Kim Kardashian was officially listed as a Forbes billionaire.
“Kim Kardashian’s property estimates reach $1 billion, about 1.117 trillion won, including KKW Beauty and Skims, reality TV shows and advertising contracts and small investments,” Forbes said on its website on April 6.
Kim Kardashian established KKW Beauty in 2017, sold 20% of its stake to French luxury cosmetics company Coty for $1 billion in 2020, and cashed it all in, but still holds about $500 million in remaining shares. Her underwear brand Skims’ sales figures have yet to be released, but Forbes said, “Skims are worth a late $500 million, and Kim Kardashian’s stake is about $225 million.” Meanwhile, Kylie Jenner, Kim Kardashian’s half-brother, who was the youngest to make the list of billionaires last year, was eliminated from the list as the cosmetics business was hit by Corona 19.
