Selena Gomez, the actor, singer, and entrepreneur behind Rare Beauty, is looking into investment or acquisition offers for the company, according to a new report.
Rare Beauty, which is reportedly worth $2 billion, appears to be in private talks with bankers who are interested in investing or acquiring it, Bloomberg learned through “people familiar with the matter.” Gomez would still be involved with the business and has hired advisers to weigh offers from different firms, per the report.
Kylie Jenner and Rihanna became billionaires through their beauty lines, with Forbes estimating that $1.4 billion of Rihanna’s $1.7 billion net worth comes from Fenty Beauty. A November 2019 deal placed Kylie Cosmetics
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