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Kim Kardashian is officially a billionaire

Kim Kardashian is officially a billionaire

Kim Kardashian

Kim Kardashian is officially a billionaire, following the success of her businesses Skims and KKW Beauty.

According to Forbes, Kardashian founded KKW Beauty in 2017 and in 2020 sold 20% of her cosmetics company to Coty for $200 million, which valued the company at $1 billion.

Forbes estimated that Kardashian’s remaining 72% stake in the company is worth around $500 million.

She then launched Skims in 2019, which focuses on shape and loungewear for women.

Kim Kardashian attends Tiffany & Co. Celebrates 2018 Tiffany Blue Book Collection, THE FOUR SEASONS OF TIFFANY - Inside
Kim Kardashian attends Tiffany & Co. Celebrates 2018 Tiffany Blue Book Collection, THE FOUR SEASONS OF TIFFANY at Studio 525 on October 9, 2018 in New York City. (Photo by Getty Images)

Kardashian owns a majority stake in the company which Forbes valued at north of $500 million. During the pandemic, she’s capitalized on work from home attire.

Besides her growing businesses, Kardashian also pulls in cash from her reality TV show Keeping Up With the Kardashians — at least $10 million pretax since 2021, according to the outlet.

She also has endorsement deals, social media sponsorships (Kardashian has 69.6 million Twitter followers and 213 million Instagram followers), multiple properties, video games, and investments in Disney, Amazon, Netflix, and Adidas.

The Kar-Jenner family also includes two other reported billionaires: Kardashian’s husband musician Kanye West and Kardashian’s sister Kylie Jenner from her makeup company and social media empire.

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