Kylie Jenner’s Net Worth
Table of Contents
- 1 Kylie Jenner’s Net Worth
- 1.1 Kylie Jenner Cosmetic Company Worth
- 1.2 Kylie Jenner Net Worth Milestones
- 1.3 Early Life
- 1.4 how much money does kylie jenner have
- 1.5 Wealth Estimates
- 1.6 Career and Endorsements
- 1.7 Kylie Cosmetics
- 1.8 Kylie Jenner Real Estate
- 1.9 Monthly Expenses
- 1.10 Property Purchase Price
- 1.11 Property Tax
- 1.12 “Climate Criminal” + Private Jet
- 1.13 Personal Life
- 1.14 Kylie Jenner husband
- 1.15 Kylie Jenner children
- 1.15.1 Stormi the first born of Kylie Jenner and Travis Scott
- 1.15.2 Travis Scott Quote about Fatherhood
- 1.15.3 Kylie Jenner Quote about being a mom
- 1.15.4 Stormi Webster (4 years old)
- 1.15.5 Stormi Webster Fashion Debuts
- 1.15.6 Stormi Webster Potentials In Business
- 1.15.7 Naming of Kylie Jenner’s Son
- 1.15.8 Fans Reaction To Kylie Jenner Naming Her Son” Wolf”
- 1.16 How many cars does Kylie Jenner have?
- 1.17 Does Kylie have her own jet?
- 1.18 Who is richer Kim or Kylie?
Kylie Jenner is a model, reality television star, and cosmetics entrepreneur from the United States.
Kylie Jenner has an estimated net worth of $750 million. Kylie Jenner earns between $40 million and $100 million per year from her various ventures.
Kylie Jenner Cosmetic Company Worth
Most of her net worth is derived from her cosmetics company, Kylie Cosmetics. Kylie sold 51% of her company to Coty Inc. for $600 million in November 2019. The company is worth $1.2 billion in total.
The value dropped dramatically in the months following the transaction.
Although Jenner earned approximately $340 million after taxes from the sale, the value of her remaining 45% stake in the brand, decreased significantly.
Kylie Jenner Net Worth Milestones
Kylie Jenner Net Worth from 2013 to 2014
She had a net worth of $300,000 when she was 14 years old. It was $2 million in June 2013. Her net worth had more than doubled to $4 million by the middle of 2014.
Kylie Jenner Net Worth from 2016 to 2017
In July 2016, she became the first person to earn $10 million. Kylie’s net worth began to skyrocket around the middle of 2017. Her net worth was estimated to be $50 million in June 2017. It was later increased to $200 million in July 20.
Kylie Jenner Net Worth in 2019
Her fortune was estimated at $300-400 million in mid-2019, with much of it based on the value of Kylie Cosmetics.
Kylie Jenner Net Worth in 2021
Kylie had a net worth of $650 million at the end of 2020 and a net worth of $700 million at the end of 2021.
Kylie Jenner Net Worth 2022
Kylie Jenner’s net worth is now $750 million.
Kylie Jenner Net Worth Milestones Table
Watch recent Video revealing Kylie Jenner Net Worth;
Kylie Jenner was born in Los Angeles, California on August 10, 1997. She is the youngest child of Kris Jenner, a businesswoman, and Bruce Jenner, a former Olympic athlete (who is known today as Caitlyn Jenner).
Kylie Jenner’s Siblings
Kendall Jenner is Kylie’s older sister, and her half-siblings include Kim Kardashian, Kourtney and Khloe Kardashian, and Brody Jenner. When Keeping Up with the Kardashians premiered on E! on October 14, 2007, Kylie was only ten years old.
Success of Keeping Up With The Kardashians
Today, Keeping Up with the Kardashians (KUWTK) is the longest-running reality show in the United States. Kylie was a regular pre-teen who went to school and was on the cheerleading team during the early years of the show.
Kylie Jenner’s High School Education
She dropped out of traditional school in 2012 and began attending a home-school educational program. In July 2015, she graduated from high school.
how much money does kylie jenner have
Forbes named Kylie Jenner a billionaire on November 18, 2019. According to Forbes, she became a billionaire after selling 51% of her cosmetics company to Coty Inc. for $600 million, valuing the company at $1.2 billion. Coty Inc. is a struggling beauty company that owns brands such as CoverGirl and MaxFactor.
Kylie will continue to be the brand’s public face. According to Forbes, the deal on paper valued her remaining 49% stake at $588 million.
Kylie Jenner Cosmetic Company Revenue
Coty, which owns Clairol and OPI nail polish, has struggled in recent years with low revenue and high executive turnover. Since 2016, when it acquired a dozen cosmetics brands from Procter & Gamble, the European-based company, which is controlled by an investment firm called JAB Ltd., has seen its stock price cut in half.
To make the company worth $1.2 billion, she persuaded Coty Inc to pay a mind-boggling 27X profit multiple.
Facebook is currently trading at 26X profits. Procter & Gamble is valued at 24X. Coty is trading at 18X profit.
Kylie Revenue after Tax
Kylie will most likely be left with around $300 million after paying taxes on the $600 million portion of the sale.
It can’t be said for certain because it’s unclear how the $600 million has been structured. Although, Coty did not expect the transaction to be completed until the third quarter of 2020.
Forbes published a retraction article on May 29, 2020, admitting that all of the numbers they had previously reported were false. Kylie’s accountants literally made it up.
Her net worth was estimated to be between $150 and $200 million in mid-2018. In July of that year, Forbes published an article claiming she was worth $900 million and on track to become the world’s youngest self-made billionaire, based on Kylie Cosmetics’ reported revenue and growth.
According to a Forbes article from 2018, Kylie’s makeup company is worth $800 million. According to the article, Kylie’s company made $307 million in revenue in 2016 and $330 million in profit in 2017. According to the article, Kylie Cosmetics’ revenue has not been growing.
Kylie Cosmetic’s Increase
Overall revenue increased by only 7% in 2017 and was $70 million lower than predicted in mid-2017. Furthermore, her lip-kit sales were down 35% year on year.
Forbes Dennouncing Kylie Jenner’s Net Worth
Forbes was forced to publish a retraction article titled:
Forbes finally admits in that article that all of their information was false. It’s all there. All of their magazine covers and headlines were based on lies and/or total misrepresentations. The Forbes retraction for May 2020 is as follows:
“Then there were Kylie’s financials. Revenues over a 12-month period preceding the deal: $177 million, according to the Coty presentation—far lower than the published estimates at the time. More problematic, Coty said that sales were up 40% from 2018, meaning the business only generated about $125 million that year, nowhere near the $360 million the Jenners had led Forbes to believe.
Kylie Jenner’s Skin Care Revenue
Kylie’s skin care line, which launched in May 2019, did $100 million in revenues in its first month and a half, Kylie’s reps told us. The filings show the line was actually “on track” to finish the year with just $25 million in sales.”
“Data from e-commerce firm Rakuten, which tracks a select number of receipts, suggests there was a 62% decline in Kylie’s online sales between 2016 and 2018.”
“The business was never that big to begin with, and the Jenners have lied about it every year since 2016—including having their accountant draft tax returns with false numbers—to help juice Forbes’ estimates of Kylie’s earnings and net worth. While we can’t prove that those documents were fake (though it’s likely), it’s clear that Kylie’s camp has been lying.”
All of this isn’t to say Kylie didn’t make a fortune from her sale to Coty. In their retraction, Forbes also stated that Kylie did not own a full 100% at the time of sale. Kris Jenner appears to have owned at least 10% of the company. Kylie sold half of her 90% stake for $1.2 billion. If the deal had been all-cash, Kylie would have received approximately $340 million in post-tax cash while still owning a 45% paper stake in the brand.
Sales Impact to Kylie Jenner’s Coty
Unfortunately for Kylie and Coty, the sale has had a negative impact on the parent company’s stock price. Coty’s stock dropped 60% in the six months following the deal, owing in part to the news that the company overpaid for Kylie Cosmetics and will have to write down the brand’s value. That will almost certainly reduce Kylie’s remaining 45%’s paper value. Here is a chart of Coty stock from May 2019 to May 2020:
Coty Stock According to Investors
According to investors, the company’s total market cap is $2.8 billion. That is the total combined value of dozens of brands, including Kylie Cosmetics, which, as previously stated, was most likely never worth more than $1.2 billion. Coty will almost certainly have to write off a large portion of the Kylie brand, rendering Jenner’s remaining 45% stake worthless.
Career and Endorsements
Kylie Jenner’s modeling career took off after she was featured in the Sears clothing line “Crush Your Style.” She has also appeared in photo shoots for magazines such as OK! Magazine and Teen Vogue.
Kylie Jenner made her runway debut in September 2011 at New York Fashion Week. The family members were in the front row, cheering on their little sister during the tense moment. She was nervous, but she didn’t let it show as she strutted down the catwalk in a black ballerina-style dress by Abbey Dawn.
Kylie Jenner Modeling Career
Jenner, like her big sister Kendall, landed modeling gigs for a variety of companies, including Australian swimwear designer White Sands. Jenner and her older sister were both featured in People magazine’s beautiful people article in 2010.
Kylie Jenner Red Carpet Appearance
In Los Angeles, Kylie and Kendall hosted red carpet events for Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1. They also conducted an interview in the Bing Box at the premiere of The Hunger Games on March 12, 2012.
Kylie nail endorsements
Kylie and Kendall each received $100,000 in 2013 to endorse Nicole by OPI nail lacquers. Kylie and Kendall also published Rebels: City of Indra, a science fiction novel about two girls with superpowers who embark on a journey.
Kylie Jenner Acting Career
Kylie made her acting debut in a promo for the 2014 Much Music Video Awards, which she co-hosted with Kendall. Kylie debuted a handbag line for Steve Madden in 2014. She was named a brand ambassador for the skincare company Nip + Fab in March 2015. Kylie and Kendall launched a clothing line with British fashion retailer Topshop in June 2015. Kylie was named the new face of PUMA in 2016. Kylie launched a sunglasses line with an Australian company called Quay Australia in 2017.
Kylie Jenner’s enormous personal fortune stems from her cosmetics empire. In August 2015, she launched her first product, a lipstick line called “Kylie Lip Kit” and it was a huge hit. In September 2015, she launched a personalized website and app.
Kylie Jenner Real Estate
The youngest of the Kardashian-Jenner sisters has bought and sold a number of homes in Southern California over the years. She now owns at least five Southern California mansions.
Kylie Jenner Current Residence
Her current primary residence is an eight-bedroom, eleven-bathroom Cape Code style mansion in Hidden Hills, California, which she purchased for $12 million in 2016. The 13,000-square-foot residence has eight bedrooms and eleven bathrooms.
Kylie Jenner and Travis Scott Home
Kylie and Travis Scott co-purchased a home in Beverly Hills, California in October 2018 for $13.45 million.
Kylie Jenner Land in California
In 2019, Jenner paid $3.25 million for an undeveloped plot of land in La Quinta, California, within the exclusive Madison Club gated community, where several of her family members also own homes.
Kylie’s California Mansion
Kylie paid $36.5 million for a mansion in Holmby Hills, California, in April 2020.
Kylie paid $15 million for a vacant lot in Hidden Hills, California in May 2020. She then commissioned renowned architect Richard Landry to design an 18,000-square-foot mansion.
According to a source close to Kris Jenner, Kyle spends $300,000 per month on clothing for herself and her daughter. She is also said to spend $300,000 to $400,000 per month on car payments and security.
Property Purchase Price
The previously mentioned properties were purchased for a total of $80 million in several transactions.
Her annual property tax bill in California is approximately 1% of the purchase price. That means Kylie owes the state of California around $800,000 in property taxes per year, or roughly $67k per month.
“Climate Criminal” + Private Jet
Kylie allegedly spent $72 million on a private jet from Global Express. She hasn’t been shy about using the jet, even for absurdly short flights. Kylie earned the moniker “Climate Criminal” in July 2022 after it was revealed that she had used her private jet to fly from Van Nuys to Camarillo, California, a trip that would have taken a half hour by car but only took about 12 minutes by plane.
Kylie Jenner Being called “Classless”
Around the same time, she was labeled “classless” after posting a photo of herself and boyfriend Travis Scott standing in front of two private jets with the caption “You want to take mine or yours?” on social media.
Critics have been especially harsh in light of Kylie’s alleged image as an environmental crusader.
Kylie began dating rapper Travis Scott in 2017. In February 2018, they welcomed a daughter. They began living apart in the middle of 2019. Between 2014 and 2017, she was in a relationship with rapper Tyga.
Kylie Jenner husband
Travis Scott is Kylie Jenner’s husband, and despite having ups and downs throughout their relationship, they always seem to find their way back to each other.
The Keeping Up With the Kardashians star and the rapper made their relationship public at Coachella in April 2017, just weeks after she split from her four-year boyfriend, Tyga. Stormi, the couple’s daughter, was born in February 2018.
Us Weekly confirmed that the couple was calling it quits after more than two years together.
“Kylie and Travis have been on and off throughout their relationship,” a source explained in October 2019, shortly after news of their split broke. “Kylie still loves Travis, and neither of them considers this a full breakup.”
According to a second insider, the couple had never had a “traditional relationship” but were “very much in love” before deciding to take a break.
Even during their separation, the Kylie Cosmetics founder and Grammy nominee remained close and committed to raising their daughter together.
Even their close friends were rallying for the couple to reconcile and could see them getting back together at some point in the future.
The pair seemed to be back together.
According to Entertainment Tonight, Jenner and her ex-boyfriend have been dating for about a month, while a source told In Touch that they were taking things slowly due to Jenner’s trust issues.
In the year that followed, the couple concentrated on coparenting their daughter in the midst of the COVID-19 pandemic. They were spotted looking cozy in May 2021 when Kylie attended one of Travis’ concerts at Liv Nightclub in Miami.
Kylie Jenner children
Relationship with their kids
Since they were first linked at Coachella in April 2017, Kylie Jenner and Travis Scott’s relationship has been on-again, off-again, but one thing has remained consistent: their dedication as parents to their two children.
Stormi the first born of Kylie Jenner and Travis Scott
Stormi, the couple’s first child, was born in February 2018, and a son, whose name has yet to be revealed, was born in February 2022. Both the rapper and the beauty mogul have been vocal about the positive impact parenthood has had on their lives since becoming a family of four.
Travis Scott Quote about Fatherhood
“Fatherhood is the most impressive thing that has ever happened to me,” Travis Scott told GQ Germany in 2020.
He also credited Stormi’s birth with showing him so many things that he didn’t understand.
Kylie Jenner Quote about being a mom
Jenner has expressed similar sentiments about motherhood “Everyone says you change completely when you become a mom,” she told her older sister Kim Kardashian in 2018. “The entire thing is really… it’s like such an incredible experience.”
And, despite their ups and downs over the years, the parents-of-two have always remained united in their parenting approach, which Scott describes as having a “natural vibe.”
But what does the media know about Stormi Webster and Baby Webster, Kylie Jenner and Travis Scott’s two children.
Stormi Webster (4 years old)
Jenner kept her first pregnancy a secret for nine months, but her daughter’s birth announcement literally took the world by storm.
Stormi, the reality star’s first child, was born on February 1, 2018, in Los Angeles, she revealed during Super Bowl Sunday. After a week of keeping fans guessing, Jenner revealed the name she and Scott had chosen for their baby girl on Instagram: Stormi Webster (Travis Scott’s real name is Jacques Webster, so she has her father’s last name).
What Kylie Said about Stormi
Stormi has been making fashion statements since she was a baby, and Jenner has described her as the “perfect mixture” of her and Scott.
Stormi Webster Fashion Debuts
She made her red carpet debut in a matching top and bottom set with tiny sneakers at the premiere of Travis Scott’s Netflix documentary, Look Mom I Can Fly, when she was just 18 months old — and the toddler has only gotten better since. She recreated Jenner’s iconic 2019 purple Met Gala ensemble, had numerous matching moments with her fashion-forward mother, and has amassed quite the accessory collection, including her own mini Prada purse.
Stormi Webster Potentials In Business
She also has the potential to follow in her mother’s footsteps as a successful businesswoman. Since she was a baby, the toddler has been accompanying Jenner to the office and influencing her businesses, which now include Kylie Cosmetics, Kylie Skin, Kylie Swim, and Kylie Baby.
According to her mother, Stormi even has her own office where she gets all her businesses done.
Baby Webster Stormi became a big sister on February 2, 2022, one day after her fourth birthday, when Jenner gave birth to a baby boy. The Keeping Up With the Kardashians alum announced her son’s birth on Instagram, captioning a black-and-white photo of the newborn’s hand “2/2/22.”
Naming of Kylie Jenner’s Son
It wasn’t long before Jenner and Scott’s son made his own headlines. Jenner revealed the name of her one-week-old son, Wolf Webster, on her Instagram Story on February 11.
Fans Reaction To Kylie Jenner Naming Her Son” Wolf”
According to his birth certificate, he also had a special middle name — Jacques — a nod to Scott’s real name, Jacques Webster. Fans were taken aback when Jenner announced on her Instagram Story on March 22 that their son would no longer be known as Wolf.
“FYI our sons [sic] name isn’t Wolf anymore 😅😅. We just really didn’t feel like it was him. Just wanted to share because I keep seeing Wolf everywhere,” Jenner wrote, adding a prayer hands emoji. She did not reveal if his middle name would be changing, as well.
How many cars does Kylie Jenner have?
Kylie owned around 15 luxury cars worth more than $6 million as of last year, which she frequently displays on her Instagram after purchasing them. Stormi Webster, four, is her daughter with Travis Scott, and the couple recently welcomed son Wolf to the tune of 20 million Instagram likes.
Does Kylie have her own jet?
According to the British tabloid the Sun, Jenner paid more than $70 million for the private jet in 2020. Photos on the star’s social media channels show plush leather seats with her initials embroidered on the headrests and a TV area with the word “Kylie” written in pink neon lights.
Who is richer Kim or Kylie?
Kim Kardashian is the wealthiest Kardashian, having amassed more wealth than Kylie Jenner. Kim’s net worth is estimated to be $1.4 billion as of July 2021. She is followed by her youngest sister Kylie, who has $700 million, but the rest of their relatives are far behind.