According to Forbes, Kim Kardashian West has finally attained billionaire status. On Tuesday the magazine published their “World’s Billionaires List” and Kiki made the cut.
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In October it was reported that Kardashian West’s net worth sat at $780 million but is currently worth $1 billion.
Forbes cites that the business mogul and reality star’s newly claimed 10 figure net worth can be attributed to her “two lucrative businesses,” her makeup brand, KKW Beauty, and her shapewear line, Skims.
However, this is not the first time a Kardashian/Jenner family member has sat atop the “World’s Billionaires List.” In March of 2019, Kylie Jenner was named the youngest self-made billionaire.
However, King Kylie’s title didn’t last long, because in May 2020 the business publication refuted its own reporting and corrected that Kylie Cosmetics was “significantly smaller, and less profitable than the family has spent years leading the cosmetics industry and media outlets."
Kylie responded to the updated 2020 reports in a tweet that read, “what am i even waking up to. i thought this was a reputable site.. all i see are a number of inaccurate statements and unproven assumptions lol. i’ve never asked for any title or tried to lie my way there EVER. period.”
The publication says it calculates a person’s wealth based on the stock process and the exchange rates on March 5, 2021. Forbes said, “We value a variety of assets, including private companies, real estate, art, and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes."
WATCH MORE: Kim Kardashian Gives Extravagant Tour of Her Many Fridges
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