The 22-year-old beauty Kylie Jenner who is younger sister and half-sister to Kim Kardashian, earned in the day the entire four-billion by selling 51 percent of the shares in his company the Greatest Cosmetic.
the Buyer of Kylie Cosmetic is the global skønhedsfirma Coty. And out from the sale, it can be assessed that the Greatest Cosmetic have a total value of approx. 8 billion dollars.
It writes several media outlets including Fox News and the AP
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A lovely day at the office for Kylie Jenner, who is now four billion dollars richer. (Photo: Ritzau Scanpix)
It was the company Coty, which even revealed the gigantic trade. The international skønhedsfirma now has plans to launch even more products under Kylies brand as well as sell them in several countries around the world. The sales contract shall enter in earnest into force at the beginning of next year.
Kylie Jenner founded his company in 2015, and she used its more than 100 million followers on Instagram to promote its beauty products, including her popular lip pencil and her famous lipstick. Today’s date has Kylie Jenner all 151 million followers on Instagram.
despite Pashacasino the fact that Kylie Jenner no longer holds the majority of her own company, she must still, however, has been the public face of the company. And she comes also in the future to create and to create new products for the company.
‘Kylie is a modern icon’, says Peter Harf, chairman of Coty.
The global company Coty hopes that the celebrity effect from Kylie Jenner can help to increase sales in the company and establish contact to the buyers under 35 years of age. A group, as traditional make-up companies have had difficulty reaching.
Kylie Jenner has, of course, also ruled in the context of the big sale:
‘I’m excited to be partnering with Coty, so we can continue to reach out to even more fans of Kylie Cosmetics and Greatest Skin in the whole world’, says Kylie Jenner.
Kylie Jenner is one of the most popular young women in the world. Here in the unusual green outfit. (Photo: Shutterstock)
