Biography
Kylie Jenner’s Net Worth – Biography, Career, & Personal Life
Kylie Jenner needs no introduction to the glamorous world. She always makes headlines for her lavish lifestyle, stylish clothes, net worth, and Instagram followers. Recently, she has become the first woman with over 300 million followers on one of the most popular social media platforms, Instagram. Apart from that, she is also known for its highly renowned beauty brand Kylie Cosmetics which has contributed a lot to her net worth.
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Kylie Jenner’s Net Worth
Being a reputed American model, entrepreneur, and reality TV star, Kylie Jenner has gained a lot of net worth in the recent past. Her net worth is around $750 million. However, she accumulated over $100 million in a single year through different ventures.
But, the majority of her net worth comes from her cosmetics brand, Kylie Cosmetics. It is believed that she sold over 51% of her brand’s stake to Coty Inc for a whooping sum of $600 million. Right after it, the valuation of her company rose to $1.2 billion. However, after a few months, the valuation of the company drastically declined.
But, in the deal, Kylie Jenner earned over $340 million after paying the taxes right from the sale. But, the remaining stake of over 45% in the company drastically went down. It is believed that during the one year of the sale, Kylie invested a lot in buying private jets and luxurious mansions of over $130 million.
Latest news about Kylie Jenner
Know Kylie’s Net Worth Milestones
If we go by her net worth milestone then they are pretty impressive. Her net worth increased with every passing year.
Year Net Worth
- 2011 $300,000
- 2013 $2,000,000
- 2014 $4,000,000
- 2016 $10,000,000
- 2017 $50,000,000
- 2018 $200,000,000
- 2019 $300,000,000
- 2020 $650,000,000
- 2021 $700,000,000
- 2022 $725,000,000
- 2023 $750,000,000
How Did Kylie Start Her Beauty Brand?
Kylie Jenner is famous for her premium cosmetics and beauty brand, Kylie Cosmetics. She started the brand way back in 2014 along with her mother Kris Jenner. She launched the beauty brand in collaboration with Seed Beauty. Being a model, she also made an investment of $250,000 in her brand.
Initially, the company launched a couple of products, including a range of 3 liquid lipsticks, Kylie Lip Kits, etc on November 30th, 2015. Right after the launch the products became an instant rage among customers and sold out instantly.
Due to her best-selling products and stock unavailability, her company had to increase the manufacturing capacity within just 1 and a half years of the launch. The company successfully generated over $420 million in revenue in just 3 years of launch.
Kylie Jenner also collaborated with Khloe Kardashian to launch a special collection called the Koko x Kylie collection in the month of November 2016. Her revenue kept on increasing and in April 2017 her brand registered around $13.5 million in revenue respectively.
How Did Kylie Jenner Feature In the Forbes List of the Richest Self-Made Women in America?
At a very young age, Kylie Jenner achieved a lot of wealth and success like no one else. Being just 20 years old, she became the youngest girl in the prestigious list of Richest Self-Made Women in America in July 2018 for her whooping net worth of over $900 million.
Despite being featured in Forbes magazine, Kylie has been continuously making efforts to grow her brand. In August 2021 she launched her brand new swimwear line called Kylie Swim followed by a baby skincare line called Kylie Baby in September 2021.
Know Kylie Jenner’s Real Estate Portfolio
Many people are not aware of the fact that Kylie Jenner is a big real estate fanatic. She has invested around $40 million in real estate properties in just 2 years. Let’s have a look at her real estate portfolio.
• Calabasas House, California: She bought it for over $2.7 million in 2015 and sold it for over $3.15 million.
• Hidden Hills Mansion 1, California: She bought it for over $6.3 million and sold it at a price of $6.7 million.
• Holmby Hills Resort: She bought it at the price of $36 million in 2020
• Beverly Hills Mansion, California: She bought it at the price of $13.45 million in 2018.
• Madison Golf Community Lot, California: She bought it in 2019 at the cost of $3.25 million.
Apart from her real estate investments and beauty brand income, she also earns money through her Instagram. It is reported that she charges around $1.8 million for every Instagram endorsement.
Kylie Jenner’s Early Life
She was born on 10th August 1997 in Los Angeles, California, U.S. She was born to Kris Jenner and Bruce Jenner. The former is a businesswoman and the latter is a renowned Olympic athlete. Kylie also has an older sister named Kendall Jenner. Moreover, Kim Kardashian, Brody Jenner, and Khloe Kardashian are her half-siblings.
She completed her traditional school in 2012 and start pursuing a home-based school educational program. In the month of 2015, she completed her high school diploma.
Kylie Jenner’s Personal Life
So far, Kylie dated the famous rappers, Tyga and Travis Scott. She started dating Tyga in 2014 and ended her relationship with him in 2017. After that, she started dating Travis Scott in 2017 and the two welcomed a baby girl in February 2018. However, they both parted ways and are now living separately.
Kylie Jenner’s Instagram Account
Interesting Facts About Kylie Jenner
• How old is Kylie Jenner?
Kylie Jenner was born on August 10th, 1997. Currently, she is 27 years old.
• How tall is she?
Kylie is 1.75 meters tall.
• What’s her approximate net worth?
Her net worth is around $750 million.
• At what age did she start her career?
She started her career with the reality show called Keeping Up With the Kardashians at the age of 10 years. However, she became financially independent at the age of 15.
• Who all are in her family?
She has her father, mother, and younger sister named Kendall Jenner.
Also, read this article: Biography of ELON MUSK
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