Kim Kardashian Net Worth 2024

Here is Kim Kardashian Net Worth. You might be wondering what is Kim Kardashian net worth.

This article presents Kim Kardashian Net Worth. Access Kim Kardashian Net Worth below.

Recommended

About Kim Kardashian Net Worth

Kim Kardashian, a well-known American reality television star, model, entrepreneur, and spokesperson, has amassed a net worth of $1.7 billion, making her one of the most famous and wealthiest celebrities worldwide. Annually, Kim earns between $50 to $80 million through her various ventures and expanding business empire.

The major portion of Kim Kardashian’s net worth can be attributed to her ownership stakes in two companies:

KKW Beauty: Launched in 2017, KKW Beauty Line has achieved significant success, generating over $100 million in gross revenue at present. In June 2020, Kim sold a 20% stake in KKW Beauty Line for $200 million, valuing the entire company at $1 billion. This substantial investment round resulted in an estimated increase of Kim’s net worth to $900 million, according to CNW’s estimates.

Skims: In 2019, Kim raised $5 million from Venture Capital firm Imaginary Ventures to establish her shapewear line, Skims. Over time, the company’s valuation soared, with a funding round in 2021 securing $154 million at a valuation of $1.6 billion. Even after this massive financing, Kim retained the majority ownership of Skims. The company further raised capital at a $3.2 billion valuation in 2022 and, in July 2023, secured $270 million at a $4 billion valuation. A report from Kim’s business partner, Jens Grede, indicated that Skims earned $500 million in 2022 and is projected to reach $750 million in 2023. Despite the latest funding round in July 2023, both Kim and Jens still control a majority of the company’s equity, as they are believed to each own 1/3 of Skims. With the $4 billion valuation, the paper value of their 1/3 stakes amounts to $1.32 billion each. The July 2023 funding round led to an increase in Kim Kardashian’s net worth from $1.4 billion to $1.7 billion.

Kim Kardashian Net Worth

Kim Kardashian has an estimated Net Worth of up $1.7 Billion.

Net Worth:	$1.7 Billion
Date of Birth:	Oct 21, 1980 (42 years old)
Age:	42 years
Gender:	Female
Profession:	Entrepreneur, Model, Actor, Businessperson, Fashion designer, TV Personality, Television producer
Nationality:	American
Country	United States of America
Ethnicity	American
Residence	United States of America
Complexion	White

Kim Kardashian Biography

Kimberly Noel Kardashian was born on October 21, 1980, in Los Angeles, California, to Robert and Kris Kardashian (formerly Houghton). She has two sisters, Kourtney and Khloé, and a brother, Rob. While their mother has Scottish and Dutch ancestry, their father was of Armenian-American heritage. In 1991, Kim’s parents divorced, and her mother later married Bruce Jenner, the decathlon winner at the 1976 Summer Olympics. As a result, Kim gained step-siblings: Burton “Burt,” Brandon, and Brody, along with a step-sister, Casey, and eventually two half-sisters, Kendall and Kylie Jenner.

Kim Kardashian attended Marymount High School, an all-girls Roman Catholic school in Los Angeles. In 1994, her father gained media attention as he represented football player O. J. Simpson during his murder trial. Simpson also happens to be Kim’s godfather. Sadly, her father passed away in 2003 due to cancer. During her teenage years, Kim became close friends with Nicole Richie and Paris Hilton, which helped increase her own media exposure. At the age of 16, after getting into a car accident, her father agreed to buy her a new car under the condition that she would be responsible for any future damages. She then worked at a local clothing store in Encino, California, called Body, for four years, and even assisted in opening its Calabasas location. However, she resigned in 2000 after getting married for the first time.

About Kim Kardashian Net Worth

Kim Kardashian Net Worth

Kim Kardashian Biography

Related searches