Kim Kardashian West's KKW cosmetics line valued at $1 billion

Babes, it’s safe to say Kim K is working her way to a billi just like Kanye and Kylie. After buying Kylie Jenner's cosmetic brand last January, Coty (COTY) announced on Monday that it would acquire a 20% stake in KKW, Kim Kardashian West's cosmetics line, for $200 million. The deal values KKW at $1 billion — slightly less than the $1.2 billion valuation of Jenner's company, Kylie Cosmetics.

With this agreement, Kardashian-West would retain creative control of the company, while leveraging her 300 million+ social media followers for "products and communications initiatives."

"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," Kardashian West said.