North West, the eldest daughter of Kanye West and Kim Kardashian, is only 7 years old and already a multimillionaire.

The young model and social media personality has an estimated net worth of $ 10 million, according to the United States Sun. Even if the sources say As North’s wealth is owed to a trust fund, her parents are already preparing her for fame and fortune. At just four years old, she made her first interview appearance alongside her mother.

Kanye West and Kim Kardashian position their children to have a lifetime of wealth and opportunity by leading by example. In April 2021, Kim secured a spot on Forbes’ list of global billionaires. Forbes estimates that Kim’s net worth has skyrocketed to $ 1 billion thanks to his KKW Beauty and Skims business. She also receives money from sponsorship, reality TV and investment deals.

Last year, Forbes announced that Kanye West was officially a billionaire. The music mogul has dominated the fashion industry with his famous sneaker brand, Yeezy. This is the main reason he amassed a billion dollar fortune. In March, Kanye released his new Yeezy’s. The shoes sold out in 60 seconds.

North West is one of America’s richest children

North isn’t the only child in his family with an eight-figure net worth.

North’s cousin, True Thompson, is also listed as one of America’s richest kids. She has an estimated net worth of $ 10 million. True is the daughter of reality TV star Khloe Kardashian and NBA player Tristan Thomas.

The Kardashians have been getting richer for years, creating trust funds to ensure the long-term financial security of their heirs. Sources say Khloe Kardashian’s mother Kris Jenner forced Tristan to put $ 10 million in a trust fund for True, Hollywood life reported. A trust can be a tax-efficient way to transfer wealth to the next generation.

North and True may never have to worry about working in their lifetimes. Their family is full of millionaires and their billionaire status increases every day. Even Aunt Kylie Jenner is breaking records with her wealth status. She has had phenomenal success with her brand Kylie Cosmetics. In 2019, Forbes named Kylie, then 21, the the youngest self-made billionaire in the world.