Yve-Car Momperousse and Stephane Jean-Baptiste – Kreyol Essence Net Worth
Kreyol Essence, a Haitian-inspired skincare company with over $4 Million in annual revenue. Their business model involves selling directly to consumers through online and retail channels such as Ulta, Amazon and Goop stores; additionally they make an enormous impactful statement by employing over 300 Haitian farmers as employees and supporting them financially.
Kreyol Essence has made waves in both the beauty and wellness industries thanks to their success as a beauty line, as well as giving back to communities where their ingredients come from by supporting local schools, orphanages and charities that make an impactful difference in Haitians lives. Their deep connection to Haiti can be seen in their quality products which reflect this and have garnered them praise from national media outlets as well.
A couple brought their business onto Shark Tank in hopes of landing a deal that would catapult it to new heights. At their pitch, they demonstrated their high-quality haircare, skincare, and body care products and offered each Shark sample products for testing – the Sharks were impressed with both quality of product as well as its ability to help promote healthy hair growth – Mark Cuban, Daymond John, Barbara Corcoran and Lori Greiner passed on making an offer while Kevin O’Leary became intrigued and offered them partnership in exchange for $400,000 and 37% equity ownership stake – an offer which Kevin O’Leary decided to make!
After leaving the Shark Tank, Yve-Car and Stephane focused their attention on signing distribution deals with large retailers such as ULTA and Whole Foods to further grow their business. Now their products can be found at over 1,200 Ulta locations nationwide; additionally they’ve amassed over 175,000 Instagram followers with celebrities such as Cardi B showing support.
As the company expands, its efforts have shifted toward procuring its products from Haitian farmers. Partnering with over 300 local Haitians farmers to source black castor oil used in their products that is then instilled with healing powers from Haitian soil, helping both Haiti and the company create effective products while contributing to local economies.
Yve-Car Momperousse is an exceptional entrepreneur with an admirable work ethic and drive to succeed. A proud Haitian American, she has worked tirelessly to establish herself as a prominent figure in the entrepreneurial world despite maintaining a low profile. Her achievements serve as a beacon of inspiration to other entrepreneurs while she remains dedicated to her family while expanding her beauty brand with determination and hard work – truly an outstanding woman!