Barbra Streisand Takes A $1.3 Million Bath. But Not The Good Kind Of Bath

The Smoking Gun ^ | 3 August 2010 | Unattributed

[mkjessup]

Count Barbra Streisand among the many victims of the global financial meltdown. Internal Revenue Service records show that the Hollywood star’s charitable foundation saw its investment portfolio take a whopping $1.3 million hit as a result of the Wall Street collapse.

[KarlInOhio]

I didn't see how much it was worth. If it went from $1.5 million to $200k, then it was a major crash. If it went from $100 million to $98.7 million then she had a brilliant financial advisor who successfully navigated through the crash.

[Mouton]

I wonder whom were the beneficiaries of the foundation...probably some non profit pseudo liberal intellectual groups that support dummocrates.

[SpaceBar]

That’s not even one concert appearance for her..

Yup, chump change.

[mkjessup]

A good point Karl.

I suspect that it must have been a significant loss for Blabs because if it were (per your example) a drop from a hypothetical 100 million to 98.7 million, this wouldn’t make the news at all.

I think (I’d LIKE to think) that her liberal-aiding-and-abetting foundation took a major hit.

[bikerman]

Oh my God where can I make a donation (gag)

[reagan_fanatic]

Isn’t that about what she charges for a concert ticket?

[Mobties]

Her portfolio's sagging more than her 38L* bra.

How's that hopey changey thing comin’ along Babs?

* 38 Long

[bandleader]

“Earth To Babs,How’s That Hopeless Change Working Out For You”?

[tlb]

>>> Heh, heh, heh.

You’re easily amused.

Singer, songwriter, actress and filmmaker Barbra Streisand was born and raised in Brooklyn, New York and has an estimated net worth of $140 million. Her most recent concert tour took in $119.5 million at the box office and was attended by 425,000 people worldwide.

http://www.celebritynetworth.com/richest-celebrities/singers/barbra-streisand-net-worth/

If her investments lost so little in the Obama recession, she has pretty good financial advisers looking after her money.

And btw, since when is Smoking Gun tracking normal and regular investment profits and loss ?

[mkjessup]

Is that you Babs?

Sing ‘The Way We Were’, for old times sake.

[stephenjohnbanker]

Babs made most of her money flipping Malibu real estate, not singing. Same with Cher.