FORBES' TOP 10 EXPENSIVE CELEBRITY PICTURES

Forbes lists top 10 celebrity photos that fetched most millions

19 July, 2007

BY OUR CELEBRITY REPORTER

In a world where anything and everything about celebrities sells – even celebrity trash – it's no wonder that celebrity pictures are fetching a fortune.

The past few years in particular have witnessed an unprecedented rise in the prices paid for exclusive celebrity photos. Propelled by the public’s desire to lap up even minute details of celebrity life as well as moves by celebrities themselves to control the shooting and get profit from their images, these photos are worth tens of millions of dollars.

Forbes has compiled a list of the 10 most expensive celebrity photos, by surveying sales of the top-priced photos in the United States over the past 10 years. (The estimates were not adjusted for inflation).

According to Forbes, since the entertainment magazines are tight-lipped about such sales, it was compelled to rely on published reports and only considered photo sales where information was available.

Coming at number one on the Forbes list is the $4.1 million People magazine paid for the pictures of Shiloh Nouvel, daughter of Hollywood actors Brad Pitt and Angelina Jolie, in June 2006.

The second place goes to the wedding photos of Demi Moore and Ashton Kutcher, for which OK! magazine reportedly paid $3 million in October 2005.

Overall, Brad Pitt and Angelina Jolie dominate the list, with four of the top 10 slots.

Photographs that chronicled the sad saga of Anna Nicole Smith accounted for another three.

Forbes – which looked into what makes a photograph worth $500,000 as opposed to $10,000 – found that interest from one of the big celebrity weeklies such as People, In Touch, US Weekly or OK! is the most important thing.

All of the photos on the Forbes list got their big payments from one of these four publications. Exclusive photographs can set themselves apart in a field thick with competition – be it in print, on television, or on the Web.

Dan Wakeford, executive editor of In Touch weekly, says there has to be some element of surprise, news and emotion involved for an image to spawn a bidding war between the entertainment outlets.

Wakeford reportedly paid $400,000 for a shot of Anna Nicole Smith with her son Daniel taken hours before his death. He adds, “The death of Anna Nicole’s son was the massive news story of the moment – it consumed the whole nation, and these pictures were so newsy and so emotive. This was every mother’s worst nightmare, and through these pictures, America could empathise with what Anna Nicole was going through.”

For the photographs of Brad Pitt and Angelina Jolie strolling along an African beach, US Weekly is said to have shelled out $500,000 to print them in 2005. Beyond the picturesque locale and its beautiful subjects, the shots revealed a much-publicised love story. Though no signs of affection were present in the photos, they served as validation of a much-speculated romance between Angelina Jolie and Brad Pitt, Jolie's co-star in Mr and Mrs Smith. At that time, Pitt had already split from actress-wife Jennifer Aniston.

Of late, celebrities are increasingly using a tactic to control the media ‘menace’. Big names like Gwyneth Paltrow, Julia Roberts, and Britney Spears have bypassed the scores of paparazzi by tipping off a single photographer or hiring their own to capture big events such as weddings and births.

This arrangement benefits the celebrities in two ways – besides keeping the crowd of camera-wielding onlookers at bay at highly personal events, it guarantees both an image the stars approve of and a sum of money they either pocket or, in many cases, donate to charity.

In the spring of 2006, Angelina Jolie and Brad Pitt sold pictures of their biological daughter Shiloh Nouvel to People magazine and donated the proceeds to a selection of charities serving African children. The payment reportedly came to $4.1 million, excluding the $3.5 million that Hello! magazine paid for British rights to the photographs.

OK! bought the pictures from the extravagant wedding in Paris of Eva Longoria, star of Desperate Housewives, and NBA all-star Tony Parker paying $2 million, placing the shots in a tie for the third spot on the Forbes list.

The Forbes study found that, beyond the price tags, the types of pictures being snapped have changed in recent years. The paparazzi are increasingly shunning staged moments and instead moving to the streets and the trees to capture unstaged shots – such as celebs taking out the trash or walking their dogs.

Francois Navarre, owner of X17 agency, who employs teams to trail a cadre of A-listers (like Britney Spears and Lindsay Lohan) almost 24 hours a day, says this kind of extreme surveillance is necessary to beat the competition.

Though Ken Sunshine, a veteran publicist whose clients include Ben Affleck and Leonardo DiCaprio, calls the always-present flashbulbs “obtrusive to the point of insanity,” readers really enjoy the real-life element of these images. Harvey Levin, managing editor of Time Warner’s entertainment news website TMZ.com agrees, “We are covering real people and not plastic figures that have perfect hair, perfect makeup, and perfect dresses on a red carpet, which is fantasy. And, who wants that anymore?”

 

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