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Kim Kardashian's SKIMS receives eye-watering valuation

Kim Kardashian SKIMS Emma Grede
Kim Kardashian founded the company in 2019

Kim Kardashian's SKIMS brand has been valued at $5 billion.

The 45-year-old beauty co-founded the shapewear and clothing brand with Emma Grede back in 2019, and SKIMS has just raised $225 million in new capital, thereby valuing the label at $5 billion in total.

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