With KKW Beauty và popular shapewear firm Skims, Kardashian West’s net worth increases khổng lồ $1 billion, earning her a spot on stamboom-boden.com’ World’s Billionaires List.
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When Kyên Kardashian West was first mentioned in the pages of stamboom-boden.com in 2011, it was simply a tally of her Twitter followers: 6.6 million, just below Baraông chồng Obama & just above Ashton Kutcher. Five sầu years later, she graced the cover of stamboom-boden.com thanks to lớn her booming điện thoại game, which helped her earn $51 million that year. Now, she officially joins the World’s Billionaires các mục for the first time.
stamboom-boden.com estimates that Kardashian West is now worth $1 billion, up from $780 million in October, thanks khổng lồ two lucrative businesses—KKW Beauty & Skims—as well as cash from reality television & endorsement giao dịch, & a number of smaller investments.
Kardashian West founded KKW Beauty in 2017, following the success of her half-sister Kylie Jenner’s Kylie Cosmetics. She borrowed from Kylie’s playbook, using a similar direct-to-consumer model that relies heavily on social truyền thông media marketing. Her first launch, 300,000 contour kits, sold out within two hours. By 2018, the business had expanded into lớn eyeshadows, concealers, lipsticks and fragrances, & was bringing in about $100 million in revenue.
"It’s the first time I"ve sầu moved away from having licensing deals và transitioned inkhổng lồ being an owner," Kardashian West told stamboom-boden.com in 2017, when she announced her cosmetics line.
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She cashed in on that ownership last year when she sold 20% of KKW Beauty to lớn cosmetics conglomerate Coty for $200 million, a khuyễn mãi giảm giá that valued the company at $1 billion. While stamboom-boden.com estimates that figure is a little bloated—Coty, which also bought 51% of Kylie Cosmetics in 20đôi mươi, is known for overpaying—her remaining 72% stake is still worth about $500 million, by our count.
Then there’s Skims, the shapewear line Kardashian West launched in 2019. She raised money from fashion insiders lượt thích Net-a-Porter’s Natalie Massane và Theory’s Andrew Rosen, & capitalized on her massive social truyền thông following lớn shill the br&. (She now has 69.6 million Twitter followers and 213 million followers on Instagram.) Skims has been quichồng on its feet: During the pandemic, when consumers became more interested in comfy clothes for the couch than in smoothing their stomachs under evening gowns, she swiftly started turning the focus to lớn loungewear.
Kardashian West owns a majority stake in closely-held Skims, which hasn’t disclosed its revenues. A source familiar with Skims told stamboom-boden.com about a transaction that values the shapewear company north of $500 million. As a result, stamboom-boden.com estimates her Skims stake is worth a conservative $225 million, enough to lớn lift her fortune khổng lồ $1 billion.
The rest of Kardashian West’s fortune sits in cash and investments, including real estate. Every year since 2012, she has earned at least $10 million pretax, by stamboom-boden.com’ count, thanks lớn paychecks from Keeping Up With the Kardashians, endorsement giao dịch & endeavors lượt thích the aforementioned Smartphone game và her now-defunct Kimoji ứng dụng. She’s also got three properties in Calabasas, northwest of Los Angeles, & a portfolio of blue-chip investments, including shares of Disney, Amazon, Netflix & Adidas that her soon-to-be ex-husbvà Kanye West gifted her for Christmas in 2017.
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But it’s the companies that she has launched herself, and grown with the typical Kardashian flare for self-promotion, that lvà her on the World’s Billionaires các mục. As she tweeted the day she made the cover of stamboom-boden.com, mocking the criticism she’s received for years: “Not bad for a girl with no talent.”
I cover the intersection of Hollywood and money—that"s everything from truyền thông moguls to the highest-paid actors to lớn YouTube stars. When my reporting isn"t taking me to…Read More
I cover the intersection of Hollywood and money—that"s everything from media moguls to the highest-paid actors to YouTube stars. When my reporting isn"t taking me khổng lồ Hollywood restaurants và Atlanta"s movie lots, I"m writing about the world"s richest, including billionaires & self-made women entrepreneurs. Prior lớn stamboom-boden.com, I wrote about media, food & education for the Thủ đô New York Obhệ thống, & about the New York shopping scene for Racked. Follow me on Twitter
MadelinePBerg. Have sầu tips? Skết thúc them to me anonymously at stamboom-boden.com/tips, and submit sensitive documents anonymously & securely at SafeSource.stamboom-boden.com.
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