Kylie Jenner Is About To Become The Youngest Self-Made Billionaire

Kylie Jenner Is About To Become The Youngest Self-Made Billionaire

Kylie Cosmetics has sold $630 million worth of make up since its inception and Kylie own 100% of Kylie Cosmetics. Forbes reports that it's likely that she'll pass the billion dollar mark sometime this year, which means she'll take the title of youngest ever self-made billionaire from Mark Zuckerberg. Although a ton of that dough is from her cosmetic ventures, she also has endorsement deals from Puma a fashion line with sister Kendal, been a regular on keeping up with the Kardashians for 13 seasons and just debuted her own reality show, life of Kylie. In comparison, Kim Kardashian West is estimated to be worth around $350 million.

In an interview with Forbes, Jenner credited social media for helping drive her success. "I don't want to do it with anyone else, '" Jenner said.

"Social media is an awesome platform; I have such easy access to my fans and my customers". It's her hope that her mini me will some day take over her beauty business.

Jenner, who's on the cover of Forbes' August 2018 "America's Women Billionaires" issue, is worth roughly $US900 million, according to the magazine.

As Radar readers know, Kim and Kylie have been involved in a battle of the influencers ever since Kylie's lip injections and makeup line launched her massive career. She has more than 110 million followers on Instagram and millions more on Snapchat, and the audience is made up mainly of young women and girls-her company's core customer base.

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"Thank you @Forbes for this article and the recognition", added Kylie. "I'm so blessed to do what i love everyday. i couldn't have dreamt this up!"

As Forbes notes, Jenner's success may be fleeting; Kylie Cosmetics's revenue growth reportedly slowed previous year.

Earlier this week Jenner, a mother of one daughter named Stormi, announced she would stop receiving lip injections, known as dermal fillers.

They are only available online via her website but luckily Kylie has a UK Kylie Cosmetics website set up which converts her product prices to pounds, rather than dollars, on checkout.

That's when the makeup-obsessed teen made a decision to launch her own company.

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