In addition to being a reality TV star and model, Kim Kardashian is also a businesswoman and ambassador for various brands. She is one of the world’s most well-known and well-off celebrities. There is $1.4 billion in Kim Kardashian’s net worth. Each year, Kim makes between $50 and $80 million thanks to her multiple businesses and her empire. From June 2018 to June 2019, Kim made $72 million, and from June 2019 to June 2020 she earned $50 million from her different enterprises.
Many of Kim’s revenue comes from licensing and endorsement arrangements at one point in time. Kim Kardashian: Hollywood’s mobile game garnered a little amount in royalties for her. More than 60 million people downloaded the game, making $200 million in profit. To this day, Kim retains 28 percent of the app’s revenue. Beyond the app, Kim’s annual income is comprised primarily of brand endorsements and appearance fees. She is also compensated for her work on reality television and receives payment for sponsored posts on Instagram. Sears has her clothesline and a line of tanners.
Kim Kardashian’s net worth is largely based on her ownership shares in two firms, despite the fact that she has a large number of endorsement deals:-
- KKW Beauty is a range of beauty products sold directly to consumers.
- Shapewear manufacturer Skims.
The KKW Beauty Line was launched in 2017 and produces more than $100 million in gross revenue. For $200 million in June 2020, Kim sold a 20% stake in the KKW Beauty Line, valuing the entire firm at $1 billion. According to CNW’s calculations, Kim’s net worth has risen to $900 million as a result of the fundraising round.
Imaginary Ventures, a venture capital firm, invested $5 million in 2019 in her plan to establish Skims, a line of shapewear. A total of $154 million was invested in Skims at a valuation of $1.6 billion in 2021. Following the huge fundraising round, Kim remained the largest shareholder.
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a Brief Overview of Their Early Lives and Professional Success
Kim Kardashian was born in Los Angeles, California, on October 21, 1980. Robert Kardashian, Kim’s father, was a member of OJ Simpson’s legal team. Her real name is Kris Jenner, although she goes by Kris Kardashian. Kim got her start in the entertainment industry working as a stylist and assistant to celebrities. Her best friend, socialite Paris Hilton, was one of her first significant clients.
Sisters Kourtney and Khloe Kardashian, as well as mother Kris, and two half-sisters Kendall and Kylie, make up Kim Kardashian’s extended family. Bruce Jenner, the father of Kyle and Kendall, is a former Olympic athlete (now known as Caitlyn Jenner). Kim Kardashian has become one of the world’s most popular and successful celebrities in the previous decade. She is a real-life media tycoon who controls a hugely successful corporate empire. Her empire has grown to encompass her own makeup line, appearance fees for television and print campaigns for a variety of businesses (including a clothing line), as well as perfume and weight reduction products.
After the emergence of an infamous sex tape involving Kim and Ray J, she became a household name. Kim’s own reality program, Keeping up with the Kardashians, debuted on the E! network and quickly became a huge hit with viewers. As a result, Kim’s popularity has surged. She’s been in a slew of films, on countless magazine covers, and in a number of reality-based spinoffs.
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Kardashian has dated a few NFL stars, NBA players, and rappers throughout the years. Kris Humphries, an NBA player, proposed to her in 2011 and they married in 2013. 72 days later, the couple divorced. This wedding’s endorsements and TV rights brought Kim an estimated $18 million in earnings.
After a highly publicized romance and multiple appearances on Keeping Up with the Kardashians, Kim and music mogul Kanye West tied the knot. A year and a half after their nuptials on May 24, 2014, they welcomed their daughter North West into the world. They now have a family of three. When Kim filed for divorce from Kanye in 2021, it was on February 19, 2021.
More Facts about Kim Kardashian’s Net Worth
- Kim bought a $4.8 million Beverly Hills property in March of 2010. Five-bedroom Tuscan-style villa spread over four acres in some of the world’s priciest real estate is for sale.
- Kim’s salary on her reality program went from $15,000 to $500,000 in just a few short years.
- “Kourtney and Kim Take New York” taping took place in the Presidential Suite of the Ganesvoort Hotel for several weeks. The suite has a nightly rate of $7000.
- Kim wore a $2.5 million Lorraine Schwartz 65 carat brilliant diamond headdress, a $2 million 20.5 carat diamond engagement ring, and 28-carat diamond earrings worth $5 million at her wedding. On her big day, she wore a total of more than $10 million worth of jewelry. Not to mention the $150,000 she spent on her hair and make-up. ‘
- In 2014, she made $28 million.
- As a result of her $53 million 2015 salary, she became the world’s highest-paid celebrity for the first time.
- Since 2015, she has made between $50 million and $80 million annually.
History of Kim Kardashian’s Net Worth: In October 2009, we began tracking Kim’s net worth. We estimated her net worth at $10 million at the time. Her fortune has risen to $20 million by the year 2011. She has a net worth of $40 million as of January 2013. Kim’s fortunes skyrocketed over the next five years… in a positive way. Her net worth rose to $85 million in 2015, according to Forbes. By 2017, her fortune had more than doubled to $150 million. Kim Kardashian’s net worth is estimated to be $350 million as of April 2020.
On June 29, 2020, we announced that Coty Inc. had acquired a 20% share in KKW beauty for $200 million, bringing Kim’s net worth to $900 million. As a result of this transaction, the total brand now has a $1 billion market worth. After the $720 million sale, Kim kept a 72 percent interest.
On April 9, 2020, after learning that Skims had secured $154 million at a $1.6 billion valuation, we increased Kim’s net worth to $1.4 billion. She is widely considered to have a 50-60 percent stake in the company’s stock.
— Kim Kardashian (@KimKardashian) July 15, 2022
Kim paid $9 million for a house in Bel Air, Los Angeles, in 2013. While their Hidden Hills property was being created, she and Kanye made considerable renovations to their home. It was sold for $18 million in 2017 by Kim.
Kim has been living in a gated enclave in Hidden Hills, California, since August 2014. For a cool $20 million, Kim and Kanye snatched up the mansion from a doctor. Lisa Marie Presley sold the residence to the doctor in 2010 for $5 million dollars.
For the next two years, Kim and Kanye worked tirelessly to completely renovate their home. There was a problem with the final product in 2016 and they had to start over. They expanded their land holdings to 7.5 acres in two separate agreements in 2019. At the heart of the property is a sprawling estate with two swimming pools, two hot tubs, and a private vineyard.
They were forced to leave their home in 2018 when a wildfire came dangerously close. Fortunately, Kim and Kanye had an insurance policy that covered private firefighter coverage. Kim and Kanye’s property was saved, but the entire neighborhood was spared at their expense.
Kim paid Kanye $23 million in September 2021 to officially transfer ownership of the property to her. The inside furnishings of the house accounted for almost $3 million of that total.