Sunday, 22 July, 2018

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

Kylie Jenner poised to become youngest billionaire ever Kylie Jenner set to become the youngest self-made billionaire on Forbes list
Charles Bowen | 11 July, 2018, 21:21

"Social media is an incredible platform", says Kylie, who ranks No. 27 on the list. At the tender age of 20, and between having a baby, Kylie has made the Forbes' annual list of America's Richest Self-Made Women. In a feature story about the youngest member of the Kardashian clan, the magazine estimates that her beauty company Kylie Cosmetics-launched less than three years ago, in November 2015-is worth $800 million. Mama Kris Jenner stepped in from there, securing their own e-commerce platform to relaunch Kylie Lip Kits as Kylie Cosmetics on Shopify, where it just exploded.

Her sister Kim Kardashian, who propelled the family to fame with her sex tape with Ray-J before the whole family went on to score a reality TV show, congratulated Kylie with fire emojis earlier today and sharing the front cover.

Kylie Jenner's cosmetics company has seen her named among the richest self-made women in America, with Forbes estimating her net worth at close to the billion dollar mark, making her more wealthy than Kim Kardashian, Beyoncé and Taylor Swift combined!

"Ever since I was in sixth grade, I would wear purple eye shadow", Jenner said. When Jenner made a decision to go into the beauty business, and make a career out of her biggest insecurity, she already had a massive number of followers to sell to. I have such easy access to my fans and my customers'. "I don't want to do it with anyone else, '" Jenner told Forbes, saying she used almost a quarter million dollars of her own money from modeling to make the first 15,000 lip kits.

"It has sold more than $630 million worth of makeup since, including an estimated $330m in 2017".

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"Thank you @Forbes for this article and the recognition", added Kylie.

As her appearance began to change, the world became fixated with whether or not teenage Jenner got lip fillers.

"We consider any person who built her own fortune, and didn't inherit the money, to be self-made", Forbes' methodology reads. "I don't want to do it with anyone else, '" she recalls of the kits that sold out in less than a minute.

Of course, it all started with her now-infamous "Kylie Lip Kits", which she reportedly trademarked when she was just 17. By the end of 2016, the company was selling a line of about 50 products with a revenue of about $307 million, according to Forbes.

"Maybe one day [I'll] pass this on to Stormi, if she's into it".

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