Celebrities often lend their fame to countless products and causes, but many are also entrepreneurs. Which are the most successful in the business world? Inc. magazine developed a list for its December issue. Sitting at the top is Magic Johnson, the former pro basketball star, who has built a commercial empire worth an estimated $700 million in the past 12 years by bringing retail developments into ignored urban areas. Sean Combs, the hip-hop star, has moved into fashion and restaurants for his wealth. Actor Paul Newman, of the ubiquitous food brand, was No. 3, followed by film director Francis Ford Coppola who has built a prosperous company on wine, food, art and travel. Former swimsuit model Kathy Ireland has built a $1 billion clothing and home furnishings company, and was ranked No. 5. Chicago talk show queen Oprah Winfrey, developer Merv Griffin, musician Moby, actress Suzanne Somers and model Christy Turlington Burns rounded out the top 10.
2007-03-13 22:46:47 GMT
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