Kim Kardashian West Is Officially A Billionaire
Kim Kardashian is officially a billionaire, according to Forbes’ most recent calculations following in the footsteps of her younger sister Kylie and estranged husband Kanye West.
Kim’s net worth is now $1billion after growing her business empire over the last few years with her shapewear line Skims.
The outlet estimated that the reality TV queen turned social media mogul turned businesswoman is now worth $1 billion, up from her former net worth estimate of $780 million in October.
Kim Kardashian West Is Officially A Billionaire
The 40-year-old made the jump to the coveted list because of two of her last business ventures: KKW Beauty and Skims.
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.
Kim’s career began as a socialite and celebrity stylist before she and her family became reality TV stars thanks in part to a sex tape she made with the rapper Ray J.
She and the rest of the family have since capitalized on the fame to build a behemoth brand.
Kim Kardashian West Is Officially A Billionaire
Her business portfolio includes KKW Beauty, KKW Fragrance, Skims, personalized emojis called Kimojis and a virtual reality game based on her life.
She also earns enormous sums through social media endorsements and has profited from ad campaigns in the past.
Kim launched Skims in 2019 with $5million in funding from VC firm Imaginary Ventures.
Source:Forbes