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

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

Kylie Jenner is ready to talk business in Forbes‘ Self-Made Women issue, available now.

The 20-year-old makeup mogul and reality star is on track to become the youngest-ever self-made billionaire, a title once held by Bill Gates and Mark Zuckerberg.

According to the mag, Kylie is worth $900 million – also making her the youngest person on their annual ranking of America’s Richest Self-Made Women.

Kylie‘s company Kylie Cosmetics is worth nearly $800 million and she owns 100% of the company.

Before the company started three years ago, Kylie used some $250,000 of her earnings from modeling gigs to pay an outside company to produce the first 15,000 lip kits but quickly realized she wanted to do it on her own.

“I said, ‘I’m ready to put up my own money. I don’t want to do it with anyone else,’” Kylie told Forbes.

Since then, Kylie Cosmetics has sold more than $630 million worth of makeup, generating an estimated $230 million in net profit.

For more from Kylie, visit Forbes.com.

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Posted to: Kylie Jenner, Magazine

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