Being selected to have your own star on the Hollywood Walk of Fame is a big deal. It’s the ultimate sign of respect from the Academy and proof that you have truly made it. It’s also an expensive process. One of the many interesting facts about the Walk of Fame is that it costs money to have a star on the Walk of Fame. When a person is nominated, a benefactor must also pay for the star. How much does it cost you ask? Just a cool $40,000.