Kim Kardashian, who does business in cosmetics and shapewear has been declared a billionaire by Forbes magazine. Her worth is now $1billion, up from $780 million in October. This is due to two lucrative businesses-KKW and Skims and also money from reality television endorsement deals.
She now joins her soon-to-be ex-husband Kanye West in the billionaires club Forbes. Kanye’s net worth of $1.8 billion is mainly from his Yeezy sneaker and fashion line.
Kim has filed for divorce from Kanye in February citing irreconcilable differences. Kim founded KKW Beauty in 2017 and promoted and sold products online.She has around 213 million Instagram followers. She launched the multihued shapewear line Skims in 2019.
To celebrate her billionaire status, she posted a picture of herself in a bikini on a beach and captioned it “Bliss”.She also announced the launch of the first Skims pop-up shop at a high end shopping mall in Los Angeles.
Her sister Kylie Jenner lost her billionaire status and her net worth is currently $700 million due to the tough year for cosmetics sales caused by the coronavirus pandemic.