American model, television personality, and cosmetics mogul Kylie Jenner. In terms of wealth, Kylie Jenner has $750 million. Kylie’s annual income ranges from $40 million to $100 million. Her cosmetics business, Kylie Cosmetics, accounts for the bulk of her wealth. Kylie took $600 million from Coty Inc. for 51% of her business in November 2019.
Assuming a total enterprise value of $1.2 billion. The market value fell sharply in the months following the deal. It’s safe to say that Kylie made roughly $340 million after taxes from the sale, but the value of her 45% ownership in the company has dropped dramatically since then.
Reality star Kylie Jenner, who seems to stir up controversy wherever she goes, recently turned 25. She’s probably renting a $200,000,000 superyacht or taking short trips on her $73,000,000.00 private jet.
Forbes once called Jenner, at 21 years old, the youngest “self-made” billionaire in the world because of her makeup firm, Kylie Cosmetics. Forbes, however, conducted an investigation and reported in May 2020 that Jenner is not a billionaire. According to InStyle, Jenner has been misleading the media about the success of her business since at least 2016.
Kylie Cosmetics, which Jenner launched in 2015, reportedly made $400 million in its first 18 months. At a valuation of $1.2 billion, Jenner’s cosmetics brand was sold to beauty multinational Coty Inc. for $600 million in November 2019.
However, Forbes stated that the Jenners were lying about the company’s financial success and that it actually lost money during the coronavirus epidemic. The Jenner camp did not reply to Business Insider’s request for comment.
Jenner has a cosmetics empire, has been on “Keeping Up with the Kardashians” and its spin-off, “Life of Kylie,” has launched a clothing line with her sister, and has made millions of marketing items on Instagram, yet her billionaire status is in question.
Kylie Jenner entered the world on August 10, 1997, in L.A. She is the youngest child of Kris Jenner, an entrepreneur, and Olympic athlete Bruce Jenner, a former competitor (who is known today as Caitlyn Jenner).
Kylie’s half-siblings include Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, and Brody Jenner, and her older sister is model Kendall Jenner. When Keeping Up with the Kardashians first aired on E! on October 14, 2007, Kylie was just 10 years old.
As of right now, KUWTK has been airing longer than any other reality show in the United States. During the first several seasons of the show, Kylie was a typical preteen. She went to school and participated in cheerleading. She began her homeschooling journey in 2012 after dropping out of public school. She graduated from high school in July 2015 with honors.
Is She a Homosexual?
She’s not gay, despite what many say.
In 2017, Kylie began dating the rapper Travis Scott. A daughter was born to them in February of 2018. They separated around the middle of 2019. Between 2014 and 2017, she dated the rapper Tyga.