Who Flipped, Who Sued, and Who Cashed In? Inside This Week’s Celebrity Business Bombshells
- Jessica Ramirez
- 19 hours ago
- 4 min read
From $190M mansions to viral denim campaigns and a courtroom catfight over Basquiats, this week's celebrity business news is anything but boring. Who flipped what, who sued whom, and who made Wall Street blush?
If you thought celebrities just sat around sipping overpriced oat milk lattes and naming their kids after fruit, you're right. But this week’s celebrity business news confirms our favorite A-listers are also grinding harder than your local crypto bro—just with better skincare.
Here's the glitz, the lawsuits, and the shockingly smart real estate flips. Because yes, even Ellen DeGeneres is out here flipping homes like it’s HGTV meets Wall Street.
Ellen DeGeneres & Portia de Rossi: House-Flipping Royalty
Move over Chip and Joanna—Ellen DeGeneres and Portia de Rossi are the real house-flipping icons. According to a jaw-dropping report, the couple has made roughly $190 million flipping luxury homes over the years. That’s not a typo. One hundred and ninety million. Enough to buy several private islands, or at least one Taylor Swift concert ticket.
Their secret sauce? Snatching up under-the-radar properties, throwing in a few tasteful renovations (think: Tuscan minimalism meets Restoration Hardware), and flipping them for profit margins that would make Warren Buffett blush. Their latest listing? A $30 million English countryside estate called “Kitesbridge Farm.” And yes, it comes furnished, because of course it does.
Sydney Sweeney & Travis Kelce: The Denim Duo Saving American Eagle
Remember when American Eagle was just the place you went to buy jeans in high school? Not anymore. Thanks to Sydney Sweeney and Travis Kelce, the brand just staged a full-on retail renaissance—and Wall Street noticed. The company's stock soared a delicious 25%, all because of celebrity marketing that actually worked for once.
Sydney’s campaign reimagined classic denim with Gen-Z flair, while Kelce—riding high on NFL fame and a certain Swiftie-adjacent glow—brought his signature swag. Suddenly, teens and twenty-somethings are clamoring for cargo pants again. What a time to be alive.
Basquiats & Betrayal: When Art Advisors Turn Litigious
If you thought art world drama was confined to Instagram stories and gallery openings, think again. Two of the most prominent celebrity art advisors, Barbara Guggenheim and Abigail Asher, are currently in a legal catfight of Monet-sized proportions.
These women have advised A-listers like Tom Cruise and Steven Spielberg, but now they’re accusing each other of fraud, misconduct, and professional betrayal. It’s “Succession,” but with watercolors and subpoenas. The next court date is set for October 16 in Manhattan. Expect drama, and maybe a Banksy or two.
Presley Family Drama: Lawsuits, Legacy & Legal Fireworks
Priscilla Presley and granddaughter Riley Keough are not here for your conspiracy theories. The Presley estate dropped a rare, joint public statement this week, slamming recent lawsuits as “despicable” and “deeply hurtful.” The suit claims Elvis may have been manipulated financially before his death, with ripple effects impacting Lisa Marie Presley’s estate.
In true rock ‘n roll fashion, the family clapped back hard, calling the claims “unfounded.” Honestly, it’s messier than a Graceland buffet line—but it underscores how the business of legacy is never just about money. It’s about protecting the brand of an icon.
Hollywood Incubators: The Rise of Star-Backed Brands
Want to launch a celebrity tequila line or vegan mascara empire but don’t have a business degree? No problem—just team up with an incubator. Shay Mitchell and John Legend are among the celebs cashing in on startup-style accelerators like Beach House and A-Frame to scale their brands.
These incubators handle the not-so-glamorous backend—product development, marketing, distribution—while stars just sprinkle their magic dust (read: Instagram following) on top. The result? A booming lifestyle brand without ever writing a business plan. It’s like Silicon Valley meets Hollywood, with better lighting and less fleece.
Celebrity entrepreneurship is thriving. Whether it's Ellen & Portia flipping castles, Sydney Sweeney reinventing jeans, or art advisors going full courtroom drama, Hollywood’s elite are diversifying faster than you can say “brand collab.”
Next time you roll your eyes at a celebrity skincare line, remember—they might be laughing all the way to the bank. Or at least to their next $30M estate in the English countryside. Stay tuned for updates and more in-depth coverage of your favorite celebrities and entertainment news! Create a free membership account with us today!
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References:
People.com. Ellen DeGeneres & Portia de Rossi's $190M House-Flipping Empire
Times of India. Sydney Sweeney & Travis Kelce Boost American Eagle
Business Insider. Legal Battle Between Celebrity Art Advisors
AOL.com. Shay Mitchell & John Legend Use Incubators for Brand Growth
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