Mary Kay Ash was an American businesswoman and founder of Mary Kay Cosmetics, Inc. At her death her personal fortune was $98 million. Her company had more than $1.2 billion in sales and an international sales force of more than eight hundred thousand in at least three dozen countries.
Early life
Mary Kay Ash, born Mary Kathlyn Wagner in Hot Wells, Harris County, Texas, was the daughter of Edward Alexander and Lula Vember Hastings Wagner. Her mother was trained as a nurse and later became a manager of a restaurant in Houston. Ash attended Dow Elementary School and Reagan High School in Houston, and graduated in 1934. Ash married Ben Rogers at age 17. They had three children, Ben Jr., Marylin Reed, and Richard Rogers. While her husband served in World War II, she sold books door-to-door. After her husband's return in 1945, they divorced. She later married the brother of Mary C. Crowley, founder of Home Interiors and Gifts.
Career
Ash went to work for Stanley Home Products. Frustrated when passed over for a promotion in favor of a man that she had trained, Ash retired in 1963 and intended to write a book to assist women in business. The book turned into a business plan for her ideal company, and in the summer of 1963, Mary Kay Ash and her new husband, George Hellenbeck, planned to start Mary Kay Cosmetics. However, one month before Mary Kay and George started Beauty by Mary Kay, as the company was then called, George died of a heart attack. One month after George's death on September 13, 1963 when she was 45 years old with a $5,000 investment from her oldest son, Ben Rogers, Jr. and with her young son, Richard Rogers taking her late husband's place, Ash started Mary Kay Cosmetics. The company started its original storefront operation " Beauty By Mary Kay" in Dallas. They used a five‐hundred‐square‐foot storefront with nine saleswomen signed up. She copied the same “house party” model used by Stanley, Tupperware, and others. A Mary Kay representative would invite her friends over for free facials, then pitch the products. Profits rolled in, with double‐digit growth every year. According to Gavenas:
Awards
Both during her life and posthumously, Ash received numerous from business groups, including the Horatio Alger Award. Ash was inducted into the Junior Achievement U.S. Business Hall of Fame in 1996. A long-time fundraiser for charities, she founded the to raise money to combat domestic violence and cancers affecting women. Ash served as Mary Kay Cosmetics' chairman until 1987, when she was named Chairman Emeritus. Fortune magazine recognized Mary Kay Inc. with inclusion in "The 100 best companies to work for in America." The company was also named one of the best 10 companies for women to work. Her most recent acknowledgements were the "Equal Justice Award" from Legal Services of North Texas in 2001, and "Most Outstanding Woman in Business in the 20th Century" from Lifetime Television in 1999.
Mary Kay Cosmetics, Inc.
Ash and her partners, which included her son, Richard, took the multi-level marketing company public in 1968. In 1985, the company's board decided to take the company private again after seventeen years as a public company. Ash remained active in Mary Kay Cosmetics, Inc. until suffering a stroke in 1996. Richard Rogers was named CEO of Mary Kay Cosmetics, Inc. in 2001. At the time of Ash's death, Mary Kay Cosmetics had over 800,000 representatives in 37 countries, with total annual sales over $200 million. As of 2014, Mary Kay Cosmetics has more than 3 million consultants worldwide and wholesale volume in excess of 3 billion.
Books
Ash was the author of several books, including "Mary Kay", an autobiography in 1994, "Miracles Happen" and You Can Have It All in 1995. Her first book called "Mary Kay on People Management" was published in 1984 and the publisher Nightingale Conant produced an audio program written by Ash with the same title as the book.