Kylie Jenner Net Worth (Money, Salary, Assets)

Exploring Kylie Jenner’s Wealth and Income Sources

Kylie Jenner, a prominent figure in the American modeling, reality television, and cosmetics industries, boasts a staggering net worth of $700 million. Annually, she earns between $40 million to $100 million from various ventures. The bulk of her fortune stems from her successful company, Kylie Cosmetics. Notably, in November 2019, she sold a 51% stake in her business to Coty Inc. for $600 million, valuing her company at $1.2 billion. Despite the initial high valuation, there was a subsequent decrease in the company’s worth post-sale. It’s estimated that Kylie earned around $340 million post-tax from the transaction. She also made significant personal purchases, including several mansions and a private jet, totaling $130 million in the same period.

Evolution of Kylie Jenner’s Net Worth

The assessment of Kylie’s net worth by Celebrity Net Worth began in November 2011 at $300,000 when she was just 14 years old. By June 2013, the estimation had grown to $2 million, reaching $4 million by mid-2014. She surpassed the $10 million mark in July 2016.

From mid-2017 onwards, her net worth experienced significant growth. Estimates placed it at $50 million in June 2017 and soared to $200 million by July 2018. By mid-2019, her wealth was approximated at $300-400 million primarily attributable to her stake in Kylie Cosmetics. Her net worth closed at $650 million in 2020, $700 million in 2021, and $750 million in 2022.

Exploring Kylie Jenner’s Early Life

Kylie Jenner was born on August 10, 1997, in Los Angeles, California, as the youngest daughter of Kris and Caitlyn Jenner. Her family includes notable figures such as Kim Kardashian, Kendall Jenner, and other well-known personalities. Growing up amidst the fame of “Keeping Up with the Kardashians,” Kylie was initially a regular pre-teen before transitioning to homeschooling in 2012 and eventually graduating high school in July 2015.

The Billionaire Controversy

Forbes initially declared Kylie Jenner a billionaire in 2019 following the sale of a portion of her cosmetics company. However, they later retracted the statement, alleging misinformation about her financial standing. The sale to Coty Inc. and its subsequent repercussions raised questions about valuation and the legitimacy of her billionaire status. Despite this, Kylie remains a prominent and wealthy figure in the industry.

As per the revised information, her post-tax earnings from the sale were estimated to be around $300 million. The deal’s finalization and structure are crucial to determining her actual financial gains. The Forbes retraction in May 2020 highlighted inconsistencies in the reported figures, leading to a reassessment of Kylie’s financial narrative.

Kylie Jenner’s accountants seem to have been managing her finances during the turbulent times in her career. The history behind Kylie’s wealth estimates is rather intriguing. Back in mid-2018, there was a significant disparity in the reported net worth figures by various sources. Forbes projected her wealth to be around $900 million, mainly based on the success of Kylie Cosmetics. However, there were doubts about the accuracy of these numbers, with CelebrityNetWorth estimating a much lower figure of $150-$200 million. Forbes later had to retract their statements in May 2020, admitting that their initial assessments were incorrect. The reality was far from what was initially reported – Kylie’s actual revenue and sales numbers were significantly lower than what was previously claimed. This revelation shook the foundations of the public perception of Kylie’s financial status. Despite the discrepancies in her estimated wealth, Kylie did indeed make a substantial sum from the sale of a portion of her stake in Coty. The deal wasn’t without its consequences, as Coty’s stock price took a major hit post-acquisition, leading to a significant decline in value. This turn of events had implications not just for Coty but also potentially for Kylie’s remaining stake in the brand. The intricacies of Kylie Jenner’s financial journey highlight the complexities of celebrity wealth and the importance of accurate financial reporting. The saga surrounding her net worth serves as a cautionary tale about the blurred lines between perception and reality in the realm of high-profile finances.

Kylie Jenner Net Worth (Getty Images)

Early Career Success and Endorsements

Kylie Jenner’s modeling journey took a significant leap with her involvement in the Sears clothing line “Crush Your Style.” She has graced numerous photo shoots for publications like OK! Magazine and Teen Vogue. Marking a milestone, Kylie Jenner walked the catwalk at New York’s Fashion Week in September 2011, an event where her family members enthusiastically supported her from the front row.

Stepping into the limelight, Jenner mirrored her sister Kendall’s success by securing modeling contracts with various brands, such as White Sands, an Australian swimwear designer. Both Kylie and Kendall captured attention by co-hosting red-carpet events. They even co-authored a science fiction novel titled Rebels: City of Indra, delving into a thrilling narrative of empowerment and adventure.

Furthering her entrepreneurial pursuits, Kylie ventured into collaborations with iconic brands like Steve Madden and became a brand ambassador for Nip + Fab, highlighting her influence in the fashion and beauty industry.

Kylie Cosmetics

Turning towards the world of beauty, Kylie Jenner revolutionized the industry with the launch of her cosmetics empire. The introduction of her first product, the “Kylie Lip Kit,” garnered immense success upon its release in August 2015. This milestone venture laid the foundation for her subsequent successes in the beauty sector.

Kylie Jenner Real Estate

Delving into the realm of real estate, Kylie Jenner has acquired and sold several lavish properties in Southern California, elevating her stature in the realm of luxury homeownership.

Calabasas: Kylie’s homeownership journey began at a young age when, at 17, she purchased a mansion in The Oaks, an exclusive gated community in Calabasas. This property marked the initial foundation of her real estate portfolio, displaying her early affinity for luxurious living.

Hidden Hills: Currently, Kylie’s primary residence stands as an opulent Cape Cod-style mansion in Hidden Hills, housing numerous bedrooms and bathrooms, embodying her penchant for upscale living spaces.

In an ambitious move, Kylie expanded her real estate holdings by acquiring a vacant lot in Hidden Hills in 2020, emphasizing her intention to curate bespoke living spaces reflective of her lavish lifestyle and design preferences.

Diversifying her real estate portfolio, Kylie invested in properties in Beverly Hills, La Quinta, and Holmby Hills, solidifying her reputation as a discerning and prolific real estate investor.

Monthly Expenses

Reports suggest that Kylie Jenner’s extravagant lifestyle is evident in her monthly expenditures, which encompass extravagant spending on designer clothes and luxury items for herself and her daughter. Additionally, her substantial property investments entail substantial monthly expenses in the form of property taxes, reflecting her commitment to maintaining a lavish lifestyle.

Private Jet + “Climate Criminal”

Embracing a luxurious lifestyle, Kylie’s acquisition of a private jet signifies her penchant for opulence and convenience. However, her utilization of the jet for short and unnecessary flights has drawn criticism, leading to her being labeled as a “Climate Criminal.” Critiques highlight the disparity between her lifestyle choices and her public image, prompting discussions on sustainability and responsibility.

Personal Life

Kylie’s personal life has been punctuated by high-profile relationships with artists like Travis Scott and Tyga, capturing public fascination. Her journey into motherhood and her dynamic personal relationships have added layers to her public persona, contributing to her status as a prominent cultural figure.

Summary

Reflecting on Kylie Jenner’s remarkable journey, her net worth of $750 million underscores her entrepreneurial acumen and influence in the realms of fashion, beauty, and real estate. Continuously expanding her empire, Kylie’s trajectory highlights her as a contemporary icon of success and luxury.

REFERENCES:

These statistics were taken from various sources around the world (worldwide) including these countries:

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America), US Minor Outlying Islands, Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.

Data is coming from all regions including Africa, Asia, Europe, North America, South America, Ireland, Wales, Scotland, and Northern Ireland and from people of different backgrounds (Arab, Arabic, African, Asian, Latin, Latino, Latina, Male, Men, Female, Women, Black, Causasian and more).

Stats are from 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050.

Stats were also taken from these US cities and states:

CITIES:

New York (NYC), Los Angeles (LA), Chicago, Houston, Phoenix, Philadelphia, San Antonio, San Diego, Dallas, San Jose, Austin, Jacksonville, Fort Worth, Columbus, Charlotte, San Francisco, Indianapolis, Seattle, Denver, Washington, Boston, El Paso, Nashville, Detroit, Oklahoma City, Portland, Las Vegas, Memphis, Louisville, Baltimore, Milwaukee, Albuquerque, Tucson, Fresno, Mesa, Sacramento, Atlanta, Kansas City, Colorado Springs, Miami, Raleigh, Omaha, Long Beach, Virginia Beach, Oakland, Minneapolis, Tulsa, Tampa, Arlington, New Orleans, Wichita, Cleveland, Bakersfield, Aurora, Anaheim, Honolulu, Santa Ana, Riverside, Corpus Christi, Lexington, Henderson, Stockton, Saint Paul, Cincinnati, St. Louis, Pittsburgh, Greensboro, Lincoln, Anchorage, Plano, Orlando, Irvine, Newark, Durham, Chula Vista, Toledo, Fort Wayne, St. Petersburg, Laredo, Jersey City, Chandler, Madison, Lubbock, Scottsdale, Reno, Buffalo, Gilbert, Glendale, North Las Vegas, Winston-Salem, Chesapeake, Norfolk, Fremont, Garland, Irving, Hialeah, Richmond, Boise, Spokane, Baton Rouge.

STATES:

Alabama AL, Alaska AK, Arizona AZ, Arkansas AR, California CA, Colorado CO, Connecticut CT, Delaware DE, Florida FL, Georgia GA, Hawaii HI, Idaho ID, Illinois IL, Indiana IN, Iowa IA, Kansas KS, Kentucky KY, Louisiana LA, Maine ME, Maryland MD, Massachusetts MA, Michigan MI, Minnesota MN, Mississippi MS, Missouri MO, Montana MT, Nebraska NE, Nevada NV, New Hampshire NH, New Jersey NJ, New Mexico NM, New York NY, North Carolina NC, North Dakota ND, Ohio OH, Oklahoma OK, Oregon OR, Pennsylvania PA, Rhode Island RI, South Carolina SC, South Dakota SD, Tennessee TN, Texas TX, Utah UT, Vermont VT, Virginia VA, Washington WA, West Virginia WV, Wisconsin WI, Wyoming WY.