11 Celebrities Who Created Multi-Million Dollar Brands

Billionaires also bear.Many celebrities use their Create the influence of a brand that increases wealth. It is not uncommon for public figures from different entertainment circles to use their influence to enter the business world.

From fashion to music to sports, celebrities know what it takes to start a business Create a more lasting legacy over time And not just filling their pockets with money.

The adventures they embark on don’t always end well, but in some cases they end up creating Brands that have achieved success.These are some of the celebrities who dared to enter the business world Create billion-dollar brands. Among them are actors, singers, athletes and more.

Casamigos Tequila: George Clooney and Rand Gerber

everybody knows George Clooney, one of the most famous actors todaybut did you know he has a beverage brand with businessman Rande Gerber? Casamigo Tequila This is a very popular brand in the spirits world.

Initially, it was born as a private collection of the founder’s friends, but its success led them to launch the brand to the public, where it was acquired in 2017 Diageo, world leader in alcoholic beverages.

Magic Johnson Enterprises: Magic Johnson

legend Basketball player, “Magic” Earvin Johnson, investing in multiple industries: entertainment, real estate and food services.The company he owns is going a long way Go beyond typical sponsorship deals Elite athletes participate.

Currently, it is estimated Johnson’s wealth reaches $620 milliondepending on the site celebrity net worth, certainly a sign of his business prowess. Johnson continued to expand his influence through other investments to grow his wealth.

Multi-brand: Olsen Twins

Over time, the famous actress twins also entered the business world. Their successful careers also make them respected fashion figures. They have created an entire empire with multiple brands: The Row, Elizabeth, James and Olson Boy.

Its clothing brands include Total value approximately US$1 billion This has contributed significantly to their combined net worth of approximately $500 million, which has made them millionaires. And, despite all the legal bumps its brand has gone through, there’s no doubt that it’s still very profitable.

30 companies valued at over $1 billion that didn’t exist 10 years ago

Tide and Ivy Park: Beyoncé and Jay Z

This powerful couple makes up Singer Beyoncé and rapper Jay Z He will not be left behind in this industry.They currently have Tidal, a music service stream mediaand ivy parka famous sports fashion brand.

Tidal is valued at $377.5 millionwhose goal is to provide a fairer model for artists while also Ivy Park promotes empowerment and is valued at $450 million. The two companies contribute more than $1 billion to the couple’s combined net worth.

Jessica Simpson Series: Jessica Simpson

American singer, actor and fashion designer Jessica Simpson owns eponymous women’s fashion brand. In addition to more basic items like clothing, it also offers bags, sunglasses, accessories, cologne, shoes and more.

The brand was born in 2015 in partnership with Nine West co-founder Vince Camuto and has been a huge success, with sales reaching Reaching one billion US dollars.

Fenty Beauty: Rihanna

One of the most popular singers of this era also knew how to succeed outside of her field.along with Cosmetics brands Fenty Beauty, Rihanna Not only did he make a lot of money, but he also fought against racial exclusion.

Offering 40 shades of foundation, the singer’s brand has broken down the limitations of those with darker skin tones when it comes to finding makeup that suits them, and has found one of the keys to its success. most of his property, Approximately US$1.4 billionfrom this brand.

Honest Company: Jessica Alba

Actress Jessica Alba co-founded The Honest Company in 2011A company that provides ecological products for babies, it has done nothing but grow since then. Their commitment to creating safe products has successfully attracted a large number of customers.

A series of changes in the company, as well as improvements to most of its products, have made it The Honest Company is currently valued at approximately $1.5 billion.

Kylie Cosmetics: Kylie Jenner

this kardashian family Everything they do makes money.it won’t make any difference kylie jennerWho is One of the first companies to launch a makeup seriesHer success placed her among the youngest millionaires according to Forbes rankings.

Although the youngest of the Kardashian family earns a large part of her income from ads she shares through social networks, She made millions with her cosmetics brandKylie Cosmetics and Kylie Skin.

Elevation Partners: Bonus

leader of the organization Rock band U2The company known as Bono has also found success in other businesses outside of its core business. In 2004 he founded Elevation Partners, a venture capital firm that invests in technologysuch as Facebook.

Smart investments not only allow companies to continue to grow; Over $2 billion in assets. According to statistics, this increased the artist’s net worth to approximately $700 million. celebrity net worth.

MySpace: Justin Timberlake

Singer Justin Timberlake also sees opportunities in new technology. He had successes and failures, but it can be said that he never gave up in his career.Today is Co-owner of the MySpace music social network Where users can share everything related to music.

The last public revenue collection dates back to 2011 Company profit $109 million. The company changed hands several times after that year, but Timberlake didn’t stop, starting other companies in various fields.

Air Jordan: Michael Jordan

too basketball legend michael jordan and achieved great success in the industry The Sneaker Industry and Its Fabulous Air Jordans.This is a basketball shoe brand made by Nike.

There is no doubt that it has become the best-selling brand of multinational companies, Annual revenue exceeds $5.2 billion and a massive valuation of up to $10 billion. Jordan’s influence has never been greater through what has become a million-dollar business empire.