Kim Kardashian Net Worth

What is Kim Kardashian’s Net Worth?

Kim Kardashian is an American reality television star, model, entrepreneur, and spokesperson who has a net worth of $1.7 billion. Kim Kardashian is one of the most famous and richest celebrities on the planet. In a given year, Kim earns $50 – 80 million between her various endeavors and growing empire. Putting her many, many endorsement deals aside, the bulk of Kim Kardashian’s net worth is actually attributable to equity stakes in two companies: KKW Beauty, a direct-to-consumer beauty product line, and Skims, a shapewear company.

Launched in 2017, KKW Beauty Line generates over $100 million in gross revenue today. In June 2020, Kim sold a 20% stake in KKW Beauty Line for $200 million, valuing the company as a whole at $1 billion. As a result of the fundraising round, Kim’s net worth increased to $900 million, according to CNW’s estimates.

In 2019, she raised $5 million from Venture Capital firm Imaginary Ventures to launch a line of shapewear called Skims. In 2021, Skims raised $154 million at a valuation of $1.6 billion. Even after the massive financing round, Kim remained the majority owner. In 2022, Skims raised money at a $3.2 billion valuation. In July 2023, Skims raised $270 million at a $4 billion valuation. According to a report from Kim’s business partner, Jens Grede, Skims earned $500 million in 2022 and is on pace for $750 million in 2023. Even after the July 2023 funding round, Kim and Jens still control a majority of the company’s equity. Kim and Jens are believed to both own 1/3 of Skims. So, at the $4 billion valuation, the paper value of those 1/3 stakes is $1.32 billion a piece. The July 2023 funding round increased Kim Kardashian’s net worth from $1.4 to $1.7 billion.

Between June 2018 and June 2019, Kim earned $72 million from her various endeavors, and then, between June 2019 and June 2020, she earned $50 million. For a time, a large portion of Kim’s annual earnings came thanks to licensing and endorsement deals. For example, she earned a small fortune from royalties generated by the mobile game “Kim Kardashian: Hollywood.” The game was eventually downloaded more than 60 million times and generated $200 million in revenue. Kim keeps 28% of the money generated by the app to this day. Outside of the mobile app, Kim’s annual earnings come from endorsements, appearance fees, reality TV salary, and paid Instagram sponsorships. She also has a line of tanning products and a clothing line at Sears.

Early Life and Rise to Fame

Kim Kardashian was born on October 21, 1980, in Los Angeles, California. Kim’s father Robert Kardashianwas one of OJ Simpson’s defense lawyers. Her mother is Kris Kardashian, AKA Kris Jenner. Kim started her career in Hollywoodas an assistant and stylist to the stars. One of her big early clients was her best friend, socialite Paris Hilton.

Kim Kardashian has a big family, including sisters Kourtney andKhloe Kardashian,her mother Kris and two half-sisters, Kendall and Kylie. Kyle and Kendall’s father is former Olympic athlete Bruce Jenner (now known as Caitlyn Jenner).Over the last two decades,Kim has risen to the ranks of stardom to become one of the most famous and successful celebrities on the planet. She is a literal media mogul who runs an extremely profitable business empire. Today, Kim’sempire includes a cosmetics line, personal appearance fees, television salary, a clothing line, weight loss products, perfume, and retail endorsements.

Kim first gained major attention after an infamous sex tape featuring her and Ray J was released. Kim parlayed this fame into her own reality show, Keeping up with the Kardashians on the E! network. Since then, Kim’s fame has skyrocketed to the stratosphere. She has starred in movies, graced thousands of magazine covers, and has appeared on several reality spinoffs, including the more recent The Kardashians reality series released to Hulu in 2022. She is also set to star in the 12th season of American Horror Story in 2023.

Relationships

Along the way, Kardashian has found time to date a few NFL stars, NBA players, and rappers. In 2011, she became engaged to and married NBA player Kris Humphries. The marriage lasted only 72 days. Kim made $18 million off of endorsements and TV rights to this wedding.

Kim married music mogul Kanye West after a very publicized relationship and several appearances by Kanye on Keeping Up with the Kardashians. They married on May 24, 2014. Their daughter, North West, was born on June 15, 2013. They have four children together.

On February 19, 2021, Kim filed for divorce from Kanye. She started dating Pete Davidson in November 2021, but they split up in August 2022.

Wealth Facts

• In March 2010, Kim bought a $4.8 million mansion in Beverly Hills. It’s a Tuscan-style 5 bedroom sprawling across 4 acres in some of the most expensive real estate in the world.
• Kim used to only earn around $15,000 per episode of her reality show, but her pay was increased to $500,000.
• During several weeks of taping of “Kourtney and Kim Take New York,” Kim and her then-husband Kris Humphries stayed in the Presidential Suite of the Ganesvoort Hotel. The suite costs $7000 a night.
• At Kim’s wedding, she donned a $2.5 million 65-carat sparkling diamond headpiece by Lorraine Schwartz, a $2 million 20.5-carat diamond engagement ring, and 28-carat diamond earrings worth $5 million. All told, she was wearing well over $10 million worth of jewelry on her big day. Not to mention the $150,000 she spent on hair and makeup.
• She earned $28 million in 2014.
• She earned $53 million in 2015, which made her the highest-paid celebrity on the planet for the first time.
• She has earned $50 – $80 million every year since 2015.

Kim Kardashian Net Worth Milestones

We first started tracking Kim’s net worth in October 2009. At the time we pegged her wealth at $10 million. By 2011, her net worth had grown to $20 million. By January 2013, she was worth $40 million. Over the next five years, Kim’s fortunes exploded… in a good way. By 2015, she was worth $85 million. Her net worth nearly doubled to $150 million by 2017. As of April 2020, Kim Kardashian’s net worth is $350 million.

We raised Kim’s net worth to $900 million on June 29, 2020, upon the announcement that Coty Inc. had acquired a 20% stake in KKW Beauty for $200 million. That deal gave the overall brand a value of $1 billion. Kim retained a 72% stake after the deal, which has a value of $720 million.

We raised Kim’s net worth to $1.4 billion on April 9, 2020, upon the revelation that Skims had raised $154 million at a valuation of $1.6 billion. She is believed to maintain a 50-60% ownership stake in the company.

Real Estate

In 2013, Kim paid $9 million for a mansion in LA’s Bel Air neighborhood. She and Kanye spent several million on significant upgrades and lived in this home while their Hidden Hills property was being developed. In 2017, Kim sold the Bel Air house for $18 million.

Kim’s primary residence since August 2014 is a large mansion located within a gated community in Hidden Hills, California. Kim and Kanye bought the house from a doctor for $20 million. The doctor bought the house from Lisa Marie Presley in 2010 for $5 million.

Kim and Kanye proceeded to spend the next two years fully remodeling. Unfortunately, Kanye wasn’t happy with the final product in 2016 so they started over from scratch. Over two transactions in 2019, they bought neighboring properties to bring their footprint to 7.5 acres. The home features two swimming pools, two spas, a private vineyard, a full-sized basketball court, and a custom-built mansion.

In 2018, they had to evacuate when a wildfire came uncomfortably close to their property. Thankfully, Kim and Kanye were subscribers to an insurance plan that included coverage from private firefighters. Not only did the firefighters save their mansion, but at Kim and Kanye’s expense, the entire neighborhood was spared.

In September 2021, Kim paid Kanye $23 million to officially transfer the property into her name. Roughly $3 million of that amount went to the home’s interior contents.

In September 2022, Kim paid $70 million for this 3+ acre property in Malibu, which once belonged to Cindy Crawford and Rande Gerber:

As of May 2023, she’s trying to unload a Calabasas penthouse that has been on and off the market for several years. She has held firm on the $2.7 million price tag. In 2022, she listed another Calabasas condo that ended up selling for $3.5 million.

Instagram Earnings

Kim earns between $300,000 and $500,000 for every paid Instagram post. She has also earned as much as $1 million. We know these numbers are true thanks to a lawsuit she filed in May 2019 against a company called Missguided USA. In the lawsuit, Kim claimed that Missguided knocks off the outfits that Kim wears and tricks consumers into thinking that Missguided is working on the outfits in partnership with Kim. The court documents showed that Kim earns $300-500k per post and has earned as much as $1 million on several occasions. The documents show that Kim turns down many offers from brands she does not want to be associated with and instead chooses a handful of partners each month. When you add it all up, Kim’s Instagram earnings likely top $1-2 million PER MONTH! As of June 2023, she has more than 359 million followers on the platform.