22.4 C
New York
Sunday, July 12, 2020

Kanye West Posts A Vegetable Still Life On Twitter And Claims Kim Kardashian West Is A Bil

Forbes estimates that she’s worth $900 million.
Continue reading on Forbes

TOPLINE

Kanye West posted a picture of vegetables on Twitter Monday to congratulate his wife Kim Kardashian West for “officially becoming a billionaire,” after news broke about the deal between her cosmetics company KKW Beauty and retail giant Coty ⁠— though Forbes estimates Kardashian West remains just shy of billionaire status, worth $900 million.

KEY FACTS

Coty announced Monday that it acquired a 20% stake in KKW Beauty for $200 million, valuing the company at $1 billion. 

Forbes estimates the deal, set to close in early 2021, leaves Kardashian West as the majority owner of KKW Beauty with a 72% stake in the company and that Kardashian West’s mother and manager Kris Jenner owns 8%. 

She’s worth $900 million following the deal’s close, Forbes estimates. 

“So blessed this is still life,” West tweeted saying that the vegetable arrangement he made was a still life. 

Kardashian West hasn’t tweeted about the deal yet, but on Monday she tweeted that she was “so blessed and forever grateful.” 

big number

$1 billion. Kardashian West isn’t estimated to be part of the six comma club yet, but Forbes reported in April that West is “officially a billionaire” and that “he really wants the world to know.”

tangent

Kardashian West’s half-sister Kylie Jenner signed a deal with Coty in January. She sold 51% of her Kylie Cosmetics at a valuation of $1.2 billion. Forbes reports that the deal left her with a net worth of just under $900 million. Jenner topped this year’s Celebrity 100 list of the world’s highest-paid celebrities alongside brother-in-law West. Jenner and West brought in $590 million and $170 million, respectively. Last week, West inked a deal between his Yeezy fashion brand and Gap Inc. — “Yeezy Gap” will be in stores and online in 2021.  

further reading

Kim Kardashian West Is Worth $900 Million After Agreeing To Sell A Stake In Her Cosmetics Firm To Coty (Forbes)

The Company That Makes Kim Kardashian’s Cosmetics Is Suing Her To Protect Its Trade Secrets (Forbes)

Kanye West Is Now Officially A Billionaire (And He Really Wants The World To Know)(Forbes)

Inside Kylie Jenner’s Web Of Lies — And Why She’s No Longer A Billionaire (Forbes) 

Gap’s Stock Surges After Apparel Deal With Kanye West’s Yeezy (Forbes)

- Advertisment -

Most Popular

‘It came from their hearts’ – Mourinho hails Spurs as Arsenal derby win keeps up Europa Le

Jose Mourinho hailed Tottenham's North London derby win over rivals Arsenal as a result that came "from their hearts" as the club kept up the hunt for a Europa League place with victory over the Gunners.

Hyper Scape open beta available now, new weapon and Hack coming

At Ubisoft Forward, the company announced Hyper Scape's new open beta. The new battle royale is free to download for all PC players. The game also has a new battle pass, a new weapon, and a new hack.

Hyper Scape Open Beta Out Now – IGN

Hyper Scape has gone into open beta on PC. The new battle royale is currently playable only on PC (but will come to consoles at a later date). The open beta will be broadly familiar to those who've played the previous technical tests, but adds a new weapon, ...

Hyper Scape open beta: Download from Uplay today, Ubisoft’s PS4 and Xbox One news

THE Hyper Scape open beta has begun today on Uplay, and Ubisoft has made it easy to start the download and join in.

Recent Comments

%d bloggers like this: