Kim Kardashian net worth jumps to $1.8 billion amid romance with Pete Davidson

 


According to new reports, American TV personality and business mogul Kim Kardashian has increased her net worth by around $600m.

The 41-year-old Skims founder and socialite is now estimated to be worth around $1.8 billion, according to Forbes.

The growth in the reality star's revenue reportedly came from an additional $240m in financing for shapewear label, Skims, following an investment led by hedge fund Lone Pine Capital, with participation from D1 Capital Partners as well as previous investors, Including Imaginary Ventures. Alliance Consumer Growth and Thrive Capital.

The Kim K brand, which sells a range of bras, bodysuits, loungewear and lingerie, has raised its value to £3.2b, up from $1.6bn in April 2021.

Kanye's estranged wife - who is enjoying a new romantic journey with Pete Davidson - became a billionaire in April 2021, with most of his wealth coming from the cosmetics company owned by him, KKW Beauty, which he launched in 2017 .

Kardashian, who was first mentioned in Forbes in 2011 when she reached 6.6m Twitter followers, has made a "number of small investments", such as in Disney, Amazon, Netflix, along with reality television and endorsement deals. He had increased his net worth through investments. and Adidas, which was gifted to her by her husband Kanye West.

Kim Kardashian's valuation came after the outlet stripped Kylie Jenner of her billionaire status in May 2020.

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