It’s safe to say that this family has a billionaire gene. (Any chance we could get it, too?)
American socialite Kim Kardashian obviously has no shortage of money. Because of all of her success from her family’s successful reality tv show, Keeping Up With the Kardashians, and her own independent ventures like her makeup brand and her clothing brand, this Kardashian is definitely swimming in money. How much money, you ask? You might want to take a seat for this one.
Forbes names Kim Kardashian a billionaire
Nope, that isn’t an autocorrect mistake.
Kim Kardashian has been officially named a billionaire by Forbes, who also stated that the mom-of-four has been steadily climbing billionaire status since October 2020 when her net worth was about $780 million. Ultimately, Forbes says that her many business ventures eventually pushed her to earn those nine zeros.
Her big bucks definitely don’t come as a surprise to anyone who’s been following her in recent years, as her earned income has only got bigger through time.
How did Kim Kardashian become a billionaire?
In 2007, when her family’s show Keeping Up With the Kardashians first aired, a young Kim Kardashian’s net worth was about $11 million. Most of her money came from being the personal assistant to her former best friend, Paris Hilton.
The reality show became a booming success, having been on for 14 years now and currently on its 20th season. Eventually, the show’s success led to Kim Kardashian earning a reported $30 million per season in 2020.
In 2014, her famous video game Kim Kardashian: Hollywood made about $43 million dollars in the first quarter and that number only climbed, with the reality star earning $80 million for the game.
https://twitter.com/KimKardashian/status/707077609964699648?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E707077609964699648%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fnatalierobehmed%2F2016%2F03%2F08%2Fno-kim-kardashian-probably-didnt-make-80-million-from-her-iphone-game%2F
You would think that’d be enough and she’d settle down, right? Nope. Not even a little bit.
In 2017, Kim Kardashian, most likely inspired by her younger sister Kylie Jenner, launched her own makeup line, KKW Beauty, and its success made the business venture worth a lot of money. However, most of the money from the makeup line came from Kardashian selling 20% of her stakes to Coty and getting another $200 million from that deal.
It would be beside us to not mention her shapewear brand, which is amongst her latest projects.
In 2019, Kim Kardashian launched Skims, and the clothing brand is currently worth about $225 million, according to Forbes.
Of course, once you add other aspects like Kim’s investments, smaller business ventures, and her Instagram which makes almost $900,000 per sponsored post, it’s a surprise that this lawyer-to-be wasn’t named a billionaire sooner.
Kim Kardashian and her cash flow definitely have one thing in common: both aren’t showing signs of slowing down anytime soon.
What do you think of Kim’s billionaire title? Let us know in the comments below!