Ever since launching her enormously profitable Kylie Cosmetics empire in 2015, Kylie Jenner went from being a teenage actuality star to Forbes naming her the youngest self-made billionaire. The TV persona, who earns over $1 million per sponsored publish on Instagram, has actually grow to be a drive to be reckoned with within the make-up trade, which has since seen the likes of Jennifer Lopez, Woman Gaga, and Kesha debut their very own respective beauty manufacturers.
The reality is, there’s some huge cash to be made within the magnificence trade, and celebs have realized that as an alternative of endorsing different manufacturers, why not simply begin your individual and self-promote it on social media? That’s precisely what Kylie did, and now she has some of the profitable beauty manufacturers on this planet, which actually isn’t a simple accomplishment.
One other celeb who has been getting lots of consideration along with her cosmetics line is Rihanna, who launched her Fenty Magnificence again in September 2018 and rapidly turning into a fan-favorite firm for its inclusivity and big selection of shades for ladies of all colours.
With their booming companies each surpassing the billion-dollar mark in value, it’s honest to imagine that Rihanna and Kylie have made a fortune from their corporations, however that also begs the query of who’s been doing it higher than the opposite?
Who’s Richer: Rihanna Or Kylie Jenner?
In late 2020, Kylie’s web value was estimated to be $700 million, with an enormous chunk of that cash stemming from the deal she signed in November 2019 when KJ sold 51% of her company to Coty Inc. for a reported $600 million.
Kylie Cosmetics’ worth as an organization was believed to be round $1.2 billion on the time of the sale, which left the mom of 1 with nearly $340 million after taxes.
Over the summer season of 2019, Travis Scott’s ex-girlfriend had additionally launched a skincare model referred to as Kylie Pores and skin, which has carried out tremendously properly in earnings — a lot that the gross sales of merchandise similar to moisturizers, exfoliating face scrubs, and cleansers are bringing her one other hefty supply of earnings.
Previous to the Kar-Jenners ending their 14-year-run on E!, which the household introduced in a press release given in September 2020, Kylie and her household have been making a ridiculous amount of cash capturing episodes for his or her hit actuality present, Maintaining Up With the Kardashians.
In 2017, for instance, Kris Jenner inked a $150 million deal to extend the partnership with the network for an additional 5 seasons. The well-known momager later went on to inform Ellen Degeneres in November of that very same yr that the cash constructed from E! has all the time been cut up evenly between every member of the family.
“I am fortunate if I receives a commission by the point the women get completed with me,” Kris joked throughout her chat on Ellen’s discuss present. “All people will get paid just about equally, ‘trigger all of us movie rather a lot and all of us work arduous, and we have created this present and this model for the final decade…All people’s completely satisfied.”
That may technically imply Kylie’s share of that quantity would have been not more than $3-4 million per season, which compared is nothing in comparison with the $1 million she reportedly instructions to publish sponsored content material on her official Instagram account that boasts over 200 million followers.
As compared, Rihanna, who has had an amazing profession within the music trade, having bought over 80 million information worldwide and being finally generally known as the Princess of R&B, her begin within the magnificence enterprise got here relatively late — a minimum of not as early as Kylie.
Since Fenty Magnificence’s launch in 2018, the corporate was estimated to have made $570 million in income by the yr’s finish, leaving the “Umbrella” with a beneficiant earnings. It ought to be famous, nonetheless, that RiRi solely owns 15% of the agency because the magnificence model was launched with a number of buyers together with Kendo Holdings and LVMH.
Rihanna has two sub-brands together with Fenty Magnificence: Fenty Pores and skin and her lingerie line Savage x Fenty. As a collective, the Fenty empire is bringing in additional than $650 million in income per yr, however RiRi would solely get a 15% stake of that fortune.
Rihanna, nonetheless, has nonetheless amassed an enormous web value due to her success not simply as a designer, entrepreneur, actress, but additionally one of many best-selling feminine artists of all time, whose profession took off in 2005 following the discharge of her debut album, Music of the Solar.
A few of her greatest singles embrace “We Discovered Love,” “What’s My Title?” “Solely Woman In The World,” “Diamonds,” and “Wanted Me.”
The Bajan magnificence is at present rumored to be engaged on her ninth studio album, which is predicted for a highly-anticipated launch later this yr.
Britney Spears Appears To Be Drugged, Seductively Dancing In A Barely-There Outfit
About The Writer