Count How Much Is Burt’S Bees Company Worth?

Burt’s Bees is a highly successful company. The company is worth over $1 billion which is a significant achievement for a brand that started with a simple idea. Burt Shavitz, the co-founder of Burt’s Bees, did very well with the deal when the company was sold. Quimby, his business partner, paid him $4 million when she sold 80% of Burt’s Bees for $173 million. Burt’s Bees continues to pay him an undisclosed amount for the use of his likeness and name.

It’s interesting to note the history of the company and how it’s evolved. Burt’s Bees started small, with Burt making and selling his natural products at local markets. Quimby, who had a background in business, saw the potential of Burt’s products and decided to partner with him. Together, they built the brand into a household name, recognized for its commitment to natural ingredients and sustainable practices. The success of Burt’s Bees is a testament to the power of a good idea, hard work, and a bit of luck.