Kylie Jenner is 22 years old, and her greatness began with a $29 lip kit, a television reality show, and having been from a prominent family whose members are wealthy socialites and public figures on the television. She is identified as the world’s youngest self-made billionaire. Her net worth had been estimated to be $1 billion, despite now being considered bankrupt. Currently, her only net worth is around $900 million. Kylie’s journey to richness started with dabbled sponsorships, production of a failed fiction book, and becoming a cosmetic queen with a mansion worth $36.5 million.
Kylie Jenner started Kylie Cosmetics in 2015 when she was 17 years old after admitting to using injections. Kris Jenner identified this as an opportunity to make money off her clan and use it to create a scandal. Kylie’s cosmetics begun as a simple online operation that sold “Kylie Lip Kit” for $29. Available units at that time were 15,000, according to Fortune. Later on, Kylie and her PR team excited them up, and due to the scarcity of their products, everything got sold out.
Therefore, one of the most notable holiday collections was in 2016, whereby they sold almost $19 million in a day.
Some Important Information On How Her Business Grew: Kylie Jenner
Kylie’s Cosmetics kept growing day by day, and thus, by 2018, her business was expected to have hit a billion-dollar company by 2022, which is seven years after its founding.
A report made by WWD indicated that it took Estée Lauder Cos. Inc. -owned Tom Ford Beauty 10 years to earn $500 million, Bobbi Brown took 25 years to hit $1 billion earnings in 2016. It took L’Oréal’s Lancôme 80 years to hit 1 billion dollars in 2015. Hence, these reports make Kylie appear prosperous. However, what WWD reported was supplied by the Kardashians and were the same digits Kris and her PR army attempted to pass off to Forbes.
Kylie’s Earnings As Reported By Forbes
Kylie was ranked the second-best on Forbes’s 2016 Top Earnings Reality Stars List at the age of 19. She was ranked in $18 million Stars List but 20% of this was believed to be a contribution made by her sponsors. Thus together, they pulled in $122.5 million. Kylie and her PR wanted Forbes to report Kylie’s earnings as to be over $250 million. Which could have earned her the first-place on Forbes’ Celebrity 100 list in 2017. Forbes said Kylie made $41 million instead.
- Ways On How She Made Loads Of Cash From Her Cosmetics
In 2019, Kylies Cosmetics had a value of $900 million, according to Forbes, and when it was actually sold out, it’s appreciated to over $1.2 billion. In 2019, Coty Inc purchased a 51 percent controlling share from Kylie’s Cosmetics. The company paid $600 million, and Kylie pocketed approximately $340 million of that amount.
Approximate Net Worth Of Kylie’s Cosmetics: Kylie Jenner
According to research conducted by Coty, it was revealed that Kylie’s Cosmetics had only made $177 in 12 months before it was sold out in 2018 for over $125 million.
“Keeping Up With the Kardashians”- Everything You Should Know
The network of the Kardashians’ show has been going on for 14 seasons, and it’s not clear how much Kylie makes from the show. But it is anticipated that she made up to $80 million in the three seasons of KWTK in a 2015 deal.
Kylie Jenner- Kylie’s Show
The show “Life of Kylie” started in 2019. However, the show drew disappointing reviews and viewership. Hence the show was only aired for eight seasons, and though it wasn’t legally banned, it isn’t coming back.
Kylie owns numerous lucrative cars that are parked in the driveways of her mansions. Such vehicles include; a $3 million Bugatti Chiron, a $418,000, Lamborghini Aventador. $2.2 million LaFerrari Aperta, a Mercedes G-Wagon worth $130,900, a $200,000 Maybach and a Rolls-Royce Wraith worth $320, 00.
The above illustrations indicate that Kylie is the most potent Kardashian. Additionally, she owns a mobile app, has an enormous following in all her social media platforms. She also owns a private jet with an anticipated worth of between $3 million to $90 million.