Jessica Alba might be on her way to becoming the country's next billionaire.
According to a new report on Friday, the actress is in talks to sell her Honest Company to consumer products giants Unilever for just over $1 billion.
The company has actually gone drastically down in value, as it was valued at $1.7 billion just last year after a capital raise.
The Wall Street Journal reported the news, saying that Jessica explored the possibility making the company public on the stock exchange earlier this year, and the report said she still might if the sale to Unilever falls through.
Unilever is already a behemoth in consumer products, as its portfolio includes Dove soap, Lipton tea, Ben & Jerry's ice cream, and Hellman's mayonnaise.
The Journal report comes a week after another media outlet, Recode, said that the businesswoman was in talks to sell the company to either Unilever or Procter & Gamble.
Honest sells more than 100 nontoxic products like diapers, toiletries, baby formula and household cleaners and has products in over 700 stores. Products are also sold via monthly subscriptions.
The actress-turned-businesswoman launched the company in 2012. Almost immediately, it was a hit. In August 2015, the company raised $100 million.
Forbes estimated Jessica's net worth at $340 million in June 2016. She is believed to own upwards of 20 percent of Honest, so she could profit about $200 million from the sale alone. To put it in perspective, Lebron James makes $33.3 million a year from the Cleveland Cavaliers, so he'd have to play six seasons at that rate to reach Jessica's profits from the sale -- excluding his endorsements, of course.
It hasn't always been smooth sailing for the Honest Company. Questions about the safety, effectiveness and ingredients have hounded Jessica Alba's passion project. In August, she defended them in an appearance on the "Today" show.
"Obviously we want our customers to have the best experience with our brand. If an organization wants to bring awareness to their cause, I'm an easy target and our brand is an easy target, obviously because I get the different kind of attention than other brands would, and so it's just sort of what happens," she said.
"But if anyone who does any research understands — and our customers are savvy enough to do research and understand — the integrity of our products," she added. "We stand by our ingredients, the effectiveness of the products, and we're pretty optimistic that we're going to win every case."
The actress also said headlines claiming her products aren't what they say they are have been "baseless." However, she used only the word "amazing" when she was asked point blank if the products are safe. "They're amazing, yeah," she said. "And what's incredible, if anything, it gives our customers an opportunity to speak out and get behind us, and we've grown tremendously over the last four and a half years."
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