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Kylie Jenner tops Forbes Highest Paid Celebrities list for 2020 at nearly $ 600 million


While 2020 was certainly a challenging year for everyone, Kylie Jenner and Kanye West have figured out a way to (literally) capitalize on more than any other celebrity.

Jenner, 23, and West, 43, who are married to their half-sister Kim Kardashian, topped Forbes' annual list of the highest paid celebrities for 2020.

Jenner easily topped the list with a whopping $ 590 million made last year, while West ended up in a distant second place with $ 170 million.

Highly Paid: While 2020 was certainly a challenging year for everyone, Kylie Jenner and Kanye West figured out a way to (literally) capitalize on more than any other celeb

Highly Paid: While 2020 was certainly a challenging year for everyone, Kylie Jenner and Kanye West figured out a way to (literally) capitalize on more than any other celeb

The bulk of Jenner's annual profit came from the sale of 51% of her Kylie Cosmetics business to publicly traded Coty.

It made $ 600 million on the sale, and Forbes added it pocketed $ 540 million before taxes.

While she was named the youngest “self-made” billionaire in March 2019 at the age of just 21, her company's earnings were controversial and she lost her “billionaire status”.

Outcome: Most of Jenner's annual earnings came from the sale of 51% of her Kylie Cosmetics business to publicly traded Coty

Outcome: Most of Jenner's annual earnings came from the sale of 51% of her Kylie Cosmetics business to publicly traded Coty

Forbes estimated in November that her net worth was valued at around $ 700 million, though her sale to Coty has been described as "one of the biggest celebrity payouts of all time".

Her company, Kylie Cosmetics, had total sales of $ 200 million in 2019 and reached a whopping 175 million people on social media.

West's profit of $ 170 million increased its "real-time net worth" to $ 1.3 billion on Tuesday.

Cosmetics: Your company Kylie Cosmetics had total sales of $ 200 million in 2019 and reached a whopping 175 million people on social media.

Cosmetics: Your company Kylie Cosmetics had total sales of $ 200 million in 2019 and reached a whopping 175 million people on social media.

West signed a high profile deal with sneaker maker Adidas, with "new information" about the deal that convinced Forbes to brand him a billionaire.

Adidas makes its sneaker brand Yeezy, with the company paying the rapper an annual license fee for its sneakers.

The sneaker brand Yeezy had sales of a whopping 1.3 billion US dollars in 2019 alone. The rapper also owned his own line of Yeezy clothing.

Sneaker deal: West has signed a high profile deal with sneaker maker Adidas, with "new information" about the deal convincing Forbes to brand him a billionaire

Sneaker deal: West has signed a high profile deal with sneaker maker Adidas, with "new information" about the deal convincing Forbes to brand him a billionaire

West is said to own all of its brands in full, and it was announced in June that it had signed a deal with Gap to sell its Yeezy clothing line.

The rest of the top 10 on the Forbes list are mostly athletes, with five of the eight making their fortune mostly from athletic salaries.

Tennis legend Roger Federer ranks third overall and named the highest-paid athlete with a profit of $ 106.3 million, primarily from advertising deals, including a 10-year deal for $ 300 million with Japanese clothing brand Uniqlo.

Roger's Wealth: Tennis legend Roger Federer ranks third overall and named the highest paid athlete with a profit of $ 106.3 million primarily from advertising deals, including a 10-year $ 300 million deal with the Japanese apparel brand Uniqlo

Roger's Wealth: Tennis legend Roger Federer ranks third overall and named the highest paid athlete with a profit of $ 106.3 million primarily from advertising deals, including a 10-year $ 300 million deal with the Japanese apparel brand Uniqlo

Football sensation Cristiano Ronaldo took fourth place with $ 105 million. Most of that comes from his $ 64 million annual salary at Juventus.

Another star on the court, Lionel Messi, finished fifth with $ 104 million and made $ 80 million a year from Barcelona along with other advertising deals.

Fourth: Football sensation Cristiano Ronaldo finished fourth with $ 105 million. Most of that comes from his $ 64 million annual salary at Juventus

Fourth: Football sensation Cristiano Ronaldo finished fourth with $ 105 million. Most of that comes from his $ 64 million annual salary at Juventus

Fifth: Another star on the pitch, Lionel Messi, finished fifth with $ 104 million and made $ 80 million a year from Barcelona along with other advertising deals

Fifth: Another star on the pitch, Lionel Messi, finished fifth with $ 104 million and made $ 80 million a year from Barcelona along with other advertising deals

Filmmaker Tyler Perry ranked sixth on the list for $ 97 million. Most of it comes from his huge film library, in which, unlike many filmmakers, he has a 100% stake.

He also opened the 330-acre Tyler Perry Studios in Atlanta last year and signed a deal with Viacom to own 25% of the BET + streaming service.

Perry is followed by another soccer star Neymar in seventh place with $ 95.5 million, who has a five-year deal worth $ 350 million.

Sixth, filmmaker Tyler Perry came in sixth on the list with $ 97 million. Most of it comes from his huge movie library, which, unlike many filmmakers, he owns 100%

Sixth, filmmaker Tyler Perry came in sixth on the list with $ 97 million. Most of it comes from his huge movie library, which, unlike many filmmakers, he owns 100%

Shockjock Howard Stern ranks eighth on Forbes 'list at $ 90 million, though he could climb next year' s list.

His Sirius XM contract expires later this month, and since he retains the rights to his archives, a massive payout could come.

NBA star LeBron James ranks ninth with $ 88.2 million, including his Los Angeles Lakers salary, numerous referrals, and his own film / TV production company.

Rounding out the top 10 are Dwayne Johnson, the highest paid actor in the world who grossed $ 87.5 million.

Howard: Shockjock Howard Stern ranks eighth on Forbes' list at $ 90 million, though he could move up next year's list

Howard: Shockjock Howard Stern ranks eighth on Forbes' list at $ 90 million, though he could move up next year's list

LeBron: NBA star LeBron James ranks ninth with $ 88.2 million, including his Los Angeles Lakers salary, numerous endorsements and his own film / TV production company

LeBron: NBA star LeBron James ranks ninth with $ 88.2 million, including his Los Angeles Lakers salary, numerous endorsements and his own film / TV production company

The Rock: Rounding out the top 10 is Dwayne Johnson, the highest paid actor in the world who grossed $ 87.5 million

The Rock: Rounding out the top 10 is Dwayne Johnson, the highest paid actor in the world who grossed $ 87.5 million

2020 Forbes Highest Paid Celebrities Top 10

1) Kylie Jenner – $ 590 million

2) Kanye West – $ 170 million

3) Roger Federer – $ 106.3 million

4) Cristiano Ronaldo – $ 105 million

5) Lionel Messi – $ 104 million

6) Tyler Perry – $ 97 million

7) Neymar – $ 95.5 million

8) Howard Stern – $ 90 million

9) LeBron James – $ 88.2 million

10) Dwayne Johnson – $ 87.5 million

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