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Kim Kardashian is officially a billionaire

According to Forbes, she gets her fortune from her brands KKW Beauty and Skims, but also television and advertising contracts

Kim Kardashian is officially a billionaire According to Forbes, she gets her fortune from her brands KKW Beauty and Skims, but also television and advertising contracts

The news comes directly from Forbes: as of today, Kim Kardashian West has officially entered the list of billionaires. According to the American economic magazine, the assets of the celebrity, which in October 2020 reached $ 780 million, in the last 6 months grew to touch the impressive figure, mainly as a result of the two brands of the star of Keeping Up With the Kardashians, KKW Beauty and Skims

Kim founded KKW Beauty in 2017, following the business model of her sister Kylie Jenner and her Kylie Cosmetics based on direct-to-consumer strategy and social media marketing. Although Kardashian sold 20% of the company to Coty last year for $200 million, she still owns 72% of it, which is worth about $500 million, according to Forbes. In addition to eyeshadows, concealers, lipsticks and fragrances, since 2019 she has expanded her business with Skims shapewear, of which the 40-year-old owns a majority stake worth about $225 million and which continues to have great success in sales thanks to this pandemic period's desire for loungewear.

The rest of her fortune? Kanye West's ex-wife has a great amount of cash, investments and real estate, as well as various endorsement deals and the Keeping Up With the Kardashians reality show, which has reportedly made her earn at least $10 million before taxes every year since 2012.  Not bad, right? We wonder how Kim will celebrate the news of Forbes....