Roxanne Quimby Net Worth

$400,000,000

Roxanne Quimby, one of the richest people in Maine, has a net worth of $400 million. She earned her fortune as the co-founder of the famous personal care products company Burt’s Bees, which she sold in 2007 for $925 million, earning an additional $185 million.

Key facts:

Roxanne Quimby is an American businesswoman and co-founder of Burt's Bees.
In 1991, she and beekeeper Burt Shavitz incorporated Burt's Bees.
Roxanne bought out Burt's share in the company in 1993.
In two separate transactions, she sold 80% of the company in 2004 and the remaining 20% in 2007.
Due to these sales, Roxanne earned a total of $358 million before accounting for dividends.
Roxanne and Burt's partnership was the subject of the 2014 documentary film 'Burt's Buzz'.
Before starting Burt's Bees, Roxanne made and sold beeswax candles for additional income.
Burt's Bees expanded from selling candles to offering soaps, perfumes, and its iconic lip balm.
The company moved its headquarters to a derelict bowling alley and later expanded to North Carolina.
Roxanne purchased Burt's stake in the company in 1999 in exchange for a house in Maine.

Basic Information About Roxanne Quimby

Category	Business › Executives
Professions	Business executive
Net worth	$400,000,000
Date of birth	1950-07-11 (74 years old)
Place of birth	Cambridge, Massachusetts
Nationality	American
Social Media	↗︎ Wikipedia