American television star Kim Kardashian has raised a fortune of 1 billion dollars from her makeup and clothing modeling business, Forbes magazine reported on Tuesday.
Forbes, which lists the richest people in the world, said that the most famous of the 40-year-old Kardashian sisters made her debut in the billionaire rankings also due to the income obtained from their advertising offers and “small investments”.
The star of the reality show “Keeping Up With The Kardashians” created KKW Beauty in 2017 in the footsteps of step-sister Kylie Jenner and last year sold 20% of her property to the Coty conglomerate for about $ 200 million.
Forbes estimates that the Kardashian package in KKW Beauty reaches about $ 500 million, while Skims is about $ 225 million, and these figures add to the value of the three houses in Calabasas, Los Angeles, to a portfolio of shares and other income.
The magazine estimates that the businesswoman had a net worth of about $ 780 million in October last year and has since increased her fortune to about $ 1 billion.
She is not the first member of the Kardashian clan to be recognized by the publication, as in 2019 her step-sister Kylie Jenner was named the youngest “self-made” billionaire in the world due to her Kylie Cosmetics makeup business, although the title was soon rectified. time, and Forbes clarified that some figures were inflated.
Also, Forbes this year included rapper Kanye West, with whom Kardashian has 4 children and is in the process of divorcing, with an estimated fortune of 1.8 billion dollars generated by his Yeezy sneakers business and his music career.