Kylie Jenner Sells Stake in Kylie Cosmetics

Kylie Jenner Sells Stake in Kylie Cosmetics

Live from New York City, it’s the Wendy Williams Show. ♪ Oh yeah ♪ ♪ Feel, feel, feel it ♪ ♪ Feel, feel it-it, feel it ♪ ♪ Feel it, feel it, feel it ♪ ♪ Let’s go, come on, you need it ♪ ♪ How you doin’ ♪ ♪ How-how-how-how you doin’ ♪ Now, here’s Wendy. (audience cheers)
(audience applauds) (audience whoops) ♪ How you doin’ ♪ Thanks for watching. (audience cheers)
(audience applauds) Say hello to my co-host, my studio audience. Perfect. How you doin’? How you doin’? I’m doin’ okay. Let’s get started. It’s time for Hot Topics. (audience cheers)
(audience applauds) (deep bass music) Morning. The thing is, if I just had a zipper and a slit. I think I’m gonna sleep in this overnight. Just a zipper and a, I have to walk like Morticia. (audience laughs) And there’s no zipper. I was in there tuggin’. (audience laughs) Oof. Kylie Jenner, congratulations. I mean, I gotta tell you somethin’. (audience cheers)
(audience applauds) This 19-year-old girl. 22. 22. (audience laughs) (Norman laughs) She’ll always be 14 to me. Right. (laughs) Right? Anyway, this 22-year-old girl just sold off 51% of her Kylie Cosmetics, okay? She made $600 million off the deal. (audience cheers)
(audience applauds) And you ask what is a 22-year-old gonna do with $600 million. Anything she wants. (audience laughs) It’s really incredible. The company that she’s now in bed with, they are the ones that own the 51%, they’re gonna take it globally. So in our meeting, people were like well, I’d quit, I’m not working anymore, so on and so forth. But if you really like what you do. She was smart to keep that 49%. (audience murmurs) Because her voice still counts. I mean she could be overruled by the 51, but I’d go, if I were her, ’cause clearly she loves makeup and hair and all the beauty stuff, I would… Oh, by the way, she’s also staying on as one of the cosmetic directors. Oh. Yeah, yeah. So I’d go into the office once a week and I would make it like a 15-hour day but once a week, you know what I mean? And at 22 years old, I mean it’s easy to say well, I wouldn’t do anything, I would sail the world and mountain bike and climb and hike and stuff like that. She’s done all that. We’ve seen it all play out when they go on vacations. At some point, do you get bored? Yeah. Yeah. None of your friends can keep up with you. Uh-huh, yep. (laughs) You’re always paying for everything, which you have that friend where you always pay for everything and you love ’em and everything but you realize that it’s not motivating them to do better, to catch up. You got that bum friend. (audience laughs) That you love but… (audience laughs) I don’t know. And then 22, that’s so young. Well, anyway, congratulations to you, Kylie. (audience applauds) That’s a really good deal. Yeah. Good job, Kris. Good job with that one. Mhm. So did you see Kanye, any of the footage of him performing at Joel Osteen’s church? (audience murmurs)
(audience applauds) That was over the weekend. And he was there. I’m so pissed I didn’t actually watch. I really wanted to see it but we got some footage for you here. You can see Joel has what looks like a fresh dye job, a dye and curl. (audience laughs) And he’s probably like wow, this right here. I can’t believe that this is what my church has turned into. (audience laughs) But in actuality, Kanye was very entertaining. The music was good. They’re playing like groovy stuff that we can relate to like The Clark Sisters. It wasn’t like organ music, at least the footage I saw, it wasn’t organ music. At one point, it was club music. Oh. They’re in there talkin’ about dum-dum-dum-da-num. (audience laughs) dum-dum-dum-dum-dum-da-num. Bom-chicka-oh, that mm-mm-mm-mm-mm. Yeah. You might be able to catch a holy ghost right there. (audience laughs) And I appreciate Kanye’s efforts in his effort to change or grow or what he’s doing, but you are not, he said, Kanye said he is the greatest artist God ever created. (audience murmurs) See, this is where things hit the skids. Why d’you have to say that? And this can’t be a phase, by the way, Kanye. You know what I’m sayin’? You can have a phase, like Prince had a phase where he I think changed his name and put the– Changed his name to just a symbol. The symbol. And wrote “slave” on his face. Right, and wrote “slave”. By the time he passed away, he was over that phase. Things like that are a phase, you know what I mean? Playin’ with the Lord is not a phase. (audience murmurs) (audience applauds) No. No. And then somebody in the meeting with the Bureau says well, what if he wants to go back to his regular music that we all love. I said he can’t do that. He can’t rap and sing about hoes anymore. You know what I’m saying? ‘Cause he went so deep with it. He’s talkin’ about he’s the first coming and he’s got this new album out. I can’t even pronounce it but look at the cover. Look at the cover. Where is the– It’s like his upcoming opera, yeah. There it is, there it is, there it is. Would you look at this? I appreciate ’cause I do believe in the higher power. Suzanne, you know what I’m saying. No, I don’t know about this [Inaudible]. No, he’s really playin’ around. What I’m saying is that this cannot be a phase. You gotta commit to this for the rest of your life. Yep, yep, you do. Yeah. (audience applauds) I still feel a-ways about Mase. Right, right, right. You know what I’m sayin’? Uh-huh. And Kanye doesn’t want his daughter wearing the makeup and she’s at that age where we all played with makeup, whether we knew what we were doing or not. It’s just a part of it. So she likes to play but no makeup but she can have a faux nose ring. I’m assuming that this is fake. (audience murmurs) So where we going with this? He performed in the prison. Well, anybody could perform in a prison. Kanye, you did a really good job though. You definitely, I saw footage with the sound up over the weekend on TV. On Friday night was when he performed. He wants to get involved in prison reform. Now see, this is where I’m like what do you mean? (audience laughs) Kanye. (audience laughs) The prison reform is what I do. (audience laughs) You do what you do. (audience applauds) Kim is in her right state of mind and she’s doing something for the good, and Kanye has nothing to do with it and I think that even gives it more creditability that she’s out here as a woman. She’s not doing it by herself, of course she’s got Van and other attorneys helping her out, she always admitted that, but I just want him and his weirdness to stay right there, praise the Lord. (audience laughs) Praise the Lord. (audience applauds) Leave me alone. Norman? Absolutely. And what I said in our Bureau meeting and everybody thought about, they were like ooh, you’re right. She can never divorce him. You know how low key, there are a lotta people that want them to divorce, just ’cause it looks so painful to be with him. Clap if you’re one of those people. (many audience applauds) I mean they can co-parent and stuff like that but nope, she can’t get fed up like a lot of us want her to do and leave him because she’ll be the one to blame, see. Black people take stuff like that hard and people who check the other box, white people, Asian people, you all are smart enough to understand exactly what this means to our culture. Girls are still pissed that Kim got yet another black man. And that’s their thing, you know what I mean? And Rob, you and Chyna and stuff like that. I’m not saying it’s wrong but I’m just saying, you know how our people feel about certain things. Now we’re giving Kim a pass ’cause she’s freeing black people from prison. (audience laughs) Has she freed a white person yet? Not that I can recall. Okay. Thank you, Kim. But this is why you cannot divorce him. People can want it all they want. The second you file, nobody’s gonna understand the man that we’ve seen that you’d probably divorce too. All we’re gonna see is there she is, messin’ up another black man. (audience laughs) We’ve seen this relationship grow. Mr. West is in the building. (audience laughs) You remember that episode, okay. And we’ve seen it grow all the way. We’re cheerin’ for ’em and then he goes off the rail. Maybe ’cause of things he’s done in his life. You know, the deeper you go, sometimes the more sinful you were. (laughs) (audience laughs) Just sayin’. Anyway, I think I’ve exhausted this. (audience laughs)
(audience applauds) Chenoweth is here, I really do like her. So there was a civilized, handwritten note delivered to my office as I was trying to get into this skirt. And so I’m not gonna say what it said ’cause she asked me not to, but oh my gosh, I had no idea you were one of those people and you helped in such a way. Thank you very much for the compliment. You know I love a civilized note. (audience applauds) And I will put that with my collection of civilized notes that I have in a big vase in my home. You can go in there like that and say oh wow, you know him? Wait a minute. Oh well, I’ve been doing it since the Six Week Sneak Peek, you know what I’m saying? Even before I became friends with people, but people were just glad to come on the show. They thought I was cool or maybe somethin’ and I love a handwritten note. I mean the email is fine if you’re gonna print it out and sign it. And not with black ’cause I don’t know, sign it with another color. (laughs) Right, yeah. I take my notes very seriously. Thank you very much. I can’t wait for you to come out here and talk. (audience cheers)
(audience applauds) And by the way, who are you people that don’t understand Janet Jackson has been lip-syncing since the beginning of time? (audience laughs) And I don’t mean that in a bad way. ‘Cause can you sing at the same time you tip a chair? (audience laughs) On stage in a live concert? I know she did it for the video. It probably took a few tries for her to perfect it. Right. (laughs) She probably had to ice her knees or her back afterwards. And she doesn’t tip the chair anymore but I don’t go to Janet Jackson to see her necessarily sing. I go ’cause I want as much dancing as she wants to give us. And she gives it to us. (audience applauds) She’s over in Australia at the RNB, they call it R-N-B concert, and there’s Janet. That must’ve been a good meal. She looks a little heavier than we’ve seen her. (audience laughs) No, she does. No, and she’s wearing black. Anyway, but she looks like Janet, she looks great. She’s doing all the moves. She’s not tipping the chair. She doesn’t dance as hard as she used to, Norman, right, ’cause didn’t you go to see her? I did. Did you expect her to be singin’ live? Well, she has never really sang live. Exactly. But that’s not what I came for. Right. She gave me everything I came for. Right. Yeah. And what she does, and people are picking her apart, talking about oh, and she uses her hair to hide the microphone. (audience laughs) So you all think she’s up to stuff. She’s not using the hair to hide the microphone. That’s like five packs and a wig. The hair’s going to move. (audience applauds) And people have the audacity over at the Australian leg of this to walk out during her second song. How dare you? (audience murmurs) You must understand, not everybody can sing and perform, like for instance, Pink. There’s only one Pink. She twirls in the sheet, but that could be very, I mean she’s got to hold on tight, but the harness has got the most of it. I’m not saying that that’s still not a talent, but everybody can’t do that. There’s certain people that I go to, if I wanted to go to a show, I’m not going, I know when I’m going for singing and dancing, which I really don’t care. I would rather hard dancing and no singing. How about this, how about just hold the mic (laughs) (audience laughs) and then play my song. Anyway, all right, do you remember the model Paulina Porizkova? She’s from my era. You’ll recognize her when you see her. She was back with Naomi and them. Paulina’s now in her 50s. 54. 54, she looks fantastic. So she was married to Ric Ocasek and he’s from the Cars. Okay. Now, they were married for 28 years. Then, look, this is so disgusting, but Paulina, oh, this is gonna be a fight you’ll probably never win. (sighs) Okay. They legally separated one year before his death. (audience murmurs) At the time of his death, they still lived together. A month before Ric died, he had had something going on and then I guess it just caught up with him. Yeah. And he just died. Okay, a month before he died, he methodically called up the attorney, made his appointment, went into that office and cut Paulina out of all of the will. (audience murmurs) All of it. There’s more. He claimed that she abandoned him. (audience murmurs) Well, he probably still wanted to be married and even though they were married for 28 years, and she recently said I want a divorce. Well, at the time, near his death, I want a divorce. He didn’t kick her out. She didn’t go live someplace else. They have sons but the sons are like 19 and– I think they’re 26 and 20. Okay, their opinion doesn’t even count. I’m puttin’ Mom out or you know what, boys, I’m leaving your father and that’s the way it is. Instead, Ric and Paulina stayed together in their house, okay? Now, I don’t see them, they’re very wealthy people. Well, I don’t really know about her money, honestly, I don’t, but he’s worth $80 million, okay? Okay, I’m sure they didn’t stay in the same bedrooms. There are a lot of apartments or houses that have two kitchens. You know what I’m saying? You live your life over there, I’m living my life over here, but it still must be disgusting. All right, so look, on the day, they drank coffee together every morning, okay, and according to her, when she was alive, watched our show. This is how I know that, about, well, it was durin’ my hot girl summer. (audience laughs) And so everybody’s off, I’m not callin’ the glam squad to pouf me with the makeup and the hair and stuff like that. Well, I was fixin’ a wig at home ’cause you know I know how to do that, and I needed a few bundles myself. (audience laughs) Hold on, hold on. So I go to one of my favorite places to bundle up, right? When I walk in, Paulina’s in there with her mother. (audience murmurs) Hold on. We hug because she’s been on this show, she’s also been on my radio show. So I didn’t know her but this was just an odd happenstance during hot girl summer. She’s buying her mother a piece and the mother’s sitting there and they watch the show so they know I wear the wigs. It was just a weird happenstance and she’s telling me that she and Ric watch every morning as well with the coffee. All right, back to the coffee. I know. So imagine how I feel havin’ to share this with you. (audience applauds) No, no, no. But I gotta power through. So look, on the day of his death, she had already announced she wanted a divorce from him. He’d already gone to his lawyer and cut her out of everything. I don’t know whether she knew that or not. Paulina comes in with the coffee for both of them, maybe to turn on the show. Probably. (laughs) Damn. And his body is dead on the floor. Oh. She should be left something. Yes. (audience applauds) But, but, but if you handle your business correctly and the wording of how you want somebody cut out of your, she’s got her own separate wing of his will, okay? Suzanne, do you understand what I’m saying? Yes, yes. If that’s what he put down in paper with the actuaries and the factuaries at his lawyer’s office and he went there just for her, the only thing he changed on his will, then that should be iron clad. But here’s where her in is. She’s got the two sons, and see, boys don’t do that to their mothers. They don’t leave them out. Now there’s two sides to every story. I don’t know her side and I don’t know his side. But he’s dead. That’s a real piece of work. $80 million though and you don’t leave this woman, I don’t care if you’re getting a divorce or not, you don’t leave her anything? And now, I’m forced to report this to people. (audience laughs) (audience applauds) But look, the boys’ll take care of her. But oh, oh, oh, oh, oh, oh, oh, excuse me, excuse me, I forgot, there’s more money to have to go around to other people. He’s got six sons, right? Oh. Okay, all boys. He cut one outta the will years ago. The two right here, they look like they all get along. They’re gonna take care of their mother, don’t worry. But they gotta split it with the other boys and what not. It’s just a mess. He’s got a few different babies’ mothers, right? Yeah, he was married three times and he has two sons with each wife. All right. What a mess you’ve created, Ric. Paulina, good luck. I wanna follow this story personally and I’ll tell you what I know. In the meantime, we’ve got more great show for you everybody. (audience cheers)
(audience applauds) She’s back. Kristin Chenoweth is here. So grab a snack and come on back. (dance music) (audience cheers)
(audience applauds) (audience whoops) ♪ Feel, feel, feel it ♪ ♪ Feel, feel it-it ♪ ♪ Woo ♪

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  1. Kanye is a punk – he knows the rest of the normal world will never take him seriously – so he is in bed with mega church pastors because they have an army of blindly stupid cult followers who fork out their money

  2. What she gonna do with 600 million? What she gonna do with the 1 Billion she already had before she got the 600 million😆

  3. How is it a phase. He’s an artist sharing a part of his life with us thru music. His Sunday service is growing like crazy so he’s trying to share it with more ppl. Also he doesn’t have to turn into a preacher bc he’s sharing his faith. Y’all are into that fake faith bs when it’s actually about having a relationship of faith with god. It’s a journey not pretending to be holy and perfect. Y’all need to stop being small minded. Haters

  4. I wish people would stop talking about Kanye… His relationship with the Lord is between him and God. Just like Wendy talking about she believe in a higher power but she can't seem to get herself together. Stop judging people… that's why it's so hard for people to even try to change because people always got something to say. Look at Michelle Williams or even Yolanda Adams and even Kirk Franklin all on the Soul Train Music Awards. Let people work out their own salvation. Just like the Bible says… At least he is married with a family and rich so he can't be doing it for no other reason but the Lord. Only God knows the heart of man. Who are we to judge.

  5. I dont think that everyone cares about the black white thing…. I could care less to be honest. If we all mix and mingle this racism will stop… The bigger issues is his phases…

  6. The Kardashians/Jenner's are very intelligent business people… Hate all you want but I'll hire Kris in a heartbeat she's VERY SMART… Hell they all are…💯

  7. Title had me like "duh its drug store beauty, with a popular name 😕" She is playing chess not checkers, but let me watch and see lol

  8. How can someone have that much money?? Like why would you want that much money wouldn't you want to do something with it??? What's the fun in life

  9. Here goes the ignorance of Wendy again, not understanding mental illness… talking about Kanye like that. Smh.

  10. $600 million is a crazy amount of money yes, but I wouldn’t be giving anyone or anything a majority stake ownership in my company.

  11. 1. i've never seen janet lip sync 2. i dont lip sync 3. neither does boa or se7en or rain so……………#dancingsingersexist

  12. Make no mistake about it Kim Kardashian will never leave Kanye West because she doesn't want to end up like her godmother Nicole Brown Simpson! Kanye West is crazy AF!

  13. I don’t know how Wendy has any fiends. I don’t have any bum friends and I would never be so rude to call them that. Wendy’s only friends are her new user friends.

  14. I hate it when Wendy speaks on behalf of black folks. Nobody black gives a damn if Kim and Kanye divorce , are you shitting me?

  15. Kylie is definitely a Smart girl she knows what she is doing but always ask her mom about what she think about it I guess … she is a great Bisness woman she got a good work ethic so I dont worry about her … she always has Idea

  16. Huge fan of Wendy, she was right about Kanye and his music. However, really not okay with all that divorce thing she spoke about and Kim. That was really ridiculous!

  17. If Kanye wants to truly be Christian he also needs to model humility too. Not saying he’s not being genuine necessarily but this feels very self-indulgent which is not what Christianity is supposed to be about.

  18. Selling shares of your own company depletes the value of your stock. Kylie is going to buy back her shares at a lower rate undercutting her other shareholders and increasing her own value. This is textbook shady business 101

  19. That's kind of sad.. when you marry someone it's til death do you part. Their wedding vows are between them we shouldn't root for their failure.. for better or for worse and I think it's amazing. Marriages don't always work out and it's really sad when we have children involved.. it's their relationship/family we shouldn't insert ourselves in it and wish them the best!

  20. Ummmm. Separated is still married. And if they’re in the U.S. state law trumps what ever shenanigans he tried to put in the will.

  21. @jeol osteen it look like he got his fresh die & curls…lmao but wait now this man is on hot topics with bulshit" black people"

  22. Wendy took all the time up telling a long story about someone no one knows or cares about.guess she cant talk about her friends no more.

  23. Kim is not a low life , what's the point of getting married? Love& family , why advocating for that? Same phony advise loffers try to give B. Live your life, riri and Ti.


  25. Wendy come on! Stop spewing ignorance. Black people are not worried about Kim divorcing Kanye. Stop acting like the black people cannot think for themselves

  26. Hilarious that this chick thinks she can speak for all black woman because a brotha is with a different race woman….lmao….yea if you says so Wendy….

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