Kylie Jenner is now the world’s youngest billionaire

At age 21, the actuality TV star and make-up guru Kylie Jenner is the world’s youngest billionaire, based on Forbes.

The journal on Tuesday launched its annual rating of the planet’s richest folks for 2019, saying that Jenner not solely made the billionaires’ checklist for the first time however is the world’s youngest billionaire as effectively as the “youngest self-made billionaire of all time.”

The youngest of the well-known Kardashian-Jenner household ranked at quantity 2,057 on the checklist of two,153.

Forbes credited Jenner’s billionaire standing to the success of her make-up firm, Kylie Cosmetics, which she based in 2015 with the sale of the wildly well-liked lip kits — a set which included liquid lipsticks and matching lip liner.

Jenner, whose internet price is $1 billion, expanded the line to incorporate a variety of cosmetics akin to blush, highlighter, concealers, and eyeshadow palettes. She additionally launched make-up collaborations together with her sisters Khloe Kardashian and Kim Kardashian West, whose internet price is $350 million, based on a 2018 rating by Forbes.

Thanks to earnings constructed from being in the public eye for greater than a decade and the creation of her personal cosmetics firm, KKW Beauty, Kim Kardashian West is the second-richest particular person amongst the Kardashian-Jenner clan.

In 2018, Kylie Cosmetics raked in an estimated $360 million, based on Forbes. The firm is stated to be price at the least $900 million, with Jenner proudly owning 100 p.c stake.

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