Social media has provided a platform to reach so many people at once and many people have ridden on the waves to achieve unimaginable feats. Kylie Jenner is one of the young individuals who has benefited from the wide reach of social media with her millions of followers on Instagram. While many might argue that she was born into a family of affluence, it doesn’t take away the fact that Kylie Jenner’s net worth reflects what she has been able to achieve at a very young age. She is a young and smart businesswoman, a media personality, model and fashion/beauty entrepreneur who has successfully monetized her many passions to achieve an insane net worth.
Kylie Jenner’s Net Worth
According to Forbes, Kylie reached a net worth of $1 billion in March 2019 at age 21, making her the youngest billionaire in the world at the time. However, there have been series of arguments and controversies over her being a ‘self-made’ billionaire – considering her privileged background which provided her with all the opportunities and most importantly, the platform to achieve all that she has. But, her supporters maintain that her background which might have given her a platform didn’t do all the hard work for her. Kylie has continued to thrive within all these controversies.
A Breakdown of How She Made all That Insane Money
Born in 1997, Kylie Jenner’s net worth started growing when she began to appear alongside her parents, sister and half-sisters on the reality TV Series Keeping Up with the Kardashians in 2007. Being the youngest in the family, she practically did everything and appeared everywhere with her elder sister (Kendall). Her earliest endorsement with OPI where she earned $100,000 was with her sister. In 2013, they launched the Kendall & Kylie Collection in collaboration with PacSun. They also launched their jewelry line Metal Haven by Kendall & Kyle jewelry with Pascal Mouawad’s Glamhouse the same 2013.
In 2014, Kylie alongside her sister launched a shoe and handbag line for Steve Madden. Kylie made her acting debut in a promo for the 2014 Much Music Video Awards which she co-hosted with her sister. Towards the end of 2014, Kylie had gained a considerable amount of confidence in herself and began to launch out on her own. She had a partnership with Bellami Hair which helped her launch her line of hair extensions Kylie Hair Kouture. She launched another clothing line with her sister in 2015 with (the British fashion retailer) Topshop.
2015 was a big year for Kylie. She announced the launching of Kylie Lip Kit which she later renamed Kylie Cosmetics to cover a wide range of other products. She also launched her personalized website and a mobile app which were all well received. After she renamed her company Kylie Cosmetics, the kits produced rose drastically from 15,000 to 500,000.
With the astronomical increase in her kit sales, she made Forbes Celebrity 100 list after her earnings from the previous year was estimated at $41 million. As of 2018, the company was reported to have sold $630 million worth of makeup and her net worth estimated at $900 million.
In 2019, she has pushed forward in her business endeavors by launching her skincare brand named ‘Kylie Skin’ which produces face washes, moisturizers, scrubs and makeup removing wipes. She also teamed up with her big sister Kim Kardashian West to launch a new fragrance which is uncharted territory for the young entrepreneur.
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Other Sources Of Kylie Jenner’s Net Worth
One of the ways Kylie Jenner’s net worth has grown is through social media. For a very long time, she used her platform to push her brand and cosmetics while endorsing a few choice brands.
Asides from all that she makes from her personal business, she is a brand ambassador for different companies and products. Some of them include Skincare brand Nip + Fab.
She has also earned a considerable amount from their family reality show Keeping up with the Kardashians and another show that revolves around her life Life of Kylie. Kylie filed to trademark the phrase “rise and shine” after a video of her singing it to her 1-year-old baby Stormi went viral. The hashtag reached a billion views on TikTok with many of her fans speculating that it might be the name for a new baby line about to be launched by Kylie.