World's highest-paid celeb made $590 million in a year; reality TV star out-earned Taylor Swift, Tom Cruise, Shah Rukh

Earning over half a billion dollars in one year, this reality TV star left superstars like Shah Rukh Khan, Tom Cruise, and Taylor Swift behind.

Updated on: Nov 18, 2024, 17:11:20 IST

By Abhimanyu Mathur

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Imagine earning over half a billion dollars in one year. These are the kind of numbers that Fortune 500 companies and super-rich business tycoons do. But it's no mean feat for a celebrity who is not even a singer or an actor. The world's highest-paid celebrity achieved this feat in 2020, out-earning every other big name by over three times. (Also read: Kylie Jenner reacts after Forbes said she isn’t a billionaire, spun a ‘web of lies’ for her title)

The world's highest-paid celebrity

According to Forbes magazine, the world's highest-paid celebrity is Kylie Jenner. The reality TV star-cum-fashion entrepreneur earned a staggering $590 million in 2020 alone. This is the most a celeb has earned in a year. The bulk of Kylie's earnings come from her business - Kylie Cosmetics. Kylie launched the business in 2015, selling 51% stake to publicly traded Coty, Inc. in January 2020 for $600 million.

However, the 27-year-old still retains a 44% stake in the company, netting her an enormous amount. This $590 million earning is the highest any celeb has made in a single year, easily beating Kanye West's $10 million from the same year. Among others who have earned over $100 million in a year are sportspersons Roger Federer, Lionel Messi, and Cristiano Ronaldo, filmmakers Tyler Perry and George Lucas, actor Dwayne Johnson, and musicians Jay Z, Beyonce, Taylor Swift, and Selena Gomez.

Kylie Jenner's incredible net worth

Forbes puts Kylie Jenner's net worth at a little over $700 million as of 2024. Kylie was recently the subject of controversy after being initially branded the youngest self-made billionaire ever. However, Forbes later noted that she and the Kardashian-Jenner family had misreported her business' size for years. This led to her losing the billionaire tag, but she remains one of the richest entertainers in the world and one of the youngest in the top 100 as well.

ABOUT THE AUTHOR
Abhimanyu Mathur
Abhimanyu Mathur is Deputy Editor, Entertainment at Hindustan Times. With almost 15 years of experience in writing about everything from films and TV shows to cricket matches and elections, he inhales and exhales pop culture and news. Currently, he watches movies and TV shows and talks to celebrities for a living, while occasionally writing about them as well. A journalism graduate of Delhi College of Arts and Commerce, Delhi University, Abhimanyu began his career with Hindustan Times at the age of 20, swapping classrooms for newsrooms at an early age. He began his journey in the early days of digital journalism, later switching to the madness of print journalism. Work has led him to far off places like Japan and Jordan, as well as to the interiors of Haryana and the Indo-Pak border. He dabbled in city reporting in places like Meerut, Gurgaon, and Delhi, covered the Olympics and Cricket World Cups, before finding his calling in entertainment and lifestyle during the pandemic. A Rotten Tomatoes Certified Film Critic, he is equally at home covering stories on ground as he is interviewing celebrities and studios, and sometimes prefers to shepherd teams in delivering traffic through the day. Even as his role has evolved from reporter to supervisor over the years, his first love remains writing (and of late, talking on camera). With a good understanding of cinema and its trends, and a keen eye for detail, he continues to spark conversations around showbiz for readers around the world.Read More

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