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Investing in a business to ensure you take a stable income seems like a wise decision — until it isn't. Fifty-fifty celebrities who already take a ton of cash can't be careless about choosing investments if they want to stay rich. From restaurants to article of clothing lines, the opportunities are plentiful, but it takes conscientious planning to avoid embarrassing business organization disasters.

Depending on your age, yous probably call back these unforgettable celebrity business flops. Recall y'all tin can guess who lost the most? Let's accept a wait!

Britney Spears – Nyla Restaurant

When Britney Spears opened Nyla Eating place in 2002, the buzz was real. She was in her prime years, and it seemed logical she would invest in a different type of concern. Nyla was located in the Dylan Hotel in Manhattan, New York Metropolis.

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Her departure from the business concern occurred in the same year after she butted heads with the management, who claimed she was responsible for the eating house'due south debt and other financial issues. Fun fact: The eatery was supposed to exist called "Pinky," which was the nickname Justin Timberlake gave Britney when they were dating.

The Kardashians are definitely business moguls, but not all their business ventures have been a success. Have the Kardashian Kard, for instance. In 2010, the Kardashians announced a controversial debut of a prepaid debit menu featuring the sisters' faces on the forepart. The business organisation failed a calendar month after its launch when the legality of certain fees raised concerns.

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An attorney claimed the loftier fees were unfair and unethical, particularly for the Kardashians' largely young adult fanbase. Many reputable websites took note of the "Kardashian Kard ripoff," which prompted the Kardashian family's attorney to take immediate activeness and terminate the business organisation to protect their reputation.

Kanye West – Pastelle Clothing Line

Yeezy has had plenty of fashion debuts during his career, and not all of them take been successful — or inspiring. Before his other way lines, there was Pastelle, the debut that never saw a debut. In 2006, Kanye planned to release his Pastelle clothing line in collaboration with Adidas.

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In short, a lot of drama happened, and according to reports, the investors didn't want to invest a sufficient amount of money to get the business off the ground. Kanye himself said y'all need to invest at least $100 million when you're making a new brand, and it clearly didn't happen.

Donald Trump – Trump Shuttle

Number 45 is a known businessman, but not many people know nearly his business failures. I of those ballsy failures was a very aggressive airline. Back in 1988, Donald Trump introduced his own branded airline shuttle. The luxury shuttle service was supposed to run between Washington D.C., Boston and New York.

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Reddish carpets, gold and other luxury elements cost Trump $1 million per shipping. Three months subsequently the launch, 1 of his planes almost crashed. The near miss, ascent fuel prices and a bank loan of $380 one thousand thousand made Trump determine it was fourth dimension to leave his aviation dreams behind and endeavour something else.

Paris Hilton – Dollhouse Drove

Information technology has been proven enough of times that Paris Hilton knows what she's doing when it comes to business. The Hilton heir has fabricated quite a name for herself, only non every thought resulted in cash in the bank. In 2008, Paris Hilton for Dollhouse was released.

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Information technology was a collaboration between Hilton and the popular habiliment label, and admittedly anybody was buzzing almost it. The collection basically had Paris' face up and proper name on almost every article of clothing. Unfortunately, the glory didn't last long, and Paris moved on to other concern ventures that garnered more entreatment.

Oprah Winfrey – Ain

In 2011, Oprah was the talk of the town when she decided to operate a cable channel accessible to 80 million homes. The Oprah Winfrey Network (Ain) was an ambitious idea, with more $500 million invested in the project. Unfortunately, her team failed from the start to empathise what people responded to and how they watched cable channels. Depression ratings and viewership hit the network hard.

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Own was arguably Oprah's biggest failure, but unlike other celebrities on our list, Oprah still hasn't completely given up on her business venture. Who knows? Maybe Ain is finally on rail to pull itself out of some nighttime days.

Jennifer Lopez – Madre'southward Restaurant

Celebrities have a thing for restaurants, but not all restaurants have a affair for celebs. Madre's was inspired by J.Lo'south mom and grandmother's cooking, and information technology started its bumpy journey in 2002 in Pasadena, California. In her own words, she described it every bit "a family restaurant with a little flake of sexiness to it."

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It lasted about vi years before mysteriously closing its doors in 2008. The Latin American eatery featured some of the culture's near typical dishes, but J.Lo'due south name wasn't enough to entice the public. No official reason was always given for the decision to close it down, but the assumption is poor functioning.

Naomi Campbell & Friends – The Fashion Buffet

In her prime number (mid-1990s), Naomi Campbell decided it was time to savor some passive income in the form of business ventures. In 1995, she became the face of a glamour-themed cafe chain called Fashion Café forth with Christy Turlington, Elle Macpherson and Claudia Schiffer.

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It had a solid commencement and practiced buzz, merely the novelty eventually faded, and it failed to make the necessary profit to stay open. To summit it all off, the business partners got involved in a money laundering scandal, making it clear that it was better for this cafe chain to close its doors for skilful.

Steven Spielberg – Swoop Eating house

Steven Spielberg's mind seems to overflow with amazing ideas, but Dive Restaurant wasn't ane of them. In 1994, he decided to open a nautical-themed eating place in Beverly Hills. The place was filled with impressive swoop-themed decor and even featured a fake diving session experience.

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That still wasn't enough to charm the demanding Beverly Hills crowd, and the novelty of it started to wear off, resulting in dismal merchandise sales, which were a huge selling point for the business organization. In 1999, the eating house officially shut its doors and became a learning lesson for what non to do in the niche of themed restaurants.

Hulk Hogan – Pastamania Restaurant

When Hulkmania was at its peak, Blob Hogan decided to innovate Minneapolis' Mall of America to the ultimate Blob eating feel. Who wouldn't desire to exist strong and tough similar Blob Hogan, right? Although information technology definitely seemed like a solid business investment idea dorsum in 1995, it didn't work out in the end.

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The menu wasn't that different from your standard pasta restaurant menu, apart from the fact that it was branded by everyone'due south favorite wrestling guy. The restaurant shut its doors most a year subsequently, assuasive the Pastamania name to exist used by a fast food chain from Singapore.

Donald Trump – Trump Mortgage

The Trump Shuttle wasn't the only Trump business venture that failed to profit back in the day. With his focus on real estate, it's non surprising he tried to dip into the mortgage business. The success of this venture was very brusque lived.

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Virtually of the Trump Mortgage failure came down to poor timing, as the 2006 recession struck, and the mortgage lending manufacture began to crumble with the marketplace crash. Everything was questioned, including the CEO's background. In 2007, Trump Mortgage officially airtight down afterward failing to thrive in the struggling market.

Pete Wentz – Angels & Kings

In 2007, Pete Wentz, a popular member of Fall Out Boy, and several other musicians decided it was time to open a nightclub. Wentz claimed he just wanted a place for him and his friends to hang out. Later, the gild launched in several other locations, including Chicago.

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The hype of the celebrity-owned nightclub died down after it was reported that the New York location got caught serving alcohol to minors and had to shut down in 2012. A few years later, they also closed the Chicago location — and that was the finish of the Fall Out Boy nightclub.

Jim McMahon – McMahon's Steakhouse

Ex-Chicago Acquit Jim McMahon made a proper name for himself in the NFL in the '90s and also thought he could make a name for himself by investing in a eating house — a steakhouse in Chicago. Unfortunately, McMahon got into business organization with some pretty questionable characters whose reputation wasn't pristine among those in the bank loan world.

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The eating place was kickoff called Chicago Stadium, only the owners of the Chicago Stadium rapidly sued McMahon and his other business partners. According to reports, the restaurant participated in some shady concern practices, and McMahon had to distance himself from information technology.

Eva Longoria – Beso Restaurant and Nightclub

Eva Longoria is no stranger to the culinary scene — retrieve her role equally a invitee estimate on season 4 of MasterChef? In 2008, she backed a Los Angeles restaurant chosen Beso. The place was a hot spot for quite some fourth dimension before closing its doors in 2011 amidst a ton of drama.

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The business filed for bankruptcy in gild to restructure $5.vii million worth of debt, and Longoria has reportedly been involved in several lawsuits. Beso later on relaunched nether new ownership (without Longoria) and with a new name, Viva Hollywood, but that restaurant somewhen closed as well.

Jay-Z – J-Hotels

The world's commencement billionaire rapper is no stranger to successful business ventures, but the idea that "the sky is the limit" definitely doesn't apply here. Jay-Z definitely reached a limit with his investment in J-Hotels. The luxury hotel was supposed to open in Manhattan's Chelsea area, but lack of funding and a recession halted the construction.

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The recession going on at the time basically made it harder to become the funding needed, and the whole business project was put on hold in 2008. Information technology looks like it never resumed, probably because Jay-Z became interested in plenty of other appealing ventures.

Natalie Portman – Té Casan

Let'south take a break from restaurants and hotels for a while and get to 2008, which actually seemed to be a prime time for glory business investments and hotels. Natalie Portman was ahead of her time when she collaborated with Té Casan to create a vegan shoe line.

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Equally a long-term vegan, she felt the need to invest in something she believes in, and she felt a shoe line was definitely the way to go. Unfortunately, the high price of the shoes didn't exactly appeal to consumers — not even diehard vegans — and the shoe line'due south website disappeared by the end of 2008.

Jermaine Dupri – Café Dupri

Jermaine Dupri rose to popularity in the '90s. From forming the iconic Kris Kross to producing music for all your favorite celebrities, Dupri was definitely at the top of his game. In 2005, he decided to try other concern ventures and invested in a large café in Atlanta that seated 105 guests.

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The bill of fare consisted of high-quality dishes that were also considered good for you. Although it seemed like a decent idea and the cafe had large expansion dreams, the success didn't last. Iii years later, Cafe Dupri had to close its doors later struggling to brand plenty turn a profit.

Beyonce – House of Deréon

That's correct — Queen B has experienced many failures along with her success. Sounding like a house out of Game of Thrones, House of Deréon was a manner line Beyonce collaborated with her female parent, Tina Knowles, to create in 2006. The proper noun paid tribute to Beyonce's maternal grandmother.

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The mode mixed the influences of hip hop with high mode, and although it seemed similar it was taking off at first, it was ultimately criticized for its loftier prices. In 2008, the line as well came nether fire for its advert with little girls wearing full makeup and high heels. The star discontinued the line in 2012 without formal observe.

Lily Allen – Lucy in Disguise

Lily Allen too tried to fiddle in the style world. The eccentric vocalist is known for her manner sense, and then it seemed only fair to come across if the rest of the world (or at to the lowest degree London) would catch on to her look. She opened Lucy in Disguise, a vintage clothing shop, with her sister in 2010.

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The store's location was one of the reasons for its failure — London'due south Covent Garden. High real estate prices forced the visitor to motion to a somewhat cheaper property in Soho, merely it wasn't enough to save the business, and it ceased operations in 2012.

Neil Immature – PonoPlayer

PonoPlayer was a fairly modern business organization venture launched past Neil Young in 2014. It was actually successfully crowdfunded via the popular platform Kickstarter, where information technology raised $6.ii one thousand thousand. The device was advertised as a modern-twenty-four hours iPod with how-do-you-do-resolution music service, simply it was criticized for its poor design and loftier price tag ($400).

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3 years later on, Neil Young ceased operations and closed the PonoMusic store, which sold downloadable music. The reason? Record companies were charging also much for hi-res music formats, and the business couldn't brand a profit, despite the steep toll of PonoPlayer and its initial funds.

Sylvester Stallone, Arnold Schwarzenegger & Bruce Willis – Planet Hollywood

Planet Hollywood was a '90s sensation and boasted more than 100 locations. Stallone, Schwarzenegger and Willis were its investors and the faces promoting the brand. The initial hype of eating among pop film props attracted endorsements from some of the biggest Hollywood names, merely information technology wasn't all sunshine and rainbows.

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The business filed for defalcation twice and reduced its number of restaurants to less than a dozen to ensure it could financially sustain itself and brand a profit. This prompted investors like Arnold Schwarzenegger to move on and cut ties with the business concern. Planet Hollywood is all the same effectually but with much less hype and fewer restaurants.

Kevin Costner – The Clubhouse

Themed restaurants were extremely popular investments for celebrities, and Kevin Costner was in on the idea too. In 1997, he dabbled in the nutrient manufacture in an attempt to brand more money, of course. The theme of The Clubhouse was golf, and unlike many other celebrity restaurants, information technology managed to last a surprisingly long time.

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Based in Costa Mesa, California, information technology featured the exclusive look and style of a golf clubhouse that was open up to the public. Ironically, it opened correct across from Planet Hollywood, which was closing at the time. The business began to fail in 2007.

Curt Schilling – 38 Studios

A unique business venture for its fourth dimension, 38 Studios was the brainchild of Brusque Schilling, who had a different vision than most sports celebrities. The former Red Sox pitcher wanted to try something new, so he launched a video game business in 2006. Unfortunately, game development takes years, and that was difficult to sell to investors.

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The company released an action role-playing game called Kingdoms of Amalur: Reckoning. Unfortunately for Schilling, the gaming visitor declared bankruptcy in 2012 after just releasing a unmarried game. Despite the business organization' failure, the game was pretty well received past the gaming customs.

Pharrell Williams – Qream Liqueur

Pharrell Williams always had big visions and a practiced ear for music, but in 2011, the pop producer ventured into the world of liqueur with much less impressive results. He worked with Diageo to launch Qream strawberry and peach liqueurs, specifically marketed to women.

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Williams blamed Diageo for insufficient marketing efforts to launch the liqueur, and he sued the company in 2013 subsequently it appeared to abandon the bargain before the contract was over. The drink wasn't marketed effectively, and the Qream dream died with minimal fanfare.

Flavour Flav – Flavor Flav's Craven & Ribs

Who doesn't know Flavor Flav? In 2011, the popular rapper decided to combine his love of fast food with business concern by opening a restaurant in Clinton, Iowa. Although it sounds yummy, the business really didn't last that long. In fact, it'south 1 of the shortest examples of business organisation failure on the listing — 3 months.

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The restaurant airtight its doors due to a fallout between Flavor Flav and his business partner, Nick Cimino. The 2 clashed over operations and coin management, leading Flav to decide that fast food really wasn't for him after all — at least when information technology came to running a business organisation.

50 Cent – Magic Stick Condom

Magic Stick was 50 Cent's endeavor at a unique business venture — in condoms. Aye, you lot read that correct. In 2008, the rapper created a line of condoms, but he apparently failed to understand the reason backside condoms in the start place. His company'south condoms were laced with chemicals designed to increase the wearer'southward sexual operation.

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The rapper was asked about his failed business organization venture, and he said, "It but didn't work out because I wanted things in it that wouldn't work." P.S.: "Candy Store" lyrics were written fashion before the Magic Stick line was launched.

Blake Lively – Preserve

Blake Lively is known for the awesome sense of sense of humor she shares with her fifty-fifty more awesome husband. In 2014, she decided to launch a lifestyle website. The timing was perfect, every bit celebrity lifestyle websites were at their summit, just Lively wasn't a large enough lifestyle figure to attract much interest.

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Glory product endorsements are oft likewise expensive for the general public and tin as well experience simulated, which raises concerns when it comes to trust. The website was abased about a twelvemonth later, and her lifestyle venture was never mentioned once more. That'due south okay, she's still owning the Instagram game.

Heidi Montag – Heidiwood

Welcome to Heidiwood, a fashion line that failed to connect with its customers and make sufficient profit. It belonged to Heidi Montag, a popular reality television character who wanted to exist known for more than but her dramatic TV roles. She launched Heidiwood in 2007 in collaboration with Anchor Blueish Retail.

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Although the line looked promising, customers didn't really treat the overpriced items, and her contract wasn't renewed the following year. She returned to reality Tv set and is still a prominent figure in the celebrity gossip globe, so she bounced back financially from the failed venture.

Nicky Hilton – Nicky O Hotels

Paris Hilton wasn't the but Hilton making money moves. Dorsum in the day, her sis Nicky Hilton wanted to stay true to her family legacy and open a hotel chain of her own. Nicky O Hotels was a premier luxury hotel brand, set to launch in Miami and later Chicago.

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Hilton planned to piece of work with Roberto Cavalli to design a luxurious penthouse suite for the Miami location. Her ambition was to combine the world of entertainment with luxury and blueprint. Yet, the project failed to run into the light of twenty-four hours after a lawsuit against Hilton highlighted an alleged breach of contract.

Jennifer Lopez – Sweetface

Making the listing again, J.Lo'south high-cease Sweetface habiliment line was yet another failure in the celebrity way world. Attempting to combine urban streetwear with mod fashion, the line failed to deliver annihilation unique that couldn't be found for a cheaper price in a store downwardly the street — co-ordinate to shoppers' feedback.

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Customers complained about high prices as well as the quality of the apparel. Negative feedback and poor sales forced Kohl'due south to completely stop the line's production in 2009. Fun fact: Sweetface was J.Lo's nickname, given to her by her old manager.

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Source: https://www.consumersearch.com/technology/celebrity-business-disasters-donald-trump?utm_content=params%3Ao%3D740007%26ad%3DdirN%26qo%3DserpIndex

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