Kim Kardashians' net worth boosted by $600m and reached $1.8bn

ACCORDING TO A NEW REPORT, American TV personality and business tycoon Kim Kardashians' net worth boosted up by $600m.

The founder of Skims, Kim Kardashian's net fortune reached roughly $1.8bn.

Moreover, the increase in her worth came from an additional $240m in financing for Skims. The hedge fund Lone Pine Capital led the investment.D1 Capital Partners, Ventures, Alliance Consumer Growth, and Thrive Capital also participated in the acquisition.

Skims, the brand of Kim, has increased its value from $1.6bn to £3.2b in April 2021. Which also contributed to her net worth.

The TV star became a billionaire in April 2021 while dating Pete Davidson after divorce from Kanye West.

She is enjoying her new romantic journey with Pete Davidson, and amid this, she has also achieved the title of a billionaire.

Moreover, it is also reported that most of her worth come from her cosmetic companies like KKW Beauty which was launched in 2017.

In addition, Kardashian initially started small investments in different things like Netflix, Disney, Amazon, and Adidas.

As a result, she increased her net worth with these smaller investments, which were gifted to her by her former husband, Kanye West.

In May 2014, the net worth of Kardashian was US$45 million, and then it was boosted to $53 million, according to Forbes.

Forbes reported that she had "made more this year than ever as her earnings nearly doubled to $53 million from 2014's $28 million".

After that, her worth increased day by day by her wholesale earnings of the Sears line, the Kardashian Kollection, and they added $600 million to her value.

Moreover, she is also getting income from social media posts which are collectively worth $300,000–500,000 per post.

Nowadays, she is not getting any income from her husband. All that she has is the income of her brands and investments.