It was one of the biggest headlines this week! Kylie Jenner has sold a 51% stake of Kylie Cosmetics to City for $600 million
That values Kylie’s beauty empire at $1.2 billion.
Under the terms of the sale, Kylie and her team will “continue to lead all creative efforts in terms of product and communication initiatives.”
Cory Inc owns CoverGirl, ghd, Sally Hansen, Rimmel and more!
Her big sister Kim Kardashian revealed to Entertainment Tonight that the deal was actually in the works for over a year!