Soundness of mind

Who is the CEO of SheaMoisture?

The current CEO of SheaMoisture is Richelieu Dennis. Dennis founded the company in 1991 with his college roommate Nyema Tubman and originally sold products out of his college dorm room. Since then, the company has grown and now operates over 2,000 stores across the United States, Canada, Europe, and Africa.

Who are the original owners of Shea Moisture?

Shea Moisture was founded in Harlem, New York in 1912 by two women, Sofi Tucker and her daughter Mary. Tucker was a widowed mother of four and a self-proclaimed “shea butter sub-dealer”, selling shea butter and African Black Soap to people in her village. After Mary joined the business in 1912, the two women began to produce and sell their own shea butter and soap products, creating the Shea Moisture brand.

Is Richelieu Dennis a billionaire?

Yes, Richelieu Dennis is a billionaire. According to Forbes, he has a net worth of $2.5 billion as of 2020. He is the founder and CEO of Sundial Brands, a personal care products company which he founded in 1992. He is also the chairman of the personal care products company known as Essence Ventures. Additionally, he is the founder of the organization, New Voices Fund, which seeks to empower women of color entrepreneurs in the beauty and lifestyle industries.