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Kim Kardashian's Beauty Biz Reaches Billion-Dollar Status with $200M Deal
Kim Kardashian's brand was just launched into another stratosphere of riches -- hitting the billion-dollar mark ... courtesy of a new deal with a very familiar beauty investor. Here's the scoop ... Kim's beauty business -- with a range of products from makeup to fragrances -- just received a massive influx of cash from cosmetic conglomerate Coty Inc., which forked out $200 million for a 20% stake in KKW's biz. Do the math and it all adds up -- Coty valued Kim's co. at $1 BILLION. We're told the deal is for a longterm strategic partnership to launch products in new beauty categories and expand across the globe from ... (full story)
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