Kanye West’s Skims stake soars to $250 million after $5 billion valuation
Kanye West’s 5 percent stake in Skims climbs to $250 million after the brand hits a $5 billion valuation.
Skims
Skims, linked to Emma Grede, one of America’s richest Black women, hits $5 billion
Skims, co-founded by Emma Grede, hit a $5-billion valuation after raising $225 million to boost global expansion and new stores.
Skims, $4-billion shapewear company linked to Kanye West, weighs IPO in 2024
Co-founded by Kanye West’s ex-wife, Kim Kardashian, the shapewear company is considering future pathways for growth and expansion.
7 companies owned by Kanye West
Despite his setback in 2022, when Adidas severed ties with his Yeezy brand, West remains a top figure among the global Black elite.
Black entrepreneur Emma Grede’s stake in shapewear company, Skims, surges to $320 million
Beyond her successful venture with Skims, Grede is also making waves in the retail industry through Good American.
Kanye West’s stake in Kim Kardashian’s shapewear line hits $200 million
West’s stake in Skims is now worth $200 million, a $40-million increase from its value of $160 million at the start of the year.
Skims linked to Emma Grede, one of America’s richest Black women, soars to $4-billion valuation
The company, co-founded by Kim Kardashian and Grede in 2019, has witnessed a meteoric rise due to its emphasis on inclusivity and body positivity.