The success of her growing beauty business led Jenner to sell a 51 percent stake in herwhich owns other beauty brands including Covergirl, OPI, Rimmel, GHD and Clairol. The sale valued the company at almost $1.2 billion. While Jenner did sell a majority stake in Kylie Cosmetics, according to an official release, she and her team will continue to lead all creative efforts of product development and communication initiatives.
RELATED: Kris Jenner Discusses Daughter Kylie Selling Majority Stake of Kylie Cosmetics for $600 Million “I’m excited to partner with Coty to continue to reach even more fans of Kylie Cosmetics and Kylie Skin around the world,” Jenner said in a release. “I look forward to continuing the creativity and ingenuity for each collection that consumers have come to expect and engaging with my fans across social media.
“We don’t see any weaknesses. We see strength everywhere. We see strength in cosmetics. We see strength in skincare both digitally and in the launch in Ulta,” says Coty’s Chief Financial Officer Pierre-André Terisse in a conference call with investors., Jenner used her loyal fanbase and powerful social media platform to catapult the brand into one of the fastest growing companies in the beauty business.
The mogul credited her millions of social media followers as the key to her success. “Social media is an amazing platform,” she said in the
Shows what a shallow world we live in sad!!
I can’t take the term “self-made” being applied to someone who has been on an international TV series with free publicity since they were a child, celebrity parents and an already famous sister. I’m not saying she hasn’t worked hard, but we need to recognize privilege.
But she wasn’t self made....
Imagine what those billions could do for the world. I'm sure she is doing something to help at this time, won't make a call on that. Just hope she is.
How could she be self made when her family has money?!?!
I. Can’t. Deal. With. This. 🤬🤬🤬
Far from self made
Who cares
Who gives a shit!
Selfmade Wtf.. she worked so hard to get out the trenches of Beverly Hills...bahahahahaha
She hasn’t done a bloody thing to help the millions of unemployed ppl. 😒 These healthcare workers and good samaritans are the only ppl who deserve recognition during this time. Y’all need to do better.
Nobody cares about her or the idiots that keep buying what ever products she peddles to keep this erroneous title. She came from money and popularity. Self-made is when you come from nothin'. They need another word to define her status! Plz stop!!!
Self made? That's a joke.
No one cares look around you people are loosing jobs and thousands dying and you tell us how rich this narcissistic personality is
Only in America! Pathetic Internet garbage platform taking over the minds of young girls! Sad times KylieJenner role model no way. As fake as it gets.
What's next Stormi will be the first 'Self-Made' Billionaire Baby Forbes
What did she do buy Forbes!
Seriously!!!what a joke!!!
Has she make a donation to relief the situation?
Seems like great timing to give a platform to a boring, talentless child with a billion dollars when the whole planet is having a collective anxiety attack about their financial futures... 🙄
Self made No way.
You seriously misspelled 'trust fund'
Because her parents are rich as fuck! Duh
She is really insignificant
Damn, now Kris Jenner is paying Forbes off to promote another one of her kids too, she is relentless!!
She’s not self made. She has her rich family backing her. If she fell on her oversized lips, they would have her back or she could just marry rich. Honestly...
Whether she is, or she isn’t self made, it is an amazing smart young woman who took what she had & made an empire. No matter what she had prior, the point is she took those assets & made soething out of it. Congratulations Kylie, you should be proud, BILLIONAIRE, that’s amazing
What, exactly, does she 'do'? 🤔
anjenhhgg
All because of a sex tape. Bravo
Good. People are dying
Good for her!
Kylie Jenner is selfish! & immature
Congratulations. Now show your generosity helping the people that helped you to get there! They need you Now!
She’s not self made!
“SELF-made”... 🤣🤣🤣
We're doing this again? 🙄
‘Self-made’ LMAO
Great accomplishment for someone so young but she is savey.
Dictionarycom here we go again..
Self-made no, but she is still a billionaire.
You media made her!
She is not self made, why would Forbes named her self made again
She’s NOT a self made Billionaire!!
Stop 🛑 she is not self made
She's not self made. She rode Kardashian coattails.
'Self made'
Yes thank you for rubbing tjat in our faces as we all set here struggling to pay our bills, out food in the house and buy essential needsfor our home and children... 🙄
How is she self-made
Not Self Made
So, when are we eating the rich?
I swear y'all just trynna make us talk and debate on this...but the corona has matured us. Next.
Don’t care
Self mad Forbes haha stop
Oh goody.. I was afraid there wasn’t any news on that bunch today....🥴
Isn't she the highest paid model? How can that be? Oh wait I think I already know. Again.
wahoo...meanwhile I still sit here unemployed and broke corona
I just read your article. So if she sold 51% of her stake to Coty. How is it that she still gets to call the shots? Oh wait I think I already know. Moving on.
Sharing is caring.
“Self made” ...okay
👍👍👍👏👏👏👏👏good for you . . . Hope you donate some to people that need help.
Yet only donated a million to help fight the plague upon us while other celebrities with far less donated far more and the twitter guy donating a billion.
If she’s self made then I’m Straight.
She is not “ self made” she was born into wealth lol 😂 but she is making something of herself which I do commend because a lot of these rich kids born into wealth are drug addicts or don’t do anything with their life. So kiddos to her but she’ NOT SELF-MADE
Self-made? BS!
SHE 👏🏻 AINT 👏🏻 SELF 👏🏻 MADE what dictionary are they using?
👏👏👏A Young Self Made that came from a poor or low income family home, would be a SELF MADE 👑 But if she comes from a family who have always lived around celebrities it’s definitely NOT SELF MADE. 🤷♀️🤔🤔🤔🤷♀️
Self-made? No, you want self-made, then shout out to JeffreeStar
EAT THE RICH
So how many women this year actually physically picked themselves up from literal nothing to do big things not just for themselves? Just her? And 2 years in a row? This is now a Kartrashian magazine and People’s has actually died a few years back.
She did it all by herself? No way ... I thought she was just born into a rich family. I think her mom is Kris Jenner 🤔 right... but what do I know lol .
More like 'Kris-Jenner-business-savvy-made'
Y’all just trollin now.. 😒
Maybe she can bail them out this season 😃
Jenner isn't self-made...
Forbes I know work is tough to do right now but you really couldn’t do the research to find us an actual “self-made” billionaire. Slackersss man
Is this the same Forbes magazine that touted Elizbeth Holmes as the youngest self made female billionaire in 2014?
🤮🤮🤮
I'm here just for the comments
in what world is she self made lol
Cool. Thanks.
Who was her competition? And why is this even news? People are sick and they’re dying in this country. Do the right thing people and tell stories on the folks who have recovered from this horrible illness.
Subjective
Yeah because her sister had a sexy tape that made them “famous” which allowed her to attain to money to start business
I get it. You people love to glorify fake shit. People included. Do ya Get it yet people!
I'm not hating and definitely not jealous...just stating the facts!! What's so special and different about Kylie's products/brand....NOTHING it's because she's already famous
She is not self made.
Wow okay
A Self made person started from the bottom up not from UP to higher. WHATS the definition of Self made to the already rich and connected!
YEAH this is BS!! It's all about CONNECTIONS and your last name
Yeah born to a famous millionaire family now a billionaire...YEAH SELF MADE KylieJenner. It's because of her connection and her name that helped her become so 'Successful' (FACTs)
Not buying it.
I’m sorry I really cannot understand this. I understand numbers don’t lie but This has to be a slap in the face to blacks, cosmetics BEFORE her, and the beauty moguls Now!
Forbes is actually out there advertising billionaires during a pandemic that has many millions of people without work? Cool.
Nope!
She. Is. Not. Self. Made. Nice job of her mom buying off Forbes, though 🙄
We can bitch all we want but the majority of ‘self made me millionaires are not self made either.
Donate money to unemployed
Please. Not even by the loosest definition is she self-made.
Yeah, self made billionaire KylieJenner donates $1 million and rihanna who isn’t a billionaire... “yet” donated $5 million to Covid-19. 😏
She’s not self made, but congratulations to her on her success.
I thought it was determined that she is not “self made”!?
Self made...
Scratch off Self Made please. Facts only.
Self made ? Hmmmm
*******NOT SELF MADE****** Most Americans can not start a business because of the financial needs. She had it.
Self made Forbes might wanna check the meaning of that word.
But she’s not self made....
Must be nice
Yeah try being born into poverty and becoming a self made billionaire... please she was fuckin born into money!!!!!
Maybe it’s time to celebrate goodness and kindness instead of wealth and money. Wishful thinking, I know.
Self made
The kartrashians! 🙄🙄🙄
Bahaha yeahhh ok JeffreeStar please tell em
When you start off with a couple million and a Tv platform for 10 years......
I would hope kylie wouldn't put HERSELF in this category knowing that so many women that worked so much harder from nothing and overcame so much to truly be 'self made' I personally would feel ashamed.
Would be impresive if she can keep the streak going for 10-15 more years
She need to leave all that hard drinking alone..she look hard in the face.
la dee freakin’ dah.
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