Unless you live under a rock, you probably know who Kylie Jenner is. Recently named the world’s youngest self-made billionaire, Kylie is already doing pretty well for herself at just 21 years old. This social media star took advantage of her following and started a successful business. She entertains her millions of followers and grows her net worth with photos of her luxury cars, private jets, and flawless body.
We’re here to share a timeline of how and why her wealth has grown so large!
Kylie Jenner Net Worth: $1 billion
Kylie Jenner is the richest, by far. Kim Kardashian comes in second. Even so, Kylie is still worth nearly three times the amount of Kim.
On our recent #TheOnePercent podcast episode, the topic of Kylie Jenner becoming the youngest billionaire came about. We discuss her business strategy and more – check it out below!
Even at a young age, Kylie’s life was never considered normal. She was born in Los Angeles and is the daughter of 1976 Summer Olympics decathlon winner Bruce Jenner (now known as Caitlyn Jenner). Kylie has an older sister, as well as four half-siblings on her mom’s side.
She went to Sierra Canyon School (a private high school) for a year, but became homeschooled soon after. Her family’s reality TV show, Keeping Up With the Kardashians, started when she was just 9. It soon became popular and she was always in the spotlight.
It’s a simple fact that the Kardashians are filthy rich. However, it’s surprising to hear how much richer Kylie is than her sisters! Even when comparing her net worth with other young celebrities and stars, she blows them out of the water.
Other Rich, Young Celebrities
Even before starting her own business, Kylie had profits coming in from ads on her social media accounts and reality TV paychecks. Her family’s show, Keeping Up with the Kardashians, pays the family about $30 million per season. It’s unknown how that’s divided up, but she definitely gets a good chunk.
Kylie also had a spin-off reality show of her own! Life of Kylie was an eight episode show that premiered in August of 2017, but was canceled soon later.
Kylie’s Instagram is also a good source of income for this social media mogul – 140 million followers will do the trick. Sources state that a sponsored post on her account costs $1 million. In addition, her Twitter account has nearly 30 million followers.
Kylie Jenner also does some modeling. In 2016, she was announced to be the new face of PUMA (along with Rae Sremmurd). You’ll find her face on the front of plenty top fashion and business magazines.
Kylie always loved makeup. It’s no surprise she started her own cosmetics company!
Kylie Jenner’s makeup line is the main contributor to her huge growth in wealth and net worth. Kylie Cosmetics was created in 2015, and has grown to a 7 figure business in just four years. She owns 100% stake in her company.
To start out, she invested $250,000 in it to produce the first 15,000 products. She started selling exclusive Kylie Lip Kits for $29, which came with a lip liner pencil and liquid lipstick. Over time, they slowly began to branch out to other products. They now sell a wide variety of products including eyeshadow palettes, highlighters, lip glosses, eyebrow kits, face palettes, and bundles.
Kylie Cosmetics is soon releasing a “Kylie Skin” line!
In the first 18 months, the company generated $420 million in revenue. Kylie Jenner’s net worth soon saw a huge burst as the company grew. Aside from the founder being one of the largest social media influencers, Kylie Cosmetics has done so well due to the exclusivity.
When she first began, she only sold lip kits and released them spontaneously for her social media followers. The demand was incredibly high – they sold out within minutes. The first lip kits sold out in under one minute. Many people were re-selling them for double the price on eBay. During one release, the huge spike in traffic broke Google Analytics!
Now, her signature products are mostly stocked up. They were primarily an ecommerce business (other than the rare pop up shop) until they recently got into Ulta. During the first week in Ulta, they sold almost $55 million. Kylie Cosmetics also releases exclusive holiday collections that sell out quickly.
When it comes to Kylie Jenner’s net worth, Forbes states her company is worth $900 million. This makes up 90% of her entire worth!
Many contemplate if Kylie is truly “self-made” since she grew up in fame and fortune. Would she have been successful otherwise? We think so. Kylie definitely had an advantage, but she knows how to be an entrepreneur and turn her advantage into gold. She leveraged her social media following to create an incredibly successful business!
Just look at the net worth of her family members. Kylie is worth nearly three times Kim Kardashian’s net worth, the second richest person in the family (and Kim is nearly 40).
In 2013, Kylie teamed up with Kendall (her sister) to release their first exclusive clothing collection for Pacsun. Their collaboration still exists and new collections are released every season. They continued to release Kendall + Kylie collections with various companies including Topshop, Nordstrom, and Revolve.
In 2017, Kylie also collaborated with Quay Australia to release a line of sunglasses, Quay x Kylie.
Not only does Kylie Jenner already have a billion dollars, but she has already started a family. If you dream of having kids, why not start early when you’re a billionaire?
Kylie Jenner’s baby daughter Stormi was born on February 1, 2018. Travis Scott is the father. Her pregnancy shocked millions of fans – nobody knew until after she gave birth! There was plenty of speculation, however.
Kylie has had two serious relationships in the last few years. Her first was Tyga, who she dated from age 17–19. Kylie Jenner’s age may have had to do with their breakup. He was eight years older than her, which is a lot when you’re still a teenager!
After their breakup in 2017, Kylie met Travis Scott at Coachella and they instantly fell for each other. They were so hooked that she simply jetted off to join Travis on the rest of his tour! Sounds like a pretty spectacular first date.
Travis Scott is also the father of Stormi. There are rumors of their engagement due to Kylie’s glamorous ring (there are cheating rumors too, so who knows).
She also dated Jaden Smith for a short period when she was 15.
Kylie’s Instagram is filled with photos of her in a thousand dollar outfit, playing with her gorgeous friends, standing by a luxurious car, spending time with her baby, or inside one of her glamorous homes. The world is her playground.
In the last four years, Kylie has bought a variety of properties for herself. We’re surprised she hasn’t indulged in more considering the high net worth of Kylie Jenner!
We’ll start from the newest purchases to the oldest.
It seems like Kylie is flashing a new, luxury car every week. A recent picture showcases her with six different cars! We’re not sure if all of them belong to her, but we wouldn’t be surprised. Kylie Jenner’s net worth in 2019 is $1 billion. She’s only 21, so we can only imagine her car portfolio growing.
The photo features two shades of Range Rovers, a Rolls Royce, a Porsche, a Lamborghini, and a Ferrari. She also has two other Rolls Royce cars – one is vintage and was gifted to her by Travis Scott.
Not only does she buy cars for herself, but Kylie gave her mother a $250,000 Ferrari for her birthday in 2018. She also gifted her ex-boyfriend Tyga a bentley.
Another glance at Kylie’s IG will show her lavish outfits and expensive trips. Her arm candy and rings often add up to $10,000+ worth. These are some of Kylie’s signature outfits, pieces, and other lifestyle purchases. Even with these crazy purchases, Kylie Jenner’s net worth still remains incredibly high.
Overall, Kylie Jenner used her social media power to create a makeup empire. Although she had an advantage from being born into a rich and famous family, she was able to leverage this to become much richer than all of her family members. As a 21-year-old billionaire with an incredibly successful company, Kylie Jenner’s net worth is only going to keep growing!