Kim Kardashian’s business empire continues to expand at lightning speed, and the latest valuation of her shapewear brand Skims has officially pushed her net worth into billionaire territory — once again, and this time higher than ever before.

When Kardashian co-founded Skims in 2019 with entrepreneurial partners Jens and Emma Grede, the goal was simple yet ambitious: revolutionize the outdated shapewear industry. For decades, shapewear meant stiff, uncomfortable, beige undergarments that women wore reluctantly. It wasn’t stylish, inclusive, or comfortable. The category was functional — and uninspiring.

Skims turned that perception upside down.

Instead of the traditional restrictive designs, Skims introduced soft, breathable, and body-positive shapewear made from high-quality fabrics that celebrated all body types. Kardashian and the Gredes built a brand that was not only about shaping the body but also about confidence, inclusivity, and self-expression.

The transformation was nothing short of revolutionary.

Reinventing the Shapewear Industry

When Skims first launched, the brand immediately stood out. Its marketing was modern, sleek, and highly relatable — leveraging Kim’s global fame, smart social media storytelling, and a message of inclusivity.

Gone were the days of “one-size-fits-all” beige shapewear. Skims offered a wide range of tones and sizes, from petite to plus, ensuring that every customer could find a fit that celebrated their natural shape. The brand also embraced diversity by featuring models of all backgrounds, shapes, and genders in its campaigns.

The result? Instant success.

When Skims dropped its first online inventory, $2 million worth of products sold out in just 10 minutes. That explosive demand wasn’t a fluke — it signaled the beginning of a massive cultural and commercial shift.

Skims was no longer just selling undergarments; it was selling confidence, comfort, and inclusivity wrapped in a fashion-forward brand identity.

The Meteoric Rise: From Startup to Billion-Dollar Empire

In just a few short years, Skims evolved from a startup into one of the most valuable apparel companies in the world. Its journey has been marked by a series of jaw-dropping valuations that reflect both its strong financial performance and its cultural dominance.

April 2021: Skims raised funds at a $1.6 billion valuation, astonishing for a company barely two years old.

January 2022: Investors doubled down, increasing the valuation to $3.2 billion, officially cementing Kim Kardashian’s status as a billionaire.

2023: Skims secured $270 million in a Series C funding round, pushing the company’s valuation to $4 billion.

Behind these impressive numbers was serious business growth. Skims recorded $500 million in revenue in 2022 and was on track for $750 million in 2023.

As the brand expanded beyond shapewear into underwear, loungewear, men’s basics, activewear, and apparel, it reached a broader consumer base. High-profile collaborations with celebrities, athletes, and designers further fueled its visibility.

By 2025, Skims had surpassed $1 billion in annual net sales, a milestone that many heritage brands take decades to achieve.

Skims also ventured into brick-and-mortar retail, opening flagship stores in major U.S. cities such as New York, Los Angeles, Austin, Atlanta, and Boca Raton. The move helped solidify its presence beyond the digital space, transforming it into a recognizable retail powerhouse.

A $5 Billion Milestone — And Counting

In late 2025, Skims announced yet another funding round — this time raising $225 million led by Goldman Sachs Alternatives and BDT & MSD Partners. The deal valued Skims at a staggering $5 billion.

This valuation places Skims among the most valuable privately held fashion companies in the world, alongside global giants like Patagonia and Chanel’s parent companies.

Executives have hinted that the next phase of Skims’ growth will focus on international expansion, targeting key markets in Europe, Asia, and the Middle East. Analysts predict that Skims’ momentum could carry it toward a potential IPO (Initial Public Offering) in the next few years, potentially doubling or tripling its value once it goes public.

Kim Kardashian’s Billion-Dollar Fortune

The success of Skims has had a direct — and dramatic — impact on Kim Kardashian’s personal wealth.

Kardashian reportedly owns approximately one-third (33%) of Skims, alongside Jens Grede (another 33%) and Emma Grede (a smaller stake). With the new $5 billion valuation, Kim’s share is now estimated to be worth $1.67 billion on paper.

At the previous $4 billion valuation, her share was valued at about $1.32 billion, meaning this latest funding round has increased her paper fortune by $350 million in less than a year.

As a result, Kim Kardashian’s total net worth has risen from $1.7 billion to an estimated $2 billion — solidifying her status as one of the wealthiest self-made women in entertainment and fashion.

The Richest Kardashian

Even in a family full of multimillionaires, Kim Kardashian’s wealth towers above the rest.

While every member of the Kardashian–Jenner family has found success in business and entertainment, none come close to Kim’s financial empire.

Here’s how the family’s current net worth rankings reportedly stand:

While Kylie Jenner famously became a billionaire (briefly) thanks to her cosmetics brand, Kylie Cosmetics, the company’s reduced valuation after selling a majority stake brought her fortune down. Meanwhile, Kim’s consistent success with Skims, KKW Beauty (now restructured as SKKN by Kim), and various investments has kept her firmly at the top.

Kim has also expanded her portfolio with real estate, private equity, and media ventures, further diversifying her wealth beyond fashion.

Skims vs. Spanx: The Battle for Shapewear Supremacy

Before Skims entered the market, the shapewear industry was dominated by Spanx, founded by Sara Blakely in 2000. Blakely started the company with just $5,000 and turned it into a global powerhouse that revolutionized women’s undergarments.

For years, Spanx was the gold standard — sold in every major department store and worn by celebrities and professionals alike. In 2021, Blakely sold a majority stake to Blackstone at a $1.2 billion valuation, making her a billionaire.

However, after the sale, Spanx lost some of its innovative spark. As Blakely stepped back from daily operations, marketing slowed, and product development plateaued. The brand shifted toward a more traditional corporate model, and its cultural relevance began to wane.

Enter Skims.

With a modern approach that embraced body positivity, inclusivity, and digital marketing, Skims captured the attention of younger consumers. Its influencer-driven campaigns and celebrity endorsements made shapewear trendy — something Spanx had never quite achieved.

While Spanx remains profitable and widely sold, Skims has completely overtaken it in cultural influence, growth, and brand energy. It’s the clear leader in what is now one of the fastest-growing apparel categories in the world.

The Power of Brand Building and Celebrity Influence

One of the key factors behind Skims’ success is Kim Kardashian’s unparalleled understanding of branding and media. Few celebrities have mastered the art of self-promotion and digital storytelling like she has.

Through social media, Kim turned herself into a brand long before influencers were mainstream. She leveraged that influence to give Skims an instant global audience. Every product drop, campaign, and collaboration is strategically timed and heavily amplified across platforms — ensuring viral attention and immediate sales spikes.

Moreover, the Gredes’ operational expertise helped translate Kim’s vision into a scalable, high-quality product line. Jens Grede brought fashion and supply chain knowledge, while Emma Grede — who also co-founded Good American with Khloé Kardashian — infused the brand with her marketing and diversity-driven approach.

Together, they created a blueprint for how celebrity-led businesses can transcend personal fame to become legitimate, world-class brands.

What’s Next for Skims?

As Skims continues to dominate the shapewear and loungewear market, industry insiders speculate on what’s next.

The brand has already announced plans to:

Expand into international markets, particularly in Asia and Europe.
Launch new product lines, including maternity wear, sportswear, and potentially children’s basics.
Explore sustainability initiatives, with eco-friendly fabrics and ethical production standards.
Consider an IPO, which could push the company’s valuation well beyond $10 billion.

If these ambitions materialize, Kim Kardashian’s personal fortune could grow substantially once again — potentially reaching $3 billion or more within the next few years.

A Billionaire Reinvented

Kim Kardashian’s journey from reality TV icon to global business mogul is one of the most remarkable transformations in pop culture history.

What began as a career built on media attention has evolved into a legacy of entrepreneurship, empowerment, and innovation. Through Skims, she has not only reshaped an industry but also redefined what it means to be a modern billionaire — one who combines creativity, business acumen, and social influence.

Her story is more than just about money; it’s about adaptability, vision, and an unrelenting drive to evolve. Skims may have started as a simple shapewear line, but it has grown into a lifestyle empire — one that embodies comfort, confidence, and cultural relevance.

And with a $5 billion valuation, it’s clear that Kim Kardashian’s empire is far from finished growing.

Final Thoughts:

Kim Kardashian’s net worth soaring to $2 billion is not just a testament to her success but also a reflection of how consumer behavior and celebrity entrepreneurship have changed the business landscape. Skims isn’t just selling shapewear; it’s selling empowerment — and that may be the most valuable product of all.