$ 4.2 billion. Just think about it for a moment. It’s the combined net worth of Kim Kardashian and Kanye West. This is more than the net worth of casino magnate Steve Wynn. That’s more than Oprah Winfrey’s equity. That’s more than Steven Spielberg’s net worth. That’s more than the net worth of Beyoncé and Jay-Z combined. It’s more than Michael Jordan, Floyd Mayweather and Tiger Woods COMBINED. It’s more than President Donald Trump’s equity. It is certainly much more than the non-billionaire Kylie Jenner. And why? What have they done that is worth $ 4.2 billion? Remember, Kanye didn’t make his billions from his music. He comes from his Yeezy clothing line. And Kim … well, she deserves her money just for doing business with Kanye. It can’t be easy, all of you. Seriously, even if we like Kim and Kanye, $ 4.2 billion is obscene net worth.
Kim, of course, is making headlines this week for selling Coty a 20% stake in his cosmetics company KKW for $ 200 million. This is worth KKW to $ 1 billion and gives Kim her own net worth of $ 900 million. Kim retained a 72% stake after the agreement. Its stake in KKW is worth $ 720 million. Kim earns between $ 50 million and $ 80 million among her various activities. From June 2018 to June 2019, she earned $ 72 million. Between June 2019 and June 2020, she earned $ 50 million. Her most valuable business is her beauty KKW, which generates more than $ 100 million in gross revenue. For several years, his biggest salary came from his mobile game “Kim Kardashian: Hollywood”. The game has generated more than $ 200 million and has been downloaded over 60 million times. Kim keeps 28% of all gaming revenue. The rest of Kim’s annual revenue comes from endorsements, appearance fees, reality TV salary and paid Instagram referrals. She has a line of tanning products, a line of clothing at Sears, her line of shapewear and much more. She is a busy lady, all of you!
Kanye proved that he was not a “gold digger” because he had his own net worth of $ 3.2 billion. In recent years, Kanye has earned at least $ 100 million through his various efforts. The vast majority of its revenues come from royalties and other revenues related to its Yeezy brand and its partnership with Adidas. Kanye separately owns 100% of its Yeezy clothing line and also collects a royalty on sales reportedly north of $ 1.5 billion per year. He is also the owner of KW Foods LLC., Which owns the rights to the Chicago-based Fatburger fast food chain. In January 2012, West announced the creation of DONDA, a creative content company named after his late mother Donda West. In addition, West is co-owner of the music streaming service Tidal, as well as other musical artists such as Jay-Z, Rihanna, Madonna, Chris Martin and Nicki Minaj. Most of the stakeholders involved have a 3% equity stake. He’s a tycoon!
It’s easy to make fun of Kim and Kanye, but the truth is that they are both savvy business people with the right people (Kris Jenner, we’re looking at you) around them. They are relatively young, very beautiful, have large fan bases both individually and collectively, and know how to take advantage of this to build not only their future, but also that of their children, North, Saint, Chicago and Psalm. Good for them. We’re just a little jealous, that’s all !!!
In the immortal words of Kanye West (with Jamie Foxx):
“(She gives me money) Now, I’m not saying she’s a gold digger, (When I need to) But she’s not kidding without broken n * ggas. (I have to go) Go down girl, go head, go down, (I have to go down) girl, go head, go down… “