Model, reality-show star, and cosmetics mogul Kylie Jenner was born in the United States. Kylie Jenner has a $750 million fortune. Kylie’s annual income ranges from $40 million to $100 million.
The majority of her wealth comes from her cosmetics line, also known as Kylie Cosmetics. Kylie completed a 51% stake sale to Coty Inc. in November 2019 for $600 million.
Assuming a total enterprise value of $1.2 billion. The market value fell sharply in the months following the deal. While Kylie did get a tidy sum (approximately $340 million after taxes) from the sale, the value of her 45% ownership in the company has dropped dramatically.
Personal Information
| Net Worth: | $750 Million |
| Date of Birth: | Aug 10, 1997 (25 years old) |
| Gender: | Female |
| Height: | 5 ft 8 in (1.75 m) |
| Profession: | Model, TV Personality, Writer |
| Nationality: | United States of America |
Read More: Kendall Jenner’s Net Worth: A Real-Time Update on Richer Life!
Early Life
Kylie Kristen Jenner was born in Los Angeles, California on August 10, 1997. Caitlyn Jenner (formerly Bruce Jenner) and Kris Jenner (née Houghton) are the parents of their youngest child, Kylie. [a][16] Bruce Jenner won the decathlon at the 1980 Summer Olympics, and Kris Jenner is a reality TV star and businesswoman.
Jenner is the youngest of Kendall’s nine siblings and has eight older half-siblings. Caitlyn’s half-siblings include older brothers Burt, Brandon, and Brody Jenner and a half-sister, Cassandra Marino. [18] Rob Kardashian is Jenner’s half-brother and his older sisters Kourtney, Kim, and Khloé are his half-sisters.
Jenner was a student at Sierra Canyon School and an active member of the school’s cheerleading squad. Jenner says she has acted in school and community productions.
She decided to pursue an education at home in 2012, enrolling in Laurel Springs School in Ojai, California, where she received her high school diploma in July 2015.
Early Social Media Success
Under her mother’s guidance, Kylie began betting on social media as a platform to establish herself as a generational tastemaker while she was just a teenager. She has 300 million Instagram followers, making each post worth an estimated $1 million.
Read More: Stormi Webster’s Net Worth: Deeper Look Into Kylie & Travis Daughter Luxury Lifestyle in 2022!
Kylie Cosmetics, Jenner’s Consolidation
To capitalize on Kylie’s popularity as a model and because of her appearances on the family’s reality program, Kylie Jenner launched Kylie Cosmetics, a successful and multimillion-dollar cosmetic line.
Currently, Jenner makes close to $100 million a year. She sold 51% of Kylie Cosmetics to Coty Inc. two years ago for $600 million, but after taxes, she only kept $340 million.
Coty Sale
In any case, this doesn’t disprove that Kylie made a killing on her sale to Coty. However, Forbes acknowledged in its statement that Kylie did not have complete ownership of the company at the time of the transaction.
Apparently, Kris Jenner owned at least 10%. Kylie dropped $1.2 billion when she sold 50% of her 90% share. Kylie would have received about $340 million in post-tax cash from the acquisition if it had been an all-cash transaction, and she would have retained a paper 45% share in the brand.
Kylie and Coty should feel bad about the sale’s impact on the parent company’s stock price. The stock of Coty fell 60% in the six months after the purchase was announced on the revelation that the company had spent much too much for Kylie Cosmetics and would likely have to write down the value of the brand. Kylie’s remaining 45% will be worth less on paper if this happens. Please find below a chart tracking Coty’s share prices between May 2019 and May 2020.
Relationships
At Jenner’s 17th birthday celebration in August 2014, Tyga was spotted getting cozy with the birthday girl. Tyga broke up with Blac Chyna, his fiancée and the mother of his baby, a few days after the birth of their son.
Tyga and Jenner went public with their relationship in 2015, the year she turned 18. In the succeeding music videos for “Stimulated” and “Dope’d Up,” Jenner made cameo cameos. [93] They called it quits in April of 2017, with Jenner citing Tyga as the reason.
The first time Jenner was seen with Travis Scott was at Coachella in April of 2017.
Jenner gave birth to their daughter, Stormi Webster, on February 1, 2018. Scott’s third studio album, Astroworld, features the song “Stop Trying to Be God,” which featured Jenner in the accompanying music video.
Separated in September 2019[99][100], they reconciled while quarantined together during the COVID-19 pandemic for the sake of their daughter. After weeks of speculation, Jenner and Scott finally confirmed their second pregnancy on September 7, 2021. On February 2, 2022, Jenner gave birth to their son, Wolf Webster.
Read More: Stormi Webster’s Net Worth: Deeper Look Into Kylie & Travis Daughter Luxury Lifestyle in 2022!
What Is Kylie Jenner’s Net Worth?
Model, reality-show star, and cosmetics mogul Kylie Jenner was born in the United States. Kylie Jenner has a $750 million fortune. Kylie’s annual income ranges from $40 million to $100 million.
The majority of her wealth comes from her cosmetics line, also known as Kylie Cosmetics. Kylie completed a 51% stake sale to Coty Inc. in November 2019 for $600 million. Assuming a total enterprise value of $1.2 billion. The market value fell sharply in the months following the deal. While Kylie did get a tidy sum (approximately $340 million after taxes) from the sale, the value of her 45% ownership in the company has dropped dramatically.
How Many Cars Does Kylie Jenner Have?
More than 20 high-end automobiles are in Kylie Jenner’s garage. Kylie Jenner reportedly dropped $590,000 on a brand-new Ferrari F8. Kylie Jenner has more than $280,000 in cash, and she also has a Porsche 911.
Kylie Jenner House
Reality TV star Kylie Jenner owns a California mansion that spans 20,000 square feet. Kylie Jenner purchased this for a whopping $35,000,000 USD.
Kylie Jenner Brand Endorsements
Wear Something Spar-kylie and Rainbow in the S-kylie are two of Kylie Jenner’s nail lacquers from the Nicole by OPI line.
In 2016, Kylie Jenner collaborated with Sinful Colors to release a 20-piece nail paint collection.
In 2018, Kylie Jenner joined her sisters in endorsing Calvin Klein. Kylie Jenner became an Adidas brand ambassador the same year.
According to reports from 2018, Kylie Jenner made $1 million for every sponsored Instagram post, making her the highest-paid person on Instagram. Kylie Jenner has gotten a lot of money through endorsement deals.
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