At the time, Forbes approximated that Jenner"s company, Kylie Cosmetics, was worth $900 million.
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That add to her an individual earnings from the company brought her network worth to more than $1 billion, Forbes said.
Many criticize Forbes" decisionto contact Jenner "self-made," speak she to be born into wealth and also privilege.Jenner comment to the backlashin an interview with paper magazine, saying, "The self-made thing is true" and adding that she parents "cut she off at the period of 15."
While Forbes reported that zener was still the youngest "self-made" billionaire in the world on April 7, a an ext recent Forbes report exit in May completed that the 22-year-old is not, in fact, a billionaire. Per Forbes" new investigation, Jenner and also her mother and also marketing manager, Kris Jenner, have actually exaggerated the size and also profitability of she business and also misled Forbes and other publications due to the fact that 2016.
But Forbes concedes that zener is quiet a multimillionaire, currently pegging she true net worth in ~ $900 million.
At the time, Jenner took to Twitter to slam Forbes" report. "I believed this to be a dependable site... All i see are a number of inaccurate statements and unproven presumptions lol. I"ve never ever asked for any title or tried to lie my method there EVER. Period," she tweeted, also questioning Forbes" "proof" the the case that tax returns "were most likely forged."
"I deserve to name a list of 100 things an ext important right now than fixating on just how much money i have," jenner tweeted.
Jenner's an initial job to be on truth TV present "Keeping Up v The Kardashians." She was nine year old when the very first episode aired and the display is now airing its 18th season.
People reported in 2017 the the family collectively earns about $30 million every season the the show, follow to their most recent contract, yet it's unclear exactly how lot each family member makes.
kendal Jenner and Kylie jenner on "Keeping Up v The Kardashians." E!
Source: service Insider, People
In 2013, as soon as Jenner to be 15, she and her sister, Kendall, introduced a clothes line dubbed Kendall + Kylie for PacSun.
Kendall and Kylie jenner at a 2015 start party for their clothing line. Getty pictures
The brand has because expanded to be marketed wholesale come 390 places in the US, including Nordstrom, Topshop, Amazon, and also Bloomingdale"s, and also 975 worldwide.
Kylie zener models her assets on her website, kyliecosmetics.com Kylie Cosmetics
The agency originally introduced as Kylie Lip Kits, not long after jenner admitted to obtaining "temporary lip fillers," in 2015.
The company claimed to have actually sold an ext than $630 million precious of makeup in its very first two years, including an approximated $330 million in 2017.
The manufacturing, packaging, and sales that Kylie Cosmetics products are all outsourced to exclusive companies, including Seed Beauty and also Shopify.
And the financial and also public relations aspects of the brand space handled by Kardashian-Jenner matriarch and also Kylie's mother, Kris Jenner, in exchange because that a 10% administration fee.
Kris Jenner and also Kylie jenner in 2016. Vivien Killilea/Getty photos for SinfulColors
In 2018, Jenner claimed that Kylie Cosmetics was on track to bring in much more than $300 million in revenue, partly thanks come an to exclude, distribution detail with beauty, beauty retailer Ulta.
jenner at Houston Ulta beauty beauty to encourage the exclude, launch that Kylie Cosmetics v the retailer in November 2018. rick Kern/Getty pictures for Ulta beauty
Forbes currently says the in reality, financial documents display that the agency sold closer to $125 million.
In November 2019, Jenner marketed a bulk stake in Kylie Cosmetics come Coty Inc. Because that $600 million, providing the firm a $1.2 exchange rate valuation.
Nicholas Hunt/Getty images for Huffington short article
Jenner announced at the moment that Christoph Honnefelder would certainly assume the function of CEO of Kylie Cosmetics and also Kylie Skin. Jenner was previously CEO.
Per Coty"s push release announcing the deal, Jenner and her team would proceed to lead "all creative efforts in regards to product and communications initiatives," while Coty would certainly lead the portfolio"s "overall" development.
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