Celebrities have always made more money from brand endorsements than from their movies, performances, or concerts. And the most well-known brands pay celebrities exorbitantly. The bigger the star, the more money it makes from endorsements. Celebrities can earn a lot of money through brand sponsorships, especially during pandemics.
A lot of companies spend a lot of money to their brand ambassadors. These celebrities can be seen everywhere, from Nike and Adidas sneakers to soft drinks like 7up and Coke. And brands reap a slew of benefits and excellent promotion strategies thanks to these celebs and their massive fan bases. We covered the highest-paid celebrity brand ambassadors as of 2021 in this post.
George Foreman
According to CNBC, George Foreman’s contract with the Foreman Grills is the finest of all time, following Michael Jordan’s contract with Nike. George Foreman, a former boxer, is now recognised as the ‘Boxing legend turned grilling maestro.’ Foreman Grills is his brand, and his net worth is $137.5 million.
David Beckham
David Beckham, who is married to Posh Spice, is a well-known soccer legend. In 2003, David Beckham signed a 160 million dollar lifetime endorsement contract with Adidas. Although he is retired, his brand allows him to earn a substantial number of money.
Beyonce
Beyoncé’s celebrity makes her one of the highest-paid brand ambassadors, not just in Hollywood but around the world. She signed a $50 million multi-year contract with Pepsi. Pepsi was looking for greater heights and was prepared to elevate the brand to new heights of popularity that went beyond television and print. And Beyoncé’s followers’ compassion for her made her the greatest suitor for Pepsi.
Taylor Swift
Taylor Swift struck a $26 million deal with Coca-Cola for Diet Coke in 2013. Taylor Swift’s celebrity has made her the finest brand ambassador for several companies.
