At the top of the Forbes 2020 list of highest paying celebrities, American actress Kylie Jenner has come out. Jenner’s youngest sister received $590 million during the year according to the list. When she sold Coty 51 percent of her stake in her cosmetics brand, Kylie Cosmetics, most of her earnings came in January 2019. Out of this alone, she got $540 million.
She inked a deal in November to sell $600 million to cosmetics giant Coty Inc. for a 51 percent interest in Kylie Cosmetics. Jenner recently donated $1 million for purchasing personal security equipment such as masks and face shields to Cedars-Sinai Medical Center in Los Angeles, the hospital where she gave birth to daughter Stormi in 2018.
The Keeping Up With the Kardashians star appears to be in charge of Kylie Cosmetics, her company’s promotions and artistic efforts.
After it was reported that her organisation was smaller than what her family had been saying for years, Kylie lost her billionaire status. In 2019, Kylie Cosmetics had $200 million in sales. On various social media sites, Kylie has more than 175 million followers who assist her in promoting her brand.
With this place, with the aid of its deal with Adidas of Yeezy sneakers, Kylie beats her celebrity brother-in-law Kanye West, who ranks second with approximate earnings of USD 170 million. For its line-up of Yeezy Boost sneakers and high-end limited edition colourways, their partnership has become popular.
Kanye is the husband of Kylie’s half-sister, Kim Kardashian, who is an entrepreneur and a television personality.
Other sports stars on the list of highest-paid celebrities include Roger Federer with $109 million in earnings, Christiano Ronaldo with $105 million in earnings, and Lionel Messi with $104 million in earnings. In the top 10 of the chart, Tyler Perry, Neymar, Howard Stern, LeBron James and Dwayne Johnson also appeared.
Dwayne Johnson was, incidentally, identified in the 2019 list as the highest-paid actor in the world. In July this year, he has also named Instagram’s highest-paid celebrity, a position earlier held by Kylie Jenner.
The combined value of celebrities was $6.1 billion when the pandemic of Covid-19 struck the globe, according to Forbes. There is however a decrease in their value of $200 million compared to the previous year.