Jo Malone is a famous British businesswoman, and you’ve probably heard of her brand of perfumes and candles. Her special scents and fancy products have made her really popular in the UK.
What is Jo Malone’s Net Worth?
Jo Malone is a British person who makes perfume and is a business owner. She was born in November 1963, which means she’s 56 years old.
When she was growing up in Bexleyheath, Kent, she lived in a council house and had a tough time in school because of dyslexia. She didn’t finish school with any certificates.
In 1999, Jo sold her company, Jo Malone London, to Estée Lauder, and she got millions of pounds for it. We don’t know exactly how many millions, but it’s believed to be a lot.
Jo Malone’s total net worth is not clear, but it’s thought to be many millions of pounds. Her company, Joe Loves Ltd is estimated to be worth around £3 million, as per what Companies House says.
When Did Jo Malone Start Her Perfume Business?
Jo Malone started her own British perfume and scented candle brand, Jo Malone London, in 1983. She became famous after appearing on The Oprah Winfrey Show.
In 1999, Jo sold her company to Estée Lauder Companies for lots of money, but we don’t know the exact amount. She kept working for the brand as a creative director until 2006.
Afterward, she began a new company called Jo Loves Limited, where she sells similar things.
However, she had to wait for five years before she could create new fragrances or skincare stuff because of an agreement that said she couldn’t compete with her old brand.
Jo explained in the Standard:
“I make fragrances inspired by people, moments, and places I love. I started Jo Loves in November 2011 after taking a five-year break from creating fragrances. When I stepped away from my first business, I realized that fragrance isn’t just a job or a business for me – it’s like my best friend. That’s when I knew I had to start a new brand.”
When Did Jo Malone Get the CBE?
Jo Malone got a CBE in 2018 during the Queen’s birthday honors. She was recognized for her work in supporting the British economy and the GREAT Britain campaign, which shows off British creativity and industry to the world.
Before that, she had been made an MBE. Jo was really happy to be included with so many other amazing people in that year’s Queen’s Birthday Honors.
Who is Jo Malone Married to?
Jo is married to Gary Willcox, a former surveyor. They have a son named Josh together. In 2016, Jo made a choice to take a break from her career and be there for her son.
She left Estée Lauder to spend more time with him, being there for school, sports days, family dinners, and everything in between.
Her husband also felt it was time for a change. However, leaving Estée Lauder meant a significant decision and an agreement that she couldn’t work in the same industry for five years.
Jo Malone’s Cancer Battle
In 2003, when she was 37 years old, Jo Malone faced a tough challenge – she was diagnosed with an aggressive form of breast cancer.
She underwent treatment and thankfully received the all-clear, but the experience took its toll. Chemotherapy affected her sense of smell, which didn’t fully return to normal right away. This was a challenging time for her.