Film actors make a lot of money, and whereas a few rampages spend on pointless costly things, there are a few wise ones who select to invest. This way somewhat guarantees that their prospects are secure, indeed in the event that they don’t do movies for a long time.
The first is the iconic, our very own Iron Man, Robert Downey Jr., steers all his attention towards investments when he is not busy saving the planet. He has a venture capital fund called Downey Ventures, which invests in digital media start-ups and incubates consumer entertainment technology companies. It’s a part of Team Downey, an entertainment company founded by RDJ and their wife Susan that produces film and television properties.
When one talks of tech investors in Hollywood, Two and a Half Men actor Ashton Kutcher’s name always springs up. He founded A-Grade Investments, a venture capital fund, in 2010, and through it, he has made investments in several technology start-up companies. Also a co-founder of Sound Ventures, Kutcher has made over 70 investments in high-profile start-ups, including Uber, Airbnb, Spotify, SoundCloud, and Shazam.
Justin Bieber isn’t only racking in the cash from his wildly successful music career, fragrance, and clothing brands. He’s also been a successful investor for years now, working with a business manager to make key investments in companies like Spotify, Liquid I.V., and Stamped. All of those timely decisions seemed to have paid off, as the 26-year-old is reportedly worth $285 million.
Next is, Musician and actor Jared Leto are heavily invested in tech companies, including recent ventures into Blockchain developer Alchemy. His portfolio is broad and shows an interest in an array of industries hoping to innovate through new tech breakthroughs from medicine to rockets. In 2020 he invested in Relativity Space, a series D aerospace company with the goal of building an autonomous rocket factory.
Snoop Dogg, who goes by his real name Calvin Broadus in the business world, is an active investor in, surprise surprise, the cannabis and cannabis-tech industries. He is a general partner in Casa Verde Capital. Amongst cannabis products and brands available in California, Snoop has invested in futuristic cannabis dispensary software Greenbits which uses data to simplify cannabis commerce and optimize retail performance.
Celebrities using their millions to invest in tech startups and create their own Venture Capital firms has become increasingly common.
