Lori Harvey is more than a pretty face. She is also a businesswoman, establishing herself in the competitive and predominantly white beauty and skin care business, a sought-after commercial model, and in the process acquiring a respectable fortune.
Although it’s hard to pin down her actual net worth, as various outlets show a massive range from $1 million to a whopping $40-plus million, there is no doubt she’s about obtaining that bag.
A beauty influencer, she has over 5 million followers on social media that the 26-year-old “it girl” uses to push her own and other brands.
Agency IMG Models and WME locked her into a contract in 2022, sure that she could use all of that beauty and star power to help them secure top clients and fashion editorial projects. She’s rumored to earn more than $8 million a year from her modeling and business ventures.
Harvey joins other faces like Gigi and Bella Hadid, Hailey Bieber, Precious Lee, Paloma Elsesser, Alton Mason, Eileen Gu, Diana Silvers and Richie Shazam by signing with IMG.
By securing a spot on WME’s roster, her rep will expand her business in “television, digital content, acting, producing, and beyond.”
“It’s a dream to work with IMG Models and WME,” Harvey said, according to WWD. “I’m so excited for what this next chapter holds and am looking forward to expanding my business ventures across fashion, TV, film and entertainment.”
In 2021, the IMG model launched her company SKN by LH.
According to Pop Sugar, the brand, which at the time included only five introductory products, sold out of products within two days of its launch, cementing her as a player in the ethnic beauty care space.
With the launch of SKN, swiftly Harvey began to understand the need for her presence as a Black executive and to create history that younger Black women could look up to.
“There aren’t a lot of big skin-care brands that are headed up by or have been founded by Black people or, specifically, Black women, so I wanted to add to that list,” she says. “When the next generation is coming up and there’s that little brown girl who wants to get into skincare or start her own company, she can see me and be like, ‘I can do it, too.'”
Combining SKN, her modeling and acting, and other projects, she reportedly makes about $300,000 a month and has a healthy stock portfolio of $2 million, according to one estimate.
Another project launched after COVID-19 was her swimwear line, Yevrah with Revolve. She initially launched it with seven pieces, hoping to make her splash in the $5.5 billion swimwear and beachwear market.
“Swimwear has always been an avenue I wanted to explore,” she said, adding, “So I felt like the timing was just perfect right now for me to dive into it. For my first drop, I really wanted it to be elevated staple pieces that can be worn anywhere, anytime, any season and that will never go out of style.”