Forbes Magazine announced that reality star Kylie Jenner is the youngest self-made billionaire. The star found her own company Kylie Cosmetics which she owns for 100 percent in February 2016 which earned her 630 million dollars in two and half years time. The 20 year old has managed to leverage her social media following (110 million followers on Instagram) to build a 900 million dollar fortune.
Now, she is gracing the cover of Forbes’ “Richest Self-Made Women” issue, landing at No. 27. Amazingly, it’s the first time she’s been included in the list since it was first published in 2014. The youngest sister of the Kardashian/Jenner clan commented that social media is an amazing platform and she has such easy access to her fans and customers via Twitter and Instagram.
Kylie Cosmetics started only with lip kits but is so much more now. Ky stated wanted to do something for herself and make-up was always something she was drawn too. It made her feel more confident. The company is now worth around 800 Million Dollars. Jenner is the youngest woman to be featured. Others top earners include Oprah Winfrey, Vera Wang, Madonna, Céline Dion, Beyoncé and big sister Kim Kardashian.