Kathy Fields Net Worth, spouse, young children, awards, movies

$1,500,000,000

In the world of dermatology and entrepreneurship, Kathy Fields is a famous name with a remarkable net worth. As an American dermatologist and entrepreneur, she has accumulated a net worth of $1.5 billion, primarily through her successful ventures such as Proactiv Solution and the renowned skincare company, Rodan + Fields.

Kathy Fields and her partner, Katie Rodan, have made their mark in the skincare industry, selling their company to Estee Lauder in 2003 and then buying it back in 2007. Through their innovative direct-to-consumer approach and high-quality products, they have witnessed significant success, with Rodan + Fields generating over $1.6 billion in revenue in 2018.

Key facts:

Kathy Fields is an American dermatologist and entrepreneur.

She is best known for creating the ProactivSolution and the skin care company Rodan + Fields with fellow dermatologist Katie Rodan.

In 2003, Fields and Rodan sold Rodan + Fields to Estee Lauder but bought it back in 2007.

In 2014, the company sold more than $300 million in product, and by 2018, revenue had topped $1.6 billion.

In addition to her work as a dermatologist and entrepreneur, Fields also works as an assistant dermatology professor at the University of California, San Francisco and has a private practice.

Fields and Rodan have co-authored two books and have been featured on many television shows.

In 2015, Forbes ranked Fields at #42 on their list of America's Richest Self-Made Women.

Fields became a billionaire in 2018 due to her share of Rodan + Fields.

In 2016, she and Katie sold their future Proactiv royalties to a joint venture between Guthy Renker and Nestle.

In May 2018, they sold a 25% stake in their company to private equity firm TPG for $1 billion.