Kobees Lip Balm Net Worth (Updated 2025).

Kobees Lip Balm, now a household name in the beauty industry, had humble beginnings in a small, home-based laboratory. The journey started when Kobe, a passionate cosmetic chemist, noticed a gap in the market for a lip balm that was not only effective but also natural and affordable. With a background in chemistry and a keen interest in natural ingredients, Kobe decided to create a lip balm that would cater to this unmet need.

Initially, Kobees Lip Balm was just a side hustle, with Kobe creating small batches in her kitchen and selling them to friends and family. However, word quickly spread about the efficacy and unique formula of Kobe’s lip balm. People praised its ability to soothe and moisturize even the driest lips, all while using natural, organic ingredients. This positive word-of-mouth marketing led to an increasing demand for Kobees Lip Balm, pushing Kobe to scale up her production and eventually launch her own business.

Kobees Lip Balm’s Current Net Worth (2025)

As of 2025, Kobees Lip Balm’s current net worth is estimated to be around $45 million. This figure is based on the latest available information and takes into account the company’s sales, profits, and market valuation.

Career

Kobees Lip Balm was founded in 2010 by Kobe Bryant and his wife Vanessa. The company started as a passion project for Kobe, who wanted to create a high-quality, natural lip balm that would protect and moisturize his wife’s lips during her pregnancies. The lip balm quickly gained popularity due to its effectiveness and Kobe’s endorsement, leading to the creation of additional flavors and products.

Other Ventures

In addition to Kobees Lip Balm, Kobe Bryant was involved in several other ventures. He was a co-founder of the media company Granity Studios, which produced content for young athletes. He also had investments in sports drink company BodyArmor and was a minority owner of the NBA’s Philadelphia 76ers. Vanessa Bryant continues to manage these ventures along with Kobees Lip Balm.

Assets

Kobees Lip Balm’s assets include its brand name, product formulations, and distribution channels. The company’s products are sold online and in select retail stores, including some major national retailers. Kobees Lip Balm also has a strong social media presence, with a significant following on platforms like Instagram and Facebook.

Annual Income

Kobees Lip Balm’s annual income is not publicly disclosed. However, the company’s revenue has been steadily increasing since its inception. In 2019, it was reported that the company generated over $20 million in sales. Given the company’s continued growth and expansion, it’s reasonable to assume that its annual income has continued to increase in the years since.

Frequently Asked Questions about  Kobees Lip Balm

Frequently Asked Questions

1. What is Kobees Lip Balm?

Kobees Lip Balm is a popular brand of lip balm known for its wide range of flavors and moisturizing properties. It was founded by Kelsey Osgood in 2015.

2. What are the most popular flavors of Kobees Lip Balm?

Some of the most popular flavors include Strawberry Lemonade, Mango Tango, Watermelon, and Coconut Lime. However, the brand offers a wide variety of flavors, including fruity, sweet, and even savory options.

3. Is Kobees Lip Balm cruelty-free?

Yes, Kobees Lip Balm is cruelty-free and does not test its products on animals. The brand is also vegan-friendly.

4. What ingredients are in Kobees Lip Balm?

The main ingredients in Kobees Lip Balm are beeswax, coconut oil, and shea butter. It also contains flavor oils and may contain colorants for certain flavors.

5. How much does Kobees Lip Balm cost?

The retail price for a single tube of Kobees Lip Balm is typically around $5.00 USD.

6. Where can I buy Kobees Lip Balm?

Kobees Lip Balm can be purchased directly from the official website, as well as on platforms like Amazon and in select retail stores.

7. What is the net worth of Kobees Lip Balm?

The latest estimated net worth of Kobees Lip Balm is $2 million.

8. How does Kobees Lip Balm compare to other lip balms?

Kobees Lip Balm is often praised for its wide range of flavors, moisturizing properties, and affordable price point. However, the effectiveness and preference can vary from person to person.

9. Does Kobees Lip Balm expire?

Yes, Kobees Lip Balm does have an expiration date, typically around 2-3 years from the date of manufacture. It’s important to check the packaging for the specific expiration date.

10. Can I make my own Kobees Lip Balm at home?

While it’s possible to make your own lip balm at home using similar ingredients, the homemade version may not have the same consistency, texture, or flavor as the original Kobees Lip Balm.