Kylie Jenner and 20 Other Extremely Successful Celebrity Entrepreneurs
These famous entrepreneurs are shaking up the business world.
Most celebrities stick to the trade that made them a star, but a few use their fame and fortune as a business platform. If the company takes off, some trade the spotlight for a corner office, while others find a way to shine at both. Click through to see some famous entrepreneurs with bonafide mogul status.
Net Worth: $150 Million
Business: Jessica Simpson Collection
Belting out ballads like "I Wanna Love You Forever" in the late '90s and early 2000s made Jessica Simpson famous, but the Jessica Simpson Collection made her rich. Established in 2005, the brand — which includes shoes, women's and girls' clothing and home décor — was valued at $1 billion in 2015.
Net Worth: $40 Million
Business: Good American clothing
Considering she hails from a family of famous entrepreneurs, it's not surprising that Good American, a clothing line co-founded by Khloe Kardashian, is already a success. Launched in October 2016, the company did $1 million in sales on its very first day. The body positive brand sells denim in sizes 00 to 24.
Reese Witherspoon"Big Little Lies" star Reese Witherspoon is a Southern girl at heart, which is reflected in her clothing line Draper James. Launched in May 2015, the instantly popular brand sold out of several items on day one. The hands-on star is very involved in her business and even pitched venture capitalists for funding.
Net Worth: $350 Million
Business: The Honest Company
Valued at slightly less than $1 billion as of October 2017, Jessica Alba launched The Honest Company in 2012 to provide consumers with safe, nontoxic household and baby products. In 2016 the company enjoyed a reported $250 million in revenue. The "Fantastic Four" actress reportedly earns 15 percent to 20 percent of the company, according to Forbes.
But there has been some controversy surrounding the company. Previously worth an estimated $1.7 billion, The Honest Company cut its valuation after settling two lawsuits in summer 2017, reported Fortune.
Net Worth: $16 Million
Businesses: Rachel Zoe, Inc., The Zoe Report
She got her start as a celebrity stylist, but Rachel Zoe has become a fashion powerhouse. In 2009, she launched the digital media property The Zoe Report, which has amassed more than 1.3 million subscribers. Since 2011, she also designed her own line, the Rachel Zoe Collection, featuring clothing, shoes, handbags and jewelry.
Net Worth: $75 Million
Businesses: Vanderpump Pets, LVP Sangria, various restaurants
Restaurateur Lisa Vanderpump and her husband have owned nearly 30 establishments, including Pump and SUR in West Hollywood, Calif., which are regularly featured on her Bravo reality show, "Vanderpump Rules."
The empire of "The Real Housewives of Beverly Hills" star also includes Vanderpump Pets, which sells luxury pet items, and LVP Sangria, a bottled version of her signature recipe.
Net Worth: $255 Million
Businesses: Wahlburgers, Aquahydrate
Documented on A&E's "Wahlburgers," Mark Wahlberg is in the burger business with brothers Donnie and Paul. The family's burger chain has locations in 14 states and Canada. In August 2017, it struck a deal with grocer Hy-Vee to open 26 more restaurants in the Midwest.
The "Daddy's Home 2" star is also a co-owner of water company Aquahydrate.
Net Worth: $100 Million
Business: Funny or Die
Will Ferrell co-founded comedy video website Funny or Die in 2007, with around $50,000 in funding, according to Variety. The site's inaugural video "The Landlord" — starring Ferrell — has garnered 85 million views to date. Now serving double duty as a production company, Funny or Die is behind several TV shows, including "Billy on the Street" and "@midnight."
Net Worth: $135 Million
Business: Crystal Head Vodka
Fans know Dan Aykroyd as the star of classic films like "Ghostbusters," "Coneheads" and "The Blues Brothers," but he's also among the ranks of celebrity entrepreneurs — and celebrities who own vodka brands.
In 2008, he entered the spirits business with Crystal Head Vodka. One 750ml bottle of Crystal Head Vodka costs approximately $45.
Net Worth: $50 Million
Businesses: Kylie Cosmetics, Kendall + Kylie clothing line, the Kylie Shop official merchandise
At 20 years old, Kylie Jenner is already among the top celebrity entrepreneurs, thanks to Kylie Cosmetics. The star earned $41 million in 2017, largely from her eponymous makeup company, according to Forbes. Launched in 2016, the company achieved $420 million in retail sales in just 18 months, her mother Kris Jenner revealed in an Aug. 2017 interview with Women's Wear Daily.
Net Worth: $500 Million
Business: Casamigos Tequila
Along with friends Rande Gerber and Michael Meldman, George Clooney decided to start making tequila for friends and family during his many trips to Mexico. After developing the perfect recipe, they ordered so much of the spirit each year, the company making it forced them to get licensed.
In 2013, Casamigos Tequila hit liquor stores, and it was such a success that beverage company Diageo purchased it for up to $1 billion in 2017.
Net Worth: $25 Million
Businesses: LC Lauren Conrad, Paper Crown
She rose to fame on the MTV reality shows "Laguna Beach" and "The Hills," but Lauren Conrad has emerged as a lifestyle guru and entrepreneur. Since 2009, the clothing designer has partnered with Kohl's on her LC Lauren Conrad line, and she launched her own label Paper Crown in 2010 with business partner Maura McManus.
Net Worth: $150 Million
Businesses: CafeMom.com, DoSomething.org
"Melrose Place" alum Andrew Shue is now a tech mogul. In 2006, he co-founded the site CafeMom with his childhood friend Michael Sanchez. The online mom community now gets 25 million monthly visitors, and in 2015, it expanded into the multi-platform CafeMedia. The duo also founded youth volunteerism and activism organization DoSomething.org in 1993.
Net Worth: $900 Million
Businesses: ROC Nation, Tidal, Armand de Brignac Champagne
A diverse business portfolio has made Jay Z one of the most successful celebrity entrepreneurs. He founded entertainment company Roc Nation in 2008, and in 2015, he purchased streaming platform Tidal for $56 million, which was valued at $600 million in 2017. The "4:44" rapper also has an estimated $50 million stake in Armand de Brignac champagne, according to Forbes.
Net Worth: $25 million
Bethenny Frankel, star of "The Real Housewives of New York City," sits atop a $100 million Skinnygirl lifestyle empire. The brand started as Skinnygirl Cocktails — she sold it in 2011 to Beam Global for an undisclosed sum that Forbes estimates at $100 million — but now includes a range of products from shapewear to salad dressing.
Francis Ford Coppola
Net Worth: $300 Million
Business: Francis Ford Coppola Winery
Academy Award-winning director Francis Ford Coppola has been involved in the wine industry for roughly 40 years, but he's now building a new vineyard-inspired empire. Along with his wife Eleanor, the Hollywood heavyweight purchased what is now called the Francis Ford Coppola Winery in 2006. Located in Sonoma County, Calif., 10 wines fall under the brand's umbrella, and its onsite production facility can produce up to 10,000 cases per day.
Sarah Jessica Parker
Net Worth: $90 Million
Business: SJP Collection
Robert De Niro
Net Worth: $200 Million
Businesses: Nobu, Tribeca Enterprises, various other restaurants
Robert De Niro is another celebrity making serious money in the food industry. In 1994, De Niro partnered with Chef Nobu Matsuhisa to open Japanese restaurant Nobu, which now consists of 30 locations and five Nobu hotels. The "Dirty Grandpa" star has an ownership stake in several other restaurants, including New York City's Locanda Verde and the Tribeca Grill. Additionally, he co-founded media company Tribeca Enterprises in 2003.
Net Worth: $800 Million
Business: Beats by Dr. Dre
Former N.W.A. member Dr. Dre is one of the wealthiest celebrity entrepreneurs in recent history — or maybe ever — thanks to his ear for music. Along with iconic music producer Jimmy Iovine, he founded audio brand Beats by Dr. Dre in 2006. In 2014, their Beats Music and Beats Electronics was purchased by Apple for $3 billion. Now, the hip hop and business mogul is worth almost $1 billion.
Net Worth: $140 Million
In 2017, "Modern Family" star Sofia Vergara co-founded the subscription-based underwear company EBY. Three pairs of underwear cost $48, and they're delivered on a monthly, bi-monthly or quarterly basis. One of the most philanthropic famous entrepreneurs, 10 percent of net sales goes to the Seven Bar Foundation, which helps women in poverty to start small businesses.
By Laura Woods
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