Whether you agree that Kylie Jenner is a self-made billionaire or not, there's no denying that she sits at the helm of one the biggest cosmetic companies to date. Being the only Kardashian in Forbes' top 10 richest people and having surpassed the likes of Mark Zuckerberg, one can only wonder if she plans on passing on her fortune and company to her daughter, Stormi.
In an interview with Forbes, Kylie shared that she'd like to pass her Kylie Cosmetics empire on to her daughter "if she's into it". After all, why not? The little tyke has already inspired a make-up collection, with products and palletes aptly named, "Eye of the Storm" and "Aquarius" - a reference to Stormi's zodiac sign.
Whether or not Stormi will take on the empire, only time will tell, but until then it looks like Kylie's momager, Kris Jenner is pushing for Kylie Cosmetics to sell. It's no secret that Kris gets 10% of what the Kardashian-Jenner siblings earn as their manager, so her pushing for the sell comes as no surprise. Nevertheless, selling while the company is at the peak of its game doesn't seem like a good business move - which is probably why we're lucky Kris isn't behind the big decision.
Currently, the company is valued at $900 million. However, it has been reported that Kylie has begun trademarking other things in different categories so that if and when she chooses to pursue them, she'd have the option to. The trademarks include hair and nail products, fragrances and perfumes, bed linens, baby products, and even wine!
The company's current value is dependent on Kylie Cosmetics and Skin alone, so we can only imagine how big the value will balloon up to if she were to successfully expand to the other categories. This and Stormi helping her mom out are two of the things that we definitely look forward to seeing.
As for Kris, she'll have to make do with her current net worth of $90 million. According to a Forbes analysis, the matriarch brings in around $12 million yearly - but condisering the deals she's made for her kids and the fact that she gets 10% of what they earn, its safe to say that her earnings may have increased exponentially.
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