How Hollywood actors started extremely successful businesses while being actors

[PEB]

I was wondering about this because Ryan Reynolds has been pretty successful running businesses while being an actor in Hollywood. He has donated millions to charities and launched a number of successful businesses while being active in Hollywood. From Mint Mobile, Wexham Futbol club and stadium, Maximum Effort Ad agency and Aviation Gin.



But other actors have a number of very successful businesses from from cleaning supplies, Restaurants, ocean water cleanup, technology investments and others.

Surprising Kevin Costner's love the ocean allowed him with a 24 million dollar investment in the 90's to turn it into 100's of millions today.

Here’s a brilliant one to start off with – it seems that Kevin Costner’s love of the ocean didn’t stop with Waterworld; he owns a company called Ocean Therapy Solutions, who specialise in separating oil and water.

The former Robin Hood picked up the company from the US government back in 1995, for the cool sum of $24 million. Since, he has developed the technology and successfully came to planet Earth’s aid back in 2010.

This was part of the solution to the Deepwater Horizon oil spill disaster, which saw a huge oil slick endanger the Gulf of Mexico region. It was Costner’s company’s biggest success story, seeing BP utilise no less than 32 of his oil-water separation thingies.
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Jessica Alba's business for a short time she was able to join the billionaires club before competition started to impact her businesses.

Another of the more righteous entries on this list is Jessica Alba’s status as one of the founders of The Honest Company Incorporated, who focus on producing eco friendly products for babies.

The one-time Invisible Woman of The Fantastic Four co-started the company back in 2012 alongside Christopher Gavigan, former CEO of Healthy Children Healthy World.

So far they’ve released toxin-free household products, nappies and body care products. While not as immediately headline worthy as de-oiling the Gulf of Mexico, this is nonetheless a welcome and worthwhile project for Hollywood to inadvertently fund.
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Sandra Bullock ambitions is less then others still she been successful with her businesses.

Some Hollywood stars like to spread their seeds a bit wider, investing in various projects of different sizes after making their millions on the silver screen.

Sandra Bullock is one of these, running her own production company Fortis Films as well as founding a Texas based restaurant called Bess Bistro and a bakery/restaurant/flower shop/event planners called Walton’s Fancy and Staple.

The Speed, Crash, and Gravity actress has found success in all these areas, with each of her ventures having now existed for over five years. Fortis Films failed to get Bullock’s version of Million Dollar Baby off the ground before Clint Eastwood took over, but did successfully launch the American sitcom George Lopez. Her Bradley Cooper co-starring comedy film All About Steve fared less well, earning scathing reviews and a brace of Golden Raspberry awards.

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Mark Wahlberg restaurants and water filtration business

You don’t get to call yourself Marky Mark and earn the respect of your own Funky Bunch without some street smarts. It should come as no surprise, then, that Mark Wahlberg has his fingers in lots of business-y pies.

First up is Wahlburgers, the cunningly named beef-and-buns based establishment co-owned by Mark Wahlberg and his two brothers Donnie and Paul. It was founded in 2011, and has it’s own TV show Wahlburgers, if you’re that keen on the Wahlberg family.

Also, Mr M Wahlberg is one of the founding financiers of AQUAHydrate water, along with P-Diddy. It, um, has a higher pH level than normal water, we’re told.
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Bob De Niro could be considered more of a business magnet vs a actor as his portfolio of Restaurants and Hotel are impressive. he really doesn't need Hollywood actors money anymore because he is more then successful in Business.

Did you know that screen legend Robert De Niro is a bit of culinary connoisseur on the side? Well, guess what, he is. As well as co-founding Tribeca Productions in 1989 and the Tribeca Film Festival in 2002, he has branched out into financing restaurants and hotels.

He tasted the potential in chef Nobu Matshuisa’s meals in California, later inviting him to open a restaurant in Tribeca. The chef later opened franchises all over the world. De Niro also got him a cameo role in Casino.

Mr De Niro certainly likes the Tribeca area of New York – he also co-owns the Tribeca Grill restaurant and The Greenwich hotel (also located in Tribeca).


https://www.denofgeek.com/culture/25-surprising-side-businesses-from-hollywood-stars/

 

[Tone C]

What about Paul Newman ?

 

[PEB]

What about Paul Newman ?

I was about to get to him been working on the list.

 

[PEB]

Paul Newman been working on the list but since people have been interested I will provide information.

"
The brand started in 1982 with a homemade salad dressing that Paul Newman and A. E. Hotchner prepared themselves and gave to friends as gifts.[2] The successful reception of the salad dressing led Newman and Hotchner to commercialize it for sale, financing it with $20,000 each as seed money.[3][4] Afterward, they also produced pasta sauce, frozen pizza, lemonade, fruit cocktail juices, popcorn, salsa, grape juice, and other products. Newman's Own Lemonade was introduced in 2004 and Newman's Own premium wines in 2008.[5] Each label features a picture of Newman, dressed in a different costume to represent the product. The company incorporated humor into its label packaging, as in the label for its first salad dressing in 1982, "Fine Foods Since February".[4] Many of the stories on the food labels were made up.[6]


Newman-O's cookies made by Newman's Own
In 1993, Newman's daughter Nell Newman founded Newman's Own Organics as a division of the company, later to become a separate company in late 2001.[7] It produces organic foods, including chocolate, cookies, pretzels and pet food. Her father posed with her for the photographs on the labels.[8] In 2014, Nell's license with Newman's Own was not renewed, and Newman's Own Organics was transferred back to Newman's Own.[9]

Newman and Hotchner co-wrote a memoir about their company and the Hole in the Wall Gang Camps, Shameless Exploitation in Pursuit of the Common Good (ISBN 0-385-50802-6), published in 2003. Newman and CEO Robert Forrester arranged for the continuation of the distribution of Newman's Own profits to charity after Newman's death through the establishment of the Newman's Own Foundation.[10]

Following Newman's death in 2008, control of the company and foundation passed to CEO Robert Forrester. Since taking over, Forrester expanded and diversified the company.[11] Newman's daughter, Susan, has alleged that Forrester had taken her family "hostage" and pushed them off the board of the Newman's Own Foundation, the body set up to distribute company profits to charitable causes. Forrester said that the company and foundation are continuing to be operated in accordance with the late Paul Newman's expressed wishes.[12] Forrester's salary increased from $185,000 to $295,000 from 2010 to 2013. Forrester was fired in 2019 as a result of an internal review following allegations of inappropriate behavior, and the board appointed Jennifer Smith Turner as interim president and CEO.[13][14] In January 2020, Dr. Miriam Nelson took over those roles, and the board finalized the positions in January 2021.[15]"

"
According to the Newman's Own Foundation website, over $550 million has been generated for charity since 1982.[16] In 2016 the company donated profits of $30 million after gross sales of $600 million.[17] The company co-sponsored the PEN/Newman's Own First Amendment Award, which was presented annually to a United States resident who had fought courageously, despite adversity, to safeguard the First Amendment right to freedom of expression as it applied to the written word.

A sampling of grantees is available at the Newman's Own Foundation website[18] along with a description of funding areas.[19] One beneficiary of this charity is the SeriousFun Children's Network (previously the Association of Hole in the Wall Camps), residential summer camps for seriously ill children, which Newman co-founded in 1988. Today, there are camps, programs, and initiatives operating in 50 countries across 5 continents. Over 384,700 children have attended a SeriousFun program free of charge.[20] While proceeds from Newman's Own financed the startup of the camp, it now receives funding from many other sources. Additionally, the Newman's Own Foundation also provided a grant to The MINDS Foundation to fund US operations of the non-profit that works in rural India.[21] Other beneficiaries of the profits from Newman's Own have included The New York Times Neediest Cases Fund (from 1983 onwards),[22] Shining Hope for Communities,[23] Safe Water Network,[10] Edible Schoolyard NYC,[24] Fisher House Foundation,[25] the WILD Young Women Programme (New Zealand),[26] and Pilgrims Hospices (UK).[27]"

 

[Tone C]

I was about to get to him been working on the list.

Don't you dare forget Gwnyth Palthrow and her candles.

 

[PEB]

Don't you dare forget Gwnyth Palthrow and her candles.

LOL was avoiding her mess of a business ha ha.

Kate Hudson made million in the world of fitness go figure.

"
However, it’s arguably the other thing that people like Kate Hudson for which has seen her side business flourish financially. Fabletics, co-founded by Hudson, is a retailer of women’s exercise wear. On their site, you can even choose which bits of your body you love ‘showing off’ in a handy survey.

While we may sound cynical in our description here, you can’t fault someone for making a living. Additionally, JustFab, the parent brand of Fabletics, reaches an approximate 35 million customers worldwide via its subscription services, so who are we to scoff?"

 

[Tone C]

LOL was avoiding her mess of a business ha ha.

We want pictures...

 

[PEB]

 

[Starck]

Too much shit to read but, making money typically gets easier if you have money to begin with.

 

[Sirwastealot]

Ashton kutcher is apparently big into the tech world and he seems to know his way around it. Not as dumb as he appears on screen.

"His fund portfolio includes Airbnb, Uber, Flexport, Brex, Robinhood, Bird, Airtable and Affirm among others. Kutcher is also the co-founder of Thorn: Digital Defenders of Children. Thorn drives technology innovation to fight the sexual exploitation of children."

 

[PEB]

Ashton kutcher is apparently big into the tech world and he seems to know his way around it. Not as dumb as he appears on screen.

"His fund portfolio includes Airbnb, Uber, Flexport, Brex, Robinhood, Bird, Airtable and Affirm among others. Kutcher is also the co-founder of Thorn: Digital Defenders of Children. Thorn drives technology innovation to fight the sexual exploitation of children."

His wife donated 30 million to Ukrainian aid not small money and continues to have a very successful portfolio of businesses.

 

[PEB]

Before people get ahead of things I just thought of these people I know people like the Kardashians with cosmetics and clothing and others.

 

[PEB]

Too much shit to read but, making money typically gets easier if you have money to begin with.

True but it's a lot harder to make successful then just throwing money at it.

 

[Vergilius]

Arnold Schwarzenegger is another classic case, if I recall correctly. He was a millionaire well before becoming an actor due to having a bricklaying company, a mailorder company, a fitness chain and a big portfolio of real-estate investment.

"Money doesn't make you happy. I now have $50 million, but I was just as happy when I had $48 million." - Arnie

 

[Starck]

True but it's a lot harder to make successful then just throwing money at it.

Yea, I hear you. Perhaps there are others who didn't make out nearly so well? Just for comparison's sake，I'm pretty sure that many professional sports players have "thrown money around" and got jack shit in return. Don't know about actors other than Nic Cage getting screwed.

 

[Bacco]

Have money and be able/lucky to find the right competent people to trust on

 

[Tone C]

Arnold Schwarzenegger is another classic case, if I recall correctly. He was a millionaire well before becoming an actor due to having a bricklaying company, a mailorder company, a fitness chain and a big portfolio of real-estate investment.

"Money doesn't make you happy. I now have $50 million, but I was just as happy when I had $48 million." - Arnie

Planet Hollywood with Bruce and Sly.

 

[BreatheSherBro]

Some like Arnold are just extremely driven and focused, especially in their prime. He could be a successful businessman without acting.

Others have a good amount of money that they are able to invest and get things started with, and are good at networking and picking the right people to create businesses with. They let others run most of the day to day aspects about their business.

 

[therealdope]

De Niro is in deep shit. A lot of his investments were leveraged and tanked during COVID. THen you throw in that grade A c&nt he has a kid with, that spends $250k/month on shopping, and he is not even close to being in good financial shape. His '$500m fortune' has a lot of debt attached to it.

 

[therealdope]

Kathy Ireland is a self-made success and worth more than $300m.

And she's smoking hot for 59.