Kylie Jenner is one of the world’s most well-known faces regarding glamour, so it can’t be missed when discussing her net worth. Her journey is remarkable, from reality TV stardom to becoming an acclaimed entrepreneur. It has garnered media coverage around her astonishing wealth, something everyone seems captivated by and constantly inquires about: “What is the Net Worth of Kylie Jenner?”.
No matter your opinion about Kylie Jenner or her lifestyle, let’s take a closer look at how she made it big and her actual worth. From modeling career and television appearances to make-up lines and clothing stores, learn how Kylie has earned her accomplishments and fortune.
Kylie Jenner’s Early Life and Career
Kylie Kristen Jenner was born in Los Angeles on August 10, 1997, and rose to stardom during her formative years. As the daughter of Kris Jenner (a well-known television personality) and Caitlyn Jenner (formerly Olympic gold medalist), Kylie came into this world surrounded by high-profile people such as Kris himself as well as four half-siblings from her mother’s side – Kim, Kourtney Kardashian, Khloé Kardashian, Rob Kardashian. She also has an older half-sister, Casey, and has three older half-brothers, Brody, Burt, and Brandon Jenner, who all make up her huge family of siblings!
Kylie wasn’t like most children. Her childhood was full of fame and fortune from an early age. Imagine wearing designer outfits to school daily or having your birthdays broadcast across television! But being part of such a high-profile family also meant dealing with constant media and public scrutiny.
🎞Kylie’s Entry into the Entertainment Industry
Kylie first began her entertainment industry career at just ten years old. That year, Kylie’s family made their reality TV show “Keeping Up With the Kardashians,” chronicling their personal and professional lives, quickly becoming immensely popular and helping establish Kylie as an industry icon.
Kylie took full advantage of being so young when it came time for her debut on The Bachelorette, quickly becoming a fan favorite due to her fun-loving personality and unique sense of style. Over time, as she aged, Kylie began taking on more prominent roles, which helped further expand her popularity with fans.
Kylie made numerous guest appearances and TV show hosts. For example, she hosted the “The Vow” premiere in Hollywood. She also appeared in popular programs like “America’s Next Top Model.”
Kylie Cosmetics Is Now Worth Billions
In 2015, Kylie decided to turn her passion for makeup into a business. She created Kylie Lip Kits (later rebranded to Kylie Cosmetics). Their debut product was a lipstick and lip liner duo, like an adult coloring book for your lips! What made it special for fans was being able to recreate Kylie’s signature pouty lips themselves.
Kylie Cosmetics was an instant hit. They sold out within minutes of being available online! Everyone wanted one. Kylie expanded her product line further with eyeshadow palettes, highlighters, concealers and other makeup items that helped people experiment with different looks and styles. Today, Kylie Cosmetics provides various beauty products so people can experiment with various looks.
💄Coty Inc’s Acquisition of Kylie Cosmetics
In 2020, an event significantly increased Kylie Jenner net worth: Coty Inc. purchased 51% of Kylie Cosmetics at an astounding cost of $600 Million! That deal valued Kylie at an incredible $1.2 Billion!
Kylie Cosmetics was an enormous boon for Kylie Jenner net worth. After selling off most of her company, Kylie Jenner’s net worth dramatically increased, becoming one of the youngest billionaires ever.
Even after selling off most of it, Kylie still plays a vital role in keeping its identity and vision alive through product development and marketing initiatives, ensuring its brand stays true.
What is the Net Worth of Kylie Jenner?
Forbes estimates Kylie Jenner’s net worth as of 2023 as around $680 Million. A significant part of Kylie’s fortune comes from her successful cosmetics company, Kylie Cosmetics, which she sold over half to Coty Inc for $640 Million! That deal alone added over $600 Million to Kylie’s fortune!
Kylie doesn’t just make money from her cosmetics line alone. She also earns from appearances on the reality TV show “Keeping Up with the Kardashians,” other shows and events, and endorsement deals with various companies.
Notably, Kylie’s net worth has changed throughout her life. Forbes estimated her net worth as $1.8 billion in 2022, but due to changes in her businesses and pandemic repercussions, it fell significantly by 2023 to $680 million.
Kylie remains one of America’s wealthiest self-made women. Her journey from reality TV star to successful entrepreneur is inspirational. It shows that hard work, creativity and hard work alone can lead to great achievements.
Controversies Regarding Her Billionaire Status
In 2020, Kylie Jenner found herself at the center of controversy regarding her billionaire status. Forbes Magazine (which ranks the wealthiest people worldwide) made serious allegations that Kylie and her team artificially inflated the value of Kylie Cosmetics to make it appear worth more.
Forbes named Kylie the youngest self-made billionaire in 2019. However, one year later, they noted they could have made an error and blamed Kylie’s team for providing misleading financial documents that gave an illusion that Kylie Cosmetics was more profitable than it was.
🗯Kylie Jenner Responds to Allegations
Kylie quickly addressed these allegations by responding quickly and dismissing them all as false claims by Forbes. She denied all their assertions regarding her wealth or Kylie Cosmetics’ success. It was like playing, “he said, she said,” where Kylie was defending both herself and the brand she represented.
Kylie expressed her disappointment with Forbes’ accusations on social media, noting that she never sought any title or tried to cheat their way onto their list. Instead, Kylie focused on her business and creating products she loved rather than how much she made.
Other Sources of Income
Kylie Jenner has other sources of income besides Kylie Cosmetics, such as television appearances. Before becoming a beauty mogul, Kylie was (and still is) a reality TV star on “Keeping Up With the Kardashians.” Every time she appears on an episode, she gets paid like getting pocket money just by showing up!
Kylie also earned money through spin-off shows like “Life of Kylie” and product endorsements. Companies paid her to promote their products, like Puma and Adidas, which she has promoted.
Kylie Jenner operates her merchandise line called “The Kylie Shop,” offering clothing, accessories, and other merchandise with her brand name emblazoned upon it.
💰Social Media Influence and Earnings
Kylie’s reach extends well beyond television: she’s also an established presence on social media, boasting millions of followers on platforms such as Instagram and Twitter. Her posts reach an enormous audience, making her an appealing partner for brands looking for promotion opportunities.
According to reports, Kylie Jenner can earn hundreds of thousands in fees per sponsored post she posts to social media. Companies pay Kylie a hefty sum if their ads appear on her billboard.
💰Real Estate Investments and Other Business Ventures
Kylie Jenner invests her money in real estate, buying houses and other properties with hopes that one day their value may increase over time. Here are some examples of her investments:
She owns multiple properties across Southern California, including a $12 million mansion in Hidden Hills. In 2020, she purchased a $36.5 million resort-style compound in Holmby Hills of Los Angeles for $36.5 million. Additionally, she owns a $15 million vacant lot to build a garden and barn.
Kylie Jenner invests not only in real estate but also in other ventures. For instance, in 2019, she launched Kylie Skin’s skincare line to expand her presence in the beauty industry and show that she is not simply a reality TV star or beauty mogul but also an intelligent businesswoman.
Frequently Asked Questions
Q: Who Is The Richest Kardashian?
A: As of 2023, Kim is estimated to be the richest of all the siblings. While Kylie Jenner also amassed significant wealth, Kim Kardashian net worth may be higher due to her KKW Beauty line sales, earnings from “Keeping Up With the Kardashians,” various brand endorsements and other profitable businesses.
Q: How Does Kylie Jenner Relate to Her Siblings’ Net Worths?
A: Kylie is currently estimated to have amassed an estimated net worth of $680 Million despite recent fluctuations. She stands far ahead of most of her siblings, except Kim. Kendall estimated her wealth as around $30 Million, while Kourtney and Khloe estimated between $35 and $40 Million, respectively.
Kendall Jenner net worth is around $30 Million. In comparison, Kourtney and Khloe have estimated $35 Million and $40 Million, respectively, while Kylie currently sits comfortably ahead of everyone in terms of wealth.
Q: Who is America’s Youngest Richest Woman?
A: Kylie Jenner currently holds this title. Despite the controversy surrounding her status as a billionaire, Kylie has amassed significant wealth at such an early age through cosmetics and skincare brands she owns, as well as TV appearances, endorsements, and real estate investments.
These sources account for most of it! Note that rankings may change due to fluctuations in net worth. At our most recent update, Kylie still held onto this honorable position.
Final Words
Kylie Jenner’s net worth is an intriguing topic of study, full of twists and turns. Kylie is more than just a TV star or social media influencer. She has leveraged her fame and influence to build an impressive business empire from cosmetics production to real estate investments.
Kylie’s story reminds us that success takes hard work, creativity and sometimes controversy. Furthermore, it shows us multiple paths to earning money, whether through running a business, endorsements, social media or investments.
Are you wondering about Kylie Jenner’s financial journey? Are you surprised by how much she earns, or do you think she deserves her billionaire status? Let us know below, so let the conversation begin.