Kim Kardashian is not only a big deal in the US but also a big deal around the world. She has a huge business empire, a lot of brand endorsement deals, fashion moments that turn heads, and scandals in her personal life.
As of November 15, 2022, Kim has a net worth of $1.8 billion, according to Forbes. The billionaire turned her TV show stardom into a huge empire by making Kim Kardashian: Hollywood, a mobile video game, KKW Beauty, a beauty line, and SKIMS, a brand of active shapewear.
Kim launched KKW Beauty in 2017. Parade says that the company made a huge $100 million in sales in its first year. This was followed by the 2019 release of SKIMS.
The next year, she sold 20% of her shares in KKW Beauty to Coty for USD 200 million. According to Harper’s Bazaar, the remaining 72% of her shares are worth a staggering USD 500 million. The richest member of the Kardashian-Jenner family now has a 225-million-dollar stake in SKIMS, according to the same source.
She also raised USD 240 million for SKIMS at the beginning of 2022. This gave SKIMS a valuation of nearly USD 3.2 billion.
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Kim Kardashian is a name that everyone has heard before. She is a reality TV star, social media influencer, model, and businesswoman. Her empire goes far beyond her family’s world-famous show, Keeping Up With The Kardashians. Kardashian has worked hard to build her brand and she has already amassed a significant net worth. Recently, she has made headlines due to the success of her two beauty and fashion companies – KKW Beauty and SKIMS.
According to Forbes, Kardashian’s net worth is approximately $350 million. Her success is due to a combination of her reality TV show, social media presence, and business ventures. However, the majority of her income comes from KKW Beauty and SKIMS.
KKW Beauty was launched in 2017, and it sells a range of makeup and skincare products. Kardashian has promoted her products through social media, and her followers have responded well to the brand. Sales for KKW Beauty were estimated to be around $100 million in 2020, and Kardashian owns 72% of the company. This means that she could have made around $72 million from KKW Beauty in 2020.
SKIMS, on the other hand, is Kardashian’s shapewear and loungewear company. It was launched in 2019 and has enjoyed a lot of success. SKIMS is known for its inclusive sizing – it caters to women of all shapes and sizes. Kardashian has said that she started the brand because she was frustrated at not being able to find shapewear that she liked. SKIMS has been received positively by customers and critics alike. The company has not disclosed its earnings yet, but it is estimated to be worth around $1.6 billion. Kardashian is the majority owner of the company, so she could have made millions from it since its launch.
In conclusion, Kim Kardashian’s net worth is largely thanks to her successful businesses – KKW Beauty and SKIMS. These companies have made her a lot of money, and they show no signs of slowing down. Kardashian’s savvy business mind has helped her to turn her fame into fortune. Her success serves as an inspiration to many people who want to make a name for themselves in the world of business.
