The forbes magazine estimates KK’s net worth has ballooned to a cool billion bucks – up from around $780 million last they checked in October.
KKW Beauty was bringing in about $100 mil annually since its launch in 2017 –
She owns 72% stake has a value of $500 million on its own.
SKIMS – which she owns a value of around $225 million.
The rest of her cash sits in cash and other investments – including real estate.
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You have to have single digit IQ to believe such hogwash
aaand how much is her ars worth, again?
Tunatambua only standards& poor’s credit ratings zingine ni meffi
And her divorced husband is the richest black man currently. It’s good for their divorce since none will pursue the other in court for purposes of wealth sharing
Forbes data on celebrity Billionaires is hogwash. You can actually tell who is a billionaire from stakes in publicly listed companies. Because those are mandated to disclose shareholder equity. Its different for regular citizens. Celebrities make money by projecting a certain persona. So, forbes picks the most newsworthy celebrities and then asks them to disclose their networth with supporting documents. Most of the time, they mail photoshopped documents. A company can grow from zero sales to $500 m sales in 5 years. But it will have to accrue massive debts. Or diluted ownership ( venture capitalists will fund growth in your company in exchange for equity)… Most of forbes valuation of celebrity billionaires never accounts for the loans their companies have.