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Mary-Kate And Ashley Olsen Buys Cake Shop Sweet Lady Jane

The Actresses Invested $2 Million

The twin Danish-American actresses Mary-Kate Olsen and Ashley Fuller Olsen decided to invest a part of their money in the famous cake shop Sweet lady Jane.

Mary-Kate and Ashley, 19, who have appeared in television and films since the age of nine months, invested $2 million and are determined to get involved in all aspects of their new business, the two actresses even inventing new cake recipes according to American publication In Touch.

The Cake Shop Sweet Lady Jane is very famous in America, Jennifer Lopez, Bruce Springsteen and Carnie Wilson being among the celebrities who buy cakes from them.

Born in Sherman Oaks, California, the Olsens started their acting careers on the television series "Full House" in 1987.

Shortly after the end of Full House, they returned to the entertainment industry, riding the momentum of their role on Full House by heavily merchandising their image. Taking the world of tweens by storm, their names have become a very profitable industry, with their likeness seen in clothes, fragrances ,magazines, movies, posters, and even video games like Mary Kate and Ashley's Magical Mystery Mall.

Today, Mary-Kate and Ashley are popular figures in today's teen market, following along the lines of such Hollywood child stars as Shirley Temple, Ron Howard and Macaulay Culkin among others.

They starred in "The Adventures of Mary-Kate and Ashley" and the ABC show "Two of a Kind" (now rerun on ABC Family), as well as ABC Family's "So Little Time". They also have their own book series.