Forbes says Kylie Jenner, 20, is about to make history as youngest self-made billionaire. Here’s how she did it
The young model and reality TV star is already worth US$900 million and is poised to pass the billion-dollar mark within a year
Reality TV star and model Kylie Jenner is on track to become the youngest self-made billionaire thanks to the booming cosmetics company she launched two years ago, Forbes magazine reported on Wednesday.
Jenner, 20, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in 2016 with US$29 lip kits containing matching lipstick and lip liner, and has since sold more than US$630 million worth of make-up.
Forbes said it valued her company at nearly US$800 million and that Jenner owns 100 per cent of it.
Adding millions from TV programmes, endorsements and after-tax dividends from her company, Forbes said Jenner was “conservatively” worth US$900 million. Another year of growth would make her the youngest-self made billionaire ever, male or female, the magazine said.
