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Kim Kardashian reaches billionaire status thanks to Coty deal

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Kim Kardashian West is now a billionaire
Kim Kardashian West is now a billionaire

Kim Kardashian is officially a Billionaire after Coty has snapped up a 20 percent stake in Kim’s beauty line KKW for $200-million.

Coty bought a 51 percent share of Kim's sister Kylie's company Kylie Cosmetics last year for £485m, valuing the company slightly higher than Kardashian West’s at £970m.

Kanye took to social media to congratulate his wife, telling her that she has weathered the craziest storms and now God is shining on their family.

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