Kim Kardashian West’s Worth Rises To $900 Million
Kim Kardashian West’s worth rises to $900 million after agreeing to sell a stake of 20% in her cosmetics firm to Coty. The deal which was announced yesterday was to sell a 20% stake of her cosmetics company KKW Beauty, worth $200 million, to beauty giant Coty.
This deal values KKW Beauty at $1 billion, which according Forbes’ estimates, making Kardashian West worth about $900 million. The acquisition set to close in early 2021, will leave Kim the majority owner of KKW Beauty with an estimate of 72% stake in the company.
However, his husband, an American rapper, singer, song writer, record producer, composer, entrepreneur and a fashion designer, Kanye West who has a net worth of $1.3 million is celebrating her as a Billionaire.