Monday, 19 November, 2018

Kylie Jenner named in Forbes list of self-made rich women

Kylie Jenner named in Forbes list of self-made rich women Kylie Jenner named in Forbes list of self-made rich women
Michele Schwartz | 13 July, 2018, 02:59

The Keeping Up With The Kardashians star - who is set to become the youngest ever billionaire as a result of her lipkit range - has had her fillers taken out.

Another Twitter user said "calling Kylie Jenner a "self-made billionaire" is like claiming you made soup from scratch because you opened a can and reheated it". Half-sister of Kim Kardashian West, who is also on the list for the first time, Jenner has leveraged her massive social media following (110 million followers on Instagram) to build a United States dollars 900 million cosmetics empire Kylie Cosmetics in less than three years.

She went on to explain, "I had an insecurity with my lips when I was younger so I turned to makeup to help me feel more confident". With momager Kris Jenner's guidance, she started making seven figures as a model and got a few endorsement deals. The youngest of the KarJenners, she said she felt out of place trying to carve her own niche away from the show. Her beauty line Kylie Cosmetics has earned over $900 million since it launched three years ago.

Just so you know, Kylie is only 20 years old and she shared her excitement on Instagram.

In an interview with Forbes, Kylie credited social media for helping drive her success.

Meanwhile, Kim, 37, has been in the reality TV business for most of Kylie's life-and she still hasn't become quite as rich! Jenner owns 100% of it.

"Maybe one day [I'll] pass this on to Stormi, if she's into it", she said.

Kylie also posted the Forbes cover photo on Instagram and wrote, "wow. i can't believe I'm posting my very own @forbes cover. thank you for this article and the recognition". Fast forward to a year or so later, and Kylie Cosmetics had raked in $430 million in just 19 months.

Little was known about Kim at the time, let alone her family, with the exception of her gold-medal winning stepmother Caitlyn Jenner.

Forbes said it valued the 20-year-old's company at almost $US800 million and that Jenner owns 100% of it. I'm so blessed to do what I love everyday.

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