Skims Co-Founder Emma Grede Builds $70 Million Property Empire

The Kardashian brand guru's real estate portfolio includes a $24 million Bel-Air mansion and a $45 million Malibu beach house.

Apr. 19, 2026 at 8:24pm

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A photorealistic studio still-life photograph featuring a polished, geometric glass sculpture in the shape of a house, resting on a clean, monochromatic background and dramatically lit to represent the abstract concept of real estate investment and the Kardashian-adjacent business empire.Emma Grede's real estate investments reflect the immense wealth and business success she has achieved through her Kardashian-Jenner collaborations.Los Angeles Today

Emma Grede, the co-founder of Kim Kardashian's $5 billion fashion brand Skims and Khloe Kardashian's denim label Good American, has amassed a personal net worth of $405 million. Despite her busy career, Grede and her husband Jens have built an impressive $70 million property portfolio, including a $24 million Bel-Air estate and a $45 million Malibu beachfront home previously owned by Brad Pitt and Ellen DeGeneres.

Why it matters

Grede's real estate investments highlight the immense wealth and business success she has achieved through her collaborations with the Kardashian-Jenner family. Her property portfolio reflects the growing influence of non-entertainment industry figures in the Los Angeles luxury real estate market.

The details

Grede, 43, and her husband Jens purchased their primary $24 million residence in Bel-Air in 2020, relocating from London to be closer to their business ventures. The 1937 Paul Revere Williams-designed estate features seven bedrooms, 12 bathrooms, and ample entertaining spaces. Two years later, the couple bought a $45 million Malibu beachfront home that was previously owned by Brad Pitt and Ellen DeGeneres. The midcentury modern dwelling offers five bedrooms and three bathrooms with stunning ocean views.

  • Grede and her husband purchased their $24 million Bel-Air home in 2020.
  • The couple bought their $45 million Malibu beach house in 2022.

The players

Emma Grede

The co-founder of Skims, Khloe Kardashian's Good American denim brand, and Kris Jenner's cleaning brand Safely. Grede has a personal net worth of $405 million.

Jens Grede

Emma Grede's husband and a fashion brand founder who collaborated with her on the Skims and Good American launches.

Brad Pitt

The A-list actor who previously owned the Malibu beach house that the Gredes purchased.

Ellen DeGeneres

The entertainer who owned the Malibu beach house after Brad Pitt and before the Gredes purchased it.

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What they’re saying

“A house is to be lived in. I never like anything to be too precious. Different parts of the house serve different ideas. Emma feels the same way. If we have a party, we open up the doors of the living room, and it's slightly more formal. But we've had our kids' birthday parties here and pool parties here. It's made for a lot of people to be here and for entertaining, and we use it well.”

— Jens Grede, Emma Grede's husband

“It was the light. When we saw this view, it was exactly what we had in mind for paradise.”

— Jens Grede, Emma Grede's husband

“Here you can see into every room, every window looks onto the lawn. I can hear all the kids because we're all so together.”

— Emma Grede

The takeaway

Emma Grede's impressive real estate portfolio, including a $24 million Bel-Air mansion and a $45 million Malibu beach house, reflects the immense wealth and business success she has achieved through her collaborations with the Kardashian-Jenner family. Her investments highlight the growing influence of non-entertainment industry figures in the Los Angeles luxury real estate market.