All articles tagged with #celebrity entrepreneur
Actress Reese Witherspoon has sold her fashion brand, Draper James, to a private equity firm. The brand, known for its Southern-inspired clothing and accessories, was founded by Witherspoon in 2015. Witherspoon will remain involved with the brand and continue to serve as its global ambassador.
Selena Gomez is on track to become a billionaire thanks to her booming beauty empire, Rare Beauty. As the founder and 100% owner of the company, Rare Beauty is projected to generate at least $300 million in revenue in 2023. With a mission to produce accessible and beloved products at moderate prices, Rare Beauty also donates 1% of its revenue to the Rare Impact Fund, aiming to raise and donate $100 million over its first 10 years. With her growing business empire, including partnerships, producing shows, and a mental health startup, Selena Gomez's estimated net worth is currently at $800 million.