What Is Jeffree Star’s Net Worth?
Jeffree Star, an American model, fashion designer, DJ, singer-songwriter, and makeup artist, has accumulated a net worth of $200 million. His wealth primarily stems from his successful cosmetics empire, Jeffree Star Cosmetics, and his presence as one of the highest-paid YouTube stars. Jeffree Star’s career began in the mid-2000s as a MySpace celebrity and musician, known for his unique image and electronic music. Born Jeffrey Lynn Steininger Jr. in 1985, he transitioned his focus to makeup artistry and entrepreneurship, leading to the creation of Jeffree Star Cosmetics in 2014.
Jeffree Star’s Cosmetics Empire and Earnings
Jeffree Star Cosmetics, founded in 2014, became the primary source of Star’s wealth. In a 2018 interview with YouTuber Shane Dawson, Jeffree claimed that his makeup empire’s annual gross revenue is north of $100 million. While this figure is unconfirmed due to the company being private, his lifestyle indicates a highly successful venture. Between January 1st and December 1st, 2018, Jeffree earned $18 million from his various business ventures, securing his position as the 5th highest-paid YouTube Star on the planet. In 2019, his earnings reached $17 million, making him the 4th-highest YouTuber. By 2020, Jeffree earned $15 million, placing him as the 10th highest-paid YouTube star. The majority of Star’s earnings come from Jeffree Star Cosmetics, with the company grossing over $100 million per year.
Star’s initial foray into the cosmetics industry involved launching a collection of velour liquid lipsticks, with all 30,000 units selling out rapidly. He expanded the product line to include lip scrubs, highlighter palettes, and eye-shadow pallets. Additionally, he introduced accessories and clothing, such as makeup bags and mirrors. In 2019, Jeffree and Shane Dawson collaborated to launch a line of eye-shadow and liquid lipsticks. Jeffree claimed that if they sold out of the eye shadow, they would earn $35 million, with $10 million going to Shane.
Early Life and Career Beginnings
Jeffrey Lynn Steininger Jr. was born in Orange County, California, on November 15, 1985. He was raised by his mother, Marra Shubyann Lindstrom Steininger, after his father’s suicide when Jeffree was six. He began experimenting with makeup at a young age and wore makeup to school every day in junior high. After graduating from high school, he moved to Hollywood to pursue a modeling and makeup career, while also maintaining an interest in music. In Hollywood, he worked at makeup counters and booked gigs at weddings and fashion shoots. He gained recognition on MySpace, posting makeup tips and songs, eventually becoming one of the most followed personalities on the platform by 2006. His songs regularly topped MySpace Music’s Independent Artists charts, contributing to his early fame and financial stability.
Jeffree’s debut album “Beauty Killer” was released on Popsicle Records in September 2009. The album debuted and peaked at #2 on the Top Heatseekers chart and peaked at #122 on the Billboard 200. It hit #22 on the US Independent Albums chart. It also made the top 10 of the US Dance/Electronic Albums. His 2008 EP “Cupcakes Taste Like Violence” also cracked the top 10 on several charts. He worked with Kesha and Nicki Minaj and, in 2010, signed a record deal with Akon’s Konvict Muzik for a second album, which was never produced.
Real Estate Investments
Jeffree Star’s real estate portfolio reflects his substantial net worth. In December 2019, Jeffree purchased a Hidden Hills mansion in California for $14.6 million. This property, spanning just under 3 acres, features eight bedrooms and 13 bathrooms within its 25,000 square feet of living space. He listed the Hidden Hills home for sale in June 2021 for $19.5 million, later accepting $16.7 million for the compound in June 2022. Previously, he owned a 10-bedroom, 15-bathroom mansion in Calabasas, California, purchased in 2016 for $3.62 million and sold in November 2020 for $3.4 million. Around the time he listed the Hidden Hills home in the summer of 2021, Jeffree bought a 70-acre ranch in Wyoming and subsequently scooped up an additional 500 nearby acres.
Car Collection
Jeffree Star possesses an impressive car collection, valued at approximately $2.4 million, featuring luxury vehicles such as Bentleys, Aston Martins, Lamborghinis, and Ferraris. He claims to own a total of 25 vehicles.
Jeffree Star Cosmetics Foundation and Early Success
Jeffree Star founded Jeffree Star Cosmetics in 2014, using his entire life savings earned from his music and makeup career. He promoted his brand through YouTube, initially focusing on music-related content before shifting to cosmetics promotion. His early YouTube uploads were still mostly related to his music, but he soon shifted to promoting Jeffree Star Cosmetics. Thanks to friendships with celebrities like Kat Von D, his following grew quickly. His YouTube channel would eventually top 15 million followers with more than 2.6 billion video views. His initial product launch, a collection of velour liquid lipsticks, sold out all 30,000 units within minutes. He followed up with a line of lip scrubs, highlighter palettes, and eye-shadow pallets. He then released a line of accessories and clothing, including makeup bags and mirrors.