What is Kylie Jenner"s network Worth?

Kylie jenner is an American model, reality television star and also cosmetics entrepreneur. Together of this writing, Kylie Jenner"s net worth is $700 million. In a provided year, Kylie earns roughly $40 – $100 million indigenous her miscellaneous endeavors.

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The vast bulk of her net worth comes from a cosmetics firm called Kylie Cosmetics. In November 2019, Kylie sold 51% the her company to Coty Inc. For $600 million. Valuing the company as a entirety at $1.2 billion. Together of may 2020, that worth has declined significantly. Kylie certainly earned around $340 million ~ taxes from the sale, however the worth of her remaining 45% stake in the brand has gone under significantly.


Youngest daughter the Kris and Caitlyn JennerSecond-richest Kardashian/Jenner behind older half-sister Kim (who is precious $900m)Founded Kylie Cosmetics in 2014Launched "The Kylie Lip Kit" in august 2015Kylie Cosmetics produced $177m in between October 2018 and also October 2019Sold 51% that Kylie Cosmetics to Coty Inc. In November 2019 because that $600mEarned approximately $340m after-taxes native the saleForbes once annointed Kylie the "youngest self-made billionaire" in the worldIn might 2020 Forbes retrated vault statements about KylieForbes claimed that financial info previously noted by Kylie and also Kris was falseKylie is very rich and also successful, but not a billionairePaid $36.5 million because that a Holmby Hills, Ca mansion in April 2020Paid $15 million for a vacant many in covert Hills, Ca in may 2020Owns a separate $12m mansion in concealed Hills, Ca

Kylie jenner Net worth Milestones

Celebrity net Worth first began tracking Kylie"s wide range in November 2011. At the moment we approximated that the 14 year old had actually a net worth the $300 thousand. In June 2013 we increased our estimate to $2 million. Through mid 2014 her network worth had doubled to $4 million. She very first crossed $10 million in July 2016. Kylie"s network worth began to skies rocket roughly mid-2017. In June 2017 us pegged her network worth at $50 million. In July 2018 we raised that number come $200 million. Together of mid-2019 we estimated her fortune in ~ $300-400 million, lot of i beg your pardon is paper-wealth based upon the worth of Kylie Cosmetics.


Early Life

Kylie zener was born on respectable 10, 1997 in Los Angeles, California. She is the youngest daughter created by the marriage of businesswomen, Kris Jenner and also the previous Olympic athlete Bruce jenner (who is known today as Caitlyn Jenner). Kylie"s larger sister is design Kendall Jenner and also her half-siblings incorporate Kim Kardashian, Kourtney and also Khloe Kardashian and also Brody Jenner. Kylie was simply 10 year old when keeping Up with the Kardashians debuted top top E! on October 14, 2007. Today the KUWTK is the longest-running reality series in the US. For several over the early years that the display Kylie was a continuous pre-teen who attended school and was a member that the cheer-leading team. In 2012 she left timeless school and began attending a home-school education program. She earned a high college diploma in July 2015.

Is Kylie jenner A Billionaire? – NO.

In November 18, 2019, Kylie zener was crowned a billionaire by Forbes. Forbes declared she completed billionaire condition after offering 51% of she cosmetics firm to Coty Inc. For $600 million, valuing the company as a entirety at $1.2 billion. Coty Inc. Is a recently-struggling beauty service that own brands prefer CoverGirl and MaxFactor. Kylie will remain the public face of the brand. Forbes claimed the deal valued her remaining 49% stake in ~ $588 million ~ above paper.

Coty, which likewise owns Clairol and OPI nail polish, has actually struggled in current years with lagging revenue and executive turnover. The European-based company, which is managed by an invest firm referred to as JAB Ltd., has actually seen its stock price reduced in fifty percent since 2016 when it gained a dozen cosmetics brand from Procter & Gamble.


For the company to be precious $1.2 billion, she somehow convinced Coty inc to pay a mind-boggling 27X multiple of profits.

FYI, Facebook at this time trades at 26X profits. Procter & gambling trades at 24X. Coty itself trades in ~ 18X profits.

After paying taxes on the $600 million section of the sale, Kylie will likely be left with around $300 million. Us can"t say for sure simply yet due to the fact that it"s not yet clear just how $600 million has been structured. To be it every cash? Stock? A mixture of both? These concerns have significant implications on her taxes treatment and also ultimately net cash haul native the deal. Furthermore, Coty does not expect the transaction to officially close till the 3rd quarter the 2020.

***Update***

On might 29, 2020 Forbes released a retraction post in which they recognize that every the number they had actually reported formerly were false. Literally consisted of by Kylie"s accountants.

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More details on this history below…


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Kylie Jenner

Net Worth:$700 Million
Date of Birth:Aug 10, 1997 (24 year old)
Gender:Female
Height:5 ft 8 in (1.75 m)
Profession:Model, TV Personality, Writer
Nationality:United says of America

All network worths are calculated making use of data attracted from windy sources. When provided, we also incorporate personal tips and also feedback obtained from the celebrities or their representatives. When we work-related diligently come ensure that our numbers space as exact as possible, uneven otherwise indicated they are just estimates. We welcome every corrections and also feedback making use of the button below.