Six famous actors and their Hollywood side hustles

Some Hollywood stars have tried their hand at business with some being more successful than others. Picture: Paul Deetman/Pexels

Some Hollywood stars have tried their hand at business with some being more successful than others. Picture: Paul Deetman/Pexels

Published Aug 24, 2022

Share

Budding entrepreneurs come from all walks of life and include famous actors, with many movie stars moving beyond their ‘day jobs’ and investing in their own side hustles.

Most of these A-listers look to leverage their popularity and celebrity status to make big moves in the world of business, with varying degrees of success.

Just like anybody else, some brands and businesses thrive, whilst others sadly fall short, but as the age-old saying goes: ‘if you don’t try, you’ll never know’.

With that in mind, here is a list of celebrity ventures in every industry, from fashion and entertainment to alcohol and food.

Reese Witherspoon: Hello Sunshine

The award-winning actress, best known for her role in the ‘Legally Blonde’ franchise, with the media company Hello Sunshine producing the third film.

The purpose of the venture was to develop and produce films and TV series’ that amplify female voices and tell powerful stories, all while being written by female authors. The successful company has produced films like ‘Wild’, which grossed $52.5 million against its $15 million budget, and the TV series ‘Big Little Lies’.

Ryan Reynolds: Aviation Gin

Ryan Reynolds began his business venture as co-founder of Aviation Gin. The side hustle sprung into action after Reynolds tasted the gin for the first time and fell in love with it, causing him to immediately invest in the company.

The ‘Deadpool’ actor made a wise investment, as he later sold the company for an eye-watering $610 million in 2020.

Kate Hudson: Fabletics

Famous for her successful career as an actress in films such as ‘Almost Famous’ and ‘How To Lose A Guy In 10 Days’, the movie star has had further success with her side hustle, Fabletics.

The company was co-founded by Hudson and sells affordable and stylish exercise wear for women, making over $500 million in revenue.

Mark Wahlberg: Wahlburgers

‘Four Brothers’ actor Mark Wahlberg turned his hand to the food industry and opened up the casual dining restaurant Wahlburgers in Hingham, Massachusetts. The venture was started with his two brothers, a fellow actor and, luckily, a chef.

The restaurant soon became a popular chain and landed itself a TV show airing on channel A&E.

However, despite still having great success in America with its eateries, the show ended in 2019 after 10 seasons, meaning the company’s plans to expand to Europe with a restaurant in Covent Garden, London, were short-lived.

Lindsay Lohan: Lohan Beach Club

Surely there is nobody in this world more qualified to open up a club than actress and party girl Lindsay Lohan?

However, despite being notorious for her alcohol-induced antics, the party fizzled out quickly at Lohan Beach House in Mykonos, Greece, closing a short 13 months after opening in 2018.

The closure was shortly followed by her MTV show about the club also being cancelled after one season. We suppose some people should really stick to their day jobs.

Natalie Portman: Natalie Portman Collection

The ‘Black Swan’ actress launched a vegan footwear range with Te Casan Footwear back in 2008, but sadly, the line flopped.

Whether it was the high price tag of $185 or the product launching at the wrong time before the ever-growing popularity of veganism, the collection, alongside the company, soon folded afterwards.

* Content supplied by Business Name Generator

IOL Business