Kylie Jenner is 25 years old. She is a reality star who has always been controversial.
Forbes said that Jenner, at age 21, was the world’s youngest “self-made” billionaire because of her makeup company, Kylie Cosmetics. But Forbes found out in a May 2020 investigation that Jenner is not, in fact, a billionaire. The magazine said that Jenner has lied to Forbes and other publications about the size and success of her business since 2016.
Forbes says that Jenner started Kylie Cosmetics in 2015 and said that the company made $400 million in its first 18 months. Jenner signed a deal in November 2019 to sell Coty Inc. a majority stake in her cosmetics company for $600 million. This put the company’s value at $1.2 billion.
Forbes, on the other hand, said that the company has never made as much money as the Jenners said it did and that it has lost money because of the coronavirus pandemic.
Jenner has built a cosmetics empire, starred with her family in “Keeping Up with the Kardashians” and in her own spin-off show, “Life of Kylie,” started a clothing line with her sister, and made a lot of money by promoting products on Instagram, even though her billionaire status is in question.
These are all the ways that Jenner has made millions of dollars.
As of December 2022, Kylie Jenner’s Net Worth is $ 1 billion.
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