When they declared Kylie Jenner the youngest female billionaire didn’t they later walk it back?
When they declared Kylie Jenner the youngest female billionaire didn’t they later walk it back?
Kylie Kristen Jenner was born August 10, 1997 (age 28)
Net worth: $700 million(celebritynetworth.com)
According to Wiki.
I suspect the billion figure came from this transaction.
Kylie Jenner is an American model, reality television star, and cosmetics entrepreneur who has a net worth of $700 million. In a given year, Kylie Jenner earns $40 – $100 million from her various endeavors. The vast majority of Kylie Jenner’s net worth comes from the company she founded, Kylie Cosmetics. Initially launched as Kylie Lip Kits in 2015, the brand saw explosive early success, selling out in under a minute. In November 2019, Kylie sold 51% of her company to Coty Inc. for $600 million. Valuing the company as a whole at $1.2 billion. In the months following the deal, the value declined significantly. Kylie definitely earned around $340 million after taxes from the sale, but the value of her remaining 45% stake in the brand has gone down significantly.