Kylie Jenner’s full name is Kylie Kristen Jenner, an American model, socialite, entrepreneur, and television personality.
The model featured in the E! reality television show named Keeping Up with the Kardashians from 2007 to 2021. She also established and owns a cosmetic company named Kylie Cosmetics in 2014.
What Is Kylie Jenner’s Net Worth?
Kylie has an estimated net worth of $700 million according to Celebrity Net Worth. She has annual earnings of nearly $40 to $100 million with her several endeavors.
The main source of her majority earning is from her cosmetic company. She sold a 51 percent stake of her company to Coty Inc. in November 2019 for consideration of $600 million at a company valuation of $1.2 billion.
But that value drastically fell as of May 2020. No doubt that she had after-tax earnings of nearly $340 million from the sale but the value of her 45 percent stake has declined remarkably.
Forbes had once named Kylie the “youngest self-made billionaire” in the world but the statement was changed later claiming Kylie provided false financial information.
Forbes was compelled to pen a retraction article on May 29, 2020, titled “Inside Kylie Jenner’s Web of Lies – And Why She’s No Longer a Billionaire”
In that piece, finally, the confession was made by Forbes that their entire information was absolutely incorrect. All their headlines and magazine covers were false and just based on lies and/or total misrepresentations. In that May 2020 Forbes retraction, it mentioned:
“Then there were Kylie’s financials. Revenues over a 12-month period preceding the deal: $177 million, according to the Coty presentation—far lower than the published estimates at the time.
More problematic, Coty said that sales were up 40% from 2018, meaning the business only generated about $125 million that year, nowhere near the $360 million the Jenners had led Forbes to believe.
Kylie’s skincare line, which launched in May 2019, did $100 million in revenues in its first month and a half, Kylie’s reps told us. The filings show the line was actually “on track” to finish the year with just $25 million in sales.”
Forbes further added, “Data from e-commerce firm Rakuten, which tracks a select number of receipts, suggests there was a 62% decline in Kylie’s online sales between 2016 and 2018.”
“The business was never that big, to begin with, and the Jenners have lied about it every year since 2016—including having their accountant draft tax returns with false numbers—to help juice Forbes’ estimates of Kylie’s earnings and net worth.
While we can’t prove that those documents were fake (though it’s likely), it’s clear that Kylie’s camp has been lying.”
Currently, her primary house is a massive mansion that consists of eight bedrooms, eleven bathrooms situated in Hidden Hills, California. In 2016, Jenner purchased that mansion for consideration of $12 million.
Kylie Jenner was born in Los Angeles, California on August 10, 1997, and she is the youngest daughter of Caitlyn Jenner and Kris Jenner.
Her father is the former Olympic decathlete champion (previously known as Bruce Jenner) whereas her mother is a television personality and an entrepreneur. She also has an elder sister named Kendall Jenner and 8 elder half-siblings.
She went to Sierra Canyon School and was also a member of the cheerleading team there. She asserts that she performed in plays when she was attending school, including community plays.
She chose homeschooling in 2012, and took admitted to an at-home education program in July 2015, she completed her graduation with a high school diploma from Laurel Springs School in Ojai, California.
Jenner was in a relationship with Tyga and they made the official announcement of their relationship when she turned eighteen. Later, both of them were featured in two music videos by Tyga: “Stimulated” and “Dope’d Up”. The couple parted ways in April 2017.
She first appeared with Travis Scott in April 2017 at Coachella and the couple welcomed their first child on February 1, 2018. They named their daughter Stormi Webster. Later, she made an appearance in the music video for “Stop Trying to Be God”, which is from Scott’s third studio album Astroworld.
In September 2018, Kylie and Scott parted their ways but during the coronavirus pandemic the duo quarantined together for their daughter eventually they resolved their differences and they announced that they are expecting their second child. On February 2, 2022, Jenner and Scott welcomed a son named Wolf Webster.
With the Sears clothing brand named “Crush Your Style”, Jenner’s modeling career began. Later, she also appeared in many photo shoots for publications such as OK! Magazine and Teen Vogue.
In September 2011, Jenner debuted her catwalk at New York’s Fashion Week. Her family members attended the show and were cheering for their youngest sister.
Though definitely, it was an important and really special moment for her and that must have made her feel nervous but she just didn’t let it appear on her face, and triumphed the catwalk, wearing Abbey Dawn’s black ballerina-style outfit.
She followed in the footsteps of her big sister Kendall and got various opportunities related to modeling from many companies along with Australian swimwear designer White Sands.
In 2010, Kylie Jenner appeared along with her elder sister in People magazine’s beautiful people article. In Los Angeles, she hosted red-carpet events for Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 together with Kendall.
On March 12, 2012, this sister duo also did an interview in the Bing Box at The Hunger Games premiere.
Kylie Jenner and her elder sister, Kendall, the duo made earnings of $100,000 in 2013 in order to promote a brand of nail lacquers named Nicole by OPI. Both of them also released a science fiction novel titled Rebels: the City of Indra, the story of which revolves around 2 girls who have superpowers and set out on a journey.
In 2014, when Kylie and her sister Kendall co-hosted the Much Music Video Awards, Kylie debuted her acting in a promo for the show finally. In the same year, she introduced a series of handbags for Steve Madden.
A skincare brand named Nip + Fab appointed Kylie as the brand ambassador in March 2015. In June same year, Kylie, together with her sister Kendall, introduced a clothing brand with British fashion retailer Topshop.
In 2016, she became the new face of PUMA. In the subsequent year, she introduced a series of sunglasses with an Australian company named Quay Australia.
We will keep you updated with all the latest information until then stay tuned to our website.