Kylie Jenner tops Forbes list and is the highest paid celebrity
American media personality and reality tv star, Kylie Jenner has topped the Forbes highest-paid celebrities list of 2020.
The youngest Jenner sister is in charge of the marketing and is a creative director of her makeup brand Kylie cosmetics.
The list included top-earning celebrities who earned an average of 6.1 billion $ in 2020 with Kylie Jenner and Kanye West securing the top two spots. Despite Jenner’s history Forbes, the financial experts calculated her earnings to be 590 million $ this year as she sold 51% of her beauty brand stakes to Coty Inc. in January 2019. She received 540 million $ from this alone.
Kylie Jenner news
Kylie Jenner, star of the reality show Keeping Up with the Kardashians is the founder of Kylie Cosmetics. She has amassed a huge social media following despite her controversies. She has been recognized as the most influential woman by major magazine outlets. Her popularity helped her build her brand and become a huge influencer.
Kylie Jenner had initially lost her billionaire status when it was revealed that her business was smaller than what her family claimed to be. But in 2019, her business earned 200 million$ in revenue.
Kylie Jenner surpassed her brother in law Kayne West, rapper and businessman, and owner of Yeezy. He ranks second with an estimated earning of 170 million USD from his Adidas Yeezy collaboration. The popularity of the collaboration skyrocketed for its Yeezy Boost sneakers and high-end limited colorways.
Other media personalities that topped the list include tennis player Roger Federer with 109 million $ in earnings. Portuguese football player Christiano Ronaldo earned $105 million and Lionel Messi with earnings worth $104 million. Other celebrities featured on the list are Tyler Perry, Neymar, Howard Stern, Lebron James, and Dwayne Jonson were featured in the top 10.>
According to Forbes, the combined net worth of celebrities has become 6.1 billion $ as the COVID- 19 pandemics affected the world. However, there is a drop of 200 million $ worth compared to the last year. This is the first decline since 2016, as reported by Forbes.