Here's How Kylie Jenner Is Catching Up to Big Sis Kim K and What is Making Her a Billionaire
The Complete Scoop on Kylie Jenner's Present Financial Status
Dive inside Kylie Jenner's financial empire with a look at everything about her current net worth. Jenner's career has been nothing short of spectacular, from her early days in the spotlight on Keeping Up with the Kardashians to the launch of the powerhouse cosmetic business Kylie Cosmetics. As controversy erupted over her Forbes-claimed billionaire status, here are sifted through facts and figures, investigating the impact of her media presence, economic enterprises, and personal life on the enormous fortune she has accumulated.
1. Being Born in the Kardashian-Jenner family
Kylie, who was born into the Kardashian-Jenner family on August 10, 1997, rose to prominence as a result of her family's high-profile status. Kylie, a member of the renowned Kar-Jen clan that includes Kim Kardashian, Kourtney Kardashian, Khloé Kardashian, Kendall Jenner, and mother Kris Jenner, has taken a unique path in the public eye. Beyond the glamor of reality TV, her entrepreneurial spirit soared as she used her large social media presence to launch profitable commercial endeavors.
2. The World of Reality Television
Kylie, who rose to prominence as a member of the world-famous Kardashian-Jenner family, achieved unparalleled fame through the reality television phenomenon Keeping Up with the Kardashians. Highlighting Kylie's path from childhood to adulthood happened to be a planned marketing effort developed into a cultural phenomenon. Notably, she began making a whopping $5 million per episode at the age of ten. The move of the show to Hulu as The Kardashians increased her salary, which currently ranges between $7.5 million and $8.2 million every season.
3. The Rise of Kylie Cosmetics
Kylie's financial success skyrocketed with her entry into the beauty sector. At the age of 18, she launched Kylie Lip Kits in 2015, which quickly grew into the powerful business of Kylie Cosmetics. The lip kits, driven by her online presence and distinctive lips, generated an astounding $400 million in the first 18 months, rising to $630 million in two years and an extra $330 million by 2017. Strategic social media use and influencer marketing contributed to the brand's development, prompting Kylie to sell a 51% interest to Coty Inc. for $600 million in 2020. Despite widespread dissent, her effort to recover the majority share encountered serious obstacles.
4. Skincare Brand
Beyond the glitz of Kylie Cosmetics, Kylie's entrepreneurial career continues with the 2019 introduction of Kylie Skin, a skincare collection that includes cleansers, moisturizers, masks, and serums. Jenner seamlessly diversified her portfolio, appealing to a new skincare-focused customer. The quick popularity of Kylie Skin cements Jenner's status as a beauty entrepreneur, demonstrating her ability to address a wide range of beauty needs. Kylie's move into skincare did not only broaden her brand but also solidified her impact in the ever-changing world of beauty and cosmetics.
5. Fashion Partnerships
Kylie's influence extends beyond beauty, with major fashion partnerships. She collaborated with sister Kendall to develop the stylish Kendall + Kylie fashion line, which caters to young ladies and showcases their distinct style. Exclusive collaborations with renowned labels such as Balmain, Puma, Skims, Adidas, Calvin Klein, Beats x Balmain, and Nip + Fabs mark Kylie's breakthrough into premium fashion. While the exact earnings from these projects are unknown, estimations believe Kylie's fashion partnerships contribute significantly, potentially equal to millions of dollars, given her enormous social media income.
6. Launching Khy
Kylie's fashion prowess skyrocketed following the launch of her label, Khy, on November 1, 2023. In a typical display of her business prowess, the initial line, which included faux leather trench coats, dresses, slacks, and tops, quickly sold out, generating over $1 million in sales in only hours. The follow-up release, on November 15, 2023, featured winter-appropriate products like as puffer coats and base layers, mirroring the initial popularity. A third release, on December 7, 2023, included a cozier look with sweaters, sweatpants, and bigger tops. Despite pending sales data, Kylie's fashion venture continues to dominate.
7. The Launch of Kylie Swim
In 2021, Kylie Jenner launched Kylie Swim, a swimwear brand known for its inclusive size and design. Kylie's fashion insight and tremendous social media presence helped drive the bikini line to fame. However, success was marred by turbulence as quality flaws, such as transparency when wet, emerged alongside an increase in customer complaints. Kylie Swim eventually succumbed to these problems and faded from the scene. Redirecting attention, Kylie's current focus is on the booming Khy label.
8. Social Media Popularity
Kylie's financial success is inextricably linked to her social media popularity among a large online audience. She has significant digital influence with millions of Instagram, Twitter, and TikTok followers. Her personal brand's unique combination of accessible content and an aspirational lifestyle increases the popularity and profitability of her business efforts. Kylie's intentional use of social media goes beyond promotion to include personal branding and philanthropy, distinguishing her as a modern influencer capable of affecting debates and trends with a single post. Interestingly, each sponsored post is a profitable endeavor, with estimates ranging from $2 million to $3 million, as reported by The Things.
9. Kylie's Philanthropic Efforts
Beyond financial success, Kylie's philanthropic efforts shine as she donates to a variety of nonprofit causes, highlighting her position beyond entertainment and business. Serving as an ambassador for Smile Train, a 2016 lip kit release raised $500,000 for the cause. In 2020, amid the horrific Australian wildfires, Kylie donated $1 million to the relief effort. These acts of generosity show her dedication to making a positive difference, and establishing a public image that goes beyond glamour and financial acumen.
10. Evergrowing Empire
Kylie's rise from reality TV star to business mogul exemplifies her entrepreneurial spirit, strategic intelligence, and effective personal brand management. As her projects grow, her net worth is expected to rise more, cementing her place among significant personalities in pop culture and entrepreneurship. Kylie, the second wealthiest Kardashian-Jenner, is on the verge of becoming a billionaire due to her influence in fashion, cosmetics, news media, and society. Despite not yet being a billionaire, Forbes estimates her net worth at $680 million.
