10 Celebrities Who Made Incredible Investments
There are almost infinite ways you can invest your money, but which investments will secure you the best return? Well, it looks like these celebrities found out which investments will pay out big time, as their net worths continue to climb to numbers ordinary people could only dream of.
Whether your favorite rapper is part of a multi-billion dollar vodka company, or your favorite sit-com actor multiplied their investment 8 times by investing in Uber, here are some of the most successful investments celebrities have made.
Famous for his role in That ’70s Show, among numerous other television shows and movies, Ashton Kutcher teamed up with Madonna’s manager Guy Oseary and billionaire Ron Burkle to invest in Uber and Airbnb. Over the course of six years, the duo’s investment portfolio has turned $30 million into $250 million, multiplying their initial investment by 8.3.
Jessica Alba’s net worth has climbed considerably over the past few years, and is now sitting at more than 360 million dollars. In 2012 Alba started the Honest Company, which sells organic products such as baby wipes, body lotion, and laundry detergent. While it has run into a few PR and legal issues over the six years it has been running, it is boasting hundreds of millions of dollars in annual sales.
Sean ‘Diddy’ Combs
Sean John Combs, also known as Diddy, Puff Daddy, and P Diddy, ended last year with a net worth of $825 million – just a few million shy of a billion. In the year 2016-17 Diddy earned a whopping $130 million, and those figures are only expected to climb. This is all thanks to the musician’s investments in Diageo, which Combs helped market their Ciroc vodka.
In recent years Combs also partnered with tequila brand DeLeón. Combs also generates his massive fortune from his clothing brand, other ventures hes a part of and his rather large stake in TV network Revolt.
Celebrities seem to love their alcohol, as George Clooney started tequila brand Casamigos which became a world-wide sensation before beverage company Diageo acquired it for $1 billion. Shockingly, Clooney didn’t start Casamigos with Rande Gerber and Michael Meldman to make money – they just wanted a tequila that they enjoyed drinking. After building vacation homes next to each other in Mexico, the two discussed making their own tequila and finally settled on the perfect concoction.
In 2013 Casamigos was available to the public, and shortly after Diageo approached them and offered an initial $700 million for Casamigos, with another $300 million depending on the tequila’s performance.
Robert De Niro
Acting legend Robert De Niro has been credited by world-renowned chef Nobu Matsuhisa for convincing him to launch Japanese restaurant empire, Nobu. De Niro loved Matsuhisa’s earlier restaurants, and became a business partner in the restaurant chain which is now incredibly successful around the world.
Whilst De Niro isn’t as wealthy as some of the other celebrities on this list, having a net worth of $200 million, it is still far more than any of us could ever imagine having.
Shawn Carter, better known as Jay-Z, has grown from being a rapper to an incredibly successful business man. His net worth is now sitting just shy of a billion dollars ($810 million) thanks to his streaming service Tidal, his champagne Armand de Brignac, and talent agency Roc Nation. Jay-Z purchased Tidal in 2015 for $56 million, and is now estimated to be worth more than $600 million.
If we include Jay-Z’s wife, Beyonce, in the valuation, their combined net worth is $1.1 billion!
Reese Witherspoon is a successful actress who has a net worth of $120 million thanks to her investments. Witherspoon started her own production company, Pacific Standard, which has released successful films including Gone Girl and Wild, and she has also branched out and took the role of executive procuer in HBO’s Big Little Lies. Witherspoon also launched her own clothing line, Draper James, which has helped her net worth grow to where it is today.
Jessica Simpson started her career as a pop singer and actress, however has since launched her own fashion line in collaboration with Camuto Group. In 2006 she launched the Jessica Simpson Collection which has expanded from just footwear to clothing, jewelry, handbags and much more. Since it was launched it generated billions of dollars in sales, before being acquired by the Sequential Brands Group.
American rapper Nasir Jones, or Nas, has since given up his rap throne which paved the way for his technology investments. His firm, Queensbridge Venture Partners has invested in many companies such as Lyft, Dropbox, Coinbase, as well investing in the healthcare sector and music industry. Nas’ current net worth is sitting at $50 million – making him one of the richest rappers in the world.
Daytime television star Ellen DeGeneres has a net worth of $400 million, making her one of the wealthiest television stars in the world. She continues making money from her investments in the real estate market, even if it is unintentional. DeGeneres has said she never buys houses to sell them, telling herself that she’ll never move again – but it tends to pay off. In recent years she sold her mansion for $40 million, making a profit of $15 million.