Kylie Jenner becomes the highest paid celebrity according to Forbes!
Kylie Jenner usually stays into social media and news highlight due to her fame. And according to Forbes, the icon has now topped the list of the most paid celebrity of 2020.
Kylie Jenner – Grabbing fame from childhood
Kylie Kristen Jenner is an American media personality. She has also starred in the E! reality television series “Keeping Up with the Kardashians” since 2007 and is the founder and owner of one of the biggest cosmetic companies “Kylie Cosmetics.” At a tender age of 14 she launched a clothing line “Kendall & Kylie,” along with her sister. And then in 2015, she launched her own cosmetic line Kylie Lip Kits which the renamed to Kylie Cosmetics the same year. Jenner sisters were also named on the Time Magazine’s list of influential teens in the world during 2014 and 2015, grabbing world attention. Kylie also is one of the most followed people on Instagram. According to Forbes, in 2019, Jenner’s net worth was estimated at US$1 billion, making her the world’s youngest self-made billionaire at age 21 in March 2019.
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Kylie Jenner in 2020
Bringing in $590 million, Jenner’s payday came from selling a 51% stake in her cosmetics firm, Kylie Cosmetics to Coty in January 2020.
According to many sources Kylie was rumoured to be exaggerating about the size of her business, but this time the money she pulled in becomes the real deal in the industry. And it was enough to rank her as one of the highest paid celebrities of all time!
Ranked at No. 2, on the list is American Rapper and record producer Kanye West, who is also the brother-in-law of Kylie, and husband to Kim Kardashian. Kanye has his Adidas partnership to thank for this huge cashout!
Ryan Reynolds, Dwayne Johnson Cristiano Ronaldo, Billie Eillish, Roger Federer, Lionel Messi and LeBron James are also in the list released by Forbes.
Due to the huge impact of the Coronavirus pandemic on the entertainment industry, this year’s total stood at $6.1 Billion, around $200 Million lesser than of 2019.
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