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Entertainer and beauty entrepreneur hires investment bank to explore options.
March 23, 2024
By: TOM BRANNA
Editor
Selena Gomez is reportedly exploring the sale of Rare Beauty. Gomez hired Raymond James and Goldman Sachs investment banks to handle any deal, according to sources. A formal process has not begun yet and potential options are still being evaluated. Experts put Rare Beauty's value anywhere between $1 and $2 billion. Whatever move she makes with Rare Beauty, Gomez positions herself as the next celebrity beauty billionaire. Although Gomez’s stake in Rare Beauty is unknown since there is no ...
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