With $900 mn in her kitty, Kylie Jenner will soon be the youngest self-made billionaire ever
Kylie Jenner features on the cover of Forbes magazine’s August issue. She is the youngest member on its list of 60 richest self-made women.Updated: Jul 12, 2018 12:36 IST
The youngest woman of the Kardashian-Jenner clan, is also its richest. Kylie Jenner, according to a report in Forbes Magazine, is the youngest member in its list of 60 richest self made women.
Kylie, who also features on the cover of Forbes’ August edition, has made about $900 million as the founder and owner of Kylie Cosmetics, her commercial deals with Puma and other brands and through the revenue that comes from being a reality TV star. All this, at the age of 20.
Kylie ranks at 27th position on the list, followed by singer Taylor Swift at 60th position at 28 years old. Kylie’s step-sister Kim Kardashian is number 57 on the list at 36 years old.
The young mommy of five-month-old of daughter Stormi, Kylie will also soon be the youngest ‘self-made’ billionaire ever (male or female) when she beats Facebook founder and CEO Mark Zuckerberg who became a billionaire at 23.
Kylie’s make up brand kicked off when she introduced her $29 lip kits that included a lip liner and a lip colour. 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 lips. Kylie Cosmetics has sold $630 million worth of make up since its inception and Kylie owns 100% of Kylie Cosmetics.
She has a handful of full-time employees, a factory in China and her marketing and finances are managed by the Kardashian matriarch, Kris Jenner. She takes a 10% cut from all he six daughters’ businesses for managing them.
Follow @htshowbiz for more
First Published: Jul 11, 2018 20:48 IST