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Hailey Bieber recently chose to expand her beauty company empire in order to join the billionaire club.
The model's Rhode brand generated $90 million, which the business had previously planned for the last two months of 2024.
Previously, Rihanna and Selena Gomez's companies were allegedly valued at $2.8 billion (Fenty Beauty) and $2 billion (Rare Beauty), making each of their well-known creators billionaires.
As for Hailey, the insider told Life & Style, "People think that achieving billionaire status is very much within her reach, too—thanks to Rhode."
"She launched the line less than three years ago, and the success she's already had is absolutely phenomenal," a source told me.
The informant said: "Hailey could cash out today, but she's made it very clear she is in this for the long haul."
Because Hailey is Justin Bieber's wife and a social media influencer, the insider stated that the model "is slapping her name on the products just to make a buck".
The informant continued: "The truth is, Hailey has developed each product from the ground up with the goal of creating skincare that actually works."
"Over the years, she has tried so many products and a lot of them only made her complexion worse," said a person with knowledge.
The insider continued: "The whole aim of her label is to offer clean products with minimal ingredients because ultimately, she uses everything herself and she wants to be able to stand behind it."
#haileybieber #rhode
