Marissa Shipman, the wife of Andre Hakkak, is a prominent entrepreneur known for her significant contributions to the beauty industry. While Andre Hakkak is the co-founder and CEO of White Oak Global Advisors, a leading investment firm, Marissa has carved her own path as the founder and CEO of theBalm Cosmetics, a renowned cruelty-free cosmetics brand.
Marissa Shipman: Early Life and Education
Born and raised in New York City, Marissa Shipman pursued her education at Tulane University, where she developed a foundation that would later support her entrepreneurial ventures.
| Category | Details |
|---|---|
| Full Name | Marissa Shipman |
| Spouse | Andre Hakkak (CEO of White Oak Global Advisors) |
| Education | Tulane University |
| Entrepreneurial Ventures |
– **Co-founder of Julep Beauty Inc. (2007)** – **Founder & CEO of theBalm Cosmetics** (Renowned cruelty-free beauty brand) |
| Business Achievements |
– theBalm Cosmetics has over **100 products**. – Generated **$24.9 million in revenue in 2024**. – Known for producing **cruelty-free and ethically sourced beauty products**. |
| Philanthropy |
– **Board member of Project Glimmer**, a non-profit organization supporting young women. – Actively promotes **women’s empowerment and self-confidence initiatives**. |
| Personal Interests |
– Passionate about **painting**. – Advocates for **women’s rights and ethical business practices**. |
| Real Estate Ventures |
– **2020:** Sold Gables Estates mansion for **$13.6 million**. – **2020:** Purchased Pinecrest Mansion for **$14.3 million**. – Marked one of the **largest residential sales in American real estate history**. |
| Partnership with Andre Hakkak |
– A **strong business and personal partnership**, supporting each other’s careers. – Both excel in their respective industries—**finance and beauty**. |
Entrepreneurial Journey Marissa Shipman
Marissa’s foray into the beauty industry began in 2007 when she co-founded Julep Beauty Inc. with Jane Park. Despite facing challenges with Julep, her resilience led her to establish theBalm Cosmetics. Over the past 15 years, under Marissa’s leadership, theBalm has grown from a small operation into a globally recognized brand, offering over 100 products and generating revenues of $24.9 million in 2024.
Philanthropy and Personal Interests
Beyond her business endeavors, Marissa is actively involved in philanthropy. She serves on the board of Project Glimmer, a non-profit organization dedicated to empowering young women by providing them with gifts and opportunities to boost their self-confidence. Additionally, Marissa has a passion for painting and is committed to advocating for women’s empowerment.
Partnership with Andre Hakkak
Marissa and Andre’s relationship exemplifies a powerful partnership where both individuals have achieved significant success in their respective fields. Their mutual support has been instrumental in their personal and professional lives, showcasing a balance between their commitments to each other and their careers.
Real Estate Ventures
The couple’s business acumen extends into real estate. In 2020, they sold their Gables Estates mansion for $13.6 million and subsequently purchased the Pinecrest Mansion for $14.3 million, marking one of the largest residential sales in American real estate history.
Conclusion
Marissa Shipman’s journey from co-founding Julep Beauty Inc. to leading theBalm Cosmetics illustrates her resilience and innovative spirit. Her commitment to ethical beauty products and philanthropy, combined with the unwavering support of her husband, Andre Hakkak, underscores a dynamic partnership that continues to inspire.
