There are numerous celebrities out there who we know for their music or their presence on the big screen, but many of them run or have founded highly successful businesses, and whose business acumen is to be respected. Many celebrities step outside of Hollywood to expand their wealth and power in business, but there are a select few who are as successful as wealthy businessmen already established in the industry. These side businesses can make so much that it is surprising that it is not their primary reason for fame.
Here are some celebrities who run highly successful businesses.
Well-known for his acting skills and his Hollywood presence, Ashton Kutcher is also a business man. He co-founded a venture capital firm, A-Grade Investments, and invested into Uber, Airbnb, Spotify, Soundcloud and Shazam. He reportedly has over $100 million in investments in 2014.
The actress known for “The Fantastic Four” founded The Honest Company, which provides household products which are non-toxic. Furthermore, the company promises transparency by telling all customers the origins of the products and their ingredients. In 2015, the company was valued at $1.7 billion.
The globally famous U2 singer Bono cofounded Elevation Partners (named after U2 song Elevation). The investment company has invested over $1.76 billion into noteworthy companies such as Forbes, Yelp, Yahoo and Facebook.
The company reportedly brought in a $1.4 billion return on its Facebook investment alone.
There are many celebrities who run businesses on the side, as they expand out of the hills of Hollywood and into the professional business world. Many run highly successful businesses, started by their initial celebrity wealth, and continue their success in the world of business. From investment companies to household products, the businesses and range of investments are far and wide but ultimately highly successful.