Kylie Jenner Becomes The Youngest Self-Made Billionaire By 21

Kylie Jenner sold her Makeup range online, but decided to later on take it a level ahead, and sold it at the store with the partnership with Ulta. The lipstick kit costs $29, and Kylie often visited stores, gave off autographs, and people always loved her back. Within a six week time frame, Kyle Cosmetics sold about $54.4 million worth products. Kylie says that she did her usual thing and it worked. Forbes has estimated that her company is worth $ 900 million. She owns every single penny – she is now a billionaire, with a $ 1 billion dollars in her kitty.

She is the youngest one to reach that benchmark, even two years younger than Mark Zuckerberg, who got there when he was 23. Kylie says that she didn’t expect such a victory, it just happened. The overhead of her empire is less, with barely ten employees. The manufacturing is outsourced to Seed Beauty, and the online partner is Shopify, thus she earns the entire chunk of it. Kylie does her marketing through online social media, and her mother looks after Marketing and PR.

Kylie plans to expand her product range, and experiment with other genres of marketing. With the title of the youngest billionaire, she will soon overtake the male dominated finance and economics.