Cher Denies She's Worth $600 Million

Veteran entertainer CHER has laughed off reports her net worth stands at over $600 million (£400 million), insisting the figure is "nothing like that".
The Oscar and Grammy winner has built up a massive personal fortune from her singing and acting careers since shooting to fame in the 1960s as part of pop duo Sonny & Cher.
She has spent the past three years performing a Las Vegas residency at the Colosseum at Caesars Palace hotel and casino, banking $60 million (£40 million) for the show, which will end in January (11).
But Cher is adamant speculation about her personal fortune is wholly inaccurate.
In an interview on U.S. news show 20/20, she says, "It doesn't even resemble anything like that! I'm doing fine but it's nothing like that! I came from a place where I had to wrap my shoes with rubber bands to keep the soles on! (But) I know how to appreciate it."
The candid chat will air on Friday night (19Nov10).


Tags: Cher


More Cher

Robin Thicke's New Album Titled 'Paula': Ten More Cringe-Worthy Album Titles

In perhaps the most audacious and downright ridiculous move the music business has witnessed in the last few years, singer Robin Thicke has announced his...

Most Unlikely Collaboration Of 2014? Cher on Wu-Tang's "Secret Album"

Cher has officially confirmed her guest appearance on Wu-Tang Clan’s upcoming album. According to Forbes, Cher will lend her iconic voice to two tracks on...

Pharrell Williams Replacing Cee Lo Green As Coach On 'The Voice'

Pharrell Williams is to replace The Voice's outgoing coach, Cee Lo Green, who recently announced that he's be stepping away from NBC's talent contest to...

Cher's Son & 'Desperate Housewives' Star Both Reveal Drug Addiction In Wake Of PSH's Death

In the wake of Philip Seymour Hoffman's probably heroin related death, now is not the time to reveal how heroin "kind of saved" you. Or...


Elijah Blue Allman (Cher's Kid) Opens Up On Drugs, Started Using Aged 11

Cher and Greg Allman's son, the musician and artist Elijah Blue Allman, has opened up about his battle with drug addiction, which he says began...

Britney Spears Becomes The Latest Star To Threaten Retirement

Britney Spears starred in her own fly-on-the-wall documentary I Am Britney Jean for E! over the weekend, in a feature-length outing that allowed fans to...

Cher Needs A Wig Room On Tour

Pop superstar Cher demands a special backstage room where she can keep all her wigs while she is on tour.The veteran singer, who is preparing...

Cher's Son Chaz Bono Loses 85 Pounds On Health Kick

Cher's son Chaz Bono won't be feeding his face this Thanksgiving after losing a whopping 85 pounds (38.5 kilograms) on a diet plan set out...



Cher Newsletter

Subscribe to this news alert service to receive news and reviews on Cher

Unsubscribe | Unsubscribe All