Hailey Bieber is widely reported as having joined the billionaire club in 2025 after Rhode was acquired by e.l.f. Beauty for about $1 billion. Several outlets and financial pieces confirm the milestone and her ongoing role with Rhode/e.l.f. Beauty. Please note that exact totals and terms varied in reports (closing cash vs stock components and any potential earnout), but the consensus is that she surpassed billionaire status via the Rhode sale.[1][5][9]
Key points
- The Rhode brand, founded by Hailey Bieber and partners, was sold to e.l.f. Beauty for around $1 billion, enabling Hailey to enter the billionaire tier.[5][1]
- Hailey is described as continuing in leadership (Chief Creative Officer/Head of Innovation) and serving as a strategic advisor to e.l.f. Beauty post-deal.[7][5]
- The sale was reported across multiple outlets, with figures typically noting $800 million at closing (cash and stock composition) and potential earnout considerations, depending on future growth.[9][5]
How this fits your question
- Latest status: Hailey Bieber is reported as a billionaire due to the Rhode sale in 2025.[1][5]
- Public narrative: Coverage emphasizes her role in product innovation and branding alongside the business milestone.[5][7]
- Contextual notes: Some outlets discuss timing relative to her husband’s public profile, but the core financial milestone stands on the Rhode sale.[3][7]
If you’d like, I can pull a concise timeline of the sale events and a quick summary of what the deal included (cash vs stock, any earnout, and her post-deal roles) with sources.