Kim Kardashian is officially a billionaire
Reality star Kim Kardashian made her debut in 2021 in the annual list of billionaires, established by the American magazine Forbes.
The influencer and reality TV star has turned a corner. Kim Kardashian West has joined the ranks of Amazon CEO Jeff Bezos, Tesla CEO Elon Musk and other top bosses: she is officially a billionaire, according to US magazine Forbes.
Forbes on Tuesday April 6 published its annual "World's Billionaire List", and Kim Kardashian is part of it for the very first time. According to the magazine, the star's businesses, KKW Beauty and Skims, are booming and have pulled Kim Kardashian's fortunes up. By showing her brands on Keeping Up With the Kardashians, she was able to boost sales.
Cosmetics and ready-to-wear
Kim Kardashian launched her first makeup and beauty brand, KKW Beauty, in 2017. Cosmetics giant Coty acquired a 20% stake in the line in 2020. By then, the company was already valued at billion dollars.
Kim Kardashian's other brand, Skims, is a ready-to-wear company. These are tight-fitting clothes and bodysuits, as well as underwear, more recently. The precise revenues of the company could not be obtained by Forbes, but according to information from the business magazine, they are in excess of $ 500 million.
The controversy of Kylie Jenner
The end of the reality show that made Kim Kardashian a fashion and influence icon, announced ahead of the 2021 airing of the 20th and final season, is unlikely to cause too much damage to the family's finances . A new agreement has been signed by the Kardashian-Jenner family with the Hulu platform, so more content is in the works.
This isn't the first time the Kardashian-Jenner family has made it onto a Forbes list. In 2019, the magazine crowned the youngest of the family, Kylie Jenner, youngest self-made billionaire at 21. This title was later taken away from the young cosmetics princess - she created Kylie Cosmetics in 2015 - amid suspicion of lies about her real fortune. After revising his information, Forbes had indeed found that the turnover of the company had been inflated by the young woman and her mother, Kris Jenner, as part of a campaign of several months to obtain the "one From the famous magazine. Hoping that his forty-year-old big sister is not overtaken by such accusations and takes advantage of his new title of billionaire.
