Who doesn’t know an American rich family, The Kardashians, yeah… The richest Kadarshian is Kim Kadarshian. She is also the ex-wife of American popular rappers, Kanye West. Becoming a model, television star, entrepreneur and spokesperson, sure led her to be one of American richest celebrities.
Having a myriad of income from various endeavors, it’s no wonder he has been named the most wealthy Kadarshians family. With a glamorous style that she always stands out in reality shows ‘Keeping Up with the Kadarshians’ make the public really want to know for her net worth.
What Is Kim Kadarshian Net Worth?
As one of the most-famous and richest celebrities in the world, Kim Kadarshian’s net worth is roughly $1.4 billion. The number is lower than Kanye West’s net worth of $6.6 million. Kim earns $50 – 80 million between her numerous endeavors and growing empire.
Celebrity Net Worth first started tracking Kim’s net worth in October 2009. That year, Kim’s net worth was $10 million. Then, her net worth had grown to $20 million as of 2011. In January 2013, Kim was worth $40 million. Well, over the next five years, Kim’s worth such exploded.
As of 2015, Kim’s net worth is $85 million and as of 2017, her net worth nearly doubled to $150 million. By April 2020, her net worth is $350 million. Kim’s net worth raised to $900 million on June 29, 2020 after the announcement that Coty INC. Had acquired a 20% stake in KKW beauty for $200 million. The deal gave the overall brand a value of $1 billion. She retained a 72% stake after the deal which has a value of $720 million.
As of April 2020, Kim’s net worth is roughly $1.4 billion after the revelation that Skims had raised $154 million at a valuation of $1.6 billion, Kim is trusted to maintain a 50-60% ownership stake in the company.
How Does Kim Kadarshian Make Money?
It’s no doubt if Kim Kadarshian makes money from her numerous endeavors. Kim’s income comes from several sources including personal appearance fees, a cosmetic line, a clothing line, television salary, weight loss product, perfume and retail endorsements.
She earned $72 million through her numerous endeavors between June 2018 and June 2019. She then earned $50 million between June 2019 and June 2020. For a while, most of Kim’s annual earnings came thanks to licensing and endorsement deals.
For instance, Kim earned a small fortune from royalties which are generated by the mobile game ‘Kim Kardashian Hollywood’. This game was actually downloaded more than 60 million times and generated $200 million in revenue.
Kim then keeps 28% of the money which is generated by the app to this day. Outside of the mobile app, her annual earnings also come from reality TV salary, endorsements, appearance fees and paid Instagram sponsorship.
On paid Instagram sponsorship, Kim earns between 300,000 and $500,000 for every paid Instagram post. Kim has earned as much as $1 million. When totaled, Kim’s Instagram earnings likely top $1-2 million per month.
Kim’s net worth is actually attributable to equity stakes in two big companies, they are:
- KKW Beauty (A direct-to-consumer beauty product line)
- Skims (A shapewear company)
KKW Beauty Line which was launched in 2017 generates over$100 million in gross revenue today. Kim sold a 20% stake in KK Beauty Line for $200 million in June 2020, valuing the company as a whole at $1 billion. As a result of the fundraising round, according to CNW’s estimates, her net worth increased to $900 million.
Kim then raised $5 million from Venture Capital firm Imaginary Ventures in 2019 to launch a line of shapewear named Skims which raised $154 million in 2021 at a valuation of $1.6 billion. Even after the massive financing round, she remained the majority owner.
In recent years, Kim’s annual earnings have topped $80 million. Here’s a list of Kim’s net worth year by year from 2009:
- 2009: $10,000,000
- 2011: $20,000,000
- 2013: $40,000,000
- 2015: $85,000,000
- 2017: $150,000,000
- 2019: $300,000,000
- 2020: $900,000,000
- 2021: $1,400,000,000
How Does Kim Kadarshian Spend Money?
Kim spends money on real estate and also luxurious jewelry and clothing brands. She purchased a $4.8 million mansion in Beverly Hills in March 2010. That’s a Tuscan style with 5 bedroom sprawling across 4 acres in some of the most exclusive real estate in the world.
Kim Kadarshian and her ex-husband Kanye West purchased the house from Lisa Marie Presley for $20 million in August 2014 which proceeded to spend the next two years fully modeling. However, Kanye was not happy with the final product, then in 2016, they started over from scratch.
Today, her property covers 3 acres which features two spas, two swimming pools, a full-sized basketball court, a private vineyard and a custom-built mansion. Unfortunately, they should have evacuated when a wildfire came close to their property. Today, their Hidden Hills home is estimated at $60 million.
Kim then bought a mansion in Bel Air, California for $9 million in 2013. They spent several million on significant upgrades and lived here while their property in Hidden Hills was being developed. Then, in 2o17, she sold the Bel Air house for $18 million.
Kim and her ex-husband, Kris Humphries stayed in the Presidential Suite of the Gansevoort Hotel during several weeks of taping of ‘Kourtney and Kim Take New York’. The suites cost $7000 a night.
Kim was seen wearing a $2.5 million 65 carat sparkling diamond headpiece by Lorraine Schwartz at Kim’s wedding. She wore a $2 million 20.5 carat diamond engagement ring and also 28 carat diamond earrings worth $5 million.
Overall, she was wearing over $10 million worth of jewelry on her big day. Not to mention the $ 150,000 she spent on hair and makeup.
A Few Words for Kadarshian Family
Kim Kadarshian was born in Los Angeles on October 21, 1980. Her mother is Kris Kadarshian or better known as Kris Jenner. Her father Robert Kadarshian was one of OJ Simpson’s defense lawyers. She has a big family, her sisters are Kourtney and Khloe Kardashian, her mother Kris and two half-sisters, Kendall and Kylie. Kendall and Kylie’s father is a former Olympic athlete, Bruce Jenner, now known as Caitlyn Jenner.