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December 1, 2008
Location: BlogsThe Sassy Ladies Blog    
Posted by: Michelle Girasole 3/10/2007 2:59 AM
Forbes recently released on its website its list of "The 20 Richest Women in Entertainment". What lessons can we take away from some of these successful women?

1) Oprah: diversify - She's used her talk show and magazine to amass a whopping $1.5 billion.

2) J.K.Rowling: imagine- This imaginative Harry Potter author gives us hope that you can make millions writing books! She made $1 billion, actually.  You go, J.K.!

3) Martha Stewart: do what you love - America made this housewife a multi-millionaire (638 times over), because she did what she loved and was great at it.  (Secondary lesson - you can recover from investment mistakes.)

4) Madonna: unconventional attracts attention - and money, apparently - $325 million of the stuff.  Enough said.

5) Singers: merchandising leverages a successful brand. (Celine Dion, Mariah Carey, Janet Jackson, Jennifer Lopez) These ladies started with vocal talent, then merchandised their brands with lines of clothing, perfume, and other products to build their fortunes. ($250m, $225m, $150m, $110m, respectively)

6) Actresses - being a Pretty Woman and a sexy Friend doesn't hurt, either.  Julia Roberts and Jennifer Anniston both made the list, with $140m and $110m to their names.
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