Bollywood Society » Is Kim Kardashian a billionaire?

Is Kim Kardashian a billionaire?

by Ratan Srivastava
Kim Kardashian

Whenever Kim Kardashian West was initially featured in Forbes in 2011, that was just a count of their Twitter followers: 6.6 million, just behind Barack Obama and instead just ahead of Ashton Kutcher. She landed on to feature in the front of Forbes around years later, owing to her lucrative mobile phone game, which let them make $51 million that same year. She is already formally included among the World’s Billionaires for the very first moment.

Kardashian West’s net worth has risen to $1 billion, up from $780 million in October, owing to two successful businesses Beauty and Skims—as and also revenue through reality tv and sponsorship agreements, and also a series of minor ventures, according to Forbes.

Based on the success of her popular sister Kylie Jenner’s Kylie Cosmetics, Kardashian West launched KKW Beauty in 2017. She took a page off Kylie’s book and used a direct-to-consumer strategy that largely relied on social marketing. Her initial introduction of the 300,000 contouring kits sold out and in less than two hours. By 2018, the company had grown into eyeshadows, concealers, lipsticks, and perfumes, and then had sales of around $100 million.

On Instagram, Kim Kardashian enjoys 213 million followers, whereas Jenner has 224 million. Jenner’s decision to deactivate their Snapchat account in 2018 resulted together in a $1.3 billion (£904 million) drop in the Snapchat stock.

Last year, Forbes claimed that the younger sibling had become a billionaire, but she has been then convicted of misrepresenting her business worth and deprived of her status. In an Us billionaire’s club, Kardashian joined Amazon founder Jeff Bezos as well as Tesla founder Elon Musk.

Kardashian West’s spokesperson Christy Welder revealed to a leading International publication that the celebrity decided to divorce Kanye West in February this year, after about seven years of being married. North, 7, boy Saint, 5, girl Chicago, 3, as well as boy Psalm, who might turn two in May, are still the couple’s four kids.

Also Read: Which city is called Hollywood of India?

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