As her sister Khloe finds herself at the heart of a Jordyn Woods-fuelled media crisis, Kylie Jenner has good reason to celebrate.
Find out why below…
FORBES has decided to name her as the youngest self-made billionaire in the world despite opposition from critics who say the star is anything but.
Fueled in part by the Ulta expansion, Kylie Cosmetics’ revenue climbed 9% last year to an estimated $360 million. With that kind of growth, and even using a conservative multiple from the booming makeup industry, Forbes estimates Jenner’s company is worth at least $900 million. She owns all of it. Add in the cash Jenner has already pulled from the profitable business, and the 21-year-old is now a billionaire, with an estimated fortune of $1 billion. She’s the youngest-ever self-made billionaire, reaching a ten-figure fortune at a younger age than even Mark Zuckerberg (who was 23 when he hit that mark).
Readers had this to say…
Not only is Kylie Jenner not a self-made billionaire, she’s not a billionaire at all.
— Daddy Shark 🦈 (@chief__steve) March 5, 2019
Kylie Jenner is not a “self made billionaire” her family was already worth millions and incredibly famous. All she did was leverage her fame, fortune, and family name. https://t.co/jTxoH0LqwE
— Robbedy (@robbedy) March 5, 2019
Kylie Jenner started with a “small loan” of tens of millions of dollars and is now a billionaire, wow she really is self made.
— LJ (@leojmujica) March 5, 2019
Just sharing the dictionary's definition: 'Self-made is used to describe people who have become successful and rich through their own efforts, especially if they started life without money': eg. Not Kylie Jenner.
— Carina Maggar (@carinamaggar) March 5, 2019
Haven't we gone over this?
— Dictionary.com (@Dictionarycom) March 5, 2019
— Alex Beaton (@apbeaton) March 5, 2019
Im so proud of u @KylieJenner
You were always my inspo,i always look up 2 YOU!
I fell like u deserved this place,ur so Beautiful and i fell like the love i have 4 u is really big,u might not know about my existence,but ik u,and IK that YOU are a powerfull Woman.
— Siren💧 (@Sirenthicc) March 5, 2019