupation.

On the other end of the spectrum, Travolta has cemented his position in Hollywood history after starring in several movies that are widely considered to be all-time classics. Thanks to these roles, Travolta virtually certainly will proceed to get appearing work till he retires or passes away.

RELATED: John Travolta Lost Millions On This Controversial Movie, Nearly Ruining His Career

Thanks to the fact that Travolta has worked as a high-profile actor for decades now, he has managed to acquire a huge fortune. Unlike Travolta's peers who've additionally cashed in, it turns out that he has a very different mindset in relation to how he spends his money than other Hollywood heavyweights.

Updated August 2023: John Travolta is not probably the most Hollywood A-listers who spends his money on frivolous things. While his spare time activities are dear and the existence that he is aware of costs money to care for, Travolta isn't one to threat his money when he does not know if there might be a return on his investment.

As a result of this, Travolta has amassed a net price of $250 million.

The hesitancy to speculate hundreds of thousands right into a deal or a undertaking can have to do with the fortune that Travolta misplaced with the film, 'Battlefield Earth'. As a result of that film, not handiest did Travolta's occupation no longer recover to the purpose of the place it used to be earlier than the film was launched, but he was by no means ready to recoup that money either.

As such, Travolta continues to spend his hard-earned money on his hobby of flying and residing in lavish homes. There is no monetary menace with doing so, and that is simply the best way Travolta likes it.

How Does John Travolta Spend His Money?

After Saturday Night Fever was launched in 1977, John Travolta changed into an enormous megastar pretty much in a single day. From there, Travolta went directly to famous person in numerous extra large hits that ensured that the powers that be in Hollywood wanted to work with him.

Since Travolta has been in excessive call for on and off throughout his career, he has controlled to demand some huge paydays. According to celebritynetworth.com, Travolta has managed to accumulate a $250 million fortune.

Like most of the people with that roughly money, Travolta has bought some truly unbelievable things.

One of the obvious issues that Travolta has spent his money on is real estate. According to stories, Travolta owns a $4 million home in Florida and an $18 million house in California, both of which he bought with his late spouse Kelly Preston.

Of direction, it mustn't wonder anyone that Travolta has an extremely dear automobile collection. However, not like maximum stars who spend a huge portion of their trip funds on dear vehicles, Travolta has discovered a special approach to get round.

For a few years now, Travolta has been an authorized pilot. In fact, in keeping with stories, Travolta has owned no less than one airplane ever since 1976. In recent years it has been reported that Travolta owns an Eclope 500 and a former Qantas Boeing 707.

RELATED: How Did Kelly Preston React To John Travolta's Gay Affair Rumors Which Threatened The Legitimacy Of Their Marriage?

If that wasn't impressive enough, Travolta also owns his own airport which is positioned at the similar property as his Florida house. On most sensible of that, his Florida property additionally has an airstrip that allows him to take off at once from his house.

To handle an airplane is terribly dear from all accounts, so it is arduous to fathom how a lot it costs Travolta to possess a number of.

On top of Travolta's homes, cars, and plane, he additionally owns things like luxurious watches, a suit collection, and he goes on pricey vacations with his circle of relatives.

John Travolta's Surprising Financial Philosophy

In 2017, a writer for entrepreneur.com named Amy Osmond Cook were given the chance to talk to John Travolta. In the resulting interview, Osmond Cook were given the chance to invite about plenty of subjects together with his lengthy occupation and philanthropic efforts.

Arguably the most fascinating a part of the aforementioned interview used to be when Travolta explained his perspectives on spending his fortune.

Given the entirety he owns, Travolta obviously leads an extremely lavish way of life. However, in step with Travolta, his perspectives on the best way to spend his fortune are wildly different from maximum stars.

Based on what Travolta stated in that aforementioned interview, he is extremely risk-averse in terms of spending his money and that is the case for a shocking reason. According to Travolta, he is too scared of losing his fortune to make risky investments.

RELATED: John Travolta Got Buried For A Fred Durst Film That Barely Made Over $3,000 At The Box Office

"I don't take much risk," Travolta explained. "This is my own personal vulnerability, but it's also a strength in itself. I work hard for my money; I don't like to waste it, and I don't like to lose it."

Travolta went on to say, "I am not a very good example of clever business ventures. I am a good example of conservative ones, though. Something in my DNA will not let me take the risk. I am not a gambler type. I don't get the jaunt out of it."

"I know where every cent I've ever spent has gone. It's hard when you're not risking things, but that's the way I like it," Travolta concluded about his perspectives on spending and risking his hard-earned money.

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