The net worth of the Kardashian-Jenner family is always at the centre of attention. Kim Kardashian West is the latest member of her family to become a billionaire. Who announced the news is her husband, Kanye West (that will soon launch his beauty line) on his Twitter account: “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. So blessed this is still life. So I made you this still life. We love you so much!” A tribute post, that by expressing his love for Kim, deny every rumour about a possible crisis in their marriage.
After the recent fall down of her sister Kylie Jenner, accused by Forbes of lying about her actual entries and is now out of the list, Kim takes her place. But what contributed to her new status? Kim Kardashian recently sold to Coty the 20% of her beauty company KKW Beauty for 200 million dollars, after being valued 2 billion dollars. This new partnership between KKW Beauty and Coty will allow the entrepreneur to expand her business and include a wider range of products (body care, hair care and nail products) and distribute her products worldwide.
“This partnership will allow me to focus on the creative elements of my business and benefit from the incredible resources of Coty,” writes Kim. In November 2019 Kylie already sold 51% of Kylie Cosmetics to Coty for 600 million dollars (after that her brand was valued 1.2 billion dollars). After the announcement, Kim Kardashian celebrated her new success with her husband, and for the occasion, she showed off her new cherry red hair. Her hairstylist, Chris Appleton, explained that the transformation took two hours: “We wanted to maintain the roots as natural and healthy as possible, so we kept a few centimetres, bleached the rest until the tips and dyed it with a beautiful cherry red”.