It’s the battle of the KarJenners for who is the richest sister.
Kim Kardashian and Kylie Jenner were both in the Top 50 of Forbes’ “America’s Richest Self-Made Women” list published Thursday — but only one of them is still a billionaire.
On the 2023 list, Jenner, 25, is ranked 38th with $680 million, and Kardashian, 42, is ranked 21st with $1.2 billion.
Jenner was originally crowned Forbes’ youngest self-made billionaire in 2018, only to have the title taken away after a recalculation of her net worth.
The founder of Kylie Cosmetics launched her line of lip kits in 2015, using $250,000 of her modeling earnings. In January 2020, she sold 51% of Kylie Cosmetics to Coty Inc. for $600 million, leaving her with about $540 million pre-tax, Forbes reported.
However, Forbes published a scathing report later in 2020 with documents revealing that the business was smaller than the family claimed for years, estimating her worth as just under $900 million at the time and leading her to lose the billionaire title.
Jenner still owns about 44% of Kylie Cosmetics.
Kylie Jenner was originally crowned Forbes’ youngest self-made billionaire in 2018, only to have the title taken away after a recalculation of her net worth.Marc Piasecki/WireImage
Kardashian, on the other hand, remains a billionaire — but her net worth has decreased since last year.
Compared to her current $1.2 billion, the reality-TV star had a net worth of $1.8 billion in 2022, according to Forbes.
A majority of Kardashian’s fortune comes from her shapewear company, Skims, which raised $240 million in January 2022 and had a then-valuation of $3.2 billion. Billionaires Stephen Mandel and Josh Kushner are investors in the brand.
In 2020, Kardashian sold 20% of her other company, KKW Beauty, to Coty, Inc. — the same publicly traded company that Kylie Cosmetics was sold to — for $200 million. But Kardashian shut down the cosmetics and perfume company in 2021 to launch SKKN By Kim, a high-end skin care line, in June 2022.
Kim Kardashian remains a billionaire — but her net worth has decreased from last year.Presley Ann/Getty Images for ABA
Last year, Rihanna was named the youngest self-made billionaire woman in the US — which knocked Kardashian to second place. Rihanna is now ranked 20th overall, one spot above Kardashian.
Now, at 35 years old, Rihanna is still the youngest self-made billionaire woman on the Forbes list with a net worth of $1.4 billion, the same as last year.
Rihanna is also the richest self-made woman in music, with Taylor Swift coming in second place, with an estimated net worth of $740 million.
News
Kim Kardashian credits North West, 10, for taking her sultry vacation pictures in Turks and Caicos
Kim Kardashian revealed her daughter North West, 10, was responsible for snapping her latest travel pictures from their tropical getaway to Turks and Caicos last week. While sharing a slew of envy-inducing…
EXCLUSIVE: Hunky Italian model says he’s been fired from working as greeter at Met Gala after his good looks upstaged Kylie Jenner during last year’s ceremony
An Italian model has revealed he’s been fired from working at this year’s Met Gala because his rugged good looks upstaged stars including Kylie Jenner. Eugenio Casnighi, 26, who…
‘Greedy’ Meghan Markle is ‘being laughed out of Hollywood’ by A-listers: source
Meghan Markle might be one of the most famous women on the planet — but Hollywood power players are purportedly less than impressed with her showbiz prowess….
Rihanna And ASAP Rocky: A Timeline Of Their Relationship
In 2020, it was reported that Rihanna and ASAP (or A$AP) Rocky had turned their friendship up a notch, elevating them to couple status. Following in the…
King Charles and Princess Kate’s Very Different Reactions to Cancer News
The royal family’s current health battles have “forced them to really think about what matters,” with King Charles III and Princess Kate channeling their focuses in two very different directions, Newsweek‘s chief…
A$AP Rocky Beats Rihanna While Trying To Protect His Side Chick From RiRi…
In a recent turn of events, A$AP Rocky finds himself making headlines not for his music but for his unexpected clash with Rihanna. The rapper, known for…
End of content
No more pages to load
Relative Articles
None found