Kylie Cosmetics / Coty
Coty bought a 51% majority stake in Kylie Cosmetics for $600 million, valuing the brand at $1.2 billion (2019); Coty later took an impairment charge on the deal.
Source: CBS News, 2019 ↗The celebrity money desk
Who's really writing the cheques
Jenner is a brand-builder rather than a documented outside investor: her wealth comes from her own companies — Kylie Cosmetics, Kylie Skin and the Sprinter drinks brand. In 2019 she sold control of Kylie Cosmetics to Coty.
$1.2B Kylie CosmeticsCoty bought a 51% majority stake in Kylie Cosmetics for $600 million, valuing the brand at $1.2 billion (2019); Coty later took an impairment charge on the deal.
Source: CBS News, 2019 ↗Photo: Hayu (YouTube) — Wikimedia Commons, CC BY 3.0
Kylie Jenner: From Lip Kits To A Billion-Dollar Fortune · via Forbes
Unlike others here, Jenner has no publicly documented record of investing in outside companies — the notable deal is the sale of her own brand. Forbes has disputed the valuations tied to her wealth, and Coty's later impairment charges indicate the $1.2B deal-day valuation did not hold.