Just like in the entertainment industry, celebrities are also evolving their act and venturing into various business enterprises, putting the wealth they have acquired from the industry into different business ventures. Three celebrities who own their own business enterprises that this article will look at include Aston Kutcher, Ervin "Magic" Johnson, and Bono.
1. Ashton Kutcher
From a celebrity mischief maker in "Punkd" to being a loved personality on the "The '70s Show" to owning his own investment company known as "A-Grade Investments", Ashton Kutcher has invested a significant amount of money in several business enterprises including Spotify, Soundcloud, Shazam, Airbnb, and Uber.
Ashton Kutcher is one of the most shrewd celebrities who own their own business enterprises. He co-owns a venture-capital company that invests in information technology and scientific based start-up firm known as "Problem Solvers" which he formed with Guy Oseary in 2010.
It was reported by Elite Celebs Mag that the company invests into technology based start-up companies with a minimum of between $50,000 and $200,000. TechTimes revealed that Ashton Kutcher's company had made as much as $100 million in investments.
2. Earvin "Magic" Johnson
One of the most gifted basketball players ever and equally one of the most successful celebrities who own their own business enterprises is Earvin "Magic" Johnson. This NBA legend formed his company way back in 1987 and its aim was to build and forge stronger communal ties in urban communities.
His company coined out of his name has struck multi-million dollar deals with major multinational companies, such as; Sony Retail Entertainment, Pepsi-Cola, 24 Hour Fitness, Burger King, T.G.I. Friday's, Best Buy, Founders National Bank and a lot more companies.
Earvin "Magic" Johnson sold his shares in the Los Angeles Lakers, as well as his 125 Starbucks stores and raked in an amazing $100 million in 2010. By 2012, he made a $2 billion purchase of the LA Dodgers, which he co-owns. Earvin "Magic" Johnson is believed to have a net worth of over $1 billion.
3. Bono
Bono is renowned for his days as a lead singer and instrumentalists for the rock band U2. He is also known as an activist and equally renowned for his favorite dark sunglasses. However, not too many people know that Bono co-founded the private-equity company known as "Elevation Partners"; this company invests in new media and technology. There was a rumor that Steve Carell has also invested in his company. We are not sure though whether info is true or not.
His firm is actually named after his U2 song titled 'Elevation'. Elevation Partners has a $1.76 billion investment portfolio with a 12 percent internal net rate of return according to Bloomberg. It has top companies in its impressive portfolio; some of which are household names and include Facebook, Yelp, Palm Inc. and Forbes.
It is believed that Elevation Partners made a whopping $1.4 billion return on investment from their equity investment in Facebook making Bono one of the most established celebrities who own their own business enterprises.
1. Ashton Kutcher
From a celebrity mischief maker in "Punkd" to being a loved personality on the "The '70s Show" to owning his own investment company known as "A-Grade Investments", Ashton Kutcher has invested a significant amount of money in several business enterprises including Spotify, Soundcloud, Shazam, Airbnb, and Uber.
Ashton Kutcher is one of the most shrewd celebrities who own their own business enterprises. He co-owns a venture-capital company that invests in information technology and scientific based start-up firm known as "Problem Solvers" which he formed with Guy Oseary in 2010.
It was reported by Elite Celebs Mag that the company invests into technology based start-up companies with a minimum of between $50,000 and $200,000. TechTimes revealed that Ashton Kutcher's company had made as much as $100 million in investments.
2. Earvin "Magic" Johnson
One of the most gifted basketball players ever and equally one of the most successful celebrities who own their own business enterprises is Earvin "Magic" Johnson. This NBA legend formed his company way back in 1987 and its aim was to build and forge stronger communal ties in urban communities.
His company coined out of his name has struck multi-million dollar deals with major multinational companies, such as; Sony Retail Entertainment, Pepsi-Cola, 24 Hour Fitness, Burger King, T.G.I. Friday's, Best Buy, Founders National Bank and a lot more companies.
Earvin "Magic" Johnson sold his shares in the Los Angeles Lakers, as well as his 125 Starbucks stores and raked in an amazing $100 million in 2010. By 2012, he made a $2 billion purchase of the LA Dodgers, which he co-owns. Earvin "Magic" Johnson is believed to have a net worth of over $1 billion.
3. Bono
Bono is renowned for his days as a lead singer and instrumentalists for the rock band U2. He is also known as an activist and equally renowned for his favorite dark sunglasses. However, not too many people know that Bono co-founded the private-equity company known as "Elevation Partners"; this company invests in new media and technology. There was a rumor that Steve Carell has also invested in his company. We are not sure though whether info is true or not.
His firm is actually named after his U2 song titled 'Elevation'. Elevation Partners has a $1.76 billion investment portfolio with a 12 percent internal net rate of return according to Bloomberg. It has top companies in its impressive portfolio; some of which are household names and include Facebook, Yelp, Palm Inc. and Forbes.
It is believed that Elevation Partners made a whopping $1.4 billion return on investment from their equity investment in Facebook making Bono one of the most established celebrities who own their own business enterprises.
