Duration 15:5

These 8 Companies Own The ENTIRE Makeup Industry (& are owned by the world's richest billionaires)

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Published 31 Mar 2021

Let’s talk parent companies! These 8 conglomerates own almost all of the makeup industry and are run by the wealthiest billionaires in the world! ~ S U B S C R I B E ~ Some overlay graphics were used from this article from Insider: https://www.insider.com/companies-beauty-brands-connected-2017-5 ——— FOLLOW ME: Instagram: @_KellyGooch Tik Tok: @_KellyGooch ——— VIDEOS MENTIONED: Brands That Closed Down: /watch/wTjmhRu1_Uh1m ——— BINGE-WORTHY PLAYLISTS: Low-Buy Guide: /playlist/PLTo_pVkRHQ77w0Pr0wtx763N3DUGy2fx1 Makeup Tutorials: /playlist/PLTo_pVkRHQ74m6z6_IpB69eYfyzhoSgas How To Go Cruelty Free: /playlist/PLTo_pVkRHQ75HCWVVJR7DZpknKIOhxwed ——— WHAT I’M WEARING: Eyes: ELF Rosewater Quad Lips: Bite Beauty Sugarcane Earrings: Kendra Scott Nails: KL Polish Zoey IN MY BACKGROUND: Target Lamp: https://go.magik.ly/ml/151ih/ Fake Fern: https://go.magik.ly/ml/151ii/ ——— DISCOUNTS & CODES - Sigma Beauty: Code “KELLYG” for 10% (affiliate) Shop Here: http://bit.ly/2JoYJ24 - Kokie Cosmetics: Code “KELLY25” for 25% off (affiliate) Shop here: https://www.kokiecosmetics.com/ - Ofra Cosmetics: Code: “KELLYG” for 20% off (affiliate) Shop here: https://www.ofracosmetics.com/ - Ebates provides cash back when shopping online. Sign up and receive a $10 welcome bonus. Sign up here: https://www.rakuten.com/r/KELLYG2418?eeid=28187 (referral link) - Magic Links helps creators earn commission from product links! Sign Up here: https://www.magiclinks.com/rewards/referral/kellygooch/ (referral link) ——— FAQ: What is your skin type? Normal to dry What camera do you use? https://go.magik.ly/ml/144t9/ How do you do your hair? /watch/caproP0ODLjOr What editing software do you use? Wondershare Filmora How old are you? 27 ——— FTC: Affiliate links are used (typically start with magic.ly or rstyle.me). If you purchase through the links, I may receive a small commission. This video is not sponsored. All opinions are my own and always will be!

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Comments - 368
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    @MsEclectic3 years ago One good thing to come out of social media is exposure of indie brands. These mega companies have massive marketing and advertising budgets and without . ...Expand 315
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    @shaynaleann10543 years ago The parent company stuff is wild! I can' t fathom how much money that man has. It upsets me to think of ppl having that much money when 15% of that . ...Expand 179
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    @shoh15413 years ago Interesting to note that none of the parent companies are cruelty free. They own companies which are, but its mind blowing to realize that in the end o . ...Expand 255
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    @micarich43313 years ago This is not limited to cosmetics. The world and our choices are owned by a few. Good research! 82
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    @misstricksandtipps3 years ago Honestly kinda suprised how little i actually own of these companies. Majority of my makeup is from catrice and essence and they belong to cosnova. I think . ...Expand 107
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    @mmmkk9873 years ago It' s the same thing with the news media. They' re all owned by a few people at the top, which is why it' s important to support independent companies when you can. 26
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    @leslievanhouten3 years ago That elf chipotle collab makes more sense. Crossing my fingers for a krispy kreme cover girl palette. 65
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    @uminomi45003 years ago I was intern at unilever for 6 month, i was so shooked to know there are so many brand under them. 41
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    @courtneycullen62893 years ago P&g owns a ton of luxury beauty brands too and pat mcgrath is their global creative director for development across brands. It' s fascinating. 27
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    @helenard4613 years ago Yeah, really kinda makes you doubt the idea of a " free market" being driven byi love these videos so definitely continue please! Also, as an aside, praying for your father and his quick recovery. ...Expand 111
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    @manolobz3 years ago I would watch a whole series about you diving deep andthese conglomerates. I think as consumers it' s important to know where money is going and making sure we as a collective are using our purchasing power to dictate real change in our world, soon it may be the only power we have left. ...Expand 66
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    @carofco8853 years ago Its sad to see that we dont really have that many options, we are just making a few people super rich and they use that money to expand their monopoly even more. 20
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    @disgruntledmoderate53313 years ago This is so interesting (and makes me want to concentrate on buying from the indie brands i love) it' s so disgusting that so much wealth is held by as you noted with lvm and nestle, this goes on in all other sectors. Disney owns close to two thirds of all us media, and they are currently looking to acquire mgm as well. So much for the " free market. ". ...Expand 42
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    @scratchtovoid_3 years ago This is such an interesting video. Had no idea krispy kreme and covergirl had the same parent company. Surprised they havent done some kind of collab there! 42
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    @cakecrumb0953 years ago This makes me want to pack my bags and move to a small cottage in the countryside and only ever buy locally and make my own things. 8
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    @zarisundiata77443 years ago Im anand believe me, these companies dont often have a choice of whether they should stay independent (i. E. Not under a publicly tra parent company) monopoly capital is in every industry, thats the wave of the capitalist economy all around. Ive audited companies who did not want to sell but either a venture capital firm or a big, publicly traded conglomerate wins in the end. So its rarely, if ever, a choice for these brands.
    of course its a lot of money in cosmetics, a lot of that is socially engineered. I mean, i love makeup, of course, thats why i watch these videos, but if you look closely at media and especially since the advent of social (read = anti social) media, there is a lot of stimuli telling people they arent good enough every second of the day! Heck they did that in the past, but i grew up in the 80s and i remember when the networks used to completely turn the tv off, now there is minimal respite to cultivate our own thoughts and get a break from all the your not good enough propaganda!
    .
    ...Expand 30
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    @sugarnanana3 years ago This is the type of video we wanna (and need to) see! Forget about unnecessary weekly hauls, pr unboxing and excesive consumerism beauty gurus try to id="hidden13" push down our throats. This is much more interesting! Thank you for doing this!. ...Expand 41
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    @katiescollection67073 years ago Your pronunciation of arnault was pretty close! I love a good deep-dive, and this really puts it into perspective how hard it is to boycott certain parent companies and companies in general within the cosmetics industry. 26
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    @hcy39643 years ago I absolutely love these types of videos from you kelly! Honestly youre my favourite beauty channel to watch rn! 41
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    @bobbiobanion77063 years ago According to google $800 usd in the 40s would be equal to about $14, 500 today.
    it' s wild to think so many brands are own only by a few powerhouses. . ...Expand 8
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    @aa08213 years ago I knew about this a long time ago and it' s always made me wonder if high end makeup is as " high end" as its priced, in comparison to their . ...Expand 13
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    @avagorelick74083 years ago Maybelline is under l' oreal. They bought it and the name became maybelline new york. 14
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    @shelleysun49703 years ago Companies buying brands sometimes are not for the profit, its a way to get rid of possible competitors. 4
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    @Anca37993 years ago This was such an interesting video, kelly! I' ve known most of what you' ve shared in this video and i find it really important for people to be - a quiet, but loyal subscriber xx. ...Expand 27
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    @k.huelle3 years ago You brought up such an interesting question about whether or not becca would have been better off remaining independent. @Elles did a really great deep dive into becca' s origins and touched on that very thing. 12
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    @carolperdue75343 years ago Very interesting! It also shows how tough it could be for an indie brand to make a dent into the industry, especially if they want to get into retail stores. You put a lot of work into this. Tfs! 9
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    @marthabennett60563 years ago The lauder family has a terrible (and pretty well documented) history of racism - but its difficult to boycott them because they own so much of the c id="hidden20"osmetics industry. Thanks for a great video - i love learning about this!. ...Expand 92
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    @maximalismrehab60303 years ago Thank you so much for this video! I am currently transitioning to cruelty-free for makeup and skincare and these parent companies really complicate things. Appreciate you taking the time to make this video! 17
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    @JayceeElle3 years ago Good work! I think it' s good for consumers to understand where their money is going and to consider thethey only own give them the dollar to acquire it, so consumers have more power than we credit to ourselves. ...Expand 8
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    @RissyTloves3 years ago I' m aware of parent companies such as unilever, proctor and gamble etc from my job. I work for a distributor.
    the others i' ve read here . ...Expand 5
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    @justkimberxoxo3 years ago This needs wayy more views. I love learning this stuff more< 3 please keep us informed. Youre great. 7
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    @fishnsyd3 years ago Please keep making these deep dives! Would you consider doing a video about what your job irl is? Not going into detail necessarily but talking about the type of work you do and how it influences your videos. 5
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    @kkouz453 years ago Growing up in the 1960s, both my parents worked for 2 large pharmaceutical companies, my dad at merck and my mom at wyeth. At the time wyeth was owned . ...Expand 8
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    @elizaluizezile3 years ago So we should buy indie! Before the oligarchs own everything including us. 228
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    @MelodieCastonguayN3 years ago This is officially one of my favorite videos youve ever done. Wow. Some of these surprised me! 4
  • @
    @nayyynorrr3 years ago I love when you do these videos! Theyre short, informative, well explained and in a simple way! Thank you. 4
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    @beckybertish78413 years ago Wow this was interesting wierd that nestle is in cosmetics too. 7
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    @jennibickford13843 years ago Youre eye shadow looks luxury!
    cant believe its elf- need to invest in some of their bite size quads.
    5
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    @FrauDrDerWoche3 years ago I loved this video! I boycot nestl for a few years now because of their unethical business practices. It' s really hard because they own so much and so many companies. 3
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    @clairdelunefan3 years ago It' s not just the beauty industry. There are also giant-parent tech and media companies that own everything. It' s scary! It' as if, these mega-mergers . ...Expand 2
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    @adelaidewendel10213 years ago Id love to see you do a full face of indie brands sometime soon! Sending my best wishes to you and your family. 5
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    @saramoggio53203 years ago This was so interesting. Well done! I hope the content you produce like this gets a lot of views and positive feedback. I tend to watch beauty youtubers . ...Expand 4
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    @imscanon3 years ago Wow, thanks for all the hard work on this one. That' s so interesting! What i' m tired of seeing is loved products changing to cheaper formulas once they are snatched up by a conglomerate. 3
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    @MissPersia83 years ago This makes supporting the indie brands all the more important and crucial. 1
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    @lilacchocolate3 years ago Love these deeper dives, kelly!
    i was mind blown when i first realise just how much these parent companies monopolise the market.
    3
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    @rubinasindhi87843 years ago No one ever talks about this on youtube! Great information kelly! Always look forward to watching your videos! 1
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    @traceyflater3 years ago Very well done. I' m really enjoying these deep dives. 6
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    @04ngarcia3 years ago I never think about the parent companies to all the brands i love. Thank you to opening our eyes to all this extra knowledge. I see how excited you get to share this information so i enjoy watching these videos. 4
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    @tammyherrera72623 years ago That was extremely fascinating! Would love to see more videos like this! Thanks for sharing! 3
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    @smagurugals3 years ago I decided to avoid cf brands if they parent companies that arent cruelty free. 10
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    @halcyonmoon3 years ago A big fear is my fav brands being bought by one of these companies (indie makeup is my passion) 4
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    @katiesmakeupbag4983 years ago Thanks for doing the research for us. Very informative. 3
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    @annenewcomer66263 years ago Great video. I knew about a lot of this, but you certainly did a lot of research. I really learned a lot. 1
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    @driilopes3 years ago Miss you, kelly! I hope your dad is doing ok. Sending love and prayers! 2
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    @KarenHarrismakeup3 years ago The background is stunning and of course you look gorgeous. 4
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    @ChristyHealey3 years ago This was honestly fascinating! I feel like im going to need to watch this a second time! Thanks kelly! 1
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    @juliannedoran60203 years ago This was amazing. I had no idea. Thank you for shedding somewhat onto this.
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    @christianlanman43833 years ago I find stuff like this fascinating as well! Thanks for all the research. 2
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    @marianaholguin3143 years ago Kelly maintaining us informed! Amazing videoo!
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    @GeminiGlitters3 years ago Your makeup looks soo beautiful, your base makeup looks flawless! 1
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    @usa-girl9113 years ago Im surprised so few know this information. But im glad you are getting the word out. Wait until people realize its the same way with the media. And t id="hidden31"hey decide everything you hear and see on tv. Talk about control. Its all coordinated. ...Expand 1
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    @jessicalall85243 years ago Super interesting! Just subscribed - love this type of content.
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    @TheChubbyDoe3 years ago I would love to look into indie brands more, but i haven' t found any that are suitable for my sensitive skin (no fragrance and no botanical oils, for . ...Expand 4
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    @rayzee02853 years ago These are your some of your best videos! Please do more. 2
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    @joycesmith97543 years ago I love this video please do more of these types of videos i really enjoy hearing and learning about these companies. Thank you fir all that you do to inform us. God bless. 3
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    @Ktspitfire0073 years ago This is crazy!
    p. S.
    sending prayers for your dad!
    4
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    @nere17713 years ago Very interesting topic, i really enjoyed the video.
  • @
    @KomalBahal3 years ago This was super interesting! The amount of research hats off! 1
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    @hotpink000last year I love this type of content please do more of these business of beauty type of video. 1
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    @janetcarey69542 years ago Amazing information! Thank you for sharing.
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    @jennawar133 years ago Wow this content so fascinating, love the research!
    would you be interested in doing a follow up video going over the brands in your personal be . ...Expand 6
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    @jodydiou3 years ago I love this stuff! It' s amazing how intertwined the companies are!
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    @loriwenzel19983 years ago Very interesting! Prayers to you and your family and your dad. 2
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    @izzysa13 years ago Oh dear- this is a mashup of macro economics using cosmetics as a basis. This sector forms a part of the conglomerates. Big business, yes- but one that . ...Expand 5
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    @reilife1213 years ago I find these type of videos so interesting, keep them coming kelly: d i only wish they were longer.
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    @ashleykelly78053 years ago Wow this was so interesting! Love these types of videos youve been doing, thanks for all of your research! 1
  • @
    @missninit3 years ago I love this video i think it' s fascinating! And your voice is so soothing.
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    @jenfarina18923 years ago So interesting! I love these kinds of videos that you do delving into the industry. Definitely eye opening. 4
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    @haley68763 years ago This is all so fascinating, thank you for researching and sharing!
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    @hudyabramowitz84933 years ago This is such an interesting video! Im actually very proud to see how much i already knew! 2
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    @theeluannesantos3 years ago Very interesting! Its crazy to think about how everything is intertwined. 1
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    @pestcoeb2 years ago I love these videos. Thank you for all your hard work!
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    @xoxostaci3 years ago I definitely enjoy these types of videos and all of the research you put into them < 3. 1
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    @biogirl13813 years ago Ive been loving your in depth videos. Your content just gets better and better. 3
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    @julsz5283 years ago I seen that nestle charge when i ordered something i think from nyx online. I was shocked. Its nice to know an influencer is so close to me i am i id="hidden36"n windsor, canada and someone said your right across the border. Hope your dad is doing well and glad i found your channel and educate us. ...Expand 1
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    @aitotheko3 years ago So interesting! Love this kind of content!
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    @kdh18303 years ago But ya know. Thats how interconnected everything is in the world. I work in dentistry and people ask me like which companies or brands are better and i . ...Expand 3
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    @Lori1976last year Love this. I stopped using " beauty lines" and started using tallow products from etsy. Also removing seed oils and sugar from your diet is extremely . ...Expand
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    @MaryEllenAfter603 years ago I found this very interesting kelly. Thank you for taking the time to make this video.
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    @lisapetitpas94763 years ago Very interesting! I knew about loreal but no deets on all the others. Just figured it was overwhelming! I am impressed by you! Smart and beautiful! 2
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    @christykerr76423 years ago So interesting! Thank you for doing all of the research for this video!