Reality TV Star Kim Kardashian recently celebrated KKW Beauty being valued at $1 billion dollars with her hubby Kanye West. The news comes after global beauty company, Coty, gained a 20% stake in KKW Beauty priced at $200 million. KKW Beauty is now valued at $1 billion dollars. West shared his gratitude towards his wife achievements, via Twitter.
“I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire You’ve weathered the craziest storms and now God is shining on you and our family,” Kanye tweeted. “So blessed this is still life. So I made you this still life. We love you so much.”
His tweet came with a gift of a “still life” image of fresh produce and selection of colorful flowers on the ground.
The beauty Mogul shared an image of herself on Instagram with the caption “Manifest it all. Dreams do come true.”
The partnership with Coty will include new products like skincare, nail brands, and hair.
“Kim is a true modern day global icon. She is a visionary, an entrepreneur, a mother, a philanthropist, and through social media has an unparalleled ability to connect with people around the world,” Coty Chairman and Chief Executive, Peter Harf said in a statement. “This influence, combined with Coty’s leadership and deep expertise in prestige beauty will allow us to achieve the full potential of her brands.”
Shares of Coty recently traded up 10 percent to $4.60 a share.
Congratulations Kim!
