Kim Kardashian is one of the biggest celebrities and influencers in the world today. As a model, businesswoman, socialite and star of the hit reality show “Keeping Up With the Kardashians,” Kim has built an empire and amassed an incredible net worth. But how much is Kim Kardashian actually worth? Let’s take a deep dive into Kim’s assets, businesses and career history to find out.
What is Kim Kardashian’s Net Worth?
As of 2023, Kim Kardashian’s net worth is estimated to be $1.4 billion, according to Forbes. This makes her one of the richest celebrities in the world and the wealthiest member of the Kardashian-Jenner family.
The majority of Kim’s wealth comes from her various business ventures, including:
- KKW Beauty cosmetics line
- SKIMS shapewear brand
- Paid endorsements and sponsorships
- “Keeping Up With the Kardashians” salary and royalties
- Real estate investments
- Stock holdings and investments
She built her empire leveraging her huge social media following and fame from her TV show into a series of lucrative businesses.
How Kim Kardashian Built Her $1.4 Billion Net Worth
Kim Kardashian first gained media attention in the early 2000s as a friend and stylist of Paris Hilton. In 2007, Kim gained more fame after a sex tape with her boyfriend Ray J was leaked.
Later that year, Keeping Up With the Kardashians premiered on E! and turned Kim and her family into huge stars. This launched the beginning of the Kardashian empire.
Over the years, Kim expanded her fortune by:
- Monetizing her huge social media following to earn millions from endorsements and sponsorships
- Launching her own mobile app and games like Kim Kardashian: Hollywood
- Publishing books like her 2015 Selfish photography book
- Earning up to $500,000 per paid appearance or Instagram post
However, Kim really hit her stride as a savvy businesswoman in recent years with the launch of KKW Beauty and SKIMS.
In 2017, Kim launched KKW Beauty as an online cosmetics retailer. She started with 300,000 contour kits that sold for $48 each and generated $14 million in revenue within minutes.
Since then, KKW Beauty has expanded into eyeshadows, concealers, perfumes and more. Total annual revenue hit over $100 million by 2018.
In 2022, it was reported that Kim sold a 20% stake in KKW Beauty to Coty Inc. for $200 million. This values KKW Beauty at $1 billion. Kim retains 72% ownership and creative control.
In 2019, Kim launched SKIMS, a shapewear, underwear and loungewear brand. The company was originally named Kimono but quickly changed names to avoid controversy.
SKIMS features products designed for an inclusive range of body types and skin tones. The brand took off quickly, generating over $2 million in sales within minutes of its launch.
SKIMS is now valued at over $3.2 billion. Kim owns 35% of the company.
Between KKW Beauty and SKIMS, Kim’s majority stakes in these hugely successful companies make up the bulk of her massive fortune. But she has also earned big from other ventures:
- Reality TV salary: During the peak of Keeping Up With the Kardashians, Kim earned up to $10 million per season. Her current Hulu deal with her famous family is worth at least $100 million.
- Mobile apps & games: Kim’s Hollywood app raked in $1.6 million in its first 5 days. She has also earned big from branded games.
- Endorsements: From diet teas to clothing and even cryptocurrency, Kim can make up to $1 million per sponsored post on social media.
- Real estate: Along with several luxury homes, Kim and Kanye own over $100 million in real estate.
- Investments: Kim has made smart investments in stocks like Disney, Amazon, Netflix, and Adidas that contribute to her wealth.
With all these income sources, Kim Kardashian has accumulated an astounding net worth of $1.4 billion.
Kim Kardashian’s Assets and Lifestyle
Kim’s massive net worth allows her an outrageously lavish billionaire lifestyle. Here’s a look at some of Kim’s most valuable assets and extravagances:
Real Estate Portfolio
- Primary mansion in Hidden Hills, CA worth $60 million
- 3-acre oceanfront Malibu estate worth $70 million
- Multiple properties in LA, Miami and Wyoming worth over $100 million total
- Custom Lamborghini Urus SUV worth $300,000+
- Rolls-Royce Ghost $350,000
- Mercedes Maybach $200,000+
- Range Rover Autobiography $100,000+
- Rolls Royce Phantom $500,000
- Promotional “Ice Cream Truck”
Jewelry & Accessories
- 20+ carat Lorraine Schwartz engagement ring from Kanye West worth up to $10 million
- Custom Lorraine Schwartz choker with nearly 400 carats worth over $2 million
- Hermès Birkin handbag collection worth over $1 million
- Daily jewelry and accessories valued at over $10 million
Fashion and Beauty Treatments
- Fashion collection worth millions, including Birkins and couture
- Gets “vampire facials” using her own blood
- Personal beauty team, trainers, chefs, assistants
- Private jet flights around the world
- Tropical vacations several times per year costing 6 figures
- Stays in luxury suites at best hotels in the world
Kim’s lavish lifestyle reflects her estimated 9-figure fortune. She lives an over-the-top billionaire lifestyle thanks to her mega-successful business ventures.
How Kim Kardashian Spends Her Money
As one of the world’s richest celebrities, Kim Kardashian is not afraid to spend money. Here’s an in-depth look at how she spends her $1.4 billion fortune:
- Real estate – Kim owns lavish homes worth over $100 million in total, her largest being a $60 million mansion in Hidden Hills, California.
- Fashion – She spends millions on her wardrobe, including hundreds of thousands per year just on Birkin bags. She’s known for wearing outfits only once.
- Beauty & grooming – Kim gets regular facials, massages, hair appointments, makeup applications, laser treatments and other beauty procedures. Her annual beauty budget is estimated at over $100k.
- Private flights – She flies exclusively on private jets for security and convenience, costing her tens of thousands per flight.
- Security – Kim employs personal bodyguards for herself and her family at all times. She also has security systems in her homes costing over $500k.
- Child expenses – From clothing to activities and childcare, Kim spends lavishly on her four kids. North West’s yearly wardrobe alone costs up to $200k.
- Weddings – Her lavish Italian wedding to Kanye West cost a reported $2.8 million. Her other two weddings cost millions more.
- Donations & gifts – Kim is known for giving extravagant gifts, like a $325k Mercedes for Kylie Jenner’s birthday. She donates millions to charity.
- Luxury services – She has personal trainers, chefs, housekeepers, assistants, nannies, landscapers and other monthly service providers.
- High-end toys – Kim owns multiple luxury cars, a private jet, and spare no expense on handbags, jewelry, electronics, and the finest of everything.
While she certainly lives a glamorous lifestyle, Kim invests most of her money back into her businesses while generously giving back along the way.
How Much Did Kim Kardashian Pay in Taxes?
With such a high net worth, Kim Kardashian certainly pays massive amounts in taxes each year. Here’s a look at how much Kim likely pays in different taxes annually:
- Federal income tax: The top income tax rate is 37%, which Kim likely pays on most of her earnings. With over $200 million per year in income, she may pay ~$75 million in federal taxes.
- State income tax: California has a state income tax of 13.3% for high earners. This likely adds tens of millions more to Kim’s tax bill.
- Capital gains tax: For assets held longer than a year, Kim would pay a 20% long-term capital gains tax rate on any profits from selling them. This includes stocks and businesses.
- Property tax: Kim owns over $100 million in real estate. Average effective property tax rates are around 1% in California, costing her over $1 million annually.
- Payroll tax: As the owner of businesses like SKIMS and KKW Beauty, Kim matches payroll taxes for hundreds of employees.
In total, Kim likely pays well over $100 million per year in federal, state, property, capital gains and payroll taxes as one of the highest-earning people in the U.S. Her massive tax payments make her one of the biggest individual taxpayers in the country.
How Kim Kardashian Gives Back
Despite her lavish spending, Kim is also known for her generous philanthropy and giving back:
- Donations: Kim has donated millions of dollars to charities supporting Children’s Hospital Los Angeles, relief efforts, cancer research and more.
- Time: She also personally volunteers her time, visiting prisons, meeting leaders, and advocating for criminal justice reform.
- Auctions: Kim has raised millions for charities by auctioning off personal items, VIP experiences and opportunities to have dinner with her.
- Business giving: A portion of SKIMS and KKW Beauty products/profits supports women’s organizations and charities.
- Kim Kardashian West Foundation: Her foundation provides employment and education opportunities for released prisoners to help them adjust to life after incarceration.
While critics complain about Kim’s extravagant lifestyle, her fortune has enabled her to contribute millions to worthy causes and make a significant positive impact. She has said she plans to donate even more of her wealth in the future.
Kim Kardashian Quotes About Money and Success
Over her long career in the spotlight, Kim has shared many insights into her financial success:
“I’m so proud of my partnership with eBay. They believe in the goals of my foundation of helping formerly incarcerated individuals with jobs and education.”
“When I started KKW Beauty, nobody believed this business would be where it is today. Betting on myself was the best decision I made.”
“It’s important not to let money consume you. Understand your finances, grow your wealth, and make smart investments, but don’t make it your only purpose in life.”
“I share my life on social media, but I also know when to keep my private life private. Protect your sanity, time and relationships outside of work.”
“People said I had no talent and mocked me, but I didn’t let the criticism stop me from believing in myself and chasing my dreams.”
“Surround yourself with mentors who can advise you and positive supporters who believe in your vision.”
“Don’t feel guilty about working hard and making money. Be proud of your success and the jobs you create for others.”
Kim Kardashian endured her share of criticism and doubt on her rise to a billionaire. But she used it as motivation to build an empire doing what she loves while giving back to the less fortunate.
Conclusion: Kim’s Empire is Still Growing
In closing, Kim Kardashian’s net worth of $1.4 billion in 2023 is mightily impressive. She has come a long way from her days as Paris Hilton’s assistant and reality TV star.
Through her multiple businesses like KKW Beauty and SKIMS, endorsements, investments and TV ventures, Kim has built one of the most lucrative personal brands in the world. While she lives an opulent billionaire lifestyle, she also gives back and creates thousands of jobs.
Even after achieving such massive success, Kim continues to think up new projects and business ideas. With her work ethic and marketing savvy, her net worth will likely keep growing. While critics complain about her fame, it’s difficult to deny Kim’s business acumen. Her empire shows how far strong branding, leveraging social media and monetizing fame can go in today’s economy.
Frequently Asked Questions About Kim Kardashian’s Net Worth
How much did Kim Kardashian make from the sex tape?
Kim settled a lawsuit over the leaked sex tape for $5 million in 2007. However, the major boost the tape gave to her fame is arguably worth far more when considering her empire today.
What businesses does Kim Kardashian own?
Her main businesses are KKW Beauty (makeup & fragrance), SKIMS (shapewear & loungewear), her apps and games, endorsement deals, and her TV salary. She also has real estate holdings, investments, and earns from content on Hulu and social media.
Who is richer: Kim or Kylie?
As of 2023, Kim is richer than her half-sister Kylie Jenner. Kim’s net worth is estimated at $1.4 billion, while Kylie Jenner’s net worth is roughly $600 million according to Forbes.
How much did Kim Kardashian’s wedding cost?
Kim’s over-the-top Italian wedding to Kanye West in 2014 cost around $2.8 million according to most estimates. From the flower wall to custom gowns, flying guests out, and renting out a fortress, no expense was spared.
How much does Kim Kardashian make per Instagram post?
Kim can make up to $1 million for a single sponsored Instagram post, according to HopperHQ. She is one of the highest-paid influencers. Kim has over 300 million Instagram followers.
How much does Kim make per episode of Keeping Up With the Kardashians?
At the height of the show’s popularity, Kim was making up to $500,000 per episode along with a cut of profits. In total she made over $80 million from the show before its 2021 conclusion.
How much is Kim Kardashian paying in child support to Kanye?
After divorcing Kanye West in 2022, it was reported Kim will pay him $200,000 per month in child support due to their joint custody agreement. This adds up to $2.4 million per year.
What house does Kim Kardashian live in?
Kim’s current main home is a $60 million Hidden Hills, California mansion. She also owns various other properties around the U.S. worth over $100 million total.
Where does Kim Kardashian’s wealth come from?
The bulk of Kim’s $1.4 billion net worth comes from her majority ownership stakes in her businesses: KKW Beauty ($1 billion) and SKIMS ($3.2 billion). She also earns tens of millions from endorsements, her Hulu deal, investments and real estate.