When you are a celebrity, it gives you the wherewithal to do many things. You can get away with many things due to your special status and the recognition that you get. But still you cannot get away with everything, life for example designing clothes. You need to have a special talent to make a success out of this. Only being a successful celebrity will not endow instant success to you. In fact your work will be scrutinized intensely, which means you need to be really keen about things like the materials used, the attention to detail and also good designs. Add all this and the celebrity quotient and a name as a style icon then you could have something good on your hands.
Here is a list of 10 celebrities who have managed to make a good name for themselves in the world of fashion:
Nicole Richie, House of Harlow ($ 2 million) : She made her entry into the fashion world in the year 2007 with jewelry and now she has even moved on to ready made clothes. While the actual figures are not known we can be sure that she is worth a lot more than what is given here.
Rachel Zoe ($20 million): You may think that she has a definite edge in this area as she is a much sought after stylist in Hollywood and this is true. She has a clothing label which came out in 2011 and she is proof that you can be stylish and make that a success.
Justin Timberlake ($50 million): He is the co founder of William Rast along with a close pal Trace Ayala in 2006. This great fitting jeans company has managed to pull in the big cash in sales.
Gwen Stefani ($90 million): Her Debut line L.A.M.B may have been on the receiving end of some flak when it came out in 2003, her clothing line based on the South-American and Asian inspiration was reported to be a huge success.
Victoria Beckham ($95 million): This lady has progressed a lot from her stint as one of the Spice Girls, by being named Designer of the year for the year 2011 and now the bags sold under her label are going great guns. The reported sales from her apparel line was around $95 millions.
Sean John ‘P.Diddy’ Combs ($250 million): This clothing line that was started in 1998, has seen a great demand and the sales are supposed to have touched $250 millions in the year 2004.
Jay-Z: $700 million: Since it was started in 1999, this collection named Rocawear has transformed into one of the leading urban based lifestyle brands. It has apparel, bags, jewelry, belts, footwear and even belts. That is not all there are too many things to be listed here. The sales are supposed to average in the range of $700 millions.
Jessica Simpson ( $750 million): She has gotten the nickname “Fashion’s Billion Dollar Baby”. This is due to her exceptionally successful line. The sales have touched $750 millions of her line which has apparel, footwear and bags.
Kimora Lee Simmons ($800 million): She has three lines, namely Kouture by Kimora, KLS and Fabulosity which bring in a humongous $800 millions annually in sales. She is supposed to have moved away from Baby Phat, a enterprise that she started with Russell Simmons, who is now her ex husband.
Ashley and Mary-Kate Olsen ($1 billion): These fabulous twins are celebrities who can smile all the way to the bank. They have 3 lines all doing successfully – Olsenboye a line for kids fashion, Elizabeth and James – aimed at the middle level market and The Row – this is high end line that features a backpack priced at $18000. This amazing fashion empire is valued at $ 1 billion.