Happy Birthday & Ka-Ching! Turning 18 Just Scored Kendall Jenner BIG Bucks

//kendall jenner cha ching  birthday money

Nov. 4 2013, Published 6:09 a.m. ET

Link to FacebookShare to TwitterShare to Email

Kendall Jenner came of age on Sunday, celebrating her 18th birthday, but the occasion proved to be a celebration for more than one reason, has learned.

The teen reality star just gained access to a privately-held trust account worth more than $300,000, documents seen by confirm!

All child stars in California have 15% of their earnings placed into a trust, known as a Coogan’s Trust, that their parents -- like momager Kris Jenner -- and business managers cannot access.

Kris Jenner
Article continues below advertisement

The trust is named after 1920s child star Jackie Coogan, who found out he was penniless as an adult thanks to his alcoholic father.

Kendall reportedly has a net worth of $2 million, thanks to her frequent appearances on E! reality TV show Keeping Up with the Kardashians, her modeling career and a number of endorsements, including acting as a brand ambassador for Seventeen Magazine.

As previously reported, in 2012, she pocketed $100,000 for lending her name to OPI nail polish, of which 15 percent, or $15,000, was deposited into her Coogan’s Trust account.



© Copyright 2023 Radar Media Group LLC. RADAR and RADARONLINE are registered trademarks. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.