In 2001, Mary Kay Ash, an American businesswoman and entrepreneur, passed away with a net worth of $500 million.
Mary Kay Ash was born in Hot Wells, Harris County, Texas in May 1918 and passed away in November 2001.
The founder of Mary Kay Cosmetics, Inc., is who she is most well-known for.
Her first marriage was at the age of 17, after marrying three times before.
During her husband’s service in World War II, Ash sold books from door to door.
After starting her job at Stanley Home Products, she retired to write a book for women’s business. The book became a business plan for her company, which was launched in 1963 with a $5,000 investment.
After going public in 1968, the company opted for a private transition in 1985.
After suffering a stroke in 1996, she resigned and at the time of her death, the company had over 800,000 employees in 37 countries and annual sales exceeding $200 million.
Her autobiography, Mary Kay, was released in 1994, along with Miracles Happen and You Can Have It All in 1995, and Mary Kay on People Management in 1984.
Mary Kay Ash died on November 22, 2001 at the age of 83. 2024 Celebrity Net Worth / All Rights Reserved.