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Kate Hudson is giving away $5k to make your dream kitchen a reality, but how much is the star worth?

The 'Almost Famous' star explained how her followers can enter the draw
UPDATED MAY 16, 2020
Kate Hudson (Getty Images)
Kate Hudson (Getty Images)

Kate Hudson wants to make your dream kitchen a reality. The 41-year-old took to Instagram on Friday to announce a giveaway for a free kitchen upgrade with would cost "approximately $5,000". "GIVEAWAY," she wrote in her caption. "I want to make your dream kitchen a reality!"

"We’re spending more time than ever in the kitchen these days. Our family congregates here. We break bread. We make memories. We cook with love," she added. "It’s one of my favourite places in my home and I’m sure you’re right there with me. @fabletics We know it’s been a challenging year so far, so we’re giving away $5K towards a kitchen upgrade — we’re talking luxe appliances and the storage solutions of your dreams for healthy recipes!"

Kate Hudson opens a new Fabletics Boutique at Bridgewater Commons Mall on October 16, 2015, in Bridgewater, New Jersey (Getty Images)

It is a dismal time across the world and it looks like the actress wants to do something to make at least one person happy. The 'Almost Famous' star continued explaining how her followers can enter the draw. Contestants can enter if they follow Fabletics on Instagram and "Comment below to tell me: What's your fave recipe?" The contest is open only for those living in the United States and Canada and "ends at 11:59 PST on 5/21/20". She will announce the winner by May 27. The contest is coming from her own line of workout clothes and activewear, Fabletics. 

She was recently featured on the cover of the People Beautiful Issue with her mother Goldie Hawn and one-year-old daughter Rani, and this was the first time the three were captured together. 

As of 2018, reports stated that her net worth was approximately $38M. Other reports state that her net worth is close to $80M — money from her stake in Fabletics, which started a subscription athleisure company. And it now currently operates 25 stores in the United States. The venture has her complete attention. "I work more on Fabletics now than I do on movies," Hudson had once said in an interview with Forbes. 

According to a 2017 Forbes article, the company was at one point valued at $250M and the actress owns 20% of the company, making her pre-tax stake approximately $50M worth.