Kim Kardashian's net worth just increased by $600 million to $1.8 billion
The brand secured $240 million in financing due to hedge fund Lone Pine Capital's financing round, including participation from investors Alliance Consumer Grown, Thrive Capital Imaginary Ventures and D1 Capital Partners, according to Bloomberg via Forbes.Successful woman: On Wednesday it emerged another $240 million had been poured into the company after Kim, 41, and her business managers sourced new investors, taking the value of the company to $3.2 billion - up from last April's $1.
Kim's worth increased from $780 million October 2020 to $1 billion after she cashed in on KKW Beauty by selling 20 percent of the business to Coty for $200 million; the deal was finalized January 2021.In August, Kim seemingly confirmed she is expanding her hugely successful Skims loungewear and intimates label into swimwear.
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