Kim Kardashian’s shapewear model, Skims, is now price $4 billion, based on The New York Occasions. Skims raised $270 million in a funding spherical led by asset administration firm Wellington Administration. That’s up from 2022, when Skims was valued at $3.2 billion by buyers.
The most recent Skims funding spherical added about $500 million to Kardashian’s fortune. Kardashian now has a internet price of $1.7 billion—up from $1.2 billion—because of Skims, wherein she has a 35% stake. The billionaire TV star and enterprise mogul ranked third on Forbes’ listing of the Richest Ladies Celebrities in America, behind Oprah Winfrey and Rihanna.
- Kim Kardashian’s shapewear model, Skims, is now price $4 billion.
- Kardashian has a internet price of $1.7 billion—up from $1.2 billion—because of Skims, wherein she has a 35% stake.
- In 2020, Kardashian offered 20% of her make-up and perfume model KKW Magnificence to worldwide magnificence firm Coty, Inc., for $200 million.
- Kardashian reportedly earns about $7.5 million per season of the truth present, The Kardashians, on Hulu.
SKIMS
A majority of Kardashian’s wealth comes from her stake in Skims, which she co-founded together with enterprise companions Emma and Jens Grede in 2019. Whereas the corporate began as a web-based shapewear model, it has added lounge and swimwear and has plans to open bodily shops and promote males’s clothes. Skims’ gross sales are projected to achieve $750 million in 2023, up from $500 million final 12 months. The retail firm has a buyer base that’s composed of 70% Gen Z and millennial clients.
KKW Magnificence & SKKN by Kim
Kardashian based KKW Magnificence, a make-up and perfume model, in 2017. In 2020, Kardashian offered 20% of KKW Magnificence to worldwide magnificence firm Coty, Inc., for $200 million. The corporate was valued at $1 billion on the time. Kardashian finally shut down KKW Magnificence in 2021 and launched a luxurious skincare model, SKKN by Kim, in 2022. Amongst its merchandise, the high-end model includes a nine-step skincare routine that retails for $673.
As of July 2023, Kardashian is reportedly in talks to purchase again the minority stake from Coty to broaden SKKN’s magnificence classes, based on The Wall Avenue Journal.
SKKY
In 2022, Kardashian launched a non-public fairness agency, SKKY Companions, together with Jay Sammons, a former companion at world funding agency Carlyle. The agency’s fundamental focus is investing in client and media firms throughout numerous sectors, together with hospitality, digital and e-commerce and luxurious. SKKY is reportedly seeking to increase at the least $1 billion from buyers. Kardashian’s mom, Kris Jenner, serves as a companion on the agency.
Conserving Up With the Kardashians
Kardashian (together with the remainder of her household), rose to fame from their actuality TV present Conserving Up With the Kardashians, which aired on E! For 20 seasons. In response to TMZ, the Kardashians signed a $150 million take care of E! Community for the final 5 seasons of KUWTK, for about $30 million per season. In an interview, Jenner informed Ellen Degeneres that the cash from KUWTK is cut up evenly among the many household.
When the present was on E!, Kardashian reportedly earned about $4.5 million per season. In 2021, the household began one other actuality TV present on Hulu known as The Kardashians, a deal that reportedly paid the Kardashian-Jenners a nine-figure wage. That’s at the least $100 million for the three seasons at present streaming on Hulu. Kim, an government producer, earns between $7.5 million and $8.3 million per season on The Kardashians.
Kardashian was previously married to rapper Kanye West, with whom she shares 4 kids. She reportedly paid $23 million to maintain the $60 million mansion she shared with West.
Social Media
Kardashian has been a worldwide influencer on social media for years, and the Kardashians have lengthy been thought-about the household that formed influencer tradition. Kim has 363 million followers on Instagram and earns between $300,000 and $1 million for every sponsored Instagram publish. The enterprise mogul has accomplished quite a few model collaborations over time. A few of Kardashian’s most up-to-date model partnerships embrace a line with Beats headphones, known as Beats x Kim, and a customized taste known as ‘Kimade’ with the power drink model Alani Nu.
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