Some people assume that celebrities earn most of their money through their jobs, whether acting, walking the catwalk, or making music. That’s generally not the case. Instead, many celebrities boost their net worth in various ways, ensuring they don’t have to rely on their paychecks. Interested in learning how they do it? Here are five interesting ways celebrities increase their wealth.
Many people invest in companies to boost their wealth – celebrities included. Justin Bieber, Beyonce, Ashton Kutcher, and Oprah Winfrey have all made a lot of money through sensible investments. Not to mention how much wealth Elon Musk has acquired over the years through his business investment decisions. In fact, Elon Musk became a celebrity through it! After investing in Tesla, he earned enough money to start his company SpaceX, which focuses on affordable space travel and getting to Mars. With all of this, you might wonder, how much does Elon Musk make a second? The answer is a lot – every second, Musk earns $486.50!
2: Starting a Brand
Celebrities often increase their wealth by creating their own brand, many of which have found significant success through it. Arguably the most successful is Rihanna’s Fenty Beauty company, which she began to provide beauty products that work for every woman and skin tone. Through this company, Rihanna has become a billionaire!
3: Offering Personalized Videos
A simple but effective way celebs make money away from their day jobs is by selling personalized videos to fans. These cameos can quickly see them making tons of extra cash! It’s done by celebrities like Brian Cox, Tom Felton, and James Marsters. You never know; your favorite celeb might offer a cameo, allowing you to receive a personalized video you can keep forever. They also make great birthday gifts!
OnlyFans is an online platform that allows users to create content behind a paid subscription. It’s often used for adult content but can be used for anything, including art videos and fitness training. Some celebs that have made an extra buck on OnlyFans include Bella Thorne, Cardi B, Iggy Azalea, and Amber Rose. Plus, it’s not just celebs on there – many people decide to make money using OnlyFans, with the most successful users earning enormous numbers!
5: Opening a Restaurant
One business venture you might not have expected celebrities to go choose is opening a restaurant. It’s true, though – celebs like Eva Longoria and Justin Timberlake have increased their wealth this way. Eva Longoria’s Las Vegas Steakhouse is now, unfortunately, closed. However, Justin Timberlake’s The Twelve Thirty Club in Nashville is still up and running. Just don’t expect him to wait at your table when you show up!
Most celebrities do not rely on one income. While they might earn big bucks from their music, movies, and modeling, that doesn’t mean that’s the only form of income they have. By investing in the right businesses, starting their own companies, and finding small but profitable side hustles, A-listers can become even wealthier than they already are.