How much is Jessica Alba worth?
| Net Worth: | $50 Million |
|---|---|
| Profession: | Professional Actress |
| Date of Birth: | April 28, 1981 (age 41) |
| Country: | United States of America |
| Height: | 5 ft 6 in (1.69 m) |
About Jessica Alba
The Alba family lived in both Biloxi, Mississippi as well as Del Rio, Texas, since her father had his Air Force career there. Afterwards, when Alba was 9 years old, they settled in Claremont, California. She was raised in a family with strong conservative values, like most other traditional Catholic Latin families. Since an early age, she self-identified as a feminist as she was always very liberal, unlike her family.
When she was 12, Jessica won a competition for free acting classes and found an agent soon after. As a teen, she modeled and appeared in commercials before her first film role in Camp Nowhere. After which, she was cast in a television gig on the series remake Flipper, which included her relocating to Australia for two years.
As a child, Alba faced a lot of illnesses growing up. This made her become more isolated from most of her peers since most of the time she was hospitalized. Alba suffered from partially collapsed lungs twice, tonsillar cyst, and ruptured appendix. Jessica also suffered from asthma and pneumonia 4 to 5 times a year. When Alba was 16, she graduated from Claremont High school. Subsequently, after graduating she attended the Atlantic Theater Company.
She paid her dues with guest spots on TV and small film roles before landing her big break in James Cameron’s television series Dark Angel, playing a genetically enhanced superhuman hiding from government agents. She was nominated for a Golden Globe for the role in 2001.
The show lasted two seasons, leaving her free to pursue a film career. She starred in a few flops, like the straight-to-video The Sleeping Dictionary and dance drama Honey, but her popularity was steadily rising all the same thanks to her many appearances on “Most Beautiful” lists.
In 2005, her smoldering bod and dancing ability came in handy when she starred as a stripper in the movie adaptation of Frank Miller’s gritty comic book, Sin City. She appeared in another comic book blockbuster that year when she played Sue Storm, AKA the Invisible Woman, in Fantastic Four. She reprised the role in 2007 in Fantastic Four: Rise of the Silver Surfer.
Jessica Alba met her current husband, Cash Warren during the filming of the movie, Fantastic Four, in 2004. In May of 2008, in Los Angeles, they were officially married. They have a son and two daughters. Her daughters were born in June 2008 and August 2011 respectively, and her son was born in December 2017. She earned $1.5 million from her first daughter’s pictures OK! Magazine in July of 2008.
The Honest Company
Apart from her successful career as an actress, Jessica Alba has built tremendous wealth and been able to flourish in entrepreneurship. She has been the CEO and co-founder of The Honest Company since 2012. It initially started by selling baby products and household items, later on, the company diversified into selling other products.
“I did research when I was pregnant with my first daughter and was horrified by the chemicals in products, even those meant for babies. I would have to go to 50 different places just to get my house and my kid clean,” Alba has said. “Launching products is easy–it’s building it, finding the right manufacturers, getting the design right, and all of the marketing that is hard,” she has added.
In 2015, she raised $72 million making her total raised capital at $128 million. The money was raised at a $1 billion dollar company valuation. A year later, the company introduced The Honest Beauty line, followed by a hair products line and a skincare line. Alba was soon listed as one of America’s richest entrepreneurs under 40, by Forbes magazine.
On the day The Honest Company went public in May 2021, Jessica owned 5.56 million shares of the company (including options), equal to around 6.3% of the company. At it’s public initial price of $23, it has been reported that her stake was worth $130 million before taxes. As of July 2022, with a stock price of around $3.70 her shares are worth around six times less than they previously were. If she has not sold any shares, then her current holdings would equal around $22 million dollars. If she was to sell them she would incur trading fees and would be liable for tax on her capital gains.
The Honest Company reportedly employs over 275 people and has revenues of $150 million per year.
Alba’s Total Net Worth
Jessica Alba has made several appearances in top box office movies. She is a feminist and this inspired her role in different films such as in Dark Angel television series, and The Fantastic Four. Her beautiful looks have also kept her popular and present in mind, despite her acting career having mostly ended almost a decade ago.
Alba has earned money from her acting career, as well as through her endorsements and appearances in talk shows. She has also earned through her work as a film producer and a cinematographer. Between 2019 and 2020 she appeared in the TV series L.A.’s Finest.
In total, it is estimated that she has earned $45 million from her acting work. That includes all of her appearances that she has made as herself. It does not include her endorsements, including with Revlon, which has added an estimated $10 million dollars to her earnings. In total, her career income is estimated to be around $55 million.
Of that amount, $5-6 million is expected to have been paid in business related costs. The remainder, $49.5 million, will have been taxed at 49% as Alba has been residing in the state of California. After tax, it is estimated that her career earnings are at around $25.24 million dollars, having paid $24.26 million dollars in taxes.
Jessica Alba married film producer, Cash Warren in 2008. They remain together and have had three children together. In her personal life, Alba has remained composed and has advocated for various causes. She has also disagreed with the Catholic church’s condemnations of premarital sex and homosexuality.
Alba likes to spend time with her children and in terms of new acting roles, she has said “the time I’m not spending with my kids has to be worth it, so when I sat down with my agents after I was ready to go back to work, I told them: It’s all about the directors.”
More recently, since 2012, Alba has been investing more of her efforts in her business, The Honest Company. The baby products and household items company started strong, at one point with a $1 billion dollar valuation. On the day that the company went public, Alba’s stock was worth a reported $130 million. Today however, as of July 2022, it is worth closer to 1/6 of that amount. The stock crashed from $23 to around $3.70. Her stock is worth an estimated $22 million.
In her personal life Alba has likely spent $4-5 million dollars of her career earnings but also probably possesses assets valued at around $1-3 million, not including investment assets. In her investments, not including The Honest Company, she may have earned investment returns of $4-6 million dollars. Therefore, it is estimated that Jessica Alba has a net worth of around $50 million dollars.
Summing-Up
From her early days of being raised in a conservative Latin family, Jessica Alba dared to be different. She took on her acting career and became really successful. Despite facing a lot of physical maladies, she still managed to breakthrough.
She made an outstanding debut on the big screen, won many awards and also ventured in entrepreneurship. She has attained a great net worth from her acting career and her Honest Company investment.
