Kim Kardashian is a $1.4 billion net worth American reality television star, model, entrepreneur, and spokesperson. Kim Kardashian is one of the world’s most famous and wealthy celebrities. Kim earns between $50 and $80 million per year from her various ventures and expanding empire. Kim earned $72 million from her various endeavor.
rs between June 2018 and June 2019, and $50 million between June 2019 and June 2020. For a time, licensing and endorsement deals accounted for a sizable portion of Kim’s annual earnings. She made a small fortune, for example, from royalties generated by the mobile game “Kim Kardashian: Hollywood.” The game was eventually downloaded more than 60 million times and generated a revenue of $200 million. Kim retains 28% of the app’s revenue to this day. Kim’s annual earnings outside of the mobile app come from endorsements, appearance fees, reality TV salary, and paid Instagram sponsorships. She also has a tanning line and a clothing line at Sears.
Early Life and Rise to Fame
Kim Kardashian was born in Los Angeles, California on October 21, 1980. Robert Kardashian, Kim’s father, was one of OJ Simpson’s defense attorneys. Kris Kardashian, also known as Kris Jenner, is her mother. Kim began her career in Hollywood as an assistant and celebrity stylist. Paris Hilton, her best friend and fellow socialite, was one of her first major clients.
Kim Kardashian has two sisters, Kourtney and Khloe Kardashian, as well as her mother, Kris, and two half-sisters, Kendall and Kylie. Bruce Jenner, a former Olympic athlete, is Kyle and Kendall’s father (now known as Caitlyn Jenner). Kim has risen through the ranks of celebrity over the last decade to become one of the world’s most famous and successful celebrities. She is a literal media mogul with a highly profitable business empire. Kim’s empire now includes a cosmetics line, appearance fees, a television salary, a clothing line, weight loss products, perfume, and retail endorsements.
Marriages
Along the way, Kardashian has dated a few NFL players, NBA players, and rappers. She got engaged to and married NBA player Kris Humphries in 2011. The marriage only lasted 72 days. Kim earned $18 million from endorsements and television rights to this wedding.
Kim married Kanye West, the music mogul, after a highly publicized relationship and several appearances by Kanye on Keeping Up with the Kardashians. Their daughter, Northwest, was born on June 15, 2013, and they married on May 24, 2014. They now have three children.
Kim Kardashian Net Worth Milestones
We began tracking Kim’s net worth in October 2009. We estimated her net worth at the time to be $10 million. Her net worth had increased to $20 million by 2011. She was worth $40 million in January 2013. Kim’s fortunes exploded over the next five years… in a good way. She was worth $85 million in 2015. By 2017, her net worth had nearly doubled to $150 million. Kim Kardashian’s net worth is $350 million as of April 2020.
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Kim’s net worth increased to $900 million on June 29, 2020, when Coty Inc. announced the purchase of a 20% stake in KKW Beauty for $200 million. This transaction valued the overall brand at $1 billion. Kim retained a 72% stake following the $720 million transaction.
On April 9, 2020, we increased Kim’s net worth to $1.4 billion after learning that Skims had raised $154 million at a valuation of $1.6 billion. She is thought to own between 50 and 60% of the company.
Real Estate
Kim paid $9 million for a mansion in Los Angeles’ Bel Air neighborhood in 2013. She and Kanye spent millions of dollars on upgrades and lived in this house while their Hidden Hills property was being built. Kim sold the Bel Air home for $18 million in 2017.
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Kim has lived in a large mansion within a gated community in Hidden Hills, California, since August 2014. Kim and Kanye paid $20 million for the house from a doctor. The doctor paid $5 million for the home from Lisa Marie Presley in 2010.
Kim and Kanye spent the next two years completely remodeling their home. Unfortunately, Kanye was dissatisfied with the finished product in 2016, so they had to start over. They bought neighboring properties in two transactions in 2019 to increase their footprint to 7.5 acres. The estate includes two swimming pools, two spas, a private vineyard, a full-sized basketball court, and a custom-built mansion.
Instagram Earnings
Kim is compensated between $300,000 and $500,000 for each paid Instagram post. She has also made up to $1 million. We know these figures are correct because she filed a lawsuit against Missguided USA in May 2019. Kim claimed in the lawsuit that Missguided plagiarizes her outfits and misleads customers into believing that Missguided is working on the outfits in collaboration with her.
According to court documents, Kim earns $300-500k per post and has earned up to $1 million on several occasions. According to the documents, Kim declines many offers from brands with which she does not want to be associated and instead selects a small number of partners each month.
Summary
Kim Kardashian has an estimated net worth of $1.4 billion. She is one of the world’s most famous and wealthy celebrities. Her annual earnings have recently surpassed $80 million.
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