Jessica Alba has appeared on TV and in the movies for almost three decades, but she admits to being nervous when she stood on the global stage on May 5, 2021 ringing the opening bell at the NASDAQ to mark The Honest Company's highly-anticipated entrance into the stock market. The company sells household, personal,baby and beauty products with natural, organic, eco-friendly and ethical formulas. The Honest Company is Alba’s baby, and over the past decade, it has grown far beyond her and her partners expectations, boasting a current valuation of $1.5 billion. That figure means Alba, who reportedly owns between 15% and 20% of the company, may be sitting on a fortune of $200 million. She's on her way to earning a spot on Forbes' new ranking of America's Richest SelfMade Women -- just $50 million shy of Beyoncé and Judge Judy, who are tied at number 49. Alba began to form the idea for her “clean and non-toxic” brand in 2008. By 2011, her company was selling cute, affordable diapers free of harmful chemicals online and later on, in stores like Target. In 2012, Honest hit $12 million in revenue. Today, the company offers a range of 99 personal care, beauty, baby, and household products that are free from "a list of over 2,500 chemicals /materials we choose not to use," according to the brand website, and the products are available online and in more than 32,000 retail locations across the United States, Canada, and Europe. Last year, sales were estimated at around $350 million. It all began when Alba broke out in a rash after hand washing some of the “onesies” that she was gifted at her baby shower. As a child, she had suffered from various illnesses, allergies, and ailments which often sent her to the doctor’s office and the ER, and she wanted to try and spare her child from harmful chemicals and any adverse reactions. As a result, according to Forbes she spent many “late nights on Google and Wikipedia researching the contents not just of the offending detergent but also of everything in her bathroom cabinet and under her kitchen sink. What she found terrified her: petrochemicals, formaldehydes and flame retardants in everyday household products from floor cleaners to mattresses.” Jessica Alba S AL U D O S H I S PAN O S
RkJQdWJsaXNoZXIy NzU3OTQ=