Kylie Jenner Will Soon Be the Youngest Self-Made Billionaire Ever

Kylie Jenner Will Soon Be the Youngest Self-Made Billionaire Ever

According to Forbes' calculations, that makes her not only the Jenner-Kardashian with the highest net worth, but also the 27th richest self-made woman in the United States.

Cape Town - Think about what you've been doing for the past three years, while you've been doing that, Kylie Jenner has been making millions of dollars.

In 2016, Kylie Cosmetics debuted with a $29 "lip kit" (for the uninitiated, it's a matching lipstick and liner duo), and, according to Forbes, she has sold more than $630 million worth of makeup since - including an estimated $330 million in 2017 alone.

It's hard to conceptualize Jenner's exponential wealth, but Forbes highlights its direct connection to her social media success.

Kim Kardashian West may have put her family on the map with the highly successful, incredibly lucrative E! reality show, Keeping Up With the Kardashians, but it's her baby sister Kylie Jenner whose banking the most from her celebrity.

"Social media is an incredible platform; I have such easy access to my fans and my customers".

The 20-year-old's net worth has skyrocketed beyond that of her siblings thanks to the success of Kylie Cosmetics.


"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", Robehmed reports.

"Ever since I was in sixth grade, I would wear purple eye shadow", she remembers.

The company was launched with $250,000 (£188,000) of Kylie's own money she had earned from modelling; she produced 15,000 lip kits and teased the launch for months on Instagram.

One person wrote, "Everyone is hating on Kylie because Forbes said she was a self-made billionaire, but the truth is that half of you would never be able to do what she has done, regardless of the position you were born into". Jenner owns 100 per cent of it.

"Maybe one day [I'll] pass this on to Stormi", she exclaims.

"Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at almost $800m".

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