Report: Selena Gomez Seeks Potential Rare Beauty Sale

Rare Beauty is exclusively sold at Sephora, which gives the company plenty of opportunity to grow.
Rare Beauty is exclusively sold at Sephora, which gives the company plenty of opportunity to grow.

Selena Gomez is seeking a potential sale of her cosmetics line Rare Beauty for a valuation of $2 billion, according to Business Insider.

It is unknown what stake Gomez holds in her company but CEO Scott Friedman and Nikki Eslami, the cofounder of VC firm New Theory Ventures, are also well-known investors in the brand.

According to reports, Gomez will remain at Rare Beauty if in fact a sale does proceed.

Rare Beauty is exclusively sold at Sephora, which gives the company plenty of opportunity to grow.

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