In 2011, Jessica Alba founded The Honest Company which sells baby, beauty, and cleaning products that are created using careful ingredient selection to ensure the products are as safe for the human body as possible, (via Honest). Alba decided to create products free from synthetic fragrances and synthetic chemicals after breaking out in hives from detergent her mother recommended, per Vanity Fair. At the time, Alba was washing baby clothes for her unborn first child and became concerned when she realized this could have happened to her baby. This led her to realize, "[She] wanted safe and effective consumer products that were beautifully designed, accessibly priced, and easy to get."
In 2014, the company earned a $1 billion dollar private valuation, (via Celebrity Net Worth). The company has continued to grow and made its debut as a public company on May 5. The company's shares debuted at $21 dollars and ended the first day at $23, earning the company a public market valuation of $2.7 billion dollars. Alba currently earns 5.65 million shares of The Honest Co. which makes her stake officially $130 million dollars.
According to Celebrity Net Worth, Alba's net worth as of 2021 is $200 million dollars. However, that amount is sure to increase as Alba continues to star in high profile projects and The Honest Company has the potential to keep growing in value.
