Kim Kardashian, an iconic American reality TV star, entrepreneur, and social media influencer, has built a financial empire that has catapulted her to a staggering net worth of $1.7 billion. As one of the wealthiest and most recognizable celebrities globally, Kim’s fortune is derived from a diverse range of ventures, with significant contributions from her beauty line, KKW Beauty, and her shapewear brand, Skims.
Kim Kardashian Net Worth | $1.7 Billion |
Date of Birth | Oct 21, 1980 |
Place of Birth | Los Angeles |
Nationality | American |
Profession | Entrepreneur, Model, Actor, Businessperson, Fashion Designer, TV Personality, Television Producer |
The Rise of KKW Beauty
In 2017, Kim launched KKW Beauty, a direct-to-consumer cosmetics brand that quickly became a major player in the beauty industry, generating over $100 million in annual revenue. In June 2020, Coty Inc. acquired a 20% stake in the company for $200 million, valuing KKW Beauty at $1 billion. Following this deal, Kim retained a 72% stake, significantly boosting her net worth to $900 million.
The Skims Phenomenon
Kim ventured into the fashion industry with Skims, a shapewear brand, in 2019. After securing $5 million in funding from Imaginary Ventures, Skims experienced exponential growth. By 2023, the company achieved a valuation of $4 billion, following a $270 million funding round. Kim retains a one-third ownership stake in the brand, valued at approximately $1.32 billion. Skims reported revenues of $500 million in 2022 and projected $750 million for 2023, further solidifying Kim’s financial dominance.
Earnings Beyond Business Ventures
Kim’s annual income, ranging from $50 million to $80 million, stems from diverse sources, including endorsements, reality television, and sponsorships. Notably, her mobile game, Kim Kardashian: Hollywood, has generated $200 million in revenue, with Kim earning 28% of the proceeds.
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She also commands impressive fees for Instagram posts, earning between $300,000 and $1 million per post, thanks to her massive following of 359 million as of mid-2023.
Early Life and Fame
Born on October 21, 1980, in Los Angeles, Kim initially worked as a stylist for celebrities like Paris Hilton. She gained widespread attention following the release of a controversial tape and leveraged the publicity to star in Keeping Up with the Kardashians, one of the most successful reality TV shows of all time.
Kim’s family, including sisters Kourtney, Khloe, Kendall, and Kylie, has also played a pivotal role in her rise to stardom. Her mother, Kris Jenner, is credited with managing the family’s growing empire.
Real Estate Portfolio
Kim’s real estate investments further underscore her financial acumen. Highlights include:
- Hidden Hills Mansion: Purchased with Kanye West for $20 million in 2014, the property spans 7.5 acres and features luxury amenities such as two pools, a vineyard, and a basketball court.
- Malibu Estate: Acquired in 2022 for $70 million, this property once belonged to Cindy Crawford.
- Bel-Air Home: Bought for $9 million in 2013 and sold for $18 million in 2017 after extensive renovations.
Relationships and Personal Life
Kim has been married three times, most notably to music mogul Kanye West. The couple, who share four children, divorced in 2021 after seven years of marriage.
The Evolution of Wealth
Kim’s net worth milestones reflect her strategic business moves:
- 2009: $10 million
- 2015: $85 million
- 2020: $900 million (after the KKW Beauty deal)
- 2023: $1.7 billion (driven by Skims’ success)
Kim Kardashian Net Worth
Kim Kardashian net worth is $1.7 billion.
Kim Kardashian’s net worth by year | |
Year | Net Worth |
2009 | $10,000,000 |
2011 | $20,000,000 |
2013 | $40,000,000 |
2015 | $85,000,000 |
2017 | $150,000,000 |
2019 | $300,000,000 |
2020 | $900,000,000 |
2021 | $1,000,000,000 |
2022 | $1,100,000,000 |
2023 | $1,400,000,000 |
2024 | $1,700,000,000 |
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