Kanye West celebrated Kim Kardashian nearing 10-figure status after she sold a stake in her cosmetics company to the beauty giant Coty on Monday, June 29.
Coty and the Keeping Up With the Kardashians star, 39, announced in a press release on Monday that she sold a 20 percent stake in KKW Beauty to the conglomerate for $200 million.
“Partnering with an established organization like Coty will be instrumental in the advancement of my brands as their global reach allows for faster expansion so people around the world are able to experience new launches firsthand,” Kardashian said in a statement.
“This relationship will allow me to focus on the creative elements that I’m so passionate about while benefiting from the incredible resources of Coty, and launching my products around the world.” Although West declared that the deal made his wife of six years a billionaire, Forbes estimated on Monday that she is worth $900 million.
The Grammy winner, for his part, was named a billionaire in April, thanks largely to his Yeezy sneaker empire, according to the business magazine.
I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire— ye (@kanyewest) June 30, 2020
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
Forbes wrote Kanye 'claimed', does that mean Kim is not?
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