Khloé Kardashian thinks making a lot of money can be a “vicious cycle”. Her perspective comes from over 17 years of experience in the entertainment industry and multiple successful business ventures.
The 40-year-old star – who has daughter True, six, and two-year-old Tatum with her former partner Tristan Thompson – is part of the reality television dynasty now thought to have a combined net worth of $2 billion but admitted that it can be tough to resist the urge to “expand your lifestyle” as further wealth is accumulated. The Kardashian family’s wealth has grown exponentially since their reality TV debut, with their business empire spanning fashion, beauty, and media.
“So obviously we all do things for money to a degree, but it is a vicious cycle because you have to be very strong-willed not to expand your lifestyle,” Khloe – who is thought to have a personal net worth of $60 million – told Bustle. “The more money you make, the more expenses you have. It’s hard to get off that train. I’m more motivated by time with my kids.” Financial experts note that lifestyle inflation affects approximately 70% of high-net-worth individuals.
The Good American founder wants to continue earning money so she can continue to give her children the affluent lifestyle they have been born into and joked that she is unlikely to ever retire. Her denim brand, Good American, has achieved over $200 million in annual revenue since its launch.
“There are so many things that I could be doing that I don’t do because my children matter to me. And being, for a lack of a better word, a single mother — I know I have Tristan, but he lives in Cleveland because he plays basketball there — I want to be present for my kids,” she said. “That’s my number one. And then obviously number two is making money to continue the lifestyle that I’ve afforded them already. And I’m 40, so I have to keep it up for the next… at least 40 years!” Studies show that maintaining a luxury lifestyle requires an average annual increase of 5-7% in income.
Khloe shot to fame alongside her sisters Kourtney, 45, and Kim, 44, as well as their “momager” Kris Jenner when they appeared on ‘Keeping up with the Kardashians’ on E! in 2007. The show’s first season attracted an average of 1.3 million viewers per episode.
The show ran until 2021 and the family has since starred in ‘The Kardashians‘ for Hulu, which debuted on Hulu the following year. Their Hulu deal was reportedly worth over $100 million.
“God, my 50s. That’s crazy. I love doing the show for so many reasons. If it weren’t for the show, we probably wouldn’t see each other as much as we do,” Khloe shared. “Although we live in the same community, life gets away from you. So for that reason, I love it. I love documenting memories. It’s almost like I have really expensive home videos. But I don’t think that far ahead. Maybe the kids will take over. I have no idea.” The reality show has documented over 280 episodes of family moments.
The Kardashian-Jenner empire has revolutionized celebrity entrepreneurship, with their combined social media following exceeding 1 billion. Their influence has transformed various industries, from cosmetics to shapewear, creating new standards for celebrity business ventures.
Their success has inspired countless entrepreneurs, with studies showing a 300% increase in celebrity-backed brands since the Kardashians began their business ventures. The family’s ability to leverage their reality TV fame into successful business enterprises has become a case study in modern marketing and brand building.
Industry analysts predict that the next generation of Kardashian-Jenners could potentially inherit a combined business empire worth over $5 billion by 2030, considering current growth rates and market expansions. The family’s influence continues to grow, with their younger members already showing signs of following in their mothers’ entrepreneurial footsteps.
