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.
"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.