Forbes counts fewer than 30 billionaires and centimillionaires in the U.S and Europe who have made a large chunk of their fortune in the super competitive world of beauty products.
Gomez’ mom, Mandy Teefey, told employees recently that she took out a loan against her home to keep Wondermind, the mental health company she cofounded with her popstar daughter, afloat after twice missing payroll in recent weeks.
Andrew Dudum cofounded online pharmacy Hims & Hers eight years ago, when he was 27 years old. He’s now the latest to make a fortune off the popularity of weight loss injections.
Founded in 2007, Alo Yoga has become a hit with such celebrities as Taylor Swift and Bella Hadid. It’s also made a fortune for two childhood best friends from Los Angeles
Five years ago, billionaire Chip Wilson bet big on Amer Sports, the parent company of such brands as Arc’teryx, Salomon and Wilson. His stake has since ballooned in value–and is on the verge of eclipsing the worth of his Lululemon shares.
OnlyFans was a little-known U.K.-based company before porn entrepreneur Leonid Radvinsky bought it in 2018. Now he’s a new member of The Forbes 400.
When being a billionaire just isn’t enough.
The movie star has played many roles in his 76 years: bodybuilder. Box office star. Bureaucrat. And now billionaire.
Dude Wipes’ potty mouthed founders have already grabbed 1% of the $11 billion U.S. toilet paper market. Now the Mark Cuban-backed startup is aiming to swipe up to 10%.
From a 19-year-old college student to Asia’s richest person, it pays wells to be born rich.