Kylie Jenny is one of the biggest and richest American actresses. She had huge popularity in America. People love her acting and modeling too. She started her career as a model and now she has become a versatile personality. She is the owner of around $750 million net worth and is counted as one of the richest and most beautiful actresses in America.
|Monthly Income:||$750 Million|
|Date of Birth:||August 7, 1997|
|Height:||1.67m (5 ft 5 in)|
She earns more than $40 million to $100 million only from her various endeavors. She has a versatile personality and is not just an actress but a successful model and a successful entrepreneur.
She is the owner of a cosmetic company. The name of her cosmetic company is Kylie Cosmetics. The majority of her net worth earned by Kylie was from the profit of her cosmetic company.
Her company became the major source of her net worth but in November 2019, she sold 51% stakes of her company to a company named Coty Inc. 51% shares of her company cost around $600 million. The current valuation of her whole company is around $1.2 billion.
Well, she paid taxes for sale to the government but after all the expenses she earned around the valuation of more than $340 million. The remaining 45% of the total share is obtained by Kylie but the valuation of her share is declined significantly.
Let’s have some key facts about this personality.
- Kylie Jenner founded Kylie cosmetics in the year 2014.
- Her company Kylie cosmetics earned nearly $177 million during the period 2018-2019.
- She is ranked as the second richest Jenner, preceded by her elder sister Kim whose net worth is around $900.
- She sold around 51% share of her company Kylie Cosmetics and got around $600 million. Out of which she gets the total amount of $340 million after paying all the taxes.
- According to Forbes, Kylie Jenny became one of the youngest billionaires in the world. But, nowadays, Kylie is one of the most successful, richest, and youngest personalities but has not achieved the milestone of being a billionaire.
- She owns a private mansion in Hidden Hills, Ca. The mansion which she owns is valued at around $12 million.
Early Life Net Worth Of Kylie Jenner
She is one of the youngest celebrities in America. She started earning when she was only 14 years old. At the age of 14 years, she became the owner of $300 thousand worth, this was the data for 2011. In 2013, she earned a total net worth of $2 million.
The record of 2014 estimated that the worth of Kylie Jenner is about $4 million. This was the data from mid-2014. At the end of July 2016, Kylie Jenner crossed the total figure of $10 million worth. The year 2017 was the golden year for Kylie Jenner.
In the year she reached the milestone of $50 million and this figure will double next year. In the year 2018, she becomes the owner of a $200 million.
Which was the highest net worth yet for Kylie Jenner. In 2019, the net worth of Kylie Jenner reached the figure of around $300-$400 million which becomes $650 million in 2020.
Lastly, in 2021 her total net worth will become $700 million. She had a very frequent change in her worth after the year 2017 and at the end of the year 2021 she earned thrice her worth which she attained in 2017.
Kylie Jenner Early Life
On 10th August 1997 Kylie Jenner was born in Los Angeles, California. Her mother Kris Jenner was a very successful business woman and her father Bruce Jenner was an Olympic Athlete.
She is the youngest daughter of her parents. At the age of 10 years, she started her acting career and made her debut on E!. She also worked on KUWTK which is one of the best-running TV shows in the US.
During schooling, Kylie also performed as a member of the cheering team of her school. In the year 2012, she left the school and started the home-school program. She completed her high school diploma in the year 2015.
Kylie Jenner (Billionaire or not?)
In the year 2019, One of the most reputed magazines and companies in the USA “Forbes” announced that after selling the 51% share of her company Kylie cosmetics Kylie reached the milestone of becoming the youngest self-made billionaire.
The total share of 51% share worth $600 million. The remaining 49% share is now worth $588 million which is on record data. Well, becoming a billionaire was a prediction by Forbes but after selling her share the remaining share went down significantly. The company was not performing effectively.
Well, there is not any information about the structure of the 51% share sold by Kylie Jenner because she only get the total amount of $350 million from this $600 million.
Lastly, on 29 May 2021, Forbes again introduced a report where they admit that the previously shared information about the net worth of Kylie Jenner was false. This results that Kylie Jenner wasn’t reached the milestone of being a billionaire.
After detailed research, our officials found that in the year 2018, the official accounted net worth of Kylie Jenner is about $150-$200 million.
In July 2018 a report was introduced by Forbes in which Forbes announced that she is on the track to becoming a self-made billionaire and she had a net worth of about $900 million at the end of 2022.
The Jenner family is rich and they have around 5 mansions in California. All the mansions bought by the Jenner family were available in southern California. She is living in a maiden which is an 8-bedroom, 11-bathroom mansion that is available in Hidden Hills California. The mansion is worth around $12 million.
She also has a mansion with the partnership of Kylie and Travis which cost around $13.45 million. This mansion which they bought is available in Beverly Hills, California.
In the year 2020, Kylie also bought a mansion in Holmby Hills California. The cost of that mansion was around $36.5 million. Kylie spends $300,000 on her clothing and around $800,000 on her cars.