Kim Kardashian net worth Wiki, Height, Biography, Wife, Children And Early Life
Kim Kardashian net worth
Split: 20
What is the net worth of Kim Kardashian?
Kim Kardashian is an American reality TV star, model, entrepreneur and spokesperson. She is one of the most famous and richest celebrities on the planet. Kim Kardashian’s net worth is 1.4 billion U.S. dollars.
In a certain year, Kim made $50-80 million in her various efforts and growing empire. For example, between June 2018 and June 2019, Kim made $72 million through various efforts, and then between June 2019 and June 2020, she earned $50 million. For a while, a large part of Kim’s annual income came from licensing and endorsement transactions. For example, she earned a fortune from royalties generated from the mobile game “Kim Kardashian: Hollywood”. The game was eventually downloaded more than 60 million times and generated 200 million US dollars in revenue. To this day, Kim retains 28% of the funds generated by the application. Outside of mobile apps, Kim’s annual income comes from endorsements, appearance fees, reality show salary and paid Instagram sponsorship. She also owns a series of tanning products and clothing lines at Sears.
Regardless of endorsement deals, most of Kim Kardashian’s net assets are actually attributed to the equity of the two companies:
- KKW Beauty: A line of beauty products directly facing consumers.
- Skims: A shapewear company.
KKW Beauty Line was launched in 2017 and now has a total revenue of more than 100 million U.S. dollars. In June 2020, Kim sold a 20% stake in KKW Beauty Line for US$200 million, and the company’s overall valuation was US$1 billion. According to CNW’s estimates, as a result of this round of financing, Kim’s net assets have increased to 900 million U.S. dollars.
In 2019, she raised $5 million from the venture capital firm Imaginary Ventures to launch a series of shapewear called Skims. In 2021, Skims raised US$154 million at a valuation of US$1.6 billion. Even after large-scale financing, Kim is still a major shareholder.
Early life and fame
Kim Kardashian was born on October 21, 1980 in Los Angeles, California. King’s father Robert Kardashian is one of OJ Simpson’s defense lawyers. Her mother is Chris Kardashian, also known as Chris Jenner. Kim started her career in Hollywood as a celebrity assistant and stylist. One of her early big clients was her best friend and socialite Paris Hilton.
Kim Kardashian has a large family, including sisters Courtney and Kohler Kardashian, her mother Chris and two half-sisters, Kendall and Kelly. Kyle and Kendall’s father is former Olympic athlete Bruce Jenner (now Caitlin Jenner). In the past 10 years, Kim has been among the stars, becoming one of the most famous and successful celebrities on the planet. She is a veritable media tycoon who runs a lucrative business empire. Today Jin’s empire includes cosmetics lines, personal appearance fees, TV salaries, clothing lines, weight-loss products, perfumes and retail endorsements.
After a notorious sex video featuring her and Ray J was released, Kim first attracted widespread attention. Kim applied this reputation to her own reality show, Keep up with Kardashian At E! The internet. Since then, Jin’s fame has skyrocketed. She starred in movies, appeared on the covers of thousands of magazines, and appeared in several reality show spin-offs.
marriage
In the process, Kardashian took time out to date some NFL stars, NBA players and rappers. In 2011, she was engaged and married to NBA player Chris Humphries. The marriage lasted only 72 days. Kim made $18 million from endorsements and television rights for the wedding.
After a very public relationship and several appearances of Kanye, Kim married the music mogul Kanye West Keep up with the Kardashians. They were married on May 24, 2014, and their daughter North West was born on June 15, 2013. Today they have three children.
On February 19, 2021, Kim filed for divorce from Kanye.
Kim Kardashian Net Worth-Jason Merritt/Getty Images
More Kim Kardashian financial facts
- In March 2010, King purchased a mansion worth US$4.8 million in Beverly Hills. This is a Tuscan style 5 bedrooms, covering 4 acres, located in some of the most expensive real estate in the world.
- In the past, Kim’s reality show earned only about $15,000 per episode, but her income has increased to $500,000.
- During the weeks of recording “Courtney and King Walk in New York”, King and her then husband Chris Humphries lived in the presidential suite of the Garneswater Hotel. The suite costs USD 7000 per night.
- At the gold wedding, she wore a 65-carat Lorraine Schwartz shiny diamond tiara worth 2.5 million US dollars, a 20.5-carat diamond engagement ring worth 2 million US dollars, and a 28-carat diamond earrings worth 5 million US dollars. All in all, she wore more than $10 million worth of jewelry on her important day. Not to mention the $150,000 she spent on hair and makeup.
- She made $28 million in 2014.
- She made $53 million in 2015, which made her the highest-paid celebrity on the planet for the first time.
- Since 2015, her annual income has been 500,000 to 80 million U.S. dollars.
Kim Kardashian net worth milestone
We first started tracking gold’s net assets in October 2009. At that time, we set her fortune at 10 million U.S. dollars. By 2011, her net worth had increased to 20 million U.S. dollars. As of January 2013, she was worth 40 million U.S. dollars. In the next five years, Kim’s wealth exploded in a good way. By 2015, she was worth 85 million U.S. dollars. By 2017, her net worth had almost doubled, reaching US$150 million. As of April 2020, Kim Kardashian’s net worth is US$350 million.
On June 29, 2020, after Coty Inc. announced the acquisition of a 20% stake in KKW Beauty Company for USD 200 million, we increased Kim’s net worth to USD 900 million. This transaction brings the value of the entire brand to $1 billion. After the transaction is completed, Kim retains 72% of the shares, valued at US$720 million.
We raised Kim’s net worth to US$1.4 billion on April 9, 2020, because of news that Skims raised US$154 million at a valuation of US$1.6 billion. It is believed that she holds a 50-60% stake in the company.
real estate
For many years, the main residence of Kim and Kanye has been in a gated community in Hidden Hills, California. They bought the house from Lisa Marie Presley for US$20 million in August 2014 and underwent a complete renovation over the next two years. Unfortunately, Kanye was not satisfied with the final product in 2016, so they started from scratch. Today, the property occupies 3 acres with two swimming pools, two spas, a private vineyard, full-size basketball court and a custom mansion. In 2018, when wildfires approached their property uncomfortably, they had to evacuate. Kim and Kanye were forced to call in private firefighters provided by the insurance company to rescue their mansion and several nearby mansions. Today, the house in Hidden Hills is estimated to be worth $60 million.
In September 2021, Kim paid Kanye US$23 million to officially transfer the property to her. Approximately US$3 million of this was spent on household items.
In 2013, King bought a mansion in Bel Air, California for $9 million. She and Kanye spent millions of dollars on major upgrades and lived in this house during the development of the Hidden Hills property. In 2017, Kim sold the Bel Air house for US$18 million.
(Photo by Angela Weiss/AFP via Getty Images)
Kim Kardashian’s Instagram income
The income of each paid Instagram post is between US$300,000 and US$500,000. Her income is as high as $1 million. We know these figures are true, thanks to her lawsuit against a company called Missguided USA in May 2019. In the lawsuit, Kim claimed that Missguided destroyed the clothing Kim was wearing, and induced consumers to believe that Missguided was cooperating with Kim to develop these clothing. Court documents show that Kim’s income for each post is US$3-50 million, and he has earned as much as US$1 million on several occasions. The documents show that Kim has rejected many offers from brands that she does not want to associate with, and instead chooses a few partners every month. When you add it all up, Kim’s Instagram revenue may reach 1-2 million dollars per month!
Generalize
Kim Kardashian’s net worth is 1.4 billion U.S. dollars. She is one of the most famous and highest paid celebrities on the planet. In recent years, her annual income has exceeded 80 million US dollars. The following is a list of her net assets year by year since we started tracking her wealth on CelebrityNetWorth in 2009.
Equity milestone | |
year | net worth |
Year 2009 | 10,000,000 USD |
year 2011 | 20,000,000 USD |
year 2013 | 40,000,000 USD |
2015 | 85,000,000 USD |
2017 | 150,000,000 USD |
2019 year | 300 million USD |
2020 year | 900 million US dollars |
2021 | USD 1,400,000,000 |