Kim Kardashian's Skims Brand Is Reportedly Worth $4 Billion

Kim Kardashian is winning.

BYAlexander Cole
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Kim Kardashian is one of the biggest reality TV show moguls of all time. Of course, Keeping Up With The Kardashians was a huge hit from the late 2000s to the early 2020s. However, the show has now gone to Hulu and is simply called The Kardashians. Overall, it remains a huge franchise, and there is a lot of fanfare surrounding it, which makes sense when you consider all of the famous people who have been in and around the family.

Additionally, Kim Kardashian does more than just reality tv. She is also the founder of Skims. This is a clothing brand that specialized in shapewear and various other garments. It has proven to be a fan favorite over the years, and it continues to sell out its numerous collections. According to TMZ, this success has translated into a pretty massive evaluation. As the outlet reports, Kim K's Skims empire has now grown to $4 billion.

Read More: Kim Kardashian Shares Fan’s TikTok About Her SKIMS Bodysuit Saving Her Life After A Shooting

Kim Kardashian Continues To Grow Her Business

NEW YORK, NEW YORK - MAY 16: Kim Kardashian visits the Skims Summer Pop-Up Shop in the Channel Gardens at Rockefeller Center on May 16, 2023 in New York City. (Photo by Kevin Mazur/Getty Images for SKIMS)

Just a few years ago, Skims was worthy $1.6 billion before doubling that mark in 2022. Additionally, TMZ is reporting a sales increase of 50 percent for 2023. The brand brought in net sales of $500 million back in 2022. This number will likely hit $750 million in 2023, which is astronomical. No matter your feelings on Kim and her empire, you have to admit that this is very impressive.

Clearly, Kim Kardashian and her name still carry a lot of weight in 2023. The mogul has proven to be a fantastic businesswoman, and we expect Skims to continue growing at a rapid pace throughout the decade. Let us know your thoughts on Skims, in the comments section below. Additionally, stay tuned to HNHH for updates from the pop culture world and beyond.

Read More: Kim Kardashian And Tom Brady Interacted At White Party According To New Photo

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About The Author
Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.