In case you haven’t noticed, the Kardashians are wealthy individuals. And while there may be debate over Kylie Jenner’s “billionaire” status, the family’s wealth ultimately stems from Kim Kardashian herself, who is an actual billionaire. Kim’s journey has been quite the rollercoaster, with certain aspects of her business and TV ventures still remaining a mystery. However, what we do know about KKW Beauty SKKN and Skims indicates that she has definitely made a significant amount of money. In fact, her other projects and campaigns pale in comparison to the earnings she generates from these two brands.
However, there is one small obstacle: her divorce from Kanye West, which was finalized in November 2022. The two had a prenuptial agreement, and some financial complications arose as a result. Nevertheless, even after the divorce, Kim’s net worth remains substantial. Now, let’s delve into the details, but before we do, I must apologize to my bank account, as it is currently feeling attacked.
Firstly, it’s important to note that Kim officially became a billionaire in April 2021, thanks to a combination of KKW Beauty, Skims, television shows, endorsements, and smaller investments. Forbes recognized her billionaire status. In January 2022, after receiving additional funding and a new valuation for Skims, her net worth skyrocketed to a staggering $1.8 billion. However, it is worth mentioning that Forbes has occasionally been inaccurate when it comes to estimating the Kardashian family’s wealth. In October 2020, Forbes revised their estimation of Kim’s net worth from $900 million to $780 million due to a decline in cosmetics sales. Therefore, one should approach these figures with skepticism. Regardless of the exact amount, it is safe to say that Kim has amassed an immense fortune, which should discourage her from promoting harmful products on Instagram, such as appetite suppressants or “detox” teas.
KKW Beauty has been Kim’s most lucrative endeavor, according to Forbes. It earned $100 million in revenue during the summer of 2018, with Kim owning 100 percent of the business. In June 2020, Kanye asserted that Kim’s major beauty deal with Coty had propelled her into billionaire territory. Nevertheless, Forbes swiftly debunked this claim. Kim launched KKW Beauty in 2017, starting with Creme Contour Kits priced at $48. Within just two hours, she sold around 300,000 units, translating to over $14 million in sales. Forbes later estimated that her 72 percent stake in the company was worth approximately $500 million. However, Kim does not earn much more money from KKW Beauty, as she announced in 2021 that the brand would be closing temporarily to make way for a new direction, specifically SKKN by Kim. In a since-deleted Instagram post, she expressed gratitude to her loyal customers and hinted at the continuation of her lucrative business ventures with the inception of the SKKN $630 line.
Let’s not forget about the mobile game, “Kim Kardashian: Hollywood.” Although it is not as popular as it once was, it generated a tremendous amount of income for Kim in 2016. According to Forbes, the game had been downloaded 45 million times and generated $160 million in revenue, exceeding the earnings of KKW Beauty. However, there is a significant difference: Kim owned 100 percent of her beauty business, whereas she only took home $45 million of the $160 million generated from the game.
Skims is one of Kim’s recent entrepreneurial ventures, and it made $2 million within minutes of its initial launch, as reported by TMZ. In July 2023, the New York Times estimated that Skims had raised $270 million in a funding round and was valued at $4 billion. This valuation had increased from its previous worth of $3.2 billion, assigned by investors last year. Clearly, Skims has proved to be a lucrative investment for Kim.
“Keeping Up With the Kardashians” undoubtedly contributed significantly to Kim’s wealth. Although the show concluded in 2021, it earned Kim a substantial amount of money. The family’s contract with E! was worth $80 million in 2015, which was followed by another deal below $100 million in 2017. This means that the family accumulated a total of $180 million over four years. As for Kim’s earnings, reports suggest that she split approximately 50 percent to 60 percent of the contract between herself and her sisters Khloé and Kourtney, while the remainder was divided among the rest of the family. If true, Kim would have earned around 20 percent of the contract, equivalent to $20 million for her contributions to KUWTK. Following the end of their contract with E!, the Kardashian family embarked on a new partnership with Hulu. According to Variety, this new deal will result in the family collectively earning a significant amount. However, details regarding the exact figures remain undisclosed at this time. Khloé has indicated that monetary gain is not the sole factor behind their shift to Hulu, suggesting that the platform was the perfect fit for their goals.
Although flipping properties is not their primary occupation, Kim and Kanye have made substantial profits from real estate. In 2017, they sold their Bel-Air mansion, which they had purchased for $9 million, for a staggering $17.8 million, earning $8.8 million. TMZ reported that this sale was the most expensive in the exclusive Bel-Air Crest community. Additionally, Kim and Kanye reportedly purchased their current home for $40 million and invested an additional $20 million into renovations. A source divulged to Page Six that this issue had become a point of contention during their divorce settlement negotiations. The source claimed that Kim desired ownership of the Calabasas house, considering it to be their children’s primary residence. Although Kim owns the surrounding land and adjacent lots, Kanye owns the house itself. Both parties have invested significant amounts of money into renovating the property.
Furthermore, Kim has engaged in numerous endorsements over the years, including appearances in Super Bowl commercials. Currently, she primarily endorses products on Instagram, and has even promoted popular items such as SugarBearHair. She also promotes her family’s business, Kardashian Kloset. To provide insight into her earnings from Instagram endorsements, Kim once revealed that she had been offered a $1 million deal by Fashion Nova to post a single picture, which she declined.
As for how Kim’s divorce from Kanye affected her net worth, the settlement details were not made public. However, Page Six reported in January 2021 that they had a prenuptial agreement, ensuring that Kim received $1 million for each year of their six-year marriage. Additionally, she allegedly retained the gifts she had received from Kanye, which included valuable artwork and jewelry. A dispute arose when Kanye attempted to prevent Kim from transferring assets out of her trusts. In response, Kim asserted that limiting her ability to move forward in life and earn a living was unjust and inequitable. Although the specifics of their divorce settlement remain confidential, it is clear that any issues surrounding financial matters were resolved since the couple is now officially divorced.
In conclusion, Kim Kardashian’s estimated net worth amounts to an astounding $1.7 billion. She has achieved remarkable success through her business ventures, such as KKW Beauty, Skims, her mobile game, and endorsements, in addition to her reality TV career and real estate investments. Kim’s entrepreneurial endeavors have undeniably contributed to her immense wealth.