Latest news with #businessmogul
Daily Mail
24-06-2025
- Entertainment
- Daily Mail
Supermodel Tyra Banks shows off her unique style in harem pants as she samples ice cream flavours at her new Sydney store
Tyra Banks has been spotted trying out some of the ice cream flavours on offer at her newly-opened Sydney store SMiZE & DREAM. The former Next Top Model host, who opened the Darling Harbour establishment last week, was all smiles as she popped into the flagship store on Monday. The 51-year-old, who has been living in Australia for nearly two years, stepped out in a bizarre all-black ensemble for the outing. The supermodel kept comfy in an off-the-shoulder black sweater which she paired with loose-fitting harem trousers. On her feet, the 51-year-old wore a pair of matching black sneakers as she made her way around the Sydney waterfront. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. Tyra styled her hair straight, with her raven bob cutting just above her shoulders. She paired the look with a bold pink lip and matching rosy cheeks, along with a pair of gold-rimmed, clear-lens glasses. She slung a maroon suede bag over her shoulder as she and her friends sat down for the ice cream date. The business mogul was then seen thoughtfully sampling an ice cream flavour while sitting in a booth. Another showed her laughing hysterically while chatting to a SMiZE & DREAM staff member. Tyra officially unveiled her dream project in Australia – launching her first-ever SMiZE & DREAM ice cream store in the heart of Sydney on Thursday. In an exclusive interview with Daily Mail Australia, the American supermodel-turned-entrepreneur revealed she fell head over heels for the Harbour City after visiting regularly for over a year while producing ice cream for a cruise line account. 'I was coming for about a year and a half and just fell in love with it,' she said. 'And I said, should we make this move? And here we are.' Tyra said Sydney's relaxed charm and community energy helped seal the decision to base her global business Down Under, with one spot standing out above all others. 'I love Darling Harbour because of this park. Tumbalong Park is magical,' she said, adding that even before her shop opened, she and her family would spend their weekends there. 'I have friends that live an hour and a half away and on the weekends they drive here just to go to the water and put their feet in with the kids.' 'There's a playground for older kids, one for younger kids, Darling Square nearby, the harbour – it just felt natural.' Tyra's passion for the brand is personal, down to the flavours themselves. When asked about her favourite scoop, she didn't hesitate. 'My favourite flavour is called Tyra's Favourite – very creative, isn't it?' she laughed. The flavour features salted sweet cream with butter-roasted pecans and a thick, savoury caramel butter swirl. 'It's not your traditional ice cream taste – it has this surprising, rich sensation in the mouth,' she said. Beyond ice cream, the SMiZE & DREAM founder wants the business to stand for something bigger – encouraging others, especially women, to reinvent themselves no matter their age. 'It's never too late,' she said, when asked what advice she had for women starting over. 'But we have to know our stuff. Unfortunately, women – we have to be better. We have to be smarter. We have to know more. 'Just go deep, study hard, walk into that room head held high. You're going to hear no's – but one day you're going to get that yes. And you just have to be ready for it.'
Yahoo
20-06-2025
- Business
- Yahoo
If Kim Kardashian's Net Worth Was Evenly Distributed Across America, How Much Money Would Every Person Get?
Kim Kardashian has transformed herself from reality TV star into a business mogul with a net worth of $1.7 billion, according to Forbes. Through her Skims shapewear empire, beauty ventures and strategic partnerships, she's built one of the most impressive celebrity fortunes in history. Find Out: Read Next: But while $1.7 billion is certainly a massive fortune for a single individual, would it still seem like as much money if it were distributed equally across all Americans? Here's how it all breaks down. According to the U.S. Census Bureau, there are approximately 341.96 million people in America as of June 17, 2025. If you were to hand out an equal share of Kardashian's $1.7 billion to every American, each one would receive just $4.97. Each family with two parents and two children would end up receiving $19.88. While few people would turn down an extra $5 in their pocket, it's not exactly a life-changing amount of money. For most Americans, it wouldn't even cover a coffee at Starbucks. Learn More: Kardashian might have the highest net worth in the Kardashian-Jenner clan, but she's not the only wealthy family member. Her sisters and mother have also built substantial fortunes through various business ventures. Here's how the family wealth breaks down: Kim Kardashian: $1.7 billion Kylie Jenner: $670 million Kris Jenner: $170 million Kourtney Kardashian: $65 million Khloé Kardashian: $60 million Kendall Jenner: $60 million If you were to combine the estimated net worth of the main Kardashian-Jenner family (approximately $2.725 billion total), dividing that sum among all Americans would result in a boost to their net worths of just $7.97 per person. That's enough for a fast-food meal, and it might help cover lunch for the day. But again, it's not the life-changing sum of money that would allow anyone to quit their job or pay off significant debt. According to the Federal Reserve, the average American household has a net worth of approximately $1.06 million, though this varies dramatically across income levels. The truth is billionaires in the top 1% hold more than 30% of America's combined wealth. When you break it down further, the bottom 50% of the country splits $4.01 trillion. If that wealth were evenly distributed among the bottom 50%, they would all have an average net worth of just $23,588. If the average American were to redistribute their net worth to the rest of the country, that contribution would be just three-tenths of one cent. By comparison, Kardashian's $4.97 is looking pretty impressive. The amount needed for a comfortable lifestyle varies dramatically based on location and personal preferences, but we can look at some benchmarks: Basic comfortable living: Most financial experts suggest that $50,000 to $75,000 annually covers a middle-class lifestyle in most U.S. areas. Over a 50-year period, that's $2.5 million to $3.75 million. Luxurious but not excessive lifestyle: Even living very well — we're talking a nice home, travel, quality healthcare, good schools for kids — you could maintain an excellent lifestyle on $200,000 to $500,000 annually. Over 50 years, that's $10 million to $25 million. Ultra-wealthy lifestyle: Even maintaining multiple homes, private jets and extravagant spending rarely requires more than $50 million to $100 million in net worth to sustain indefinitely through investment returns. So realistically, Kardashian could maintain an extremely luxurious lifestyle for life with maybe $50 million $100 million, leaving $1.6 billion-plus behind. Using that $1.6 billion 'excess,' here's what it could provide: Middle-class security: At $75,000 per year for 50 years ($3.75 million per person), Kardashian's wealth could provide complete financial security for about 427 Americans for their adult lives. Basic comfortable living: At $50,000 per year for 50 years ($2.5 million per person), it could support about 640 Americans for their adult lives. Modest but secure living: At $35,000 per year for 50 years ($1.75 million per person), it could support about 914 Americans for their adult lives. This calculation reveals something striking about wealth concentration. While spreading Kardashian's money across all 342 million Americans gives everyone just $4.97, concentrating it on providing genuine long-term security could completely transform the lives of hundreds of families. Of course, this is all theoretical. This is all Kardashian's money and she's free to do with it what she pleases. But it does illustrate the scale we're talking about when we discuss billionaire wealth — it's not just 'really rich,' it's 'could permanently solve financial stress for entire communities' rich. Perhaps the real lesson isn't about Kardashian's money; it's about understanding wealth distribution and building your own financial success. That $4.97 won't change anyone's life, but the business principles behind her success might. Things like building multiple revenue streams, using your social media for outreach, creating products that solve problems, and of course, the two magic words: compound interest. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 6 Hybrid Vehicles To Stay Away From in Retirement 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance (And 2 Reasons They Should) This article originally appeared on If Kim Kardashian's Net Worth Was Evenly Distributed Across America, How Much Money Would Every Person Get?
Forbes
17-06-2025
- Entertainment
- Forbes
Bethenny Frankel Is Redefining The Intersection Of Influencing, Investing And Entrepreneurship
Entrepreneur, investor, tastemaker and influencer, Bethenny Frankel. Bethenny Frankel never set out to become a social media star but her opinionated thoughts on everything from chicken salad to drones and Chanel bags amassed her close to 10 million followers. From building Skinnygirl into a multi-million-dollar brand to mastering equity investing, real estate, and affiliate deals that generate six figures a month, Bethenny Frankel is one of this generation's most influential business moguls. Since unexpectedly becoming a TikTok beauty and lifestyle influencer in 2022, Frankel has nearly doubled her annual growth year over year through affiliate and brand deals. Her secret sauce? Being unapologetically herself and 'the people' can't get enough. Frankel's first rise to fame came from being an original cast member on The Real Housewives of New York City, which led the way for her to become a real estate and business mogul. Her itch to join TikTok was purely out of curiosity. Even though she was told she was 'too old' to be on TikTok, she persisted anyway, and it paid off- literally. 'I was very bad at social media and always wanted to sort of just have some relationship with it where I could post something that I thought would be decent on Instagram. It just always was uninspired, and it was like checking the box. But I knew I wasn't good at it. I even hired people to help me, but I now realize it's 98% on me from a creative, and it's a lot of pressure because no one else can fill in for the job. I had a person working with me who I asked if I wanted to be on social media, and I said, 'I want to be on TikTok, how do I get into TickTock?' And they said it's for 8 to 11-year-olds. It wouldn't be good for you,' shared Frankel. 'I didn't understand what it was. And I didn't even know when it started going viral, what going viral was. So I was very ignorant, and it's a whole different ball game from being on TV and having traditional press and media.' Frankel's new merch line consisting of sweatshirts, hats, and tote bags with Frankel's infamous ... More phrases (AKA bethenny-isms) like 'davoon', 'you're welcome', and 'Lord's work'. Frankel compares social media to a parasocial reality TV show, calling it direct-to-consumer content, being able to have control over how and what she says in her own way has led her to have her viewers glued to their screens waiting for her next post. She has now turned her social media channels into a multi-million dollar revenue stream. Fans trust her unfiltered opinions, and brands see direct sales impact. Recognized as one of Forbes' Top 100 Most Powerful Celebrities, her candid and humorous social media reviews create instant consumer demand and have made her a go-to voice in the industry, leading to partnerships with L'Oreal, Ulta, Uber, Verizon, Laura Geller and more. In 2024, her total revenue from brand partnerships was $7 million and $3.5 million in just Q1 of 2025, up 125% YoY from 2024's Q1. That doesn't include her affiliate earnings. Frankel's transparent and candid reviews on her purchases high and low had her viewers begging for links. Her average order volume on ShopMy is over $400K per month. That puts her very solidly among the top volume drivers on a platform of 150,000+ creators. She has also grown her Amazon Affiliate business into a multi-million dollar revenue stream. Her affiliate platforms combined are growing at a CAGR of 479.89%. 'I think my high conversion rate boils down to authenticity and heart – I don't have to do any of this, but I do it because I genuinely love the community we've built and always speak straight from the heart. My followers know I only stay invested in things that resonate and work for me (I even walked away from reality TV at its peak when it stopped serving me), so they trust that every recommendation is based on genuine enthusiasm and honesty,' she explained. 'Brands and CEOs ask me all the time what my strategy is, but honestly, my strategy is simply being unapologetically myself. I lean into my hyperfixations – whether that's uncovering a genius product dupe or discovering the world's weirdest snack – and share my unfiltered thoughts because I genuinely care about how people spend their hard‑earned money. In a world that can feel overwhelmingly serious, I offer pure info‑tainment. My strategy works because everyone wins. The brand wins because whether it's a good or bad review, they get honest feedback they can act on – sell more or make it better. The customer wins because they dodge buyer's remorse, finding only products, treats, or treatments that actually deliver. And I win because what started as a passion project has morphed into an accidental business that I can't ignore.' Bethenny Frankel, is co-owner of Mingle Mocktails. In May, Frankel launched The List, a shopping destination on where all of her current obsessions live and merch consisting of sweatshirts, hats, and tote bags with Frankel's infamous phrases (AKA bethenny-isms) like 'davoon', 'you're welcome', and 'Lord's work'. This new platform has given her a unique edge sitting at the intersection of being an influencer, content creator, entrepreneur, investor and tastemaker. Brands and CEO's are now giving equity to Frankel to have her expertise guide their growth, 'I have the institutional knowledge from business, marketing, licensing, running brands and now social media. So it's pretty much a lethal combination- it has become a mobile shark tank. It's defined how I invest because no one that I've met has such a specific and broad CPG experience and institutional knowledge that I have. From travel to real estate to home, dining, food and beverage, beauty, tech and home appliances, to closets, organization, and anything we touch, I see it all. It's turned into a big equity VC model that was completely accidental. It started out with Cameo which they initially just wanted me to be on, but I said I wasn't going to be on it unless I owned a piece of it. That turned out to be a very big exit.' "Supermodel" sweatshirt from Frankel's merch line. Currently, Frankel is an investor in ShopMy, BAFC, Bezel, Cumulus Coffee and She co-owns Mingle Mocktails, owns Forever Young Wines and under Skinnygirl she is licensing shapewear, salad dressings and popcorn. Her advice to all founders- you need to be on social media. 'You have to find a way to connect and communicate with this audience because people want to be spoken to, people want to be connected to, people want to be entertained by and people want to have a relationship with you. And people will no longer be talked down to. They will no longer look up to celebrities, they no longer look up to perfection. They want to connect and have a human connection,' she added. Most recently, Frankel graced the Sports Illustrated Swim Week runway re-defining beauty standards for women over 50. Frankel is close to 30 years older than most of the models that walked the show. "Walking the Sports Illustrated Swim Week show changed the way I see women, bodies, and empowerment. In a very brief period, I witnessed women of all ages, races, and sizes genuinely and unapologetically love their bodies -- inside and out. I also had the unprecedented experience of complete strangers going out of their way not just to make me feel comfortable, but set me up to win,' Frankel shared. 'It showed me that if I surround my daughter with the right values and the right community, she can grow up loving herself and feeling confident from the inside out -- just like these incredible women so beautifully demonstrated." Bethenny Frankel walked her first Sports Illustrated Swim Week runway show at 54 years old. In between all of the press and social media attention for her participation in the show she went from 2.8 - 3.1 Million followers in five days continuing to prove how her unwavering confidence translates with people of all ages. Millions of people have even attributed the cottage cheese shortage to her 'supermodel diet' that she shared to get ready for the show. Frankel has no plans for slowing down and is just getting started. 'I'm getting laser-focused on going deeper, not wider, when it comes to my equity and licensing deals. What started as a side hustle has evolved into a serious business, and I'm being incredibly intentional about the partnerships I take on. I want long-term value and alignment, not just noise,' she added. 'A major focus moving forward is my marketplace, The List – a curated destination for all my must-have items. It's not just about shopping; it's a service I created for 'the people', and I genuinely love doing it for them,' she shared. 'This parasocial relationship has turned into something deeply personal. I know names, details, stories. As a homebody and introvert who plays a very social person online, this audience has given me more than I ever expected. I love talking to them, laughing with them, entertaining them, sharing my real opinions, my flaws, advice, reviews – everything. Somehow, my followers got this historical gatekeeper to open the floodgates. Now I tell them everything. They're the reason I show up. They're spectacular. Gimme 14 of 'em right now. (They'll know what that means.)'
Yahoo
17-05-2025
- Entertainment
- Yahoo
Mark Cuban Reveals What It Will Take for Him to Return to 'Shark Tank' After Show Exit (Exclusive)
Mark Cuban spoke with PEOPLE exclusively about what it would take for him to return to Shark Tank after his last day on the ABC show set The business mogul cited more family time as his reason for departure, and opened up about what he's looking forward to most now that he won't have to film the series Cuban announced that he'd be departing from Shark Tank in November 2023 after 15 years on the show, and filmed his final episode in September 2024Is this really goodbye? Mark Cuban's final appearance on Shark Tank aired on Friday, May 16 after 15 years on ABC's long-running show, so PEOPLE asked the Shark investor himself about whether that final episode was really his last — and if so, what it will take for him to dive back in. "Who knows," Cuban optimistically tells PEOPLE exclusively of what it will take for him to return to Shark Tank in the future. "Maybe after my kids are all out of school I'll come on and raise hell again — but I doubt it." The business mogul, who solidified his status as a show staple since becoming a regular Shark in 2011, announced he'd be stepping away from Shark Tank in November 2023. His reason for departing, in part, was to spend more time with his kids. When asked how his decision to leave Shark Tank shaped his time with his family since filming his final episode eight months ago, Cuban says it hasn't "much yet" due to the show's production schedule — which never required filming during these months. "But for this coming fall, I'll be able to finally be home for my wife, son's and oldest daughter's birthdays. We almost always were shooting then," he explains, noting that they always shoot in June and September. Cuban and his wife Tiffany Stewart share three children together. They welcomed their first child, daughter Alexis, one year after they wed in September 2002. Their daughter Alyssa followed in 2006 and son Jake in 2010. Now that he won't have to film, Cuban's dialed in on just being dad (and perhaps a self-deprecated dose of humbling from his teenagers, too). "They will have more time to ignore me and tell me how I'm not as cool as I think I am. All which I love," he says. "It will give me more time to learn and tell them dad jokes and my stupid sayings and leave the room rolling their eyes." He adds, "I would rather all of that than listen to royalty deals!" is now available in the Apple App Store! Download it now for the most binge-worthy celeb content, exclusive video clips, astrology updates and more! Elsewhere in his interview with PEOPLE, Cuban reflected on his final day on the Shark Tank set. While he admitted to having "no second thoughts at all" about his decision to leaving the show, he revealed what — or rather, who — he'd "miss more than anything." "Our crew from Sharks to PAs to producers are incredible to work with and to know. That's who I will miss more than anything," he shared, noting that he felt "a lot of sadness" — but at the same time, he sensed "some closure and readiness to move on." Cuban also explained how Shark Tank took his "celebrity" to a "completely different level." He added, "And to be recognized everywhere I went, here in the USA and wherever Shark Tank played globally. It completely changed my life." Read the original article on People
Washington Post
13-05-2025
- Washington Post
Tears, trauma and a million-dollar necklace as defiant Kim Kardashian faces Paris robbery suspects
PARIS — Defiant in diamonds, Kim Kardashian appeared in a Paris courtroom Tuesday to testify in the trial over the 2016 armed robbery that upended her life. The reality star and business mogul gave emotional, at times harrowing, testimony about the night masked men tied her up at gunpoint and stole more than $6 million in jewelry.
