This article is about Kim Kardashian net worth and how it has changed over the years. It will also discuss what she does to maintain her wealth. Kim Kardashian West is an American reality television personality, model, entrepreneur, and spokesperson. She is one of the most famous as well as one of the richest celebrities on the planet. Kim Kardashian West’s net worth, as of this writing is $1.4 billion. As per Forbes, Kardashian West is worth over $1 billion. It bumped up from $780 million in October, largely thanks to two lucrative businesses KKW Beauty and Skims, along with contributions from reality television & endorsement deals as well as a number of smaller investments.
Where does Kim Kardashian Net worth come from?
Kim Kardashian West founded KKW Beauty in 2017. She did take pages from Kylie’s playbook, using a similar model that relied heavily on her social media reach & marketing. Her first launch, 300,000 contour kits, was sold out just within two hours. By 2018, the business expanded into eyeshadows, concealers, lipsticks, and fragrances, and was bagging about $100 million in revenue. Kim banked in some of her company last year when she sold 20% of KKW Beauty to cosmetics conglomerate, Coty, for $200 million. A deal that evaluated the company at $1 billion.
Then comes Skims, the shape wear line Kardashian West launched in 2019. Kim raised money from fashion professionals like Net-a-Porter’s Natalie Massane and Theory’s Andrew Rosen. She also utilized her gargantuan social media following to shill the brand. During the pandemic, while consumers tilted towards comfy clothes for the couch than in smoothing their stomachs under evening gowns, she swiftly started to turn the ship towards loungewear. Skim hasn’t disclosed its revenues, however, what is clear is that Kardashian West owns a majority stake.
Forbes estimates her stake Skims to be worth a modest estimate of $225 million, which is good enough to bump her fortune to the $1 billion realms. The rest of Kardashian West’s fortune sits in the form of cash and investments, including real estate. Every year since 2012, Kim has earned at least $10 million pretax, as per Forbes. She’s got 3 properties in Calabasas, northwest of Los Angeles, paychecks from Keeping Up With the Kardashians, endorsement deals, and endeavors. She also has a portfolio of blue-chip investments, including shares of Disney, Amazon, Netflix, and Adidas that her soon-to-be ex-husband Kanye West gifted her for Christmas in 2017.
The fortune she built is largely thanks to the business she launched herself and grown with the typical Kardashian dazzle, that landed her on the World’s Billionaires list. As she made the cover of Forbes, she mocked her constant critics by saying “Not bad for a girl with no talent.”