Kim Kardashian and Kanye West’s Ridiculous Joint Estimated Net Worth Will Make Your Jaw Drop!
Kim Kardashian West and Kanye West have just accomplished a major feat this year: becoming billionaires in their own rights. That means their joint estimated net worth also ballooned – and you’ll be surprised to know that it is higher than that of another power pair, Beyonce and Jay-Z.
Celebrity Net Worth claimed that the KKW mogul and the rapper have a joint estimated net worth of a whopping $4.2 billion, which is more than that of Oprah Winfrey and Steven Spielberg. It may be an unbelievable amount but here’s how that may have happened.
How Kim Earns
The social media superstar is the founder of the cosmetics line, KKW, and just like her younger sister, Kylie Jenner, she sold a stake of her makeup line to Coty. Specifically, Kim let go of 20 percent of her company to the giant company for a whopping $200 million.
This deal gave KKW a valuation of $1 billion and Kim with a net worth of $900 million. Kim remains the major stakeholder of her company with 72 percent, which is valued at $720 million. But, of course, the future lawyer has other means of livelihood – it is estimated that she earns anywhere between $50 and $80 million annually.
The reality star, for example, brought in $72 million for the year 2018-2019, and from 2019-2020, she was able to rake in $50 million. KKW, her most lucrative business, garners over $100 million in gross revenue.
A huge chunk of her income also comes from the mobile game ‘Kim Kardashian: Hollywood,’ which had seen over 60 million downloads and generated more than $200 million. The mom of four gets a 28-percent cut from the revenue.
Then, the 39-year-old also makes money off her other business, Skims, as well as the clan’s reality E! show. Kim also earns a respectful amount from every sponsored Instagram post.
How Kanye Earns
Meanwhile, Kanye, who has an estimated net worth of $3.2 billion, has made wise money moves in recent years. He is the sole owner of the Yeezy apparel line and receives royalty from its sales, which was rumored to be around $1.5 billion.
The rapper owns KW Foods LLC, which has the rights to Fatburger in Chicago. Kanye is also one of the owners of Tidal, a streaming service that is also owned by several musicians like Madonna, Nicki Minaj, Chris Martin, Rihanna, and Jay-Z.
Kanye and Kim are both relatively young but their accomplishments have exceeded those who have been in the industry for so long. They also have huge fan bases, which they leverage to make more money.
More in Finance
Simple Yet Effective Ways to Boost Our Immune Systems During the Time of the Pandemic
Many people are left scrambling to find the most effective way to boost their immune system because of the widespread threat...December 28, 2020
Constantly Looking for Food? Here Are Some Reasons You Always Feel Hungry
Getting hungry is nothing out of the ordinary — it is our bodies’ way of telling us that we need food...December 27, 2020
All Fruits Are Healthy But These ‘Super Fruits’ Pack More Nutrients – Here’s Why They Are Worth Adding to Your Diet
It doesn’t take a genius to know that fruits are one of the healthiest foods out there because they pack vitamins,...December 27, 2020
Healthy Food is The Only Road to a Healthy Life
If you’re interested in making your health better or in upgrading your lifestyle to the best, you absolutely cannot ignore making...December 26, 2020
A Simple Switch Of Cooking Oils Can Make Your Life Healthier
Have you ever noticed how many different kinds of oils there are on the shelves of a grocery store? Chances are,...December 26, 2020
Stone Fruit Seeds – Are They Really Poisonous?
Picture this – it’s Sunday evening and you have a delicious smoothie in front of you. You’re relishing the taste of...December 25, 2020
These Sweet Snacks Are Far Healthier Than Typical Store-Bought Sugary Foods!
If you have a sweet tooth, you may find it hard to avoid sugary foods. However, there are lots of reasons...October 19, 2020
Stop Gulping Too Much Lemon Water Or You May Suffer These Consequences
Lemon water has been praised for its link to many health benefits, including aiding in weight loss and boosting our immune...October 6, 2020
Did You Know That You Might Have Contracted the Novel Coronavirus and Recovered Without Even Realizing It?
Continuous researches and studies by experts state that people had started getting infected by coronavirus before the lockdown even started. If...October 5, 2020