Jessica Simpson has had a varied and successful career, including as a pop artist, reality TV superstar, movie star, producer, and fashion designer. Nevertheless, one thing about her has remained constant: her savvy as a businessman.
Simpson understands that her ability to portray herself as an aspiring everywoman is what really makes her successful.
She once told CBS News, “even though I grimace at it sometimes,” that she believed letting her be herself was the best decision. (She was likely alluding to the jokes made about her controversial views on an earlier season of Newlyweds: Nick and Jessica.)
The mother of three has been in the spotlight since she was a teenager, and while she has earned the titles of singer, actor, and business mogul, the one she values most is “friend.” (Aww!)
Okay, I get it. Meet the girl who, if you met her in real life, would be your best financial ally. Find out how much money Jessica Simpson has amassed in this article.
What Is Jessica Simpson’s Net Worth?
|Net Worth:||$200 Million|
|Date of Birth:||Jul 10, 1980 (42 years old)|
|Place of Birth:||Abilene|
|Height:||5 ft 3 in (1.61 m)|
According to Celebrity Net Worth estimates, Jessica Simpson is worth an estimated $200 million dollars as a result of the enormous success she has had as an entrepreneur, with her retail products including handbags, shoes, lingerie, and perfume having sold many billions since their inception.
Sales for the brand exceeded $1 billion in 2014, when its worth was at its highest point, and are projected to exceed $500 million in 2021.
Even though Simpson’s businesses have brought in billions of dollars in revenue, she is not a billionaire, despite widespread misconception to the contrary.
Jessica Simpson’s Early Life
Jessica Ann Simpson was born on July 10, 1980, in Abilene, Texas. She grew up in Dallas and Waco with her younger sister Ashlee. She left high school in 1997 when her career took off, but she eventually earned her GED through online classes at Texas Tech University.
Simpson was raised in a Christian home by her father, a Baptist youth minister. She first started singing in the church choir when she was young, and it was on a church retreat that she decided to make a career out of singing.
How Did Jessica Simpson Become Famous?
Simpson’s career began in the music industry. After learning Dolly Parton’s “I Will Always Love You” at an audition, the daughter of a pastor began her singing career in church choirs and was soon signed to the Christian company Proclaim Records.
The tour was supposed to promote her debut Christian record, but it was canceled after her father, Joe Simpson, told Vanity Fair that she was regarded as too busty (and hence “too sexual”) for Christian music fans.
Her planned debut album with Proclaim Records, Jessica, was scrapped, but she and her manager, Joe, continued to shop the tapes elsewhere. Former spouse and manager Tommy Mottola brought Mariah Carey to Columbia Records. “She had a fantastic little look and a great attitude, a fresh new face, and something a bit different from Britney [Spears] and all of them,” Mottola told Vanity Fair. “
And she could actually sing.” She would sing and have her characteristic blonde hair, but unlike Spears and Christina Aguilera, Simpson wouldn’t dance, so she could be marketed as a less sexualized alternative.
Simpson’s true debut album, Sweet Kisses, was released in November 1999, but it didn’t do well at first. I Think I’m In Love With You (which sampled John Cougar Mellencamp’s “Jack & Diane”), “I Wanna Love You Forever,” and her duet with her then-future husband Nick Lachey, “Where You Are,” all contributed to Sweet Kisses selling 4 million copies worldwide, despite the album only reaching No. 51 on the Billboard 200 chart.
Jessica Simpson’s Music Journey
When she was twelve years old, she tried out for “The Mickey Mouse Club” and made it to the show’s semi-finals before being eliminated. She was found and signed by the CEO of the Christian music label Proclaim Records after she started singing again at church.
The company that was supposed to distribute her debut album, titled “Jessica,” went bankrupt, but her grandmother paid to have a small number of copies made. After sending out “Jessica” to various record firms and producers, Simpson gained the attention of Columbia Records CEO Tommy Mottola, who offered her a recording contract.
Mottolla urged Simpson to cultivate an “anti-sex appeal,” innocent persona in response to the public personas of Britney Spears and Christina Aguilera. Her first hit, “I Wanna Love You Forever,” was certified platinum by the RIAA and peaked at #3 on the Billboard Hot 100 in the United States in 1999.
Sweet Kisses, her first studio album, was certified double platinum by the RIAA shortly after its release in November 1999. The success of her follow-up album, 2001’s “Irresistible,” was lower.
Simpson and Lachey’s reality show “Newlyweds: Nick and Jessica” was a huge success after they wed in October 2002. The show premiered on the same day as Simpson’s third studio album, “In This Skin,” which the show helped promote. After initial weak sales of “In This Skin,” Simpson reworked the album and re-released it in 2004 to rave reviews and over 4 million US album sales.
Simpson left Columbia Records in March 2006 to sign with Epic Records. In 2006, she released her fifth studio album, titled “A Public Affair,” which debuted at number five on the Billboard 200. Simpson’s effort to branch out into country music with her sixth album, “Do You Know” (2008), was met with mixed reviews.
Simpson has two Christmas records, “ReJoyce: The Christmas Album” (2004) and “Happy Christmas,” both of which are available for purchase (2010).
How Did Jessica Simpson Get Rich?
Simpson began her career as a singer, but she has since branched out into other areas of entertainment, such as reality TV with Newlyweds: Nick and Jessica and film with roles in Dukes of Hazzard (2005) and Employee of the Month (2006) and the direct-to-video features Blonde Ambition (2007) and Private Valentine: Blonde & Dangerous (2008). (2008). Jessica Simpson also acted as an executive producer for Jessica Simpson: The Price of Beauty in 2010 and as a judge on Fashion Star in 2012.
Simpson’s initial success came in the entertainment industry, but it was in branding that she built her name. Dessert, an edible cosmetics company she co-founded, reportedly sold at least $1 million in items before shutting down manufacturing in 2006 due to a lawsuit. Simpson’s success with dessert led to endorsement deals with many other companies.
Super Bowl commercials for Pizza Hut featured her rendition of “These Boots Are Built for Walkin'” from The Dukes of Hazzard, which she had previously covered.
Simpson reportedly made $2.5 million advertising ProActiv skincare, but she later admitted that the acne-fighting medicine Accutane was really what did the trick. In 2006, she appeared in a commercial endorsing DirecTV.
Simpson reportedly made between $3 and $4 million for his Weight Watchers endorsement.
She is also sponsored by Budget Car Rental, Zales Jewelers, and HAIRuWEAR.
Nonetheless, Simpson’s eponymous clothes, accessories, and fragrance line is by far her most lucrative venture, bringing in an estimated $30 million each year.
Jessica Simpson’s Personal Life
Simpson and musician Nick Lachey became engaged in October 2002 after meeting at a Christmas party in 1998. The divorce was formalized in June 2006, after Simpson had announced their separation in November 2005. Since Simpson and Lachey did not have a prenuptial agreement, reports say she paid him $12 million in the divorce.
They started dating in May of 2010, and by November of that year, she was engaged to Eric Johnson, a retired NFL player. They tied the knot in July of 2014 and now raise a brood of three.
Jessica Simpson’s Real Estate
Simpson paid Ozzy and Sharon Osbourne $11.5 million in 2013 to purchase their massive property in Hidden Hills, California, which serves as her principal residence. The Osbournes paid only $12.5 million for their mansion in 2007. This made it a steal for them. Simpson and her husband have extensively renovated the 2.5-acre property over the years, resulting in six bedrooms, a basketball court, a playground, and a huge pool.
After adjusting for inflation, the current market value of this property is between $15 and $20 million. Simpson’s previous home was a $5.265 million Beverly Hills mansion she purchased in 2005 before she purchased her Hidden Hills estate. For $6.4 million, she parted with this home in October 2013.
Pop singer-actress-designer Jessica Simpson has a $200 million fortune thanks to her many endeavors in the entertainment industry. But her retail merchandise and other entrepreneurial endeavors have been the real drivers of her massive fortune. The rumor that she is a billionaire is completely false.
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