Kim Kardashian West Is Officially A Billionaire

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Jamel Toppin for 10kiem.vn

With KKW Beauty và popular shapewear firm Skims, Kardashian West’s net worth increases khổng lồ $1 billion, earning her a spot on 10kiem.vn’ World’s Billionaires List.

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When Kim Kardashian West was first mentioned in the pages of 10kiem.vn in 2011, it was simply a tally of her Twitter followers: 6.6 million, just below Barack Obama và just above Ashton Kutcher. Five years later, she graced the cover of 10kiem.vn thanks khổng lồ her booming mobile game, which helped her earn $51 million that year. Now, she officially joins the World’s Billionaires danh mục for the first time.

10kiem.vn estimates that Kardashian West is now worth $1 billion, up from $780 million in October, thanks to two lucrative businesses—KKW Beauty & Skims—as well as cash from reality television and endorsement deals, & 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 mã sản phẩm that relies heavily on social truyền thông marketing. Her first launch, 300,000 contour kits, sold out within two hours. By 2018, the business had expanded into eyeshadows, concealers, lipsticks & fragrances, và was bringing in about $100 million in revenue.

"It’s the first time I"ve moved away from having licensing deals and transitioned into being an owner," Kardashian West told 10kiem.vn 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 khổng lồ cosmetics conglomerate Coty for $200 million, a deal that valued the company at $1 billion. While 10kiem.vn estimates that figure is a little bloated—Coty, which also bought 51% of Kylie Cosmetics in 2020, 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 like Net-a-Porter’s Natalie Massane and Theory’s Andrew Rosen, & capitalized on her massive social media following to lớn shill the brand. (She now has 69.6 million Twitter followers và 213 million followers on Instagram.) Skims has been quick 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 lớn loungewear.

Kardashian West owns a majority stake in closely-held Skims, which hasn’t disclosed its revenues. A source familiar with Skims told 10kiem.vn about a transaction that values the shapewear company north of $500 million. As a result, 10kiem.vn estimates her Skims stake is worth a conservative $225 million, enough to lift her fortune to $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 10kiem.vn’ count, thanks to lớn paychecks from Keeping Up With the Kardashians, endorsement deals and endeavors lượt thích the aforementioned mobile game and her now-defunct Kimoji app. She’s also got three properties in Calabasas, northwest of Los Angeles, & a portfolio of blue-chip investments, including shares of Disney, Amazon, Netflix and Adidas that her soon-to-be ex-husband Kanye West gifted her for Christmas in 2017.

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But it’s the companies that she has launched herself, & grown with the typical Kardashian flare for self-promotion, that land her on the World’s Billionaires list. As she tweeted the day she made the cover of 10kiem.vn, mocking the criticism she’s received for years: “Not bad for a girl with no talent.”


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I cover the intersection of Hollywood và money—that"s everything from media moguls lớn the highest-paid actors lớn YouTube stars. When my reporting isn"t taking me to lớn Hollywood restaurants and Atlanta"s movie lots, I"m writing about the world"s richest, including billionaires và self-made women entrepreneurs. Prior to 10kiem.vn, I wrote about media, food & education for the thành phố new york Observer, và about the thủ đô new york shopping scene for Racked. Follow me on Twitter
MadelinePBerg. Have tips? Send them khổng lồ me anonymously at 10kiem.vn/tips, & submit sensitive documents anonymously và securely at SafeSource.10kiem.vn.