The Life and Legacy of Marissa Shipman: Andre Hakkak’s Partner in Business and Beauty

Marissa Shipman, wife of finance executive Andre Hakkak, stands as a remarkable figure in the beauty industry. Her journey reflects a combination of creativity, resilience, and a profound commitment to ethical practices.

While Andre Hakkak is recognized for his role as co-founder and CEO of White Oak Global Advisors, Marissa has carved out her unique legacy through the establishment of a successful beauty brand.

Early Beginnings in the Beauty Industry

Marissa’s journey in the beauty sector began in 2007 with the co-founding of Julep Beauty Inc. alongside Jane Park. Despite encountering various challenges during this venture, determination propelled her forward.

This drive ultimately led to the formation of theBalm Cosmetics, a brand synonymous with high-quality and ethically produced beauty products. Her creative vision and entrepreneurial spirit form the foundation of the brand, making it a standout in a crowded marketplace.

Marissa Shipman

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Education and Personal Development

Hailing from New York City, Marissa Shipman pursued her education at Tulane University, which provided her with the foundational skills necessary for her successful career. This academic background contributed to her adeptness in navigating the complexities of the cosmetics industry, allowing for strategic decision-making that propelled theBalm to new heights.

A Strong Partnership

The relationship between Marissa Shipman and Andre Hakkak exemplifies a partnership built on mutual support and shared aspirations. Their bond blossomed through early professional pursuits, with Andre acting as a steadfast source of encouragement for Marissa’s ambitions. Together, they have cultivated an environment where both can thrive, representing a modern power couple in their respective fields.

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Commitment to Ethical Beauty

Marissa’s focus on ethical beauty is evident through her commitment to creating cruelty-free products. Within just 15 years, theBalm has become a respected name in the industry, offering various products, including talc-free powders and nourishing lip balms. This dedication to ethical practices has garnered the brand a global reputation, serving as a benchmark for others in the beauty industry.

Beyond the cosmetics realm, Marissa Shipman actively engages in philanthropy. Serving as a board member for Project Glimmer, a non-profit organization that empowers young women, she illustrates her commitment to social responsibility. This involvement emphasizes her desire to foster opportunities for the next generation and contribute positively to society.

Business Success

Under Marissa’s leadership, theBalm has flourished both domestically and internationally. By 2024, the brand reported impressive revenue of $24.9 million, reflecting its significant presence in the cosmetics market.

Products are available in over 100 countries, and the flagship store on Valencia Street stands as a testament to the brand’s innovation and appeal to beauty enthusiasts.

High-Profile Real Estate Ventures

The couple’s foray into real estate has also garnered public attention. In 2020, they sold their Gables Estates Mansion for $13.6 million. Following this, the purchase of a Pinecrest mansion for $14.3 million marked one of the highest residential sales in South Florida’s history. This move not only highlights their refined taste but also signifies their successful navigation of the luxury real estate market.

Conclusion

Marissa Shipman represents a fusion of creativity, ethical business practices, and personal commitment, reflecting a modern-day entrepreneur who has made significant contributions to the beauty industry.

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Her partnership with Andre Hakkak showcases the power of collaboration, demonstrating how two individuals can not only succeed but also uplift one another in their respective journeys.

Together, they embody a shared vision of innovation, resilience, and luxury, paving the way for future endeavors while leaving a lasting impact in both the beauty and finance sectors.