Kylie Jenner Rumored To Be In Talks To Sell Stake In Kylie Cosmetics

Kylie Jenner

Kylie Jenner Rumored To Be In Talks To Sell Stake In Kylie Cosmetics

The youngest member of the Kardashian-Jenner clan has found an extremely popular financial niche with her self-titled Kylie Cosmetics line—however rumors are swirling that Kylie Jenner is in talks to sell a hefty stake in the company in a multi-million dollar deal.

Kylie Jenner’s Kylie Cosmetics rise within the beauty industry is astronomical, and responsible for her current “youngest self-made billionaire” status. Now, according to reports, Jenner is said to be in heavy talks to sell off a substantial stake in her company to Coty Inc.

Kylie Jenner

Inside sources say that Jenner is possibly interested in selling a stake in Kylie Cosmetics for 51 percent or more. An investment stake that large doesn’t come without a large price-tag—and Jenner is rumored to be courting an offer of at least $600 million.


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This news comes shortly after Jenner dropped her latest beauty venture Kylie Skin, and is said to be branching out to hair products and a line for babies—likely inspired by her 1-year-old daughter Stormi with rapper Travis Scott.

Travis Scott, Kylie Jenner and daughter Stormi

 

What are your thoughts on Kylie Jenner selling a large stake of Kylie Cosmetics? Let us know in the comments!

Authored by: Danielle Jennings