|Kylie Jenner Net Worth||$ 900 Million|
Its Forbes official – 21-year-old Kylie Jenner is America’s youngest self-made billionaire. She strikes out challenger Mark Zuckerberg for the title, as the Facebook founder was 23 when he hit ten figures. On Wednesday, she landed yet another honor from Forbes as she featured on their top 100 highest-paid celebrities growing up the ranks to second place just following singer Taylor swift’s fortune. Jenner, who sells her cosmetics largely online, has 128 million followers on Instagram and 26.7 million followers on Twitter. “It’s the command of social media,” Jenner tells Forbes. “I had such a strong reach before I was able to start something.” Kylie Jenner net worth is currently more than a billion dollars.
According to Forbes, Jenner’s beauty line Kylie Cosmetics made an expected $360 million in 2018 alone; helped in part by an ability partnership with Ulta towards the end of the year which saw her make $55 million in presently 6 weeks. With the begin of her new skincare brand kylie skin, the Kardashian sister is set to add even more to her bottom line as all of the brand’s products instantly sold out – and it’s rumored she might even be launching a baby care line.
“I didn’t expect anything. I did not divine the future. But [the recognition] feels really good. That’s a nice hit on the back,” Jenner told Forbes. No wonder she likes to show off about how rich she is.
Jenner’s motivation for her makeup brand came from her passion with YouTube tutorials as a teen: “I turned to makeup to help me feel more positive,” she tells Forbes. At 17, two years before it formally launched, Jenner trademarked “Kylie Lip Kit.” Within six weeks of her first makeup release, her mom and manager Kris Jenner decided to partner with their current manufacturer, Seed Beauty. The fame of Jenner’s products also stems from the limited number of products she makes available for each launch, which usually sell out. There’s no truth to rumors that Seed Beauty and Kylie Cosmetics consciously create the illusion of insufficiency, Seed Beauty co-founder Laura Nelson told Vanity Fair, adding, “We are running the factory 24-7 to meet demand. It’s truly as much as we can make.”
She remains much related to her family. As CEO, chief marketing officer, and chief creative officer, Jenner own 100 percent of Kylie Cosmetics, while her mom Kris Jenner serves as the company’s chief financial officer. And when Jenner was named one of Time magazine’s most leading teens of 2016, she told the publication that she has been most inspired by her older sister. Kardashian West is “so dedicated, she’s so smart, she’s such a businesswoman and she’s always doing something and thinking of new ideas,” Jenner said. “She has inspired me to have a great work ethic.” Kylie Jenner net worth is a result of her hard work over the years
“I really do think like people don’t take me sincerely as a businesswoman because of my age and my reputation,” Jenner said last year on “Life of Kylie.” “But I feel like they’re starting to. I like to prove people wrong.”