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Kylie Jenner Net Worth 2022: Is She A Billionaire & When She Launched Kylie Lip Kit?

Kylie Jenner Net Worth 2022

Kylie Jenner Net Worth 2022

Kylie Jenner Net Worth 2022: Kylie Jenner is an American model, reality television star, and cosmetics entrepreneur. In August 2015, she launched her debut product: a series of lipsticks. Kylie Jenner’s lip kit, simply called “Kylie Lip Kit,” was an overnight sensation. In September 2015, she released a custom website and mobile app.

Kylie Jenner Early Life: Where Was He Born?

Kylie Jenner was born in LA on August 10, 1997. She is Kris Jenner and Bruce Jenner’s youngest daughter (who is known today as Caitlyn Jenner). Kylie’s half-siblings are Kim, Kourtney, Khloe, and Brody Jenner. On October 14, 2007, E! premiered Keeping Up with the Kardashians with 10-year-old Kylie.

The longest-running US reality show is KUWTK. Kylie was a cheerleader and pre-teen in the show’s early years. She started homeschooling in 2012. She graduated high school in July 2015.

Kylie Jenner: Billionaire?

NO.

Forbes named Kylie Jenner a billionaire on November 18, 2019. Forbes said she became a billionaire after selling 51% of her cosmetics company to Coty Inc. for $600 million, valuing it at $1.2 billion. Coty Inc., which owns CoverGirl and MaxFactor, is struggling. Kylie will represent the brand. Forbes said the agreement valued her 49% interest at $588 million on paper.

Revenue and managerial churn have plagued Coty, which owns Clairol and OPI nail polish. After acquiring 12 cosmetics brands from Procter & Gamble in 2016, the European company, controlled by JAB Ltd., saw its stock price drop in half.

She pushed Coty Inc. to pay 27X earnings to value the company at $1.2 billion. Facebook trades at 26X profits. P&G trades 24X. Coty trades 18X gains. Kylie may receive $300 million after taxes on the $600 million transaction. Because the $600 million’s structure is unclear, we can’t say. All cash? Stock? Combined? These questions affect her taxes and deal earnings. Coty anticipates the purchase closing in the third quarter of 2020.

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Kylie Jenner Career: How Did She Start Her Career?

Sears’ “Crush Your Style” launched Kylie Jenner’s modeling career. OK! Magazine and Teen Vogue have photographed her. September 2011 was Kylie Jenner’s New York Fashion Week debut. In the first row, the family supported their little sister.

This little queen went down the catwalk in a black Abbey Dawn ballet dress, despite her nerves. Jenner modeled for White Sands, an Australian swimwear brand, like her big sister Kendall. Jenner and her big sister appeared in People magazine’s 2010 beautiful people issue. Kylie and Kendall presented Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1 red carpet events in Los Angeles.

The Hunger Games premiere on March 12, 2012, featuring a Bing Box interview. Kylie and Kendall got $100,000 to endorse Nicole with OPI nail polish in 2013. Rebels: the City of Indra, a science fiction story by Kylie and Kendall, follows two superpowered girls on a trip. Kylie debuted in a promo for the 2014 Much Music Video Awards, co-hosted by Kylie and Kendall.

Kylie introduced Steve Madden’s handbags in 2014. Nip + Fab named her brand ambassador in March 2015. Kylie and Kendall launched a Topshop clothing line in June 2015. PUMA named Kylie their 2016 face. Kylie released sunglasses with Quay Australia in 2017.

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Kylie Jenner Cosmetics

Cosmetics make Kylie rich. She launched her first product, a range of lipstick, in August 2015. The “Kylie Lip Kit” took off. She established a customized website and app in September 2015.

Kylie Jenner Property

Kylie Jenner has bought and sold several Southern California homes. She owns five Southern California mansions. Calabasas: Kylie acquired her first home at 17. The Oaks, a Calabasas gated enclave, houses the $2.7 million mansion. 2017’s $3.15 million sale.

Hidden Hills

Kylie lives in a Cape Code-style eight-bedroom, an 11-bathroom estate in Hidden Hills, California. This $12 million house was hers in 2016. The 13,000-square-foot house includes eight bedrooms and 11 bathrooms. Kylie bought a vacant Hidden Hills lot for $15 million in May 2020. She hired acclaimed architect Richard Landry to design an 18,000-square-foot house.

Kylie bought her first Hidden Hills mansion for $6 million in May 2016. The stunning six-bedroom, the seven-bathroom estate sits on roughly 4.5 acres. She later bought the vacant land next door. The mansion sold for $6.7 million and the empty lot for $5.35 million in September 2018.

Kylie Jenner Net Worth: How Rich Is She?

Net Worth: $750 Million
Date of Birth: Aug 10, 1997 (25 years old)
Place of Birth: Los Angeles
Gender: Female
Height: 5 ft 8 in (1.75 m)
Profession: Model, TV Personality, Writer
Nationality: United States of America

Kylie Jenner has $750 million. Kylie makes $40–100 million a year.

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