Kim Kardashian Opens Up About Her Billion Dollar Empire to the World
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Kim Kardashian is offering fans an exclusive glimpse into the strategies that built her extraordinary empire. The "The Kardashians" star has spent nearly twenty years developing her brand, and she is now sharing insights on how she became a household name with a nine-figure business portfolio.
Her billionaire status stems from diverse ventures including a mobile game, beauty lines, and most notably, her SKIMS brand, currently valued at $5 billion and expanding rapidly across the globe.
Kim Kardashian Launches Business Masterclass
Following her massive success in entrepreneurship, Kardashian is taking on the role of mentor. Partnering with MasterClass, she will guide students through "The Ten Kimmandments" of business. Her lessons focus on how to build a brand from scratch and turn it into a profitable venture, reflecting the strategies she has personally practiced over the years.
The first principle Kim emphasizes is viewing oneself as the ultimate product, while the final rule encourages students to fully commit to the guidance she provides. In her promotional video, Kardashian showcased her signature style in a bold brown ensemble with sheer accents, reinforcing her brand image. Among her key teachings, she advises recognizing one's value and factoring in extra leverage in business decisions.
SKIMS: Cementing Billionaire Status
Kims shapewear company recently raised $225 million in a funding round, boosting its valuation to $5 billion. These funds are set to expand the brand globally through new retail locations. Goldman Sachs and other major investors backed the round, marking one of the largest funding events for a U.S. consumer brand, on par with companies like Lululemon. SKIMS is projected to reach approximately $1 billion in sales this year, with a focus on expanding physical stores in the coming years.
Hands-On Leadership
Forbes reports that Kardashian owns a one-third stake in SKIMS, contributing significantly to her wealth. She is deeply involved in the brands decisions, from design to campaign selection, emphasizing her hands-on approach as chief creative officer.
The company is also exploring the beauty market. In March, SKIMS acquired French beauty company Cotys 20% stake in Kims SKKN skincare line, originally purchased by Coty for $200 million. Additionally, Diarra NDiaye, founder of Ami Cole, was brought in to lead SKIMS expansion into beauty and fragrances.
Real Estate Moves
Kim continues to invest in real estate, recently buying a $7 million property near her $60 million Hidden Hills mansion, which she formerly shared with Kanye West. The new home includes four bedrooms, five bathrooms, scenic views, multiple fireplaces, a private spa, and equestrian access. The property will be integrated into her larger estate expansion plans.
Major Renovation Ahead
Kardashian is planning an extensive renovation of her Hidden Hills mansion, a project expected to last approximately 18 months. She revealed that the process will temporarily relocate her and her children, while transforming the home according to her vision.
With her move into teaching and mentorship, Kim Kardashian continues to add new dimensions to her multi-faceted career, demonstrating that her influence extends well beyond entertainment.
Author: Sophia Brooks
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