Kim Kardashian Company Now Valued at $1 Billion!!! A year after US beauty giant Coty Inc purchased a majority stake in Kylie Jenner’s makeup and skincare line, the company has agreed to buy a 20% stake in Kim Kardashian West’s KKW for $200 million.
The deal values Kim’s cosmetics company at $1 billion, slightly lower than the $1.2 billion valuation Coty put on Kylie Jenner’s business.
We guess that Forbes’ piece accusing Kylie Jenner of faking tax returns and inflating her company’s valuation didn’t faze Coty one bit.
Now, Kanye isn’t the only billionaire in the Kardashian-West household.
Called “America’s Number ONE Gossip Columnist” by The National Enquirer. Rob ‘Naughty But Nice’ Shuter breaks celebrity news every day on his website NaughtyGossip.com where he delivers all the dish about the stars we love in his naughty but nice signature style. You can also catch him co-hosting and breaking celebrity news on Good Day New York, The Today Show, The Talk, Wendy Williams Show, CNN, Extra and Z100’s ‘Elvis Duran.’ Previously, Rob was the Huffington Post’s only celebrity columnist and the former executive editor of OK! Magazine. Rob has also hosted his own Saturday night talk show on Mark Cuban’s channel and his own daily morning show, ‘The Gossip Table,’ on VH1! He just celebrated his one-year anniversary on Radio Rob – his subscription-based daily live podcast gossip show! Breaking some of the biggest entertainment stories, including Jamie Lynn Spears’s pregnancy news, Britney’s first post-meltdown interview, Eva Longoria’s wedding, and baby exclusives for Jessica Alba, Tori Spelling and Mathew McConaughey’s tots, Rob always knows where to find the best scoop. Before Rob was one of the world’s most successful entertainment reporters, he was a publicist working for Jennifer Lopez, Alicia Keys, P. Diddy, Jessica Simpson and Jon Bon Jovi! Now he is bringing all this experience to his new show on I HEART MEDIA in his unique cheeky way, that is always a pinch and never a punch!
Kim Kardashian Company Now Valued at $1 Billion! Kim Kardashian Company Now Valued at $1 Billion!