Kylie Jenner's Net Worth Revealed: Inside Her $900 Million Fortune
Introduction
Kylie Jenner has become one of the most famous and wealthy people in the world seemingly overnight. The 22-year-old has leveraged her family's fame and her massive social media following to build a cosmetics empire and amass an astonishing net worth.
Kylie's Rise to Fame
Kylie first came into the public eye as the youngest member of the Kardashian-Jenner family on their hit reality show Keeping Up with the Kardashians. Along with her older sister Kendall, viewers watched as she grew up before their eyes.
But it was Kylie's social media usage that really catapulted her to fame. She quickly became one of the most followed people on Instagram, Snapchat and other platforms. Brands and companies realized that her endorsements and posts were enormously influential over her millions of engaged followers.
Launching Kylie Cosmetics
Leveraging her huge social media presence, Kylie launched her own cosmetics company called Kylie Cosmetics. She started by selling $29 lip kits containing a lip liner and matching lipstick.
Thanks to viral promotion and endorsements from Kylie herself, the lip kits were an immediate best-seller. Kylie Cosmetics quickly expanded to offer a full range of makeup products.
Within just 18 months, Kylie Cosmetics was already generating over $400 million in revenue. Kylie's lip kits and other products frequently sell out within minutes of launching.
Forbes Youngest "Self-Made" Billionaire
Due to the meteoric success of Kylie Cosmetics, Forbes declared Kylie the youngest "self-made" billionaire ever in 2019 at the age of 21. However, the "self-made" designation was controversial, since she undoubtedly benefited from her family's existing fame and resources.
Regardless, Kylie's net worth was estimated to be $1 billion at the time, thanks almost entirely to the value of her cosmetics company. And her fortune has only continued to grow.
What is Kylie Jenner's Net Worth in 2022?
Today, Forbes estimates 22-year-old Kylie Jenner's net worth at $900 million. Here's a breakdown of where her fortune comes from:
Kylie Cosmetics - $500 million
The vast majority of Kylie's net worth is derived from the value of her cosmetics company. She owns 100% of Kylie Cosmetics, which brings in over $400 million in revenue per year.
Conservative estimates put the overall valuation of the company at $500 million. With recent revenue growth, the true valuation could potentially be much higher.
Cash Earnings - $200 million
On top of the value of her company, Kylie has earned over $200 million in after-tax cash profits from Kylie Cosmetics. This cash has allowed her to buy luxury real estate, cars and other extravagances.
Other Income Sources - $200 million
Aside from Kylie Cosmetics, Jenner earns tens of millions per year from other sources like endorsements, appearances and investments. Celebrity Net Worth estimates her total income last year from these other sources at $40 million.
How Does Kylie Jenner Spend Her Fortune?
With an enormous net worth, Kylie can afford an outrageously lavish lifestyle. Here are some of the ways she chooses to spend her fortune:
Real Estate - $150 million
Kylie has an impressive real estate portfolio including a $12 million mansion in Hidden Hills, a $13.5 million Beverly Hills estate and a $36.5 million Holmby Hills compound. In total, her real estate holdings are worth around $150 million.
Exotic Cars - $10 million+
Jenner's car collection includes exotic vehicles like a Rolls-Royce Ghost, Ferrari LaFerrari and several ultra-luxury Mercedes. Just the LaFerrari alone is worth $1.4 million. The total value of her car collection likely exceeds $10 million.
Private Jets
To travel in style, Jenner frequently charters private jets for her and her entourage. These can cost $5,000 per HOUR to rent. And she brings her private jet to events like the Billboard Music Awards.
Luxury Handbags - $500,000+
Kylie regularly buys handbags that cost $10,000 to $100,000+ from designers like Chanel, Hermes and Louis Vuitton. Her valuable handbag collection is likely worth at least half a million dollars.
While most 22-year-olds are just starting their careers, Kylie Jenner is worth $900 million and living an outrageously luxurious lifestyle. Her fortune should continue rising rapidly in the years ahead as her cosmetics empire expands. She could become the youngest billionaire in the world once again if current trends continue.
FAQs
How did Kylie Jenner make her money?
Kylie Jenner made the vast majority of her fortune through her cosmetics company, Kylie Cosmetics. She started by selling lip kits and has expanded into a full makeup empire.
What is Kylie Jenner's net worth in 2022?
In 2022, Kylie Jenner's net worth is estimated at $900 million.
How much money does Kylie Jenner make per year?
In 2020, Kylie earned an estimated $40 million from endorsements and other business ventures outside of Kylie Cosmetics. Her cosmetics company brings in over $400 million in revenue annually.
How old was Kylie Jenner when she became a billionaire?
Kylie Jenner was 21 years old in 2019 when Forbes declared her the youngest "self-made" billionaire ever.
What does Kylie Jenner spend her money on?
Kylie spends her fortune on real estate, exotic cars, private jets, luxury Handbags and more. She owns $150 million in real estate and has a car collection worth over $10 million.
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