Celebrity Sidelines
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Katie Price Celebrity Sidelines
Not content making millions from selling albums, starring in films and conquering showbiz, these celebrities also shine in the business world and have their fingers in a number of money-making pies.
Gwen Stefani: LAMB
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Gwen Stefani
Solo artist and lead vocalist of rock band
No Doubt,
Gwen Stefani, founded her fashion line
LAMB in 2003. The range consists of shoes, watches and bags – the name comes from an acronym of her first solo album’s name Love, Angel, Music, Baby. Celebrities such as
Teri Hatcher,
Nicole Kidman and
Paris Hilton are known to wear the brand and the line is said to make an annual gross income of $90m, which Stefani pockets on top of her other business ventures and song royalties.
P Diddy: Sean John
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P Diddy Sean John
Sean Combs, aka P Diddy, Puff Daddy and Diddy, isn’t known only as a rapper who likes to change his name a lot. The entrepreneur’s also a record producer, actor, men’s fashion designer and dancer. Where does he find the time? Diddy’s business interests include
Bad Boy Records, the fashion labels
Sean John and Sean by Sean Combs, a movie production company and the restaurant chain Justin’s. As a result P/Puff/Diddy/Daddy was named No 1 in a list of the top 10 richest people in hip-hop in 2002.
Katie Price - KP Equestrian
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Katie Price
What\'s the saying? Jack of all trades and master of none? Well, Katie Price\'s bank manager would have cause to argue with that truism. The former page three girl has to date released ten books - her next Standing Out is out in October - starred in over 11 of her own reality TV series, her album A Whole New World sold over 100,000 copies, she has two perfumes - Stunning and Besotted - has just launched her own ranges of riding clothing, KP Equestrian and KP Pony, and has just been named the patron of The Duke of Essex Polo Tournament. Oh, and she models now and again too. At last count The Daily Mail valued her at over £40million.
J Lo: Sweetface
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Jennifer Lopez
As well as selling over 35 million albums worldwide,
Jennifer Lopez describes herself on her
official website as a “fashion industry entrepreneur” with her
Sweetface by J.Lo fashion line. Lopez was ninth on Forbes’ 2007 list of The 20 Richest Women in Entertainment. In 2002 J.Lo opened a Cuban restaurant in California named Madre’s and she’s also delved into the world of perfume a number of times. The diva owns the film and production company Nuyorican Productions, which is said to be worth $100m in NET Worth stocks.
Oprah Winfrey: Harpo Studios
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Oprah Winfrey Harpo Studios
Oprah Winfrey was considered the richest women in entertainment by the early 1990s. Queen of American talk shows,
Oprah Winfrey began to spread her entrepreneurial net in 1988 when she established Harpo Studios. The entertainment tycoon became a millionaire by the time she reached 32, and nowadays an estimated 46 million people tune into The Oprah Winfrey Show in the United States. Oprah also has her own magazine, O, The Oprah Magazine, which is credited as being the most successful magazine launch in recent history, and has a circulation of 2.3 million readers each month. In 2004, O, At Home an interiors magazine was launched. Oprah has also produced Broadway musicals, such as The Color Purple at the Broadway Theatre in New York. As a result of the success of Harpo Entertainment Group Winfrey has been named the first black woman billionaire in world history.
Robert De Niro: Tribeca Grill
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Robert De Niro Tribeca Grill
Actor
Robert De Niro is also co-owner of
Tribeca Grill and a co-owner of The Greenwich Hotel in New York. The Tribeca Grill opened in 1990, and although De Niro co-owns the venture, its investors include
Bill Murray and
Sean Penn. The restaurant is on the first two floors of the Tribeca Film Centre, which is handily the headquarters for De Niro’s film company Tribeca Productions .The actor also co-founded the
Tribeca Film Festival.
Clint Eastwood: Mission Ranch
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Clint Eastwood Mission Ranch
Legendary actor
Clint Eastwood’s sidelines include the exclusive
Tehàma Golf Club, in Monterey County. The invitation only club has around 300 members, and a joining fee of $500,000. Additionally Eastwood co-owns
Pebble Beach Golf Club and the owns the
Mission Ranch, a historic 1850s farmhouse, Hotel and Restaurant, which has 31 unique rooms each with an ocean view, fireplaces and Jacuzzi tubs. On top of this Clint owns
Malpaso Productions, which produced many of the films Clint starred in, including
Million Dollar Baby and
Dirty Harry.
Madonna: M by Madonna
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M by Madonna
The queen of pop, who’s reinvented herself more times than we’ve had hot dinners, has also stuck her fingers in a number of pies on the side. As well as being a singer, actress and political activist,
Madonna is a film director, fashion designer and publisher of children’s books. Madonna’s directorial debut was
Filth And Wisdom, which received mix reviews.
The Times Online said she had “done herself proud” while
The Daily Telegraph described the film as “not an entirely unpromising first effort [but] Madonna would do well to hang on to her day job.” The singer’s fashion line, M by Madonna, which she designed with H&M, is said to have increased the stores profits by 31% when it hit the shelves.
Kate Moss: Kate Moss Topshop
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Kate Moss for Topshop
Being a world famous supermodel and fashion icon, stepping into fashion design seemed like the next step for waif-like
Kate Moss. Kate put her name to the Kate Moss for
Topshop range, and was reportedly paid £3m for her work, which consists of choosing designs and modelling them. The
collection received mixed reviews from the fashion press. The
New York Post called it “Duplikate” claiming it was similar to the model’s own wardrobe, which Trinny and Susanna argued the clothing was not suitable for an average woman’s figure. In addition Moss co-wrote four songs for
Babyshambles\' second album Shotter’s Nation.
Helena Christensen: Butik Christensen and Sigersen
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Helena Christensen
It seems that being a model gives you a free pass into business side of the fashion industry these days. Danish model
Helena Christensen owns Butik Christensen and Sigersen in New York’s West Village with her pal Leif Sigersen. Butik (the Danish spelling of boutique) combines Christensen’s fashion sense with vintage tones and the pair pick their products from other boutiques around the world. They pair launched their own label in 2006, and create their designs in the butik’s workshop.
Bono: Elevation Partners
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Bono Elevation Partners
U2 singer Bono founded Elevation Partners with veterans from the likes of Apple, Silver Lake and Blackstone Group in 2004. The whopping $1.9bn firm makes large-scale investments in selected media and entertainment companies. Bono’s company has partnered with Forbes and the website Move. But Elevation is just one of Bono’s many enterprises. In 2005 he founded Eden Clothing, a fair trade group selling clothing made in the developing world, while he also has interests in hotels, real estate, restaurants and a recording studio currently being built in Dublin. On top of this, we should remember U2 own the rights to their own music, so Bono can’t be doing too badly.
That\'s how they earn their money, now find out how celebs spend it
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