Bitcoin Holder Kim Kardashian Joins Forbes List of Billionaires

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Wed, 04/07/2021 - 09:59
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Yuri Molchan
Forbes has announced media celebrity and Bitcoin holder Kim Kardashian a billionaire, putting her in the same rank as Elon Musk and Jeff Bezos
Bitcoin Holder Kim Kardashian Joins Forbes List of Billionaires
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According to a CNN story, Kim Kardashian West has been put on the annual Forbes "World's Billionaire List" for the first time.

Kim Kardashian West is a Bitcoin holder and, until 2019, was married to a Bitcoin supporter, U.S. rapper Kanye West.

Family of Bitcoiners falls apart

Kim Kardashian received her first Bitcoin back in 2018 as a gift from Matthew Roszak, an American billionaire and venture capitalist at the Charity Poker Tournament set up by City of Hope.

Back then, Bitcoin traded at approximately $8,000.

Her husband at that time, Kanye West, is also a Bitcoin supporter. When he took part in the U.S. presidential race, along with crypto supporter John McAfee last year, he stated that crypto and Bitcoin could be "the true liberation of America."

Kim filed for divorce from Kanye West in February 2019 after six years of marriage.

Since Bitcoin is considered property during a divorce, it was a question back then as to who would get it: the socialite or the popular rapper?

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Bitcoin Hits $71,000 in South Korea as “Kimchi Premium” Goes Through the Roof

Kim Kardashian is officially a billionaire

As mentioned above, on April 6, Forbes magazine for the first time added Kardashian West to its list of billionaires. Her change is status is due, according to Forbes, to the income she has been making from her prospering business, KKW Beauty and Skims, as well as profits from her TV show and endorsement contracts.

Bitcoin hits $60,000 but loses over $2,000

After trading for a week in the $52,000-$57,000 range, on April 2, the world's flagship cryptocurrency surged to break above the $60,000 level. This was on the same day that Ethereum recovered $2,000 and then surged to a new all-time high above that mark.

Prior to that, on March 18, BTC rallied to the $61,800 area. However, as of press time, the king crypto is trading at the $57,697 level, as per CoinMarketCap.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.

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