Kylie Jenner Net Worth 2024: How Much is the Owner of Kylie Cosmetics Worth?

Kylie Jenner net worth is estimated to be around $700 million as of 2024. Kylie Jenner is an American media personality, socialite, businesswoman, and model born on August 10, 1997. She’s known for her role in the TV show “Keeping Up with the Kardashians” from 2007 to 2021 and now in “The Kardashians” on Hulu from 2022. She’s also famous as a social media star and businesswoman notably as the founder of Kylie Cosmetics. Jenner is one of the top five most followed people on Instagram.

At just 14 years old in 2012, Kylie partnered with PacSun to create a clothing line called Kendall & Kylie alongside her sister Kendall Jenner. Then in 2015, she launched her makeup brand starting with Kylie Lip Kits later renamed Kylie Cosmetics in 2016.

Kylie Jenner has been a significant figure in pop culture since the mid-2010s. Time magazine recognized her influence by listing her and her sister as influential teens in 2014 and 2015 highlighting their impact on social media. In 2017 Jenner became the youngest person on Forbes’ Celebrity 100 list. She also had her show “Life of Kylie” which premiered that same year.

Kylie’s wealth often covered by Forbes has sparked debate. In 2019, Forbes declared her the world’s youngest self-made billionaire at age 21 estimating her net worth at $1 billion. However, the idea of Jenner being self-made has been contentious. In 2020, Forbes accused Jenner of inflating her wealth with falsified tax documents.

What is Kylie Jenner Net Worth in 2024?

Kylie Jenner is an American media personality, socialite, businesswoman, and model with a net worth of $700 million as of 2024, according to Celebrity Net Worth. Each year, Kylie makes between $40 and $100 million from her work.

Most of her money comes from her makeup company, Kylie Cosmetics. In November 2019, she sold 51% of her company to Coty Inc. for $600 million, making the whole company worth $1.2 billion. However, the value of the company dropped soon after. Kylie made about $340 million after taxes from the sale, but her 45% share in the company is now worth less. During the year of the sale, Kylie spent $130 million on homes and a private jet.

Kylie Jenner’s Early Life and Education

Kylie Kristen Jenner was born in Los Angeles, California on August 10, 1997. Her parents are Caitlyn Jenner a former Olympic athlete and Kris Jenner a TV personality and businesswoman. Kylie’s ancestry includes Dutch English Irish Scottish and Welsh roots.

She has an older sister named Kendall and eight half-siblings. From Caitlyn’s side, she has half-brothers Burt Brandon and Brody Jenner and half-sister Cassandra Marino. From Kris’ side, Kylie has half-sisters Kourtney Kardashian, Kim Kardashian, Khloé Kardashian, and a half-brother Rob Kardashian.

Her parents divorced in 2015 before Caitlyn’s transition.

Kylie Jenner attended Sierra Canyon School and was part of the cheerleading team. She also acted in school and community plays. In 2012 she switched to homeschooling and completed her high school education through a program at Laurel Springs School in Ojai California graduating in July 2015.

Kylie Jenner’s Career

Keeping Up with the Kardashians

In 2007, Kylie Jenner and her family started appearing on the TV show “Keeping Up with the Kardashians”. This show follows their personal and work lives. It became trendy on E! and led to several spin-offs like Kourtney and Kim Take Miami and Khloé & Lamar. Jenner also appeared in these spin-offs from time to time.

She and her sisters hosted a movie event in Los Angeles in 2011 and were recognized as fashion stars by Seventeen magazine that same year. They were even chosen as “Style Ambassadors” for the magazine. Jenner hosted another Hollywood event in 2012 and interviewed actors from “The Hunger Games” at another big event in LA.

In 2012, Kylie Jenner along with her sister Kendall and mom Kris Jenner appeared on an episode of “America’s Next Top Model”.

Early ventures

From 2013 to 2014 the Jenner sisters co-hosted the Much Music Video Awards in Toronto. Kylie also began acting making her debut in a promotional video for the awards. In August 2014, they appeared in music videos for PartyNextDoor and Jaden Smith.

Kylie and Kendall wrote a novel together called Rebels: City of Indra: The Story of Lex and Livia set in a futuristic world called Indra. However, the book received criticism because it was mainly written by a ghostwriter named Maya Sloan even though the Jenner sisters provided the initial ideas. The novel didn’t do well critically or commercially but they followed it up with a sequel called “Time of the Twins”.

Rise of Kylie Cosmetics

The Jenner sisters faced criticism when they introduced Kanye West at the Billboard Music Awards in May 2015. Around the same time, Kylie Jenner publicly acknowledged getting her lips enhanced with fillers on an episode of Keeping Up with the Kardashians. This led to a lot of attention and even sparked a trend called the “Kylie Jenner Challenge” where people tried to plump their lips using suction. Despite this Kylie clarified she didn’t support people trying to look like her.

Later that year Kylie announced she would be launching her lipstick line called Kylie Lip Kit which eventually evolved into Kylie Cosmetics. The popularity soared and by early 2016 she expanded the range and production dramatically. She also appeared in music videos and even made a surprise visit to a high school prom.

In 2017, Kylie Jenner made headlines by being the youngest on Forbes’ Celebrity 100 list thanks to her impressive earnings. She also starred in her reality show “Life of Kylie”. Over the years Kylie continued to expand her beauty empire collaborating with family members like Kim Kardashian and launching new products under her Kylie Cosmetics and Kylie Skin brands. She also ventured into fragrances and partnered with brands like Balmain for exclusive makeup collections.

Debut of Kylie Skin

In a significant move in 2019, Kylie sold a majority stake in Kylie Cosmetics to Coty for a whopping $600 million. She further expanded her brand by trademarking phrases like “rise and shine” and ventured into other business areas like Kylie Con and Kylie Museum. Her success continued into 2020 with more product launches and collaborations including a special collection named after her daughter Stormi.

Throughout her career, Kylie Jenner has not only shaped the beauty industry but also cemented her status as a top earner in the celebrity world culminating in her topping Forbes’ list of highest-paid celebrities in 2020.

Business and television expansions

In 2020, Kylie Jenner and her family decided to end their long-running reality show “Keeping Up With the Kardashians” after being on TV for nearly 15 years and 20 seasons.

In August 2021, Jenner hinted at Kylie Swim her new line of swimwear that caters to women of all sizes. The collection officially launched on September 17 but faced criticism on social media for its perceived low quality and impractical design seen by some as only suitable for Instagram photos. Shortly after on September 21, Jenner announced a new line of skincare and hair products for babies called Kylie Baby.

By January 2022, Jenner made headlines by becoming the first woman to reach 300 million followers on Instagram surpassing singer Ariana Grande.

In April 2022, Kylie Jenner and her family returned to television with a new reality show called The Kardashians now streaming exclusively on Disney+ after leaving E! Network for Hulu. The show features Jenner, her sisters Kourtney, Kim, Khloe, and Kendall along with their mother Kris Jenner. It also includes appearances by ex and current partners such as Scott Disick, Travis Barker, Tristan Thompson, Corey Gamble, and even a guest spot by Kanye West. The first season premiered on April 14, 2022, with subsequent seasons announced for 2022 and 2023.

In 2024, Jenner expanded her entrepreneurial ventures by launching a clothing line named Khy. She also entered the beverage market with Sprinter a line of canned cocktails available in flavors like black cherry peach grapefruit and lime.

Kylie Jenner’s Personal Life

Relationships

In 2011, Kylie Jenner dated Australian singer Cody Simpson. In August 2014, Tyga and Jenner were seen getting close at her 17th birthday party. Shortly after Tyga broke up with Blac Chyna his fiancée and the mother of his son. In 2015, when Jenner turned 18, she and Tyga officially became a couple. Jenner appeared in two of Tyga’s music videos after that. They broke up in April 2017.

In April 2017, Kylie was first spotted with Travis Scott at Coachella. On February 1, 2018, Jenner gave birth to their daughter. Jenner also appeared in one of Scott’s music videos. They split in September 2019 but ended up getting back together while quarantining during the COVID-19 pandemic for their daughter’s sake.

On September 7, 2021, Kylie Jenner confirmed she was expecting their second child. Their son was born on February 2, 2022. They reportedly broke up again in January 2023. Since late 2023, Kylie has been dating actor Timothée Chalamet and they made their first public appearance as a couple at the 81st Golden Globes.

Friendship with Jordyn Woods

In 2012, Kylie Jenner met Jordyn Woods through their mutual friend Jaden Smith. They were close friends for years with Woods even appearing on Jenner’s reality TV show and pregnancy video. They collaborated on a makeup collection in 2018. Their friendship ended in 2019 due to Woods cheating with Tristan Thompson who was Khloé Kardashian’s fiancé. Jenner stopped selling their joint makeup line and cut prices to sell off remaining stock. They were seen together publicly again in July 2023 and Jenner mentioned in November 2023 that they had never completely ended their friendship.

Kylie Jenner’s Philanthropy

Kylie Jenner uses her influence for good by supporting various charities and causes. She sells her old clothes on eBay to raise money for Children’s Hospital Los Angeles. She’s also participated in charity events like bowling with her sisters and celebrities to raise funds for The Robin Hood Foundation.

In 2015, Kylie donated Christmas gifts to the Los Angeles LGBT Teen Center. In 2017, she gave $10000 to help her friend Jordyn Woods with funeral expenses. On her birthday that year, she donated $500000 from her Birthday Collection sales to Teen Cancer America.

Kylie is also involved with Smile Train funding surgeries for children with cleft lips. She even launched a lip kit called “Smile” and donated over $159000 to Smile Train.

Kylie Jenner’s generosity continued in 2019 when she gave $750000 to Nest of Love a feminist organization in Florida. In 2020, amidst the Australian bushfires, she donated $1 million to five organizations. During the COVID-19 pandemic, she donated hand sanitizers and $1 million for protective gear to healthcare workers in Southern California.

Kylie Jenner’s Controversies

In June 2017, Kendall and Kylie Jenner announced a new line of T-shirts under their brand Kendall + Kylie. The shirts featured images of rock and rap icons like The Notorious, B.I.G., Tupac Shakur, Metallica, and others with the Jenner sisters’ faces superimposed on them. This sparked immediate backlash from the families and representatives of the artists who criticized the use of these likenesses without permission. The Jenner sisters apologized and withdrew the shirts from sale.

Forbes cover

In August 2018, Forbes magazine featured Kylie Jenner on its cover estimating her net worth at $900 million. They predicted she might become the youngest self-made billionaire surpassing Mark Zuckerberg. However many criticized Forbes for calling her “self-made” arguing that she started with significant fame and wealth. This sparked debates about wealth inequality and privilege.

In May 2020, Forbes accused Jenner of inflating her wealth through forged tax documents and misleading revenue figures for her cosmetics company. Jenner denied these accusations calling them false and demanding a retraction. Despite this controversy, she still made Forbes’ list of richest self-made women in 2020.

Underpaying factory workers

The Jenner sisters’ clothing line Kendall + Kylie faced criticism from non-profit organizations for allegedly underpaying factory workers. Global Brands Group the manufacturer was accused of withholding wages and laying off workers unfairly prompting public outcry and calls for Jenner to address these issues.

Kylie Jenner has also been involved in several legal disputes. Makeup artist Vlada Haggarty accused Jenner of stealing her artistic style for her products leading to a settlement. Additionally, Kylie Minogue won a trademark battle against Jenner over the use of the name “Kylie.” Other disputes include a lawsuit over a neon lip logo and allegations by Seed Beauty of trade secret theft.

Kylie Jenner Real Estate

Kylie Jenner has bought and sold many homes in Southern California. Here’s a look at her properties:

Calabasas: Kylie bought her first home at 17 for $2.7 million in a gated community called “The Oaks.” She sold it in 2017 for $3.15 million.

Hidden Hills: Her main home now is a huge mansion she bought in 2016 for $12 million. It has 8 bedrooms and 11 bathrooms. In May 2020, Kylie bought a vacant lot for $15 million and plans to build an 18,000-square-foot mansion there. She also bought another mansion in Hidden Hills for $6 million in 2016 but sold it in 2018 for $6.7 million. The empty lot next door sold for $5.35 million.

Beverly Hills: Kylie and Travis Scott bought a house here in October 2018 for $13.45 million. They tried to sell it in October 2022 for nearly $22 million.

La Quinta: In February 2019, Kylie bought a plot of land in La Quinta for $3.25 million. It’s in a gated community where other family members also live.

Holmby Hills: Kylie bought a 15,000-square-foot mansion in Holmby Hills for $36.5 million in April 2020.