Entertainment

Kim Kardashian is worth $1.7 billion — here’s how she makes and spends her money

According to Forbes, Kim Kardashian’s net worth is estimated at $1.7 billion, and she ranks 5th in the Top 10 highest-earning celebrities in the world.

The majority of Kim Kardashian’s money comes from her clothing and apparel brand Skims.

Kim Kardashian. Photo: Getty/Dimitrios Kambouris

She has built a number of successful businesses since becoming a household name on reality TV.

Over the course of her career, Kim Kardashian has used her reality TV fame to become one of the most successful businesswomen in the world, building an estimated fortune of $1.7 billion, according to Forbes.

The Kardashian family first rose to fame when her father, Robert Kardashian Sr., was an attorney for O.J. Simpson in the 1990s.

As a young woman, Kardashian worked as a stylist for Brandy Norwood in the early 2000s, then worked as an assistant to her friend Paris Hilton and occasionally appeared on Hilton’s show The Simple Life.

Eventually, Kardashian and her two younger sisters, Khloé and Kourtney, opened the DASH clothing store in Calabasas, California, and later opened locations in New York City’s SoHo and Miami, Florida.

However, the biggest game-changer in Kardashian’s career was the launch of her family’s reality television series Keeping Up With the Kardashians in 2007.

The show catapulted Kardashian and her family to a level of fame that eventually led to her current status as a billionaire and cultural icon.

Skims is worth $4 billion as of July 2023

Kardashian launched her clothing and apparel brand Skims in 2019. The brand’s line features unique silhouettes, such as a pair of asymmetrical shorts that can be worn with thigh-high slits.

Kim Kardashian at a Skims event. Photo: Kevin Mazur/Getty Images

In July 2023, The New York Times reported that Skims had raised $270 million in a new round of funding, valuing the company at $4 billion. In 2022, the brand was valued at $3.2 billion.

Kardashian’s business partner and Skims CEO Jens Grede told the Times that the company was profitable and said he hoped to eventually take it public.

Forbes estimates that Kardashian owns at least a third of Skims, and the $270 million funding round added about $500 million to her net worth.

Kim Kardashian Earns Money From Her Family’s Arranged Reality TV Series

Keeping Up With the Kardashians ran for 20 seasons from 2007 to 2021.

In 2017, The Hollywood Reporter cited industry sources as saying that Jenner and her daughters were earning $4.3 million annually for Keeping Up With the Kardashians.

The family eventually moved their reality TV operations to Hulu, launching The Kardashians in March 2022. Khloé Kardashian told Variety that all members of the family would earn the same salary for the series, saying they were “all on equal footing.”

Variety reported, citing unnamed sources, that the family’s deal with Hulu was worth nine figures.

Kardashian Launches Skincare Line

Kardashian launched her own cosmetics line, KKW Beauty, in 2017 with a contouring kit, People reported.

In June 2020, cosmetics company Coty agreed to buy a 20% stake in KKW for $200 million, valuing the company at $1 billion.

Photo: Getty Images

Then, in 2021, Kardashian announced that KKW would be closing to launch a brand new one.

She launched SKKN by Kim, a skincare line that will launch for $575 for the full nine-piece collection in June 2022.

Kardashian Enters the Investing World

In September 2022, Kardashian announced that she would be launching a private equity firm called SKKY, along with Jay Sammons, with her mother Kris Jenner listed as a partner.

According to a press release, the company plans to invest in “consumer products, digital and e-commerce, consumer media and entertainment, and hospitality and luxury.”

While Kardashian and Sammons declined to confirm the amount to Fortune, the publication reported that SKKY is looking to raise $1 billion to invest in businesses.

Kardashian’s mobile games have also been a huge success

Kim Kardashian: Hollywood, a mobile game starring Kardashian that allows players to pursue their own celebrity careers, launched in June 2014.

“KIM KARDARK. Photo: Hollywood/Screenshot

In a July 2016 Forbes cover story, the publication reported that the game had been downloaded 45 million times, generating $160 million and earning Kardashian an estimated $45 million in the process.

Kardashian also has an emoji app

Kardashian launched “Kimoji” — an app that gives users access to hundreds of Kim Kardashian-themed emojis — in late 2015.

The app, which Fortune reported in 2016 cost $1.99, reached the No. 1 spot on Apple’s App Store’s paid app list in February 2016.

According to Fortune, the app also made it into Apple’s top 50 highest-grossing apps at the time.

In 2019, the app’s developer sued Kardashian for $300 million, accusing her of cutting into his profits. Kardashian won the lawsuit in 2020, Fortune reported.

Kim Kardashian Owns a Diverse Real Estate

According to Architectural Digest, Kardashian’s first home purchase was a condo in Beverly Grove, Los Angeles in 2005, which she eventually sold for $885,000 in 2010.

Amid her divorce from ex-husband Ye, formerly known as Kanye West, Kardashian bought his stake in their Hidden Hills home for $23 million in 2021.

According to Architectural Digest, the former couple bought a Bel Air mansion for $9 million in 2013, then sold it for $17.8 million in 2017.

Kim Kardashian’s Malibu Mansion

Kardashian also purchased Cindy Crawford’s former Malibu home for $70.4 million in 2022.

A February 2022 Vogue cover story reported that Kardashian has two other real estate projects under her belt, with architect Tadao Ando building her a home in Palm Springs and architect Kengo Kuma designing her a glass-and-wood lake house.

Kardashian Has a Car Collection Estimated to Be Worth Millions

Photos published by TMZ in April 2023 show a row of matching gray cars outside Kardashian’s Hidden Hills home, with an estimated value of $2 million.

Kardashian previously showcased some of her favorite cars in a 2022 interview with Vogue.

All of Kardashian’s cars are gray to match her home, Kardashian said in the Vogue interview.

In the video, she shows off a Lamborghini Urus Mansory, a Rolls-Royce Ghost, and her favorite Maybach sedan.

Kardashian has also taken on various acting projects over the years, such as a voice role in Paw Patrol.

She also appeared in American Horror Story: Delicate alongside Emma Roberts and Cara Delevingne.

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