Kim Kardashian is officially a billionaire. Forbes announced her inclusion on the World’s Billionaires list for the first time Tuesday, citing her two lucrative businesses, KKW Beauty and Skims, as well as cash from “Keeping Up With the Kardashians” and endorsement deals.
Kardashian’s worth increased from $780 million in October to $1 billion.
The E! reality star launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner’s makeup company, Kylie Cosmetics.
“It’s the first time I’ve moved away from having licensing deals and transitioned into being an owner,” Kardashian told Forbes in 2017, when she announced her cosmetics line.
Kardashian, 40, went on to sell 20 percent of KKW Beauty to Coty for $200 million, which put the value of her company at $1 billion.
She launched shapewear company Skims in 2019 and pivoted it to include loungewear during the pandemic when women started leaning into cozier clothing while being quarantined. She holds a majority stake in the company, which hasn’t disclosed its revenues, Forbes reported.
When she landed the cover of Forbes for the first time, she quipped, “Not bad for a girl with no talent.”
Net Worth: $1.8 Billion. According to a new report, Kanye worth around $1.8 billion from his music, his fashion line, and more. He was previously worth around $1.3 billion last year, but recently, when Yeezy partnered with Adidas AG and Gap Inc, his net worth grew.
Net worth: $10 million
Net worth: Around $45 million
Net worth: around $45 million
Net worth: Around $50 million
Net worth: $100 million
Net worth: Around $900 million. Kylie‘s fortune comes from her wildly successful makeup line. She was at one point considered a billionaire but Forbes took away that distinction from her. They even went as far as to accuse her of lying to make her seem like a billionaire.
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Kim Kardashian is officially a billionaire! Kim Kardashian is officially a billionaire