Kim Kardashian’s Company SKIM Now Valued At $3.2 Billion Dollars

According to recent financial reports, Kim Kardashian ’s company SKIMS is now valued at $3.2 billion, a figure that has doubled within the last nine months.

Kim Kardashian ’s loungewear, shapewear and intimates company SKIMS has been a hit with devoted fans since the brand was launched back in 2019—and that loyalty has now resulted in new valuation for the company to the tune of billions.

Bloomberg reports, a $240 million-dollar financing round, spearheaded by hedge fund Lone Pine Capital and investment firm D1 Capital Partners, had led Kim Kardashian’s popular brand SKIMS to double its value in less than a year. According to the company’s CEO Jens Grede, SKIMS is now valued at $3.2 billion, which is far different from its previous valuation of $1.6 billion back in April 2021.

Speaking about her company’s latest figures, Kim reportedly stated in an email, “This latest round will allow us to focus on bringing more innovations and solutions to our customers and become even more of a trusted resource for them.” 

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