LOS ANGELES – Kim Kardashian has additional billionaire to her resume.
The cosmetics and shapewear businesswoman, who launched her job off the actuality Television series “Maintaining Up with The Kardashians,” was incorporated on Tuesday (April six) for the very first time on Forbes magazine’s checklist of the world’s billionaires.
Forbes mentioned it estimated that Kardashian, forty, “is now well worth $one billion, up from $780 million in October, thanks to two profitable corporations – KKW and Skims – as nicely as money from actuality tv and endorsement discounts, and a amount of smaller sized investments.”
The Forbes estimate indicates Kardashian joins her quickly-to-be ex-husband Kanye West in the billionaire’s club.
Forbes on Tuesday estimated West’s net well worth at $one.eight billion, primarily from discounts on his Yeezy sneaker and vogue line.
Kardashian filed for divorce from West, 43, in February, citing irreconcilable distinctions.
Her half sister Kylie Jenner, having said that, misplaced her billionaire standing, Forbes mentioned on Tuesday.
It valued the 23-12 months-old’s fortune at about $700 million, citing a hard 12 months for cosmetic revenue all through the coronavirus pandemic and what it mentioned have been earlier overestimates of income from Kylie Cosmetics, now 51 % owned by Coty Inc.
Kardashian founded KKW Elegance in 2017, marketing and promoting the items on the internet, aided by a social media presence that incorporates some 213 million Instagram followers.
She launched the multihued shapewear line Skims in 2019.
Kardashian celebrated on Tuesday by posting a photograph of herself in a bikini on a seashore, with the caption “Bliss” and announcing the launch of the very first Skims pop-up store at a substantial-finish buying mall in Los Angeles.