Business ventures
Timberlake has co-owned or provided celebrity endorsement for three restaurants in the United States: "Chi" opened in West Hollywood, California, in 2003, and "Destino" and "Southern Hospitality" in New York opened in 2006 and 2007, respectively. In 2005, Timberlake launched the William Rast clothing line with childhood friend Juan ("Trace") Ayala. The 2007 line contained cord jackets, cashmere sweaters, jeans, and polo shirts. The pair reported inspiration from fellow Memphis resident Elvis Presley: "Elvis is the perfect mixture of Justin and I", Ayala says. "You can go back and see pictures of him in cowboy boots and a cowboy hat and a nice button-down shirt, but then again you can see him in a tux and a collared shirt with rhinestones on it and slacks. We like to think 'If he was alive today, what would he be wearing?'" Target later announced that a William Rast collection, including denim, outerwear, and sportswear for men and women, would launch for a limited one-month run in December.
In 2015, the clothing line earned him a Lord & Taylor's Fashion Oracle Award at the Fashion Group International's Night of The Stars Gala. An avid golfer who plays to a six handicap, Timberlake purchased the run-down Big Creek Golf Course in his hometown of Millington, Tennessee in 2007, which he redeveloped as the eco-friendly Mirimichi Golf Course at the cost of around $16 million. It was reopened on July 25, 2009, but closed again on January 15, 2010, for further improvements expected to take six months. In October 2011, Timberlake received the Futures Award at the Environmental Media Awards for his green-conscious golf course. It was reported on November 7, 2014, that Timberlake had sold Mirimichi to Three Star Leasing LLC for $500,000. In October 2018, Timberlake and Levi's debuted their collaborative clothing line collection "Fresh Leaves". In 2022, Justin Timberlake invested in Greenville, South Carolina par-3 golf course Greenville 3's.
Timberlake provides celebrity endorsement for many commercial products, this aspect of his business being managed by IMG since April 2008. Major endorsements in 2009 included Sony electronic products, Givenchy's men's fragrance "Play", the Audi A1, and Callaway Golf Company products, and in 2011, Myspace. In 2011, he teamed up with Capital One to announce the winners of the inaugural Capital One Cup in a six-minute advertisement, where he was repeatedly hit in the groin. In 2012, he hosted Walmart's annual shareholders meeting, saying, "I buy a lot at Walmart." In 2014, Timberlake partnered with Sauza Tequila to relaunch his own version of the beverage as part of the Sauza franchise: Sauza 901. In 2016, he became an investor in the beverage company Bai Brands. In 2017, Tiger Woods and Timberlake acquired an ownership stake in the Hurricane Junior Golf Tour. Timberlake and his wife, Jessica Biel, are minority owners of the Memphis Grizzlies.
Timberlake is an Air Jordan brand ambassador. His first collection with the brand, the Legend of the Summer collection, debuted on the co-headlining tour of the same name with Jay-Z. These sneakers have gone on to resell for upwards of $10,000. In the lead-up to his 2018 Super Bowl Halftime Show, Timberlake worked with famed Nike, Inc. designer Tinker Hatfield to design his own version of the Air Jordan 3. Timberlake debuted the shoe at the halftime show. Timberlake's performance was estimated to be worth $2.86 million in marketing for Nike and is credited with reigniting interest in the Nike and Air Jordan brands. Nike went on to release several colorways as part of the collaboration with Timberlake. In May 2022, Timberlake sold the rights to his entire musical catalog, around 200 songs he wrote or co-wrote, to Hipgnosis Song Management for $100 million. The deal covers only pre-existing work and not work he produces after the deal.
In October 2005, the Grammy Association presented Timberlake with an award for his humanitarian efforts in Tennessee, alongside writer/director Craig Brewer, also a Memphis native. In November 2007, he donated $100,000 from the proceeds of his Australian tour to Wildlife Warriors, founded by Steve Irwin. On March 23, 2008, he donated $100,000 to the Memphis Rock N' Soul Museum and another $100,000 to the Memphis Music Foundation.
On November 12, 2007, the PGA Tour announced that Timberlake would become the host of the tour's Las Vegas tournament starting in 2008. With Timberlake's agreement to host the tournament, its name was changed to the Justin Timberlake Shriners Hospitals for Children Open. He played in the celebrity pro-am on the day before the competitive tournament and hosted a charity concert during the week of the tournament. The activity was a success and was repeated in 2009. A review of the value of celebrities to fundraising concluded that Timberlake's contribution to Shriners Hospitals for Children was the single most valuable celebrity endorsement in the U.S. during 2009 and worth over $US9 million. However, in 2012, the event's chair, Raoul Frevel, told reporters Timberlake would no longer be involved in the event: "We tried everything we could to get him more involved with our kids and the hospitals. But it seemed that when the TV cameras weren't on, he disappeared."
Timberlake often participates in the American Century Championship and the AT&T Pebble Beach Pro-Am. Both annual tournaments raise money for a range of national and local nonprofits.
In late 2012, Timberlake and his wife Jessica Biel volunteered in Far Rockaway, Queens over the weekend after Hurricane Sandy. Joined by their friend Timbaland, the couple helped distribute backpacks of supplies to members of the community who were still struggling after the hurricane.
Timberlake has donated items for auction for several charities, including by Ten O'Clock Classics. In 2016, Timberlake was featured in a new version of "Where Is the Love?". The proceeds of the charity single will go to educational programs. In 2017, Timberlake and Eminem helped raise over $2 million for Manchester Arena bombing victims.