What is Andrew Lessman's net worth?
Andrew Lessman is an American entrepreneur who has a net worth of $200 million. Andrew Lessman has made a fortune thanks to vitamins, which he famously sells on the Home Shopping Network. He founded his company, ProCaps Laboratories, in 1979. He still owns 100% of the company.
Andrew Lessman became fascinated with nutrition and vitamins while in junior high school, and designed his first science fair experiment around how vitamin use affected the health of his pet mice. After graduating from the University of Pennsylvania with a degree in biochemistry, he went on to the University of Hawaii for medical school. He eventually chose to shift his focus and left medical school. He graduated from Loyola University Law School and began a career as a lawyer a few years later. While training for a decathlon during law school, he began designing his own vitamin regimen. He worked part-time for a vitamin company, and soon decided to shift his focus from law to full-time vitamin development. He launched his own company, ProCaps Laboratories in 1979.
In 2010, he was involved in a high-profile lawsuit, when he publicly criticized the QVC for carrying a particular brand of vitamin. He eventually yanked his own inventory from the network and jumped ship to HSN, where he has been ever since.
Real Estate
In 2012 Andrew paid $13 million for a home in Malibu set on 3 acres in the Paradise Cove neighborhood. He sold the home in 2017 for $38.5 million. The buyers were husband and wife Richard and Laurie Lynn Stark, who earned their fortune thanks to the Chrome Hearts lifestyle brand.
In December 2023 Andrew paid $22 million for a home in Santa Monica, California.
