Category: Richest Celebrities › Models
Net Worth: $700 Million
Birthdate: Aug 10, 1997 (27 years old)
Birthplace: Los Angeles
Gender: Female
Height: 5 ft 8 in (1.75 m)
Profession: Model, TV Personality, Writer
Nationality: United States of America
What Is Kylie Jenner’s Net Worth?
Kylie Jenner is an American model, reality TV star, and cosmetics mogul with a staggering net worth of $700 million. In any given year, she reportedly earns $40 – $100 million from her business ventures, primarily Kylie Cosmetics. Her wealth took off after she sold 51% of her brand to Coty Inc. in 2019 for $600 million, valuing the company at $1.2 billion. While the post-deal value dropped sharply, Kylie still cleared about $340 million after taxes from the sale.
Kylie Jenner Net Worth Milestones
- 2011: $300,000
- 2013: $2 million
- 2014: $4 million
- 2016: $10 million
- 2017: $50 million
- 2018: $200 million
- 2019: $300 million
- 2020: $650 million
- 2021: $700 million
- 2022: $725 million
- 2023: $750 million
Early Life
Born on August 10, 1997, in Los Angeles, Kylie Kristen Jenner is the youngest daughter of Kris Jenner and Caitlyn Jenner (formerly Bruce Jenner). Her siblings include Kendall Jenner, Kim, Khloe, and Kourtney Kardashian. Kylie rose to fame at 10 years old when Keeping Up With the Kardashians debuted in 2007. She attended traditional school before switching to homeschooling in 2012 and graduated in 2015.
Is Kylie Jenner A Billionaire? – NO.
Despite Forbes once dubbing her the “youngest self-made billionaire,” this claim was retracted. In May 2020, Forbes published an exposé stating that Kylie and her team had inflated revenue figures and provided false tax documents. Coty’s financial filings showed that the business generated far less than claimed, including:
- $177 million in revenue from October 2018 to October 2019
- Skin care line on track for only $25 million in first-year sales
- 62% decline in online sales between 2016 and 2018
Still, Kylie pocketed about $340 million post-tax from the Coty sale.
Wealth Estimates and Controversy
Even prior to Forbes’ retraction, analysts questioned her billionaire status. CelebrityNetWorth always estimated a more realistic valuation. Forbes’ now-debunked claim that Kylie earned $100 million annually with a company valued at $1.2 billion turned out to be overly optimistic.
Coty Sale
Kylie sold 51% of Kylie Cosmetics to Coty Inc. for $600 million in 2019. Although Coty’s stock plummeted by 70% post-deal, Kylie benefited massively. Her remaining 45% stake’s value has diminished, but the initial sale still delivered a huge financial windfall.
Early Career Success and Endorsements
Kylie started with modeling gigs for Sears and OK! Magazine. She made her runway debut at New York Fashion Week in 2011 and later modeled for brands like White Sands and featured in People magazine. She and Kendall co-hosted events for movies like The Hunger Games and launched a nail polish line, a novel, and fashion collabs with Steve Madden, Topshop, PUMA, and Quay Australia.
Kylie Cosmetics
Her fortune is rooted in her cosmetics brand. Launched in 2015 with the Kylie Lip Kit, the product went viral. She later expanded into full makeup and skincare lines. In 2019, she sold a majority stake to Coty.
Kylie Jenner Real Estate
Kylie has invested in at least five mansions across Southern California:
- Calabasas: Bought at 17 for $2.7M; sold in 2017 for $3.15M
- Hidden Hills: Primary residence worth $12M
- Hidden Hills (vacant lot): Paid $15M in 2020 for an 18,000 sq ft project
- Hidden Hills (first mansion): Bought for $6M; sold for $6.7M + $5.35M for adjacent lot
- Beverly Hills: Co-acquired with Travis Scott for $13.45M in 2018
- La Quinta: Paid $3.25M for a plot in Madison Club
- Holmby Hills: Bought 15,000 sq ft mansion for $36.5M in April 2020
Monthly Expenses
- Clothes for Kylie & Stormi: $300,000/month
- Cars & Security: $300,000–$400,000/month
- Property Taxes: Roughly $800,000/year or $67,000/month
Private Jet & “Climate Criminal”
Kylie owns a $72 million Global Express Jet. In 2022, she was widely criticized for taking extremely short flights, including a 12-minute trip, leading to the nickname “Climate Criminal.” She sparked further backlash by posing with Travis Scott between two private jets with the caption: “You wanna take mine or yours?”
Personal Life
Kylie dated Tyga (2014–2017) and began dating Travis Scott in 2017. They welcomed daughter Stormi Webster in February 2018. The couple separated in 2019 but have co-parented amicably.
Summary
Kylie Jenner’s net worth is estimated at $700 million, down from a peak of $750 million. Although not a billionaire, she’s one of the wealthiest and most successful entrepreneurs of her generation, with an empire built on beauty, business savvy, and global fame.
