Kim Kardashian West is now a billionaire following deal with Coty Inc.

Author:
Tue, 2020-06-30 10:45

DUBAI: Just a few weeks after Kylie Jenner and Kanye West topped
the annual Forbes list of the highest paid celebrities, Kim
Kardashian West is now reportedly a billionaire. 

The reality TV star, who is the brainchild of brands KKW Beauty,
KKW fragrance and SKIMS shapewear, sold a stake in her beauty label
to Coty, a beauty conglomerate, for $200 million, in a deal that
values Kardashian’s three-year-old business at $1 billion.

“We are thrilled to welcome one of the most influential beauty
icons to the Coty family: @kimkardashian West!†the company wrote
on Instagram Monday.

I am so proud of my beautiful
wife Kim Kardashian West for officially becoming a billionaire

You’ve weathered the craziest storms and now God is shining on
you and our family

So blessed this is still life
So I made you this still life

We love you so much pic.twitter.com/Vvtgzodnah

— ye (@kanyewest)
June 30, 2020

Kanye West, father of her four children, took to Twitter to
congratulate his wife. “I am so proud of my beautiful wife Kim
Kardashian West for officially becoming a billionaire,†he wrote
to his 29.2 million followers.

“You’ve weathered the craziest storms and now God is shining
on you and our family.â€

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Source: FS – All – Interesting – News
Kim Kardashian West is now a billionaire following deal with
Coty Inc.