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The Entire Kardashian/Jenner Family is Now Worth Over $1 Billion

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The Entire Kardashian/Jenner Family is Now Worth Over $1 Billion

The world was recently rocked by an article from Forbes that explained how Kylie Jenner had built a $900 million dollar empire with the success of Kylie Cosmetics and was “self-made”.

A lot of people took to social media bewildered by the article.

How could Kylie Jenner now be worth almost $1 billion?

Was she really self-made?

Although the article may have misrepresented Jenner’s true net worth, with her true net worth being estimated at $300 million, it did now mean one thing…

The total net worth of the entire Kardashian/Jenner family has just surpassed $1 billion dollars!

Here’s a breakdown of how much each member of the family is worth, with the family’s combined net worth at the bottom of the article:

 

Kris Jenner

Net Worth: $90 million

Kris Jenner is the executive producer behind the ‘Keeping Up with the Kardashians’ TV show. On top of this, she also has endorsement deals, which you can imagine just like all the offer Kardashians have on a regular basis.

Today, Kris Jenner’s net worth is $90 million.

 

Caitlyn Jenner

Caitlyn Jenner's Net Worth

Net Worth: $100 Million

Caitlyn Jenner has a salary for her appearances on Keeping Up with the Kardashians and E!’s I Am Cait. Caitlyn also had businesses and wealth from her career as an Olympian.

Caitlyn Jenner’s net worth is $100 million.

 

Kim Kardashian West

Kim Kardashian Net Worth

Net Worth: $350 Million

Kim Kardashian was really where it all started for the Kardashian family. A leaked sex tape with Ray J made her notorious. Kim makes millions from Keeping Up with the Kardashians, her KKW Beauty line, endorsement deals, and business investments.

Kylie Jenner

Kylie Jenner's Net Worth

Net Worth: $300 Million

Kylie Jenner is a 20-year-old entrepreneur who has recently achieved huge success with her Kylie Cosmetics brand. She’s also a model and receives large bundles of cash appearing on Keeping Up with the Kardashians.

 

Khloe Kardashian

Khloe Kardashian's Net Worth

Net Worth: $40 million

Khloe Kardashian earns an incredible income from Keeping Up With the Kardashians. She has also was able to star in spin-off TV shows.

Khloe Kardashian’s net worth is $40 million.

 

Kourtney Kardashian

Kourtney Kardashian's Net Worth

Net Worth: $35 million

Kourtney Kardashian’s $35 million dollar fortune amounted from Keeping Up With the Kardashians and various spinoffs. Kourtney also has endorsements deals like the rest of the family, and they can amount to a lot of cash.

 

Kendall Jenner

Kendall Jenner's Net Worth

Net Worth: $30 Million

Kendall Jenner’s net worth also majorly comes from Keeping Up With the Kardashians, as well as her modeling work and endorsements. She is one of the highest paid models in the world.

Today, she is worth $30 million.

 

Rob Kardashian

Net Worth: $10 million

Rob Kardashian’s net worth is ultimately from his appearances in the Keeping Up With the Kardashians series, as well as E!’s Rob & Chyna.

 

Kanye West

Kanye West's Net Worth

Net Worth: $160 Million

Kanye West is a famous rapper/producer, and the husband of Kim Kardashian. As west is part of the family, his net worth of $160 million helps the family climb over the $1 billion dollar mark.

 

What does that all add up to?

When you combine all the family member’s net worths, we arrive at a total net worth of:

$1.015 Billion Dollars

How about that for a rich family? Who’s your favorite Kardashian/Jenner?

Dan Western is the founder of Wealthy Gorilla. Dan is a young ambitious guy who has been researching self-development for the past two years and is now off travelling the world. His mission is to inspire others to live their dreams and be the person to whom they say; "Because of you, I never gave up." Join Wealthy Gorilla on Facebook.

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Elon Musk Abandons His Plans to Take Tesla Private

Megan Turnbull

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Elon Musk Abandons Plans to Take Tesla Private

Elon Musk seems to have made a reverse on his decision to make Tesla private. The CEO of the electric car company revealed in a recent statement that investors have persuaded him not to follow up on his plans to privatize the company.

In a statement made by the unpredictable CEO, his decision to keep the company public is based on feedback from shareholders; who said they have internal rules limiting how much they can sink into a private company.

The statement also said that the business magnate met with Tesla’s board of directors on Thursday and informed them of his new decision, with the board indicating that they agree.

 

Elon Musk’s Private Dream

In an earlier event, Musk shocked the company’s board and investors when he tweeted on Aug. 7 about his intentions to take the company private.

He said in his tweet that funding was already secured for the deal; but it was later revealed by the company that talks were still only in progress with Saudi Arabia’s Public Investment Fund.

The tweet also said that the electric company would offer shares at $420. Which as of Aug. 6 closing date was higher by 23 percent.

Assuming all the shares were bought, the said deal would be around $72 billion; though Musk later said he was expecting not more than one-third of the stakeholders to agree to the buyout.

The unexpected tweet posted by Musk on his way to the airport has triggered investigations from the federal government. The U.S. Securities and Exchange Commission are reportedly probing whether Musk was deliberately attempting to manipulate stock prices.

Musk’s statement initially sent the company’s stock price soaring but it has since fallen.

In his new statement, Musk said he talked to investors and consulted investment powerhouses Goldman Sachs, Morgan Stanley and Silver Lake to carefully examine all his options:

“Given the feedback I’ve received, it’s apparent that most of Tesla’s existing shareholders believe we are better off as a public company.”

He went on to add that his belief that Suadi Arabia’s Investment fund could provide the billions of dollars necessary to take Tesla private was “reinforced during this process.”

 

What Now For Musk And Tesla?

Elon Musk may have put an end to his idea to take Tesla private, but still has a tough road ahead to meet profitability and production projections, especially as Tesla handles investigations and lawsuits stemming from his ridiculous “funding secured” tweet.

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Amazon Just Hit $1 Trillion Dollars in Market Value

Megan Turnbull

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Amazon Just Hit $1 Trillion Dollars in Market Value

Amazon Inc. on Tuesday last week surpassed the $1 trillion market capitalization for the first time in its history.

The e-commerce giant became the second U.S.-based company ever to hit that milestone a month after Apple to hit the $1 trillion market valuation.

This happened after Amazon stock price raced to $2050.77 per share. It didn’t stay there for long though, slightly receding to $2040 later. You can do the math yourself. The current number of shares of AMZN totals about 487,741,189.

If we multiply this by the stock price, we have Amazon’s total market cap. As at Tuesday when the stock price was $2050.27, the market cap became $1,000,000, resulting from multiplying its number of shares, 487,741,189 by the stock price, $2050.27.

 

What Does This Mean For Jeff Bezos’ Net worth?

The American technology entrepreneur currently has ownership of 17% of Amazon which is about 83 million shares. Now that Jeff’s company is one of the world’s most valuable, his estimated net worth is about $170 billion.

Jeff Bezos is already the richest man in the world, with Bill Gates far behind with a net worth of $91 billion. This makes Jeff just a little shy of being twice as rich as Bill Gates.

This is incredible! Especially when you consider that just about seven months ago, Jeff Bezos was estimated to have a net worth of $100 billion. In fact, about 3 years, in July 2015, his net worth was “only” $50 billion.

However, a $170 billion net worth doesn’t really change Jeff’s rankings in the list of the richest people of all time. Right now, he holds the 12th position in that list and would need around $9 billion to move above Alan Rufus who is in 11th position.

He would also need an additional $10 billion to go above Henry Ford and move into the top 10 list of the richest human beings of all time.

You should also remember that in 2018 alone, Amazon’s market capitalization has moved around $500 billion. Every single billion dollar movement adds $170 to the net worth of Jeff Bezos. If over the next 9 months, the market turns in Amazon’s favor and it increases by another $500 billion,

Jeff could be having a net worth of $255 by May 2019. This will still not get him to the top of the list, but it would be an incredible number if reached.

 

Who’s Next?

There are different ways to look at this milestone achieved by Amazon. The stock market is trading at astonishingly high prices after several sequences of success that has lasted more than 10 years.

Amazon has already joined the $1 trillion club and there are several other companies looking to jump on the bandwagon. This may push the stock price higher, hurt wage growth, or widen income inequality.

What do you think about the current state of the stock market and what it could be in the next 12 months?

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Apple’s Next iPhone X Release Could Be The Biggest One Ever

Megan Turnbull

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Apple's Next Iphone X Release Could Be the Biggest One Ever

We are in that period again when rumors and news about Apple begin to pop up in every corner of the internet. Even though there has been no official confirmation yet; there is news everywhere that the next iPhone X release could be the biggest one since the start of the iPhone X series.

The $1 trillion company plans to unveil three new versions of the iPhone X soon, according to Bloomberg. The new devices will boast a wider range of prices, sizes, and features that are not present in previous versions.

Bloomberg reported that two of the new devices will be “high-end” X models. It is expected that these two iPhone X’s will feature 6.5-inch displays which will make them the largest ever.

This anticipated release can be compared with the new Samsung device; Galaxy Note 9 which has a 6.4-inch display.

If the rumors are true, then the new iPhone X’s will take the position for the largest phone screen. The new X models will also feature an all-glass back finish with stainless steel edges. There will also be an upgrade on the cameras and they will have dual cameras at the back.

 

More Expectations For Apple’s 2018 iPhone X Lineup

The cameras are not the only features getting upgrades, the inside of the phones will too. The Bloomberg report also suggested that there be an increase in the processing speed of the new models.

One feature that would be really cool, if confirmed by Apple; is the ability to run apps and other content side-by-side.

One of the three new models will also be seen as a replacement for iPhone 8. In terms of price, the said iPhone will be cheaper than the earlier described high-end versions. It will be available in a variety of colors and will possess a 6.1-inch display.

We are not sure exactly what those colors will be but the current version of the iPhone X come in Silver and Space Gray with a 5.8-inch display. However, this model will have an aluminum edge finish and not the stainless steel casing as expected in the other two.

Apple isn’t stopping there, though. Bloomberg said that all the new X models will have a Face ID feature and a gesture-based interface system. The two larger and more expensive versions could also have two SIM card slots.

 

Here Is When Apple’s Next iPhone Will Likely Launch

Apple’s annual unveiling event comes up every September. With August already over, we can expect the announcement anytime soon. If the company’s previous product unveilings are anything to go by, we should look forward to seeing the much-anticipated news in the next few weeks.

Apple recently became a $1 trillion company and has always been the expert when it comes to releasing appealing products to customers. So we can almost certainly expect some high-tech features that have never appeared anywhere else.

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