Alba co-founded The Honest Company, a non-toxic baby and household-goods brand that went public on Nasdaq in 2021, and remains its most visible shareholder.
- When
- Co-founded (launched 2012) with Christopher Gavigan, Brian Lee and Sean Kane; Alba served as chief creative officer.
- Why
- As a new parent she couldn't find safe, well-designed, reasonably priced products and decided to make them herself.
- Status
- IPO'd on Nasdaq in May 2021 at $16/share, raising about $413 million and closing its first day at $23 (up 44%) for a roughly $2.1 billion market value; Alba's stake was worth about $130 million. She stepped down as chief creative officer in April 2024 but remains on the board.
Forbes, 2021 ↗Yahoo Finance, 2021 ↗CBS News, 2024 ↗Full Jessica Alba profile →