Latest news on your fingertips

Kim Kardashian Net Worth: Her Approaches to Mint Billions!

Kim Kardashian is a reality television personality, model, entrepreneur, and ambassador from the United States. She is one of the world’s most well-known and wealthy celebrities. Kim Kardashian has an estimated net worth of $1.4 billion.

Kim makes between $50 and $80 million each year from her multiple businesses and her empire. Kim, for example, earned $72 million from her numerous efforts between June 2018 and June 2019, and then $50 million between June 2019 and June 2020.

Licensing and endorsement deals used to account for a significant amount of Kim’s annual revenue. She made a tiny amount from royalties from the smartphone game “Kim Kardashian: Hollywood,” for example.

The game was eventually downloaded over 60 million times and made a profit of $200 million. To this day, Kim keeps 28 percent of the money collected by the programme. Kim’s annual revenues outside of the mobile app come from endorsements, appearance fees, reality TV pay, and paid Instagram partnerships. She also owns a tanning business as well as a clothes line at Sears.

Putting endorsement arrangements aside, the majority of Kim Kardashian’s wealth comes from her investments in two companies:

  • KKW Beauty is a direct-to-consumer cosmetics line.
  • Skims is a firm that makes shapewear.

KKW Beauty Line, which debuted in 2017, now produces over $100 million in total revenue. Kim sold a 20 percent share in KKW Beauty Line for $200 million in June 2020, valuing the company at $1 billion. According to CNW, Kim’s net worth grew to $900 million as a result of the fundraising round.

In 2019, she raised $5 million from Imaginary Ventures, a venture capital firm, to create the Skims shapewear collection. Skims raised $154 million at a $1.6 billion valuation in 2021. Kim remained the majority owner even after the large investment round.

Early Years and Ascension to Fame

Kim Kardashian Net Worth
Kim Kardashian was born in Los Angeles, California on October 21, 1980. Robert Kardashian, Kim’s father, was one of OJ Simpson’s defence attorneys. Kris Kardashian, also known as Kris Jenner, is her mother.

Kim began her work in Hollywood as a star’s assistant and stylist. Paris Hilton, her best friend and socialite, was one of her first significant clients.

Kim Kardashian is the mother of two half-sisters, Kendall and Kylie, and has two sisters, Kourtney and Khloe Kardashian. Bruce Jenner, a former Olympic athlete, is Kyle and Kendall’s father (now known as Caitlyn Jenner).

Kim has risen through the ranks of celebrity over the last ten years to become one of the world’s most well-known and successful figures. She is a multibillion-dollar media magnate with a thriving corporate empire.

Kim’s empire now includes a cosmetics brand, personal appearance fees, a television salary, a clothing line, weight-loss goods, perfume, and retail sponsorships, among other things.

Kim rose to prominence with the emergence of a notorious sex tape featuring her and Ray J. Kim used her celebrity to launch her own reality show on the E! network, Keeping Up with the Kardashians.

Since then, Kim’s celebrity has soared to new heights. She’s starred in films, adorned the covers of thousands of magazines, and appeared on a number of reality shows.

Marriages

Kardashian has dated a number of NFL athletes, NBA players, and rappers along the road. Kris Humphries, an NBA player, proposed to her in 2011 and they married in 2012. The marriage barely lasted 72 days.

Kim made $18 million from the wedding’s endorsements and television rights.

After a highly publicized relationship and multiple appearances by Kanye on Keeping Up with the Kardashians, Kim married music mogul Kanye West.

Their daughter, North West, was born on June 15, 2013, and they married on May 24, 2014. They have three children now. Kim filed for divorce from Kanye on February 19, 2021.

Read More: Spencer Dinwiddie’s Networth: Salary, Girlfriend, Kid

Kim Kardashian’s Net Worth

  • Kim Kardashian has a net worth of $1.4 billion dollars. Her annual salary is $80 million.
  • Kim purchased a $4.8 million Beverly Hills property in March 2010. It’s a Tuscan-style five-bedroom home on four acres on some of the world’s most expensive real estate.
  • Kim’s income for her reality program used to be roughly $15,000 per episode, but it was recently boosted to $500,000.
  • Kim and her then-husband Kris Humphries stayed in the Ganesvoort Hotel’s Presidential Suite for several weeks while filming “Kourtney and Kim Take New York.” The suite is priced at $7000 per night.
  • Kim wore a $2.5 million Lorraine Schwartz 65 carat brilliant diamond tiara, a $2 million 20.5 carat diamond engagement ring, and $5 million 28 carat diamond earrings to her wedding. On her wedding day, she wore a total of more than $10 million in jewelry.
  • Not to mention her $150,000 hair and makeup budget.
  • In 2014, she earned $28 million.
  • She earned $53 million in 2015, making her the world’s highest-paid celebrity for the first time.
  • Since 2015, she has made between $50 and $80 million every year.

Milestones in Kim Kardashian’s Net Worth

Kim Kardashian Net Worth
Kim’s net worth has been tracked since October 2009. We estimated her net worth at $10 million at the time. Her net worth had risen to $20 million by 2011. She was valued $40 million in January 2013. Kim’s fortunes exploded during the next five years in a good way.

She was valued at $85 million in 2015. By 2017, her net worth had nearly risen to $150 million. Kim Kardashian’s net worth is $350 million as of April 2020.

On June 29, 2020, we reported that Coty Inc. had purchased a 20% stake in KKW Beauty for $200 million, bringing Kim’s net worth to $900 million. The total brand was valued at $1 billion as a result of this purchase. After the $720 million acquisition, Kim still owns 72 percent of the company.

On April 9, 2020, we increased Kim’s net worth to $1.4 billion after learning that Skims had received $154 million at a $1.6 billion valuation. She is thought to possess between 50 and 60 percent of the corporation.

Net Worth Milestones
Year Net Worth
2009 $10,000,000
2011 $20,000,000
2013 $40,000,000
2015 $85,000,000
2017 $150,000,000
2019 $300,000,000
2020 $900,000,000
2021 $1,400,000,000

Read More: Lebron James Networth: Its Revealed He His Not a Billionaire

Purchasing Real Estate

Kim purchased a property in LA’s Bel Air district for $9 million in 2013. While her Hidden Hills property was being completed, she and Kanye spent several million dollars on extensive improvements and stayed in this home. Kim sold the Bel Air home for $18 million in 2017.

Kim has lived in a big mansion within a gated enclave in Hidden Hills, California, since August 2014. The house was purchased for $20 million from a doctor by Kim and Kanye. In 2010, the doctor paid $5 million for the home from Lisa Marie Presley.

Kim and Kanye then spent the next two years completely renovating their home. Unfortunately, Kanye was dissatisfied with the final product in 2016, so they had to start over.

They bought nearby properties in two transactions in 2019, bringing their total footprint to 7.5 acres. Two swimming pools, two spas, a private vineyard, a full-sized basketball court, and a custom-built residence are all included in the property.

When a wildfire drew dangerously close to their home in 2018, they were forced to flee. Thankfully, Kim and Kanye had purchased an insurance policy that included private firefighter coverage.

Not only did the firefighters save their home, but they also saved the entire neighbourhood at Kim and Kanye’s expense.

Kim paid Kanye $23 million in September 2021 to formally transfer the property under her name. The home’s interior contents accounted for almost $3 million of that total.

Kim Kardashian Net Worth

Instagram Earnings of Kim Kardashian

Every paid Instagram post nets Kim between $300,000 and $500,000. She’s also made over a million dollars. We know these figures are accurate because of a lawsuit she filed in May 2019 against Missguided USA.

Kim alleged in the lawsuit that Missguided plagiarises her ensembles and misleads customers into believing that Missguided is working on them in collaboration with her. Kim earns $300-500k every post, according to court filings, and has earned as much as $1 million on multiple instances.

According to the records, Kim declines several offers from brands she does not want to be affiliated with and instead selects a small number of partners each month. When it’s all said and done, Kim’s Instagram earnings are likely to be in the $1-2 million range PER MONTH!

Summary

Kim Kardashian has an estimated net worth of $1.4 billion. She is one of the world’s most well-known and wealthy celebrities. In recent years, her annual profits have reached $80 million. Since we started tracking her money on CelebrityNetWorth in 2009, we’ve compiled a table of her net worth year by year.

Read More: Dustin Johnson: One Among the Top 10 Richest Golfers