Kylie Jenner’s Cosmetics Company Is Worth $420 Million, Kris Jenner Says

Article Reprint

Kylie Jenner is well on her way to becoming a billionaire.

Kris Jenner told WWD that her daughter’s business Kylie Cosmetics, which includes her coveted Lip Kits, has made $420 million in retail sales since its official launch 18 months ago. The company is projected to make $386 million in 2017—a 25 percent increase, the outlet reported Wednesday.

Kylie, who turns 20 on Thursday, released her first Lip Kits in late 2015 as a test line and established her company’s name a few months later. The Lip Kits, her signature product, are so popular that new editions often sell out instantly after being introduced online—typically by Kylie herself, via Snapchat.

Article Appeared @http://www.eonline.com/news/872441/kylie-jenner-s-cosmetics-company-is-worth-420-million-kris-jenner-says

Leave a Reply

Your email address will not be published. Required fields are marked *