Katie Rodan Net Worth

What Is Katie Rodan's Net Worth?

Katie Rodan is an American dermatologist, author, and entrepreneur who has a net worth of $1.5 billion. Along with her longtime business partner Dr. Kathy Fields, she co-created the groundbreaking acne treatment Proactiv Solution and co-founded the billion-dollar skincare company Rodan + Fields. Rodan's career blends clinical dermatology, scientific innovation, and brand-building savvy, making her one of the most successful doctors-turned-entrepreneurs in modern history. The pair's products have reached millions of consumers worldwide, first through televised infomercials and later through a vast direct-selling network. In May 2018, Kathy and Katie sold a 25% stake in their company to private equity firm TPG for $1 billion.

Rodan and Fields met as dermatology residents at Stanford University in the 1980s and began developing Proactiv in the early 1990s after recognizing a major gap in acne treatment options. Their success led to partnerships with Guthy-Renker and Estée Lauder and eventually to the rebranding of Rodan + Fields as one of the fastest-growing skincare companies in North America. Beyond her commercial ventures, Rodan continues to practice dermatology, teach at Stanford, and support mental health and Jewish community initiatives through her family foundation.

Early Life

Katie Pregerson was born in Southern California in the mid-1950s. Her father, Harry Pregerson, was a federal appeals court judge and microbiology professor, and her mother, Bernardine, was a dedicated community volunteer. Raised in a Jewish household in Los Angeles, Katie developed both a deep sense of empathy and a strong academic drive.

She earned her undergraduate degree from the University of Virginia, followed by her medical degree from the University of Southern California School of Medicine. After completing an internship at Los Angeles County Hospital, she entered the dermatology residency program at Stanford University School of Medicine, where she graduated in 1987 and served as chief resident.

Proactiv & the Birth of a Billion-Dollar Brand

Rodan met Dr. Kathy Fields in 1984 during their residencies at Stanford. Fields had come from the University of Miami Medical School, while Rodan arrived from USC. The two quickly bonded over a shared sense of humor and style—an unusual friendship in the largely male world of dermatology.

By 1989, Rodan was frustrated by the limited and often harsh treatments available for acne patients. She envisioned a more elegant, effective solution that patients would actually enjoy using. The first person she called was Fields. In 1990, the two women signed a simple contract declaring themselves equal partners in a new company. They worked nights and weekends at their kitchen tables, balancing young families with their medical practices, joking that they often had to decide whether to spend money on a prototype or diapers.

After spending roughly $30,000 developing their formula, they began pitching it to major skincare companies. In 1993, they met with executives at Neutrogena, who suggested marketing through infomercials—a medium the doctors initially considered tacky and unprofessional. When Neutrogena ultimately passed, Rodan's mother introduced them to one of the co-founders of Guthy-Renker, a young company pioneering direct-response television.

In 1995, the duo licensed their product—now called Proactiv Solution—to Guthy-Renker, who handled manufacturing and distribution in exchange for a 15% royalty. Proactiv quickly became a cultural phenomenon and a massive business success, generating over $1 billion in annual sales at its peak and accounting for nearly half of Guthy-Renker's total revenue.

Kelly Sullivan/Getty Images

Rodan + Fields

Following Proactiv's success, the doctors turned their attention to aging and skin rejuvenation. They launched Rodan + Fields in 2002, selling through high-end department stores. Estée Lauder acquired the brand in 2003, but the doctors felt it was sidelined within the company's large portfolio. They bought it back in 2007 and began experimenting with direct selling, testing the concept at a small "Rodan + Fields party." A local TV station covered the event, sparking a flood of inquiries from people eager to join.

The doctors saw an opportunity to empower others as "consultants," and by 2008, Rodan + Fields had relaunched as a multi-level marketing company. It grew from 1,350 consultants in 2008 to more than 150,000 by 2015, and by 2016, that number had nearly doubled again. Between 2010 and 2015, company revenues skyrocketed from $24 million to $627 million, averaging 93% growth per year.

In 2018, private equity firm TPG acquired a 25% stake in Rodan + Fields for $1 billion, valuing the company at roughly $4 billion. The brand later diversified into haircare in 2022 and announced a shift to a direct-to-consumer affiliate model in 2024.

Katie (left) & Kathy (right) (via Getty)

Other Work & Philanthropy

Katie Rodan continues to practice dermatology at her Bay Area clinic and serves as an adjunct clinical assistant professor at Stanford University. She and Fields have co-authored several books, including "Write Your Skin a Prescription for Change", "Lighten Up, Brighten Up", and "The Doctors' Secrets to a Lifetime of Clear Skin".

Rodan and her husband, Amnon Rodan, founded the Rodan Family Foundation, which supports Jewish community programs and research into Obsessive-Compulsive Disorder. She also co-founded the Rodan + Fields Prescription for Change Foundation, which focuses on youth empowerment and environmental initiatives.

Personal Life & Real Estate

Katie is married to Amnon Rodan, the former chairman emeritus of Rodan + Fields and co-president of the Aspen Art Museum. They have two children. In early 2024, the couple paid $25.3 million for an 11,000-square-foot home in Brentwood Park, Los Angeles, after selling their longtime Piedmont, California, residence for $7.2 million in 2023.

Real Estate

In early 2024, Katie and Amnon paid $25.3 million for an 11,000-square-foot home in the Brentwood Park area of Los Angeles. Built in 2011, the mansion sits on half an acre of land and includes six bedrooms and nine bedrooms. A year earlier, the Rodans sold their 6,750-square-foot home in Piedmont, California, for $7.2 million.

Who's Richer?

Katie
Rodan

Compare!

Kathy
Fields