Jessica Alba Not only a successful actress, but also a businesswoman thanks to her brand, The Honest Company — but her estranged husband, Cash WarrenThere are also links to brands.
Alba, 43, founded the personal care brand in 2011 with a focus on baby products. The Honest Company launched the following year with 17 products sold primarily on its website and at various Whole Foods and Costco locations. It later expanded to home care products.
In 2014, the brand was added to Target, Buy Buy Baby, and Nordstrom shelves. As the honest company expanded, so did its profits. It was then valued at $1 billion.
After two years, Forbes approx Alba's net worth was around $340 million due to the success of The Honest Company. However, Forbes retracted their report in 2021.
Kevin Mazur/Getty Images Jessica Alba got the idea for The Honest Company after realizing how many baby products contained petrochemical and synthetic fragrances. While pregnant with her and husband Cash Warren's first child, daughter Honor, in 2008, Alba suffered an allergic reaction after prewashing with a mainstream laundry detergent brand. (…)
“Even at the high end of the price range, Alba's 6% stake (including options) would be worth just under $100 million,” the publication said at the time. “That's far less than the $340 million Forbes estimated she was worth when we estimated 20% of her shares and put her on our 2016 list of America's Most Successful Self-Made Women.”
That same year, The Honest Company officially filed for an initial public offering on the stock market. The business was then valued at about $1.4 billion. Alba's salary for the following year was set at $700,000, according to an SEC filing in 2021.
Jessica Alba and Cash Warren
Monica Schipper/Getty ImagesAfter more than a decade behind the brand, Alba announced in April 2024 that she was resignation As Chief Creative Officer. He remains on the board of directors of the honest company.
“Building Honesty has been a true labor of love,” she wrote via Instagram at the time. “From the first concept book I held to my friends in Mommy and Me class, to ringing the bell at Nasdaq with my family by my side—the ride was the ride of a lifetime, one that only existed in my wildest dreams…”
at the time of his departureHonest Company was valued at $363 million. Alba and Warren, 45, both have voting and investment power as trustees over Warren Trust shares, according to a December 2024 SEC filing.
If Cash Warren is honest, he's proud of what his wife Jessica Alba has created with The Honest Company. “What he was able to do with The Honest Company is amazing and he's still involved. He's still on board,” Warren, 45, told Us Weekly exclusively while celebrating 10 years of his own (…)
Currently, Honest Company is valued at about $609 million, significantly lower than its $1.7 billion valuation at the time of publication.
News about Alba and Warren broke earlier this week Call it quits After 16 years of marriage. TMZ reported that on Wednesday, January 8 the pair Preparing to file for divorce. our weekly Reps for Alba and Warren were reached for comment at the time.