Kylie Jenner and the Kylie Cosmetics Billion-Dollar Exit
Kylie Jenner sold a 51% stake in Kylie Cosmetics to Coty Inc. in November 2020 for $600 million at a $1.2 billion pre-money valuation, making her the world's youngest self-made billionaire at the time according to Forbes. The deal valued the cosmetics brand, which includes lip kits, skincare, and makeup lines, at roughly $1.2 billion based on reported revenue and market positioning. Coty later reduced its stake in 2023, and the brand continues to operate as a major player in the beauty sector with strong digital-first sales. Forbes reported the full transaction details and valuation breakdown.
The remaining 49% stake in Kylie Cosmetics is still held by Kylie Jenner, and the brand continues to generate significant revenue through direct-to-consumer e-commerce and retail partnerships. Forbes has since revised its billionaire rankings, but the cosmetics exit remains a landmark deal in influencer-driven beauty businesses. Forbes analyzed the long-term brand value of the Kylie Cosmetics exit.
Kim Kardashian's Skims and Expanding Business Portfolio
Kim Kardashian founded SKIMS in 2019, and the shapewear and apparel brand is now valued at over $4 billion after multiple funding rounds, including a 2023 investment round that raised more than $200 million at a $4 billion valuation. SKIMS operates across shapewear, loungewear, swimwear, and underwear, and has expanded into premium denim, tailoring, and activewear lines. Forbes reported the latest SKIMS valuation and funding details.
Beyond SKIMS, Kim Kardashian has built a diversified portfolio that includes KKW Beauty, SKKN BY KIM skincare, and a significant stake in the mobile game app Kim Kardashian: Hollywood. She also earns substantial income from media deals, including her Hulu series and paid appearances, and has active investments in several consumer brands and tech startups. Business of Fashion covered the SKIMS growth trajectory and brand strategy.
Overall Kardashian Net Worth, Revenue Streams, and Public Disclosures
Combined estimates from Forbes and other financial outlets place the Kardashian-Jenner family's total net worth in the billions, driven by cosmetics, shapewear, media, endorsements, and licensing deals. The family's wealth is spread across privately held companies, equity stakes, and high-profile endorsement contracts with major consumer brands. Forbes updated the family's combined net worth and revenue breakdown.
The family's businesses file regulatory disclosures when raising capital, and SKIMS has filed with the SEC as part of its funding history, providing public insight into revenue and valuation milestones.