Is Kim Kardashian a billionaire? | Kim Kardashian's Net Worth
Keeping up with Kim Kardashian’s net worth (Brace yourself!)
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I’ve already admitted to being a big fan of garbage television, and I’m not going to lie… I love to keep up with the Kardashians. Between the extreme opulence and sibling rivalry, I can’t get enough. The show’s most obvious star is Kim Kardashian (Well, Kim Kardashian West, as she’s married to Kanye West). But what makes Kim a star? And what’s her net worth? Let’s take a deep dive and find out!
Who is Kim Kardashian?
Other than the originator of the “celebrity sex tape”, Kim Kardashian is a business owner with a TV show, a makeup empire, a line of shapewear, an app, a social media following that rivals the pope, four children, a famous husband, and a family of major characters.
She has figured out how to monetize every portion of her life and she is earning passive income like nobody’s business. Her ability to market and monetize her whole life has even earned her the title of the richest Kardashian. She’s even rumored to be a freakin’ billionaire… Personally, I’m not sure I’d trade my private life for a billion dollars but she sure makes that wager look glamorous!
How did Kim Kardashian make her money?
Kim first gained major attention (and money) after an infamous sex tape featuring her and the musician known as Ray J was released… But she wasn’t shamed by something others might consider embarrassing. She partnered with Ryan Seacrest to roll her infamy into a reality show, Keeping up with the Kardashians on the E! network.
Since then, Kim's fame has grown astronomically. She has appeared in movies and TV shows, graced thousands of magazine covers, and has approximately fifty business deals going at a time. She even found a way to monetize her (failed) second marriage to NBA player Kris Humphries. The marriage lasted only 72 days, but Kim made $18 million off of endorsements and TV rights to this wedding.
So what is Kim Kardashian’s net worth in 2020?
...and is she a Billionaire?! Short answer: No she isn’t. Long answer: She’s pretty dang close to being one! As of 2020, Kim Kardashian’s net worth is $900 Million. Similar to Jessica Simpson’s net worth journey, in June 2020, Kim sold a 20% stake in KKW Beauty Line for $200 million, valuing the company as a whole at $1 billion. As a result of this fundraising round, Kim's net worth increased from $300 million to $900 million!
What does Kim Kardashian do for a living, and how much does she earn?
Kim Kardashian is taking home a cool $80 million per year. Between KKW Beauty, SKIMS (her shapewear line), various Instagram endorsements, and endless magazine photoshoots, she is currently training to be a lawyer. Soon she’ll be making money in the courtroom as well as in the court of public opinion. I wonder how much of a boost she’ll get to her $80 million per year salary when she passes the bar? Talk about a lucrative side hustle!
Is Kim Kardashian a domestic engineer?
Not only is she a domestic engineer, she’s managed to raise four kids in a house that looks like an actual museum. She got her start in Hollywood by organizing celebrity closets, so you KNOW this house is very organized.
She likely has some help managing all of her kids (shout out to the original “Momager”, Kris Jenner for laying the groundwork for Kim), but her willingness to put her whole life on TV reveals that she is a genuinely caring mom.
In a recent interview with Australian outlet The Sunday Project, Kim shared that parenting is the topic she researches “more than anything else, from reading tons of books to having conversations with a lot of people.”
She also said that she tries to teach her kids “No matter what you’re given and no matter what you have, you have to treat people with respect.”
“I do the best I can, and I really do believe my children are well adjusted and know they are blessed, but understand to be really compassionate,” she continued. “They’re really good people, and that is my No. 1 goal in life.”
Though her budget might be different, it seems pretty clear that she works hard to balance life, parenting, and work, just like any other average domestic engineer.
How can I make money like Kim Kardashian?
You could go the racy video and photoshoot route…
OR you could figure out which side hustles you excel at and find a way to monetize the heck out of them. That’s the true genius of Kim Kardashian, she knows her strengths and she plays to them. If you want to emulate her success, you just need to figure out what you’re passionate about and go out there and promote yourself.
Photoshoots, reality television, and dedicated apps only tell some of the story. Kim Kardashian has shown she knows how to identify a niche and monetize it, and her net-worth proves it. Do you admire Kim’s hustle? Or are you tired of her? Sound off in the comments!
The featured image in this article is credited to Eva Rinaldi.