About two years ago, Kylie Jenner opened up about Kylie Cosmetics and why did she start her business. The youngest Kardashian sister revealed that her lip kits started with her obsession with make-up and lips and how the star took her insecurity with her lips and turned it into her business model.
How much money did Kylie Jenner start her company with?
Kylie’s main source of revenue is her cosmetics company, Kylie Cosmetics. She started the company at just 17, reportedly using $250,000 of her own money to launch her lip kits. That $250,000 came from various brand sponsorships and deals her mother helped secure for her during Kylie’s teenage years.
Why did Kylie sell her business?
If you don’t know, in November of 2019, Kylie announced that she has sold a majority stake (51%) of her company Kylie Cosmetics to Coty. … “The reason why I sold half my company was to have this big infrastructure to go global,” the 23-year-old makeup mogul and reality star said in the video.