Kim Kardashian Keeps 90% Money Raised On Her Charity eBay Auctions
January 13, 2012 by Hollywoodite
Kim Kardashian reportedly, routinely keeps 90% of the money raised on her eBay charity auctions.
This report comes from Fox’s Pop Tarts, who note that 10% is the minimum donation and is listed as such on the auction page. Moreover, Kardashian admits donating such a small percentage on her site, drawing the ire of fans: “very nice love the shoes you should give 100% to the charity.I do ALL THE TIME it makes me feel so good,” one reader commented on her blog. Another wrote, “i saw 10% and i was like are you kidding me?!? it’s a joke. i sell MY stuff on ebay and give 100% to charity and i’m a struggling college student, not a millionaire. come on kim.”
Pop Tarts admit that some other celebrities also keep high percentages and profit from their charity auctions. Also, Kardashian and her sisters have made substantial out-of-pocket donations too, over the years. Which, frankly, doesn’t change the fact she’d keep 99% of the money, if she could. She would, honestly.
Kim, who has an estimated net worth of $35 million, has been auctioning off her personal goodies via eBay Giving Works for several years, even before she was a well-known reality star. Her auctions are promoted with the tagline Charity Auction Supporting the Dream Foundation.
“My dad passed away from cancer so the funds go towards granting wishes for terminally ill adults,” Kardashian told Pop Tarts regarding one of her auctions back in 2009.
Last week Kim and her famous family had several items up for grabs: a $960 Herve Leger dress, the robe she wore on Dancing With the Stars hovering at around $120, and Christian Louboutin Nude Patent Platform Pumps that had broken the $500 barrier. Some items were even listed as “new with tags,” like a Rock Stella & Jamie Cropped Faux Fur Vest for $120, and a “new with defects” Balenciaga White Leather Peep-toe Platform Heels for around $16.
So how much of the proceeds from these sales will go to Kim’s charity: Ten percent, the minimum required by eBay’s Giving Works arm.
The percentage is stated below each auction item, and Kardashian acknowledged the 10 percent figure while promoting the event on her blog.
Kardashian has given more on some occasions. She put herself up for auction last year, offering the opportunity to attend her Las Vegas birthday bash, in which the “winner and guest will get to skip the line and be escorted in to the VIP room where they will get 5 minutes to wish Kim a happy birthday, take photos, and have up to 2 items signed.” The starting bid was $5,000 and it was listed that “25 percent of the sale price will benefit the Dream Foundation.” – via Fox News’ Pop Tarts.