According to Forbes, Kim Kardashian West is Officially a Billionaire

The billionaire rank that Elon Musk, Jeff Bezos, and other modules have also included Kim Kardashian. According to Forbes, Kim Kardashian is now an official Billionaire.

On Tuesday, the official yearly ‘World’s Billionaires list by Forbes got released. In which, for the first time, Kim Kardashian’s name got seen on the elite list.

According to Forbes, Kim Kardashian West is Officially a Billionaire

According to the magazine, Kim Kardashian’s businesses like KKW Beauty and Skims have been booming. The sales achieved from her businesses added with her endorsement deals, and her television show has helped her achieve the billionaire title.

In 207, Kardashian West launched KKW Beauty. Last year Coty obtained a 20% stake in the cosmetics line industry in a deal, ranking the business value to $1 billion. Furthermore, Forbes stated that her remaining business stake is worth around  $500 million.

Then she has her other business: Skims, which sells a collection of various hugging shapewear and bodysuits.

According to Forbes, in the private business, she has the majority stake; but the revenue has not gotten disclosed yet. However, a source told Forbes that the company’s value is somewhere around $500 million.

This can mean that her stake is around $225 million, giving her the push she needs to get to $1 billion.

Furthermore, Kardashian west has assets in investments, cash, and real estate. Even though the long-run family show ‘Keeping up with the Kardashians’ is about to end, they have a new deal with Hulu to make content, which will keep the money coming.

Kim Kardashian is not the first one from the Kardashian-Jenner family to be on the Forbes List. There was controversy when Forbes gave her sister Kylie Jenner the title of being the ‘youngest-ever self-made billionaire at the age of 21.’

The argument made by critics was that Kylie Jenner cannot get considered self-made because she comes from a popular and wealthy family.

Also read: Gabriel Iglesias Net Worth

Kim Kardashian filed for divorce from her husband Kanye West, in February because of unresolvable differences.

Kanye West has gotten reported to be worth around $6.6 billion, and most of his money has gotten invested in his apparel businesses.

Ahmad Idrees

The founder and CEO of Thrive Verge, Thrive and The Verge Revolution. In 2016, Launched Thriveverge, a leading behavior change tech, news, media, entertainment and daily news company with the mission of changing the way we work and live by ending the collective delusion that burnout is the price we must pay for success.

Recent Posts

Kim Kardashian Net Worth 2021

Kim Kardashian Net Worth: Kim Kardashian is an entrepreneur, spokesperson, model, and TV star of the…

2 days ago

Learn About The Best Pencil Drawing Technique!

So, you’re beautiful in pencil, huh? Are you stuck with graphics? Are your friends and…

2 days ago

Top JavaScript Frameworks to Use in 2021

Talking about JavaScript, it is a multi-paradigm language to support functional, event-driven, and imperative programming.…

3 days ago

Top 17 Myths About Personal Loan You Should Not Believe

What is a personal loan? A Personal loan is repaid in monthly installments. A lot of…

3 days ago

How to Choose Best Martial Art for Kids and Karate Games for Kids

Do you wish to know the best Martial Arts for kids? No matter how old…

4 days ago

The Ultimate Guide To Stream2watch Alternatives & its working Sites in 2021

Stream2Watch is a simple service that allows you to watch live events in your chosen…

4 days ago