Overview

• Hailey Bieber’s sale of her skincare brand to E.l.f. Beauty includes $600 million in cash, $200 million in stock and up to $200 million in performance-based payouts.
• She will remain at Rhode as Chief Creative Officer and Head of Innovation under the terms of the $1 billion agreement.
• Bieber has shifted her focus to Justin’s new streetwear label SKYLRK, leading creative strategy and product development for its upcoming launch.
• Justin Bieber is reported to carry significant debts, including an alleged $8 million owed to ex-manager Scooter Braun after canceling his 2022 Justice World Tour.
• Friends of the couple warn that without a prenuptial agreement, her Rhode proceeds could be subject to division in the event of a divorce.