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KIM KARDASHIAN IS RICH. BUT HOW MUCH TO BE IN THE FORBES RANKING?
The news comes directly from Forbes. US television star Kim Kardashian made it onto the billionaire list. According to the American business magazine, the celebrity's assets, which reached 780 million dollars in October 2020, have increased in the last six months to reach an incredible one billion dollars (about 844 million euros). The credit goes to the "Keeping Up With the Kardashians" star, KKW Beauty and Skims.
Kim founded KKW Beauty in 2017, following the business model of her sister Kylie Jenner and her Kylie Cosmetics based on direct-to-consumer strategy and social media marketing. Although Kardashian sold 20% of the company to Coty for $ 200 million last year, it still owns 72%, which, according to Forbes, worth about 500 million dollars. Since 2019 she has expanded her business with Skims shapewear, of which the forty-year-old owns a majority stake worth approximately 225 million dollars.
The remainder of Kardashian's estate consists of cash and investments, including those in real estate (three properties in Calabasas, north-west of Los Angeles). Kardashian also holds shares in Disney, Amazon, Netflix, and Adidas, which her ex-husband Kanye West gave her for Christmas in 2017. Finally, from the reality show KUWTK, it seems that the billionaire has been earning at least $ 10 million gross of income every year since 2012. taxes.
However, Amazon boss Jeff Bezos he is still the richest person in the world, with a fortune of 177 billion dollars. Sixty-four more than last year, thanks to the growth of Amazon's shares. Tesla CEO Elon Musk is second with $ 151 billion, rebounding from last year's 31st place. He is followed by the CEO of LVMH, Bernard Arnault, by Microsoft founder Bill Gates, and Facebook founder Mark Zuckerberg. Overall, reports Forbes, billionaires' wealth has risen in the last year to 13.1 trillion dollars, from 8 trillion last year.
There are 493 new entries on the list, including Bumble CEO Whitney Wolfe Herd. On the other hand, Financier Warren Buffet dropped out of the top 5 for the first time in 20 years. Finally, the former US president, Donald Trump, has fallen nearly 300 places in the rankings since he was elected to the White House, with more than a billion dollars less. The Donald dropped to position number 1,299, with an estimated fortune of 2, Four billion from the previous 3.5 billion estimated in January 2017.
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