|Born||August 10, 1997|
|Birth name||Kylie Kristen Jenner|
|Net worth||$620 million|
|Source of wealth||Kylie cosmetics|
|Occupation||Media personality, businesswoman|
|Marital Status||In a relationship|
|Education||Diploma, high school|
Kylie Jenner net worth is $620 million according to Forbes estimates. Jenner is a famous socialite and media personality who starred in the reality tv show Keeping Up with the Kardashians from 2010 to 2021. She’s also a model and a businesswoman.
Kylie Jenner is the founder and owner of Kylie Cosmetics which accounts for most of her fortune. She was the highest-paid celebrity in 2020 after pocketing $540 million from the sale of a 51% stake in her cosmetics company. Today, at the age of 24, she’s the 51st richest self-made woman in America and the youngest self-made woman in the country.
In 2019 Jenner was included on the Forbes billionaires list and was named the youngest self-made billionaire at the age of 19. However, after reports emerged that she was lying about how big her cosmetics company was, she was stripped of the billionaire status and is no longer a billionaire.
Nevertheless, with a fortune of $620 million Kylie is still rich. This article talks about her wealth, how she makes and spends her money.
Early life and Education
Kylie Kristen Jenner was born on August 10, 1997, in Los Angeles, California. She’s the youngest member of the Kardashian family. Jenner is the daughter of Kris Jenner, a businesswoman, and Caitlyn Jenner, a former Olympic decathlete.
Jenner attended the Sierra Canyon School, a private prep school in Los Angeles. She then joined a homeschooling program at the age of 14 and graduated with a high school diploma from Laurel Springs School, California in 2015. She began to show an interest in acting while in her prep school. Kylie Jenner has one older sister, Kendall Jenner (26), 4 older half brothers, and 4 older half-sisters.
How does Kylie Jenner make her millions?
According to Newsweek Kylie Jenner reportedly made $450,000 every day or $18,750 per hour in 2018. Since this was years ago, her earnings could be much higher than that. So, how did Kylie Jenner net worth get to over $600 million?
According to wealthy gorilla, Kylie Jenner is the second-wealthiest model in the world after Kim Kardashian. Most of her wealth comes from the sale of a 51% stake in Kylie Cosmetics to Coty for $600 million in January 2019. This subsequently made her top Forbes list of the 100 highest-paid celebrities in 2020.
Kylie Cosmetics is a cosmetics company that Jenner started in 2015. With a $250,000 investment from Keeping Up With The Kardashians, modeling, and endorsements, she released her first batch of 15,000 lip kits. The lip kits which went for about $29 each were literary sold within a minute thanks to her brilliant Instagram marketing.
By 2016 the company’s production had risen from 15,000 kits to over 500,000 kits. I happened to visit the company’s website, kyliecosmetics.com and today it has expanded and sells a huge variety of beauty and skincare products as well as baby products. It’s not clear how much the company makes from the sale of its products but from the lavish lifestyle that Jenner lives, it’s definitely a lucrative business. Kylie Cosmetics is worth between $500 million to about $900 million.
Other Sources of Kylie Jenner Net Worth
Kylie Jenner starred on the reality show, Keeping Up With the Kardashians along with other members of her family from 2010 to 2021. According to Business Insider, the Kardashians renewed their contract with E! for about $150 million in 2017. Kylie Jenner who appeared on the show for 11 seasons, reportedly made $4.5 million a season according to Style Caster. In 2017 she started her own reality tv show, Life of Kylie, a spin-off of Keeping Up With The Kardashians which is also definitely bringing her some dollars.
Kylie has had several lucrative endorsement deals that add to her $620 million fortune. One of her earliest partnerships was in 2013 when she was paid $100,000 by OPI. She has also endorsed companies such as PUMA in 2016, Apple and Balmain in 2017, Quay Australia, Boxycharm, hair vitamin SugarBearHair, Calvin Klein as well as Adidas.
Kylie Jenner is one of the best-paid celebrities on Instagram where she has 318 million followers. According to the current report by HopperHq Kylie pockets about $1.49 million for every post she makes and is the 4th highest-paid celebrity on the platform. Cristiano Ronaldo is the highest-paid Instagram influencer making $1.6 million for every post. The Rock comes in 2nd while Ariana Grande is the third-best paid celebrity on Instagram.
Related: Kim Kardashian’s Net Worth
How does Kylie Jenner spend her millions?
Kylie Jenner net worth is huge and enables her to live a lavish lifestyle. She has an impressive real estate portfolio. Jenner bought her first home in 2015 for $2.6 million when she had just turned 18. She later sold the property for $3.2 million and bought another mansion in Hidden Hills for $12 million. She went on to buy two other neighboring properties, a $6 million mini-mansion and a $4.5 million 5,000 square foot property with the intention to use the latter as her office. Between 2017 and 2018 Kylie sold the $6 million and $4.5 million properties for $6.7 million and $5.3 million respectively.
In 2020 she bought a 15,000 square-feet $36 million property in Holmby Hills, Los Angeles where she lives. It has 7 bedrooms, 14 bathrooms, 2 guest houses, a gym, and a guardhouse. It also has basketball and tennis courts. In the same year, she bought a 5-acre piece of land in Hidden Hills, California for $15 million. She plans to build her dream mega-mansion on the estate. According to Architectural Digest, Kylie also owns a piece of land in La Quinta, California as well as a $13.5 million mansion in Beverly Hills.
She loves cars
Kylie Jenner is a lover of cars, her most expensive one being the Bugatti Chiron which she acquired for $3 million. It comes with a 7-speed dual-clutch transmission and can go from 0 to 60 mph in 2.3 seconds. She owns a rare black Ferrari LaFerrari worth about $1.4 million, with only 500 of them made worldwide. The Ferrari was a gift from Travis Scott after the birth of their first child, Stormi. She also owns a $320,000 Ferrari 458 Spider which she received as a gift from her then-boyfriend Tyga during her 18th birthday.
Other vehicles in her $10 million car collection include a Rolls-Royce Cullinan worth $480,000, a $320,000 rolls Royce Ghost, a rare orange Lamborghini Aventador SV Roadster that costs about $400,000 (only 500 of them were made), and a Rolls Royce Phantom that comes with a 6.75-Litre Twin Turbo V12 engine. She bought the car in 2019 for about $465,000.
In 2016, she donated $159,000 to Smile Train to cater for surgeries of 600 children. Smile Train is a charity that sponsors surgery for children with cleft lips and palates. She donated $500,000 in 2017 to Teen Cancer America which partners with hospitals throughout the U.S to develop specialized facilities and services for young adults and teens with cancer.
In 2019, she donated $750,000 to Nest of Love, a feminist institution that coaches young women and advocates for the empowerment of women. The following year, she gave $1 million to several corporations in Australia to help them handle bushfires. She also donated $1 million worth of protective gear to American frontline health workers during the Covid-19 pandemic.
Also read: Billionaires who dropped out of college
Kylie Jenner is currently dating Travis Scott. They have 2 children, Stormi Webster (born in Feb 2018) and Wolf Wester (born Feb 2022). Kylie and Scott have been dating since 2017. They had broken up in 2019 but reunited after quarantining together during the Covid-19 pandemic. Before Travis Scott, Jenner had been in a relationship with Tyga whom she dated from 2015 (when she turned 18) to April 2017.
Jordyn Woods was Kylie Jenner’s best friend until 2019 when Woods allegedly cheated with Tristan Thompson. Tristian was the then-boyfriend to Khloe Kardashian, Jenner’s half-sister. Jordyn even appeared on Kylie’s first pregnancy video in 2018 and her reality television show, Life of Kylie.
With 318 million followers, Kylie is the second-most followed person on Instagram. Cristiano Ronaldo leads with 411 million followers. She’s also the most followed woman and American on the social media platform.
Kylie Jenner has a great passion for modeling. Some of her best friends are Anastasia Karanikolaou and Harry Hudson. According to an article by fandom.com, her favorite foods are Mexican meals, Pomegranate and Sushi. The Time Traveler’s Wife (2009) is her favorite movie while The Vampire Diaries and American Horror Story are her best tv shows. “Daddy Lessons” by Beyonce and “1Night” by Lil Yachty are some of her favorite tracks.
Kylie Jenner net worth is estimated to be about $620 million. Jenner is the youngest member of the Kardashian family and one of the richest self-made women in the United States. She has built her wealth from acting, modeling, social media, and Kylie Cosmetics.
Finally here are some quotes from Kylie Jenner.
- The more people love you, the more there’s going to be people that hate you.
- I don’t really follow trends – I don’t like wearing what other people are wearing. I just like to be original!
- Every time I start to get worked up over something, I just think to myself, ‘Is this really going to matter in my life tomorrow, in an hour, in a year?’ You just can’t get stressed about the little things ’cause it’s just not worth it at the end of the day.
- If you’re different, or if you think something about you is just weird and out of the ordinary, I just think that’s so dope.
- I’ve realized through the years that I just find happiness in other things, whether it’s my dogs or my friends or, like, looking at the sunset. So, if I were to wish for something else, it would just to be happy all the time, to have a superpower of not letting things affect me, and to be true to who I am, always.
- I wake up every morning at, like, seven or eight because I think that there’s a bad story about me, and I have to check. My worst fear is waking up and finding something bad about me on the Internet.
- I just want to inspire my fans to be whoever they want to be, because that’s what I’ve always done.
- When I’m, like, 30, I want to go off the map, have a family and live in Malibu with a farm, and just raise my own chickens.
- I feel like, growing up, I haven’t had a lot of room for error – I don’t have room to make mistakes. You need to make mistakes to grow and learn, but I’m just a little different because the world is watching me, every single thing I do.