How much is Kim Kardashian worth?
|Net Worth:||$900 Million|
|Date of Birth:||October 21, 1980|
|Country:||United States of America|
When she was Paris Hilton’s BFF, she could be found in any paparazzi shots of the hotel heiress, but thanks to a “leaked” sex tape and her reality show, Keeping Up with the Kardashians, she has since leveraged her celebrity into a billion dollar brand.
Who Is Kim Kardashian
Kim Kardashian is a television personality, social media influencer, and successful business woman. She has had a fantastic trajectory from somewhat strange beginnings, and though coming from an enormously successful and powerful family, Kim has done well to find success independently as a self-made woman. The most famous Kardashian went from a reality TV show to having over 65.5 million followers on Twitter and 177 million followers on Instagram, as well as having the current president’s personal phone number. Though they come as a group, Kim Kardashian is undoubtedly the most famous of the family, and she has made it on to several “most influential people” lists, including Time Magazine.
We calculate Kim Kardashian has a net worth of $900 million dollars, as of 2020.
How did Kim Kardashian get so rich?
It probably doesn’t come as any surprise that Kim is the most famous and successful social media influencer on the planet, and she arguably began the social media “influencer” phenomenon.
In the mid 2010s, most of Kim’s income came from endorsing products on social media. She was getting paid up to $300,000 per post on social media, whether it was on Facebook, Twitter, or Instagram. A couple of items she promoted through social media include Coca-Cola and teeth whitening kits. Now though, in 2020, the cost for her to promote products has more than doubled, and she now charges $720,000 per social media posts, but the products are now mostly beauty products.
Kim is a business woman now more than ever and she has several different ventures all that have earned her tens of millions. One of her most successful projects was her app, Kim Kardashian: Hollywood, released in 2014, it made over $43 million, and it would infamously help Kanye pay off his debt. Hollywood isn’t her only app, she also released Kimoji the following year, which also saw massive success.
Besides endorsing branded products on social media and creating apps, Kim released Selfish in 2015, a coffee table book full of selfies and photos of herself with celebrity friends. A limited edition of the book sold out within a minute when it went up online. But most of her wealth comes from her make up lines. The Kardashian has accrued over $100 million from her beauty line, KKW Beauty, as well as selling tanning products.
On June 29, 2020, Coty Inc acquired 20% of Kim Kardashian West’s beauty brand, KKW Beauty for $200 million dollars. This valued the company at $1 billion dollars and, after the deal, Kardashian still owns about 72% of the company which has a value of $720 million dollars.
Why is she so famous?
Kim Kardashian first got a hint of what it’s like to be a celebrity when the she appeared throughout Paris Hilton’s mid 2000s reality show, The Simple Life, as she was Hilton’s personal stylist at the time. But it wasn’t until the leak of her sex tape with Ray J when she started to see real fame. It is rumored that Kim’s mother, Kris Jenner, had encouraged her to film a sex tape, because that’s what made Paris Hilton so famous, though she has denied these claims.
The tape leaked in 2007, five years after it was recorded, which coincided with the first season of Keeping Up With The Kardashians. The first episode famously sees Kim nervous to go on the Tyra Banks show, which is a far cry from the successful and influential business woman she is today. Keeping Up With The Kardashians, which follows all the family members daily life, whether it’s attending business meetings or going on vacation, has been on the air for a shocking 13 years. There have been 18 seasons and 256 episodes, not including five specials. Though the show is subject to constant panning from critics, season after season, it is clearly a massive success with audiences and it has no signs of ever going away. It constantly wins buckets of Teen Choice Awards year on year. There was even a spin off Kourtney & Kim Take Miami, which lasted for three seasons as the promoted their fashion boutique, Dash.
In 2014, famously Kim posed nude for the magazine, Paper. The day of release, Paper’s website received more than 15 million views. Though you might think the Kardashian was paid hundreds of thousands of dollars for the shoot as it was no doubt extremely lucrative for the magazine, she did it completely for free out of the excitement of working with the celebrated photographer, Jean-Paul Goude. Apparently, Kim stripping down and getting completely nude was a spontaneous moment and not at all planned. It made people who don’t even pay attention to her do a double take and it excelled her brand. She had the last laugh as the world was scrambling to see her side-boob in a photo when she already had a sex tape out. The photo shoot really did break the internet just as the cover suggested.
What makes her so successful?
In the late 2000s it seemed like she would try anything to get famous, and after appearing in a few under-performing movies, she was throwing anything at the wall to see what stuck. This culminated in 2011 when she released the pop song, “Jam (Turn It Up),” to very little fanfare and it didn’t perform as well as the Kardashian had hoped, even despite being produced by famed R&B singer, The-Dream, and a music video directed by Kanye West collaborator, Hype Williams.
She eventually found her footing, and though Kim Kardashian was born in to a famous family, she has done extremely well to become her own boss, create several businesses, and continue to be an influencer all these years later. From the beginning, Kim Kardashian’s goal was the very title of this article, to get rich and famous, which she achieved with flying colors through trial and error.
It may be easy to say that the reality TV star was born with a silver spoon in her mouth, but through some surprising hardship, endorsing products online, and completely becoming a brand with phone apps and photo shoots, Kim Kardashian built an empire. That empire is the reason why she has an estimated net worth of $900 million. Together with her husband Kanye West, they have a combined net worth of a reported $1.65 billion. Though if you ask West himself, he will tell you $3.3 billion.