The Olsen Twins Invest in Cakes

Mary-Kate and Ashley Olsen have decided to diversify their investments and enter the world of confectionary.

According to In Touch magazine, the wealthy twins have spent $2 million on the Sweet Lady Jane cake company in Los Angeles.

The famous cake shop is well known in California and is the choice of many stars, including Jennifer Lopez and Bruce Springsteen.

Mary-Kate and Ashley Olsen want to be completely involved in their new company, and are already creating new cake recipes.