By  
on  

$29 Lipstick Kits to $900 Million empire: Kylie Jenner to be the youngest 'self-made' billionaire ever

Hailing from a family popular in over 160 countries... Subjected to camera presence since the tender age of 10... A model, actor, socialite, social media influencer with a loyal following of 110 MILLION online followers...Owner of the top-most cosmetic brand, worldwide... Mother to a five-month-old baby and with an expected net worth of $900 Million at the age of 20 - Kylie Jenner is winning the world.

Forbes recently featured Kylie on the cover of their August edition, also the month when she turns 21. Decked in a black power suit and blazer with sleek hair tied in a bun, Kylie shines on the cover in nude makeup and short, sweet smile. The Forbes cover boasts Kylie as the 'Cosmetic Queen' who, at 21, is all set to become the youngest 'self-made billionaire' ever. Currently estimating her net worth at $900 Million, in just a year she is expected to leave behind the founders of Facebook, Mark Zuckerburg and Snapchat, Evan Spiegel, who also turned billionaires in their early 20's.

However, Forbes', Jenner's and Kardashian's pride and happiness weren't well received on social media - which Kylie credits entirely to her success. They collectively received more hate than love and respect for citing her as 'self-made'. Twitterati claims "Her success is commendable but it comes by virtue of her privilege."A close reading of the long feature will surely put their doubts aside.

https://twitter.com/rgay/status/1017151467097022464

According to Forbes, Kylie was a self-conscious teenager who found confidence in 'purple eye-shadow' 'lining her lips outside for a fuller look'. At 17, she started a chain of pictures and videos flaunting her 'Kylie lips for the perfect pout'. This was the germ of her multi-million dollar empire called Kylie Cosmetics. Contrary to the popular belief, she did not take help from her international superstar mom Kris Jenner or her super famous sisters. Instead, the 20-year-old who started modelling and endorsements at an early stage in her life used her saving and went to an outside company to help in the production of her $29 Lipstick kit with matching lip-liners.

RECOMMENDED READ: KYLIE JENNER WON’T SELL HER COSMETICS BRAND

She used social media to drive her campaign. It did not take too long to release that her influence was indeed strong. She reached out to the Canada based e-commerce outlet for the sales. As she puts it, "before I could refresh the page, everything was sold out." And so began her journey from $29 dollars to $900 Million in a company that she owns entirely 'on her own'. It is estimated that she reached from nothing to over $650 million in the past three years. While her sister and socialite Kim Kardashian West's net worth remains $350 Million.

With the current rate of growth, it is just a year until the young one rules the charts. Against all the hate and disrespect, Kylie trumps with her success and will continually do so with her loyal following.

More power to you, girl!

Author

Recommended