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Celine Dion: You Can't Have Enough Money

Saturday, 14 August 2010

Celine DionFirst and foremost, Celine Dion is known for her brilliant performance of the heart-wrenching song My Heart Will Go On, a love theme to the Titanic, a James Cameron movie starring Leonardo Di Caprio and Kate Winslet. Meanwhile, her career as a singer, songwriter, actress, and entrepreneur had span for sixteen years before the Titanic came along in 1997.

Celine Marie Claudette Dion was born March 30, 1968 to a large, impoverished family in Charlemagne, Quebec. The youngest of fourteen children, Celine Dion was raised a Roman Catholic in a poverty-stricken, but, by her own account, happy home in Canada. Music had always been a part of the family, as she grew up singing with her siblings in her parents' small piano bar called Le Vieux Baril. From an early age Dion had dreamed of being a performer. Dion emerged as a teen star in the French-speaking world after her manager and future husband Rene Angelil mortgaged his home to finance her first record, La voix du bon Dieu (The Voice of the Good God), which later became a local number-one hit and made Dion an instant star in Quebec. Her popularity spread to other parts of the world when she competed in the 1982 Yamaha World Popular Song Festival in Tokyo, Japan, and won the musician's award for «Top Performer» as well as the gold medal for «Best Song» with «Tellement j'ai d'amour pour toi» (I Have So Much Love for You).

By 1983, in addition to becoming the first Canadian artist to receive a gold record in France for the single «D'amour ou d'amitie» (Of Love or of Friendship), Dion had also won several Felix Awards, including «Best Female performer» and «Discovery of the Year». Further success in Europe, Asia, and Australia came when Dion represented Switzerland in the 1988 Eurovision Song Contest with the song Ne partez pas sans moi (Don't Go Without Me) and won the contest by a close margin in Dublin, Ireland. However, American success was yet to come, partly because she was exclusively a Francophone artist. Though confident in her talent, Angelil realized that her image needed to be changed in order for her to be marketed worldwide. Dion receded from the spotlight for a number of months, during which she underwent dental surgery to improve her appearance, and was sent to the Ecole Berlitz in 1989 to polish her English. In 1990, she released the Anglophone album Unison, establishing herself as a viable pop artist in North America and other English-speaking areas of the world.

In 1993, Dion announced her feelings for her manager by declaring him «the colour of (her) love» in the dedication section of her third Anglophone album The Colour of My Love. Eventually, Angelil and Dion married in an extravagant wedding ceremony in December 1994, which was broadcast live on Canadian television.

As it was dedicated to her manager, the album's motif focused on love and romance. It became her most successful record up to that point, selling more than six million copies in the U.S., two million in Canada, and peaking at number-one in many countries. The album also spawned Dion's first U.S., Canadian, and Australian number-one single The Power of Love which would become her signature hit until she reached new career heights in the late 1990s. The Colour of My Love also became Dion's first major hit in Europe, and in particular the United Kingdom.

Dion's most successful single became the classically influenced ballad My Heart Will Go On. Serving as the love theme for the Titanic, the song topped the charts across the world, and became Dion's signature song as well as winning the Academy Award and Golden Globe for Best Original Song. The song also gave Dion two Grammy Awards for «Best Female Pop Vocal Performance» and the most coveted «Record of the Year».

However, in 1999 at the height of her success, Dion announced a hiatus from entertainment in order to start a family and spend time with her husband, who had been diagnosed with cancer. She returned to the top of pop music in 2002 and signed a three-year contract to perform nightly in a five-star theatrical show at the Colosseum at Caesars Palace, Las Vegas.

Whether in show business or grocery business, successful individual must earn a lot - this is a law in the present day market economy. It's difficult to estimate the amount of money Celine Dion has earned thanks to the fact that 200 million copies of her albums were sold worldwide. In 2009, Celine Dion was named the 20th best-selling artist of the decade in the United States and the 2nd best selling female artist of the decade in the United States, selling an estimated 17.57 million albums. In June 2009, Forbes Magazine reported that Celine Dion earned $100 million during 2008, second only to Madonna.

In December 2009, Celine Dion was announced to be the best-selling solo touring act of the decade and the second best-selling touring act of the decade, only to the Dave Matthews Band. Dion grossed $522.2 million during the decade, a large sum of that coming from her five year residence at Caesars Palace.

There is another principle in the world operating by the rules of market economy - the one who makes a lot, spends a lot. Celine Dion, however, cannot be called a big spender, though she doesn't scrimp and save on her family. For instance, Dion Celine is very tolerant towards the gambling problems of her husband and producer Rene Angelil. Angelil is a known poker player and a gambler, who, according to journalists' rough estimates, gambled away a total of more than ten million dollars. His one-time gambling record was set in 1997, when he lost $4.5 million during one night.

However, Dion is very forgiving of her man's weakness: first, as a producer, Angelil greatly contributed to her success and deserves a fair share of their high family income, and secondly, the diva has vulnerability herself - she likes shopping, and her footwear collection includes more than 3 thousand pairs.

Nonetheless, Dion has an appetite not only for small purchases, sometimes she wants something big. For instance, last spring she was rumored to contemplate bidding on the Montreal Canadiens, one of the most famous clubs in the National Hockey League. The market value of the club is roughly estimated at $330 million. Though these rumors were never confirmed, the mere fact that Dion can be seen as a bidder shows that her financial position today is not shaken by the global crisis.

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