Kylie Jenner Will Soon Be the Youngest Self-Made Billionaire Ever

Kylie Jenner poised to become youngest billionaire ever

Kylie Jenner set to become the youngest self-made billionaire on Forbes list

Forbes released its fourth annual list of the richest self-made women in the USA on Thursday, singling out Kylie Jenner for recognition on the magazine's cover.

And let's not sleep on this, her momager Kris Jenner no doubt is set for a hefty chunk of the change.

One person wrote, "To call Kylie Jenner a self-made billionaire is like saying you made soup from scratch because you opened a can of it and put it in the microwave".

Since then, Kylie Cosmetics has sold more than $630 million worth of makeup, generating an estimated $230 million in net profit. Her famous sister Kim Kardashian West is only worth $350 million by comparison. I have such easy access to my fans and my customers'.

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The mag values her Kylie Cosmetics makeup company - of which she owns 100% of - at almost $800 million.

"Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23", Robehmed reports.

"Before I even refreshed the page, everything was sold out", Jenner said.

"Even using a conservative multiple, and applying our standard 20 percent discount, Forbes values her company, which has since added other cosmetics like eyeshadow and concealer, at almost $800 million".

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While makeup and more specifically lip kits were a natural fit for Jenner ― she recently made headlines for ditching her signature lip fillers ― she says she "struggled for a minute" to identify her passion in a family where each member is successful in their own way. Jenner owns 100 per cent of it.

As Radar readers know, Kim and Kylie have been involved in a battle of the influencers ever since Kylie's lip injections and makeup line launched her massive career.

Jenner told Forbes that she invested $250,000 of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line.

Granted, being born into a rich family must have given her a pretty good head start, but her hard work and business mind can't go unnoticed.

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"Maybe one day [I'll] pass this on to Stormi, if she's into it", she said.

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