Jessica Simpson net worth
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What is Jessica Simpson’s net worth?
Jessica Simpson is an American singer, actress, entrepreneur and TV personality with a net worth of US$200 million. She has gained different wealth as an actress, singer and recent retail entrepreneur. To date, the total sales of her beauty product line as well as handbags, underwear, shoes and boots have exceeded 1 billion U.S. dollars.
Early life and career start
Jessica Ann Simpson was born on July 10, 1980 in Abilene, Texas. She grew up with her sister Ashley in Dallas and Waco, Texas. In 1997, when her career took off, she dropped out of high school and obtained a GED through distance learning at Texas Tech High School a year later.
As the daughter of a young Baptist pastor, Simpson grew up in a strong Christian faith. She has been singing in the church choir since she was a child, and during a church retreat, she realized that she wanted to be a singer. At the age of twelve, she participated in the audition for the “Mickey Mouse Club” and was selected as the semi-final, but she was not selected in the end. After she resumed singing in the church, she was discovered and signed by the head of the Christian music label Proclaim Records. Due to the company’s bankruptcy, her first album “Jessica” was not released, but her grandmother funded limited record printing. Simpson reached a recording agreement with Columbia Records. After “Jessica” was sent to multiple record companies and producers, she attracted the attention of Tommy Mottola, the head of Columbia Records.
Music career
Mottola hopes that Simpson will focus on a healthy image of “reverse attraction”, in contrast to the public image of Britney Spears and Christina Aguilera. Her debut single “I Wanna Love You Forever” (1999) performed well and ranked third on the charts. billboard In the US Hot 100 rankings, and certified as platinum by RIAA. Her first studio album “Sweet Kisses” was released in November 1999 and received double platinum certification from the Recording Association of America. Her second album “Irresistible” (2001) was not very successful.
In October 2002, after marrying her boyfriend Nick Lachi, Simpson and Lachi appeared on the MTV reality show “Newlyweds: Nick and Jessica”, which was very popular. Simpson’s third studio album “In This Skin” was released on the first day of the show, and the show helped promote the record. After disappointing sales, Simpson recorded new material and reissued “In This Skin” in 2004, and achieved even better results, selling more than 4 million copies in the United States.
In March 2006, Simpson parted ways with Columbia Records and signed with Epic Records. Her fifth studio album “A Public Affair” was released in 2006 and debuted in fifth place. billboard 200. For her sixth album, “Did You Know” (2008), Simpson tried to transition to country music, but it was generally not very popular. In addition, Simpson has two holiday albums, “ReJoyce: The Christmas Album” (2004) and “Happy Christmas” (2010).
(Photo by Frank Miselota/Getty Images)
Performing Arts and TV Careers
In addition to her reality show “The Newlyweds: Nick and Jessica” with her then husband Nick Lachi, Simpson also starred in her sister’s show “The Ashley Simpson Show” in 2004. She made her debut in “The Duke of Hazzard” (2005), and despite negative reviews, it still earned more than $111 million in global box office revenue. Her second film, “Employee of the Month” (2006), failed commercially. Other films she starred in include “Blonde Ambition” (2007) and “Private Lover: Blonde and Danger” (2008). In addition, Simpson hosted the VH1 documentary series “The Price of Beauty” (2010) and served as a mentor in the TV series “Fashion Star” (2012-2013).
Entrepreneurship risk and other transactions
Outside of music, Jessica is a very successful entrepreneur. She launched a series of beauty products as well as handbags, underwear, shoes and boots, mainly sold on the home shopping network. One of Simpson’s earliest entrepreneurial projects was the Jessica Simpson Desserts edible cosmetics series co-launched by Jessica Simpson and Randi Shinder in 2004, followed by the Dessert Treats edible cosmetics series for young audiences in early 2005. After a series of lawsuits, both routes were cancelled. Later in 2005, she teamed up with Tarrant Apparel Group to launch The Jessica Simpson Collection and released her own clothing line. The company continues to grow, with annual sales reported to be US$1 billion in 2014. Many publications referred to Simpson as a “billion-dollar celebrity,” citing the billion-dollar sales of her retail empire. Her personal value is less than 1 billion U.S. dollars… However!
After announcing her pregnancy in 2011, Simpson signed a multi-million dollar agreement with Weight Watchers in 2012 to use their diet plan to reduce her pregnancy weight and filmed several TV commercials for the company. She also launched a maternity dress line in 2012, and a fragrance “Vintage Bloom” inspired by motherhood. In February 2020, she published her memoir “The Open Book”, which ranked first on the New York Times bestseller list.
(Photo by Mark Mainz/Getty Images for IMG)
personal life
Simpson met singer Nick Lach at the 1998 Christmas party, and the two got married on October 26, 2002. After announcing the separation in November 2005, Simpson filed for divorce in December 2005, which was finalized in June 2006. Because Simpson did not sign the pre-marriage contract, she reportedly had to pay Lachey $12 million at the time of the divorce.
She began dating retired NFL player Eric Johnson in May 2010 and got engaged in November of the same year. They married in July 2014 and have three children.
real estate
Simpson’s main residence is a large mansion in Hidden Hills, California, which she bought in 2013 from Ozzy and Sharon Osbourne for $11.5 million Get off this mansion. In 2007, the Osbourne and his wife bought the house for $12.5 million, so it’s relatively a bargain. Over the years, her husband Simpson has made extensive renovations to this 2.5-acre property, which has six bedrooms, a basketball court, playground and large swimming pool. Today, based on comparable recent sales, the property is worth US$1.5-20 million. Before buying Hidden Hills, Simpson owned a property in Beverly Hills, which she bought in 2005 for $5.265 million. She sold the house in October 2013 for $6.4 million.
Is Jessica Simpson a billionaire
Outside of music, Jessica is a very successful entrepreneur. She launched a series of beauty products as well as handbags, underwear, shoes and boots, mainly sold on the home shopping network. Her combined retail empire is expected to become the first celebrity brand with annual sales of more than $1 billion. The last achievement is the source of widespread misunderstandings about Jessica Simpson’s net worth. When the $1 billion sales forecast was announced, several magazines made headlines, calling Jessica a “$1 billion celebrity.” Many fans of Jessica have misunderstood this title, thinking that Jessica is personally worth $1 billion. Unfortunately, this is not true… But if she maintains this speed, it will soon become a reality!
