With real estate spread across America, how does Kim Kardashian make money?
Kim Kardashian West officially entered the list of billionaires in the world with a net worth of up to 1 billion USD.
Kim Kardashian and Kanye West
According to the latest statistics from Forbes magazine, Kim Kardashian West officially became a billionaire with a net worth of up to 1 billion USD.
Accordingly, Kim’s current assets “super round 3” increased by 220 million USD compared to 780 million USD in October 2020.
In the past, Kim and Kanye West did not hesitate to “spend money” on luxury real estate transactions across the United States. Kim Kardashian currently has 3 properties in Calabasas, northwest of Los Angeles, and a portfolio of blue-chip stocks including shares of Disney, Amazon, Netflix and Adidas (Adidas in particular was given to her by her current husband Kanye West on Christmas 2017). .
Panoramic view of the Kim couple’s 560ha farm in Wyoming
In September 2019, West spent $14 million to buy a large farm in Wyoming (USA). The farm is called Monster Lake Ranch, with an area of more than 560 hectares and located about 120km east of Yellowstone National Park. The farm has a restaurant, pub, stables and a modern shooting range. Kim Kardashian once said she wanted her family and her to spend summer vacations and weekends here.
Close-up of the cabin at Bighorn Mountain Ranch
In November 2019, Kim and his wife continued to spend money to own Bighorn Mountain Ranch, another farm also in Wyoming, about 160km from Monster Lake Ranch. According to Hayden Outdoors Real Estate, the farm is more than 2,700 hectares large and sold for $14.5 million.
Bighorn Mountain Ranch currently has 7 chalets with full amenities as well as a helipad and sauna.
Magnificent villa in Hidden Hills
Kim and Kanye West also own many residential properties used for personal purposes in Southern California. The two bought a palatial mansion in Hidden Hills in 2014 for $20 million, then spent four years and another $20 million renovating before moving in in 2018. Kardashian West’s mother, Mrs. Kris Jenner, once revealed that the house is currently worth about 60 million USD.
The villa is nearly 1,500 square meters, located on an area of 1.2 hectares with lawns, vineyards and majestic fountains. On the show “73 Questions,” Kim described the house as an airy, monochromatic space that resembles a miniature monastery.
Inside Kim’s apartment in Bel Air
In 2017, Kim bought an apartment for $1.6 million, also in Bel Air. Her mother – Mrs. Kris also owns 2 apartments in the same building. In November 2019, the apartment was listed for 3.5 million USD.
To create this “empire”, Kim’s two main businesses are cosmetics and fashion, through the two brands KKW Beauty and Skims. In particular, Forbes estimates Kim Kardashian’s stake in Skims at 225 million USD.
The rest of Kim’s assets are cash and investments, including real estate investments. In addition, every year since 2012, she has earned $10 million before taxes thanks to salaries from the reality TV show Keeping Up With the Kardashians, advertising contracts, and mobile application games.
According to Forbes, her wealth comes from the companies she founded. These companies grow strong thanks to self-marketing and promotion methods that reflect the Kardashian family’s identity.
