Talk about the power of women… Kylie Jenner was just named the youngest ever self-made billionaire by Forbes. According to Forbes’ estimates, Jenner’s company is worth at least $900 million.
The billionaire beat previous record holder, Mark Zuckerberg, who was given that title when he was 23.
Not only is she the youngest billionaire today, Jenner is also the youngest self-made billionaire. Coming in at number 2,057 on a list of 2,153 billionaires, Jenner’s wildly successful Kylie Cosmetics, founded in 2015, accounts for much of her success and has led to her being worth almost exactly $1 billion.
Forbes reports that she may not be a titan in the business world as she has fewer than 15 employees and outsources her manufacturing, packaging, sales and fulfillment; but she is a titan of social media.
Jenner has also launched collaborations with Khloe Kardashian and Kim Kardashian West, whose net worth is $350 million. Last year Kylie Cosmetics brought in an estimated $360 million according to Forbes. The company is valued at approximately $900 million, and Jenner owns it all.
Although everyone is now arguing that she doesn’t deserve to be labelled as ‘self-made’ saying that she is born into a rich family and that a self-made is when you work yourself up from scratch. But there is no denying that she is t be admired.