Find Out How These Celebrities Invest Their Hard-earned Money Wisely!
When we think about how to get rich, the first thing that comes to our mind is to become a celebrity. Most celebrities gain massive wealth from their back-to-back tv shows, movies, albums, projects, and endorsements. It’s as if their lives become easier and money is not a big deal when they have endless projects to work on once they became famous. But contrary to popular belief, not all celebrities who get rich ended up staying rich.
According to some reliable sources, some celebrities often get blinded by their massive wealth and spend their money buying unnecessary things like expensive homes and sports cars that don’t always have significant returns or their value declines over the years.
Fortunately, we have a lost of celebrities who value the importance of their hard-earned money and wealth, so they make sure to invest it in the right platform. Let’s find out how these celebrities let their money grow further while working!
The renowned musician Sean “Diddy” Combs currently has an astounding $1 billion net worth not just from his music but also in entrepreneurship. Diddy recently inked a partnership with a giant liquor company Diageo where Diddy offered his marketing influence to promote Ciroc vodka in exchange for a profit share.
This partnership flourished as Ciroc vodka became one of the biggest and most popular vodka drink in the alcoholic beverage market. This phenomenal success also paved the way for another joint venture to release its latest DeLeon tequila brand. Not only that, but Diddy also has other business ventures like a clothing brand. He’s also the largest stakeholder of the Revolt TV network.
While most celebrities don’t enter the real-estate game unless they want to buy their own personal properties, Ellen DeGeneres is the queen in this field. The daytime TV queen became one of the most successful home-flippers in Hollywood.
She admits at first she never thought of selling the properties she bought. But together with her wife Portia de Rossi, they renovated several homes together until they decided to start selling it. Since their first successful venture, the couple has owned and sold more than 12 properties of diverse styles and sizes.
Ellen’s most notable home-flipped property was a mansion that cost an astounding $40 million, where she earned a $15 million profit out of it.
If there’s a pro when it comes to promoting branded liquors, it’d be George Clooney. The veteran actor first started concocting Casamigos tequila brand for his friends when Diageo took interest and acquired the brand for an astounding $1 billion deal. This paved the way towards creating the multi-billion-dollar company they have today. Aside from that, Clooney also excels in other fields like businesses and filmmaking.
Since becoming a mother to her two gorgeous young daughters, Jessica launched Honest Company last 2012 to sell organic baby products like body lotion, laundry detergent, and baby wipes to target the ethical and eco-friendly minded customers. Despite the initial legal and PR issues they faced, Jessica’s company have grown and they earned hundreds of millions in terms of profit and annual sales.
Ever since the renowned American actor starred in the long-running TV series That 70’s Show, Kutcher’s acting career continued to soar. As his wealth continues to accumulate, Kutcher also entered the world of investing to make his money grow further.
He ventured into the tech industry and partnered with Guy Oseary to forge an alliance and establish A-Grade Investments together with the billionaire tycoon Ron Burkle. Together, they turned their $30 million investment into an astounding $250 million as they backed large tech companies in Silicon Valley like Airbnb and Uber.
Nasir Jones may have long passed his rap throne and baton to aspiring younger talents but the renowned rapper has accumulated enough wealth to become an investor just like Kutcher in the tech world. He launched Queensbridge Venture Partner capital firm that caters investments for music production and healthcare. Among its notable products include Coinbase, Dropbox, and Lyft.
More in Rich & Famous
The Best Winter Destinations to Travel This Holiday Season!
Everyone has mixed reactions when we talk about winter travel. Most people in the West dread traveling in the winter due...May 29, 2023
10 Natural Hоmе Remedies for Treating Gingivitis
Have you noticed friends stepping away from you when you talk to them? Thеre is a high chance you are suffering...May 27, 2023
Maintaining The Right State Of Mind For A Healthy Life
The human mind is the invisible force that controls and affects the physical aspects of the human body. The state of...May 27, 2023
How Not To Let Money Problems Affect Your Health
It is not uncommon for people to have a heart attack when the stock market crashes, taking all of their money...May 27, 2023
These Mistakes Are Weakening Your Immune System- Get Rid of These Bad Habits Today
With various illnesses emerging with each passing day, having a good immune system holds immense importance. Sure, it might be just two fluids...May 26, 2023
The Flip Side of Fish Oil: Here’s The Silent Danger It Poses
Fish is an essential component in most diets world over. As a source of protein, fish provides sufficient nutrition in its...May 26, 2023
American Cancer Society Drops Ideal Screening Age at 45
According to the recent statistics, more and more people are being diagnosed with colorectal cancer. However, not everyone is actually as...May 26, 2023
The Cure for Cancer Might Just Be in Your Own Cells
Tori Lee was diagnosed with Acute Lymphoblastic Leukaemia (ALL), a blood cancer of very a aggressive form, when she started kindergarten in 2008....May 25, 2023
Here’s Why You Should Never Ask a Celebrity For Parenting Advice
Whenever we see our favorite female celebrities or public figures becoming an expecting or parenting mom, we couldn’t help but squeal...May 25, 2023
You must be logged in to post a comment Login