Kim Kardashian’s net worth will increase by $ 600 million to $ 1.8 billion

Kim KardashianShapeware brand SKIMS doubled in value to $ 3.2 billion after a new round of funding, increasing her. Net worth 600 million dollars.

And the net worth of a 41-year-old businessman jumped to an estimated $ 1.8 billion. Forbes..

An additional $ 240 million was poured into the company on Wednesday after 41-year-old Kim and her business manager raised new investors, and the company’s value was $ 3.2 billion from the $ 1.6 billion estimate last April. became.

CEO: Kim Kardashian’s shapewear brand SKIMS has doubled its value to $ 3.2 billion and increased its net worth by $ 600 million as a result of new funding. According to Forbes, the net worth of a 41-year-old businessman has jumped to an estimated $ 1.8 billion.

The outlet reported in April 2021 that Reality Star was estimated to be worth $ 1 billion from $ 780 million in October 2020.

On Friday, Forbes revealed that Kim’s net worth jumped from $ 600 million to an estimated $ 1.8 billion after funding for SKIM doubled its value to $ 3.2 billion.

According to Bloomberg, the brand will be funded by hedge fund Lone Pine Capital’s $ 240 million round, including the participation of investors Alliance Consumer Grown, Thrive Capital Imaginary Ventures and D1 Capital Partners, according to Bloomberg via Forbes. Secured funding.

Kim owns about 35% of Forbes, which is worth $ 900 million.

Successful Woman: On Wednesday, after 41-year-old Kim and her business manager raised a new investor, another $ 240 million was poured into the company, and the company’s value was estimated at $ 1.6 billion last April. From to $ 3.2 billion.

This is due to her multiple brands (KKW Beauty, KKW Fragrance, profitable SKIMS label), and her reality TV, endorsement deals and other investments.

Kim’s value increased from $ 780 million in October 2020 to $ 1 billion after investing in KKW Beauty by selling 20% ​​of its business to Koti for $ 200 million. The transaction was closed in January 2021.

Kim also applied for the trademark of the skin care line SKKN in March 2021.

In August, Kim seems to have confirmed that he is expanding the highly successful Skims loungewear and underwear to swimwear.

That same month, Kim also temporarily closed her KKW Beauty brand for a complete rehearsal, but has no return date yet.

Launched in 2019, underwear labels modeled by Kate Moss, Megan Fox and others have overcome the pandemic and today’s business is twice as valuable as last April.

Success Story: Kim Kardashian’s shapewear brand SKIMS has doubled in value to $ 3.2 billion after a new round of funding.

With annual sales of $ 274 million, SKIMS is the latest venture company launched by Star, who launched the cosmetics company KKW Beauty in 2017.

SKIMS items were also worn by Team USA athletes at last year’s Tokyo 2020 Summer Olympics, so they were also worn at the 2022 Winter Olympics in Beijing.

MailOnline is asking Kim personnel for comment.

Resilience: Underwear labels launched in 2019 have survived a pandemic and today’s business is twice as valuable as last April.

Go Up: On Wednesday, it was revealed that another $ 234 million was poured into the company after 41-year-old Kim and her business manager raised new investors.

Looks: Kim’s sister Kourtney Kardashian modeled the brand’s underwear with Megan Fox

Kim became famous with his family on the TV show Keeping Up with the Kardashians and is now said to be worth $ 1 billion.

TV Jaguar Note recently left home on Channel E! Moved to Hulu, a streaming service, as a nuisance to the Keeping Up with the Kardashians.

Chief Executive Officer Jens Grede said:

“That’s why we’re doing this — to make sure we’re best prepared for the future.”

The news flaunted the hourglass curve with a pair of black bikini bottoms exposed from the SKIMS range as Kim recalled a tropical vacation with a shot shared with 182 million followers on Tuesday night. I came later.

Versatile: Items in the SKIMS range were worn by team USA athletes and were therefore featured at last year’s Tokyo 2020 Summer Olympics.

She had some protection from the harsh sun rays with a black long-sleeved rash guard while she splattered in the water.

While playing in the water, Hoshi wore cheeky bottoms to replenish her tan and cascaded long, dark brown hair to her back with natural curls.

Kim rocked his rectangular sunglasses and wore a pale pink shade of lipstick to complement his already perfect skin.

Blessed: When recalling a tropical vacation with a shot shared on Tuesday night, the star flaunted the hourglass curve with a pair of skimpy black SKIMS bikini bottoms.

Kim Kardashian’s net worth will increase by $ 600 million to $ 1.8 billion

Source link Kim Kardashian’s net worth will increase by $ 600 million to $ 1.8 billion

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