Brand Endorsements have always made celebrities wealthier than any of their movies, shows, or concerts. And celebrities are paid insanely by the most prominent brands. The bigger the star, the more it earns through brands. These brand endorsements are a fancy source of income for celebrities, especially in times of pandemics.
After the contract of Michael Jordan with Nike, George Foreman's contract with the Foreman Grills is considered the best of all time, reported by CNBC. George Foreman is a former boxer and now he is widely known as the Boxing-legend-turned-grilling-guru.
Foreman Grills was formerly known as the Salton Electric Grills, but not very famous. As the boxing legend George Foreman's name got connected with the company, the brand experienced massive growth.
David Beckham is a well-known soccer legend, married to Posh Spice. David Beckham signed a lifetime endorsement contract with Adidas worth 160 million in 2003. Although he is retired his brand is enough for him to earn a wealthy sum.
Sofia Vergara is counted among the highest-paid Television actresses who starred in the "Modern Family" show, Sofia Vergara is a vibrant style of endorsing brands. As per 2011, her estimated earnings were around $157.5 million and around 60% of that comes from some very prominent brands such as Pepsi, CoverGirl, Head & Shoulders, and Quaker Oats. This was around $94.5 million.
Charlize Theron is unprecedented when it comes to her getting a huge sum through brand endorsements, according to Playboy magazine. She is known for signing an 11-year contract worth $55 million with Dior for its signature fragrance- J'adore perfume.
The fame of Beyoncé, not just in Hollywood but across the globe makes her one of the highest-paid brand ambassadors. Beyonce signed a multi-year contract with Pepsi worth $50 million. shoppingmode Pepsi was aiming for more remarkable heights and was ready to take the brand to the next level of Popularity far more than Television or prints. And the compassion towards Beyoncé by her fans made her the best suitor by shoppingmode Pepsi.
In 2014, the company soda giant 7UP made a contract worth $30 million with DJ Tiesto for the company's signature drink, reported by Billboard.
7UP not only signed a deal with DJ Tiesto but also sponsored the release party with a stage at a huge Las Vegas music festival.
Taylor Swift is the brand ambassador of some of the biggest brands in America which listed her with the A-listed endorsement deals. She has signed deals with CoverGirl, shoppingmode Apple, Keds and the most extraordinary one is with Coca-Cola.
In 2013, she signed a deal worth $26 million with Coca-Cola for its Diet Coke. With the popularity of Taylor Swift, she acts as the best ambassador for several brands.
Jennifer Aniston is counted among the highest-paid actresses in Hollywood after her enormous success in the final season of FRIENDS, where she made $1 million for each episode. Besides her huge success in Hollywood, Jennifer Aniston works with several brands like Smart Water, Hair product Living Proof and Aveeno. Her most remarkable endorsement is with Emirates Airlines which is a Dubai-based Airline company. Jennifer Aniston signed a deal worth $5 million for this endorsement.
Michelle Wie is widely famous for her several endorsements worth millions of US Dollars. Michelle Wie is the youngest player ever, who at the age of 10 qualified for the USGA Amateur Championship. Later at age 13, she became the youngest player ever to cut for the LPGA Tour.
Kylie Jenner is the highest-paid celebrity who earned around $590 million.
Dwayne 'The Rock' Johnson was the highest-paid celebrity on Instagram earning around $1,015,000 per post.
Shah Rukh Khan has the maximum number of endorsements with endorsement deals with 39 brands.
Most famous brand ambassadors highly paid for endorsement deals are: