Which celebrities have built successful business empires?

Celebrities like Reese Witherspoon, Selena Gomez, Jennifer Lopez, Rihanna, and Jessica Alba have built successful business empires.

What industries are these celebrity-founded businesses in?

These businesses operate in various industries including media, beauty, fashion, beverages, and consumer goods.

How do celebrity brands like Fenty Beauty achieve success?

Fenty Beauty, founded by Rihanna, achieved success through its championing of inclusivity in the makeup industry for all skin tones.

Home / Business and Economy / Stars Turn Business Moguls: From Screen to CEO

Stars Turn Business Moguls: From Screen to CEO

8 Feb

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Summary

Celebrities leverage fame to build billion-dollar brands.
Companies span beauty, media, fashion, and beverages.
Many brands incorporate social purpose and inclusivity.

Stars Turn Business Moguls: From Screen to CEO

Leading ladies in Hollywood are increasingly taking on roles as powerful CEOs and founders, extending their influence beyond the silver screen.

Reese Witherspoon, frustrated with script choices, founded Hello Sunshine in 2016, a media company that supports women-led stories and has produced hits like 'Big Little Lies.' In 2021, she sold a majority stake for approximately $900 million, while continuing an active role. She also manages her fashion brand, Draper James.

Selena Gomez launched Rare Beauty in 2020, challenging unrealistic beauty standards and generating over $300 million in sales in 2023. A significant portion of sales supports mental health initiatives through the Rare Impact Fund.