Kylie Jenner To Become Youngest ’Self-Made’ Billionaire Ever After Making $900 Million

11 July, 2018, 23:58 | Author: Cecil Buchanan
  • Kylie Jenner set to become the youngest self-made billionaire on Forbes list

The 20-year-old stars on the August cover of the glossy with its issue focused on the "2018 List of America's Richest Self-Made Women, A Ranking of the Most Successful Women Entrepreneurs in the Country"!

The 20-year-old, who launched her own cosmetic line, Kylie Cosmetics, less than three years ago, has already accumulated more than $900 million. In comparison, Kim Kardashian West is estimated to be worth around $350 million.

Being part of a family consisting of such powerful, influential women wasn't the easiest thing for Kylie when it comes to finding her passion. The Kylie Cosmetics Instagram touts some 16 million followers while Kylie Jenner's personal page, which she regularly endorses her makeup on, has roughly 110 million followers.

"No other influencer has ever gotten to the volume or had the rabid fans and consistency that Kylie has had for the last two and a half years", Shopify Plus' Loren Padelford explained.

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"Social media is an wonderful platform", Kylie Jenner told Forbes in an interview released Wednesday. Kris, however, said selling out is "always something that we're willing to explore". "It could easily be an instant game-changing acquisition for any company on the hunt for a winning brand with a younger customer", senior VP or merchandising at Ulta Tara Simon said. The company is valued at almost $800 million and has sold more than $630 million worth of makeup since launching less than three years ago; Jenner also earned $100 million from the Kim Kardashian-led reality TV show and social media endorsements for her 110 million followers.

"Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at almost $800 million".

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

Meanwhile, Kim, 37, has been in the reality TV business for most of Kylie's life-and she still hasn't become quite as rich! She has become so dominant on social media that when she tweeted that she had become bored with Snapchat, its parent company's stock lost 6% of its value within a day, around $1.3bn.

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