Two months ago Kim Kardashian got put on blast for copying make-up mogul Pat McGrath's color pallet after they collaborated on a project [click here if you missed that].
In totally unrelated news, Pat McGrath's make-up empire has just been valued at $1 billion...
From Women's Wear Daily
Pat McGrath Labs — the beauty operation of makeup artist Pat McGrath — has received a $60 million minority investment from Eurazeo Brands.
Terms of Eurazeo’s investment were not disclosed, but industry sources said the firm is estimated to have taken a 5 to 8 percent stake in the business at a valuation of more than $1 billion.
Industry sources said the business is growing quickly and is expected to do more than $60 million in retail sales for 2018.
