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Home / Lifestyle

The celebrities you didn't know had successful businesses on the side

Daily Telegraph UK
25 Jun, 2017 02:04 AM4 mins to read

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Oprah, George Clooney and Jay Z have businesses on the side. Photos / Getty Images

Oprah, George Clooney and Jay Z have businesses on the side. Photos / Getty Images

After it was revealed that George Clooney was selling off his tequila business for a cool $1bn, which other celebrities have cash cows providing them a handy second income?

George Clooney

Although his tequila business was supposedly the result of a happy accident, George Clooney is set to make a handsome return on Casamigos Tequila, which he started with friends Rande Gerber and Michael Meldman.

The deal with drinks giant Diageo is worth up to $1bn and other stars including Justin Timberlake and Carlos Santana have also invested in their own versions of the Mexican spirit.

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P Diddy

Mr Clooney's deal with Diageo isn't the first time the maker of Smirnoff and Baileys has looked to star power for its tequila sales.

It became one of the many businesses rapper P Diddy, who signed a joint-venture deal with Diageo to buy premium tequila DeLeón, has used to make his reported $820m fortune.

In addition to DeLeón, P Diddy has also had stakes in a clothing line, a soft drinks brand and a record label under his umbrella company Combs Enterprises.

Oprah Winfrey

At the height of her career she was the highest paid TV star in the United States. Not only did Oprah Winfrey host the show, but she also owned it as well.

In addition to her eponymous TV chat show, her company Harpo Productions has also made Oscar-winning feature films Selma and Precious and TV talk show Dr. Phil.

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She also has stakes in a magazine published in collaboration with media giant Hearst and a women's cable network called Oxygen Media.

View this post on Instagram

They're here! It's my FAVORITE THINGS 2013!!! See the full list here: www.oprah.com/favoritethings & in Dec issue of O Magazine #OFavoriteThings #FaLaLaLa

A post shared by Oprah (@oprah) on Nov 5, 2013 at 7:03am PST

Liam Gallagher

Musicians releasing a clothing range is a well-trodden path and Liam Gallagher's look is one of the most iconic of the 90s.

His brother Noel said that Liam's range, Pretty Green, had become a sticking point between the brothers just before Oasis' split with Noel refusing to allow the clothing line to be advertised in their concert programmes.

Liam also owns a production company, 1 Production, which said in 2010 it was making a film on The Beatles but it is yet to materialise.

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View this post on Instagram

Thanks to @oasisworld for the spot of LG in our Digi Moden Cape. #prettygreen

A post shared by Pretty Green (@prettygreenltd) on May 13, 2017 at 11:01am PDT

Bono

U2 lead singer Bono's stake in Elevation Partners, a private equity firm focused on new media and technology companies, could prove to be one of the most lucrative endeavours on this list.

The firm, which is named after the U2 song Elevation, reportedly has $1.9bn of assets under management and has stakes in Yelp, Facebook and Forbes as part of its portfolio.

View this post on Instagram

The official 'back stage at the Roxy' team shot - Edge #U2ieTour

A post shared by U2 (@u2) on May 29, 2015 at 3:36pm PDT

Ashton Kutcher

Two and a Half Men star and former Punk'd presenter Ashton Kutcher has also invested in private equity, having co-founded technology-focused A-Grade Investments.

The company has acquired stakes in 'sharing economy' heavyweights Uber and Airbnb and music pioneers Soundcloud and Spotify. Mr Kutcher has had less success elsewhere in the business world with Japanese restaurant business Geisha House going out of business in 2013.

View this post on Instagram

#CTIA

A post shared by Ashton Kutcher (@aplusk) on May 23, 2013 at 11:13am PDT

Jay Z

With stakes in record labels, clothing ranges, an app maker, a music streaming service and a wine and spirits company, Jay-Z undoubtedly has the most eclectic portfolio on this list.

Forbes has estimated his wealth at $810m with his new music streaming service Tidal making him the second-wealthiest hip-hop star in the world behind P Diddy and ahead of headphones-creator Dr Dre in third place.

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View this post on Instagram

Jay Electronica hosted by Angie Martinez at Preservation Hall last night.

A post shared by TIDAL (@tidal) on Feb 18, 2017 at 1:08pm PST

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