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Tribune News Service

Most college-aged kids get by with minimum wage paycheques, but 21-year-old Kylie Jenner was just named the youngest self-made billionaire.
Forbes announced on Tuesday that Jenner had surpassed Facebook co-founder and CEO Mark Zuckerberg, who was 23 when he reached the billion-dollar mark.

“I didn’t expect anything. I did not foresee the future,” Jenner told Forbes. “But [the recognition] feels really good. That’s a nice pat on the back.“
Jenner, the youngest member of the Kardashian-Jenner clan, began Kylie Cosmetics in 2015. Forbes estimates that the make-up company alone is worth more than US$900 million and credits its success in part to its simplicity: Kylie Cosmetics employs just seven full-time and five part-time workers, the outlet reports.
Bezos, Gates and Buffett still top Forbes list of world’s super rich
“I see [Kylie Cosmetics] going very far,” Jenner said. “I work really hard.”
And with more than 128 million Instagram followers, Jenner is able to advertise to a loyal fan base.

“It’s the power of social media,” she added. “I had such a strong reach before I was able to start anything.”
Oyster sauce dynasty shakes up Forbes rich list as tycoons’ fortunes fall
Jenner’s 38-year-old half-sister, Kim Kardashian West, was worth roughly US$350 million last July, Forbes estimated in comparison.
Self-made means having succeeded in life unaided. Used in a sentence: Forbes says that Kylie Jenner is a self-made woman.
Dictionary.com
When the magazine first reported last summer that Jenner was on track to take over the title, she was met with debate from critics who argued over whether her success was “self-made” or merely a by-product of being born into an already famous and wealthy family.
“Building something successful is remarkable even for someone with incredible resources at the outset,” wrote Carli Dimino in a letter to the editor. “Not every idea is a success, no matter how many flashy consultants or marketing plans you have to put behind it. In fact, most ideas are trash. Jenner has taken the (admittedly enormous) resources at her disposal, leveraged her social media following, and sold the bejeezus out of legitimately great products that she believes in.”
Move over Kylie Jenner, China’s not short of young billionaires
“Self-made means having succeeded in life unaided,” tweeted the official Dictionary.com account. “Used in a sentence: Forbes says that Kylie Jenner is a self-made woman.”


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Fame and celebrity

Forbes names Kylie Jenner the youngest ‘self-made’ billionaire at age 21, beating Mark Zuckerberg by two years

Kylie Jenner has surpassed Facebook co-founder and CEO Mark Zuckerberg as the world’s youngest self-made billionaire, according to Forbes. Photo: Reuters

TV personality Kylie Jenner and Travis Scott arrive for the 61st Annual Grammy Awards on February 10, 2019, in Los Angeles. (Photo by VALERIE MACON / AFP)

Jeff Bezos, Bill Gates and Warren Buffett – no change at top of Forbes world rich list

(FILES) In this file photo taken on May 18, 2005 fashion designer Karl Lagerfeld (L) and French luxury goods group LVMH chief executive Bernard Arnault pose inside the new Palazzo Fendi in central Rome. - German fashion designer Karl Lagerfeld has died at the age of 85, it was announced on February 19, 2019. (Photo by Filippo MONTEFORTE / AFP)

Facebook CEO Mark Zuckerberg appears for a hearing at the Hart Senate Office Building in April 2018. (Photo by Matt McClain/The Washington Post)

(FILES) In this file photo taken on November 25, Warren Buffett, Chairman and CEO of Berkshire Hathaway and Co-Chairman of Goldman Sachs 10,000 Small Businesses Program, attends a press conference in Detroit, Michigan. - Buffett has yet to name a successor and at age 88 still dreams of making an "elephant-sized" acquisition, he said in his annual letter to shareholders. The letter to shareholders of Buffet's holding company, Berkshire Hathaway, is a must-read on Wall Street, distilling the "Oracle of Omaha's" views on the state of the economy and the wisdom of investing in this or that investment product. (Photo by BILL PUGLIANO / GETTY IMAGES NORTH AMERICA / AFP)

Number two: Microsoft founder Bill Gates speaks during the 32nd African Union summit in Addis Ababa on February 10, 2019. Photo: AFP

Lee Kum Kee oyster sauce dynasty flies up Forbes Hong Kong rich list but can’t touch Li Ka-shing’s fortune

(left to right): Pollyanna Chu Yuet-wah, Chief Executive Officer and Executive Director of Kingston Financial Group Limited; and her husband Nicholas Chu Yuk-yui, Chairman and Executive Director of Kingston Financial Group Limited, speak to the media during the Kingston Financial Group 25th anniversary, at the Hong Kong Convention and Exhibition Centre in Wan Chai. 07JUN18 SCMP / Xiaomei Chen

The Lee family’s wealth gained US$8.6 billion to reach US$17.1 billion, lifting them out of 11th place a year ago. Chairman Lee Man-tat is pictured centre. Photo: Chen Xiaomei

As Kylie Jenner makes Forbes’ super rich list, five young Chinese billionaires already on Forbes’ China Rich List

Kylie Jenner has made the Forbes list of America’s Richest Self-Made Women. Photo: Reuters

(170904) -- XIAMEN, Sept. 4, 2017 (Xinhua) -- Cheng Wei, founder and CEO of China's car-hailing company Didi Chuxing, speaks at a panel discussion on connectivity during the BRICS Business Forum in Xiamen, southeast China's Fujian Province, Sept. 4, 2017. (Xinhua/Li Xin) (zhs)

Qudian Inc. CEO Min Luo, left, and CFO Carl Yeung celebrate with a ceremonial bell ringing as their company's IPO starts trading, on the floor of the New York Stock Exchange, Wednesday, Oct. 18, 2017. (AP Photo/Richard Drew)

Country Garden Holdings vice-chairman Yang Huiyan is worth US$24 billion. Photo: Forbes

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Some critics question whether Kylie Jenner, whose make-up company alone is worth over US$900 million, is truly self-made


Some critics question whether youngest member of the Kardashian-Jenner clan, whose make-up company alone is worth over US$900 million, is truly self-made.


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Forbes names Kylie Jenner the youngest ‘self-made’ billionaire at age 21, beating Mark Zuckerberg by two years

.css-1mniedq{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;}Some critics question whether Kylie Jenner, whose make-up company alone is worth over US$900 million, is truly self-made

Some critics question whether Kylie Jenner, whose make-up company alone is worth over US$900 million, is truly self-made