Kim Kardashian bags $220 million in 6 months, thanks to KKW Beauty and Skims, making her a billionaire
Kim Kardashian has become a billionaire, according to Forbes.
Her net worth rose from $780m in October to $1bn this month, the magazine says.
Her big bucks come mainly from two businesses – the shapewear brands Skims and the cosmetics company KKW Beauty.
She has also earned millions from her TV career – most prominent being Keeping Up With The Kardashians – and endorsement deals.
The rest of her estate is made up of her personal finances, properties and investments.
Kim started her own beauty line in 2017 following the success of her sister Kylie Jenner’s company – Kylie Cosmetics.
Claiming to be “inspired” by Kylie, she sold 20% of KKW Beauty to cosmetics giants Coty last year – which valued the brand at $1bn.
Her 72% stake is said to be worth $500m, while Skims is valued at $225m.
The success of the sisters’ companies rely heavily on their huge social media followings.
Kardashian has 213 million followers on Instagram – while Kylie has 224 million.
Shares in Snapchat fell by $1.3bn after Kylie quit the app in 2018.
The youngest member of the Kardashian-Jenner sisters is reported to have become a billionaire by Forbes last year – but was later accused of inflating her business value and was stripped of her title.
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