Kim Kardashian’s Skims is now worth a whopping $5 billion as the fast-growing lingerie firm raises cash to expand its retail footprint worldwide.

The underwear and shapewear company raised $225 million in its latest fundraising round – hiking its valuation up from $4 billion just two years ago, according to the New York Times .

The apparel firm – founded by Kardashian and Jens Grede in 2019 – is expected to rake in more than $1 billion in sales this year as it expands beyond its lingerie roots, now selling clothing and accessories.

Those include wacky, headline-grabbing items, like thongs adorned with fake pubic hair , bras with built-in false nipples and facial shapewear.

It plans to use the funding to open new stores, especially international locations.

“Today’s announcement val

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