Kim Kardashian Becomes A Billionaire After Selling 20 Percent In KKW Beauty

Kim Karshadian West has joined her rapper/fashion designer husband, Kanye West, in the billionaire's club following the sale of a twenty percent stake in her cosmetics business, KKW, to another giant beauty company Coty. 

The mother-of-four is understood to have raked in $200million from the transaction with the company that was also involved in the buying of $600m stake in her sibling's Kylie Jenner's cosmetic brand in November last year. 

However, it is not really that the model and reality show star's net worth is valued at exactly a billionaire and above but that the $200m made from the stake sales, brings her overall valuation to an inch close having been estimated to worth $900m according to Forbes - her company is actually valued at a billion dollars.  

Her husband, Kanye, who just signed a ten-year deal with GAP with an option to extend for another five years, is valued to be a billionaire with a net worth of $1.3billion - the rapper/designer made most of his income from his Yeezy footwear and clothing line. 

Ye congratulated his wife for the milestone reached in wealth making in a tweet on Tuesday as he wrote, "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 deal struck between GAP and Kanye's Yeezy clothing line will see both parties form a common front 'GAP-Yeezy Line' which is scheduled to enter the market in 2021. GAP has a projection of an annual revenue generation of a billion-dollar from the line which is aimed at attracting a new generation of customers to the clothing line.