Top 10 Successful Celebrity Entrepreneurs
Many people think that the majority of celebrities make money just being in spotlight.In fact, they don’t just make money just being in Hollywood or Bollywood, additionally,they choose to be in the business world.Being a star doesn’t bring in continuous flow of money all the times. In fact, only a few celebrities are really managed to move beyond their original careers and develop some seriously successful business empires. The story below about 10 successful celebrities will surprise you.
Patrick Schwarzenegger, son of Arnold Schwarzenegger and Maria Shriver living in LA.
Former model and actor, Patrick has been hard at establishing his own venture Blaze Pizza, a pizza corner.The restaurant is located at The Grove outdoor shopping mall in L.A.
Schwarzenegger raised money for the project by himself.
“It’s been my responsibility to oversee everything. I’m the owner, founder, pizza maker, pizza lover and anything else you want to throw on in there.”
Mary-Kate and Ashley Olsen
Mary-Kate Olsen and Ashley Olsen are also known as the Olsen twins, who are American fashion designers and former child actresses. To promote their signature boho-chic style and make it accessible to all economic classes with the girls,in 2007 Olsen Twins opened their first fashion line with Wal-Mart. Their love of fashion has expanded to open some other lines like elite fashion label the Row in London and Olsenboye with JC Penney. According to Forbes, Mary-Kate and Ashley Olsen achieves $ 1 billion from annual sales, and their combined net worth is around $ 100 million.
Shaun White is an American professional snowboarder and skateboarder. He is a two-time Olympic gold medalist. He holds the X-Games records and the highest overall medal count, and has won 10 ESPY Awards.The professional snowboarder closely assists in developing products and contributing revolutionary strategies along with his multi-million endorsement contracts with Burton Snowboards, Oakley, Inc., Target, Red Bull and Park City Mountain resort.He has been invested in creating video games with Ubisoft such as “Shaun White Snowboarding” and“Shaun Palmer’s Pro Snowboarder”Since 2001. White is estimated to have earned $2 million per endorsement deal in 2012, according to Forbes.
The former Charlie’s angel Jaclyn Smith transformed her passion into creating her own line of cosmetics and fashion.
When describing why she teamed up with Kmart, Smith stated Success:
“I’ve always been one to take on challenges and go into unknown terrain.”
In her partnership with Kmart, Smith markets, designs and advertises and in 2008, she extended her apparel brand to the sale and production of artistic decor and furniture. The wise lady currently has a net valued at $75 million.
Eastwood is a well-known actor and director and own Academy Award. Eastwood owns Mission Ranch Hotel and Restaurant, as well as TEHAMA Golf Club. He is a worth of $375 million.
Paul Newman is a renowned actor, and collaborating with A.EHotchner, he founded a non-profit company that sells food products.Newman died in 2008, however, his legacy lives on and the company reported that it is donating a total of $400 million dollars to struggling communities worldwide.
Sandra Bullock, despite her success in the world of acting and also extending her career off and, she has own production company, Fortis Films, which is responsible for the production of popular works that earned $212,742,720 worldwide, called “Miss Congeniality”.
Bullock runs two businesses related to non-entertainment in Austin, Texas: Bess Bistro, a Southern restaurant) and Walton’s Fancy and Staple, a florist/bakery.
The former Sports Illustrated cover model Kathy Ireland has established a business of net worth of $ 350 million. Following her sock line with Kmart in 1993, Kathy started her own fashion company. As her products began to do well in the market, Kathy upgraded her business to Kathy Ireland Worldwide that sells apparel,furniture, bridal wear, and home and garden decor.
Jessica Alba is an American actress, model, and businesswoman. In 2008, after her first child birth, she was prompted to create a company that would produce toxic-free products. Alba co-founded The Honest Company, a consumer goods company that sells non-toxic household products, and she owns 15 to 20 percent share of the company.The company achieved $ 10 million in revenue within its first year of sales in 2012.
Most of Paris Hilton’s wealth is not from the Hilton legacy, instead it came from her alternative business line that sells cosmetic and fashion products. Paris was recognized as “The Billion Dollar Entrepreneur” by Variety magazine. In more than 40 countries, she has 45 stores, and her fragrance line alone almost reached $2 billion mark in 2014.
Hilton said in an interview with Forbes,
“As a little girl I really looked up to them and wanted to do something of my own. I could never have become a trust-fund kid and lived off a monthly allowance. As a teenager, I always said I wanted to make my own money so I never had to ask for anything.”
She is reportedly earning an average $10 million a year from her various lines, which includes pet products, stationer, and bedding.
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