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Kylie Jenner Set To Become A Billionaire By 2022
10 Agosto 2017, 04:41 | Fidele Alvizo
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Kylie Jenner's well on her way to turning her cosmetics line into a billion-dollar brand. according to her mom/biz manager, Kris Jenner.
The US$29 kits - which have a lip liner and a co-ordinating lipstick - sold out in under 30 seconds on kyliecosmetics.com; WWD reported that they only had 5000 kits in each colour - so 15,000 units total.
KUWTK spin-offs come and go, so in the interest of saving you time (you know, in case this one suffers the same fate as Dash Dolls), here's what we learned (and some of what we already knew) about the life of Kylie. Two years ago, they collectively landed a $70 million deal with E!, and it was estimated last year that Kylie personally pulls in $4,000 for each episode.
The youngest Kardashian-Jenner sister has admitted on her new reality show that she gets serious jealousy over older sibling Kendall Jenner and her effortlessly stylish model pals. Kris and Kylie Jenner disclosed these figures to the outlet and expanded the brand's fiscal predictions, namely the fact the brand is on track to reach $1 billion in retail sales in five years (2022).
It was revealed earlier this week that Kylie Cosmetics raked in a whopping $420 (that's around £323 million) in the past year alone.
However, Kylie insists that she's not entertaining a sale at this time and is simply focused on developing more products.
"I think people were surprised that the brand was so successful, because it's something that Kylie created, but didn't really expect the whole business to be the ideal storm", Kris said.
One tweeter wrote: "I love Kylie but she just said "I didn't get to grow up normal it's just so hard".well paying bills is hard we can switch".
Since officially launching her famous Kylie Cosmetics lip kit line in 2016, inquiring minds wanted to know how well the brand was doing.
"The Life of Kylie" promised a behind-the-scenes glimpse at the REAL Kylie Jenner, away from the Snapchat filters and the controversies, to showcase how the 19-year-old has dealt with her astronomical fame. "I want to grow as a person in the way I want to grow, and the path I want to take".
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