Kim Kardashian-West will be laughing all the way to the bank after selling one fifth of her beauty brand for $200million.Cosmetics giant Coty agreed to buy a 20 per cent stake in KKW, a brand that Kim kickstarted just three years ago in 2017.The mega-company has previously worked with the Kardashian-Jenner family, purchasing a 51 per cent majority stake in Kylie Jenner's brand, Kylie Cosmetics.However, their latest deal values KKW at $1 billion, falling short of the $1.2 billion valuation that was placed on Kylie Cosmetics.Sources revealed to the Financial Times that the cosmetics giant could purchase a majority stake in the future.Under the terms of their contract, Coty will take "overall responsibility" of driving sales of its skin, hair.
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