Kylie Jenner has a net worth of $700 million as of 2022. That’s a big leap from the 24-year-old model and entrepreneur’s net worth of $300,000 in 2011. But do you know how she’s helping children and women with her money or what role she played in providing aid to frontline workers during the Covid-19 pandemic? Read on to know more.
|Net worth||$700 Million|
|Date of birth||August 10, 1997|
|Height||5 feet 6 inches|
How did Kylie Jenner boost her net worth?
She was “the youngest self-made billionaire of all time” in 2019, but Jenner’s net worth has declined to $700 million, as of October 2020. However, $700 million is still big. No surprise, she belongs to the Kardashian family.
Obviously, she had help with exposure. She was into modeling for the longest time and she made money off of endorsements. However, she expanded her brand when she ventured into the entrepreneurial world. Currently pregnant, the star recently launched Kylie Baby, a new brand of cosmetics designed for kids up to the age of 10.
Is Kylie Jenner still the youngest billionaire?
Kylie founded Kylie Cosmetics in 2014, and the primary source of her income came from there. She owned 100 percent of her company. In January 2019, she sold a little over half her company for $600 million — 51 percent to be precise. But her stake in Kylie Cosmetics is still valued to be $300 million.
Forbes retracted her billionaire status back in May 2020, claiming that Kylie and her mother Kris may have inflated her cosmetic earnings over the years. Kylie Jenner had a net worth of just under $900 million before her lucrative Coty Inc. deal. Meanwhile, if you want to calculate your net worth, read our blog.
How much did Kylie Jenner make on KUWTK?
‘Keeping Up With The Kardashians’, popularly known by its acronym ‘KUTWK’, is what initially propelled the family to hit billionaire status. The reality show came to an end after 20 seasons when the family decided that they don’t need that income to stay afloat.
Kylie Jenner first appeared on ‘Keeping Up With The Kardashians’ in 2010. However, her main source of income was never ‘KUWTK’. On the show, she reportedly banked $500,000 for each episode. This changed when Kris negotiated $100 million for five more years of the show.
Kylie Jenner’s real estate
While $300 million of her net worth comes from Kylie Cosmetics, the remaining $400 million of her fortune comes from her cash, cars, real estate, and other investments.
The youngest of the Kardashian-Jenner clan bought and sold multiple houses in and around Southern California. Her current residence is an eight-bedroom and 11-bathroom Cape Code-style mansion in California. She bought this house in 2016 for $12 million.
In 2020, Kylie paid another $36.5 million for a mansion in Holmby Hills, California. A month later she bought another vacant lot in Hidden Hills, California, for $15 million.
Want to read more about the Kardashian clan? Read all about Kanye West and his net worth here.
Kylie Jenner’s early life, career and endorsements
Kylie pursued modeling and her career took off with the Sears clothing line Crush Your Style. She was featured in multiple photoshoots for publications like OK! Magazine and Teen Vogue.
Kylie made her catwalk debut at the New York Fashion Week in 2011. Her family was in the front row, cheering her on through the nerve-wracking moment. Following that, Kylie landed multiple modeling gigs for various companies including Australian swimwear designer White Sands.
She was featured with her sister Kendall Jenner in People magazine’s beautiful people article. Steve Madden launched a line of handbags with Kylie in the year 2014.
Nip + Fab, a skincare company, selected her to be their brand ambassador in March 2015. In June 2015 the Jenner sister launched a clothing line with British fashion retailer Topshop. Later in 2016, Kylie was announced as the new face of PUMA. Recently, she made a special appearance in ‘WAP’, the controversial music video by Cardi B and Megan Thee Stallion.
Kylie Jenner net worth and philanthropy
Kylie is known for her partnership with the charity Smile Train. She donated close to half a million dollars to provide treatment for 1,800 children born with clefts. In 2016, 100 percent of the proceeds from a special lip kit went to Smile Train.
At age 22, Kylie donated $750,000 to Nest of Love, a women’s empowerment organization that helps mentor young women in low-income areas.
For her 20th birthday, Kylie donated a day’s worth of Kylie Cosmetics proceeds to Teen Cancer America to support young people’s cancer research and oncology care.
Kylie donated $1 million to hospitals in Los Angeles in 2020 to buy protective equipment at the beginning of the Covid-19 pandemic.