Celebrities Are Dropping Like Flies, But I Wonder...

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Okay. I'm a money guy. Real shocker, I know, right? So, of course, there are many things that I view from a money angle, even if that angle in some situations seems rather out of place. But I am curious, you know. There's always a money angle to things, isn't there? So, we've got a lot of celebrities kicking off lately. And that's no surprise, really. I mean, so many are very old, in their 80s and 90s, and people don't live forever of course. These are the "first" of the baby boomer generation, many of them. This was a period between 1946 and 1964 when roughly 76 million babies were born. Of course, where you have celebrity, you also have money. And when a celebrity dies, much of that money will be transferred in one way or another. Not all of it will go to death taxes. A lot of it will be passed down. Hulk Hogan was worth $25 million. Loni Anderson was worth $12 million. Brian Wilson was worth $100 million. Ozzy Osbourne was worth $220 million. Chuck Mangione was worth $10 million. Connie Francis was worth $25 million. Bobby Sherman was worth $8 million. George Wendt was worth $10 million. Ruth Buzzi was worth $22 million. Wink Martindale was worth $20 million. Even with just this short list, and there were countless others who we lost this year alone, this accounts for $452 million. Let's not forget the aging Forbe's richest list of prominent business people as well and the billions of dollars of transferable wealth that amounts to. Needless to say, inheritances will be ubiquitous for several years to come. The money has to go somewhere, and my thought is, many of the recipients will not be as tight with their money as perhaps the people who earned it were. It will be spent. The question is how, and on what? At what percentage and at what rate of spend? What are the economic impacts of this rush of spendable cash? How will it affect earnings reports for businesses? Inflation? Is it a "backdoor" cache of wealth, long stored, that will now be a newfound spur for a new wave of economic boom? Like I said, I'm a money guy, and so these things occur to me. I find it fascinating. I know the money has to go somewhere. A lot of it won't just sit. And of course, I want to find out whatever areas where it might go and determine how I can cash in on my own little slice of that. Because let's face it, morbid though it might be, it's also the reality, there's going to be a lot of money moving around over the next few years.