Kylie Jenneris officially the youngest billionaire in the world,according toForbes‘ latest ranking.
The 21-year-old Kylie Cosmetics mogul wasestimated to surpass Facebook’s Mark Zuckerbergas the youngest self-made billionaire ever in July 2018, and now, that’s reportedly become her reality.
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But Jenner’s billion dollar empire also stems from her other earnings like an array of product endorsements (like sponsored postsfor Fit Tea Wraps, waist trainer company Waist Gang Society and more), herKUWTKpaycheck, the Kendall + Kylie clothing line and her Adidas partnership.
Overall, the businesswoman credits her booming success to the internet (she has over 128 million Instagram followers alone). “It’s the power of social media,” Jennersaid. “I had such a strong reach before I was able to start anything.”
After hearing the news of Jenner’s exciting accomplishment, the star’s older sisterKendall Jennercongratulated her on Twitter. “HOLY MOLYYYYYYY,” the supermodel wrote alongside three trophy emojis.
According to the outlet, she tied for fifth place with Jay-Z, who is also estimated to have a $900 million net worth. Leading the rest of the list in the top four spots was George Lucas ($5.4 billion), Steven Spielberg ($3.7 billion), Oprah ($2.8 billion) and Michael Jordan ($1.7 billion).
Forbes/Jamel Toppin
Though many have been left wondering if the term “self-made” could apply to someone from a wealthy family likethe Kardashians, Jenner set the record straight, revealing that her parents,KrisandCaitlyn Jenner, “cut her off at the age of 15.”
“I had such a huge platform, I had so many followers already and I had so many people watching me,” Jenner toldPAPER, adding that “the self-made thing is true.”
“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she said. “What I’m trying to say is I did have a platform, but none of my money is inherited.”
source: people.com
