Did you know Jessica Alba was company cofounder of The Honest Company?
Did you know that The Honest Company has earned Jessica a fortune of about $200 million so far?
We didn’t…but we do now!
via FORBES:
Details and hard work. Alba laughs
about how she once worked an 86-hour week as the star of James Cameron’s
sci-fi TV series, Dark Angel — the series that launched her career.
Now, she says, she spends those 86 hours at a vintage teal blue desk,
overseeing marketing and brand development for a company that feeds a
growing demand for safe, nontoxic products, particularly among young
helicopter parents who treat children — and what goes near or inside
them — like porcelain.
Safety sells. The Honest Company has
experienced an absurd level of growth. In 2012, its first year selling
products, it hit $10 million in revenue. By last year it was $150
million, and industry insiders are predicting over $250 million this
year. The company is focused on growth over profits, boasting a current
valuation to match: $1 billion.
That figure means Alba, who owns
between 15% and 20% of the company, according to a source with knowledge
of her investment, is sitting on a fortune of $200 million. She’s on
her way to earning a spot on FORBES’ new ranking ofAmerica’s Richest Self-Made Women,
just $50 million shy of Beyoncé and Judge Judy, who are tied at number
49. The only other two celebrities to make the inaugural list are Oprah
and Madonna. The difference is that foursome made their money in their
core field, media and music. Alba, at a young age, has done it in a
completely unrelated industry. But ask Alba and she’ll tell you she and
Honest are just getting started. “If we really want to make a difference
in the world and people’s health, it’s billions and billions of
dollars, not just one,” she says, surveying the open-plan company floor
from a conference room above its wooden rafters.
How inspiring! It just goes to show you that you never know where
your journey will take you. The most important thing is that you keep
moving forward!To read more on how Jessica built her company, click here.
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