What is the Net Worth of Kylie Jenner? Kylie Jenner, an American model, reality television star, and cosmetics entrepreneur, boasts a net worth of $700 million. She earns $40 – $100 million annually from various endeavors. The majority of her net worth is derived from Kylie Cosmetics. In November 2019, Kylie sold 51% of her company to Coty Inc. for $600 million, valuing her company at $1.2 billion. Post-sale, Kylie earned around $340 million after taxes. However, the value of her remaining 45% stake decreased notably. Within the same period, Kylie spent $130 million on multiple properties and a private jet.
Kylie Jenner Net Worth Milestones Kylie Jenner’s wealth was first tracked by Celebrity Net Worth in November 2011 when she was estimated to have a net worth of $300 thousand at 14 years old.
In June 2013, the estimate rose to $2 million. By mid-2014, her net worth had doubled to $4 million.
She surpassed $10 million in July 2016.
Kylie’s net worth began soaring around mid-2017. In June 2017, her net worth stood at $50 million, which grew to $200 million by July 2018. By mid-2019, her fortune was estimated at $300-400 million, primarily in paper form.
Kylie’s wealth has been on the rise with her net worth ending at $650 million in 2020, $700 million in 2021, and $750 million in 2022.
Photo by Scott Barbour/Getty Images
Early Life
Kylie Jenner, born on August 10, 1997, in Los Angeles, California, is the youngest daughter of businesswomen Kris Jenner and the former Olympic athlete Bruce Jenner (now known as Caitlyn Jenner). Her older sister is model Kendall Jenner, and her half-siblings include Kim Kardashian, Kourtney, Khloe Kardashian, and Brody Jenner. When Keeping Up with the Kardashians debuted on E! on October 14, 2007, Kylie was only ten years old. Today, KUWTK remains the longest-running reality series in the US. In the earlier years of the show, Kylie was a regular pre-teen attending school and was part of the cheerleading team. In 2012, she transitioned to a home-school educational program and obtained her high school diploma in July 2015.
Is Kylie Jenner A Billionaire? – NO.
Kylie Jenner was declared a billionaire by Forbes on November 18, 2019. Forbes attributed her billionaire status to selling 51% of her cosmetics company to Coty Inc. for $600 million, valuing the company at $1.2 billion. Coty Inc., a struggling beauty business that owns brands like CoverGirl and MaxFactor, will retain Kylie as the face of the brand. Forbes estimated her remaining 49% stake at $588 million on paper.
Coty, the owner of Clairol and OPI nail polish, has faced challenges in recent years with revenue declines and executive turnover. The European-based company, controlled by the investment firm JAB Ltd., has seen its stock price halved since acquiring cosmetics brands from Procter & Gamble in 2016.
To reach a $1.2 billion valuation, Kylie managed to negotiate a substantial 27X profit multiple with Coty Inc. For comparison, Facebook trades at 26X profits, Procter & Gamble at 24X, and Coty at 18X.
After taxes on the $600 million from the sale, Kylie is likely to retain around $300 million, though the structure of the $600 million is yet unclear—cash, stock, or a combination. These details impact tax implications and her final cash proceeds from the deal, set to close in the third quarter of 2020.
***Update***
On May 29, 2020, Forbes issued a retraction, acknowledging that the numbers reported were fabricated by Kylie’s accountants.
More details on this matter are provided below…
Wealth Estimates
We’ve long been doubtful of claims regarding Kylie’s wealth here at CelebrityNetWorth. Around mid-2018, we approximated her net worth to be between $150 million and $200 million. Later that same year, Forbes released an article asserting that she was worth $900 million and on track to become the youngest self-made billionaire, all based on the reported growth and revenue of Kylie Cosmetics. When we reviewed the numbers, we immediately sensed they were likely fabricated. Consequently, on the day Forbes published their piece, we also posted:
“Kylie Jenner Is Not Worth $900 Million – That’s A Silly Clickbait Headline To Sell Magazines”
In our analysis, a more realistic valuation at the time would have been approximately 4 times the profits, placing the company’s value at around $400 million. Being the sole proprietor, she would have netted about $260 million after taxes from a potential sale. At that time, we considered a more grounded estimate for Kylie’s net worth in July 2018 to be between $300-400 million.
However, as events unfolded, it turned out we had been mistaken about all our previous assumptions.
On May 29, 2020, Forbes was compelled to issue a retraction article entitled:
“Inside Kylie Jenner’s Web of Lies – And Why She’s No Longer a Billionaire“
In this piece, Forbes finally acknowledged that all the information they had was inaccurate, entirely false. Their headlines and magazine features had been built on falsehoods or complete misrepresentations. From Forbes’ retraction in May 2020:
“Then there were Kylie’s financials. Sales over the 12 months leading up to the deal: $177 million, as per the Coty presentation—significantly lower than the figures published back then. More troublingly, Coty stated that sales had increased by 40% from 2018, indicating that the business only brought in around $125 million that year, far from the $360 million the Jenners had indicated to Forbes. Kylie’s skincare range, launched in May 2019, raked in $100 million in revenue during its first six weeks, according to Kylie’s representatives. However, the actual figures showed the line was expected to end the year with just $25 million in sales.”
Forbes further elaborated:
“Data compiled by the e-commerce platform Rakuten, which monitors a limited number of transactions, indicated a 62% decrease in Kylie’s online sales between 2016 and 2018.”
And:
“Initially, the business was never as substantial as claimed, and since 2016, the Jenners have consistently misled, crafting false figures with their accountant to boost Forbes’ estimates of Kylie’s income and net worth. While we cannot definitively prove
“It’s clear that Kylie’s camp has been lying, even though those documents were fake (though it’s likely).”
Coty Sale
A TON of money from her sale to Coty is what Kylie definitely made. Forbes also pointed out in their retraction that Kylie did not own a full 100% at the time of sale. Kris Jenner owned at least 10%. Kylie sold half of her 90% stake at a $1.2 billion valuation, resulting in roughly $340 million post-tax cash from the deal, while still owning a 45% paper stake in the brand. Though the sale has not been kind to Kylie and Coty, with Coty’s stock price plummeting 60% in the six months following the deal due to news of overpayment for Kylie Cosmetics. This will likely lead to a write-down in the value of the brand, reducing the paper value of Kylie’s remaining 45%. Here’s a chart of Coty stock between May 2019 and May 2020:
Over the next few months, the stock lost 70% of its value from the day the Kylie sale was announced at $12.22. The company’s total market cap today, according to investors, is $2.8 billion, which includes the value of Kylie Cosmetics, likely never worth $1.2 billion. Coty may have to write off a significant portion of the Kylie brand soon, making Jenner’s remaining 45% stake valueless.
Kylie Jenner Net Worth (Getty Images)
Early Career Success and Endorsements
Kylie Jenner’s modeling career took off with the Sears clothing line “Crush Your Style.” Featured in various photo shoots for publications like OK! Magazine and Teen Vogue, Kylie Jenner made her catwalk debut at New York’s Fashion Week in September 2011. With family members in the front row cheering her on, she strutted down the catwalk without showing any nerves, rocking a black ballerina-style dress by Abbey Dawn. Following in her big sis Kendall’s footsteps, Jenner landed modeling gigs for various companies, including Australian swimwear designer White Sands. She was also featured in People magazine’s Beautiful People article with her big sister in 2010. Kylie and Kendall hosted red-carpet events for Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 in Los Angeles and did an interview in the Bing Box.
Premiere of The Hunger Games took place on March 12, 2012. In 2013, Kylie and Kendall each earned $100,000 to endorse a line of nail lacquers named Nicole by OPI. They also released a science fiction novel, Rebels: City of Indra, revolving around two girls with superpowers embarking on a journey. Kylie made her acting debut in a promo for the 2014 Much Music Video Awards which she co-hosted with Kendall. In the same year, Kylie launched a line of handbags for Steve Madden. By March 2015, she became the brand ambassador for the skincare company Nip + Fab and in June 2015, Kylie and Kendall unveiled a clothing line in collaboration with British fashion retailer Topshop. Later in 2016, Kylie was introduced as the new face of PUMA and in 2017, she introduced a line of sunglasses with Australian company Quay Australia.
Kylie Cosmetics
Her vast personal fortune is attributed to her successful cosmetics empire which began in August 2015 with her first product, the “Kylie Lip Kit,” gaining immediate popularity. Additionally, in September 2015, she launched a personalized website and app.
DIMITRIOS KAMBOURIS / Getty Images
Kylie Jenner Real Estate
Throughout the years, Kylie Jenner has acquired and sold multiple properties across Southern California. Currently, she owns a minimum of FIVE mansions in the region.
Calabasas: At just 17 years old, Kylie purchased her first home – a $2.7 million mansion situated in the exclusive gated community The Oaks in Calabasas, California. This home was sold in 2017 for $3.15 million.
Hidden Hills: Her present primary residence is an eight-bedroom, 11-bathroom Cape Code-style mansion in Hidden Hills, California, purchased in 2016 for $12 million and spanning 13,000 square feet with eight bedrooms and 11 bathrooms.
In May 2020, she acquired a vacant lot in Hidden Hills, where she had renowned architect Richard Landry design an 18,000-square-foot mansion.
In May 2016, Kylie bought her first Hidden Hills mansion for $6 million, featuring six bedrooms and seven bathrooms on nearly 4.5 acres of land. Subsequently, she also purchased the adjacent vacant lot. By September 2018, she had sold the mansion for $6.7 million and the empty lot for $5.35 million. A drone video showcasing this property from above can be viewed here:
Beverly Hills: In October 2018, Kylie and Travis Scott jointly acquired a Beverly Hills home for $13.45 million. This residence was offered for sale in October 2022 at just under $22 million. Take a video tour of this Beverly Hills mansion below:
La Quinta: In February 2019, Kylie invested $3.25 million in an undeveloped lot in La Quinta, California, located within the exclusive Madison Club gated community where several of her family members also own properties.
Holmby Hills: In April 2020, Kylie made a $36.5 million acquisition of a 15,000-square-foot estate
Located in Holmby Hills, California.
Kylie Jenner’s Monthly Spending
A source close to Kris Jenner revealed that Kylie spends $300,000 a month on clothing for herself and her daughter. Additionally, she reportedly allocates $300-400,000 monthly for car payments and security.
The total cost of the properties mentioned earlier was $80 million acquired through various transactions. In California, Kylie pays around 1% of the purchase price as her annual property tax, amounting to approximately $800,000 yearly or roughly $67,000 per month.
Private Jet and Controversy
Kylie invested $72 million in a Global Express private jet. Despite criticisms of irresponsible short flights, such as a 12-minute trip from Van Nuys to Camarillo, California, she also faced backlash for flaunting her luxurious lifestyle on social media, including a photo with Travis Scott in front of two private jets.
Critics have questioned her environmental commitment, given her extravagant choices.
Kylie Jenner’s Relationships
In 2017, Kylie began dating rapper Travis Scott, with whom she shares a daughter born in February 2018. They started living separately in mid-2019. Prior to Travis Scott, she was in a relationship with rapper Tyga from 2014 to 2017.
Net Worth Overview
Kylie Jenner’s current net worth stands at $750 million.
| Kylie Jenner Net Worth Progression | |
| Year | Net Worth |
| 2011 | $300,000 |
| 2013 | $2,000,000 |
| 2014 | $4,000,000 |
| 2016 | $10,000,000 |
| 2017 | $50,000,000 |
| 2018 | $200,000,000 |
| 2019 | $300,000,000 |
| 2020 | $650,000,000 |
| 2021 | $700,000,000 |
| 2022 | $725,000,000 |
| 2023 | $750,000,000 |
Data is sourced from 2023 and 2024, with forecasted data extending to 2025, 2026, 2027, and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Kylie Jenner Net Worth (Money & Salary)