With the stock of this company cratering down to nearly $3 at its lowest during the sell off, the A- list reality star's side gig is looking a whole lot less lucrative. It isn't as if they gave her all cash. In fact, most of it was stock which has fallen about 70%. So much for being a billionaire. Narrator's voice. She was never a billionaire.
Kylie
ReplyDeleteKylie 😂😂😂😂
ReplyDeleteI love it when bad things happen to the Kuntrashians.
That's what you get for being so braggadocios. People stop supporting you especially when they all earn peanuts next to you. Eat humble pie and stop with the dead eye.
ReplyDeleteShe is the one selling off the most stock. she'll make her money.
ReplyDeleteEnty, according to the SEC 8Ka, she was not paid in stock, she was paid in CASH. The fact that COTY is tanking is not relevant, she was paid in cold hard cash:
ReplyDeleteFrom the SEC 8ka filing: "In accordance with the terms of the Purchase Agreement, and subject to the satisfaction or waiver of the closing conditions set forth therein, Coty will acquire 51% of the equity interests in King Kylie from the applicable Seller Group Parties for a base purchase price of $600,000,000 in cash, subject to certain customary adjustments."
It's impossible for Coty to let Kylie walk away, 100% all cash transaction because its an eponymous label. They need Kylie's continuing participation and large social media following to promote the brand. Kylie must maintain a vested interest in the company.
DeleteToo bad!!😎She'll be yachting soon like her whore sisters do. (Assuming she's not already, but a big assumption)
ReplyDeletethere is a stip in the last five words studio 54 and her 49% share is in the tank in any case.
ReplyDeleteShe still has a ridiculous amount of money.
ReplyDeleteI wish they'd buy a fucking island and go disappear.
Nobody believed that stupid amount anyways!
ReplyDeleteKylie Forbes have been lying for decades
ReplyDelete@Parissucks. I just wrote those exact words on the post before this one
Like in Death Becomes Her, Simon Ourian will be spray painting and crazy gluing all of the parts falling off and deflating on these aging, no talent blow-up dolls and they will be Lohan broke owing the IRS everything and their kids will be insufferable hookers and drug fiends because they will have no inheritance . --Ktrash/Jenners
ReplyDeleteThe oldest grandson Mason who is 10 yo - has already made his social media debut!
DeleteThis is the Coty press release when the transaction of Coty purchasing a 51 percent stake in Kylie Cosmetics was complete on 1/6/20. Coty, a conservative German conglomerate, put a German in as CEO. Then COVID-19 hit, and Coty turned to making hand sanitizer:
ReplyDeletehttps://www.coty.com/in-the-news/press-release/coty-and-kylie-jenner-commence-strategic-partnership
Coty turned to making hand sanitizer as COVID-19 hit:
ReplyDeletehttps://www.thestreet.com/investing/gucci-coty-hand-sanitizer-coronavirus
This comment has been removed by the author.
ReplyDeleteKylie. Apparently lipstick is not essential. Who knew? I also knew she was not a billionaire. They made that up to sell more copies of the magazine.
ReplyDeleteShe is still a whore.
ReplyDelete