|Net Worth:||$200 Million|
|Date of Birth:||September 18, 1956 (67 years old)|
|Nationality:||United States of America|
What is Debbie Fields’s Net Worth?
Debbi Fields is an American entrepreneur and author who has a net worth of $200 million. Debbi Fields is widely known for founding the Mrs. Fields brand, which sells snack foods. Since the company’s inception in Palo Alto, California, in 1977, it has grown to include more than 750 locations throughout more than 20 nations.
During the early 1990s, Fields’ cookie-baking company was sold after it became a franchise. Fields still sit as the spokeswoman of Fields.
She has written a number of cookbooks, including the first one ever to top the “New York Times” bestseller list. She is well known for her famous motto “Good Enough Never Is”.
Debra Jane Sivyer notably known as Debbie Fields was born on 18 Sep 1956 in Oakland, California. Despite being an average student, she discovered that she had a passion for baking, and she started making cookies that earned her praise from her family and friends.
Fields began working odd jobs when she was 13 years old in order to pay for the ingredients for her cookies. Her sister, who worked at the Oakland Athletics’ offices, helped her secure a position as a “ball lady” for the MLB franchise.
Fields attended Alameda High School as a teenager, where she earned the title of ”homecoming queen.” She then spent two years studying at Foothill College in Los Altos Hills. She later enrolled at Stanford University.
In Palo Alto, California, in August 1977, Fields established Mrs. Fields, a bakery. The business opened shops in a number of American shopping centers and airports, selling homemade-style cookies, as it quickly gained huge popularity.
The business’s main office was relocated to Park City, Utah, in 1982. In 1990, an investment firm purchased Mrs. Fields.
Throughout the following ten years, the business acquired a number of other brands, including TCBY, Pretzel Time, Pretzelmaker, and Great American Cookies.
Pretzelmaker and Pretzel Time were purchased from Mrs. Fields by Nexcen Brands in 2007. Great American Cookies was then acquired by the company in 2008.
Mrs. Fields faced financial difficulties and experienced numerous losses as a result of these sales and ensuing corporate restructuring.
By turning over management to its creditors, Carlyle and Z Capital Partners, the company was able to avoid bankruptcy once more in 2011.
The corporate headquarters of Mrs. Fields was relocated to Broomfield, Colorado, in 2012, and Z Capital Partners later became the sole owner of the business the following year. However, Fields is still the company spokeswoman.
Nutty Guys and Maxfield Candy were purchased by the company in 2014.
Debbie Fields married Stanford alumnus Randall Keith Fields, the creator of the financial consultancy company Fields Investment Group.
In 1997 Debbie Fields and Randall Keith Fields ended their marriage. Within the same year, Debbie Fields got married to her second husband named Micheal Rose.
When Debbi and her first husband filed for divorce in the 1980s, their 200,000-acre ranch in Utah turned out to be a point of contention. After years of neglect and unpaid taxes, the couple’s heated argument over who should truly own the ranch led to its eventual loss to foreclosure.
For $4.8 million, Michael paid for the undeveloped acreage in 1993.
Debbi and Michael Rose spent most of their lives together in Memphis, Tennessee.
Between 2008 and 2010 they possessed a 500+ acre ranch in Aspen, Colorado, which they placed for sale twice, once for $25 million and then for $28 million.
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