Failed celebrity businesses are shockingly common. Despite the media painting them as bastions of perfection, celebrities are as likely to fail at a new business venture as any of us. While plenty are successful, such as George Foreman's line of grills, many celebrity businesses go nowhere fast.
Hulk Hogan tried to open up a pasta joint, which failed miserably. Paris Hilton launched a clothing line where half the clothing featured her face. That also failed fast. Curt Schilling ran a video game company, whose failure was surprisingly not because he didn't make any baseball games. The list goes on and on, with each failed celebrity business re-teaching the lesson that just because people are famous for one thing, they're not automatically going to be any good at something else.Below are 15 of the biggest failed celebrity businesses ever, the kind whose failure will haunt the celebrity forever. At least until they count the money they made from being successful at their day job. Big bank accounts tend to dull the pain, though we can still laugh at their failures. And the best part is, since a famous person never seems to learn their lesson, there are bound to be more failed celebrity businesses down the line for us to mock. The fun never ends!
Pastamania (Hulk Hogan)
In 1995, famous professional wrestler Hulk Hogan decided to branch out into the Italian food business, founding Hulk Hogan's Pastamania. The restaurant didn't even last a year, as sub-par food (Mmm, Hulkaroos), and the fact that only the most die-hard Hogan fan would even bother making the trip to Minnesota to sample the stuff, sealed its fate.
XFL (Vince McMahon)
Vince McMahon, owner of the World Wrestling Federation, felt that football was getting too soft. Therefore, he started up the Xtreme Football League, a rough-and-tumble version of the game that promoted no rules and no mercy. Unfortunately, there was also no talent, as the players simply were not very good at football. Add in the head-scratching decision to incorporate wrestling-style storylines into the games (which the coaches wanted absolutely no part of), it's little wonder that the league only lasted one season.
In 2006, longtime video game fan (and occasional World Series winner) Curt Schilling launched 38 Studios, his very own game company. They released exactly one game before folding in 2012, due to their inability to pay back the $75 million loan they received from the state of Rhode Island. As it turns out, running a game company is really, really expensive. see more on 38 Studios
Angels and Kings (Pete Wentz)
Troubled Fall Out Boy bassist Pete Wentz opened a bar called Angels and Kings in 2007, which only lasted a few years until closing down in 2012. The decision to close down came after getting cited three times for selling alcohol to minors.