The former bassist and lyricist for Fall Out Boy, Wentz, 31, has also proven himself to be an astute businessman. He co-owns a string of nightclubs in New York, Chicago, Barcelona and Los Angeles, all called Angels & Kings.
He also heads up the five-year-old Clandestine Industries, a clothing business that will soon release a new line of graphic t-shirts, embellished hoodies and other casual wear.
In 2005, Wentz founded the record label Decaydance, which represents artists including Panic at the Disco and Cobra Starship.
"What lies in the heart of the company is that we're artist-friendly," Wentz said. "We're constantly fighting for our bands, whether it's for a bigger video budget or maybe bringing in outside money."
Russell Simmons, in his new book, 'Super Rich,' says spiritual enlightenment is the path to small business success. More
|Trouble in Big Food: America's cereal, soda and soup companies are in turmoil|
|Bratz maker gives up on Toys 'R' Us|
|Former Seth Rich family spokesman files lawsuit against individuals, media outlet he says defamed hi|
|Obamas will be on and off camera in unique Netflix deal|
|Consumer Reports: We can't recommend Tesla's Model 3|