Justin Bieber: new financial superpower

[DT-waw]

33 biggest european banks lost 80% of their value in the last 5 years.
now worth $330 bn.

Justin made over $50 million last 12 months.

if the pace of these trends will continue, during the next 20 years, banks could lose another 0.2 x 0.2 x 0.2 x 0.2 = 99.8% of their value, bringing the valuation down to 600 Mill dollars.

Justin will be worth more.
Thoughts?

 

[DT-waw]

Now, if we'll invest his last year earnings at 30% p.a. in Gold or some smart managed futures....

1,3^20 = 190x more wealth after 20 years or $10B!

 

[wolfpack]

Justin Beiber is a fad. I wouldn't be surprised if he turns into the drugged out male counterpart of Lindsey Lohan.

He will be all over the super market magazines. But he won't be worth more than a European Bank. That would be humiliating.