Kylie Jenner on Forbes cover for richest self-made women
- Author: Jacqueline Ellis Jul 12, 2018,
Jul 12, 2018, 4:41
Kylie Jenner has become the youngest person on the fourth annual ranking of America's Richest Self-Made Women by Forbes.
Coming in at number 27, with an estimated net worth of $900 million, the 20-year-old is the sole owner of her cosmetics line, Kylie Cosmetics, with virtually no partners or capital. Since adding other cosmetics like eye shadow and concealer, Forbes values her company at almost $800 million.
"At 21, she's set to be the youngest-ever self-made billionaire".
Jenner first grabbed the spotlight as part of the "Keeping Up with the Kardashians" reality TV show with her mother and siblings. The magazine estimates Jenner's net worth to be roughly $900 million, making her the 27th-richest self-made woman in the United States.
"Social media is an wonderful platform", says Kylie, who ranks No. 27 on the list. "I have such easy access to my fans and my customers". Kylie has followed the Kardashian business model of leveraging her assets for fame and money. I do feel like people don't take me seriously as a businesswoman because of my age and my reputation.
Forbes Magazine has unveiled the cover of their 2018 August issue about "America's Women Billionaires", with makeup mogul Kylie Jenner gracing the front page.
"What her half-sister Kim Kardashian West did for booty, Jenner has done for full lips", Forbes writes, describing her famous pouty lips. But, we're sure she'll find a way to make an even stronger comeback.
"Thank you @Forbes for this article and the recognition".
"I said, 'I'm ready to put up my own money". At only 20 years old the reality star has built a makeup empire and is on her way to becoming a billionaire. While she became an Instagram sensation for over-lining her lips, opportunity really struck when she admitted to getting lip fillers in 2015.
Kylie's make up brand kicked off when she introduced her $29 lip kits that included a lip liner and a lip colour. She takes to Instagram and Snapchat almost hourly posting pouting selfies about which shade of Kylie Cosmetics she's wearing, posts videos of upcoming products, and announces new launches.