How much of Kylie beauty does Kylie own?

How much of Kylie beauty does Kylie own?

Kylie Jenner makes $600m from selling majority share in her beauty company. Kylie Jenner is selling a stake of her beauty business to the CoverGirl owner Coty, in a deal that values the reality TV star’s company at about $1.2bn. Coty said on Monday that it would pay $600m for a 51% stake in Kylie Cosmetics.

Who actually runs Kylie Cosmetics?

Laura and John Nelson were born into the business of beauty. Their father bought Spatz Laboratories — which manufactures all of the Kylie Cosmetics products — in 1989.

Is Kris Jenner CEO of Kylie Cosmetics?

She is CEO of her own production company, Jenner Communications. Kris manages the careers of her six children, Kourtney, Kim, Khloé, Rob, Kendall and Kylie.

Which Kardashian is the richest?

Kim Kardashian West – $1.4 Billion. Kylie Jenner – $700 Million. Kris Jenner – $190 Million. Caitlyn Jenner – $100 Million. Kourtney Kardashian – $65 Million. Khloé Kardashian – $50 Million. Kendall Jenner – $45 Million.

What does Kylie Jenner do with her money?

She’s most likely spending it in style, whether that’s renting a $200 million superyacht or taking quick trips on her $73 million private jet. Forbes previously declared Jenner the world’s youngest “self-made” billionaire at age 21, thanks to her makeup company, Kylie Cosmetics.

Is Kylie Cosmetics actually successful?

Social media following aside, she’s also known for her successful beauty brand, Kylie Cosmetics, which has contributed to her $600 million net worth.