One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown.

Mao Geping, the 60-year-old makeup artist, has become a billionaire thanks to a successful listing of his eponymous cosmetics brand in Hong Kong.

Chinese makeup artist Mao Geping has become a billionaire as shares of his cosmetics company nearly doubled in a trading debut in Hong Kong.

China‘s newly minted billionaire is an opera singer-turned-celebrity makeup artist. Mao Geping, whose namesake cosmetics company went public in Hong Kong on Tuesday, saw his wealth explode as the company he founded more than 25 years ago raised at least $300 million in the initial public offering.