Money & Power

Is Kylie Jenner Really on Track to Be America's Youngest-Ever Self-Made Billionaire?

Forbes says she's not far away from the milestone.
IMAGE GETTY IMAGES/ MICHAEL STEWART
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The current cover of Forbes features 20-year-old Kylie Jenner, a reality star and founder of the makeup company Kylie Cosmetics. The cover line says she is "set to be the youngest-ever self-made billionaire."



How, exactly, does the publication figure that?

Jenner, the youngest daughter of Caitlyn Jenner and Kris Jenner and a star of Keeping Up With the Kardashians, launched her cosmetics brand two years ago and "has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017," Forbes reports. The publication estimates that the company is worth nearly $800 million, and Jenner owns 100 percent of it.

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She's reportedly earned additional millions through her television appearances and by endorsing products including Puma Shows and PacSun clothing, and Forbes estimates she's taken $60 million in after-tax dividends from her company. In all, that puts her net worth at an estimated $900 million. (Her older half-sister Kim Kardashian West is worth $350 million, according to Forbes.)

For that reason, the magazine says that "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."

Many took issue with the "self-made" description, noting that Jenner comes from a family of significant means that helped her become a celebrity in her own right even before her teenage years. ("We consider any person who built her own fortune, and didn’t inherit the money, to be self-made," Forbes noted.)


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Kris Jenner, Kendall Jenner, Kylie Jenner, and Kim Kardashian-West attend a dinner in New York on May 8.

So even if Jenner (who gave birth to a daughter named Stormi with rapper Travis Scott in February) isn't quite a billionaire yet, it might not be long before she surpasses the $1 billion mark.

*This story originally appeared on Townandcountrymag.com
*Minor edits have been made by the Townandcountry.ph editors

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