Kylie Jenner, 20, on her way to being the youngest self-made billionaire

Bessie Dean
July 12, 2018

Thanks mostly in part to Kylie Cosmetics, Jenner has built an empire estimated to be around $900 million. The magazine values her company at worth almost $800 million - and Jenner owns 100 percent of it.

Ultimately, her fortune success from one source: "Social media is an awesome platform", Jenner says.

The 20-year-old graces the cover of Forbes' "Richest Self-Made Women" issue and is the youngest person on the venerable finance publication's annual ranking of America's Richest Self-Made Women.

According to the Forbes article, Kylie is set to beat Mark Zuckerberg's record for being the youngest self-made billionaire, a title that he secured at age 23.

Kylie Jenner is Forbes' latest cover girl. "I have such easy access to my fans and my customers".

Jenner said she hopes to pass her business down to her daughter, Stormi: "If she's into it", she said.

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Kylie Jenner could soon become the youngest self-made billionaire and it all started with a $29 lip kit. I do feel like people don't take me seriously as a businesswoman because of my age and my reputation.

Forbes said she used US$250,000 earned from modeling to pay a company to produce the first 15,000 lip kits, which she spent months teasing on Instagram. According to a July 2018 Forbes cover story, Kylie Jenner now has a net worth of $900 million.

"Social media is an incredible platform", Jenner told Forbes.

But in a classic 21st century move she then confirmed the release date the day before it went on sale - and the kits sold out in less than a minute.

We're not the only ones who are surprised to see that Kylie Jenner is worth more than her infamous sisters including Kim Kardashian West and Khloe Kardashian. "BILLION DOLLAR BABY" followed by a million fire, wave and money face emojis. Her mother had the foresight to grow it into a full makeup line and ongoing business. She takes that money and leverages her social media following. "I'm so blessed to do what i love everyday. i couldn't have dreamt this up!"

In a 2017 episode of the E! reality show, "Life of Kylie", the makeup mogul spoke out about becoming a CEO in her teens.

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