According to USA Today, Hailey Bieber's cosmetics brand - Rhode - has been sold to Elf Beauty ELF.N for $1 billion. This information dominated international media and social networks on May 29.
According to Page Six, the deal includes $800 million in cash and stock, plus an additional $200 million if the brand meets growth targets over the next three years.

Hailey Bieber's cosmetics brand was just sold for $1 billion (Photo: Instagram).
On her personal Instagram, Hailey expressed her pride: “When I launched the Rhode brand in 2022, I always had big dreams for the company. The most important thing to me is to continue to bring Rhode to more people around the world .”
The former model will also continue to serve as creative director, head of innovation for Rhode and strategic advisor to Elf Beauty ELF.N. The acquisition has helped Hailey Bieber join the ranks of billionaires in the US cosmetics industry.
After Hailey Bieber's billion-dollar contract was announced, Justin Bieber posted a loving photo of the couple on Instagram to congratulate his wife. In it, he hugs Hailey from behind, kisses her cheek, and places his hand on her chest. Hailey looks radiantly into the camera, leaning into her husband's arms.
The photo was posted just weeks after Justin sparked controversy for his way of congratulating Hailey on appearing on the cover of the famous fashion magazine Vogue. This time, the singer's move was considered sweeter and more affectionate.
At the height of Hailey's career, international media was abuzz with news of Justin's financial difficulties. According to TMZ, news that the 31-year-old singer was in debt and facing bankruptcy began circulating last April.

Justin Bieber posted a congratulatory message on his wife's new success on his personal page (Photo: Instagram).
Accordingly, Justin Bieber is said to have borrowed 8.8 million USD (nearly 208 billion VND) from his former manager - Scooter Braun - to pay off debts arising from the cancellation of the Justice tour in 2022.
In October 2023, Justin was reportedly considering suing his financial management team for allegedly causing a loss of $300 million in personal assets. However, another source said that the real cause lies in Justin's wasteful spending habits.
Several sources revealed to TMZ that the Baby singer is in the midst of an economic crisis, leading to speculation that he is at risk of bankruptcy.
"He has severed ties with longtime members of the crew and has run up significant debts, some of which have never been repaid," The Hollywood Reporter reported.
The Hollywood Reporter's source also revealed that the cancellation of the global tour caused the male singer to lose 90 million USD (nearly 2,400 billion VND) and owe the event organization company 20 million USD (more than 519 billion VND).
Justin's representative has denied the allegations, saying that the information about the financial crisis is baseless and declaring that the singer is finding his own way.

Justin Bieber and Hailey Bieber are going through difficulties with their health, finances and relationship (Photo: DM).
Recently, Justin has also actively appeared regularly at events, posted on his personal page, and expressed his happy mood when with his wife.
However, some sources said that Justin's mental health is not stable and his relatives, specifically Hailey, are trying to help him get back on track. A family friend also told Page Six that Hailey Bieber is currently the main financial pillar of the family.
Justin Bieber is known as the "Prince of Pop", has won 2 Grammy Awards, 8 Juno Awards, 2 British Music Awards, 26 Billboard Music Awards, 18 American Music Awards and 33 Guinness World Records.
Time magazine named Justin Bieber one of the 100 most influential people in the world in 2011. Forbes named him one of the 10 most influential celebrities in the world in 2011, 2012, and 2013.
In 2022, he announced that he had facial paralysis and had to cancel almost all of his global tours to focus on treatment. To date, he has not been able to return to the singing stage regularly. According to Forbes, the male singer owns assets worth 300 million USD.

Hailey Bieber is said to be the economic pillar of the family (Photo: News).
Justin Bieber and Hailey Bieber have been married since 2018. Last August, after much effort, the couple welcomed their first healthy son. The appearance of the son is said to bring a new breeze to Hailey and Justin's marriage.
Hailey Bieber (born 1996) was born into a family with an artistic tradition. Her father is famous actor Stephen Baldwin, her uncle is actor Alec Baldwin.
She started modeling at the age of 17 and was taken to meet Justin Bieber by her father when she was a child. Hailey was voted the Sexiest Woman Alive in 2017.
In recent years, due to health reasons, Hailey gave up her fashion show career to pursue a cosmetics business.
Last April, she admitted to having ovarian cysts and having two new tumors. In 2022, Hailey was hospitalized after suffering a stroke. She was fortunate to be discovered in time and rushed to the emergency room.
Source: https://dantri.com.vn/giai-tri/vo-justin-bieber-tro-thanh-ty-phu-usd-het-long-giup-chong-tra-no-20250529124304486.htm
Comment (0)