Actors, athletes, and musicians can get paid a lot of money. And while it’s easy to buy a couple of extra yachts or a crystal-studded bathtub, the smartest ones know when to invest.
Often, they’ll invest in a business they already know. Brad Pitt founded Plan B productions, which produced the Oscar-winning “12 Years a Slave” and “Moonlight.” But they can also invest in unrelated companies and use their fame to get publicity and open doors in the business.
Sometimes, the investments are a massive failure, like Ja Rule’s Fyre Festival. Other times, they can be huge successes, like the projects on this list.
Here are 21 celebrities who’ve made tons of money outside of their usual line of work.
1. Ashton Kutcher was an early investor in Uber, Airbnb, and Spotify.
Aside from his romantic comedies and stint in “Two and a Half Men,” Ashton Kutcher has made millions of dollars from his venture capital fund, A-Grade Investments. Kutcher co-founded the firm in 2010. By 2013, it was valued at over $100 million.
2. Beyoncé is also a tech startup investor.
In addition to her activewear fashion brand, Ivypark, Beyoncé’s management company has at least $150,000 invested into Sidestep, an app that offers access to concerts and merchandise, according to Techcrunch. The app raised a total of $1.7 million and had more than $2 million in sales last year, ten times the year prior.