Four or five years ago, Kylie Jenner started doing stuff to her face. I remember people commenting at the time that Kylie was getting so much work, she was beginning to look like Kim Kardashian’s mini-me. It seemed like an easy joke at the time: Kim was the prototype, the Kardashian-Jenner sisters were following in Kim’s footsteps and Kylie was trying to be the most successful copycat. Then it changed within a few years. Suddenly, Kylie was the biggest deal in that family. She had a huge fanbase on Instagram and Snapchat. Her little side project – lip kits – was a huge success and Kim was playing catch-up. For the past two years or so, that’s the story: Kim and Khloe are copycatting Kylie’s Instagram-influencer vibes and they’re trying to build their own cosmetics/perfume/underwear/whatever businesses. Only their businesses are nowhere near as successful as Kylie Cosmetics.
So, this week we learned that Kylie sold a 51% controlling interest in Kylie Cosmetics to Coty, a global brand which paid Kylie $600 million. It is HUGE news. Kylie has long been seen as a legitimate businesswoman and someone who managed to organically (almost instinctively) build a billion-dollar company in her own image. You would think that her sisters would be pouring on the compliments, online and in real life. But… it’s been radio silence from the sisters on social media. LOL.
Kylie Jenner sold a majority stake in her cosmetics company for an incredible $600million on Monday, making front page headlines worldwide and setting social media ablaze. Yet there was a noticeable lack of interest in the world’s youngest ever self-made billionaire’s triumph from one surprising quarter – her own family.
Indeed scrolling through the Kardashian-Jenner’s multiple posts in the past 24 hours, one begins to wonder if big sisters Kim, Khloe, Kourtney and Kendall are not in fact quietly seething about the achievement. For while Kris Jenner had plenty to say on the subject – as Kylie’s momager she’s of course likely to be celebrating her own impressive payday – not one of her siblings had any comment.
Instead Kylie’s big sister Khloe Kardashian, 35, celebrated the ‘OG trio’ – the family’s original Keeping Up With The Kardashians stars – herself and sisters Kourtney and Kim. The post was in order to plug the trio’s new KKW fragrance, and is likely a contractually required part of her promotional duties. But Khloe also shared a picture of her stunning home, while making no mention of Kylie’s huge achievement. A surprising omission from Khloe, who as KUWTK viewers will recall was for years one of the closest family members to the 22-year-old. And Khloe wasn’t alone. Indeed aside from Kris, who insisted it is ‘truly a moment for our family to be proud’, not one of the Kardashian-Jenners acknowledged the huge payday in any form.
I’ll admit it, the sister dynamics fascinate me. I’m an only child, and I enjoy watching sister drama from a distance. I think Kylie has actually done an admirable job of separating herself from her family in a healthy way – she hasn’t canceled anyone, her sisters are still in her life, but it seems like she understood at some point that all of their manufactured drama wasn’t going to help her long-term, so she tapped out. She still does some stuff for the show and she still sees them, but there’s a separation there. I would have expected her sisters to say SOMETHING about Kylie’s achievement though. It’s possible they’re just saving their reactions for the show. But still – not even a tweet? One cheesy Instagram message saying something about how proud they are of their youngest sister? Maybe those bitches are seething.
Photos courtesy of Instagram, Avalon Red.
I can see Khloe seething… but not Kim?
Kim is very successful in her own way, her make up isnt as popular as Kylie’s but her “skimwear” (???) Got sold out like within a day and remains sold out constantly. Her perfume is apparently doing good or projected to do good and her press lately is very good, with her prison reform work and law school etc. I feel like her fame is shifting to a different crowd. Kylie appeals to younger generation, makeup fanatics (like myself) and such, though I will say I do not like her line. It’s very streaky and chalky (just my opinion on the product.) She has a good business nose so like, good on her.
I think that’s an astute observation. I think most of them (Kim, Kourtney, Kendall) have different “priorities” when it comes to their fame. Now, I think there will be some casual FOMO, but nothing to break the family apart.
I also tried a couple of her products (lip kits and a contour/bronzer palette) and did not like any of them. The lip kits were too drying and the contour/bronzer were way too orange in tone. Now I have dry lips in general so I might not be the target audience buuuut colorpop and Jeffree star’s lip products do not give me the same issues
@Julie
It is very orange! And the lip products seriously split my lips they are so dry.
I feel like Kim and Khloe might also be annoyed that Kylie doesn’t want to be more involved with the show. It’s not doing as well as it used to and they could use a boost from Kylie to bring in new viewers.
I don’t know. Kylie had her own spin off show but it only lasted one season. It was boring.
There’s a blind item going around that all the Kardashian’s buy all their followers. And they actually only have about 1-5% of followers that really engage (meaning real). I read the report, and its about manufacturing propaganda and building a “brand” that appears to be in high demands. Her numbers don’t add up. Kim did the same thing with that Hollywood game. It was not even worth 1/5 of what she was claiming. The game was already created and was on the market for over 2 years. They just added he likes to the game and manufactured all these stories that would captivate them into a new class of celebrities.
On BG it says that Kylie’s brand was suffering and she actually had to sell most of her share. This si another lie to garnish more publicity.
@JIMMYWHO Eggzactly!
This family is all smoke and mirrors and injectables.
https://blindgossip.com/financial-tales-part-1/
Gah.
I can’t even fathom what I would do with that much money. Already a billonaire? DONATE that money. FFS.
Seriously! WHY are we excited about the privileged using their privilege and the rich getting richer?
The girls buying Kylie’s makeup will be lucky if they can retire by 70 because Kylie can probably pay as little in tax on this deal as possible…. just like all of the other multi-millionaires and billionaires.
This deal is nothing to celebrate.
Oh god, I’d have a mixture of ridiculous purchases with a massive side of guilt. I’d probably end up funding an animal rescue or something at the very least – I can’t even imagine that kind of money.
I’m at work, coding out a site that has this beautiful home in the website banner – it’s what I would call an absolute luxury home. It’s located in Martha’s Vineyard, so I’m sure it probably goes for a few million easily, but where I live houses are just SO much less. I’m definitely not living the life of luxury but I was able to buy a perfectly nice little bungalow with a couple of acres for $104k CAD. Heck, a half million dollar house blows my mind. It would have been a drop in the bucket for Kylie and it’s just so mind blowing to me because I can’t even imagine that kind of money.
@Erinn, where do you live?!! The only house I’ve bought was a foreclosure and 118 thousand US dollars!
But she’s Kylie Jenner, not Jones. It’s her last name that had the clout and her mothers drive that was 80 percent of the factors she needed to launch a makeup line. However for a high school home schooled 18 year old with anxiety and a crazy family and an early pregnancy that she handled as well as possible, Kylie, your the smartest of your sisters, congratulations on your success. Kylie seems like a nice person I hope she starts some kind of foundation to help teens and gives back. Of course her sisters are going to be jelly, And I hope she enjoys it and goes easy on them.
Great post!
Good for Kylie, but yeah, those bitches are seething. Maybe Kendall the most.
I 100% agree that Kim Khloe and Kourtney are seething. They have been trying to get out of reality and trying to cash in on Kylies success without as much success.
I always saw Kendall and Kylie as the ones who didn’t want that reality life and struggled to get on board with it. So they went to way of modeling and lip kits.
I don’t think Kendull has enough brain cells to even fully understand the business deal.
I’ll never forget her crapping on Kylie’s lips, meanwhile fast forward a few years and now her face is just as fake, if not more.
In my mind this is everything wrong with the world. All the girls are truly, staggeringly rich … but not rich enough? All the girls are blessed beyond belief, but can’t be thrilled about their sisters triumph? It is everything wrong in the world. Everything. Immoral, unethical, sad and unsupportive. From such demonstrative humans on social media? They should be applauding, but aren’t. Gossips like us notice!!! Just sad.
There are rumors that the deal isn’t being reported accurately. I wouldn’t put it past the Koven to Kosmetically enhance the terms of the Kontract. Why would you sell Kontrolling interest in your Kosmetic empire if you didn’t have to? Maybe she is the smart one after all, however the words fire sale have been tossed around the beauty guru gossip corner of the internet.
I have heard the same thing. The sale isnt what is being reported according to some places. Its being called a fire sale. It wasnt doing good as she didnt know how to properly run a company. Selling majority share to a massive company with leadership that knew what they were doing was the only way to keep Kylie cosmetics profitable and still going. Knowing the Kardashians track record for lying about everything I can find this believable
Unless anyone has seen the deal documents, then everything is speculation. We don’t know what Kylie’s ownership interest was. It could have just been a licensing deal. The $600 mil could be offset by outstanding liabilities. If Coty is a public company they will have to give details. But that won’t be for months and by then we would have moved on.
The 8-K from Coty has already been filed with the SEC. (They can’t do a press release without that, since they are a public company). I just read it and it’s wild….her payment is *not* Coty stock, it is straight $600M in liquid cash, and the filing didn’t mention the assumption of any debts or liabilities. I am in shock that a company of 8 people was able to do this.
I have also read the blind gossip story and I just don’t believe it. Not after knowing that Shane Dawson’s cut of his collab with jeffree Star was 10mil for only the first run.
Kylie’s been in the game 4 years now. She is making bank
and Jefree made 20 million by spending ZERO marketing dollars other than their free youtube platform. With there Infomercial err I mean “documentary”.
There is mad money to be made in makeup and now it’s over saturated with too much product.
@AppleTarin
I agree, it’s oversaturated and is coming to an end. It was a fad. I have noticed girls wearing less make-up now and wearing very athletic clothes more than anything. A face full of make-up isn’t on trend anymore Thank God. That contouring was horrible ! These make-up Gurus will have to find something else to do or just retire and enjoy the millions they made. Kylie knows the make-up game is about to change (for the worse) and she got out just in time.
Why do siblings have be to be envious? this isn’t the RF! Normal siblings are happy for their brother/sister’s success.
I don’t know. Would you really need to congratulate your sister on a couple more millions when she’s already a billionaire? Not only that but just because its not on social media doesnt mean its not being said or felt.
Say what you want about these women but they are fierce. They use what they have (and its a lot which is why the gains are always a lot) but most people don’t know how to build off their opportunities in life. These ladies do.
The whole family should thank Kris. She has incredible business instincts.
Kim made the most of her sextape and seems to be streetsmart. Kylie probably doesn’t work hard but she understands social media like no other so credit to her.
Still, Kourtney is just tagging along while millions fall into her lap and anyone tall, pretty and born into a family with that level of fame could’ve become a model like Kendall. These two didn’t achieve much given their fame, platform and opportunities.
I think that $600m figure is extremely overexaggerated.
Agreed. And also this: “Kylie has long been seen as a legitimate businesswoman and someone who managed to organically (almost instinctively) build a billion-dollar company in her own image.”
Drinking the Kylie kool-aid much?
Kanye’s probably already asked to borrow money. 💰
I’m amazed how much Kylie and Kendall resemble Kim for not having the same father. Kris’s genes are strong. I wish someone in the family would make their cosmetics more environmentally friendly, less packaging, whatever, take it to the next level if your company is that successful, take some responsibility.
Stop celebrating mediocrity and nepotism and unearned achievement! Kylie is not some shrewd business woman making deals behind the scenes. She shouldn’t get credit for scoring a run when she started off on third base. She is a mascot. I don’t see how she is any different from the Trump children.
THIS!!!!! THANK YOU!!!!
I bet Kim is jealous. She likes being the “trailblazer “ and always takes credit for any success her sisters have- “I bought her a career.”
All signs point to yes
Of course the sisters are jealous. I bet they’re as competitive as hell and are seething over Kylie’s coup. Also, she got the headlines. They’re probably even more competitive about who gets headlines, ’cause . . . famewhores, ya know.
You know Kim is still probably pulling the “I made you all rich and famous” card. Like they owe her for life or something. Plus Kanye just recently complained about Forbes not listing him as a billionaire (even though he’s NOT one), yet Kylie was on the cover lol. You know the whole family is jealous except Kris of course. I bet Kim is like “well I’m saving the world, what are YOU doing Kylie ???!!!!”. LOL. Also, I have heard Kim say numerous types “Kylie is mom’s favorite now”. Ouch !
Seriously though, who isn’t jealous of her incredible financial success? I know I am lol!!
I think the jealousy goes both ways. The family pushed Kylie to be a “model” when she didn’t have the looks for it, and Kylie took a lot of criticism. I think that’s what pushed her into plastic surgery so young. Despite all her money, I wouldn’t be surprised if she still was jealous of her prettier sister.
I wouldn’t be surprised if they purposefully weren’t posting just so this could be a “story.” As to whether they really care? Probably, to some extent. I have two sisters and we all love each other to death but it’d be a lie to say our parents didn’t raise us to be competitive with one another (which isn’t great.) The hardest thing is when two or more of us have the same hobby/interest so there’s a direct comparison – like these girls and their makeup. It’s good Kim is focusing on other arenas or I bet she’d be furious.
They are all set for life in their own ways. Except Rob and Mama K I’m sure has a trust for him so he can live comfortably the rest of his life. While putting restrictions in place so the Instagram models don’t rip him off.
Kendall’s face looks extra jacked up here!