While already stars in their own right, these celebrities have gone even further to establish their own renowned brands.
What happens when celebrities have had their fill of the limelight? For some, it’s a sign to pursue new business ventures.
From alcoholic drinks to fashion, these stars have built their own flourishing brands that are now worth billions.
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George Clooney and Rande Gerber
While living next to each other in Mexico, George Clooney and Rande Gerber had the idea to make their own brand of tequila. Initially, the private collection was just meant for the two of them, their friends, and family.
However, because of the drink’s popularity among their circle, their distiller advised them to get licensed. Eventually, in 2013, their brand Casamigos was released to the public. In 2017, the pair sold their tequila business to Diageo for $1 billion, the company told CNBC.
Mary-Kate and Ashley Olsen
Twins Mary-Kate and Ashley Olsen began their acting career in 1987. At just nine months old, they shared the role of Michelle Tanner in the sitcom Full House.
After starring in several shows and movies together, the pair ultimately traded the entertainment industry for fashion. Building their own empire, their brands include The Row, Elizabeth and James, and Olsenboye.
In 2012, the twins won the CFDA Womenswear Designer of the Year for their high end line, The Row. All their brands combined, including their retail company Dualstar, have a value of over $1 billion, according to Forbes.
Kate Hudson
Golden Globe winner Kate Hudson co-founded the subscription-based athleisure brand Fabletics in 2013. According to the brand’s website, they are dedicated to providing inclusive activewear and championing sustainability.
With over 2.3 million members, the clothing company could have a value of up to $5 billion, according to a report from The Wall Street Journal.
Banner image via Instagram @casamigos.
