Cheers Darling! Kylie Jenner Becomes The Youngest Self-Made Billionaire In History

At just 21, the lip-kit mogul has built an entire empire...and it's just getting started.

March 5, 2019

Cheers Darling!

According to Forbes, Kylie Jenner has now become the World's youngest self-made billionaire EVER. "Forbes estimates Jenner’s company is worth at least $900 million. She owns all of it. Add in the cash Jenner has already pulled from the profitable business, and the 21-year-old is now a billionaire, with an estimated fortune of $1 billion."

 

Jenner has built an empire on her lip kits, which are simply a lip liner and liquid lipstick, and has now expanded to all other kinds of makeup products like highlighters, concealers, lipsticks, and more. Every few months the mogul surprises fans with new products and Kylie Cosmetics will not be slowing down anytime soon.

Kylie stated that "it’s the power of social media...I had such a strong reach before I was able to start anything." It's important to note that countless famous people before and alongside her have not been able to achieve this success. Even her sister Kim, the one that truly kicked off this family's royalty reign, has yet to hit this milestone, so don't be quick to judge Kylie -- who is easily the best of the entire family IMO. 

RELATED: Kylie Jenner Opens Up About The "Kardashian Curse"

With the recent expansion into over 1,000 Ulta Beauty stores Kylie Cosmetics has been able to increase profits. Shannon Coyne, an equity research analyst at BMO Capital Markets, noted how "she did well online, but there’s only so far that that can take her...She probably realized: ‘If I want to get big, I’ve got to scale, and to do that, I need a partner.’ Ultimately, she wants to grow her brand, and she needs this store presence to do that.”

The best part in the article is how Kylie dismisses ideas about ever selling her company, but her mother Kris says "It’s always something that we’re willing to explore." You really got to love her!

Regardless, at 21 Kylie has been able to do what no one else has been able to and create a product that people truly love.