FORBES has decided to name her as the youngest self-made billionaire in the world despite opposition from critics who say the star is anything but.
Fueled in part by the Ulta expansion, Kylie Cosmetics’ revenue climbed 9% last year to an estimated $360 million. With that kind of growth, and even using a conservative multiple from the booming makeup industry, 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. She’s the youngest-ever self-made billionaire, reaching a ten-figure fortune at a younger age than even Mark Zuckerberg (who was 23 when he hit that mark).
And Twitter has been going wild:
Kylie Jenner is not a “self made billionaire” her family was already worth millions and incredibly famous. All she did was leverage her fame, fortune, and family name. https://t.co/jTxoH0LqwE
— Robbedy (@robbedy) March 5, 2019
— Maksi (@Maksi72238150) March 5, 2019