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Hailey Bieber Says She Refused To Sell Rhode For Less Than $1 Billion

Bukola Ogunsina by Bukola Ogunsina
4 weeks ago
in Entertainment
Hailey
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Hailey Bieber has explained the major sale of her skincare brand, Rhode, and the goals she set for the company before its acquisition by e.l.f. Beauty.

In an interview with Time published May 6, Bieber revealed that she had a clear financial target in mind while negotiating the sale of Rhode, saying she refused to accept anything below $1 billion.

“I was like, ‘It has to be this number. I will not go for less,” she recalled, describing the figure as a personal goal and “the line I drew in the sand.”

Following the acquisition, Bieber took on the roles of chief creative officer and head of innovation at Rhode.

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The model also stressed the importance of keeping the skincare brand accessible and inclusive, explaining that while beauty brands can sometimes feel exclusive, she believes skincare should be for everyone.

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Bukola Ogunsina

Bukola Ogunsina

Bukola Ogunsina is a journalist at Leadership Newspaper, currently writing for the Lifestyle desk. An award-winning journalist of international repute, she joined Leadership as a Senior Correspondent and rose to Chief Correspondent before serving as Editor of Leadership Sunday from 2018 and General Manager of Special Publications from 2020. Her areas of interest span security, international affairs, development, tourism, and lifestyle. She is a Fellow of the China Africa Press Centre (CAPC) and has participated in international engagements, including the 2013 Arab Travel Market in Dubai and the 2017 BRICS Summit in Beijing.

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