The beauty priestess and reality star has entered the prestigious list published by Forbes magazine for the first time • An estimated fortune of $ 1 billion
A combination of fashion brands and a successful reality show.
Kardashian
Photo:
IPI
Now it's official: billionaire Kim Kardashian.
The beauty and fashion priestess entered Forbes magazine's prestigious list of billionaires for the first time, published yesterday (Tuesday).
Kardashian (40) topped the list alongside veteran billionaires like Amazon founder Jeff Bezos, who is in first place (with an estimated fortune of $ 177 billion);
Businessman Elon Musk, who is in second place (with an estimated fortune of $ 151 billion);
And Facebook founder Mark Zuckerberg, who is in fifth place (with an estimated fortune of $ 97 billion).
The magazine estimated Kardashian's fortune at $ 1 billion coming from two main sources: its fashion brands and the family reality show.
Its successful fashion brand KKW, which it founded in 2017, generated profits of $ 100 million a year.
Last year, 20% of it was bought by cosmetics giant Coty for about $ 200 million.
The company was valued at about $ 1 billion, and according to Forbes estimates, Kardashian's stake in the company is currently worth about $ 500 million.
In addition, Kardashian owns most of the shares of its successful lingerie brand, Skims, which it founded in 2019.
The company's value, according to Forbes, is about $ 500 million, of which Kardashian's 225 million.
Aside from the dizzying success of its business, Kardashian is also rolling in millions of royalties and sponsorships for the family reality show "The Kardashians," which after more than a decade is expected to switch from Channel E to the streaming Hollow network.
This is not the first time the Kardashian family has starred in the magazine's billions.
In 2019, Kim's half-sister, Kylie Jenner (23), who was declared the youngest billionaire in the world to build her fortune with both hands, was included in the list.
About a year later, Kylie was stripped of the title after it was alleged that she inflated her real fortune and distorted the data.
By the way, Kim's soon-to-be divorcee, Kenya West, also made it onto the list of billionaires.
Forbes magazine estimated his fortune at $ 1.8 billion, largely thanks to his fashion and footwear brands.
