When Kylie Jenner launched her beauty brand, Kylie Cosmetics, back in 2015, it consisted of just 3 lip kits so fans could replicate her famous plump lips. Fast forward 4 years and the billionaire beauty mogul now heads a whole beauty empire, with her brand becoming a worldwide success - earning her the title of Forbes' youngest billionaire of all time.
There's no doubt that the star has earned a big buck from her beauty venture, but now it seems she's going to pocket much more. $600 million, to be precise...
The star unloaded 51 percent of Kylie Cosmetics to a well-known beauty conglomerate and has reportedly bagged $600 million for the sale.
Wondering what this now means for the future of the company? Or how much of a say will Kylie now get in the running of her business? Keep scrolling to find out.
Who doesn't know of Kylie Jenner?
via: Getty Images
Kylie Jenner is the youngest sibling of the Kardashian/Jenner clan, and she has recently been labeled as the youngest "self-made" female billionaire in the world.Kylie was born in 1997 in California.
She was born to Kris Jenner and Caitlyn Jenner (who was then Bruce Jenner before her transition).She is the youngest sibling of the famous family...
And Kylie and her big sister Kendall became the iconic duo in the reality series Keeping Up With The Kardashians when Kylie was just ten-years-old.They were both well known for their bratty and dramatic behavior...
via: Getty Images
They were teenagers, after all...The sisters grew up very quickly...
Kendall went on to pursue a successful modeling career, and desperate to not be left behind, Kylie grew up at an alarming pace - starting by altering her entire appearance.It started with the infamous lip fillers...
Inbetween 2014-2015, Kylie's lips were noticeably fuller and much plumper. Lip fillers were very much apparent, but Kylie continuously denied having surgery and instead blaming her sudden change in lip size on lip liner alone.This caused a complete media frenzy.
Kylie eventually admitted to having lip fillers due to her insecurities. But of course, who cares what a person decides to do to their bodies, right?This began the transformation of the modern-day Kylie Jenner.
Kylie began to look a lot older, very quickly. Her features became much more enhanced, such as a sharper jawline, fuller cheeks, and her body even appeared to take on a much more "hourglass" shape.She also began to build a career for herself.
Apart from KUWTK and a few modeling jobs, Kylie decided she wanted to take a step down the path of business, so she started her own company in 2015 - Kylie Cosmetics.Kylie Cosmetics is unbelievably successful.
Within its first eighteen months, Kylie's company made $420 million in sales, and it is estimated that Kylie personally earned $60 million after taxes from her business.Meet "billionaire" Kylie...
Kylie's cosmetic brand has gone on to be a huge success, making Kylie one of the youngest and most wealthy businesswomen to ever live, according to Forbes.Kylie Cosmetics began with just 3 lip kits...
via: Kylie Cosmetics
The inspiration for the debut lip products came from Kylie's insecurity around her own lips. Though (eventually) admitting to getting lip fillers, she recognized that fans wanted to replicate her signature nude lip, so, she knew she had thousands who would fall over each other to use the same products as her... thus a business idea was created.