This month, there was news that Kim Kardashian’s assets exceeded $1 billion. <Forbes>, which released the report, estimated the corporate values of Kim Kardashian’s beauty brand ‘KKW Beauty’ and underwear brand ‘Skims’ at the level of 700 million dollars and 500 million dollars, respectively. Each of her shares is calculated as 72% and 45%. Forbes explained that her assets were already over $700 million with the shares of the two companies.
However, significant changes have occurred in these estimates. This is because, as the Skims succeeded in attracting investments in Series A, its corporate value soared to $1.6 billion, which is more than three times the previously known value. Skims received $154 million and KRW 170 billion through venture capital companies Thrive Capital, Imaginary Ventures, and Alliance Consumer Growth. It has announced that it will be used for growth and offline expansion.