Kim Kardashian’s Skims shapewear valued at $1.6 billion

Kim Kardashian’s newest startup just joined her in the billion-dollar club. The reality TV icon’s Skims shapewear brand says it’s snagged a new batch of private investments valuing it at $1.6 billion. The deal also stands to lift Kardashian’s coffers on the heels of her being granted billionaire status for the first time this week….Business | New York Post

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