Fox Business Flash top headlines for April 6
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Kim Kardashian is officially a billionaire, according to Forbes' most recent calculations.
The outlet estimated that the reality TV queen turned social media mogul turned businesswoman is now worth $1 billion, up from her former net worth estimate of $780 million in October.
The 40-year-old made the jump to the coveted list because of two of her last business ventures: KKW Beauty and Skims.
Kardashian founded KKW Beauty in 2017 and in 2020 sold 20% of her cosmetics company to Coty for $200 million, which valued the company at $1 billion.
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Forbes estimated that Kardashian's remaining 72% stake in the company is worth around $500 million.