According to Forbes’s new annual ranking, the American television star is worth $ 1 billion from her makeup and body-shaping clothing businesses, KKW Beauty and Skims.
American television star Kim Kardashian made a fortune of $ 1 billion through her makeup and body-shaping clothing businesses, KKW Beauty and Skims, Forbes magazine reported. The publication, which lists the richest people in the world, indicated that the most famous of the Kardashian sisters, 40, debuted in the ranking of billionaires also thanks to the income derived from their advertising deals investments in real estate.
In October 2020, Forbes had estimated that the capital of the reality star “Keeping Up With The Kardashians” amounted to 780 million dollars. Since then, it has increased her fortune to the round figure of 1 billion dollars.
The media created KKW Beauty in 2017, following in the footsteps of her stepsister Kylie Jenner and last year, she sold 20% to the cosmetics conglomerate Coty for about $ 200 million. The magazine estimates that the remaining 72% stake is about $ 500 million, while Skims’s is about $ 225 million.
“This is the first time that I have stopped having licensing agreements and become an owner,” Kardashian West told Forbes in 2017 when it announced its cosmetics line.
Every year since 2012, he has made at least $ 10 million, by Forbes tallying, thanks to “Keeping Up With the Kardashians” paychecks and endorsement deals. She also has three properties in Calabasas, northwest of Los Angeles, and a top-tier investment portfolio, including Disney, Amazon, Netflix, and Adidas stocks that her future ex-husband Kanye West gifted her for Christmas in 2017.
Kardashian also has cash assets, investments, and real estate. And although the clan’s long-running show on channel E! is about to end, the new agreement with Hulu to create content will allow you to continue to increase your bank account.
A minor celebrity when “Keeping Up With the Kardashians” launched in October 2007, Kim Kardashian became a global star thanks to this reality show, on which, with the help of her mother, Kris Jenner, she built an empire. He has more than 200 million followers on his Instagram profile.
Kardashian West filed for divorce from the rapper and father of her four children, Kanye West, in February, citing irreconcilable differences after months of speculation about a possible separation. A red carpet and parade attraction, “Kimye,” as the power couple was nicknamed, was a rallying cry at any event she attended.
The musician had already joined Forbes’ prestigious list of billionaires in April 2020, with an estimated $ 1.8 billion fortune generated by his Yeezy sneaker business and music career.
She is not the first member of the Kardashian clan to be recognized by the publication, as in 2019, her stepsister Kylie Jenner was named the youngest “self-made” billionaire in the world thanks to her Kylie Cosmetics business, although the title was rectified.
Shortly afterward, Forbes made it clear that some figures had been blown up.