Hollywood stars make millions of dollars from their work in front of cameras. However, the
Entertainment industry can’t be that lucrative forever. Sooner or later, younger and more talented stars will replace you. Knowing this fact, many celebrities have invested their money in other businesses. Some build their own brands, while others profit from their past projects. Whatever the case is, these guys got to sit back, relax, and watch the money pours into their pockets.
So let’s see who got the most lucrative sources of income of them all. Here are 12 celebrities who got filthy rich from their side business.
1. Ariana Grande
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Ariana Grande is one of the highest-paid celebrities on Instagram. She has over 330 million followers on the platform, which brings her millions of dollars from sponsorship. Every time she created a sponsored post, the singer got paid $853,000 per post. Making money was never faster.
2. Khloé Kardashian
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Khloé Kardashian got a lot out of her collaboration with Emma Grede. In 2016, Khloé and Emma created Good American, a fashion brand mainly focused on jeans. The brand made $1 million in revenue on its launch day and expanded to other items, such as swimwear and activewear. They made about $13 million every year, and Khloé must be taking a good portion of that.
3. Jennifer Lopez
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In 2002, Jennifer Lopez launched her fragrance brand named Glow. It quickly became a bestseller in the US. Nowadays, her brand has grown and released over 24 new fragrances. Lopez’s brand has generated over $2 billion globally, so it’s safe to say that she made a lot of money from her side business.
4. Gwyneth Paltrow
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Speaking of celebrities who got filthy rich from their brands, Gwyneth Paltrow also got money poured into her pocket from her business, Goop. It’s a lifestyle brand that centers around health advice and multiple types of products. Goop makes about $83 million per year. In 2019, it was valued at $250 million. Paltrow owns 30% of the company’s stakes, which means she takes home $75 million, excluding taxes.
5. Mariah Carey
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Mariah Carey created the legendary Christmas song that got played every Holiday season: All I want for Christmas Is You. That one hit brought her about $60 million from 1994 to 2016. She makes about $3 million every year from all the streams and radio air time. That number might be bigger if she performs the song live.
6. Jessica Alba
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In 2021, Jessica Alba created The Honest Company and became one of the most successful businesswomen in Hollywood. Her company brought her $6 million in stock, $563,077 in salary, and $1.4 million in bonuses.
7. Kate Hudson
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Kate Hudson also created her company Fabletics in 2013. During its best year, Fabletics earned $500 million in revenue. Hudson owns 20% of the company, you can probably imagine how impressive her annual share must be. Other than her business, Hudson’s books and her endorsement deals also brought her millions of dollars.
8. Michael Jordan
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When Michael Jordan signed a deal with Nike in 1984 to release this technologically advanced shoe, the hope was that they would make $3 million in their first year. They made $126 million instead, and the legendary athlete would get 5% of each pair of shoes sold. He still takes the same percentage to this day, which means that he makes about $150 million per year from this shoe brand.
9. Ellen DeGeneres
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When Ellen DeGeneres first introduced her famous game Heads Up on her show, everybody loved it. The game hold the #1 spot on mobile apps for a long time. We don’t know much much money Ellen gets from it, but she got $20 million out of her comedy special deal on Netflix.
10. Drew Barrymore
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Drew Barrymore has her very own beauty brand called Flower Beauty. Her products are affordable and can easily be purchased from local stores. Barrymore got about $50 million in revenue from her brand.
11. Kelly Clarkson
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Kelly Clarkson makes about $136,000 per year from her books alone. On top of that, her talk show brought her $1 million per month, and the Voice paid her $14 million per season. Clarkson also owns a furniture business and her products are selling very well.
12. Francis Ford Coppola
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Francis Ford Coppola bought an 84-acre vineyard in Napa Valley in 2002. He invested $31.5 million in this land and gain back a great revenue from it. The beverages produced on his land were considered one of the best in the area and would sell for $100 per bottle. In 2021, Coppola said he wanted to dell the vineyard, which would bring him anywhere between $500 million and $1 billion.
Those are 12 celebrities who got filthy rich from their side jobs that you might not know about. On the other hand, these Hollywood stars almost went broke and couldn’t afford a luxurious life. Find out about their struggles
here.