- Kim Kardashian simply offered a 20% stake in her magnificence firm to Coty.
- She’s wealthy, however opposite to what Kanye West says, she’s not a billionaire.
- Why does Kanye appear so determined for Kim to be part of him on the billionaires record?
You’ll be able to inform Kylie Jenner and Kanye West to transfer over as a result of there’s a new billionaire within the household.
Or is there?
Is Kim Kardashian a Billionaire? Not So Quick…
Kim Kardashian West has offered a minority stake in her magnificence model to Coty for over $200 million. Underneath this new partnership, Coty will personal 20% of KKW Magnificence.
“With Kim’s affect and our deep experience in status magnificence, we are going to construct a magnificence powerhouse and enter new magnificence classes collectively.” the model wrote on an Instagram publish.
Nobody was prouder of Kim than her husband, Kanye West. West rushed to Twitter to congratulate her on “formally turning into a billionaire.”
“I’m so pleased with my stunning spouse Kim Kardashian West for formally turning into a billionaire,” West tweeted. “You’ve weathered the craziest storms, and now God is shining on you and our household. So blessed, that is nonetheless life. So I made you this nonetheless life. We love you a lot.”
There’s only one downside. Forbes says Kim’s not really a billionaire – but. She’s shut, with a new internet value of an estimated $900 million.
That locations her neck-and-neck along with her sister, Kylie Jenner.
Forbes named Kylie the “youngest self-made billionaire” in 2019, however they infamously revoked her title in Could as a result of they claimed she is value “slightly below $900 million.” Forbes denounced her declare, accusing the 22-year-old of her boosting her wealth and doctoring her monetary data.
All of this raises two attention-grabbing questions. Is this the beginning of a new intra-Kardashian rivalry? And the place does Kanye slot in?
Let’s take a look.
A Kanye West-Kylie Jenner Rivalry within the Making?
There is one member of the Kardashian prolonged household with a confirmed billionaire standing: Kanye West.
Kanye is “formally” value $1.26 billion, in accordance to paperwork he gave Forbes. After all, he disputed the journal’s findings, claiming he’s value $three.33 billion.
And he’s in all probability livid that his sister-in-law Kylie Jenner was featured on the publication’s annual World’s Billionaires record – regardless of not really being a billionaire – whereas he was excluded.
Was his tweet a untimely jab at Kylie for dropping a spot within the Kardashian internet value rankings? Is it proof he’s holding a grudge?
Kanye all the time bloats about his life. Sure, he’s already a billionaire, however that doesn’t imply he can’t be a Gold Digger too.
He does appear fairly determined to see Kim Kardashian’s internet value hit that tenth digit…
Disclaimer: The opinions expressed on this article don’t essentially replicate the views of CCN.com.