|Net Worth:||$750 Million
|Date of Birth:||Aug 10, 1997 (25 years old)
|Height:||5 ft 8 in (1.75 m)
|Profession:||Model, TV Personality, Writer
|Nationality:||United States of America
The corporation is worth $1.2 billion. The value dropped after the deal. Kylie got roughly $340 million after taxes from the deal, but her remaining 45% ownership has decreased.
Kylie Jenner’s net worth
Kylie’s fortune was first tracked in November 2011. Our estimate doubled in June 2013. By mid-2014, she had $4 million. In July 2016, she reached $10 million. Mid-2017 saw Kylie’s net worth soar. She was valued at $50 million in June 2017. July 2018 saw a $200 million increase. In mid-2019, we assessed her worth at $300-400 million, much of it dependent on Kylie Cosmetics. Kylie concluded 2020 with $650m and 2021 with $700m. Kylie Jenner’s net worth is $40 and $100 million from her various businesses every year.
Kylie Jenner was born in LA on 8/10/1997. Kylie was 10 when KKW debuted on E! on October 14, 2007. KUWTK is America’s longest-running reality show. Early in the show’s run, Kylie was a preteen who attended school and cheered. In 2012, she began homeschooling. 2015 was her graduation month.
Kylie Jenner: Billionaire? NO.
Kylie Jenner became a millionaire on November 18, 2019. Kylie is the brand’s face. Forbes estimated her remaining 49% interest at $588 million.
Coty has suffered from decreasing revenue and executive change in recent years. The European company, held by JAB Ltd., saw its stock price cut in half after acquiring 12 cosmetics brands from Procter & Gamble in 2016.
She pushed Coty Inc to pay 27X profits for the $1.2 billion company.
Facebook’s profit multiple is 26. 24X P&G. Coty is 18X profit.
Kylie will likely have $300 million after taxes on the $600 million deal. We cannot be sure because $600 million is not structured yet. Cash only? Stock? Both? These uncertainties affect her tax classification and net deal cash.
Forbes published a retraction on May 29, 2020, admitting all previous numbers were inaccurate. Kylie’s accountants lied.
Kylie Jenner’s net worth
Celebrity Net Worth has questioned Kylie’s wealth for years. We saw the exact figures and knew they were bogus. According to Forbes, Kylie’s beauty brand is worth $800 million. Kylie’s company made $307 million in 2016, $330 million in 2017, and $100 million in profit. The story noted Kylie Cosmetics’ flat sales. In 2017, overall sales climbed barely 7%, $70 million less than expected in mid-2017. Lip-kit sales were down 35% year-over-year.
A more reasonable multiple at the time would have been 4x profits, valuing the company at $400 million. As a 100% owner, she would have made $260 million after taxes. We thought Kylie’s July 2018 net worth was $300-400 million.
Everything above is wrong.
Everything All of their headlines and magazine covers were fabricated. Forbes retraction, May 2020:
“Kylie’s finances followed. Coty’s 12-month revenue before the deal was $177 million, well below reported projections. Coty reported sales were up 40% from 2018, but the company only made $125 million, not the $360 million the Jenners told Forbes. Kylie’s skincare company made $100 million in its first month and a half, her reps said.
Kylie still made a tonne of money from Coty, however. Kris Jenner owned 10%. Kylie’s 90% ownership was worth $1.2 billion. If the sale were all-cash, Kylie would have received $340 million after taxes while still controlling 45% of the brand.
Kylie’s sale has hurt Coty’s stock price. Coty stock chart from May 2019 to May 2020: Mark November 18, 2019, on the chart. It was announced that day. Coty was $12.22. The stock dropped 70% in a few months.
Investors value the corporation at $2.8 billion. That is the valuation of dozens of brands, including Kylie Cosmetics, which was never worth $1.2 billion. Coty will undoubtedly write off a significant portion of the Kylie brand, rendering Jenner’s 45% investment worthless.
Jenner Value (Getty) Success and Endorsements
Kylie Jenner started modeling with Sears’ “Crush Your Style” range. She has been in OK! and Teen Vogue picture shoots. Kylie Jenner debuted at NYFW in September 2011. Family members cheered for their little sister in the front row. This tiny princess sauntered in a black Abbey Dawn ballerina-style dress down the catwalk. Jenner followed in Kendall’s footsteps by modeling for White Sands. Jenner and her sister appeared in People’s 2010 beautiful people issue. Kylie and Kendall attended Glee: The 3D Concert Movie and Breaking Dawn – Part 1 red carpet events in Los Angeles. At The Hunger Games premiere on March 12, 2012, they performed a Bing Box interview.
Kylie’s cosmetics empire made her rich. In August 2015, she launched a lipstick line. “Kylie Lip Kit” was a hit. In 2015, she established a website and app.
Kylie Jenner’s property
The youngest Kardashian-Jenner sister has bought and sold residences in SoCal. She has FIVE Southern California mansions.
Her present home is an eight-bedroom, 11-bathroom Cape Code estate she bought in 2016 for $12 million. Eight bedrooms and 11 bathrooms are in the 13,000-square-foot mansion.
- She and Travis Scott bought a Beverly Hills house for $13.45 million in October 2018.
- Kylie paid $3.25 million for undeveloped land in La Quinta, California’s prestigious Madison Club gated enclave, in February 2019.
- She bought a California property for $36.5 million in April 2020.
- Kylie spent $15 million for a Hidden Hills, California lot in May 2020. She hired Richard Landry to design an 18,000-square-foot house.
A Kris Jenner insider says Kyle spends $300,000 monthly on clothes for herself and her daughter. She spends $300-400,000/month on cars and security.
Various deals totaled $80 million for the previously named properties. Her California property tax bill is 1% of the purchase price. Kylie owes California $800,000 in property taxes, or $67k each month.
“Climate Criminal”+private jet
Kylie bought a Global Express for $72 million. She uses the jet even for short flights. Kylie gained the epithet “Climate Criminal” after using her jet to travel from Van Nuys to Camarillo, California, which could have taken a half hour by automobile. She was called “classless” after posting a photo with Travis Scott in front of two private jets with the message “You want to take mine or yours?”
Kylie dated Travis Scott in 2017. February 2018 brought a daughter. Mid-2019, they separated. From 2014-2017, she dated rapper Tyga.
Kylie Jenner has $750m.
- 2011: $300,000 2013
- 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 $750,000,000
Kylie Jenner is a model and cosmetics entrepreneur. She has $750m. Kylie Jenner’s net worth is $40-$100 million. The deal lowered its value. Kylie gained $340 million after taxes, but her 45% ownership has diminished.