Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Kim Kardashian West Sells 20% Stake In Beauty Brand; Company Now Worth $1 Billion

by ErinBoogie
June 29, 2020
Reading Time: 1 min read
0
Kim Kardashian for KKW
Share on FacebookShare on Twitter

Coty Inc has agreed to buy 20% stake in Kim Kardashian West’s KKW makeup brand for $200 million, the Financial Times reported on Monday.

The deal values the cosmetic company at $1 billion, slightly less than the $1.2 billion valuation younger sister Kylie Jenner received when Coty bought a majority stake in her makeup and skincare company last year for $600 million.

The reality star launched her makeup company in 2017, two years after Jenner launched her popular makeup line.

Coty, which includes makeup mainstays CoverGirl and Max Factor, is looking to turn around lagging sales amid heavy debt and a recession caused by the coronavirus pandemic by bringing in the marketing powerhouse of the Kardashian/Jenner name. Coty’s shares dropped almost two-thirds since the start of the year but saw an increase of 9.8 cents after the deal, bringing the shares to $4.59 on Monday morning.

The deal now brings Kardashian’s net worth to a whopping $900 million, according to Forbes.

Kim Kardashian for KKW

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: CotyKim KardashianKKWKylie Jenner

Related Posts

Kai Cenat Cancels Stream with Kanye West After Controversial Tweets
News

Kai Cenat Looking To Take Legal Action To Secure Rights to “Streamer University” Before the Imitators Can

June 4, 2025

Kai Cenat isn’t letting anyone run off with his vision. The Twitch star is officially taking legal steps to secure...

NBA YoungBoy to Be Released from Prison In April, Three Months Earlier Than Expected
News

NBA YoungBoy Walks Free with Trump’s Help but Utah Officials Aren’t Letting It Slide

June 4, 2025

NBA YoungBoy just got a fresh start thanks to Donald Trump. The Louisiana rapper had his probation wiped clean after...

Alabama Pastor Accused of Pistol-Whipping Man and Robbing Him, Then Coming Back to Apologize
News

Alabama Pastor Accused of Pistol-Whipping Man and Robbing Him, Then Coming Back to Apologize

June 4, 2025

In a plot straight out of a Tyler Perry drama, an Alabama pastor is facing serious charges after what police...

Hurricane Ian Death Toll Rises; Most Florida Victims Died by Drowning 
News

Meteorologist John Morales Warns NWS Cuts Could Leave Florida in the Dark This Hurricane Season [Video]

June 4, 2025

When a respected voice in South Florida’s weather scene speaks up, you listen. And longtime meteorologist John Morales isn’t sugarcoating...

Next Post
Golden State Killer

Golden State Killer Pleads Guilty to 26 Rape and Murder Charges To Avoid Death Penalty

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d