Hailey Bieber has sold her company Rhode to e.l.f. Beauty in a deal reportedly worth $1 billion. The terms of the sale may include an earnout charge, with one report suggesting a $57.6 million charge has been triggered. The details of the sale and Hailey Bieber's plans for the funds are being reported by various outlets, but the exact nature of the agreement and her intentions for the money are not entirely clear.