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 © 2013 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.
Sales of collectible automobiles hit an all-time record this year, leading some to speculate that soaring prices could lead to a huge deal.
- Bah, humbug! New Christmas tree tax proposed
- Should you get a store credit card?
- The best credit cards of 2013
- Can a new chief exec keep GM on course?
- 'Tips for Jesus' big spender unmasked?
- Chinese investors are buying up Detroit
- Mega Millions jackpot hits $344 million
- 5 reasons to think twice about a balance transfer card
- Will I have to pay taxes because of a foreclosed home?
[BRIEFING.COM] Equity indices settled on their lows following a steady, session-long slide. Similar to yesterday, small-caps paced the retreat as the Russell 2000 fell 1.6%, extending its December loss to 3.6%. The S&P 500 settled lower by 1.1%, widening its month-to-date decline to 1.3%.
There was no specific news catalyst behind today's slide, which had the markings of broad-based profit-taking. Seven of ten sectors settled with losses of 1.0% or more while only two groups ... More
More Market News
The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.