Kylie Jenner was named “the youngest self- made billionaire ever” by Forbes. How did the American media personality amass her US$1billion fortune? Her cosmetics company, Kylie Cosmetics, is valued at $900 million. According to the Kardashian-Jenner clan’s most recent contract, their reality television show now earns them $30 million per season.
With her new-found billionaire status Kylie is now the most financially successful member of her family. Her older half-sister, Kim, has an estimated net worth of $350 million.
Meanwhile, Kylie’s mother, Kris, has a net worth of $90million.
So how does Kylie spend her money?
In 2016, she bought a 1.4- acre Hidden Hills compound in California, which includes a 1,300- square-foot mansion, for $12 million. Over the past two years, Kylie has bought at least five other properties totaling more than $40 million.
2. Luxury cars
Since receiving a $225,000 black Mercedes-Benz G- Wagon for her 16th birthday, Kylie has amassed a pretty impressive collection of luxury cars.
She was reportedly paid an estimated $10,000 to ‘wrap’ her G-Wagon in an orange covering ‘just for the summer’ to match her $400,000 Lamborgini Aventador.
Her car collection also includes a maroon G550 4×4 SUV, multiple Ferraris… a black Bentley Bentayga, and a number of Rolls-Royces, each worth six figures.
For her 19th birthday, Kylie bought herself a one-of-a-kind Land Rover for $200,000. As an early birthday present, Kylie bought her mother a Ferrari 488 worth US$250,000.
3. To spoil the people in her life
For boyfriend Travis Scott’s birthday, she rented Six Flags Magic Mountain in Los Angeles, the cost of which starts at $150,000.The birthday festivities continued in Turks and Caicos, where the couple stayed at luxury beach resort Amanyara where luxury suites cost up to $23,538 per night. Kylie has faced criticism for spending a lot of money on her daughter, Stormi. From buying an $820 Gucci baby carrier and $12,500 Fendi baby stroller. During online wardrobe tour, Kylie revealed her impressive bag collection. Her wardrobe includes an entire row of Hermes Birkin bags. She already has a mini Birkin bag picked out to be Stormi’s first purse.
4. To maintain her perfect look
Kylie’s lavish accessory budget extends to her hair. Kylie is known for transforming her locks with custom-made wigs created by Tokyo Stylez, which can cost up to $5,000 per wig. Her beauty budget includes $30 for her favorite mink eyelashes, $350 spray tanning sessions at Jimmy Coco, and fresh manicures by Britney Tokyo, who charges $125 for a two-hour session and an additional $50 for house calls.