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Jeffree Star’s Net Worth in 2023

Jeffree Star's net worth in 2023
Source-Instagram


Jeffrey Lynn Steininger Jr., known popularly as Jeffree Star, is an American model, Beautuber, DJ, singer, makeup artist, and fashion mogul with an estimated net worth of $200 million as reported by Celebrity Net Worth. Star is widely recognized as a fashion and beauty guru, currently holding the title of the second-most subscribed beauty channel on YouTube. Star is also the brains behind the Jeffree Star Cosmetics company.


Star had always been interested in modeling and makeup, and shifted to Hollywood following his high school graduation, where he worked at makeup counters while also doing side-gigs at weddings and fashion shoots to support himself.


Source-Instagram


Owing to these side gigs, Star made numerous connections with prominent celebrities, and around the same time, had developed a massive following on the now-defunct social media app, MySpace. By 2006, Star was one of the most-followed people on MySpace, and was even accredited with being the most connected profile on the social networking site. Star often released music on MySpace which was positively received and regularly topped the MySpace charts as reported by Celebrity Net Worth.


Star decided to join YouTube and eventually registered his channel under the name jeffreestar on February 14, 2006. SocialBlade reports it took Star over a decade to reach the one million subscribers mark but gained over 19 million subscribers between the period of 2016-2020. Currently, the channel boasts 16 million subscribers and over two billion views.


Source-Instagram


Star finally decided to take up his passion for music and singing and released his debut and only album to date titled, “Beauty Killer” in September 2009. It offered features from Nicki Minaj and managed to debut at number two on the Top Heatseekers chart and peaked at #122 on the Billboard 200.


This was followed by several world tours to promote his music and he was signed by Akon’s record label, Konvict Muzik for a second album. In an interview with Shane Dawson, Star revealed that personality clashes and creative differences led to him leaving both Konvict Muzik and the music industry in general.


Source-Instagram


Star decided to make a considerable gamble in November 2014 and used up all of his savings from his makeup and modeling career to start the Jeffree Star Cosmetics company. Forbes reported Star made an estimated $18 million from his YouTube channel alone in 2018, which earned him the spot of fifth-highest paid YouTuber of 2018.


Personal Information


Real Name

Jeffrey Lynn Steininger Jr.

Nick Name

Jeffree Star

DOB (Age)

November 15, 1985 (36 years old)

Height

5 ft 7 inches (170 cm)

Weight

60 kg (132 lbs)

Net worth

$200 Million

Nationality

American

Address/Residence

Los Angeles, California/Casper, Wyoming


Social Media Stats


Platform

Followers/Subscribers

Instagram

13.9 million

YouTube

16 million

Twitter

6.3 million

TikTok

5.2 million


Sources of Income


Source-Instagram


Jeffree Star has accrued a mind-boggling net worth of $200 million. He earned most of his stellar valuation from the Jeffree Star Cosmetics company as well as from AdSense revenue from his popular YouTube channel. Apart from this, Jeffree is also a model and has been sponsored by different brands, from his career as a music producer and also from starting his own line of merchandise.


Social Media:


Source-Instagram


Net Worth Spot estimates that the jeffreestar YouTube channel has an estimated net worth of about $1.09 million on its own and the channel earns an estimated $271,770 a year, based on the estimate that YouTube channels earn anywhere between $3-$7 per one thousand views. However, these are conservative estimations and jeffreestar could earn over $489,180 a year.


Net Worth Spot estimates that Star’s Instagram handle with over 20 million followers has an estimated net worth of about $73.72 million on its own and the channel earns an estimated $14.74 million a year. This is based on the estimate that accounts with a high engagement rate, like Star’s, might ask for around ~$2.00 for a thousand followers to $4 for a thousand fans, or even higher.


Source-Instagram


In an interview with Cosmopolitan, Star revealed that he had been offered $165,000 to endorse Pepsi’s products.SocialBlade reports that jeffreestar earns anywhere between $951-$15,200 per month and anywhere between $11,400-$182,500 per year.


Music Career:


Source-Instagram


Jeffree Star has over 57,357 monthly listeners on his Spotify page. Having released his debut album and after his subsequent tours of the world, it is safe to assume Star makes quite a decent amount of money from his music career as well to compliment his YouTube revenue.


Business Ventures:


In an interview with Shane Dawson in 2018, Star claimed his makeup empire made an annual revenue of over $100 million, though these claims can’t be verified as the company is private.


Apart from his successful cosmetics company, Star also has his own line of men's and women’s clothing called Beauty Forever by Jeffree Star. Star has actively invested in marijuana following it becoming legal in California and owns all the shipping and fulfillment centers that are needed by Jeffree Star Cosmetics.


Source-Instagram


Star and Dawson decided to team up for a line of eye-shadow and lipsticks with Star claiming that if the stock sells out, both parties will earn a total of $35 million with $10 going to Dawson.


As reported by Forbes, during the annual year 2018, Jeffree earned $18 million from his various business ventures, which made him the fifth highest-paid YouTuber on the planet. He managed to better his placement in the following list, having earned the fourth highest-paid spot with $17 million and subsequently earned $15 million in 2020, which placed him tenth on the same list.


Jeffree Star's Expenses


Source-Instagram


Celebrity Net Worth reports Jeffree purchased a 10-bedroom mansion in Calabasas, California for nearly $3.62 million. He reportedly spent a couple million more for renovating the 7,000 square-foot home and reportedly sold this mansion for $3.4 million in November 2020.


Dirt reports Star dropped a whopping $14.6 million on his new house in Hidden Hills, California which features 8 bedrooms with over 25,000 square feet of living space. Insider reports that following the pandemic, Star is looking to sell this mansion as well and currently resides in a $1.1 million ranch that he bought in Wyoming that features over 500 acres and 40 yaks.


Source-Instagram

21 Motoring reports Star has an incredible collection of luxury cars in his garage which include a McLaren Senna ($1.7 million), a Rolls-Royce Cullinan ($650,000), a Rolls-Royce Dawn ($410,000), a Lamborghini Urus ($220,230), a Rolls-Royce Wraith ($330,000), a McLaren 570S ($192,500), a Lamborghini Huracán ($178,000), an Aston Martin Vantage ($150,000), a BMW i8 Roadster ($200,000), a Jeep Wrangler Rubicon ($44,000), and a 1965 Rolls-Royce ($75,000).

FAQs

How is Jeffree Star So Rich?

Jeffree Star is an American model, Beautuber, DJ, singer, makeup artist, and fashion mogul. All of these contribute to his $200 million valuation, but the primary reason why Jeffree Star is so rich is his company, Jeffree Star Cosmetics. In an interview with Shane Dawson, Star claimed that the gross revenue of the company was north of $100 million as of 2018, though these reports cannot be verified given it's a private company.

Is Jeffree Star a billionaire?

No, Jeffree Star is not a billionaire. Celebrity Net Worth estimated his net worth to be around $200 million, which in fact makes him the richest YouTuber in the world, but even that is not enough for the fashion mogul to earn the tag of a billionaire.
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