Kylie Cosmetics is 'less profitable than the family has spent years leading the cosmetics industry and media outlets to believe.'
), reports now that Jenner is no longer a billionaire, especially after the coronavirus pandemic adversely affected beauty consumer spending and stocks.reports that Jenner's beauty company Kylie Cosmetics"is significantly smaller, and less profitable than the family has spent years leading the cosmetics industry and media outlets to believe" after reviewing filings from Coty, the publicly held beauty company to which Jenner sold 51 percent of Kylie Cosmetics.
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