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Celebrity Twitter Worth $7 Billion

Posted by on March 7, 2011 at 11:00 AM EST

twitterCelebrities aid in making Twitter worth an estimated $7.7 billion.

Still hyped that Charlie Sheen has finally created a Twitter account? (@charliesheen) The founders of the social networking site are pretty escstatic themselves as recent reports say Twitter is worth $7.7 billion. Of course this is primarily due to the overwhelming number of celebrities that Tweet their every move. (Lady Gaga, Britney Spears, Justin Bieber)

Pretty amazing that Twitter, which allows you to tweet 140 character messages is worth almost $8 billion. We can pretty much thank celebrities such as Lady Gaga and Justin Bieber for the crazy price tag. The most recent celeb Tweeter is Charlie Sheen who has already broken the record for the most # of followers in the quickest amount of time.

Companies are even using Twitter to advertise their products. Celebrities will be paid an estimated $10,000 and up per tweet to endorse different products…not a bad way to make money. 140 characters gets you $10,000…sign me up!

By the way, the reigning Twitter queen is Lady Gaga, with 8.6 million followers…Charlie Sheen is quickly closing the gap though.



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