How much is Jamie Kern Lima worth?

Within eight years, Kern Lima sold that company, IT Cosmetics, to L’Oreal for $1.2 billion in cash. It made Kern Lima a very rich woman — according to Forbes, she pocketed roughly $410 million from the deal, and is worth roughly $460 million today.

Who is the owner of IT Cosmetics?

L’Oréal
IT Cosmetics / Parent organization

L’Oréal S.A. is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world’s largest cosmetics company and has developed activities in the field concentrating on hair color, skin care, sun protection, make-up, perfume, and hair care.

Wikipedia

How old is Jamie Kern Lima?

45 years (16 July 1977)
Jamie Kern Lima / Age

What happened to IT Cosmetics?

L’Oreal acquired IT Cosmetics for $1.2 billion in cash in August 2016, the French conglomerate’s biggest acquisition in eight years. Kern Lima pocketed $410 million from the sale and became the first female CEO of one of its brands in L’Oreal’s 100-plus-year history.

How much is Jamie Kern Lima worth? – Related Questions

Is L Oreal and IT Cosmetics the same company?

IT Cosmetics – L’Oréal Group – L’Oréal Luxe Division.

Is IT Cosmetics a prestige brand?

Prestige Brand of the Year Award. The makeup brand is a best-seller on QVC, at Ulta Beauty and select Sephora stores. IT Cosmetics stands for Innovative Technology.

What is the #1 beauty brand?

Top Beauty Brands on Social: Instagram
Rank Company Total Engagement
1 Huda Beauty 10,410,787
2 Glossier 11,450,614
3 Kylie Cosmetics 64,328,031
4 ColourPop 67,296,195

Who are the top 5 beauty companies in the world?

If you want to read about some more beauty companies, go directly to 5 Biggest Beauty Companies In The World.

Biggest Beauty Companies In The World

  • LG.
  • Kao.
  • Coty Inc.
  • Beiersdorf.
  • Natura & Co Holding S.A. (NYSE:NTCO)
  • LVMH.
  • Johnson & Johnson (NYSE:JNJ)
  • Bath & Body Works, Inc. (NYSE:BBWI)

What is the number 1 makeup brand in the US?

ColourPop, MAC, and Anastasia Beverly Hills are the top 3 beauty brands in the U.S. for Q1 2022, ranked by Tribe Dynamics for earned media performance.

Why is makeup geek ending?

Makeup Geek is a victim of the pandemic and supply chain issues. Marlena Stell, the founder of the color cosmetics brand, is closing the business On Instagram and YouTube, Stell blamed the pandemic-related shift away from makeup and supply chain disruptions on her business.

What is happening to makeup geek?

We are heartbroken to announce the closure of Makeup Geek in April 2022. Thank you to all our Makeup Geeks!” Founder Marlena Stell gave a bittersweet farewell on her YouTube channel and noted: Makeup Geek began its journey on some shelves and a shipping table set up in my parent’s basement.

Which cosmetic company has gone into liquidation?

Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection in the US, weighed down by debt load, disruptions to its supply chain network and surging costs.