Overview

• Hailey Bieber agreed to sell her beauty brand Rhode to e.l.f. Beauty for $800 million in cash and stock plus a $200 million performance-based earnout.
• The couple wed in 2018 without a prenuptial agreement, activating California’s community property rules for assets built during their marriage.
• Investor preferences will be paid out before Hailey receives profit, reducing her net proceeds from the Rhode deal.
• Justin Bieber’s 2023 sale of his music catalog is considered separate property under state law because it was created before their marriage.
• Although divorce rumors have swirled since 2018, Hailey Bieber has publicly dismissed speculation about troubles in their marriage.