Published: Thu, July 12, 2018
Culture&Arts | By Hattie Nash

What is Kylie Jenner's Net Worth?

What is Kylie Jenner's Net Worth?

Today, the financial magazine Forbes estimates that she is worth $900m, making her not just the richest member of the Kardashian-Jenner clan (Kim Kardashian West is believed to be worth around $350m), but on course to become the youngest self-made billionaire ever.

Kylie's mom, Kris Jenner, was also thrilled, tweeting: "My beauty on the cover of @Forbes!". The company is valued at almost $800 million and has sold more than $630 million worth of makeup since launching less than three years ago; Jenner also earned $100 million from the Kim Kardashian-led reality TV show and social media endorsements for her 110 million followers.

Add this with her Puma and PacSun endorsement's, the Keeping Up With the Kardashians show, and other ventures, she's conservatively worth $900 million.

"Even using a conservative multiple, and applying our standard 20 percent discount, Forbes values her company, which has since added other cosmetics like eyeshadow and concealer, at almost $800 million".

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The reality TV star, of course, boasts one of the most robust social media followings around with over 110 million followers on Instagram and millions more on Snapchat and Twitter.

Kylie Cosmetics is dealing with slowing growth - Forbes reports that revenue grew just 7% a year ago, with lip-kit revenue dropping an estimated 35%.

The mag values her Kylie Cosmetics makeup company - of which she owns 100% of - at almost $800 million. "It could easily be an instant game-changing acquisition for any company on the hunt for a winning brand with a younger customer", senior VP or merchandising at Ulta Tara Simon said.

"Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23", Robehmed reports.

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"Ever since I was in sixth grade, I would wear purple eye shadow", Jenner says.

"We consider any person who built her own fortune, and didn't inherit the money, to be self-made", Forbes' methodology reads. "I don't want to do it with anyone else, '" Jenner said, adding that she used $250,000 of her savings from past modeling gigs to make her first 15,000 lip kits.

Since then, the company has sold $630m of makeup, helped in a large part by Jenner's own social media presence.

"Maybe one day [I'll] pass this on to Stormi", she exclaims.

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