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Kylie Jenner Reportedly Becomes the Youngest Billionaire Ever

Kylie Jenner Reportedly Becomes the Youngest Billionaire Ever

The 21-year-old Keeping Up With The Kardashians reality star and beauty entrepreneur is now the world's youngest billionaire, according to Forbes on Tuesday (March 5).

Somewhere, Kris Jenner is celebrating her 10 percent cut, because Kylie "self-made" Jenner has finally done it.

Forbes has estimated the business, which is 100% owned by Jenner, turned over 360 million U.S. dollars (£274,118,400) over the past year from a majority of e-commerce revenue.

She credits her success to her enormous social media following which ensured her customer base before she made her first product.

Other newcomers on Forbes' list include Spotify co-founders Daniel Ek and Martin Lorentzon, who are worth $2.3 billion and $3.1 billion, respectively.

"I had such a strong reach before I was able to start anything".




Becoming a billionaire at 21 means she snatched the crown from Facebook's Mark Zuckerberg, who previously earned that title when he was 23 years old.

Best known for her makeup brand "Kylie Cosmetics", Jenner's net worth rose from $900 million in 2018 to $1 billion in 2019.

"I didn't expect anything", Jenner told Forbes.

Forbes explained that it defines "self-made" as "someone who built a company or established a fortune on her own, rather than inheriting some or all of it". "I did not foresee the future", Jenner told Forbes. But there were more billionaires in the Americas, led by more capital in the USA and Brazil, have more billionaires than the previous year at 609 in the U.S. alone, with 14 of the world's wealthiest billionaires. "But [the recognition] feels really good".

Social media users seemed split on the meaning behind Astroworld rapper's tweet. I'm a rollercoaster of emotions & have said things I shouldn't have. Kylie reportedly shares the details of her products directly with her fans online through the medium of Facebook, Twitter, Instagram and Snapchat.

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