Kim, Khloe, and Kourtney Kardashian could be looking to lose upwards of $190 million after an investment company is claiming that they failed to successfully promote their makeup line, Kardashian Beauty.
According to TMZ, who obtained the court documents, the Kardashian sisters are being sued by Hillair Capital Management. The investment company is looking for what could be close to $200 million from the Keeping Up with the Kardashians reality stars.
The site is reporting that Hillair Capital Management previously paid upwards of $10 million in an attempt to save the Kardashian sister’s makeup line, Kardashian Beauty, after “their former business partner went belly up” back in 2012, according to TMZ.
The company is claiming in the alleged lawsuit obtained by the site this week that the Kardashian clan failed to promote Kardashian Beauty successfully, particularly on social media, and is now looking for Kim, Khloe, and Kourtney to pay back a serious chunk of cash as a result.
TMZ is claiming that Hillair Capital Management is looking for the Kardashian sisters to pay back the $10 million the company originally invested in Kardashian Beauty and is also looking to receive the hundreds of millions the business venture could have brought in had Kim, Khloe, and Kourtney had actually promoted the beauty line.
That could mean the Kardashian sisters may be at the risk of losing another $180 million in the new suit, bringing the lawsuit total to a possible loss of a huge $190 million for Kim, Khloe, and Kourtney.
But while the Kardashian sisters have yet to speak out about Hillair Capital Management’s claim, Kim hasn’t exactly been shy about the fact she’s been pulling in millions of dollars from her various other business ventures over the past few months.
On March 8, Kim boasted on Twitter that she had raked in a whopping $80 million for her video game app, Kim Kardashian: Hollywood, and revealed that she was also dropping pretty serious cash in order to cover husband Kanye West’s alleged $53 million debt.
“Sorry I’m late to the party guys,” Kim told her more than 42 million Twitter followers on the social media site earlier this month, revealing that she was “busy cashing my 80 million video game check & transferring 53 million into our joint account.”
People also confirmed that Kim and Kanye aren’t exactly strapped for cash after revealing that Kardashian and West were “sparing no expense” and spending millions on building their new Hollywood Hills mansion.
“They both make a ton of money but they also spend a ton. And they are sparing no expense with their new house,” People’s insider revealed of Kardashian’s new home in February, admitting that Kim was even splashing the cash on luxury items including “$20,000 fixtures” and “the perfect flooring” for the family’s new California pad.
“The costs have been endless,” People’s source continued of Kim’s new home.
Weeks before, the Sun claimed that Kim and Kanye were even dropping more than $100,000 on a new playhouse for their daughter, North West.
A Kardashian insider told the Sun earlier this week that North’s home away from home will have all the luxuries of her parent’s uber-extravagant state of the art mansion, including “marble top kitchens and hardwood floors throughout.”
“It’s so big it is practically a house in its own right,” the Sun’s insider continued of Kardashian’s supposed six-figure extravagance for her daughter, revealing that the playhouse on Kim and Kanye’s new property will even have rooms “just for clothes and one for watching movies.”
What do you think of Hillair Capital Management’s multi-million dollar lawsuit against Kim, Khloe, and Kourtney Kardashian?
[Photo by Ethan Miller/Getty Images]