Kylie Cosmetics launched in 2015 with one product, its signature Kylie Lip Kit, and has since expanded to a full makeup line and last month debuted Kylie Skin. If the deal was all-cash, Jenner would have gotten around $340 million post-tax from the deal, in addition to owning a 45 percent stake in the brand. DJ Howard Stern was eighth with $127 million, one place ahead of LeBron James with $125 million. So, how exactly does Jenner make money? Whether you think she's self-made or not, there's no denying that Kylie Jenner is rich.. 211.3m Followers, 44 Following, 6,616 Posts - See Instagram photos and videos from Kylie (@kyliejenner) In November 2019, Jenner sold half of her 90 percent stake in her company to Coty Inc., which owns brands like CoverGirl and MaxFactor, at a $1.2 billion valuation. Kylie Jenner is the highest celebrity earner of 2020 Provided By - Video Elephant on December 16, 2020 Kylie Jenner has topped Forbes' list of 2020's highest-earning celebrities. KYLIE Jenner has been named the highest paid celebrity of 2020, with $590million earned this year. Even more impressive? Prior to the pandemic, a source revealed that she spent an estimated $50 million to $70 million on a Global Express Jet. It’s official: Kylie Jenner is Forbes’ richest celebrity of 2020. Kylie Jenner has been named the highest paid celebrity of 2020. Forbes’ Highest-Earning Celebrities of 2020 – Top 10: 1. So much so, she threw her a theme park birthday in 2020, and prior to that, Stormi had another big blowout in true Kardashian fashion. I did not foresee the future,â she previously said about her brands taking off. Kylie Jenner Has a Hot Pink Lob Now. Kylie Jenner ($590 million) 2. âWhat am I even waking up to. For one, their E! Kanye West ($170 million) 3. Cristiano Ronaldo ($105 million) 5. Although 2020 might have been a tough year financially for many, ... Kylie Jenner. Not to mention, Jenner also owns a separate $12 million mansion in Hidden Hills. This was mostly due to selling a … Roger Federer ($106.3 million) 4. âAll I see are a number of inaccurate statements and unproven assumptions LOL. Forbes has named Kylie Jenner the highest-earning celebrity of 2020. Then, Jenner founded her makeup company, Kylie Cosmetics, in 2015, and in the first 18 months, she brought in $400 million in revenue. Justin Bieber's emotional message to fans after 'least finest hour', JoJo Siwa 'comes out' as gay after cryptic viral video, 'There was no one else like you': Celebrities pay emotional tribute to Larry King, It's a Sin: The telling of an untold Aids story, Boys' schools ask parents to pay more in voluntary donations, The $8.5m clifftop estate expats are prepared to buy sight unseen. FASHION FAMILY! She's just 23 years old! Kanye West ($170 million) 3. People may receive compensation for some links to products and services on this website. This is the shortest she's worn her hair in a long time. Kylie Jenner has been named the highest paid celebrity of 2020 by Forbes, after she raked in just under $600 million this year The 23-year-old reality star and cosmetics tycoon pocketed $540 million pre-tax, making her not only the highest paid celebrity, but meaning she has earned more than the rest of the top five combined. Kylie Jenner has been named the highest-earning celebrity of 2020. Kylie Jenner is officially the world's highest-paid celebrity, reportedly earning a substantial USD $590 million in 2020. Now, Kylie's elder sister, Kim Kardashian's net worth is estimated to be a whopping $780 million as of 2020 by Forbes, which makes her the richest Kardashian-Jenner sister among them all. The 'Keeping Up With the Kardashians' star has reportedly raked in $834 million this year, largely thanks to selling 51% of her cosmetics company to Coty earlier this year, according to data compiled by Forbes magazine. Period.â, Nevertheless, the mom-of-one â who was crowned the Highest Paid Celebrity of 2020 by Forbes â has come a long way over the years and built an empire. Forbes’ Highest-Earning Celebrities of 2020 – Top 10: 1. At the age of 19, Kylie Jenner’s fortunes have grown to an estimated $ 41 million annually, making her one of the most famous celebrities in the world. If we were to name the people who actually had a good 2020, the list would include: billionaires who somehow got richer during the pandemic, the stars of Normal People, and Kylie Jenner.. KYLIE Jenner is furious with her mom Kris over claims she lied about the beauty mogul's $1billion fortune. Offers may be subject to change without notice. Roger Federer ($106.3 million) 4. The KUWTK star, 23, is followed by the likes of … The television personality also loves to spoil her daughter, Stormi Webster. Sources told The Sun the 22-year-old is … Â© Copyright 2021 Empire Media Group, Inc. OK! — Kylie Jenner (@KylieJenner) May 29, 2020 but okay i am blessed beyond my years, i have a beautiful daughter, and a successful business and i’m doing perfectly fine. Kylie was the only woman to feature in the top 10, with her brother-in-law Kanye West in second place. Critics have said Jenner was born into wealth and privilege, but Jenner responded in an interview with Paper magazine, saying, "The self-made thing is true" and adding that her parents "cut her off at the age of 15." Kylie Jenner has been named the highest-earning celebrity of 2020. Kylie Kristen Jenner (born August 10, 1997) is an American media personality, socialite, model, and businesswoman. In a given year, Kylie earns around $40 – $100 million from her various endeavors. In 2019, Forbes dubbed Jenner "the youngest self-made billionaire ever." The Keeping Up With the Kardashians star has reportedly raked in US$590 million (S$784.3 mil) this year, largely thanks to selling 51 per cent of her cosmetics company to Coty earlier this … Forbes' latest list comes months after Kylie made the financial bible's annual World Billionaires list for the second year in a row. Jenner also has endorsement deals with PacSun and Puma, which brings in about 20 percent of her earnings. Stormi Webster Net Worth: Kylie Jenner And Travis Scott’s Daughter’s Huge Fortune Revealed. âI didnât expect anything. 1 October 2020, 13:00 | Updated: 2 October 2020, 22:58 In March 2020, she booked a six-bedroom villa in the Bahamas for $11,000 a night. When Forbes announced that Kylie Jenner was officially the youngest self-made billionaire ever (then 21), it got a lot of tongues wagging. Sports stars Roger Federer, Cristiano Ronaldo and Lionel Messi rounded out the top five, with earnings of $150 million, $149 million and $147 million respectively. But in May 2020, the outlet accused her of “inflating the size and success of her business for years” and said that her fortune was actually under $900 million. Jenner also loves to travel. show â they signed a $150 million deal with the company in 2017 â has been on television since 2007, and Kris Jenner later confirmed that she splits the money evenly between everyone, which means Jenner makes around $4.5 million each season. Kylie Jenner is an American model, reality television star and cosmetics entrepreneur. Photo / Getty Images. On top of that, she gets paid a ton of money to promote products and partnerships on Instagram. Kylie Jenner has been named the highest paid celebrity of 2020. All Rights Reserved. After declaring Kylie Jenner the “youngest self-made billionaire” in the world — twice — Forbes is revisiting the Kylie Cosmetics founder’s fortune. The Keeping Up with the Kardashians star made her huge fortune from her Kylie Cosmetics empire. It’s official: Kylie Jenner is Forbes’ richest celebrity of 2020. Kylie Jenner has topped Forbes’ list of the world’s highest-paid celebrities this year, raking in a huge $590 million (£436 million) from June 2019 through May 2020. âBut [the recognition] feels really good. However, the earnings of the 'Stronger' hitmaker – whose wife, Kylie's half-sister Kim Kardashian West, ranked 48th with $70 million – were considerably lower than the 23-year-old star, having brought in $240 million in 2020, largely thanks to his Adidas deal. Elsewhere on the list, Travis Scott, the father of Kylie's two-year-old daughter Stormi, appeared at number 82 with 2020 earnings of $56 million. Dwayne 'The Rock' Johnson completed the top 10 with $124 million. The vast majority of her net worth comes from a cosmetics company called Kylie Cosmetics. According to the publication, Kylie earned the most in 2020 with a $590 million (£434 million) fortune to her name. However, her younger sister is still one of the only women in her 20s to have made it in the list. Famous American Kylie Jenner has a net worth of $ 1 billion according to Forbes in 2020, and with the increase in sales of her brand, her fortune is expected to increase to more than that amount. As of 2020, the brunette babeâs net worth is $700 million. Jenner also went on to create Kylie Skin and has a fashion line with sister Kendall Jenner called Kendall + Kylie Clothing Collection. I thought this was a reputable site,â she wrote. As for how Jenner spends her money, she paid $36.5 million for her Holmby Hills, Calif., mansion in April 2020 and paid another $15 million for a vacant lot in Hidden Hills, Calif. in May 2020. In fairly unsurprising news, Kylie Jenner has been named the highest paid celebrity of 2020 by Forbes. She has starred in the E! The Keeping Up With the Kardashians star, Instagram sensation and cosmetics tycoon, 23, … In fairly unsurprising news, Kylie Jenner has been named the highest paid celebrity of 2020 by Forbes. 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Iâve never asked for any title or tried to lie my way there EVER. The reality star, Instagram personality and cosmetics tycoon pocketed $540 million pre-tax, making her not only the highest paid celebrity, but meaning she has earned more than the rest of … However, in 2019, Forbes declared that the Keeping Up With the Kardashians starlet was the youngest self-made billionaire, thanks to her successful company Kylie Cosmetics. But in May 2020, the outlet accused her of âinflating the size and success of her business for yearsâ and said that her fortune was actually under $900 million. Even though Kylie Jenner is the baby of the Kardashian crew, she ranks as the second-highest earning member of the family (Kim Kardashian took first place). Following the shocking news, Jenner slammed the claims on Twitter. 29 May 2020, 16:06 | Updated: 2 October 2020, 23:01. Kylie Jenner ($590 million) 2. Kylie Jenner is Forbes magazine’s youngest self-made billionaire for a second year in a row. How Kylie Jenner, 2020's Highest-Paid Celebrity, Spends Her Million-Dollar Fortune Even though Kylie Jenner is the baby of the Kardashian crew, she ranks as the second-highest earning member of the family (Kim Kardashian took first place). Forbes’ latest list comes months after Kylie made the financial bible’s annual World Billionaires list for the second year in a row. Cristiano Ronaldo ($105 million) 5. Forbes’ latest list comes months after Kylie made the financial bible’s annual World Billionaires list for the second year in a row. Kylie Jenner Net Worth: Lip Kit Queen's Fortune After Billionaire Status Is Revoked. 16 Dec, 2020 10:31 AM 2 minutes to read Kylie Jenner has been named the highest-earning celebrity of 2020. Source: MEGA. Kylie Jenner has built up an astounding net worth. In sixth spot was actor-and-director Tyler Perry – who has used his vast fortune to pay for groceries and meals for those in need, as well as funeral and other expenses for the families of George Floyd, Rayshard Brooks and Secoria Turner this year – with earnings of $137 million, while another soccer player, Neymar, saw his $135 million earnings land him seventh place. Kylie has managed to maintain her substantial wealth, and as of November last year, she sold 51 per cent of her beauty brand to Coty Inc for $600 million. THE KARDASHIANS AND JENNERS BEST RED CARPET MOMENTS. Lionel Messi ($104 million) 6. Notable showbiz names in the top 20 included 12th-placed Ellen DeGeneres with $119 million, Ariana Grande at 17 with $101 million, Ryan Reynolds at 18 with $100 million and the Jonas Brothers, whose $97 million earnings awarded them the 20th spot. is a registered trademark.