LOS ANGELES – Kim Kardashian has added billionaire to her resume.
The cosmetics and shapewear businesswoman, who launched her profession off the actuality TV sequence “Keeping Up with The Kardashians,” was included on Tuesday (April 6) for the first time on Forbes journal’s list of the world’s billionaires.
Forbes stated it estimated that Kardashian, 40, “is now worth $1 billion, up from $780 million in October, thanks to two lucrative businesses – KKW and Skims – as well as cash from reality television and endorsement deals, and a number of smaller investments.”
The Forbes estimate means Kardashian joins her soon-to-be ex-husband Kanye West in the billionaire’s membership.
Forbes on Tuesday estimated West’s web value at $1.8 billion, largely from offers on his Yeezy sneaker and trend line.
Kardashian filed for divorce from West, 43, in February, citing irreconcilable variations.
Her half sister Kylie Jenner, nevertheless, misplaced her billionaire standing, Forbes stated on Tuesday.
It valued the 23-year-old’s fortune at round $700 million, citing a tricky 12 months for beauty gross sales throughout the coronavirus pandemic and what it stated have been earlier overestimates of income from Kylie Cosmetics, now 51 % owned by Coty Inc.
Kardashian based KKW Beauty in 2017, selling and promoting the merchandise on-line, helped by a social media presence that features some 213 million Instagram followers.
She launched the multihued shapewear line Skims in 2019.
Kardashian celebrated on Tuesday by posting a photograph of herself in a bikini on a seaside, with the caption “Bliss” and asserting the launch of the first Skims pop-up store at a high-end shopping center in Los Angeles.
