Known for her glamorous make up line and famous family, Kylie Jenner is reportedly close to dethrone Mark Zuckerberg as the youngest self-made billionaire.
Kylie Jenner’s Empire
Forbes reports that the famous personality established an empire from her TV programs and product endorsements – Puma, PacSun and the $60 million in estimated after-tax dividends Jenner has taken from her own company. The 20-year-old celebrity is considered to be worth $900 million. This makes Kylie the youngest person on the fourth annual ranking of America’s Richest Self-Made Women.
Currently, Jenner has 110 million followers on Instagram. According to People magazine, posts on Jenner’s account are worth $1 million of traditional ad spending. This makes her one of the most influential celebrities worldwide.
This is not the first time that Jenner got in Forbes’ lists. Back in 2017, Kylie was the youngest ranking member of the list at No. 59 on Forbes’ list of highest-paid celebrities. But if Jenner continues her fame and success, Forbes estimates that Kylie might reach $1 billion this year.
Kylie Cosmetics launched on 2016. And with the success of Jenner’s liquid lipstick + lip liner duo, fans demanded more. Hence, the celebrity decided to create eyeliners, eye-shadow palettes, and other beauty products sold online.
Photo courtesy of Kylie Jenner’s Instagram Account
With this, Jenner expanded her network and connections further. The celebrity maximizes her profits by using other online shops such as Shopify as platforms to supply her customers. Not surprisingly, Kylie Cosmetics is now estimated at $800 million according to Forbes.
Jenner is also the one in charge of her marketing and advertising campaigns, with all the money she makes going straight to her pocket.