Hailey Bieber Joins Billionaires' Club after Massive Company Deal: "Always Had Big Dreams"

• Justin Bieber's wife, Hailey, signed a new deal that will see the company she founded in 2022 expand globally
• The makeup company raised over KSh 103 billion, which has launched the model into the billionaires' club
• Top American celebrities, among them the Kardashians' family, congratulated Hailey on the boss move

Justin Bieber's wife, Hailey, has officially joined the billionaires' club after her skin care company, Rhode, raised funding to expand.

The mom who welcomed her son in August 2024 was excited to share the news on her Instagram page, leaving fans and fellow celebrities congratulating her.

What is Hailey Bieber's company?

According to Page Six, Hailey's company's US$1 billion (KSh 129 billion) deal comprises US$800 million (KSh 103 billion) of consideration payable at closing in a combination of cash and stock.

She got an additional potential earnout consideration of US$200 million (KSh 25 billion) based on the future growth of her brand over a three-year timeframe.

While sharing the post on her Instagram, Hailey posted a photo of herself in a suit and added another photo showing her products, which included different shades of makeup.

"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 globally. I found a like-minded disruptor with a vision to be a different kind of company that believes in big ideas and innovation in the same way that I do, and will help us continue to grow the brand. I feel invigorated, excited and more ready than ever to step into an even bigger role as Chief Creative Officer, and Head of Innovation of Rhode, as well as a strategic advisor to e.l.f. Beauty," she said.

Hailey also thanked her team for their support in helping her build her company and shared that her journey is only getting started.

Here is her post:

Here are some of the reactions from social media users:

@jastookes said:

"Yessss! Boss woman🤎 Congrats, Hailey."

@biebers_purpose said:

"Omg what you deserve, queen! I love this for you!"

@aimeesong said:

"Congratulations!!! Taking over the world!"

@ireeknd said:

"I'm so proud of you, Hails."

@gigihadid said:

"Congratulations, Hails! Soo mega."

@thegirljt said:

"So proud!!!! You deserve it! I remember like yesterday getting my PR box when you started, now look at you!"

@kelseybidelniyat said:

"Best boss, you built this baby, and I’m so proud of you!"

@jesslivmo said:

"Take over!!!!! Bowing down to my makeup overlord."

@colorbymattrez said:

"Major congrats! So well deserved."

@thenotoriousmma said:

"Glory to God! Huge congrats all!"

How Hailey plans to deal with haters

The mother of one recently announced that she was planning to take legal action against online haters who were constantly sharing fake things about her.

It all started when people claimed that she stalked Justin during the time he was dating Selena Gomez and may have played a role in their split.

Some netizens claimed that she liked a mean post of Selena and her current fiancé, Benny Blanco.

Proofreading by Jackson Otukho, copy editor at TUKO.co.ke.

Source: TUKO.co.ke