Queen of the Kardashians: How big is Kris Jenner’s net worth?
“Momager” Kris Jenner has been on our TV screens for as long as we can remember, mothering & managing her family empire. From reality TV to real estate, Kris Jenner has tried her hand in a myriad of entertainment & business ventures. It all draws us to the question: how big is Kris Jenner’s net worth?
According to Forbes’s latest reports revealed in October last year, Kris Jenner has a net worth of $190 million estimated to her name and ranked ninety-second in the “America’s Self-made Women 2020” list on the business magazine.
Let’s dive into the mastermind behind the Kardashian-Jenners’ expansive celebrity status.
Seventeen-year old Kris Jenner married Robert Kardashian in 1978 and gave birth to three daughters – Kourtney, Kim, and Khloe – and a son named Rob. Robert Kardashian. He was infamous for being one of the defense attorneys in O.J. Simpson’s murder trial in the 1990s. The Kardashian couple divorced in 1991 and later, Robert Kardashian passed away in 2003.
In the same year Kris Jenner divorced Robert Kardashian, she married former Olympic athlete Bruce Jenner (now known as Caitlyn Jenner) and had two daughters – Kendall & Kylie. Kris Jenner’s professional career started when she took on the role of managing Bruce Jenner, “directing the family’s franchise through negotiating endorsement deals and promoting his career”.
Kris & Bruce Jenner separated in 2013 and followed through with a divorce in the next. Supported by the Kardashian-Jenner family, Bruce Jenner came out as transgender in 2015 and officially changed his name to “Caitlyn”.
Inspired by the popular MTV show the Osbournes, Kris Jenner pitched the idea for Keeping Up With the Kardashians (KUWTK) to Ryan Seacrest which was later picked up by E! entertainment network and ultimately premiered in 2007 on television. The majority of Kris Jenner’s net worth comes from being an executive producer to the long-running reality show – and of course, starring in it as herself.
KUWTK documents the celebrity lives & relationships of the Kardashian-Jenner family, especially the closely age-grouped children and their personal journey into adulthood. In September, 2020, the family announced via Instagram that KUWTK will end in 2021, after airing twenty seasons – making it one of the longest-running American TV series.
KUWTK earned Kris Jenner about $100,000 per episode according to Forbes, adding a hefty amount to her net worth. The show led to the spin-offs Kourtney and Khloe Take Miami, Kourtney and Kim Take New York, and Khloe and Lamar, all of which had Kris Jenner as an executive producer.
In 2013, Kris Jenner hosted her own daytime TV talk show called Kris, however, it didn’t pass Fox network’s six-week trial and wasn’t renewed further.
In addition to running her own production company called Jenner Communications based in LA, Kris Jenner earns commissions from various avenues related to their family franchise such as clothing, skincare, makeup, and fragrance lines.
For instance, Kris Jenner is the co-founder of the cosmetics brand KKW Beauty alongside her daughter Kim Kardashian-West, owning 8% of the company worth $80 million pre-tax on paper. About 20% of KKW Beauty was acquired by Coty Inc. in June, 2020, evaluating the company for $1 billion overall.
Kylie Cosmetics is another makeup brand founded by her youngest daughter Kylie Jenner. Kris Jenner was revealed to be a silent partner in Kylie Cosmetics, owning 10% stake worth $30 million pre-tax, half of which she has now sold to Coty Inc.
Alongside managing her five celebrity daughters’ careers (and taking a 10% cut for every dollar they make), Kris Jenner has dipped her toes in real estate too. Last year, Kris Jenner sold her three-year-old luxury home in Calabasas for $15 million to Katharina Harf, the daughter of Peter Harf who is the CEO of Coty Inc. – the very same company that previously invested in KKW Beauty & Kylie Cosmetics.
Kris Jenner also owns a $12 million luxurious mansion in La Quinta, California (near Palm Springs) along with the family’s former Hidden Hills mansion that was seen frequently on Keeping up with the Kardashians.
You can’t enter the celebrity lifestyle without plans for writing a book! That stands true for Kris Jenner as she penned her first book, an autobiography titled Kris Jenner . . . and All Things Kardashian published in 2011.
Her second book was about her passion for cooking, In the Kitchen with Kris: A Kollection of Kardashian-Jenner Family Favorites was published in 2014. Both the books added to Kris Jenner’s umbrella of net worth sources.
Clearly, Kris Jenner is a multi-faceted businesswoman who enjoys expanding her family’s brand through numerous ventures, therefore, seeing her net worth accumulate to what it is today comes as no surprise.
What was your guess regarding Kris Jenner’s net worth? Let us know below!