Updated 30th June 2020
And while Kylie is now an estimated 100 M short, elder stepsister Kim overtakes her, no doubt not helping easy any of the famed big badunk sibling rivalry:
And helped by Coty who, indeed just like the pop cultural pie it wants to ensure it has a manicured finger in, can‘t get enough of the Kardashians it seems despite that bad Kylie deal:
Kim Kardashian has reportedly become a billionaire after selling one fifth of her beauty brand, KKW Beauty, to French beauty giant Coty for $200 million.
Her KKW Beauty brand not to be confused with the buyout firm KKR that lent a net to catch Coty’s free falling stocks.
…Kim's latest deal values KKW Beauty at around $1 billion, meaning that the 39-year-old mother-of-four could be well surpassing the billion dollar mark thanks to her other bunnies ventures like Skims and Keeping Up With The Kardashians.
And regards that bad Kylie deal, it’s just not going away according to Celebsville’s barking town crier:
Kylie's beauty brand, King Kylie, has been sued by Seed Beauty -- the company she's done business with since 2016 to help produce her unique line of products -- and they're claiming a mega-deal she recently struck with huge beauty conglomerate, Coty, is going to leave give all Seed's valuable tricks of the trade to a competitor.
With Seed perhaps now sensing blood in the water and claiming Kylie’ company refused to sufficiently assure Seed it would protect their trade secrets leading up to that agreement, and for good measure filed a similar lawsuit against Kim’s company last week days before she struck the deal with Coty.
- Kylie Jenner dethroned as most-liked snap Insta-queen by an egg (Blog 14th January 2019)