Reality star Kylie Jenner, 20, on track to be billionaire
13 July, 2018, 02:57 | Author: Kristine Mills
"CONGRATS @KylieJenner", raved the KKW Beauty founder, who also made the list, ranking in at No. 54 with $350 million. The text beside her reads, "At 21, she's set to be the youngest-ever self-made billionaire". Kylie is the sole owner of the company. Within the next two years, Jenner has launched her own cosmetics called Kylie Cosmetics. Fast forward to a year or so later, and Kylie Cosmetics had raked in $430 million in just 19 months.
Adding millions from TV programs, endorsements and after-tax dividends from her company, Forbes said Jenner was "conservatively" worth $900 million. Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23.
Momager Kris and her siblings all took to social media to congratulate the 20-year-old. "She has definitely been a huge part of the success of Kylie Cosmetics". And with no office (she works out of her mother's home) and only seven full-time employees and five part-timers, it has very little overhead.
Her being the most financially successful Kardashian-Jenner has impressed people on social media but also raised some eyebrows.
The website went on to say "Used in a sentence: Forbes says that Kylie Jenner is a self-made woman".
The Kardashian matriarch is asked during her interview how her family coped with her daughter starring in the straight-to-video offering, which resulted in millions around the world seeing Kris' daughter enjoying a naked romp with then-boyfriend Ray J. She has been a reality television star since she was 10 with regular appearances in her family's television shows Keeping Up With The Kardashians and Kourtney And Khloe as well as her own show Life of Kylie since 2017. She has grown up in front of the camera, though it was essentially her elder half-sisters' show at first. She isn't some college student who pooled her pennies for an initial investment in her business.
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