6 Celebrity Women Running Business Empires
These six celebrity powerhouses are running their own successful businesses.
These six celebrity powerhouses are running their own successful businesses.
Kim Kardashian West
Kardashian West has built her own empire and become a billionaire in the process, partly thanks to her cosmetics and fragrance company KKW Beauty and loungewear company Skims. Launched in 2019, Skims was valued at $1.6 billion in April after it raised $154 million in a combination of Series A and Series A-1 funding from investors. In June, Skims—in which she owns a majority stake— as tapped to design the official undergarments for the female members of Team USA at the 2021 Olympics in Tokyo.
Selena Gomez
Gomez launched her own brand, Rare Beauty, in September 2020. On the pop star's 28th birthday, the brand launched a Rare Impact Fund to raise $100 million over the next 10 years to provide mental health services to underserved communities. Gomez is also an owner and investor in the New York City-based ice cream brand, Serendipity.
Jessica Alba
Alba took her company The Honest Company public in May 2021, with its shares surging 44% in its trading debut on the Nasdaq. The company's revenue increased by 12% to $81 million in Q1 2021 compared to the same period in 2020, thanks to its skin and personal care products and sanitization and disinfecting products, according to its latest financial results.
Jennifer Lopez
Lopez has worn multiple hats throughout her career, including actor, film producer, author, and philanthropist. She is one of America's wealthiest self-made women with a net worth of $150 million as of October 13, 2020, according to Forbes. Earlier this year, the multi-faceted star introduced JLo Beauty, a luxurious skincare collection developed by Ascendant Beauty LLC.
Victoria Beckham
The former Spice Girls member launched her eponymous fashion label in 2008, turning the small capsule collection into a global brand. Developed at her London studio, the brand expanded into readyto-wear lines, footwear, and accessories. It is carried in more than 450 stores across 50 countries. Beckham announced the release of her in-house, eco-friendly beauty brand, Victoria Beckham Beauty just ahead of her London Fashion Week show in 2019.
Sarah Jessica Parker
Parker's entrepreneurial endeavours include beauty line SJP Beauty, production company Pretty Matches Productions, and shoe line SJP Collection. Since the latter's launch in 2014 with cofounder George Malkemus III, the footwear brand has opened boutiques in various locations such as New York, Dubai, Abu Dhabi, Qatar, and Kuwait.