Pat McGrath – The REAL “Self-Made Billionaire”?

Feb 25, 2021

Forbes Magazine had included Kylie Jenner, the youngest in the Kardashian clan as one of America’s Women Billionaires. Kylie Cosmetics was launched two years ago with a “lipkit” with matching lip liner and lipstick.

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After a few years, the company added other products like the concealer and eye shadow with now an estimate of almost $800 million.On the other side of the world though, a self-made British make-up artist Pat McGrath was declared by Vogue as one of the most influential make-up artist to-date.

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McGrath’s company is now valued at $1 BILLION. Yes, BILLION.Two years ago, she introduced her cosmetic line called Pat McGrath Labs and to her surprise, it sells out consistently. A New York investment firm noticed Pat’s company and immediately invested $60 million in the business.

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“It has always been my dream to create an iconic beauty brand that goes beyond the usual limitations, that lives outside of the parameters of what is expected. I am thrilled to be working with the unique and expert team at Eurazeo Brands.” -Pat McGrathThe collaboration between Eurazeo and Mcgrath did not only bring Pat’s line into the limelight but also, after Forbes’ announcement, she can take “Self-made Billionaire” title easily.

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