On October 21, 1980, in Los Angeles, California, Kim Kardashian was born. Robert Kardashian, Kim’s father, was a member of O.J. Simpson’s defense team. Kris Kardashian, also known as Kris Jenner, is her mother. Kim began her professional life in Hollywood working as a stylist and assistant to celebrities. Socialite Paris Hilton was one of her best friends and most important early clients.
Kim has climbed the popularity ladder over the past ten years to become one of the most well-known and prosperous celebrities on the planet. She is a real media tycoon who controls a very successful corporate empire. Currently, Kim’s empire consists of a clothing line, perfume, weight reduction goods, personal appearance fees, television salary, cosmetics line, retail sponsorships, and personal appearance fees. So, how did Kim Kardashian become a billionaire?
From Riches To More Riches: Kim Kardashian’s Billion-Dollar Journey
Kim Kardashian is an entrepreneur and socialite. Khloé Kardashian and Kourtney Kardashian are her other siblings. Later, when her mother got remarried, Kendall and Kylie Jenner were born into the family. Kardashian lived a relatively comfortable childhood in Los Angeles, California, thanks to her lawyer father. She was well-liked by her classmates at school. The future celebrity already exhibited an aptitude for makeup and fashion. Kardashian West expressed interest in law when her father joined the defense team for O.J. Simpson.
Kim first gained fame on reality television and immediately realized that becoming a celebrity was a lucrative business. After more than a dozen seasons, the enormously popular reality program series ‘Keeping Up With the Kardashians’ came to an end. However, a deal with Hulu and a number of spinoffs have managed to maintain the franchise. The Kardashian sisters’ second-eldest then launched the KKW Beauty and KKW Fragrance brands. Additionally, she has a clothing line under the Skims shapewear name.
One of her primary sources of income is sponsorships through her Instagram account, which is said to bring in up to $500,000 annually, while she has also ventured into other areas with a book of selfies called ‘Selfish’ and a few small movie roles.
Read More: Pete Davidson Rushes To Shower With Kim In ‘The Kardashians’ Season 2 Teaser
Kim Kardashian: Net Worth 2022
Kim Kardashian’s current net worth stands at a whopping $1.4 billion. Kim makes between $50 and $80 million annually from her many businesses and expanding empire. For instance, Kim made $72 million from her numerous activities between 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 licensing deals. She received a tiny income, for instance, from royalties from the mobile game “Kim Kardashian: Hollywood.”
Leaving endorsement deals aside, Kim Kardashian’s equity stakes in two firms account for the majority of her net worth: KKW Beauty, a line of beauty products sold directly to consumers, and a maker of shapewear, Skims. 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 rose to $900 million as a result of the fundraising round, according to estimates from CNW.
