In this article, we take a look at some of the best investments ever made by celebrities. Celebrities are famous people known for one thing or another but some are also very adept at making investments that yield greatly. Some others however don’t quite cut it in the investment world and end up losing sizeable part of their money.
Let’s quickly discuss Top 10 Celebrity Investments Of All Time and find out if our favorite celebrities made the list or not.
Top Investment: Weight Watchers
Former talk show host Oprah Winfrey is the first shrewd investor on this list. In 2015, Oprah acquired a 10% stake in the weight loss giant Weight Watchers for $43 million. This move greatly increased the stock of Weight Watchers and the value of Oprah’s shares rose to over $400 million.
The company later rebranded as “WW” but a few stumbles here and there have hurt its stock price.
Top Investment: Beats Headphones
Dr. Dre is a music legend in the rap genre and also an astute businessman. He channeled all his energy on one business venture and his approach eventually paid off.
In 2006, Dr. Dre co-founded the Beats headphones company and held a 25% stake in the company when it was sold to Apple in 2014.
The mega-deal was finalized at $3.2 billion and it is estimated that Dr. Dre made about $500 million from the deal after taxes were deducted.
Top Investment: Uber
Ashton Kutcher is a sitcom and movie star who has consistently invested in highly successful startups over the last decade.
He founded A-Grade Investment, a venture capital firm alongside Guy Oseary who is Madonna’s manager. Through this company, Kutcher has invested in startups including Soundcloud, Spotify, Shazam and Airbnb. Kutcher and Oseary invested $500,000 in ride sharing service company, Uber in 2011 when the company was still under public radar.
Today, that investment is estimated to be worth over $50 million by Forbes.
Top Investment: Spotify
Sensational musician, Justin Bieber is well famous for his music but the fact that he is equally a good investor may not be known to many. Bieber’s first investment was in music streaming service, Spotify.
Spotify went public in the month of April 2018 with shares of the company gaining 13% within the first 24 hours of trading on the stock market.
Another investment made by Justin Bieber is a $1 million investment in Shots Studios. The company produces YouTube videos and has also launched its own record label under Universal Music Group.
Top Investment: Real Estate
Popular comedian, talk show host and game show host Ellen DeGeneres has developed a reputation as a savvy real estate investor.
Ellen is married to actress Portia de Rossi and the couple have bought and sold numerous choice properties over the years, raking in millions in profit.
A Beverly Hulls mansion which was bought for $16 million in 2015 was sold for $35 million in 2018. Not a bad deal at all!
Top Investment: The Honest Company
Jessica Alba is an actress famous for her roles as Sue Storm in the Fantastic Four movies as well as her starring role in the Dark Angel TV series. She is equally successful as an entrepreneur and in 2011, she founded The Honest Company.
The company has a goal of selling consumer products that are made with safer, more natural ingredients. In 2015, the company peaked and was valued at $1.7 billion.
Top Investment: Vita Coco
Queen of Pop, Madonna is another shrewd celebrity investor. Madonna while touring fell in love with Vita Coco coconut water and decided to shell out $1.5 million to invest in the company.
In 2017, the company offered itself for sale to the makers of Pepsi for $1 billion but the cola company was reluctant to pay that much so the deal fell through.
Top Investment: Carol’s Daughter
Actor Will Smith is another big celebrity investor on this list. Will Smith became popular through his TV sitcom The Fresh Prince of Bel-Air. He then followed this up with appearances in several big-screen blockbusters and is today one of the top movie stars in Hollywood.
Will Smith’s most notable and lucrative investments so far have been in Carol’s Daughter, a beauty brand and in Biobeats, a company specialized in digital health.
Will Smith also has a minority stake in Philadelphia 76ers, an NBA team. Recently, Will Smith and a team of other investors that includes NBA superstar Kevin Durant launched a $15 million venture capital fund to help promote diversity in the tech industry.
Top Investment: Elevation Partners
Bono is a member of the rock band U2 where he is the lead vocalist and primary lyricist. Born and raised in Dublin, Ireland, Bono is also a venture capitalist aside from being a musician.
Shortly after Elevation Partners, a venture capital firm was formed in 2004, Bono joined the company. He was in the firm’s board as it acquired stakes in numerous media, tech and entertainment companies.
The firm purchased a 1.5% stake in social media giant Facebook in 2009. It is estimated that Bono made off with $10 million in profit from Facebook’s IPO in 2012.
However, in 2015 Elevation Partners began to wind down. At that point, it was valued at $1.9 billion.
Top Investment: LA Lakers
Basketball legend Earvin “Magic” Johnson retired from professional basketball in the 1990s and launched an investment firm which he called Magic Johnson Enterprises.
Operating under this company, Magic Johnson has owned stakes in the LA Lakers as well as a number of franchise businesses such as Starbucks, Burger King and TGI Fridays locations.
In the year 2011, Johnson joined Detroit Venture Partners, a venture capital firm as an investor and general partner. The company one time raised $55 million to invest in several tech startups.
Conclusion On Top 10 CELEBRITY Investments Of All Time
A lot of celebrities these days are pulling their weight behind companies and investing their money. Those with the best investments so far have been discussed in this article.