Kylie Jenner Net Worth
Kylie Jenner Net Worth and Salary: Kylie Jenner is an American model, reality television star and cosmetics entrepreneur who has a net worth of $300 million. Kylie Jenner was born on August 10, 1997 in Los Angeles, California. She is the youngest daughter produced by the marriage of businesswomen, Kris Jenner and the former Olympic athlete Bruce Jenner (who is known today as Caitlyn Jenner). Kylie's older sister is model Kendall Jenner and her half-siblings include Kim Kardashian, Kourtney and Khloe Kardashian and Brody Jenner. Kylie was just 10 years old when Keeping Up with the Kardashians debuted on E! on October 14, 2007. Today the KUWTK is the longest-running reality series in the US. For several over the early years of the show Kylie was a regular pre-teen who attended school and was a member of the cheerleading team. In 2012 she left traditional school and began attending a home-school educational program. She earned a high school diploma in July 2015.
Is Kylie Jenner A Billionaire? Despite what you may have heard, we do not subscribe to the dubious claim that Kylie is worth $900 million or $1 billion. In the educated opinion of Celebrity Net Worth, Kylie Jenner 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.
Early Career Success and Endorsments: 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. 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 landed modeling gigs for various companies including Australian swimwear designer White Sands. 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 2013 Kylie and Kendall both earned $100,000 to endorse a line of nail lacquers called Nicole by OPI. 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. In 2014 Kylie launched a line of handbags for Steve Madden. In March 2015 she became the brand ambassador for skincare company Nip + Fab. In June 2015 Kylie and Kendall launched a clothing line with British fashion retailer Topshop. In 2016 Kylie was announced as the new face of PUMA. In 2017 Kylie launched a line of sunglasses with an Australian company called Quay Australia.
Kylie Cosmetics: Kylie's enormous personal fortune comes thanks to her cosmetics empire. She created her first product, a line of lipstick, in August 2015. The "Kylie Lip Kit" was an instant success. She launched a personalized website and app in September 2015. In February 2016 she renamed the company Kylie Cosmetics. As we mentioned previously, while Kylie Cosmetics is clearly very very very successful, we do not yet believe the company's private valuation is high enough to make Kylie a billionaire. Though it should be noted that Kylie Cosmetics has generated more than $700 million in gross revenue. Between June 2016 and June 2017, Kylie earned around $40 million from her various endeavors.
Kylie Jenner Real Estate: Over the years, the youngest of the Kardashian-Jenner sisters has bought and sold a number of houses around Southern California. Her current primary residence is an eight-bedroom, 11-bathroom Cape Code style mansion in Hidden Hills, California which she bought in 2016 for $12 million.
Personal Life: Kylie has been in a relationship with rapper Travis Scott since 2017. They welcomed a daughter in February 2018. She had previously been in a relationship with rapper Tyga between 2014 and 2017.
Kylie Jenner Net Worth Milestones: Celebrity Net Worth first began tracking Kylie's wealth in November 2011. At the time we estimated that the 14 year old had a net worth of $300 thousand. In June 2013 we raised our estimate to $2 million. By mid 2014 her net worth had doubled to $4 million. She first crossed $10 million in July 2016. Kylie's net worth started to sky rocket around mid-2017. In June 2017 we pegged her net worth at $50 million. In July 2018 we raised that number to $200 million. As of 2019 we estimate her fortune at $300 million, much of which is paper-wealth based on the value of Kylie Cosmetics.
|Net Worth:||$300 Million|
|Date of Birth:||Aug 10, 1997 (21 years old)|
|Height:||5 ft 8 in (1.75 m)|
|Profession:||Model, TV Personality, Writer|
|Nationality:||United States of America|