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Additional reading: How to Save Money on Utilities
Kylie Jenner, born on August 10, 1997, in Los Angeles, California, is a reality TV star, entrepreneur, and social media influencer. She first rose to fame on Keeping Up with the Kardashians, a reality show that followed her family’s lives. Over the years, Kylie transitioned from reality star to business mogul with the launch of Kylie Cosmetics, her wildly successful beauty brand.
Kylie has since become one of the youngest billionaires, thanks to the success of her cosmetics line and savvy business moves.
Kylie Jenner is the youngest daughter of Kris Jenner and Caitlyn Jenner and the sister of Kendall Jenner, as well as a half-sister to Kim, Kourtney, Khloé, and Rob Kardashian. She has a daughter, Stormi Webster, born in 2018, with rapper Travis Scott, and they are often in the spotlight for their on-again, off-again relationship.
Kylie is known for her extravagant lifestyle, owning multiple luxury properties in Los Angeles, and frequently sharing glimpses of her life on social media, where she boasts over 380 million followers on Instagram.
As of 2023, Kylie Jenner's estimated net worth is $900 million. Her wealth primarily stems from the success of Kylie Cosmetics, as well as endorsement deals and other business ventures.
Kylie Jenner’s cosmetics line, Kylie Cosmetics, launched in 2015 with the Kylie Lip Kit, which sold out in minutes. Over the years, the brand expanded into a full line of beauty products, including eyeshadows, blushes, and skincare.
In 2020, Kylie sold a 51% stake in Kylie Cosmetics to Coty Inc. for $600 million, valuing the company at over $1.2 billion. While this deal brought her net worth to billionaire status at the time, updated valuations put her wealth slightly below $1 billion.
Beyond Kylie Cosmetics, Kylie earns millions through endorsement deals and partnerships with brands like Puma and Adidas. She has also expanded into fashion with her sister Kendall through the Kendall + Kylie brand, which includes clothing, shoes, and accessories.
Kylie’s social media influence has been a significant driver of her wealth. Brands pay her up to $1 million per sponsored post, making her one of the highest-paid influencers in the world.
Kylie Jenner has invested heavily in real estate, owning multiple properties in Hidden Hills and Calabasas, California. Her real estate portfolio is valued at over $100 million, including her primary residence, a $36 million mansion in Holmby Hills.
In addition to Kylie Cosmetics, Kylie has invested in the Kendall + Kylie brand, which has expanded into clothing, shoes, and accessories sold globally. Her fashion ventures, combined with her cosmetics line, make up a significant portion of her wealth.
Kylie Jenner has been involved in various charitable efforts, including donations to children’s hospitals and disaster relief initiatives. In 2020, she donated $1 million to COVID-19 relief efforts and frequently supports causes related to children’s health and education.
Additionally, Kylie has used her platform to raise awareness about important social issues and has contributed to various charitable campaigns over the years.
Kylie Jenner’s rise from reality TV star to beauty mogul demonstrates her savvy business skills and influence in the fashion and beauty industries. With a net worth of $900 million, Kylie continues to grow her brand and expand her empire.
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Learn more: How to Build an Emergency Fund While Saving
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.