Business & Tech
Top 10 Celebrity-Owned Businesses Rake In The Revenue: Study
Most of the companies that made the top ten are headquartered in California and earn hundreds of millions annually.
HOLLYWOOD, CA — Some of America's biggest stars have struck gold in California with second careers as entrepreneurs, founding brands that now rake in hundreds of millions each year.
Researchers at Arka recently crunched the numbers to determine the top ten celebrity-owned businesses, taking into account each company's annual revenue and search engine popularity.
Sitting comfortably atop of the list — with twice the estimated revenue as the next company — is Beats by Dre, the consumer audio company founded by Dr. Dre in 2006 and headquartered in Culver City. According to Arka's data, Beats by Dre pulls in an eye-popping $1.5 billion in annual revenue, with 3.8 million search engine hits.
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Los Angeles-based shapewear and clothing powerhouse Skims, founded by Kim Kardashian in 2019, comes in at number two on the list with $750 million in annual revenue and 4.2 million search engine hits.
Rounding out the top three is Rare Beauty, an El Segundo-based cosmetics company founded by Selena Comez in 2020. In just four years, the company's revenue has soared to $600 million, with more than 3.3 search engine hits, Akra found.
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Here are the top 10 most successful celebrity-owned businesses based on revenue:
- Beats by Dre (Dr. Dre)
- Annual revenue: $1.5 billion
- Skims (Kim Kardashian)
- Annual revenue: $750 million
- Rare Beauty (Selena Gomez)
- Annual revenue: $600 million
- Fenty Beauty (Rihanna)
- Annual revenue: $582 million
- The Honest Co. (Jessica Alba)
- Annual revenue: $344 million
- The Outset (Scarlett Johansson)
- Annual revenue: $153 million
- Haus Labs (Lady Gaga)
- Annual revenue: $141.7 million
- R.E.M. Beauty, God is a Woman (Ariana Grande)
- Annual revenue: $84 million
- Teremana, XFL, Zoa (Dwayne Johnson)
- Combined revenue: $83.3 million
- JLo Beauty (Jennifer Lopez)
- Annual revenue: $75 million
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