Kim Kardashian
Has Officially Achieved
Billionaire Status.
On Tuesday, Forbes announced
that Kim Kardashian had officially joined
the “World’s Billionaires” list. .
They estimate her worth has bubbled in a matter of
months from $780 million in October to $1 billion. .
Forbes credits her two businesses, KKW Beauty and
Skims, as being major contributors to her wealth. .
KKW Beauty, which Kardashian
founded in 2017, was bringing in about
$100 million in revenue in 2018. .
She sold 20 percent of the company
to Coty in 2020 for $200 million.
Forbes puts Kardashian’s remaining 72 percent
stake in the company at about $500 million.
Kardashian founded
her shapewear company
Skims in 2019.
She hasn’t disclosed the company’s revenues,
but an unnamed source reportedly told Forbes that
it is worth more than $500 million. .
The remaining portion of Kardashian’s
fortune sits in endorsement deals and paychecks
from ‘Keeping Up With the Kardashians.’.
She also owns multiple real estate properties
and has a flourishing investment portfolio.