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Michelle Phan is a Vietnamese-American entrepreneur and internet personality born in 1987 in Boston, Massachusetts. Raised in Florida, she developed an interest in art and makeup while working part-time jobs. She attended the Ringling College of Art and Design, where her foundational skills in editing and visual aesthetics were formed. These talents would eventually serve as the basis for her transition into digital content creation during the early days of online video sharing.
Phan achieved her career breakthrough in 2007 when she uploaded makeup tutorials to YouTube. Her video demonstrating a Lady Gaga-inspired look gained viral popularity, garnering millions of views and establishing her as a pioneer in the beauty vlogging space. By leveraging her artistic background, she produced high-quality, instructional content that resonated with viewers looking for accessible beauty advice, effectively building one of the platform's first major influencer personal brands.
Her wealth was primarily built through strategic business ventures derived from her digital fame. In 2011, she co-founded Ipsy, a subscription-based beauty service that delivered personalized products to consumers. The company saw rapid growth and reached a valuation of hundreds of millions of dollars. Additionally, she launched her own cosmetic line, EM Cosmetics, which transitioned into a successful independent brand following her departure from L'Oreal's oversight, helping her achieve a reported net worth of $50 million.
Phan faced challenges including a period of burnout that led her to take a multi-year hiatus from the public eye. During this time, she pivoted toward managing her companies and refining her brand identity. She eventually returned to content creation, maintaining a smaller, more curated presence while focusing on the long-term sustainability of her beauty businesses and exploring interests in technology and web3 ventures.
Today, Michelle Phan is recognized as a transformative figure in the creator economy. She transitioned from a tutorial-based influencer into a legitimate business mogul, proving that digital platforms could function as incubators for large-scale beauty enterprises. Her legacy is defined by her role in legitimizing the influencer industry and her ability to successfully launch and manage sustainable consumer goods brands.
2007
YouTube Channel Launch
Michelle Phan began posting makeup tutorials on YouTube under the username "Ricebunny," initiating her career as a pioneering digital beauty creator.
2009
Viral Lady Gaga Tutorial
Her "Lady Gaga Bad Romance Makeup Tutorial" went viral, garnering millions of views and establishing her as a mainstream internet sensation.
2010
Lancôme Partnership
Lancôme hired Phan as their first official video makeup artist, marking a historic collaboration between a major luxury beauty brand and a YouTube creator.
2011
Co-founded MyGlam
Phan co-founded the subscription beauty box service MyGlam, which was later rebranded as Ipsy and grew into a major industry powerhouse.
2013
L'Oréal Brand Partnership
She partnered with cosmetics giant L'Oréal to launch her own makeup line, named "em" Michelle Phan.
2015
Ipsy $100 Million Funding
The subscription service Ipsy raised $100 million in a funding round, valuing the company co-founded by Phan at approximately $500 million.
2017
Em Cosmetics Acquisition and Relaunch
Phan bought back her makeup brand Em Cosmetics from L'Oréal and relaunched it independently, coinciding with her return to YouTube after a year-long hiatus.
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