Kylie, meanwhile, took 29th place with $700million. Kims recent fortune came after Coty bought a 20% stake in KKW Beauty, worth $200m (£160m) - meaning they value her brand at $1bn (£800m) according to its terms.
Is Kylie Jenner richer than Kim?
Some say theyre famous for being famous, but the Kardashians are rolling in dough because theyre smart and business savvy—and its the youngest, Kylie Jenner, whos one of the richest. But she doesnt top Kim Kardashian, whos now officially a billionaire, according to Forbes.
Why is Kim Kardashian a billionaire?
Kim Kardashian has officially become a billionaire, according to Forbes. Her fortune comes mainly from her two businesses: the shapewear brand Skims, and the cosmetics company KKW Beauty.