This archive report was first published on 30 June 2020.
June 30, 2020, marked a significant milestone for Kim Kardashian, as she officially became a billionaire. The achievement was made possible after Coty acquired a 20% stake in Kim's KKW Beauty for $200 million, valuing the cosmetics and fragrance line at $1 billion.
Kim's husband, Kanye West, celebrated her success with a heartfelt message, expressing his pride and love for his wife. 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.'
While many might have expected a grand gesture, Kanye stuck to his unique style, gifting Kim a humble present consisting of a hoho, a tomato, and a couple of flowers. The photo of the gift has been shared online, giving fans a glimpse into the couple's special moment.
According to Forbes, Kim's billionaire status was made possible by selling a stake in her cosmetics firm. Meanwhile, Kanye's $1.3 billion fortune is largely attributed to his successful Yeezy brand, which includes a significant amount of real estate, a car collection, and livestock.
