Celebrities generally have some special talent that us average Joes do not have. That is why they make millions and we sadly do not. They can be amazing singers, actors, dancers or musicians. And sometimes, they are lucky enough to be talented in more than one area.
However, even the most talented stars sense that the clock is constantly ticking on their 15 minutes of fame. Furthermore, they are aware of the expectation that it is no longer enough to just perform and call it a day, stars have to be a proper brand. That is why many of them launch side ventures. It is pretty much an expectation that if you are reasonably famous, you should have at least one fragrance and a clothing line in the works.
Some people are skeptical of a lot of celebrity business ventures because they see them as mere vanity projects that stars simply lend their names to in order to make even more money, even if they claim that they are “100% involved in the design process.” However, some celebrity businesses are the real deal. Some stars have proven that their business skills are as strong as their performance skills, and some are actually even better at business than the showbiz careers they first became known for. They have gone on to build hugely successful empires that have silenced any critics who said they did not know what they were doing. These 10 celebrities were alright performers, but they proved to be excellent business people.
10 Jessica Simpson
9 Mary-Kate and Ashley Olsen
Children of the 1990s loved Mary-Kate and Ashley Olsen as Michelle Tanner on Full House. It didn’t matter which twin was actually playing Michelle in a scene, you knew that she was great. After the show, Mary-Kate and Ashley had some great film roles in movies such as It Takes Two and How The West Was Fun, but it was their brand that really made them rich. There was Mary-Kate and Ashley clothing, makeup, books and more. They could have continued that brand well into adulthood, but Mary-Kate and Ashley proved that they weren’t one-trick ponies. They launched their high-end clothing line The Row in 2006 to critical acclaim. The brand regularly shows a presentation at New York Fashion Week. Plus, the twins expanded their fashion empire further with a sister brand, Elizabeth and James, as well as a perfume range.
8 Gwyneth Paltrow
7 Jennifer Aniston
6 Victoria Beckham
5 Jessica Alba
4 50 Cent
Forget that whole thing about 50 Cent, aka Curtis Jackson, being bankrupt. 50 Cent has followed in the heels of many rappers-turned-moguls like Jay Z and Sean “Diddy” Combs. 50 Cent’s music may not be constantly playing on the radio like it once was, but he has many successful business ventures. He invested in Glaceau, the makers of Vitamin Water, before they were bought by Coco-Cola, and he reportedly earned $100 million from it. 50 Cent also has a headphones company, SMS Audio (Studio Mastered Sound), like Dr. Dre. Furthermore, he has his record label G-Unit, and he signed a deal worth $78 million for men’s underwear line, Frigo, which sell for $100 per pair. 50 Cent may not have had a big hit like “In Da Club” in awhile, but he probably is too busy working on his next big business deal to be too concerned about it.
3 Jennifer Lopez
2 Antonio Banderas
No one will ever be able to forget Antonio Banderas as the voice of the beloved Puss in Boots in the Shrek franchise, but he has a lot happening besides acting and bringing feisty animated cats to life. Antonio has a collection of successful fragrances under his belt. They may not be as known here as they are in other parts of the world, but Antonio has a perfume empire to rival Jennifer Lopez’s. He has been working with Puig for over 15 years. He launched his first fragrance DIAVOLO for Men in 1998, and he now has 12 fragrances available for men and women. Furthermore, Antonio owns part of a winery, and he has his Anta Banderas collection.
1 Jaclyn Smith
Jaclyn Smith is most famous for her role as Kelly Garrett in the Charlie’s Angels television show. She was also nominated for a Golden Globe for her role as Jackie Kennedy in the television movie Jacqueline Bouvier Kennedy in 1981. Plus, she has acted in a few other parts. However, do not think that Jaclyn’s career fizzled out. She has enjoyed a lot of success in the fashion industry. She recently celebrated 30 years of her namesake collection at Kmart. The collection includes clothing, shoes, accessories, jewelry and footwear. She also has a home line. Since her collection’s launch, over 100 million women have purchased her range.