We all know, the 23 years old became the richest lady in the world at such young age. But how did she accumulate all that wealth? Keep reading to find out!
Despite being the youngest sibling, Kylie made her family proud by achieving things that none of her age could. The celebrity owns a high-end brand “Kylie cosmetics” that generates most of her wealth.
Although she sold 50 percent of her company’s shares to Coty Inc. but she still remains the creative and marketing head of the brand.
Kylie cosmetics made $600 million revenue from the stake sales which made the company’s total worth shoot up to 1.2 billion dollars.
Kylie kick-started her business with a lip kit in 2015. It was a duo of liquid lipstick and lip liner.
Besides that she has come up with her own skincare brand called Kylie Skin. She consistently keeps on launching new skincare products.
Another source of Kylie's income is paid posts. Yes, she charges 1 million dollars for each sponsored post!
After appearing on KUWTK, the 23 years old came up with her own exclusive show "Life of Kylie" where she showed BTS of her life.
Her reach to millions of people through her social media platfoms accelerates her business. Kylie cosmetics has 24 million whereas Kylie skin has 4.3 million followers on Instagram.
Apart from that, the socialite herself has 195 million followers on social media, therefore every new product she comes up with, sells like hot cakes.
Besides that, she is highly influential. People blindly believe in what she says and uses. Even if she doesn’t advertise her products, people are still going to buy them because they belong to Kylie!