Kylie Jenner, 20-year-old youngest member of the Kardashian clan is on her path to be the youngest self-made billionaire of America, according to Forbes.
A mother of one, come up with Kylie Cosmetics two years ago and $630 million worth of cosmetics have already been sold by the company.
Her company is valued at $800 million by Forbes but her overall worth is calculated to be $900 million that also include her earnings from television programs, endorsements, and after-tax dividends.
The company is owned 100% by Jenner and it actually started out with $29 lip kit that included a matching set of lipsticks and lip liners.
If she grows with the same pace, the world would witness the youngest self-made billionaire ever beating Mark Zuckerberg, who achieved this recognition at the age of 23.
With 110 million followers on Instagram, 25.6 million in Twitter and 16.4 million who follow her company; her success is attributed to her fame on social media.
The company has seven full-time employees and 5 part-time, manufacturing, packaging and sales are outsourced by the company. In exchange for 10% management cut momager, Kris is handling the business side.
Keeping up with the Kardashians a TV reality show was started when Kylie was 10 years old and at the age of 17, she put to fame the phrase’ Kylie Lip kits for the perfect pout.
