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Entertainment of Friday, 5 June 2020

Source: www.mynigeria.com

Forbes names Kylie Jenner highest-paid celebrity, after dumping her from billionaire's list

Kylie Jenner Kylie Jenner

American business magazine, Forbes, has named Kylie Jenner as one of the highest-paid celebrities on Thursday in its annual list.

This comes after the American media personality was yanked off Forbes' billionaire's list last week as it had declared a year ago, a move that saw Kylie ridicule the magazine in her response.

Jenner, 22, the half-sister of Kim Kardashian responded saying that the original Forbes estimate was based on “a number of inaccurate statements and unproven assumptions.”

Forbes estimated that Jenner earned $590 million in the last 12 months, mostly from the sale of a 51 per cent stake in her Kylie Cosmetics line to Coty in 2019.

Meanwhile, Jenner's in-law, Kanye West also made the list of the highest-paid celebrities, but sports stars, including Roger Federer and Lionel Messi, dominated the top 10.

West, who is married to Kim, followed with an estimated $170 million in earnings, much of it from his deal with Adidas for his Yeezy sneaker brand.

West was also the top-earning musician, followed by Elton John who raked in most of his estimated $81 million from a lengthy farewell tour.

Forbes said the Celebrity Top 100 earned a combined $6.1 billion before taxes and fees, a $200 million drop from 2019, after the coronavirus pandemic shuttered stadiums and sports arenas.

Tennis champion Federer took third place with an estimated $106.3 million, mostly from endorsement deals with the likes of Japanese clothing company Uniqlo and watchmaker Rolex, followed by soccer stars Cristiano Ronaldo and Messi.

Forbes compiled the list by estimating pre-tax earnings from June 2019-June 2020, before deducting fees for managers, based on data from Nielsen, touring trade publication Pollstar, movie database IMDB, as well as interviews with industry experts and many of the celebrities themselves.

Newcomers this year included “Hamilton” creator Lin-Manuel Miranda ($45.5 million) and musician Billie Eilish ($53 million), who at age 18, was the youngest of the Celebrity 100.

Taylor Swift, who took the top spot a year ago, slid to 25th place after the conclusion of her “Reputation” world tour.

(Reuters/NAN)