Kim Kardashian is an American model, television personality, and entrepreneur whereas Peter Michael Davidson, popular as Pete Davidson, is a successful American comedian and screenwriter.
In this article, we will be comparing the net worth of Kim Kardashian and Pete Davidson. Read the full article to know about them.
Kim Kardashian Vs Pete Davidson’s Net Worth
Kim Kardashian has an estimated net worth of $1.8 billion as per reports and in 2021, Forbes named her on the billionaire list.
Pete Davidson has an estimated net worth of $8 million as of 2022 according to celebrity net worth.
Now, let’s take a dig into how they made their money and what contributed majorly to their net worth.
How Does Kim Kardashian Earn?
Kim was born into a rich family. Robert Kardashian, her father, was a lawyer and entrepreneur who fought for O.J. Simpson during his murder trial. The estimated net worth of Robert was $30 million.
Apart from that, Kim makes nearly $50 to $80 million yearly from her many endeavors and developing empire. For instance, during the period June 2018 and June 2019, she made $72 million with her several endeavors and made $50 million between the period June 2019 to June 2020.
She made a lot of money per year with several brand collaborations and endorsement deals. Kim made a small fortune from royalties that were generated by the mobile game “Kim Kardashian: Hollywood”. Apparently, over 60 million times the game was downloaded and ended up generating revenue of $200 million.
To this day, she holds 28 percent of the money earned from the app. Apart from the mobile app, her yearly earnings come from reality TV salary, appearance fees, endorsements, and paid Instagram sponsorships. In addition, Kim also has a brand of tanning products and a clothing brand at Sears.
Keeping aside the endorsement deals, her equity stakes in two companies contributed majorly toward her net worth and these are:
KKW Beauty: A direct-to-consumer beauty product line.
Skims: A shapewear company.
KKW Beauty Line was founded in 2017 and today, it has a gross revenue of more than $100 million. Kim sold a 20 percent stake in KKW Beauty Line for $200 million in June 2020, which led to valuing the company at $1 billion.
According to CNW’s estimates, as a consequence of the fundraising round, her net worth rose to $900 million.
Kim raised $5 million from Venture Capital firm Imaginary Ventures back in 2019 in order to launch a shapewear line named Skims. Skims managed to raise $154 million at a valuation of $1.6 billion in 2021. Kim continued to be the majority owner despite the vast financing round.
What Contributed to Pete Davidson’s Net Worth?
The Saturday Night Live comedian and actor kicked off his TV career in 2013, with the MTV comedy series named “Failosophy,” prior to starring in comedy series titled Guy Code and Gotham Comedy Live. He was also seen in Brooklyn Nine-Nine.
The next year, just at the young age of twenty, he landed the SNL cast and became the very first 90’s born member of the show, also, he was one of the youngest cast members who joined the show’s cast.
There are several reports that suggest that Pete charges a fee of nearly $15,000 to $25,000 (£11,000-£18,500) for each appearance on the show, and as per Go Banking Rates, it makes an expected annual salary of $500,000 (£370,000).
Davidson also starred, co-write, and executively produced the comedy-drama movie titled “The King of Staten Island: which kicked off in 2020.
We will keep you updated with all the latest information until then stay tuned to our website.
