Rise and shine, its selling time.

Kylie Jenner , Forbes youngest-ever self-made billionaire , announced Monday that she sold a 51% stake in Kylie Cosmetics for the cool price of $600 million. Thats a lot of lip kits.

Jenner sold the majority share to the global beauty company Coty, which owns brands like Sally Hansen, Clairol, Covergirl, OPI and Rimmel.

The goal of the sale is to turn Kylie Cosmetics and Kylie Skin into a global powerhouse brand, Coty and Jenner said in a statement. That shouldnt be tough. The deal values Kylie Cosmetics at $1.2 billion.

Im excited to partner with Coty to continue to reach even more fans of Kylie Cosmetics and Kylie Skin around the world, Jenner said in the statement.