ichaelkorsbillionaireMichael Kors and supe Karolina Kurkova. Image courtesy of @michaelkors on Instagram

Congrats to Michael Kors, who has officially reached billionaire status, according to
Forbes magazine. Yesterday, shares of his company rose more than 17 percent on the stock market. Translation: Ka-ching! Kors now joins the ranks of other billionaire fashion entrepreneurs like Tory Burch and Spanx’s Sara Blakely. Something tells us his show at New York Fashion Week next Wednesday will have an
extra celebratory tone.
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