Kylie Jenner Just Made $600 Million And Here’s How | TheThings

Kylie Jenner sells 51 percent of Kylie's cosmetics and Kylie skin brand to Courtney.

The company owns CoverGirl, Max Factor, Rimmel London and Clairol and will soon have another big name.

3 Big Bucks For Beauty


Coty Inc. will knock down $ 600 million for a 51{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} stake and will keep Jenner the “face of the brand” and she will be part of the creation of a new product.

The rich get richer. The “Kar-Jen” clan knows everything so well and welcomes the concept with open arms and open wallets.

2 Look at a billionaire


Last year, Jenner was named by Forbes as the youngest billionaire, and Kylie Cosmetics amounted to about $ 900 million at the time. $ 29 per "lip kit" definitely adds up.

One Courtney expects more revenue


Jenner was pleased with her partnership with Coty and said, “ We are delighted to partner with Coty to continue to reach fans of Kylie Cosmetics and Kylie Skin around the world. ''

According to Cosmetics Business, "Coty expects this transaction will increase net revenues of its fragrance, cosmetics and skin care portfolio by more than 1{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} per year over the next three years." It is one of the fastest growing and most engaged beauty brands. "

Courtney undoubtedly prepares for makeup shakes.


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