+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Celebrities at this year's Oscars got $138,000 gift bags — including a $50K private stay in a castle

Mar 28, 2022, 23:25 IST
Business Insider
An image of Turin Castle from above. A vacation to the castle is included in this year's Oscar swag bag.Turin Castle
  • A handful of celebrities attending this year's Oscars walked away with a swag bag worth $138,000.
  • Some of the highest-ticket items: A private vacation to a Scottish castle and a spa package.
Advertisement

For some celebrities who didn't win an Oscar at the Academy Awards ceremony last night, there's a killer consolation prize: A $138,000 freebies package.

The swag bag, which has been organized by marketing firm Distinctive Assets for the past two decades, is given to nominees in the best actor and actress, supporting actor and actress, and director categories.

More than just fancy olive oil and a stuffed tiger plush, the prestigious swag bag includes a $50,000 private vacation at Turin Castle — a 10-bedroom castle in Scotland — and a $15,000 spa retreat for two.

There are fancy cookies, and fancy brownies, and fancy candles. And every company with a product in the swanky swag bag has to pay a fee to be included.

A snapshot of some of the products included in this year's Oscar nominee swag package.Reuters

"This is not philanthropy on my part, this is my business," Distinctive Assets founder Lash Fary told Reuters.

Advertisement

It costs anywhere from $4,000 to $50,000 to be included, Fary said. "This is what we do to put products into celebrity's hands," he told Reuters.

In the past, the total value of the swag bag has gone even higher — in 2020, for instance, it topped $200,000.

This year, the package includes approximately 50 different products. The most expensive parts of the package are experiential or service-based, like a $25,000 gift certificate to a home renovation service.

If every offer were redeemed, recipients could end up footing a hefty tax bill. But Fary told CNBC that, in the 20 years his company has been giving out the package, no one's ever done that.

"A lot of the trips have gotten redeemed," he said, "but no one has ever redeemed every single thing."

Advertisement

Got a tip? Contact Insider senior correspondent Ben Gilbert via email (bgilbert@insider.com), or Twitter DM (@realbengilbert). We can keep sources anonymous. Use a non-work device to reach out. PR pitches by email only, please.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article