Once an individual reaches celebrity status, be it an actor, musician, or athlete, it's much easier to get paid loads of money for just being who they are. Various product companies come knocking on the doors of famous faces to assist in pushing products to the masses, including the cosmetic, equipment, clothing, food industries and more. You start to become so familiar with the celebrities association with the products, that it almost feels like they invented the item themselves. When a celebrity has racked up enough of a following, and built themselves into a brand, they become somewhat of a walking corporation and they expect to be paid accordingly for affiliation work. All sorts of companies are happy to invest in a famous face because it guarantees an exponential jump in sales almost immediately, and in the long run. Below are 10 celebrities who've landed the most lucrative endorsement deals in the business.
10 Justin Timberlake - McDonald's $6 Million
9 Justin Bieber - OPI Nail Polish $12 Million
8 Kim Kardashian: Kim Kardashian: Hollywood App 45% Of Profits
7 George Clooney - $40 Million Nespresso
6 Nicole Kidman - Chanel No. 5 $4 Million Per Year
5 Beyonce - Pepsi $50 Million
4 Charlize Theron - Dior $55 Million
3 Michael Jordan - Nike Air Jordan $60 Million/Per Year
2 50 Cent - Vitamin Water $100 Million
1 George Foreman - Grill $150 Million
When former boxing champ George Foreman was presented with the opportunity to front a cooking appliance, the retired athlete simply wasn't interested. His exact words, "I'm not interested in toys." Half a year later, his wife who had tried the grill, convinced him that it would be a good idea due to its convenience and simplicity. But it wasn't until she'd made him a burger with the Lean Mean Fat-Reducing Grilling Machine that George was finally sold. George's contract guaranteed 45% of profits. Before George, the grill was initially presented to wrestling champ Hulk Hogan, who instead decided to endorse a blender that no one remembers today. George Foreman's world famous grill however, sold so well after just a few years, that the founders decided to buy out the former boxer, for $150 million, plus stock for use of his name in perpetuity. Today the former athlete is worth $250 million, 90% of which derives from the Lean Mean Fat-Reducing Grilling Machine endorsement.
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