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

Depending on your age, you probably think these unforgettable celebrity business flops. Call back you can guess who lost the most? Allow's take a wait!

Britney Spears – Nyla Restaurant

When Britney Spears opened Nyla Restaurant in 2002, the fizz was real. She was in her prime years, and it seemed logical she would invest in a unlike type of business. Nyla was located in the Dylan Hotel in Manhattan, New York City.

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Her departure from the business occurred in the aforementioned year afterwards she butted heads with the direction, who claimed she was responsible for the restaurant's debt and other financial issues. Fun fact: The restaurant was supposed to be called "Pinky," which was the nickname Justin Timberlake gave Britney when they were dating.

The Kardashians – Kardashian Kard

The Kardashians are definitely business moguls, just not all their concern ventures accept been a success. Take the Kardashian Kard, for instance. In 2010, the Kardashians announced a controversial debut of a prepaid debit card featuring the sisters' faces on the front. The business organization failed a calendar month after its launch when the legality of certain fees raised concerns.

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An attorney claimed the high 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 chaser to take firsthand action and terminate the business organisation to protect their reputation.

Kanye Westward – Pastelle Clothing Line

Yeezy has had plenty of way debuts during his career, and not all of them have been successful — or inspiring. Before his other mode 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 desire to invest a sufficient amount of coin to get the business off the ground. Kanye himself said you lot demand to invest at least $100 1000000 when you're making a new brand, and information technology conspicuously didn't happen.

Donald Trump – Trump Shuttle

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

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Ruby-red carpets, gold and other luxury elements cost Trump $ane one thousand thousand per aircraft. Three months later on the launch, one of his planes near crashed. The near miss, rising fuel prices and a bank loan of $380 meg made Trump determine it was time to get out his aviation dreams behind and try something else.

Paris Hilton – Dollhouse Collection

It has been proven plenty of times that Paris Hilton knows what she's doing when it comes to business organisation. The Hilton heir has fabricated quite a name for herself, but not every thought resulted in cash in the bank. In 2008, Paris Hilton for Dollhouse was released.

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It was a collaboration between Hilton and the popular clothing label, and admittedly anybody was buzzing most it. The collection basically had Paris' confront and proper noun on almost every article of vesture. Unfortunately, the glory didn't last long, and Paris moved on to other business concern ventures that garnered more than entreatment.

Oprah Winfrey – OWN

In 2011, Oprah was the talk of the boondocks when she decided to operate a cablevision channel accessible to 80 million homes. The Oprah Winfrey Network (Ain) was an ambitious idea, with more than $500 1000000 invested in the project. Unfortunately, her team failed from the start to understand what people responded to and how they watched cable channels. Low ratings and viewership hit the network hard.

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OWN was arguably Oprah'southward biggest failure, only dissimilar other celebrities on our list, Oprah nevertheless hasn't completely given upwardly on her business venture. Who knows? Maybe OWN is finally on track to pull itself out of some dark days.

Jennifer Lopez – Madre'due south Restaurant

Celebrities take a thing for restaurants, but non all restaurants have a matter for celebs. Madre's was inspired by J.Lo's mom and grandmother'due south cooking, and it started its bumpy journey in 2002 in Pasadena, California. In her ain words, she described information technology every bit "a family restaurant with a picayune fleck of sexiness to it."

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It lasted nigh half dozen years before mysteriously closing its doors in 2008. The Latin American eating place featured some of the civilisation's most typical dishes, simply J.Lo's name wasn't enough to entice the public. No official reason was ever given for the decision to close it down, but the supposition is poor performance.

Naomi Campbell & Friends – The Fashion Cafe

In her prime (mid-1990s), Naomi Campbell decided it was fourth dimension to enjoy some passive income in the course of business concern ventures. In 1995, she became the face of a glamour-themed cafe concatenation called Fashion Café along with Christy Turlington, Elle Macpherson and Claudia Schiffer.

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Information technology had a solid start and practiced fizz, just the novelty eventually faded, and information technology failed to make the necessary profit to stay open up. To top information technology all off, the business partners got involved in a money laundering scandal, making it clear that it was better for this cafe concatenation to close its doors for good.

Steven Spielberg – Swoop Restaurant

Steven Spielberg's mind seems to overflow with amazing ideas, but Dive Eating house wasn't 1 of them. In 1994, he decided to open up a nautical-themed restaurant in Beverly Hills. The place was filled with impressive dive-themed decor and fifty-fifty featured a false diving session experience.

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

Blob Hogan – Pastamania Eating house

When Hulkmania was at its superlative, Blob Hogan decided to introduce Minneapolis' Mall of America to the ultimate Hulk eating experience. Who wouldn't want to be strong and tough like Blob Hogan, right? Although it definitely seemed like a solid business investment idea back in 1995, information technology didn't work out in the end.

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The menu wasn't that different from your standard pasta eating house carte du jour, apart from the fact that it was branded by everyone's favorite wrestling guy. The restaurant close its doors almost a yr subsequently, allowing 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 turn a turn a profit dorsum in the day. With his focus on real estate, it's not surprising he tried to dip into the mortgage business organisation. The success of this venture was very short lived.

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Nearly of the Trump Mortgage failure came down to poor timing, equally the 2006 recession struck, and the mortgage lending industry began to crumble with the market crash. Everything was questioned, including the CEO'south background. In 2007, Trump Mortgage officially closed downwardly afterwards failing to thrive in the struggling market.

Pete Wentz – Angels & Kings

In 2007, Pete Wentz, a popular fellow 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 club 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 as well closed the Chicago location — and that was the end of the Fall Out Boy nightclub.

Jim McMahon – McMahon's Steakhouse

Ex-Chicago Conduct Jim McMahon made a name for himself in the NFL in the '90s and too idea he could make a name for himself by investing in a restaurant — a steakhouse in Chicago. Unfortunately, McMahon got into business with some pretty questionable characters whose reputation wasn't pristine among those in the banking concern loan globe.

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The restaurant was first called Chicago Stadium, just the owners of the Chicago Stadium quickly sued McMahon and his other business partners. According to reports, the eating place participated in some shady business practices, and McMahon had to distance himself from it.

Eva Longoria – Beso Restaurant and Nightclub

Eva Longoria is no stranger to the culinary scene — recall her role as a guest guess on season 4 of MasterChef? In 2008, she backed a Los Angeles eating house called Beso. The place was a hot spot for quite some time before closing its doors in 2011 among a ton of drama.

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The business organisation filed for bankruptcy in lodge to restructure $five.7 one thousand thousand worth of debt, and Longoria has reportedly been involved in several lawsuits. Beso later relaunched under new ownership (without Longoria) and with a new name, Viva Hollywood, merely that eatery eventually closed every bit well.

Jay-Z – J-Hotels

The globe'southward first billionaire rapper is no stranger to successful concern ventures, but the idea that "the sky is the limit" definitely doesn't use here. Jay-Z definitely reached a limit with his investment in J-Hotels. The luxury hotel was supposed to open up in Manhattan's Chelsea area, merely 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 get the funding needed, and the whole business project was put on hold in 2008. It looks like it never resumed, probably because Jay-Z became interested in plenty of other appealing ventures.

Natalie Portman – Té Casan

Permit's accept a break from restaurants and hotels for a while and get to 2008, which actually seemed to exist a prime time for celebrity 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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As 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 entreatment to consumers — not fifty-fifty diehard vegans — and the shoe line's website disappeared by the finish 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 superlative of his game. In 2005, he decided to try other business concern ventures and invested in a large café in Atlanta that seated 105 guests.

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The menu consisted of high-quality dishes that were also considered salubrious. Although it seemed like a decent thought and the cafe had large expansion dreams, the success didn't concluding. Three years after, Cafe Dupri had to close its doors after struggling to make enough profit.

Beyonce – House of Deréon

That'southward right — Queen B has experienced many failures along with her success. Sounding like a business firm out of Game of Thrones, House of Deréon was a fashion 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 manner mixed the influences of hip hop with high fashion, and although it seemed similar it was taking off at first, information technology was ultimately criticized for its high prices. In 2008, the line too came under fire for its ad with little girls wearing full makeup and high heels. The star discontinued the line in 2012 without formal discover.

Lily Allen – Lucy in Disguise

Lily Allen also tried to dabble in the fashion world. The eccentric vocalist is known for her fashion sense, so it seemed simply fair to see if the rest of the world (or at least London) would catch on to her wait. She opened Lucy in Disguise, a vintage article of clothing store, with her sis in 2010.

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The store's location was i of the reasons for its failure — London's Covent Garden. High real estate prices forced the company to move to a somewhat cheaper property in Soho, only it wasn't enough to save the concern, and it ceased operations in 2012.

Neil Young – PonoPlayer

PonoPlayer was a adequately modern business venture launched by Neil Young in 2014. It was actually successfully crowdfunded via the pop platform Kickstarter, where it raised $6.2 million. The device was advertised as a modern-day iPod with hi-resolution music service, only information technology was criticized for its poor design and high price tag ($400).

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Three years later, Neil Young ceased operations and airtight the PonoMusic store, which sold downloadable music. The reason? Record companies were charging too much for hullo-res music formats, and the business couldn't make a profit, despite the steep price of PonoPlayer and its initial funds.

Sylvester Stallone, Arnold Schwarzenegger & Bruce Willis – Planet Hollywood

Planet Hollywood was a '90s sensation and boasted more 100 locations. Stallone, Schwarzenegger and Willis were its investors and the faces promoting the brand. The initial hype of eating among popular picture props attracted endorsements from some of the biggest Hollywood names, but it 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 make a turn a profit. This prompted investors like Arnold Schwarzenegger to move on and cut ties with the business concern. Planet Hollywood is nevertheless around 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 industry in an effort to make more money, of course. The theme of The Clubhouse was golf, and unlike many other celebrity restaurants, information technology managed to final a surprisingly long time.

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

Curt Schilling – 38 Studios

A unique business venture for its time, 38 Studios was the brainchild of Short Schilling, who had a unlike vision than most sports celebrities. The sometime Ruby-red Sox pitcher wanted to try something new, so he launched a video game business concern in 2006. Unfortunately, game development takes years, and that was hard 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 defalcation in 2012 subsequently only releasing a single game. Despite the business organization' failure, the game was pretty well received by the gaming community.

Pharrell Williams – Qream Liqueur

Pharrell Williams always had big visions and a proficient ear for music, but in 2011, the popular 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 bereft marketing efforts to launch the liqueur, and he sued the company in 2013 after it appeared to abandon the deal before the contract was over. The beverage wasn't marketed finer, and the Qream dream died with minimal fanfare.

Flavor Flav – Flavor Flav's Chicken & Ribs

Who doesn't know Flavour Flav? In 2011, the popular rapper decided to combine his love of fast food with business organisation by opening a eatery in Clinton, Iowa. Although information technology sounds yummy, the business organization really didn't last that long. In fact, it'due south ane of the shortest examples of business organization failure on the list — iii months.

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The eatery closed its doors due to a fallout between Flavour Flav and his concern partner, Nick Cimino. The ii clashed over operations and money management, leading Flav to determine that fast nutrient actually wasn't for him after all — at least when it came to running a business.

50 Cent – Magic Stick Condom

Magic Stick was fifty Cent's attempt at a unique business venture — in condoms. Yes, y'all read that correct. In 2008, the rapper created a line of condoms, just he apparently failed to understand the reason behind condoms in the first place. His company's condoms were laced with chemicals designed to increment the wearer'southward sexual operation.

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

Blake Lively – Preserve

Blake Lively is known for the awesome sense of humor she shares with her fifty-fifty more than crawly hubby. In 2014, she decided to launch a lifestyle website. The timing was perfect, as celebrity lifestyle websites were at their peak, but Lively wasn't a big enough lifestyle figure to attract much interest.

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Celebrity product endorsements are often too expensive for the general public and can also feel fake, which raises concerns when it comes to trust. The website was abandoned most a year afterward, and her lifestyle venture was never mentioned again. That'southward okay, she's notwithstanding 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 pop reality television character who wanted to be known for more merely her dramatic TV roles. She launched Heidiwood in 2007 in collaboration with Anchor Blue Retail.

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Although the line looked promising, customers didn't actually care for the overpriced items, and her contract wasn't renewed the post-obit twelvemonth. She returned to reality Television and is yet a prominent figure in the celebrity gossip world, so she bounced back financially from the failed venture.

Nicky Hilton – Nicky O Hotels

Paris Hilton wasn't the only Hilton making coin moves. Back in the day, her sis Nicky Hilton wanted to stay true to her family unit 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. However, the project failed to see the light of day later on a lawsuit confronting Hilton highlighted an alleged breach of contract.

Jennifer Lopez – Sweetface

Making the list again, J.Lo's high-terminate Sweetface clothing line was still some other failure in the glory fashion world. Attempting to combine urban streetwear with mod way, the line failed to deliver annihilation unique that couldn't be establish for a cheaper price in a store down the street — according to shoppers' feedback.

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Customers complained about high prices too equally the quality of the clothes. Negative feedback and poor sales forced Kohl's to completely stop the line's production in 2009. Fun fact: Sweetface was J.Lo's nickname, given to her past her old managing director.

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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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