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Kylie Jenner, 20 Becoming Soon The World’s Youngest Self Made Billionaire

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Kylie Jenner entirely named as Kylie Kristen Jenner who is a famous television personality, going to be the youngest self-made billionaire soon. She is a model, entrepreneur, socialite and acted in American reality television personality. Her name came in the Forbes list of America’s Richest Self-Made Women which released on Wednesday. She has a total net worth of 900$ million. Sources said that Kylie Jenner is most probably the youngest self-made billionaire in next year.

This title already achieved by two famous personalities that are Bill Gates and Mark Zuckerberg. Bill Gates is the co-founder of Microsoft and made this title in 1987 at the age of 31. The co-founder Of Facebook that is Mark Zuckerberg received this title in 2008 at the age of 23.

Kylie Jenner is only of 20 now, and she has written on her Instagram post that, “Wow. I can’t believe I’m posting my very own Forbes cover,”. She also added that “Thank you for this article and the recognition. I’m so blessed to do what I love every day. I couldn’t have dreamt this up!” Kylie Jenner once said to Complex Magazine in 2016 that, “It’s my dream to be on Forbes.

Kylie Jenner runs her own self-made company which named as Kylie Cosmetics. She is the founder and owner of this company. The net worth of her company ‘Kylie Cosmetics’ is $800 million. She has projected that the $1 billion will be earned till 2022 by the sale of her products.

Once, we get to listen that Kylie Jenner said that she will always work on this company until she’s alive and after that, she will pass on this company to her daughter. Her daughter’s name is Stormi, and she is only five months old.

Critics make a big issue on the fact that Jenner is a self-made billionaire because she was born in a family already having wealth and fame. But as an entrepreneur, Kylie Jenner is very impressive. Among the family of Jenner-Kardashian, she is the most financially successful person. Kim Kardashian West, her older half-sister, have come on the list for the very first time and her estimated net worth is $350 million.

Self-made entrepreneur Kylie Jenner not only earns money from her paid app called “Kylie Jenner Official App” but she also earns from the sale of her store called “The Kylie Shop.” With the help of her sister Kendall Jenner, she also trades in two clothing lines, i.e., “keeping up with the Kardashians” and “Life of Kylie.” She also has a partnership with big retail brands such as Puma, Topshop, and Quay Australia.

On November 30, 2015, Kylie Jenner launched a beauty brand, and she introduced Kylie lip kit, a liquid lipstick with a matching lip pencil. All these products sold within a few minutes. Within 18 months from the launch of the brand, the company had earned $420 million from their sales. Her 2016 holiday collection was the most successful launch, and her company made approximately $19 million in just one day. If we compare her earnings with Kardashian West’s, it is a lot more from the Kardashian. Kim Kardashian West launched the first product of her new makeup brand KKW beauty. The company earned nearly $14.4 million from their sales. Till now this company had made $100 million from sales.

Once Kylie Jenner went to an event, and there she said that she doesn’t worry about her competition with Kim Kardashian West and Jenner told that she initially collaborated with her for Kylie Cosmetics. Kylie Jenner also said that “She’s, like, almost 20 years older than me. I feel like my makeup is more young, fun. And it’s just different.”

Jenner told about her passion in the makeup, and she said that she gets obsessed with makeup by watching videos on YouTube. She said, “I turned to makeup to help me feel more confident.” In the age of 17, Kylie introduced her first lip kit which named as “Kylie Lip Kit.” When the products released in the market, Kylie’s mother and her manager asked for a partnership with her manufacturer, i.e., Seed Beauty.

Whenever Kylie make products for the new launch, always get sold out. Kylie’s products demands were increasing day by day, and the manufacturer also said that they are working in a factory for 24*7 so that they can meet peoples needs.

 

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