Kylie Jenner, a self-made billionaire lad, a goddess of beauty, and a most-followed personality on social media has an eye-watering net worth of $680 million. She is the youngest member of the Kardashian-Jenner family. She is the second richest member of the Kardashian after her half-sister Kim Kardashian.
Kylie's substantial source of wealth is her successful beauty brand - Kylie Cosmetics. She has a multi-million dollar real estate portfolio and lucrative brand endorsement deals. Building a massive net worth at such a young age has been nothing short of remarkable. If you’re interested in how Kylie’s net worth surged into 8 figures, get the scoop on everything with us!
Table of Contents
- Quick Kylie Jenner Biography
- Kylie Jenner's Early Life & Her Journey Toward Stardom
- The Rise Of Kylie Jenner As A Youngest Self-Made Billionaire
- Breaking Down Kylie Jenner's Overall Net Worth In 2024
- Kylie's Key Milestones
- Future Prospects
- Kylie Jenner & Forbes Controversy
- Frequently Asked Questions
- Conclusion
Quick Kylie Jenner Biography
| Attributes | Details |
|---|---|
| Full Name | Kylie Kristen Jenner |
| Age | 26 |
| Birth Day | August 10, 1997 |
| Birth Place | Los Angeles, California, USA |
| Height | 5 ft 6 inches (1.68 m) |
| Children | Stormi Webster |
| Partner | Travis Scott |
| Nationality | American |
| Zodiac Sign | Leo |
| Source of Wealth | Social Media, Kylie Cosmetics & Modelling |
| Net Worth | $680 Million |
| Social Media Handle | @kyliejenner (Instagram & Twitter) |
Kylie Jenner's Early Life & Her Journey Toward Stardom
Early Childhood
The Instagram Diva, Kylie Kristen Jenner was born on August 10, 1997, in Los Angeles, California. She is the youngest daughter of Kris Jenner and Caitlyn Jenner, a former Olympic athlete previously known as Bruce Jenner, and also the youngest member of the extended Kardashian-Jenner family.
She has a sister Kendall Jenner along with other half-sisters such as Kim Kardashian, Khloe Kardashian, and 5 others. Kylie Jenner gained her early education at the Sierra Canyon School, and later on she moved to a homeschooling program in 2012. She earned her high school diploma from Laurel Springs School in July 2015.
Keeping Up With The Kardashians & Kylie's Media Breakthrough
She stepped into the world of media entertainment with the TV reality show Keeping Up With The Kardashians on E. The show gained immense popularity in its debut season and became the most-viewed E! series on Sundays. The KUWTK instant success of this show laid a strong foundation for Kylie to pursue her career in media. The show's first season came in 2007 and in 2021, the last season premiered. According to a report, each star was paid almost $900,000 per episode.
Early Career Success
Kylie made her move into a modeling career which hiked up with the Sears clothing line “Crush Your Style”. The show hyped also helped her feature in photoshoots for different magazines like OK! And Teen Vogue. Kylie Jenner also made her catwalk debut in September 2011 at New York Fashion Week. She also got a huge spotlight after being featured in a People Magazine Beautiful article with her big heart in 2010.
Kylie and her sister Kendall Jenner hosted many famous events and film releases such as Glee: The 3D Concert Movie and The Vow. Moreover, Kylie and Kendall Jenner also became involved in other ventures such as co-authoring a science fiction novel Rebels: City of Indra, and emerging in music videos for some artists like Jayden Smith. She started her acting career in 2014 by debuting in a Much Music Video Awards.
All the fame and popularity were nothing in front of the success and fame, she received from her beauty venture, Kylie Cosmetics. She received the biggest breakthrough of her life in 2014 with her Kylie Cosmetic business venture.
The Rise Of Kylie Jenner As A Youngest Self-Made Billionaire
Kylie Cosmetics
The popularity Kylie gained from her modeling and entertainment career was not enough for her. She wanted to achieve something beyond her family name and on her own. So, at the very young age of 17, she started her first individual venture, Kylie Cosmetics, accompanied by her mother. The brand started with three liquid lipsticks named Kylie Lip Kits in 2015. The venture came into existence with the partnership of Seed Beauty.
The Kylie Lip Kits came out as a huge success with all the shades sold out in just a few minutes. After seeing the success and popularity of Kylie Lip Kits, the company doubled its manufacturing capacity in February 2016. It is reported that with its first 18 years of operations, it almost produced a revenue of $420 million.
Relevant Reading: Logan Paul's Net Worth
Kylie Cosmetics Major Collaborations
Kylie Cosmetics made its first collaboration deal with Khloe Kardashian named Koko x Kylie collection in November 2016. The collaboration came out as a huge success. After considering the success, the company increased the stock and launched a holiday collection on November 21. The brand received its biggest sale yet, generating almost $19 million only in 24 hours.
The brand ran its second collaboration with Kim Kardashian by launching a lipstick line creme lipstick collection. The brand generated almost $13.5 million in revenue in April 2017. After this, she made many other partnership deals including TopShop and collaboration deals with her mother Kris Jenner, and her sisters. In July 2018, Forbes added Kylie Jenner to the list of America’s Richest Self-Made Women, making her the first youngest person to do so. Her net worth was estimated to be at $900 million then.
Kylie Cosmetics & Coty
She expanded her brand in retail by making a partnership deal with Ulta Beauty in November 2018. The company's total net worth at the end of this financial year was summed up at $900 million, generating annual revenue of around $360 million. After this, Jenner launched her brand into skincare and fragrances in September 2019.
In November 2019, Coty Inc. bought a 50% majority stake in Kylie Cosmetics in a deal worth $600 million. The deal increased the company's valuation to $1.2 billion, pushing Kylie's net worth over the one billion dollar landmark. Well, the billion-dollar mark didn't remain for much time as Coty reported that Kylie's business was less profitable than what she publicly told. Meanwhile, the company recalculated its total worth and revised it to $ 900 million, thus removing her from the billionaire’s status.
In August 2021, Kylie expanded her business venture by launching new product lines including a swimwear line and baby skincare product line, Kylie Swin and Kylie Baby.
Fun Fact: Very first before starting the venture, Kylie trademarked the phrase “Kylie Lip Kits for the perfect pout”.
Breaking Down Kylie Jenner's Overall Net Worth In 2024
Kylie Jenner's net worth always remained skeptical but as of today, her net worth is estimated at $680-700 million. A substantial portion of Kylie Jenner's net worth comes from her beauty brand, Kylie Cosmetics. Apart from the venture, she has diverse real estate investments and massive brand sponsorship earnings.
Kylie Cosmetics Earnings
Kylie’s cosmetics brand contributed a major portion of Kylie’s total worth. The brand laid a foundation for her to start other ventures including a swimwear line and baby skin product. According to a rough estimation, she earns almost $100 million annually from her beauty venture. She also sold a significant portion of her beauty brand to Coty Inc. for $600 million, surging her net worth considerably.
Real Estate Portfolio
Apart from the successful entrepreneur and social media queen, Kylie Jenner is also a real estate freak. She had built a vast real estate portfolio worth $80 million including luxury houses, mansions, and other properties. Let's see how she built an empire over the period.
2015
Kylie was just 18 years old when she bought her first property in Calabasas. It was a Tuscan-style mansion that she purchased for $2.7 million. The mansion was 4,851 square feet and consisted of six bedrooms and six bathrooms. The monochromatic theme was followed all out. However, she didn't hold on to this property for long, selling it for $3.2 million in 2017.
2016
In 2016, she bought a starter home beside her mother Kris Jenner, and sister Kim Kardashian for $6 million in Hidden Hills. The home was 7,000 square feet and had six bedrooms and seven bathrooms in addition to a four-car garage, a cavernous walk-in closet, a home theatre, and a wine bar. But again after some time, she sold the mansion for $6.7 million in 2018.
It was reported that after purchasing her first property in Hidden Hills, she also bought a second home measuring 5,200 square feet. She reported that the home was purchased for office work for her brand. She also sold this home for $5.3 million, only after a year. Meanwhile, she invested $12 million in another Cap-Cod style mansion and her third Hidden Hills property. The mansion is situated on 1.4 acres with a holly-wood-inspired living room, fur bed covers in bedrooms, and a plush and gold-leafed ceiling in the dining room. The interesting part is Kylie still has this home.
2017
In 2017, she owned a 1.37-acre land next to her mansion for $5 million. The land remained vacant for many years and was converted into a barn for horses and planting gardens. Ultimately, one year later she sold the land for $5.5 million.
2018
In 2018, Kylie and her partner Travis Scott bought a mansion together in Beverly Hills for $13.5 million. The pad was built in 1971 and underwent a complete renovation in 2016. The mansion was built on 9,860 square feet and comprised of six bedrooms and nine bathrooms spread across two floors. In 2022, the couple listed the home for $21 million.
2019
Well, if you’re a fan of the Kardashian-Jenner clan, you must know that Palm Springs has a special place in their hearts. In 2019, a trust linked to Kylie reportedly paid $3.25 million for an undeveloped plot in La Quinta’s premium Madison Club enclave. Some reports showed that the plot was under construction for a 15,000-square-foot home in late 2022 and is currently complete.
2020
In 2020, she purchased several expensive properties including a completely new resort in Holmby Hills. The modern property is spread across 0.83 acres and includes a beautifully constructed 15,350 square feet single-story house. It is Kylie’s one of the principal homes. In the same year, she also paid $15 million to buy a 5-acre land in Hidden Hills to construct a new abode.
The table represents a glimpse of Kylie's real estate purchases:
| Real Estate Investments | Purchase Amount | Selling Amount |
|---|---|---|
| Calabasas House | $2.7 million | $3.15 million |
| Hidden Hills Mansion 1 | $6.03 million | $6.7 million |
| Hidden Hills Mansion 2 | $4.5 million | $5.26 million |
| Hidden Hills Mansion 3 | $12.5 million | |
| Hidden Hills Land | $5 million | $5.35 million |
| Beverly Hills Mansion | $13.45 million | |
| Madison Golf Community Land | $3.25 million | |
| Hidden Hills Land 2 | $15 million | |
| Holmby Hills Resort | $36 million |
Jenner is one of the most influential celebrities on social media with over 370 million followers on Instagram. She earned a significant amount from brand sponsorships and endorsement deals. According to some reports, she takes almost $1 million for each post on Instagram, contributing significantly to Kylie Jenner's net worth.
Kylie's Key Milestones
- In 2011, Kylie’s net worth came into the spotlight after her TV reality show appearance, and afterward, the media started tracking her net worth. At the age of 14, her total worth was $300 thousand, the first ever child to hit this mark.
- Subsequently, in June 2013, her total worth surged to $2 million which doubled in 2014.
- In July 2016, she crossed the mark of $10 million.
- She received her biggest breakthrough in mid-2017 and her net worth was boosted to $50 million.
- Her successful business venture skyrocketed her worth up to $200 in 2018.
- In 2019, her estimated fortune reached $300-400 million with a majority of the wealth coming from the Kylie Cosmetics.
- Kylie's current net worth is somewhere between $680- $700 million according to Forbes.
Kylie's Net Worth Over the Years
The graph represents Kylie’s fortune over the time:
| Year | Estimated 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 | $500,000,000 |
| 2020-24 | $680 - $700,000,000 |
Kylie Jenner's Luxury Acquisitions
Whether that’s renting a $200 million yacht or having a luxury trip on her $73 million private jet, Kylie loves to spend on her luxury lifestyle. Apart from luxury mansions, she holds several other luxury purchases.
1- Luxury Cars
The social media diva owned a wide collection of luxury cars including a Buggati Chiron, Roll Royces, a Ferrari, and a Land Rover, too much for only a 25-year-old.
2- Premium Birkin Bags & Jewelleries
She also has a wide collection of Hermes Birkin bags known for their high price tag and limited edition. She also has an extensive collection of luxury jewelry items such as diamonds rings, necklaces, and watches.
3- Private Jet
Kylie owns a private jet which she has customized for personal and business trips. She bought the jet for $73 million.
Future Prospects
Kylie's entrepreneurial journey took off from a very young age and considering her success it is not wrong to say that it is just the beginning. With her successful venture and sponsorship, her net worth will continue to boost in the coming years. Generally, here are some future outlooks that she might consider pursuing:
- Brand Expansion - She can look forward to expanding her cosmetic brand and launching different product lines. Moreover, she can also make profitable collaboration deals with famous brands.
- Real Estate Investments - She might invest in other properties and ventures. She had a background of strong purchases, so she could invest her money in other expensive properties.
- Social Media Endorsement Deals - Social media is her prime source of earning. She can earn millions from social media sponsor posts which predominately increase her net worth in the future.
Kylie Jenner & Forbes Controversy
Kylie's Jenner net worth was highlighted when Forbes wrote an article on her net worth showcasing her as a billionaire. The controversy spiked up later when Forbes again wrote an article claiming that her net worth was an exaggeration by Kylie’s Jenner.
In 2019, Forbes named Kylie Jenner as the first ever self-made youngest billionaire with a net worth of a staggering $900 million. However, Forbes did research and pointed out that from the market analyses, there is a disparity between what she told and what she earned. According to it, Jenner told that Kylie Cosmetics made $360 million in revenue which Forbes estimated to be closer to $125 million. In May 2020, Forbes generated an article titled "Inside Kylie Jenner's Web of Lies & Why She's No Longer a Billionaire".
The controversy was fueled by Coty's deals with Kylie Cosmetics which was settled on $600 million for a 51% majority stake. The company was valued at $1.2 million which according to some analysts was too high based on company earnings. However, the inflated value sparked a controversial debate, and in response to this Kylie responded in a tweet. She said that she never asked for any title or tried to inflate the worth. She also questioned Forbes's accuracy and said that her current focus was her business and family, not net worth, expressing utter disappointment.
Frequently Asked Questions
Who Is More Rich Kim Kardashian Or Kylie Jenner?
Currently, Kim Kardashian has a total net worth of $1.7 billion leading from Kylie Jenner who is at $680 million of worth. Both are considered the richest members of the Kardashian-Jenner clan.
Who Is The Richest Kardashian In Order?
Well, here is the positioning of Kardashians to the worth they have:
- Kim Kardashian: $1.7 Billion
- Kylie Jenner: $680 million
- Kris Jenner: $170 million
- Kourtney Kardashian: $65 million
- Khloe Kardashian: $60 million
- Kendall Jenner: $60 million
- Caitlyn Jenner: $25 million
- Rob Kardashian Jr: $10 million
- Burt Jenner: $10 million
- Branson Jenner: $2.5 million
What Is The Net Worth Of Kylie Jenner In Rupees?
According to estimation, Kylie Jenner's net worth in rupees is approximately 5,530 crores.
Who Is Kylie Jenner's Husband?
Kylie Jenner's partner is Travis Scott. They met in April 2017 at Coachella and their relationship has remained on and off since then. They both have two children together.
Who Owns Kylie Cosmetics?
Kylie Cosmetics is owned by Kylie Jenner, the youngest member of the Kardashian-Jenner family. The company started in 2015 by launching three liquid lipsticks, Kylie Lip Kit. In 2020, the brand sold its 51% stake to Coty Inc. in a deal worth $600 million.
Conclusion
A social media queen and cosmetics diva, Kylie, achieved a great deal since she made her first TV appearance on KUWTK. Kylie Jenner’s net worth is estimated at $680, which shows how social media power influences the creation of a brand empire. She is always a trendsetter but apart from that, she also set an example to empower women around the globe. From just merely a member of the Kardashian family to the world’s most influential figure, her journey has been incredible!
