Billionaire Kylie Jenner sells 51% of her beauty company for $600 million

The world’s youngest self-made billionaire Kylie Jenner is selling 51% of Kylie Cosmetics to US makeup and fragrance giant Coty for $600 million. The youngest of the five Kardashian-Jenner sisters, Jenner will still be the face of the brand and be involved in creating new products. The 22-year-old started her beauty company in 2015 as a line of lip kits.