It seems as though being a socialite, actor or reality TV star basically guarantees a successful foray into the fashion, beauty and accessories realm. Almost everyday there’s a new announcement or buzz about celebrities becoming spokesmodels or designers for some of our favourite brands.

Teaming up with Mouawad, the same group that supermodel Heidi Klum partnered with to create her Van Clef-ish jewelry line, Nicole Richie announced to People Magazine that she will be launching her own line of accessories. The collection will consist of mix and match costume jewelry.

Also rumoured to be in the works: a clothing line with a focus on maternity wear, a children’s line and a new fragrance. As if having a newborn baby wasn’t work enough! I wonder if her BFF, Miss Hilton, is jealous?