Kylie Jenner: Entrepreneur’s Net worth and Income
How much money does Kylie Jenner have?
Kylie Jenner is the youngest child of Kris Kardashian and Caitlyn (formerly Bruce) Jenner. However, she was able to quickly surpass her no less famous sisters in terms of her madness. This is mainly due to the fact that Kylie has built a huge following on social networks. After all, the pretty Californian, who became a mother for the first time in 2018 when she was not even 21, practically grew up in front of the TV cameras. Even if the famous name comes with a few downsides, Kylie was able to make ample profit from it. The cherished Kylie Jenner’s net worth is $ 758.33 million. Accordingly, she actually doesn’t have to work a single day in her entire life. However, it will continue to be productive and its coffers will continue to be filled accordingly.
Is Kylie Jenner A Billionaire?
Forbes put Kylie’s net worth at $ 900 million in July 2018. They even talked about the fact that at the time she was 21, she would be the youngest self-made billionaire, ahead of Mark Zuckerberg (at 23). In our opinion, these numbers were a little too high at the time.
Since November 2019 she has actually been a (US dollar) billionaire, because the cosmetics company “Coty Inc.” has acquired 51% of the shares of “Kylie Cosmetics“Secured for an impressive 600 million US dollars. As a side detail: Coty Inc. is 60% owned by the German entrepreneurial family Reimann. Your company was valued at $ 1.2 billion. Kylie still holds 49% of her company, which is equivalent to $ 588 million.
The calculation of wealth: After the $ 600 million is taxed through the 51% stake sale, about half, or $ 300 million, remains. (Nobody knows whether the deal was paid out in more shares or cash). In addition to the new $ 300 million, there will be $ 100 million in assets and another $ 588 million in the existing 49% stake. The calculation adds up to just $ 988 million. Why is she already a billionaire anyway? Because outside of her company, for example, she generates additional income with Instagram.
New addition to the family at Kardashian-Jenner
For a long time it was speculated whether the pregnancy rumors should actually come true. After all, Kim and Khloé were expecting a child at the same time, although Kim Kardashian and Kanye West had to enlist the help of a surrogate mother. The fact that Kylie had withdrawn from the public for a long time was taken as a clear sign that the pregnancy rumors were indeed proving to be true. While the young Kylie had previously set records with the launch of her lip kits and other cosmetic products, that made sure Video about the birth of their daughter Stormi caused a sensation on the internet. The video has already been viewed over 62 million times.
Her pregnancy-related absence has also caused the hype surrounding Kylie Jenner, who from 2007 repeatedly appeared in the episodes of “Keeping up with the Kardashians“(KUWTK) and had her own show in the meantime, did not detract from it. There is even talk that Kylie’s cosmetics company could develop into a billion-dollar company. Thanks to the hype about daughter Stormi, the cash blessing in the Jenner household should not end anytime soon.
About the life and career of Kylie Jenner
Even if Kylie Jenner had to take a lot of public criticism, which was due, among other things, to her provocative looks and splashed lips, nobody will doubt her success today. The dark-haired beauty was once nothing more than a shy teen. She has now become a role model for young girls all over the world. your Relationship with Travis Scott, who is also the father of their daughter, made her headlines just like the ups and downs with rapper Tyga. By the way: Tyga is also the father of a son, whose mother has a daughter together with Kylie’s brother Rob. The family relationships in the Jenner-Kardashian house are therefore quite confused.
Kylie can already look back on a long career. Because the first model jobs and photo shoots were already on the plan for her in 2010. At first, she often worked with her sister, Kendall. Now, however, the clever entrepreneur is mainly doing her own thing. Kendall and Kylie’s fashion has been sold at PacSun since 2013. The cooperation with TOPSHOP started in 2015. That was also the year Kylie was with Kylie Cosmetics took off. Whether in the videos of Tyga, Jaden Smith or Justine Skye, numerous music videos are part of Kylie’s filmography in addition to the countless TV series. From Brisk to Brooke Lynne Bound, five artists dedicated their own song to the young entrepreneur from 2015 to 2016 called “Kylie Jenner”. Kylie can therefore be seen as a real pop culture phenomenon.
The entrepreneur is a passionate collector of luxury cars. The fleet is said to be valued at around $ 5 million. Your luxury bodies are also repainted on a regular basis. Here is a small excerpt from the cars:
- Mercedes AMG G63
- Lamborghini Aventador
- LaFerrari Aperta
- Ferrari 458 Italia Spider
- Ferrari 488 Spider
- Bugatti Chiron
- Rolls Royce Phantom
- Rolls Royce Wraith
- Mercedes Maybach S-600
- Range Rover
Cover picture: kathclick + Starfrenzy / Bigstock.com
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