Youngest Self-Made Billionaire Ever

Forbes magazine named the American model Kylie Jenner the youngest billionaire who earned capital by her own in the world.

photo credit: kyliejenner/Instagram

 

   The magazine estimated Jenner’s state of $1 billion, and the cost of the company Kylie Cosmetics – $900 million. In 2018, the company’s revenue grew by 9% and amounted to about $ 360 million.

   Forbes ranked Jenner as billionaires at the age of 21 – two years earlier than Facebook founder Mark Zuckerberg.

   The model, which gained popularity as a member of the “Kardashian Family” reality show, founded Kylie Cosmetics in 2015. The company has only 12 employees, five of them are part-time employees. Finance and PR are engaged by model’s mother, businesswoman Chris Jenner. Marketing is mainly made through social networks since Jenner has a huge number of fans. In Snapchat, Instagram, Facebook and Twitter, more than 175 million people have signed on her account.

photo credit: kyliejenner/Instagram

 

photo credit: kyliejenner/Instagram

 

   Jenner is on the 2057th place in the ranking of billionaire magazine Forbes.  

   In total, the rating of this year included 2,153 billionaires. It is 55 less than in 2018. The top 3 richest business executives were Amazon CEO Jeff Bezos ($139.6 billion), Bill Gates the founder of Microsoft ($96.5 billion), Warren Buffett Head of Berkshire Hathaway ($82.5 billion).

Share with your friends