Luxy Hair Net Worth & Earnings

Updated April 1, 2024

Mimi Ikonn may not be a household name in the world of YouTube celebrities, but her success with Luxy Hair has made her a notable figure. Alongside her husband, Mimi co-founded Luxy Hair, a brand that has become one of the top-selling hair extension companies globally. Luxy Hair's popularity is evident, with even celebrities like Hailey Bieber and Jennifer Lopez endorsing their products.

Mimi Ikonn's journey as a YouTuber began with her Luxy Hair channel, which boasts over 3.1 million subscribers. While her other channels, including EverythingLuxy, Mimi Ikonn, and Alex Ikonn, haven't reached the same level of success, they still contribute to her online presence. However, it's worth noting that Mimi's accomplishments extend beyond hair extensions.

A Background Rooted in Azerbaijan and Canada

Mimi Naghizada, now known as Mimi Ikonn, was born on July 25, 1986, in Baku, Azerbaijan. Baku, the capital and largest city of Azerbaijan, sits below sea level and is home to over 2 million people. When Mimi was a teenager, her family, including her parents and elder sister Leyla, moved to Canada, where they settled permanently.

After graduating from high school in 2005, Mimi initially pursued a degree in International Business at Seneca College. However, she decided to drop out after a year and a half and enrolled at George Brown College, where she studied Image Consulting. Mimi proudly states that she completed her certificate in Image Consulting in 2009.

A Chance Encounter and a Love Story

Following her studies, Mimi faced challenges finding a job in her field. She ended up working at a bank, becoming part of the corporate world. It was there that she met Alex Ikonn, a Russian-born Canadian who walked into her bank branch one day. Initially wary of him, Mimi soon found herself falling in love with his charm and charisma.

Mimi and Alex's relationship began in the office and eventually extended beyond it. They got engaged and tied the knot in Punta Cana, Dominican Republic, in May 2010. Six years later, they welcomed their first child, Alexa Love Ikonn, into the world.

From Nervous Beginnings to YouTube Success

Mimi's YouTube journey started with humble beginnings. Her first video, shot on a digital camera and edited on her laptop, lacked quality. However, even with these initial limitations, her videos were already gaining hundreds of thousands of views. Mimi and Alex decided to invest in proper equipment to improve their content.

One of Mimi's strengths as a YouTuber is her authenticity. She prides herself on being the same on camera as she is in person, always radiating positivity even during challenging times. Mimi's commitment to inner work, such as meditation and journaling, has helped shape her into the celebrity she is today.

Achieving Success as Serial Entrepreneurs

Mimi and Alex Ikonn describe themselves as "serial entrepreneurs" and "dreamers." In addition to their YouTube channels, Alex's involvement in the Five Minute Journal, and Mimi's co-founding of Dreamers & Creators, they have created various products in their pursuit of success.

Currently residing in London, UK, Mimi characterizes Dreamers & Creators as a marketing strategy firm and creative agency. While the specifics of their clients and services remain undisclosed, their ventures demonstrate their entrepreneurial spirit.

The Success of Luxy Hair

Luxy Hair, the brand that propelled Mimi Ikonn to fame, filled a gap in the beauty market by offering affordable and high-quality hair extensions. Its success was further amplified by endorsements from celebrities like Paris Hilton, Hailey Bieber, and Jennifer Lopez, as well as influencers such as Maddie Ziegler and Tammy Hembrow.

In 2018, Luxy Hair was acquired by Beauty Industry Group, solidifying its position in the industry. While the exact net worth of Luxy Hair is unknown, it is estimated to be around $100 thousand, with potential for higher earnings when considering additional income sources.

Mimi Ikonn's journey from a young girl in Azerbaijan to a successful entrepreneur and YouTuber is a testament to her determination and passion. Her story serves as an inspiration to dream big and pursue one's goals, no matter the obstacles.

Luxy Hair is a well-known YouTube channel covering Howto & Style and has attracted 3.1 million subscribers on the platform. The channel launched in 2010.

So, you may be asking: What is Luxy Hair's net worth? And how much does Luxy Hair earn? Using the subscriber data on Luxy Hair's channel, we can predict Luxy Hair's earnings.

Table of Contents

Luxy Hair net worth
Luxy Hair earnings

What is Luxy Hair's net worth?

Luxy Hair has an estimated net worth of about $100 thousand.

While Luxy Hair's actual net worth is not known, networthspot.com relies on YouTube viewership data to make an estimate of $100 thousand.

Our estimate only uses one advertising source though. Luxy Hair's net worth may really be higher than $100 thousand. In fact, when including more income sources for a YouTuber, some estimates place Luxy Hair's net worth closer to $250 thousand.

While Mimi Ikonn is best known for co-founding Luxy Hair, her success extends beyond the world of hair extensions. Let's take a closer look at the additional revenue sources that have contributed to her entrepreneurial journey.

Dreamers & Creators

One of Mimi's ventures is Dreamers & Creators, a marketing strategy firm and creative agency. Based in London, UK, the firm specializes in branding and design for a select few clients. Although the specifics of their clients and services remain undisclosed, Dreamers & Creators showcases Mimi's expertise in the world of marketing and creativity.

Blogs and Online Presence

In addition to her YouTube channels, Mimi runs several blogs that further contribute to her revenue streams. While the details of these blogs are not mentioned, they serve as platforms for Mimi to share her insights, experiences, and expertise with her audience.

Mimi's online presence extends beyond YouTube, allowing her to connect with her followers through various channels. Her blogs and online platforms provide additional opportunities for brand collaborations, sponsorships, and affiliate commissions.

It's worth noting that Mimi's success as a YouTuber and entrepreneur has opened doors for her to explore various avenues for generating income. Her dedication to personal growth, meditation, and journaling has helped shape her into the influential figure she is today.

While the details of Mimi Ikonn's net worth are not disclosed, her entrepreneurial ventures, including Luxy Hair, Dreamers & Creators, and her blogs, have undoubtedly contributed to her financial success.

As Mimi continues to inspire and empower others through her online presence, it's clear that her entrepreneurial spirit and dedication to her craft have played a significant role in her journey towards success.

How much does Luxy Hair earn?

Luxy Hair earns an estimated $17.01 thousand a year.

Many fans ask how much does Luxy Hair earn?

On average, Luxy Hair's YouTube channel attracts 283.58 thousand views a month, and around 9.45 thousand views a day.

Monetized channels collect revenue by playing advertising for every thousand video views. On average, YouTube channels earn between $3 to $7 for every one thousand video views. With this data, we predict the Luxy Hair YouTube channel generates $1.13 thousand in ad revenue a month and $17.01 thousand a year.

Net Worth Spot may be using under-reporting Luxy Hair's revenue though. If Luxy Hair earns on the higher end, advertising revenue could bring in more than $30.63 thousand a year.

YouTubers rarely have one source of income too. Influencers could promote their own products, have sponsors, or generate revenue through affiliate commissions.