You Can’t Help But Marvel at the Smart Business Acumen of These Celebs! Here’s a Lowdown of These Celeb Investors!
While there are some celebs who make financial bad choices and they have little to no savings left for their secure future. But there are others who make great financial decisions and change their bank accounts into phenomenal bank accounts. They use what they earn from whatever they earn from their main business, the entertainment business. They use the money for a number of ventures. Here are some of the financially savvy celebs who will inspire you to invest in things that can magnify your bank accounts.
Justin Bieber has invested in various start-ups like Spotify. He has been a very successful music career and with the enormous fortune he has been earning, he has been able to invest the money and got sizeable returns from it. His first important investment in the music streaming service Spotify went public in April 2018. Bieber and the other investors saw the shares going up as 13% higher after the first day at the stock market. Justin went on to invest close to $1 million to Shots Studios that produces YouTube videos and even went on to start his record label Universal Music Group.
Oprah Winfrey, the versatile woman that she is, was not happy with just her enormously successful television host, television producer, actress, author, and more, she even went on to buy a stake in Weight Watchers. We are sure she was mighty glad to see its value increase.
It is important to note that she is worth billions through carving out an enormously successful television empire but she wanted to make some important investments to increase her considerable fortune. In 2015, Winfrey paid a 10% stake to Weight Watchers. With Oprah investing in the same, her shares started skyrocketing and it added to $400 million.
Ashton Kutcher was one of the first few actors who thought of investing in tech startups, Uber. Well, it has been a little different for Ashton Kutcher as he thought of investing in fledgling companies and the fortunes of those companies changed forever.
One of his most lucrative investments was A-Grade Investments, a venture capital firm, he invested with Guy Oseary (Madonna’s Manager). Not only that Kutcher also invested in Spotify, Soundcloud, Shazam, and Airbnb. He and Oseary invested $500,000 in Uber and it was way before Uber had made a name for itself. As per Forbes, their worth was worth $50 million in 2016.
Ellen DeGeneres is not only a great comedian, talk show host, but she is also a real estate investor.
Ellen DeGeneres is best known as a comedian, talk show host, and game show host, but she also had the reputation of being a really good real estate investor.
DeGeneres and her actress wife, Portia de Rossi, have been making the most of their real estate investments as they have been able to sell numerous properties the past few years, making their business into a money-making business. The couple sold off a Beverly Hills mansion in 2018 for a neat $35 million and it was more than double the amount DeGeneres paid a couple of years back, $16 million.
Jessica Alba has been a successful actress and now an uber-successful entrepreneur of a consumer products company. Jessica Alba is most known for her fantastic portrayal in her movie Fantastic Four, also for her TV show Dark Angel TV series.
However, she has been able to discover herself as an entrepreneur with her company The Honest Company, 2011. She has been selling consumer products with clean and natural ingredients. In 2015, her company was valued at $1.7 billion. She has also been successfully venturing into various other businesses such as investing in the meditation app, Headspace, Managed By Q, and Honor.
Madonna, the Queen of Pop has been successfully exploring her entrepreneurial side. One of her top ventures has been the coconut water company, Vita Coco. She is not alone in thinking of the Vita Coco company as a potential venture, Demi Moore, Matthew McConaughey, and others have been investing close to $1.5 million in the company.
The investors were on the verge of getting mammoth returns from their investments as in 2017 when Vita Coco was up for sale for the giant fizzy drink maker, Pepsi for $1 billion. However, the cola company was not ready to buy it with that much money.
It’s not about being rich only, it’s also about skillfully utilizing your money and making savvy investments in the process; well these celebs have been able to do just that. Anyways, theirs have been all successful ventures thanks to their sharp business skills and their financial advisors.
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