So according to this article Ivanka Trump's (daughter of Donald Trump) fashion and jewelry business is expected to bring in $230 million this year. All I can say is WOW! A few more years and she should be a billionaire herself from that (a business that makes less a billion in revenue can still be valued at over a billion). Ivanka says her goal is tobuild it into a billion-dollar brand.
Ivanka has been able to accomplish this I think due to a few things:
1) The daughter of a billionaire (probably easier for things like a bank loan if you need it)
2) The Apprentice - by appearing her father's TV show, "The Apprentice," she has been able to build up a large fan base. Millions of people now know who she is.
3) Celebrity - Ivanka didn't come up with any brilliant product that caught on so much as she made sure to come up with quality products with her name attached, and because of who she is, and the celebrity she has cultivated, she is able to have a lot more notoriety for her brand.
4) Her looks - Ivanka is one of those very exoting looking blondes, and I am sure that helps with her notoriety. She wouldn't generate the same celebrity if she was a plain Jane, if you will.
But that's still quite an accomplishment, she will be a billionaire independent of her father if she keeps up the good work. It's neat, how being a billionaire used to really be a BIG deal, and I mean it still is, but there's so many billionaires these days, that becoming a billionaire seems kind of like what being a millionaire used to be back in the 1800s and early 20th century. If you could just make yourself worth $1 million back in those days, you were really really wealthy. Again don't get me wrong, being worth say $100 million or $200 million or even $50 million today is very sweet, $500 million or $600 million is incredible money too, but billionaires seem a lot more ubiquitous now.
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