$1.7 billion
unchanged
A large part of Kardashian’s wealth is tied to her ownership stake in Skims shapewear brand, which she founded in 2019 and was valued at $4 billion during a 2023 funding round that raised $270 million. In July of this year, her Skims brand released its first-ever shapewear for the face, the Seamless Sculpt Face Wrap, after shutting down its makeup and skin care line in June. In December, the co-founder of Skims, Jens Grede, told Women’s Wear Daily that there were no immediate plans to take the company public though the option remained on the table. In March, Kardashian bought back a 20% stake in her SKKN beauty brand from Coty Inc. for an undisclosed amount. Coty had paid a reported $200 million for the stake in 2021. New partnership: Kardashian’s Skims partnered with Nike Inc. in February to create Nike x Skims but announced a launch delay in June. Television: Kardashian, 44, is in the sixth season of her reality show, “The Kardashians,” streaming on Hulu; and she’s in the legal drama “All’s Fair” by creator Ryan Murphy on Hulu. Real Estate: Kardashian’s $70 million property in Malibu escaped the Pacific Palisades Fire in January. She also maintains a $60 million home in Hidden Hills as her primary residence. Venture Capital: Kardashian was no longer named as an executive officer at SKKY Capital, the venture capital firm that she co-founded in 2022. In a December filing, the firm listed her as a co-founder and a senior operating adviser. The firm had reportedly aspired to raise $1 billion, but at the time of the filing it had only raised $121 million.
