Biden Recession Watch: Oscars Swag Bags Down Nearly 0,000 in Value from 2020

Biden Recession Watch: Oscars Swag Bags Down Nearly $100,000 in Value from 2020


The Oscars are once again nigh, and this year’s awards attendees are getting a swag bag worth $126,000, nearly two times the yearly income of the average American — but drastically reduced in value compared to just a few years ago.

The goodies in the 2023 Oscars swag bag range from “$5 for coconut water, all the way to $40,000 Canadian getaway,” according to Fortune magazine.

The gift bags are being created by Distinctive Assets, the L.A.-based marketing company that has been arranging the packages since 2002. The bags are worth a bit less this year compared to last year’s $137,000 total, the magazine added. And last year’s was also a step down from the whopping $205,000 gift bag from 2021 and the incredible $225,000 haul from 2020.

But this year’s gifts still include some high-dollar offers.

The most expensive part of the bag is the $40,000 price tag on a three-night stay at an “ultra-modern” private estate in Ottawa. The estate has access to lakes and…

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