Part of the allure of the celeb world is all the glitter and gold that comes with being a spectator of the lifestyles of the rich and famous. The Kardashian-Jenner tribe have solidified their status in the world as one of the globe’s wealthiest families. Viewers have seen the rise and the evolution of the popular family in the long-running series Keeping Up With the Kardashians. Although they haven’t exactly started from humble beginnings, they are now worth over $1 billion combined.
Some might be wondering with all of that accrued generational wealth, what is going to be left to the next generation of kids?
Take North West for example. North is the oldest child of power couple rapper/multihyphenate Kanye West and reality star/businesswoman Kim Kardashian West. She is also reportedly slated to 10Ms in her trust fund to claim by the time she turns 21. The famous celeb couple are ensuring that they spread the wealth to their future and, if North decides, she can very well live life on easy street.
North was born into a life of luxury as the daughter of rapper-reality star royalty in June 2013. Much like children of stars before her, North was set to live a gilded life. Unlike North became a household name in her own right. For example, before she could walk, she appeared in magazine spreads.
As far as net worth goes, North’s mother Kim has an estimated worth of $350 million, making her the second-wealthiest of her siblings. Her father Kanye is worth an estimated $240 million.
As a family, they reside in a home worth $20 million in Hidden Hills, California. In addition to a salon and a movie theater, the mansion also features two stories just for North to play on along with siblings Saint, Chicago, and Psalm.
The 6-year-old is already enjoying the fruits of her parents’ labor. The tot is already taking after her mom with her interest in beauty and fashion. She also takes after her parents’ champagne tastes and is the proud owner of designer clothes and handbags.
According to HollywoodLife.com, Kim and Kanye had a trust fund set up for their daughter since she was a baby.
A source told the outlet, “He and Kim already put $5 million each into an account for her that she can have free and clear when she turns 21. He wants her to always live the life she’s going to be accustomed to. That’s just spending money for her when she reaches 21. They got a whole lot more set up for her in case something were to happen to both he or Kim.”
The insider added that West is “living like a king and he wants the same for Nori.”
Whlie it hasn’t been revealed whether or not the Wests have set up trust funds for their other three children, it’s definitely safe to assume that their other children will have similar trust funds set up in their names.
The Wests are moving through the world a lot differently than other celebs who have discussed not wanting their kids to inherit large sums of money they didn’t earn. Ashton Kutcher, Simon Cowell, and Sting are a few who have come forward to express the fact that they want their children to earn a living for themselves.