this post was submitted on 14 Nov 2023
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Child actors have been making more than you since the 50s (probably before hand as well).
Mary Kate and Ashley Olsen were billionaires - on paper - before they turned 18. But they had unpleasant young lives.
So did a lot of people, but they didn't get a billion dollars for their troubles.
You can float in and out of rehab in a drug-fueled haze for a lot less than a billion dollars. The industry is horrifically abusive, particularly to young people. And for every Mary Kate and Ashley, there's a legion of kids who endure all that abuse for nothing.
A lot of them got screwed out of their money, especially in the old days where there were no laws to protect them.