Kanye congratulates wife Kim Kardashian after selling a share of beauty brand
Coty will own 20 percent of KKW Beauty
Kanye West is proud of his wife, after Kim Kardashian West sold a stake in her cosmetics brand to Coty for $200 million.
Coty will own 20 percent of KKW Beauty.
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The deal gives the company a value of $1 billion.
Kanye expressed his pride and congratulations in a tweet.
While he says his wife is a billioniare, Forbes estimates Kardashian West's net worth at $900 million.
KYLIE JENNER UNLOADS $600M STAKE IN BEAUTY COMPANY
Coty also owns a 51 percent stake in the cosmetics company owned by Kardashian West's half-sister Kylie Jenner, which was sold for $600 million last year.