Kylie Jenner To Become Youngest ’Self-Made’ Billionaire Ever After Making $900 Million

Kylie Jenner To Become Youngest ’Self-Made’ Billionaire Ever After Making $900 Million

According to the outlet, Jenner has amassed $900 million dollars since launching the brand less than three years ago, which makes her the youngest person on the fourth annual ranking of America's Richest Self-Made Women. Forbes estimated that Kim Kardashian, who has her own cosmetics, clothing and mobile games lines, is worth $350 million. In a video interview with the same magazine, Kylie says she was inspired to create these lips kits due to her own insecurity about her own lips.

The story also reports Jenner, who became a mom in February, has also earned several million from her share of E!'s "Keeping Up With the Kardashians" and endorsement deals with Puma and PacSun. Jenner owns 100% of the company. The magazine values her company at worth almost $800 million - and Jenner owns 100 percent of it. And (if you believe a somewhat dubious Forbes article) she's very close to becoming a billionaire. But, Forbes reports that the lip kit wave is starting to taper off. Kylie's lip-kit revenue dropped an estimated 35% previous year, and company revenue grew by only 7%.

"What her half-sister Kim Kardashian West did for booty, Jenner has done for full lips", Forbes writes, describing her famous pouty lips. But she undeniably upped the ante with the launch of her super successful makeup line, Kylie Cosmetics, which started with a modest collection of lipsticks and coordinating liners in 2016.

"Social media is an wonderful platform", Kylie Jenner told Forbes in an interview released Wednesday. But she's not just making history as a woman.

First person removed from Thai cave on second day of rescue mission
Authorities temporarily stopped their efforts Monday to replenish air tanks along the cave's treacherous exit route. Extracting everyone could take up to four days, but the initial success has raised hopes that could be done.

The reality TV star, of course, boasts one of the most robust social media followings around with over 110 million followers on Instagram and millions more on Snapchat and Twitter.

Forbes said the firm has only 7 full-time and 5 part-time employees, with manufacturing, packaging and sales outsourced, and momager Kris handling the business side in exchange for a 10-percent management cut.

Farrah Abraham filmed the procedure, and Dr. Nazarian revealed to viewers that Farrah's injections were to deflate her lips, not plump them even further.

Kylie used $250,000 of her modeling earnings to manufacture the first 15,000 lip kits.

Related Articles

  • Gazza's message for Southgate and his England squad

    Gazza's message for Southgate and his England squad

    England defeated Sweden 2-0 in the quarterfinals to reach the semi-finals of the World Cup for the first time in 32 years. But the odds on Southgate receiving a knighthood are sure to shorten further if England reach the World Cup final .
    Nearly  20m tune in to England quarter-final win

    Nearly 20m tune in to England quarter-final win

    Nearly 20 million people in Britain tuned in, not accounting for the many more who watched in pubs and public viewing areas. Who are the top five waistcoat wearers? For Thine is the semis, The Final and the Glory, For ever and ever.
    Killed in Japan After 'Unprecedented' Rain

    Killed in Japan After 'Unprecedented' Rain

    In Uwajima town in Ehime prefecture, an overflowing river washed debris down to the coast, turning seawater partially muddy. The assessment of casualties is hard because of the widespread area affected by the rain, flooding and landslides.
  • Liberals attack Brett Kavanaugh for 'frat boy' name

    Liberals attack Brett Kavanaugh for 'frat boy' name

    Wade wasn't going to make or break her vote: "It's not as if those are the only matters that come before the Supreme Court". In 2015 , Kavanaugh , a Roman Catholic, filed a dissent in a case involving religious employers and reproductive rights.
    Wimbledon | Goerges sets up Wimbledon semi-final date with Serena

    Wimbledon | Goerges sets up Wimbledon semi-final date with Serena

    Kerber took advantage of Kasatkina's 31 unforced errors, including seven double faults, but took a while to end things. The two met last month in the second round at the French Open, with Williams winning in straight sets.
    Democratic Senators Issue Last-Minute Warnings About Trump's Supreme Court Pick

    Democratic Senators Issue Last-Minute Warnings About Trump's Supreme Court Pick

    As a result, Trump found more than twice as many judicial vacancies waiting for him when he entered the White House as Obama did. The last thing working men and women in Pennsylvania need is another corporate justice on an increasingly corporate court .
  • Should the Colts Take Anyone in the Supplemental Draft?

    Should the Colts Take Anyone in the Supplemental Draft?

    The supplemental draft will take place on Wednesday at 11 AM MT, with a predetermined order that is not known by the teams. The team signed Sam Irwin-Hill to serve as a backup punter and since that time, they have kept him on the 90-man roster.
    Roger Federer ditches Nike for Uniqlo

    Roger Federer ditches Nike for Uniqlo

    OLI SCARFF/AFP/Getty ImagesTRUE GRITU.S. player Madison Keys grimaces during her match with Australia's Ajla Tomljanović. While Federer was in cruise control on Centre Court, three top American ladies were on the next three stadium courts.
    Fernando Hierro steps down as Spain coach

    Fernando Hierro steps down as Spain coach

    Fernando Hierro was given the job on a caretaker basis, to at least initially see Spain through this summer's World Cup. He followed it up with a domestic double in the 2015-16 campaign.
  • Amesbury novichok victim Dawn Sturgess, 44, dies

    Amesbury novichok victim Dawn Sturgess, 44, dies

    The woman who was exposed to the nerve agent Novichok in Amesbury , Wiltshire, died in hospital this evening, Sunday, 8 July. It is unknown if the incident is connected to the major police investigation in the the Novichok poisoning crisis.
    ‘WaistcoatWednesday’: England fans don waistcoats ahead of semi-final against Croatia

    ‘WaistcoatWednesday’: England fans don waistcoats ahead of semi-final against Croatia

    It's not just the fans back home who are enjoying England's historic run to the last four; the players and staff are equally exuberant.
    Croatia beat Russia on penalties to reach World Cup semi-finals

    Croatia beat Russia on penalties to reach World Cup semi-finals

    Excitement in the stadium, which was full of fans shouting Ra-si-ya, was palpable as the match went to extra-time. The ball floated onto the head of Domagoj Vida , who pushed it through traffic to give Croatia a late lead.