Kim Kardashian launched her shapewear brand, Skims, in 2019. Already a millionaire then, the brand’s funding rounds have made her a billionaire. Now worth $1.9 billion, as per Forbes estimates, Kim Kardashian’s Skims has a wide and loyal customer base. Today, the shapewear brand has launched its own collection with Nike, a global leader in athleisure. Based on the most recent round of funding, the apparel brand has raised another $225 million, pushing its total valuation to $5 billion.
Today, Skims has 20 retail stores across the US and Mexico. Earlier this year, Skins bought a 20% stake from French beauty giant Coty of Kardashian’s skincare line, SKNN. Expanding from shapewear to apparel and now dabbling in the beauty sphere, Kardashian is a businesswoman to the core. Here’s a look at her most luxurious real estate deals.
Kim Kardashian’s real estate empire
Kim Kardashian‘s business model is no less than a case study. As she shot to fame after their reality show, ‘Keeping Up with the Kardashians’, she has always been at the centre of controversies. Becoming a pop-culture icon and a permanent invitee at all major events, she was also one of the prime guests at Anant Ambani’s pre-wedding festivities at Jamnagar. She has several high-value real estate investments across the US.
Hidden Hills
Her Hidden Hills mansion in California is her primary residence and is reportedly worth $80 million. Designed with former husband Kanye West, celebrity architect Axel Vervoodt planned this uber-luxurious residence. Ultra-minimalist, this mansion features an air foyer, opening living spaces, neutral palettes, and custom furnishings. It is an 8-bedroom mansion spanning across 15,667 square feet. After the very public divorce, Kardashian retained the property for more than $20 million and expanded with opulent purchases of adjacent homes for over $10 million.
Over the years, Kardashian has done several real estate deals, including a carefully curated condo in Calabasas. She has also expanded her real estate holdings to a couple of Wyoming ranches, Malibu, and Idaho mountains.
Malibu
One of the biggest celebrity real-estate deals, Kardashian purchased her Malibu mansion for $70.4 million, as per Robb Report. The Mediterranean-style estate is an oceanfront property and was previously owned by model Cindy Crawford. Spread across 3.2 acres, the 7,500-square-foot villa features four bedrooms, wraparound decks, and stunning Pacific Ocean views. It comes with a poolside cabana, tennis court, spa, and a cosy firepit lounge — plus a private path leading straight to a hidden beach.
La Quinta
Plucked for $6.3 million off the market, Kardashian acquired the two-acre plot in 2019. Located in the Coachella Valley, this lavish home is surrounded by the properties of the rest of the Kardashian-Jenner clan. Keeping her love of minimalism alive, Kardashian brought in Pritzker Prize–winning architect Tadao Ando to design the opulent retreat from the ground up. With a private golfing estate, mountain views, a pool and spa, an art gallery, a movie theatre, and two elevators, this house is nothing short of a modern-day palace.
Kardashian is also the owner of a custom private jet she calls ‘Kim Air’. The Gulfstream G65ER is a palace-in-air with its luxurious interiors and a sign of Kardashian’s feat. Her car collection is a bespoke mix of old and new money with a garage filled with labels like Rolls-Royce, Mercedes-Maybachs, Range Rovers, and Lamborghinis.
A regular at red carpets, her fashion has always been the buzz on the Internet. From flaunting her million-dollar luxury bags to custom designer labels, no price tag is too much for Kim. Her brand endorsements are just one part of her revenue, as her entrepreneurial journey has just begun.
