Forbes announced Tuesday the inclusion of American media personality Kim Kardashian on the World’s Billionaires list for the first time.
The magazine cited the reality star’s two lucrative businesses, KKW Beauty and Skims, as well as cash from “Keeping Up With the Kardashians” and endorsement deals, which increased from $780 million in October to $1 billion.
The “KUWTK” star launched KKW Beauty in 2017 after the success of اثق half-sister Kylie Jenner’s makeup company, Kylie Cosmetics. She sold 20 percent of KKW Beauty to Coty for $200 million, which put the value of her company at $1 billion.
Furthermore, she launched shapewear company, “Skims” in 2019 and presented loungewear during the pandemic when women started leaning into cozier clothing while being quarantined.