How do Kylie Jenner and the world’s 4 other youngest billionaires spend their money?
They travel the world first class, own luxury cars and mansions, prefer wearing haute couture from luxury designers such as Louis Vuitton and Louboutin, but what else do they do?
For many people in their twenties across the world, life is a constant balancing act of paying off student debt and finding the funds to be independent while still having fun. That's not the case for Kylie Jenner and other members of the world's youngest ultrawealthy elite.
Here we zero in on the lives of the world's five youngest billionaires, as determined by Forbes' 2020 Billionaires List – all 28 years old and under – to see how they spend their days and their practically unlimited funds.
From zooming Ferraris to international dressage competitions, scroll down to meet the world's five youngest billionaires (presented by age in ascending order) and see how they spend their fortunes.
Kylie Jenner
At 22, Kylie Jenner is the youngest billionaire in the world. She has a net worth of US$1 billion thanks, largely, to the success of her make-up company, Kylie Cosmetics. The company was valued at US$1.2 billion in November after Jenner sold a majority stake in her make-up brand to CoverGirl's parent company Coty for US$600 million.
She shares her life with her 170 million Instagram followers and reportedly charges US$1 million per sponsored post. Jenner rose to fame on her family's reality-TV show, Keeping Up with the Kardashians. She was nice years old when the first episode was filmed. Jenner launched her first make-up product, the Kylie Lip Kit, in 2015.
Jenner owns multiple luxury cars, which are most likely worth millions collectively. Jenner stores her cars in her 1.4-acre Hidden Hills, California, compound, which she bought in 2016 for US$12 million.
Jenner shares the mansion with her two-year-old daughter, Stormi Webster.