| Net worth | $370 million |
|---|---|
| Date of Birth | October 21, 1980 |
| Place of Birth | Los Angeles, California |
| Age | 39 |
| Height | 5 ft 2½ in (1.59m) |
| Weight | 56kg |
| Residence | Hidden Hills, California |
| Nationality | American |
| Occupation | Fashion icon, media personality, entrepreneur, reality star |
| Famous for | Keeping Up with the Kardashians, Kim Kardashian Superstar, |
| Spouse(s) | Damon Thomas (married: 2000; divorced: 2004) Kris Humphries (married: 2011; divorced: 2013) Kanye West (married: 2014) |
| Relatives | Kris Jenner (mother), Robert Kardashian (father), Bruce Jenner (stepfather), Kourtney, Khloe, Kendall and Kylie Jenner (sisters) |
| Catchphrases | Life is about being happy and being who you are. There are always going to be ridiculous rumors. |
| Updated on | Sep 2019 |
Kim Kardashian’s Net Worth in 2019: $370 million
Introduction
Kim Kardashian is a famous media personality with one of the largest media following through Twitter and Instagram. She is a part of the popular Kardashian-Jenner family through their reality TV show, Keeping Up with the Kardashians. Her life, personal issues, legal battles and controversies are open secrets to the world. But she capitalized on them well and now stands with a $370M net worth.
Kim Kardashian’s Life
Being the daughter of then popular lawyer Robert Kardashian, Kim and her sisters are well known socialites. She is considered to have been the catalyst behind the Kardashian-Jenner’s fame when a sextape of her and ex-boyfriend Ray-J was released on the internet in 2002. A year later, her family starred in their own reality TV show called Keeping Up with the Kardashians which was under the tutelage of E Entertainment. Needless to say, she is used to mainstreaming her personal life.
With almost fourteen seasons and various spin offs of their TV shows with her sisters, Kim gained huge media presence.
Through this, she further ventured into business opening her own cosmetic brand, product endorsements and companies. She is married to equally successful yet controversial artist Kanye West. She is also considered as one of the Most Influential People from 2015-2018.
Family
Kim belongs to the famous Kardashian-Jenner bloodline. She was born in Los Angeles, California, the second child of parents Robert and Kris. His father Robert Kardashian was a rich lawyer who became famous in the mid-90s when he won the murder case against golf player OJ Simpson, his best friend while her mother is Kris Houghton, a flight stewardess turned manager of her and all her siblings and the matriarch of the Kardashian empire.
From her parents’ marriage, she has three siblings; Kourtney, Khloe and Rob. Six months after her parents’ divorce in 1991, her mom married Bruce Jenner, an Olympic winner and a celebrity. From this marriage, she has two step-brothers from Bruce’s previous marriage, Burt, Brandon and Brody and two half-sisters, Kendall and Kylie.
She was married in 2000 at 19 after she eloped with Damon Thomas, a music producer but separated when Thomas filed a divorce against her in 2003. She then remarried NBA power-forward/center, Kris Humphries in 2011. Her divorce with Humphries received a lot of media attention after he accused her of using him to gain more popularity and said that she insisted that their wedding ceremony be aired live, although he did not want it.
In 2014, she married Kanye West. She has four children with Kanye: two daughters, North and Chicago and two sons, Saint and Psalm. Chicago and Psalm were born through surrogacy due to acquired pregnancy related conditions with North and Saint.
Career
Kim’s presence on TV started when she appeared in The Simple Life alongside friend Paris Hilton from 2003-2006. Her road to massive wealth and influence kicked off, however, when she, Kourtney and Khloe debuted their first fashion line called DASH in Calabasas, California in 2007. Later that year, she turned bad publicity to fortune by starring in their family’s own reality TV show called Keeping Up with the Kardashians after being publicly humiliated through a leaked sextape with ex-boyfriend Ray-J.
From 2008-2016, she appeared in various TV series like How I Met Your Mother and CSI, was a guest host for Wrestlemania and America’s Next Top Model, and starred in films such as Temptation and Disaster Movie. In between, she taped for Keeping Up with the Kardashians (KUWTK) and two spinoffs, Kim and Kourtney take New York and Kim and Kourtney take Miami. She also produced other reality TV shows, one spinoff of KUWTK titled Rob and Chyna, and Glam Master.
In 2010, she released her debut track Jam which and made it to the Top Billboard 100 and also released an autobiography which she co-authored with her sisters Khloe and Kourtney.
She focused on digital marketing starting 2014 and made use of her Instagram and YouTube following to endorse products and her own product lines such as Kim’s Fragrances such as True Reflection and Glam. She even released a mobile game for Android and iPhone called Kim Kardashian: Hollywood. She also became a model-influencer for Vogue, Louis Vuitton and Versace.
Throughout her career, she has won 5 Choice TV Awards, one People’s Choice Awards, one Glamour Award as Entrepreneur of the Year, the Influencer Award in 2018 given by CFDA and the International Statistic of the Year given by the World Economic Forum.
How did Kim Kardashian make money?
- Reality TV Shows (Keeping Up with the Kardashians, Kim and Kourtney Take New York, Kim and Kourtney Take Miami, Kim Kardashian Superstar)
- Social media following (Instagram and YouTube)
- Product endorsements (LipFusion lip gloss by Fusion Beauty, Louis Vuitton, Versace)
- Product Line (the Kardashian Kollection by Sears, KKW Fragrance, Glam by Kim, Kimono Shapewear, Kimoji, an emoji app, Versace Toddlers)
- TV guestings (The Simple Life (2003-2006), America’s Next Top Model (2009; 2011), I am Cait (2015), Oceans 8 (2018), etc.)
- Film appearances (Disaster Movie (2008), Deep in the Valley (2009) and Temptation (2013)
- TV producer (Keeping Up with the Kardashians (2015-2016 seasons), The Spin Crowd (2010), Rob and Chyna (2016) and Glam Master (2018))
- Cameo roles in MTVs (Turn It Up (her own music video in 2011), Bound 2 and Wolves (by Kanye West in 2013 and 2016), MILFS (by Fergie in 2016) and Best Friend’s Ass (2019)
Model-influencer (Vogue) - Group of companies (Kimsaprincess LLC for TV production; KKW Beauty: cosmetics company)
Net worth from 2010-2019
- 2010: $45M
- 2011: $75.2M
- 2012: $97.1M
- 2013: $108.8M
- 2014: $124.9M
- 2015: $142.6M
- 2016: $148.5M
- 2017: $280M
- 2018: $350M
- 2019: $370M
How much does Kim Kardashian make in a day?
As of 2019, Kim recorded an average annual earning of $72M. With this figure as basis, she is projected to have been earning $1.39M per week or $276,900 per day.
What does Net Worth Mean?
What is a Net Worth?
It is a quantitative concept which measures the value of an entity. It is applicable ranging from an individual to companies, organizations, sectors and a country as a whole. To put it simply, it is the difference between assets and liabilities. A positive net worth means assets are greater than liabilities, whereas negative net worth mean liabilities are greater than assets.
Formula:
Net Worth = Assets – Liabilities
A little more into Net Worth Concept:
Net worth conveys the financial health of any entity. Asset is anything that is owned and has a monetary value to it while liabilities is a commitment that deplete resources. Assets can be liquid or which can turn into liquid ( example: bank check ). They are non-liquid when they take time to turn into cash (like for example Home). Whereas liability is an obligation that has to be repaid ( example: home loan, car loan etc.,)
Any financial institution or 3rd party look at your assets and liabilities to understand the financial position. Positive net worth or increasing asset base indicates good financial health while negative net worth or increasing liabilities means a bad financial health condition.
It is always a good habit for any entity to maintain a reduce liabilities and increase or maintain a balanced asset base.
What does a Net Worth Mean to a person?
In simple terms, it means the value that is left after subtracting liabilities from assets. Few Examples of liabilities include car loans, student loans, home loans, credit card bills, and other mortgages etc., whereas an individual’s assets are amount in the savings account, home, vehicle, bonds, stocks and other material that has value.
In other words, whatever is left after paying off all the personal debt from asset base is net worth. It is important to understand that value of net worth varies as per the market value of assets and current debt costs.
For example:
Consider a case of Ramu Johnson. His assets include a house valued at $350000, shares worth $150000 and a car worth $35000. His liabilities include a mortgage balance of
$150000 and an outstanding car loan $15000 to be paid.
Now Ramu Johnson’s Net Worth = ($350000+$150000+$35000) – ($150000+$15000)
= ($535000 ) – ($165000)
= $370000
Assuming Ramu Johnson’s financial position after five years as follows –
House value at $350000, Shares value at $180000, savings $ 40000 and car value $25000. While mortgage loan $120000, car loan $0 (paid off).
The Net worth after 5 years would = ($350000+$180000+$ 40000 + $25000 ) – ($120000)
= $595000 – $120000
= $475000
Here it is understood that, although the fact that the value of a house and car decrease, the net worth have increased to $475000. It is because a decline in house loan is less than the overall asset base and decrease in liabilities.
Note that, an individual’s net worth can be negative if his asset base is less than liabilities.
What does net worth mean for celebrities?
Most often celebrities fall under High Net worth Individuals. And what does HNWI mean?
People with considerable net worth as called as HNWI.
Independent Charted Accounts, wealth managers and investment counsellors stay close to them making them as prime markets.
As per Securities and Exchange Commission( SEC), investors more than 1Million are considered as accredited investors to invite them to invest in unrequested securities.
Is 401k part of net worth?
As per the definition, 401K is also a part of net worth if it is calculated in terms of assets and liabilities. But, in this case, 401K have no specifics as in, therefore it cannot be measured.
What is the average American net worth?
Like any entities net worth a countries net worth can be calculated as below. It is a sum of net worth of all individuals (citizens), companies and organizations reside in America, plus countries net worth. In America, this measure is referred to as financial position.
As on quarter 1 2014, America’s financial position =
Assets ( $269.6 trillion) – liabilities ($145.8 trillion ) = $123.8 trillion.
What is a good net worth by age?
| Age of Household | Median Net Worth |
|---|---|
| Under 35 years | $6,900 |
| 35 to 44 years | $45,740 |
| 45 to 54 years | $100,404 |
| 55 – 64 years | $164,498 |
| 65 – 69 years | $193,833 |
| 70 – 74 years | $225,390 |
| 65 – 75 Years | $202,950 |
| 75 + Years | $197,758 |
What is the net worth of the top 1%, 5%, 10%?
As in America, wealth distribution is as follows
Richest 1% of the population owned 35% of the country’s total wealth
Richest 5% of the population owned 11% of the country’s total wealth
Richest 10% of the population owned 12% of the country’s total wealth
Houses and cars of Kim Kardashian
Keeping up with the Kardashian means also keeping up with their mansions. Kim and Kanye first lived in their Bel-Air mansion a year after they got married. It has six bedrooms and eight bedrooms. They however, sold it in 2017 after spending almost $6M for renovation. At present, they live in their all-beige, 8-bedroom, 10-bathroom minimalist mansion located in Hidden Hills, California.
For her car collection, Kim personally owns a Cadillac Escalade, a Ferrari 458 Italia, a Mercedes Maybach, a Range Rover HSE, a Rolls-Royce Phantom and Ghost, a Mercedes Benz G63, a Lamborghini Gallardo, a Bentley Continental, a Maserati Granturismo, and a Prombron Red Diamond (she and Kanye each own one Red Diamond).
Success lessons from Kim Kardashian
Be unique and take risky moves.
Known to have upstarted her career through a controversial sextape, believe Kim when she says that success is all about taking risky moves. She adds to this by saying that you need to partner with successful people, know and own your brand and establish helpful networks along the way.
Tap the power of the media.
Kim knows the power of the media more than any person in the world. Along with being strategic with media content, she also says that embracing your fans are key success processes.
Conclusion
Whether you love her or hate her, Kim Kardashian has proven herself in the showbiz industry. She is basically here to stay and slay. She has made use of her influence in expanding the Kardashian empire. Amidst this, she has been an active advocate to change the American prison system and founded charity organizations for victims of Holocaust, and terrorism. With all of these, she is not an annual awardee of America’s Top Self-Made Women for nothing.
