With a record-breaking tour, a blockbuster movie and a shrewd mind for business, the 33-year-old singer is now worth an estimated $1.1 billion.
The Magic Kingdom has had a roller-coaster year in the middle of a political firestorm but posted strong enough results to remain in the top 100 of the Global 2000.
The company has suffered financial issues since 2019.
Just 14 stars have ever entertained their way into the billionaire ranks, including 8 in the past three years.
The government-brokered deal aims to prevent turmoil at Credit Suisse—worsened by two massive U.S. bank failures last week—from spiralling into a larger banking crisis.
The actor will continue to serve as a spokesperson for the brand.
All of the failed bank’s depositors will be able to access their funds on Monday—even if their deposits aren’t covered by FDIC insurance.
Paltrow co-founded Kinship Ventures in 2021.
The program will launch in Australia and New Zealand this week, months after Twitter’s new owner Elon Musk rolled out a similar program.
A jury ruled the NFTs were not art, and therefore not protected speech.