Here’s a new reality for Kim Kardashian West: She’s a billionaire.
The TV star was featured on Forbes’ annual “World’s Billionaires List” on Tuesday, owing her success to two of her entrepreneurial ventures — shapewear brand Skims and cosmetic brand KKW Beauty.
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Kardashian West’s companies have expanded her net worth from $780 million in 2020 to $1 billion, although part of that also comes from her role on Keeping Up With The Kardashians and other deals and investments.
“It’s the companies that she has launched herself, and grown with the typical Kardashian flare for self-promotion, that land her on the World’s Billionaires list,” according to a statement from Forbes.
With her family always in the spotlight and 213 million Instagram followers, it’s an understatement to say Kardashian West is a savvy businesswoman. KKW Beauty, founded in 2017, reached $100 million in revenue within just a year.
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Skims, too, has shown success since its launch in 2019, especially as it quickly began offering comfortable loungewear during the pandemic to suit the new stay-at-home lifestyle. The brand opened its first-ever pop up shop in Los Angeles on Tuesday.
“If you asked me to pick fame or fortune, I would not pick fame,” Kardashian, a mom of four with soon-to-be ex-husband Kanye West, said in a 2019 interview with The Cut. “It’s always been about working hard and making money.”