Celebrities With Multi-Million Dollar Side Hustles

money and fameAugust 31, 2023

It’s no secret that celebrities make money from their main profession, whether it’s acting, singing or sports. But did you know that many of them also have successful side hustles? These ventures provide additional income and allow them to explore different passions and interests outside of their main gig. From makeup lines to tech companies, here are some celebrities with multi-million dollar side hustles.

Gwyneth Paltrow – Goop

Gwyneth Paltrow’s lifestyle brand, Goop, has been met with both praise and controversy. Regardless of your opinion of the brand, there’s no denying its success. Goop offers a range of products, including wellness supplements, clothing, and home decor.

DAM ROSE/ NETFLIX | Goop (stylized as goop) is a wellness and lifestyle brand and company founded by actress Gwyneth Paltrow

The company was valued at $250 million in 2018 and has continued to grow since then. Paltrow has faced criticism for some of the products and advice offered on Goop, but her brand has still managed to attract a dedicated following.

Rihanna – Fenty Beauty

Rihanna’s makeup line, Fenty Beauty, has been a massive success since its launch in 2017. The brand is known for its inclusive range of shades and textures, catering to all skin tones. Fenty Beauty raked over $500 million in revenue in its first year.

The line has since expanded to include skincare, fragrances, and lingerie. Rihanna has proven herself a savvy businesswoman, and Fenty Beauty has cemented her status as a beauty icon.

Getty Images/ AP | The SpringHill Company is a global consumer and entertainment brand

LeBron James – SpringHill Entertainment

LeBron James is not just a basketball superstar – he’s also a successful producer and businessman. His media company, SpringHill Entertainment, has produced TV and film projects, including the hit comedy “Space Jam: A New Legacy.”

James has also invested in various companies, including Blaze Pizza and Liverpool Football Club. In 2020, he launched More Than a Vote to fight voter suppression and racial injustice. James has been vocal about using his platform to create change, and his business ventures allow him to do just that.

Jay-Z – Roc Nation

Jay-Z has made a name for himself not just as a rapper but also as a businessman. His entertainment company, Roc Nation, offers artist management, music publishing, and sports management. Roc Nation’s roster includes some of the biggest names in music, such as Rihanna, J. Cole, and Megan Thee Stallion.

Shareif Ziyadat/ Variety | Roc Nation is an entertainment agency founded and owned by Jay-Z in 2008

The company has also dipped its toes into television production, with shows like “The Rap Game” and “The Shop: Uninterrupted.” With a net worth of over $1 billion, it’s clear that Jay-Z’s entrepreneurial ventures have paid off.

Jessica Alba – The Honest Company

Jessica Alba co-founded The Honest Company in 2011, offering safe and non-toxic household products such as diapers, cleaning supplies, and skincare. The company has been valued at over $1 billion and has expanded to offer baby formula and vitamins.

Alba has been vocal about her struggles to find safe and affordable products for her children, and The Honest Company was born out of that frustration. The company’s success shows demand for natural and safe products in a market prioritizing profits over people.