Vicky Tsai Net Worth
Vicky Tsai is the founder of Tatcha who has a net worth of $5 million dollars. Vicky Tsai quit her job to start a beauty company Tatcha.
Vicky started her skincare company when she moved back home with her mom in San Francisco, and from her garage, she started making those products.
Within six years of its establishment, her company Tatcha was named the fastest-growing, woman-led company on the Inc. 5000 list and made a considerable fortune as users trusted her brand and product for their skin.
Her Luxury skincare brand has a huge fan following, and celebrities like Kim Kardashian and Meghan Markle are regular users of her product. Her brand made $70 million in 2018 before Unilever acquired it in 2019.
Vicky Tsai Net Worth In 2022
Vicky Tsai has a net worth of $5 million from founding a beauty care brand.
Vicky created the skincare brand Tatcha in 2009, sold it to Unilever in 2019 for a reported amount of $500 million, and stepped down from the CEO position. Things started to take another turn as the product sales were decreasing day by day.
She led the company's annual minimum growth rate of 40%, and the company rapid success attracted a lot of investors and gained ample funding from an equity firm. She took the company to new heights every day.
She stepped down from the company even though it had healthy sales and excellent reviews about her leadership, but her partners wanted her out, and since then, the product sales also plummeted, and in May of 2022, she was called back to take the CEO position.
The Silk Canvas Filter Finish Protective Primer, The Water Cream, and The Dewy Skin Cream are some of the company best-selling items. Mineral oil, artificial perfumes, parabens, and several other substances are not used in creating Tatcha's products, which also bear the Green at Sephora label and are cruelty-free.
Vicky Tsai Journey In Becoming A Millionaire
Vicky Tsai sold her engagement ring to start her skin care business endeavor.
Vicky also did four jobs to start her own business, from working as a consultant for two global companies to helping her landlord find tenants to rent their apartments.
To help her company grow, she didn't take a salary for nine years and reinvested every earning in her business that was fundamental for her to grow the business which started her road to becoming a millionaire.
Tatcha products emphasize a less-is-more philosophy and take inspiration from the centuries-old beauty practices of Japanese geishas. Tsai was inspired by the straightforward ingredients of the Japanese skincare ritual while experiencing acute dermatitis during a flight layover in Japan.
She wanted to develop similar products free of parabens, artificial fragrances, mineral oil, and other potentially irritating ingredients and was successful in doing so.
Her compromise and hard work gave her the reward she deserved, making her a fortune she could spend without worrying about the future. She also has other investments and ventures through which she is earning now.
Tsai couldn't go without working, and her followers are sure she is doing something adventurous and making a living out of it.
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