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Kim Kardashian reaches billion-dollar status

19:21, June 29

Instagram star Kim Kardashian West has reached a billion-dollar status with a $200 million deal, TMZ reported

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Beauty giant Coty now owns 20% of Kim Kardashian's KKW Beauty.

According to TMZ, Kardashian told them: "This relationship will allow me to focus on the creative elements that I'm so passionate about while benefiting from the incredible resources of Coty, and launching my products around the world."

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Earlier, Seed Beauty, cosmetics manufacturer, filed a civil lawsuit in California's superior court against KKW Beauty, seeking protection of Seed's trade secrets.

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