Kylie Jenner is one of the most famous and influential celebrities in the world. She is a reality TV star, a cosmetics entrepreneur, and a social media sensation. But how did she achieve such a staggering net worth at such a young age?

From Reality TV to Lip Kits

Kylie Jenner was born in 1997, the youngest daughter of Kris and Caitlyn Jenner. She grew up in the spotlight, as one of the stars of the popular reality show “Keeping Up with the Kardashians”, which premiered when she was just 10 years old.

She started her modeling career at 14, and used $250,000 of her earnings to launch her own line of lip kits in 2015. The lip kits, which consisted of a matching lipstick and lip liner, were an instant hit, selling out within minutes of their online release. Kylie soon expanded her product range to include eyeshadows, blushes, highlighters, and more, under the brand name Kylie Cosmetics.

The Billion-Dollar Deal

In 2019, Kylie Jenner made history by becoming the youngest self-made billionaire ever, according to Forbes. She achieved this milestone by selling 51% of Kylie Cosmetics to the beauty giant Coty, Inc. for $600 million, valuing her company at $1.2 billion. She pocketed some $540 million, pretax, from the deal.

However, in 2020, Forbes revoked her billionaire status, after revealing that the business was much smaller than the family claimed for years. Forbes estimated her net worth at $900 million in 2020, and $680 million in 2021.

The Future of Kylie Jenner

Despite the controversy, Kylie Jenner remains one of the most successful and influential celebrities in the world. She has over 300 million followers on Instagram, where she promotes her products and lifestyle. She also has a loyal fan base, who buy her merchandise, watch her YouTube videos, and support her ventures.

As of January 2024, Kylie Jenner’s net worth is estimated at $750 million, making her one of the youngest billionaires in the world. She continues to run Kylie Cosmetics, as well as her new skincare line, Kylie Skin. She is also a mother to her daughter Stormi, whom she shares with rapper Travis Scott.

Conclusion

Kylie Jenner is a remarkable example of how a young woman can turn her passion and talent into a global empire. She is a self-made mogul, who has leveraged her fame, fortune, and influence to create her own brand and legacy. She is an inspiration to many, and a force to be reckoned with in the entertainment and beauty industry.