Kanye congratulates his wife after selling a share of beauty brand

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Kanye West is proud of his wife, after Kim Kardashian West sold a stake in her cosmetics brand to Coty for $200 million.

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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.

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