Introduction
Kim Kardashian is one of the most recognizable names in the world today. With her reputation as a reality TV star, businesswoman, and fashion icon, she has amassed an incredible fortune through her various ventures. Kardashian’s net worth has been a topic of discussion for years, not only because of her celebrity status but because of the diverse range of businesses she’s built.
Investigative Piece
To truly understand the complexity of Kim Kardashian’s net worth, it’s essential to examine each of her ventures and revenue streams. Kardashian has made money through various business ventures like her mobile video game, Kim Kardashian: Hollywood, which generated $200 million in just two years after its release. She co-founded the makeup and beauty line KKW Beauty, which earned $100 million in its first year. Similarly, her shapewear line, Skims, reportedly earned $2 million within minutes of its launch.
Other ventures that have contributed to Kardashian’s net worth include her Kimoji app, which features emojis and GIFs of the Kardashian family and earned $1 million per minute during its launch, and her fragrance and clothing lines. Additionally, Kardashian has made money from her reality TV show, Keeping Up With the Kardashians, which has been on the air for over 14 years.
Based on various estimates, Kardashian’s net worth is currently around $350 million.
Comparison Piece
Compared to other celebrities, Kardashian’s wealth is relatively high. For instance, her half-sister, Kylie Jenner, is worth an estimated $900 million, mostly due to the success of her makeup line. Similarly, Beyoncé’s net worth is estimated to be $500 million, while Jeff Bezos, the richest man globally, is worth $182.1 billion.
In comparison to the Kardashian family, Kim’s wealth is similar to her husband, Kanye west, who is worth an estimated $240 million. However, other family members fall short of her asset value, with Khloé Kardashian and Kourtney Kardashian, worth an estimated $50 million and $45 million, respectively.
Research-Based Piece
Public records and financial statements have helped provide a comprehensive view of Kardashian’s income sources. Her ventures are divided into various categories like television, social media, and fashion. Her businesses account for the most significant slice of her net worth, while her social media endorsements and partnerships contribute additional income.
In 2019, Forbes ranked Kardashian as the 26th highest-paid celebrity in the world, estimating her earnings to be $72 million, $67 million of which came from KKW Beauty and Skims. Additionally, she reportedly made $20 million from mobile video game and $4.5 million from her endorsements of various products on social media.
Opinion Piece
Given Kardashian’s incredible financial success, many have shared their opinions on the source and legitimacy of her wealth. On one side, her supporters attribute her business savvy and hard work for her financial gains. They see the attention-grabbing empire she has built as proof of her creativity and entrepreneurship.
Others criticize the celebrity culture that has allowed Kardashian to make such a substantial income. They argue that her fame is not enough to validate her business acumen and that her success is simply a byproduct of her name recognition. Despite these criticisms, Kardashian continues to build her business empire and wealth.
Detail Performance Evaluation
Over the years, Kardashian has invested in various businesses and projects, some of which have been more successful than others. Kardashian’s cosmetic and fashion brands have been highly profitable for her. Nonetheless, her venture into banking, partnering with Kevin Durant and Michael Rubin to launch the startup fintech app, ‘Current,’ ended in 2020 due to pandemic related issues.
Kardashian’s investment in the Subscription-based workout app, FitGurlMel, also gained considerable backlash after Mel shared the extreme dietary plan and promised to make clients lose 30 pounds in 60 days. Consequently, Kim’s fans have accused her of promoting unhealthy body standards. Despite these few controversies, Kardashian’s investments and businesses continue to be lucrative sources of income.
Coverage of Future Investments
Kim Kardashian’s business ventures have shown longevity and profitability over the years. Her Skims line has extended further into sleepwear, loungewear and is set to launch a bridal collection in 2021. Moreover, Kardashian expanded KKW Beauty into skincare products, which have been highly successful.
Kardashian’s stake in her husband’s Yeezy brand also serves as a massive income source for her, with him having signed a deal that will value Yeezy at $3.2 billion. Kardashian recently filed for divorce from her spouse, but the success of the Yeezy brand ensures that her finances will not be affected.
Conclusion
Kim Kardashian’s net worth has been the subject of discourse for years. Her diverse range of businesses and ventures have earned her a substantial fortune that many envy. Despite criticisms, Kardashian has shown that she is not just a celebrity but a business mogul who has made tremendous strides in the business world. The future of her investments is bright, and we can only wait and anticipate her next move.
