Kylie Jenner, the youngest member of the Kardashian-Jenner circle of relatives, has turned out to be a family name because of her big social media following and her successful cosmetics line.
At simply 24 years old, Jenner has a net worth of $900 million, making her the youngest self-made billionaire in history. In this text, we will take a closer study of how Kylie Jenner made her fortune and what sets her aside from other younger entrepreneurs.
Early Life and Career
Born on August 10, 1997, in Los Angeles, California, Kylie Jenner grew up in a family that become already in the public eye. Her mother, Kris Jenner, turned into the supervisor of the Kardashian’s own family, and her father changed into a former Olympic athlete.
— Kylie Jenner (@KylieJenner) March 16, 2023
Kylie started out performing on the circle of relatives truth TV display, “Keeping Up with the Kardashians,” when she turned just nine years old. However, it wasn’t until she became a youngster that she commenced to carve out her very own professional direction.
Kylie Jenner’s Net Worth
Kylie Jenner’s net worth is currently $900 million. While plenty of her wealth comes from her cosmetics line, Jenner’s other enterprise ventures and actual estate holdings have also contributed to her fortune.
It’s worth noting, however, that there has been some controversy surrounding Jenner’s “self-made” popularity, with a few critics arguing that her family’s wealth and repute gave her a huge gain in building her emblem.
The Rise of a Beauty Empire In 2015, Kylie Jenner launched her personal cosmetics line, to start with presenting a limited range of lip kits. The logo fast won a huge following on social media, and the goods were always bought out within mins of being released.
promo ends tonight 2.14 at 11:59 pm pst. choose from matte liquid lipsticks, high glosses, lip blushes and lip shine lacquers. pic.twitter.com/RdXDnV2mTw
— Kylie Cosmetics (@kyliecosmetics) February 14, 2023
Over the years, Kylie Cosmetics has accelerated its product variety, presenting the whole lot from eyeshadows to skin care. In 2019, Jenner offered a 51% stake within the agency to Coty Inc. For $600 million, valuing the employer at $1.2 billion.
Diversifying Her Portfolio:
Other Business Ventures In addition to her cosmetics line, Kylie Jenner has also pursued other business ventures.
She launched an apparel line with her sister, Kendall, in 2013, and has additionally recommended more than a few merchandise, consisting of Puma sneakers and Quibi, a now-defunct quick-shape streaming platform.
Jenner additionally owns numerous homes, which include a $36.5 million mansion in Holmby Hills, California.
Personal Life and Philanthropy
In April 2017, Jenner become first seen with Travis Scott at Coachella. On February 1, 2018, Jenner gave birth to their daughter. Jenner seemed inside the music video for “Stop Trying to Be God”, from Scott’s third studio album Astroworld.
They broke up in September 2019 but quarantined together for the duration of the COVID-19 pandemic for the sake of their daughter and ended up rekindling their date. On September 7, 2021, after weeks of hypothesis, Jenner revealed that she and Scott were expecting their second infant. Jenner gave beginning to their son on February 2, 2022.
Jenner has additionally been vocal approximately her struggles with anxiety and has used her platform to elevate focus approximately mental health problems. In 2020, she donated $1 million to covid19 relief efforts and has also supported various charities, which include Smile Train and Children’s Hospital Los Angeles.