Kylie Jenner has built up a worldwide beauty empire within a very short time. The business magazine “Forbes” named the 21-year-old now the youngest self-made billionaire of all time.
A bit of Instagram here, a bit of Snapchat there: What may look like many outsiders at first glance after a Larifari life is tough business for Kylie Jenner (21). At the latest with the foundation of her own beauty line Kylie Cosmetics in 2015, the half-sister of Kim Kardashian (38, “Keeping Up With the Kardashians”) became a real businesswoman. And their work pays off: The business magazine “Forbes” has named the 21-year-old to the youngest self-made billionaire of all time.
More successful than Mark Zuckerberg?
On Tuesday, the US magazine published the annual list of the world’s most affluent people – Kylie Jenner is one of them. Although she “only” ranks 2nd in the ranking, she was able to set a new record thanks to her tender age. For comparison: Facebook founder Mark Zuckerberg (34) was 23 when he was added to the list of billionaires. It now ranks eighth in the “Forbes” list, with estimated assets of around $ 62 billion (around € 55 billion). Unchallenged in first place is Amazon founder Jeff Bezos (55) with an estimated wealth of more than 130 billion dollars (about 115 billion euros).
Back to Kylie Jenner. The 21-year-old owes her billions account balance above all to her globally successful cosmetics line. The value of the company Kylie Cosmetics is estimated by “Forbes” on proud 900 million dollars (about 800,000 euros). The 21-year-old alone holds all 100 percent of the shares.