Take that, haters. There’s a new report that says Kim Kardashian is not only a reality television, divorced, and a single mom, but she’s also a billionaire. Yes, we said billionaire and not just millionaire. Here’s what you need to know.
According to reports, Kimmy Cakes’ worth increased from $780 million in October to $1 billion. That’s a lot of money for a person that a lot of people claim to hate.
As many fans and critics alike know, the curvaceous brunette launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner’s makeup company, Kylie Cosmetics.
Kim Kardashian Is A Divorced Single Mom And A Billionaire
What’s more, Kim has sold 20 percent of KKW Beauty to Coty for $200 million, which put the value of her company at $1 billion.
If that weren’t enough, the mother-of-four has also launched shapewear company Skims in 2019 and moved on to loungewear during the pandemic when women started leaning into cozier clothing while during the quarantine months. She holds a majority stake in the company, which as of press time hasn’t disclosed its revenues.
Of course, Kimmy Cakes isn’t the only billionaire around. Her soon-to-be ex-husband Kanye West is worth an estimated $6.6 billion, according to reports. This time last year reports said that Kanye officially became a billionaire but now he’s a billionaire six times over.
According to Fox News Business, Kanye’s wealth is tied up in his apparel businesses. He has an additional $1.7 billion in other assets, including a major investment in his estranged wife Kim Kardashian‘s Skims shapewear line.
Kanye has two major partnerships with both The Gap and Adidas. The German sports apparel company called its deal with West “the most significant partnership ever created between a non-athlete and an athletic brand.” As many fans know by now, Kanye West’s high-end athletic shoes routinely sell out within minutes of going on sale online.
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