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Kevyn Aucoin's company left in debt

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PUSSSYKATT

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Oct 9, 2003, 9:16:43 AM10/9/03
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NY POST/PAGE SIX...
KEVYN Aucoin was the world's most famous makeup artist when he died in May
2002, but the company he founded is reeling under the weight of crushing debt.
"I want Kevyn's name to be clear," says Izzy Aucoin, 73, a retired lineman for
Bell South, who has taken over his son's company along with Kevyn's three
siblings. They are running the business from Lafayette, La.

"I don't care if I get one solitary dime," Izzy told the Independent, a weekly
magazine based in Lafayette. "Money's not the object of my game. I don't care
about the same things any more."

Kevyn Aucoin Cosmetics currently faces debts of more than $2 million, including
$100,000 in taxes; $80,000 in unpaid salary to Eric Sakas, its Manhattan-based
CEO; and $600,000 to Japanese makeup artist and entrepreneur Shu Uemura.

The family is finally close to collecting Kevyn's long-contested life insurance
policy worth $3 million. The insurance company has balked at paying and claimed
the policy is invalid because Kevyn died so soon after buying it.

This all occurs simultaneously with the publication of a new biography, "Kevyn
Aucoin: A Beautiful Life," by fashion writer Kerry Diamond.

Aucoin wasn't just a sought-after makeup artist who was paid $8,000 a day by
his celebrity customers like Cher, Julia Roberts, Gwyneth Paltrow and Tina
Turner - he was their confidant.

"Kevyn would do my makeup, and I know this sounds corny, but honestly, I felt
like I'd been kissed by the beauty gods," Janet Jackson told Diamond.

Sharon Stone is quoted in the book: "I don't feel that he's gone. His presence
and the power of what he's done in the world are still moving forward."

The Aucoin family has been forced to sell off Kevyn's 82-acre estate in
Middletown, N.Y., for $1.1 million. While the family is strapped for cash, they
hope to hang onto his Chelsea apartment. But no matter how hard up they get,
they don't plan on selling the makeup company.

So far, they've already rejected a buyout offer from Uemura. "You know what I
have to say to that?" Izzy told the Independent. "Remember Pearl Harbor."

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celestina

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Oct 9, 2003, 9:48:28 AM10/9/03
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Awww.. that's too bad. He seemed like SUCH a nice, sweet man. I loved
seeing him on Oprah. And I always did read only really positive things
about him. His death was such a shock. Even though his looks always did
seem a bit 'off' - we now know he had that odd glandular disease... wasn't
that what it was, that finally overtook him? Anyway...
Ya know, if these gorgeous rich celeb women really treasured him sooooo
fucking much, why don't they honour him, truly, one last time by helping out
his company/family and keeping his vision going????? I'm so sick of
hypocritical asswipes who say one thing but then don't back it up with ANY
action when it comes down to it.


Jill

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Oct 9, 2003, 12:10:19 PM10/9/03
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"PUSSSYKATT" <agcgoss...@aol.com> wrote

>
> So far, they've already rejected a buyout offer from Uemura. "You know
what I
> have to say to that?" Izzy told the Independent. "Remember Pearl Harbor."
>
>

Oh my!

Chemqueries

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Oct 9, 2003, 12:56:56 PM10/9/03
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>From: "celestina" gertr...@nospamcox.net
>Ya know, if these gorgeous rich celeb women really treasured him sooooo
>fucking much, why don't they honour him, truly, one last time by helping out
>his company/family and keeping his vision going????? I'm so sick
of>hypocritical asswipes who say one thing but then don't back it up
with>ANY>action when it comes down to it.
**************************************************
Celestina/Gertrude, what a great post!

Leigh Melton

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Oct 9, 2003, 5:12:42 PM10/9/03
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On 09 Oct 2003 13:16:43 GMT, agcgoss...@aol.com (PUSSSYKATT)
wrote:

>NY POST/PAGE SIX...

[...]

>So far, they've already rejected a buyout offer from Uemura. "You know what I
>have to say to that?" Izzy told the Independent. "Remember Pearl Harbor."

I understand the guy is 73, but I lost a lot of my sympathy for him
with that statement. It sure isn't in the spirit of his son, who
seems to have been an all around decent guy. I don't think Kevyn
would have liked that kind of attitude.

Leigh

--
There's no place like 127.0.0.1

Robin Colleen Moore

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Oct 9, 2003, 9:17:16 PM10/9/03
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PUSSSYKATT <agcgoss...@aol.com> wrote:

I hate to even be thinking this, but I can't help but think there's a
certain amount of karmic justice at work here--not in terms of Kevyn
dying, of course (he seems like a terrific person that I wish I'd
known), but in terms of his family running the company into the ground.
IIRC, one of the NYC magazine published a story detailing just how badly
the Aucoins were treating Kevyn's husband Jeremy (they weren't letting
him have things out of the apartment they were sharing, supposedly
because the two of them had a blowup-bordering-on-breakup just before
Kevyn died, but more likely because they'd never liked Jeremy and much
preferred his previous partner Eric, the CEO of the company--IMHO, this
just illustrates one of the very good reasons that gay marriage should
be legalized, so families can't pull stunts like that, but that's MNSHO,
mind you..), so I'm finding the fact that his precedessor is now owed a
nice chunk of change rather, erm, interesting. <sigh> I just have the
sinking feeling that, if Kevyn actually knew what everyone's been up to
since he died, he wouldn't be terribly happy about it, to say the least.

Robin the mad photographer (who thought well of the family before all
that, but doesn't it take something like that to bring out true
character?)

I am happy to be an American. Nowhere else could a Jew with a giant
nose engage in tongue play with an African American with a fabulous
tush after winning an Academy Award on live television for playing a
Holocaust survivor and not have someone declare a holy war against us.

Mary Campbell

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Oct 10, 2003, 3:03:36 AM10/10/03
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Robin Colleen Moore (ro...@mindspring.com) writes:
>>
> I hate to even be thinking this, but I can't help but think there's a
> certain amount of karmic justice at work here--not in terms of Kevyn
> dying, of course (he seems like a terrific person that I wish I'd
> known), but in terms of his family running the company into the ground.
> IIRC, one of the NYC magazine published a story detailing just how badly
> the Aucoins were treating Kevyn's husband Jeremy (they weren't letting
> him have things out of the apartment they were sharing, supposedly
> because the two of them had a blowup-bordering-on-breakup just before
> Kevyn died, but more likely because they'd never liked Jeremy and much
> preferred his previous partner Eric, the CEO of the company--IMHO, this
> just illustrates one of the very good reasons that gay marriage should
> be legalized, so families can't pull stunts like that, but that's MNSHO,
> mind you..), so I'm finding the fact that his precedessor is now owed a
> nice chunk of change rather, erm, interesting. <sigh> I just have the
> sinking feeling that, if Kevyn actually knew what everyone's been up to
> since he died, he wouldn't be terribly happy about it, to say the least.

I remember the New York article, in fact it's still online at

http://www.newyorkmetro.com/nymetro/urban/gay/features/6236/index3.html

It was clear in the article that the Aucoin family did not feel too
sympathetic towards Jeremy Antunes, but he does not come off well in the
article. Regardless of his account of the situation, he had left Kevyn
and was in Paris while Kevyn was dying.

While Eric Sakas and the Aucoin family talked to the reporter about
Kevyn's life, Jeremy Antunes showed the reporter his wish list of items
that he wanted from the estate. Eric held hands with them and shed tears,
Jeremy hired a lawyer and asked for money. Who would you trust more if you
were them?

WebFool

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Oct 10, 2003, 6:43:37 AM10/10/03
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>I agree - Keep talking all you want - I'll believe you when you open up your
wallet and toss over the green.

Spyder

celestina

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Oct 10, 2003, 11:08:44 AM10/10/03
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"Chemqueries" <chemq...@aol.com> wrote in message
news:20031009125656...@mb-m07.aol.com...

thanks, Chemqueries. *kisses ;)
Saw the later post(s) about the dust-up between Kevyn's husband (ex-?) and
his family. I don't know about any of that... If his S/O truly did leave
him, and didn't come to his bedside to comfort him in his hour of need,
then, screws to him.
In any case, this is about the Man, and the wonderful work he did, the
dignity and grace with which he led his life, and that life cut short.
For my part, when I go to buy beauty products in the future, I'm going to
make a concerted effort to buy his products, especially since I know they
are quality to begin with. Perhaps you fellow makeup wearers who give a
damn could do the same. :)

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