Kim Kardashian’s net worth?
Kim Kardashian is an American reality TV star, model, entrepreneur, and spokesperson. She is one of the most famous and wealthiest celebrities. Kim Kardashian Net Worth 2022 is worth $1.4 billion.
Kim can earn between $50 and 80 million per year from her various ventures and expanding empire. Kim made $72 million between June 2018- June 2019 and $50 million between June 2019- June 2020. A large percentage of Kim’s annual earnings was derived from endorsement and licensing deals. She made a modest fortune through royalties from the mobile game, “Kim Kardashian: Hollywood.”
The game was downloaded over 60 million times, generating $200 million in revenue. Kim retains 28% of the revenue generated by the app. Kim’s earnings are not limited to the app. Kim also makes endorsements, and appearance fees and is paid for Instagram sponsorships. Kim also owns a line of tanning products and a clothing collection at Sears which cumulatively contributes to Kim Kardashian net worth.
Even if you take out endorsement deals, Kim Kardashian’s net worth is largely attributable to her equity stakes in two businesses:
- KKW Beauty: Direct-to-consumer line of beauty products.
- Skims: An apparel company that makes shapewear.
KKW Beauty Line was launched in 2017 and generates more than $100 million in total revenue. Kim sold a 20% share in KKW Beauty Line in June 2020 for $200 million. This valued the entire company at $1 billion. According to CNW, Kim’s net worth has increased to $900million as a result.
She raised $5 million from Venture Capital firm Imaginary Ventures in 2019 to launch a line called Skims. Skims was valued at $1.6 billion and raised $154 million in 2021. Kim was still the majority owner despite the huge financing round.
Rise to Fame and Early Life
Kim Kardashian was born in Los Angeles, California on October 21, 1980. Kim’s father Robert Kim Kardashian was a defense lawyer for OJ Simpson. Kris Kardashian, also known as Kris Jenner, is her mother. Kim began her career as a stylist and assistant to Hollywood stars. Paris Hilton, her best friend and socialite, was one of her first clients.
Kim Kardashian is a proud mother to two daughters, Kourtney Kardashian and Khloe Kardashian. Her mother Kris, and her half-sisters Kendall Jenner and Kylie Jenner are also part of Kim’s big family. Bruce Jenner, a former Olympic athlete (now Caitlyn Jenner), is Kendall’s father. Kim rose to stardom in the past 10 years and has become one of the most successful and famous celebrities on the planet. Kim is a media mogul and runs a very profitable business empire. Kim has cosmetics, perfume, retail endorsements, and personal appearance fees.
After Ray J’s infamous sex tape, Kim gained major attention. Kim turned this fame into her own reality series Keeping Up with the Kardashians. network. Kim’s fame has soared to the stratosphere since then. Kim has been a star in many movies and appeared on thousands of magazine covers. She also appears on numerous reality spin-offs.
Kardashian has been able to meet a few NBA and NFL players along the way. She got engaged to NBA player Kris Humphries in 2011. The marriage lasted just 72 days. Kim earned $18 million from endorsements and TV rights for this wedding.
After a public relationship, Kim married Kanye West, a music mogul. Kanye made several appearances on Keeping up with the Kardashians. Their daughter North West was born on June 15, 2013, and they were married on May 24, 2014. They have three children today.
Kim filed for divorce from Kanye on February 19, 2021.
Kim Kardashian Finance Facts
- Kim purchased a Beverly Hills mansion worth $4.8 million in March 2010. The property is a Tuscan-style 5-bedroom home spread across 4 acres. It is some of the most valuable real estates worldwide.
- Kim was earning around $15,000 per episode on her reality TV show, but her salary has increased to $500,000.
- Kim and Kris Humphries stayed at the Presidential Suite at the Ganesvoort Hotel for several weeks while they taped “Kourtney & Kim Take New York”. The nightly rate for the suite is $7000
- Kim wore a $2.5million 65 carat sparkling diamond headpiece designed by Lorraine Schwartz, a $ 2 million 20.5-carat diamond engagement band, and 28-carat, diamond earrings valued at $5 million. On her wedding day, she wore well over $10 million in jewelry. She also spent $150,000 on her hair and makeup.
- In 2014, she earned $28 million
- In 2015, she earned $53 million which was the first time that she had been the highest-paid celebrity.
- Since 2015, she has been earning $50-$80 million each year.
Kim Kardashian Net Worth Milestones
In October 2009, we began tracking Kim’s net worth. We estimated her wealth at $10,000,000 at the time. Her net worth had risen to $20 million by 2011. She was worth $40 million by January 2013. Kim’s fortunes rose steadily over the next five years. In 2015, she was worth $85million. In 2017, her net worth had nearly doubled to $85 million. Kim Kardashian’s net worth was $350 million as of April 2020.
Kim’s net worth was raised to $900million on June 29, 2020, when Kim learned that Coty Inc. had purchased a 20% stake at KKW beauty for $200M. The brand’s overall value increased to $1 billion with the acquisition. Kim kept 72% of the stake, which has a total value of $720million.
Kim’s net worth was raised to $1.4billion on April 9, 2020, after it became clear that Skims had raised $154m at a value of $1.6billion. It is believed that she still holds a 50%-60% stake in the company.
Real Estate Contribution to Kim Kardashian’s Net Worth
Kim bought a house in Bel Air, Los Angeles for $9 million in 2013. Kanye and Kim spent many millions on major upgrades, and they lived in the home while their Hidden Hills property was being built. Kim sold the Bel Air home for $18 million in 2017.
Kim lives in Hidden Hills, California as her primary residence. Kim and Kanye purchased the house from a doctor in exchange for $20 million. In 2010, the doctor purchased the house from Lisa Marie Presley for $5 million.
Kim and Kanye spent the next two decades completely remodeling. Kanye was not happy with 2016’s final product so they began over. They purchased neighboring properties in 2019 and increased their footprint to 7.5 acreages. Two swimming pools, two spas, and a full-sized basketball court are some of the features of this home. It also includes a custom-built mansion.
They had to evacuate their home in 2018 after wildfires erupted too close to their property. Kim and Kanye had insurance that covered private firefighters. The firefighters saved their home, and at Kanye’s expense, the entire neighborhood was saved.
Kim paid Kanye $23,000,000 in September 2021 to transfer the property into Kim’s name. The home’s interior contents received $3 million.
Kim Kardashian’s Instagram Earnings
Kim makes between $300,000 to $500,000 per paid Instagram post. Her earnings have also reached as high as $1 million. These numbers can be confirmed by a lawsuit Kim filed against Missguided USA in May 2019. Kim claimed in the lawsuit that Missguided copies Kim’s outfits and tricks people into believing that Missguided is working with Kim on the outfits. According to court documents, Kim makes $300-500k per post and can earn as much as $1,000,000 on occasion. Kim rejects offers from many brands and chooses to work with a few partners each month. Kim’s Instagram earnings are likely to exceed $1-2 million per month if you add all of it up!
Kim Kardashian Net worth is $1.4 billion. Kim Kardashian is one of the highest-paid celebrities on the planet. In recent years, her annual earnings have exceeded $80 million. Below is a table showing her net worth each year since CelebrityNetWorth began tracking her wealth in 2009.
|Milestones of Net Worth|