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| Kylie Jenner sells stake in cosmetics company for $600m | Kylie Jenner sells stake in cosmetics company for $600m |
| (about 20 hours later) | |
| Kylie Jenner will sell the majority of her cosmetics company for $600 million (£463 million). | Kylie Jenner will sell the majority of her cosmetics company for $600 million (£463 million). |
| The 22-year-old's brand, including Kylie Cosmetics and Kylie Skin, will be controlled by beauty giant Coty. | The 22-year-old's brand, including Kylie Cosmetics and Kylie Skin, will be controlled by beauty giant Coty. |
| Kylie says she is building the brand into an "international beauty powerhouse". | Kylie says she is building the brand into an "international beauty powerhouse". |
| Forbes reported that she made $360 million in sales in 2018, making her the youngest self-made billionaire ever. | Forbes reported that she made $360 million in sales in 2018, making her the youngest self-made billionaire ever. |
| The chairman of Coty's board called Kylie a "modern-day icon, with an incredible sense of the beauty consumer". | The chairman of Coty's board called Kylie a "modern-day icon, with an incredible sense of the beauty consumer". |
| Her online influence is so powerful that she reduced Snapchat's stock market value by $1.3bn (£1bn) when she tweeted that she does not use the app anymore. | Her online influence is so powerful that she reduced Snapchat's stock market value by $1.3bn (£1bn) when she tweeted that she does not use the app anymore. |
| The reality TV star launched her brand in 2015 with a line of lipsticks, and has since then branched out into face make-up and skincare. | The reality TV star launched her brand in 2015 with a line of lipsticks, and has since then branched out into face make-up and skincare. |
| Although she's the youngest, Kylie is the highest earner in the Kardashian family. | Although she's the youngest, Kylie is the highest earner in the Kardashian family. |
| She faced backlash after being named a "self-made" billionaire, but defended herself saying that none of her money has come from inheritance. | She faced backlash after being named a "self-made" billionaire, but defended herself saying that none of her money has come from inheritance. |
| She has more than 151 million followers on her personal Instagram account, as well as 22 million on her Kylie cosmetics account. | She has more than 151 million followers on her personal Instagram account, as well as 22 million on her Kylie cosmetics account. |
| Coty, which owns brands like Max Factor and Hugo Boss, will have a 51% stake in the company. | |
| It said the deal will be completed in 2020. | It said the deal will be completed in 2020. |
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