Kylie Jenner To Become Youngest ’Self-Made’ Billionaire Ever After Making $900 Million

Kylie Jenner, 20, set to become youngest self-made billionaire

The 20-year-old social media starlet turned makeup mogul has built her Kylie Cosmetics brand to an astonishing $900 million fortune, according to the publication, thus becoming the richest member of the Kardashian-Jenner clan.

There has always been rumors that Kylie Jenner's Kylie Cosmetics (the brand that launched the OG lip kit and a million copycats) was on its way to being a billion-dollar business, and now it appears that historic milestone is closer than ever. The company is valued at almost $800 million and has sold more than $630 million worth of makeup since launching less than three years ago; Jenner also earned $100 million from the Kim Kardashian-led reality TV show and social media endorsements for her 110 million followers. Kylie - who owns 100% of the company, now worth almost $800 billion - credits social media for helping her build such a massive following of customers.

One person wrote, "Everyone is hating on Kylie because Forbes said she was a self-made billionaire, but the truth is that half of you would never be able to do what she has done, regardless of the position you were born into". Using its standard formulation, Forbes values the company at $800 million, and Kylie is the sole owner.

As RadarOnline.com readers know, the gorgeous 21-year-old influencer has gained fame-and cash-from her wildly popular Kylie Cosmetics brand, as well as from her Instagram style and short-lived reality show. I have such easy access to my fans and my customers'.

"Ever since I was in sixth grade, I would wear purple eye shadow", she remembers.

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"It has sold more than $630 million worth of makeup since, including an estimated $330m in 2017".

Jenner told Forbes that she invested $250,000 of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line. She takes a 10% cut from all he six daughters' businesses for managing them.

"I said, 'I'm ready to put up my own money".

"Maybe one day [I'll] pass this on to Stormi, if she's into it."

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