Annie Withey founded Smartfood in 1984 and Homegrown in 1989, both of which are still in business today. So, let’s find out everything we can about her fortune, marriage, and early life.

What is the Net worth of Annie Withey’s Staggering?

Annie Withey is an American farmer and entrepreneur who, with her ex-husband, Andrew Martin, founded Smartfood in 1984 and Annie’s Homegrown in 1989, both of which are now household names. In 1984, while still a college student in Boston, she developed the cheddar popcorn recipe in her family’s home kitchen. When Withey and Martin launched Smartfood in 1985, the company was known for aiming to make healthier versions of popular snack foods, most notably popcorn. Withey and Martin have since passed away. Frito-Lay purchased the company in 1989 for approximately $15 million.

According to Inc. Magazine’s 1988 cover story on them, the American farmer and his family had achieved great success with their popcorn company Smartfood, which was deemed unique at the time in the snack food sector. In the words of Tom Protheroe, president of Hartford Snack Distributors, “I have never – never – seen a snack-food item catch on as Smartfood has.” Annie may be a millionaire, but she has chosen to remain anonymous for the time being.

Annie sold approximately 150 healthier alternatives to junk food in 2013, generating $111 million in revenue out of a total revenue of $175 million. The Smartfood brand (which included white cheddar popcorn) was sold to FritoLay in 1989 for around $15 million by her and her ex-husband Andrew. After making a US$2 million investment, Foraker and Homegrown decided to gradually buy out the remaining shares owned by Withey and Martin, as well as to purchase Annie’s private property, which they did in 1999. Despite the fact that her net worth is still unknown, it is reasonable to assume that she has amassed approximately $20 million for herself.

Annie Withey’s Married Life. Who Is Her Present Husband?

Andrew Martin and Annie Withey exchanged their love and marriage for stock options, which resulted in their divorce. Additionally, the company’s corporate culture has been shaped by a series of partnerships, breakups, and subsequent marriages, which have all contributed to its distinctiveness. They were married in 1983 and divorced in the early 1990s, but they continued to collaborate on their business ventures after their divorce.

In addition to her husband, an organic farmer, she has two children, Molly and Phoebe, who reside on a farm in Hampton, Connecticut with their parents and grandparents. Their family runs Full Moon Farm, which offers food to local cafes and coops, and they have three children. The owner of Annie’s Homegrown remained in Connecticut despite the company’s transfer to Berkeley, California, in 2011.

As of 2021, she has four cows, seven sheep, a mule, two horses, two flocks of chickens, a dog, and two house bunnies on her property, which was built in the early 1900s in the Victorian style. For much of her life, she has been involved with environmental issues and youth programs, and she was recently featured in Vanity Fair’s “Earth People” section.

Annie Withey’s Wiki/Bio:

Annie Withey was born in the year 1963 or 1964, depending on who you ask. Her birth date is a bit ambiguous; nonetheless, her nation of origin is the United States of America. As a result, she is a citizen of the United States. Annie is a very private person, which is why she hasn’t revealed any information about her family so yet.

In addition, Annie graduated with honors from the University of Connecticut in 1986 with a bachelor’s degree in English. In 2007, General Mills acquired her company, Homegrown, which had previously been acquired by Frito-Lay.

Facts of Annie Withey