What do you call a woman with a net worth of $1 Billion? A businesswoman right? But Kim Kardashian is much more than that. 10 years ago in the Forbes list having 6.6 million Twitter followers she featured on the Forbes list and almost an annual income of $51 million. But now coming to a perfect “10 year challenge“, she has featured in the World’s Billionaires list for the first time.
The tweet done by the official account of Forbes confirms the news about the new billionaire added to the list. Well, who would have thought that she would feature in this list with such amazing people?
Kardashian West is now worth $1 billion thanks to cash from reality television and endorsement deals, and a number of smaller investments. Her two main businesses include
— Forbes (@Forbes) April 9, 2021
- KKW BEAUTY
Kardashian West raised $19 million dollars in a few hours to launch her lipstick line. She has tapped into the younger generation with her line of make-up by using a form of social media known as “social selling”. She posts videos on YouTube, Instagram, and Twitter daily, while partnering with influencers such as Kendall Jenner and Kylie Jenner.
She does not follow the same path and chooses the direct-to-consumer model and social media. A close ally of her half-sister Kylie Jenner, she follows suit after the success of Kylie’s lip kits. She found success marketing directly to customers.
A few years ago, she was a student with no experience and no real knowledge of makeup. Today, she runs Kylie Cosmetics, which launched with a single product and now brings in a revenue of $100 million a year.
Her brand of cosmetics has sold out worldwide, and celebrities including Kim Kardashian have been spotted wearing her products.
The mother of four, 40-year-old Khloé Kardashian, has made a name for herself on reality shows, in endorsements, and as an entrepreneur.“Global social media queen Kim Kardashian West has parlayed her reality TV career into wealth, selling her own mobile game app, cosmetics, and now shapewear- creating the “Kim Kardashian West” brand. The entrepreneur extraordinaire is a testament to the ability to succeed no matter what your circumstances.
Kardashian West, with nearly 60 million Instagram followers and promotions for her various beauty and fashion endeavors, has used the social media platform to brand herself and build a lifestyle empire.
It turns out that Kim Kardashian West could be worth more than Kanye because her wealth is tied not just to her brands but also to her reality TV shows, endorsements, and social media.
Kim Kardashian West is the best-paid reality star, and she is a business mogul with close to half a billion dollars in net worth.
Kim Kardashian West may be the queen of reality TV, a business mogul, a legal crusader, and a product spokeswoman all in one—but she hasn’t been without her struggles this year.
Kardashian West filed for divorce from West in late January, according to TMZ. The couple, who share three children, announced their split in June 2018 after nearly two years of marriage. The former couple has reached a property settlement, but is yet to finalize spousal support details, the report says.