I expected to see a teenager. She looks like a 35 year old woman. Anyway, congratulations to her.
Posted on 11/18/2019 11:30:16 AM PST by RummyChick
Kylie Jenner has become a bona fide billionaire at the tender age of 22 after selling the majority stake in her cosmetics brand for $600 million.
Beauty product giant Coty Inc. announced on Monday it was buying a 51 percent stake in Jenner's make-up and skincare empire.
The 22-year-old reality-star-turned-beauty-mogul will still solely own the other 49 percent stake. The sale gives Jenner's company a new valuation of $1.2 billion.
Jenner was named the world's youngest self-made billionaire of all time by Forbes earlier this year with an estimated net worth of $1 billion.
Jenner, who is the youngest and richest of the entire Kardashian-Jenner family, started her make up line in 2015 by selling $29 lipstick kits.
The kits sold out within minutes of launching - an early sign of the power of her now 270 million-plus social media following.
(Excerpt) Read more at dailymail.co.uk ...
As bad as I think they are on society as a whole, these girls get up every day and go to work. Morals not great. Work ethic Supreme.
Probably take a billion to fill the empty void that is their souls?
I don’t care one way or the other concerning the family, however, the bottom line is Kris Jenner is probably the smartest business woman there is period. She is really the brains behind the success of this family.
“You didn’t build that.”
Paging Gray Beaver. Another billionaire to rob.
I expected to see a teenager. She looks like a 35 year old woman. Anyway, congratulations to her.
I get a kick out of these stories. Nice to see everything fall into place for someone. Right now she’s got it all, looks, money, success...hope she can handle it.
The DNA of her “success” goes all the way back to OJ and I consider this blood money.
I agree this is ridiculous. CEOs, Hollywood “stars’, pro athletes the list of ridiculous salaries goes on and on.
She did very well with investments. The global economic situation is what it is. That’s what people have to work with.
Who knew Coty, Inc. is now a major corporation with so many big name holdings— Revlon, Max Factor, Clairol, Dolce & Gabbana, Stella McCartney, etc.?
When I was a kid, Coty was the cheapest crap in the dime store cosmetics aisle, guaranteed to induce acne/ hives.
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