Kim Kardashian is still making major strides amid her divorce from Kanye West, reaching billionaire status shortly after their split. On Tuesday (April 6) Forbes reported that Ms. Kim K’s net worth has skyrocketed to $1 billion within the last few months, making her an official member of the billionaire club.
Between Kim Kardashian’s cosmetic line KKW Beauty and shapewear company SKIMS, she has amassed much revenue. Shortly after the launch of KKW Beauty in 2017, the brand has been bringing in $100 million per year since its inception. Since October 2020, Ms. Kim K’s net worth jumped $220 million from a multitude of avenues which include KKW Beauty, SKIMS, smaller investments, cash from reality television and endorsement deals, according to Forbes.
Forbes further breaks down Kim K’s pockets, explaining how Kim Kardashian is an official billionaire. By Forbes calculations, Kim Kardashian made $200 million just last year by selling 20% of her beauty line KKW Beauty to cosmetic conglomerate Coty, leaving her remaining 72% stake worth $500 million. Although the revenues from Ms. Kim K’s SKIMS hasn’t been officially revealed, Forbes calculates that it’s most likely worth $225 million, pushing her net worth to $1 billion.
Alongside her businesses, Kim Kardashian has attained a great portion of her wealth from cash and investments in addition to real estate. Additionally, Kim Kardashian has also been raking a good $10 million per year since 2012 due to paychecks from “Keeping Up With Kardashians,” endorsement deals and her mobile game.
Kim Kardashian’s properties in Calabasas, CA, and shares of Disney, Amazon, Netflix and Adidas that her estranged husband Kanye West gifted to her back in 2017 also progressed her $1B.