Published: Wed, July 11, 2018
Entertaiment | By Mabel Barber

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

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

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 owns 100% of it.

"Social media is an unbelievable platform", Jenner told the outlet about her brand strategy. "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.

Being in the spotlight with her famous family at such a young age, Kylie says she was always experimenting with beauty products, and felt passionate about makeup early on.

"Ever since I was in sixth grade, I would wear purple eye shadow", Kylie recalled. "I turned to makeup to help me feel more confident".

"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.

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"I struggled for a minute with finding something to do on my own", she tells Forbes.

"Before I even refreshed the page, everything was sold out", 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.

"Maybe one day [I'll] pass this on to Stormi, if she's into it", said Kylie, who adds that she plans on working on Kylie Cosmetics "forever". "If she's into it".

On Wednesday, the sister of Kim Kardashian West made the cover of Forbes' America's Women Billionaires but she's not just making history as a woman, with another year of growth, she could be the youngest self-made billionaire ever. "I don't want to do it with anyone else", Kylie told Forbes. I'm so blessed to do what i love everyday. At the time, Kris Jenner, Kylie's mother, who rakes in 10 percent of all her children's earnings, said the company had collected $420 million in retail sales over 19 months. I am SO proud of you @kyliejenner and everything you have accomplished. "It brings me so much joy to watch you continue to make your @kyliecosmetics dreams a reality!"

In a video interview with the same magazine, Kylie says she was inspired to create these lips kits due to her own insecurity about her own lips. "That's her thing. She loves a little bit of makeup". "She loves hair looks".

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