Fame
& Fortune: Danny BonaduceFormer child star bounces
between failure and success | | |
| Bankrate: Given
how famous you are, people might be under the impression that you're rich. Would
they be right? Danny Bonaduce: No.
Am I rich by my standards of rich? No. What's your lowest standard of rich? If
you ask me if I have a certain amount of money or not, I'll tell you yes or no.
Bankrate: Are you a millionaire? Danny
Bonaduce: Yes. Bankrate:
Multimillionaire? Danny Bonaduce:
Do I have two? Probably. Bankrate:
Total assets, or liquid? Danny Bonaduce:
I think total assets. I probably have a few million bucks. Bankrate:
Do you still get residuals from "The Partridge Family?" Danny
Bonaduce: No. I did not make a living in show business until I got into
radio. "The Partridge Family" paid me $490 a week, 37 years ago. Bankrate:
And no residuals?
Danny Bonaduce: No. That
wasn't the deal back then. Plus, the residuals on $490 wouldn't
be anything anyway. I did three episodes of "CHiPs"in the '80s,
and I do get residuals from them, and they're usually like 11 cents.
It costs them more money to pay me than they pay me.
Bankrate:
Do you have any capacity for managing your finances? Danny
Bonaduce: Here's my entire financial plan. If I die with one dollar left
in the bank, I didn't live right. But on the other hand, I do have a family to
take care of, and living in the streets is not an expression with me -- it's what
I actually had to do for two years. That's never happening to my family. I plan
it out daily. I might have that couple million bucks, but in the lifestyle we
currently lead, I figure out every day how long we can live without making money.
I'm obsessed with having a certain dollar amount that in my head will take care
of my family for the rest of their lives so they don't end up living behind the
dumpster behind Grauman's Chinese Theater like daddy did. I have a real good accountant,
a real good guy who invests. Bankrate:
Do you have any specific type of investments you're partial to?
Danny Bonaduce: My wife
is very partial to real estate and has done pretty well in it. She
keeps buying houses, fixing them up, selling them and moving to
another house. We live in them -- we're not that kind of rich where
we can buy an expensive house and not have to live in it. She has
made hundreds of thousands of dollars over the years, and then we
have whatever it is that's recommended by my financial advisers,
who I trust. I'm buying into an indoor water park in Michigan. I
own parts of a couple of strip malls in Vegas. Stuff like that.
|