Let’s look into the net worth of Kim Kardashian! Her name is associated with glitz, power, and immense wealth. We want to learn more about the complicated finances that make up Kardashian’s empire. Starting from nothing and going through a meteoric rise in the entertainment business, we’ll look at the money that makes Kardashian famous. Come with us as we try to find out how much money one of the most famous people in the world has.
What is the Net Worth of Kim Kardashian Today?
Kim Kardashian has a net worth of $1.7 billion. She is an American reality TV star, model, businesswoman, and publicist. Kim Kardashian is one of the most famous and wealthy people in the world. Kim makes between $50 million and $80 million yearly from her different businesses and growing empire. KKW Beauty Line, which came out in 2017, makes over $100 million annually. Kim sold a 20% stake in KKW Beauty Line for $200 million in June 2020. This made the company worth $1 billion. Estimates from CNW show that Kim’s net worth rose to $900 million after the fundraising round.
Imaginary Ventures gave her $5 million in 2019 so she could start a line of shapewear called Skims. Skims raised $154 million in 2021, worth $1.6 billion. Kim was still the majority owner even after the big round of funding. Skims raised money in 2022 at a value of $3.2 billion. Skims raised $270 million in July 2023, worth $4 billion. Kim’s business partner, Jens Grede, said in a report that Skims made $500 million in 2022 and is on track to make $750 million in 2023.
Kim and Jens will still own most of the company’s equity after the July 2023 funding round. According to rumours, Kim and Jens each own a third of Skims. At the $4 billion value, each of those 1/3 stakes is worth $1.32 billion on paper. Kim Kardashian’s net worth went from $1.4 billion to $1.7 billion after the July 2023 funding round.
Early Life and Education
Kim Kardashian was born in October 1980 in California. Her parents are Robert and Kris Kardashian. She attended a Roman Catholic school for girls only. After her parents split up in 1991, her mother married Bruce Jenner, who won the decathlon at the 1976 Summer Olympics. Kim met Bruce’s step-siblings Burt, Brandon, and Brody, as well as his step-sister Casey and later Kendall and Kylie Jenner. While she was a teenager, Kim made friends with Nicole Richie and Paris Hilton, which first put her in the public eye. Before quitting her job in 2000, she worked at a clothing store for four years after her first marriage.
Career
In 2003, Kim Kardashian styled Brandy. Ray J has a sister named Brandy. On the other hand, Kardashian is said to have charged over $120,000 to Sonja Norwood’s (Brandy’s mother) American Express card in 2004 without her permission. No one believed what Kardashian said about Norwood, but she was sued in 2008 anyway. They finally dropped the case in 2009 after making a deal behind closed doors.
Kardashian began working as a stylist for her childhood friend Paris Hilton in 2006. Hilton and her appearances on the reality show “The Simple Life” brought her even more attention. A PR expert named Sheeraz Hasan says that Kardashian was determined to make her brand a success. A freelance photographer named Rick Mendoza noticed that Kardashian was becoming more well-known, especially when she went to events with Hilton. In 2021, Kardashian acknowledged Hilton’s important role by saying she helped her career get off the ground.
✅2007-2010
Kim Kardashian and Ray J’s sex tape from 2003 got out online in February 2007 and got a lot of attention across the country. Kardashian sued Vivid Entertainment for putting out “Kim Kardashian, Superstar,” but three months later, she dropped the suit and agreed to pay $5 million. Vivid was able to sell the tape and made almost $1.5 million in six weeks. The media said Kardashian and her family put out the tape to promote their reality show.
In October 2007, Kardashian, her mother Kris Jenner, stepmother Caitlyn Jenner (then Bruce Jenner), siblings Kourtney, Khloé, and Rob Kardashian, and half-sisters Kendall and Kylie Jenner started to show up on “Keeping Up with the Kardashians.” Because of how well it did, there were many follow-ups, such as “Kourtney and Kim Take New York” and “Kourtney and Kim Take Miami.” After 294 episodes, the main show ended in June 2021.
In addition to reality TV, Kardashian posed naked for Playboy in December 2007 and was on the cover of Romanian Playboy in November 2010. “Dancing with the Stars” season seven was her first movie, and “Disaster Movie” was her second. Kardashian also released her perfume, workout DVDs, and the book “Kardashian Konfidential” with her sisters.
People first saw her music video for “Jam (Turn It Up)” at a party in Las Vegas on New Year’s Eve 2010. Even though people didn’t like how she sang, Kardashian said the song would help cancer research because both The Dream and one of her parents died of cancer. She produced “The Spin Crowd” and appeared on “The Apprentice” and “90210” with her sisters Khloé and Kourtney.
✅2011-2016
Kim released her third perfume, “Gold,” and wrote a book with her sisters Kourtney and Khloe called “Dollhouse” in 2011. The same year, E! reportedly agreed to pay $50 million to keep the reality show “Keeping Up with the Kardashians” going for two more seasons. Kardashian also put out her fourth fragrance, “True Reflection,” with Dress for Success and her fifth fragrance, “Glam,” through Debenhams.
Kardashian was in Tyler Perry‘s movie “Temptation: Confessions of a Marriage Counselor” in 2013. In 2014, she released her mobile game “Kim Kardashian: Hollywood,” which was a big hit, making $1.6 million in its first five days. During the same year, she also did a character’s voice in an episode of “American Dad!”
Kardashian was in the news in 2014 when her naked photo on the cover of Paper magazine’s winter issue with the caption “Break the Internet” went viral. The 2015 book “Selfish” was her portfolio of self-taken photos, and she was the cover model for Vogue Spain’s August issue. For iOS devices, she also released the popular emoji pack “Kimoji.”
Reports said that by November 2016, Kardashian made at least $300,000 for each social media post promoting different brands and charities. Business Insider thought her fee was about $720,000 per Instagram post, even though her engagement data was slightly lower. Because she was in the news so often, she could charge more for sponsored posts than the calculated rates would have allowed.
✅2017-Present
Kim and sisters Kourtney and Khloé opened Dash in Calabasas. From 2006 to 2018, they ran the chain. Kardashian launched K.K.W. Beauty and Fragrance in 2017.
Kardashian and Cox created Glam Masters, a February 2018 Lifetime reality show. Eight episodes featured beauty bloggers competing for the title of “Glam Master” and the chance to work with Kardashian on a K.K.W. Beauty makeup line and join her “glam squad.” Kardashian and show winner Argenis Pinal made “Créme Color Sticks.” On June 8, 2018, she had a small role in Ocean’s 8.
Next, Kardashian and Lionsgate Television created the September 2018 Facebook Watch reality show You Kiddin’ Me, a hidden camera prank. She appeared with her sisters and Kris Jenner in the first episode. Kardashian, Kris, John, and Chrissy appeared in November’s N.B.C. special A Legendary Christmas.
Skims first worked with Nordstrom in February 2020. Kardashian and her team expanded Skims by adding lingerie, bodysuits, loungewear, dresses, winter clothes, and men’s and women’s clothes. Skims has had U.S., European, and Asian pop-up shops since 2021. The brand made Team U.S.A. women’s athletic wear for the 2020 Summer Olympics and June 2021 Paralympics.
After a capsule collection with the U.S. team, Skims athletes wore their clothes to the 2022 Winter Olympics. Skims and Fendi released shapewear, leather dresses, and bodysuits in November 2021. Kardashian won the 2021 W.S.J. Brand Innovator Award and the 2023 CFDA Innovation Award for Skims. It was $4 billion in July 2023. Time named Skims one of 2022’s 100 most influential companies.
Personal Life
Many people are interested in and suspicious of Kim Kardashian’s personal life. Robert Kardashian and Kris Kardashian gave birth to her on October 21, 1980, in Los Angeles, California. She grew up with Kourtney, Khloé, and Rob as siblings. In 1991, her parents got a divorce. After that, her mother married Bruce Jenner, giving her step-siblings.
When it comes to relationships, Kardashian has been married more than once. In 2000, she married music producer Damon Thomas. In 2011, Kim married NBA player Kris Humphries; she married rapper Kanye West in 2014. Kim Kardashian and Kanye West have four kids together. Their relationship and divorce, which got a lot of attention from the media, were both very public.
In addition to her personal life, Kardashian has built a vast business empire. Kim became famous with the reality TV show “Keeping Up with the Kardashians,” which started in 2007 and followed her family’s life. She has also begun successful businesses in fashion, beauty, and technology. She started her own beauty and fragrance lines, KKW Beauty and KKW Fragrance. Kim also created the shapewear company Skims.
Kardashian has gotten both praise and criticism throughout her career for how she has changed popular culture and how well she has used social media to build her brand. People worldwide are still interested in her personal life, making her one of the most famous people in modern celebrity culture.
Wealth Facts About Kim Kardashian
- Kim bought a $4.8 million home in Beverly Hills in March 2010. It’s a five-bedroom house in the Tuscan style that sits on four acres of some of the world’s most expensive land.
- Before, Kim only made about $15,000 per episode of her reality show. Now, her pay has gone up to $500,000.
- In the Presidential Suite of the Ganesvoort Hotel, Kim and her then-husband Kris Humphries stayed while filming “Kourtney and Kim Take New York” for a few weeks. Every night, the suite costs $7000.
- Lorraine Schwartz made her a headpiece with 65 sparkling diamonds that cost $2.5 million. She also wore a 20.5-carat diamond engagement ring that cost $2 million and $5 million earrings with 28 diamonds that were worth that much. On her big day, she wore jewelry worth more than $10 million all together. There was also the $150,000 she spent on makeup and hair.
- In 2014, she made $28 million.
- She was the highest-paid celebrity in the world for the first time when she made $53 million in 2015.
- Since 2015, she has made between $50 and $80 million a year.
Other Business Ventures
✅Real Estate
Kim bought a mansion in Bel Air, Los Angeles, for $9 million in 2013. She and Kanye spent a lot of money making significant changes to this house and lived there while their development in the Hidden Hills continued. Kim sold the house in Bel Air for $18 million in 2017. Kim’s main home since August 2014 is a big mansion in Hidden Hills, California, in a gated community. They paid $20 million for the house from a doctor. Lisa Marie Presley sold the home to the doctor for $5 million.
Kim and Kanye then spent the next two years remodelling their whole house. They started from scratch in 2016 because Kanye wanted more than the result. During two deals in 2019, they bought nearby homes to make their total land area 7.5 acres. In addition to a custom-built mansion, the property has two swimming pools, two spas, a private vineyard, and a full-sized basketball court. In 2018, they had to leave home because a wildfire was approaching. Kim and Kanye knew they were safe because their insurance covered private firefighters. It wasn’t just Kim and Kanye’s house that the firefighters saved; the whole neighbourhood did, too.
Kim asked Kanye to officially give the house to her in September 2021 for $23 million. About $3 million went to the things inside the house. Kim paid $70 million in September 2022 for this 3+ acre Malibu home that used to belong to Cindy Crawford and Rande Gerber.
✅Instagram Earnings
Kim gets $300,000 to $500,000 for each paid Instagram post. Her earnings have reached $1 million. Her lawsuit against Missguided USA in May 2019 proves these numbers are correct. Kim said in the lawsuit that Missguided copies the clothes she wears and gives customers the impression that Missguided is working on the clothes with her.
Court papers showed that Kim makes $300,000 to $500,000 per post and has made as much as $1 million more than once. The papers show that Kim turns down many offers from brands she doesn’t want to work with and instead picks a few partners each month. Kim likely makes more than $1 to $2 million monthly from Instagram. More than 359 million people follow her on the platform as of June 2023.
✅Endorsements and Deals
Kim made $72 million from her jobs between June 2018 and June 2019. From 2019 to 2020, she made $50 million. A lot of Kim’s annual income came from endorsement and licensing deals. She made much money from the mobile game “Kim Kardashian: Hollywood” and royalties.
In the end, more than 60 million people downloaded the game, which made $200 million. Kim still keeps 28% of the money that the app makes. Aside from the app, Kim makes yearly money through endorsements, appearance fees, her reality TV salary, and paid Instagram sponsorships. She also has a line of tanning products and a line of clothes at Sears.
Kim Kardashian Net Worth Milestone
In October 2009, we began keeping track of Kim’s net worth. We thought she was worth $10 million at the time. Her wealth had grown to $20 million by 2011. She was worth $40 million by January 2013. Kim’s wealth increased over the next five years but in a good way. She was worth $85 million by 2015. 2017, she was worth $150 million, almost twice as much again. Kim Kardashian has a net worth of $350 million as of April 2020.
When it came out on June 29, 2020, that Coty Inc. had bought a 20% stake in KKW Beauty for $200 million, we raised Kim’s net worth to $900 million. The brand was worth $1 billion after that deal. After the agreement, Kim still owned 72% of the company worth $720 million.
In April 2020, we discovered that Skims had raised $154 million at a valuation of $1.6 billion. This made Kim’s net worth $1.4 billion. People think she still owns 50–60% of the company.
FAQ’s
1. What is Kim Kardashian’s net worth?
Kim Kardashian is estimated to be $1.7 billion dollars as of January 2024!
2. How did Kim Kardashian build her wealth?
Kardashian rose to fame through the reality TV show “Keeping Up with the Kardashians,” which provided a platform for her to launch successful businesses in fashion, beauty, and technology. She capitalized on her social media presence and leveraged her brand to create lucrative partnerships and endorsements.
3. What are some of Kim Kardashian’s business ventures?
Kim Kardashian has launched several successful ventures, including KKW Beauty, KKW Fragrance, and the shapewear brand Skims. She has also collaborated with various brands and retailers, expanding her reach in the fashion and beauty industries.
4. What impact has Kim Kardashian had on popular culture?
Kim Kardashian’s influence on popular culture is immense. She has redefined celebrity branding and social media marketing, paving the way for influencers and entrepreneurs. Her style, beauty, and lifestyle choices often set trends and shape consumer behavior.
5. How does Kim Kardashian’s net worth compare to other celebrities?
Kim Kardashian’s net worth places her among the wealthiest celebrities globally. While exact rankings may vary, she is often listed among the top earners in the entertainment industry due to her diverse revenue streams and entrepreneurial endeavors.
6. Has Kim Kardashian faced any controversies regarding her wealth?
Kardashian has faced scrutiny and criticism over various aspects of her wealth, including allegations of cultural appropriation, controversies surrounding her business practices, and debates about her contributions to society versus her personal gain.
7. What philanthropic efforts has Kim Kardashian been involved in?
While primarily known for her business ventures, Kim Kardashian has also been involved in philanthropy. She has supported various charitable causes, including criminal justice reform, prison reform, and initiatives focused on social justice issues.
8. How has Kim Kardashian’s net worth evolved over the years?
Kim Kardashian’s net worth has seen significant growth since her rise to fame in the early 2000s. As she diversified her business interests and expanded her brand, her wealth has continued to increase, making her one of the most financially successful celebrities of her generation.
Conclusion
Finally, Kim Kardashian’s net worth shows how successful she is as an entrepreneur and how much she has impacted the beauty, fashion, and entertainment industries. From her start on reality TV to her current status as an icon, Kardashian has used her fame to build a vast empire and change what it means to be a celebrity.
She has become one of modern society’s most influential and wealthy people because of her unwavering determination, creative business ideas, and intelligent marketing strategies. With her growing wealth and popularity, Kim Kardashian will always symbolise drive, determination, and success in the modern world.