WASHINGTON – Reality television star and entrepreneur Kylie Jenner ispoised to become the youngest self-made billionaire according to Forbeslink>.
The youngest member of the Kardashian-Jenner claim who is the cover girl ofForbes’ August 2018 “America’s Women Billionaires” issue, released onlineon Tuesday, is worth roughly $900 million, according to the magazine.
The 20-year-old who launched Kylie Cosmetics in 2016, leaves sisterKimKardashian West behind who is roughlyworth $350 million.
“I struggled for a minute with finding something to do on my own,” Jennersaid leading the then-teenagerto launch her own company.
According to Forbes, Jenner’s cosmetic company values at $800 million, withan estimated $330 million in sales in 2017. Jenner is both the face of thecompany and the sole owner.
“I said, ‘I’m ready to put up my own money. I don’t want to do it withanyone else,'” Jenner said, adding that she used $250,000 of her savingsfrom past modeling gigs to make her first 15,000 lip kits.
The internet star used her loyal social media accounts and loyal followingto tease the kits which sold out in less than one minute in 2015.
“Before I even refreshed the page, everything was sold out,” Jennerrecalled.
The Snapchat and Instagram star has over 110 million followers onphoto-sharingsite Instagram and millions more on Snapchat; many of who lookup to Jenner.
From television earningsto product endorsements, the young mom could becomethe youngest billionaire ever — male or female surpassing Facebook’s CEOMark Zuckerberg who became a billionaire at the age 23.