Kylie Jenner, the youngest member of the Kardashian-Jenner family, is not just a reality TV star but also a successful businesswoman. At just 23 years old, she became the youngest self-made billionaire ever according to Forbes. Her cosmetics company, Kylie Cosmetics, has been the driving force behind her immense wealth. In this article, we will delve into Kylie Jenner’s net worth, her rise to success, and her future plans.
Early Life and Career
Kylie Kristen Jenner was born on August 10, 1997, in Los Angeles, California. She is the youngest daughter of Kris Jenner and Caitlyn Jenner (formerly known as Bruce Jenner). Growing up, she was always in the limelight as a member of the famous Kardashian-Jenner family, appearing on their reality TV show, Keeping Up with the Kardashians, since she was just nine years old.
Kylie’s career started in 2015 when she launched her own cosmetics line, Kylie Lip Kits. The initial launch was a huge success, with the entire stock selling out within minutes. The following year, she renamed her brand to Kylie Cosmetics, expanding her range of products beyond just lip kits. You may like also: Leonardo DiCaprio’s Net Worth: From Growing Pains to Hollywood Star
Kylie Cosmetics and Net Worth
Kylie Cosmetics has been a massive success, with sales estimated to be around $630 million since its launch. The company’s value was estimated at $900 million in 2018, with Kylie owning 100% of the company at the time. This made her the youngest self-made billionaire ever at just 21 years old, according to Forbes.
However, controversy arose regarding her “self-made” status, with many arguing that her wealth and fame were due to her already being a part of the Kardashian-Jenner family. Nevertheless, Kylie’s business acumen cannot be denied as she has successfully managed to expand her brand beyond just cosmetics, including collaborations with other brands like Adidas and Puma.
As of 2023, Kylie Jenner’s net worth is estimated to be $900 million, making her one of the richest celebrities in the world.
Other Business Ventures
Apart from Kylie Cosmetics, Kylie has also dabbled in other business ventures. In 2019, she launched her own skincare line, Kylie Skin. The brand focuses on clean and vegan skincare, with products ranging from face washes to serums.
Kylie has also ventured into fashion, collaborating with her sister Kendall on a clothing line called Kendall + Kylie. The brand features trendy clothing and accessories, targeting a younger audience.
Personal Life and Philanthropy
Kylie Jenner’s personal life has also been in the spotlight, with her relationships and family drama often making headlines. In 2018, she gave birth to her first child, Stormi Webster, with rapper Travis Scott.
Despite her fame and wealth, Kylie has also been involved in philanthropy. She has donated to various causes, including the Children’s Hospital Los Angeles and Smile Train, a non-profit organization that provides cleft surgery to children in need.
As of now, Kylie Jenner shows no signs of slowing down. She continues to expand her business ventures and has hinted at launching a line of baby products in the future. She also plans to continue growing her cosmetics brand, with a focus on clean and sustainable beauty.
Kylie Jenner’s net worth and success at a young age have made her an inspiration for many aspiring entrepreneurs. Her journey from reality TV star to self-made billionaire is a testament to her business acumen and determination. As she continues to expand her brand and venture into new business opportunities, it will be interesting to see where her success takes her in the future.Tags: celebrity net worth, Kylie Jenner, Net Worth
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