Page 4 - Florida Sentinel 8-17-18

Positive News
THE FLORIDA SENTINEL
BULLETIN ...
Recommendations For August 28th Election
GOVERNOR
Andrew Gillum
ATTORNEY GENERAL
Sean Shaw
COMMISSIONER OF AGRICULTURE
No Recommendation
STATE SENATOR DISTRICT 20
Kathy Lewis
STATE REP. DISTRICT 61
Dianne Hart
STATE REP. DISTRICT 62
Susan Valdes
STATE REP. DISTRICT 70
Wengay “Newt” Newton (The winner will be determined in the Primary Election.)
BOARD OF COUNTY COMMISSIONERS DISTRICT 5
Mariella Smith
BOARD OF COUNTY COMMISSIONERS DIST. 7
Mark Nash
CIRCUIT JUDGE GROUP 25
Cissy Sevelin
COUNTY COURT JUDGE GROUP 2
Greg Green
COUNTY COURT JUDGE GROUP 5
Jared Smith
COUNTY COURT JUDGE GROUP 8
E. Michael Isaak
SCHOOL BOARD DISTRICT 1
William Person
SCHOOL BOARD DISTRICT 2
Stacy Hahn
SCHOOL BOARD DISTRICT 4
Melissa Snively
SCHOOL BOARD DISTRICT 6
Henry ‘Shake’ Washington
This Self-Made Black Entrepreneur's Makeup Brand Is Now Worth $1 Billion --
But You Won't Read That In Forbes Magazine!
Pat McGrath Labs, a Black-owned makeup brand launched by make-up artist Pat McGrath, has just re- cently reached a whopping $1 billion estimated value. The brand has officially surpassed the $900 million estimated worth of Kylie Cosmetics owned by Kylie Jenner who was featured on the August 2018 cover of Forbes Maga- zine and controversially re- ferred to as a "self-made" billionaire.
A billion dollar company within just two years
Pat is truly a self-made billionaire entrepreneur. She launched her line of makeup products just two years ago back in 2016, and it has al- ready became an instant in- ternational success. In fact, it has been one of the best-sell- ing brands at Sephora, the most popular nationwide
Pat McGrath, founder of Pat McGrath Labs.
chain of stores that sell beauty and personal care products.
She isn't called "the most influential make-up artist in the world" by Vogue maga- zine and others for no reason. She has proven herself, work- ing alongside high-profile de- signers such as Versace, Givenchy, Gucci, and Dolce & Gabbana. Even more, she is
being celebrated both in the editorial and runway scene.
A $60 million dollar milestone
Just recently, her com- pany hit a significant mile- stone after securing a $60 million deal with New York- based investment firm Eu- razeo Brands. Other details about the deal were not dis- closed but beauty industry in- siders speculate that Eurazeo took a 5 to 8% stake, putting the value of Pat McGrath Labs at more than $1 billion.
"It has always been my dream to create an iconic beauty brand that goes be- yond the usual limitations, that lives outside the param- eters of what is expected," Pat said in a statement via a press release. "I am thrilled to be working with the unique and expert team at Eurazeo Brands."
PAGE 4-A FLORIDA SENTINEL BULLETIN PUBLISHED EVERY TUESDAY AND FRIDAY FRIDAY, AUGUST 17, 2018