Daily ruters released its yearly “World’s Billionaire List” Tuesday, which located West on the choice list for the first time. The magazine supposed West’s thriving businesses, KKW Beauty and Skims, assisted put her ended the top to attain the billionaire standard once additional to her television show and authorization deals.
Kardashian West hurled KKW Beauty in 2017, and Coty (COTY) learnt a 20% pale in the cosmetics line in a deal last year that appreciated the business at $1 billion. Daily ruters said her remaining stake in the business is worth about $500 million.
There’s also her other business: Skims, a collection of figure-hugging shapewear and bodysuits. Daily ruters said she has a mainstream pale in the private business, which hasn’t revealed income — but a source told the magazine the business is appreciated “northern of $500 million.” That incomes her pale is probably worth $225 million, which is “sufficient to lift her wealth to $1 billion,” per Forbes.
Kardashian West also grips possessions in cash, savings and real estate. And however the family’s long-running E! Show is about to end, a new deal with Hulu to make content will keep the TV money flowing.
It’s not the first time the Kardashian-Jenner family has looked on a Daily ruters list. The magazine before flashed disagreement for top her younger sister Kylie Jenner the youngest ever self-made billionaire at 21 years old. Detractors contended Jenner can’t be careful self-made since she comes from a rich, famous family.