KIM Kardashian’s wealth has increased by a staggering 600 million dollars as a result of the huge success of her shapewear label SKIMS.
According to Forbes, the Keeping Up With The Kardashians actor’s shapewear label is now worth 3.2 billion dollars, putting her net worth at an approximate 18 billion dollars.
This is an increase from 780 million dollars in October 2020, according to Forbes.
Earlier this week, it was revealed that 239 million dollars had been invested in the hot clothing project, which was started in 2019 and presently generates 274 million dollars in annual sales.
According to a publication, Kim Kardashian, aged 41 years, owns about a third of the company, which is valued at 900 million dollars.
Revelation by Goldie Schon
Legal counsel Goldie Schon stated that Kim Kardashian’s latest contract with TEAM USA at the TOKYO OLYMPICS will probably “make a whole lot because it’s just another platform that provides her global publicity.”
“As soon as the loungewear appears on her official site, she will easily break the Internet,” she proceeded. Kim will potentially earn 10 million dollars, and much more.”
Kim Kardashian’s businesses, which include the Beauty and fragrance company KKW Beauty, have become hugely popular among young buyers as a result of her massive social media following.
Olympians from the United States have worn SKIMS “loungewear and underwear” in both the summer Olympic games in Tokyo and the winter Olympic games in Beijing.
Goldie Schon added that Kim Kardashian swiped a huge “financially rewarding” advantage for her company, as the Olympic games will be broadcasted worldwide.
“For her, the publicity is outstanding,” stated the legal counsel. “How amazing it is to receive such an account. Simply astounding. ” She has demonstrated to the world that sex and sensationalism can turn anyone into a multimillionaire.
Keeping Up With Kim
Celebrities such as Kim Kardashian’s sister Kourtney Kardashian, pop star Billie Eilish, and Kanye west’s new girlfriend, artist Julia Fox, have all appeared in the sought-after pieces.
To that end, Kim, who is preparing to film The Kardashians, a new Hulu reality series about her family, wants to see the business expand even further.
“With SKIMS, we think we have a chance to create our category in retail, just as Lululemon and Starbucks did in their particular fields,” chief executive Jens Grede stated “. “The reason we’re doing this is that we want to make sure we’re ready for whatever comes our way in the future”.