Kylie Jenner set to be youngest self-made billionaire ever
Friday, 13 July 2018 Kylie Jenner of Kardashian fame is set to become the youngest self-made billionaire ever, according to Forbes magazine.
The 20-year old star of Keeping Up with the Kardashians is likely to become “the youngest-ever self-made billionaire”, Forbes writes.
Jenner, half-sister of Kim Kardashian West, has amassed a $900m (£685m) fortune in less than three years the report said.
*Read more*: Kylie Jenner's Snapchat shun shows "financial fragility" of social media
Jenner’s Kylie Cosmetics makeup company, which launched two years ago, has sold more than more than $630m of makeup since.
Forbes conservatively values the company, which Jenner is a 100 per cent owner of, at $800m.
She has also earned millions from TV shows, dividends and endorsements like Puma shoes and PacSun clothes.
Her fortune puts that of older sister Kardashian West in the shade (estimated at $350m).
However, if Jenner is to listen to US business magnate Elon Musk, the “billionaire” tag can be a heavy one to bear.
Musk, whose engineers built a mini-submarine (ultimately unused) to help in the rescue of a football team stranded in a cave in Thailand, blasted the media this week for its use of the term “billionaire”.
Musk tweeted in response to a BBC story that said that his offer to help with the Thai cave rescue was "not practical".
Caitlyn Jenner recently spoke out to talk show Loose Women about her youngest daughter Kylie Jenner having a baby at the age of 20. Although Kylie "always wanted to be mom," Caitlyn said it was "tough"..
The Kylie Cosmetics Kylie Jenner x Jordyn Woods collection is still piping hot from the beauty ovens, but that hasn't stopped our favorite young billionaire from teasing even more new products. In her..