Celebrities are those people that appear on the big or small screen, or you can find them singing to the audience on a huge stage. But sadly, that won’t last forever, and if they are not smart, they can be in front of bankruptcy and forgotten by the media. So how to preserve their fortunes and even double it, easily getting in touch with the business world. Today we present an interesting list of celebrities worldwide that have a talent for acting, modeling, or singing, have their own empire, and keep reading.
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These celebrities have successful businesses.
The following list will present celebrities worldwide with businesses that practically have become an empire in different areas. Some are widely known thanks to their works on screens or stages, but some can be a surprise, plus several that maybe aren’t that known but have left their names in the history books. Check them out!
Meet the Businesswomen!
Jessica Alba
The actress is widely known for her works in Honey, The Fantastic Four, and more. But this woman is the C.E.O. of one of the most profitable companies: The Honest Company. According to Forbes, she owns 15% to 20% of the company, which allows her to have a net worth of $200 million. Actually, The Honest Company started as a small company that offered baby products free of toxic chemicals. She started it during her first pregnancy. After having her first daughter, she continued with products that now go from baby products to a beauty line. Of course, it had several demands and controversies, which had led to a drop in its value. But overall, the company is stronger than ever.
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Drew Barrymore
Drew is another big name in Hollywood with a career full of hits from E.T. to Santa Clarita Diet. She pretty much has made history in Hollywood. Thanks to this long career in front of the camera, she started her own production company in 1995: Flower Films. This is the one behind her successful productions. But she decided to take the Flower company to the next level and expanded it to beauty, fashion, and even home appliances lines found in Walmart and Ulta. Barrymore also has Flower Eyewear which sells sunglasses, reading glasses, and prescription lenses, all for under $100. A smart girl is one of the beloved actresses in the media and has an estimated net worth of $125 million.
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Kate Hudson
Kate is another big name in Hollywood. Like Drew, she has been in the industry since her childhood years. Thanks to her family, she is highly known. After all, her mother is Goldie Hawn, and her stepfather is Kurt Russel. But Hudson has made her own name not only with hits like How To Lose a Guy in 10 Days and Almost Famous, but she co-founded an activewear clothing line called Fabletics in 2013. In the beginning, it was selling on digital stores, but it has several retail stores around the U.S. According to Forbes, Fabletics brings an annual revenue of $300 million. In 2019 she launched another clothing line following her boho style, Happyxnature, that focuses on sustainability with pieces ranging from $48 to $148.
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Rihanna
One of the most successful singers ever, Rihanna, knows how to invest her money. She started her own beauty line called Fenty Beauty, which now has ventured into a high-fashion clothing line and lingerie line called Savage x Fenty. She co-owns Fenty with the fashion group LVMH, and it has brought an annual revenue of $570 million, according to Forbes, for that reason, the net worth of Rihanna is estimated at $600 million. She is the perfect example of what smart investments can do for you. She has been on a hiatus from the music industry for several years. It doesn’t look like she is willing to return soon.
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Reese Witherspoon
Reese is the perfect example of being more than just a pretty face and a southern beauty. She was tired of the roles offered to her, so she started her company production back in 2012 called Pacific Standard. Gone Girl and Wild are hits under this company. In 2016 she made a deal to create a partnership with Otter Media, a division of AT&T’s WarnerMedia. She launched Hello Sunshine that will focus on women empowerment. This now has several projects: a book club, audio programming with Audible, two podcasts, a video-on-demand channel with DirecTV, and collaborating with Apple. Pacific Standard is now under Hello Sunshine.
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These Celebrities Are More Than Talent and a Hot Body!
Shah Rukh Khan
This actor is also known as the King of Bollywood. For those that don’t know, this is the Indian movie industry. Shah is a very versatile actor, who can speak several languages, has the looks to appear on the big screen, and a long career. But he is also a businessman, owning since 2002 his own production company with his wife Red Chillies, which is in charge of most of his movies and several others in the Bollywood film industry. Also, it’s highly known for its VFX production team. However, he decided to venture into another business: sports, specifically cricket. He is the co-owner of the I.P.L. team, Kolkata Knight Riders, and actress Juhi Chawla.
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Sam Heughan
This Scottish is highly known thanks to his role of Jamie Fraser in the Outlander TV Show, where he portrays a true Highlander. One of the most iconic lines from his character paired with his heritage has inspired him to venture into the business world. Last year he launched his own whiskey brand named “The Sassenach.” which is how Jamie called the lead lady of the show Claire. But that’s not all. This whiskey is just a small part of his major business called Great Glen Company, where he sells products from the Highlands loyal to his Scottish heritage. Plus that he has his own Podcast, which now has turned into a T.V. show, with his fellow Scottish actor Graham McTavish called Clan Lands, which focuses on everything about Scotland.
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Mark Wahlberg
Mark has several investments in the film industry and the food industry, especially with burgers. Together with his brothers Donnie and Paul, founded “Wahlburgers,” a burger chain that has establishments in the US, Canada, and the U.K. Also, this business has its own documentary show with HBO, where it stated the company and its relationship among the brothers. Also, Mark has invested in AQUAhydrate, he is the co-owner with Sean “Diddy” Combs.
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Robert De Niro
De Niro is one the most famous actors in Hollywood, his long career full of success has made him into the history books of Hollywood. But what many people don’t know is that he is a smart businessman. In 1994, Robert made a partnership with Chef Nobu Matsuhisa to open a Japanese Restaurant named after the chef, which was the birth of Nobu that now possesses 40 locations and has branched into hotels counting 12 under the company, with more restaurants and hotels to come. Nobu is not the only restaurant under De Niro businesses. Locanda Verde and Tribeca Grill, located in New York, are a few of them. Talking about Tribeca, he co-founded Tribeca Enterprises, a media company in 2003 that has an estimated annual revenue of $17.5 billion.
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Will Smith
The famous actor has a long career full of hits from The Prince of Bel-Air to Man in Black Will has made pretty much every genre in the film industry. Still, with his entire family, he has several businesses, from his production company Overbrook Entertainment with his wife, Jada Pinkett-Smith and the producer James Lassiter, which has made several major hits with Will in the cast and movies like To All the Boys I’ve Loved Before. But that is not all, with his son Jaden he founded in 2015 JUST Water in New York. The interesting part is that this was a secret until 2018. Both father and son decided to keep their participation under wraps to give the company a chance to make it alone. Now is one of the most sustainable companies with major annual revenues.
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The Celebrities that Own Business Empires
Sean “Diddy” Combs
Diddy is widely known as one of the most famous rappers in the music industry. Still, this man definitely knows how to play in the business world. Combs is the chairman and C.E.O. of Combs Enterprises. This business portfolio brings together different subsidiaries and areas into one company. This empire goes from the music industry with Bad Boy Worldwide Entertainment Group to beverages with Combs Wine & Spirits. This one is the most profitable thanks to the Ciroc Vodka, one of the most famous alcoholic beverages and the main source for Diddy’s $885 million net worth.
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Oprah Winfrey
She is known as a T.V. Queen. After 25 years in front of the cameras, she decided to launch her own T.V. Channel, which ironically is called OWN, back in 2011. Of course, the network is an association, but she owns 25% of the stake with a worth of $75 million. But that is not all that Oprah also has several ownerships over other companies like Weight Watchers, where she owns 8%. Plus this she also has her own magazine: O, The Oprah Magazine. All this makes her net worth $2.7 billion.
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Jay-Z
The rapper is the owner of a full business portfolio that has several ventures in different areas. This makes Jay-Z one of the richest celebrities. He has had his own entertainment company Roc Nation since 2008. In 2015 he purchased the streaming company Tidal for $56 million, now it has amazing revenues. Also, he has ventured into the beverage industry with Armand de Brignac Champagne with a stake value of $50 million. In 2019 he became the first hip-hop celebrity to become a billionaire for those investments and much more.
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Kylie Jenner
This girl has proved to all her haters that she is a complete businesswoman, founded her own makeup line, KYLIE Cosmetics which makes her the youngest person to become a billionaire at 21 years old. This company was launched in 2016 and in only 18 months gained $420 million in retail sales, proving how powerful the Kardashian-Jenner clan is. The company has ventured into other branches like skincare products. In 2019, Kylie made a smart move at selling a part of the stakes to Coty, which put the brand to value $1.2 billion. Kylie is still the creative director, but the partnership has helped the brand to reach more markets. It’s expected that soon the brand will be diversified into several branches. But that it’s not the only business that Kylie has. She also has a clothing line with her sister Kendall and her own merchandise store about herself. She has become her own brand.
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Lee Soo-man
This one maybe is not that known worldwide as a celebrity, but back in his country, South-Korea his known for hits like “행복 (Happiness)” and “한송이 꿈 (A Piece of Dream)” during the 70s plus he was a radio D.J. and a TV Host. However, he quit his music career due to political problems in Korea that took him to the U.S. to continue studies in Computer Engineering. There he experienced the birth of MTV and the rise in popularity of stars like Michael Jackson. He decided to transform the Korean music industry into something similar. Still, he went beyond, and that was how S.M. Entertainment was born.
Maybe you don’t know him, but he is the father and the mastermind behind Korean pop music or how this genre is now known as K-pop. Nowadays, he is no longer the chairman and C.E.O. of the company that produced the first K-pop groups like H.O.T. Still, it was artists like BoA, TVXQ, and Super Junior that made S.M. the company is today. But Soo-man is still the producer of the active groups like EXO, NCT, and Red Velvet. His ideas are still present in every concept and story behind each group.
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And S.M. Entertainment has also ventured into more branches with several subsidiaries like small entertainment companies and production studios, making each artist and group a brand with merchandise and products besides music albums. Still, it’s more than that, the technology behind the growth of K-pop is under the company, as the Bluetooth connectivity for the lightsticks a type of flashlight created for concerts and events. And its latest tech creation is called Beyond Live, a production studio to make virtual and digital concerts in the middle of the pandemic. International fans expected this to continue after COVID-19. All this has made Lee Soo-man the richest man in Korea, with a net worth estimated at almost $200 million.
These celebrities in different areas have proved that smart investments can take you to the level of a millionaire and leave your name in the history books if you have the money. Having your own business can be a success but remember, hard work is what takes you there. Keep in touch with the magazine to read more articles about the business world.
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