The Kardashians are more than just socialites and reality stars. They’re a family building a business empire, and Emma Grede is one of their leading partners. She co-founded Skims with Kim Kardashian and Good American with Khloé. Furthermore, she is a frequent guest on Shark Tank and will be a guest on Dragons’ Den. According to Forbes, Emma Grede has a net worth of $320 million.
Early Life
On September 23, 1982, Emma was born to an English mother and a Jamaican-Trinidadian father. She grew up in East London, England, with her three younger siblings: Katie, Rachelle, and Charlotte.
They were all raised in Plaistow by their mom, who was employed at the multinational investment firm Morgan Stanley. Because of this, Grede was introduced to finance at a young age.
Emma went to the London College of Fashion to study business. However, she left the institution and never returned after landing an internship with Gucci.
Career Beginnings
After completing her work as an intern, Emma became a fashion show producer at Inca Productions. In 2008, she started a talent and media management company called Independent Talent Brand.
As a result, Grede developed a strong network with stars in the entertainment industry. It was in 2015 that she was first introduced to the Kardashian family. Grede told Kris Jenner that she had a business idea for a denim company and wanted to work with Khloé Kardashian.
Kris presented Emma to Khloé, and they co-founded Good American in 2016, endorsing body positivity with their clothing company. They started with denim jeans but later expanded to all sorts of apparel.
Further Success
In 2018, Independent Talent Brand was bought by public relations agency Rogers & Cowan. Grede consequently left her position as CEO of the firm. Then, she launched other business ventures.
She partnered with her husband, Jens Grede, and Kim Kardashian in 2019 to start a shapewear company called Skims. Jens and Emma also co-founded the Frame denim line and worked with iconic football player Tom Brady to create the clothing brand BRADY.
Later on, she worked with Chrissy Teigen and Kris Jenner to start a cleaning product provider, Safely. Emma Grede became a recurring guest investor on Shark Tank in season 13 of the show. In June 2023, it was announced that Emma will be a guest on the UK’s Dragons’ Den in 2024.
Net Worth and Earnings
According to Forbes, most of Grede’s personal wealth comes from her 8% share in Skims. It was valued at $4 billion as of July 2023 and is expected to make $750 million in revenue in 2023. Plus, there is her 23% stake in Good American and 22% in Safely.
Her smaller valued investments are in BRADY and Frame, but she still gets a lot of profit from these businesses. She also serves as the head of the 15 Percent Pledge, a campaign dedicated to black-owned companies. Emma Grede’s net worth is sitting at $320 million.
Personal Life
Emma and her Swedish husband Jens Grede got married in 2008, and they have been business partners ever since. They are currently raising four kids: Lola, Grey, and twins named Rafferty and Lake. The family lives in a luxurious property in Bel Air, California.