3 Beauty Brands That Transformed Celebrities Into Billionaires

Many celebrities have launched their own beauty brands in recent years, but only a few managed to find enormous success. From Rihanna to Selena Gomez, here are a few A-list stars who managed to build beauty empires that crossed the $1 billion estimation mark.

Fenty Beauty

With a net worth of $1.4 billion, Rihanna is one of the highest-paid celebrities in the world, but she doesn’t owe her fortune to music alone. She made many smart business decisions in recent years and started several brands, including the cosmetics empire Fenty Beauty, which prides itself on offering a wide range of beauty products for different skin tones.

Rare Beauty

Selena Gomez’s Rare Beauty is currently valued at approximately $2 billion and it’s one of the fastest-growing celebrity beauty brands in the world. It helped the former Disney star increase her personal net worth to $800 million, and she’s committed to donating 1% of the sales towards her mental health non-profit Rare Beauty Impact Fund.

Kylie Cosmetics

Kylie Jenner was once called the world’s youngest self-made billionaire at age 21 by Forbes, but it later turned out her net worth was overblown. She still managed to build a pretty impressive beauty empire with her brand Kylie Cosmetics, which was valued at $1.2 billion in 2019, when she sold a 51% stake to Coty for $600 million.

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