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Kim Kardashian is now considered a billionaire

Apr.08.2021, 17:47 | Updated: Apr.08.2021, 17:47 | 13 views
kim kardashian

On Tuesday, Forbes announced the adding Kim Kardashian to the list of worldwide billionaires for the first time, highlighting her two profitable companies, KKW Beauty and Skims, as well as money from advertising deals. The star’s fortune increased from 780 million dollars, according to the information received in October, to 1 billion dollars by this moment.

She started KKW Beauty in 2017 after noticing the success of Kylie Cosmetics, founded by Kylie Jenner. Kim sold 20 percent of KKW Beauty to Coty for 200 million dollars, bringing her company 1 billion dollars as it was estimated.

Later, in 2019, she started a shapewear brand called Skims. And with the beginning of the pandemic, she added home clothes to the collection so that women could wear more comfortable and beautiful clothes while staying at home.

Forbes faced a negative reaction when it called Kylie Jenner the most youthful billionaire who achieved it by herself at the age of 21. However, she grew up in an already rich family. Her fortune was calculated at around 900 million dollars in May 2020.

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