Kim Kardashian's Net Worth
Share your thoughts on how Kim Kardashian's business empire, from Skims to reality TV, has skyrocketed her net worth to impressive heights.
By Joseph White
Published Sep 27, 2024
Table of Contents
- What Is Kim Kardashian’s Net Worth?
- What Is Kim Kardashian’s Claim To Fame?
- What Businesses Does Kim Kardashian Own Or Is A Part Of?
- What Brands Has Kim Kardashian Endorsed?
- How Does Kim Kardashian Spend Her Millions?
- How Many Houses Does Kim Kardashian Own?
Kim Kardashian has carved out a unique space in the world of entertainment and business with her blend of reality TV stardom, beauty empire, and high-profile ventures. Her captivating public presence matches her impressive $1.7 billion net worth, placing her among the wealthiest and most influential figures in pop culture today.
Net Worth | $1.7 Billion |
---|---|
Salary | $80 Million |
Date of Birth | October 21, 1980 |
Place of Birth | Los Angeles, California, U.S. |
Gender | Female |
Height | 5' 2" |
Profession | Media Personality, Businesswoman |
Nationality | American |
Marital Status | Divorced |
Children | 4 |
No. of Houses | 6 |
No. of Cars | 8 |
What Is Kim Kardashian’s Net Worth?
As of 2024, Kim Kardashian has a net worth of $1.7 billion and is on Forbes's “American Self-Made Women” list.
Kim Kardashian's net worth rise started in 2015 as she was valued a $85 million media personality and businesswoman at that time. Within just two years, her wealth jumped up in scale to $170 million. As years passed, Kim's fame and fortune started to bulk up at an exponential rate reaching the $1 billion mark in 2021. The "Keeping Up with the Kardashians" host is currently on Forbes's “America's Self-Made Women” list ranking at #21. All of this fortune Kim made was possible because of her two most successful business ventures - "KKW" and "Skims" where Skims is currently valued as a $4 billion company and Kim currently owns 33.3% of the shares.
Kim Kardashian also has several endorsement deals under her hat and earns millions from appearances at events. In 2020, Kardashian sold a 20% stake in KKW Beauty to Coty Inc., a multinational beauty company, for $200 million, which valued the company at $1 billion. Aside from her businesses, Kardashian has also made substantial investments in real estate worth an estimated $100 million. Meanwhile, Kim K. has been paid around $300,000 just for showing up to celebrate New Year's at 1OAK in LA.
What Is Kim Kardashian’s Claim To Fame?
Kim K's rise to fame started with her family's show and now she owns a multi-billion dollar business empire but what happened between these two events? Ever wondered?
- Keeping Up with the Kardashians: Kim Kardashian rose to prominence through her involvement in the reality television series "Keeping Up with the Kardashians." The show, which debuted in 2007, documented the daily lives of the Kardashian-Jenner family, which included Kim, her siblings Kourtney, Khloé, Rob, Kendall, and Kylie Jenner, as well as her mother Kris Jenner.
- Sex Tape: Kim K's rise to fame was due to an intentional sex tape of Kim and her ex-boyfriend Ray J was leaked online in 2007. Although initially viewed as a scandal, Kim Kardashian effectively transformed the situation to her advantage. She strategically harnessed the attention to build her personal brand and pursue various entrepreneurial ventures.
- Kanye West: The big news covering Kim circulated worldwide as she married renowned rapper and music mogul Kanye West back in 2014 after a very publicized relationship from 2011. Kanye even made several special appearances before the wedding on Kim's “Keeping Up with the Kardashians” reality show flaunting their relationship goals.
- Start of KKW Beauty: Over time, Kim Kardashian has emerged as a prominent figure in the entertainment industry, amassing a considerable following on social media platforms. She made her presence prominent in 2017, establishing KKW Beauty, her own makeup line. The company grew exponentially and in 2020 it was valued at $1 billion.
- SKIMS success: The year 2019 caught the media attention also as Kim came out with another of her business brands - SKIMS, a line of shapewear. From starting the company by raising $5 million to make it a $4 billion holy grail brand in 2024, the rapid growth of the brand certainly helped her reach the pinnacle of the business and media world simultaneously.
- The Divorce: After 7-years of marriage, Kim stunned the media world in 2021 by announcing that she had filed a divorce from Kanye. When asked about the reason, Kim stated, “I married the best rapper of all time. Not only that, but he is the wealthiest black guy in America. So, when I divorced him you have to know it came down to just one thing, his personality.”
What Businesses Does Kim Kardashian Own Or Is A Part Of?
Kim Kardashian is a self-made businesswoman and entrepreneur who has launched a number of businesses over the years. Here are some of her top businesses and their details:
Note: Revenue and earning details for some companies are not mentioned as the data regarding those brands are publically undisclosed.
- SKIMS: SKIMS is Kardashian's shapewear and loungewear brand, which she launched in 2019. The brand raised $5 million from Imaginary Ventures upon its launch and by 2021 SKIMS stood with a $1.5 billion valuation. Following 2022 and 2023, the brand secured a whopping $3.2 billion and $4 billion valuation respectively. Kim currently holds 1/3 stakes in the company putting the value of her shares at $1.32 billion.
- KKW Beauty & Fragrance: The second most successful brand Kim launched was KKW Beauty & Fragrance back in 2017. The company reached the $1 billion valuation mark back in 2020 after “KiKi” sold 20% of her KKW shares to Coty Inc. for $200 million. Kim retained a 72% stake after the deal, which has a value of $720 million. She has sold fragrances such as True Reflection Perfume, Kim Kardashian Love, Kim Kardashian Gold, and Kim Kardashian.
- SKKN By Kim: The media mogul launched SKKN by Kim back in June 2022 with the help of Coty as a skincare line. The brand is currently valued at $1 billion and Kim is also considering buying back the 20% stakes she sold to Coty. SKKN sells products like cleanser, exfoliator, Vitamin C serum, and more.
- SKKY Partners: SKKY Partners is a consumer-focused private equity firm founded by Kim Kardashian and Jay Sammons back in March 2023. Despite the firm's goal to land $1 billion in funding, it only secured $121 million (6% of the initial target).
- Kardashian Kloset: Kardashian Kloset is a luxury designer clothing resale site that Kim launched back in 2019. She finally launched the first retail location for Kardashian Kloset back in 2021 at Resorts World Hotel in Las Vegas. However, there are no details available about the brand's revenue and earnings.
- Kim Kardashian: Hollywood: Kim ventured into game development and partnered up with Glu to launch her own mobile game - “Kim Kardashian: Hollywood” in 2014. The game was an instant hit grossing a total of $74.2 million in its first six months. To this day, Kim charges 28% of the total earnings generated by the game.
- Dash: In 2006, while Kim was working as a personal stylist for Paris Hilton, she along with Kourtney and Khloe launched a clothing boutique chain named Dash. Before the company was defunct in 2011, it had outlets in New York City, Los Angeles, and Miami.
- Selfish: In 2015, Kim K. sold around 32,000 copies of the coffee table photobook, Selfish across the globe. It had a collection of 350 unpublished selfies.
- ShoeDazzle: The company was founded in 2009. Before it was sold off to JustFab, Kim K's online fashion subscription service was a successful business. It offered curated shoes, bags, and jewelry each month to around 10 million subscribers.
- Kimoji: It was at the start of the celebrity emoji app trend and was making $1 million each minute. It was one of the top-selling apps on the Apple app store. Kim also sold Kimoji merchandise such as fragrances, phone cases, and pool floats.
What Brands Has Kim Kardashian Endorsed?
Kim Kardashian has been a brand ambassador for several companies throughout her career. Here are some of the notable brands she has worked with:
- Balenciaga: Kim initially cut her ties with the brand back in 2022 following the brand's controversies but recently she has been appointed as the brand ambassador for Balenciaga in 2024. While the details regarding the endorsement are not public yet, Kim personally owns 129 Balenciaga purses. the entire purse collection is worth an estimated $387,000.
- Alani Nu: Back in July 2023, Kim partnered up with health and wellness brand Alani Nu to feature an exclusive energy drink “Kimade”. The founder of Alani Nu even expressed her excitement stating, “We are thrilled to collaborate with Kim, who is such an amazing female powerhouse and entrepreneur…”
- Calvin Klein: Kardashian has been a brand ambassador for Calvin Klein, appearing in several campaigns for the fashion brand. She also collaborated with Calvin Klein on a range of undergarments and loungewear in 2018.
- Balmain: Kardashian has worked with the luxury fashion brand Balmain on several occasions, including serving as the face of the brand's fall/winter 2016 campaign. Kim and Kourtney even showed up at the spring/summer 2017 show by Balmain’s.
- SugarBearHair: Kardashian has promoted the hair vitamin brand SugarBearHair on her social media accounts, often sharing discount codes for her followers which dates back to 2016.
- OPI Nail Polish: Kardashian collaborated with the nail polish brand OPI on a collection of nail lacquers in 2011 with a guaranteed $100K plus a cut of the nail polish profits.
- Lumee: Kardashian also collaborated with the phone case brand Lumee in 2016 on a line of phone cases with built-in lighting to enhance selfies. Back in 2017, Kim even faced a $100 million lawsuit over patent infringement.
- Beast by Dre Collab: In 2022 Kim's collab with ‘Beats by Dre’ was a special partnership that is now back for its second installment. Currently, three limited-edition lines of Beats Fit Pro headphones are available and are breaking the internet.
- Skechers: Back in 2011/12 Kim was tied with the renowned shoe brand Skechers and campaigned for their "Shape-Ups" shoe lineup. Although the details of the deal are unknown, later in 2012. Skechers faced a $40 million lawsuit regarding false representation of their shoes and paid the customers $40 million.
- Sears: Kim started her partnership with the department store company, Sears in 2011. However, Sears dropped the Kardashian Collection in 2015 citing a decrease in sales and popularity. Meanwhile, Kim wasn't the only Kardashian to be featured in promotions for Sears. Her sisters Khloe and Kourtney were also included.
- Fusion Beauty: In 2010, Kim K became the face of the LipFusion Franchise by Fusion Brands Inc. She also helped in launching the brand's then-new Illumifill line-filling luminizer. As part of the campaign, Kim was featured in print advertisements. At the same time, she also made several in-store appearances.
- MasterCard: Kim thrashed her deal with Sears but Forbes described her partnership with MasterCard as a "rip-off". She and her sisters launched Kardashian Kard, a prepaid MasterCard debit card aimed at teens. The car was produced in collaboration with Mobile Resource Card. It was an expensive card and even required a 2.5% fee for instant transfers from a credit card or debit card.
- Belle Noel: In 2011, Kim launched her own jewelry line, Belle Noel which was sold only at Bloomingdales. Yes, the same sacred place that Rachel Green loved. She created pieces of jewelry such as rings, necklaces, and earrings with the designer Pascal Mouawad but this was hardly a success.
- Topshop: According to to Observer, Kim charged $50,000 for helping the brand open its outlet in LA. The fashion brand is owned by Sir Philip Green and it sells women's clothes, shoes, and other accessories.
- Kardashian GLAM Silly Bandz: Silly Bandz partnered with Kimberly Kardashian and other members of the Kardashian family including Kris Jenner to launch a pack of Silly Bandz, a 24-piece set. The collection had the Dash logo, kiss lips, sunglasses, a diamond ring, kiss lips, and other items in silhouettes of each Kardashian.
- Radiant: Home LASER hair removal system TRIA by Radiant beauty firm sued Kim for misleading comments she made to TMZ and other media outlets that she was the face of the brand and she was using the product all over her body even though it had been advised not to.
- The Sugar Factory: In 2015, Kim came out with Kardashian “Couture” lollipops made by a brasserie and candy shop chain, Sugar Factory. To promote the $25 lollipops, Kim would carry her $1 million diamond-encrusted lollipop to several events.
- QuickTrim diet pills: Since 2009, Kim promoted diet pills and made the company around $45 million. However, in 2012, when the law eventually caught up to her, Kimberly Kardashian was named in a $5 million class action lawsuit by four plaintiffs who used the product.
- Midori liqueur: Kim K has been the face of the neon green melon liqueur brand for almost two years since 2011. However, she stopped her collaboration with the company and also stopped drinking after becoming pregnant with her and Kanye West's first child, North West.
- Carl's Jr.: The American fast-food restaurant chain recruited Kimberly to star in a salad commercial. In 2010, she promoted the brand's then-new cranberry apple walnut chicken salad.
- Beach Bunny swimwear: Along with her sisters Kourtney Kardashian and Khloe Kardashian, Kim Kardashian promoted the swimwear collection by Orange County, California brand, Beach Bunny Swimwear in 2010. The swimwear was available for $175 and less.
- Charmin public restrooms: Kim K helped in opening up a new Charmin public restroom in Times Square, New York on the occasion of the 2010 holiday shopping season.
- Apple and Beats: In 2024, Apple released Beats x Kim Kardashian Studio Pro headphones. The new limited edition headphones with 40mm drivers offer 40 hours of battery life. Kim was featured in the ad with all three colored (Moon, Dune, and Earth) headphones each available for $349.9. Buyers can order them on Amazon and the Apple website or just go to the selected Apple stores. She was also featured in another ad with Jimmy Fallon.
- Bissmar: Kim K's Signature Watch Collection in collaboration with Bissmar was launched at Whisper Lounge in LA, California in 2010. The ladies' watches were offered in the range of $250 to $500.
- PerfectSkin: In 2010, Kim and her sisters were part of a campaign by PerfectSkin. They “created” and sold three skin-care products with respect to their skin type and were featured in commercials.
- Instagram Posts: As per reports, Kim normally charges $300,000 - $500,000 for every paid Instagram post for ads and products. There are instances that the pay increases to $1 million per post. Currently, Kim has 360 million followers on Instagram and earns $1-$2 million per month from paid Instagram posts. She has promoted or shouted out to products such as Body Drench Quick Tan Instant Self Tanner. She has posted for Balenciaga, Marc Jacobs, and more.
How Does Kim Kardashian Spend Her Millions?
For a self-made billionaire woman, every penny spent should be calculative and must hold some value to her future return and that's why Kim mostly spends her money on real estate. Her real estate portfolio is an impressive collection of estates and mansions compared to her sisters. She also has a taste in luxury cars inflicting her fondness for a comfortable and hip lifestyle.
How Many Houses Does Kim Kardashian Own?
Kim Kardashian's net worth allows her to live a luxurious lifestyle, and she has owned several homes over the years. Here are some of the houses that she has owned:
- Beverly Grove Condo: In Kim's early days she picked up a condo in Beverly Hills back in 2005 for an undisclosed amount. However, 5 years later, Kim sold the 1,720 square feet property for $885,000. The condo featured 3 bedrooms and 2.5 bathrooms.
- Beverly Hills Home: In 2012, during Kim's relationship with NBA player Kris Humphries, she bought an estate for $3.5 million. This property was sold in 2013 for an undisclosed amount. The Tuscan-style home had 5 bedrooms, 4.5 bathrooms, a custom walk-in closet, a pool, multiple fireplaces, and a chef’s kitchen.
- Bel Air Mansion: In 2013, Kardashian and her husband, Kanye West, bought a mansion in the Bel Air neighborhood of Los Angeles for $9 million after Kim was pregnant with her first child with Kanye. The house was sold for $17.8 million in 2017 after the couple's divorce.
- New York City Apartment: In 2013, Kardashian and Kanye West bought a condo in a luxury building in New York City's Soho neighborhood for an undisclosed amount. The apartment was put on the market in 2019 for a $4.7 million price tag.
- Second Hidden Hills Homes: One of Kardashian's most renowned properties is the 15,667 square feet residence in Hidden Hills that Kim and Kanye bought back in 2014 for $20 million. The couple paid an extra $2.925 million for a 1.49-acre property just beside the home to expand the existing space. Finally, in 2021, Kim bought the whole property from Kanye and paid him around $23 million.
- Calabasas Condo: A luxury complex in Calabasas was next to Kim's purchase list. She paid $1.6 million for the condo in 2017 but put it up for sale in 2019 for $3.5 million. She had to lower the price again in 2023 to $2.7 million and is currently on the market for sale. Before parting ways with the 2,260-square-foot condo, Kim was using it as office space.
- Malibu Home: KiKi's most recent real estate purchase is her Malibu Mediterranean-style villa which she obtained back in 2022 for a sprawling $70.4 million. This 7,450 square feet of pure luxury belonged to Cindy Crawford once. It has a spa, a tennis court, and a poolside cabana with an outdoor fireplace.
How Many Cars And Other Luxury Vehicles Does Kim Kardashian Own?
Kim Kardashian is known for her love of luxury cars and has owned several high-end vehicles over the years, often showcasing her luxurious vehicles on social media and in the media. For more details check out Kim Kardashian's car collection here.
- Rolls-Royce Ghost: Probably the most known luxury car in Kim Kardashian's car collection is her Rolls-Royce Ghost. Once in a short video, she revealed her “Gray Collection” including her infamous Rolls-Royce painted in a custom “Ghost Gray” paint job to match her Hidden Hills mansion.
- Tesla Cybertruck: Kim's most recent spending on cars resulted in a Tesla Cybertruck. In February 2024, Kim was spotted multiple times showcasing her steel-gray Founders Edition Cybertruck. She even headed for the 2024 Super Bowl with her recent Tesla purchase.
- Lamborghini Urus Mansory WideBody: The next car in line is itself an Italian masterpiece and for Kim to tune it with Mansory fittings shows her rich taste in leaving unique touches to her cars. She even received backlashes for once covering it with fluffy white fabric back in 2021.
- Mercedes-Maybach S580: Kardashian got her Maybach S580 as a gift from Kanye when they were together. She even mentioned this particular car as her “favorite baby ever” during an interview with Vogue.
Yacht: Kardashian has been spotted on several yachts, including a 161-foot vessel named "Seas The Day" that she rented for a family vacation in the Caribbean. The $15 million yacht is equipped with amenities like a hot tub, a gym, and a cinema room.
Private Jet: Kardashian and her family often travel on private jets, which allow them to fly in comfort and style. However, Kim personally owns a Gulfstream G650 bizjet aka "Kim Air" which cost a whopping $150 million.
What Are Kim Kardashian's Charitable Contributions?
Kim Kardashian has been involved in several charitable contributions and philanthropic endeavors throughout her career. Here are some examples of her philanthropic work:
- The Bail Project: In 2020, Kardashian announced that she was donating $1 million to The Bail Project, a non-profit organization that provides bail assistance to low-income individuals who are unable to pay bail.
- The Children's Hospital of Los Angeles: Kardashian has supported The Children's Hospital of Los Angeles for many years. In 2013, she donated 1,000 toys to the hospital's patients and also participated in a charity auction to raise money for the hospital.
- Prison Reform: Kardashian has been a vocal advocate for prison reform, working to promote criminal justice reform and free people who have been wrongfully convicted. In 2018, she successfully lobbied for clemency for Alice Marie Johnson, a non-violent drug offender who had been serving a life sentence.
- Armenia Fund: Kardashian is of Armenian descent and has been involved in several charitable initiatives to support the country. In 2019, she donated $1 million to the Armenia Fund to support relief efforts in the country.
- Red Cross: Kardashian has also worked with the Red Cross to support disaster relief efforts. In 2012, she donated a portion of the proceeds from her eBay auctions to the Red Cross to support relief efforts in the aftermath of Hurricane Sandy.
- Dream Foundation: Kardashian has also supported the Dream Foundation, a non-profit organization that helps fulfill the wishes of terminally ill adults. In 2011, she attended the organization's annual gala and auctioned off a shopping spree with herself to raise money for the cause.
Through her philanthropic work, Kardashian has used her platform and resources to make a positive impact in the world. Her efforts to promote prison reform and support disaster relief efforts demonstrate her commitment to using her influence for the greater good.
About Kim Kardashian's Marriage & Divorce Settlement With Kanye West:
Kim and Kanye's marriage was one of the most publicized and celebrated marriages in the industry considering the magnitude of each person's status in their respective filled. Kim's walk to the marriage aisle back in 2014 was itself big news and not to forget that she donned $10 million worth of jewelry and spent $150,000 alone on hair and makeup on her big day. When Kim and Kanye's divorce was finalized they had a combined asset possession worth $2.1 billion. There were no prenup agreements involved and Kanye settled with a $200,000 monthly child support to Kim.
What’s Next For Kim Kardashian?
After her separation from Kanye West, Kim has been overly focused on expanding her various businesses recently. A second SKIMS store has been announced which will open later this year in New Your City. She has also talked about her plans to do films, she stated, “I’ve got about 10 years where I still look good, so that’s all I’ve got in me. I can do a movie a year. I’ve got about 10 years where I still look good, so that’s all I’ve got in me, and then I’ll take some time off…”
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FAQs
What are some of Kim Kardashian's business ventures?
Kim Kardashian has a number of successful business ventures, including her own makeup line called KKW Beauty, a shapewear line called SKIMS, and a fragrance line. She has also launched mobile games and has endorsed various products through social media.
What is KKW Beauty?
KKW Beauty is a cosmetics brand founded by Kim Kardashian. It offers a wide range of makeup products, including foundations, concealers, lipsticks, eyeshadow palettes, and more. The brand is known for its inclusive shade ranges and emphasis on achieving a flawless, contoured look.
What is SKIMS?
SKIMS is a shapewear and loungewear brand launched by Kim Kardashian. It focuses on providing comfortable and supportive undergarments and clothing for various body types. SKIMS offers a diverse range of products, including bodysuits, bras, underwear, shapewear, and loungewear items.
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