What is Kylie Jenner’s Net Worth?
Whether you are a big fan of Kylie Jenner or not, you have probably been wondering what her net worth is. It’s not exactly surprising, because she’s one of the most popular celebrities around. She’s a member of the infamous Kardashian clan, so it’s no surprise that she’s rich. However, what’s the secret behind her incredible wealth?
$750 million
Until recently, Kylie Jenner’s net worth was estimated at $1 billion. It had even been reported that she was the world’s youngest “self-made” billionaire.
However, a recent investigation by Forbes revealed that Jenner had lied about her business. According to Forbes, Jenner forged tax documents in order to make her look like she was a billionaire.
Kylie Jenner launched a cosmetics company called Kylie Cosmetics when she was just 15 years old. Jenner’s cosmetics line sold $630 million worth of makeup in its first two years. She then sold a majority stake of the company to beauty conglomerate Coty Inc. for $600 million.
But, according to Coty’s filings, the company’s sales had decreased significantly in 2020. Jenner’s publicists claimed that her company’s revenues had increased by $400 million in its first 18 months. However, Coty later revealed that the company was a much smaller company.
According to Forbes, Kylie Jenner’s net worth is $750 million. This is less than what she claimed in November when she sold half of her company. However, this is still higher than that of Kendall Jenner’s.
Jenner is an American model, entrepreneur, and socialite. She has appeared in several television shows, including Keeping Up with the Kardashians. She also launched her own skincare line, Kylie Skin. She is also a beauty ambassador for Nip + Fab.
In addition to her cosmetics line, Jenner has launched her own sunglasses line with Quay Australia. She also produced a sci-fi novel titled Rebels: City of Indra, which revolves around two girls who have superpowers. She has also appeared in magazines, including People and Fortune.
Jenner’s cosmetics company has sold millions of dollars in products, and her endorsements include those for her social media promotions. She also has a personal app, which offered exclusive content and made $105,170 on its first day.
$300 million
During the first half of this year, Kylie Jenner’s net worth was estimated at $300 million. This is after she sold her cosmetics company to Coty Inc., a publicly traded beauty conglomerate. Coty purchased 51% of Kylie Cosmetics for $600 million.
Jenner, 22, launched Kylie Cosmetics in August 2015. She began by selling $29 lip kits, then added a skin care line in December. Her product line is expected to generate $400 million in sales each year.
Jenner has made millions in social media endorsement deals. She charges brands around $1 million to post an Instagram endorsement. She also owns a health and wellness brand called Poosh. She is the brand ambassador for skincare company Nip + Fab. She has a clothing line with Topshop, a handbag line with Steve Madden, and a sunglasses line with Quay Australia.
Jenner also has a separate fortune worth $100 million. She has spent more than $40 million in real estate in the past two years. She has bought and sold houses in Los Angeles and Holmby Hills. In addition, she owns a private jet.
Her net worth is based on her personal properties, her investments, and the income she makes from other sources. She owns homes in La Quinta and Holmby Hills, as well as vacant lots. She pays around $67k per month in property taxes.
Kylie Jenner also donated close to half a million dollars to help provide treatment for 1,800 children with clefts. She is also the founder of a charity called the Nest of Love, which mentors young women in low-income areas. In 2020, she donated $1 million to the hospital.
During her time on Keeping Up With the Kardashians, she reportedly banked $500,000 per episode. She also starred in a video called PartyNextDoor with Jordyn Woods.
$400 million
Among the Forbes 100, Kylie Jenner has the youngest net worth ever. Jenner is worth an estimated $400 million. This is up from her $200 million in July 2018.
Kylie has been a model for the longest time, but her success started with her appearances on ‘Keeping Up With The Kardashians’. After that, she branched out into the entrepreneurial world. She launched her makeup line, Kylie Cosmetics, in 2014. Initially, she made money from product endorsements. She has since picked up sponsorships with Puma and Beats.
Kylie’s personal fortune has been growing rapidly over the last decade. She spends $300-400,000 a month on clothes, cars, and security. She owns several houses in Southern California. She also owns vacant lots in Hidden Hills and Holmby Hills.
The Kylie Cosmetics company has grossed $420 million over the past 18 months. Kylie has made millions from product endorsements. She has sold her fashion line to wholesalers and 390 US stores.
She also owns a vacant lot in La Quinta, California. The average property tax bill on her property is $800,000 a year. The rest of her $400 million fortune is made up of other investments and luxury goods.
Forbes said that Jenner exaggerated her business’s success. She claimed that her revenue was more than four times her profits. However, Forbes found out that the company’s revenues were actually lower than the family led media outlets to believe.
Forbes also accused Kylie Jenner of falsifying her tax returns. While she did not actually falsify her tax returns, the report claims that she did use bogus tax returns to achieve the coveted youngest self-made billionaire title.
Forbes has also alleged that Kylie Jenner and her team overinflated her beauty business’ success. In fact, Kylie Cosmetics reported a dramatic drop in sales in 2020.
$800 million
Despite the fact that Kylie Jenner is only 20 years old, she is already a beauty entrepreneur with a net worth of $800 million. She is expected to surpass Mark Zuckerberg as the youngest self-made billionaire in history, according to Forbes.
She has created her own cosmetics line, Kylie Cosmetics, and it has become one of the most popular cosmetics brands on the internet. The company has sold $630 million in makeup products so far. It has added eye shadow to its lineup, and recently released a collection called Stormi Webster.
Jenner’s fortune is built on her fame, and her family is famous as well. Her mother Kris Jenner handles the business side of the family, and all of her children get a 10% management cut.
Jenner’s primary residence is an eight-bedroom Cape Code style mansion in Hidden Hills, California, which she bought for $12 million. She also owns a $320k Rolls Royce Ghost and a $1.4 million Ferrari.
Kylie is the youngest member of the Forbes list of America’s Richest Self-Made Women. Her net worth is expected to surpass Mark Zuckerberg in the next year. She is on track to become the youngest self-made billionaire in history, and she is also expected to be the youngest female billionaire.
Kylie Cosmetics launched two years ago. It debuted with a simple $29 lip kit, and has since added eye shadow and concealer to its lineup. The company now has more than 16 million followers on its Instagram account.
Kylie Jenner owns 100% of her makeup line, Kylie Cosmetics, and it is valued at $800 million. Forbes estimates that Kylie will become the youngest self-made billionaire in the world by age 21.
$190 million
Earlier this year, Forbes updated its calculations for Kylie Jenner’s net worth. They had originally estimated her to be worth $700 million. They later removed her from their list of billionaires.
She is currently estimated to have a net worth of $190 million. She earns about $100,000 per episode of her reality show, KUWTK, as well as a 10% cut of the earnings from her daughters’ business ventures.
The family has managed a lot of projects in their time. Kris Jenner is the brain behind KUWTK, and she runs the business side of the Kardashian-Jenner empire. She also runs Jenner Communications in Los Angeles. She wrote a memoir and has published cookbooks.
Kris Jenner has a son, Brody, and a daughter, Khloe. Her first husband is Robert Kardashian. He appeared on KUWTK before Kris took over the show. He also represented OJ Simpson in court.
Kris Jenner’s father, Bruce Jenner, is an Olympic medalist. He reportedly owns a house in Los Angeles. He is known for managing clients. He also has a number of endorsement deals. He has accumulated over $100 million in stock sectors.
Kris Jenner is a savvy businesswoman. She has accumulated over $100 million in stock sectors, as well as real estate. She has written a number of cookbooks and has managed a number of projects. She also has a role as a “momager” for the Kardashian-Jenner family.
Kris Jenner owns 4.9% of the Kylie Cosmetics line. She is also a partner in the KKW Beauty brand. Her stake is valued at $90 million. She is also a co-owner of the Good American clothing line. She has also partnered with Proactiv and PacSun.
