Image Source: Forbes
Wonder what it might feel like to have a net worth of $900 million in your lifetime? What about by the age of 20? Kylie Jenner, the youngest of the Kardashian family, has done just that, and is well on her way to a total net worth of $1 billion this year.
After launching Kylie Cosmetics in 2016, Kylie’s career took off to new levels at the young age of 18. Of course, Kylie Cosmetics isn’t her sole focus, as she has other partnerships with brands like Puma and PacSun, but as her own, rapidly growing, business, Kylie Cosmetics certainly takes the cake for her most successful accomplishment to date. “Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eyeshadow and concealer, at nearly $800 million. Jenner owns 100% of it,” Forbes says in their recent cover article.
Whether you’re generally a fan of the Kardashians or not, there’s no denying Kylie’s accomplishments are impressive. According to Forbes, “Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23. (Snapchat’s Evan Spiegel also became a billionaire in his early 20s, though it’s less clear when he passed that threshold).” And, her net worth, “along with her age, makes her the youngest person on the fourth annual ranking of America’s Richest Self-Made Women.”
Keep slaying the makeup world, Kylie. It’s hard keeping up with you.
Posted by Victoria