Bearbeiten von „Now Kim apos;s A BILLIONAIRE Coty Inc Splashes Out 200m On Beauty Empire“

Kim Kardashian's beauty brand, KKW, has been valued at a billion dollars, with the mogul now overtaking the wealth of her younger sister Kylie Jenner. <br>The mogul, 39, has just inked a deal with Coty Inc.<br>to sell a 20 per cent stake in the company, which sells make-up and fragrances, for $200million. <br>The deal is for a 'long-term strategic partnership to launch products in new beauty categories and expand across the globe from top to bottom', [ ]reports.<br>         Now Kim's a BILLIONAIRE!<br><br>Coty Inc has splashed out $200m on 20 per cent of Kardashian's beauty empire as she overtakes sister Kylie Jenner in the wealth stakes (stock image) <br>Sources have also told the site that Coty acts as a licensee for skin,  [https://www.kynghidongduong.vn/tours/tour-du-lich-ha-noi-bac-kan-ho-ba-be-cao-bang-hang-pac-bo-thac-ban-gioc.html tour hồ ba bể] hair, personal and nail products.<br>If the company have paid $200million for one fifth of the brand, that means they value the whole company at a billion dollars.  <br>   RELATED ARTICLES  [# Previous] [# 1] [# 2] [# Next]     [/tvshowbiz/article-8469541/Kate-Mara-picture-serenity-weekend-walk-park-13-month-old-daughter.html  Kate Mara is the picture of serenity as she enjoys a weekend...] [/tvshowbiz/article-8469111/Joshua-Jackson-wears-mask-Gucci-trainers-Sunday-shopping-trip-West-Hollywood-supermarket.html  Joshua Jackson wears mask and Gucci trainers on Sunday...]   [/tvshowbiz/article-8469321/Emmy-Rossum-puts-leggy-display-Daisy-Dukes-makes-coffee-run-husband-Sam-Esmail.html  Emmy Rossum puts on leggy display in Daisy Dukes as she...]    <br><br><br><br>Share this article<br>Share<br><br><br>This means that Kim has overtaken her sister Kylie, 22, in the wealth stakes as her wealth is thought to be at $900-950million. <br>She had been listed as a 'self-made billionaire' by Forbes, but they denounced her title, angering her by accusing her of inflating figures and 'forging' tax returns for the makeup mogul's cosmetics company. <br>         Not happy: The latest news comes after Kylie's wealth was estimated at around $900-950million as Forbes stripped her of her 'self-made billionaire' title <br>Coty bought a majority stake in Kylie's beauty company, (51 per cent) in 2019, for $600million, whereas Kim will still be in charge of her company. <br>TMZ also reported that Kim and her team have been working out the deal with Coty for months.<br>Kim said: 'This relationship will allow me to focus on the creative elements that I'm so passionate about while benefiting from the incredible resources of Coty, and  [https://www.kynghidongduong.vn/tours/tour-du-lich-ha-noi-bac-kan-ho-ba-be-cao-bang-hang-pac-bo-thac-ban-gioc.html kynghidongduong.vn] launching my products around the world.' <br>Kim's beauty company was recently sued by Seeds Beauty because they were reportedly worried she would spill trade secrets to Coty. <br>         Something to say: Kylie recently hit back at Forbes after it published a report claiming that the Jenners and their PR team inflated figures for  [https://www.kynghidongduong.vn/tours/tour-du-lich-ha-noi-bac-kan-ho-ba-be-cao-bang-hang-pac-bo-thac-ban-gioc.html tour hồ ba bể từ hà nội] Kylie Cosmetics <br>Last month, Kylie slammed Forbes after the publication released a bombshell report accusing her of inflating figures and 'forging' tax returns for the makeup mogul's cosmetics company.<br>It appeared the [http://www.healthable.org/?s=reality%20star reality star] was taken by surprise at the [ ][ ]named Kylie the world's youngest self-made billionaire in 2019 and again in 2020, and of her surprise over their latest article she wrote on Twitter: 'What am i even waking up to.<br><br>i thought this was a reputable site.<br>'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' <br>       'Inaccurate statements': Kylie appeared shocked by the Forbes article that claimed her family created a 'web of lies' so she could be crowned the youngest billionaire<br>She followed up with a quote from the Forbes report that accused the Jenners and their accountant of producing false tax returns.<br>'"Even creating tax returns that were likely forged" that's your proof?<br><br>so you just THOUGHT they were forged? like actually what am i reading.' Kylie tweeted incredulously. <br>She followed up with another post focusing on the positive, 'but okay i am blessed beyond my years, i have a beautiful daughter, and a successful business and i'm doing perfectly fine.'<br>The publication accused Kylie of 'lying about company figures and forging tax returns' to be dubbed a billionaire. <br>       Report: Kylie is not a billionaire, Forbes claimed.<br><br>They accused the 'self-made' makeup mogul, 22, of spinning 'a web of lies' about company figures and 'forging tax returns'<br>