Kylie Jenner to be youngest self-made billionaire

Kylie Jenner's Favourite Show To Binge Watch Has Has A Major Connection To Canada featured image

Kylie Jenner to be youngest self-made billionaire

Since then, Kylie Cosmetics has sold more than $630 million worth of makeup, generating an estimated $230 million in net profit.

Forbes values her company - of which she owns 100% - at almost $800 million.

Forbes said it valued her company at almost $800 million and that Jenner owns 100 per cent of it. Within the next year, she's set to become the youngest self-made billionaire ever, besting Facebook founder Mark Zuckerberg and Snapchat king Evan Spiegel.

Jenner first rose to fame at the age of 10 when she appeared with her family on their eponymous reality show. Now worth $900 million (knocking big sis Kim Kardashian off the top slot with an estimated $350 million), she is on track to hit the billion-dollar mark within the next year.

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"Social media is an wonderful platform", Jenner told Forbes about her brand strategy.

"Social media is an unbelievable platform", says Kylie, who ranks No. 27 on the list. "It could easily be an instant game-changing acquisition for any company on the hunt for a winning brand with a younger customer", senior VP or merchandising at Ulta Tara Simon said. Her mother had the foresight to grow it into a full makeup line and ongoing business.

The youngest of the Kardashian-Jenner clan is used to copping criticism over her clothing or looks but this time it's a Forbes magazine cover that has everyone talking.

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

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Jenner, who is now not old enough even to legally drink alcohol in the USA, will turn 21 in August before her Forbes cover edition hits newsstands. "Thank you for this article and the recognition". While it seems like Kylie has a lot on her plate it definitely gives us a billion more reasons to be keeping up with Kylie Jenna. I'm so blessed to do what I love every day. I couldn't have dreamt this up!

Jenner said she hopes to pass her business down to her daughter, Stormi: "If she's into it", she said.

She won't turn 21 until August but she already runs one of the hottest makeup companies ever, as well as being a new mum.

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