Looks like the brand Seed Beauty has sued the 22-year-old billionaire on June 30th. Apparently the star doesn't guarantee that she will keep the company’s secret formula confidential. See what Kylie has to say below.
Jenner has been producing products for her cosmetic line, King Kylie, with Seed Beauty since 2016. They are claiming that the reality star has allegedly refused to guarantee that she would keep the company’s secret formula confidential. They have stated that Jenner’s shot to stardom in the beauty industry was largely due to Seed’s trade secrets, but later finding out that those secrets are being leaked to Coty, their competition.
Kylie Jenner has recently sold $600 million of her global company to Coty Cosmetics. Leaving Seed Beauty no choice but to cut ties with the star and take her to court. Fans find these allegations hard to believe and trust that the Hollywood diva had no help in her beauty success. Seed filed a very similar lawsuit again Kim Kardashian’s beauty Company, KKW Beauty the week before. Kylie Cosmetics’ net worth is currently $900 million.