Was Khloe Kardashians Net Worth Negatively Affected By Her Good American Lawsuit?

Highlights

• Khloe Kardashian's prime net worth makes it unlikely that a lawsuit towards her corporate, Good American, would significantly have an effect on her finances.
• Good American was concerned about a lawsuit in February 2023, where a model claimed she was paid later than she will have to were.
• Despite the lawsuit, Good American has been successful, with gross sales totaling $two hundred million in 2022, and Khloe Kardashian continues to make a lot of money from the emblem.

While Khloe Kardashian might no longer have the easiest net worth of the Kardashian-Jenners, she nonetheless has a wild amount of money. This money has allowed her to make some large strikes, together with co-founding a denim emblem in conjunction with Emma Greene. While fanatics marvel if Khloe does a lot for Good American, she talks concerning the company on a regular basis and turns out to really feel good about everything that they have accomplished.

Good American sells quite a lot of sizes and has been praised for its belief that everybody will have to have frame self belief. However, Good American was sued previous in 2023, and that might have negatively impacted Khloe Kardashian's budget. Here's the whole lot to find out about this lawsuit.

Did Khloe Kardashian Lose Money After Good American Was Sued?

Given the truth that Khloe Kardashian has a $60 million net worth, in step with Celebrity Net Worth, it does not appear most probably that any lawsuit in opposition to her corporate would have an effect on her monetary state of affairs all that much. Khloe definitely has enough cash within the financial institution.

According to The Daily Mail, Good American was interested in a lawsuit in February 2023. Jourdan Whitehead, a model, sued Good American and said that she was paid later than she should had been.

Whitehead wanted Good American to cover any fees related to the lawsuit, including what her attorney charged. The Blast shared details associated with the lawsuit's legit documents. Whitehead said she was "entitled to an award of penalties in the amount of $105,000.00, which is [her] daily rate multiplied by 30 days."

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Details of Jourdan Whitehead's Lawsuit (consistent with The Blast)

• modeling task happened November 17th 2021
• mentioned must were given $3,500 on December tenth 2021 at the latest
• mentioned she was paid March eleventh 2022

According to The Blast, Whitehead said that Good American had to pay her $105,000 as it was "her daily rate multiplied by 30 days." This is on account of the Labor Code:

"Labor Code section 203 provides that upon an employer’s failure to make timely payment of wages, the employee’s wages shall continue as a penalty until paid or for a period of up to 30 days from the time the wages came due, whichever period is due."

It's unclear what took place after this. There isn't any information about whether Khloe Kardashian settled the lawsuit. It's conceivable that if Good American did settle and pay Whitehead the cash that she was soliciting for, it could be kept out of the news.

Khloe doesn't appear to have commented in this Good American lawsuit.

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However, Good American has been a hit for a number of years now, and it is transparent that the superstar has been making good cash ever since. According to Forbes, the brand has made money from the beginning. When Good American started in 2016, the sales totaled $1 million on day one.

Good American's Other Lawsuit (According to the Daily Mail):

• In 2020, dbleudazzled sued for $10 million
• stated the bodysuits that were "bedazzled" copied the emblem
• In 2021, a agreement was reached

Emma Grede and Khloe Kardashian have been featured on the quilt of Entrepreneur Magazine in May/June 2023. The e-newsletter shared that their gross sales totaled $two hundred million for 2022. While they must split the income since they co-founded the brand, Khloe must nonetheless be taking house a lot of money.

How Successful Is Khloe Kardashian's Brand Good American Today?

Good American has been around since 2016 and continues to be going robust. In 2022, Revolve began selling Good American, which was a thrilling second for the corporate.

Khloe Kardashian was interviewed by Bustle and defined the purpose behind Good American. She mentioned, "At our core, the desire is to make fashion as inclusive as possible and for women to feel empowered and represented. Fashion sometimes gets really intimidating, and people feel that they can’t venture out into certain things, because they were only shown certain silhouettes or styles."

Khloe continued, "I’ve been on both sides of it — where I have felt really insecure because of what a boutique was, like, allowing me to wear because they wouldn’t go up to a certain size. I felt like it wasn’t expected for me to wear certain things."

In the Autumn months of 2022, Good American began promoting the Pop Off Pink collection. In an interview with Elle magazine, Khloe replied a question about "Barbiecore" clothing gaining popularity. She stated that she is a huge fan of the colour purple and wanted there to be "variety" since other folks don't continuously associate Autumn clothes with pink.

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In her interview with Elle, Khloe Kardashian discussed that the emblem does spend a large number of cash on the web page. She also stated that it's not affordable to focus on making sure that every size is represented.

Khloe said:

"We don’t sell to retail stores unless they’re going to carry the full size range. That does financially hinder us a lot because not every department store has the budget to do that; I get having a buying budget, and I respect that, but we want everyone who buys Good American to feel included, respected, and seen. Even on our website—which takes a lot more time and money—but on our website, we showcase every item on three different body types."

Khloe Kardashian and Emma Grede each appear to in reality consider in their Good American emblem, and it kind of feels like the corporate remains to be a huge luck. While fanatics by no means wish to listen that a favourite superstar or corporate is eager about a lawsuit, it does not seem to have impacted Khloe's net worth in any respect.

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