Kylie Jenner Sold Kylie Cosmetics For A Whopping $600 Million
What's another $600 million to a billionaire?
That's not all! Kylie sold the shares for a cool $600 million.
Before you get your lip kits in a twist, nothing is ~really~ changing — Kylie will still remain the face of the company, though it will officially become "Kylie Beauty" rather than "Kylie Cosmetics."
With Coty Inc. acquiring a majority of shares in Kylie Cosmetics, the company is now valued at over $1.2 billion.
Kylie is v excited about this new partnership and "building [Kylie Cosmetics] into an international beauty powerhouse.”
Excited to see what's next for Kylie and Kylie Beauty!
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