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Kanye West congratulates his wife Kim Kardashian on becoming a billionaire: I am so proud



Kim Kardasian 39, the media mogul behind the brands KKW Beauty, KKW fragrance and SKIMS shapewear, sold a stake in her beauty brand to Coty for $200 million, in a deal that values the TV reality star’s 3 year-old business at $1 billion.

In this new partnership, Coty will own 20% of KKW Beauty. Coty, the multinational company that owns CoverGirl, Tiffany & Co. and Balenciaga among other notable beauty and fashion brands, bought 51% of Kylie Cosmetics for $600 million in 2019.

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www.usatoday.com   
06-30-20