Kylie Jenner Cosmetics Company Worth - Pymnts News
Kylie cosmetics, llc is an american cosmetics company founded by kylie jenner. The company began selling kylie lip kits, a liquid lipstick and lip liner set, on november 30, 2015. In 2019, kylie sold a 51% stake in kylie cosmetics to coty inc.
This deal briefly made her the youngest self-made billionaire. She sold 51% of kylie cosmetics to coty inc. For a whopping $600 million, which meant her entire company was valued at $1. 2 billion. After taxes, she walked away with about $340 million.
