Since launching Kora Organics in 2009, Miranda Kerr hasn’t “taken a cent out of the corporate,” she said.
“I put all of it back in, regardless that we’re profitable and I could possibly be writing myself a check, I don’t,” continued the Australian model and chief executive officer. She owns 95 percent of the business alongside a 5 percent silent investor. “I put it back in in order that I can grow the team and invest more in, you understand, more products.”
That team is now at 58, with 28 employees within the U.S. and 30 in Australia. Kerr manages the business from Los Angeles, where the mom of three lives with husband Evan Spiegel, Snapchat’s billionaire CEO.
“Our consumers have been asking...
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