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Kylie Jenner Could Become Youngest Self-Made Billionaire
Posted
July 12, 2018
Views
2,063
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23
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1.36%
July 12, 2018
2,063
23
5
1.36%
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Kylie Jenner, 20, is the youngest person on the Forbes list of America’s Richest Self-Made Women, released Wednesday, with an estimated net worth of $900 million. Over the next year, Jenner is expected to become the youngest self-made billionaire ever. That's a title previously held by Microsoft co-founder Bill Gates in 1987 at age 31 and by Facebook co-founder Mark Zuckerberg in 2008 at age 23.
"Wow. I can't believe I'm posting my very own Forbes cover," Jenner writes in an Instagram post. "Thank you for this article and the recognition. I'm so blessed to do what I love every day. I couldn't have dreamt this up!" (She did, however, tell Complex Magazine in 2016, "It's my dream to be on Forbes.")
Her latest boost in wealth comes primarily from Kylie Cosmetics, her makeup company, valued at nearly $800 million. Kylie Cosmetics is projected to rake in $1 billion in lifetime sales by 2022, WWD reports. Jenner says that she plans to work on the company "forever" and then pass it down to her daughter, Stormi, who's currently five months old.
Some critics on social media have taken issue with the description of Jenner as self-made because she was born into wealth and fame. (Details about Forbes' methodology and criteria can be found here.) Either way, Jenner's entrepreneurial efforts are impressive. She's the most financially successful member of the Jenner-Kardashian family: Her older half-sister Kim Kardashian West, who just made the list for the first time, has an estimated net worth of $350 million.
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