Kim Kardashian is known for her reality TV success, shapewear brand Skims, and beauty line KKW. She is globally recognized as a savvy businesswoman with a net worth of $1.8 billion. Kim expanded her professional roles by featuring in American Horror Story 2023. Kim Kardashian’s net worth and billionaire status are evidence of how skillful and successful she is in being an example for women worldwide. Read below to find out how she amassed this significant fortune.
As of 2022, Wikipedia estimated Kim’s net worth to be $1.8 billion. However, Forbes has estimated it at $1.7 billion. According to Forbes, Kim’s fortune is built on various professions. She rebranded her shapewear and apparel business as Skims in 2019 and expanded it from shapewear to loungewear. Skims’ value skyrocketed to $4 billion in 2023, with a massive share belonging to Kim. She also earned from reality TV, including the well-known show Keeping Up With the Kardashians and the subsequent Hulu series.
Kim Kardashian’s Shapewear Brand — Skims
According to Forbes, Kim Kardashian has amassed her wealth primarily from her successful shapewear and apparel brand, Skims. The brand was launched in 2019 and was initially called Kimono. Skims began with unique shapewear with special designs like asymmetrical shorts for outfits with thigh slits. The brand expanded with time, going beyond shapewear to include loungewear and basics. Forbes suggests that Kim Kardashian owns at least one-third of Skims. The recent $270 million funding round is estimated to have increased her net worth by approximately $500 million.
Kim Kardashian’s Family Reality Show — Keeping Up With Kardashians
The TV show aired for 20 seasons from 2007 to 2021. In 2017, The Hollywood Reporter mentioned anonymous sources claiming Kris Jenner and her daughters earned $4.3 million yearly from the show. The family renewed their contract with E! through 2020 for an amount rumored to be below $100 million. Later, they moved their reality TV to Hulu and switched the title to The Kardashians in March 2022. The Hulu deal is estimated to be nine figures, and all family members reportedly earn an equal salary.
Kim Kardashian’s Cosmetic and Skincare Line — KKW and SKKN
Kim Kardashian started her makeup brand, KKW Beauty, in 2017, mainly selling contouring kits. In 2020, the cosmetics company Coty purchased a 20% share of KKW for $200 million, putting the company’s value at $1 billion. In 2021, Kardashian closed KKW to introduce an entirely new brand. She launched SKKN by Kim, a skincare line with a complete nine-product collection priced at $575 in 2022.
Other Sources Kim Earned From
Kim invested in private equity with SKKY in 2022. Her successful mobile game Kim Kardashian: Hollywood and the Kimoji app also increased her earnings. More sources contributing to Kim’s fortune are real estate investments, a car collection, paid Instagram posts, and acting.
Bottom Line
All in all, Kim Kardashian cleverly turned her reality TV fame into a billion-dollar fortune. She mainly through her ownership in Skims, a shapewear business now valued at $4 billion after a 2023 funding round. Investors like Stephen Mandel, Daniel Sundheim, and Ivanka Trump’s brother-in-law Josh Kushner support Skims. In 2020, she sold a 20% stake in KKW Beauty for $200 million. Kim Kardashian’s net worth before marriage to Kanye West was $40 million. After the divorce in early 2022, they shared custody of Kim Kardashian’s children. Kardashian reportedly paid $23 million to keep their Hidden Hills mansion. If you want to watch other reality TV shows like Keeping Up with Kardashians, check out this blog about the best reality TV shows.