What is Kylie Jenner's net worth? Inside $2.6 million mansion, swanky cars and mind-boggling Instagram salary
Be it for her top fashion brands, her millions of social media followers and brands she endorses, Kylie Jenner's whopping rich lifestyle always makes our eyes wide open and heads turn.
Kylie has been amassing her wealth since she started her reality TV journey on 'Keeping Up With the Kardashians' back in 2007. The biggest contribution to this comes from her highly profitable Kylie Skin and Kylie Cosmetics companies, the reality star is now nearly a billionaire. According to Celebrity Net Worth, Kylie, who is the youngest daughter of Kris and Caitlyn Jenner, has a net worth of $700 Million.
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Kylie Jenner's cosmetic company: Kylie Cosmetics
When Kylie was 18 years old, she embarked on her beauty business with the launch of Kylie Lip Kits on November 30, 2015, a collection of three lip liquid lipsticks with corresponding lip liners. She started the trio of products as a test run, producing just 5,000 units of each shade priced at $29. The products sold out immediately and it took roughly six months to produce the next batch of products.
In February 2016, after the brand grabbed success with Kylie Lip Kits, Jenner renamed the brand to Kylie Cosmetics and added three new shades of lip kits to her product range for Valentine’s Day. Product generation was boosted to 500,000 units of all six shades to satisfy consumer demand.
Kylie Cosmetics generated $177 million between October 2018 and October 2019. She sold 51% of Kylie Cosmetics to Coty Inc in November 2019 for $600 Million. Earned roughly $340m after-taxes from the sale.
Kylie Jenner's houses
Kylie has bought and sold a number of properties over the years. Let's have a look at the beautiful houses owner by the 23-year-old. Kylie purchased the first home in her celebrity property portfolio in March 2015, just before her Lip Kit launch, when she was just 17-years-old. The star paid $2.6 million for the 5,100-square-foot, five-bedroom home which sits on half an acre of land. This private sanctuary sits within the elite gated community and Kardashian stronghold, The Oaks of Calabasas. Other well-known stars to have lived there include Britney Spears, Justin Bieber and Katie Holmes.
The Tuscan-style home flaunts an open-plan living room with a monochrome colour scheme, which can be seen throughout the house. A white stone fireplace sits alongside French doors that open outside to the magnificent swimming pool and grounds. Kylie put the home on the market in 2016 for $3.9 million, eventually selling in 2017 for $3.2 million.
While she still owned her starter home in Calabasas and after her brand Kylie Cosmetics became a huge success, the star went on a property spending spree and purchased more huge villas in the celebrity hotspot of the Hidden Hills in 2016. The first purchase was a mini-mansion for $6 million in May 2016, and the second was this much more modest house in August for $4.5 million.
The four-bed, three-and-a-half-bath home had a sprawling master suite with an ensuite bathroom and a walk-in-wardrobe. Kylie sold the villa just a year later in 2017 for $5.3 million, while the next-door property was sold in 2018 in an off-market deal for a reported $6.7 million.
The third home Kylie purchased was also located at the Hidden Hills, which surely was a magnificent mansion. Kylie paid a whopping $12 million for this luxurious villa, it's said to be her main residence and she revealed in an article with Architectural Digest that she'd undertaken extensive renovations to transform it into a pink paradise. With eight bedrooms and 11 bathrooms, the villa was built back in 2015, making it only a year old when Jenner made her purchase.
Completely unrecognizable now, the place was redesigned by Martyn Lawrence Bullard and highlights a brand new celebrity-worthy walk-in-wardrobe and a glam room that the star had custom-built. Kylie's most recent property purchase was a single-storey home in the Holmby Hills area of Los Angeles for $36.5 million.
Kylie Jenner's cars
One of Kylie's favorite ways to spend her millions is by buying expensive luxury cars. Now her collection easily is worth over $5 million. Below is a complete breakdown of Kylie's 15 luxury cars, here is the list:
Black Rolls Royce
Mercedes AMG G63
Apart from these top-notch cars, she also owns:
Tan Mercedes G-Wagon
Maroon Mercedes G-Wagon
Ice Blue Rolls Royce
Taupe Rolls Royce
White Vintage Rolls Royce
Ferrari 458 Italia Spider
488 Ferrari Spider
Kylie Jenner's Instagram salary
Kylie has a following of 222 million on Instagram. Did you know she is paid around $1.2 million (£960,000) for a single post on Instagram? Woah! Who doesn't want her life?
The reality star, already embroiled in controversy over her "billionaire" status, recently made headlines for all the wrong reasons. The 'Keeping Up With The Kardashians' star is currently being slammed for reportedly setting up a $60,000 GoFundMe for make-up artist Samuel Rauda, but it seems like she didn't set it up after all. Nevertheless, the reality star is facing the heat for asking people to donate when she is a rumored "billionaire" and has a multi-million fortune.