When people think about entrepreneurs, names like Warren Buffett often come to mind. However, some of the best and top-earning business moguls in Hollywood are women. Here are five female entrepreneurs who have made millions of dollars by starting their own companies or investing in others’.
The renowned actress, known for her roles in films like Sin City, is the founder of the Honest Company, which started selling all-natural baby products in 2012 after Alba became a mother herself. Since its creation, the company’s 120 different products have grossed over $1 billion worldwide.
Founder of the self-titled clothing line, The Jessica Simpson Collection, the former actress and singer has become a major entrepreneur in the world of fashion. With products like her shoe lineup being among the more popular sellers, Simpson’s corporation has earned over $1 billion since its creation in 2006.
The star of the hit show Friends isn’t just known for her acting ability. She became co-owner of the hairstyle product company, Living Proof, in 2012. After bringing fresh design and marketing techniques to the business, not to mention a famous face, Aniston helped Living Proof make a $30 million over the following year and has been a prominent investor ever since.
When it comes to female entrepreneurs, it’s important not to discount the world of music. Gwen Stefani, who started off as the lead singer for No Doubt and eventually went on to a successful solo career, also created her own record label, L.A.M.B. (Love Angel Music Baby) in 2004. In just two years, the label experienced a 300% sales boom, the profits of which Stefani later used to start her own clothing line.
Long before Modern Family, the Colombian-American actress actually became known as the co-founder of Latin World Entertainment. First established in 1994, the company has since earned a reputation as one of the most renowned Latin talent agencies on the planet. According to Forbes magazine, Vergara’s business strategies help the company earn approximately $27 million each year.
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