Social media sensation Kim Kardashian has celebrated her new billionaire status with her husband Kanye West. The Keeping Up with the Kardashians star, 39, has reportedly sold a $200 million stake in her cosmetics business KKW Beauty to the French beauty company Coty.
Due to the fact that one fifth of the company is valued at that amount, this means the entirety of KKW Beauty is believed to be worth $1 billion alone, excluding all of Kim's other business ventures.
Coty previously paid $600 million for a majority (51%) stake in Kim's half-sister Kylie Jenner's beauty company. This led to Kylie being estimated to be worth £1.2 billion, until Forbes magazine reported that she was believed to have 'forged' her tax returns and inflate
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