Kim Kardashian has lost out on nearly $4 million in earnings since imposing a social media blackout last month, according to a new report this week.
The social media blackout — a response to being robbed last month in Paris — has cost the socialite $3.6 million already, the New York Post estimated on Sunday. Those calculations were based off a Forbes estimate of Kim Kardashian’s 2016 earnings thus far, the article explained.
That total can continue to climb as the social media icon makes a reported $300,000 per sponsored post. The article calculated that Kim Kardashian had posted at least one sponsored message each week prior to October, meaning her total could eclipse $4.5 million by the end of November. That amount is a relatively small figure for Kim Kardashian, celebrity financial adviser Samuel Rad explained.
“Her income is already affected, but I don’t think she cares because she’s got a lot of money and that’s one of the advantages of being a celebrity — she isn’t relying on this income to live off it. She’s got plenty of other investments and assets generating her income on a monthly or annual basis.”
Those assets include her TV series Keeping Up with the Kardashians, a property currently under contract for $80-100 million over a four-year period. Individually, Kim Kardashian also has the Kimoji app, a merchandise store, a subscription-based lifestyle app, and her online game.
Estimates for Kim Kardashian’s online game suggest this product alone made over $100 million since its February, 2014, launch. Ironically, her last tweet prior to the self-imposed social media blackout (seen above) was to promote a new character for her game.
While attending the Paris Fashion Week festivities, Kim Kardashian was held at gunpoint by five men. The robbers took an estimated $11 million in jewelry from the reality TV star, who was bound and gagged during the robbery.
Included in the heist was a $4.5 million diamond ring that officials believe will be impossible to recover as the thieves can cut up the diamond for resell. Just prior to the theft, Kim Kardashian has posted a picture of the massive ring to Twitter.
Kim Kardashian imposed the social media blackout after discussions with law enforcement officials, New York Magazine reported following the robbery. Being open about her life and her wealth made Kim Kardashian an easy target, according to an unnamed sources close to the reality TV star.
“She realizes she was living in a bubble doing what she was doing. She loved flaunting her wealth and being so public. She felt safe and never really thought about her vulnerability. Now she knows she was so naive. Everything has to change going forward.”
Indeed, Kim Kardashian made changes beyond implementing a social media blackout. Despite not blaming her security detail team for the robbery in Paris, Kim Kardashian decided to make a change, according to Fox News.
“Kim 100 percent does not blame Pascal [Duvier, her former body guard]. Kim put Pascal with [sister] Kourtney that night… He was let go because they are bringing on an entirely new team.”
The reports that Kim Kardashian held no ill will toward her former bodyguard appear true as Pascal Duvier quickly landed a new gig, TMZ reported. Gal pal Fergie scooped up the former Kardashian security team member as he was seen at the “Glamorous” singer’s shoot for her new music video.
The first photos of Kim Kardashian's costume this year???????? pic.twitter.com/JmjipST6ZX— Kardashian Reactions (@KardashianReact) November 13, 2016
Kim Kardashian did finally break her silence online this week with posts on her paid app and web site. The actress shared pictures of her family dressed for Halloween in Aladdin-themed costumes, the Huffington Post reported.
What do you think about Kim Kardashian losing millions since her social media blackout in response to her Paris robbery? Leave your thoughts in the comment section below.
[Featured Image by Pascal Le Segretain/Getty Images]