After months of being separated from her rapper husband Kanye West, Kim Kardashian has finally pulled the plug on their marriage by filing for divorce on February 19, 2021.
Following the divorce, Kim and Kanye will share custody of their four children, North, Saint, Chicago, and Psalm. However, after close to seven years of marriage, there are billions of dollars worth of paperwork to be done. This is setting up to be one of the most expensive divorces ever.
The couple had a lot before their $2.8 million wedding in Florence in 2014, and have exponentially more to their names now. But their most visible assets, such as their family home in Hidden Hills, California which is worth $60 million; make up just a small fraction of their combined net worth, which stands at $2.1 billion, according to Forbes.
Kim Kardashian
Just last June, Kim’s KKW Beauty brand (the ‘W’ stands for West) was valued at $1 billion. Last month, Coty bought 20 percent of KKW Beauty for a reported $200 million; bringing Kim’s personal fortune to an estimated $750 million.
This massive wealth includes $250 million from Keeping up with the Kardashians, modeling, her mobile app and other ventures. She launched her SKIMS line of shapewear in 2019 and fashion outlet Nordstrom added the brand to its stock a year ago.
Not surprisingly, when they rolled out face masks last May, they sold out immediately. Skims donated 10,000 masks to COVID-19 relief efforts.
Kanye West
While Forbes reported that Kanye was worth $1.3 billion, the Famous rapper corrected that figure saying; “It’s $3.3 billion since no one at Forbes knows how to count”.
A bulk of this sum comes from his Yeezy empire, which he owns completely and produces in collaboration with Adidas.
He founded his label G.O.O.D. Music in 2014. And in a bid to regain control of his master recordings, he sued Universal Music Group in 2019 to get out of his contract.
A separate suit he filed against Sony/ATV-owned EMI was settled that fall. Bloomberg reported that Valentiam Group, which specializes in putting a value on such things; had estimated his music catalogue to be worth roughly $110.5 million.
Kim and Kanye acquired a lot of properties together…
Their tangible holdings include two homes in the celeb-favoured gated community/city of Hidden Hills. They purchased a smaller house for $3 million next to the 15,000-square-foot mansion they bought in 2014 for $20 million. Then, they spent at least $20 million renovating over the course of three years.
They added to their real estate portfolio in 2018; buying a four-bedroom condo in a Miami Beach high rise for $15.5 million. Then, Kanye reportedly bought the Wyoming properties, Monster Lake Ranch for $14 million in September 2019. Also, he bought Bighorn Mountain Ranch two months later for $14.5 million.
According to documents reviewed by Forbes, their assets also include $5 million in art, nearly $4 million in vehicles, $3.2 million in jewellery and $300,000 worth of livestock living in Wyoming.
The couple signed a prenuptial agreement prior to their wedding; either way this goes, Kim and Kanye will be well-fed and so will their children.
