kimpinkengage230.jpgKim Kardashian banked $300,000 from People magazine for her engagement photos, according to The Hollywood Reporter.

The 30-year-old reality star and her basketball star fiance Kris Humphries posed together on the cover of the magazine. An insider tells THR that despite the big paycheck to Kim K, the issue underperformed at newsstands. Ouch!

Under the guidance of mom/manager Kris Jenner, the Kardashian family reportedly earned $65 million last year.

This isn't the first time one of the Kardashian ladies earned big bucks for photos. In 2009, Kourtney reportedly earned $300,000 from Life & Style for her pregnancy details ... which included the birth announcement, sex of the baby and before and after body shots.

Khloe also reportedly earned six figures from OK! Magazine for her official wedding photos and announcement.

Find out what Kim's mom thinks of her daughter's possible name change ... after the jump.