Celebrities are often known for their successful careers, but what happens when they venture into the business world?
Are you tired of hearing about celebrity success stories? Let’s switch things up and look at some famous individuals who tried their hand at entrepreneurship and failed miserably. From failed restaurants to bankrupt clothing lines, these 14 celebrities learned that not all business ventures are successful.
Here are 15 celebrities who tried entrepreneurship and learned it the hard way.
Kanye West’s Failed Fashion Line
Kanye West is known for his music career, but he’s also dabbled in fashion. In 2011, he launched his clothing line called “DW Kanye West.” Unfortunately, the line was met with negative reviews and failed to sell, leading to its eventual closure.
Jessica Alba’s Troubled Startup
Actress Jessica Alba founded The Honest Company in 2011, which sold eco-friendly baby and household products. Despite initial success, the company faced lawsuits and controversies over false advertising and product safety, ultimately leading to a significant drop in valuation.
Justin Timberlake’s Disappointing Restaurant
In 2006, Justin Timberlake opened the New York City restaurant Southern Hospitality BBQ. Despite Timberlake’s involvement and popularity, the restaurant received mixed reviews and eventually closed after only a few years in operation.
Lindsay Lohan’s Nightclub Failure
In 2016, Lindsay Lohan opened her own nightclub in Athens, Greece, called “Lohan Nightclub.” The club faced numerous issues, including problems with management and legal troubles, ultimately leading to its closure after just a few months in business.
50 Cent’s Bankruptcy
Rapper 50 Cent ventured into several business ventures, including his record label and a partnership with Vitamin Water. However, in 2015, he filed for bankruptcy after several financial setbacks, including a failed headphone line and lawsuits.
Dan Aykroyd’s Crystal Head Vodka Struggles
Actor Dan Aykroyd co-founded Crystal Head Vodka in 2008, which featured a unique skull-shaped bottle. While the vodka gained some popularity, the company struggled financially and faced criticism over its high price point.
Paris Hilton’s Retail Woes
Paris Hilton attempted to launch her own retail chain, Paris Hilton Stores, in 2007. However, the stores faced low sales and ultimately closed after only a few years in operation.
Eva Longoria’s Restaurant Chain Closure
Actress Eva Longoria opened her restaurant chain, Beso, in 2008. Despite positive reviews and initial success, the chain faced financial struggles and closed in 2011.
Kim Kardashian’s Failed Shoe Line
Reality TV star Kim Kardashian attempted to launch her shoe line, ShoeDazzle, in 2009. Despite initial success, the company faced criticism over its business practices and ultimately struggled to remain profitable.
Nick Cannon’s Failed Record Label
In 2009, Nick Cannon founded his record label, N’Credible Entertainment. Despite signing several artists, the label faced financial difficulties and ultimately folded after only a few years in operation.
Shaquille O’Neal’s Failed Video Game
Basketball legend Shaquille O’Neal attempted to create his own video game, Shaq Fu, in 1994. However, the game was met with negative reviews and commercial failure, leading to its eventual discontinuation.
Martha Stewart’s Troubled Company
Martha Stewart founded her own media company, Martha Stewart Living Omnimedia, in 1997, which included a variety of lifestyle brands and media outlets. However, the company faced financial troubles and scandals, including Stewart’s imprisonment for insider trading, leading to its eventual sale in 2015.
Steven Spielberg’s Failed Social Media Platform
In 2017, Steven Spielberg launched his own social media platform, “Quibi,” which focused on short-form video content. Despite a star-studded launch and millions in funding, the venue struggled to gain users and ultimately shut down after only six months.
Mary-Kate and Ashley Olsen’s Troubled Fashion Line
Former child stars Mary-Kate and Ashley Olsen started their fashion line, The Row, in 2006. Despite initial success and critical acclaim, the line faced financial troubles and struggled to remain profitable, leading to layoffs and store closures.
Hollywood Highs to Lows: Actors Who Ruined Their Careers
It’s a cautionary tale of fame, fortune, and the harsh reality of life in the spotlight. Check out the once-adored stars who ruined their careers and became outcasts!
Hollywood Highs to Lows: Actors Who Ruined Their Careers
From Rags to Riches: Hollywood Stars Who Were Homeless
It’s hard to imagine some of these stars living a life of poverty when they’re now living in luxury. But it’s a testament to their resilience and determination to succeed. Let’s look at some Hollywood stars who were once homeless before becoming stars.
From Rags to Riches: Hollywood Stars Who Were Homeless
Worst Celebrity Apologies That Screams Fake
Celebrity apologies are a common occurrence in the entertainment industry. While some apologies come across as sincere and genuine, others seem to fall flat and come off as insincere. Let’s look at some of the worst celebrity apologies that left a sour taste in people’s mouths.
Worst Celebrity Apologies That Screams Fake
