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Inside Kim Kardashian's Net Worth And Billionaire Status
19 December 2023, 10:22
Kim Kardashian has become the richest of her family thanks to her Skims shapewear line, TV success on Keeping Up With The Kardashians and much more - here's a look inside her billionaire net worth and how she earned her fortune.
Kim Kardashian is one of the savviest businesswomen of our generation thanks to her OG hit reality TV show, Keeping Up With The Kardashians, new reality show The Kardashians, her shapewear brand, Skims, and her beauty line KKW, to name just a few of her ventures.
In 2023, a year of her biggest successes, Kim took on new ventures including a huge role in American Horror Story, more collaborations and of course, one huge push for her shapewear brands, Skims. Kim threw herself into work following her split from Pete Davidson following her divorce from Kanye West.
And now, after confessing on her family TV show she wants to slow down, just how rich is the biggest reality TV star of our time? Is Kim Kardashian an actual billionaire?
Here's a look inside Kim's mega net worth and how she made such a fortune for herself:
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What is Kim Kardashian's net worth?
Kim is officially a billionaire, according to Forbes, making her the richest in her family! To be exact, Kim is worth $1.8billion (£1.3billion). Astounding, right?
This comes after she had a reported net worth of $780 million (£572 million), in October 2020, with the bulk of her fortune coming from her beauty line KKW Beauty after she sold a 20 per cent stake in the company to beauty giant Coty for $200 million.
She and ex-husband Kanye West also had a lot of money tied up in luxury property across the US.
How did Kim Kardashian become a billionaire?
Keeping Up With The Kardashians
As an executive producer alongside mum Kris Jenner and sisters Kourtney and Khloe, Kim and her family have created 20 very successful reality TV series.
The famous family decided to end the series in 2020, with the last ever series scheduled to air in early 2021. The earnings the family received from the show increased significantly over the years. It's estimated in around four years they made $180million.
Now, following the show's end, the family have regrouped to film a brand new reality series, The Kardashians which they are already on season four of. It's believed, but not confirmed, the contract for this is around nine figures.
Skims
Kim launched her own shapewear brand, Skims, in 2019 after years of struggling to find products that worked for her.
She said at the time: “As my style changed and evolved, I found myself altering existing shape wear to work specifically for each look that I was going for. I knew I wasn’t alone in looking for the perfect shape wear and was inspired to turn my passion into something real that works for every body type."
Now, years down the line, Skims has become one of Kim's biggest successes, she even collaborated with Rihanna's brand Fenty, to create the dream collection for fans.
Skims is now a company that's been valued at $4billion dollars (wowzers).
KKW Beauty/SKKN
Kim's second biggest business is KKW Beauty, despite being her second attempt to break the beauty industry (anyone remember Kardashian Beauty?!). Launching a collection of highlighters, foundations and much more, the venture was almost an instant success for the mum of four.
Almost three years after their launch, Kim was also able to sell 20% of her company to cosmetics giant Coty for $200million. This valued the company at $1billion.
In 2021, Kim announced she was closing the website and it has since been rebranded as SKKN beauty to match her beloved Skims brand.
Kim Kardashian businesses
Kim Kardashian is one busy lady, and as if KKW beauty and Skims weren't keeping her busy enough, she's also got plenty of other ventures she's trying out.
In the past, Kim has been the proud owner of Kimoji's, an app with other 200 emojis and Giphy's of her own face, a perfume and of course, her own game, Kim Kardashian Hollywood!.
Kim Kardashian: Hollywood, while not as successful as it once was, did earn Kim mega money at one point. To be exact, in 2016, Forbes revealed it had been downloaded 45million times making $160 million in revenue. More than her beauty brand at that point.
Kim’s sponsored Instagram posts
Businesses pay big dollars for a celebrity Instagram post, especially when her name is Kim Kardashian.
Kim has over 287 million Instagram followers, so she's often inundated with requests from brands to work with her. With a reach that big, comes a massive paycheck.
There have been numerous reports the mum of four can pull in a staggering $1million for just one sponsored post.
Kim has also had books, a child’s fashion business with Kanye and of course, multiple magazine covers to help her earn even more money.
Property
Not her biggest money-maker, but one anyway, Kim and her ex-husband previously enjoyed flipping houses.
In 2017, they sold their Bel-Air mansion for $17.8million, making a huge profit of $8million. According to TMZ, “The sale stands as the most expensive sale ever in the exclusive Bel-Air Crest community.”
Her current home, the simplistic monastery-inspired mansion, was bought for $40million and had around $20million in renovations. This was one of the sticky spots when it came to her divorce with Kanye.
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