30 celebrities who have built massive businesses

Written by:
October 10, 2018
Matt Winkelmeyer // Getty

30 celebrities who have built massive businesses

Paul Newman is famously one of the first actors-turned-businessmen. In his prime, the movie star won numerous Oscars, Golden Globes, and an Emmy.

But from the 1980s until his , the celebrity focused on Newman's Own, a food products venture that became one of the nation's largest charitable organizations. The company is known for its all-natural salad dressings, and also makes popcorn, sauces, and lemonade. It has given away more than $250 million in after-tax profits to hundreds of groups.

In recent years, many famous individuals have followed Newman's footsteps and turned their profits into businesses. But not all these business ventures have been successful. For example, Natalie Portman created a vegan-friendly footwear company in 2008, which closed down later that year .

So which celebrities succeeded in their companies? 麻豆原创 combed through news articles and other websites to find out. From a burger chain to an interior design company, read on to find out which icons are actually business savvy鈥攊t might not be who you'd expect.

Dr. Dre

Business: Beats by Dr. Dre

Rapper Dr. Dre  along with music producer Jimmy Iovine in 2006. After rapidly gaining popularity, Beats Music and Beats Electronics were purchased by Apple in 2014 for $3 billion.

George Clooney

Business: Casamigos Tequila

George Clooney used to make tequila for friends and family during his many trips to Mexico. He and two friends  after creating the perfect recipe. In 2013, Casamigos tequila hit liquor stores, and in 2017, beverage company Diageo purchased it for about $1 billion.

Jessica Alba

Business: The Honest Company

After having an allergic reaction to laundry detergent in 2012, Jessica Alba started The Honest Company . In 2016, the company reported $250 million in revenue and is valued at slightly less than $1 billion as of October 2017.

Jessica Simpson

Business: Jessica Simpson Collection

The singer established her brand in 2005, designing and selling shoes, women鈥檚 and girls鈥 clothing, and home d茅cor. .

Magic Johnson

Business: Magic Johnson Enterprises

The basketball star created his investment company in 1987 with a mission to strengthen urban and underserved communities. He's struck deals with companies like Pepsi-Cola, T.G.I. Friday's, and Best Buy, among others. Between his sports career and business ventures, Johnson is reportedly worth $1 billion.

Bono

Business: Elevation Partners

Elevation Partners, named after the U2 song "Elevation,鈥 is a private equity firm that invests in new media and technology. According to Bloomberg, Elevation Partners has invested $1.76 billion in companies like Facebook, Forbes, and Yelp, with a 12% net rate of return. The firm received $1.4 billion from its investment in Facebook alone.

Kate Hudson

Business: Fabletics

The actress co-founded Fabletics athletic wear line from JustFab in 2013. A company spokeswoman told CNBC it had "." Hudson wants to spread the company鈥檚 body-positive message to women around the world. Fabletics is planning to open 75 new stores across the country as well as overseas, bringing its total locations to 100.

Kevin Costner

Business: Ocean Therapy Solutions

After learning about the Exxon Valdez oil spill in 1989 and filming "Waterworld" in 1995, actor Kevin Costner set out to create a device that would separate water from oil. The devices can separate 200 gallons of oil from water per minute. In 2010,  to help clean the oil spill in the Gulf of Mexico.

Ashton Kutcher

Business: A-Grade Investments

Ashton Kutcher co-founded the venture capital fund A-Grade Investments in 2010, and has used it to invest in Uber, Airbnb, and Spotify. By 2013, .

叠别测辞苍肠茅

Business: Parkwood Entertainment

叠别测辞苍肠茅's management company has , an app that offers access to concerts and merchandise. In 2016, The app made more than $2 million in sales: ten times more than the previous year. 叠别测辞苍肠茅 also owns activewear fashion brand Ivy Park.

Robert DeNiro

Business: Nobu

Robert DeNiro and Japanese chef Nobu Matsuhisa created Nobu, a Japanese restaurant brand with outlets in a number of international cities. Matsuhisa restaurants were recently added to a cruise and Las Vegas hotel. In 2015, the company was valued at .

Sammy Hagar

Business: Cabo Wabo tequila

Sammy Hagar isn鈥檛 just a musician, he's also a businessman. While Hagar owns several restaurants, his biggest success has been Cabo Wabo tequila.  over a period of three years.

Will Ferrell

Business: Funny Or Die

Will Ferrell created the website Funny Or Die in 2007, which has been producing comedy videos and featuring actors like Judd Apatow and James Franco ever since. Some of its shows, like as "Drunk History" and "@midnight," have become full TV series. , but recently went through a round of layoffs.

Rihanna

Business: Fenty Beauty

Rihanna launched a line of beauty products in 2017, which received praise for its inclusive range of colors that Rihanna had spent  developing. The company made $72 million , mirroring the success the singer saw when she first entered the fashion industry in 2016 as a designer alongside streetwear company Puma. Fenty Beauty is currently poised to outsell other celebrity makeup brands, including Kylie Jenner's and Kim Kardashian West's.

Reese Witherspoon

Business: Draper James and Pacific Standard

Draper James is a clothing line created by Reese Witherspoon to honor her Southern roots. She also owns the production company Pacific Standard, responsible for "Gone Girl," "Wild," and "Big Little Lies." As of 2017, Witherspoon is reported to be worth $80 million.

Drew Barrymore

Business: Barrymore Wines and Flower Beauty

During its first year, Barrymore Wines and the actress' cosmetic line, Flower Beauty, made approximately $50 million in sales. "I know when people hear my Valley Girl accent, they probably cringe. But when they speak to me at length, they find I鈥檓 someone who is really passionate. There is a lot of joy in [wine] for me,鈥 Barrymore told .

Venus Williams

Business: V Starr Interiors

Venus Williams is known for her championship-level tennis skills, but few people know about her passion for interior design. That's the reason she created V Starr Interiors: a residential and commercial interior design company presumed to be . 

Gywneth Paltrow

Business: Goop

Goop is a health, wellness and lifestyle website with a thriving e-commerce section. "It's a blessing to be liberated from the chains of other people's perceptions of you," Paltrow told . 

Gwen Stefani

Business: L. A. M. B.

In 2003, Singer Gwen Stefani created her fashion line L.A.M.B, which sells accessories from shoes to handbags. The company .

Jay-Z

Business: Rocawear

Jay-Z is worth a grand total of $460 million. He earned some of this fortune by selling 50 million albums throughout his career. He also started his own record label, Roc-A-Fella Records. Jay also launched his own clothing line, Rocawear, .

Victoria Beckham

Business: Beckham Brand Holdings

Victoria Beckham started her career as an entrepreneur when she opened her London fashion boutique in 2009. In its first five years, the small business earned $30 million. Her fashion line has grown exponentially鈥攁s of September 2018, her brand is stocked in  and shipped to more than 100 countries. All of her fashion endeavors are part of Beckham Brand Holdings, which also includes husband David Beckham鈥檚 entrepreneurial undertakings.

Jennifer Aniston

Business: Living Proof

In 2012, Jennifer Aniston became the co-owner of Living Proof: a hair care company that fights frizz with science. The actress brought new marketing and design strategies to the company, which helped it gross  in 2013.

Kathy Ireland

Business: Kathy Ireland Worldwide

The former Sports Illustrated swimsuit model invested $50,000 in stocks in 1993, which helped launch her business. Now her design and marketing company, Kathy Ireland Worldwide, .

Tony Hawk

Business: 鈥淭ony Hawk鈥檚 Pro Skater鈥 video game franchise

Skateboarding legend Tony Hawk owns various business ventures, one being the "Tony Hawk's Pro Skater" video game franchise. The games have generated an  since Activision launched the first one in 1999. He also owns Birdhouse Skateboards, which sells boards and other equipment.

Alyssa Milano

Business: Touch by Alyssa Milano

Alyssa Milano wanted to wear fan gear to support her sports teams, but found a lack of stylish options for women. She  in 2007, including t-shirts and denim that isn't all pink. In 2011, sports gear giant Fanatics sold approximately 50,000 units of Touch by Alyssa Milano鈥攁n estimated $1.5 to $2 million in sales.

Dwayne "The Rock" Johnson

Business: Seven Bucks Productions

Dwayne Johnson was on a path to the NFL until a back injury halted his football career. Johnson, flat-broke, took a plane from Canada to Miami. On the ride home, he emptied his pockets and found seven dollars, which is  for his production company, created in 2012. The company produced 鈥淏allers鈥 and 鈥淛umanji: Welcome to the Jungle,鈥 which have grossed .  

Kylie Jenner

Business: Kylie Cosmetics

Believe it or not, Kylie Jenner鈥檚 business idea came from a lack of confidence. Two years ago, as half-sisters Kim and Khlo茅 started their own ventures, Jenner was at a loss for what to do. In the summer of 2014, she patented and trademarked the phrase "Kylie Lip Kits." Jenner put $250,000 of her modeling earnings toward producing a limited-edition line, which sold out immediately. By the end of 2016鈥攈er first year in business鈥攖he company had reportedly .

Kim Kardashian

Business: KKW Fragrance

Kim Kardashian West has stakes in several businesses, including a mobile game featuring herself. 鈥攈er Crystal Gardenia, Crystal Gardenia Citrus, and Crystal Gardenia Oud perfumes sold out online within a week of the company鈥檚 launch in November of 2017. 300,000 units were produced for the initial launch, and at $35 per 30-ml bottle and $60 per 75-ml bottle, Kardashian West saw $14 million in sales in under a week.

Mark Wahlberg

Business: Wahlburgers

The burger chain was founded by the three Wahlberg brothers, and as of 2017, has 14 locations with plans to expand to 118. Paul Wahlberg is a professionally trained chef, one reason the trio decided to go into the food business together. The original location in Hingham, Massachusetts, .

Justin Timberlake

Business: William Rast

Former singer Justin Timberlake co-founded clothing line William Rast with friend Trace Ayala in 2006. The company is known for its "All American" jeans鈥攁 throwback to Timberlake and Ayala growing up in Memphis鈥攁nd generates about $50 million per year in sales.

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