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Kylie Jenner Net Worth 2023: The Rise of a $700M Beauty Mogul

Last Updated : 16 Nov, 2023
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In 2023, Kylie Jenner, the youngest member of the Kardashian-Jenner clan, has not only made headlines with her beauty empire and influential social media presence but also with her staggering net worth. Estimated at a whopping $700 million, Kylie’s entrepreneurial spirit and brand endorsements have solidified her position as one of the wealthiest young celebrities globally. So, how did she get so rich? Let’s find out.

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Kylie Jenner Net Worth

Kylie Jenner Net Worth – Over the Years

Year Net Worth Major Revenue Sources
2011 $1 million “Keeping Up with the Kardashians”, Modeling contracts
2012 $2 million “Keeping Up with the Kardashians”, Endorsements
2013 $4 million “Keeping Up with the Kardashians”, OPI collaboration
2014 $10 million “Keeping Up with the Kardashians”, Steve Madden collaboration
2015 $20 million Launch of Kylie Cosmetics, Bellami Hair collaboration
2016 $50 million Kylie Cosmetics sales, PUMA endorsement
2017 $100 million Kylie Cosmetics expansion, Quay Australia collaboration
2018 $250 million Kylie Cosmetics growth, Adidas endorsement
2019 $500 million Kylie Cosmetics sales, Calvin Klein campaign
2020 $600 million Sale of Kylie Cosmetics stake to Coty Inc., Continued sales
2021 $650 million Kylie Cosmetics, Kylie Skin, and other ventures
2022 $680 million Kylie Cosmetics, Kylie Skin, and new endorsements
2023 $700 million Kylie Cosmetics, Kylie Skin, and other business ventures

(Note: The figures above are approximate and based on various reports and estimations. Actual figures might vary.)

Kylie Jenner – Profile Summary

Attribute Details
Full Name Kylie Kristen Jenner
Date of Birth August 10, 1997
Place of Birth Los Angeles, California, USA
Profession Television personality, Entrepreneur, Socialite
Net Worth (2023) Approx. $700 million
Major Ventures Kylie Cosmetics, Kylie Skin
Parents Kris Jenner (mother), Caitlyn Jenner (father)
Siblings Kendall Jenner, Kim Kardashian, Khloé Kardashian, Kourtney Kardashian, Rob Kardashian, Brandon Jenner, Brody Jenner, and others
Children Stormi Webster
Education Sierra Canyon School, Laurel Springs School
Known For “Keeping Up with the Kardashians”, Makeup empire
Social Media Handle @kyliejenner (Instagram, Twitter)

Early Life and Rise to Stardom

Born on August 10, 1997, in Los Angeles, California, Kylie Kristen Jenner grew up in the limelight. She’s the youngest child of Kris Jenner and Caitlyn Jenner (formerly known as Bruce Jenner). With a family deeply rooted in the entertainment industry, Kylie was no stranger to the cameras. Her siblings, including the Kardashians – Kourtney, Kim, Khloé, and Rob, and her sister Kendall, were all making their mark in various fields.

In 2007, when Kylie was just ten years old, her family began starring in the reality TV show “Keeping Up with the Kardashians.” The show, which showcased the personal and professional lives of the Kardashian-Jenner clan, was a massive hit. While it was primarily centered around the older Kardashians, Kylie and Kendall also got their share of screen time. As the seasons progressed, viewers got a front-row seat to Kylie’s teenage years, her friendships, relationships, and her budding interest in fashion and beauty.

School Days and Early Ventures

Kylie attended Sierra Canyon School, where she was a cheerleader. However, as her fame grew, she switched to homeschooling to better manage her burgeoning career and graduated in 2015.

Even as a teenager, Kylie showed a keen interest in the world of fashion and beauty. She and Kendall launched a clothing line for PacSun in 2012. The sisters also co-authored a dystopian fiction novel, “Rebels: City of Indra,” in 2014.

Birth and Growth of Kylie Cosmetics

In 2015, Kylie’s passion for beauty took a more concrete shape. She launched her line of lip kits, which quickly sold out. This success was the birth of Kylie Cosmetics. The brand expanded rapidly, adding more products and gaining a massive following. It wasn’t just about the products; Kylie’s personal brand, her influence, and her understanding of social media trends made her cosmetic line a sensation.

Other Business Ventures and Investments

While Kylie Cosmetics was making waves in the beauty industry, Jenner wasn’t content with just one venture. 2019 saw the launch of Kylie Skin, a skincare line that mirrored the success of her cosmetics range. Additionally, Kylie, in collaboration with her sister Kendall, ventured into the world of fashion with the Kendall + Kylie clothing line. These endeavors, combined with strategic investments in various startups, have contributed significantly to her net worth.

Year Venture/Investment Details
2012 PacSun Clothing Line Kylie, along with her sister Kendall, launched a clothing line for the brand PacSun.
2014 “Rebels: City of Indra” Co-authored a dystopian fiction novel with Kendall.
2015 Kylie Cosmetics Started with lip kits and expanded into a full-fledged cosmetics brand.
2016 Kylie Shop An online platform selling merchandise, from phone cases to clothes, all branded with Kylie’s signature style.
2017 “Life of Kylie” A reality TV show on E! focusing on Kylie’s personal and professional life.
2018 Kylie Skin A skincare line complementing her cosmetics brand.
2019 Collaboration with Adidas Kylie became an ambassador for the brand and released her own designs.
2020 Kylie Baby Announced a line of baby product

Endorsements and Partnerships

Kylie Jenner has had numerous endorsements and partnerships throughout her career. Here’s a representation of some of the notable endorsements and partnerships of Kylie.

Year Endorsement/Partnership Description

Source: Wikipedia

2013 PacSun Kylie and her sister Kendall launched a clothing line for PacSun.
2014 Steve Madden The Jenner sisters collaborated with this brand under the label ‘Kendall & Kylie’.
2015 Topshop Kylie and Kendall launched a clothing line for Topshop.
2016 PUMA Kylie signed an endorsement deal with PUMA.
2017 Quay Australia Kylie launched a line of sunglasses in collaboration with this brand.
2018 Adidas Kylie became an ambassador for Adidas.
2019 Coty, Inc. Kylie sold a 51% stake in her cosmetics company to Coty, Inc.
2020 Kylie Skin Kylie launched her skincare brand.

Real Estate and Luxurious Purchases

The young mogul’s spending habits are as impressive as her earnings. Kylie boasts a portfolio of real estate investments, including:

Real Estate:

  • Hidden Hills Mansion – Kylie purchased a mansion in Hidden Hills, California, which is known for its luxurious amenities and sprawling grounds.
  • Holmby Hills Estate – In 2020, Kylie reportedly bought a $36.5 million estate in the exclusive Holmby Hills neighborhood of Los Angeles. The property boasts a massive square footage, a guardhouse, and a professional kitchen.
  • Beverly Hills Home – Kylie and her ex-partner Travis Scott purchased a home in Beverly Hills for $13.45 million in 2018.
  • Starter Home – Kylie’s first home was a $2.7 million house in Calabasas, which she later sold.

Luxurious Purchases:

  • Cars – Kylie has a penchant for luxury cars. Her collection has included a Bugatti Chiron, a Ferrari LaFerrari, multiple Rolls Royces, and a custom Land Rover.
  • Birkin Bags – Kylie has an extensive collection of Hermès Birkin bags, which are known for their exclusivity and high price tags.
  • Private Jet – Kylie reportedly owns a private jet, which she has customized and often uses for personal and business trips.
  • Jewelry – Kylie has been seen wearing luxurious jewelry pieces, including diamond rings, necklaces, and watches from high-end brands.
  • Vacations – Kylie often takes luxurious vacations to exotic destinations, staying in private villas and resorts.

The Forbes Controversy

The Forbes controversy surrounding Kylie Jenner emerged in 2020 when Forbes published an article claiming that Kylie Jenner’s status as a billionaire might have been exaggerated. Here’s a breakdown of the controversy:

  • Initial Declaration: In March 2019, Forbes declared Kylie Jenner the world’s youngest self-made billionaire, attributing her wealth primarily to her cosmetics company, Kylie Cosmetics.
  • Forbes’ Reassessment: In May 2020, Forbes published an article titled “Inside Kylie Jenner’s Web of Lies — and Why She’s No Longer a Billionaire.” In this article, Forbes claimed that the Jenner family provided misleading information about the company’s earnings. The magazine alleged that tax returns provided by the Jenners might have been forged and that Kylie Cosmetics’ sales were likely inflated.
  • Specific Claims: Forbes pointed out discrepancies between the information provided by the Jenners and what was available from market analyses and other industry sources. For instance, while the Jenners claimed that Kylie Cosmetics made $360 million in sales in 2018, Forbes estimated the number to be closer to $125 million.
  • Kylie’s Response: Kylie Jenner responded to the allegations on Twitter, expressing her disappointment with the article and stating that she never asked for any title or tried to lie her way there. She also questioned the accuracy of Forbes’ claims, emphasizing that her focus was on her business and family, not her net worth.
  • Coty Deal: The controversy was further fueled by Kylie’s deal with Coty Inc., in which she sold a 51% stake of Kylie Cosmetics for $600 million, valuing the company at $1.2 billion. Some analysts believed that this valuation was too high based on the company’s earnings.
  • Impact: The controversy sparked a debate about the authenticity of celebrity net worth estimations and the lengths to which individuals or families might go to secure a spot on prestigious lists like the Forbes billionaires list.
  • Forbes’ Stance: Despite the controversy, Forbes maintained its stance that the Jenners had presented them with figures that were likely inflated. The magazine also highlighted the broader issue of how celebrities and influencers might exaggerate their earnings or influence to boost their public image.

Also, read:

Philanthropy and Charitable Endeavors

Beyond her businesses and luxurious lifestyle, Kylie has shown a commitment to giving back. She’s been involved in various charitable initiatives, from funding surgeries for children with cleft palates to donating to wildfire relief efforts.

Year Endeavor Description
2016 Birthday Fundraiser Jenner launched a birthday fundraiser with a goal of raising $500,000 in partnership with the nonprofit organization SinfulColors.
2016 Anti-Bullying Campaign Jenner and her sister, Kendall, co-launched an anti-bullying campaign called “Delete Digital Drama”. As part of the initiative, they designed and sold t-shirts with the slogan “Delete”. All proceeds went to the charity.
2017 Smile Train Jenner released a special-edition lip kit, with all proceeds going to the charity Smile Train, an organization that supports free cleft surgery for children in developing countries. She raised over $500,000 for the charity.
2018 Australian Wildfire Relief Jenner donated $1 million to various wildfire relief efforts in Australia.
2020 COVID-19 Pandemic Jenner donated $1 million to help fund the production of face masks and other protective gear for frontline healthcare workers.
2020 Black Lives Matter Movement Jenner voiced her support for the Black Lives Matter movement and encouraged her followers to vote in the 2020 United States presidential election.
2020 Support for Young People with Cancer Jenner made a donation to the Teen Cancer America organization.
2021 Support for Texas Winter Storm Victims Jenner donated to various organizations to support relief efforts for the victims of the winter storm in Texas.
2021 Support for India’s COVID-19 Crisis Jenner donated $500,000 to provide oxygen concentrators, oxygen cylinder plants, and other critical medical equipment to hospitals in India during the country’s surge in COVID-19 cases.

Comparison with the Kardashian-Jenner Clan

The Kardashian-Jenner family is undoubtedly one of the most famous and wealthy families in the entertainment industry. Each member has built their brand and wealth in various ways, from reality TV to business ventures and endorsements. Here’s a comparison of Kylie Jenner’s net worth with that of her siblings, based on the information available as of my last update in January 2022:

Family Member Estimated Net Worth (2022) Primary Sources of Income
Kylie Jenner $700 million Cosmetics (Kylie Cosmetics), endorsements, reality TV, other business ventures
Kim Kardashian $1 billion Cosmetics (KKW Beauty), mobile apps, endorsements, reality TV, other business ventures
Khloé Kardashian $50 million Clothing (Good American), endorsements, reality TV, other business ventures
Kourtney Kardashian $45 million Lifestyle brand (Poosh), endorsements, reality TV, other business ventures
Kendall Jenner $45 million Modeling, endorsements, reality TV, other business ventures
Rob Kardashian $10 million Clothing (Halfway Dead), reality TV, other business ventures
Kris Jenner $190 million Management fees from her children’s earnings, endorsements, reality TV, other business ventures
Caitlyn Jenner $100 million Speaking engagements, book deals, endorsements, reality TV, other business ventures

As of 2022, Kim Kardashian leads the family in terms of net worth, largely due to her successful ventures in cosmetics and mobile apps. Kylie Jenner, however, is not far behind, with her cosmetics empire contributing significantly to her wealth. The rest of the siblings have also amassed considerable wealth, though not to the same extent as Kim and Kylie.

The Kardashian-Jenner family’s wealth is a combination of their business ventures, endorsements, and their long-running reality TV show, “Keeping Up with the Kardashians.” Each member has leveraged their fame and brand in unique ways to build their individual empires.

Kylie Jenner Relationships

Kylie Jenner has had a few high-profile relationships over the years, but she is currently rumored to be dating actor Timothée Chalamet.

Here is a list of Kylie Jenner’s known relationships, in chronological order:

Partner Duration Notes
Cody Simpson 2011-2012 Kylie’s early relationship with the Australian singer.
Jaden Smith 2012-2013 Close friends rumored to be dating for a while.
Tyga 2014-2017 On-again, off-again relationship with significant media attention due to their age difference.
Travis Scott 2017-2023 Shared two children: Stormi Webster (2018) and Aire (2022).
Timothée Chalamet Rumored, 2023 Recent rum

Future Prospects and Predictions

Given her track record, the future looks bright for Kylie Jenner. With continuous expansion plans for her brands and potential new ventures on the horizon, her net worth is only expected to grow. Some analysts even predict that she might reclaim the billionaire title in the coming years.

Conclusion

Kylie Jenner’s journey is nothing short of inspirational. From her early days as a reality TV star to becoming a force to be reckoned with in the business world, she’s a testament to what ambition, combined with opportunity, can achieve. As we watch her empire expand, one thing is clear: Kylie Jenner is here to stay, and her financial milestones are yet to peak.

Kylie Jenner Net Worth – FAQs

Q. What is Kylie Jenner’s net worth?

As of August 2023, Kylie Jenner’s net worth is estimated to be around $700 million.

Q. How did Kylie Jenner make her money?

Kylie Jenner made her money through a variety of sources, including:

  • Kylie Cosmetics: Kylie Cosmetics is Jenner’s most successful business venture. She launched the company in 2015 with a line of lip kits, and it quickly became one of the most popular makeup brands in the world. In 2019, Jenner sold a 51% stake in Kylie Cosmetics to Coty Inc. for $1.2 billion, valuing the company at $2.4 billion.
  • Brand endorsements: Jenner is one of the most popular social media influencers in the world, with over 370 million followers on Instagram. She uses her platform to endorse a variety of products, including fashion, beauty, and lifestyle brands.
  • Modeling career: Jenner has modeled for a number of high-fashion brands, including Balmain, Alexander Wang, and Calvin Klein.
  • Sponsored content: Jenner earns a significant amount of money from sponsored content on her social media accounts. She charges brands tens of thousands of dollars per post to promote their products.
  • Acting career: Jenner appeared on the reality TV show Keeping Up with the Kardashians from 2007 to 2021. She has also had small roles in a few films and TV shows.
  • YouTube channel: Jenner has over 25 million subscribers on YouTube. She posts a variety of videos on her channel, including vlogs, makeup tutorials, and challenges.

Q. Is Kylie Jenner a billionaire?

No, Kylie Jenner is not a billionaire. Her net worth is estimated to be around $700 million.

Q. Is Kylie Jenner self-made?

Kylie Jenner is considered to be self-made because she built her fortune from the ground up. She started Kylie Cosmetics with her own money and has grown the company into a multi-billion dollar business.

Q. What is Kylie Jenner’s most expensive asset?

Kylie Jenner’s most expensive asset is her stake in Kylie Cosmetics. The company is valued at $2.4 billion, and Jenner owns a 49% stake.

Q. What is the primary source of Kylie Jenner’s wealth?

Kylie’s primary source of wealth is her cosmetics company, Kylie Cosmetics. She also earns from her skincare line, Kylie Skin, and various endorsements and partnerships.

Q. What are Kylie Jenner’s philanthropic endeavors?

Kylie Jenner has donated to a number of charities, including the Smile Train, the Los Angeles Regional Food Bank, and the Teen Cancer America foundation. She has also launched her own philanthropic initiative called the Kylie Jenner Lip Kit Giving Back Challenge, which has raised over $1 million for charity.

Q. What is Kylie Jenner net worth in rupees?

Kylie Jenner’s net worth in rupees as of August 2023 is estimated to be around ₹5,530 crores.



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