Kim Kardashian Net Worth

Owing to the recent news making the round that Kim Kardashian's net worth has finally hit a billion-dollar as a result of the recent $1 billion investment into KKW Beauty, the truth is yet to be ascertained by Forbes. The news might not likely be so because the billion-dollar investment is based on a sole transaction. Also, Forbes stated that Kardashian West's net worth is likely to be around $900million. 

Kim Kardashian West's beauty brand was estimated to have hit a billion dollars after the $200 million investment from Coty. However, this does not necessarily mean that the Reality TV show star had hit the mark and now a member of the three comma club. To become a member, Forbes reveals that, not only would the asset and financial status of the individual be worth more than $1 billion, he or she must also be free from all debts.

After Coty's 200 million investment in KKW Beauty, media outlets from Daily Mail and Vanity Fair started referring to Kim as a billionaire.

Aside from this, Kanye West also revealed in his tweet that his wife is now a billionaire. However, the reality is more complex as the current estimate is based on a sole transaction. 

According to Forbes, Kardashian West's current net worth is $900 million. The magazine also stated that the current "sky-high" valuation is likely as a result of a social media presence than actual fact. 

Added to this, that the company hit a $1 billion transaction does not necessarily mean that it has made $1 billion. The current net worth that is making the round is solely a product of Coty's new investment. Such valuation is always written down and used to calculate the company's actual net worth. The valuation is not taken as the real net worth itself.

According to Forbes, when estimating a person's net worth, it prefers to lop off at least 10% of private assets. 

Furthermore, Forbes is still in doubt that Kim Kardashian is the sole owner of the Kim Kardashian West Beauty company. This is because Kardashian West's mother, Kris Jenner, claims to own 8% of the business. As it is, neither of them has responded to Forbes' question on the recent developments.

Kanye West is struggling to be in the billionaire list but it appears Kim Kardashian West is not yet there 

Early this year, in an analysis of both Kim Kardashian West and her husband Kanye West's lobby to be added to the Forbes Billionaire list, it was revealed that the couple owns $21 million in real estate,  $35 million in stocks, $21 million, $297, 050 of livestock, and $3,845,162 worth of vehicles. However, there is no clear cut explanation of how these assets are divided among the couple. Forbes also revealed that the couple shares a debt of $53 million. 

Aside from money made through KKW, Kardashian West also earns from her shapewear brand Skims, social media posts, and her family Reality TV show "Keeping Up with the Kardashians.

According to Forbes, to make it to the list of billionaires, Kim Kardashian assets would have to be more than $1 billion having subtracted all her debts. From all indications, Kim Kardashian is not there yet. 

Forbes also revealed Kardashian West's sister, Kylie Jenner suffered the same situation last year when the same Coty company invested in her Cosmetics company. This raised the company's valuation to $1 billion and the news went viral just as Kim Kardashian is currently going viral. In fact, Forbes declared Kylie as the world's youngest self-made billionaire only to revoke this by May. 

Although Kylie denied ever misleading the magazine, Forbes is trying not to allow history to repeat itself.