Kylie Jenner, the world’s youngest self-made billionaire, has agreed to sell a $600m majority stake in Kylie Cosmetics to beauty giant Coty, which hopes the reality star's brand can boost its struggling sales.
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Kylie Jenner sells beauty company for $600mThe reality TV star said she is building the brand into an 'international beauty powerhouse'.
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Kylie Jenner makes $600m from selling majority share in her beauty companyCoty, which also owns Max Factor and Sally Hansen, has bought a 51% stake in Kylie Cosmetics
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Kylie Jenner Sells Majority Stake Of Kylie Cosmetics To Company Behind Gucci BeautyThe beauty company that controls gucci Beauty, Burberry and MIUMIUofficial in the fragrance and make-up categories valued the 22-year-old's business at almost $1.2 billion, reports BoF.
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Kylie Jenner sells majority stake in cosmetics business for £460mThe sale comes months after the reality TV star was named the youngest self-made billionaire ever.
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