Written by Reuters
12 Jul, 2018 | 6:05 pm
Reuters – Reality TV star Kylie Jenner is on track to become the youngest self-made billionaire in the United States thanks to the booming cosmetics company she launched two years ago, Forbes magazine reported on Wednesday (July 11).
Jenner, 20, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in 2016 with $29 lip kits containing matching lipstick and lip liner and has since sold more than $630 million worth of makeup.
Forbes said it valued her company at nearly $800 million and that Jenner owns 100 percent of it.
Adding millions from TV programs, endorsements and after-tax dividends from her company, Forbes said Jenner was “conservatively” worth $900 million. Another year of growth would make her the youngest-self made billionaire ever, male or female, the magazine said.
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