Today, Kim Kardashian stands as a multi-faceted personality in the realm of entertainment and business. In 2023, her net worth has climbed to an impressive US$1.8 billion. Apart from her reality TV fame and business ventures, Kardashian has also delved deep into social activism, particularly championing for prison reform and introducing her own law apprenticeship program.
Kim Kardashian’s Estimated Net Worth in 2023
By the end of 2022, Forbes had estimated Kim Kardashian’s net worth at a whopping US$1.8 billion, positioning her just behind her sister Kylie Jenner in the wealth rankings within the Kardashian-Jenner clan. A significant portion of this wealth is attributed to her diverse business pursuits. This includes her much-celebrated brands like Skims, KKW Beauty, and KKW Fragrance, as well as revenues from the iconic reality show, “Keeping Up With the Kardashians,” and various lucrative endorsement deals.
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Summary of Kim Kardashian’s Net Worth
|Kim Kardashian’s net worth estimated at US$1.8 billion by Forbes
|Skims raises US$270 million in funding; Valuation: US$4 billion
|Launch of SKKN By Kim, a nine-step skincare line
|Sale of KKW Beauty to Coty, Inc. for US$200 million
Forbes’ Evaluation of Kim Kardashian’s Stake
Forbes shed light on Kim’s massive 72% stake in her shapewear brand Skims, approximating its value to be around US$500 million. This evaluation doesn’t just emphasize the success of Skims but also places it among the top-tier shapewear brands globally.
Kim Kardashian’s Business Ventures
Kim’s entrepreneurial spirit is evident through her multiple business ventures. Her cosmetic brand, KKW Beauty, was a hit since its inception in 2017. In 2020, the brand was partially acquired by Coty, Inc. for a deal amounting to US$200 million. Other ventures like KKW Fragrance, the emoji line Kimoji, and the newly launched skincare line SKKN By Kim, further amplify her business acumen and diversification.
Kim Kardashian’s Annual Earnings
With an estimated annual earning of US$75 million from various ventures and endorsements, Kim continues to reign as one of the highest-paid celebrities globally. Her influence and business strategies ensure a steady and substantial income flow.
Kim Kardashian’s Increasing Net Worth
Over the years, Kim’s net worth has witnessed a consistent and significant surge. This can be attributed to the expanding success of her business ventures and her escalating celebrity status, making her one of the most sought-after names in the industry.
Kim Kardashian’s Stake in Skims
Kim’s shapewear brand, Skims, undeniably plays a pivotal role in her net worth. The brand has shown exponential growth in a short span, pushing its valuation to a remarkable US$4 billion.
Skims’ Recent Funding and Valuation
In a recent development in July 2023, Skims successfully raised funds amounting to US$270 million. This funding round further elevated the company’s valuation to a stellar US$4 billion, contributing significantly to Kim’s net fortune.
1. How much is Kim Kardashian’s net worth in 2023?
Kim Kardashian’s net worth in 2023 is estimated to be around US$1.8 billion.
2. What is the valuation of Skims in 2023?
Skims has a valuation of approximately US$4 billion in 2023.
3. How much did Kim Kardashian earn annually?
Kim Kardashian’s estimated annual earnings are around US$75 million.
4. When did Kim Kardashian launch her skincare line?
Kim Kardashian introduced her skincare line, SKKN By Kim, in 2022.
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