Stars come and go on the American show ‘The X Factor’ they pass through in and out of fame like chocolates being boxed up on a continuous production line conveyor belt. Some celebs hardly last long enough to get the standard deal package – ‘15 Minutes of Fame’ so winners and losers need to be smart these days or they are soon going to find that all they have left are memories and the money they made has long gone!
So it is great news to see the latest winner of the show – Melanie Amaro to buy House with ‘The X Factor’ Winnings.
Fabulous to here that is such a sensible thing to do as long as she does not get sucked into any corrupt housing scam or foreclosure racket. Melanie Amaro won $5 Million US Dollars an awful lot of money by any standards, but it still need to be managed and invested with care including background profiling and due diligence checks before making an investment in a house and/or high value items like cars – furniture – fixtures and fittings etc etc.
Simon Cowell – quote – Amaro, who was mentored by judge Simon Cowell and was at one point eliminated then reinstated to the contest, was awarded the grand prize: a $5 million recording contract and a starring role in a Pepsi commercial.
Melanie Amaro to buy House with ‘The X Factor’ Winnings…