Leveraging the Stars: Doubts About a Hollywood Money Manager

For wealthy young Hollywood—Leonardo DiCaprio, Matt Damon, and Cameron Diaz, among others—the cool money manager was Dana Giacchetto. But with his breezy accounting, media hotdogging, and risky ventures, such as the multifaceted Paradise Music & Entertainment, the high-flying, Prada-suited 37-year-old appears to have invested way too heavily in glamour.

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