Martha Stewart Reveals How She Made a Jaw-Dropping $65 Million in Royalties
The lifestyle mogul says a Kmart partnership and brand deal once brought in $65 million a year before a difficult period erased $1 billion.
- Lifestyle mogul Martha Stewart revealed she once earned $65 million annually in royalties from her Kmart partnership, which involved selling nearly $2 billion worth of merchandise.
- Stewart signed the Kmart deal in the 1980s, crediting her then-husband, Andrew Stewart, for helping negotiate the arrangement that became her first major financial breakthrough.
- Before the Kmart contract, Stewart grossed slightly more than $1 million running a catering business, though she noted royalty rates have since dropped to three percent of wholesale.
- Stewart claimed she "lost about a billion dollars" during her early 2000s legal troubles, with legal fees contributing significantly to the financial strain.
- Now 85, Stewart maintains her appearance through facial exercises and peptides while avoiding plastic surgery, continuing to reflect on her decades-long career evolution.
12 Articles
12 Articles
Martha Stewart Reveals Shocking $65 Million Annual Royalties From 'First Big Money' Deal in Candid Confession About Her 'Very Lucrative' Projects
Martha Stewart opened up about her decades-long career and her success in an interview with MasterClass' David Rogier.
How Martha Stewart Bagged Her 'First Big Money' On The Pathway To Other 'Valuable' Deals
Martha Stewart is spilling the tea on how she became a household name. The established businesswoman gave a glimpse into […] The How Martha Stewart Bagged Her ‘First Big Money’ On The Pathway To Other ‘Valuable’ Deals first appeared on The Blast
Martha Stewart Reveals the Jaw-Dropping Fortune She Made From Kmart
Martha Stewart once made an astonishing $65 million a year from Kmart. The deal became her first major financial breakthrough and helped bankroll the lifestyle empire that followed. The 85-year-old businesswoman recently opened up about those earnings while revisiting the deals that made her wealthy. Her Kmart royalties alone were enough to leave a podcast […]
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