The 6-year-old millionaire who loves 'being the boss'
Kid beauty pageant winner Isabella Barrett is now the center of a mini-conglomerate. But is that a good thing?
British newspapers sometimes look at America with a combination of outrage, condescension and wistfulness -- and their coverage often seems like they're exploring a semi-exotic culture.
So it's no major surprise if the Daily Mirror appears to be slightly taken aback by Rhode Island native Isabella Barrett. The 6-year-old was recently profiled by the British tabloid as a typical kid who is also a "mini-mogul . . . a MILLIONAIRE who has already developed a taste for the finer things in life."
Isabella's success on the kiddie beauty pageant circuit has landed her a spot in the cable TV reality show "Toddlers and Tiaras." And all this publicity has, in turn, turned Miss Barrett into an industry, with her own brand of toys at Toys R Us, a jewelry collection, a soon-to-be-released pop single, a lucrative modeling career and an official Facebook page.
"What's not to like about being a millionaire?" says Isabella, who's not exactly a shrinking violet. "I’m a superstar, I have my own jewelry line, and I just love being the boss. I never lose at anything, and almost every pageant I enter I win. But what I love more than anything is shoes. I have over 60 pairs."
The Mirror says that while Isabella's mother, Susanna, is "quick to hit back at people who criticize her for 'sexualising' her daughter and making so much money from her, she does admit to becoming addicted to her daughter's new-found fame."
If you're a parent, please put aside any strong emotions you might be having at the moment -- and consider the business angle here.
Isabella's line of charm bracelets, Glitzy Girl, was launched in 2012 and reportedly made $1 million in its first year. The company now employs more than 40 people and has been expanded to include makeup and clothes.
Susanna, who controls her daughter's daily business affairs, says she and her husband are trying to keep Isabella's feet on the ground. "You see what happens to these child stars like Britney Spears, and I certainly do not want that happening to my daughter," Susanna told the Daily Mirror. "But she does like nice things, so we do treat her."
Like the parents of other child stars, the family aims to get Isabella on Disney (DIS). "She would love to be the next Selena Gomez," her mom says.
Comments at the Daily Mirror website to Isabella's story are universally negative, by the way, expressing anger over what many readers see as a lost and exploited childhood.
"What do you think, kids," says one entry, "does Isabella really love being a star? Or is she simply the new breed over achiever six year old that you and I wish we were once too?"
What's not to like about being a millionaire?" says Isabella, who's not exactly a shrinking violet. "I’m a superstar, I have my own jewelery line, and I just love being the boss. I never lose at anything, and almost every pageant I enter I win
I don't know .. sounds like the makings of a snob ... if she is talking like this now ... can you imagine what she will be like 10 years from now ..... feel bad for who ever dates her ... she will be very high maintenance !!!
Just wait and see what happens in few years when the "cute" six year old becomes the rich, spoiled, rebellious, pimple faced teen; with raging hormones, and the money to strike back at her parents. After all, one only needs to look at LeAnne Rimes to get a glimpse at money acting out. She, LeAnne, remains a mess, suing anyone and everyone she feels that may have slighted her in the least.
Parents beware. This is a disaster in incubation...maybe even another Lindsay Lohan.
"But she does like nice things, so we do treat her." Hmmm... do you think this kid has ever heard no in her life? I concur with the Lohan statements, unfortunately. Poor kid.
Her parent's should be ashamed of themselves. Have they ever heard of humility and gratitude!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages punctuated a solid week with a subdued Friday session. The S&P 500 shed 0.2% to narrow its weekly gain to 1.7%, while the Nasdaq Composite (+0.1%) displayed relative strength. The tech-heavy index finished the week in line with the benchmark average.
Market participants went into today's session expecting to hear some new insight from Fed Chair Janet Yellen, who delivered the keynote address at this year's Jackson Hole Symposium. Unfortunately, the ... More
More Market News
These companies won't soar like other plays in the sector, but they make for great income sources.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'