At 20 years old, Kylie Jenner has already made a name for herself as a cosmetics mogul, reality television star and mother to 5-month-old Stormi Jenner. With her Kylie Cosmetics line valued at nearly $800 million, the youngest KarJenner is set to become the next youngest self-made billionaire.
Scroll through to learn more about the social media star’s net worth and success story.
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Kylie Jenner Net Worth: $900 Million
She is the youngest of the Kardashian-Jenner clan, but Kylie Jenner has already surpassed her older sister Kim Kardashian West’s fortune, thanks to her Kylie Jenner “lip kits” and makeup line.
The bulk of her fortune comes from her cosmetics business, which has already generated $230 million in net profit. Although Forbes estimates the lip kit sales to have dipped, momager Kris Jenner told the publication that revenue is still “considerably” up, and different paths for the company are open for exploration.
If the massive popularity of her cosmetics brand continues, Kylie Jenner’s net worth will likely rise to even larger proportions to enable her to claim the title of youngest self-made billionaire, following names like Bill Gates and Mark Zuckerberg.
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Kylie Cosmetics Lip Kits Keep Selling Out
Known for her iconic pout, Jenner released her debut Kylie Lip Kits in November 2015. Initially viewed as a test, only 5,000 of each of the three $29 lipsticks and matching lip liners were made, according to Women’s Wear Daily. All Kylie Lip Kits sold out in under a minute.
She officially launched Kylie Cosmetics in February 2016. The relaunch included the original three shades and three new ones for Valentine’s Day. Despite the surge in production to 500,000 units of all six shades, all colors sold out in 10 minutes.
During its first 18 months in business, Kylie Cosmetics did $420 million in retail sales, her mother Kris Jenner revealed to WWD. Moving beyond lipstick, Kylie Cosmetics now features makeup for face and eyes.
The brand has already faced its fair share of drama, too. Indie makeup artist Vlada Haggerty threatened to sue Kylie Cosmetics for nearly duplicating one of her Instagram posts and for the similarity the brand’s dripping lips logo has to some of Haggerty’s work. The issue was settled without a lawsuit, and in January 2017, Jenner promoted Haggerty’s work on her own Instagram account. Just after that was resolved, in February 2017, the brand was accused of repackaging a Lip Kit from her limited-edition holiday collection.
Kim Kardashian West Collaborates With Kylie Cosmetics
Not surprisingly, Jenner’s famous sisters have collaborated with the brand. Kim Kardashian West debuted her KKW X Kylie collection of lipsticks in April 2017 via Kylie Cosmetics, and Jenner’s released multiple Koko Kollections with big sis Khloe Kardashian.
Among many other projects, self-nicknamed ‘King Kylie’ already works with supermodel sister Kendall on their clothing line Kendall + Kylie, so some fans are expecting a collaboration on a lipstick collection. Kendall’s advertising contracts with beauty brands like Estee Lauder might preclude her from a collaborating with Kylie Cosmetics anytime soon, however.
Baby Stormi and Family
In September 2017, TMZ broke the biggest Kylie Jenner news of the year: her pregnancy with rapper Travis Scott. Daughter Stormi Jenner was born in February 2018 and revealed in an Instagram video that has amassed more than 93 million views.
The almost 21-year old has plenty of support from her ever-growing family. Kardashian West and her rapper-turned-fashion-designer husband Kanye West are already parents to North, whom Kim gave birth to in June 2013, and Saint, whom she gave birth to in December 2015. The couple opted to have their third child via surrogate, and baby girl Chicago was born on Jan. 15, 2018.
Older sister Khloe Kardashian also had her first child around the same time as Kylie, fathered by boyfriend, Cleveland Cavaliers star Tristan Thompson. After months of silence on public platforms, Khloe announced that daughter True Thompson was born April 12, 2018, only two months after Stormi.
Sister Kourtney Kardashian and Scott Disick are parents to Mason, born in December 2009; Penelope, born in July 2012; and Reign, born in December 2014. Rob Kardashian is dad to Dream, born in November 2016.
Kylie Jenner and Travis Scott
Now parents to Stormi Jenner, the couple was first spotted together April 2017 at the Coachella Valley Music and Arts Festival, in Indio, Calif., where the rapper performed. Things got serious fast, as the two were pictured at an NBA game in his hometown of Houston later that month.
The couple made a permanent mark with their relationship in June 2017 when they got matching butterfly tattoos, after the release of his “Butterfly Effect” song, which is thought to be about her. The relationship came as a surprise to many, as they got together only weeks after she ended things with rapper Tyga, her on-and-off boyfriend of three years.
Jenner’s ex didn’t take the news of her pregnancy well. He set the rumor mills turning by claiming, “Hell nah that’s my kid,” followed by a few devil emojis in a swiftly deleted social media post shortly after news of her pregnancy broke. Tyga is already dad to his 5-year-old son, King Cairo. The boy’s mother — model and entrepreneur Blac Chyna — is also mother to Rob Kardashian’s daughter, Dream.
In an August 2017 episode of her reality show “Life of Kylie,” Jenner revealed she ended things with Tyga because of her young age. She also said she didn’t want to have a baby with Tyga because she didn’t feel their relationship was solid enough, according to a September 2017 TMZ report.
Despite her young age and new relationship, the Kardashian family members were fully supportive of Jenner’s pregnancy, according to TMZ. Although the family was shocked at first, they believe she’s mature enough to handle motherhood.
How Her Ex Stacks Up: Rapper Tyga’s Net Worth
Kylie Jenner Is Also Investing in Real Estate
Most people her age aren’t even thinking about buying their first home, but Kylie Jenner is already taking real estate investing seriously. She purchased a $2.6 million Calabasas, Calif., home in 2015, when she was just 17 years old, according to E! News. She considered it her starter home, and TMZ reported that she sold the property for $3.2 million in July 2017.
In May 2016, she purchased a $6 million home in Hidden Hills, Calif., according to E! News. Three months later, she bought the house next door for $4.5 million, but TMZ reported that she sold the property for roughly $5.4 million in August 2017.
Jenner also owns a $12 million Hidden Hills, Calif., home, purchased in September 2016, according to E! News. In October 2017, TMZ reported that she purchased a plot of land adjacent to the property for $5 million in cash, indicating she might be planning a home expansion.
This wouldn’t be her first renovation on the property. A May 2017 TMZ report revealed she was renting a $35 million Beverly Hills, Calif., mansion for $125,000 a month while having work done on her current Hidden Hills home.
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Steffi Cao contributed to the reporting for this article.