A report has claimed that the reality star just sold a $200 million stake in her cosmetics business KKW Beauty to Coty – a French beauty company. This means one-fifth of the company is valued that much, so the entire empire of Kim Kardashian is believed to be worth an amount of $1 billion alone, excluding all of her other business ventures.
Coty company previously paid $600 million for a majority of 51% stake in Kim’s half-sister – Kylie Jenner’s company. This act led to Kylie being approximately worth of £1.2 billion. Jenner’s littlest sister could be claimed as a young billionaire until Forbes magazine chimed in and reported that she may have “forged” her tax returns and inflate figures, estimating her to be worth just closer to $950 million.
The pair have now been seen out on a date after leaving Nobu restaurant in Malibu together to celebrate her new status.
Kanye was wearing a golden sweater with black trousers and an orange hoodie around his face as a protective mask, while Kim opted for snakeskin-print trousers, neon orange bralette and a black leather jacket. Kim was mask-free for the outing.
Kim and Kanye soon climbed into Kanye’s Lamborghini SUV as they made their stylish getaway.
Meanwhile, Kylie previously slapped back at Forbe’s accusations of misrepresenting her financial status.
The make-up mogul wrote on Twitter : “What am i even waking up to. i thought this was a reputable site.. all i see are a number of inaccurate statements and unproven assumptions lol. i’ve never asked for any title or tried to lie my way there EVER. period.”
She then jumped to the conclusion: “I can name a list of 100 things more important right now than fixating on how much money I have.”