Jessica Alba Not only is she a successful actress, but also a businesswoman thanks to her brand The Honest Company – but her estranged husband, Cash Warrenhas links to the brand too.
Alba, 43, founded her personal care brand in 2011, which began by focusing on children's products. The Honest Company launched the following year with 17 products that were initially sold on its website and at various Whole Foods and Costco locations. It later expanded to include home care products.
In 2014, the brand was added to the shelves of Target, Buy Buy Baby and Nordstrom. As The Honest Company expanded, so did its profits. Its value at the time was estimated at one billion dollars.
Two years later, Forbes estimated Alba's net worth is approximately $340 million due to the success of The Honest Company. However, Forbes retracted its 2021 report.
Kevin Mazur/Getty Images for The Honest Company Jessica Alba got the idea for The Honest Company after realizing how many baby products contained petrochemicals and synthetic fragrances. While pregnant with her and husband Cash Warren's first child, daughter Honor, in 2008, Alba suffered an allergic reaction after pre-washing her clothes with a major brand of laundry detergent. (…)
“Even at the high end of the pricing range, Alba’s 6% stake (including options) would be worth just under $100 million,” the publication said at the time. “This is far less than the $340 million estimated by Forbes when we estimated her share at 20% and placed her on our 2016 list of the most successful self-made women in America.”
That same year, The Honest Company officially filed for an initial public offering on the stock market. The business was valued at approximately $1.4 billion at the time. According to a 2021 Securities and Exchange Commission filing, Alba's salary for the following year was set at $700,000.
Jessica Alba and Cash Warren
Monica Schipper/Getty ImagesAfter being behind the brand for more than a decade, Alba announced in April 2024 its support for the brand. Step down As head of the creativity department. She remains on the Honest Company's board of directors.
“Building Honest has been a true labor of love,” she wrote via Instagram at the time. “From the first concept book I showed my friends in Mommy and Me class, to ringing the bell at the NASDAQ stock exchange with my family by my side – this has been the journey of a lifetime, a journey that only existed in my wildest dreams…”
At a time Her exitThe Honest Company was valued at $363 million. According to a December 2024 Securities and Exchange Commission filing, both Alba and Warren, 45, have voting and investment authority as trustees for shares held by the Warren Trust.
If Cash Warren is being honest, he's more than proud of what his wife, Jessica Alba, has built with The Honest Company. “What she’s been able to accomplish with The Honest Company has been amazing and she’s still involved in it. “She’s still on board,” Warren, 45, exclusively told Us Weekly as he celebrated his 10th anniversary[…]
Currently, The Honest Company is worth about $609 million, well below the $1.7 billion valuation it had at the time of its IPO.
News broke earlier this week that Alba and Warren Call it quits After 16 years of marriage. TMZ reported on Wednesday, January 8 that husband They are preparing to file for divorce. Us Weekly I reached out to reps for Alba and Warren for comment at the time.
