Stars Who Run Their Own Business Empires
Who’s the boss? These stars are! From Mary-Kate and Ashley Olsen, who run numerous fashion labels, to the world’s richest supermodel, Gisele Bundchen, see which celebs conduct business, as usual.
The media mogul founded Harpo Productions, Inc. in 1986, and went on to create her own television network, OWN. According to Forbes, Winfrey’s net worth is $3 billion, making her the first African-American woman billionaire. “On my own I will just create, and if it works, it works, and if it doesn’t, I’ll create something else,” Winfrey told Forbes in October 1995. “I don’t have any limitations on what I think I could do or be.”
Geez, Gisele! The Brazilian supermodel has pocketed more than $386 million throughout her career, raking in $47 million alone in 2014, according to Forbes. Tom Brady’s wife has not only acquired her fortune from endorsement deals, but she’s also used her business acumen and star power to generate more income. Bundchen has her own namesake lines under brands like Grendene and Hope, along with her very own skincare company, Sejaa Pure Skincare.
Sounds like success! The rapper hit it big when he co-founded his audio product line, Beats Electronics, known to most as Beats by Dr. Dre. “The good keeps you going,” the successful star told Esquire in December 2013. “The bad motivates you, too.” He added of his talent — in music and business: “You can learn it. But in order to be good at it, to be really great at it, it has to be in you.”
Bringing laughs to the web! The comedian founded a web show called Comedians in Cars Getting Coffee in 2012. Since then, the show has grown into a beloved Internet series, running for more than 3 seasons. “[The web] seemed like a fun place to play,” Seinfeld told Fast Company in an interview. “I like taking videos of coffee and cars and comedians. Maybe I could weave them into something. It’s not really a show. I used to say it’s an anti-show about a nonevent.”
His kingdom waits, indeed! The music mogul, who first built his wealth off production company Bad Boy Worldwide Entertainment Group, reached an estimated $700 million net worth in 2014. According to Forbes, Combs could become hip-hop’s first billionaire after recently launching his endeavor, Revolt TV. “My number one personal quality I admire [in business] is following through,” Combs told CNBC. “I’m living my dream, you know? I think we’re watching my dream happen.”
From rags to (extreme) riches! Beyonce’s husband has an estimated $520 million in net worth according to Forbes, thanks to Jay’s numerous business ventures. Most profitable of all recently has been his label, Roc Nation, and its newest component Roc Nation Sports.
The X Factor creator used his production company, Syco Entertainment, to produce the smash competition series. Both Cowell and Sony Music Entertainment own 50 percent of the company, which later produced another successful franchise: America’s Got Talent.
Honesty rules! The Sin City star co-founded The Honest Company, her eco-friendly baby product brand, to counter the use of harsh chemicals and toxic cleaning supplies offered by other makers. The mother of two told Us in the 2014 Hot Bodies issue that her inspiration came with years of experience. “After I turned 30, I felt like I had turned a corner,” Alba said of herself. “I definitely started to feel more connected to myself.”
Mary-Kate & Ashley Olsen
From Full House to full bank account! The former child stars own three successful clothing lines: The Row, Elizabeth and James, Olsenboye, and a Stylemint venture. “There’s a lot of compromise in the entertainment industry,” Ashley told Allure of her career change from acting to business. She added of their work ethic: “It’s not like you wake up one day and have a huge company with four or five different companies within the companies.”
Source: US Magazine