Kylie Jenner Net Worth (Money & Salary)

What is Kylie Jenner’s Net Worth?

Kylie Jenner, an American model, reality TV star, and cosmetics entrepreneur, boasts a net worth of $700 million. Annually, her earnings range from $40 million to $100 million due to various business endeavors. The primary source of her wealth is Kylie Cosmetics. In November 2019, Kylie sold 51% of her company to Coty Inc. for $600 million, which valued the total company at $1.2 billion. However, the company’s value saw a significant decline in the months that followed the transaction. Although Kylie made approximately $340 million post-taxes from the sale, the worth of her remaining 45% stake in the brand has notably decreased. During a 12-month timeframe that included the sale, she spent $130 million acquiring several mansions and a private jet.

Kylie Jenner Net Worth Milestones

The tracking of Kylie’s wealth by Celebrity Net Worth commenced in November 2011, at which point her net worth was estimated at $300 thousand when she was just 14 years old.

By June 2013, our estimation had increased to $2 million. Mid-2014 saw her net worth reach an estimated $4 million.

In July of 2016, she surpassed the $10 million mark for the first time.

Her net worth began to escalate dramatically around mid-2017; in June of that year, we assessed her net worth to be $50 million. By July 2018, this value jumped to $200 million. In mid-2019, we assessed her…

Kylie Jenner’s fortune is estimated to be between $300-400 million, a significant portion of which is considered paper wealth tied to the valuation of Kylie Cosmetics. By the end of 2020, her net worth stood at $650 million; in 2021, it rose to $700 million; and by 2022, she reached a net worth of $750 million.

Early Life

Born on August 10, 1997, in Los Angeles, California, Kylie Jenner is the youngest daughter of Kris Jenner, a businesswoman, and Bruce Jenner, a former Olympic athlete known today as Caitlyn Jenner. Her older sister is model Kendall Jenner, and she has half-siblings including Kim Kardashian, Kourtney, Khloe Kardashian, and Brody Jenner. At just ten years old, Kylie became part of the reality television world when Keeping Up with the Kardashians premiered on E! on October 14, 2007. Today, the series is the longest-running reality show in the U.S. During the initial years of the program, Kylie was a typical pre-teen who juggled school and cheerleading activities. In 2012, she transitioned from traditional schooling to a home-school educational program, ultimately earning her high school diploma in July 2015.

Is Kylie Jenner A Billionaire? – NO.

On November 18, 2019, Forbes declared Kylie Jenner a billionaire, attributing this status to her sale of 51% of Kylie Cosmetics to Coty Inc. for $600 million, which valued the entire company at $1.2 billion. Coty Inc. is a beauty company that has faced challenges recently, owning brands such as CoverGirl and MaxFactor. Kylie is expected to continue as the brand’s public representative. According to Forbes, this deal assigned a value of $588 million to her remaining 49% stake on paper.

Coty, which also owns Clairol and OPI nail polish, has grappled with stagnant revenue and leadership changes in recent years. This European-based company, controlled by the investment firm JAB Ltd., has had its stock price slashed by half since acquiring several cosmetics brands from Procter & Gamble in 2016.

To support a valuation of $1.2 billion, Kylie somehow persuaded Coty Inc. to accept an astounding 27X profit multiple.

For context, Facebook currently trades at 26X profits, while Procter & Gamble trades at 24X, and Coty itself at 18X profits.

Following the tax deductions from the $600 million sale, Kylie may retain approximately $300 million. However, it remains uncertain how the transaction has been structured—whether it consists entirely of cash, stock, or a combination of both. These details significantly impact her tax obligations and, ultimately, the net profit obtained from the agreement. Moreover, Coty anticipates that the deal will not officially finalize until the third quarter of 2020.

***Update***

On May 29, 2020, Forbes issued a retraction article revealing that the figures they previously reported were inaccurate—manufactured by Kylie’s accountants.

Additional information regarding this situation can be found below…

Wealth Estimates

At CelebrityNetWorth, skepticism regarding declarations of Kylie’s wealth has persisted for years. In mid-2018, our estimate for her net worth ranged between $150 million and $200 million. However, in July of that year, an article from Forbes proclaimed her worth to be $900 million, suggesting she was on track to become the world’s youngest self-made billionaire, a claim stemming from the reported growth and revenue of Kylie Cosmetics. Upon reviewing the same figures, we immediately suspected they were largely fabricated. Consequently, on the same day Forbes released their article, we countered with:

Kylie Jenner Is Not Worth $900 Million – That’s A Silly Clickbait Headline To Sell Magazines

According to the 2018 Forbes article, Kylie’s makeup brand was valued at $800 million. The report noted that her company brought in $307 million in revenue in 2016 and $330 million in 2017, yielding a profit of $100 million. Moreover, it pointed out that the growth in revenues for Kylie Cosmetics had stalled, with an overall increase of only 7% in 2017, which fell short by $70 million of the mid-2017 projections. Additionally, she experienced a 35% decrease in lip-kit revenues year over year.

We believed that a more accurate multiple at that time would have been 4x profits, valuing the entire company at around $400 million. As she held 100% ownership, Kylie would have netted approximately $260 million after taxes from a potential sale. Thus, we estimated that her net worth in July 2018 was more realistically positioned between $300 million and $400 million.

In fact, we were mistaken regarding the preceding assertions.

On May 29, 2020, Forbes had to publish a retraction titled:

“Inside Kylie Jenner’s Web of Lies – And Why She’s No Longer a Billionaire“

Within this article, Forbes ultimately conceded that all their earlier information was false. Every bit of it. All their magazine covers and headlines were built on falsehoods and/or outright misrepresentations. According to the May 2020 Forbes retraction:

“Then there were Kylie’s financials. Revenues over a 12-month period preceding the deal: $177 million, according to the Coty presentation—far lower than the published estimates at the time. More problematic, Coty said that sales were up 40% from 2018, meaning the business only generated about $125 million that year, nowhere near the $360 million the Jenners had led Forbes to believe. Kylie’s skin care line, which launched in May 2019, did $100 million in revenues in its first month and a half, Kylie’s reps told us. The filings show the line was actually “on track” to finish the year with just $25 million in sales.“

Forbes went on:

“Data from e-commerce firm Rakuten, which tracks a select number of receipts, suggests there was a 62% decline in Kylie’s online sales between 2016 and 2018.“

Furthermore:

“The business was never that big, to begin with, and the Jenners have lied about it every year since 2016—including having their accountant draft tax returns with false numbers—to help juice Forbes’ estimates of Kylie’s earnings and net worth. While we can’t prove that those documents were fake (though it’s likely), it’s clear that Kylie’s camp has been lying.“

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Coty Sale

This doesn’t imply that Kylie didn’t reap A TON of profit from her transaction with Coty. Forbes pointed out in their retraction that at the time of sale, Kylie did not possess a complete 100% ownership. It seems Kris Jenner owned a minimum of 10%. Kylie disposed of half of her 90% interest at a valuation of $1.2 billion. If the deal was entirely in cash, Kylie would have approximately $340 million in post-tax cash from the transaction while still maintaining a 45% paper share in the brand.

Regrettably for both Kylie and Coty, the sale has not been favorable for the parent company’s stock performance. Within the six months succeeding the deal, Coty’s stock plummeted by 60%, largely attributed to the revelation that it significantly overpaid for Kylie Cosmetics and will probably have to diminish the brand’s value. This will undoubtedly lower the paper worth of Kylie’s remaining 45%. Below is a chart depicting Coty’s stock performance from May 2019 to May 2020:

Observe the dot on the chart dated November 18, 2019. This marks the announcement day of the Kylie sale, with Coty’s stock priced at $12.22. In the ensuing months, the stock lost 70% of its value.

Currently, investors estimate the company’s total market cap to be $2.8 billion. This reflects the total collective worth of numerous brands, including Kylie Cosmetics, which, as previously mentioned, was unlikely ever to be worth as much as $1.2 billion. It is highly probable that Coty will soon need to write off a substantial proportion of the Kylie brand, thereby rendering Jenner’s remaining 45% stake valueless.

Early Career Success and Endorsements

Kylie Jenner’s modeling career skyrocketed with the launch of the Sears clothing line “Crush Your Style.” She has also been featured in numerous photo shoots for magazines such as OK! Magazine and Teen Vogue. Jenner made her runway debut at New York’s Fashion Week in September 2011, with family members present in the front row supporting their younger sister during the intense moment. Although she might have felt anxious, this young diva did not let it show as she confidently walked the runway donned in a black ballerina-style gown by Abbey Dawn. Following the path of her elder sister Kendall, Jenner secured modeling roles with various brands, including the Australian swimwear label White Sands. In 2010, Kylie appeared in People magazine’s Beautiful People feature alongside her sister. The pair also hosted red-carpet events for Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 in Los Angeles. Additionally, they participated in an interview at the Bing Box during the premiere of The Hunger Games on March 12, 2012. In 2013,Kylie and Kendall both made $100,000 by endorsing a nail lacquer line named Nicole by OPI. Additionally, they published a science fiction novel, Rebels: City of Indra, focusing on two girls with superpowers who set out on a quest. When the sisters co-hosted the 2014 Much Music Video Awards, Kylie made her acting debut in a promotional spot for the event. In 2014, Kylie introduced a handbag line in collaboration with Steve Madden. By March 2015, she had become the brand ambassador for the skincare company Nip + Fab. In June 2015, the duo launched a clothing line in partnership with British fashion retailer Topshop. In 2016, PUMA announced Kylie as their new face. The following year, 2017, Kylie rolled out a sunglasses line with an Australian brand called Quay Australia.

Kylie Cosmetics

The substantial personal wealth Kylie has amassed is attributed to her cosmetics empire. She launched her first product, a lipstick line, in August 2015. The “Kylie Lip Kit” was an immediate hit. In September 2015, she debuted a personalized website and app.

Kylie Jenner Real Estate

Kylie Jenner has purchased and sold numerous properties throughout Southern California over the years. Currently, she owns at least five mansions in the region.

Calabasas: At the age of 17, Kylie acquired her first home—a $2.7 million mansion situated in an exclusive gated community known as The Oaks in Calabasas, California. She sold this property in 2017 for $3.15 million.

Hidden Hills: Kylie’s main residence is a Cape Cod-style mansion featuring eight bedrooms and 11 bathrooms located in Hidden Hills, California. She purchased this residence in 2016 for $12 million and it spans 13,000 square feet.

In May 2020, she acquired a vacant plot in Hidden Hills for $15 million and enlisted renowned architect Richard Landry to design an 18,000-square-foot mansion.

Kylie bought her first mansion in Hidden Hills in May 2016 for $6 million. Sitting on nearly 4.5 acres, this striking estate offers six bedrooms and seven bathrooms. She later acquired the vacant land right next to it. In September 2018, she sold the mansion for $6.7 million and the neighboring lot for $5.35 million. Here’s a drone video showcasing this property:

Beverly Hills: In October 2018, Kylie and Travis Scott jointly purchased a Beverly Hills home for $13.45 million. They put this property on the market in October 2022 for just under $22 million. Here is a video tour of the Beverly Hills mansion:

La Quinta: In February 2019, an undeveloped plot of land located in the exclusive Madison Club gated community of La Quinta, Ca was purchased by Kylie for $3.25 million, a place where many of her family members also own homes.

Holmby Hills: In April 2020, Kylie acquired a mansion spanning 15,000 square feet in Holmby Hills, Ca for the sum of $36.5 million.

Monthly Expenses

A close source from Kris Jenner has reported that Kylie allocates $300,000 every month on clothing for herself and her daughter. Additionally, monthly expenditures on car payments and security are said to range between $300,000 to $400,000.

The aforementioned properties were collectively bought for a total of $80 million across multiple purchases. Kylie’s annual property tax obligation in California amounts to about 1% of the acquisition price, resulting in an estimated $800,000 owed each year, which breaks down to approximately $67,000 monthly.

Private Jet + “Climate Criminal”

It has been reported that Kylie spent $72 million on a Global Express private jet, which she frequently uses for exceptionally short flights. In July 2022, she earned the title of “Climate Criminal” after it was revealed she had used her jet for a trip from Van Nuys to Camarillo, California, a journey that could have been accomplished by car in around half an hour, yet only took about 12 minutes by air. Concurrently, she faced criticism for a social media post featuring her and boyfriend Travis Scott in front of two private jets, captioned, “You wanna take mine or yours?”.

Given Kylie’s claimed image as an eco-warrior, the backlash has been particularly intense.

Personal Life

Kylie began her relationship with rapper Travis Scott in 2017, welcoming their daughter in February 2018. By mid-2019, they had started living separately. Before this, she had a relationship with rapper Tyga from 2014 until 2017.

Summary

The current net worth of Kylie Jenner stands at $750 million.

Kylie Jenner Net Worth Milestones
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