Kim Kardashian is officially a billionaire with lucrative beauty brand, SKIMS and endorsement deals

Kim Kardashian is officially a billionaire! KUWTK star reaches wealthy status with lucrative beauty brand, SKIMS and endorsement deals

  • The Keeping Up With the Kardashians star was included in Forbes magazine’s World’s Billionaires list for the first time 
  • Kim’s worth increased from $780 million last October to $1 billion after she cashed in on KKW Beauty by selling 20 percent of the business for $200 million
  • Her businesses as well as cash from reality TV and endorsement deals were credited for her vast wealth 
  • She launched the beauty brand in 2017 after seeing the massive success of half-sister Kylie’s cosmetics company  

Kim Kardashian West is officially a billionaire.

The Keeping Up With the Kardashians star was included in Forbes magazine’s World’s Billionaires list for the first time, which cites her businesses, KKW Beauty and SKIMS, as well as cash from reality TV and endorsement deals for her vast wealth.

Kim’s worth increased from $780 million last October to $1 billion after she cashed in on KKW Beauty by selling 20 percent of the business to Coty for $200 million.

Congrats: The Keeping Up With the Kardashians star was included in Forbes magazine’s World’s Billionaires list for the first time, which cites her businesses, KKW Beauty and SKIMS, as well as cash from reality TV and endorsement deals for her vast wealth

The 40-year-old star launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner’s makeup company Kylie Cosmetics.

When she announced the project, Kim said: ‘It’s the first time I’ve moved away from having licensing deals and transitioned into being an owner.’

Kim went on to launch SKIMS in 2019 and has since included bras, bralettes, bodysuits and shorts to the range of solutionwear, which was initially supposed to be called Kimono but received backlash for cultural appropriation. 

Impressive: Kim's worth increased from $780 million last October to $1 billion after she cashed in on KKW Beauty by selling 20 percent of the business to Coty for $200 million

Impressive: Kim’s worth increased from $780 million last October to $1 billion after she cashed in on KKW Beauty by selling 20 percent of the business to Coty for $200 million

Shapewear: Kim went on to launch SKIMS in 2019 and has since included bras, bralettes, bodysuits and shorts to the range of solutionwear, which was initially supposed to be called Kimono but received backlash for cultural appropriation

Shapewear: Kim went on to launch SKIMS in 2019 and has since included bras, bralettes, bodysuits and shorts to the range of solutionwear, which was initially supposed to be called Kimono but received backlash for cultural appropriation

Kylie had been given the title of the world’s youngest self-made billionaire by Forbes in 2019 but had the title removed after the publication claimed that she ‘inflated’ figures about her business affairs.

Kim previously defended her half-sister on the issue, claiming that Kylie hasn’t had any of her success ‘handed’ to her after her appearance on the cover of Forbes’ America’s Richest Self-Made Women issue prompted ridicule from some of her critics.

The mother-of-four said: ‘You know, everyone has a team, I don’t care who you are. But when you don’t get it from someone else, that’s ‘self-made.’

Sweet: The 40-year-old star launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner's makeup company Kylie Cosmetics

Sweet: The 40-year-old star launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner’s makeup company Kylie Cosmetics

Family forever: Kim previously defended her half-sister on the issue, claiming that Kylie hasn't had any of her success 'handed' to her after her appearance on the cover of Forbes' America's Richest Self-Made Women issue prompted ridicule from some of her critics

Family forever: Kim previously defended her half-sister on the issue, claiming that Kylie hasn’t had any of her success ‘handed’ to her after her appearance on the cover of Forbes’ America’s Richest Self-Made Women issue prompted ridicule from some of her critics

‘She made her own money for over a decade, she put it in the bank, she saved every nickel.

‘And then, when she decided on what she wanted to do, she spent her money on a venture that could have gone south or north, and it did really well.’

It’s unclear how her new status will affect the looming divorce drama as her estranged husband, Kanye West, reportedly changed his number and will only communicate with his ex via security guards after she filed for divorce in February after nearly seven years of marriage.

The rapper also reportedly ‘cut her off’ but is not cutting off his communication with their four children, North, seven, Psalm, five, Chicago, three, and Psalm, 22, month, with various nannies helping make the co-parenting experience easier.

Yikes: It's unclear how her new status will affect the looming divorce drama as her estranged husband, Kanye West, reportedly changed his number and will only communicate with his ex via security guards after she filed for divorce in February after nearly seven years of marriage; seen in 2016

Yikes: It’s unclear how her new status will affect the looming divorce drama as her estranged husband, Kanye West, reportedly changed his number and will only communicate with his ex via security guards after she filed for divorce in February after nearly seven years of marriage; seen in 2016