Yankee Candle Net Worth (Updated 2025).

Yankee Candle, a name synonymous with home fragrance, began its journey in 1969 in a small town in Massachusetts. The company was founded by Michael Kittredge, a young teenager who, at the age of 16, made his first candle as a gift for his mother using melted crayons and a string wick. Little did he know that this simple act of kindness would spark a global phenomenon.

The company’s rise to fame was gradual yet steady. Initially, Kittredge sold his candles at local craft fairs, where they gained popularity due to their unique scents and attractive packaging. In 1971, he opened his first retail store in South Deerfield, Massachusetts, marking the beginning of Yankee Candle’s retail presence. The company’s commitment to quality, innovation, and customer satisfaction led to its expansion, both in terms of product range and geographical reach. Today, Yankee Candle is a household name, known worldwide for its extensive collection of scented candles, home fragrances, and related products.

Yankee Candle’s Current Net Worth (2025)

As of 2025, Yankee Candle’s estimated net worth is approximately $1.2 billion. This figure reflects the company’s extensive product range, global presence, and enduring popularity in the home fragrance market.

Career

Founded in 1969 by Michael Kittredge, Yankee Candle began as a small venture in his basement, creating unique scented candles. Today, it has evolved into a global leader in home fragrance, with over 500 stores worldwide and a robust online presence.

Other Ventures

Beyond candles, Yankee Candle offers a wide array of home fragrance products, including reed diffusers, room sprays, and car fresheners. They have also expanded into home decor and accessories, further diversifying their product portfolio.

Assets

Yankee Candle’s assets include its extensive global retail network, robust e-commerce platform, and a strong brand recognized worldwide. The company also owns a significant amount of intellectual property, including patents and trademarks related to its products and packaging.

Annual Income

In 2024, Yankee Candle’s annual revenue was approximately $1.5 billion. This figure is reflective of the company’s consistent growth and strong market demand for its products.

Frequently Asked Questions about  Yankee Candle

Frequently Asked Questions: Yankee Candle Net Worth

1. What is Yankee Candle’s net worth?

Yankee Candle’s net worth is estimated to be around $1.5 billion.

2. Who founded Yankee Candle?

Yankee Candle was founded by Michael Kittredge II in 1969.

3. Where is Yankee Candle headquarters located?

Yankee Candle’s headquarters is located in South Deerfield, Massachusetts, USA.

4. When was Yankee Candle acquired by Jarden Corporation?

Yankee Candle was acquired by Jarden Corporation in 2013.

5. How many Yankee Candle stores are there worldwide?

As of 2021, there are over 500 Yankee Candle stores worldwide.

6. What are some of Yankee Candle’s most popular scents?

Some of Yankee Candle’s most popular scents include Clean Cotton, Christmas Cookie, and Apple Pumpkin.

7. Does Yankee Candle offer any products other than candles?

Yes, Yankee Candle offers a variety of products including home fragrance items like reed diffusers, wax melts, and room sprays, as well as decorative items and gifts.

8. How can I become a Yankee Candle franchisee?

To become a Yankee Candle franchisee, you can visit the official Yankee Candle website and fill out the franchise application form.

9. Does Yankee Candle have an online store?

Yes, Yankee Candle has an online store where you can purchase their products and have them shipped directly to you.

10. What is Yankee Candle’s customer service contact information?

Yankee Candle’s customer service can be reached by phone at 1-800-395-9960 or by email at [[email protected]](mailto:[email protected]).