This $600 million payout- which, according to the new Forbes reports, makes up more than half of Jenner’s real net worth- came when she sold 51% of Kylie Cosmetics to Coty. At the time, Coty valued Jenner’s cosmetics company at $1.2 billion, which made the $600 million deal a financially sound one.

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View this photo on Instagram Kris Jenner couldn't help but celebrate after Kylie Jenner sold major shares of her cosmetics brand to Coty for $600 million. 2019-11-18 · Kylie Jenner Scored $600 Million With This Savvy Business Move. Gary Trock. November 18, 2019, 9:41 AM. Kylie Cosmetics realized an estimated $177M net revenues for the trailing twelve months The reality TV star sold 51% of Kylie Cosmetics to publicly traded Coty, Inc. in January 2019 for $600 million; she pocketed $540 million, pretax. Documents later showed the business was much TV personality Kylie Jenner arrives for the 61st Annual Grammy Awards on Feb. 10, 2019, in Los Angeles. Valerie Macon, AFP NEW YORK -- Beauty products giant Coty announced Monday a deal to take a majority stake in Kylie Jenner's cosmetics and skincare company, marrying Jenner's celebrity prominence with Coty's distribution and commercial prowess.

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The Kylie Beauty founder and CEO This $600 million payout- which, according to the new Forbes reports, makes up more than half of Jenner’s real net worth- came when she sold 51% of Kylie Cosmetics to Coty. At the time, Coty valued Jenner’s cosmetics company at $1.2 billion, which made the $600 million deal a financially sound one. Kylie Jenner made $600 million on Monday, November 18, when she sold a majority of her beauty brand to Coty and celebrated with a home-cooked meal — details JAMEL TOPPIN Fragrance and cosmetic company Coty Inc. announced today that it will purchase a 51% stake in Kylie Jenner’s beauty business—which includes Kylie Cosmetics and Kylie Skin—for $600 In November 2019, Coty announced its intention to acquire a 51% stake for $600 million dollars, valuing the Kylie Cosmetics at $1.2 billion.

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19 Nov 2019 Coty said Monday that it will pay $600 million for a 51 per cent stake in Kylie Cosmetics and plans to launch more products under the Kylie brand  18 Nov 2019 At 22 years old, Kylie Jenner is the youngest member of the Kardashian clan. to sell 51% of her company, Kylie Cosmetics, for $600 million. 16 Dec 2020 Most of Jenner's revenue this year comes from selling 51% of Kylie's cosmetics company to public Koti.

The Guardian är en av de plattformar som har skrivit om nyheten och presenterat den minst sagt höga summan. Det handlar alltså om 600 miljoner dollar, vilket  Populariteten gjorde att Kylie Cosmetics gick som tåget, och i januari i år sålde Kylie Jenner enligt Forbes 51 % av företaget för den svindlande summan 600  Äkta Kylie jenner lipstick: Endast swatchade 230kr Gerard cosmetics läppstift: Alla är swatchade fö.
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This $600 million payout- which, according to the new Forbes reports, makes up more than half of Jenner’s real net worth- came when she sold 51% of Kylie Cosmetics to Coty. At the time, Coty valued Jenner’s cosmetics company at $1.2 billion, which made the $600 million deal a financially sound one.

Kylie Jenner sold 51 percent of her Kylie Cosmetics and Kylie Skin stakes to Coty for $600 million. But none of her sisters publicly responded to the news initially.