Celebrities Earn Majority of Income from Owned Businesses
Iconic actress Elizabeth Taylor made more money running her perfume business in a year than in her whole film career. This highlights how many celebrities earn the bulk of their income from businesses they own, rather than from their entertainment careers. Today, celebrities are actively involved in the development and management of their brands, serving as CEOs, creative directors, and innovators.
While many famous individuals have tried launching clothing or makeup brands, success often depends on understanding one’s brand and audience, as well as marketing tactics. Rihanna’s Fenty Beauty and Kim Kardashian’s SKIMS are examples of successful ventures that have disrupted their industries through inclusivity and body positivity. Ryan Reynolds is also a notable celebrity entrepreneur, using his humor and marketing prowess to turn Aviation American Gin into a fast-growing brand.
Ashton Kutcher has ventured into the tech world with A-Grade Investments, earning millions through early investments in companies like Uber and Airbnb. These celebrity entrepreneurs have proven that success in entertainment can translate to success in business, with their ventures making significant impacts and changing the game in various industries. Their stories serve as inspiration for those looking to pursue a side hustle alongside their pursuit of fame.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
