Kim Kardashian officially becomes a billionaire according to the Forbes list
According to Forbes magazine, Kardashian's fortune is valued at $ 1,000 million dollars thanks to its different clothing, beauty and cosmetic companies
Forbes published its annual list of billionaires on Tuesday where Kim Kardashian first appears on the elite list. The socialite has been officially considered a billionaire and her name joins the list led by Jeff Bezos, Elon Musk and other great moguls.
The business magazine reported that Kardashian KKW Beauty and Skims businesses helped put her on the list.
In 2017, the businesswoman launched KKW Beauty and the Coty company acquired a 20% stake in the cosmetics line in an agreement that valued the business at $ 1 billion. The website claims that her remaining stake in the business is worth about $ 500 million.
Skims, a collection of underwear and swimwear shaping garments, is also part of her fortune in which she has a majority stake. A source told the magazine that the company is valued at more than $ 500 million, so its stake could reach $ 225 million, which according to Forbes "is enough to raise its fortune to $ 1 billion."
Kim also has different investments and real estate in addition to having a new agreement with Hulu to create exclusive content for television after he is about to finish his television show Keeping up with the Kardashian with the E! Channel.
Everything stays in the family
It is not the first time that the Kardashian-Jenner family appears on the Forbes list. Last year the magazine named her younger sister Kylie Jenner, 21, as the youngest billionaire in history.
In February, Kim Kardashian filed for divorce from Kanye West after seven years of marriage, who has a fortune of more than $ 6.6 billion, citing irreconcilable differences.
