Kylie Jenner is once again the world’s youngest self-made billionaire.
The 22-year-old Keeping Up With The Kardashians star turned beauty mogul, made Forbes’ 2020 World’s Youngest Billionaires list for the second year in a row, as her Kylie Cosmetics and recently launched Kylie Skin brands brought her net worth up to $1 billion.
Kylie told Forbes in 2018 that she invested $250K of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line.
“I said, ‘I’m ready to put up my own money. I don’t want to do it with anyone else,’” Jenner said.
In 2019, the young mom sold a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million. Talk about goals!
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(Photo: Kevin Tachman/MG19/Getty Images for The Met Museum/Vogue)
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