Kim Kardashian Gains Billionaire Status

Kim Kardashian’s beauty brand has been valued at a billion dollars. Why now? Kim just inked a deal with Coty Inc. to sell a 20 percent stake in her company. That is the same company that bought some of Kylie Cosmetics. The company paid $200 million for one fifth of the brand, that means they value the whole company at a billion dollars.   This means that Kim has overtaken Kylie, who is only worth $900-950 million. MORE…

 

Image: Insta

Posted in Trending Now
Scott Fox and Kat Callaghan