Kim Kardashian is finishing her Keeping Up With the Kardashians reign as a billionaire, as Forbes gave her that coveted title. One year after her estranged ex-husband demanded that Forbes credit him for being a billionaire, Kim has joined Kanye West in the prestigious billionaire’s club. Her billionaire status comes one month after Kanye’s net worth reportedly jumped to $6.6 billion via the success of his wildly popular Yeezy brand.
Over the course of KUWTK‘s 20-season run, Kim and her famous family members have expanded their business portfolio. It now includes a host of business endeavors. Kim launched her beauty brand KKW Beauty. Then, after getting inspired by her rap/fashion mogul husband, she launched her SKIMS shapewear collection. Kim’s SKIMS line is reminiscent of the Yeezy brand. It features similar tones and patterns. The Yeezy look was something that the “Stronger” rapper Kanye made more iconic throughout each Yeezy collection. At the time of their divorce, Kanye’s stake in SKIMS came to light, as the couple worked to divide their assets. Newly single, Kim is richer than ever, and Kanye’s net worth has also increased.
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On Tuesday, Kim made the headlines after she was finally named a billionaire all on her own. Forbes announced Kim’s induction into the World’s Billionaire list for the first time in her career. Last year, she inched closer with her $780 million net worth. After signing a $200 million deal with Coty cosmetics, the value of KKW Beauty jumped to $1 billion. Kim launched the company in 2017 after seeing the success of her little sister’s cosmetics brand, Kylie Cosmetics. “It’s the first time I’ve moved away from having licensing deals and transitioned into being an owner,” Kim revealed at the time. Kim’s net worth has been growing steadily over the years.
Kim launched her shapewear company SKIMS in 2019 and began to offer more SKIMS loungewear attire during the pandemic, as many women were spending more time at home. The reality star has a $220 million stake in the company. Kim previously opened up about how involved Kanye was with her SKIMS brand. “He’s actually had a huge input on the messaging of it, the photographers to use, model castings and messaging,” she explained. “He’s always been really involved in my brands and just anything that I personally work on. I love having that person I can bounce ideas off of.” When it comes to her earnings from reality television, Kim has reportedly been earning $10 million a year from KUWTK since 2012.
Kylie’s billionaire status has been disputed by Forbes but Kylie may be named a bona fide billionaire in the future. Now, Kim from Keeping Up with the Kardashians joins her estranged ex-husband in the billionaire celebs’ club. Meanwhile, Kanye has reportedly initiated a zero contact policy with Kim. He only allows her to contact him through his security. Despite the divorce, Kim is hitting new strides in her career, and her soaring net worth is proof of that.
Source: Forbes
