What is Jessica Alba’s net worth?
How did Jessica Alba become a mogul?
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Mom, a wife, an actress, and an ethically-focused entrepreneur. . Jessica Alba has been through some things, but she came out the other side with a massive net worth and an incredible lifestyle brand to boot!
Though she has largely stepped away from the limelight to focus on The Honest Company (other than her 2019 TV comeback: L.A.'s Finest), Jessica’s net worth journey is too interesting not to examine.
Who is Jessica Alba?
Jessica Alba is an actress, CEO, Golden Globe nominee and... kidnapping survivor. She has been on camera since she was 13 years old. Alba appeared on the big screen for the first time in the 1994 comedy Camp Nowhere, and she’s also starred in Dark Angel, Flipper, The Fantastic Four, Into the Blue, Good Luck Chuck, The Love Guru, Honey, Spy Kids, and even a Machete movie. Despite her years of stardom, she didn’t earn all of her net worth by being on the big screen!
Jessica Alba really found her niche with her home goods, kids, baby, and lifestyle brand: The Honest Company. Recognizing a need for a more ethical, sustainable option in the home goods space, Alba jumped on the opportunity to really grow herself as an expert in that arena.
So, what is Jessica Alba’s net worth in 2021?
Though nobody is sure exactly how much of a stake Jessica Alba has in The Honest Company, most analysts guess that she holds about 15% of the company, meaning her pre-tax paper Honest stake is worth $150 million. Combining that with her previous income from acting, Jessica Alba’s net worth is currently $200 million.
How did Jessica Alba make her money?
Just looking at her IMDB credits, it’s clear some of her wealth came from her acting work, but the majority of Jessica Alba’s net worth comes from her shares of The Honest Company.
The Honest Company manufactures eco-friendly and ethical baby products, cleaning products, other household goods, and body care products. The company has revenues of over $150 million per year. In August 2014, after two multi-million dollar funding rounds, The Honest Company achieved a market valuation of $1 billion. Just one year later in August 2015, the company was valued at $1.7 billion.
Additionally, Alba launched a collection of skin care and beauty products in October 2015 called Honest Beauty. But it wasn’t always smooth sailing, Alba shared, “When your initial pitch is rejected as much as mine was, the thought of giving up altogether crosses your mind. Fortunately, being an actress prepares you well for rejection. I had to be patient to get that ultimate 'yes.' If I believe in something, one 'yes' is worth a million no's."
In October 2017, Honest Co. raised a Series E round of $75 million at a $1 billion valuation, 57% lower than its previous value.
What is Jessica Alba doing now?
Jessica Alba is the face of The Honest Company, as well as an actress and a mom. She’s a frequent member of the morning talk show circuit and her Instagram account is full of fun snaps of her family and calls for environmental and racial justice. It’s clear that Alba lives the values she espouses with her work for The Honest Company.
Alba also has three kids with her husband, Cash Warren, and you can tell that she LOVES her role as a domestic engineer.
She is always sharing how proud she is of her children, and she also has shared how she moves through the unfortunately ever-present “mom guilt”: “Don't be hard on yourself. Doing your best to be present wherever you are is what's important. Make time to eat healthy and stay active. It's worth it to recharge once a week: Get sleep, have a date night or girls' night in, and drink some wine.” Don’t mind if we follow your sage advice, Jessica!
Speaking of sage mom advice, here’s what she has to say about being a momtrepreneur (Did I just invent this term? Possibly. Look out for my upcoming trademark.), "Don't get overwhelmed trying to do everything at once. Lay out what you can get done now and what will take longer."
It’s amazing that she can balance so much, but we definitely appreciate hearing that even she isn’t so superhuman that she can just do it all without any effort.
How can I make money like Jessica Alba?
Find your niche and live your values! Seriously, Jessica Alba decided she was passionate about ethical beauty and household items. She helped create and run The Honest Company, and now, just by living her values of ethics and justice, she’s worth $200 million dollars.
I’m sure it helps to have a successful acting career before you start your business, if only to get used to hearing “no”, but the real key is always being comfortable with betting on yourself and not giving up on your passions just because they’re difficult to achieve.
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