How Much Has Kylie Cosmetics Made?
A look at Kylie Jenner’s net worth – While several reports claim that the American reality TV star has a net worth of USD 1 billion (Rs 8, 251 crores approx) as of 2022, Forbes says otherwise. According to Forbes June 2022 edition, Kylie Jenner’s net worth is around USD 600 million (Rs 4, 950 crores approx).
- While most of her fortunes come from her maquillage empire, Instagram is yet another source of her major earnings.
- While Kylie’s signature cosmetic brand, ‘Kylie Cosmetics’ is a pioneering make-up brand, the social media star started making money from the age of 9 when she starred on Keeping Up With The Kardashians (KUWTK).
According to People, the Kardashian-Jenner family collectively earned about USD 30 million per season (Rs 247 crores approx) of KUWTK until 2017. However, it’s unclear how much each family member made exactly. On that note, various reports suggest that Kylie is getting a humongous pay for her stint on The Kardashians – a reality TV series that is exclusive to streaming platform Hulu.
- She also earns in big numbers from her Instagram account.
- Until last year, she charged a little more than USD 1.5 million ( Rs 12 crores approx) from each post on her Instagram account, according to leading Hollywood portal The Things,
- Coming to Kylie Jenner’s major source of revenue, the reality TV star who’s the founder of Kylie Cosmetics, sold 51 percent of her empire to global beauty company, Coty, for a whopping USD 600 million (Rs 4, 950 crores approx).
It is to be known that the manufacturing, packaging, and sales of Kylie Cosmetics products are all subcontracted to private companies. Pre-pandemic, that is, in 2019, she launched a skincare line named Kylie Skin, Fast forward to 2021, she also introduced Kylie Swim and Kylie Baby as other sister brands.
She also serves as a brand ambassador for brands like Adidas and Fashion Nova and gets paid in huge numbers for promoting them on her Instagram account. Not many know, Kylie too had started her show Life of Kylie in 2017 but it wasn’t able to hold the viewers’ attention for too long. Kylie launched her first batch of Lip Kits when she was just 18 years old in 2015.
In 2013, she had started a clothing line along with her sister Kendall Jenner, Kendall + Kylie for PacSun, The label is still significant till date.
How much is Kylie Cosmetics making?
Kylie Cosmetics And The Birth of a Beauty Mogul – In 2014, at the early age of 17 and accompanied by her mother Kris Jenner, Kylie Jenner embarked on her first, independent business venture by launching Kylie Cosmetics in partnership with Seed Beauty.
She also invested $250,000 from her own income as a model. The company started out by launching a collection of three liquid lipsticks, Kylie Lip Kits, on November 30, 2015. The product proved an instant success with customers and each of the $29 shades were sold out almost immediately post-launch. By February 2016, the company had to ramp up its manufacturing capacity and within its first 18 months of operation, it had generated over $420 million in revenues,
In November 2016, Kylie Cosmetics ran its first collaboration campaign with Khloé Kardashian with the Koko x Kylie collection. After its huge success, the company doubled down by launching a holiday collection on November 21 which resulted in the brand’s largest sale yet, generating nearly $19 million in revenue within 24 hours,
In April 2017, Kylie Cosmetics reported over $13.5 million in revenue, largely dominated by the sales generated from the crème lipstick collection in collaboration with Kim Kardashian. In November, Jenner partnered with TopShop which sold Kylie Cosmetics across its 7 retail stores across the US. This was a major expansion for the brand since up until then, the company only operated with customers directly.
The company would go on to make several other collaborations with Kris Jenner, Khloé, and Kim Kardashian. They were huge successes and dominated their respective sales figures with each launch. In July 2018 and at the age of 20, Jenner became the youngest person to be listed in the Forbes list of America’s Richest Self-Made Women with an estimated net worth of nearly $900 million.
- In November 2018, Kylie Cosmetics further ramped up its retail and digital expansions by partnering up with Ulta Beauty and launching a mobile app in the same month.
- By the end of the year, the company had estimated annual revenue of over $360 million with the company standing at a valuation of nearly $900 million,
By September 2019, Jenner had successfully expanded her brand into skincare and personal fragrances. In November, Coty bought out a 51% majority stake in the company in a deal worth approximately $600 million. This deal put the company at a $1.2 billion valuation and pushed Jenner’s net worth over the billion-dollar mark.
However, in 2020, Forbes reported that the Coty deal also highlighted that Jenner’s business had actually been much less profitable than what she had publicly stated. The company revised her net worth to $900 million, thus stripping her of the billionaire’s title. Kylie Jenner continues to expand her business empire by launching new product lines like Kylie Swim, a swimwear line, in August 2021, and Kylie Baby, a skincare product line for babies, in September 2021.
Apart from her earnings from TV and her business empire, Kylie Jenner is also a real estate aficionado, having invested over $40 million in properties within a span of just 2 years. Here is a brief glimpse into her real estate portfolio: Calabasas House, California (2015) – Purchased: $2.7 million; Sold: $3.15 million Hidden Hills Mansion 1, California (2016) – Purchased: $6.03 million; Sold: $6.7 million Hidden Hills Mansion 2 (2016) – Purchased: $4.5 million; Sold: $5.26 million Hidden Hills Mansion 3 (2016) – Purchased: $12 million; Sold: NA Hidden Hills Plot (2017) – Purchased: $5 million; Sold: $5.35 million Beverly Hills Mansion, California (2018) – Purchased: $13.45 million; Sold: NA Madison Golf Community Lot, California (2019) – Purchased: $3.25 million; Sold: NA Hidden Hills Plot 2 (2020) – Purchased: $15 million; Sold: NA Holmby Hills Resort (2020) – Purchased: $36 million; Sold: NA Apart from that, Kylie leverages her huge social media following to ink endorsement deals with various brands.
What is Kylie Cosmetics worth today?
Kylie Jenner’s Net Worth in 2023 (Estimate): $750 million – Kylie Jenner’s net worth in 2023 is $750 million. This is according to reputable outlets such as Celebrity Net Worth, Kylie Jenner was born on August 10th, 1997 in Los Angeles, California. She attended Sierra Canyon High School before entering a homeschooling program under Laurel Springs School.
- As early as 10-years-old, Jenner was already exposed to entertainment as she appeared in the reality TV series Keeping Up With the Kardashians.
- While Jenner was largely associated with the Kardashians, it’s not a surprise that she kickstarted her modeling career.
- In 2011, Jenner modeled for Sears’ Crush Your Style clothing line.
She was also featured in several notable magazines including OK! Magazine and Teen Vogue, During the same year, Jenner also walked at the New York Fashion Show for Avril Lavigne’s Abbey Dawn Runway. As a model, Jenner has worked with various brands including White Sands, Nip + Fab, Topshop, PUMA and Nicole by OPI.
Working alongside sister Kendall Jenner for Nicole by OPI, the then teenage sisters bagged $100,000 in a nail polish deal. Furthermore, Jenner has also collaborated with Steve Madden and Quay Australia in releasing her own line of handbags and sunglasses, respectively. In terms of social media, brands reportedly pay Jenner a whopping $1.2 million per sponsored Instagram post, making her one of the highest paid influencer celebrities today.
Given that she’s the most followed woman on Instagram with 380 million followers, this doesn’t come as a surprise. Aside from modeling, Jenner has also had stints as a host. Alongside her sister Kendall, they both hosted the red carpet for hit films such as Glee: The 3D Concert Movie and The Twilight Saga: Breaking Dawn – Part 1.
In 2014, the Jenners also served as the hosts for the Much Music Video Awards. Given that Jenner doesn’t shy away from the camera, it’s only natural that she tried her hand at acting. In 2018, Jenner made her big screen debut in the film Ocean’s Eight. Cast as herself, Jenner worked alongside established celebrities such as Anne Hathaway, Sandra Bullock, Cate Blanchett, Mindy Kaling and many more.
Furthermore, Jenner has also appeared in several TV series such as reality show Life of Kylie, Trolls Holiday in Harmony, For SKIMS, GradeAUnderA and Who’s in My Bathroom? With Hailey Rhode Bieber. Moreover, Jenner has been featured in notable music videos, including Kanye West’s “Wolves,” Tyga’s “Dope’d Up,” PARTYNEXTDOOR’s “Come and See,” Travis Scott’s S”top Trying to Be God,” Cardi B’s “WAP” and Ariana Grande and Justin Bieber’s “Stuck with U.” But while Jenner has been involved with some notable projects, most of her net worth stems from her makeup business empire called Kylie Cosmetics.
Given her passion for makeup, Jenner’s Kylie Cosmetics turned out to be a huge success. The brand initially started with the Kylie Lip Kit, which sold for $29. Nevertheless, it eventually sold out. Furthermore, according to sources, the firm earned $420 million in revenues during its first 18 months of operation.
This included a major holiday launch on November 21st, 2016, when Kylie Cosmetics bagged $19 million on that day alone. While Jenner did pretty well as the one and only owner of Kylie Cosmetics, she sold 51% of the firm’s stake to Coty Conglomerate for a whopping $600 million in 2019.
Coty also handles brands such as Covergirl, OPI, Rimmel, GHD, Clairol, SKKN by Kim and Gucci Beauty. Before the partnership, Kylie Cosmetics earned $177 million in sales, according to Forbes. ” I’m excited to partner with Coty to continue to reach even more fans of Kylie Cosmetics and Kylie Skin around the world,” Jenner said, per People magazine.I look forward to continuing the creativity and ingenuity for each collection that consumers have come to expect and engaging with my fans across social media” Fast forward to 2023, and Kylie Cosmetics accounts for 63% of Coty’s total revenues at $957.7 million.
In fact, according to reports, Gucci Beauty alongside Kylie Cosmetics’ retail revenues steadily improved by 40% year-over-year, despite COVID-19 lockdown issues in China. In 2019, Jenner launched her own skincare brand called Kylie Skin. During its first year of operation, Coty announced that the skincare brand reached $25 million in revenue, The firm is currently valued at $16 million.
Who actually buys Kylie Cosmetics?
About Kylie Cosmetics and Kylie Skin – Inspired by her love for makeup and passion for business, Kylie launched her cosmetics brand, Kylie Cosmetics in November 2015. The debut product, the Kylie Lip Kit, sold out in less than a minute and Kylie’s direct to consumer retail concept disrupted the beauty industry.
Her eCommerce site KylieCosmetics.com is now one of the most successful online stores in the world today and in March 2019, Kylie Cosmetics was recognized by Fast Company as one of the ‘The World’s 50 Most Innovative Companies’ for “authentically connecting with an entire generation.” In May 2019, Kylie launched her skincare brand, Kylie Skin, featuring products that are cruelty free, vegan, gluten free, paraben and sulfate free and suitable for all skin types.
In 2020, Coty acquired 51% of Kylie’s beauty brands with a focus on jointly building and further developing the beauty business into a global powerhouse brand. In July 2021, Kylie announced the relaunch of Kylie Cosmetics as clean and vegan, with first-time global availability through select brick and mortar retailers such as Harrods and Selfridges in the UK, Douglas in Europe, and Mecca in Australia along with a new Direct-to-Consumer website where consumers are able to shop both Kylie Skin and Kylie Cosmetics.
Consumer Claim Results: *Instrumental test (assessment of long lasting of a make-up product) conducted with 20 women **Instrumental test (assessment of “water resistance” of a make-up product) conducted with 20 women ***Consumer acceptance test conducted with 50 women between 18-40 years, current users of blush.
Product use for 1 week.
Who is the richest Jenner?
Kris Jenner – $190 Million – Daniele Venturelli // Getty Images According to Forbes, the OG momager is worth a whopping $190 million. Of course, Kris Jenner is the reason why we are constantly surrounded by the famous family. Not only did she initially pitch the Keeping Up with the Kardashians in 2007, but she was also an executive producer on the show.
How many followers has Kylie Jenner lost?
The Kardashians star Kylie Jenner recently lost 1 million followers. A faux pas led to her fall from grace, and fans can’t stop talking about it. Kylie Jenner’s Instagram follower count dropped by one million, and it may be because The Kardashians celebrity shaded a very popular pop star. Social media comments got heated after fans started speculating about a possibly reignited feud between Justin Bieber’s wife Hailey Bieber and his ex-girlfriend, Selena Gomez.
- Hailey boasts a close relationship with Kylie and Kendall Jenner, and often enjoys girls’ nights or double dates with the reality star sisters.
- Considering their close bond, Selena fans wasted no time putting the clues together, trying to determine if Kylie shaded the pop star and actress on behalf of her friend.
Kylie has been more active on social media since her split from Travis Scott. The pair called it quits at the start of the year, after six years of being off-and-on, and their romance produced two children. Fans thought that an engagement was on the horizon, after Kylie and Travis welcomed their son Aire in February 2022.
It was the second child for the young couple, and appeared to symbolize their connection, despite the question mark surrounding their exact relationship status. In 2021, Kylie addressed the rumors that she was in an open relationship with Travis. However, according to sources, the two were together, but didn’t label their relationship.
Travis would refer to Kylie as his wife, while cheating allegations about the controversial musician swirled.
Is Travis Scott a billionaire?
Travis Scott is an American rapper, songwriter, and producer. Travis Scott’s net worth stats.
|Net worth:||$60 million|
|Place of birth:||Houston, Texas|
Who is richer Kylie or Travis?
Contrary to girlfriend Kylie Jenner’s impressive $900 million net-worth, Travis Scott has an estimated net worth of $65 million.
How rich is Ariana Grande?
Ariana Grande’s Net Worth Growth –
|Net Worth in 2023||$220 Million|
|Net Worth in 2022||$210Million|
|Net Worth in 2021||$190 Million|
|Net Worth in 2020||$150 Million|
|Net Worth in 2019||$130 Million|
|Net Worth in 2018||$110 Million|
How much is Cardi B currently worth?
Cardi B net worth –
Cardi B’s worldwide fame has made her secure an important amount of wealth, specially when taking into consideration her music catalog rights, which is expected to be worth over $50 million,Cardi B’s net worth is estimated at $80 million dollars, thanks mainly to her music catalog, but also due to her business endeavors and also by being a social media influencer with over 100 million followers on Instagram, another 10 million TikTok fans and around over 40 million streams in Spotify and Youtube, Cardi B’s engagement ring is reportedly valued at $550,000 dollars,
: Cardi B net worth: How much money does and how she made her huge fortune herself?
How much of Kylie Cosmetics did Kylie sell?
In fact, her goal to expand her beauty empire is the reason she decided to sell 51 percent of her company to Coty Inc. in November 2019 for $600 million.
How much of Kylie Cosmetics does Kylie Jenner own?
Although Jenner herself is no longer the primary shareholder of Kylie Cosmetics—she sold her 51 percent stake to major beauty brand Coty for a cool $600 million in 2019—she continues to serve as the face of the brand.
How much does Kylie Jenner make per post?
Who is the most paid social media influencer? – These are the highest paid social media influencers:
Cristiano Ronaldo, who makes $2,4 million per sponsored post Kylie Jenner, who earns nearly $1,8 million per sponsored post Selena Gomez, who makes nearly $1,7 million per sponsored post Kim Kardashian-West, who makes $1,6 million per sponsored post