|Estimated value:||€800 million|
|Country of origin:||United States of America|
|Source of Wealth:||entrepreneur|
From reality TV starlet to multimillionaire entrepreneur: Kylie Jenner became known through the television show “Keeping Up with the Kardashians”. She is the founder and owner of cosmetics company Kylie Cosmetics.
Kylie Jenner has known the limelight since birth as she is the daughter of former track and field star Caitlyn Jenner. Kylie Jenner was born on August 10, 1997 in Calabasas, California. She grew up in front of TV cameras and was able to make a lot of profit from it. Her estimated Net Worth is 800 million euros. First, Jenner went to the Sierra Canyon School. However, in 2012 she decided to take private home tutoring to better focus on her career. By the time Jenner graduated from high school in the summer of 2015, she was already a social media star and had her own line of cosmetics.
Back in 2007, ten-year-old Kylie Jenner first appeared alongside some of her half-siblings on the TV show Keeping Up with the Kardashians. This is one of the most popular reality soaps ever. It revolves around the family life of the Kardashians.
Jenner’s career began at the age of twelve with his first photo shoots and modeling jobs. Paper Magazine published pictures of Jenner with her sister Kendall.
In 2011, Kylie Jenner walked the runway at New York Fashion Week. Just a year later, Jenner and her sister partnered with clothing brand PacSun. They developed a clothing line called Kendall & Kylie. In 2015, Jenner launched her own line of cosmetics called Kylie Lip Kits. Just a year later, it became Kylie Cosmetics. Jenner also released a mobile app that reached number one in the US iTunes App Store.
The Jenner sisters were among the most influential teenagers in the world in 2014 and 2015. In 2017, Jenner was named to the Forbes Celebrity 100 list. She is the youngest person there. Jenner starred in her own spin-off series, Life of Kylie, which was broadcast on E! premiered on August 6, 2017. Jenner is among the ten most followed people on Instagram (168 million followers as of March 2020).
In July 2018, Forbes magazine put Kylie Jenner’s net worth at $900 million. The magazine guessed that at age 21, she was the youngest self-made billionaire, ahead of Mark Zuckerberg (at 23). Jenner has actually been a (US dollar) billionaire since November 2019, because the cosmetics company “Coty Inc.” had secured a 51 percent stake in Kylie Cosmetics for $600 million. Your company was thus valued at 1.2 billion US dollars. Kylie owns 49 percent of her company, which is equivalent to $588 million.
Jenner’s net worth is calculated as follows: After taxing the $600 million from the 51% stake sale, he’s left with about $300 million. The new $300 million will be added to the existing $100 million in assets and the additional $588 million from the existing 49 percent stake. The calculation gives 988 million US dollars. Since Jenner generates additional income outside of her company, for example with Instagram, she is still considered a billionaire.
However, it has been questioned whether Jenner can really be called a “self-made billionaire” because of her family support. In May 2020, Forbes magazine rowed back: its own statement that Kylie Jenner was considered a billionaire was retracted.
- “It’s always the people who know you the least who want to judge you the most.”
- “Don’t change for anyone and don’t forget who you really are.”
- “One more thing…everything happens for a reason, we just have to wait to see the reason.”
Kylie Jenner has been paying for everything herself since she was 14: “My mom cut my money off three years ago,” Jenner revealed in 2015. “So I pay for everything myself — my car, my gas, and food, as well as my clothes.”
Time magazine named Kylie Jenner, along with her sister Kendall, among the “25 Most Influential Teens of 2014” based on their social media reach.
Kylie Jenner’s father, Olympic gold medalist Bruce Jenner, made his transsexuality public in 2015 and is now called Caitlyn. Kylie Jenner is firmly behind her: “My angel on earth,” she wrote on Instagram.
|Estimated value:||€800 million|