Kylie Jenner’s Empire Expands Beyond Billionaire Status

How the Billionaire Title Was Won and Lost

Forbes declared Jenner the world’s youngest self-made billionaire in March 2019. According to critics cited by Forbes, the distinction drew immediate controversy due to her upbringing within a famous family and access to a massive social media audience. Jenner acknowledged these advantages in a 2019 interview with The New York Times, stating, “I can’t say I’ve done it by myself.”

In May 2020, Forbes revoked the billionaire title. According to Forbes, the magazine alleged that Jenner’s business was smaller and less profitable than previously reported and that her family went to unusual lengths to present her as wealthier. Forbes recalculated her net worth to just under $900 million at the time.

Jenner pushed back against the report on X, writing, “I’ve never asked for any title or tried to lie my way there EVER. period.” According to Forbes, she currently ranks 52nd on the list of America’s Richest Self-Made Women with $670 million, while remaining the second wealthiest sibling behind Kim Kardashian.

Building Kylie Cosmetics and the Coty Partnership

Jenner’s business empire began with the May 2015 launch of Kylie Lip Kits, funded by modeling earnings and created in partnership with Seed Beauty, according to historical brand accounts. The initial run of 15,000 kits cost $250,000 to produce and sold out almost immediately. After renaming the enterprise Kylie Cosmetics in 2016, production scaled to 500,000 units.

In January 2019, Jenner sold a 51 percent stake in Kylie Cosmetics to publicly traded Coty, Inc. for $600 million, according to financial disclosures. Jenner pocketed $540 million pretax from the transaction while retaining a 44 percent ownership stake and leading creative development. According to Women’s Wear Daily (WWD), her Cosmic 2.0 fragrance earned Kylie Cosmetics $3.1 million in media impact value in a single week in February 2025.

Real Estate Portfolio and Hidden Hills Construction

Jenner’s financial portfolio extends significantly into luxury real estate. According to Architectural Digest, her total real estate holdings were valued at $80 million in 2025. Her primary residence is a $36 million Holmby Hills compound purchased in April 2020, featuring seven bedrooms.

According to Hello Magazine, Jenner has spent five years overseeing construction on a massive estate in Hidden Hills, California. She purchased the five-acre plot from Miley Cyrus in 2020 for $15 million. Architectural plans cited by Hello Magazine indicate the finished home will feature 15 bedrooms, a sports court, an outdoor swimming pool, three guest houses, a 12-car garage, an underground bunker, and a vineyard. The Sun reported that the completed estate will be at least twice the size of Kim Kardashian’s $60 million mansion located in the same neighborhood.

Shifting Landscape of Young Wealth

The broader landscape of young wealth has shifted significantly since Jenner’s initial 2019 billionaire recognition. According to Forbes’ World’s Billionaires list, the publication now tracks a record 35 individuals under 30 with a combined wealth of $92.4 billion.

Among the youngest self-made billionaires are Surya Midha, Brendan Foody, and Adarsh Hiremath, the 22-year-old cofounders of AI recruiting startup Mercor, each holding an estimated net worth of $2.2 billion, according to Forbes. Luana Lopes Lara, a 29-year-old MIT graduate and former ballerina who cofounded prediction market firm Kalshi, ranks as the youngest self-made woman billionaire.

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