Kim Kardashian Net Worth (Money & Salary)

Kim Kardashian’s Net Worth Revelation

Kim Kardashian, the American reality TV icon and entrepreneur, boasts a staggering net worth of $1.7 billion. Known as one of the world’s most renowned and wealthiest celebrities, she annually earns between $50 million and $80 million from her diverse ventures. The primary contributors to Kim’s net worth are her equity stakes in two thriving companies: KKW Beauty, a beauty product line, and Skims, a shapewear brand.

Launched in 2017, KKW Beauty now generates over $100 million in revenue. In June 2020, Kim sold a 20% stake in KKW Beauty for $200 million, valuing the company at $1 billion. This move boosted Kim’s net worth to $900 million. Notably, Skims, which received $154 million in funding in 2021 at a $1.6 billion valuation, has further propelled Kim Kardashian’s net worth. The latest funding round in July 2023 valued Skims at $4 billion, pushing Kim’s net worth to $1.7 billion.

Kim’s earnings aren’t limited to her equity stakes. Besides KKW Beauty and Skims, Kim’s lucrative income sources include endorsements, reality TV appearance fees, and paid sponsorships. Her wealth spiral also benefited from the popular mobile game “Kim Kardashian: Hollywood,” which generated $200 million, with Kim retaining 28% of the revenue. Additionally, she has a range of business endeavors like tanning products and a clothing line at Sears.

From Humble Beginnings to Global Stardom

Kim Kardashian, born in 1980, Los Angeles, embarked on her Hollywood journey working as a stylist and assistant, famously servicing celebrities like Paris Hilton. Over the years, Kim’s rise to fame has been meteoric, transforming her into a media powerhouse. From her reality show debut to blockbuster films and high-profile endorsements, Kim’s empire now spans cosmetics, clothing lines, lucrative TV deals, and retail ventures.

Hitting the limelight with a notorious sex tape, Kim capitalized on the exposure to launch her reality show, Keeping Up with the Kardashians. Her success led to numerous spin-offs, magazine covers, and brand collaborations, solidifying her status as a global icon. Additionally, Kim’s upcoming ventures include a role in American Horror Story‘s 12th season slated for 2023.

Romantic Ventures

Kim Kardashian’s love life has been equally publicized. After a brief marriage to NBA player Kris Humphries, Kim tied the knot with music legend Kanye West, with whom she shares four children. Their marriage concluded in 2021, and Kim’s subsequent involvement with Pete Davidson made headlines until their split in 2022.

Curious Financial Facts

• Kim purchased a lavish $4.8 million mansion in Beverly Hills in 2010.
• Her reality show income surged from $15,000 an episode to $500,000.
• During filming “Kourtney and Kim Take New York,” Kim and Kris Humphries resided in a $7000/night Presidential Suite.
• At her wedding, Kim sported jewelry worth over $10 million.
• Kim earned $28 million in 2014 and $53 million in 2015, ranking her as the highest-paid celebrity globally.
• Since 2015, she has been earning $50 – $80 million every year.

Kim Kardashian Net Worth Milestones

Tracking Kim’s net worth began in October 2009, estimated at $10 million initially. By 2011, her net worth had increased to $20 million. In January 2013, her wealth had grown to $40 million. Over the following five years, Kim’s fortunes experienced significant growth. By 2015, her net worth had reached $85 million. It nearly doubled by 2017 to $150 million. As of April 2020, Kim Kardashian’s net worth stands at $350 million.

On June 29, 2020, Kim’s net worth was raised to $900 million following Coty Inc.’s acquisition of a 20% stake in KKW Beauty for $200 million. This deal valued the brand at $1 billion, with Kim retaining a 72% stake worth $720 million post the transaction.

Further increase occurred on April 9, 2020, when her net worth was elevated to $1.4 billion after Skims raised $154 million with a valuation of $1.6 billion. It is believed that she maintains a 50-60% ownership stake in the company.

Real Estate

In 2013, Kim bought a mansion in LA’s Bel Air area for $9 million. She extensively upgraded the property and lived there while their Hidden Hills estate was being developed. In 2017, she sold the Bel Air house for $18 million.

Kim’s main residence since August 2014 has been a sprawling mansion located in a gated community in Hidden Hills, California. She and Kanye acquired the property for $20 million from a doctor who had purchased it from Lisa Marie Presley in 2010 for $5 million.

After two years of remodeling, Kanye was dissatisfied with the final product in 2016, prompting them to start afresh. In 2019, they purchased neighboring properties in two transactions, expanding their footprint to 7.5 acres. The mansion boasts two swimming pools, two spas, a private vineyard, a full-sized basketball court, and a custom-built mansion.

In 2018, they had to evacuate when a wildfire approached their property. Fortunately, their subscription to an insurance plan with private firefighters saved their mansion and the entire neighborhood was spared, albeit at Kim and Kanye’s expense.

In September 2021, Kim paid Kanye $23 million to transfer the property officially into her name, with roughly $3 million allocated to the home’s interior contents.

In September 2022, Kim acquired a 3+ acre property in Malibu for $70 million, previously owned by Cindy Crawford and Rande Gerber:

As of May 2023, she is attempting to sell a Calabasas penthouse that has been intermittently on the market for several years, sticking to the $2.7 million price tag. In 2022, she listed another Calabasas condo that eventually sold for $3.5 million.

Instagram Earnings

Kim earns between $300,000 and $500,000 for each paid Instagram post, with opportunities reaching up to $1 million. These earnings were revealed through a lawsuit filed against Missguided USA in May 2019. The lawsuit alleged that Missguided replicated Kim’s outfits and misled consumers into thinking they were collaborating with Kim on these designs. Court documents disclosed that Kim earns $300-500k per post, sometimes even hitting $1 million. She selectively partners with brands each month, rejecting offers from brands she prefers not to associate with. Combining all these figures, Kim’s monthly Instagram earnings likely surpass $1-2 million! As of June 2023, she boasts a follower count exceeding 359 million on the platform.

 

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