Net Worth: $1.6 B

LAST YEAR: 1.8

CHANGE: -11%

AGE: 42

RESIDENCE: Hidden Hills

SOURCE OF WEALTH: Clothing, cosmetics, reality TV



THE MONEY: The apparel brand Skims, co-founded and promoted by Kardashian, secured a $4 billion valuation in its latest funding round announced in July. Starting from Instagram ads and now expanding into retail stores, the company is on track for $750 million in sales this year. The entrepreneur’s skincare company, SKKN by Kim, is a rebrand of the media personality’s former cosmetics company KKW Beauty. Forbes estimated Kardashian owned a 72% stake in KKW Beauty. The dissolvement and relaunch of her makeup empire accounts for the dip in her net worth.



THE BUZZ: Kardashian is making moves with the additional Skims capital. In July, The Wall Street Journal reported Kardashian was in talks to buy back a 20% stake in SKKN by Kim from Coty. Outside of beauty, Kardashian is fundraising for her own private equity firm, SKKY Partners. The firm, which was co-founded with former Carlyle Group Inc. veteran Jay Simmons last year, seeks $1 billion for its debut fund, which would focus on consumer, retail and media investments.