Katie Rodan’s profile picture

Katie Rodan

Katie Rodan’s profile picture
Net worth 2018: $650 Million
Industry: Other
Residence: San Francisco, California
Country: United States
BirthDay: 1955
Children: 2
Education: Bachelor of Arts / Science, University of Virginia; Medical Doctor, University of Southern California
BIOGRAPHY

Katie Rodan was bornon 1955 in San Francisco, California, United States. Dermatologist Rodan co-created acne treatment Proactiv and launched skin-care company Rodan + Fields with longtime business partner Kathy Fields. The pair invented Proactiv in 1990 and licensed the acne medication to infomercial company Guthy-Renker five years later. The duo sold Rodan + Fields to Estée Lauder in 2003 and bought it back in 2007 and switched to a direct selling model. Sales have since skyrocketed, up 60% from 2015 to $1 billion in 2016. In April 2016, they sold their royalties to Proactiv to a joint venture between Guthy-Renker and Nestle, which markets the product.

NET WORTH STATISTIC
2015

$320 Million

2016

$550 Million

2017

$650 Million

2018

$650 Million

Let's empower the entrepreneur. You have to be able to stand on your own two feet.

Katie Rodan
TIMELINE
2015

In 2015, she was listed by Forbes as one of the 50 most successful self-made women in the United States

2008

In 2008, she was named a top doctor in the East Bay by Oakland Magazine

2007

In 2007, Rodan and Fields bought back the brand from Estée Lauder

2006

In 2006, the company moved to direct sales and multi-level marketing

2003

In 2003, Rodan + Fields was purchased by Estée Lauder

1995

In 1995, they developed Proactiv Solution as a skincare treatment for acne

1987

She completed her internship at Los Angeles County Hospital and in 1987 completed her residency in dermatology at Stanford University School of Medicine, where she was also appointed chief resident

1984

In 1984, Rodan and Kathy Fields met during their dermatology residency at Stanford University School of Medicine

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