Does Kanye West Own SKIMS? Here Are the Stocks The Yeezy Boss Has in Kim Kardashian&#8217;s Shapewear Brand

 founded her shapewear brand, SKIMS, in the year 2019, which later skyrocketed into a billion-dollar corporation. Over the years, Kardashian launched many collections of bodysuits, bras, and other shapewear, bringing about a shapewear revolution that rivaled the impact of Spanx. Recently, the socialite steered her brand past the 4 billion mark. While she was the key figure in getting the brand to where it was, she had help along the way. Kim Kardashian was married to  the year she launched her brand. This leads to questions about the ‘Donda’ rapper’s contributions to the brand, if there were any. Recently, a report from Bloomberg revealed that Kim Kardashian raised a total of $670 million from investors.  However, not many people know that Kanye West has a state of 5% in the company. that he and Kim Kardashian developed the shapewear brand together. However, he only had a 5% stake, whereas the venture capitalist, Josh Kushner, had a 10%. This did not sit well with the rapper, who expressed his disappointment saying, “”. Ye also revealed that he built SKIMS “” and it was disappointing for him to see someone else getting more benefits from the effort he put in. Kanye West also had a problem with the brand’s racy ads, many of which featured Kim Kardashian herself. However, this bashing did not stop Kardashian from rolling out thrilling launches that are making fans go bananas!Recently, Kardashian launched a one-of-a-kind product that was unlike anything seen before. Kim Kardashian’s shapewear brand gained popularity owing to its inclusivity and innovation. As part of her latest innovation, , which is the latest version of the brand’s popular push-up style. . Ever since Kardashian launched this product, the internet saw a division between two groups, where one was in favor of the unique design, others just could not relate to it. For women who survived breast cancer, this product was a blessing, leading them to be all praises for the product. Not only this, a one-time charity will also be done by SKIMS from the sales of the product towards carbon removal. While only time will tell how much this new product will add to the lucrative shapewear brand, Kanye West will continue to see gains from Kardashian’s brainchild, divorce notwithstanding.  What do you think about Kanye West’s 5% stake in SKIMS? Let us know your thoughts in the comments below!

Itti Mahajan is a Hollywood News reporter and editor at NetflixJunkie. Her love for movies, fashion and music got her hooked to entertainment reporting and works like Peaky Blinders, The Godfather, and The Office have only deepened that love. Two of her interests (music and psychology) had an interesting collaboration in her research paper on “Legato”: A Study to Understand Individual Associations of Young Adults with Music. So she is your go-to when you want to understand why you may be a Swiftie or simple when you want to dive deeper into a fictional character. When she is not breaking down a new movie or series, you will find her re-reading Little Women, curating mood boards, or lifting weights at the gym.

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Does Kanye West Own SKIMS? Here Are the Stocks The Yeezy Boss Has in Kim Kardashian&#8217;s Shapewear Brand - Netflix Junkie

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Hriddhi Maitra is a Hollywood News reporter at Netflix Junkie. An enthusiastic movie buff, Hriddhi found her true calling when she worked as a Cinema Content Writer at My Cinema Story while analyzing movies objectively, and offering constructive feedback. Coming from a background where she worked in different niches like finance, food, travel, medicines, automobile, and entertainment, we can safely say she is a jack of all trades. With experience writing over 500+ articles, she is willing to pick up entertainment trends, controversies, and their societal impact at Netflix Junkie. Speaking of her love for cinema, The Shawshank Redemption and Crazy Stupid Love is her favorite. Though 'not an avid reader', as in her own words, she likes Jane Austen's Pride and Prejudice. When she is not listening to music or working, you can find her binge-watching a new show or writing a review to be live on her social media.

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Does Kanye West Own SKIMS? Here Are the Stocks The Yeezy Boss Has in Kim Kardashian&#8217;s Shapewear Brand - netflix-junkie

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<p><span style="font-weight: 400;"><a href="https://www.netflixjunkie.com/tag/kim-kardashian/">Kim Kardashian</a> founded her shapewear brand, SKIMS, in the year 2019, which later skyrocketed into a billion-dollar corporation. Over the years, Kardashian launched many collections of bodysuits, bras, and other shapewear, bringing about a shapewear revolution that rivaled the impact of Spanx. Recently, the socialite steered her brand past the 4 billion mark. While she was the key figure in getting the brand to where it was, she had help along the way. </span></p>
<p><span style="font-weight: 400;">Kim Kardashian was married to <a href="https://www.netflixjunkie.com/tag/kanye-west">Kanye West</a> the year she launched her brand. This leads to questions about the ‘Donda’ rapper’s contributions to the brand, if there were any. </span></p>
<h2><strong>Does Kanye West own SKIMS and will he benefit from the profit made by Kim Kardashian? </strong></h2>
<p><span style="font-weight: 400;">Recently, a report from Bloomberg revealed that Kim Kardashian raised a total of $670 million from investors. <strong>This helped SKIMS cross the 4 billion mark, boosting Kardashian’s wealth by $500 million.</strong> However, not many people know that Kanye West has a state of 5% in the company. <a href="https://www.foxnews.com/entertainment/kim-kardashian-skims-shapewear-company-in-spotlight-after-kanye-west-tucker-carlson-interview" target="_blank" rel="noopener">In a 2022 interview on the show, <em>Tucker Carlson Tonight</em>, for Fox News, Ye revealed </a></span><span style="font-weight: 400;">that he and Kim Kardashian developed the shapewear brand together. However, he only had a 5% stake, whereas the venture capitalist, Josh Kushner, had a 10%. </span></p>
<figure id="attachment_96647" aria-describedby="caption-attachment-96647" style="width: 2560px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-96647 size-full lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565.jpg" alt="Kanye West and Kim Kardashian" width="2560" height="1420" data-sizes="auto" data-srcset="https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565.jpg 2560w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565-300x166.jpg 300w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565-1024x568.jpg 1024w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565-768x426.jpg 768w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565-1536x852.jpg 1536w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/03/imago0109484744h-scaled-e1678504075565-2048x1136.jpg 2048w" sizes="(max-width: 2560px) 100vw, 2560px" /><figcaption id="caption-attachment-96647" class="wp-caption-text">Credits: Imago</figcaption></figure>
<p><span style="font-weight: 400;">This did not sit well with the rapper, who expressed his disappointment saying, “<em>I have a major issue with that</em>”. Ye also revealed that he built SKIMS “<em>from nothing</em>” and it was disappointing for him to see someone else getting more benefits from the effort he put in. Kanye West also had a problem with the brand’s racy ads, many of which featured Kim Kardashian herself. However, this bashing did not stop Kardashian from rolling out thrilling launches that are making fans go bananas!</span></p>
<p><strong>ALSO READ: </strong><a href="https://www.netflixjunkie.com/hollywood-news-kim-kardashian-impresses-netizens-by-breaking-boundaries-with-her-partnership-with-nba/" target="_blank" rel="noopener">Kim Kardashian Impresses Netizens by “breaking boundaries” With Her Partnership With NBA</a></p>
<p><span style="font-weight: 400;">Recently, Kardashian launched a one-of-a-kind product that was unlike anything seen before. </span></p>
<h2><strong>SKIMS&#8217; latest product launch </strong></h2>
<p><span style="font-weight: 400;">Kim Kardashian’s shapewear brand gained popularity owing to its inclusivity and innovation. As part of her latest innovation, <a href="https://www.netflixjunkie.com/hollywood-news-days-after-the-record-breaking-launch-kim-kardashian-four-billion-worth-skims-gets-a-sizzling-women-line-update/" target="_blank" rel="noopener">the fashion mogul launched a Ni**le bra</a>, which is the latest version of the brand&#8217;s popular push-up style. <strong>This bra includes a faux ni**ple and is priced at $62</strong>. Ever since Kardashian launched this product, the internet saw a division between two groups, where one was in favor of the unique design, others just could not relate to it. </span></p>
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<p><span style="font-weight: 400;">For women who survived breast cancer, this product was a blessing, leading them to be all praises for the product. Not only this, a one-time charity will also be done by SKIMS from the sales of the product towards carbon removal. While only time will tell how much this new product will add to the lucrative shapewear brand, Kanye West will continue to see gains from Kardashian’s brainchild, divorce notwithstanding. </span></p>
<p><strong>ALSO READ:</strong> <a href="https://www.netflixjunkie.com/hollywood-news-kim-kardashian-hits-it-out-of-the-park-with-her-halloween-decorations-yet-again/" target="_blank" rel="noopener">Kim Kardashian Hits It Out of the Park With Her Halloween Decorations Yet Again</a></p>
<p><span style="font-weight: 400;">What do you think about Kanye West’s 5% stake in SKIMS? Let us know your thoughts in the comments below!</span></p>


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Does Kanye West own Skims? Check if the 'Donda' rapper is profiting from his ex-wife's $4 billion shapewear brand, SKIMS!

Does Kanye West Own SKIMS? Here Are the Stalks The Yeezy Boss Has in Kim Kardashian's Shapewear Brand - Netflix Junkie

Does Kanye West Own SKIMS? Here Are the Stalks The Yeezy Boss Has in Kim Kardashian&#8217;s Shapewear Brand

Hriddhi Maitra is a Hollywood News writer at Netflix Junkie. She skillfully breaks down nuances in stories on polarizing figures Kanye West and Meghan Markle. A Markle moment she covered was when the Duchess faced backlash for wearing Princess Diana’s Cartier watch. Hriddhi connected it to the missing ring controversy with her research skills. When not analyzing news, you will find her lost in the musical world or reviewing the latest movie and series releases on her social media.

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Does Kanye West own Skims? Check if the &#039;Donda&#039; rapper is profiting from his ex-wife&#039;s $4 billion shapewear brand, SKIMS!

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Does Kanye West Own SKIMS? Here Are the Stalks The Yeezy Boss Has in Kim Kardashian&#039;s Shapewear Brand

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Does Kanye West Own SKIMS? Here Are the Stocks The Yeezy Boss Has in Kim Kardashian’s Shapewear Brand

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