Forbes has refuted claims that Kim Kardashian is a billionaire after multinational beauty company Coty acquired a 20 per cent stake in her KKW Beauty for $200 million.
According to Forbes, the 39-year-old reality star isn’t actually a billionaire yet but she is worth about $900million after inking the deal.
This is coming two days after Kanye West had celebrated his wife’s billionaire status on his Twitter page.
“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,” the rapper tweeted along with a found-art photo featuring a green tomato, a tomatillo, a cherry tomato, some lavender and other flowers, all arranged on the ground.
Now Forbes reports that the deal which is set to close in the third fiscal quarter of 2021…
Source: Guardian Newspaper