6 Actors Who Are Also Successful Entrepreneurs
Becoming a successful Hollywood actor is no easy feat. It requires hard work, skills, and often a little bit of luck. But for some stars, TV and movie success isn’t enough. There are a select few who have also been able to prosper in the entrepreneurial world, creating brands, restaurants, and companies that have made money and flourished. Here are six actors who have conquered Hollywood and launched successful businesses.
1. Kate Walsh
The well-known actress has been in many movies such as Under the Tuscan Sun and The Perks of Being a Wallflower, as well as hit TV shows that include Private Practice and Grey’s Anatomy. With a solid lineup of hits under her belt, Walsh decided to take a stab at getting her own business up and running. According to Inc., she launched her own beauty product company, Boyfriend LLC, in 2010.
Walsh’s company puts out fragrances, body oils, and creams, which are all designed to have the distinct scent of an old boyfriend. Boyfriend LLC debuted on the Home Shopping Network in November 2010, per Inc. Walsh’s products can still be purchased at HSN and can also be found at Sephora, according to the company’s website. Walsh has an estimated net worth of $14 million, writes The Richest.
2. Robert De Niro
The two-time Academy Award winner is the co-founder of the sushi restaurant Nobu, which now has thirty locations worldwide, according to Nobu’s website. In addition, he is also co-owner of the Italian eatery Ago. De Niro has definitely made his mark in both the film and restaurant industries. In a 2009 interview with New York, De Niro said he’d lost track of how many places he’s invested in.
“I don’t know … 23, 24, 25. Almost twenty Nobu’s around the world; Ago in L.A., Florida, Las Vegas; Tribeca Grill; and now this, Locanda Verde. We spent a lot of time figuring out that name. With Italian restaurants, it’s hard because there’s so many. Somebody’s gonna come out of the woodwork and say you stole it,” he said. As you can see, he’s continued to grow and expand his restaurants’ locations in the past few years. Celebrity Net Worth puts De Niro’s estimated net worth at $200 million.
3. Chris Noth
You may know him as Mr. Big on Sex and the City, but in the business world, he’s recognized as a successful nightclub and restaurant owner. Inc. writes that Noth and his business owner, Steve Walter, launched The Cutting Room in 1999. It serves as a nightclub, restaurant, and music venue and has become a Lower Manhattan hangout for many celebs. It was shut down for a bit, but eventually Noth was able to reopen it.
According to Inc., he was also the co-owner of The Plumm, a nightclub that stayed open for about three years, and Noth and his wife, Tara Lynn Wilson, opened a tea party-themed restaurant together, called Once Upon a Tea Cup. Celebrity Net Worth puts Noth’s estimated net worth at $15.5 million.
4. Jennifer Aniston
Aniston, who is everybody’s favorite Friends character and a mega-movie star, is also taking a stab at becoming a successful businesswoman. So far, she’s doing a great job. Her business dealings started in 2002, when she, along with her then-husband Brad Pitt and the current CEO of Paramount Pictures, Brad Grey, started up a production company, Plan B, according to the Hollywood Reporter.
The star has also launched two fragrances, with her most recent being J by Jennifer Aniston, according to People. Aniston is also co-owner of Living Proof, a hair care company. According to the company’s website, her role with the company involves hair care brand development and creative marketing direction for its hair care products. Aniston’s net worth totals $150 million, writes OK.
5. Paul Newman
Even though Newman passed away in 2008, he is a memorable actor who also deserves to be recognized for his amazing entrepreneurship. According to Business Insider, Newman launched his line of food products, Newman’s Own, in 1982. What first started out as just selling salad dressing quickly expanded into selling many items, including popcorn, pasta sauce, lemonade, and salsa.
Newman’s first year of business had profits that exceeded $300,000. In 2008 and 2011, respectively, Newman’s Own also introduced frozen pizza and skillet meals, writes Newman’s Own Foundation. There are now over 100 product varieties sold throughout the U.S. and abroad. Newman’s profits go to a great cause, too. According to Newman’s Own Foundation, the company donates 100 percent of its profits and royalties to charities. In 2012, the organization had given $380 million in contributions to nonprofits worldwide.
6. Jessica Alba
This Hollywood star seems to be in one Blockbuster hit after another, with her most recent film being Sin City: A Dame to Kill For. While she has found plenty of success in Hollywood, Alba also decided to try her hand at running a business. She started the Honest Co., which makes environmentally friendly baby products, two years ago.
According to MarketWatch, it is estimated that in 2014 the company will bring in at least three times last year’s sales, or more than $150 million. “We dream big at The Honest Company and continuously strive to make the world healthier and more sustainable—today and in the future,” Alba said to E.
Honest Co., which is valued at roughly $1 billion, is gearing up for an IPO and is looking to grow beyond the U.S. and Canada, and into China, England, and Australia, MarketWatch writes. It’s a pretty impressive accomplishment for anyone, but especially someone who is balancing her time between movie sets and a business office.