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What is Kim Kardashian Net Worth?
Kim Kardashian, an American reality television icon, model, entrepreneur, and spokesperson, boasts a staggering net worth driven by her diverse ventures and strategic investments. As of recent estimates, Kim Kardashian Net Worth is approximately $1.7 billion. Her wealth is anchored in equity stakes from her successful enterprises:
KKW Beauty, launched in 2017, has flourished with annual revenues exceeding $100 million. Kim strategically sold a 20% stake in KKW Beauty for $200 million in June 2020, valuing the company at $1 billion and significantly boosting her net worth.
Skims, founded in 2019, revolutionized the shapewear industry and has achieved valuations of $3.2 billion in 2022, escalating to $4 billion by July 2023. Kim’s stake in Skims, alongside partner Jens Grede, is valued at $1.32 billion each at the latest valuation.
Kim’s annual earnings consistently range between $50 million and $80 million, driven by her robust portfolio that includes endorsements, reality TV earnings, and lucrative Instagram sponsorships. Her strategic business decisions, coupled with ventures like the mobile game “Kim Kardashian: Hollywood,” which generated $200 million in revenue, underscore her status as a formidable business mogul.
In addition to her entrepreneurial endeavors, Kim has diversified her portfolio with ventures in tanning products and clothing lines, solidifying her influence and financial prowess in the global entertainment and beauty industries.
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Early Life and Rise to Fame
Born on October 21, 1980, in Los Angeles, Kim Kardashian transformed from a Hollywood stylist into a global icon. Her father, Robert Kardashian, gained fame as O.J. Simpson’s defense lawyer, and her mother, Kris Jenner, is a well-known TV personality.
Kim first garnered major attention after a leaked sex tape with Ray J. She smartly used this notoriety to launch the reality TV show Keeping Up with the Kardashians on E!, catapulting her to stardom. The show provided a platform for her entire family, including sisters Kourtney, Khloe, Kendall, and Kylie Jenner.
Kim’s empire includes a successful cosmetics line, lucrative TV deals, a clothing line, and numerous endorsements. Her ventures have made her one of the wealthiest celebrities. She continues to expand her influence with Hulu’s The Kardashians and an upcoming role in American Horror Story‘s 12th season.
Kim Kardashian’s journey is a testament to her business acumen, resilience, and ability to turn challenges into vast opportunities.
Relationships
Throughout her rise to fame, Kim Kardashian has dated several high-profile athletes and rappers. In 2011, she married NBA player Kris Humphries, but the marriage lasted just 72 days, earning her $18 million from endorsements and TV rights.
Kim then married music mogul Kanye West on May 24, 2014. Their first child, North, was born on June 15, 2013, and they have four children together. Kim filed for divorce from Kanye on February 19, 2021.
In November 2021, Kim began dating comedian Pete Davidson, but they split in August 2022. Her personal life, marked by high-profile relationships, continues to captivate public attention.
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.
Real Estate
In 2013, Kim Kardashian purchased a $9 million mansion in LA’s Bel Air neighborhood. She and Kanye West invested several million in upgrades and lived there while developing their Hidden Hills property. In 2017, Kim sold the Bel Air house for $18 million.
Since August 2014, Kim’s primary residence has been a large mansion in a gated community in Hidden Hills, California.
She and Kanye bought the house from a doctor for $20 million, who had purchased it from Lisa Marie Presley in 2010 for $5 million.
They spent two years remodeling, but in 2016, Kanye was unhappy with the result, prompting another redesign. By 2019, they expanded their estate to 7.5 acres by acquiring neighboring properties.
The home features two swimming pools, two spas, a private vineyard, a basketball court, and a custom-built mansion.
In 2018, a wildfire threatened their property, but thanks to their insurance plan with private firefighters, their home and the entire neighborhood were saved.
In September 2021, Kim paid Kanye $23 million to officially transfer the Hidden Hills property to her name, with $3 million allocated for the home’s interior contents.
In September 2022, Kim bought a 3+ acre Malibu property for $70 million, previously owned by Cindy Crawford and Rande Gerber.
As of May 2023, Kim is attempting to sell a Calabasas penthouse for $2.7 million and recently sold another Calabasas condo for $3.5 million.
Instagram Earnings
Kim Kardashian earns between $300,000 and $500,000 for each paid Instagram post, with some posts fetching as much as $1 million.
These figures were confirmed by a May 2019 lawsuit against Missguided USA, in which Kim claimed the company was copying her outfits and misleading consumers into thinking they were collaborating with her.
Court documents revealed her Instagram earnings and showed that Kim turns down numerous offers, preferring to partner with a select few brands each month.
This selective approach allows her Instagram earnings to likely exceed $1-2 million per month. As of June 2023, Kim boasts over 359 million followers on the platform.
| Kim Kardashian’s net worth by year | |
| Year | Net Worth |
| 2009 | $10,000,000 |
| 2011 | $20,000,000 |
| 2013 | $40,000,000 |
| 2015 | $85,000,000 |
| 2017 | $150,000,000 |
| 2019 | $300,000,000 |
| 2020 | $900,000,000 |
| 2021 | $1,000,000,000 |
| 2022 | $1,100,000,000 |
| 2023 | $1,400,000,000 |
| 2024 | $1,700,000,000 |