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. Please read the full report to learn about them.
Kim Kardashian Vs. Pete Davidson’s Net Worth
According to reports, Kim Kardashian has an estimated net worth of $1.8 billion, and in 2021, Forbes named her on the billionaire list.
According to celebrity net worth, Pete Davidson has an estimated net worth of $8 million as of 2022.
Now, let’s 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 wealthy family. Her father, Robert Kardashian, a lawyer and entrepreneur, fought for O.J. Simpson during his murder trial. Their estimated net worth of Robert was $30 million.
Besides that, Kim makes nearly $50 to $80 million yearly from her many endeavors and developing empire. For instance, between June 2018 and June 2019, she made $72 million with her several shots and $50 million between the period June 2019 to June 2020.
She made a lot of yearly money with several brand collaborations and endorsement deals. Kim made a small fortune from royalties generated by the mobile game “Kim Kardashian: Hollywood.” Over 60 million times, the game was downloaded and generated 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 has a tanning product brand 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 is 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 in 2019 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 “Philosophy,” before starring in comedy series titled Guy Code and Gotham Comedy Live. He was also seen in Brooklyn Nine-Nine.
The following 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 joined the show’s cast.
Several reports 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-wrote, and executively produced the comedy-drama movie “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.