Can you imagine that after all Beyoncé’s twerking little Kylie Jenner is richer than her- Forbes recently published a list of female billionaires, its been observed that the richest celebrities are not just singing or acting- they are peddling products.
Here are 7 celebrities that leverage their fame to sell various items
The Academy Award winning actor co-founded a Tequila company called Casamigos.
George clooney and his friend Rande Gerber created the company by accident while hanging out in Mexico, they did not seem to find the exact Tequila they loved, some were good, some were bad while some were expensive.
They decided to create a mix that would be perfect for them, In 2013 Casamigos was born. Fast forward a few years later in 2017, George Clooney closed a deal with Diageo selling the company for over 1 Billion US dollars, making him 2018’s highest paid actor even though he did not feature in any movies
Don’t be fooled by her blond hair, Reese witherspoon is a hardcore business women she sells everything – She founded a fashion label Draper James – She makes clothes, shoes and assessories. She also sells Funiture, Beddings & Kitchen Wares.
Reese wither spoon also started her own production company Hello sunshine – Her production company makes movies (big little lies) talk shows, a book club and audio programming.
According to Forbes, Reese Witherspoon is worth 240 Million dollars
In 2015, Kylie Jenner used $250,000 of her earnings from modeling gigs to pay an outside company to produce her first 15,000 lip kits. she sold out in just a few hours. Her success encouraged her to upgrade from selling just a few pieces of lip kits to a whole range of cosmetics including eye-shadows and lip liners – Her empire was born.
At 21, Kylie Jenner is the youngest self-made billionaire ever. In November 2018, Jenner launched a distribution deal with beauty retailer Ulta and sold an estimated $55 million of product in just 6 weeks.
In May 2019 she announced the launch of her vegan Kylie Skin line. Just this morning, newly restocked products from Kylie skin sold out in 4 minutes
He recently became the first Hip-hop artist to become a billionaire and as always the money is in the business
His record label-Roc-A-Fella Records, signing about 50 artists to its roster. A clothing line, Rocawear, and a sports management company shortly followed. His Ace of Spades champagne, D’usse cognac, investment in Uber, Tidal streaming service, art collection and three homes all contribute pieces of the billion-dollar pie.
Do you remember Sean John, that was the first street wear brand created by Puff Daddy in 1998, he also expanded it into a full clothing line with accessories and perfumes
Puff daddy has not released no music in over a decade yet he is worth over 850 million dollars just making and peddling products- He has his own Tequila brand Deleon andWellness water – Aquahydrate. In 2007, He partnered with Diageo to promote Ciroc Vodka.
Puff daddy also owns a productioncomLT, It has become a multi-genre platform that includes music news, videos, exclusive performances, and original content.
Well “girl with no talent” as many haters refer to her has booked herself a spot at the Forbes list of richest women in the world worth a cool 370 million dollars . She milked her TV fame for everything its worth selling emojis, a mobile game, kids clothing and now, cosmetics.
The bulk of her fortune comes from her 2-year-old cosmetics company KKW Beauty, which generated more than $100 million in sales in 2018. Her company KKW West makes and sells perfumes and makeup
Passionate about criminal justice reform. Kim is following in her dad’s foots-steps to be a lawyer. she is presently training to take the bar exam in in 2022.
Rihanna’s status as the highest paid musician has nothing to do with music and everything to do with her makeup line Fenty. Its a 3 billion dollar company and she owns a 15% stake. Fenty Beauty racked up a reported $100 million in sales in its first few weeks, propelled by Rihanna’s fame and 71 million Instagram followers.
Rihanna has also launched a fashion line which debuted online in May.