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From the Kardashians to the Trumps: Our Top 7 Favorite Family Businesses

Check out our list of 7 broods that made it big in America.

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Wednesday, July 27, 2011

From the Kardashians to the Trumps: Our Top 7 Favorite Family Businesses

Can’t get enough of the Kardashians, the Trumps and the Hiltons?  Inspired to start your own family business? Check out our list of 7 broods that made it big in America:

1. The Kardashians

The Kardashians have managed to create an enviable reality TV empire. Last year, the family reportedly made an astonishing $65 million with their main show, “Keeping Up with the Kardashians,” spin-offs like “Kourtney and Khloé Take Miami,” endorsements and products from books to perfumes to sunless tanner. Mom Kris Jenner gets the managerial credit, but where would they be without Kim’s sex tape?

2. The Trumps

Whether you’re a reality TV fan or a real estate investor, you’ve heard of Donald Trump, chairman and CEO of The Trump Organization and founder of Trump Entertainment Resorts. The Donald caught the real estate bug from his father, Fred Trump, whose company he took over in 1971. Today, Donald Trump employs his own children — Donald Jr., Ivanka and Eric — in his companies and on his NBC reality show, “The Apprentice.”

3. The Hiltons

Before she was a celebutante, Paris Hilton was an heiress — her great-grandfather, Conrad Hilton, founded the Hilton Hotels chain. Paris’s dad, Richard Howard “Rick” Hilton, is the chairman and co-founder of real estate firm Hilton & Hyland — but so far, Paris seems more interested in reality TV than the real estate world, and her sister Nicky Hilton is trying to make it as a fashion designer.

4. The Olsen Twins

Remember the tiny Olsen twins from “Full House”? (The ones who used to say “You got it, dude!”) Well, they grew up to be multi-millionaires, scoring a huge hit in the “tween” market with Mary-Kate and Ashley-themed clothes, books, fragrances, magazines, movies, posters and dolls. In 2007, Forbes cited their net worth at an estimated net $100 million, and in recent years, they launched their high-end fashion label, “The Row.”

5. Madonna/Lourdes Leon

Madonna was the biggest pop star of her day, breaking boundaries for women and paving the way for contemporary acts like Lady Gaga. Since the ‘80s, Madonna has managed to stay relevant not only by changing her sound but by transforming her look — and she seems to have passed on the fashion bug to her daughter, Lourdes Maria Ciccone Leon. In 2010, Madonna released the ‘80s-inspired “Material Girl” clothing line at Macy’s, which she designed with 14-year-old Lourdes.

6. The Smith family

Will Smith needs no introduction — in 2007, Newsweek called the “Men in Black” star the most powerful actor in Hollywood. Smith’s son Trey (from his first marriage) appeared in his father’s music video for the 1998 single “Just The Two Of Us” –– but his two kids with actress-wife Jada Pinkett Smith are the ones who are really following in dad’s footsteps. His son Jaden Smith, 13, had a box office hit with the recent remake of “The Karate Kid,” and his daughter Willow Smith, 10, had a massive single with “Whip My Hair.”

7. The Hefner Family

85-year-old playboy Hugh Hefner is synonymous with, well, Playboy, the lad mag brand he launched in 1953. Thirty-five years after he mortgaged his furniture to pay for the venture, his daughter, Christie Ann Hefner, became CEO, acquiring rival adult-oriented businesses like Spice. She stepped down from her position in 2009.

Who’s your favorite famous family?  Share below.

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