How Rich Is Jessica Simpson?
Jessica Simpon has been a pop star, reality star and, briefly, an actress, but what’s made her rich is her namesake brand of clothing and shoes. Simpson is now worth a whopping $200 million.
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Here’s a quick look at Simpson’s stats:
- Net worth: $200 million
- Date of birth: July 10, 1980
- Primary source of wealth: The Jessica Simpson Collection
- Career highlights: Sold her stake in The Jessica Simpson Collection to Sequential Brand Group for about $120 million in 2015
Jessica Simpson’s Entertainment Career
Simpson emerged on the music scene in 1999 with the release of her album “Sweet Kisses.” She’s since released six more albums and had nine songs place on the Billboard Hot 100 chart — including “I Wanna Love You Forever,” which reached the No. 3 spot.
From 2003 to 2005, Simpson starred in the MTV reality show “Newlyweds: Nick & Jessica,” along with her then-husband Nick Lachey. (The show was the beginning of the end for the couple — Simpson filed for divorce in December 2005 and it was finalized the following year.)
She has also pursued an acting career, starring in “The Dukes of Hazzard” (2005) and “Employee of the Month” (2006).
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Jessica Simpson’s Retail Empire
Although Simpson made a name for herself in the entertainment world, it’s her eponymous brand that’s responsible for most of her riches. In 2005, Simpson launched a footwear line with the Camuto Group. By 2015, her fashion and lifestyle empire — The Jessica Simpson Collection — spanned 31 product categories, including shoes, clothing, handbags, jewelry, fragrances and a home line, and was being sold in hundreds of department stores across the U.S., including Macy’s, Dillard’s, Belks and Nordstrom, MarketWatch reported. At the time, the brand boasted $1 billion in annual retail sales.
In 2015, she sold her 62.5% stake in The Jessica Simpson Collection to Sequential Brand Group for about $120 million, Forbes reported. Simpson has continued to promote the brand and appear in its ads, and she is now reportedly looking to buy it back. In May 2021, The New York Post reported that Simpson and her mother were working with boutique investment bank Threadstone to raise cash to buy back The Jessica Simpson Collection from Sequential Brands.
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Jessica Simpson’s Real Estate
In 2013, Simpson and her husband, Eric Johnson, purchased a Hidden Hills, California, home from Sharon and Ozzy Osbourne for $11.5 million, Architectural Digest reported. The sprawling home — which sits on 2.5 acres — includes six bedrooms, a separate guest apartment, a jungle gym, a swing set, a basketball hoop, a large swimming pool, a hot tub and a home movie theater.
In 2019, The Daily Mail reported that Simpson and Johnson were constructing a new wing to make room for their third child.
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