Honest Company, the consumer goods company founded by actress Jessica Alba, said it priced its initial public offering (IPO) on Tuesday slightly above the midpoint of its indicated range, raising $412.8 million. The company said late Tuesday that it sold 25.8 million shares at $16 each.
Is Jessica Alba a billionaire?
The Fantastic Four alum is worth an estimated $200 million, according to Celebrity Net Worth. When Jessica took The Honest Company public, she earned a one-time $2.6 million dividend, as well as her stake in the brand, per The Hollywood Reporter.
How much is The Honest Company by Jessica Alba worth?
In May 2021, just days after Alba’s 40th birthday, Honest went public via IPO at $16 per share, giving the company a $1.4 billion valuation. Today, shares are trading near $6, and the company is valued at roughly $550 million.
Does Jessica Alba still own Honest?
According to regulatory filings, Alba owns more than 5.6 million shares of The Honest Company (including 1.4 million stock options that will become exercisable this month). Those shares are worth just shy of $130 million at Wednesday’s closing price.
How much is Jessica Alba worth 2021?
Alba began her television and movie appearances at the age of 13 in ‘Camp Nowhere and The Secret World of Alex Mack’. She rose to prominence came when she was 19 years old as the lead actress of the television series ‘Dark Angel’.
|Net Worth:||$200 Million|
How rich is Jessica Simpson?
Jessica Simpson Net Worth
|Net Worth:||$200 Million|
|Date of Birth:||Jul 10, 1980 (41 years old)|
|Height:||5 ft 3 in (1.61 m)|
|Profession:||Singer, Actor, Singer-songwriter, Fashion designer, Businessperson, Television producer, Spokesperson|
How is Jessica Alba so rich?
Actress turned entrepreneur Jessica Alba co-founded the nontoxic-household-goods startup The Honest Company in 2011. The business began largely as an e-commerce subscription service for diapers and baby wipes but now sells over 100 products. Honest raised $100 million at a $1.7 billion valuation in 2015.
How much stock does Jessica Alba own?
According to the company’s most recent SEC filings, Jessica owns approximately 5.65 million shares of HNST. That’s roughly 4.8% of the company, which is a far cry from the roughly 30% she owned a few years back.
How much did Jessica Alba make today?
Jessica Alba Made $130 Million Today as Her Honest Company Went Public.
Is honest company profitable?
Gross profit increased 10% to $28.4 million or 35% of revenue, compared to $25.8 million or 36% of revenue in the first quarter of 2020.
What happened with Honest Company?
In 2016, Honest dealt with an issue surrounding the use of SLS in their detergent, and later that year, they were sued by the Organic Consumers Association for advertising their baby formula as organic — with the OCA alleging that it contained “11 synthetic substances prohibited under federal law in organic products.”