Perhaps you’ve caught wind of the buzz about Kylie Jenner unless you’re completely isolated from the world. Her name has made headlines recently due to speculations about her actual financial worth.

I embarked on a quest for information and put together all relevant details, primarily focused on breaking down Kylie Jenner’s wealth. Here’s the detailed account of what I discovered.

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What is Kylie Jenner’s Net Worth

Kylie Jenner’s annual income from her diverse business ventures, post-tax, is around $40 million. As of 2023, she is anticipated to rake in nearly $100 million before taxes.

In January 2019, estimates suggested Kylie Jenner’s wealth to be near $800 million, though this dropped to $600 million in 2020 due to the economic impact of Covid-19.

However, she recuperated from this minor setback when her valuation rose to approximately $700 million in 2021. By 2022, Kylie Jenner’s worth reached $710 million, earning more than $20 million in revenue from her money-spinning pursuits.

Who Exactly is Kylie Jenner?

Kylie Kristen Jenner is a successful American businesswoman and a significant social media influencer. Her claim to fame originated from her appearance on the popular reality TV show, Keeping Up With the Kardashians in 2007, making her debut at the tender age of 13.

Today, Kylie Jenner commands a cosmetics empire estimated to be worth roughly $750 million and growing steadily.

At 24 years old, she has made the best use of her significant social media following to launch Kylie Cosmetics in 2017. The move controversially marked her as the youngest self-made billionaire ever, surpassing Mark Zuckerberg, co-founder and CEO of Facebook.

Background and Education

Born on August 10th, 1997, in California, Kylie Kristen Jenner is the daughter of Kris Jenner and Bruce Jenner (now Caitlyn Jenner). Jenner grew up in a large family, including four stepbrothers and four stepsisters.

This blended family was a result of her parents’ previous marriages. It comprises Kendall Jenner, Burt, Brandon, Cassandra Marino, Kourtney Kardashian, Kim Kardashian (previously wed to Kanye West and later romantically involved with Pete Davidson), Khloe, and Rob Kardashian. Kylie Jenner’s parents have since divorced, separating in 2015.

Jenner attended Sierra Canyon School where she participated in drama and cheerleading. She later acquired her high school diploma from Laurel Springs School in 2015 through a homeschooling program.

Private Life and Family

Kylie Jenner is the mother to two children, Stormi and Aire, aged five and two, respectively. She is currently reportedly single after her intermittent relationship with American rapper Travis Scott ended in early 2023.

Keeping Up with the Kardashians

Jenner’s breakthrough came in 2007 with her appearance on the hit E! Network reality TV series, Keeping Up with the Kardashians (KUWK).

The show was primarily centered around the Kardashian family (Kendall, Kim, Kourtney, Khloe, and Rob), although it occasionally featured guest stars. Kylie Jenner was part of 193 episodes before the show concluded in 2021.

The Kardashians’ immense popularity led to the creation of spin-off shows like ‘Kourtney and Kim Take Miami,’ ‘Khloe and Lamar,’ ‘Kourtney and Kim Take the Hampton,’ among others. At various points in her career, Kylie Jenner appeared in some of these spin-offs.

The Kardashians reportedly received over $100 million from the E! network, contributing significantly to Kylie Jenner’s wealth.

Kylie Cosmetics

Kylie Jenner’s keen interest in the fashion and beauty sector was evident in her modeling career. So it was no surprise when she announced the launch of her beauty company, Kylie Cosmetics, in 2015.

After her Lip augmentation controversy, which led to the viral “Kylie Jenner Challenge,” she first launched her lipstick line, Kylie Lip Kit. This controversy served as a springboard for her new lipstick line, which saw her sell over half a million Kylie lip kits within six months of its launch. Kylie Cosmetics was formerly known as Jenner’s Cosmetic Company.

Jenner sold a 51% stake of the company to Coty, a business conglomerate in the beauty industry, in a deal that earned her $600 million. At the time of sale, the company was valued at about $1 billion.

Coty, one of the world’s largest beauty corporations, is valued at $5.3 billion and has more than twenty subsidiary companies such as Rimmel, Max Factor, OPI Products, Clairol, among others.

Kylie Skin

In May 2019, Kylie Jenner introduced her own line of skincare products known as Kylie Skin. The range comprises a plethora of skincare essentials like body lotions, makeup removers, face scrubs, and more.

Sisterly Collaborations

In 2016 and 2017, Kylie combined forces with her sister, Khloe Kardashian, owner of the beauty line KoKo Collections, to produce a line of lip products. These products were promoted at the prestigious Paris Fashion Week held by Balmain, a high-end French fashion brand.

In the tech realm, Kylie and Kendall ventured into mobile application development in 2016, announcing the Kendal & Kylie mobile App compatible with Android and iOS devices. The game, although currently unplayable, involved role-playing and avatar creation.

Kylie also collaborated with her biological sister to launch Kylie Cosmetics x Kendall Jenner, a cosmetics line, in June 2020.

Trademarking by Kylie Jenner

Kylie Jenner smartly trademarked several phrases used to market her brand and for endorsements. Among these trademarked phrases are “Kylie”, “Stormi”, “Rise and Shine”, “Kylie Con”, “Kylie Kon”, and “Kylie Museum”. These trademarks are crucial for her businesses, allowing her to legally protect her brand and ensure its distinctiveness.

Kylie Swim

Inspired by her flair for fashion, Kylie Jenner conceived the idea of a swimwear line tailored to all body shapes and sizes. Leveraging her modeling experience and understanding of women’s needs, she launched the swimwear line, Kylie Swim, in September 2021.

Kylie Baby

Reflecting her own experience as a mother, Kylie announced the creation of a baby product line including baby skincare and hair products. Named Kylie Baby, the product line was officially launched in September 2021.

Controversial Moments

The path of Kylie Jenner has been far from smooth considering the myriad of controversies and uproar she has faced over her career span. Here are a few instances where Kylie stirred some controversy and her subsequent handling of the situations.

The Retro T-shirt Line – The Jenner siblings conceived the plan of producing t-shirts featuring images of renowned music artists/icons from the rap and rock genres. The roster of icons included Notorious B.I.G., Led Zeppelin, Tupac, The Doors, among others.

The sisters, Kylie Jenner and Kendall, fell into controversy for employing the artists’ portraits without any explicit consent from the relevant entities. As a consequence, the sisters halted the line’s production and withdrew the merchandise from their retail outlets and website. They also issued an apology to all those impacted.
“Self-made” Billionaire Controversy – Kylie Jenner, undeniably affluent at present, didn’t exactly start from the ground up. In 2018, she featured on the Forbes magazine cover with the epithet “self-made” billionaire tagged beside her.

This label sparked irritation among certain people, denouncing it as incorrect and deceptive. Her family stepped in to affirm her billionaire status. Later, Forbes published a statement following an investigation, addressing the issue.

Forbes revealed that Kylie Jenner had fabricated tax documents related to Kylie Cosmetics. However, she still ranked among the top 100 women in 2020, while still in her mid-twenties.
Legal Disputes and Lawsuits – Kylie Jenner is no stranger to legal conflicts and lawsuits, most of which are instigated by her rivals. For example, a legal strife took place between her and Kylie Minogue, an Australian singer, over the trademark of the name “Kylie”.

Jenner had trademarked the name for commercial purposes, but the verdict favored the singer. Another legal encounter arose when she was accused of utilizing an image that bore a strong resemblance to an artwork created by a British artist named Sara Pope. It was later unveiled that she had unwittingly used it, as a freelance designer had created the image for her.

Endorsements

In a manner similar to her siblings, Kylie Jenner has collaborated with numerous enterprises, especially those in the cosmetics sector.

In the year 2013, Kylie earned a hefty $100,000 through her endorsement of a California-based nail polish manufacturer named OPI, a branch of Coty. Kendall, her sister, was also part of this promotional agreement and received an equivalent sum.
Promotion through Instagram – Kylie Jenner’s Instagram account stands as the fourth most-followed by an individual globally. She has gathered nearly 380 million followers and accumulated billions of likes. Hence, businesses regard influencers like Kylie Jenner as an affirmation of their products. Speculation suggests that Kylie receives in excess of $1 million for each sponsored post on this platform. In 2018, she was the highest remunerated user, amassing approximately $1.2 million solely from endorsements.
Kylie Jenner has joined forces with large corporations, serving as their brand ambassador or even the ‘face’ of the organization. Examples comprise of Calvin Klein, PUMA, Adidas, Apple, Quay Australia, and Bellami Hair. The tally is extensive. It’s a reasonable conjecture that she has been compensated with tens of millions of dollars for her contributions.

Properties Owned by Kylie Jenner

What could a fortune of $750 million procure? Quite a lot, indeed! Reportedly, Kylie Jenner’s real estate portfolio is valued at over 80 million dollars, inclusive of stunning mansions and deluxe apartments situated in upscale localities. Kylie’s inaugural house purchase was in 2016 when she was just a teenager, and she paid an immense amount of money. Since then, the net worth of Kylie Jenner has escalated, and so has her collection of properties.

Below is a roster of some properties acquired by Kylie Jenner during her career

Kylie Jenner is the proud owner of a 19,000 sq. foot mansion in Holmby, California, which has an estimated market value exceeding $36.5 million. This mansion, purchased in 2020, is furnished with courts, a gymnasium, seven bathrooms, a home theater, multiple bars, and other luxury features. It is located in proximity to the renowned Playboy Mansion.
She co-owns a mansion valued at $13.5 million with Travis Scott, positioned in Beverly Hills. However, in 2022, they put the property up for sale for $21.9 million following rumors of their split. If sold, both stand to profit by nearly $4 million!
This cosmetics magnate acquired a plot of land for $12 million in Hidden Hills, California. Subsequently, she developed the land by constructing a colossal mansion worth approximately $10 million. It is conjectured that this multi-millionaire presently leases the property to a confidential close friend.
She owns a holiday residence valued at about $3.25 million in Palm Springs, Los Angeles. This vacation home is believed to be fully equipped with all possible comforts for an enjoyable holiday. Palm Springs is a well-acknowledged summer vacation spot for the super affluent.
Recently, in 2023, she initiated the construction of yet another residence in Los Angeles, which she referred to as her ‘dream house’. The exact cost of the construction remains undisclosed but it is anticipated to run into tens of millions.
Kylie possesses a lavish private jet with a staggering value of $72.8 million, which she named ‘Kylie Air’. This custom-made pink jet is adorned with chic décor that complements her beauty enterprise, Kylie Cosmetics.
Kylie Jenner’s net worth of $750 million is closely associated with the properties mentioned above. This implies that her net worth corresponds with the market value of the properties she currently owns.

Conclusion

Kylie Jenner’s net worth of $750 million is largely from her 49% stake in Kylie Cosmetics, which is valued at $1 billion. While she has yet to reach billionaire status, she’s made significant strides in a competitive industry. Kylie’s story serves as an example of how a person can create and manage substantial wealth.

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