Friday, 23 August, 2019

King Kylie! Forbes says Jenner is set to be youngest self-made billionaire

King Kylie! Forbes says Jenner is set to be youngest self-made billionaire King Kylie! Forbes says Jenner is set to be youngest self-made billionaire
Lora Ball | 12 July, 2018, 03:43

According to a July 2018 Forbes cover story, Kylie Jenner now has a net worth of $900 million. Let that sink in. What Kim Kardashian did for bodacious booties, Jenner has done for full, pouty lips.

Meanwhile, Kim, 37, has been in the reality TV business for most of Kylie's life-and she still hasn't become quite as rich! The thing is though, Kylie may be the best businesswoman in her famous family.

As people debate Forbes' decision to put Kylie Jenner on a list of "self-made" billionaires, Dictionary.com is wading into the discourse. Jenner's company is predicted to be worth more than one billion dollars by 2022.

Has Jenner built her company "unaided"?

The 20-year-old's net worth has skyrocketed thanks to the success of Kylie Cosmetics. Mark Zuckerberg, the current record holder, was worth $1bn at the age of 23.

"It's incredible to be recognized for something I'm so passionate about, and I'm really grateful for that", Jenner said, according to WWD. Kylie outsources the manufacturing, packaging, sales, and fulfillment. "Momager" Kris handles her business affairs, taking a 10 percent cut.

US tariffs take effect, China announces retaliation
Recession risks have also been rising simply because of the length of time the USA economy has experienced economic expansion. The Chinese government had not officially confirmed on Friday afternoon that the retaliatory tariffs had taken effect.

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A victory against England could set the stage for a rematch in the final as Les Blues face Belgium for the other spot in the tournament decider.

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The bench comprises Chief Justice Dipak Misra and Justices Rohinton Nariman, AM Khanwilkar, DY Chandrachud and Indu Malhotra . The Centre said it has no objection with the court dealing with the validity of this penal provision.

Jenner, who turns 21 in August, appears on the cover of the financial magazine's "America's Women Billionaires" issue. That's no surprise considering her products sell out nearly instantly at every launch.

The $532 billion beauty industry has always been driven by role models and influencers.

Jenner said she got the idea to launch her signature "lip kits" because she loved putting on lip liner as a teenager. Her media empire extended about as far as occasional appearances on Keeping Up with the Kardashians and her Tumblr account, Kalifornia Klasss, where she posted Roy Lichtenstein artworks and photos of lions. For her part, Kylie seems less keen to compare and more keen on creating more lip kits.

The exponential growth of Kylie Cosmetics, as Fast Company has previously reported, is impressive! It could be a game changing acquisition for a company.

But lucky for us thirsty fans, the pic is still live on the Kylie Cosmetics official Instagram page. Actually, she is the youngest in a long list of the richest self-made women in the world.

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