In fact, the business gene is quite strong as it seems every Kardashian owns a little money-making industry.
Kris recently gave an interview with Women’s Wear Daily on the subject of just how much Kylie Cosmetics is worth, a topic of hot speculation since the brand’s official full launch in 2016. For comparison, WWD cites Tom Ford Beauty, which boasted $500 million in sales over a ten year period, with Lancôme taking eighty years to reach a billion dollars.
The reality TV star and cosmetics maven, whose brand could be valued at a billion dollars by 2022, celebrated in style with those closest to her to mark the special occasion.
While Kris runs the fundamental business practices of the company as the chief financial officer, Kylie Jenner handles all of the creative aspects.
When Kylie launched her birthday collection on 1st August she managed to make £7.7 million in one DAY. Kylie Jenner’s Kylie Cosmetics brand is thriving, with sales reaching over $400 million in its first 18 months. She told the mag, “What I’ve been into is creating collections; that’s kinda my thing”.
PDA: The Lip Kit mogul got an affectionate hug from her new rapper flame, Travis Scott, who opened for The Damn Tour’s three-night stand in LA alongside D.R.A.M. It was everything I didn’t know I wanted at my next birthday.
“I want to keep building it and just show people what I can do on my own”, she said.
She also said that there’s no competition with her sister Kim Kardashian and her new cosmetics line. “I do want that but we haven’t figured out exactly how we’re going to do that and what approach were going to take”. “All I would do on YouTube when YouTube first came out was look at make-up tutorials and learn how to do my eyeshadow”.
With that, Kylie Jenner explained that she needs to be on Instagram and on Snapchat keeping people entertained just to stay relevant to the public.