Kylie Jenner on her way to become world's youngest billionaire
 

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Kylie Jenner is not only the youngest member of the Kardashian-Jenner clan, she's also on her way to becoming the youngest self-made billionaire.

The 20-year-old graces the cover of Forbes' August issue and the magazine estimates her current wealth at a whopping $900 million.

Her famous sister Kim Kardashian West is only worth $350 million by comparison.

According to the magazine, the new mom will reach billionaire status by next year making her the youngest billionaire ever -- male or female. The current title holder is Facebook CEO Mark Zuckerberg who became a billionaire at age 23.

How did Jenner make her fortune?
"Social media is an amazing platform," Jenner told Forbes. "I have such easy access to my fans and my customers."

In addition to bringing in millions from her families' reality shows and many more millions from product endorsement deals, Forbes estimates her booming makeup company, Kylie Cosmetics, is worth nearly $800 million. Jenner is the sole owner.

"I struggled for a minute with finding something to do on my own," Jenner explained.

That's when the makeup-obsessed teen decided to launch her own company.

"I said, 'I'm ready to put up my own money. I don't want to do it with anyone else,'" Jenner said, adding that she used $250,000 of her savings from past modeling gigs to make her first 15,000 lip kits.

She used her social media accounts and loyal following to tease the kits which sold out in less than one minute in 2015.

"Before I even refreshed the page, everything was sold out," Jenner recalled.
Reflecting on the future, Jenner said she plans on working on Kyle Cosmetics "forever" noting that maybe one day she'll "pass this on to" daughter Stormi "if she's into it."

http://www.foxnews.com/entertainment...aire-ever.html

how lucky she is to have been born into that family

:facepalm: forbes calls her a self made billionaire, but it isn't very ''self made'' when she's born into a family with money :suspect:

legend!

WTF? How did she make that much Money?

god they’re annoying

when will I

And to think all of this Started with that 'Leaked' Tape. Smh

Selling herself for endless TV
and selling products.

I think we're ready for another flood, big guy

kim hew

tbf Kylies probably the least problematic or annoying in the family

Kims old news, Khloes a twat, Kourtneys boring, Kendalls irrelevant, Kris is a mess, Caitlyn is problematic

at least Kylies actually got a proper business and making decent money, unlike Kim who has a dying marriage and has to stay in the news by posting naked pics

and now the first billionaire of the kardashian-jenner family :clap1:

Good luck to her.
Hopefully she uses a lot of it for charitable causes.

I call BS

You don't get that rich without being as tight as a crabs arse.

yes and otherwise she's just greedy lmao

for reference purposes, how tight is a crabs arse? :laugh:

"self-made"

of course she is...

it's not that hard when you're born into money and enough resources

self made my ass

true, ok so not self made, but still congrats to her being the richest of the kardashian-jenner family, after all i find her the most likeable

Or without some sort of scam. In this case, she sells crappy makeup at HUGE profit margin to legions of social media acolytes.I'm afraid it's true LT her "lip kits" are insanely popular and, as mentioned, only because of her profile and not because they're actually all that good. Basically she's selling generic trash with her name on it for an absolute fortune, thanks to Instagram and Twitter. Her company is fast approaching a valuation of 0.5 billion with 1 billion predicted by 2022 and she's currently the sole owner...

... However, if its 2022 before she hits a billion she won't be the youngest, as she'll be 24, so Zuckerberg will still hold the record :think: (billionaire at 23). This article seems to be based on the bizarre idea that 20-year-old Kylie Jenner will still be 20 in 4 years time. Baffled.

uh no TS, they think she hits the 1 billion mark when she turns 21

Tea

:laugh: So true, Montblanc. I have a life-long friend who became a self-made millionaire in his late twenties and all he had as a start in life was a dad who was already a multi-millionaire.

But my boy STILL insists that he 'did it all on his own' :laugh:

to be fair, Kylie did earn all of that money through her own company herself


while Rob Kardashian for example still only has 10 million :joker: :joker: and i doubt he made that much money himself

you don't get to be a billionaire without being a smart, ruthless cookie. In her position, there will have been countless vultures around her all waiting to pounce and relieve her of her money.

So some respect is due to her for being ruthless and single minded, but it doesn't mean anything other than that.

or her choice of being the sole owner to her company, so all the money goes to her


which is also very smart of Kylie

Is she an amazing business woman? Or are the reality-star-struck social media generation buying her crap like sheep simply because is has her name on it? You deserve the heroes you have.

After looking into how much each Kardashian is actually worth, the self made tag kind of makes sense although it's not entirely applicable. She had opportunities given to her through her family ties sure but she is miles ahead of everyone else in her family in terms of money because she took those opportunities and made the most of them. Kim in comparison is worth £300million and she's the reason why they're all famous.

I think most businesspeople will say that if she can sell that much crap without the other shoe dropping then she must be doing something right.

maybe true, but i guess Kylie is more likeable, which also shows in the huge amount of profit in her company Kylie Cosmetics


and you're right, the self made tag is a bit of a questionable matter, but self made or not self made, she still is going to become a billionaire

comparison, Trump is a self made billionaire ok, but here's some facts

Trump got 1 million from his father which he invested in his company which he turned into a billion dollar successful company


Kylie only invested 250.000 dollars of her own money into her cosmetics company and made 900 million dollars profit, and as forbes are saying when she turns 21 she's very likely to be a billionaire


just saying, if Kylie isn't a self made billionaire, than Trump also isn't a self made billionaire

update

it was reported that Kylie can earn $1 million for just one social media post

:eek:

a very heated debate everywhere about her regarding if she is ''self made'' or not


well i actually don't care too much about that tiny detail, what matters more is that she is at the top, with her own company at just 20 years, and likely becomes a billionaire next year when she's 21

And it benefits you, how?

Wow, I've read some absolute rubbish but THIS! :laugh2:

ok

show evidence or resign the whole thread to a fake news JOKE

it doesn't, but i just find her then a ''self made'' near billionaire, because it is her company, she only invested a small amount of money 250k and made lots and lots of profit herself, not her family name linked to it, but her own name

i get the moaning because of her privileged background and all that, but what was she then supposed to do, let go of her dreams just because of that NO

this was her dream job, to have her own cosmetics company and i agree with Kylie tbh, it is beyond your wildest dreams that you are becoming a billionaire with it at such a young age

:oh: