Kyle Earned $600 Million After Selling 51% Of Her Company

Kylie Sold 51 Percent Of Kylie Cosmetics For $600M, Here's How She Should Use It Instead Of Upping Her Net Worth

And I'm not talking about buying a new Chanel wardrobe AND a Lamborghini.


Kylie Jenner announced that she is partnering with Coty Inc., the same company that owns CoverGirl and Clairol, and selling 51 percent of Kylie Cosmetics and Kylie Skin for $600 million. $600 million is A LOT of money and just adds to Kylie's net worth, which is estimated to be about $1 billion. She could just add that new $600 million to her net worth right off the bat, or she could do something better with the extra cash she has in her pocket. Here are five ways she could use that "extra money" for good.

1. Donate to Alpha House of Tampa

This is a lesser-known charity in Florida that helps pregnant women in crisis and their families, offering maternity and post-birth transitional housing, education and counseling, parenting and life-skills training, vocational training and assistance. Kylie was blessed to be born into a wealthy family and has given birth to her daughter into a family that lacked nothing, so donating to struggling mothers deserves to be number one on this list.

2. Support the Innocence Project

@innocenceproject on Instagram

Kylie's older sister, Kim Kardashian West, has made headway in helping free innocent people from jail. If Kylie chooses not to go the direct route and get a law apprenticeship like Kim, then she can donate to the Innocence Project and help them free those wrongfully convicted.

3. Donate to the Thirst Project and JUST Water

The Thirst Project was late actor Cameron Boyce's organization that he favored and worked with a lot, so when he passed away this summer, TP really shot up with donations from his fans. JUST Water is Jaden Smith's water company that has helped the people of Flint, Michigan, and he's done really well with it. Kylie has a large fanbase, so why not contribute to an organization that does so much good for those who can't drink fresh water daily like her?

4. Donate to Environmental Working Group

@kourtneykardashian on Instagram

Kylie's oldest sister, Kourtney Kardashian, has worked with EWG in the past and helped lobby on the Hill for better and healthier items in consumer homes. Given that Kylie is sending products into her fans' homes, I think that donating and picking up a few pointers from EWG and Kourtney's work will do her good moving forward.

5. Donate to Center for Creative Education

The purpose of CCE is to help educate children through the arts. As a creative person, I believe that it is really important to encourage the arts in schools because some children use it as an escape from whatever they go through at home or they just are really good at it.

There are countless other charities and organizations that Kyle could donate her money to, and I'm not just talking about the extra cash she's getting from this deal. Kylie could also invest her money into companies, like the Environmental Working Group, and use that to help better her brand. She could create scholarships for students on a financial-aid basis. There's so much she could do and she doesn't need to feel limited to the five I've listed.

Report this Content
Politics and Activism

4 Ways The Plan To Deport International Students Is Dumb, According To An Exchange Student

The whole policy isn't very stay-in-place, if you ask me.

Wikimedia Commons

On Monday, July 6, new federal guidelines were announced that do not allow international students to remain in the U.S. unless they are taking classes in person. Which, if you ask me, is stupid.

Keep Reading... Show less

Harvard Just Announced Its 2020-21 School Year Will Be Taught Online — At Full $50K Tuition

While students attending degree-granting programs are set to pay the massive bill, Harvard still has widely available public courses that they offer for free.

Harvard University has announced that all classes for the 2020-2021 academic schedule will be held online. However, they will still be charging the typically more than $50,000 price tag to pay for tuition alone — a number that can inflate to more than $70,000 when additional costs are added together.

Keep Reading... Show less

ICE To International Students With Remote Fall Classes: Transfer Or Face Deportation

The new rule aims to pressure universities into holding in-person classes this fall.

In a news release on Monday, ICE announced that "The U.S. Department of State will not issue visas to students enrolled in schools and/or programs that are fully online for the fall semester nor will U.S. Customs and Border Protection permit these students to enter the United States."

Keep Reading... Show less

Elijah McClain's Case Is Being Reopened — His Family Is Still Waiting For Justice

The killing of an innocent Black man will be reinvestigated, and that news that brought me to tears.

9News / YouTube

On August 24, 2019, in Aurora, CO, a 23-year-old Black man named Elijah McClain was walking home from a convenience store after buying iced tea for his brother. He was wearing a ski mask because he was anemic and easily got cold. He was listening to music and dancing while he walked when someone called 911 on this Black man simply walking home.

Keep Reading... Show less

Despite COVID-19, Alabamans Return To Beaches

Noncompliance with CDC recommendations on beaches may contribute to outbreaks in Republican-controlled states.

Last week, I was in Orange Beach, AL. It, along with other Alabama beaches, seems to be quickly becoming a hotspot for coronavirus (COVID-19) cases, yet one could not discern this by observing the behavior of beachgoers. The situation on the ground was absolutely bonkers, and no one seemed to even be aware of the ongoing pandemic. Several restaurants that my family and I frequently visit on our annual trips to the beach had closed their doors this year due to an employee or employees contracting the virus. But at the ones that remained open, people neither wore masks nor maintained social distance.

Keep Reading... Show less

In a ruling on Thursday morning, the majority of the Supreme Court concluded that President Donald Trump is not immune to grand jury subpoenas.

Keep Reading... Show less

The Supreme Court Just Said Employers Can Deny Covering Birth Control, And It Wasn't Even A Close Vote

"Today, for the first time, the Court casts totally aside countervailing rights and interests in its zeal to secure religious rights to the nth degree..." — Justice Ruth Bader Ginsburg

The Supreme Court today ruled in line with the Trump Administration that your employer or university can deny covering birth control based on "religious or moral objection."

Keep Reading... Show less

A Vote For ANYONE Other Than Biden Is A Vote Against Someone You Love

We cannot afford a repeat of 2016’s botched election right now.

On Saturday, Kanye West announced on Twitter that he would be running for president in the 2020 election. It is hard to tell for sure if he is joking and this is all a publicity stunt or if he is serious. People were quick to point out that he had already missed the deadline to officially add his name to many states' ballots for the general election. Regardless, voters are still legally allowed to write in Kanye's name on their ballot, and there's a possibility that many young voters will do so.

Keep Reading... Show less
Facebook Comments