Jessica Alba, actress and mother, is on the cover of Forbes Magazine’s “America’s Richest Self-Made Women” issue – and it is not because of her acting career.
At 34-years-old, Alba has been making lists like Maxim’s Hot 100, People Magazine’s Most Beautiful, and Playboy’s 25 Sexiest Celebrities since the early 2000's. And while Alba still remains a competitive contender for all those honors, the new list she’s featured on might trump them all.
From actress to entrepreneur, Alba co-founded the Honest Company (owning about 20 percent) in 2012 after having two babies with husband of seven years, Cash Warren. Faced with the impending purchase of baby products prior to her first daughter’s arrival in 2008, Alba found slim options when it came to obtaining safe and nontoxic products.
“I felt like my needs weren’t being met as a modern person,” Alba told Forbes. “I want beautiful design like everybody else. But it shouldn’t be premium-priced, and it should, of course, be safe.”
After Alba’s first daughter, Honor, was born, Alba continued starring in blockbuster hits including Valentine’s Day, Little Fockers and Machete – all 2010 releases. Alba and Warren welcomed their second daughter, Haven, in 2011. Just one year before her third baby, The Honest Company was born.
The Honest Company experienced a revenue increase of extraordinary proportions. Honest’s first year of selling products grossed $10 million in revenue and last year, the safety-conscious company reached $150 million. In 2015, The Honest Company is predicted to revenue at least $250 million, if not more.
Jessica Alba is approaching similar financial ranks of mega-celebrities like Oprah Winfrey, Beyoncé Knowles, and Judge Judy. Sources can estimate that with her acting career, and more importantly her entrepreneurial ventures, the savvy mogul is worth an approximate $200 million and is predicted to be the only woman so far who has made the list for reasons outside her original profession.
The enormously popular brand has now pushed the limits even further – expanding beyond baby products. Alba and company are actively involved in creating dish soap, kitchen cleaner, detergent, nipple balm, multivitamins, and tampons.
And even with her business-minded success, Alba keeps her acting career close to her heart. She’ll be starring in the 2016 action movie The Mechanic alongside Jason Statham.
If you’re looking for The Honest Company products, they can be found in Target, Whole Foods, Nordstrom, and honest.com.
And don’t miss Jess on the June 15 issue of Forbes Magazine, on stands now.