Member Since: 6/20/2012
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'Kim K didn't make $80M' -Forbes
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Late on Monday night, reality star Kim Kardashian took to Twitter TWTR -3.60% to deride critics who lambasted her latest nude selfie. She jokingly blamed her late response on bookkeeping: supposedly cashing a $80 million check from her “video game” and putting money in a joint account presumably with husband Kanye West, who recently tweeted he was $53 million in debt.
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Kim Kardashian West ✔ @KimKardashian
sorry I'm late to the party guys I was busy cashing my 80 million video game check & transferring 53 million into our joint account
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But the tongue-in-cheek comment is not quite true. Though her Kim Kardashian: Hollywood game may be making millions, Kardashian West herself has probably earned around half the amount she reported on Twitter from the game.
Released in June 2014 by mobile developers Glu, Kim Kardashian: Hollywood was the publicly-traded company’s biggest moneymaker in 2015. The iPhone and iPad game invites players to create their own celebrity, boosted by in-app purchases. Kim Kardashian: Hollywood, which has been downloaded over 40 million times, generated $71.8 million in revenue last year alone, down significantly from the $74.3 million tallied by the game in just six months in 2014.
Kardashian banked a remarkable $52.5 million pretax between June 2014 and June 2015 to land on No. 33 on FORBES’ Global Celebrity 100 of The World’s Highest-Paid Entertainers–a huge rise from the $28 million she made in 2014. About half of that $52.5 million came from her game earnings, FORBES estimates, with the rest comprised of clothing, endorsements, appearances and TV money. (In that same period, West tallied an estimated $22 million.)
Insiders say Kardashian likely pockets around 45% of profits from the game; analysts suggest her take-home may be roughly equivalent to 30% of revenues. If those estimates are correct, in 2015 Kardashian likely banked around $20 million from the game . She probably did slightly better in 2014, with nearer to $22 million. But even when we add up her approximate total earnings from the game in the last two years, they cumulatively top just over $40 million. Not too shabby, but a far cry from the $80 million she teasingly claimed.
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