Although folks in Hollywood are insanely rich, not most of them are billionaires. It takes more than just talent and hard work to join the billionaires’ club, as you may very well know.
Ask any of these individuals who have already earned a seat at the table and they’ll tell you that smart investments are at the heart of it all.
Everyone knows it, but it is, unfortunately, easier said than done. No wonder we idolize those for whom everything has worked out perfectly.
This year alone, two celebrities joined the highly coveted club and made headlines while at it. The first of the two was Kylie Jenner, who is currently the youngest billionaire alive, at the age of just 21.
You now see why achieving billionaire status for her created quite the buzz, right? At such a young age, Kylie is quite the business minded lady, with most of her wealth coming from Kylie Cosmetics, the $900 million beauty company she owns.
We had long expected Jay-Z to reach the billion-dollar mark sooner or later, and 2019 proved to be the rapper’s year.
He made history by becoming the first billionaire in the history of rap music, and if he’d already cemented his place in the industry, this eventuality more than toppled all his past achievements.
His music brings him millions, but the bulk of his wealth comes from a host of business ventures. In one of his songs, the man said that he isn’t just a businessman; he is the business. True or very true?
Moving on to Oprah Winfrey, the media personality’s story is one that has inspired millions across the world. She literally went from rags to riches, and at a net worth of $2.6 billion, she’s among the wealthiest women in the world today.
Early in her career, Oprah made a bold move by asking for a piece of equity in a morning show she hosted. The move paid off, and she transformed the morning show to her eponymously titled talk show.
She invested with profits from her show, and her current net worth attests to the fact that she made smart moves.
Filmmaking Does the Trick Too
Who doesn’t know of Steven Spielberg? The filmmaker has had a say in over a hundred movies, and they’ve cumulatively grossed over $25 billion.
With his movies making such an insane amount of money, it is only fair that the man is adequately compensated, no?
According to Forbes, the producer cum director has a $3.7 billion net worth, and it doesn’t all come from his movies. He co-owns DreamWorks Studios, and also works as a theme park consultant for Universal.
If you know of Spielberg, then George Lucas is no stranger to you. The man is the creator of some of the worlds the filmmaker has helped bring to life, including the Indiana Jones franchise.
Lucas also created Star Wars, and we all know how successful the franchise has been. Forbes reports that his net worth is currently at $6.3 billion, and for such a creative mind, no one is really surprised.