Kim Kardashian, Jens Grede, and Emma Grede have together built a billion-dollar fashion empire in just five years. SKIMS, the brand famous for its shapewear, has proven to be a powerhouse in the modern fashion industry.
On Saturday, October 5, Kim Kardashian celebrated this important milestone, marking half a decade of SKIMS’ remarkable success. In just five years, Kim transformed SKIMS from an initial idea into a brand valued at $4 billion, establishing herself not only as a reality TV star but also as an exceptional businesswoman.
Launched in 2019, SKIMS quickly created a sensation in the fashion industry with impressive sales right from the start. By 2022, the company achieved a valuation of $3.2 billion and made it onto Time magazine’s list of the 100 most influential companies of the year. Not stopping there, Kim expanded the product line to include men’s underwear in October 2023, meeting the demand from male customers and recording nearly $713 million in revenue, a 45% increase from the previous year.
Kim Kardashian has demonstrated that fame can be transformed into significant wealth. From a reality TV star, she has become a self-made billionaire with an estimated net worth of $1.7 billion. This not only reflects the success of SKIMS but also serves as an inspiring story of perseverance and ambition.
Beginning with the show “Keeping Up With The Kardashians“, Kim skillfully diversified her income streams, including mobile apps, the Kimojis product line, and the KKW Beauty cosmetics brand. Her wealth has grown exponentially, making her one of the world’s leading self-made female billionaires.
Although Kim’s wealth has fluctuated over the years—at one point reaching a net worth of $1.9 billion in 2022 before dropping to $1.2 billion—her current net worth stands at $1.7 billion, according to Forbes in 2023, following SKIMS’ latest funding round.
Looking back over the past five years, SKIMS has not only achieved financial success but has also changed the way people perceive body image and confidence. With her business acumen and ability to connect with the public, Kim Kardashian has asserted herself as not just an entertainment icon, but also a powerful force in the fashion industry.
