Kylie Jenner sold a $600 million majority stake in Kylie Cosmetics to Coty

American beauty conglomerate Coty Inc. has announced yesterday that it is acquiring a 51% stake in the celebrity’s beauty empire, Kylie Cosmetics, for $600 million in cash. After earning the title of the world’s youngest self-made billionaire by Forbes, Kylie Jenner is about to get a lot richer. American beauty conglomerate Coty Inc. has announced…

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