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Jessica Alba she is not only a successful actress, but also an entrepreneur thanks to her brand The Honest Company — but her estranged husband, Cash Warrenalso has brand links.
Alba, 43, founded the personal care brand in 2011, which began with a focus on products for children. The Honest Company launched the following year with 17 products, initially sold on its website and at various Whole Foods and Costco locations. It later expanded into 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. At the time, it was valued at $1 billion.
Two years later, Forbes estimated Albino’s net worth was around $340 million thanks to the success of The Honest Company. However, Forbes retracted its report in 2021.
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. When Alba was pregnant with her husband Cash Warren’s first child, daughter Honor, in 2008, she suffered an allergic reaction after prewashing her laundry with a regular brand of laundry detergent. (…)
“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 her share at 20% and included her on our list of America’s Most Successful Self-Made Women of 2016.”
That same year, The Honest Company officially filed for an initial public offering on the stock market. The business was valued at around $1.4 billion at the time. According to the 2021 SEC filing, Alba’s salary for the following year was set at $700,000.
Jessica Alba and Cash Warren
Monica Schipper/Getty ImagesAfter standing behind the brand for more than a decade, Alba announced in April 2024 that she did resign as chief creative officer. He remains on the board of Honest Company.
“Building honesty was a true labor of love,” she wrote on Instagram at the time. “From the first concept book I pitched to my friends in a Mommy and Me class, to ringing the bell at the Nasdaq with my family by my side, this journey has been the ride of a lifetime that only existed in my wildest dreams…”
At the time her exitThe Honest Company was valued at $363 million. Alba and Warren, 45, have voting and investment power as trustees of shares held by the Warren Trust, according to a December 2024 SEC filing.
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 done with The Honest Company is amazing, and she’s still involved. He’s still on the board,” Warren, 45, told Us Weekly exclusively as he celebrated 10 years of his own life (…)
The Honest Company is currently valued at around $609 million, which is significantly less than the $1.7 billion valuation it had when it went public.
Earlier this week, reports surfaced that Alba and Warren he called it quits after 16 years of marriage. TMZ reported on Wednesday, January 8 that pair are about to file for divorce. My Weekly reached out to representatives for Alba and Warren at the time for comment.
