Rhode Beauty isn’t just a payday — it’s a legacy in the making. Curious how Hailey Bieber stayed involved after a $1B sale and aims to invest the proceeds for her son? Read on to learn the strategy and what it might mean for the brand’s future.
The $1B acquisition and Hailey Bieber’s continued leadership role
Rhode Beauty, Hailey Bieber’s popular skincare brand, recently made big news. It was acquired by e.l.f. Beauty for a huge sum: $1 billion. This deal shows how successful Rhode Beauty has become in the beauty world.
Hailey Bieber’s Ongoing Role
Even with this major acquisition, Hailey Bieber is not stepping away. She will stay on board as the brand’s CEO. This means she will keep guiding Rhode Beauty. Her vision and leadership are still key to the brand’s future.
This move is smart for both sides. e.l.f. Beauty gets a fast-growing brand. Rhode Beauty gets more resources and support. Hailey Bieber can ensure her original ideas for the brand continue. She will help it grow even bigger.
Her continued role means fans can expect the same quality. The brand’s core values will likely remain. This leadership ensures a smooth transition. It also promises exciting new developments for Rhode Beauty.
How Bieber plans to preserve and invest the proceeds for her son’s future
Hailey Bieber’s big sale of Rhode Beauty for $1 billion isn’t just about her success. It’s also about her son’s future. She plans to carefully manage the money from this deal. Her main goal is to make sure her son has a secure financial path ahead.
Smart Investment Strategies
With such a large amount, smart investing is key. Hailey will likely look into different ways to grow the money over time. This could include long-term investments. She might consider things like stocks, bonds, or even real estate. The idea is to protect the wealth and make it grow steadily.
Many successful people use diverse portfolios. This means spreading investments across different areas. It helps reduce risks. Education funds are also a common choice for parents. These funds help pay for future schooling costs.
Hailey wants to build a lasting legacy for her family. This goes beyond just the beauty brand. It’s about creating financial stability for generations. Her careful planning shows a strong commitment to her son’s well-being.
Fonte: Fortune.com
