Kim Kardashian Net Worth (Money, Salary, Assets)

Kim Kardashian Net Worth and Salary

Kim Kardashian stands as a prominent figure in the entertainment industry, known for her versatile roles as an American reality television star, model, entrepreneur, and spokesperson. Her astounding net worth is estimated at $1.7 billion, solidifying her position among the wealthiest individuals in the world. Annually, Kim’s income ranges between $50 million and $80 million, stemming from a diverse array of enterprises contributing to her expanding business domain.

Aside from numerous endorsement agreements, a substantial portion of Kim Kardashian’s net worth can be attributed to her ownership stakes in two thriving companies:

• KKW Beauty: a successful direct-to-consumer beauty product line.
• Skims: a flourishing shapewear company.

Having commenced in 2017, the KKW Beauty Line presently grosses over $100 million in revenue. In June 2020, Kim negotiated a significant deal by selling off a 20% interest in the KKW Beauty Line for $200 million, subsequently valuing the corporation at $1 billion in its entirety. Following this transformative financing event, Kim’s net worth surged to an estimated $900 million, based on assessments by CNW.

Her venture with the shapewear brand, Skims, has been equally remarkable. Kim secured a $5 million investment from Venture Capital firm Imaginary Ventures in 2019 to unveil Skims to the market. In 2021, Skims further demonstrated its prominence by securing $154 million in funding at a valuation of $1.6 billion. Even following this substantial financial undertaking, Kim retained the majority stake in the enterprise. Continuing its upward trajectory, Skims garnered additional financial backing in 2022, reaching a valuation of $3.2 billion. Subsequently, in July 2023, Skims secured $270 million at a valuation of $4 billion. Reports from Kim’s collaboration partner, Jens Grede, indicate that Skims amassed $500 million in revenue in 2022, with projections soaring to $750 million in 2023. Even post the July 2023 funding round, Kim and Jens continue to retain a significant share of the company’s ownership. It is believed that they both possess a one-third ownership interest in Skims. At the $4 billion valuation mark, the theoretical value of these one-third stakes amounts to $1.32 billion each. The July 2023 funding initiative resulted in a surge in Kim Kardashian’s net worth from $1.4 billion to $1.7 billion.

From June 2018 to June 2019, Kim saw earnings totaling $72 million from her diversified ventures. Subsequently, between June 2019 and June 2020, she garnered $50 million in revenue. Primarily, a substantial portion of Kim’s annual earnings originated from licensing and endorsement contracts. Notably, she accrued significant earnings from royalties linked to the “Kim Kardashian: Hollywood” mobile game, which attained over 60 million downloads and generated $200 million in revenue. To this day, Kim retains a 28% share in the app’s revenue. Beyond the mobile application, Kim’s yearly proceeds derive from endorsements, appearance fees, reality TV compensations, and sponsored content on Instagram. Moreover, she boasts a line of tanning products and a clothing collection available at Sears.

Early Life and Rise to Fame

Kim Kardashian’s journey began on October 21, 1980, in Los Angeles, California. Her father, Robert Kardashian, notably served as one of OJ Simpson’s defense attorneys. Kris Kardashian, renowned as Kris Jenner, is her mother. Kim initiated her Hollywood career as an assistant and stylist, catering to numerous celebrities. Notably, one of her early prominent clients was her close companion, socialite Paris Hilton.

Possessing a sizable family, Kim includes siblings like Kourtney and Khloe Kardashian, alongside her mother Kris and half-sisters Kendall and Kylie. Kendall and Kylie share former Olympic athlete Bruce Jenner, now known as Caitlyn Jenner, as their father. Over the past two decades, Kim ascended to unparalleled stardom, emerging as one of the most distinguished and prosperous celebrities globally. She stands as a bona fide media tycoon, overseeing an immensely lucrative business realm. Presently, Kim’s expansive empire encompasses a makeup line, lucrative public appearances, TV earnings, a clothing range, weight loss commodities, perfumes, and retail affiliations.

Kim gained widespread recognition following the circulation of a controversial video featuring her and Ray J. Capitalizing on this newfound fame, Kim ventured into her reality series, “Keeping up with the Kardashians” aired on the E! network. Subsequently, her prominence soared to unprecedented heights. Kim ventured into acting, graced countless magazine covers, and featured in various reality show spin-offs, including the recent “The Kardashians” reality series launched on Hulu in 2022. Furthermore, she is slated to headline the 12th season of “American Horror Story” in 2023.

Relationships

Throughout her illustrious career, Kardashian engaged in relationships with NFL figures, NBA athletes, and rappers. In 2011, she became engaged to and married NBA player Kris Humphries, with the marriage enduring a mere 72 days. Kim lucratively earned $18 million through endorsements and TV rights associated with this short-lived union.

Kim wedded prominent music icon Kanye West following a highly publicized courtship and multiple appearances by Kanye on “Keeping Up with the Kardashians.” Their nuptials took place on May 24, 2014, and their daughter, North West, was born on June 15, 2013. Over time, the couple welcomed four children into their family.

On …

On February 19, 2021, Kim officially filed for divorce from Kanye. Following their separation, she began a relationship with Pete Davidson in November 2021; however, the couple parted ways in August 2022. Moving on to Kim’s financial achievements and real estate ventures, in March 2010, she acquired a luxurious $4.8 million mansion in Beverly Hills, boasting a Tuscan-style design with five bedrooms spread across 4 acres in one of the most prestigious real estate locations worldwide. Initially earning around $15,000 per episode of her reality show, Kim’s pay skyrocketed to $500,000 later on. During the filming of “Kourtney and Kim Take New York,” she and then-husband Kris Humphries stayed in the lavish Presidential Suite of the Ganesvoort Hotel, costing $7,000 per night. At Kim’s wedding, she adorned herself with extravagant jewelry, including a $2.5 million 65-carat diamond headpiece, a $2 million 20.5-carat diamond engagement ring, $5 million worth of diamond earrings, totaling over $10 million, not to mention spending $150,000 on hair and makeup. Over the years, Kim’s net worth has soared significantly. As of April 2020, her net worth was estimated at $350 million, a significant climb from the $10 million recorded in October 2009. Notably, in June 2020, her net worth surged to $1.4 billion due to Coty Inc. acquiring a 20% stake in KKW Beauty for $200 million. On the real estate front, Kim owns several lavish properties, including a mansion in Hidden Hills, California, which she bought from a doctor for $20 million. The property encompasses 7.5 acres, featuring amenities like swimming pools, spas, a vineyard, and a basketball court. Kim also invested in a $70 million property in Malibu, once owned by Cindy Crawford and Rande Gerber, in September 2022. Additionally, she’s currently trying to sell a Calabasas penthouse and had previously sold a condo for $3.5 million in 2022. Kim is not only a business mogul but also earns substantial income through Instagram, receiving between $300,000 to $500,000 for each sponsored post, and sometimes even earning up to $1 million per post. As of June 2023, she boasts more than 359 million followers on the platform. In summary, Kim Kardashian’s success story showcases her entrepreneurial prowess, real estate investments, and social media influence, solidifying her as a prominent figure in the entertainment and business industry.

REFERENCES:

These statistics were taken from various sources around the world (worldwide) including these countries:

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America), US Minor Outlying Islands, Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.

Data is coming from all regions including Africa, Asia, Europe, North America, South America, Ireland, Wales, Scotland, and Northern Ireland and from people of different backgrounds (Arab, Arabic, African, Asian, Latin, Latino, Latina, Male, Men, Female, Women, Black, Causasian and more).

Stats are from 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050.

Stats were also taken from these US cities and states:

CITIES:

New York (NYC), Los Angeles (LA), Chicago, Houston, Phoenix, Philadelphia, San Antonio, San Diego, Dallas, San Jose, Austin, Jacksonville, Fort Worth, Columbus, Charlotte, San Francisco, Indianapolis, Seattle, Denver, Washington, Boston, El Paso, Nashville, Detroit, Oklahoma City, Portland, Las Vegas, Memphis, Louisville, Baltimore, Milwaukee, Albuquerque, Tucson, Fresno, Mesa, Sacramento, Atlanta, Kansas City, Colorado Springs, Miami, Raleigh, Omaha, Long Beach, Virginia Beach, Oakland, Minneapolis, Tulsa, Tampa, Arlington, New Orleans, Wichita, Cleveland, Bakersfield, Aurora, Anaheim, Honolulu, Santa Ana, Riverside, Corpus Christi, Lexington, Henderson, Stockton, Saint Paul, Cincinnati, St. Louis, Pittsburgh, Greensboro, Lincoln, Anchorage, Plano, Orlando, Irvine, Newark, Durham, Chula Vista, Toledo, Fort Wayne, St. Petersburg, Laredo, Jersey City, Chandler, Madison, Lubbock, Scottsdale, Reno, Buffalo, Gilbert, Glendale, North Las Vegas, Winston-Salem, Chesapeake, Norfolk, Fremont, Garland, Irving, Hialeah, Richmond, Boise, Spokane, Baton Rouge.

STATES:

Alabama AL, Alaska AK, Arizona AZ, Arkansas AR, California CA, Colorado CO, Connecticut CT, Delaware DE, Florida FL, Georgia GA, Hawaii HI, Idaho ID, Illinois IL, Indiana IN, Iowa IA, Kansas KS, Kentucky KY, Louisiana LA, Maine ME, Maryland MD, Massachusetts MA, Michigan MI, Minnesota MN, Mississippi MS, Missouri MO, Montana MT, Nebraska NE, Nevada NV, New Hampshire NH, New Jersey NJ, New Mexico NM, New York NY, North Carolina NC, North Dakota ND, Ohio OH, Oklahoma OK, Oregon OR, Pennsylvania PA, Rhode Island RI, South Carolina SC, South Dakota SD, Tennessee TN, Texas TX, Utah UT, Vermont VT, Virginia VA, Washington WA, West Virginia WV, Wisconsin WI, Wyoming WY.