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Kylie Jenner at her mother Kris' house in Calabasas, Calif.

Just 20 when this story publishes (she’ll turn 21 in August) and an extremely young mother (she had baby daughter Stormi in February), Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 “lip kit” consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.

 

source: Forbes

 

All the Jenners and Kardashians owe their careers to their mother, Kris.

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Fortnite, the free-to-play game that has captivated gamers and non-gamers alike since it launched in 2017, made a record $318 million in revenue in May, beating out every game on any platform in the history of gaming.

 

source: Business Insider

Louis Vuitton presents the Men’s 2019 Spring-Summer Collection by Virgil Abloh in Paris. Street wear meets high end luxury fashion.  Kanye, Kim K, Kid Cudi, Don C, all in attendance.
source: Louis Vuitton

A @banksy painting valued at $35,000 USD has been stolen from a gallery in Toronto, Canada. The work titled “Trolley Hunter” was stolen from ‘The Art of Banksy’ exhibition at 5am local time. Toronto Police is still in search of the suspect.

Source: HypeBeast

Kanye West paid $85,000 (£63,640) to license an image of Whitney Houston’s drug-strewn bathroom for the cover of Pusha T’s new album, Daytona. Pusha T told radio host Angie Martinez that West, who produced Daytona, changed the artwork at the last minute, calling him at 1am to declare: “This is what people need to see to go along with this music.”

The photograph was taken in Houston’s Atlanta home in 2006 after an alleged drug binge and depicts paraphernalia apparently related to the consumption of crack cocaine. The image was released to the public after Houston’s death at the Beverly Hilton hotel in February 2012, which was caused by drowning and the effects of coronary heart disease and cocaine consumption.

A painting by famed artist Kerry James Marshall has been sold by Chicago’s Metropolitan Pier and Exposition Authority for $21.1 million.

The price paid Wednesday in an auction at Sotheby’s New York set a record for a work by the African-American artist. A Sotheby’s spokesman says four bidders competed for the work, driving the selling price beyond the high estimate of $12 million.

“Past Times” had for years been displayed in the South Building of McCormick Place where a replica now hangs. The real painting was purchased in 1997 for $25,000.

Marshall, born in Birmingham, Alabama who grew up in South Central LA is now a resident of Chicago, is known for his depictions of African-American life.

Source: chicago tribune

(New York, NY ) Amedeo Modigliani’s 1917 masterpiece ‘Nu couché’ sold for $157.2 million – the highest auction price achieved in Sotheby’s history. Painted a century ago, ‘Nu couché’ is the greatest work from the iconic series in which Modigliani reinvented the nude for the Modern era. Upon their exhibition in 1917, these alluring images stopped traffic – quite literally – and prompted police to shutter the show. Today, the series is recognized as one of the seminal achievements in Modern painting.

Source: Sotheby

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