Mark Wahlberg turned 52 on June 5, and the actor celebrated with a pop-up of his clothes line, Municipal, in Boston. However earlier than he bought the enterprise bug, Wahlberg grew up in close by Dorchester, the place he started his profession within the early Nineteen Nineties in music with Marky Mark and the Funky Bunch and modeling with Calvin Klein.
The “Good Vibrations” saved coming for Wahlberg, whose breakout appearing function in Boogie Nights led to different main performances and dealing with Hollywood legends in motion pictures equivalent to The Departed.
Now, Wahlberg is the proud proprietor of a number of companies that span a wide range of industries together with health, meals, and even clothes. Wahlberg’s newest enterprise is popping Las Vegas into “Hollywood 2.0,” the place he’s constructing a “state-of-the-art” studio that can create 10,000 jobs, he informed Fox Enterprise.
“The typical wage can be $100,000 greater than what it’s now,” Wahlberg mentioned. The common pay for a studio technician in Nevada is at the moment $58,000. “We wish to prepare individuals each in entrance of and behind the digital camera, create jobs, most significantly, at the start, for locals,” Wahlberg added.
In his 2021 HBO Max docuseries Wahl Avenue, which he produced, Wahlberg mentioned he loves enterprise and entrepreneurship. “I feel, finally, on the finish of the day, I’ve bought the bug. I’ve bought the bug for enterprise, and I’ve bought people who find themselves, like, placing in components of their life financial savings, and betting their future on me and us,” he mentioned within the doc, including, “So I will work twice as laborious to ensure that I’m bringing one thing to the desk that is useful to different individuals.”
What number of companies does Mark Wahlberg personal? Hold scrolling for a glance behind the companies.
What are Mark Wahlberg’s companies?
1. Closest to the Gap
Wahlberg launched his manufacturing firm, Closest to the Gap, in 2004. Since then, the corporate has produced or co-produced greater than 15 movies together with the HBO sequence Entourage (2004–11), which was loosely based mostly on his personal life and rise to fame in Hollywood. In 2015, Entourage the film grossed round $49 million worldwide.
2. Unrealistic Concepts
Wahlberg created Unrealistic Concepts, an unscripted manufacturing firm centered on podcasts and documentaries, with documentary filmmaker Archie Gips and supervisor/producing associate Stephen Levinson in 2018. The corporate produced McMillon$, a few fraud scheme that plagued McDonald’s, and Wahl Avenue about Wahlberg’s life.
3. Wahlburgers
Wahlberg based the burger restaurant Wahlburgers in 2011 together with his brothers Donnie Wahlberg, generally known as a member of the long-time music group New Youngsters on the Block and CBS’s long-running drama “Blue Bloods,” and Paul Wahlburger, a chef.
The household enterprise was featured within the actuality present “Wahlburgers” on the A&E community from 2014 till 2019. At present, the enterprise has 50 places and $100 million in annual income.
4. Aquahydrate
Wahlberg invested in Aquahydrate, electrolyte-enhanced water, in 2012, per Meals Navigator-USA. Forbes reported in 2015 that Wahlburger invested within the model when it was in “tough form” by way of money stream and recruited different superstar traders together with Sean “Diddy” Combs to again the corporate. Collectively, Diddy and Wahlberg invested $20 million into the enterprise.
The model was later acquired by Alkaline Water in 2019. Following the acquisition, the corporate introduced in $15.9 million in internet income for the quarter ending in December 2022.
5. Efficiency Impressed
Wahlberg based an all-natural diet firm known as Efficiency Impressed in 2016 with business veteran Tom Dowd. The merchandise, together with protein powder, could be discovered at main retailers like GNC. The model reportedly generates $4 million in annual income.
6. Mark Wahlberg Auto Group
In 2018, Wahlberg opened a automobile dealership, Mark Wahlberg Chevrolet in Columbus, together with his buddy and Michigan auto seller Jay Feldman. Since then they’ve opened 4 extra dealerships throughout the Ohio space.
7. F45
Wahlberg purchased a pre-IPO stake in F45 — a series of gyms that focuses on HIIT-style exercises that purpose that can assist you burn 750 energy in a 45-minute session — in 2019 when the enterprise was valued at roughly $450 million, per Bloomberg. He owns a 1.73% stake within the firm, Reuters reported in October. Wahlberg grew to become the corporate’s chief model officer in March 2023.
The model generates $170 million in income with 2,042 whole studios throughout 74 nations.
8. Municipal
Wahlberg began his clothes line, Municipal, in 2020.
“We wished to create stuff that regarded cool, that match and felt nice, stuff that you can put on to work, you can put on it to work out and put on out at night time,” Wahlberg informed Rolling Stone. “We wished to create one thing that was a terrific worth proposition to each man and gal who’s on the market working laborious to be the most effective model of themselves, you already know?”
The model expects to develop within the billion-dollar athleisure business and proceed to extend gross sales by leveraging model consciousness with highschool sports activities and faculty athletes, in keeping with Forbes. The primary retailer is about to open in California in 2023. Though there’s no information on every other shops in the intervening time, the model lately opened a pop-up within the Boston space.
What’s Mark Wahlberg’s internet price?
With all of Wahlberg’s varied enterprise endeavors and his lengthy profession within the leisure business, it is no shock he’s price a heaping fortune. In 2020, Wahlberg’s reported fortune was round $58 million, garnering his spot on the 100 Prime Incomes Celebrities record for that yr. Nevertheless, more moderen experiences estimate his internet price to be nearer to $400 million on account of his nine-figure companies.