Kim Kardashian’s flattering shapewear brand Skims has entered its billionaire era about four times over.
With Skims having raised $270 million in a recent funding round, the company is now valued at $4 billion. Investors valued the company at $3.2 billion just last year, The New York Times reported.
It’s only been four years since Kim Kardashian and business partner Jens Grede brought Skims into the world. The plan has always been to make the company the next big brand.
“It has grown quickly, and we’re so proud of that. We’ve had a really good flow of product launches,” Kardashian told The New York Times.
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