“Kim Kardashian Flaunts Her Billionaire Status with Latest Skims Range Promotion and KKW Brand Success”

Earlier this week, Kim Kardashian became a billionaire with the valuation of her KKW Beauty brand reaching $1 billion due to a deal with Coty Inc. However, she continued to work hard on Tuesday by promoting her other thriving business, Skims, on social media.

In her latest photoshoot, the 39-year-old celebrity was seen posing in just a tank top and underwear against a plain wall. She announced the release of her new @skims collection, which she claims is the smoothest yet. These soft and smooth Summer basics are designed to be worn both indoors and out. The price tag for Kim’s ɴuᴅᴇ colored top is set at $42 while the accompanying brief costs $26, exclusive of taxes and fees.

For the photo shoot at home, the mother of four spiced up her already teased brunette hair with some extensions. To maintain her signature look, she kept her makeup to a minimum with contoured cheeks, a smokey eye, and a luscious nude lip.

Kim made a recent post after achieving billionaire status on Tuesday when she sold a 20 percent stake of her KKW Beauty brand for $200 million to Coty Inc. Interestingly, Coty also acquired a 51 percent stake in Kylie Jenner’s company for $600 million last year. Forbes had previously dubbed Kylie, who is 22-years-old, as a “self-made billionaire” in 2019 and 2020.

Recently, Kim was stripped of her title and accused of exaggerating business figures and falsifying tax returns. The accusation claimed that her net worth is only around $950 million. Nevertheless, Kim’s recent deal involves a long-term strategic partnership to introduce products in new beauty categories and expand globally from top to bottom. TMZ reported this exciting news.

According to reports, Coty is a licensee for various beauty products such as skin, hair, personal care, and nail products. The deal between Kim and her team with Coty has been in the works for several months.

In an interview with TMZ on Tuesday, she expressed her excitement for the upcoming partnership with Coty. She mentioned that this collaboration would enable her to concentrate on the creative aspects of her work, which she is very enthusiastic about. Additionally, she explained that she looks forward to leveraging Coty’s fantastic resources to launch her products globally.

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