Kim Kardashian West a billionaire according to the latest Forbes ranking

Kim Kardashian West made her debut on the Forbes Billionaire List. The value of the celebrity’s fortune was estimated at one billion dollars. Amazon founder Jeff Bezos topped the list.

There were 2,755 people on the Forbes list of billionaires, 660 more than a year ago. The wealth of the richest people in the world was estimated at $ 13.1 trillion, and in 2020 the fortune of billionaires was $ 8 trillion.


Kim Kardashian West on the billionaire list

Kardashian West was included in the ranking – as the magazine explained – thanks to the development of KKW Beauty and Skims in which it has shares. However, “Forbes” added that the receipts from the TV show and commercials were not without significance.

Kardashian founded KKW Beauty in 2017 and Coty bought 20 percent. shares in a cosmetics company for a billion dollars. The value of Kardashian shares was estimated at $ 500 million on this basis. – reported the CNN television portal.

As for the apparel company Skims, magazine sources have estimated the size of the business at “over $ 500 million.” Thus, the Kardashian’s stake is around $ 225 million. In addition, the celebrity has assets in cash, investments and real estate, “Forbes” explained.

CNN said that although the family’s show is to be removed from the E! Television antenna, a new program is to be created on the Hulu platform, thanks to which the stream of money will continue to be transferred to her account.

In February, Kim Kardashian West filed for divorce from Kanye West. The rapper Bloomberg estimated the net worth at $ 6.6 billion, most of which is to come from the clothing business, according to the CNN television portal.

The Jenner-Kardashian family

This is not the first time someone from the Jenner-Kardashian clan has been on the Forbes Billionaire List. In March 2019, the magazine named Kylie Jenner (then 21) the youngest person in the world to earn a billion dollars on her own.

In May 2020 Forbes cut Jenner off the billionaire list. He also announced that her fortune was “only” 900 million dollars. Journalists of the magazine reviewed the financial data of Coty, which in November 2019 bought 51 percent of Kylie Cosmetics for $ 600 million. According to Forbes, the documents show that the Jenner business is much smaller and less profitable than previously believed. The magazine accuses Jenner of inflating sales figures and showing false tax returns.

This is not the only controversy surrounding Kylie Jenner. There are also a lot of reservations about including her in the group of self-made women, i.e. people who owe everything only to themselves, their own diligence and talent. Some commentators remind that Kylie Jenner owes fame and great popularity to her family – the Kardashian clan. They argue that without participating in a reality TV show and with the support of Kylie’s wealthy family, it would be much harder to succeed.

The richest in the world

At the head of the current list of the richest people in the world, prepared by Forbes, was Amazon’s boss Jeff Bezos. His fortune was estimated at $ 177 billion. Tesla founder Elon Musk came in second – $ 151 billion. Bernard Arnault, president of the luxury goods group LVMH, was on the lowest step of the podium – 150 billion dollars.

The richest according to Forbes:

1. Jeff Bezos – $ 177 billion 2. Elon Musk – $ 151 billion 3. Bernard Arnault – $ 150 billion 4. Bill Gates – $ 124 billion 5. Mark Zuckerbeg – $ 97 billion 6. Warren Buffett – $ 96 billion 7. Larry Ellison – $ 93 billion 8. Larry Page – $ 91.5 billion 9. Sergey Brin – $ 89 billion 10. Mukesh Ambani – $ 84.5 billion

Main photo source: Shutterstock

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