Net Worth: $1.8 B

LAST YEAR: NA
CHANGE: NA
AGE: 41
RESIDENCE: Hidden Hills
SOURCE OF WEALTH: Clothing, cosmetics

THE MONEY: A media personality and businessperson, Kardashian has leaned heavily into the clothing industry with Skims, a shapewear brand launched in 2019 that registered about $275 million in sales last year, according to Bloomberg. Skims told Bloomberg in January that it is expecting $400 million in sales this year. Flanking Skims is cosmetics company KKW Beauty. Forbes estimated that Kardashian’s stake in the company is 72%. Further sources of income for Kardashian range from her role on “Keeping Up With the Kardashians,” “The Kardashians,” her mobile game, endorsements and real estate.

THE BUZZ: Kardashian broke into the billionaire bracket last year, and this year gained more ground when Skims raised $240 million in January, doubling the company’s valuation to $3.2 billion. This summer, Kardashian released Skkn by Kim, a skincare set/system priced at $575 a unit. The product was launched in partnership with multinational beauty company Coty. However, Skkn has not launched without a hitch, as Kardashian is facing a trademark infringement lawsuit brought on by Beauty Concepts. The beauty product company is contending that Kardashian’s Skkn by Kim product is too similar, and will overshadow its salon and spa services, that operate as Skkn+. The result of the lawsuit may be a factor in Kardashian’s future net worth, as the new product could potentially provide tens or hundreds of millions of dollars in revenue.