10 Celebrities Who Branched Into Business
BOSTON ( MainStreet) -- Not content with just being big stars, some celebrities feel the need to be big in business.
From baby products to booze, a growing number of celebrities are cashing in their cachet to become captains of industry.
It really shouldn't come as a surprise to see famous faces financing companies or brainstorming business opportunities. The mix of wealth, drive, a supportive entourage and plenty of downtime between projects and while on set provides a perfect petri dish for entrepreneurism.
Mark Wahlburg is opening Wahlburger restaurants. Will Ferrell started the comedy Web site Funny or Die . Portlandia mayor Kyle "Agent Cooper" MacLachlan owns a winery, as do the Smothers brothers and famed director Francis Ford Coppola.
We took a look at 10 celebrities who are taking a stab at being job creators.
If you subscribe to actress Jessica Alba on Facebook, you probably won't be getting much in the way of celebrity gossip on the possibility of Fantastic Four 3 . What you will get are plenty of updates in the new mother's new venture, The Honest Co.
The Little Fockers co-star is founder of the company, which sells healthy, environmentally conscious baby goods.
"When I became a mom, I finally became the person I am, that I always should have been," she says in a company bio. "It's the most satisfying job in the world. But, it can also be overwhelming and confusing. I created The Honest Co. to help moms and to give all children a better, safer start."
On the site, co-founder Christopher Gavigan adds that many parents are "completely unaware of the toxic risks posed by everyday basics, like diapers, home cleaners, body washes and laundry soaps" even though "there's growing consensus that some chemicals used in these products are linked to chronic diseases like asthma, ADHD and even cancer."
Among the baby-safe products offered by the company are diapers, shampoo, bubble bath, sunscreen, dish soap, hand sanitizer and household cleaners.
Many livelihoods were ruined by the 2010 Gulf of Mexico oil spill that resulted from an explosion at BP's(BP) Deepwater Horizon oil rig.
But one famous face benefited from the disaster. It was Kevin Costner, star of the infamous box office flop Waterworld, whose company played a role in cleaning up the aquatic devastation.
Costner was among the environmental experts and engineers called upon to testify before Congress at a June 2010 hearing convened by the U.S. House of Representatives' Science and Technology Committee.
At the hearing, he spoke about the $20 million he has invested over more than a decade in an oil-water separator developed by Louisiana-based Ocean Therapy Solutions.
The equipment offered by Costner's company, now called Blue Water Planet Solutions has roots in centrifuge technology dating back to the 1800s. The company sums it up: "By spinning two fluids of different densities within a rotating container designed and built using this patented technology, the lighter fluid is forced toward the center of the rotor." This allows dense, viscous oil to be removed from much lighter water.