Search
  • Life Style
  • Bank Stories
  • Financial Adviser
  • The Jet Set
Menu
  • Life Style
  • Bank Stories
  • Financial Adviser
  • The Jet Set
  • Life Style
  • Bank Stories
  • Financial Adviser
  • The Jet Set
Menu
  • Life Style
  • Bank Stories
  • Financial Adviser
  • The Jet Set

Surprising Start-up Investments That Turned Madonna into a Billionaire

Madonna has a thing for coconut water. In 2016, it was reported that the singer's secret to youthful and flawless skin was fresh coconut water which she drank on the daily. Madonna, alongside investors like Mathew McConughey and Demi More, decided to fund a company called Vita Coco, a supplier of fresh coconut water.  Madonna loved the beverage so much that she became Vita Coco's biggest investor by contributing $1.5 million towards the business.

The brand is a leading supplier of coconut water around the world started by two friends in 2004. Vita Coco has soared over the past few years and today, its market cap is well over $2.5 billion. In 2016, the company reported 19% increase in its global sales, an impressive growth figure in a competitive market.

The brand had gave up its 25% stake to Red Bull China. The investment is paying off and the investors are smiling to the bank.

Despite Madonna’s music career success, she has done well in the business world.  She is regarded as a risk taker when it comes to business projects.  She has launched businesses considered risky and competitive and come out with bruises.  Her sense of winning and risking has made her a success in many of the start-up businesses she has put her money.

Previous | Next

Recent Posts

Here's Why Lifestyle Changes Alone Helps a Lot With Weight Loss

The Hidden Cost of Lifestyle Creep and How to Avoid It

Vanessa Hudgens Recalls Falling for Zac Efron During “High School Musical”

This Simple Daily Habit May Reduce Dementia Risk by 28%

Devastated Father Demands Justice for Son's Burning Man Ceremony Murder

COPYRIGHT © 2020 TENFACTORIALROCKS.COM

  • Contact Us
  • About Us
  • Privacy Policy
  • Terms Of Use
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms Of Use
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms Of Use
Menu
  • Contact Us
  • About Us
  • Privacy Policy
  • Terms Of Use