Kris Jenner is the most famous momager in the world, but she didn’t always have a good sense of money management. During an interview with WSJ. Magazine, a Keeping up with the Kardashians the matriarch said she did not know about finance while she was married to her first husband, famous lawyer Robert Kardashian.
“One day, my friend Shelli Azoff told me when I was going through my divorce [from Robert], ‘How much is your gardener?’ And I said, ‘I don’t know’. And she said, ‘Don’t you know?’ That was the turning point for me: I was ashamed of not knowing “, remembers Kris in the last digital cover story.
Kris met Robert when she was 17 and married him four years later. They had four (very famous) children: Kourtney, Kim, Khloé and Rob Kardashian. The couple divorced in 1991.
“I woke up one day with responsibilities that I didn’t have the day before. And I needed to find out. And the good news is that I pay attention … I learn fast and I knew I needed to understand. Together,” Kris continues. “And I felt a tremendous sense of accomplishment for being able to settle everything and pay my own bills and earn my own money and do my own taxes. And there were times when I didn’t have a lot of money, but I was very organized.”
Kris added, “I’m interested in the different ways people make money – and what’s going on around the world. And I’m interested in different businesses and how they evolve and how they become successful … I just like the world. business. “
The multi-million dollar reality star is a quick study indeed. According to Forbes, she has an estimated net worth of $ 190 million. Kris plays a role in all of her children’s sponsorship deals, getting her usual 10 percent cut – like when Coty paid $ 600 million in 2019 for a 51 percent stake in Kylie Jenner’s brand, Kylie Cosmetics. It also facilitated Coty’s $ 200 million purchase of a 20 percent stake in the Kim Kardashian West cosmetics line, KKW Beauty.
According to Ryan Seacrest, the co-creator of KUWTK, Kris can do well in the boardroom with the best of them.
“She is one of the best negotiators I have ever seen. And I sat down with the Merv Griffins and Dick Clarks in the world and saw them negotiate deals, watched them on television and be the most pleasant, friendly and wonderful host and then , sit at the table at the Beverly Hills Hotel and be a tough negotiator, “says Seacrest WSJ. Magazine. “She has these two qualities, which is rare.”
THE Live with Kelly and Ryan The hostess adds that she has respect across the industry.
“I think the people in the entertainment business, the people in Hollywood, the people who make products that fit the family for marketing, realize that she is an incredible driver behind it all,” he adds. “They realize, in fact, the power it has.”
WSJ. MagazineThe digital cover story with Kris Jenner will be released on Tuesday.
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