Andre Hakkak Wife

When discussing prominent figures in the world of finance and beauty, Andre Hakkak and his wife, Marissa Shipman, are often in the spotlight. Andre Hakkak, the CEO of White Oak Global Advisors, is well-known for his contributions to finance. However, it is his wife, Marissa Shipman, who has also made a significant mark in the beauty industry. This article delves into the life and achievements of Andre Hakkak wife, exploring her journey from entrepreneurial beginnings to her current success.

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Marissa Shipman: The Woman Behind the Name

Early Ventures and Career Beginnings

Marissa Shipman’s journey into the business world began with her co-founding of Julep Beauty Inc. in 2007 alongside Jane Park. Julep aimed to offer innovative beauty solutions with a focus on nail polishes and skincare. Despite the initial success, Julep faced challenges and ultimately did not sustain the long-term impact that Marissa had hoped for.

Undeterred, Marissa leveraged her experience and insights gained from Julep to launch Balm Cosmetics. Founded 15 years ago, theBalm has grown into a leading name in the beauty industry. The brand is renowned for its cruelty-free and high-quality cosmetics, including popular products like lip balms and talc-free powders. Marissa’s vision and resilience have driven theBalm from a small operation to a globally recognized brand.

Personal Background and Education

Born and raised in New York City, Marissa Shipman’s early life set the foundation for her future achievements. She pursued her higher education at Tulane University, where she developed the skills and knowledge that would later contribute to her success in the beauty industry. Marissa’s educational background, combined with her entrepreneurial spirit, has been instrumental in her journey with theBalm.

Achievements with theBalm Cosmetics

Under Marissa Shipman’s leadership, theBalm has experienced remarkable growth. The brand, which started with a modest homemade lip balm, now offers over 100 products and has a strong presence in over 100 countries. In 2024, theBalm reported a revenue of $24.9 million, reflecting its success and expansion.

Marissa’s commitment to cruelty-free products and innovative beauty solutions has established theBalm as a leading choice for consumers seeking ethical and high-quality cosmetics. The brand’s flagship store on Valencia Street serves as a testament to its prominence in the beauty market.

Philanthropy and Personal Interests

Beyond her business success, Marissa Shipman is actively involved in philanthropy. She serves as a board member for Project Glimmer, a non-profit organization dedicated to providing prom-driven gifts and essential items to teenagers and women across the U.S. Marissa’s involvement with Project Glimmer highlights her dedication to social causes and women’s empowerment.

In addition to her philanthropic efforts, Marissa has a passion for painting, showcasing her creative side beyond the realm of business. Her commitment to supporting women’s empowerment and her artistic endeavors reflect her multifaceted personality and contributions to society.

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The Power Couple: Andre Hakkak and Marissa Shipman

Collaborative Success

The partnership between Andre Hakkak and Marissa Shipman exemplifies the successful blending of finance and beauty. Marissa’s innovative approach to cosmetics and Andre’s strategic leadership in finance create a dynamic and complementary partnership. Their combined efforts have resulted in significant achievements in their respective fields.

Marissa’s expertise in cruelty-free beauty products and Andre’s financial acumen have contributed to their joint success. Their collaborative approach emphasizes the value of teamwork and mutual support in achieving professional excellence.

The Gables Estates Mansion Sale

One of the notable aspects of their recent activities is the sale of their Gables Estates Mansion. Purchased in 2020 for $13.6 million, the mansion was sold for $27.5 million within a few years. This impressive transaction highlights the couple’s strategic approach to real estate and their ability to capitalize on market trends.

The Gables Estates Mansion, located in the exclusive Coral Gables neighborhood, featured 12,300 square feet of luxurious living space, including six bedrooms, nine bathrooms, a six-car garage, and a sparkling pool. The property’s grandeur and exclusivity contributed to its high market value.

The Pinecrest Mansion Purchase

Following the sale of their Gables Estates Mansion, Andre and Marissa made headlines with their purchase of a record-breaking mansion in Pinecrest, Miami. Acquired for $14.3 million, this property set a new record for residential sales in the area.

The Pinecrest mansion boasts 10,500 square feet of living space, including seven bedrooms, eleven bathrooms, a gym, a theater, and a guest house. Designed by renowned architect Cesar Molina of CMA Design Studios, the mansion exemplifies modern luxury with its expansive layout and upscale amenities.

Reasons for the Move

The decision to move from Gables Estates to Pinecrest reflects a desire for a more contemporary and spacious home. The Pinecrest mansion offers additional features and a larger lot size, making it an appealing choice for the couple. The move also aligns with Pinecrest’s growing reputation as a luxury real estate hotspot, further enhancing their investment.

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Conclusion

The story of Andre Hakkak and Andre Hakkak wife is a compelling narrative of success and partnership. Marissa Shipman’s achievements with Balm Cosmetics and Andre Hakkak’s leadership at White Oak Global Advisors highlight their significant contributions to their respective industries. Their recent real estate ventures, including the sale of their Gables Estates Mansion and the purchase of the Pinecrest property, showcase their strategic approach to investment and luxury living.

Their journey together is a testament to their ability to balance personal and professional success. Marissa’s entrepreneurial spirit and Andre’s financial expertise create a dynamic partnership that continues to thrive. As they move forward, their story serves as an inspiration to others, demonstrating how dedication, resilience, and collaboration can lead to extraordinary accomplishments.

FAQs

Ans: Andre Hakkak’s wife is Marissa Shipman, the founder and CEO of theBalm Cosmetics.

Ans: Marissa Shipman is the founder and CEO of theBalm Cosmetics, known for its cruelty-free and ethical beauty products.

Ans: Andre Hakkak is the CEO of White Oak Global Advisors, a firm that provides financial solutions to small and medium-sized businesses.

Ans: They recently sold their Gables Estates mansion for $27.5 million and purchased a record-breaking mansion in Pinecrest for $14.3 million.

Ans: They moved to Pinecrest for a more modern, spacious home with additional amenities, and Pinecrest’s growing reputation as a luxury real estate hotspot.

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