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What Does a Brand Acquisition Really Mean for the Founder's Net Worth?

Summary by Dealbreaker
The headline heard around the beauty world — that E.l.f. Beauty had acquired Rhode in a $1 billion deal — quickly flooded social media feeds with predictions about the three-year-old buzzy brand's future and declarations that Hailey Bieber is the newest member of the billionaire club.It quickly became clear that the general public (and some journalists) are a bit murky on how, exactly, acquisitions work from a financial perspective. Just because…

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Vibe broke the news in on Wednesday, June 4, 2025.
Sources are mostly out of United States (1)

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