Neither Coca-Cola nor coffee: how did a cheap and popular drink in Brazil make Madonna increase her billion-dollar fortune?

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Neither Coca-Cola nor coffee: did you know that Madonna managed to increase her billionaire fortune with a rather cheap and popular drink in Brazil? The manager of the queen of POP, this is already in our country to introduce yourself on Copacabana Beach next weekendsays she’s such a fan of coconut water that she’s invested nearly $1.5 million in a company that makes the drink.

Madonna’s manager, Guy Osearysaid the owner of the single “Material Girl” invested in Vita Coco and also convinced other celebrities to invest in the New York-based company.

Among the celebrities who bought shares in the coconut water producer were movie stars Matthew McConaugheywhat is it married to Brazilian model Camila Alvesand Demi Moore. In addition to them, the singer Anthony Kiedisby the Red Hot Chili Peppers.

The celebrity investments, along with an investment from Oseary, are estimated at less than $10 million, but represent a minority stake in Vita Coco. Oseary said one of the company’s strengths is its independence. “The fact that they say no to everyone who wants them is really nice. You want to go to the party that no one else is invited to,” she said.

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Source: Terra

Amanda

I am Amanda Gans, a motivated and ambitious professional in the news writing industry. With over five years of experience in this field, I have developed an eye for detail and an ability to craft stories that captivate readers. I currently write for Gossipify, where I specialize in beauty & celebrities news. My passion lies with exploring the world of beauty through writing, interviewing experts and developing articles that are both informative and entertaining.