Kylie Jenner Net Worth
Kylie Jenner net worth: Kylie Jenner is an American model, reality television star and cosmetics entrepreneur who has a net worth of $300 million. Despite what you may have heard, we do not subscribe to the dubious claim that Kylie is worth $900 million or $1 billion. She is not a billionaire. Here's why: A July 2018 Forbes article claimed that Kylie's makeup company was worth $800 million. The article also claimed that Kylie has a separate $100 million non-cosmetic fortune and voila she had a $900 million net worth. But one thing to keep in mind about the Forbes article is that they assumed the company would sell for roughly 8x its current profits. That's an extremely high multiple, especially when you take into account the fact that (as the article itself points out) Kylie Cosmetics' revenues are not growing. In fact overall revenue grew just 7% in 2017 and was $70 million lower than had been predicted in mid-2017. Furthermore, her lip-kit revenue is actually down 35%, year over year.
No company would pay an 8x multiple for a brand that is clearly waning in popularity. Let's say Kylie was able to sell for 4x profits, that would be around $400 million. As the 100% owner she would get around $260 million after taxes from that sale. Therefore we think a much more reality-based net worth number for Kylie today is $300 million. We're not just trying to be haters. We think it would be awesome for Kylie to become a billionaire, but we're choosing to wait and see.
Jenner comes from a family of models and television personalities. She is best known for appearing on the hit reality series, Keeping Up with the Kardashians. She is the youngest daughter of businesswomen, Kris Jenner and the former Olympic athlete Bruce Jenner. Her older sister is model Kendall Jenner and her half-siblings include Kim Kardashian, Kourtney and Khloe Kardashian and Brody Jenner. Kylie Jenner's modeling career took off with the Sears clothing line "Crush Your Style". She has also been featured in various photo shoots for publications like OK! Magazine and Teen Vogue. Since her appearance on the popular TV reality shows, Kylie Jenner made her catwalk debut at New York's Fashion Week in September (2011). The family members were there, in front row, cheering on their little sister through the nerve-wracking moment. She may have been nervous, but this little diva didn't let it show, as she strutted down the catwalk, rocking a black ballerina-style dress by Abbey Dawn. Following her big sis Kendall's footsteps, Jenner is currently modeling bikinis for Australian swimwear designer White Sands. In addition to this, Jenner was featured in People magazine's beautiful people article with her big sister in 2010. Kylie and Kendall hosted red-carpet events for Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 in Los Angeles. They also did an interview in the Bing Box at The Hunger Games premiere on March 12, 2012. In addition to her work in print and on screen, she also has a number of endorsements, a beauty line that includes nail lacquers, and multiple clothing lines. Kylie and Kendall also released a science fiction novel, Rebels: City of Indra which is about two girls with superpowers who embark on a journey. When Kylie and Kendall co-hosted the 2014 Much Music Video Awards, Kylie finally made her acting debut in a promo for the show.