American TV star Kim Kardashian has amassed a fortune of $ 1 billion thanks to her makeup and body-shaping clothing business, KKW Beauty and Skims, Forbes magazine reported on Tuesday.
Forbes, which compiles lists of the world’s richest people, has indicated that the most famous of the 40-year-old Kardashian sisters debuted in the billionaire rankings also thanks to revenue from their advertising deals and “small investments. “.
The protagonist of the reality TV show “Keeping Up With The Kardashians” created the 2017 KKW Beauty following in the footsteps of her half-sister Kylie Jenner and last year sold 20% of her property to the Coty conglomerate for about 200 millions of dollars.
Forbes estimates that Kardashian’s stake in KKW Beauty is about $ 500 million, while that of Skims is about $ 225 million, and these figures add to the value of its three homes in Calabasas, Los Angeles. to a portfolio of shares and other income.
The magazine estimates that the businesswoman had assets of about $ 780 million last October and has since increased her fortune to the round figure of $ 1 billion.
She is not the first member of the Kardashian clan to be recognized for the publication, as in 2019 her half-sister Kylie Jenner was named the youngest “self-made” billionaire in the world thanks to her makeup business Kylie Cosmetics, although the title was rectified shortly after and Forbes clarified that some figures were inflated.
Forbes also included rapper Kanye West on the list this year, with whom Kardashian has 4 children and is in the process of divorcing, with a fortune estimated at $ 1.8 billion generated by her Yeezy sneakers business. and his musical career.