Kendall Jenner is already making a huge amount of money from her various business ventures, but because she's a minor, 15% of her earnings have been going into a trust that she will get when she turns 18. Turning 18 is a big deal for any teenager. But, for Kendall Jenner it means a huge payday.
Kendall has earned a ton of money from her role on Keeping Up With the Kardashians and her various other business ventures, but because she's a minor, 15% of her earnings have been going into a trust that she will be able to access on her 18th birthday in November.
According to RadarOnline, Kendall has a net worth of $2 million, which means there could be $300,000 in cold, hard cash just sitting there waiting for her.
Talk about a nice birthday present!
Because sister Kylie Jenner has been earning similar amounts of money while she is a minor, she reportedly has a similar trust set up, but she doesn't turn 18 until 2015.
Something tells us they both have enough cash to hold them over in the interim.