Kylie Jenner is officially the world's youngest billionaire

by Dwayne Torres March 7, 2019, 0:51
Kylie Jenner is officially the world's youngest billionaire

Forbes recently released their list of the richest people for 2019, and at just 21 years old, Kylie Jenner has made the list with an estimated net worth of a billion dollars. Wow.

She has now overtaken Facebook founder Mark Zuckerberg, who became the youngest self-made. To be self-made by Forbes' standards, someone has to build a company or establish a fortune instead of inheriting some or all of it. The company posted US$360 million of revenue previous year, a 9% increase from 2017, according to Forbes.

Of her success, she added: "I didn't expect anything". Kylie is now a mere 21 and is already a self-made billionaire.

Forbes estimated that Kylie Cosmetics raked in $360m in sales a year ago.

Jenner follows in the footsteps of some of the most famous billionaires in the world, including Mark Zuckerberg and Evan Spiegel, who passed the $1 billion benchmark before age 30.

Jenner told Forbes the milestone is a "nice pat on the back".

Ms Jenner may have used her social media status to drive her company's advertising, but many on Twitter took exception to Forbes' definition of "self-made", claiming much of her success was dependent on her family's celebrity.

Travis Scott shares a post about Kylie Jenner
Travis Scott shares a post about Kylie Jenner

"When you say self-made billionaire, I just thought she'd got it because her sister made a sex tape and that is why they all became hugely rich". even tweeted a definition of the phrase.

Soon beauty superstore Sephora began carrying her limited edition products in their stores across the world.

After the Kardashian drama surrounding Khloe, her ex Tristan Thompson and Jordyn Woods, fans were left fearing for Kylie Jenner's relationship with Travis Scott, the father of her daughter, Stormi, after rumours emerged the lip kit queen found some suspicious messages in his DMs.

In an interview with Paper magazine last month, Jenner said that her parents, Kris Jenner and Caitlyn Jenner, had instilled a strong work ethic in her since she was a child.

She credits social media - ignoring her powerfully connected lineage.

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