The rich secret of Gen Z female stars who own a hundred billion mansion
Gen Z is undeniably getting better and better. The proof is that many young people of this generation, even though they have only just passed the threshold of 20, have already owned a desirable fortune and developed businesses. Among them, if not to mention Kylie Jenner – the beautiful girl who almost became the youngest billionaire in the world is flawed.
Kylie Jenner – extremely rich Gen Z female star
According to a report by Celebrity Net Worth, Kylie’s fortune in 2021 is $ 700 million (about 16 trillion dong). Currently, she owns 3 luxury villas in California with a total value of up to 63.5 million dollars (1.4 trillion dong). The number of her super cars has also reached 14 units with the price of 5 – 31 billion VND / unit. Kylie also owns a specially designed G63 just to take her lover for a walk and sold this car in 2016 for 3.2 billion dong.
Besides that flashiness, many people are also curious in a short time (2016 – 2021), how did Kylie accumulate a huge fortune?
At the age of 25, Kylie owns a huge fortune with many expensive villas and luxury car collection
1. Try it before you do it
Unlike other investors who will pour all their capital into the business from the start, Kylie is much more cautious. Before she was sure her business would work, she chose to experiment first.
When she started the business in 2015, Kylie used only $250k in savings from modeling money to pre-produce 15k sets of lipstick and lip liners called Kylie Lip Kits. The product was quickly sought after, “out of stock in 1 minute”, creating a premise for her to continue pouring capital, expanding the brand with a wider range of categories and changing the name to Kylie Cosmectics.
Next, when the brand started to stabilize, the pretty girl decided to sell 51% of the shares to Coty – the company that owns many popular cosmetic brands such as Calvin Klein perfume, Hugo Boss, Burberry, Covergirl in 2019. … This deal not only helped Kylie pocket $ 600 million after only 4 years of business, but also helped push the value of Kylie Cosmetics brand many times.
Up to now, Kylie Cosmetics brings in beautiful Gen Z hundreds of millions of dollars a year and is also her biggest source of income.
2. Take advantage of availability
Being born into a famous and scandalous family and having a high following is undeniably one of the factors leading to Kylie’s success.
Taking advantage of the popularity of the Kardashians – Jenner family members, Kylie regularly promotes her brand in many unique ways. Which is giving 2 nieces North West (3 years old) and Penelope Disick (4 years old) a makeup kit, opening a show on YouTuber with guest Kim Kardashian bluntly criticizing Kylie Cosmetics cosmetics “no” worth the money” … these tricks are controversial but undeniably its success, Kylie Cosmetics is becoming more and more known, sales increase year by year.
On the other hand, as the number 3 follower on Instagram (322 million followers), Kylie’s influence is huge. In addition to advertising products from her brand, she also regularly receives more ads from fashion brands and earns large amounts of money.
Her influence is so great that even the “long-legged” tycoon Frank Spadafora once estimated that just one of her posts could earn around 1 million dollars – the dream number of many people.
Taking advantage of her hotness on social media, Kylie earned tens of millions of dollars thanks to lucrative advertising contracts
3. Don’t “sleep on victory”
If the average person earns an unbelievable amount of money by trading in a fixed field, it is unlikely that they want to break into another field. But Kylie is not like that.
Besides the cosmetics and beauty business, Kylie also pours capital into many other fields. Pretty girls follow Kim Kardashian’s infamous sister, building her own game around makeup, new home decor and pets. Immediately upon launch, the application climbed to number 1 on Apple’s “popular” chart, bringing in a small amount of money for Kylie.
Over the years, pretty girls have also continuously made profits from real estate and supercars. She owns a lot of limited edition supercars with sky-high prices, every time she switches hands, she makes a profit. Or most recently, in 2021, Kylie sold 3 of her villas and pocketed 15 million dollars (VND 342 billion).
In addition, she also collaborated with her sister Kendall Jenner to launch a fashion brand specializing in linen.
Along with her famous sister Kendall, Kylie launched her own fashion label specializing in linen
Conclude
It’s not wrong to say that Kylie Jenner’s success comes from the family launch pad, but it’s also not entirely true. Because, besides the reputation available from the family, Kylie also went through a long process of business investment, learning and new experiences that can be achieved as it is now.
At the age of 25, the pretty girl is the richest member of the family with a “huge” fortune thanks to her success in business and her influence on social media. This is also the clearest proof of her business ability and investment mindset.
Photo: Synthesis
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
