How much is Kylie Jenner worth?
| Net Worth: | $700 Million |
|---|---|
| Profession: | Professional Entrepreneur |
| Date of Birth: | August 10, 1997 (age 25) |
| Country: | United States of America |
| Height: | 5 ft 6 in (1.68 m) |
About Kylie Jenner
Kylie Jenner is an American media personality, businesswoman, model, and socialite who rose to fame after the E! reality television series Keeping Up with the Kardashians. Kylie is the daughter of Caitlyn Jenner, the decathlon winner of the 1976 Summer Olympics (formally known as Bruce Jenner), and Kris Jenner, a TV personality, manager, and producer. She has an older sister, Kendal, as well as three half-sisters and four half-brothers from the Jenner/Kardashian clan. Besides her appearance in the reality series, Jenner is also famous for creating her own cosmetic company Kylie Cosmetics, in 2014.
Kylie’s career started with the Keeping Up with the Kardashians reality series, from which the viewers began to learn a lot more about her. When the show premiered, in October 2007, Jenner was just 10 years old, and she appeared on the show until its finale in, June 2021. Kylie and her family, also appeared in many television shows such as America’s Next Top Model, Million Dollar Closets, Deal With It, and Ridiculousness.
During their teen years, in mid-November 2013, the youngest members of the Kardashian clan – Kylie and Kendall announced that they would launch their own clothing line with PacSun. The collection was called The Kendall and Kylie Collection and it included hundreds of different dresses, skirts, tops, sweaters, tees, and tops. Shortly after, Jenner created her own eBay account in which she auctioned her old clothing and used the money she earned to help the Children’s Hospital Los Angeles.
In February 2014, Kylie teamed up with her sister, Kendall, for a handbag and shoe line for Steve Madden’s line “Madden Girl” and, a few months later, in June, the Jenner sisters co-hosted the 2014 edition of the Much Music Video Awards, marking Kylie’s acting debut. Throughout the year, the sisters continued to work together in various music videos and even released their own dystopian/science fiction novel titled Rebels: City of Indra. Towards the end of the year, in October, Kylie collaborated with Bellami Hair and released her own hair extensions called Kylie Hair Couture.
Throughout 2015, Kylie and Kendall once again teamed up and released another clothing line called Kendall + Kylie which was partnered with TopShop. Two months later, in early August, Kylie announced that she would be launching her own lipstick line and that it would be part of a self-titled lip kit called Kylie Lip Kit. The news was followed by Kylie’s own mobile app and a personalized website that was both launched in September that same year.
In February 2016, Kylie Cosmetics was renamed and the kits produced rose from 15,000 to 500,000. Later that same year, she became the new face of PUMA. In June 2016, Kylie announced she has collaborated with her sister Khloe Kardashian and will release two new cosmetic sets. Kylie Jenner’s own reality show that revolves around her life was named Life of Kylie and premiered on August 6, 2017.
In 2019, Forbes magazine dubbed Kylie as the “youngest self-made billionaire ever”. While most critics claimed she was born into the wealth and privilege, Jenner herself commented that she was cut off by her parents at the age of 15 and denied the accusations that her family helped her. In 2019, at just 21 years of age, Kylie Jenner’s net worth was estimated at $1 billion, and Forbes at the time declared her “the second-highest-paid celebrity”. This has later been retracted however still resulting in an estimated net worth of $700 million or more.
Kylie has made a fortune, especially after growing her company, Kylie Cosmetics for the past couple of years and she’s used many ways to develop her brand. The perfect example is her distribution deal with Ulta that took place in November 2018. After launching the deal, the young billionaire sold an estimated $55 million of cosmetic products in less than six weeks. In 2019, Kylie agreed to sell to Coty Inc. valuing the company at approximately $1.2 billion. During that time, the revenue of the entrepreneur’s beauty company climbed from an estimated $360 million to $900 million (yet this is unsubstantiated).
What made Kylie so successful is the fact that she is the ultimate influencer. She doesn’t rely on other beauty or cosmetic companies and instead, she uses her own face to exhibit and showcase her beauty products. A very strategic move that Kylie has pulled many times is working with her other family members, especially her mother and sisters, to help promote her company or team up for different projects/appearances. Kylie also focuses on her large Instagram following to build anticipation and promote her offerings.
Summing-Up
When it comes to self-made and billionaire celebrities that have succeeded in life, Kylie Jenner is a perfect example. This worldwide sensation became a mother at the age of 21, while she was running a beauty company that has quickly taken over the world by storm, and on top of that, she’s associated with many other projects and events, including charities. To prove how dominant Kylie has been, in June 2020, despite recent questions, the public figure was named Forbes’ “highest-paid celebrity of 2020”, beating her previous score from the past year. The business magazine claims that the entrepreneur earned $590 million in that single year.
