Lip gloss boss: Kylie Jenner to be youngest self-made billionaire

Kylie Jenner poised to become youngest billionaire ever

Kylie Jenner poised to become youngest billionaire ever

Model Kylie Jenner is the cover star and youngest woman on this year's Forbes magazine 60 richest self-made women in America.

Kylie's company Kylie Cosmetics is worth almost $800 million and she owns 100% of the company. Forbes estimates that within the next year, Jenner will be the youngest self-made billionaire ever, male or female, trumping Facebook founder Mark Zuckerberg, who became a billionaire at age 23.

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. Kim Kardashian also made this list at number 54, with an estimated net worth of $350 million.

Former Keeping Up with the Kardashians star Kylie Jenner is worth $900m (£680m) at just 20 years of age, says Forbes. She told Forbes that social is "an fantastic platform" because she has "such easy access to my fans and my customers".

"Social media is an fantastic platform; I have such easy access to my fans and my customers". But a month shy of her 21st birthday, Jenner has parlayed Kardashian West's fame-and infamy-into a thriving business and a net worth of almost three times that of her sister's.

Makeup mogul and former human Lip Filler Kylie Jenner is on the cover of the latest issue of Forbes magazine, being heralded as a self-made billionaire.

Kylie Jenner the youngest of the Kardashian clan has made an insane amount of money with her cosmetics line.

The app offers "an exclusive mix of free and premium paid content from Kylie's world, bringing you closer to her than ever before", according to its description.

"Thank you @Forbes for this article and the recognition", added Kylie. "I've learned so much along the way and I hope to inspire others to follow their dreams".

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

Last month, ET caught up with Kim at the launch of her KKW Beauty and Fragrance pop-up shop in Los Angeles, where she revealed how her and husband Kanye West's eldest daughter, 5-year-old North, is already making her own beauty decisions.

As Forbes notes, Jenner's success may be fleeting; Kylie Cosmetics's revenue growth reportedly slowed past year.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.