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10 failed celebrity businesses despite star power

The entrance to Planet Hollywood restaurant in Times Square is viewed on October 24, 2013 in New York City.

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Rich and famous ideas that went bust

Missteps of the rich and famous don't always end up on TMZ.

Celebrities have a long history of entrepreneurial ventures. But for every Newman's Own or Honest Co., there are several that have failed to take off. And while the failure rate doesn't seem to be higher than the national average for start-ups, because of the high-profile nature of the founders, the misses always seem a bit more notable. Call it a financial form of schadenfreude.

Sometimes, though, there's no getting around it: A celebrity-founded business doesn't just fail, it flames out in spectacular fashion. Here's a look at 10 whose problems were too grandiose to fly under the radar.

—By Chris Morris, special to
Posted 19 June 2015

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