Kylie Jenner is officially the world's youngest 'self-made' billionaire

Tristan and Jordan

The 21-year-old has been best friends with Kardashian's sister Kylie Jenner since the two young women were middle school and has often been treated and marketed as an extended member of the family.

Kylie Jenner toppled Mark Zuckerberg who previously held the title for the youngest billionaire after crossing the milestone in 2008 when Facebook became a household brand.

Jenner, 21, the half-sister of reality television stars Kim, Khloe and Kourtney Kardashian, made it onto the annual Forbes list of billionaires after debuting her Kylie Cosmetics online in 2015 with $29 lip kits containing matching lipstick and lip liner.

"I didn't expect anything", Kylie told Forbes upon hearing the news, "I did not foresee the future".

John Collison, the co-founder of Stripe, is 28 years old and has a net worth of $2.1 billion. But then in 2018, Jenner signed a distribution deal with beauty retailer Ulta, with her products hitting the shelves over the holiday season.

It's also estimated her business racked in about US$360m in sales just past year.

Massive Colorado avalanche caught on camera
Officials declared a high avalanche danger level and noted that the warning would remain until around 6 p.m. on Monday. The video shows the aftermath of an avalanche , which left behind a "cloud" of white.

Flashback: Forbes announced a year ago that Jenner would likely take over the title.

Microsoft co-founder Bill Gates remained in the number two position with an estimated fortune of $136 billion, up from $127 billion a year ago.

She added: "It's the power of social media".

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

Though many have been left wondering if the term "self-made" could apply to someone from a wealthy family like the Kardashians, Jenner set the record straight, revealing that her parents, Kris and Caitlyn Jenner, "cut her off at the age of 15". Someone who inherited everything they have gets a 1, whereas someone who didn't grow up with money and experienced hardships gets a 10, Forbes says.

Related News:



Most liked

Trump Vows To Sign Campus Free Speech Executive Order At CPAC
USA president Donald Trump is riding out his third year in power encircled by investigations coming at him from multiple flanks. Trump says these new investigations are coming because Special Counsel Robert Mueller's probe isn't panning out.

Congressional panel launches sweeping probe into Trump
Regarding the Mueller probe, ABC Newschief anchor George Stephanopoulos asked Nadler, "Do you think the president obstructed justice? ".

Tornado outbreak leaves at least 14 dead in Alabama
The president tweeted Monday that he's ordered the Federal Emergency Management Agency to give Alabama "A Plus treatment". All but six of the victims were identified, and investigators think they know the identities of the others, Harris said.

Lyft files for IPO, to kick off roadshow later this month
It has matched Uber's efforts to develop self-driving cars and has also expanded into short-term bike and scooter rentals. Lyft, known for the pink moustaches that used to adorn vehicle grilles, was valued at just over $15 billion a year ago .

Yan Valery Unleashes Absolute Rocket For Southampton Against Man Utd
Sanchez went down following a collision in the Saints' penalty area, and was forced off shortly afterwards, with Diogo Dalot replacing him.

Storm brings heavy snow, cold to Colorado
Sunday Night: Showers and possibly a thunderstorm before midnight. "The snow is forecast to impact the Monday morning commute". Temperatures Wednesday and Thursday will not reach 30 degrees, almost 15 degrees below average for this time of year.

The CFL has banned quarterback Johnny Manziel
As we try and connect the dots for what may have triggered the CFL's jettisoning of Manziel , we must note the issues in his past. I can't comment on those conditions. "It's disappointing that it didn't work the way we had hoped and that we'll wish him well".

Ramos Gets Two-Game European Ban For 'Deliberate Booking'
Ramos originally seemed furious with the Danish striker but his anger completely dissipated the moment the card was brandished. But he has now picked up a suspension for a possible quarter-final first-leg tie that he had sought to avoid.

Huawei Units Plead Not Guilty to U.S. Trade Secret Theft
T-Mobile had accused Huawei of stealing technology called "Tappy", which mimicked human fingers and was used to test smartphones. Reuters reported on February 28th that the companies were "arraigned" and that a trial has been set for March 2nd, 2020.

Elon Musk's SpaceX takes major step towards reviving USA astronaut presence
The Dragon carried 400 pounds of crew supplies and equipment - slightly more than the weight of two astronauts - to the station. They plan to be aboard the next Crew Dragon when it takes off for Demo-2, the program's piloted test flight in July.

Kyler Murray: Giants offense would be 'dangerous' with me under center
But I don't get to pick players. "He's not the biggest quarterback in the world, but he is a very big presence at this combine". When asked about Rosen as the team's quarterback, Keim responded, "He is right now, for sure".

Lynne Patton Shreds Rep. Tlaib For Calling Her ‘A Prop’ For Trump
Patton also defended herself and the president against Tlaib's accusations, first on her Instagram. Meadows a racist.so I'm saying that in itself it is a racist act.

How to watch Manchester City vs
That gives them a massive boost. "It's really close at the moment but I have full belief in the squad". When we lose possession, he wins the ball back and when we have possession, he drives the ball forward.

Mike Dean removed from Spurs match
We wanted to win, at the end there was a lot of emotion, we know how important the match was and we felt disappointment. Third-placed Spurs are on 60 points, five points behind Manchester City and six adrift of leaders Liverpool .

Tensions ease as Indian pilot released
Wing Commander Abhinandan Varthaman was handed over to Indian officials on Friday at the only legal border crossing with Pakistan. The Wagah crossing gate is famed for hosting an elaborate daily ceremony by Indian and Pakistani soldiers at sundown.