Tuesday, April 13, 2021

Forbes officially declares Kim Kardashian a billionaire

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Reality star, Kim Kardashian is officially a billionaire.

Forbes announced her inclusion on the World’s Billionaires list for the first time, citing her two lucrative businesses, KKW Beauty and Skims, as well as cash from “Keeping Up With the Kardashians” and endorsement deals.

Kim’s worth increased from $780 million in October to $1 billion.

The mother of four launched KKW Beauty in 2017 after seeing the success of half-sister Kylie Jenner’s makeup company, Kylie Cosmetics.

Kardashian went on to sell 20 percent of KKW Beauty to Coty for $200 million, which put the value of her company at $1 billion.