Kylie Jenner Is Officially the Youngest Self-Made Billionaire Ever
Forbes has named 21-year-old Kylie Jenner the youngest self-made billionaire ever.
Jenner replaces Facebook co-founder Mark Zuckerberg as the youngest member of the “nine-zero” fortune club. The beauty mogul was also ranked the world’s 2,057th richest person in the world right now.
"I didn’t expect anything," Jenner told Forbes. She added that the recognition "feels really good."
The bulk of Jenner's fortune comes from Kylie Cosmetics, which she started in 2015. Forbes credits the company's success with its minuscule overhead and marketing costs which allow most of the profits to go right into Jenner's pocket.
When Forbes made its initial prediction back in July, the internet took issue with her being called “self-made.” Jenner previously told PAPER magazine that “the self-made thing is true," claiming that her parents stopped giving her money at the age of 15.