Read Time:4 Minute, 42 Second
Kylie Jenner was born on August 10, 1997, in Los Angeles, California. Kylie Jenner is the youngest daughter to be married to a businesswoman, Kris Jenner, and former Olympic athlete Bruce Jenner. Kylie’s exemplary sister Kendall Jenner and siblings are Kourtney, Kim Kardashian, Khloe Kardashian, and Brody Jenner.
Kylie Jenner was just ten years old when Keeping Up with the Kardashians started on E! October 14, 2007. Today KUWTK is the longest-running series in the US. For several years in the show, Kylie was a young schoolboy and a member of a cheerleading group. In 2012 he left the cultural school and started studying the curriculum in local schools. Kylie Jenner received his high school diploma in July 2015.
Kylie Jenner: How to Earned Money?
Kylie Jenner’s Net worth, we had doubts about the announcement of Kylie’s wealth for years. Back in mid-2018, we estimated that his total value was $ 150- $ 200 million. In July of that year, Forbes published an article worth $ 900 million and is on track to become the world’s youngest millionaire based on reported profits and the growth of Kylie Cosmetics. We have seen the same numbers and know right away that they may be perfectly formed. So on the same day, Forbes started working with their case, we released the following:
That 2018 Forbes article said Kylie Jenner’s construction company was worth $ 800 million. The report reported that in 2016, Kylie Jenner’s company generated $ 307 million, and in 2017 received $ 330 million of the $ 100 million. The report also revealed that Kylie Cosmetics’ revenue was not growing. In fact, total revenue grew only 7% in 2017 and was $ 70 million lower than predicted in mid-2017. In addition, her lipstick is actually reduced by 35%, year after year.
In our view at the time, the most sensible would be a 4x profit, which would have cost the whole company $ 400 million. As a 100% owner, he would receive about $ 260 million in taxes from sales. So we assumed that the fair value based on Kylie Jenner’s facts in July 2018 was $ 300-400 million.
Then there are Kylie’s finances. Income for the 12 months prior to the agreement: $ 177 million, according to Coty’s presentation – much lower than the average published at the time. On the plus side, Coty said sales have increased by 40% since 2018, meaning the business has only made about $ 125 million that year, nowhere near the $ 360 million that Jenners has made Forbes believe. Kylie’s skincare line, launched in May 2019, made $ 100 million in revenue in the first month and a half, Kylie’s lawyers told us. The inclusion shows that the line was actually “inline” to end the year with a sale of just $ 25 million. “
All of this does not mean that Kylie did not make a TONY of money for her sale to Coty. Although Forbes also showed in retrospect that Kylie did not have 100% complete at the time of the sale. It seems that Kris Jenner holds at least 10%. Kylie sold half of her 90% stake for $ 1.2 billion. If the deal had been a total, Kylie would have received about $ 340 million in tax-deductible income from the agreement while owning a 45% stake in the product.
Unfortunately for Kylie and Coty, the sale was not exactly kind to the stock price of the parent company. Six months after the deal, Coty’s stock released 60%, at least on the issue that it paid too much for Kylie Cosmetics and would have to record the product price. That would certainly reduce Kylie’s paper balance by 45%. Here is a chart of Coty stocks between May 2019 and May 2020:
The company’s total market share today, according to investors, is $ 2.8 billion. That makes up the combined total of many brands including Kylie Cosmetics, as, as noted, may never have been worth around $ 1.2 billion. It is very likely that Coty will soon have to remove a large percentage of the Kylie version, giving Jenner’s remaining 45% share.
Over the years, the youngest of the Kardashian-Jenner sisters has bought and sold many homes near Southern California. Her apartment, which includes eight bedrooms, with 11 Cape Code-style bathrooms in Hidden Hills, California, was purchased in 2016 for $ 12 million.
Kylie Jenner’s Total Net Worth
Kylie Jenner’s total Net Worth began tracking Kylie’s fortune in November 2011. At that time we estimate that the 14-year-old had a net worth of $ 300 billion. In June 2013 we increased our average to $ 2 million. By mid-2014 his total value had doubled to $ 4 million.
Kylie Jenner first exceeded $ 10 billion in July 2016. Kylie Jenner’s value began to rise about mid-2017. In June 2017 we withdrew his $ 50 million. In July 2018 we increased that number to $ 200 million. Since mid-2019, we have estimated his fortune at $ 300-400 million, most of which is paper money according to the value of Kylie Cosmetics. The total value is $ 700 Million.
Related – Know About Eyal Booker And Delilah Belle Hamlin’s Relationship