Kim Kardashian Net Worth | Celebrity Net Worth

What is Kim Kardashian's net worth?

Kim Kardashian is an American reality TV star, model, entrepreneur, and publicist with a net worth of $1.7 billion. Kim Kardashian is one of the most famous and richest celebrities on the planet. Kim earns from $50 million to $80 million annually due to his various endeavors and the growth of his empire.

Aside from her numerous endorsement deals, the majority of Kim Kardashian's net worth actually comes from stocks in two companies:

• KKW Beauty: Direct-to-consumer beauty product line.
• Skims: Shapewear company.

Launched in 2017, the KKW Beauty Line currently generates over $100 million in total revenue. In June 2020, Kim sold a 20% stake in KKW Beauty Line for $200 million, valuing the entire company at $1 billion. As a result of this funding round, Kim's net worth increased to $900 million, according to CNW estimates.

In 2019, she raised $5 million from venture capital firm Imaginary Ventures to launch a shapewear line called Skims. In 2021, Skims raised $154 million at a valuation of $1.6 billion. Even after a large funding round, Kim remained the majority owner. In 2022, Skims raised her funding at a valuation of $3.2 billion. In July 2023, Skims raised $270 million at a valuation of $4 billion. Skims is on track to earn $500 million in 2022 and $750 million in 2023, according to a report by Jens Grede, Kim's business partner. Even after the July 2023 funding round, Kim and Jens still control the majority of the company's shares. Kim and Jens are thought to together own a third of Skim. So, at a valuation of $4 billion, the paper value of these 1/3 stakes would be her $1.32 billion per piece. A funding round in July 2023 increased Kim Kardashian's net worth from $1.4 billion to $1.7 billion.

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Kim earned $72 million from various activities from June 2018 to June 2019, and then $50 million from June 2019 to June 2020. At one time, a large portion of Kim's annual income came from licensing and endorsement deals. For example, she earned a small fortune from royalties generated by her mobile game “Kim Her Kardashian: Hollywood''. The game was ultimately downloaded over 60 million times and generated $200 million in revenue. Ms. Kim keeps her 28% of the money generated by the app to this day. Outside of her mobile app, Kim's annual income comes from endorsements, appearance fees, reality TV paychecks, and paid sponsorships on Instagram. She also runs a line of tanning products and clothing at Sears.

Kim Kardashian Net Worth – Jason Merritt/Getty Images

Early life and rise to fame

Kim Kardashian was born on October 21, 1980 in Los Angeles, California. Kim's father, Robert Kardashian, was one of O.J. Simpson's defense attorneys. Her mother is Kris Kardashian, aka Kris Jenner. Kim started her career in Hollywood as an assistant and stylist to stars. One of her early big clients was her best friend and socialite Paris Hilton.

Kim Kardashian has a large family including sisters Kourtney Kardashian and Khloe Kardashian, her mother Kris, and two half-sisters Kendall and Kylie. Kyle and Kendall's father is former Olympian Bruce Jenner (now known as Caitlyn Jenner). Over the past two decades, Kim has risen to stardom and become one of the most famous and successful celebrity boyfriends on the planet. She is a literal media mogul and runs a highly profitable business empire. Today, Kim's empire includes a cosmetics line, appearance fees, television appearances, a clothing line, weight loss products, perfume, and retail endorsements.

Kim first gained significant attention after the infamous sex tape featuring her and Ray J was released. Kim parlayed this fame into her own reality show. Keeping up with the Kardashians With E! Communication network. Since then, Kim's fame has soared into the stratosphere. She has appeared in movies, been on the cover of thousands of magazines, and even starred in several reality TV spin-offs, including a recent movie. kardashian family The reality series was released on Hulu in 2022.She is also scheduled to star in the 12th season of american horror story In 2023.

relationships

Along the way, Kardashian found time to date several NFL stars, NBA players, and rappers. In 2011, she became engaged to and married NBA player Kris Humphries. The marriage lasted only 72 days. Kim earned $18 million from the endorsement and television rights to this wedding.

Kim married music mogul Kanye West after their relationship was highly publicized and Kanye appeared on his show several times. Keep up with the Kardashians. They married on May 24, 2014 and have four children, daughter North West was born on June 15, 2013.

On February 19, 2021, Kim filed for divorce from Kanye. She started dating Pete Davidson in November 2021, but they broke up in August 2022.

(Photo by Noel Vasquez/Getty Images)

facts about wealth

• In March 2010, Kim purchased a $4.8 million mansion in Beverly Hills. A five-bedroom Tuscan-style property spread across four acres in some of the most expensive real estate in the world.
• Kim previously only earned about $15,000 per episode of her reality show, but her salary has been increased to $500,000.
• During the weeks of filming “Kourtney and Kim Take New York,'' Kim and her then-husband Kris Humphries stayed in the Presidential Suite at the Gainsvoort Hotel. The suite costs $7,000 per night.
• For Kim's wedding, she wore a $2.5 million 65-carat sparkling diamond headpiece by Lorraine Schwartz, a $2 million 20.5-carat diamond engagement ring, and 28-carat diamond earrings worth $5 million did. She reportedly wore well over $10 million worth of jewelry on her big day. Not to mention the $150,000 she spent on hair and makeup.
• She earned $28 million in 2014.
• She earned $53 million in 2015, becoming the highest-paid celebrity on the planet for the first time.
• She has earned between $50 million and $80 million annually since 2015.

kim kardashian net worth milestones

We first started tracking Kim's net worth in October 2009. At the time, we pegged her assets at her $10 million. By 2011, her net worth had increased to her $20 million. By January 2013, her worth was $40 million. Over the next five years, Kim's fortune exploded, in a positive way. By 2015, her wealth reached $85 million. Her net worth nearly doubled to $150 million by 2017. As of April 2020, Kim Kardashian's net worth is $350 million.

On June 29, 2020, following the announcement that Coty Inc. acquired a 20% stake in KKW Beauty for $200 million, we increased Mr. Kim's net worth to $900 million. This deal made the entire brand worth his $1 billion. Kim will retain 72% of the shares after the transaction, valued at $720 million.

Kim's net worth increased to $1.4 billion on April 9, 2020, as it was revealed that Skims had raised $154 million at a valuation of $1.6 billion. She is believed to retain a 50-60% stake in the company.

(Photo by ANGELA WEISS/AFP via Getty Images)

real estate

In 2013, Kim paid $9 million for a mansion in LA's Bel Air neighborhood. She and Kanye spent millions on major upgrades and lived in the house while their Hidden Hills estate was being developed. In 2017, Kim sold her Bel Air home for $18 million.

Since August 2014, Kim's primary residence has been a mansion in the gated community of Hidden Hills, California. Kim and Kanye bought the house from a doctor for $20 million. The doctor purchased the home from Lisa Marie Presley in 2010 for $5 million.

Kim and Kanye spent the next two years undergoing a complete makeover. Unfortunately, Kanye wasn't happy with his 2016 final product and started all over again. After two transactions in 2019, they purchased neighboring properties and expanded their footprint to 7.5 acres. This home features two swimming pools, two spas, a private vineyard, a full-size basketball court, and a custom-built mansion.

In 2018, they had to evacuate when a wildfire came uncomfortably close to their property. Thankfully, Kim and Kanye had an insurance plan that included civilian firefighter coverage. Firefighters not only saved their mansion, but Kim and Kanye's sacrifice saved an entire neighborhood.

In September 2021, Kim paid Kanye $23 million to officially transfer the property to Kanye's name. About $3 million of that was spent on interior furnishings for the home.

In September 2022, Kim paid $70 million for the more than three-acre property in Malibu, which was previously owned by Cindy Crawford and Rande Gerber.

As of May 2023, she is offloading a penthouse in Calabasas that has been on and off the market for several years. She stuck with the $2.7 million price tag. In 2022, she listed another condo in Calabasas, which ultimately sold for $3.5 million.

Instagram revenue

Kim earns between $300,000 and $500,000 for each paid post on Instagram. She also earns a million dollars. We know these numbers are true thanks to a lawsuit she filed in May 2019 against a company called Missguided USA. In her lawsuit, Ms. Kim alleges that Miss Guided copies her costumes that Ms. Kim wears and deceives consumers into believing that Miss Guided is working with Ms. Kim to create her costumes. she insisted. According to court documents, Kim earned between $300,000 and $500,000 per case, and in some cases as much as $1 million. According to the documents, Kim has turned down many offers from brands she doesn't want to be associated with, and instead chooses a few partners each month. Add it all up, and Kim's Instagram income could top her $1-2 million per month. As of June 2023, she has over 359 million followers on her platform.

(Angela Weiss/AFP via Getty Images)