Obviously the richest Kardashian decided to sell some of Kylie Cosmetics !
The star of The Incredible Kardashian Family has made a fortune with her make-up brand but it looks like she has decided to part with part of her business, or all of it.
Coty, a makeup empire that already owns Rimmel London and Covergirl , would like to buy 51% of Kylie Cosmetics for $ 600 million. Which would mean that Kylie would continue to own part of her brand but less than half.
A few months ago Kylie was criticized for having been described for a “self-made billionaire” by Forbes magazine despite the fact that she already owned millions by her family.
At the time, she said,
“I have not had money from my parents since I was 15 years old. All I possessed I put in my business and not a dollar in my account comes from my inheritance. I am proud. ”
She then confessed that his situation was complex.
“I can not say that I did everything alone. If we talk about finances, yes. Because technically I did not inherit money. But I had a lot of help and a big platform. “
As long as we can continue to buy his products, we do not care a lot about who owns his business, in real life!
Not you ?