Kim Kardashian Net Worth: Which Company Does Kim K Owns?

American reality television personality, model, businesswoman, and publicist Kim Kardashian. She is one of the world’s most well-known and wealthy celebrities. Kim Kardashian is now the wealthiest member of her family, which is largely due to her shapewear business Skims, her popularity on the reality television show Keeping Up with the Kardashians, and many other factors. The following is a look at her billionaire net worth as well as how she made her fortune. Scroll down to check Kim Kardashian Net Worth.

Kim makes around $50 and $80 million annually from her many businesses and expanding empire. For instance, Kim made $72 million from her numerous activities throughout June 2018 and June 2019, and another $50 million from June 2019 to June 2020. Kim used to make a significant amount of her yearly income through endorsement and licencing deals. She received a tiny income, for instance, from royalties from the mobile game “Kim Kardashian: Hollywood.” Over 60 million people eventually downloaded the game, which brought in $200 million in income.

Kim Kardashian Early Life

Robert and Kris Kardashian (née Houghton) welcomed Kimberly Noel Kardashian into the world on October 21, 1980, in Los Angeles, California. Khloé is her younger sister; Rob is her younger brother, and Kourtney is her older sister. Their father was a third-generation Armenian-American, while their mother is of Dutch, English, Irish, and Scottish descent. After their parents separated in 1991, their mother wed 1976 Summer Olympics decathlon champion, Bruce Jenner. Kim Kardashian gained stepbrothers Burton “Burt,” Brandon, and Brody; a stepsister, Casey; and eventually two half-sisters, Kendall and Kylie Jenner, as a result of her mother’s second marriage.

Kim Kardashian Career

Kardashian started working at Body, a neighbourhood clothes store in Encino, California, in 1996 when she was 16 years old. Her car had recently been declared total. Her father agreed to buy her a new one, but only if she agreed to be in charge of any costs associated with any subsequent damages. During her four years at Body, Kardashian helped with the opening of the Calabasas facility. She quit in 2000 after being married for the first time.

In the year 2003, Kardashian also started styling and helping out socialite Paris Hilton, a childhood pal. She additionally made multiple appearances on The Simple Life, a reality series hosted by Paris Hilton and Nicole Richie. Sheeraz Hasan, a public relations specialist at Hilton, met Kim Kardashian and her mother Kris Jenner in 2005. Hasan claimed that Kardashian was “willing to do whatever it takes” to build a successful brand in an interview with 20/20.

In the same interview, Rick Mendoza, a freelance photographer working for the tabloid TMZ, claimed that after Kardashian accompanied Hilton to Hyde, a popular hangout for Hollywood celebrities at the time, he received assignments from tabloids to take pictures of Kardashian for the following three years. Kardashian claimed that Hilton in 2021 “gave me a career in actuality. And I fully agree with that.”

Kim Kardashian Personal Life

Kardashian has had relationships with a few NBA players, NFL players, and rappers along the road. She got engaged to NBA player Kris Humphries in 2011 and later wed him. The union barely lasted for 72 days. From endorsements and TV rights to her wedding, Kim earned $18 million.

After a highly publicised courtship and multiple appearances by Kanye on Keeping up with the Kardashians, Kim married music mogul Kanye West. Their daughter, North West, was born on June 15, 2013, and they got married on May 24, 2014. They now have three kids.

Kanye and Kim filed for divorce on February 19, 2021.

Kim Kardashian Real Estate

Kim purchased a property in LA’s Bel Air district for $9 million in 2013. She and Kanye made major modifications to this house at a cost of several million dollars, and they resided there while their Hidden Hills property was being built. Kim received $18 million for the Bel Air home in 2017.

Kim has lived in a sizable estate inside a gated neighbourhood in Hidden Hills, California, as her permanent residence since August 2014. For $20 million, Kim and Kanye acquired the home from a physician. In 2010, the doctor paid Lisa Marie Presley $5 million to purchase the home.

The subsequent two years were spent completely refurbishing by Kim and Kanye. Sadly, in 2016, Kanye wasn’t satisfied with the result, so they started over from scratch. They acquired adjacent properties throughout the course of two transactions in 2019 to increase their footprint to 7.5 acres. The house has two swimming pools, two spas, a private vineyard, a court that can accommodate a full-sized basketball, and a mansion.

They had to leave their property in 2018 when a wildfire was dangerously near to it. Fortunately, Kim and Kanye have a fire protection insurance policy that covered hired, private firefighters. At Kim and Kanye’s expense, the firefighters not only managed to save their property, but also the entire neighbourhood.

Kim paid Kanye $23 million in September 2021 to formally put the home in her name. The contents of the house cost about $3 million of that total.

Kim Kardashian Company

Leaving endorsement deals aside, Kim Kardashian’s equity stakes in two firms account for the majority of her net worth:

KKW Beauty Line, which was introduced in 2017, now produces over $100 million in gross sales annually. The company was valued at $1 billion after Kim sold a 20% stake in KKW Beauty Line for $200 million in June 2020. Kim’s net worth reportedly risen to $900 million as a result of the fundraising round, according to estimates from CNW.

She obtained $5 million from venture capital firm Imaginary Ventures in 2019 to develop the Skims line of shapewear. Skims raised $154 million in 2021 with a $1.6 billion valuation. Kim kept her position as the majority owner even after the large fundraising round.