Kim Kardashian's Skims Brand is Now Worth $4 Billion (2024)

Kim Kardashian's Skims Brand is Now Worth $4 Billion (1)

There's no denying the impact of the Kardashian-Jenner family. From clothing items to your fave beauty products, and ofc, there's smash television show, you can travel the world and steer clear of the 'net, but the Kar-Jenners would still find a way to pull you into their universe. Over the last decade, the family has built an undeniable empire. And, of course, they've made a lot of money doing it.

As we know, the famous family ended their hit E! reality show Keeping Up With the Kardashians in June 2021 after 20 seasons, but they're headed back to the small screen as the stars and executive producers of the third season of their new Hulu series, The Kardashians. The streamer confirmed that the Kardashian Jenners will create "new global content under a multi-year deal." According to Us Weekly, The Kardashians is only one of the first pieces of content they're working on.

With a deal as massive as this one, we're sure the Kardashian-Jenners will see their net worths continue to "inKrease," but who is the wealthiest Kardashian as of right now? Here's how much everyone in the famous fam is worth — get ready to be blown away.

1

Kim Kardashian - $1.8 Billion

Kim Kardashian's Skims Brand is Now Worth $4 Billion (2)

According to Forbes, Kim K is officially a billionaire! The business magazine cited Kim's businesses, KKW Beauty and Skims, as big contributors to her wealth, as well as her reality show, endorsem*nt deals, and various other small investments. She also partnered with Jay Sammons to launch her own private equity company, SKKY Partners, which will focus "on both control and minority investments in high-growth, market-leading consumer and media companies."

Currently, Skims is raking in the coins for the reality star-turned-mogul. According to Bloomberg, the shapewear collection doubled in valuation to $3.2 billion after sales surged 90% from 2020 to 2021. With the help of Venture Capital Firm Imaginary Ventures, Kim raised $5 million to launch Skims in 2019. According to a report by Fashionista, the shapewear company raised $207 million at a valuation of $4 billion in July 2023, with Kim retaining majority ownership.

In June 2020, Kim sold a percentage of her makeup brand for $200 million. Still, Kim is the majority owner of the company, and Forbes estimates her stake is still worth about $500 million.

2

Kylie Jenner - $750 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (3)

In 2020, Forbes revealed that Kylie Jenner isn't actually a billionaire, and the coronavirus had a lot to do with that. Because of the effect the pandemic has had on Kylie's businesses, Celebrity Net Worth estimates that her net worth is $750 million.

In January 2022, Kylie became the first woman to hit 300 million followers on Instagram. We can only imagine how much she'll be getting paid to post on IG.

Not to mention her businesses, Kylie Cosmetics, Kylie Swim, and clean and conscious baby care collection Kylie Baby. With all of her new business ventures and collaborations with her fam and friends, she'll be headed to billionaire status in no time.

3

Kris Jenner - $230 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (4)

According to Forbes, the OG momager is worth a whopping $190 million. Of course, Kris Jenner is the reason why we are constantly surrounded by the famous family. Not only did she initially pitch Keeping Up with the Kardashians in 2007, but she was also an executive producer on the show.

On top of that, Kris is the manager of her children, so she gets a 10% management cut of all of their earnings, according to Forbes. So basically, when the Kar-Jenners succeed, Kris succeeds.

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4

Caitlyn Jenner - $100 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (5)

It might surprise some to learn that Caitlyn Jenner is the fourth wealthiest Kardashian-Jenner. Aside from her appearances on Keeping Up With the Kardashians, and her own short-lived show, I Am Cait, she also published a memoir, The Secrets of My Life.

On top of that, Caitlyn spends a lot of time on the public speaking circuit and works with various companies. As a former Olympian, Caitlyn was making money long before KUWTK via endorsem*nts and speeches, and appearances.

Most recently, the former Olympian ran for office to become California's new governor.

5

Kourtney Kardashian - $65 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (6)

The oldest Kardashian sibling is worth $65 million, according to Celebrity Net Worth. Like her other sisters, Kourt makes a lot of money from The Kardashians, endorsem*nt deals, and her lifestyle brand, Poosh.

Her net worth will likely be increasing in the very near future. As a new bride, Kourt's proposal and nuptials to hubby Travis Barker were filmed as upcoming projects on the streamer.

6

Kendall Jenner - $60 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (7)

Celebrity Net Worth reports that supermodel Kendall Jenner is worth $60 million. This is, of course, thanks to the fact that Kendall was the highest-paid model in both 2017 and 2018, making $22.5 million in the latter, according to Forbes.

The model also makes money from her family's hit series, as well as her various endorsem*nt deals. Most recently, Kenny was named a Global Ambassador for L'Oréal Paris, where she'll star as the lead of the brand's makeup campaigns beginning in September 2023.

She's also done a few collaborations with her sister, Kylie, for brands like PacSun and Kylie Cosmetics. Of course, Kendall also rakes in the dough from her award-winning tequila brand, 818.

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7

Khloé Kardashian - $60 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (8)

According to Celebrity Net Worth, Khloé is worth $60 million thanks to her role as an executive producer and star of The Kardashians.

Khloé also had two other shows, Revenge Body with Khloé Kardashian on E! and Twisted Sisters on Investigation Discovery, and she executive produced both of these.

Of course, there is also Khloé's Good American denim line and her many endorsem*nt deals, which are bringing in the money, too.

8

Scott Disick - $45 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (9)

Scott may not be an official member of the Kardashian/Jenner family, but he may as well be at this point. According to Celebrity Net Worth, Lord Disick is worth $45 million. While Scott makes money from his appearances on the family's reality TV series, he also had his own show on E!, called Flip It Like Disick, not to mention other endorsem*nt deals and business ventures. Scott also made moves in the beauty space as a partner for In Common Hair, per WWD.

9

Rob Kardashian - $10 Million

Kim Kardashian's Skims Brand is Now Worth $4 Billion (10)

Rob may not be in the public eye a lot these days, but that doesn't mean he isn't making money. Rob has $10 million dollars, according to Celebrity Net Worth. This money is most likely from his appearances on the famous family's reality series, as well as his own show Rob & Chyna, which aired briefly on E!. Rob also has a sock line, Arthur George, and has collabed with Kylie on styles in the past.

Kim Kardashian's Skims Brand is Now Worth $4 Billion (11)

Carolyn Twersky

Associate Editor

Carolyn Twersky is an associate editor for Seventeen covering celebrities, entertainment, politics, trends, and health. On her off time, she's probably watching Ru Paul's Drag Race, traversing NYC for the best donuts, or, most likely, enjoying time in her favorite place in the world: her bed.

I'm an enthusiast with extensive knowledge about the Kardashian-Jenner family and their various business ventures. My understanding spans the realms of reality television, beauty and fashion industries, and entrepreneurial pursuits. Let me delve into the details of the concepts mentioned in the article to provide a comprehensive understanding:

1. The Kardashian-Jenner Empire:

The article emphasizes the undeniable impact of the Kardashian-Jenner family on popular culture, spanning various domains such as clothing, beauty products, and reality television. The family has successfully built a massive empire over the last decade.

2. The Kardashians' Hulu Series:

After ending their long-running E! reality show, "Keeping Up With the Kardashians," in June 2021, the family is making a comeback on the small screen with a new Hulu series, "The Kardashians." This marks a significant move as they continue to create new global content under a multi-year deal with the streaming platform.

3. Individual Net Worths:

The article provides an overview of the individual net worths of key family members as of the current moment.

  • Kim Kardashian: Forbes reports Kim's net worth at $1.8 billion. Her wealth comes from businesses like KKW Beauty and Skims, her reality show, endorsem*nt deals, and investments. She has also launched her private equity company, SKKY Partners.

  • Kylie Jenner: Despite previous reports, Kylie's net worth is estimated at $750 million. Her businesses include Kylie Cosmetics, Kylie Swim, and Kylie Baby. She is a prominent figure on social media, with a massive following.

  • Kris Jenner: As the original "momager," Kris Jenner's net worth is reported at $230 million. She played a crucial role in pitching and producing "Keeping Up With the Kardashians" and manages her children, earning a 10% management cut.

  • Caitlyn Jenner: With a net worth of $100 million, Caitlyn's income comes from her appearances on reality shows, public speaking engagements, endorsem*nts, and her memoir.

  • Kourtney Kardashian: Valued at $65 million, Kourtney earns from "The Kardashians," endorsem*nt deals, and her lifestyle brand, Poosh.

  • Kendall Jenner: The supermodel has a net worth of $60 million, derived from modeling, family's reality series, endorsem*nt deals, and her tequila brand, 818.

  • Khloé Kardashian: Khloé's net worth is estimated at $60 million. She earns from her role in "The Kardashians," executive producing other shows, her denim line, and various endorsem*nts.

  • Scott Disick: Though not an official family member, Scott is closely associated. His net worth is reported at $45 million, earned through reality TV appearances, his own show, and business ventures.

  • Rob Kardashian: With a net worth of $10 million, Rob earns from reality shows, his own show, "Rob & Chyna," and his sock line, Arthur George.

4. Diversified Business Ventures:

The family members have diversified income streams, including beauty and fashion brands, endorsem*nt deals, lifestyle brands, and entrepreneurial ventures. This showcases their business acumen and ability to capitalize on their fame in various industries.

5. Media Influence and Social Media Presence:

The article highlights the family's influence on popular culture, referencing Kylie Jenner's record-breaking Instagram followers and the potential financial gains associated with social media presence.

6. Ongoing Projects:

The Kardashian-Jenner family's ongoing and upcoming projects, such as Kourtney's upcoming wedding-related content and Kendall's role as a Global Ambassador for L'Oréal Paris, contribute to their continuous financial success.

In conclusion, the Kardashian-Jenner family's impact extends far beyond the realm of reality television, with each member leveraging their brand to build individual empires across various industries. Their strategic business decisions and ability to adapt to new opportunities have contributed to their continued financial success.

Kim Kardashian's Skims Brand is Now Worth $4 Billion (2024)

FAQs

Is Skims really worth $4 billion? ›

Kim Kardashian's shapewear brand, Skims, is now worth $4 billion, according to The New York Times. 1 Skims raised $270 million in a funding round led by asset management company Wellington Management.

How much is the brand Skims worth? ›

2023: SKIMS Is Valued at $4 Billion

In July, Kardashian and Grede announced in an interview with The New York Times that SKIMS had raised an additional $270 million in funding from investors, bringing the company's value up to a whopping $4 billion.

What percentage of Skims does Kim Kardashian own? ›

Kardashian owns about a 35% stake in Skims, netting her quite the cool sum.

How successful is Skims? ›

In just four years, Skims has grown into an estimated $4 billion company. This year, the company expects to rake in $750 million in sales, a 50% increase compared to $500 million last year, co-founder Jens Grede told DealBook this summer. About 70% of its shoppers are millennials or Gen Z, and 10% are men.

Does Kanye own skim? ›

Kardashian's ex, Kanye West, holds a 5% stake in Skims.

Who owns 5 percent of Skims? ›

Kardashian also has a beauty brand, which launched in 2017 as KKW Beauty but was later rebranded as SKKN by Kim following her split from rapper Kanye West, now known as Ye, who holds a 5% stake in Skims.

Who is CEO of Skims? ›

Jens Grede

Why is Skims valued so high? ›

Between the lines: The company's viral following and growth is what drew in investors, Jens Grede, Kardashian's business partner and Skims' chief executive told the New York Times. Skims started as a shapewear brand, but it's expanded into swimwear and loungewear and plans to launch men's clothing in the fall.

Which Kardashian is richest? ›

Leading the pack is none other than Kim Kardashian, whose entrepreneurial prowess has propelled her net worth to staggering heights. With a fortune estimated at $1.7 billion, Kim's empire extends far beyond reality television, encompassing ventures such as SKIMS, her shapewear and clothing brand.

How much does Kim Kardashian weigh? ›

Kim Kardashian is considered short for a woman at 1.57m, her height. She has however continued to be a fashion icon and a representation of beauty for many despite her height. Kim has recently been honest about her difficulties with her weight and disclosed that she weighs roughly 120 lbs (54.4 kg).

Is Skims bigger than Spanx? ›

Though the one-leg wonder was a bust for me, I liked the Skims products. The sizing was on point (and goes up to a 4X/5X, two sizes larger than Spanx). I absolutely loved the nine shades to match skin tones, including one that was perfect for me.

Who owns Skims besides Kim? ›

Who owns Skims? Skims is owned by its co-founders: Kim Kardashian, Jens Grede and Emma Grede. Kardashian owns an unknown majority of the company, with Jens Grede being the second-largest shareholder.

How much does Kanye get from Skims? ›

The new funding brought the company's valuation to $4 billion, which reportedly made the reality star $500 million richer. According to Forbes, the number is based on “estimates that Kardashian owns at least a third of the company.” Back in 2022, Forbes also reported that West has a 5% stake in Skims.

Is Kim Kardashian a lawyer? ›

The celebrity's legal career is reportedly 'on pause' due to her other commitments. For several years now, Above the Law has been tracking Kim Kardashian's journey to becoming a lawyer through an apprenticeship.

Who is Skims biggest competitor? ›

Top 10 competitors of Skims, ranked by Tracxn score:
  • MeUndies. ...
  • Savage X Fenty. ...
  • Lively. ...
  • CUUP. ...
  • True&Co. ...
  • Honeylove. Internet first brand offering inner-wear for women. ...
  • Pepper. Internet first brand offering eco-friendly innerwear for women. ...
  • Parade. Internet first brand of inner wear for women.

Why is Skims worth so much? ›

Strategic Marketing and Branding: SKIMS launched with a strong marketing and branding strategy. The brand focused on inclusive sizing and shades to cater to a diverse range of body types and skin tones, which resonated with consumers looking for more inclusive and diverse options in the fashion industry.

Are Skims things worth it? ›

Yes! In our recent test of 158 bras, underwear and shapewear, we found Skims products to be some of the top performers. The shapewear provided snug compression for a slimmer, smoother look under clothes. We were impressed with the brand's shapewear design with targeted areas of compression to help lift and sculpt.

How is Skims doing financially? ›

Is Skims profitable? Skims CEO Jens Grede declared the company profitable in a press release following the company's July fundraising round. Grede announced an expected revenue of $750mn for 2023, up 50% from $500mn in 2022, and an estimated net profit of $190mn by year end.

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