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Entertainment Kylie Jenner Covers Forbes As The Next Youngest Self-Made Billionaire

18:55  11 july  2018
18:55  11 july  2018 Source:   huffingtonpost.com

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Kylie Jenner appearing on the cover of a magazine is hardly an event, but even we did a double take when her famous mug was plastered on Forbes ’ August issue ranking the most Within the next year, she’s set to become the youngest self - made billionaire ever, besting Facebook founder Mark

Kylie Jenner is now the youngest self - made billionaire in history, according to Forbes . It's a title that's also been held by Bill Gates and Mark As CEO, chief marketing officer and chief creative officer, Jenner owns 100 percent of Kylie Cosmetics, while Kris Jenner serves as the company's

The 20-year-old with her seemingly unstoppable makeup empire, Kylie Cosmetics, is one of seven newcomers on the list. © Forbes The 20-year-old with her seemingly unstoppable makeup empire, Kylie Cosmetics, is one of seven newcomers on the list.

Not bad for family with no talent, huh?

Kylie Jenner appearing on the cover of a magazine is hardly an event, but even we did a double take when her famous mug was plastered on Forbes’ August issue ranking the most successful women entrepreneurs in America.

The 20-year-old with her seemingly unstoppable makeup empire, Kylie Cosmetics, is one of seven newcomers on the list, which includes the likes of her sister Kim Kardashian.

A post shared by Kylie (@kyliejenner)

According to the outlet, Jenner has amassed $900 million dollars since launching the brand less than three years ago, which makes her the youngest person on the fourth annual ranking of America’s Richest Self-Made Women.

Forbes ripped for calling Kylie Jenner "self-made" billionaire on magazine cover

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Kylie Jenner Covers Forbes as Youngest Self - Made Billionaire . As the youngest sister, Kylie Jenner noticeably benefitted from her older sisters' fame before her — without their 20 years in the spotlight, she likely wouldn’t have sold as many lip products in just three years.

Kylie Jenner lands cover of Forbes as she's valued at 0MILLION and looks set to beat Mark Zuckerberg to become the world's youngest -ever self - made billionaire . On Wednesday, Forbes unveiled the cover of their August issue, showing the youngest Kardashian- Jenner on the cover .

And that’s a conservative estimate. 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. 

“Social media is an amazing platform,” Jenner told the outlet about her brand strategy. “I have such easy access to my fans and my customers.” 

The reality TV star, of course, boasts one of the most robust social media followings around with over 110 million followers on Instagram and millions more on Snapchat and Twitter. 

A post shared by Kylie (@kyliejenner)

While makeup and more specifically lip kits were a natural fit for Jenner ― she recently made headlines for ditching her signature lip fillers ― she says she “struggled for a minute” to identify her passion in a family where each member is successful in their own way. 

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Update: Forbes just released it’s annual list of the world’s richest people and not only did Kylie Jenner make the list for the first time, but she’s also the youngest self - made billionaire —ever. This can be credited mostly to her wildly successful makeup brand, Kylie Cosmetics. Forbes ' annual.

Kylie Jenner appearing on the cover of a magazine is hardly an event, but even we did a double take when her famous mug was plastered on Forbes ’ August issue ranking the most Within the next year, she’s set to become the youngest self - made billionaire ever, besting Facebook founder Mark.

 “Ever since I was in sixth grade, I would wear purple eye shadow,” Jenner said. “I turned to makeup to help me feel more confident.”

After trademarking the brand in 2014, Jenner said she put up $250,000 of her own money made from modeling contracts and endorsement deals to kick-start the brand with the first batch of lip kits. Much to her surprise the original 15,000 unit order sold out in less than a minute. 

Travis Scott and Kylie Jenner attend the 2018 Met Gala. © Theo Wargo via Getty Images Travis Scott and Kylie Jenner attend the 2018 Met Gala.

With her 21st birthday approaching and a new baby at home, Jenner is already looking out toward the future. She welcomed her first child named Stormi in February with rapper Travis Scott under a shroud of secrecy. 

“Maybe one day [I’ll] pass this on to Stormi, if she’s into it,” she said. 

Back in 2016, Jenner and company first disclosed the brand’s earnings in a Women’s Wear Daily profile about her journey to become a billion-dollar cosmetics queen. At the time, Kris Jenner, Kylie’s mother, who rakes in 10 percent of all her children’s earnings, said the company had collected $420 million in retail sales over 19 months. 

Kim Kardashian on Kylie Jenner's Billion-Dollar Success: Nothing 'Was Handed to Her' (Exclusive) .
Kim was joined by Kris and Kendall Jenner on Sunday, and they all praised the 20-year-old Kylie Cosmetics founder for building her own beauty empire.The Keeping Up With the Kardashians star spoke with ET's Lauren Zima at a charity poker game benefitting City of Hope National Medical Center on Sunday, and she opened up about the backlash against her sister following Kylie's appearance on the cover of Forbes magazine's America’s Richest Self-Made Women issue earlier this month.

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