Behind almost every wealthy person is a team of lawyers, financial advisers and accountants. But some types of celebrities, especially Hollywood types and professional sports figures, tend to get rich really fast. And so many of those people have extra levels of help – talent agents and specialist fund managers to help build empires. While clients are busy honing their diverse talents, business leaders step in to manage investments, limit large expenses, and strategize on how to limit tax exposure. (That’s the idea, anyway.)
Most Hollywood fund managers tend to steer clear of the spotlight, content to play a role in the proverbial shadow. They also tend to be predominantly male and on the older side. But tell all that to Louise “Lou” Taylor, who started a management business when she was still in her twenties and has grown into something of a celebrity herself, a media-friendly personality who cuts a surprisingly elegant figure in distinct contrast to other managers. Perhaps it was this unconventional approach that helped his business – Tri Star Sports & Entertainment Group, which is now approaching its 30th anniversary – is enjoying tremendous success.
Today, Taylor has one of Hollywood’s most impressive client lists. While many of these clients are top musicians – Steven Tyler, Post Malone, Travis Scott and Sean “Diddy” Combs, to name a few – she also represents the Kardashian family empire and senior entertainment executives like Bozoma Saint-Jean. More infamously, Taylor has also represented Britney Spears for nearly 15 years, since Spears began her long tutelage.
Taylor’s association with Spears made the former a controversial public figure. Tri Star and Spears went their professional separation in late 2020, with the latter accusing the former of mismanaging her money and charging exorbitant fees. Spears even publicly called Taylor herself in a scathing Instagram post, saying she orchestrated the guardianship and installed cameras to secretly monitor the pop star. Taylor was recently profiled in several Spears documentaries, each of them painting her in a decidedly unflattering light. (For his part, Taylor has categorically denied salacious accusations have been leveled against her.)
Conflicting accounts have also emerged about Taylor herself. Britney’s father, Jamie Spears called him famous “the smartest person in any room”, while Courtney Love share Britney’s contempt for Taylor. In 2019, Taylor was named the Hollywood Reporter’s Business manager icon of the year, with glowing statements from powerful friends like Endeavor’s Patrick Whitesell.
The only thing everyone agrees on is that Taylor has been very successful. Tri Star now has over 100 employees and two giant offices in Nashville and California. In Nashville, Taylor recently sold the company’s 12,000 square foot headquarters to become an even larger shopping complex. And in LA, Tri Star has 16,000 square feet of office space in one of the flashiest buildings on LA’s iconic Sunset Strip.
As his practice has grown in importance, Taylor’s real estate situation has changed dramatically. Although she spends much of her time in Nashville, she also keeps an outpost in LA. In 2015, she paid $ 870,000 for a relatively modest cabin in the Hollywood Hills; Last year, she sold this place for $ 1.3 million and turned it into a contemporary $ 3.5 million home in trendy Beverly Grove, near West Hollywood and the shopping district. sexy restaurant on Melrose Avenue. Like its owner, the house stands out from the neighborhood crowd, a glitzy spot on a street mostly littered with much more humble bungalows.
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