Kim Kardashian Net Worth $1.7 Billion 2024

#billionairelifestyle #luxurylifestyle #luxury
Kim Kardashian Net Worth $1 7 Billion

#luxury
#luxurylifestyle
#topluxury
#mostluxury
#luxurylife
#billionairelifestyle
#mostexpensivethings
#luxuryworld

What is Kim Kardashian's Net Worth?
Kim Kardashian is an American reality television star, model, entrepreneur, and spokesperson who has a net worth of $1.7 billion. Kim Kardashian is one of the most famous and richest celebrities on the planet. In a given year, Kim earns $50 – 80 million between her various endeavors and growing empire.

Putting her many, many endorsement deals aside, the bulk of Kim Kardashian's net worth is actually attributable to equity stakes in two companies:

KKW Beauty: A direct-to-consumer beauty product line.
Skims: A shapewear company.
Launched in 2017, KKW Beauty Line generates over $100 million in gross revenue today. In June 2020, Kim sold a 20% stake in KKW Beauty Line for $200 million, valuing the company as a whole at $1 billion. As a result of the fundraising round, Kim's net worth increased to $900 million, according to CNW's estimates.


In 2019, she raised $5 million from Venture Capital firm Imaginary Ventures to launch a line of shapewear called Skims. In 2021, Skims raised $154 million at a valuation of $1.6 billion. Even after the massive financing round, Kim remained the majority owner. In 2022, Skims raised money at a $3.2 billion valuation. In July 2023, Skims raised $270 million at a $4 billion valuation. According to a report from Kim's business partner, Jens Grede, Skims earned $500 million in 2022 and is on pace for $750 million in 2023. Even after the July 2023 funding round, Kim and Jens still control a majority of the company's equity. Kim and Jens are believed to both own 1/3 of Skims. So, at the $4 billion valuation, the paper value of those 1/3 stakes is $1.32 billion a piece. The July 2023 funding round increased Kim Kardashian's net worth from $1.4 to $1.7 billion.
kim kardashian,kim kardashian net worth,kim kardashian net worth 2022,kourtney kardashian,the kardashians,kardashian net worth,keeping up with the kardashians,net worth,kim kardashian west,kim kadashian net worth,kardashian,kim kardashian lifestyle,kardashians,kardashian family,kim kardashian house tour,kim kardashian cars,khloe kardashian,kim kardashian billionaire,net worth of kim kardashian,kardashian family net worth,kardashians net worth