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Jessica Alba not only a successful actress but also a businesswoman thanks to her brand, The Honest Company – but her estranged husband, Silver Warblerhe also has ties to the brand.
Alba, 43, founded the personal care brand in 2011 which started with a focus on baby products. 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. It was worth $1 billion at the time.
Two years later, Forbes estimated Alba’s net worth was around $340 million due to the success of The Honest Company. However, Forbes retracted their report in 2021.
“Even at the high end of the valuation range, Alba’s 6% stake (including options) would only be worth just under $100 million,” the announcement 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 put her on our 2016 list of America’s most successful self-made women.”
That same year, The Honest Company officially filed for an initial public offering on the stock market. The business was worth about $1.4 billion at the time. According to a 2021 SEC filing, Alba’s salary for the following year was set at $700,000.
Jessica Alba and Cash Warren
Monica Schipper/Getty ImagesAfter being behind the brand for more than a decade, Alba announced in April 2024 that she step down as Chief Creative Officer. She remains on the board of directors of the Honest Company.
“Building Honest has been a true labor of love,” he wrote via Instagram at the time. “From the first concept book I got to my friends in Mommy and Me class, to ringing the bell at Nasdaq with my family by my side – this journey has been the journey of a lifetime, one that only existed in my wildest dreams…”
At a time his exitThe Honest Company was worth $363 million. According to a December 2024 SEC filing, Alba and Warren, 45, both have voting and investment power as trustees over the shares held by the Warren Trust.
The Honest Company is currently valued at around $609 million, significantly less than the $1.7 billion it was valued at when it went public.
News broke earlier this week that Alba and Warren call it quits after 16 years of marriage. TMZ reported on Wednesday, January 8, that the pair preparing to file for divorce. Us Weekly reached out to representatives for Alba and Warren for comment at the time.