Apr 19, 2016 12:10 PM EDT

Kylie Jenner’s Net Worth Skyrockets With Lip Kit And Clothing Line; ‘KUWTK’ Star Talks About Personal Brand

Kylie Jenner's net worth continues to increase as she expands her personal brand. The "Keeping Up with the Kardashians" star has a Lip Kit collection as well as a clothing line with her sister, Kendall Jenner.

Hollywood Take reported that Kylie Jenner's net worth will be getting another boost as she introduced new metallic shades for her Lip Kit collection. The 18-year-old entrepreneur made the announcement last week.

The new metal matte lipsticks came after Jenner introduced her lip glosses. Kylie Jenner's new lipstick shades are Reign, King K and Heir. She currently has eight lipsticks with Candy K, Koko K, Dolce K, Posie K, 22, Mary Jo K, True Brown K and Kourt K.

Moreover, Kendall and Kylie Jenner's clothing line, Kendall + Kylie, will also have new pieces. The influential sisters have revealed that they will be adding handbags to their chic collection.

Kendall and Kylie Jenner's bags will be available in major luxury retailers and specialty shops such as Bloomingdale's, Holt Renfrew, Neiman Marcus and Saks Fifth Avenue. The collection will feature 18 styles with prices ranging from $75 to $450.

The publication noted that these expansions will definitely help increase Kylie Jenner's net worth of $10 million. The young "KUWTK" star also owns a hair extension line named Kylie Hair Kouture.

The youngest Jenner has landed campaigns and collaborations from PacSun, Puma and TopShop, among others. Kendall and Kylie has a mobile game app as well.

Speaking to Adweek, Kylie Jenner shared her thoughts about the future of her cosmetics line and her personal brand. "I feel like I'm juggling a lot right now, but my main focus is my cosmetics line," she said.

"There's so much I want to do that I can't really think about anything else. I want to take my time and work on each individual product until it's perfect. I don't want to rush into anything."

Kylie Jenner also revealed that, in five or 10 years, she plans to focus on her business. "Hopefully, I have a family and I'm just running my business and my cosmetics line," she added.

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