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Kylie Jenner set to be the youngest-ever self-made billionaire

11 Juillet, 2018, 17:56 | Auteur: Christine Menetries
  • Kylie Jenner set to be the youngest-ever self-made billionaire

Jenner - the cover girl of Forbes' August 2018 "America's Women Billionaires" issue, released online on Tuesday- is worth roughly $900 million, according to the magazine.

Kylie Jenner is not only the youngest member of the Kardashian-Jenner clan, she's also on her way to becoming the youngest self-made billionaire.

"Add to that the millions she's earned from TV programs and endorsing products like Puma shoes and PacSun clothing, and $60 million (R807 million) in estimated after-tax dividends she's taken from her company, and she's conservatively worth $900 million (R12.7 million), which along with her age makes her the youngest person on the fourth annual ranking of America's Richest Self-Made Women", writes Natalie Robehmed of Forbes. Forbes estimates that with another year of growth, she'll become the youngest billionaire ever, trumping Mark Zuckerberg. Facebook's Mark Zuckerberg now holds the title when he became a billionaire at the age of 23.

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

In addition to bringing in millions from her families' reality shows and many more millions from product endorsement deals, Forbes estimates her booming makeup company, Kylie Cosmetics, is worth almost $800 million. Jenner is the sole owner.

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That's when the makeup-obsessed teen made a decision to launch her own company.

"I said, 'I'm ready to put up my own money".

Her first round of kits sold out in less than a minute.

Reflecting on the future, Jenner said she plans on working on Kyle Cosmetics "forever" noting that maybe one day she'll "pass this on to" daughter Stormi "if she's into it".

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