Healy Bieber sells your Beauty Company Road to a billion dollars | Style
Healy reached the Bieber Milmillonario deal. Businessman, actor Stephen Baldwin’s daughter and Singer Justin Bieber’s wifeThe beauty of the beauty was given the ball, where the brands that celebrated the commanders were growing. The 28 -year -old girl sold her company for a billion dollars called the company as a road (which is her second name). However, she takes a very small percentage of that money, not the only owner of the company.
This is an American company ELF Beauty Products With the businessman she has achieved a deal to keep her porn and expand the universe, focusing on makeup, on the skin care, in which the road specializes in the road (which makes color products). According to the Specialized Press, a road deal quoted on the New York Stock Exchange – Today’s $ 89 in this action – has $ 600 million in cash, in the future payment of 200 million shares and the future payment of $ 200 million, depending on the company’s growth in the next three years Vogue.
According to the announcement of the agreement, the road reached over $ 212 million in March 2025. Therefore, Bieber is responsible for the discovery and creativity of his place, but in this process he does not know how much money he makes, because the percentage of the company is really his. Although he gave his name, his face and his magical touch when selling, there were actually two financing vehicles, which are called Angel Capital Management and Asar Ventures. Bieber is unaware of the Bieber’s participation in the company, so the money is taken, but such Forbes They calculate “nine toys”, which means a maximum of $ 10 million.
Beebers Company – Catched with a singer from 2018, Him a son, jack bluesNine months of- He has just three years of life, And after this financial agreement she maintains creative control. He reached the markets with just three products in the summer of 2022 and It went viral thanks to the usual tube -shaped lip bamThis is the businessman created a mobile case For thisIt is a sensation in network and sales.
The deal will be closed, explained the brand between July and September. ELF Executive Director counted in an interview with The Gow CNBC After 34 years in the consumer market, I haven’t seen such good statistics in a short time like the road. “I never thought it was possible,” said CEO Tarang Amin. “So that level of disruption certainly caught our attention.” While their products have a cheaper price, more than six dollars, The roads are in almost 30, It makes them close to another kind of user.
Bieber himself – in full media pull, because it acted Cover of summer number Vogue In the United States– He is happy and excited to bring his brand “to more faces, places,”, and this cooperation promised in a statement that “this cooperation” with more innovative products and global distribution will be “better to” to make it better to its society.
As she described in an interview ForbesBieber tried to create a choice of very specific products and flee from chaos and for the noise of the heavy global beauty market. In 2024, it became a skin care brand with the best media estimate of 360%growth. In addition to its website, Bieber has been able to put the production on the Sofora website, the most important distributor in the field. A few days ago, Sephora announced that it would start selling brand in the United States, Canada and the United Kingdom.
Celebrities – especially famous people – that his name is no longer in line with giving his name to perfume or lipstick, but the last victory case that proves to be associated with enormous success in the creative and economic process. Bieber’s good friend, Kylie Jenner – little girl from the Kardashian clan -, He sold over 600 million in 2019 after he sold 51% of his Homonimus brand. That movement was able to place Milmillonarios’s Forbes list, However it was expelledWhen I know He knows that he has raised accounts.
It also worked very well Rare beauty marketBrand Selena Gomez – Definitely, Justin Bebers Ex -Partner-It has only $ 2,000 million with just five years of life and $ 367 million in 2023. Rihanna and her company, fenty beauty, have many tones in their makeup bases; There are its products Sales success.
