Kim Kardashian Is A Billionaire!
It’s official – Kim Kardashian has reached billionaire status!
According to Forbes, Kim Kardashian is now a billionaire thanks to her success with KKW Beauty and shapewear line SKIMS. She’s also received cash from reality TV via E!’s Keeping Up With The Kardashians, endorsements, and small investments.
She recently sold 20% of KKW Beauty to beauty giant Coty for $200 million, reportedly bringing KKW Beauty’s value to $1 billion, which Forbes challenges. Instead, it says she still has a 72% stake in KKW which is worth $500 million.
Kim Kardashian also owns a majority stake in SKIMS. While the profit for the company hasn’t been made public, an insider told the publication that it’s worth about $500 million. Kim Kardashian’s stake is allegedly worth at least $225 million.
She’s also brought in $10 million pretax from KUWTK, endorsements, and her popular mobile game and Kimoji app. She has three properties in Calabasas, Calif., and investments in companies like Disney, Amazon, Netflix, and Adidas, which her now-estranged husband Kanye West gave her for Christmas back in 2017.
In October 2020, she was worth $780 million.
She’s the second in her family to reach the milestone as her sister Kylie Jenner, 23, was dubbed the youngest self-made billionaire in March 2019.
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