Kim Kardashian becomes a billionaire as her net worth soars from $780 million (£564 million) in October to $1 Billion (£723 million) this month. This is according to a report in Forbes magazine.
This fortune has been made up of shapewear brand Skims and her cosmetics company KKW beauty. She has earned millions from reality TV Show Keeping Up with the Kardashians which is ending this season. The rest of the estate is made from endorsements, property and investments.
She has earned millions from reality TV Show Keeping Up with the Kardashians which is ending this season. Endorsements, property and investments help make up the rest of her financial profit.
Kim is still using the surname Kardashian West, despite her ongoing divorce from rapper Kanye West. Kim Kardashian becomes a billionaire two months after announcing her split, filing the papers in February due to irreconcilable differences. The couple are looking for joint custody over their four children.
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Kim Kardashian is the first of the Kardashians to reach billionaire status. Last year Forbes magazine reported younger sister Kylie Jenner had become a billionaire. However, she was stripped of her title following reports of misreporting inflations in her business value.
Following the success of Kylie’s make up range, Kylie Cosmetics, Kim founded her own make up company in 2017. She sold 20% of KKW Beauty last year at a cost of $1 billion. Kim holds a 72% stake worth $550m. Her other business Skims is valued at $225m.
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