What is Jessica Alba’s net worth?
Jessica Alba has a net worth of $200 million as an actress and businesswoman in the United States. She is best known for her roles in films like “Fantastic Four” and “Good Luck Chuck,” as well as being the co-founder of The Honest Company, a company that sells household and baby items.
Jessica owned 5.56 million shares of The Honest Company on the day it went public in May 2021. (including options). Her investment was worth $130 million before taxes at the public debut price of $23.
Early Life and Career Beginnings
Jessica Marie Alba was born on April 28, 1981, in Pomona, California. She has Danish, Welsh, German, English, and French ancestors through her mother, whereas her father’s lineage is Mexican. Joshua, her younger brother, is her only sibling. Because of her father’s military career, she grew up in Biloxi, Mississippi, and Del Rio, Texas, before settling in Claremont, California, when she was nine years old. She entered the Atlantic Theater Company after graduating from Claremont High School at the age of sixteen.
Alba was able to persuade her mother to take her to an acting competition when she was eleven years old, after expressing an interest in acting since she was five years old. She won the grand prize of free acting lessons and was signed by an agency nine months later. Alba made her acting debut at the age of thirteen, with a minor role in the 1994 film “Camp Nowhere” and a brief recurring role on Nickelodeon’s “The Secret World of Alex Mack.” She also starred in two national television ads for Nintendo and J.C. Penney when she was younger.
Alba rose to prominence as the lead actress on the television series “Dark Angel” from 2000 to 2002 when she was nineteen years old, after her early acting endeavors. She won a Golden Globe for her role as the genetically created super-soldier, as well as a Teen Choice Award for Choice Actress and a Saturn Award for Best Actress for her performance. Her big break came in 2003 with the film “Honey,” and she swiftly established herself as a top actress on the Hollywood A-List. “Fantastic Four” (2005) and its sequel “Fantastic Four: Rise of the Silver Surfer” (2007), “Good Luck Chuck” (2007), “The Eye” (2008), “Valentine’s Day” (2010), “Little Fockers” (2010), and “Mechanic: Resurrection” (2011) are among her other movie office hits (2016).
Alba is also recognized for collaborating with director Robert Rodriguez on a regular basis. He directed her in a number of films, including “Sin City” (2005), “Machete” (2010), “Spy Kids: All the Time in the World” (2011), “Machete Kills” (2013), and “Sin City: A Dame to Kill For” (2014). (2014). Alba has been starring with Gabrielle Union as an LAPD detective in the Spectrum action crime television series “L.A.’s Finest” since May 2019.
The Honest Company
Alba is the co-founder of The Honest Company with her partner Christopher Gavigan outside of performing. The Honest Company creates environmentally friendly baby products, cleaning products, other household goods, and personal care items. The company employs over 275 employees and has annual revenues of more than $150 million.
The company raised $72 million in August 2014 (on top of the $52 million it had raised previously) and was valued at $1 billion.
The company was valued at $1.7 billion in August 2015. Alba owned around 20% of the company at this point. That means her stock was worth almost $200 million before taxes at the time. The company secured $75 million in a Series E round in October 2017 at a $1 billion valuation, which was 57 percent lower than its previous value.
Alba had 5.65 million shares, or around 6.2 percent of The Honest Company, when it went public in May 2021. Alba’s stake was worth $130 million on paper at the company’s IPO price of $23.
Alba met and began dating her co-star Michael Weatherly while filming “Dark Angel.” On her 20th birthday, Weatherly proposed to her, and she accepted. However, in August 2003, the couple announced their separation. Alba met film producer Cash Warren, the son of actor Michael Warren while filming “Fantastic Four.” Alba gave birth to their daughter Honor Marie Warren in May 2008, the same year they married. The baby’s first photographs were reportedly purchased for $1.5 million by OK! Magazine. Haven Warren, the couple’s second daughter, was born in 2011 and a son was born in December 2017.
Purchasing Real Estate
Alba paid over $10 million for a Beverly Hills property from film producer and Hollywood executive Mike Medavoy in early 2017. Alba and her husband Warren worked with interior designers Kathleen and Tommy Clements of Clements Design to execute substantial modifications on the house. Alba’s father, a real estate agent, reportedly assisted the couple in purchasing the home, according to TMZ. The house, which is located within the private and gated Oak Pass Road enclave, is just next door to restaurateur and reality star Lisa Vanderpump’s home, but it’s not only the star-studded location that makes Alba’s recent purchase a terrific discovery.
The 1.85-acre estate features a traditional-style home that is reminiscent of a classic Hamptons classic, especially in terms of its airy, open interiors. Despite the fact that the house was originally offered for approximately $11 million, Alba was able to negotiate a price of $9.948 million. The house was last sold in 2011, when Medavoy bought it for $6.425, indicating that he made a tidy profit on the Beverly Hills property.
The estate’s vast lawn and swimming pool area is beyond the two-story guest house, which is linked with a three-stall garage. The backyard is notable for being paparazzi-proof, which is almost a prerequisite in the celebrity-studded Oak Pass Road neighborhood. Other noteworthy neighbors include Jon Voight, Channing Tatum, and Demi Moore, in addition to the Vanderpumps.