Hailey BieberThe recent $ 1 billion agreement with Elf Beauty has great advantages.
People He reported Thursday, May 29, that Bieber, 28, had received a “generous cash payment” for the acquisition by Elf of his rhode company. Sources have declared to the point of sale that the agreement had “come” to Bieber and it was “honored” to have its hard work recognized by a leader in the beauty industry.
Bieber would be “incredibly excited” to bring the Rhode to the “next level”, which it believes possible thanks to the “resources and support” elf.
After the news broke out from the agreement, Bieber was photographed when leaving to celebrate. According to the photos obtained by PeopleBieber was released in a mini-black without black-red long while attending dinner in Los Angeles.
Hailey Bieber officially went from the beauty magnate to the billionaire in good faith, thanks to the acquisition by Elf Beauty of his brand of cult skin care, which was announced on Wednesday, May 28. In an agreement that sent shock waves through industry, Elf Beauty announced its agreement to acquire Rhode for a billion fresh dollars, according to a break from Elf Beauté […]
US Weekly contacted Bieber to comment.
The news broke out on Wednesday May 28, this elf Rhode acquired for $ 1 billionby wwd. The agreement included 800 million dollars in cash and equity at the end, with a potential gain of an additional $ 200 million based on Rhode growth.
Bieber, for his part, went to social networks to share the update of exciting companies.
“When I Launched @rhode in 2022, I Always Had Big Dreams for the Company, and the Most important thing to me is to Keep Bringing Rhode to More Spaces, Places, and Faces Globillaly. So Today I am so incredibly excited and proud to announce that we are party This Next Chapter in the World of Rhode, ”She wrote via Instagram Wednesday. “I found a disruptor sharing the same ideas with a vision of being another type of business that believes big ideas and innovation in the same way as me and will help us continue to develop the brand.”
She continued: “I feel invigorated, excited and more ready than ever to play an even greater role as Director of Creation, and responsible for Rhode innovation as well as Elf Beauty’s strategic advisor.”
Bieber ended his note by thanking his “incredible” team who helped her “build over the years”.
Justin Bieber celebrates the new billionaire status of his wife Hailey Bieber. Justin, 31, went to Instagram on Wednesday, May 28, following the news that Hailey, 28, had officially become a billionaire, thanks to the acquisition by Elf Beauty of his popular skin care brand. He published photos of him kissing a smiling hailey and kissing him on the […]
“I couldn’t have done it without all of you. And for our community of Rhode, thank you for being the most favorable and for being on this trip, ”she wrote. “This next chapter will be even more incredible together! As I said, this is only the beginning. 🤍.”
Hailey’s husband, Justin Bieber,, celebrated his wife’s accomplishment In addition, to share a series of shots via Instagram which included it and Hailey kissing in a soft hug and a kiss.
Hailey and Justin, 31, made the knot in September 2018. In August 2024, the couple welcomed son Jack.
Weeks before cement as a billionaire, Hailey appeared on the shake Vogue.
