Kim Kardashian joins the billionaire membership, sister Kylie Jenner drops from the listing | Individuals Information
LOS ANGELES – Kim Kardashian has added billionaire to her resume.
The cosmetics and shapewear businesswoman, who launched her profession off the truth TV collection “Conserving Up with The Kardashians,” was included on Tuesday (April 6) for the primary time on Forbes journal’s listing of the world’s billionaires.
Forbes stated it estimated that Kardashian, 40, “is now price $1 billion, up from $780 million in October, thanks to 2 profitable companies – KKW and Skims – in addition to money from actuality tv and endorsement offers, and quite a lot of smaller investments.”
The Forbes estimate means Kardashian joins her soon-to-be ex-husband Kanye West within the billionaire’s membership.
Forbes on Tuesday estimated West’s internet price at $1.8 billion, largely from offers on his Yeezy sneaker and vogue line.
Kardashian filed for divorce from West, 43, in February, citing irreconcilable variations.
Her half sister Kylie Jenner, nevertheless, misplaced her billionaire standing, Forbes stated on Tuesday.
It valued the 23-year-old’s fortune at round $700 million, citing a troublesome 12 months for beauty gross sales throughout the coronavirus pandemic and what it stated had been earlier overestimates of income from Kylie Cosmetics, now 51 % owned by Coty Inc.
Kardashian based KKW Magnificence in 2017, selling and promoting the merchandise on-line, helped by a social media presence that features some 213 million Instagram followers.
She launched the multihued shapewear line Skims in 2019.
Kardashian celebrated on Tuesday by posting a photograph of herself in a bikini on a seashore, with the caption “Bliss” and asserting the launch of the primary Skims pop-up store at a high-end shopping center in Los Angeles.