Mark Zuckerberg the founder of facebook became a billionaire at age 23, but his record is set to be overtaken by 20 year old Kylie Jenner, makeup business mogul, reality star and influencer who is at the edge of becoming the youngest self-made billionaire ever.
The youngest Jenner, who is on the cover of the August edition of the American business magazine, is on the ‘America’s Richest Self-Made Women’ list.
The 20 year old Kylie, who is the youngest of the Kardashian-Jenner sisters, is worth 900 million dollars and is tipped by Forbes to become the youngest billionaire in the world.
Kylie joins other women including her sister Kim Kardashian, media mogul Oprah Winfrey, singers Beyonce and Taylor Swift who also made the list.
She came into limelight from her appearances in her family’s television show ‘Keeping up with the Kadarshians’.
Speaking on Kylie’s rise, Forbes wrote, “Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23.”
Describing Kylie’s business success, Forbes wrote on its website, “Jenner runs one of the hottest makeup companies ever.
“Kylie Cosmetics launched two years ago with a $29 “lip kit” consisting of a matching set of lipstick and lip liner.
“It has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017.
“Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.