Kim Kardashian Net Worth (Money & Salary)
Kim Kardashian Net Worth (Money & Salary)
September 29, 2024
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Discovering Kim Kardashian’s Net Worth
Kim Kardashian, a prominent American reality TV personality, model, entrepreneur, and spokesperson, possesses a net worth estimated at $1.7 billion. She stands among the world’s most renowned and financially successful celebrities. Annually, Kim rakes in between $50 – 80 million from her diverse ventures and expanding business empire. Beyond her numerous endorsement deals, a significant portion of Kim Kardashian’s wealth is linked to stakes in two companies: KKW Beauty, a direct-to-consumer beauty brand, and Skims, a shapewear enterprise.
Established in 2017, KKW Beauty Line now boasts over $100 million in gross revenue. In June 2020, Kim sold a 20% share in KKW Beauty Line for $200 million, valuing the firm at $1 billion. This deal escalated Kim’s net worth to $900 million, by CNW’s calculations.
In 2019, she secured $5 million from Venture Capital firm Imaginary Ventures to initiate Skims, a shapewear collection. By 2021, Skims amassed $154 million through fundraising, being valued at $1.6 billion. Even post this considerable financial infusion, Kim retained the controlling interest. Subsequently, in 2022, Skims attracted investments at a $3.2 billion valuation. Come July 2023, Skims accrued $270 million at a $4 billion valuation. As stated by Kim’s business associate, Jens Grede, Skims yielded $500 million in 2022 with a projected $750 million in 2023. Even after the July 2023 funding, Kim and Jens continue to oversee the majority equity stake in the company. Reportedly, they both equally own 1/3 of Skims. At the $4 billion assessment, the estimated value of these 1/3 stakes stands at $1.32 billion each. The July 2023 investment propelled Kim Kardashian’s net worth from $1.4 to $1.7 billion.
Between June 2018 and June 2019, Kim amassed $72 million from multifarious ventures. Subsequently, from June 2019 to June 2020, her income stood at $50 million. Initially, a sizeable chunk of Kim’s annual earnings derived from licensing and endorsement agreements. Notably, she amassed substantial wealth from royalties originating from the mobile game “Kim Kardashian: Hollywood.” The game witnessed over 60 million downloads and yielded $200 million in revenue. To this day, Kim commands a 28% share of the app’s earnings. Besides the mobile app, her yearly proceeds result from endorsements, appearances, reality TV compensation, and paid Instagram collaborations. Adding to her portfolio are tanning products and a clothing line retailed at Sears.
Early Years and Ascension to Prominence
Kim Kardashian, born on October 21, 1980, in Los Angeles, California, commenced her Hollywood journey as a celebrity assistant and stylist. Noteworthy among her initial patrons was socialite Paris Hilton, her close friend.
Surrounded by a large family including siblings Kourtney and Khloe Kardashian, mother Kris, and half-sisters Kendall and Kylie, Kim gradually ascended the ladder of fame to emerge as one of the most influential and famed personalities globally. She personifies a media magnate, overseeing a highly lucrative business realm. Presently, Kim’s enterprise encompasses beauty products, public appearances, television earnings, a fashion line, weight loss items, fragrances, and commercial endorsements.
Kim’s entry into the limelight can be traced back to the release of a controversial sex tape featuring her and Ray J. Leveraging this exposure, she initiated her reality series, Keeping Up with the Kardashians on the E! network. From thereon, Kim’s popularity soared to incredible heights. She ventured into movies, graced countless magazine covers, and featured in several reality show spinoffs, including the recent The Kardashians series introduced on Hulu in 2022. Additionally, she is slated to star in the 12th season of American Horror Story in 2023.
Personal Relationships
Along her journey, Kim Kardashian engaged in relationships with notable personalities from the NFL, NBA, and music industry. In 2011, she got engaged to and married NBA player Kris Humphries, only to end the union after 72 days. This period proved financially beneficial for Kim, earning $18 million from endorsements and TV rights related to the wedding.
Kim tied the knot with music mogul Kanye West following an extensively publicized courtship and numerous appearances by Kanye on Keeping Up with the Kardashians. Their marriage occurred on May 24, 2014, bearing a daughter, North West, on June 15, 2013. Together, they have four children.
On February 19, 2021, Kim initiated divorce proceedings against Kanye. Later in November 2021, she commenced dating Pete Davidson, but their relationship concluded in August 2022.
Interesting Wealth Tidbits
- In March 2010, Kim acquired a $4.8 million estate in Beverly Hills, boasting a Tuscan-style with 5 bedrooms sprawled across 4 acres in a premier real estate locality.
- Initially earning around $15,000 per episode of her reality show, Kim’s compensation eventually surged to $500,000.
- During the filming of “Kourtney and Kim Take New York,” Kim and Kris Humphries lodged at the Presidential Suite of the Ganesvoort Hotel, costing $7000 per night.
- For her wedding, Kim adorned a $2.5 million 65-carat diamond headpiece by Lorraine Schwartz, a $2 million 20.5-carat diamond engagement ring, and 28-carat diamond earrings totaling $5 million. In total, she adorned over $10 million worth of jewelry on her special day, besides spending $150,000 on hair and makeup.
- In 2014, she amassed $28 million.
- Her earnings peaked at $53 million in 2015, asserting her as the highest-paid celebrity that year.
- Since 2015, she has been earning between $50 and $80 million every year.
Kim Kardashian Net Worth Milestones
Tracking Kim’s net worth began in October 2009 with an estimated wealth of $10 million. By 2011, her net worth had grown to $20 million. This increased to $40 million in January 2013. Kim’s fortunes flourished over the next five years as her net worth escalated to $85 million by 2015 and nearly doubled to $150 million by 2017. As of April 2020, Kim Kardashian’s net worth stands at $350 million.
In June 2020, when Coty Inc. acquired a 20% stake in KKW Beauty for $200 million, Kim’s net worth was elevated to $900 million. Her stake in the brand stood at 72%, valued at $720 million post-deal.
By April 2020, Skims’ $154 million funding at a valuation of $1.6 billion led to an increase in Kim’s net worth to $1.4 billion, owning a 50-60% stake in the company.
Real Estate
Kim purchased a mansion in LA’s Bel Air neighborhood for $9 million in 2013. After significant upgrades, she sold the house for $18 million in 2017.
Since August 2014, Kim’s primary residence has been a mansion in Hidden Hills, CA, purchased for $20 million from a doctor who acquired it from Lisa Marie Presley for $5 million in 2010.
She and Kanye extensively remodeled this home over the next two years. In 2018, wildfires came close to their property, but thanks to private firefighters covered by their insurance plan, their mansion and neighborhood were saved. In September 2021, Kim officially transferred the property into her name by paying Kanye $23 million, with $3 million for the interior contents.
In September 2022, Kim acquired a 3+ acre property in Malibu for $70 million, previously owned by Cindy Crawford and Rande Gerber.
Currently, she’s attempting to sell a Calabasas penthouse with a price tag of $2.7 million. Another Calabasas condo was sold for $3.5 million in 2022.
Instagram Earnings
Kim’s earnings for paid Instagram posts range from $300,000 to $500,000, with some reaching $1 million. Lawsuit documents from May 2019 against Missguided USA revealed these figures, showcasing Kim’s earnings and selective brand partnerships. With over 359 million followers, her Instagram earnings potentially surpass $1-2 million per month as of June 2023.
Kim Kardashian’s net worth by year | |
Year | Net Worth |
2009 | $10,000,000 |
2011 | $20,000,000 |
2013 | $40,000,000 |
2015 | $85,000,000 |
2017 | $150,000,000 |
2019 | $300,000,000 |
2020 | $900,000,000 |
2021 | $1,000,000,000 |
2022 | $1,100,000,000 |
2023 | $1,400,000,000 |
2024 | $1,700,000,000 |
The data provided is from the years 2023 and 2024, with forecast data available for 2025 and 2026. Additionally, we have extended the forecast to include data for 2027 and 2028. Africa, Antarctica, Asia, Europe, North America, Australia (Oceania), Middle East, South America.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Kim Kardashian Net Worth (Money & Salary)