Kim Kardashian Officially Becomes A Billionaire

Kim Kardashian Officially Becomes A Billionaire


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oi-Sanyukta Thakare

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A
decade
after
garnering
fame
through
her
reality
TV
show,

Keeping
Up
With
The
Kardashians,

Kim
Kardashian
has
become
a
billionaire.
According
to
Forbes,
Kim’s
wealth
rose
from
$780
million
in
October
2020
to
$1
billion
due
to
her
investment
in
companies
like
KKW
Beauty
and
SKIMS.

kim kardashian,

The
Forbes
report
also
credited
some
of
her
other
income
sources
like
“cash
from
reality
television
and
endorsement
deals,
and
a
number
of
smaller
investments”.
While
SKIMS
reportedly
“hasn’t
disclosed
its
revenues”,
the
magazine
estimates
the
company’s
value
at
“north
of
$500
million.”

On
the
other
hand,
back
in
2020,
Kim
sold
20%
of
KKW
Beauty
to
cosmetics
conglomerate
Coty
for
$200
million
which
brought
the
company’s
value
to
$1
billion.
Forbes
had
claimed
that
the
estimate
“is
a
little
bloated” but
reported
that
Kim’s
remaining
stake
in
KKW
is
worth
about
$500
million.

Kim
is
currently
the
only
addition
to
the
Forbes’
World
Billionaire
list
from
the
KarJenner
empire.
Last
year
in
late-April
2020,
Forbes
had
accused
Kylie
and
her
team
of
lying
about
her
business
to
make
her
look
richer
than
she
is.
In
2019,
Forbes
had
deemed
Kylie
Jenner
as
“world’s
youngest
self-made
billionaire.”
However,
the
magazine
has
now
estimated
Kylie’s
net
worth
at
$900
million.

On
the
other
hand,
Kim’s
soon-to-be
ex-husband
Kanye
West
is
also
on
the
Forbes’ World
Billionaire
list
with
a
net
worth
of
estimated
$1.8
billion.
Meanwhile,
based
on
projected
future
earnings
of
Ye’s
Yeezy
deal
with
Gap,
West
could
become
the
“richest
Black
person
in
America”
with
a
net
worth
of
$6.6
billion.

Kim
recently
has
been
making
headlines
for
her
divorce
from
rapper
Kanye
West
after
seven
years
of
marriage.
The
two
have
four
children,
North
West,
Psalm
West,
Chicago
West
and
Saint
West.

ALSO
READ:

Kim
Kardashian
&
Kanye
West
Are
Moving
On
Post
Divorce;
Kim
Is
Focusing
On
Herself
And
Her
Four
Kids

ALSO
READ:

Kanye
West’s
Net
Worth
Jumps
To
.6
Billion:
Report



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