Kimberly Noel Kardashian, famously known as Kim Kardashian, is a television personality, entrepreneur, and fashion designer. She is well known for the reality tv show, “Keeping Up With The Kardashians.”
She has a net worth of 1.8 Billion USD, making her the richest Kardashian. Her wealth has been mostly attributed to her KKW Beauty company. Let us take a look at how Kim Kardashian spends and makes her money.
Kim Kardashian’s Net worth
The current Kim Kardashian net worth is 1.8 Billion USD
Last five years’ Net Worth
| Year | Net Worth |
| 2023 | 1.8 Billion USD |
| 2022 | 1.2 Billion USD |
| 2021 | 1 Billion USD |
| 2020 | 0.9 Billion USD |
| 2019 | 0.8 Billion USD |
Kim Kardashian Net Worth Graph
Early life
Kimberly Noel Kardashian, the second of the late Robert Kardashian’s four children with his first wife, Kris Jenner, was born on October 21, 1980, in Beverly Hills, California.
It looks like Kim Kardashian was born to be famous. She was Paris Hilton’s preschool classmate, and as a result, she was exposed to Hollywood’s delights and traps as she grew up in the opulence and brightness of Beverly Hills. A well-known attorney, her father founded the music and marketing business Movie Tunes, Inc. Robert was O.J. Simpson’s longtime buddy. He represented the football player in his murder trial as one of his attorneys.
Just before his capture, Simpson fled from the attorney’s house during the infamous Ford Bronco police chase. In October 2003, esophageal cancer claimed Robert’s life.
Her daughter’s career, Kim Kardashian, is managed by her mother, Kris, who also handles business matters for the rest of her four well-known children. 1989 saw the end of her marriage to Robert.
She initially became well-known in the media due to an invitation from her childhood friend Paris Hilton to appear as a guest on multiple episodes of The Simple Life between 2003 and 2006. This aided her in breaking into the competitive worlds of Hollywood fashion and show business.
Kim Kardashian Investments and Income Sources
Kim Kardashian is one of the most well-known figures in popular culture. She has achieved nothing less than extraordinary success over the years, both in the economic world and on television. She earned her place on the Forbes Billionaires List when her estimated net worth climbed to $1 billion in April 2021.
She is a socialite, social media and TV influencer, and business tycoon. She owns a majority of the two incredibly successful companies KKW Beauty. It makes cosmetics, and SKIMS, which makes shapewear.
SKIMS recently received a $3.2 billion valuation, which will increase her net worth by over $1.8 billion in January 2022. The remaining portion of her wealth is scattered through reality TV deals, brand endorsement agreements, and smaller, more recent investments. Let us take a look at the assets and income sources of Kim Kardashian.
Sex Tape
Even though she had ventured into business, it was her infamous sex tape with R&B musician Ray J that propelled her to stardom. Early in 2007, Vivid Entertainment, a sizable adult film studio, obtained a v of Kardashian and the rapper in bed.
Kim Kardashian Superstar, the video that Vivid labeled it, s highly publicized after paying million for the rights to the 30-minute clip. Videotape Kardashian swiftly retaliated by filing a lawsuit for violation of privacy. However, she consented to a $5 million settlement in May 2007, three months after the tape’s release.
Around the time the song was released, the E! Network aired a new reality TV series called Keeping up with the Kardashians. Kardashian began to appear on television for something entirely different.
Keeping Up With The Kardashians Reality TV
The Kardashian and Jenner families signed a deal with E! to star in the unscripted reality TV series Keeping Up With The Kardashians. It gave Kim Kardashian her big break after her brief appearance on The Simple Life.
The show’s use of the tried-and-true family drama formula was a great hit. It immediately rose to the top of Sunday !’s ratings and attracted more than a million viewers in its first month. Each family member reportedly received $15,000 per episode during the show’s first season.
During the show’s last season, this figure increased to roughly $900,000. The Kardashians may now be concentrating on their projects, but Keeping Up With The Kardashians was the show that launched them into Hollywood prominence.
Her Business Empire
Kim established KKW Beauty in 2017 using a direct-to-consumer, social media marketing-based business model inspired by her stepsister Kylie’s success with her cosmetic line. It was a big success, and her initial launch of 300,000 contour kits sold out in hours.
When KKW Beauty reached its $100 million revenue mark in 2018, it had grown into other cosmetic products like eyeliners, lipsticks, concealers, et cetera. Coty Cosmetics signed a $200 million agreement to buy a 20% share in KKW Beauty in June 2020.
This meant that her business was valued at $1 billion on the market, and the acquisition was finalized in January 2021. She still holds a 72 percent share in KKW Beauty, which is worth over $500 million.
She started her second fashion firm, Skims, a line of shapewear, as a result of the success of KKW Beauty. Kardashian helped Skins attract initial funding from Natalie Massan and Andrew Rosen, among others, by using her sizable social media following to promote the brand.
Sales for the company increased by over 90% to $275 million in 2020 due to catering to the market’s growing desire for trendy comfort clothing during the pandemic. The company had an estimated market value of USD 1.6 billion. It had annual sales expected to approach $400 million by the middle of 2021.
Hedge fund Lone Pine Capita led Skims’ most recent fundraising round. It included participation from D1 Capital, Imaginary Ventures, Alliance Consumer Growth, and Thrive Capital. It saw them raise approximately $240 million in January 2022.
With Kardashian and her partner Jens Grede still owning the majority stake, the company’s valuation increased to close to $3.2 billion. Kardashian released “SKNN,” her newest addition to her line of cosmetics, in June 2022.
According to its marketing, SKNN is a holistic skincare ritual of nine products that the billionaire personally chose. Coty, which invested $200 million in the company for a 20% stake, supports this venture.
Other Income Sources
Although the popularity of KUWTK and her businesses account for most of Kardashian West’s riches, she also makes a sizeable sum of money by using her social media following to negotiate numerous endorsement deals with brands.
2018’s Kardashian said in a podcast that she earns about $1 million from some of her Instagram endorsement deals. She now makes more than she did during an entire season of KUWTK. A freemium mobile game called “Kim Kardashian: Hollywood” allowed users to construct their wannabe celebrities.
They also led them to fame and glory on the Hollywood Red Carpet, released by Kardashian in June 2014. The audience liked the game well, and it quickly rose to the top 5 on the App Store. By the third quarter’s end, the game had attracted over 22.8 million players and brought in an astounding $43.4 million in revenue.
The game still draws millions of players on the apple and android platforms and remains highly popular among fans. Kanye West, Kim Kardashian’s ex-husband, gave her around $100,000 worth of shares in Adidas, Apple, Amazon, Disney, and Netflix in 2017.
In August 2018, the portfolio’s overall value was over $1.1 million. It represented a gain of almost $700,000 over the initial $500,000 investment. She has kept these investments till this point, and they account for a sizable portion of her passive income.
Along with investing in equity, the Kardashian-West power couple spent a staggering $11 million in 2013 buying and remodeling a vast Bel Air property. The pair listed the 3.5 million acre estate at $20 million in 2020 despite never living there, a $9 million premium over their initial investment.
Since her divorce from Kanye West was formally finalized, it appears that the reality TV star is focusing on growing her social media following and making frequent live TV appearances. She most recently hosted Saturday Night Live.
She talked about her marriage problems with Kanye West and her ties to her family. In addition to returning to its roots in reality television, the family recently signed a deal with streaming service Hulu, which was estimated to be worth $100 million.
Philanthropy
Kim Kardashian has donated $1 million to the Armenia Fund. It is a charitable organization founded in 1992 and assists Armenian residents in need. The charity has received overall donations that have helped build Armenian schools, roads, and medical facilities.
The Armenia Fund has raised more than $100 million for villages in Armenia and Karabakh. Kim Kardashian is another supporter of disaster aid. For instance, in 2017, she took donations over the phone for the telethon One Voice: Somos Live.
It was coordinated by Marc Anthony, Alex Rodriguez, and Jennifer Lopez. To restore homes and give people the money to make up for their losses, the television event raised $35 million for Hurricane Maria victims in Puerto Rico.
Real Estate
Kim Kardashian owns several homes that she has acquired. Let us take a look at some.
Malibu Beachfront Mansion
According to reports, Kim spent $70.4 million purchasing a Malibu mansion once owned by Cindy Crawford and was most recently occupied by Barret Swatek and her husband Adam Weiss, the actor in the film Yellowstone.
The extraordinary home was advertised in March for $99.5 million, more than double the $45 million Cindy and her husband Rande Gerbe received when they sold it in 2018. Given that it was the four homes sold in California and Malibu in 2022, it is understandable why Kim couldn’t resist buying it.
The Family Home
After extensive renovations, the $20 million mansion Kim and her ex-husband Kanye West purchased ish-highest-priced thought to be worth $60 million. Kim h referred to the residence’s interior design, created by rapper Kanye and architect Axel Vervoordt, as kin to a “minimal convent.”
Their open-concept kitchen, dining, and living area all feature minimal décor in shades of white, cream, and grey with touches of wood. North, Saint, Chicago, and Psalm, the couple’s four children, continue to reside with her at the mansion, which Kim paid Kanye $23 million after their divorce.
Calabasas Condo
The three-bedroom, four-bathroom home in Calabasas that Kim purchased in 2017 is currently on the market for sale. Architect Vincent Van Duysen renovated it as a birthday present from Kim’s ex-husband Kanye West. The simple design that resulted is comparable to the furnishings in the home she has continued to live in since their divorce.
An open-concept great room with a gourmet kitchen, a covered deck with additional outdoor living space, and resident access to amenities like guest parking, a pool and spa, a fitness center, and a barbecue area are just a few of the home’s highlights. These extras are available for residents for a monthly fee of $685.
Hidden Hills Ranch
The 1950s ranch house, which the 41-year-old purchased for $3 million in 2019, is another property in her portfolio that she plans to sell. It contains a pool, a four-car garage, horse amenities, and four bedrooms and four bathrooms on one level.
It is situated on 1.5 acres of ground. Kim continues to live close by with her four children even though she has never lived in the house.
Car Collection
When it comes to high-end cars, Kim Kardashian knows how to rock. In a Vogue house tour video from February 18, she gave an exclusive peek at her three favorite automobiles from her collection. She was showcasing them and discussing why she adores them so much.
Six months after announcing her intention to divorce her estranged spouse Kanye West in February of that year, the businesswoman bought herself the $600,000 one-of-a-kind Lamborghini in August 2021.
Kim was gifted several 2021 Mercedes-Maybach GLS cars from her ex-husband Kanye West. Kim also has a Rolls Royce Ghost that she bought in July 2021.
Controversies
Kim Kardashian has had her fair share of controversies over the years. Kim has been stirring up since the beginning.
Sex tape with Ray J
You undoubtedly already know Kim gained notoriety and made the Kardashian family famous thanks to an adult tape unless you’ve been living under a rock the entire time. Vivid Entertainment, who leaked the clip, was sued by the plaintiff; however, she later abandoned the case and reached a rumored $5 million settlement.
Kim released a single
She has her own clothing line, cosmetics line, fragrances, and record deal; would you believe it, she almost had a record deal as well. No, seriously. Call her crazy, but Kim gave the music business a shot in 2011 when she released the cringe-inducing, hilarious, and downright bizarre track, Jam. She even had a corny video for the song, as if the music itself wasn’t awful enough.
Kim’s 72 days marriage
Kim Kardashian has been married three times, not just once, not twice, as you probably didn’t know. Damon Thomas, a music producer, was the subject of her first marriage, which ended in divorce three years later.
Kris Humphries, a basketball star, was the subject of her second and most contentious marriage. Kim’s 72-day marriage was a massive media controversy, and she is still troubled by it.
Kim named her daughter North West.
When Kim gave birth to her first daughter, the reaction from her fans was ecstatic. However, the name of the tiny dumpling got people talking.
People made fun of Kim and Kanye West for naming their child “North West,” which made them the target of jokes, derision, and mockery because it is a compass direction. She called her third child “Chicago” and her son “Saint,” but that didn’t make things any better.
Pranked in Paris
Even across borders, Kim Kardashian has caused controversy! Kim and Kanye were assaulted during Paris Fashion Week in 2014 despite having prestigious front-row seats and stylish attire.
Kim was almost violently pulled to the ground as she approached the Balmain show after exiting the car by notorious practical joker Vitalii Sediuk. In the end, the video became very popular.
Kim Kardashian’s photos were hacked
Kim Kardashian was one of the famous people who suffered when unidentified hackers released several celebrity photos in September 2014.
The internet went into a meltdown after her photo on social media went viral. Even though it wasn’t the first time we’d seen Kim in her birthday suit, the incident was still shocking.
Stripping for paper magazine
When Kim’s full-frontal shoot for Paper magazine debuted in November 2014, it formally broke the internet. Kim and her body became the most talked-about topic of the year as a result of the outrageous and incredibly divisive photos, which sparked millions of Tweets, likes, shares, comments, and memes online.
Kim took a “selfie” to prove she was pregnant
In 2015, the scandalous star was charged with using a surrogate to carry her child when she revealed she was growing the Kardashian family. Six months into her pregnancy, Kim posed bare-chested in an Instagram photo to prove that she was indeed pregnant haters and refute the doubters.
Personal life
Regardless of whom she has dated or married, Kim Kardashian’s private life has been in the news for years. Kardashian has had three marriages since the year 2000. She married producer Damon Thomas at 19, despite being ten years her senior. She ended the marriage in 2003 after three years of marriage.
Additionally, she wed NBA player Kris Humphries in 2011, following the depiction of their relationship and engagement on Keeping Up With the Kardashians. Sadly, they parted 72 days after the wedding, and in October 2011, she filed for divorce. After a protracted legal struggle, they parted ways in April 2013.
Kim Kardashian and Kanye West started dating in 2012. 2014 saw Kardashian wed the rapper in an extravagant wedding ceremony in Italy. Daughter North was born in 2013, son Saint was born in 2015, daughter Chicago was born in 2018, and son Psalm was born in the family in 2013. (born in 2019).
After six years of marriage, the founder of Skims filed for divorce, according to a February 2021 report from Us Weekly. In October 2021, after hosting Saturday Night Live, Kardashian broke up with Pete Davidson. But after nine months of dating, Us Weekly announced in August 2022 that the couple had broken up.
Summary
| Date of Birth | October 21, 1980 |
| Age | 42 |
| Gender | Female |
| Zodiac Sign | Libra |
| Net worth | 1.8 Billion USD |
| Height | 5 feet 2 inches |
| Weight | 125 lbs |
| Profession | Entrepreneur, Businesswoman, Fashion Designer, Media Personality, Socialite |
| Nationality | American |
| Parents | Robert Kardashian (father) and Kris Jenner (mother) |
| Birth Place | Los Angeles, California, United States |
| Relationship Status | Complicated |
| No of Children | Four |
| Hair Colour | Black |
| Eye Colour | Brown |
Frequently Asked Questions
1. What kind of car does Kim Kardashian drive?
Kim Kardashian owns many cars, but her favorite is the Maybach 62s.
2. How did Kim Kardashian get Famous?
Kim Kardashian became famous after her sex tape with Ray J was leaked online.
3. What Languages does Kim Kardashian speak?
Kim Kardashian speaks English.
4. What does Kim Kardashian make money from?
Kim Kardashian makes her money from KKW, Keeping Up With The Kardashian, and social media endorsements.
5. Did Kim Kardashian grow up rich?
Yes. She grew up in a wealthy family.
6. What is Kim Kardashian’s Net worth?
Kim Kardashian has a net worth of 1.8 Billion USD.
7. How many children does Kim Kardashian Have?
Kim Kardashian has Four.
8. How old Is Kim Kardashian?
Kim Kardashian is 42 years old. She was born on October 21, 1980.
Final Thoughts
Kim Kardashian is an entrepreneur who continues to grow in wealth. Due to the reality show Keeping Up With The Kardashians and her KKW Beauty line, she has accumulated a lot of money.
She is the richest Kardashian, with a net worth of 1.8 Billion USD. With her KKW company growing and other endorsements, we expect her net worth to only grow more prominent over the years.