Kim Kardashian has mastered the art of self-promotion and personal branding over the years. In fact, the wife of Kanye West was called “Social Media Maven” as she continues to gain followers even after all the scandals and feuds that happened.
From simply being the daughter of Kris Jenner and close pal of Paris Hilton, Kim Kardashian was able to make a name for herself and became a full-fledged millionaire. What is the net worth of the KKW Beauty line owner?
Kim Kardashian’s net worth in 2020
Reports have it that the Keeping Up with The Kardashians star has an estimated worth of $900 million as of June 2020, as per Forbes. It was, previously, claimed that Kim Kardashian only had an under $50 million net worth. However, the value ballooned after she sold a 20-percent stake in her very own beauty line to Coty for $200 million.
KKW Beauty has been valued at $1 billion. However, Kim Kardashian now owns around 72 percent shares in the company while her mom, Kris Jenner, owns eight percent. The mother-of-four is tasked with improving the line’s creative side while Coty will have to focus more on expanding its product development.
Most, if not all, fans are aware that Kim Kardashian owes a lot of her fortune from the success of the KKW Beauty line, which generated more than $100 million in revenue last year. Of course, add to that her earning in their family’s reality show and some major endorsement deals.
At the moment, Kim Kardashian ranks third as a member of the Kardashian-Jenner clan with the highest net worth. Her husband, Kanye West, nabbed the first spot with a net worth of $1.3 billion as of April 2020 while Kylie Jenner got second place with a $1 billion net worth, which made her the youngest billionaire in the world and the youngest self-made billionaire of all time.
Kim Kardashian celebrates Saint’s birthday with a sweet note
Meanwhile, Kim Kardashian touched the hearts of many when she posted a lengthy and heartwarming message dedicated to her son, Saint, during the latter’s 5th birthday. The sister of Kourtney and Khloe said, in her message posted on Instagram, that she could not wait to see Saint grow older.
Kim Kardashian even revealed that her son always brings joy into her soul every single day and that Saint is a very happy type of kid. “You will always be my baby boy. Enjoy your golden bday this year Sainty,” she went on.
Stay tuned to Entertainment Times for the latest news and updates about Kim Kardashian.