Mary-Kate and Ashley Olsen are the much beloved child stars made famous for playing one single role at the tender age of 9 months of age on the eighties sitcom Full House. Unlike other child stars who have succumbed to the many temptations of fame, these two have parlayed their celebrity status into a huge empire.
As little girls, these twin sisters amassed a whole collection of movies under their tiny belts. They began appearing as separate characters in movies beginning with To Grandmother’s House We Go in 1992 when the girls were only six years old. From this single film followed the beginning of their company called Dualstar, which produced their following films. With this production company, they made a series of musical mystery videos called the Adventures of Mary-Kate and Ashley that met with great success. A second series of videos began in 1995 called You’re Invited to Mary-Kate and Ashley’s after their run on Full House came to an end.
Mary-Kate and Ashley Olsen became co-presidents of their company Dualstar on their 18th birthday. Not only was this company producing their movies and videos, it also marketed a variety of products with the girls’ names and likenesses including dolls, posters, fragrances, books and clothes. Once they took over control, this business-minded duo secured their future by extending into more products that appealed to their teenage market as well as home décor and fragrances. All in all, this brand has been sold in more than 5,300 stores worldwide.
One of the shared passions of Mary-Kate and Ashley Olsen throughout the years has been fashion. Gone are the days where their names were simply slapped on any old thing. These girls have an eye for fashion and the educations to back them up. They have launched a variety of different design lines that have received major accolades in the high-fashion industry – and most of these are for grownups! Some of their lines include StyleMint, The Row (who counts the first lady Michelle Obama as a major fan), Elizabeth and James and Olsenboye that is sold at JC Penney.
These two ambitious entrepreneurs have achieved the height of success in several different industries including entertainment, marketing, business, fashion, fragrance and design. They have consistently appeared on the “Celebrity 100” list released by Forbes magazine since 2002. Mary-Kate and Ashley Olsen have also had the honor of appearing on Forbes top 30 list of influential fashion moguls. In 2007, these young women had a joint estimated net worth in excess of $100 million, and were ranked as the 11th richest women in entertainment by Forbes.
These adorable little baby girls that many became so familiar with have grown into two brilliant entrepreneurs with a knack for making money as well as headlines. Their spunk and charm brought them into the spotlight, and their wise business choices and keen eyes for design have kept them there. Who knows what the future holds for these two in the years to come – every single door is open to them to explore their business senses.