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