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

Courtesy Of Forbes View View 25

The 20-year-old Kylie, who is the youngest of the Kardashian-Jenner sisters, is worth $900m and is tipped by Forbes to become the youngest billionaire in the world.

The company's own social pages have over 16 million followers directly on Instagram, and 25.6 million on Twitter, plus her sisters and and friends also regularly promote the brand on social media.

It's hard to conceptualize Jenner's exponential wealth, but Forbes highlights its direct connection to her social media success. She told Forbes that social is "an awesome platform" because she has "such easy access to my fans and my customers".

It's Kylie Jenner's first time on the list, and she's already at No. 27. "It could easily be an instant game-changing acquisition for any company on the hunt for a winning brand with a younger customer", senior VP or merchandising at Ulta Tara Simon said.

A comparatively small part of Jenner's fortune, around $100m, comes from endorsement deals with Puma, PacSun clothing, diet teas and other slimming products as well as her appearances on two reality shows: Keeping Up with the Kardashians and her spin-off series Life of Kylie.

Cape Town - Think about what you've been doing for the past three years, while you've been doing that, Kylie Jenner has been making millions of dollars.

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"Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23", Robehmed reported.

"I struggled for a minute with finding something to do on my own", Kylie said.

"Ever since I was in sixth grade, I would wear purple eye shadow", she remembers.

In a video interview with the same magazine, Kylie says she was inspired to create these lips kits due to her own insecurity about her own lips.

Jenner told Forbes that she invested $250,000 of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line.

Reflecting on the future, Jenner said she plans on working on Kyle Cosmetics "forever" noting that maybe one day she'll "pass this on to" daughter Stormi "if she's into it".

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