Kim Kardashian is Now $200 Million Richer
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Following in her younger sister Kylie Jenner’s footsteps, Keeping Up With the Kardashians star Kim Kardashian is now $200 million richer after selling a stake in her cosmetics company to Coty.
According to Forbes, the move has now propelled Kim into billionaire status after Coty purchased the 20 percent stake in her KKW Beauty business.
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"I love the shade range of our Nude Crème Lipsticks, so launching glosses to match was a natural next step for KKW Beauty. I like to be creative with my nude lip looks so these glosses have become a mainstay in my makeup bag." – @kimkardashian 🤎 Shop the Nude Glosses at KKWBEAUTY.COM | Details: Nude 1 Gloss and Classic II Eyeshadow Palette #KKWBEAUTY
The deal comes after Coty purchased a 51 percent stake in Kylie Jenner’s cosmetic company back in January.
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
Kim’s husband Kanye West took to Twitter to congratulate his wife, tweeting, “I’m 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,” West praised. “So bless this is still life – So I made you this still life. We love you so much.”