Is Rare Beauty a Private Company? Let’s Find Out!
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Have you ever wondered if Rare Beauty, the makeup brand founded by Selena Gomez, operates as a private company? You’re not alone, and we’re here to clear that up!
So, let’s dive right into the big question: Is Rare Beauty a private company? Keep reading to find out more about this popular brand.
Yes, Rare Beauty Is a Private Company
Rare Beauty stands as a private company, meaning it’s owned by individuals or a small group rather than being publicly traded on stock markets. Founded in 2019 by superstar Selena Gomez, Rare Beauty quickly made its mark in the beauty industry with its mission to challenge beauty standards and support mental health initiatives.
Operating as a private entity allows Rare Beauty to closely align its business practices with its core values. By donating 1% of gross sales to mental health causes, Rare Beauty demonstrates its commitment to making a difference beyond beauty products.
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Fancy winning some Rare Beauty goodies? With Playbite, you can! Playbite is an app that lets you play fun games and earn rewards. Why buy Rare Beauty products when you can win them? Download the Playbite app today, and start playing to win official Rare Beauty eGift Cards. Not only will you have a blast playing games, but you could also get your hands on some of Selena Gomez’s favorite makeup essentials. It’s a win-win!
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