A Dream Come True – Kim Kardashian Debuts on Forbes Billionaires ListBy Amanda Cooper
The saying, why fit in when you were born to stand out suits Kim Kardashian perfectly!
From gaining popularity as a friend and stylist to Paris Hilton to becoming a household name with the reality TV show Keeping Up With The Kardashians, Kim has several accomplishments to her name.
But that’s not why she’s making headlines lately. This time, the beautiful actress cum businesswoman is all over the news for making it to the 2021 Forbes Billionaires list. Don’t rub your eyes; you read it correctly!
Here’s a quick look at Kim Kardashian’s net worth and sources of income.
Kardashian reaches another milestone
On April 6, 2021, Forbes released its list of billionaires for the year. At the top, quite expectedly, was Amazon CEO Jeff Bezos, followed by Tesla and SpaceX CEO Elon Musk. The list continued to name a few other familiar faces like Bernard Arnault & family, Bill Gates, and Mark Zuckerberg. Though it came somewhere around the 2500th position, Kim Kardashian’s name indeed was on the list, and boy, was it a sweet surprise!
With a net worth of $1 billion, Kardashian made her first appearance on the list. According to Forbes, she’d made a large part of that money from SKIMS and KKW Beauty. Additionally, she earned a good amount from KUWTK, her endorsements, and some of her investments.
A quick look at her journey
Though her career began in 2003, Kim entered the corporate world in 2017 by launching KKW Beauty. When she saw her younger sister Kylie Jenner earning a fortune out of Kylie Cosmetics, she decided to take her chances. The model followed a similar strategy as Jenner and marketed her products all over social media platforms.
Her first product sold over 300,000 units in a short span of two hours! Seeing so much love from the public, she diversified by 2018, and further down the line, earned $100 million from the company. In 2020, when she sold a 20% stake of KKW Beauty to Coty, she gained another $200 million.
In 2019, she founded a shapewear line named SKIMS. Raising money from fashion geeks like Andrew Rosen (Theory Inc.’s CEO) and Natalie Massenet (Net-a-Porter’s founder), Kardashian transformed her brand into a huge hit. As per sources, the company is worth more than $500 million today, with Kardashian’s stake standing at around $225 million.
Apart from these two flourishing businesses, since 2012, Kardashian has been earning at least $10 million from the show KUWTK. She also made a $51 million profit from the mobile game Kim Kardashian: Hollywood.
The 40-year-old even has three awe-inspiring properties in Calabasas and northwest of Los Angeles. On top of that, she has shares of well-established firms like Amazon, Adidas, Netflix, and Disney.
With so many successful ventures and investments, it’s no surprise at all that she featured on Forbes. Don’t you agree?