{"id":51076,"date":"2024-03-01T16:31:23","date_gmt":"2024-03-01T16:31:23","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=51076"},"modified":"2024-03-01T16:31:23","modified_gmt":"2024-03-01T16:31:23","slug":"roxanne-quimby-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/","title":{"rendered":"Roxanne Quimby Net Worth"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Table_Roxanne_Quimbys_Profile\" title=\"Table: Roxanne Quimby&#8217;s Profile\">Table: Roxanne Quimby&#8217;s Profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#What_is_Roxanne_Quimbys_Net_Worth\" title=\"What is Roxanne Quimby&#8217;s Net Worth?\">What is Roxanne Quimby&#8217;s Net Worth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Table_Roxanne_Quimbys_Profile\"><\/span>Table: Roxanne Quimby&#8217;s Profile<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tr>\n<th>Net Worth<\/th>\n<td>$400 million<\/td>\n<\/tr>\n<tr>\n<th>Salary<\/th>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<th>Birthdate<\/th>\n<td>July 11, 1950<\/td>\n<\/tr>\n<tr>\n<th>Birthplace<\/th>\n<td>Cambridge, Massachusetts<\/td>\n<\/tr>\n<tr>\n<th>Gender<\/th>\n<td>Female<\/td>\n<\/tr>\n<tr>\n<th>Height<\/th>\n<td>N\/A<\/td>\n<\/tr>\n<tr>\n<th>Profession<\/th>\n<td>Businesswoman<\/td>\n<\/tr>\n<tr>\n<th>Nationality<\/th>\n<td>American<\/td>\n<\/tr>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Roxanne_Quimbys_Net_Worth\"><\/span>What is Roxanne Quimby&#8217;s Net Worth?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Roxanne Quimby, an American businesswoman, has a net worth of $400 million. She is widely recognized as one of the richest individuals in the state of Maine. Quimby accumulated her wealth as the co-founder of the personal care products company, Burt&#8217;s Bees. Together with beekeeper and businessman Burt Shavitz, she established the company in 1991. After buying out Burt in 1993, Roxanne successfully sold 80% of Burt&#8217;s Bees to a private equity firm in 2004, earning $173 million. Subsequently, in 2007, the entire company was sold to Clorox for $925 million, which added an additional $185 million to her net worth. In total, Roxanne Quimby received $358 million from the sales of Burt&#8217;s Bees.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; Roxanne Quimby has a net worth of $400 million.<br \/>\n&#8211; She co-founded Burt&#8217;s Bees, a personal care products company.<br \/>\n&#8211; Burt&#8217;s Bees was sold for a total of $925 million.<br \/>\n&#8211; Quimby received $358 million from the sales.<br \/>\n&#8211; She is known for her philanthropy and community leadership in Portland, Maine.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Roxanne Quimby was born on July 11, 1950, in Cambridge, Massachusetts. She grew up in Lexington, raised by a homemaker mother and an engineer and salesman father. Despite her family&#8217;s business-oriented background, Quimby chose to pursue art and enrolled at the San Francisco Art Institute. However, she was strongly influenced by the back-to-the-land movement and decided to switch her focus to a more rural lifestyle after earning her BFA.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In 1975, Quimby and her then-boyfriend George St. Clair moved to Maine and settled near Guilford. They built their own home and adopted a rustic lifestyle. In 1984, Roxanne met beekeeper Burt Shavitz and began making candles using leftover beeswax. This marked the beginning of their business partnership. Eventually, they formed Burt&#8217;s Bees and established a headquarters in a renovated schoolhouse.<\/p>\n<p>After initially selling candles, they expanded their product line to include soaps, perfumes, and their iconic lip balm, which gained immense popularity. In 1993, conflict arose between Quimby and Shavitz, leading to Shavitz&#8217;s departure from the company. Following this, Burt&#8217;s Bees solely focused on personal care products. The company experienced significant growth, expanding its production facilities and retail stores.<\/p>\n<p>In 1999, Quimby acquired Shavitz&#8217;s stake in the company, and Burt&#8217;s Bees relocated to Durham, North Carolina. Over the years, the company continued to innovate and expand its product offerings, introducing toothpaste, shampoo, and cosmetics. The success of Burt&#8217;s Bees led to the company being acquired by AEA Investors in 2004 and later by Clorox in 2007.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Roxanne Quimby currently resides in Portland, Maine, where she is renowned for her philanthropy and community leadership. Aside from her business ventures, she has dedicated her fortune to projects focused on environmental conservation. Notably, she purchased a significant amount of forested land in Maine, donated portions of it to establish a national park, and acquired and restored the Ocean Wood Campground on Maine&#8217;s Schoodic Peninsula.<\/p>\n<p>Quimby&#8217;s personal life also gained attention through the 2014 documentary film &#8220;Burt&#8217;s Buzz,&#8221; which explores her relationship with Burt Shavitz and the history of their company. Regrettably, Burt Shavitz passed away in 2015 at the age of 80.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Roxanne Quimby&#8217;s net worth has fluctuated over time. With the sale of Burt&#8217;s Bees, she received a significant amount of money from two transactions. Initially, in 2004, when she sold 80% of the company to a private equity firm, Quimby earned $173 million. Then, in 2007, when Clorox acquired the entire company, she received an additional $185 million. These sales, combined with the dividends she earned before selling, contributed to her current net worth of $400 million.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Roxanne Quimby&#8217;s net worth primarily stems from her ownership and sale of Burt&#8217;s Bees. The company&#8217;s success and subsequent acquisition by Clorox played a crucial role in amassing her wealth. Additionally, her shrewd business decisions and innovation led to the expansion of Burt&#8217;s Bees&#8217; product line, further boosting her net worth. Quimby&#8217;s investments in real estate and her philanthropic endeavors also contribute to her overall net worth.<\/p>\n<p>In conclusion, Roxanne Quimby&#8217;s net worth of $400 million solidifies her status as one of the wealthiest individuals in Maine. Through her co-founding and eventual sale of Burt&#8217;s Bees, she achieved enormous financial success. Quimby&#8217;s passion for environmental conservation and contributions to her community showcase her dedication beyond her financial accomplishments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table: Roxanne Quimby&#8217;s Profile Net Worth $400 million Salary N\/A Birthdate July 11, 1950 Birthplace Cambridge, Massachusetts Gender Female Height N\/A Profession Businesswoman Nationality American What is Roxanne Quimby&#8217;s Net Worth? Roxanne Quimby, an American businesswoman, has a net worth of $400 million. She is widely recognized as one of the richest individuals in the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Roxanne Quimby Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/#more-51076\">Read more<span class=\"screen-reader-text\">Roxanne Quimby Net Worth<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-51076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roxanne Quimby Net Worth<\/title>\n<meta name=\"description\" content=\"Table: Roxanne Quimby&#039;s Profile Net Worth $400 million Salary N\/A Birthdate July 11, 1950 Birthplace Cambridge, Massachusetts Gender Female Height N\/A\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roxanne Quimby Net Worth\" \/>\n<meta property=\"og:description\" content=\"Table: Roxanne Quimby&#039;s Profile Net Worth $400 million Salary N\/A Birthdate July 11, 1950 Birthplace Cambridge, Massachusetts Gender Female Height N\/A\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/roxanne-quimby-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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Free Credit Card Generator [100% Valid]"},"image":{"@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/synchronyfinancial","https:\/\/twitter.com\/synchrony","https:\/\/www.youtube.com\/synchronyfinancial","https:\/\/www.instagram.com\/synchrony","https:\/\/www.linkedin.com\/company\/synchrony-financial"]},{"@type":"Person","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/f858864f6f5b7079fe74dcfa00c54a74","name":"Rachael Vazquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Rachael Vazquez"},"description":"Guest author Rachael Vazquez has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here."}]}},"_links":{"self":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/51076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/comments?post=51076"}],"version-history":[{"count":0,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/51076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media\/107420"}],"wp:attachment":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media?parent=51076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/categories?post=51076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/tags?post=51076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}