As of August 2023, Kylie Jenner’s net worth is reported to be around $680 million. At 25 years old, she ranks as the youngest person on Forbes’ list of Richest Self-Made Women Under 40 for the sixth consecutive year. How did she amass such a fortune? Read on to find out.
While the numbers might fluctuate, Kylie Jenner’s net worth remains one of the most intriguing aspects of the modern celebrity landscape. With business ventures, TV shows, and endorsements, she’s built an empire that most can only dream of.
| Year | Event |
|---|---|
| 2015 | Launched Kylie Cosmetics |
| 2016 | Generated $307 million in revenue |
| 2017 | Generated $400 million in revenue |
| 2018 | Generated $500 million in revenue |
| 2019 | Forbes’ youngest self-made billionaire claim |
| 2020 | Forbes retracts billionaire status claim |
| 2023 | Net worth is $680 million |
Kylie Jenner started her journey to millions with the launch of her cosmetics company in 2015. The company took off quickly, earning $307 million in its first year.
In the following years, the revenue only increased, reaching up to $400 million and $500 million in 2017 and 2018, respectively.
In 2019, Forbes labeled Jenner as the youngest self-made billionaire, estimating her company’s worth to be $1 billion. However, they retracted this claim in 2020, stating that they had overestimated her net worth.
Despite the controversy, Kylie Jenner’s net worth continues to be a hot topic, showing her impressive financial power in the industry.
Apart from Kylie Cosmetics, Jenner has other sources of income. She makes money from her reality TV show, Keeping Up With the Kardashians, and has lucrative endorsement deals with brands like Adidas and Puma.
The blend of reality TV fame and savvy business moves has proved to be a winning combination for Jenner’s financial profile.
Kylie doesn’t just earn; she also spends. She often splurges on her family, homes, and, of course, her businesses. Reports suggest she also donates a substantial amount to charity, though the specifics are not publicly disclosed.
Interestingly, Kylie Jenner’s net worth makes her the second wealthiest in the Kardashian-Jenner clan, just behind Kim Kardashian. This says a lot, considering the financial prowess of her famous family.
While reports in August 2023 suggest her net worth has reached a remarkable $750 million, the more conservative estimate is $680 million. Either way, Jenner’s financial prowess cannot be underestimated.
Whether it’s $680 million or $750 million, Kylie Jenner’s net worth in 2023 is an impressive figure by any standard. Her journey from a reality TV star to a business magnate serves as an inspiration to many.
FAQs
Is Kylie Jenner a billionaire?
No, as of 2023, her net worth is estimated to be around $680 million.
How did Kylie Jenner become so rich?
Her primary source of wealth is her cosmetics company, Kylie Cosmetics, which she launched in 2015.
What is the controversy with Forbes?
In 2019, Forbes named her the youngest self-made billionaire, but retracted the claim in 2020, stating they had overestimated her net worth.
Who is richer, Kim or Kylie?
As of 2023, Kim Kardashian is reportedly wealthier than Kylie Jenner.
So there you have it, a comprehensive look into Kylie Jenner’s net worth. With her business acumen and ever-expanding ventures, one can only speculate what her next financial milestone will be.
