Aged just 20, Kylie Jenner is on track to become America’s youngest “self-made” billionaire, Forbes revealed Wednesday.
The young mother, who gave birth to daughter Stormi in February, set up Kylie Cosmetics two years ago and the company has already sold more than Ksh64 billion worth of makeup, the magazine said.
Forbes conservatively valued her company at Ksh81 billion and raised her overall worth to Ksh91 billion by throwing in earnings from TV programs, endorsements and after-tax dividends.
She is already the youngest person on Forbes’ list of richest self-made US women. Another year of growth would make her the youngest self-made billionaire ever, beating Mark Zuckerberg, who crossed the threshold at the age of 23.
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Source: eDaily Entertainment