Here’s how Kylie Jenner makes her millions and set herself up to be the world’s youngest self-made billionaire

Kylie Jenner Met Gala 2018

At 20 years old, Kylie Jenner is by far the richest member of the Kardashian-Jenner family.
She’s worth an estimated $900 million, according to Forbes.
Her growing fortune puts her on track to become the world’s youngest self-made billionaire in a year, a title once held by Mark Zuckerberg and Bill Gates, Forbes reported.
Here are all the ways Jenner makes her millions, from her cosmetics company to TV to product endorsements.

Kim Kardashian West, might be the most prominent of the Kardashian-Jenner clan, but Kylie Jenner is by far the richest

According to the most recent issue of Forbes — which features the 20-year-old on the cover with the heading, “America’s Women Billionaires” — Jenner’s set to become the youngest self-made billionaire ever with a current net worth of $900 million.

wow. i can’t believe I’m posting my very own @forbes cover. thank you for this article and the recognition. I’m so blessed to do what i love everyday. i couldn’t have dreamt this up! #KylieCosmetics

A post shared by Kylie (@kyliejenner) on Jul 11, 2018 at 7:00am PDT on
Jul 11, 2018 at 7:00am PDT

This is almost three times the net worth of Kardashian West, who is the next-wealthiest of the family with a net worth of $350 million.

Jenner, who will turn 21 in August, has built up a cosmetics empire, starred alongside her family in “Keeping Up with the Kardashians” as well as in her own spin-off show “Life of Kylie,” started a clothing line with her sister, and made millions promoting products on Instagram.

Here are all the ways Jenner makes her money.

Her cosmetics company, Kylie Cosmetics, sold more than $630 million worth of makeup in just two years.

Jenner owns 100% of Kylie Cosmetics and has personally made an estimated $60 million from the company after taxes, according to Forbes.

Much of Jenner’s work on Kylie Cosmetics happens on social media.

The manufacturing, packaging, and sales are all outsourced to private companies, and the Kardashian-Jenner matriarch and Kylie’s mother, Kris Jenner, handles the financial and public relations aspects of the brand, Forbes …read more

Source:: Business Insider


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