Martha Stewart, Madonna and Nicole Kidman are among those named in leaked Paradise Papers documents
They are some of the biggest names in entertainment, and all of them make an appearance in the Paradise Papers. Some do so by name, such as the Ciccone, Madonna listed in tiny print among the investors of a Bermuda company, while others are there by dint of the offshore entities they have backed.
Some of the celebrities interests are historical, others contemporary. Some are similar to those of the singer Shakira, who holds a substantial portion of her showbusiness earnings offshore.
Others such as Justin Timberlake and Nicole Kidman seem more interested in acquiring property in the Bahamas, and may have real estate or privacy reasons for registering companies in those jurisdictions.
Whatever the motive, there is nothing illegal about moving money offshore and nothing to suggest that any of those named below had any unlawful purpose. But the industry has evolved and grown exponentially in recent years and political and public attitudes to offshore regimes have changed equally dramatically.
The current political climate raises legitimate questions about the actions of wealthy and well-known individuals: what benefit were they hoping for and will they continue to use such vehicles following the Paradise Papers revelations?