After months of rumors that their relationship is on the rocks, speculation has heated up this week that ne of the world’s most famous—and richest—couples, Kim Kardashian and Kanye West, are now set to end their six years marriage.
A representative for the reality star confirmed the new development to TMZ, saying the divorce is “amicable,” and that Kardashian is asking for joint legal and physical custody of the couple’s four kids, which West is “fine” with the joint custody arrangement.
A court clerk also confirmed the news, according to CNN.
The couple, who both went public with their relationship in April 2012, got married in May 2014. They share four children together, North West, 7, Saint West, 5, Chicago West, 3, and Psalm West, 20 months.
The couple has been living separately with Kim living in Calabasas, California with the kids while Kanye lives in Wyoming.
With a combined net worth of $2.1 billion there’s plenty of wealth to haggle over, but how much will really be in play if they split?
It is expected that although the Kardashians are known for drama, dividing the wealth may be surprisingly easy as the couple may have a prenup. Additionally, the couple’s biggest assets are independently owned and operated businesses, and they have separate income streams since their 2014 nuptials.
Things get more complicated when it comes to their shared real estate and toys—including their Calabasas mansion, with an estimated $30,000 bathroom sink—though those make up less than 5% of their collective assets.
Here’s a look at what each member of the Kardashian-West union would likely walk away with, should they part ways—and which assets they might fight over:
Kanye West: $1.26 billion
West is the richer of the pair, but much of his net worth is tied up in his illiquid apparel company.
Yeezy: $1.26 billion
The crown jewel of his fortune, West owns 100% of his shoe brand, which is known for its chunky sneakers that cost upwards of $200 a pair. The company’s value is bound to Adidas, which manufactures, markets and distributes the shoes. In a model similar to a royalty stream, West collects about 11% of Yeezy’s annual revenue, which was about $1.3 billion in 2019. Using a conservative multiple, Forbes estimated in April 2020 that the brand is worth $1.26 billion
Kim Kardashian West: $750 million
Kardashian West might have less than her husband, but her fortune is much more liquid—and less dependent on the trendiness of her brand and the whims of consumers.
KKW Beauty: $500 million
Similar to West, the bulk of Kardashian’s fortune sits in a brand with her name on it. Forbes estimated in October that West’s 72% stake in her cosmetics company KKW Beauty is worth about $500 million.
Cash and other investments: $250 million
Kardashian earned millions from 13 years of starring on Keeping Up With the Kardashians, her mobile app Kim Kardashian: Hollywood and various modeling and endorsement gigs. But her biggest payday came when she sold 20% of KKW Beauty to cosmetics giant Coty for $200 million in cash last year.
What that leaves: $70 million
The pair owns a number of homes—and have a number of mortgages—together, including a Calabasas mansion in Los Angeles county, Miami condo and two ranches in Wyoming. According to documents West sent Forbes last year, there’s also $5 million in art, nearly $4 million in vehicles, $3.2 million in jewelry and even $300,000 worth of livestock that could be co-owned by the couple. Who gets what will be dependent on the terms of their prenup (if indeed they have one) and whatever settlement their lawyers can negotiate. What we can say with certainty: Neither party would walk away wanting for much.
Please,Kardashian family,I beseech on behalf of Kanye West,that the filed for divorce after nearly six years of marriage isn’t the best for the family,the kids are the hero of the future,let the two stick to their homes.Please counsellors and advisors help out to ensure that they don’t divorce.she has been a good wife,He still loves her very much and vice versa.If they dirvoce, generation history won’t be good.It will Positively affecting the mind, confidence of Kanye all hopes, please Kim, we your fan pleaded that you should stop the dirvoce filed.We love you. Keeping up with kardashians