Kim Kardashian West Is A Billionaire

Kardashian West, who is in the midst of divorce proceedings from spouse Kanye West, founder…

Kardashian West, who is in the midst of divorce proceedings from spouse Kanye West, founder her KKW Attractiveness line in 2017 and because then it has expanded from contour kits to eyeshadow, concealers, lipsticks and fragrances.

She reportedly pulled in $200 million very last yr immediately after promoting 20{f7ace28afe27113323ebcbc15db4aacb666c5f5c079bf840994bad8a1353241c} of KKW Splendor to cosmetics giant Coty in a offer that valued the firm at $1 billion, placing her on par with minimal sister and reported fellow billionaire Kylie Jenner’s mega-effective Kylie Cosmetics. The journal pointed out that Kim’s shapewear line Skims — launched in 2019 — blew up in the course of the COVID-19 pandemic when it nimbly shifted from curve-smoothing parts to loungewear as individuals settled into wearing their at ease outfits all working day each individual day.

Even though Skims does not disclose its revenues, an unnamed resource acquainted with its revenues advised Forbes about a transaction that valued the organization at $500 million Kardashian West is reportedly a the vast majority owner in Skims, with Forbes estimating her stake at all around $225 million, which assisted boost her to the $1 billion record.

The rest of her fortune is reportedly produced up of money and investments — including shares in blue-chip shares this kind of as Disney, Amazon, Netflix and Adidas reportedly gifted to her by ‘Ye in Christmas 2017 — as nicely as authentic estate and at minimum $10 million in pre-tax earnings every yr considering that 2012 from KUWTK, endorsement deals, cellular video games and applications.