Kylie Jenner Net Worth and Forbes Valuation History
Kylie Jenner, an American media personality and businesswoman, was ranked among the youngest self-made billionaires by Forbes, which estimated her net worth at around 900 million dollars based largely on her cosmetics company and social media income source. The Forbes profile highlighted her earnings from Kylie Cosmetics, endorsement deals, and her massive social media following as the primary drivers of her wealth during that period source.
Later reporting and public filings shifted the narrative, with Forbes revising its estimate after Jenner sold a majority stake in Kylie Cosmetics to Coty Inc., a global beauty company, in November 2019 source. Coty acquired a 51 percent controlling stake in Kylie Cosmetics for approximately 600 million dollars, valuing the company at roughly 1.2 billion dollars at the time of the deal source.
Kylie Cosmetics Sale Structure and Coty Ownership
The transaction between Kylie Jenner and Coty Inc. involved the sale of a majority stake in Kylie Cosmetics, with Jenner retaining a minority interest and continuing to serve as a key figure in brand operations source. Coty, listed on the New York Stock Exchange under the ticker COTY, integrated Kylie Cosmetics into its portfolio alongside other beauty brands such as CoverGirl and Rimmel source.
Following the sale, Jenner's net worth was reassessed by financial outlets, with Forbes removing her from its billionaires list and recalculating her wealth based on the cash received from the Coty deal and her remaining stake in the business source. The revised valuation placed her net worth in the hundreds of millions, reflecting the impact of the transaction on her overall financial standing source.
Current Business Holdings and Public Filings
Kylie Jenner continues to operate under the Kylie Cosmetics brand, which remains a part of Coty's portfolio, while