Thursday, March 28, 2024

Justin Bieber, Oprah, Ellen and Other Celebs who Have Made Wise investment Decisions

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*In the competitive entertainment world, with all of its newfound economic power, the wealthiest celebrities may not always make perfect moves.

They usually prefer spending their money on fancy cars and lavish living that do not always have strong profit potential down the road. There are loads of stories of money handled poorly or just blown.

That’s why, to guide these personalities towards wiser, globally competitive investments, celebrity financial advisers take appropriate measures like doing fintech research to invest their money in the sector for better profits. And some influential people have made smart, though not always splashy, life decisions on where their chips should be.

Here are some of the celebrities who have brought the competence of entrepreneurship to the next level.

  • Justin Beiber

While the successful singing career of Justin Bieber has helped keep him occupied, he has finally found time from recording and traveling to spend part of his great riches to earn much more cash.

His initial invested money was in Spotify, which came out publicly in April 2018, as a streaming music service. On their first day of a stock trading exchange, Bieber and other shareholders witnessed the shares in the company getting settled 13% higher.

After Spotify’s success, the next target for Bieber was the Shots Studios that create YouTube videos and have already released its very own music label under the Universal Music Company. He made a significant contribution of more than $1 million to the tremendously growing channel that, of course, turned in his very favorite.

  • Ellen DeGeneres

As a comedian, talk show host, and game show host, Ellen DeGeneres is probably most famous, but she has also earned a reputation as a very successful real estate professional. With their often quirky taste, big stars don’t always play these games of property investment to their full potential. The real queen of television these days is a notable example.

Over the years, DeGeneres and her partner, actress Portia de Rossi, have purchased various assets and sold them to reap the profit margins worth millions. The Estate Now, for instance, estimates that the couple has managed to sell a Beverly Hills mansion for $35 million in 2018,  nearly twice of the $16 million DeGeneres paid only three years ago for the property.

Since becoming popular in the industry, she has successfully sold 12 sites of different types and sizes and has made a decent chance in the process. She flipped a $40 million villa for $15 million.

  • Oprah Winfrey
Oprah Winfrey
Oprah Winfrey (Facebook)

Oprah Winfrey, unlike many other big-name celebs, isn’t just wealthy. Through all the entertainment power that she generated out of her famous television program, she is worth billions of dollars. An investment recently contributed to making her tremendous fortune even greater.

Winfrey invested $43 million in 2015 for a 10 percent interest in Weight Watchers, the weight reduction giant. Her involvement in Weight Watchers ultimately revived its interest rate globally. Through the Oprah links, the price of her stock shot through the roof to even more than $400 million. It seems like she made the financial decision just at the right time.

All this was before her business made a few falls that damaged its stock value. Now its name is changed to WW.

  • Jessica Alba

For performing Sue Storm in the Fantastic Four movies, and for her leading role in the Dark Angel TV series, you probably know Jessica Alba already. But her most popular position seems to be as an investor in reality.

With the intent of selling consumer goods formulated with cleaner, more organic ingredients, she created The Honest Company in 2011. Later, her business estimated around $1.7 billion at its peak in 2015.

She has also invested resources into many other firms, such as the Headspace app meditation app, the Managed By Q office services business, and the Honor senior care company. It is all about making the right decisions with a focus on the profits.

  1. Madonna

Madonna, the reigning queen of Pop music, is evidence that a successful approach for investing is to invest in what you already know and make the decision when needed.

Madge found love for Vita Coco coconut water while traveling, and by investing $1.5 million in the company, she chose to enter the likes of Demi Moore, Matthew McConaughey, and others. Since then, she has made a substantial career as an investor.

  1. George Clooney

“If four years ago you questioned us if we had a multi-billion dollar company, I don’t expect we could say yes,” Clooney told NBC news.

It is not easy to catch up with all of the celeb-branded products at the moment. A few of the prominent creators are smiling dreamily at George Clooney.

‘Casamigos’ was started by the star as a tequila, deliberately designed for his buddies, but it went crazy. Recently, Diageo bought it for about $1 billion.  He is humble about all this, at the most.

 

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