Today’s celebrity news discloses the richest celebs in the celeb market. The list of the celebs includes famous personalities who make impressive money that contribute to their net worth in billions. The news also mentions their journey to becoming a billionaire.
Fortunes of 18 Celebrity Billionaires
There are 2781 billionaires in the world with a combined net worth of about $14.2 trillion. This news is a compiled list of 18 billionaires. These celebs belong to the entertainment industry and built their fortune by entertaining the world. Let us explore who are they and how they made it to the benchmark:
Kim Kardashian
Kim Kardashian tops the list of the billionaire's celebs. She has an estimated net worth of $1.7 billion. In 2021, she made it to the World's Billionaires List as per Forbes. She has garnered most of her wealth through her business ventures KKW Beauty, a beauty brand (founded in 2017), and Skims, the shapewear brand (founded in 2019). KKW Beauty ceased working in 2021. Skims is now the most prominent source of increasing wealth.
Taylor Swift
Taylor Swift, the unbeatable singer has an estimated net worth of $1.6 billion. According to Forbes, she became the first musician to earn billions through her music and performances. Her impressive work in music and live performances contributes to her fascinating net worth. In 2023, she reached the billionaire status, largely because of her music catalog and The Eras Tour.
Rihanna
Rihanna is considered the youngest self-made billionaire. Her net worth is reportedly $1.4 billion. In 2017, she launched Fenty Beauty, a beauty brand. Her business move of launching a celebrity brand skyrocketed her overall net worth. Another large chunk of her wealth — in the neighborhood of $270 million — comes from her stake in Savage x Fenty, the lingerie brand she started in 2018.
Jay-Z
Jay-Z, a renowned hip-hop artist is reportedly worth $2.5 billion. Per Forbes, in 2019, he was the first hip-hop artist to hit the billionaire benchmark. It's no surprise that he is unstoppable. Jay Z has continued to grow his net worth through his liquor businesses, including Armand de Brignac Champagne and D'Usse cognac. His music ventures, such as Roc Nation and Tidal, and investments in companies like Uber cement his financial portfolio.
Michael Jordan
Michael Jordan, a pro athlete has an estimated net worth of $3.5 billion. He makes almost $2.4 billion through his endorsement deals with brands like Nike, McDonald's, and Hanes. ESPN reports that in 2023, he sold his majority stake in the Charlotte Hornets to Rick Schnall and Gabe Plotkin and their group for an estimated $3 billion. The investment deal made him the first pro athlete to make it to the list of the richest people in the US.
LeBron James
LeBron boosts his net worth to an estimated $1.2 billion. According to Forbes, he is the first NBA player to reach the billionaire status in 2022. Note that he makes most of his money from endorsement deals with brands like Nike and PepsiCo. However, a lot of it boils down to his decision to take equity in brands he partners with, such as Blaze Pizza, Lyft, and Tonal.
Bruce Springsteen
Bruce Springsteen, an American songwriter, singer, and guitarist makes an estimated net worth of $1.2 billion. He is recognized as the best-selling artist and an unbeatable live performer. According to Forbes, in 2021, he sold his catalog to his longtime label, Sony, for $500 million Two years later, he made a tour that grossed $380 million in revenue. With his tours, he is hopeful to make his net worth continue to grow.
Arnold Schwarzenegger
Arnold Schwarzenegger, a renowned actor and former Governor of California has hit the billionaire mark. He has an estimated net worth of $1.1 billion. According to Forbes, the profit from his movies made him earn an impressive $500 million. However, his investments add another stream of income to his net worth. His prominent investments include his minority stake in Dimensional Fund Advisors, Starbucks, and Google. He also owned a Boeing 747 that he leased to Singapore Airlines.
Tiger Woods
Tiger Woods, a legendary name in the golf world is reportedly worth $1.3 billion. As a celebrity person, his endorsement deals with brands like Nike, Rolex, Gatorade, and others brought him great fortune. Per Forbes, he earned billionaire status in 2022. Less than ten percent of his net worth comes from golf winnings. Throughout his career, he's earned an estimated $1.7 billion pre-tax and agent fees.
George Lucas
Star Wars and Indiana Jones creator George Lucas has successfully made it to the billionaires list in 2024 according to Forbes. He has an impressive net worth of $5 billion. His income streams spread to his movies and merchandising. He also earns money through Lucasfilm, the production company he founded in 1971. Per Forbes, in 2012, he sold Lucasfilm to Disney for $4.1 billion (in cash and stock).
Oprah Winfrey
Oprah Winfrey, recognized as host and television producer has an estimated net worth of $3 billion. Per Forbes, she has grossed over $2.5 billion in profits from The Oprah Winfrey Show and movies her company Harpo Productions co-produced. In 2017, she sold a 24.5 percent stake of her cable network, OWN, to Discovery for $70 million. In 2020, she sold them another 20.5 percent of it for about $36.5 million worth of Discovery stock.
Tyler Perry
Tyler Perry has a reported net worth of $1.4 billion. Tyler has cemented his position by making various career choices. He established himself as a filmmaker, producer, director, actor, songwriter, and screenwriter. He has continued to grow his net worth over the past three decades.
Steven Spielberg
Hollywood’s one of the richest filmmakers, Steven Spielberg has an estimated net worth of $5.3 billion. According to Forbes, he has garnered a total of more than $10 billion from his films. His DreamWorks Studios, which he co-founded in 1994 serve him as another source to make money. He also makes money from Universal theme park ticket sales (of which he receives a portion).
Magic Johnson
Magic Johnson is reported to have a fascinating net worth of $1.5 billion. According to Forbes, the former NBA player made it to the World's Billionaires List in 2023. His investments make up the majority of his net worth. His 60 percent stake in EquiTrust, an Iowa-based life insurance company, which he purchased in 2015 generates significant money for him. He also has stakes in three sports teams — the LA Dodgers (MLB), the LA Sparks (WNBA), and the LAFC (MLS). Additionally, his partnership with Loews to bring movie theaters and Starbucks to bring cafés to Black neighborhoods served him with a lucrative fortune.
Dick Wolf
Dick Wold, a well-known film producer, has an estimated networth of $1.2 billion. He is famous for creating the Law & Order franchise. He has earned most of his money from Wolf Entertainment and the many hit shows under it, most notably the Law & Order, FBI, and Chicago franchises. According to Forbes, his career earnings summed up to $1.9 billion before agent fees and taxes.
Peter Jackson
Peter Jackson has established his name as the maker of the The Lord of the Rings and The Hobbit. He has an estimated net worth of $1.7 billion. According to Forbes, his journey to becoming a billionaire took a turn when he sold some assets from Weta Digital (now Wētā FX), the visual effects company he cofounded in 1993, to Unity Software for $1.6 billion in 2021.
Jerry Seinfeld
Jerry Seinfeld's net worth is $1.1 billion. He owns 15 percent of all Seinfeld profits. He has grossed an estimated $400 million in the series since it premiered in 1989. As a comedian, his comedy tours serve as an additional source of earning millions.
Selena Gomez
Selena Gomez is not on the Forbes Real-Time Billionaires List. In 2024, Billionaires Index reported that she has an estimated net worth of $1.3 billion. She began earning money from her careers in acting and music. In 2020, she made an entrepreneurial move, and launched Rare Beauty, the makeup brand. Now, 81.4% of her fortune comes from Rare Beauty Brands Inc., Undoubtedly, she is one of the youngest American self-made billionaires.