Kylie Jenner Net Worth And Everything We Know In 2022 (Updated)

American model, reality TV celebrity, and cosmetics mogul Kylie Jenner. Kylie Jenner is worth $700 million at the time of this writing. Kylie’s annual income ranges from $40 million to $100 million.

She has amassed the most of her fortune through her cosmetics line, appropriately named Kylie Cosmetics. For $600 million, Kylie Jenner sold 51% of her business to Coty Inc. in November 2019.

The total enterprise is worth $1.2 billion at this valuation. As of the middle of the year 2020 (May), that value has dropped drastically. Though Kylie made an estimated $340 million after taxes from the transaction, the value of her remaining 45% ownership of the brand has dropped dramatically.

Indicators of Kylie Jenner’s Financial Success

On CelebrityNetWorth.com, Kylie’s net worth has been documented since November of 2011. We calculated that the 14-year-wealth old’s was $300,000 at the time. In June of 2013, we revised our forecast to $2,000,000. To put it into perspective, by the middle of 2014, her wealth had increased to $4 million. It wasn’t until July of 2016 that she hit $10 million.

In about the middle of 2017, Kylie’s wealth began to rapidly increase. A total of $50,000,000 was estimated to be hers as of June 2017. In July of this year, we increased that sum to $200 million. Our mid-2019 estimate places her worth at between $300 and $400 million, with the vast majority coming from the value of Kylie Cosmetics.

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Kylie Jenner Early life

It was in Los Angeles, California, on August 10, 1997, when Kylie Jenner entered the world. As the youngest child of Kris Jenner, an entrepreneur, and Bruce Jenner, a former Olympic athlete, she is the only child of the couple (who is known today as Caitlyn Jenner). Kylie’s half-siblings are Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, and Brody Jenner, and her older sister is model Kendall Jenner.

Kylie was only 10 when the first episode of Keeping Up with the Kardashians aired on E! on October 14, 2007, therefore she was a child star from the start. Right now, KUWTK has been on the air longer than any other reality show in the United States. For the first several seasons of the show, Kylie was a typical preteen.

She went to school and participated in cheerleading. She started homeschooling in 2012 after dropping out of public school. In July of 2015, she graduated from high school.

Can We Assume That Kylie Jenner Has A Billion Dollars? – NO.

Kylie Jenner Net Worth
Kylie Jenner Net Worth

On the 18th of November, 2019, Forbes officially recognized Kylie Jenner as a billionaire. After selling 51% of her cosmetics company to Coty Inc. for $600 million, at a valuation of $1.2 billion, Forbes reported that she became a billionaire. Coty Inc., the parent company of well-known cosmetics companies such as CoverGirl and MaxFactor, has been experiencing financial difficulties as of late.

Kylie will still represent the company in public. The sale, according to Forbes, was worth $588 million on paper for her remaining 49 percent ownership.

Even though it owns well-known brands like Clairol and OPI, Coty has seen sales decline and CEO change in recent years. The stock price of the European company managed by the investment group JAB Ltd. has dropped by more than half since 2016 when it purchased a dozen cosmetics brands from Procter & Gamble.

She managed to talk Coty Inc. into paying a staggering 27X multiple of profits, valuing the company at $1.2 billion.

Just so you know, Facebook’s stock price is equivalent to 26 times earnings. Price-to-earnings for Procter & Gamble is 24X. Coty’s stock price is equal to 18 times the company’s annual profit.

Kylie can expect to keep roughly $300 million after paying taxes on the $600 million gain from the sale. The structure of the $600 million is unclear at this time, so we can’t say for sure. Do you mean to say that it was strictly cash? Stock? Incorporating elements of both?

These concerns are crucial to her tax status and the amount of money she will take away from the agreement as a whole. In addition, the purchase is not expected to finalize until the third quarter of 2020, according to Coty.

Forbes produced a retraction piece on May 29, 2020, in which they stated that their prior reporting contained numerous inaccuracies. Totally fabricated by Kylie’s bookkeepers.

Kylie Jenner Estimates Of Future Success

When it comes to claims about Kylie’s fortune, we have been dubious for a long time. In the middle of 2018, we assessed her wealth to be between $150 and $200 million. Forbes estimated her net worth at $900 million in July of that year, saying she was on course to become the youngest self-made billionaire in the world on the strength of the reported income and growth of Kylie Cosmetics.

We both saw the identical figures and realized immediately that they were almost certainly fabricated. Because of this, we released the following on the same day that Forbes’ piece went live:

According to Forbes, Kylie’s cosmetics empire is worth $800 million as of 2018. According to the publication, Kylie’s business brought in $307 million in 2016, $330 million in 2017, and $100 million in profit in 2017. Kylie Cosmetics’ sales have been flat, according to the publication.

In reality, 2017’s total revenue only increased by 7%, falling $70 million short of projections made in the middle of the year. In addition, sales of her lip kit were down 35% year-over-year.

At the time, we believed that a multiple of 4x profits would have been more appropriate, resulting in a valuation of the company of $400 million. After paying taxes, she would have received almost $260 million as the sole owner. Consequently, we estimated that Kylie’s true net worth in July of 2018 was between $300 and $400 million.

We were completely off base with our assumptions above.

To withdraw their previous post, Forbes published “,” on May 29, 2020.

“Kylie Jenner: The Truth Behind Her Lie-Packed Web and the Fall from Billionaire Status.”

In that piece, Forbes formally acknowledges that they were completely wrong. Each and every one of them. All of the magazine covers and headlines they created were completely false. Retracted from Forbes in May 2020:

“Next, we looked at Kylie’s bank statements. According to the Coty presentation, annual revenues were $177 million in the year prior to the deal, which was significantly less than what was expected at the time.

Worse, Coty reported a 40% increase in sales from 2018, which would translate to around $125 million in revenue rather than the $360 million the Jenners told Forbes they made.

After launching in May of 2019, Kylie’s skincare line has already generated $100 million in sales. According to the reports, the brand was “on track” to end the year with sales of under $25 million.”

According to Forbes:

According to Rakuten’s data, which only monitors a small sample of receipts, Kylie’s online sales dropped by 62% between 2016 and 2018.

“The Jenners have been manipulating Forbes’ estimates of Kylie’s revenue and a net worth year since 2016, despite the fact that the firm was never particularly successful, to begin with. It is evident that Kylie’s camp has been dishonest, but we cannot show that the documents were forged.”

To Purchase Coty Products

But this doesn’t negate the fact that Kylie made a killing on the deal with Coty. Forbes retracted their original story since they realized that Kylie had not owned 100% of the company at the time of the sale.

It seems that Kris Jenner owned at least 10%. Kylie has sold 50% of her 90% ownership in the company for $1.2 billion. Kylie would have received approximately $340 million in post-tax cash from the acquisition if it had been an all-cash transaction, and she would have retained a paper of 45 percent ownership in the brand.

The deal has not been good for Kylie and Coty’s parent company’s stock price. After the announcement that Coty had spent much too much for Kylie Cosmetics and would likely have to write down the value of the brand, the company’s shares dropped by 60 percent in the six months following the transaction. Kylie’s remaining 45 percent will be worth less on paper if that happens.

November 18, 2019, is the date to mark on your calendar. On this date, news of the Kylie sale was made public. The price of a share of Coty stock was $12.22. The value of the shares dropped by 70 percent during the next few months.

Presently, investors estimate the company to be worth $2.8 billion. That’s the sum of a lot of brands, including Kylie Cosmetics, which, as we pointed out, was never worth anything near $1.2 billion on its own. The remaining 45 percent of Jenner’s interest in the Kylie brand will be worthless once Coty is forced to write off a large portion of the business.

Kylie Jenner Achievements And Praise Early In One’s Profession

When Kylie Jenner modeled for Sears’ “Crush Your Style” clothing collection, her career took off. OK! Magazine and Teen Vogue are just two of the publications that have featured photo shoots with her. Kylie Jenner first appeared on a runway in September 2011. Her debut was at New York Fashion Week. In the front row were their parents and siblings, cheering on their nervous little sister.

Despite her jitters, the tiny princess went down the runway in an Abbey Dawn ballerina-style black dress. With the help of her older sister Kendall’s fame, Jenner was able to get modeling jobs for companies like White Sands, an Australian swimsuit designer. In 2010, both Jenner and her older sister were featured in an article titled “Beautiful People” in People magazine.

Celebrity premieres for both Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 were held in Los Angeles, and both Kylie and Kendall were on hand to emcee the red carpet. At the March 12, 2012, premiere of The Hunger Games, they also did an interview in the Bing Box.

Both Kylie and Kendall made $100,000 in 2013 as spokespeople for Nicole by OPI nail polish. In addition to their fashion lines, Kylie and Kendall Jenner have released a science fiction novel titled Rebels: City of Indra. Kylie made her acting debut in a trailer for the 2014 Much Music Video Awards, which she and Kendall hosted.

The Kylie by Steve Madden handbag collection debuted in 2014. She signed on with Nip + Fab as their official brand ambassador back in March of 2015. Kylie and Kendall Jenner debuted their first clothing line for Topshop, a British apparel company, in June 2015. Kylie joined PUMA as their brand ambassador that same year (2016).

Kylie has collaborated with an Australian eyewear brand called Quay Australia to release a collection of sunglasses for sale in 2017.

Kylie Jenner Cosmetics

Kylie’s cosmetics business has made her incredibly wealthy. In August of 2015, she launched her first product: a collection of lipsticks. The “Kylie Lip Kit” became an overnight sensation. In September of 2015, she released a custom website and mobile app.

Property Owned By Kylie Jenner

The youngest of the Kardashian-Jenner sisters has been actively buying and selling real estate in the Southern California area for quite some time. In 2016, she spent $12 million on a Cape Code-style estate in Hidden Hills, California, which is now her permanent residence.

The mansion in Holmby Hills, California cost Kylie $36.5 million in April of 2020.

A vacant lot in Hidden Hills, California, cost Kylie $15 million in May of 2020.

Kylie Jenner Personal Life

Kylie’s relationship with rapper Travis Scott began that year. A daughter was born to them in February of 2018. They separated in the middle of 2019. Tyga, a rapper, was her ex-boyfriend from 2014 to 2017.

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