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Kylie Sells Her Half of the Business: That's Behind the Deal!

She just knows how the job works! Kylie Jenner, aged 22, was named the youngest self-made billionaire by Forbes magazine. Makeup mogulin built a million-dollar empire with her own Kylie Cosmetics cosmetics line. Contrary to expectations, it has now sold part of its hard-earned business – again for a value of 550 million euros. But behind this mega deal is more than just financial tactics!

Continuing its business with the Kardashians-Beauty has made a 51 percent stake in the large Coty corporation, but it has no plans to withdraw from the business. "He sees his sales as a huge opportunity to give his company even more power and make Kylie Cosmetics grow"like an insider Hollywood life he explained. She is very excited and looking forward to the next phase of her business.

The web star himself has already commented on his decision: "I look forward to working with Coty to bring even more fans worldwide to my products."Kylie said in an official statement. This partnership would give her and her team the opportunity to focus on creating new products as the brand grows into an international beauty company.

Kylie Jenner in August 2019Getty ImagesPicture gallery button
Kylie Jenner in August 2019
Kylie Jenner, reality starInstagram / kyliejenner

Kylie Jenner, reality star
Kylie Jenner in August 2018Getty Images

Kylie Jenner in August 2018

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Yes, I can imagine that the brand can grow even more and faster.

414

No, I think Kylie is the face of the brand, enough for worldwide success. What else does he want to achieve?


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