Kim Kardashian 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 Kanye West the year she launched her brand. This leads to questions about the ‘Donda’ rapper’s contributions to the brand, if there were any. 

Does Kanye West own SKIMS and will he benefit from the profit made by Kim Kardashian? 

Recently, a report from Bloomberg revealed that Kim Kardashian raised a total of $670 million from investors. This helped SKIMS cross the 4 billion mark, boosting Kardashian’s wealth by $500 million. However, not many people know that Kanye West has a state of 5% in the company. In a 2022 interview on the show, Tucker Carlson Tonight, for Fox News, Ye revealed 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, “I have a major issue with that”. Ye also revealed that he built SKIMS “from nothing” 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!

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Recently, Kardashian launched a one-of-a-kind product that was unlike anything seen before. 

SKIMS’ latest product launch 

Kim Kardashian’s shapewear brand gained popularity owing to its inclusivity and innovation. As part of her latest innovation, the fashion mogul launched a Ni**le bra, which is the latest version of the brand’s popular push-up style. This bra includes a faux ni**ple and is priced at $62. 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. 

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What do you think about Kanye West’s 5% stake in SKIMS? Let us know your thoughts in the comments below!