Kim Kardashian sells 20 percent stake in beauty brand to Coty

Carla Harmon
July 1, 2020

Kanye West is one proud husband.

West was slammed on social media for touting his family's wealth in the midst of the coronavirus pandemic that has seen more than 36 million Americans lose their jobs. For those who are unfamiliar, a still life is a work of art where inanimate objects, usually everyday items, are presented in a certain way (via liveaboutdotcom).

The rapper, 43, wrote to his Keeping Up with the Kardashians star wife; "I am so proud of my attractive 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", he added.

"So blessed this is still life. We love you so much", he continued.

At first glance, the image confused a lot of fans. The post has since earned over 20,000 retweets and 100,000 likes.


Kim Kardashian West previously posted a birthday message to North on June 15. Coty seems to be enamoured with the Kardashians: Last year, it bought a 51% stake in the makeup line started by Kardashian West's younger sister, Kylie Jenner.

The Keeping Up With The Kardashians star has sold a stake in her beauty brand to Coty cosmetics company for $200 million (£162m), in a deal that values her business at $1 billion (£813m), and the rapper has marked her success with a freaky tribute.

Coty Inc. made the announcement about the strategic partnership on Monday, stating in a press release that together, they will "focus on entering new beauty categories and global expansion" of Kim's existing product lines which means skincare, haircare, personal care and nail products are coming. The deal will reportedly be finalized in the third quarter of 2021. In typical Kardashian fashion, the family went all out in celebrating North's special day, enjoying a fun day on their ranch in Cody, Wyoming.


Stay tuned to see her upcoming launches.

Other reports by iNewsToday

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